Latest News - page 1462

 

Shearwater in Its First OBS ROV Survey in Gulf of Mexico

Mar 09, 2020

Shearwater GeoServices has won a major Ocean Bottom Seismic deepwater ROV project by TGS and partner in the Gulf of Mexico, USA. This will be Shearwater's first OBS ROV (Remotely Operated Vehicle) survey. Irene Waage Basili, the CEO of Shearwater…

TGS, Schlumberger Team Up in GoM Survey

Mar 09, 2020

Seismic firm TGS, in partnership with oilfield services giant Schlumberger, has announced the second phase of its ultra-long offset node project in the U.S. Gulf of Mexico.The phase will extend the footprint of ultra-long offset data to the…

Oil Takes Biggest Daily Dive in over a Decade as Russia, OPEC Split

Mar 09, 2020

Brent slid to its biggest daily loss in more than 11 years on Friday after Russia balked at OPEC's proposed steep production cuts to stabilize prices hit by the economic fallout from the coronavirus, and OPEC responded by removing limits on its own production…

DEME Installs Piles at Moray East

Mar 08, 2020

Belgium-based DEME Offshore has installed all 37,000 tonnes of foundation pin piles at the site of the 950-MW Moray East offshore wind project off the north east coast of Scotland.'Having designed the piles to contend with a complex and varied seabed geology…

ZTT Joins China's Offshore Wind Super Project

Mar 08, 2020

China-based Jiangsu Zhongtian Technology Co (ZTT) is set to deploy its fleet of installation vessels on the Jiangsu Rudong H6 offshore wind farm in China.The Jiangsu Rudong 800MW project, marked asone of the Super Projects with the largest capacity and investment in these projects…

Diverse Marine Wins CTV Gig from Turner Iceni

Mar 08, 2020

Refit and repair provider Diverse Marine Ltd has signed a modification and upcycling contract with an offshore wind crew transfer vessel (CTV) service provider Turner Iceni Ltd. for the modification and upcycling of ‘Iceni Courage’ following a competitive tender process…

Equinor Cleared to Use Odfjell Rig at Tordis and Vigdis Fields

Mar 06, 2020

Equinor has received regulatory approval to use the Deepsea Atlantic offshore drilling unit for operations at Tordis and Vigdis fields in the North Sea, offshore Norway.The Petroleum Safety Authority said Friday that the drilling and completion operations…

Magnora Invests Oil Money into Wind Company

Mar 06, 2020

Magnora, an Oslo-listed company, formed after oil rig designer Sevan Marine sold its business to Sembcorp, has announced an investment into a wind project development.The news comes less than a month after Magnora initially voiced its intention…

270 Offshore Rigs Were Active in February Worldwide

Mar 06, 2020

There were 270 offshore drilling rigs in the world actively drilling for oil and gas in February 2020, a slight increase compared to January 2020 (at 268), but also a slight dip versus February 2019 (at 272). This is according to Baker Hughes' February rig counts…

Oil Dives after Russia Rejects Deeper OPEC+ Cut

Mar 06, 2020

Oil prices slid more than 4% on Friday after Reuters reported that Russia will not agree to steeper oil output cuts by OPEC and its allies to support prices. Brent and WTI crude futures tumbled by nearly $3 a barrel, or more than 5%, after the report…

Gjøa Platform Flights Set to Resume after Worker Tests Negative on Coronavirus

Mar 06, 2020

The article originally titled 'Neptune Stops Gjøa Platform Flights on Coronavirus Suspicion' has been updated to include a statement by Neptune Energy, and to reflect the fact that the Neptune employee has tested negative on Coronavirus.Neptune…

UBS Cuts Funding for New Arctic Offshore Oil Projects

Mar 06, 2020

Swiss bank UBS won't fund new offshore oil and gas projects in the Arctic, and will 'enhance due diligence' on some deepwater drilling projects.In a statement on Thursday, UBS said it had, in 2019, reduced carbon-related assets on its balance sheet to USD 1…

Ørsted Partners with Montclair State University

Mar 06, 2020

Ørsted U.S. Offshore Wind, a U.S. subsidiary of the Danish wind power giant Ørsted, has signed an agreement with New Jersey's Montclair State University to support clean energy research and educational outreach activitiesUnder the agreement…

TGS Plans 3D Seismic Survey in Carnarvon Basin off Australia

Mar 06, 2020

Norwegian offshore seismic data acquisition and processing company TGS is planning to carry out a seismic survey in the Carnarvon Basin, off Australia, and the Australian offshore safety regulator NOPSEMA has opened the TGS for public comment…

Worley Lands Chirag Platform Work Off Azerbaijan

Mar 06, 2020

BP-operated Azerbaijan International Operating Co. (AIOC) has awarded Worley a contract for engineering, procurement and construction services as part of a gas lift project. Under the contract, ASX-listed oilfield services firm Worley will provide engineering…

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