Latest News - page 1474

 

Manor to Power Borssele 1&2 OWF

Jan 28, 2020

UK-based marine engineering specialist Manor Renewable Energy (MRE) has signed a contract with Ørsted for the Borssele 1 & 2 Offshore Wind Farm (OWF), under which MRE will provide temporary power provision during the turbine commissioning phase…

CaribX Ups Stake in Cape Licence Off Honduras

Jan 28, 2020

The Central American and Caribbean specialist exploration company CaribX said that it is increasing its share of the Main Cape Operating contract in Honduras.Following government approval CaribX will hold a 55% interest in the highly prospective licence area…

Senegal Offers Offshore Licensing Round

Jan 28, 2020

The national oil company of Senegal, Société des Pétroles du Sénégal (PETROSEN) officially launched the country’s First Offshore Licensing Round at the Mauritania-SeneGambia-Bissau-Conakry (MSGBC) Basin. The licensing round comprises 12 blocks on offer in the MSGBC basin…

Grupo R New Jack-up Rig Reaches Mexico

Jan 28, 2020

Mexican E&P company Grupo R has informed that its newbuild jack-up rig Cantarell III has arrived from Singapore to Mexico ahead of a new contract, which is set to start in March 2020.The Mexico’s energy services provider said in a press note that after a 45-day trip from Singapore…

VOS Sugar Supports Borssele OWP

Jan 28, 2020

Dutch shipping company Vroon said that its subsea-support vessel VOS Sugar has spent the winter months on charter to VLCV B.V. a joint venture between Van Leeuwen and C-Ventus.Since October 2019, VOS Sugar has acted as a floating base for the execution of VLCV’s work scope…

7 UK Companies Win Offshore Wind Funding

Jan 28, 2020

Offshore Wind Growth Partnership (OWGP) has awarded seven UK companies with a total of GPB 364,000 in grant funding through its first funding competition.Cedeco, Global Energy Group, Magnomatics and W3G Marine were successful in the call to…

Byron Set to Spud Gulf of Mexico Well After Rig Delay

Jan 28, 2020

Byron Energy is set to begin drilling at its SM71 F4 well in the Gulf of Mexico, following a recent delay caused by bad weather.Byron said Tuesday that the Enterprise Offshore Drilling 264 jack-up rig arrived on location to drill the SM71 F4 well from Byron's F Platform…

Oil to Gas: Nalcor’s Challenge

Jan 28, 2020

Leaders of a public oilfield investment entity in Newfoundland, Canada, are in a rush to secure more oil — and the province’s first gas production — as well as more investment from international oil companies, government documents suggest.With some decrying gas as the new oil…

Seven Ichthys Contracts for Halliburton

Jan 28, 2020

Japanese oil and gas firm Inpex has awarded seven contracts to oilfield services giant Halliburton. The contracts are related to services at Inpex's Ichthys development offshore Australia.Halliburton said Tuesday that the seven contracts are…

Egypt Inks Exploration Deals with Exxon

Jan 28, 2020

Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday. The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the acquisition of more than 1…

Oceanteam Names New CEO

Jan 28, 2020

The Netherlands-based offshore services company Oceanteam has appointed a Henk van den IJssel as Chief Executive Officer.Van den IJssel, who has most recently served as CCO at DeepOcean, will take over as Oceanteam CEO on February 1. Oceanteam…

Kuok in Compulsory Takeover of Remaining POSH Shares

Jan 28, 2020

Quetzal Capital, a Kuok Group company, has launched compulsory acquisition for the remaining shares of the Singapore-based offshore vessel operator PACC Offshore Services Holdings, also known as POSH. Quetzal had launched a cash takeover offer for POSH back in November 2019…

Ulstein Floats Out Offshore Wind Vessel

Jan 28, 2020

Norwegian shipbuilder Ulstein has floated out the hull of a wind farm support vessel it is building for Bernard Schulte.The service operation vessel (SOV), yard number 315 at Ulstein Verft, was floated out from the yard’s dock hall on Sunday afternoon…

Fugro Takes Part in Cambodia's First Oil Development

Jan 28, 2020

KrisEnergy has hired the Dutch offshore survey services provider Fugro to carry out a geotechnical survey at the Apsara oil field, offshore Cambodia.The Apsara field lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters in the Gulf of Thailand…

Bumi Armada Might Appeal Woodside FPSO Case Ruling

Jan 28, 2020

Malaysian FPSO supplier Bumi Armada might appeal a recent ruling by an Australia court in an FPSO contract termination case against the Australian oil company Woodside.Woodside in 2016 terminated the contract for the Armada Claire FPSO unit that was operating at the Balnaves Field…

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