Latest News - page 1695

 

Brazil OSV Update

Mar 21, 2019

The offshore support vessel (OSV) fleet in Brazilian waters closed January with 367 vessels, of which 328 were Brazilian flagged and 39 were foreign flagged. The quantity remained nearly stable in relation to December 2018, when 363 vessels…

SeaRoc On Board at Formosa 1 Offshore in Taiwan

Mar 21, 2019

The marine consultancy and contracting company SeaRoc has secured a contract to supply its marine management system SeaPlanner to support the construction of the Formosa 1 Phase 2 offshore wind project in Taiwan.The deal comes as part of SeaRoc’s…

British Firm Bags Kriegers Flak Contract

Mar 21, 2019

UK-based JDR Cables, part of the TFKable Group, has signed a contract with Vattenfall for Denmark’s largest offshore wind farm, the 605MW Kriegers Flak.JDR will manufacture more than 170 kilometres of aluminium core inter-array cables and a range of termination accessories…

GoM Lease Bids Hit $244mln

Mar 21, 2019

Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). According to Bureau of Ocean Energy Management data, that’s still way below the $405 million…

Global Energy Takes Over Apollo Offshore

Mar 21, 2019

Global Energy Group, the provider of contract services to the oil and gas industry, has bought a majority stake in Aberdeen-based Apollo Offshore Engineering, forming a new contractor firm.The new company will be named Global Engineering and Construction (E&C)…

Ekofisk Shut Down: North Sea Output to Drop

Mar 20, 2019

Oil production in the North Sea will drop by 330,000 barrels per day (bpd) month-on-month in June 2019 as Ekofisk closes for planned work, according to Rystad Energy’s latest forecast.“Production is expected to remain stable through April 2019…

NKT Names Kara CEO

Mar 20, 2019

Cable systems manufacturer NKT said its board of directors has appointed Alexander Kara as President and CEO. He will join NKT August 1, 2019.Kara joins NKT from ABB where was most recently Senior Vice President, HUB Business Unit Manager CSE…

Martin Linge Hooked Up to Shore Power

Mar 20, 2019

The Martin Linge platform in December 2018 was hooked up to receive shore power via the world’s longest high-voltage alternating-current (HVAC) sea cable measuring 162 kilometers from the onshore substation at Kollsnes north of Bergen to the platform…

4Subsea Acquires Astori

Mar 20, 2019

Engineering firm 4Subsea said it has acquired Astori, a Norwegian provider of subsea control systems for well intervention operations.Astori delivers subsea control systems for simplified XT installations that can operate all types of XTs from all main vendors…

UK Offshore Needs £200 Bln Investment -Report

Mar 20, 2019

Exploration and production companies in the UK offshore oil and gas sector will need to invest £200 billion in existing operations and new opportunities to sustain the next generation of productive life, according to a recent industry report…

Solstad Charters PSV Pair to Aker BP

Mar 20, 2019

Solstad Offshore announced Wednesday that Norwegian operator Aker BP has taken a pair of large platform supply vessels (PSV) on 12-month charter under a frame agreement announced earlier this month.The 2011-built Normand Arctic and 2013-built…

Sercel Launches DAS Seismic Solution

Mar 20, 2019

Seismic equipment and reservoir monitoring instrument manufacturer Sercel has launched its first distributed acoustic sensing (DAS) seismic solution.SigmaWave, designed in partnership with DAS specialist Fotech Solutions, integrates Fotech’s…

TechnipFMC Wins Johan Sverdrup 2 Contract

Mar 20, 2019

TechnipFMC said on Wednesday it has secured a contract from Norwegian operator Equinor for the delivery and installation of the subsea production system the at Johan Sverdrup Phase 2 development offshore Norway.The award covers the delivery…

US Lease Sale a Test for Drilling Demand

Mar 20, 2019

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico on Wednesday, in a fresh test of demand from drillers that have lately been shying away from the region.The outcome of the lease sale…

Maintenance Planned at Ekofisk in June

Mar 20, 2019

The Ekofisk oilfield in the North Sea will undergo planned maintenance in June, two industry sources said on Wednesday.The work, which will reduce supply of Ekofisk crude, will start on June 2, one of the sources said. Ekofisk is one of the…

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