Latest News - page 1530

 

Boskalis Wins Two Offshore Projects

Dec 17, 2019

Dutch engineering company Royal Boskalis Westminster  has been awarded two offshore contracts with a combined value of approximately EUR 85 million.For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine…

Shearwater Bags ONGC Contract

Dec 17, 2019

The marine geophysical services company Shearwater GeoServices has been awarded a combined 2D and 3D broadband marine seismic acquisition campaign by Oil and Natural Gas Corporation (ONGC) in Eastern Offshore, India.The contract is planned for execution in the first half of 2020…

Sovcomflot Postpones Vessel Redelivery

Dec 17, 2019

Russian shipping giant Sovcomflot (SCF) will not be returning the Vyacheslav Tikhonov seismic vessel to Polarcus as previously agreed.Polarcus Limited, the UAE-based offshore geophysical company operating a fleet of seismic research vessels worldwide…

OGS: UK Offshore Energy Integration Advancing

Dec 17, 2019

Increased integration between offshore wind and other marine renewables and offshore oil and gas production can help deliver the UK’s net zero target through technologies such as carbon capture and storage (CCS), said a study.According to a new report from the Oil and Gas Authority (OGA)…

A Blue/Green Energy Revolution

Dec 17, 2019

A seismic shift in the dialogue around big oil and climate has occurred in the past 12 months. It’s a change in how big oil is orientating itself around what many call the energy transition. Climate goals - governmental, international and industry…

Forum Upgrades Hyperbaric Test Site

Dec 17, 2019

Forum Energy Technologies has completed a three-month upgrade to its hyperbaric testing facility, which will result in an operational time saving to clients of more than 35%.Located at the company’s Kirkbymoorside base in North Yorkshire, UK…

Big Oil to Bid for Guyana Crude Cargoes

Dec 17, 2019

Large oil companies Exxon Mobil, Hess Corp, CNOOC, BP, Chevron, Total, and Eni are expected to present bids to buy the first three cargoes of Liza crude offered by Guyana's government, the South American country's director of energy said on Monday…

Petrofac Expecting Full-year Revenue Dip

Dec 17, 2019

Oilfield services provider Petrofac Ltd guided to a more than 5% fall in full-year revenue on Tuesday, with delays in bidding processes constricting order intake in its biggest segment during the second half.Petrofac, which designs, builds and operates oil and gas facilities…

Vår Aims to Recover 136 Mln BOE from Balder

Dec 17, 2019

Oil firm Vår Energi, majority owned by Italy's Eni, aims to recover 136 million barrels of oil equivalent (boe) from the Balder area off Norway, the company said on Tuesday, as it presented a redevelopment plan for the field.The 19.6 billion crown ($2…

Subsea 7 to Install Risers at Lingshui 17-2

Dec 17, 2019

Services firm Subsea 7 said it has been awarded a contract to install risers for CNOOC’s Lingshui 17-2 gas field development project in the South China Sea.The contract from Offshore Oil Engineering Co. (COOEC) — worth between $50 million and…

N-Sea Reports Sales Uptick

Dec 17, 2019

Subsea services firm N-Sea said increased sales in 2019 has led the Netherlands-based company to report a record year.The company said its commercial growth from bases in Aberdeen, the Netherlands and the Middle East has been spurred by the completion of more than 1…

Valhall Flank West Starts Production

Dec 17, 2019

Oil and gas company Aker BP announced on Tuesday it has produced first oil at its Valhall Flank West normally unmanned installation (NUI) in the Norwegian sector of the North Sea.The NOK 5.5 billion ($609.5 million) development aims to produce…

BP Contracts Maersk Rig for Trinidad Campaign

Dec 17, 2019

Maersk Drilling informs it has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.The contract has an estimated duration of 322 days and is expected to commence in July 2020…

In Norway, Salaries, Investment Move North

Dec 17, 2019

A slew of reports out of Norway over the past month point to rising oil industry salaries (and therefore costs) after two years that saw heavy investments offshore.For the 225,000 Norwegians who work in oil and gas, both hikes are good news…

James Fisher Wins EA1 O&M Gig

Dec 17, 2019

James Fisher Marine Services (JFMS), provider of marine engineering services, has been awarded scheduled maintenance contract on one of the leading offshore wind farms of the future.The specialist in services to the marine, oil and gas said that as per contract…

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

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine