Quest Offshore News

 

Tampnet Buys BP's Offshore Fiber Cable System in Gulf of Mexico

Apr 07, 2021

Norway-based Tampnet which operates offshore high-capacity communication networks has completed the acquisition of BP's Gulf of Mexico (GoM) offshore fiber cable network, in what Tampnet says is one of the most significant milestones in the history of the company…

Deep Wind Offshore Names Chief Commercial Officer

Feb 01, 2021

Deep Wind Offshore, a Norwegian offshore wind company formed last month, has appointed Hans Petter Øvrevik as its Chief Commercial Officer (CCO).Øvrevik has more than 16 years of experience in the offshore industry, including roles in Aker Solutions and Aker Offshore Wind…

Puradigm Technology for COVID-19 Mitigation on Rigs & Ships

Dec 24, 2020

In the quest to mitigate the threat of COVID-19 on offshore rigs and ships, Mako Industries sells and installs a new technology – Puradigm – which offers promise.

Rem Offshore Nets Long-term Charter for Newly Ordered Offshore Wind Vessel

Dec 22, 2020

Rem Offshore, a Norwegian offshore vessel owner which last week ordered an offshore wind construction service vessel, has secured a long-term charter contract for the vessel.The company on Tuesday announced a long-term charter contract with Siemens Gamesa Renewable Energy for its newbuild CSV…

Tullow to Book $1.7B Impairment. Lowers Oil Price Forecast

Jul 29, 2020

Tullow Oil said on Wednesday it was set to book $1.4-1.7 billion in impairments before tax in its half-year results, as it follows larger rivals in lowering its oil price forecasts.Tullow, which had a market capitalization of around $508 million after markets closed on Tuesday…

Petrobras: 10,000 People Accept Voluntary Buyouts

Jul 02, 2020

Some 10,000 employees of Brazil's Petrobras, or 22% of its workforce, have accepted voluntary buyouts, Chief Executive Roberto Castello Branco said on Wednesday, as the state-run oil company intensifies its quest to slim down and refocus on core businesses…

Northern Offshore Services, SEA O.G Form CTV JV for U.S. Offshore Wind Space

May 27, 2020

Northern Offshore Services (N-O-S) and SEA O.G have entered into an agreement to provide marine services and CTV operations to the offshore wind industry in the United States.The partnership will combine the forces of N-O-S, the crew transfer vessel operator in Europe…

Middle East: Offshore Drilling Spend Set to Soar

Jan 17, 2020

Offshore oil and gas exploration spending in the Middle East is set to grow significantly over the next few years, as onshore resources mature and become more numbered, Rystad Energy said Friday.'The most bountiful petroleum plays in the Middle…

ONE-Dyas Rights in Gabon Extended

Nov 27, 2019

Oil and gas company, ONE-Dyas, a joint venture between Oranje-Nassau Energie B.V. (ONE) and SHV Holdings that owns Dyas, has its quest for an extension of its upstream investment programme offshore Gabon approved for its offshore Kowe project…

Angola Hopes Reforms Will Aid Oil Assets Sales

Oct 17, 2019

Angola is hoping sweeping economic reforms will smooth an ambitious plan to sell key state assets, including stakes in oil company Sonangol, a share of Puma Energy and more than 100 other enterprises.Africa's second biggest oil exporter is in…

Drilling Activity Buoyant in Norway

Oct 16, 2019

The number of wells drilled could challenge all-time high levels by the end of the year in the Norwegian Continental Shelf (NCS), while global offshore exploration activity has been flat year-to-date.Rystad Energy expects that this high activity…

A Future for Floating Wind

Jul 01, 2019

With more demonstrators in the water, more substantial players are taking interest in floating offshore wind.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works, and bigger players – including oil and gas companies – are taking note…

16 GW Floating Offshore Wind by 2030

May 31, 2019

More than 16 GW of floating offshore wind to be installed globally by 2030, said a new report. There are more than 1.4 GW of offshore wind auctions Planned in 2019 following a strong showing of 3.3 GW in 2018.Quest Floating Wind Energy‘s latest…

Sapura Energy Wins Contracts in Mexico, Malaysia

Nov 21, 2018

Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion (USD 410 mln).The new contracts have lifted the company’s…

Asia-Pac Offshore Wind Capacity to Rise 20-fold in a Decade: Wood Mackenzie

Oct 25, 2018

Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said.Leading the charge is China…

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