Latest News - page 1352

 

Total Secures $14.9B Loan for Mozambique Gas Development

Jul 20, 2020

French oil major Total has signed a $14.9 billion senior debt financing agreement for its massive liquefied natural gas (LNG) project in Mozambique, the biggest project financing ever in Africa, it said on Friday.The project includes the development…

Shipments Resume from Pemex FPSO After Collision

Jul 19, 2020

An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted exports earlier this month, according to a person with knowledge of the matter and data from Refinitiv Eikon…

VOS Contracts Three Vessels with Total

Jul 17, 2020

Vroon Offshore Services (VOS) Aberdeen has secured contracts with Total E&P UK Ltd. for three emergency response and rescue vessels (ERRV) in the U.K. North Sea.The vessels VOS Enterprise, VOS Prospector, and VOS Vigilant will support Total’s North Sea operations in the Dunbar…

USA: Orsted-bound Windserve Odyssey CTV Hits the Water

Jul 17, 2020

WindServe Marine's offshore wind crew transfer vessel Windserve Odyssey, built by its sister company Senesco Marine, is embarking upon sea trials on the U.S. East Coast.The news of the vessel launch was shared Thursday by the world's largest offshore wind developer Orsted…

Next U.S. Gulf of Mexico Lease Sale Planned for November

Jul 17, 2020

As part of its 2017-2022 offshore oil and gas leasing program, the U.S. administration plans to hold a 'region-wide' Gulf of Mexico lease sale in November 2020. The lease sale was originally expected to be held in August but due to the oil and gas market downturn…

Dayang Charters Perdana AWB and Anchor Handler

Jul 17, 2020

Malaysia's Perdana Petroleum has won a contract with Dayang Enterprise for the charter of and accommodation work barge and an anchor handling tug.Perdana said on Friday the contract had been awarded to its subsidiary Perdana Nautika.The contract value is estimated at RM6…

Maersk Drilling Upgrades Maersk Valiant Drillship

Jul 17, 2020

Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship.While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling  (MPD) system was…

COVID-19 Hits Indonesia's 1H 2020 Oil and Gas Liftings

Jul 17, 2020

Indonesia's oil and gas lifting in the first half of this year was lower than targeted as the coronavirus pandemic continued to dampen demand, the chairman of regulator SKK Migas said Friday.Oil lifting in January to June stood at 713,300 barrels per day (bpd) while gas lifting stood at 5…

Norway's Oil Output in June Drops More than Expected

Jul 17, 2020

Norway's June crude oil output fell more than expected from May while natural gas production rose less than expected, the Norwegian Petroleum Directorate said on Friday.Crude oil output fell 12% to 1.54 million barrels per day (bpd) which was 4…

Polarcus Nadia on the Move after Long Layup

Jul 17, 2020

Polarcus' seismic vessel Polarcus Nadia is on the move, after more than five years in lay-up in the Netherlands, according to information released Friday by Dutch Marine Contractors.The Polarcus Nadia, delivered in 2010, was cold stacked by…

BP Cleared to Drill at Ironbark

Jul 17, 2020

Oil major BP has received regulatory approval for the planned drilling of the Ironbark prospect at the WA-359-P permit offshore Western Australia.BP is acting as the operator of the project - estimated to contain 15tcf of prospective recoverable…

Aker BP Names New Operations & Asset Development SVP

Jul 17, 2020

Norwegian oil company Aker BP has named Ine Dolve as SVP Operations & Asset Development. She will replace Kjetel Digre who has accepted the role of the new CEO of Aker Solutions.Dolve will be part of the Executive Management Team of Aker BP…

Former Pemex CEO Arrives in Mexico to Face Bribery Charges

Jul 17, 2020

A former boss of Mexican state oil company Petroleos Mexicanos arrived back in Mexico on Friday where he will face an initial court hearing to answer corruption charges that could engulf leaders of the last government.Emilio Lozoya, who was extradited back to Mexico from Spain overnight…

Twinza, PNG Gov't in Talks over Fiscal Terms for Offshore Field Development

Jul 17, 2020

Oil and gas company Twinza has started negotiations with the Papua New Guinea authorities regarding the fiscal terms that will apply to the proposed development of the Pasca A gas-condensate offshore field.The shallow water field in the Gulf of Papua was discovered in 1968 but was never developed…

Aker Solutions to Spin Off Offshore Wind, Carbon Capture Ahead of Kvaerner Merger

Jul 17, 2020

Norwegian offshore energy services provider Aker Solutions will spin off its wind development business and the carbon capture technology business in two separate firms, ahead of the proposed merger with engineering and construction firm Kvaerner…

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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