%22Changhua 1 %26 2A%22 News

Perdana Petroleum Nets Three AHTS Charters with Petronas Carigali

Mar 08, 2022

Malaysian offshore services company Perdana Petroleum has secured contracts for three Anchor Handling Tug and Supply vessels with Petronas Carigali.Perdana Nautika will provide the three AHTS vessels with crews and equipment to perform 24-hour services for assisting and/or servicing drilling rigs…

Heerema, DeepOcean Win North Sea Decommissioning Deals with Spirit Energy

Mar 10, 2022

Heerema Marine Contractors and DeepOcean have contracts with oil and gas firm Spirit Energy in the UK for removal and disposal services of the operator’s North Sea decommissioning portfolio. Heerema said it would cooperate with DeepOcean, the subsea asset removal contractor…

Bridge Petroleum Taps Fraser for Bardolino Field Services

Mar 09, 2022

Bridge Petroleum has awarded Fraser Well Management (FWM) and Fraser Integrity Management (FIM) a contract to supply well and pipeline operator services for its Bardolino field in the UK North Sea.Bridge Petroleum has recently increased its…

Coastal Contracts Sells Three Vessels for $26.2M

Mar 04, 2022

Bursa Malaysia-listed marine oilfield services provider Coastal Contracts has agreed to sell three of its vessels for RM109.7 million (around $26.2 million).The company, based in Sabah, Malaysia, said earlier this week that its subsidiaries…

How Dependent is Germany on Russian Gas?

Mar 08, 2022

Russia has warned it may shut off its main Nord Stream gas pipeline to Germany after Berlin halted approval of a second line across the Baltic Sea in response to Russia's invasion of Ukraine.  The comment, from Russian deputy prime minister Alexander Novak…

Brazil Gov't Appoints Rodolfo Landim to Chair Petrobras Board

Mar 07, 2022

Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night.Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters…

UK Offshore Flaring Volumes Drop to Lowest on Record, Regulator Says

Mar 04, 2022

UK North Sea production platforms reduced their flaring by 6 billion cubic feet (bcf), to 26 bcf, a reduction equivalent to the annual gas demand of 130,000 UK homes, the UK Oil and Gas Authority said Friday.A city with 130,000 homes would be similar in size to Aberdeen…

Six Developers Emerge as Winners in Historic $4.4B NY Bight Offshore Wind Lease Sale

Feb 26, 2022

The Bureau of Ocean Energy Management's (BOEM) New York Bight auction concluded February 26, 2022, a sale where six bidders committed to payments of close to $4.4B in total for the right to develop wind lease areas offshore New York and New Jersey…

Seadrill Emerges from Chapter 11 Bankruptcy

Feb 23, 2022

Offshore drillship contractor Seadrill on Wednesday announced its emergence from Chapter 11 bankruptcy after successfully completing its reorganization.The Plan was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on October 26…

Mainprize Offshore Orders Another Wind Farm Service Vessel from Manor Marine

Feb 23, 2022

UK-based Manor Marine UK Ltd has secured a contract with Mainprize Offshore to build a second offshore wind farm service vessel, following the win of the building contract for the MO8 in 2021. The second vessel to be built at the site in Portland…

U.S. to Hold Its Biggest Ever Offshore Wind Auction

Feb 23, 2022

The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey.It will be the first offshore wind lease sale under the administration of President Joe Biden…

Saipem to Cut Costs, Scale Back Green Push, Focus on Traditional Offshore Oil Business

Feb 24, 2022

Troubled energy contractor Saipem will cut costs, sell assets, and scale back green ambitions to focus more on its core oil and gas business after plunging deep into the red last year.The Italian group stunned investors in January when it downgraded…

UK Regulator Greenlights TAQA's Cormorant Alpha Platform Topsides Removal Plan

Feb 23, 2022

The UK regulators have approved decommissioning plans submitted by TAQA Bratani for the removal of the Cormorant Alpha platform topsides in the North Sea.TAQA last year filed plans for the decommissioning of the topsides of the Cormorant Alpha platform…

Nora Ventu Launches Consultations for Planned Floating Wind Farms Off Sardinia, Italy

Feb 23, 2022

Nora Ventu, a firm formed by Falck Renewables and BlueFloat Energy to develop floating offshore wind farms off the Sardinian coast, has now launched a consultation to provide local communities with more information on two projects to be developed in the Gulf of Cagliari…

U.S. Offshore Wind Lease Sale Bids Top $1.5B, with More to Come

Feb 24, 2022

The largest-ever U.S. sale of offshore wind development rights - for areas off the coasts of New York and New Jersey - attracted a record $1.5 billion in bids on Wednesday, supporting President Joe Biden's plan to create a new domestic industry…

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