Latest News - page 1253

 

Keppel Offshore & Marine Wins $74,7M FPSO Conversion Work

Nov 26, 2020

Singapore's Keppel Offshore & Marine has won a contract from an unnamed repeat customer worth about S$100 million (USD 74,7 million) for the fabrication and integration work on a Floating Production Storage and Offloading vessel (FPSO).Scheduled for delivery in 4Q 2022…

MacGregor to Install Predictive Maintenance Solution on North Sea Giant Vessel

Nov 26, 2020

Cargotec's subsidiary MacGregor has signed an agreement with offshore vessel owner North Sea Shipping to deliver its OnWatch Scout Predict on the North Sea Giant offshore vessel.OnWatch Scout is a solution that connects installed equipment aboard…

CGG, Magseis Fairfield Complete 'Largest Ever' North Sea OBN Survey

Nov 26, 2020

Marine seismic data companies CGG and Magseis Fairfield have completed the 2020 acquisition of what they say is the largest OBN (Ocean Bottom Node) survey ever acquired in the North Sea. The OBN Cornerstone 2020 multi-client survey in the UK Central North Sea began in March 2020…

Petrobras Cuts 5-year Spending Plan by 27%

Nov 26, 2020

Brazil's state-controlled oil company Petroleo Brasileiro SA cut its five-year investment plan by 27% from a year ago to $55 billion to preserve cash, as the coronavirus pandemic drove down global oil demand and prices.In a filing on Thursday…

'Largest Ever' Offshore Wind Financial Close Reached for World's Largest Offshore Wind Farm

Nov 26, 2020

Equinor and SSE have announced a financial close on the first two phases of the world's largest offshore wind farm project - the Dogger Bank in the UK North Sea.Dogger Bank wind farm is a joint venture between SSE Renewables, who are leading the construction of the offshore wind farm…

Jersey Oil & Gas to Buy Cieco V&C

Nov 26, 2020

UK oil and gas exploration and production firm Jersey Oil & Gas (JOG), has agreed to buy Cieco V&C, a company which owns an interest in JOG-controlled Licence P2170, in the UK North Sea.The company has entered into a conditional sale and purchase…

Brazil: Petrobras Taps Shearwater Geo for Deepwater OBN Survey

Nov 26, 2020

Seismic contractor Shearwater GeoServices has been awarded a large Ocean Bottom Node 4D Baseline survey in Brazil with the Brazilian national oil company Petrobras.The deepwater OBN survey will be carried out at the Jubarte Field in the Campos Basin…

Gulf Marine Contractors Names Finstad Executive VP

Nov 25, 2020

Gulf Marine Contractors (GMC) said it has appointed Peter Finstad as the company's new executive vice president. Finstad's focus will be expanding GMC's logistics services to the offshore energy industry and providing commercial and operations…

Tokyo Gas Joins Chiba Offshore Wind Partnership

Nov 25, 2020

Japan's largest provider of city gas Tokyo Gas Co., Ltd. has joined the joint venture established by Shizen Energy Inc. and Northland Power Inc. in 2019 for the development of offshore wind projects in Chiba Prefecture, Japan, the partners announced Wednesday…

PetroVietnam Says Annual Output Unaffected by COVID-19

Nov 25, 2020

Vietnam's state oil firm PetroVietnam said on Wednesday it was on track to meet its targeted rate of production this year, despite the impact of the coronavirus pandemic and the fall in global crude oil prices.The company, formally known as Vietnam Oil and Gas Group…

Moray East Offshore Wind Farm Jacket Transport Completed

Nov 25, 2020

On November 25, 2020, MV Hawk discharged her final jacket foundation for the Moray East Offshore Wind Farm.OHT’s heavy transportation vessel carried its second load of 10jackets from Lamprell’s fabrication site in Hamriyah, UAE, arriving at the Port of Nigg in the Cromarty Firth on November 12…

Saipem Wins FEED Work for Ichthys LNG Project

Nov 25, 2020

Italian oilfield services firm Saipem confirms it has secured a contract award to conduct booster compression module (BCM) front end engineering and design (FEED) services for the INPEX-operated Ichthys LNG energy development offshore Australia…

Tullow Oil Shifts Its Focus to West Africa

Nov 25, 2020

Britain's Tullow Oil will commit 90% of its investments in coming years on its producing offshore oilfields in West Africa and put exploration on the back burner to reduce debt.Tullow, which was set up in the 1980s produce oil and gas in Africa…

Shell UK Gender Pay Gap Narrows Slightly in 2020

Nov 25, 2020

Royal Dutch Shell's female employees in Britain earned 18% less on average than their male colleagues in 2020, with the pay gap slightly narrowing from the previous year.In its annual UK diversity pay gap report, Shell also published for the…

Exxon Lowers Oil Price Outlook for Much of the Next Decade

Nov 25, 2020

U.S. oil major Exxon has lowered its expectations for oil prices for much of the next decade, the Wall Street Journal reported on Wednesday, citing internal company documents.As part of an internal financial-planning process conducted this fall…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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