Vessels News

 

Equinor Finds Oil at Monument Prospect in U.S. Gulf of Mexico

Apr 06, 2020

Norwegian oil firm Equinor, with partners Progress Resources and Repsol, has made an oil discovery in the Monument exploration well in the US Gulf of Mexico.The Monument exploration well found approximately 200 feet (c. 60 meters) of net oil pay with good reservoir characteristics in Paleogene sandstone. This provides an early indication of the productive reservoir interval at the well location, Equinor said Monday…

Ocean Installer Charters Island Victory for Barents Sea Work

Apr 08, 2020

Offshore installation company Ocean Installer has chartered Island Offshore's Island Victory vessel for work in the Barents Sea, offshore Norway.Island Offshore said Wednesday the vessel had already started working for Ocean Installer on a 60…

Allseas' Pioneering Spirit Vessel to Remove Valhall Platforms

Apr 08, 2020

Offshore installation and decommissioning firm Allseas has won a contract to remove three complete offshore platforms and two jackets in Norway for Aker BP.The company said on Wednesday that Aker BP had awarded it a deal to Aker BP for the removal…

Gallery: Giant Crane Vessel Lifts Snorre A Module

Apr 07, 2020

World's largest semi-submersible crane vessel Sleipnir on Saturday picked up a module for Equinor's Snorre A platform from the quayside at Aibel's yard in Haugesund, Norway.The 220-meter long and 102-meter wide vessel Sleipnir recently arrived…

Layoffs, Furloughs at Magseis Fairfield

Apr 07, 2020

Magseis Fairfield, a company specializing in Ocean Bottom Node (OBN) offshore surveys, has announced cost-cutting measures which will include layoffs and furloughs.Citing increased market uncertainty due to the coronavirus and lower oil prices…

Havila Shipping Reaches Debt Restructuring Deal

Apr 07, 2020

Norwegian offshore vessel owner Havila Shipping has struck a debt restructuring deal with lenders, conditional upon approval from formal bodies. At January 1, 2020, Havila's outstanding debt was NOK 4,222 million (around $410 million), which…

BP Terminates Senegal/Mauritania Survey Deal with EMGS

Apr 07, 2020

British oil major BP has terminated the contract with the Norwegian offshore survey company EMGS for a survey in Senegal and Mauritania, where it operates the Tortue Ahmeyim offshore development. As previously reported, EMGS had mobilized its Atlantic Guardian vessel…

'Painful' Cuts at Fugro

Apr 06, 2020

Dutch geotechnical survey firm Fugro has announced a set of 'painful measures' including workforce cuts, and a hiring and salary freeze, as the company expects the COVID-19 pandemic and low oil prices to negatively impact its business.'The company…

SeaBird Sees W. Africa Survey Deal Canceled

Apr 06, 2020

Oslo-listed marine seismic data acquisition company SeaBird Exploration has lost a survey contract offshore West Africa.In a statement on Monday, SeaBird Exploration said it had been notified that the end-client has canceled the two OBN surveys off West Africa due to the COVID-19 situation…

Petrobras Strikes Pre-Salt Oil Find

Apr 03, 2020

Brazil's state-controlled oil company Petrobras has made an oil discovery in deep waters offshore Brazil.Petrobras said Thursday it had discovered the presence of oil in the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt…

Subsea 7 Scores 'Sizeable' Offshore Wind Deal in Germany

Apr 03, 2020

Offshore installation and construction company Subsea 7 has said it has won a sizeable contract - meaning worth between $50 million and $150 million, for work on a wind farm offshore Germany.Subsea 7 said Friday the contract was with innogy Kaskasi for the Kaskasi offshore wind farm project…

PGS Cold Stacks Two Seismic Vessels in Response to Low Oil Price

Apr 03, 2020

Norwegian offshore seismic surveyor PGS has said that the coronavirus pandemic and the disruption in the oil market present unprecedented challenges for the offshore services industry, including the marine seismic industry.PGS expects the low…

Energean Power FPSO Hull Leaves China

Apr 03, 2020

Mediterranean Sea-focused oil and gas company Energean Oil and Gas has informed that its Energean Power FPSO Hull sailed away from the COSCO yard in China on Friday, April 3, 2020.The hull will now be towed to the Sembcorp Marine Admiralty Yard in Singapore…

Inmarsat Offering Crews Discounted Voice Calls

Apr 02, 2020

Inmarsat has formalized a 50% discount for crew voice calling services available for up to 40,000 ships in response to the COVID-19 pandemic and its impact on seafarer well-being.The maritime satellite service provider is also ensuring that…

Hornbeck Offshore to File Chapter 11

Apr 02, 2020

U.S.-based offshore vessel owner Hornbeck Offshore Services announced it will file chapter 11 after defaulting on payment obligations.The New York-listed company said in an SEC filing that it has reached an agreement with lenders and holders of the company’s unsecured 5…

Current News

Ocean Installer Charters Island Victory for Barents Sea Work

Ocean Installer Charters Island Victory for Barents Sea Work

Oil Holds near $32 ahead of OPEC-Led Talks on Output Cuts

Oil Holds near $32 ahead of OPEC-Led Talks on Output Cuts

Arup Names Americas Offshore Wind Head

Arup Names Americas Offshore Wind Head

Equinor's $466M Floating Wind Farm Plan Approved

Equinor's $466M Floating Wind Farm Plan Approved

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