Offshore Regions News - page 727

 

Mexico: Judge Orders Freeze of New Oil and Gas Law

May 11, 2021

A Mexican judge has ordered a partial provisional suspension of new hydrocarbons legislation championed by President Andres Manuel Lopez Obrador that gave the state authority to revoke permits, a court document seen by Reuters showed on Monday…

Seadrill Partners Bags Four-Well Drilling Deal for Rig in Malaysia

May 11, 2021

Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…

Valaris JU-115 Jack-Up Rig to Stay Off Thailand Until Sept. 2022

May 10, 2021

Offshore drilling company Valaris, which last week emerged from bankruptcy, has won a contract extension for its Valaris JU-115 jack-up rig offshore Thailand.Valaris said Monday that the oil and gas company Mubadala Petroleum had extended the jack-up rig charter by around 240 days…

BP to Remain API Member after Climate Stance Shift

May 10, 2021

BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company over climate change.BP, which plans to sharply…

Eidesvik Offshore Finds Work for Veritas Viking Seismic Vessel

May 10, 2021

Norwegian offshore vessel operator Eidesvik Offshore has obtained a charter for its seismic vessel Veritas Viking.The charter for the Veritas Viking, according to the Oslo-listed company, is for 130 days, including transit. The contract is with an unnamed third-party operator…

Petrobras Orders Seventh FPSO for Buzios Field

May 10, 2021

Brazilian oil company Petrobras has ordered an FPSO from Singapore's Keppel Shipyard, in what will be the seventh FPSO unit installed in the Búzios field, in the Santos Basin.The FPSO, to be named P-78, will have a processing capacity of 180 thousand barrels of oil per day and 7…

Alfa Laval to Buy Weather Services Firm StormGeo

May 10, 2021

Swedish Alfa Laval has struck a deal to acquire weather intelligence and decision support services provider StormGeo.Alfa Lava, specializing in heat transfer, centrifugal separation, and fluid handling, said the acquisition would accelerate…

Solstad Offshore Sells Platform Supplier

May 10, 2021

Solstad Offshore's subsidiary Farstad Supply has sold its platform supply vessel Far Splendour.According to Solstad, the 74 meters-long vessel was delivered to the new owner on Monday, May 10, 2021.'The sale of the vessel will result in an immaterial accounting effect for Q2-2021…

Odfjell Drilling Secures One-Well Extension for Deepsea Atlantic Rig

May 10, 2021

Norwegian oil firm Equinor has extended the contract with Odfjell Drilling for the use of the Deepsea Atlantic offshore drilling rig.Odfjell Drilling said Monday that Equinor had exercised its options to add one additional well to the Deepsea Atlantic contract…

EnQuest's Decommissioning Director Joins Decom North Sea Board

May 10, 2021

UK-based offshore decommissioning association Decom North Sea has appointed John Allan, Decommissioning Director at oil company EnQuest, to its Board of Directors.'John’s current role at EnQuest was preceded by 15 years with CNRI. With the majority…

BP Hires Petrofac for Greater Tortue Ahmeyim Operational Procedures Work

May 10, 2021

Oil major BP has hired oilfield services company Petrofac to develop operational procedures for the company's Greater Tortue Ahmeyim project offshore Mauritania and Senegal.Centered on minimizing risk and harm to personnel, plant and the environment…

Seacat's Catamaran to Serve Greater Gabbard Offshore Wind Farm

May 10, 2021

Seacat Services, an offshore support vessel firm, has signed a long-term charter for the catamaran Seacat Magic with Greater Gabbard Offshore Wind Farm Ltd.Greater Gabbard Offshore Wind Farm Ltd. is a joint venture between SSE Renewables (50%) and RWE Renewables (50%) running the namesake wind farm…

Bilfinger Nets 5-year Offshore Inspection Services Contract with Total in Denmark

May 10, 2021

Total E&P Denmark has awarded Bilfinger a €40 million (~$48,6 million) contract for inspection services on the offshore assets in Denmark.Starting in July 2021, the contract will run for five years with 2x1-year extension options and will cover all of Total's assets offshore Denmark…

Archer to Acquire Well Intervention Firm DeepWell

May 10, 2021

Oilfield services firm Archer has signed an agreement to acquire Norwegian offshore well intervention company DeepWell for NOK 177 million (21,57 million) on a debt and cash free basisDeepWell provides wireline and downhole services to oil companies on the Norwegian Continental Shelf (NCS)…

Dutch Gov't Grants $2.4B for Exxon, Shell North Sea CCS Project

May 10, 2021

The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world…

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