Latest News - page 1443

 

Fred. Olsen to Install TWB II Turbines

Feb 25, 2020

Offshore wind farm vessels provider Fred. Olsen Windcarrier announced that its jack-up vessel Blue Tern has been contracted to finish installing the remaining 11 Senvion 6.2M152 turbines on the Trianel Windpark Borkum II (TWB II).“We are looking…

Orsted Inks Taichung Lease for OWF

Feb 25, 2020

Orsted Taiwan Ltd announced that it has signed a 20-year wharf lease with Taiwan International Ports Corp (TIPC) for the development of its offshore wind farms (OWF) off Changhua County.The global offshore wind leader announced the signing of…

LQ Installed at Qatargas' North Field Bravo

Feb 25, 2020

The 4,000-metric-ton jacket and topside has been installed for Qatargas' North Field Bravo Living Quarters Expansion project, Heerema Marine Contractors announced on Tuesday.Heerema said the installation was completed by its vessel Aegir, which…

Global Offshore Charters Normand Clipper

Feb 25, 2020

Global Offshore, a provider of cable installation, repair and trenching services to the offshore renewables, utilities and oil and gas markets and part of the Global Marine Group, is adding offshore installation and construction vessel Normand Clipper to its fleet…

UTEC Wraps Survey Work for McDermott

Feb 25, 2020

On 25 February, UTEC, a global surveying company in the Acteon subsea services group, completed consecutive as-built and post-construction, anchor-debris-clearance surveys using remotely operated vehicles (ROV) for McDermott International.UTEC…

Dyna-Mac Bags FPSO Topside Work

Feb 25, 2020

Singapore-based oil and gas fabrication company Dyna-Mac has secured an in-principle from undisclosed clients to build FPSO topside modules.Dyna-Mac said Tuesday the fabrication contracts (in-principle) were awarded from both its repeat customer…

McDermott Breaks Ground on Fabrication Facility in Saudi Arabia

Feb 25, 2020

Offshore oil and gas engineering and construction company McDermott has broken ground on the new fabrication facility in Saudi Arabia in which it will build offshore and onshore oil and gas platforms and modules.The company is building the fabrication…

Schlumberger to Create 200 Jobs in New Saudi Facility

Feb 25, 2020

Oilfield services giant Schlumberger has announced the opening of a manufacturing center in King Salman Energy Park (SPARK) in Saudi Arabia.The company said that center will manufacture well completions technologies including liner hangers and…

Eight Candidates Vye for Top Job at Norway's Oil Fund

Feb 25, 2020

Eight candidates are seeking to become the next head of Norway's sovereign wealth fund, in charge of managing a global portfolio of stocks, bonds and real estate worth $1.1 trillion, the Norwegian central bank said on Tuesday.The all-male list of candidates…

OPEC+ to Take 'Responsible Approach to Coronavirus'

Feb 25, 2020

Saudi Arabia's energy minister said on Tuesday he was confident that OPEC and its partner oil-producing nations, the so-called OPEC+ group, would respond responsibly to the spread of the coronavirus. He also said Saudi Arabia and Russia would continue to engage regarding oil policy…

Fugro Wraps Hollandse Kust Zuid Wind Farm UXO Survey

Feb 25, 2020

Dutch geotechnical survey company Fugro has completed unexploded ordnance (UXO) risk mitigation project for TenneT, on a cable route survey as part of the construction of the Hollandse Kust Zuid offshore wind farm.Over the course of the 13-month project…

Wintershall Dea, Capricorn Get Approvals for Norwegian Wildcats

Feb 25, 2020

Norwegian offshore safety regulator PSA Norway on Monday gave its approvals for offshore exploration drilling plans by Wintershall Dea Norge and Capricorn Norge. Wintershall Dea Norge, a Norwegian subsidiary of the German company Wintershall Dea…

Kosmos Energy Sets Carbon-Neutrality Target

Feb 25, 2020

Oil and gas producer Kosmos Energy, which plans to produce at least 62,000 barrels of oil equivalent per day this year, aims to make its operations carbon-neutral by 2030, it said on Monday.To achieve its target, Kosmos plans to increase the weighting of gas in its portfolio…

Petrofac Sees Fall in Revenue After Probe Hit 2019

Feb 25, 2020

Oilfield services provider Petrofac reported a 16.7% drop in core profit for 2019 on Tuesday and reiterated forecasts of a decline in revenue this year as it recovers from a hit to orders in Saudi Arabia and Iraq last year.Petrofac officials…

Azinam, Panoro Farm Into Africa Energy's S. Africa Offshore Block

Feb 25, 2020

Seacrest-capital backed Azinam and Oslo-listed Panoro Energy have agreed to farm into Africa Energy's Block 2B offshore South Africa, which contains the A-J1 oil discovery.Azinam will take a 50% stake and become the operator of the block, while Panoro will acquire a 12% percent share…

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