Latest News - page 1388

 

KCA Deutag Appoints New President of Offshore Branch

Jun 04, 2020

Drilling and engineering company KCA Deutag has named Ole Maier its new President of Offshore Business Unit.Maier, who has most recently served as Executive Vice President for Odfjell Drilling's Platform Drilling Operations, has succeeded KCA Deutag's Rune Lorentzen who will be retiring…

U.S. Offshore Drillers Brace for Hurricane Season amid Pandemic

Jun 04, 2020

As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this year because of COVID-19…

Norway Oil Companies Slash Investment Plans

Jun 04, 2020

Norwegian oil and gas investment, a key economic driver, is expected to decline sharply in 2021 after rising less than previously anticipated this year, an industry survey by the national statistics agency (SSB) showed on Thursday.The biggest…

Allseas Debuts in China

Jun 04, 2020

Offshore installation firm Allseas has started pipelaying operations at the Lingshui 17-2 gas field in the South China Sea using two of its vessels Audacia and Calamity Jane. It is interesting to note that, while the company has over the years conducted work around the globe…

Pacific Osprey's Extended Crane Boom Operational

Jun 04, 2020

Offshore wind farm installation firm Swire Blue Ocean (SBO) has said that its Pacific Osprey jack-up is officially returning to operations with an extended crane boom designed to install the latest generation of wind turbines. 'With this upgrade…

Mozambique Expects Exxon Rovuma FID in 2021

Jun 04, 2020

Mozambique's National Petroleum Institute expects Exxon Mobil's final investment decision on a $30 billion gas project in the north of the country in 2021, it said on Wednesday, though the U.S. company dismissed this as speculation.'The final…

Gazprom, RusGazDobycha Reach Semakovskoye Gas Field FID

Jun 04, 2020

Russian oil and gas companies Gazprom and RusGazDobycha have reached a final investment decision for the development of the Semakovskoye gas field in the Taz Bay in Yamal-Nenets Autonomous Area.The field, which is located in the waters of Taz Bay and partly on land in the Taz Peninsula…

Waterjets Refit for Five Offshore Wind Vessels

Jun 03, 2020

Waterjet propulsion specialist HamiltonJet said it is currently working with Norway-based Offshore Windservice AS to convert five vessels from controllable pitch propeller (CPP) to waterjet propulsion and advanced control technology.At project completion…

ThayerMahan, Geo SubSea Partner for Seabed Surveys

Jun 03, 2020

Groton, Conn.-based autonomous maritime security solutions company ThayerMahan, Inc. announced it has executed a cooperative partnering agreement with marine geophysical surveying, data analysis and reporting firm Geo SubSea, LLC.ThayerMahan CEO Mike Connor stated…

Oil Producers Evacuating GoM Workers Ahead of Storm

Jun 03, 2020

BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian…

Petrofac to Build Substations for Seagreen Offshore Wind Farm

Jun 03, 2020

Petrofac has won a firm contract to design, build and install the High Voltage Alternating Current (HVAC) onshore and offshore substations for the $3,8 billion Seagreen offshore wind farm project in Scotland.The news comes hours after it was…

French Oil Major Total Buys 51% in Giant Offshore Wind Project in Scotland

Jun 03, 2020

French oil and gas major Total will buy a 51% stake in SSE Renewables' giant Seagreen 1 offshore wind farm project for an upfront payment at closing of 70 million pounds and earn-outs up to 60 million pounds in aggregate subject to performance conditions…

Subsea 7 Secures 'Major' $750M-plus Offshore Wind EPCI Deal

Jun 03, 2020

Offshore installation firm Subsea 7 has clinched a major contract with SSE Renewables for the engineering, procurement, construction and installation (EPCI) of the foundations and inter-array cables for the Seagreen Offshore Wind Farm project…

SapuraEnergy Nets $179,6M in New Deals Across SE Asia

Jun 03, 2020

Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…

Iberdrola to Splash $4.5B on Renewables in France

Jun 03, 2020

Spanish utility Iberdrola said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable energy.Iberdrola said it is already investing 2.4 billion euros in the Saint-Brieuc offshore…

Current News

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Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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