Offshore Drilling News

 

Offshore Helicopter Players Bristow, Era to Merge

Jan 24, 2020

Offshore helicopter specialists Bristow and Era have entered into a definitive merger agreement.In a joint statement on Friday, Bristow and Era said the combination in an all-stock transaction would create 'a financially stronger company with enhanced size and diversification.' According to the statement, the merged company will have a combined fleet of more than 300 of the 'industry’s most modern aircraft with the latest generation of technology and safety features'…

Pacific Radiance Eyeing New Loan Source

Jan 24, 2020

Singapore-based offshore vessel owner Pacific Radiance has started loan talks with „a global investment fund“ after its discussions with an investor stalled in December 2019.Pacific Radiance had in August 2019 said it was in talks with an unnamed financier over a $180 million loan which it would…

EDPR, Engie Team Up to Build Offshore Wind Giant

Jan 24, 2020

Wind energy companies EDP Renewables and Engie have signed a deal to form 50/50 joint-venture (JV) in fixed and floating offshore wind.EDPR and ENGIE will combine their offshore wind assets and project pipeline in this new entity, starting with a total of 1…

Ørsted to Brief Atlantic City Residents on NJ's First OWF

Jan 24, 2020

Danish offshore wind farm company Ørsted is set to host an open house in the first week of February to update Atlantic City residents on the progress of Ocean Wind, New Jersey's first offshore wind project.Ørsted was in June 2019 selected as…

Permanent Deals for Monadelphous' Ichthys Workers

Jan 24, 2020

Australian unions have negotiated permanent contracts for 70 percent of their members working for Monadelphous aboard Inpex facilities.'The Offshore Alliance and [Electrical Trades Union] negotiated Monadelphous INPEX facilities EBA [Enterprise…

New Crane Booms for Swire's Pacific Osprey

Jan 24, 2020

Offshore wind farm installation company Swire Blue Ocean has awarded Blue Water Shipping a contract to transport new crane boom for its Pacific Osprey jack-up unit.Blue Water Shipping will transport Pacific Osprey’s new crane boom from NOV’s manufacturing yard to Denmark aboard SAL’s M/V Wiebke…

Bumi Armada Loses Woodside FPSO Case

Jan 24, 2020

Malaysian FPSO specialist Bumi Armada's claim against Australia's oil firm Woodside for a 2016 FPSO contract termination has been dismissed in court.Woodside in 2016 terminated the contract for the Armada Claire FPSO unit that was operating at the Balnaves Field…

Semco to Prepare West Bollsta Rig for Norway

Jan 24, 2020

Offshore drilling company Seadrill has hired Semco Maritime to prepare the newbuild West Bollsta drilling rig for the Norwegian Continental Shelf.The recently delivered drilling unit, currently at anchor near Tenerife, is soon to set sail for Semco Maritime's yard at Hanøytangen outside Bergen…

Chrysaor Files Caister Platform Decommissioning Plan

Jan 24, 2020

North Sea oil and gas operator Chrysaor is has filed decommissioning plans for its Caister CM installation and rise sections attached to the platform. The platform, located in the Southern North Sea offshore the UK, was first put in production in 1993…

ION to Shoot 2D/3D Programs off Colombia

Jan 23, 2020

ION Geophysical Corporation, a provider of geoscience technology, services, and solutions for the oil and gas industry, has entered into a multi-client agreement with Colombia’s National Hydrocarbon Agency (ANH), granting rights to reprocess…

SAExploration Wins $42M of New Projects

Jan 23, 2020

Houston-based  global seismic services company SAExploration Holdings announced two new projects in offshore West Africa.  The projects are valued at approximately $42 million in the aggregate and are scheduled to occur primarily during the 2nd quarter of 2020 and last approximately 71 days…

Ørsted, US Unis to Study Whales in OWP

Jan 23, 2020

Danish developer Orsted U.S. Offshore Wind has signed a research partnership  with Rutgers University, the University of Rhode Island and Woods Hole Oceanographic Institution to support academic research activities related to offshore wind.The…

Poland Eyes 10GW Offshore Wind Capacity by 2027

Jan 23, 2020

Poland's ministry of state assets has published a draft of legislation to promote offshore wind power, aiming to award more than 10GW in the Baltic Sea by 2027.The country will  incentivise the construction of around 10 GW of offshore wind capacity…

German Offshore Wind Capacity Reaches 7.5GW

Jan 23, 2020

A total of 1,469 offshore wind turbines with a capacity of 7,516MW feed electricity into the German offshore wind industry grid as of now. 160 turbines with a capacity of 1,111MW were connected to the grid in 2019.According to a joint press…

Stork Worley JV Wins Neptune Energy Gig

Jan 23, 2020

Stork Worley Integrated Solutions, a joint venture of American multinational engineering and construction firm Fluor Corporation, has secured a four-year framework agreement for EPCIC (engineering, procurement, construction, installation & commissioning)…

Current News

Pacific Radiance Eyeing New Loan Source

Pacific Radiance Eyeing New Loan Source

PGNiG Open to Mergers with State-run Firms

PGNiG Open to Mergers with State-run Firms

GlobalData: Gas to Dominate 2020 O&G FIDs

GlobalData: Gas to Dominate 2020 O&G FIDs

EDPR, Engie Team Up to Build Offshore Wind Giant

EDPR, Engie Team Up to Build Offshore Wind Giant

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