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Fraser Well Management Launches Well Operatorship Division

Jul 08, 2020

UK-based well engineering firm Fraser Well Management (FWM) has launched a new well operatorship division.'The new product line marks an evolution for the established well engineering and management specialist and aims to provide end-to-end…

Morgan Stanley, Goldman Sachs to Advise China on Pipeline Asset Transfers

Jul 08, 2020

Top Chinese energy firms have mandated investment banks Morgan Stanley and Goldman Sachs to act as advisors for multi-billion dollar deals transferring key oil and gas pipeline assets into a national energy infrastructure giant, four sources said…

LR: Up to 40% of FPSO Maintenance Work 'Unnecessary'

Jul 08, 2020

As much as 40% of maintenance work carried out by FPSO vessel operators is unnecessary, the energy industry consultancy Lloyd’s Register (LR) has found.Lloyd’s Register (LR), found that by reducing these unwarranted manhours, operators could save on average almost £600…

Ireland: Kinsale Gas Fields Cease Production after 42 Years Online

Jul 08, 2020

Ireland's Kinsale area offshore gas fields in the Celtic Sea have officially ceased production, after more than 40 years online.The news of production cessation from the gas fields was shared by the operator PSE Kinsale Energy, a subsidiary of Malaysia's Petronas…

Congressman Pallone: Atlantic Offshore Drilling Ban in Appropriations Bill

Jul 08, 2020

U.S. Congressman Frank Pallone, Jr., the representative for New Jersey's 6th congressional district, announced that the House Democrats’ appropriations bill for the fiscal year 2021 would ban offshore drilling in the Atlantic Ocean. In May,…

TSMC to Offtake Full Output from Ørsted's Taiwan Wind Farm

Jul 08, 2020

World's largest offshore wind farm developer Ørsted has signed what it says is the world’s largest renewables corporate power purchase agreement with Taiwan-based TSMC.Under the agreement, TSMC, the world’s largest semiconductor foundry, will…

Equinor Finds Gas and Condensate at Atlantis Well in North Sea

Jul 08, 2020

Norwegian oil and gas company Equinor has discovered gas and condensate in the exploration well 30/2-5 S Atlantis, in the North Sea, offshore Norway.The discovery was made about 17 kilometers south of the Kvitebjørn field in the North Sea and 160 kilometers northwest of Bergen…

'Autonomous Guard Vessel' Concept Unveiled

Jul 08, 2020

A new offshore guard vessel concept aims to be smaller, lighter and more efficient than most of the vessels used to protect offshore operations currently. It will also be completely unmanned and autonomous.The so-called Autonomous Guard Vessel…

CWind Working with Reygar to Improve Crew Safety

Jul 07, 2020

Remote monitoring and reporting platforms provider Reygar says it is working with offshore renewables services company CWind to develop a new communication safety feature within its BareFLEET fleet monitoring system.In an effort to simplify…

ABS Certifies Jack-Up Rig Steel after Remote Survey

Jul 07, 2020

Classification and consultancy company ABS has provided a remote survey for steel certification at a steel mill, enabling Lamprell to continue work on jack-up drilling rigs, despite COVID-19 restrictions.Lamprell ordered 8855 MT of steel for…

Petrobras Starts Decommissioning Offshore Platform in Campos Basin

Jul 07, 2020

Brazilian oil company Petrobras has said it has started decommissioning works on the P-12 semi-submersible production platform in the Campos Basin, offshore Brazil.The 1983-built platform is located at the Linguado field, 83 km from Cabo de…

Icon Offshore in Talks to Buy Jack-Up Rig from Perisai

Jul 07, 2020

Malaysian offshore services provider Icon Offshore is looking to buy the Perisai Pacific 101 offshore drilling rig from Perisai Petroleum Teknologi.Icon Offshore said Monday it was in negotiations with Perisai and its subsidiaries in relation…

Angola to Comply with Output Cuts Fully, after Initial Resistance

Jul 07, 2020

Angola has agreed with OPEC to comply fully with a global pact on supply curbs and will compensate for previous overproduction by cutting more from July to September, two OPEC sources said.The Organization of the Petroleum Exporting Countries and allies led by Russia…

Simply Blue Energy Set to Develop 1GW Floating Wind Farm Off Ireland

Jul 07, 2020

Ireland-based offshore renewables company Simply Blue Energy is stepping forward with the development of a floating offshore wind farm of up to 1GW capacity in the Celtic Sea, offshore Ireland.The company has this week made an application to the Irish Department of Housing…

CorPower Starts Wave Energy Project in Portugal

Jul 07, 2020

CorPower, a Swedish developer of wave energy converters, is establishing an R&D, Manufacturing & Service Centre for wave energy converters in Viana do Castelo, Portugal.The location has been chosen to support CorPower’s demonstration project HiWave-5…

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