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OCIMF Extends Remote Inspection Option for Offshore Vessels

Sep 02, 2020

From today, the Oil Companies International Marine Forum (OCIMF) is including a remote vessel inspection option as a temporary tool within its Offshore Vessel Inspection Database (OVID), the inspection protocol for offshore vessels. The option…

Equinor Taps into DUG's Tech for Seismic Processing

Sep 01, 2020

Norwegian energy giant Equinor has signed a multi-year deal with supercomputer group DUG Technology, covering seismic processing and imaging technology.Under the agreement, DUG says, Equinor will replace existing third-party technology with an integrated solution using DUG McCloud…

Stena Spey Semi-Sub Selected for Kinsale Field Decommissioning Gig

Sep 01, 2020

Ireland's PSE Kinsale Energy has hired Stena Drilling's Stena Spey semi-submersible drilling rig for a decommissioning campaign at the Kinsale field offshore Ireland.To remind, Kinsale area offshore gas fields in the Celtic Sea officially ceased production last month after more than 40 years online…

Enbridge Restores Gulf of Mexico Pipelines After Hurricane Shutdown

Sep 02, 2020

Two natural gas pipelines that connect offshore U.S. Gulf of Mexico production platforms resumed operation on Tuesday, Enbridge Inc said, after hurricane-related shutdowns last week.Energy companies continued to restart offshore operations after…

Storm Knocks Out U.S. Gulf of Mexico Gas Pipeline

Aug 31, 2020

An offshore natural gas pipeline that serves four major U.S. Gulf of Mexico production platforms remained out of commission on Monday, pipeline operator Enbridge Inc said, following Hurricane Laura's destructive path through the area.Energy…

Augean Buys Drilling Waste Management Firm EcoCentre

Aug 24, 2020

North Sea-focused provider of waste and decommissioning services Augean North Sea Services (ANSS) said Monday it had acquired the EcoCentre at Peterhead, Aberdeenshire.ANSS assists the treatment, recycling and re-use of waste material derived…

Storms Marco and Laura Shut 82% of Gulf of Mexico Oil Production

Aug 25, 2020

U.S. Gulf of Mexico oil companies shut around 82 percent of oil production on Monday and evacuated personnel bracing for the impact of two tropical storms Marco and Laura.From operator reports, the U.S. Bureau of Safety and Environmental Enforcement said Monday that approximately 82…

FAR OK with Cairn's Sangomar Stake Sale. Won't Trigger Buy Option

Aug 27, 2020

FAR, an Australian oil and gas company with a share in the $4.2 billion Sangomar oil and gas field in Senegal, will not stand in the way to its partner Cairn divesting its stake in the project.Namely, Cairn last month agreed to sell its 40% ownership in the Woodside-operated Rufisque…

Kim Heng Shows Us How It’s Done...Again

Aug 24, 2020

Building a versatile OSV fleet is expensive, even more expensive when your timing is wrong. Buy at the top and you can quickly find yourself exposed if the market suddenly turns, those shiny new assets depreciate rapidly, and large debts, that the (new) poor market cannot service…

Principle Power Joins DeepWind Cluster

Aug 31, 2020

Principle Power, the developer of WindFloat - a floating wind turbine foundation - will join the DeepWind, a Scottish supply chain cluster, described as the largest offshore wind representative body in Scotland with over 400 members.According to the DeepWind cluster's website info…

Opinion: Turkey-Greece Conflict in Mediterranean Might Not be About Gas (Only)

Aug 21, 2020

The worsening stand-off in the eastern Mediterranean, frequently described as a gas conflict, has been gaining momentum. It may seem a strange time to be fighting over gas when prices remain in a slump due to weak demand and investors withdrawing…

Major Energy Companies Jostling for Ground in the Montney, but Small Cap Calima Energy Stands Alone

Aug 31, 2020

Major Energy Companies Jostling for Ground in the Montney, but Small Cap Calima Energy Stands Alone Calima Energy Limited’s (ASX: CE1) share price has more than doubled in the last month. However, based on developments within the group, merger and acquisition activity adjacent to its assets…

Dutch Shipyard Wins Contract to Build New Vessel Type, "Monomaran Crewtender"

Aug 28, 2020

Coastwise Offshore Services and Next Generation Shipyards signed a contract for the building of a new type of vessel, an aluminum vessel for the offshore wind-industry, with an option for three additional vessels. The signing took place at Next Generation Shipyards on Lauwersoog…

Med Exploration Dispute Draw EU Sanctions for Turkey

Aug 28, 2020

The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on Sept. 24 in response to the eastern Mediterranean dispute with Greece, the EU's top diplomat said on Friday.The measures, meant to…

Exxon Presses for Guyana Approval of Third Offshore Project

Aug 27, 2020

Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.Exxon, which operates…

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