Latest News - page 1609

 

OKEA Sharing PSV with Neptune

Aug 29, 2019

OKEA announced it has won a tender from fellow oil producer Neptune Energy for supply to drilling operations on the Fenja field (formerly Pil & Bue) at Haltenbanken, offshore Norway.The 89-meter platform supply vessel (PSV) Siem Pride will supply…

Carbon Trust Launches ORJIP Offshore Wind

Aug 29, 2019

The Carbon Trust has announced the launch of Stage 2 of the Offshore Renewable Joint Industry Project (ORJIP) for Offshore Wind.The program aims to reduce consenting risk, project maturation time, cost and the environmental impact of existing and future offshore wind farms…

Weatherford Signs Liner-Hanger Frame Deal with Equinor

Aug 29, 2019

The multinational oil and natural gas service company Weatherford International announced it has signed an $80 million liner-hanger frame agreement with Norwegian oil and gas company Equinor.The four-year deal represents the largest liner-hanger frame agreement ever signed by Weatherford…

Crown Estate Boosts UK Offshore Wind Capacity by 2.85 GW

Aug 29, 2019

UK's offshore wind farms are about to get bigger after the Crown Estate decided that seven sites could comfortably expand their operations without posing any threat to the environment.According to an official statement the Crown Estate has given…

Vaalco to Begin Gabon Drilling in Sept

Aug 29, 2019

The hydrocarbon exploration company Vaalco Energy is set to begin a drilling program off Gabon following a successful full-field maintenance shutdown at the Etame Marin licence.The Houston-based energy company provided an operational update…

PG to Deliver Cargo Systems for MPSV Newbuilds

Aug 28, 2019

Norwegian-based PG Flow Solutions said on Wednesday it has secured orders to supply large liquid-cargo systems and associated equipment for two multipurpose support vessels (MPSV) being constructed in China for an undisclosed shipowner.Under the contract with Fujian Mawei Shipbuilding…

Borr Drilling Inks Deal with RigNet

Aug 28, 2019

Networking solutions provider RigNet announced on Wednesday that it has signed a multi-year agreement with Borr Drilling to exclusively provide enhanced managed communication services on any band (C, Ku or Ka) on all of the offshore drilling…

N-Sea Invests in Data Management

Aug 28, 2019

Survey and inspection, maintenance and repair (IMR) subsea solutions provider N-Sea announced an investment in its data management capabilities by acquiring a new storage system valued in excess of €1.8 million ($2 million).Based on the latest technology…

Maintenance to Cut Troll Field Gas Output

Aug 28, 2019

Norway's Troll gas field, the country's largest gas export source to Britain and continental Europe, will see its output availability cut by 1.8 billion cubic meters (bcm) in 2020, early maintenance estimates showed on Wednesday.The estimates…

Bribery Probe Slows Petrofac Sales

Aug 28, 2019

Petrofac Ltd on Wednesday reported a fall in first-half order intake and forecast lower 2020 revenue, citing uncertainty relating to an investigation into the oilfield services company's dealings in Saudi Arabia and Iraq.Petrofac, which designs…

Wintershall Dea Deputy CEO Steps Down

Aug 28, 2019

Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company at year end to pursue other opportunities, the independent oil and gas company announced on Wednesday.Until on December 31, 2019, Hanssen will continue in her…

Boost Production with a Well-designed Fluids Portfolio

Aug 28, 2019

The success of a drilling operation hinges upon finding the right solutions for a specific site. As fluids have different base liquids, chemical additives and diverse physical characteristics, they can behave differently in varying environments…

Blue Logic: Entering a New Era

Aug 28, 2019

Blue Logic, based near Stavanger in Norway, is not the only firm producing inductive subsea connectors (WiSub, near Bergen is doing similar), but Blue Logic has been heavily involved in building a key piece of the infrastructure that will enable…

Bourbon Oceanteam 101 Charter Extended

Aug 28, 2019

Oceanteam and Bourbon charter contract for the construction support vessel (CSV) Bourbon Oceanteam 101 (CSV BO 101) has been extended for operations in Angola.The CSV BO 101 is jointly owned by Bourbon and Oceanteam.The current charter agreement…

$84Mln New Contract Awards for Valaris

Aug 28, 2019

Offshore drilling contractor Valaris has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million.The largest offshore drilling and well drilling company in the world, formerly known as EnscoRowan…

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