Latest News - page 1351

 

ROV Operator Rovco Charters Glomar Wave Vessel for Offshore Wind Work

Jul 21, 2020

The UK-based operator of Remotely Operated Vehicles Rovco has chartered the Glomar Wave vessel from Glomar Offshore to support its work on offshore wind farms.Rovco said the 66.44m DP2 vessel would support a campaign of secured ROV projects to be undertaken by Rovco…

Watch: Pioneering Spirit Removes Brent Alpha Topsides

Jul 21, 2020

Allseas' giant Pioneering Spirit vessel last month removed Shell's Brent Alpha platform topside from the UK North Sea.The 17,000-tonne Brent Alpha was removed in a single-lift operation.It was then moved to Able UK’s Teesside decommissioning yard in North East England for dismantling and recycling…

Fugro Done with Geophysical Work at Qatar's North Sea Field

Jul 21, 2020

Fugro has completed the first phase of its offshore site investigation for Qatargas’ North Field Production Sustainability’s Compression Phase.The Dutch company started the fieldwork started in March. The first phase marks the completion of the geophysical scope…

Vestas Nabs 50MW Wind Turbine Order in Vietnam

Jul 21, 2020

Danish wind turbine supplier Vestas has secured a 50 MW order in Vietnam with local EPC construction company, Bac Phuong JSC for the second phase of the Dong Hai 1 intertidal wind project. Vestas was also awarded the first phase of the project in December 2019…

Israel Approves Eastmed Subsea Pipeline

Jul 21, 2020

The Israeli government on Sunday approved an agreement with European countries for the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean.The Eastmed pipeline, which has been in planning for several years…

Vattenfall CEO Set to Step Down

Jul 21, 2020

Swedish wind farm developer Vattenfall has said that its President and CEO Magnus Hall has decided to leave the company after nearly six years in the position.Hall will leave Vattenfall at the latest on January 31, 2021, and Vattenfall's board…

Canada: Hibernia Oil Platform Shuts Output after Leak

Jul 21, 2020

The Hibernia oil platform in Canada was shut after a leakage of drilling and production fluids, the Hibernia Management and Development Co (HMDC) said late Monday.Hibernia sits roughly 315 km (200 miles) east of St. John's, Newfoundland and Labrador…

Oil Search Q2 Revenue Falls About 30%

Jul 20, 2020

Australia-listed Oil Search Ltd on Tuesday reported a near 30% drop in second-quarter revenue, hurt by a sharp decline in oil and gas prices as demand plunged due to the coronavirus pandemic.The Papua New Guinea-focused oil and gas explorer recorded a revenue of $266…

Santos Flags $560 Mln Impairment Charge on Virus-led Oil Slump

Jul 20, 2020

Australia's Santos said on Tuesday it will book non-cash impairments of up to $560 million after tax, joining a number of global energy majors forced to write down assets after a coronavirus-induced slump in oil prices.The country's second-largest…

Chevron CEO Sees Continued 'Choppy Economic and Price Activity'

Jul 20, 2020

The chief executive of U.S. oil giant Chevron Corp on Monday said the uncertainty of the COVID-19 pandemic has it planning for 'choppy' oil prices and economic activity globally.Chevron said on Monday it would buy oil and gas producer Noble Energy Inc for about $5 billion in stock…

Petrofac Implements Training Software for Valaris

Jul 20, 2020

Services firm Petrofac says it has implemented its SkillsVX learning and competency software for offshore drilling contractor Valaris, supporting its 7,000 employees globally to manage their learning and competency needs.The implementation involved…

Trelleborg Names Nilsson as New CFO

Jul 20, 2020

Fredrik Nilsson has been hired to take over as the new Chief Financial Officer of Sweden-based engineered polymer solutions company Trelleborg Group, replacing Ulf Berghult who is leaving the role to take a position outside the company.Berghult…

Worley Wraps Design Assessment for Saitec's Floating Wind Turbine Tech

Jul 20, 2020

Engineering services Worley has recently completed the accessibility design assessment for Saitec Offshore Technologies’ ‘DemoSATH’ floating wind turbine, which will be deployed off the Basque Coast in northern Spain.DemoSATH is a 2 MW turbine…

Zenith Applies for New 25-year License for Offshore Congo Field

Jul 20, 2020

London-listed Zenith Energy has applied for an extension of the Tilapia license term in the Republic of the Congo, which expired on July 18, 2020.Zenith's subsidiary in Congo, AAOG Congo continues to operate the Tilapia oilfield on an interim…

Chevron to Buy Noble Energy for $5 Billion

Jul 20, 2020

U.S. oil major Chevron has agreed to buy Noble Energy, in an all-stock transaction valued at $5 billion, or $10.38 per share. Based on Chevron’s closing price on July 17, 2020 and under the terms of the agreement, Noble Energy shareholders will receive 0…

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