Offshore Activity - page 998


DEME Hits Halfway Mark with Borssele Wind Farm Installation

Apr 10, 2020

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…

Orsted Hopes COVID-19 Will Not Slow Japan's Offshore Wind Projects

Apr 10, 2020

Orsted, the world's largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said. 'The pandemic will not influence investment decisions and general confidence in offshore wind…

Turkish Drillship Gearing Up for Black Sea Drilling

Apr 10, 2020

Turkish national oil company TPAO's drillship Fatih is being prepared to move to the Black Sea to start drilling operations.The news was shared on social media both by TPAO and the country's energy minister Fatih DonmezDonmez on Thursday tweeted…

BW Offshore's FPSO Stuck in New Zealand

Apr 10, 2020

FPSO-leasing company BW Offshore has been unable to remove the Umuroa FPSO from the Tui field in New Zealand following the contract termination, client liquidation, and the country's court and environment regulator intervention.The company was…

OPEC+ Oil Pact Hinges on Mexico Joining

Apr 10, 2020

Saudi Arabia's energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts.OPEC, Russia and other allies, a group known as OPEC+…

Shell's Carbon Emissions Drop in 2019 to Four-Year Low

Apr 09, 2020

Royal Dutch Shell's greenhouse gas emissions declined in 2019 to their lowest in four years, according to data provided by the energy company.At the same time, burning of unused natural gas in Shell's upstream oil and gas operations, a process known as flaring…

Offshore Drillers to Lose $3B Due To COVID-19, Low Oil Prices

Apr 09, 2020

Offshore drillings contractors leasing drilling rigs to oil and gas companies are set to lose contracts worth $3 billion in combined revenue in 2020 and 2021, Rystad Energy said Thursday, citing the impact of the coronavirus pandemic and low oil prices…

Oil Prices Rise on Hopes OPEC+ Will Agree Supply Cuts

Apr 09, 2020

Oil prices rose on Thursday on expectations the world's leading crude producers will at a meeting later in the day overcome obstacles that have so far prevented a deal to cut output in response to a collapse in global demand.Brent crude futures were up 2%…

MHI Vestas Wind Turbines for Yurihonjo Offshore Wind Farm

Apr 09, 2020

Offshore wind turbine supplier MHI Vestas has won an order to deliver wind turbines for a wind farm project offshore of Yurihonjo city in Akita Prefecture, Japan.The contract was announced Thursday by Renova, a partner in Akita Yurihonjo Offshore Wind GK (AYOW)…

Prosafe in Talks over Flotel Contracts. Some Units Might Go Off-Hire

Apr 09, 2020

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…

Boskalis Buys Salvage Firm Ardent Americas

Apr 09, 2020

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…

SBM Offshore: A Number of Covid-19 Cases Confirmed on FPSO

Apr 09, 2020

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…

3,800 Petrobras Workers Might Take Voluntary Severance Offer

Apr 09, 2020

Brazil's state-controlled oil company Petrobras aims to save 7.6 billion reais ($1.4 billion) by 2025 through voluntary buyout programs that will affect 3,800 employees, according to a securities filing on Wednesday.Petroleo Brasileiro SA, as the company is formally known…

Energean Ups Israeli Offshore Field Size Estimate

Apr 09, 2020

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…

U.S. Promises Royalty Relief for Offshore Drilling Firms

Apr 09, 2020

The U.S. Interior Department said on Wednesday that one oil company had begun the process of requesting relief from royalty payments on its offshore production as the industry reels from slumping prices.Lawmakers representing U.S. Gulf Coast…

Current News

NOIA: Joe Leimkuhler Elected as Chair, Eric Zimmermann Appointed as Vice Chair

SLB, Shell: New Partnership to Expand Deployment of Subsurface Digital Technology

Eneos Scoops Jack-Up Drilling Contract Offshore Vietnam

UK Grants Development Consent for Rampion 2 Offshore Wind Farm

Subscribe for OE Digital E‑News