Offshore Activity - page 975


Equinor Delays Offshore Maintenance due to Coronavirus

Mar 20, 2020

Norway's Equinor said on Friday it will delay spring maintenance work at its Arctic liquefied natural gas (LNG) plant and five offshore platforms due to the coronavirus outbreak.Separately, Norway's gas system operator Gassco said annual maintenance…

Oil Facing Prolonged Period of Demand Destruction

Mar 20, 2020

Oil prices rose on Friday as the world's richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia…

Update: Oil and Gas Listed as Important Social Function in Norway

Mar 20, 2020

This article, originally titled 'Norway: Oil Workers Not Critical for Society,' has been amended as the Norwegian government has added some parts of the oil and gas industry to the 'Critical Social Functions' list.OEDigital on Friday morning reported…

Qatar Eases Exit Visa Rules for Oil and Gas Sector

Mar 20, 2020

Qatar has removed exit visa requirements for an additional segment of its foreign labor force, including some of those working in the oil and gas industry, according to official tweets posted on Friday.Qatar in 2018 eliminated exit visas for many foreign migrant workers…

Rockhopper: All Parties Committed to Sea Lion Farm-Out Despite Oil Price Rout

Mar 20, 2020

Rockhopper Exploration, a partner in Premier Oil-operated Sea Lion offshore oil project in the Falkland Islands, is confident it will manage to farm-out a share in the project despite the low oil prices and COVID-10 uncertainty.The two companies…

TenneT: Borselle Beta Topside Ready to Sail Away

Mar 20, 2020

Dutch state-owned grid operator Tennet has said that the topside of the offshore transformer platform for the Borssele III and IV wind area in the Dutch North Sea is ready for the sailaway.Dubbed the offshore power socket, Borssele Beta, will…

Polarcus Loses Another Seismic Contract

Mar 20, 2020

Oslo-listed provider of offshore seismic surveys Polarcus has seen a seismic contract in Africa terminated, just days after it lost a deal in Asia.Polarcus said Friday that a client in West Africa had decided to cease operations on the project…

Bristow Equips Helicopters to Transport COVID-19 Cases

Mar 20, 2020

Offshore helicopter operator Bristow has said it has successfully repatriated offshore workers in the oil and gas industry with suspected cases of the novel coronavirus – COVID-19 – using three specially-configured former search and rescue aircraft…

China's CNOOC to Load First Cargo of Guyanese Oil Soon

Mar 20, 2020

China's state-controlled oil company CNOOC Ltd is scheduled to load in the coming days its first cargo of crude from Guyana's offshore Liza oil project, the South American country's Director of Energy Mark Bynoe said.CNOOC has a 25% stake in…

UK Oil and Gas Sector Needs Gov't Aid to Survive

Mar 19, 2020

Britain's oil and gas sector needs government help to survive, industry body OGUK said after the oil price crash triggered by the coronavirus and a Saudi-Russian price war threatens its ability to continue producing hydrocarbons in the North Sea…

AGS Scores OBN Survey Extension

Mar 19, 2020

Norwegian ocean bottom node seismic surveyor Axxis Geo Solutions (AGS) has won a contract extension for a survey in the Middle East.AGS was in December awarded the original OBN contract that started in January with scheduled completion near the end of the first quarter 2020…

Tens of Thousands of Offshore Jobs at Risk, UK Union Warns

Mar 19, 2020

UK-based offshore energy workers' union RMT has called for the government to help preserve the offshore oil and gas industry and jobs amid the coronavirus and the oil price rout.RMT has warned that oil price wars and a public health pandemic…

Oil Prices Bounce, But Gains Only Temporary, Analysts Say

Mar 19, 2020

Oil prices bounced nearly 7% on Thursday after a three-day selloff drove them to their lowest in almost two decades as demand plummeted due to the coronavirus and supplies surged in a fight for market share between Russia and Saudi Arabia.Benchmark Brent…

Equinor Puts Off Canadian Offshore Project

Mar 19, 2020

Norway's Equinor and Canada's Husky Energy have reportedly pulled brakes on the plan to develop the Bay du Nord project offshore Canada, Reuters reported on Thursday.'Equinor and partner Husky Energy have decided to defer the Bay du Nord development…

Dolphin Drilling Signs Multi-Well Drilling Contract with i3

Mar 19, 2020

Offshore drilling contractor Dolphin Drilling has signed a drilling contract for one of its semi-submersible offshore drilling rigs in the UK North Sea with oil company i3 Energy.Bjørnar Iversen, CEO of Dolphin Drilling said the contract was…

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