Offshore Engineer Industry News News - page 637


Offshore Wind Crew Transfer Firm Busier Than Expected Despite COVID-19

Jun 17, 2020

Seacat Services is a UK-company providing support services to the offshore wind industry in the UK and elsewhere in Europe with a fleet of 14 UK-built catamaran vessels.Over the past eight years, the company has used its fleet of 14 South Catamaran…

Neptune Energy to Spud Dugong Offshore Well This Week, Partner Says

Jun 17, 2020

Petrolia NOCO, a partner in Neptune-operated PL 882 block in the Norwegian part of the North Sea, said the drilling of the Dugong well is set to begin by June 19, 2020.Neptune last week secured a regulatory consent to drill two wildcat wells at the Dugong prospect…

DNS Sharing Offshore Decommissioning Expertise with Brunei

Jun 17, 2020

Decom North Sea, a UK-based non-profit organization focused on knowledge sharing in the space of offshore oil and gas decommissioning sector, is expanding in Asia with a deal struck in Brunei.DNS on Wednesday announced the creation of a 'landmark…

U.S. Gulf of Mexico: LLOG to Tie Back Taggart Field to Williams' Devils Tower Spar

Jun 17, 2020

U.S. Gulf of Mexico-focused oil company LLOG Exploration Offshore will tie back its Taggart development to midstream operator Williams' Devils Tower Spar offshore platform.Williams said Wednesday it would provide offshore natural gas and oil…

OOS Joins LR, Worley Offshore Decommissioning Consortium

Jun 17, 2020

Dutch offshore services provider OOS International has joined an offshore decommissioning consortium created by Lloyd’s Register and Worley, in a push to drive down the costs of offshore decommissioning.'Decommissioning, for many, remains an uncertain cost burden…

BP Review: Global Energy Consumption Rose by 1.3% in 2019

Jun 17, 2020

BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.Here are some highlights from the report which can be downloaded here* Primary energy consumption rose by 1…

How Will the Asia Pacific Upstream Sector Emerge from the Crisis?

Jun 17, 2020

The oil price crash has transformed the outlook for the region’s E&P sector. Globally, governments and operators have been forced into action to rework investment plans in response to the dual impact of the precipitous fall in both demand and oil prices…

Petronas Taps Petra Energy for Banang Field Ops

Jun 17, 2020

Malaysia's Petra Energy has secured a contract with Petronas for technical services for Banang offshore field production continuation in Malaysia. The two-year contract takes effect on June 29, 2020.Under the contract, Petra Energy will provide services to operate and maintain the Banang field…

UK's Offshore Oil & Gas Industry to Cut Output Emissions by Half in Next Decade

Jun 17, 2020

The UK’s offshore oil and gas industry has committed to cutting operational emissions by half in the next decade through operational improvements, flaring reduction, and powering offshore platforms with electricity.OGUK, a UK industry body representing…

E&P Players' Widely-differing Views on Oil Price Future

Jun 16, 2020

BP’s announcement that it is going to write down the value of its exploration assets by $8-10 billion (56-70%) shows the accounting impact of its energy transition strategy.It also highlights the huge variation in how oil companies are viewing…

Fulkrum Acquires Oceaneering’s Third-party Inspection Division

Jun 16, 2020

Fulkrum Technical Resources (FTR), a provider of technical personnel specializing in QA/QC, inspection, and vendor surveillance services to the energy industry, has taken in Oceaneering’s third-party inspection division – including two key members of staff…

Long-term Charters for Solstad Offshore Anchor Handlers in Brazil

Jun 16, 2020

Norwegian offshore vessel owner Solstad Offshore has secured long-term charters for two of its anchor handling tug and supply vessels in Brazil.Solstad said Tuesday that Petrobras had chartered its AHTS vessels Far Sagaris and Far Statesman for a period of three years…

Motive Offshore, Orca Offshore Ink Azerbaijan MoU

Jun 16, 2020

Motive Offshore, marine equipment fabrication and rental specialist based in Scotland, has signed a memorandum of understanding with Orca Offshore for collaboration in Azerbaijan.The two-year agreement with the offshore design, fabrication and installation specialist will be focussed in Azerbaijan…

Ørsted CEO Poulsen to Step Down

Jun 15, 2020

Ørsted Chief Executive Henrik Poulsen has resigned after eight years at the helm of the Danish offshore wind farm developer, the company said on Monday.Poulsen, who became Ørsted CEO in 2012, spearheaded the group's transformation from a diversified…

Outfitting Phase Set to Start for Nexans Aurora Cable Layer

Jun 15, 2020

Norway's Ulstein is set to begin the outfitting phase of the Nexans Aurora, a large, DP3, cable laying vessel (CLV) Nexans ordered from Ulstein in 2018.The Nexans Aurora hull arrived Ulstein Verft on Monday, June 15, 2020, after having been built at CRIST…

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