Energy News

 

Oceaneering Nets 3-year Inspection Services Contract with Chevron in Angola

Jun 30, 2020

Offshore and subsea services provider Oceaneering has secured a contract with Chevron's Angola subsidiary Cabinda Gulf Oil Company Limited (CABGOC)Under the three-year contract, Oceaneering's Asset Integrity division will provide inspection services onshore Cabinda…

Aker Solutions, Equinor Sign LoI for Askeladd Subsea System

Jun 30, 2020

Norway's Aker Solutions has received a letter of intent from Equinor to deliver the subsea production system for the Askeladd Vest natural gas development in the Barents Sea in northern Norway.The development of Askeladd Vest is phase two of…

Mermaid Targets Offshore Decommissioning Work in Thailand with New Business Unit

Jun 30, 2020

Thai-based offshore services provider Mermaid Maritime has said it has launched a business branch focused on offshore transportation, installation and decommissioning.Mermaid said Tuesday its new business unit’s immediate target is potential…

Survivex Launches Offshore Wind Training in Aberdeen

Jun 30, 2020

UK-based safety training provider Survivex has launched GWO wind training in Aberdeen to service Scotland’s growing offshore wind industry. The first courses will run from July 6, onwards.Survivex said Tuesday that it had invested over £100…

Schlumberger Introduces Remote Well Op and Downhole Reservoir Testing Tech

Jun 30, 2020

Oilfield services giant Schlumberger has this week introduced two interesting technologies for remote well operations and downhole reservoir testing, the Performance Live and the Symphony, respectively.Performance Live is a digital service that optimizes remote well site operations control…

Palfinger Delivers Jetty Cranes for Borssele 1 and 2 OWF Base

Jun 30, 2020

Crane specialist Palfinger has recently won an order to deliver two jetty cranes at the maintenance base in The Netherlands for Ørsted's new Borssele 1 and 2 offshore wind farms (OWF) in the Dutch North Sea.While the wind farm is still under construction…

MHI Vestas to Source More Offshore Wind Turbine Parts in Taiwan

Jun 30, 2020

Offshore wind turbine maker MHI Vestas has signed a purchase agreement with local Taiwanese company, YGG, to source additional components for the upcoming production of V174 turbines to be installed offshore in Taiwan. The agreement covers rotor hubs…

Alaska Greenlights BP's Sale of Oil Leases to Hilcorp

Jun 30, 2020

Alaskan officials on Monday approved BP Plc's sale of its oil and gas leases in the state to closely held Hilcorp Energy Co. as part of a previously announced $5.6 billion deal.BP last year agreed to sell its Alaskan properties, including interests…

Atlantic Shores Offshore Wind Installs Wind LiDAR in New Jersey

Jun 30, 2020

A wind LiDAR (light detection and ranging) instrument has been installed alongside the causeway leading to Rutgers University Marine Field Station in Tuckerton, New Jersey.The fully autonomous sensor platform, owned and operated by Atlantic Shores Offshore Wind…

Petrobras Selling Stake in Tartaruga Field

Jun 30, 2020

Brazilian oil company Petrobras has put up for sale its stake in the Tartaruga field in the shallow waters of the Sergipe Alagoas basin.The Tartaruga field is located in Area SES-107D Concession, in which Petrobras holds a 25% stake, with Maha Energy holding the remaining 75% Participating Interest…

Shell to Write Down $22B in Wake of Coronavirus

Jun 30, 2020

Royal Dutch Shell said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked oil and gas demand and weakened the energy price outlook.The impairments follow the Anglo-Dutch company's decision to shift…

VIDEO: Dominion Installs 12MW Test Wind Farm ahead of 2.6GW Behemoth

Jun 29, 2020

Dominion Energy has completed the installation of the two-turbine, 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project 27 miles off Virginia Beach, USA, paving way for the development of a much larger, 2.6 gigawatt, offshore wind farm project…

Delek Drilling Looks to Refinance $2 Billion in Debt

Jun 29, 2020

Israel's Delek Drilling wants to refinance about $2 billion in loans it had taken to develop the major Leviathan natural gas field either by issuing bonds or through bank finance.The company said in a statement on Monday it approached international…

Rever Completes IRM Campaign for Total

Jun 29, 2020

UK-based offshore services firm Rever Offshore has said it has recently completed a two-phase contract with Total E&P UK.Beginning in late March, Rever Offshore undertook an onshore project management and engineering campaign, accompanied by…

Gulf of Mexico: LLOG Sanctions Taggart Development

Jun 29, 2020

U.S. Gulf of Mexico operator LLOG has sanctioned the development of its Taggart discovery. The discovery will be developed via tieback to the Williams-owned Devils Tower Spar in Mississippi Canyon 773.The Taggart discovery is located on Mississippi Canyon Block 816 in approximately 5…

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