Offshore installation company DEME Offshore has said made strong progress with the installation of the foundations for offshore wind turbines at Ørsted’sBorssele 1 & 2 Offshore Wind Farm in the Dutch North Sea, reaching the halfway mark. Having…
The article was updated on April 27, 2020, with a statement by EnQuest which explained that the contract for the Safe Zephyrus had been terminated due to COVID-19-related safety concerns and not due to the low oil price.Offshore accommodation…
Dutch dredging and marine services giant Boskalis has acquired the U.S.-based maritime emergency response specialist Ardent Americas.Ardent, created by the 2015 merger of salvage divisions of Svitzer and Crowley, specializes in emergency preparedness and response…
Update: The article has been updated by a statement from an SBM Offshore spokespersonSBM Offshore, a floating, production, storage, and offloading (FPSO) leasing specialist, has said that a number of COVID-19 cases has been confirmed on one of its FPSOs…
Eastern Mediterranean-focused gas group Energean said on Thursday a report showed its Karish North field contained around a third more gas and oil than it had previously thought.The Karish North field, according to an expert report typically used in the industry…
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…
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 for the removal and…
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…
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…
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…
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…
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…
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…
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…
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…
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