Press News

 

Azerbaijan Pressing Ahead with Gas Pipeline Extension, Despite War

Nov 06, 2020

Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…

Huisman to Deliver Giant Skyhook Crane to Norway

Oct 21, 2020

Dutch crane specialist Huisman has signed a letter of intent with Norway-based Wergeland and PSW for the delivery of its Skyhook quayside crane at the Gulen Industrial Harbour, Norway.The crane - dubbed the largest Slewing Jib Quayside Crane…

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…

Suriname's Staatsolie Eyes Stake in Apache's Prolific Offshore Block

Aug 03, 2020

Suriname's state-owned oil company Staatsolie is considering farming into an offshore oil block where Apache Corp and France's Total SA have announced a third major discovery, an executive said on Sunday.Staatsolie has the right to a stake of up to 20% in the 1…

Lukoil Pressing Ahead with Caspian Sea Works. Valery Grayfer Field LQ Jacket Launched

Apr 10, 2020

The Russian oil company Lukoil is pressing ahead with the development of the Valery Grayfer field in the Caspian Sea. The company on Friday said it had launched the jacket of the living quarters platform from the yard to the Caspian Sea.The…

ProCon Bags More Yunlin Work

Feb 09, 2020

ProCon Wind Energy, the provider electrical systems to the offshore wind industry, has secured further work on the electrical construction of the Yunlin offshore wind project in Taiwan.The Denmark's offshore wind business player was awarded…

First foundation Installed at Triton Knoll

Jan 22, 2020

Triton Knoll, a offshore windfarm which is being constructed 33km away from the coast of Lincolnshire in the North Sea, confirmed that the first of its 90 wind turbine monopile foundations has been safely and successfully installed, 32km off the Lincolnshire coast…

Edison Spuds Egypt Offshore Well

Jan 22, 2020

Oil and gas exploration firm Edison has reportedly started drilling operations at its North Thekah concession offshore Egypt.According to what appears to be Edison's press release circulated online, Edison started drilling on January 18, 2020 in the Mediterranean Sea block…

Mammoet Completes ALE Acquisition

Jan 08, 2020

The Netherlands-based Mammoet confirmed it has completed its acquisition of UK-based rival ALE, creating the industry’s largest engineered heavy lifting and transport services provider.The businesses will operate as one company under the Mammoet…

Eni Extends Abo FPSO Contract

Jan 01, 2020

BW Offshore, a provider of floating production services to the oil and gas industry, has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.The contract is extended until end Q4 2020, with options until Q4 2021…

Saipem Tallies $1.7 Bln Drilling Contracts

Dec 27, 2019

Italian oilfield services firm Saipem announced Friday it has secured approximately $1.7 billion in new and extended drilling contracts for its offshore and onshore divisions.The offshore drilling contracts relate to activities to be executed in Norway and in Angola…

Petrobras Extends West Tellus Contract

Nov 04, 2019

Brazilian petroleum giant Petróleo Brasileiro (Petrobras) has contracted Seadrill’s drillship West Tellus for a new two-year program offshore Brazil.Seadrill, a deepwater drilling contractor for the petroleum industry, said in a press note that the likely contract value is around $170 million…

Farstad Supply Sells PSV Far Swift

Nov 03, 2019

Norwegian offshore service and supply ship shipping company Solstad Offshore said that its wholly owned subsidiary Farstad Supply AS has sold the platform supply vessel (PSV) Far Swift.Delivery of the 2003-built vessel to the new owner took place October 31st…

Vaalco extends BW Offshore FPSO charter

Aug 19, 2019

The owner and operator of floating production storage and offloading (FPSO) vessels BW Offshore has received a one-year contract extension for the lease of one of vessels from Vaalco Energy.The Oslo Stock Exchange-listed company said in a press…

Safe Boreas Extended at Mariner

Aug 16, 2019

Equinor has exercised the fourth of six available one-month options to extend Prosafe's accommodation vessel Safe Boreas at the Mariner project in the UK sector of the North Sea to accommodate personnel working on Mariner in the hook up and early production phase through October 2019…

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