Latest News - page 1544

 

Petrofac Wins HKZ Offshore Grid Project

Jul 01, 2019

TenneT, the Dutch-German transmission grid operator, has awarded the oilfield services provider Petrofac work on the Beta high voltage alternate current (HVAC) substation platform in the North Sea for the Hollandse Kust Zuid (HKZ) wind farm…

US Extends Offshore Wind Tax Credit

Jul 01, 2019

The American Wind Energy Association (AWEA) issued a statement in support of two bills introduced in the U.S. Senate this week, which would both extend the federal Investment Tax Credit (ITC) for offshore wind energy.The legislation comes at a critical time for offshore wind in America…

EMGS Wins BP Survey Off Senegal

Jul 01, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has been awarded a contract by UK oil and gas major BP for work off the coast of Senegal and Mauritania.EMGS said in a in Oslo Exchange filing that the contract is worth around $6 million…

Equinor Awards Brazil Gig to Prosafe

Jul 01, 2019

Norwegian multinational energy company Equinor said that its subsidiary Equinor Brasil Energia has awarded a contract to the offshore accommodation specialist Prosafe for the Safe Concordia.As per the contract, Safe Concordia, a dynamically…

Shearwater Kicks Off Survey for KrisEnergy

Jun 28, 2019

Independent upstream oil and gas company KrisEnergy announced the commencement of a 1,200-square-kilometer 3D seismic survey in the offshore Cambodia Block A concession, where the company is developing the Apsara oil field.Shearwater Geoservices'…

Siccar Point's Lyon Prospect Disappoints

Jun 28, 2019

UK focused Siccar Point said it has completed an exploration well 208/02-1 on the Lyon Prospect in Licence P1854 in the West of Shetland, but the results fell short of expectations.Operator Siccar Point, which holds 33.34% interest in the license alongside partner Ineos (66…

PTTEP Makes Large Gas Find off Malaysia

Jun 28, 2019

PTTEP announced it has made its largest gas discovery ever, at the Lang Lebah-1RDR2, the first exploration well in Sarawak SK410B Project located offshore Sarawak, Malaysia.Drilling of Lang Lebah-1RDR2 commenced in March targeting non-associated…

Sleipnir Passes Sea Trials

Jun 28, 2019

The world's largest crane vessel, Sleipnir, has completed sea trials and crane load tests, the vessel’s owner Heerema Marine Contractors announced on Friday.The new $1.5 billion semi-submersible crane vessel was built by Singapore's Sembcorp…

Norway Oil Workers Strike Averted

Jun 28, 2019

Norwegian labor unions and oil rig owners agreed a wage deal on Friday, averting the outbreak of a strike that would have halted some of the Nordic country's crude production and paralyzed exploration activity for new resources, unions and companies said…

Shell, Exxon Eye Somalia's Offshore

Jun 28, 2019

Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country's oil ministry said.Shell and Exxon Mobil had a joint venture on five offshore blocks in Somalia prior…

A Push for Better Offshore Water Treatment

Jun 28, 2019

Changing environmental regulations around the world will have an impact on how the offshore industry handles produced water.Typically, offshore operators treat their produced water so it can be discharged back into the ocean, although there…

Oceanteam Bags CSV Gig

Jun 28, 2019

Norway's Oceanteam Shipping said that its construction support vessel (CSV) Southern Ocean will support Fugro for a deepwater remotely operated vehicles (ROV) subsea installation project off the coast of Sabah, Malaysia.The offshore services…

Floating Wind: French, Japanese Firms Partner

Jun 28, 2019

French floating foundations developer Ideol and Japanese renewable specialist Shizen Energy have signed an agreement to jointly develop a commercial-scale floating offshore wind project (OWF) off the coasts of Kyushu in Japan.The agreement was signed in Tokyo today by Paul de la Guérivière…

W&T Buys Exxon's Eastern GoM Assets

Jun 27, 2019

W&T Offshore announced on Thursday that it has entered into a purchase and sale agreement with ExxonMobil to acquire their interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico, offshore Alabama…

CAN-ductor Reduces Environmental Impact

Jun 27, 2019

Neodrill's CAN-ductor technology is capable of reducing a well's environmental impact by as much as 44% compared to a conventionally drilled well, a recent report found.The CAN (Conductor Anchor Node) is a combination of suction anchor and guide pipe…

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