Offshore Regions News - page 738

 

Japan: Mitsui, Hokutaku Form Offshore Wind Turbine Maintenance JV

Apr 16, 2021

Japanese conglomerate Mitsui and the country's largest wind turbine maintenance company Hokutaku, have this week formed Horizon Ocean Management, Ltd. ('HOM') for the purpose of providing inspection and maintenance services for offshore wind turbines…

Land-starved Singapore Turns to Floating Solar

Apr 16, 2021

BANGKOK (Thomson Reuters Foundation) - Singapore is betting on floating solar farms and vertical panels to increase its clean-energy supplies and cut carbon emissions, a model that could work in other densely populated cities, urban experts said…

North America Oil Bankruptcies Hit Highest Q1 Level Since 2016

Apr 16, 2021

Bankruptcies by North American oil producers rose to the highest first-quarter level since 2016, according to a report released on Thursday by law firm Haynes and Boone, as some energy firms struggled to recover from the 2020 crash in oil prices…

Japan to Double Inter-regional Power Grid to Boost Offshore Wind

Apr 16, 2021

Japan aims to double its inter-regional power grid capacity by adding up to 23 gigawatts to help speed expansion of renewable energy such as offshore wind farms, the Nikkei business daily said on its online news site late on Thursday.The move…

New Woodside Boss Faces Existential Threats, Outgoing CEO Coleman Says

Apr 16, 2021

Woodside Petroleum's outgoing boss said on Friday his replacement will face two company-defining challenges: replacing its aging assets and managing the transition to cleaner energy.Australia's top independent gas producer is betting its future on the $11 billion Scarborough gas project…

Petronas Charters Maersk Drillship for Ultra-Deepwater Well in Gabon

Apr 16, 2021

Petronas' Gabon subsidiary PC Gabon Upstream has chartered Maersk Drilling's deepwater drillship for one exploration well in Gabon.Maersk Drilling will supply the 2013-built Maersk Viking drilling rig which PC Gabon Upstream will use to drill an ultra-deepwater exploration well at approximately 2…

Search Continues for 12 Missing from Capsized Lift Boat

Apr 15, 2021

The U.S. Coast Guard said Thursday it is still searching for 12 people missing from a lift boat that capsized in extreme weather conditions Tuesday in the U.S. Gulf of Mexico.Coast Guard vessel and air crews have worked with other local agencies…

BP Suspends Output from Foinaven Fields as Long-Serving FPSO Petrojarl Foinaven Nears End of Life

Apr 15, 2021

British oil major BP has suspended production from the Foinaven fields west of Shetland in the UK, as the long-serving FPSO Petrojarl Foinaven through which the fields are producing oil is nearing the end of its 25-year design life, and will be removed from site…

World's First: CMHI's Offshore Rig Gets DNV's 'Smart vessel' Notation

Apr 15, 2021

Shen Lan Tan Suo, a semi-submersible drilling rig from China Merchant Heavy Industry (CMHI), has received DNV’s Smart vessel notation compliance certificate. The rig is now the world’s first offshore unit the first to receive DNV's newly developed notation…

Vattenfall Selects Hvide Sande as Service Port for Danish Offshore Wind Farms

Apr 15, 2021

Swedish power firm Vattenfall has chosen Hvide Sande Harbour in Denmark as its service port for Vesterhav Syd and Nord wind farms in the Danish part of the North Sea. The move will create around 50 new jobs.Danish Energy Agency has approved…

Woodside, Santos Investors Strike Down Activist's Push for Oil and Gas Operations Wind-down

Apr 15, 2021

Investors in Australia's top two independent oil and gas producers on Thursday rejected an activist group's push to get the companies to spell out plans to wind down their operations to help curb global warming.The resolutions were ultimately…

Semco Maritime to Name Vattenfall's Wind Boss to the Board

Apr 15, 2021

Danish offshore energy services company Semco Maritime said Thursday that Gunnar Groebler would be nominated as a new board member of the company.With the appointment of Groebler, a German citizen who's worked for the Swedish power firm Vattenfall since 1999…

Prosafe Ordered to Pay $55,5M to Westcon in Rig Conversion Dispute

Apr 15, 2021

A Norwegian appeal court has ordered the offshore accommodation firm Prosafe to pay NOK 465 million (~$55,49 million) to Westcon Yards, overturning the Stavanger District Court's order from 2018, related to a conversion work on an offshore accommodation rig…

MMHE to Build Offshore Platform, Pipeline for SapuraOMV's Jerun Field

Apr 15, 2021

Malaysia's offshore energy infrastructure construction firm Malaysia Marine and Heavy Engineering (MMHE) has won a contract from SapuraOMV to build and install a platform and pipelines for the oil company's SK408W Jerun Development Project, offshore Sarawak…

Petronas Awards 3-Year Well Intervention Deal to Welltec

Apr 15, 2021

Offshore energy technology company Welltec has secured a three-year contract with the Malaysian oil firm Petronas as the sole provider of downhole conveyance and powered mechanical services for Petronas' Malaysia operations.Espen Dalland, Area…

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