Latest News - page 1710

 

Enquest N. Sea Contract Goes to KCA Deutag

Feb 25, 2019

Global drilling and engineering contractor KCA Deutag has announced that its offshore business unit has been awarded a new drilling contract by Enquest Heather Limited for three platforms in the UK North Sea.The UK-based drilling contractor…

Lundin's Barents Sea Well Comes Up Dry

Feb 25, 2019

Lundin Norway AS, the wholly owned subsidiary of European oil and gas exploration and production company Lundin Petroleum, has completed the drilling of exploration well 7121/1-2 S, targeting the Pointer and Setter prospects in PL767 in the southern Barents Sea…

Shearwater GeoServices Bags Equinor Contract

Feb 25, 2019

Norwegian offshore survey specialist Shearwater GeoServices has been awarded three 4D seismic surveys by Equinor to be conducted this summer.The Geoservices company said in a press release that the projects confirm Shearwater’s Isometrix crews will be active in 2019…

Seacat Renews SMC Deal

Feb 25, 2019

Offshore energy support vessel operator Seacat Services has extended the vessel inspection agreement with Specialist Marine Consultants (SMC), the health and safety advisory to the marine and energy industry.The agreement marks the second year…

Petrobras P-58 Spill Under Investigation

Feb 25, 2019

Brazil's oil regulator said on Monday that is has started an investigation into an oil spill at an offshore platform owned by Petroleo Brasileiro SA.On Saturday, about 188 cubic meters of oil leaked from the offshore P-58 platform, which is located in the Campos basin…

HHC Takes Two from Damen

Feb 25, 2019

Hung Hua Construction (HHC) of Taiwan placed an order for two of Damen’s latest fast crew supply vessel; the FCS 2710. The contract was signed at the end of January and the vessels will be built at Damen Shipyards Singapore for delivery in early 2020…

Fugro Sees Margin Improvement in 2019

Feb 25, 2019

Dutch deep-sea prospector Fugro reported on Monday a 19.2 percent rise in full-year 2018 revenue to 1.65 billion euros ($1.87 billion), helped by growth across all divisions.The company met its 2018 revenue and EBIT (earnings before interest and tax) margin targets…

France to Test Floating Wind Turbines

Feb 25, 2019

The European Commission said on Monday it had authorized French subsidies to four offshore wind farm projects which are aimed at testing a new way of producing electricity from wind.The EU competition regulator said in a statement that the state…

Maersk Drilling Mulls Listing in Recovering Market

Feb 25, 2019

Drilling rig contractor Maersk Drilling, which will soon list on the Copenhagen stock exchange, said the offshore drilling market is improving as oil firms generate more cash and look to boost reserves.A fall in oil prices in 2014 prompted a…

DOF Bags Three ROV Contracts in Brazil

Feb 25, 2019

Norwegian supply shipping company DOF Subsea has been awarded contracts for three remotely operated (ROV) Support Vessels (RSV) with Petroleo Brasileiro S.A. (Petrobras).All contracts have a firm duration of three years and can be extended for another two years…

Woodside Selects MODEC for SNE Field

Feb 25, 2019

Australian petroleum exploration and production company Woodside Energy  has awarded MODEC International the front-end engineering design (FEED) contract for the SNE Field Development Phase 1 floating production storage and offloading (FPSO) facility…

Wind Provides 14% of European Electricity

Feb 25, 2019

Wind energy provided 14% of the European Union’s electricity last year, according to figures published by the region’s wind energy trade body, WindEurope, with 11.7 gigawatts (GW) of new capacity added, including 2.65 GW of offshore wind. Continued…

Aker to Build Nova Digital Twin

Feb 25, 2019

Norwegian engineering company Aker Solutions has been appointed by Wintershall to build a complete digital replica of Nova production system in the Norwegian North Sea for data-driven engineering, production and maintenance decisions.Through two separate agreements…

Acta Centaurus Nears Completion

Feb 25, 2019

Netherlands-based Acta Marine announced that its next offshore wind farm installation vessel will be ready in next two months.'‘Acta Centaurus will be completed and ready for construction support vessel (CSV)/service operation vessel (SOV) operation in a little more than two months…

Oil and Gas Projects to Triple in 2019

Feb 24, 2019

A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.The collective…

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