Offshore Engineer Industry News News - page 626

 

Mozambique President Vows to Restore Peace in Gas-Rich Cabo Delgado

Apr 21, 2021

Mozambique President Filipe Nyusi said on Wednesday the government will work to restore peace in the country after a deadly militant attack last month near multi-billion-dollar gas projects backed by global oil companies.'We will make all efforts to return peace to our country…

Vestigo Petroleum Wins Rights to Develop Two Small Oil Fields Off Malaysia

Apr 21, 2021

Malaysia's Petronas has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum.The South East Collins Cluster, located in water depths of 42 to 45 meters 70km northeast of Labuan Island…

Equinor Finds Oil and Gas in Norwegian Sea. Production Start-up Imminent

Apr 21, 2021

Norwegian oil and gas company Equinor, with its partners Total and Vår Energi, has made an oil and gas discovery in a new segment belonging to the Tyrihans field in the Norwegian Sea. Recoverable resources are so far estimated at between 3.0 and 4…

Fugro Assisting Jumbo with Mero 1 Offshore Work in Brazil

Apr 21, 2021

Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…

Aker BP Adds One More Well to Maersk Drilling's Jack-Up Rig Scope

Apr 21, 2021

Danish offshore drilling company Maersk Drilling has won a one-well contract extension for its Maersk Integrator jack-up drilling rig with Aker BP in Norway.The contract is expected to start in December 2021, in direct continuation from the rig's current scope for Aker BP…

Deepwater Horizon 11 Years On: There's More Work to Be Done on Offshore Safety, Secretary Haaland Says

Apr 20, 2021

April 20, 2021, marks the eleventh anniversary of the biggest ever oil industry disaster in the U.S. Gulf of Mexico, in which 11 people died after the Transocean semi-submersible drilling rig Deepwater Horizon exploded and sank at BP's Macondo well location…

TAQA Hires Solstad Offshore's PSV for North Sea Support

Apr 20, 2021

Norway's Solstad Offshore has signed a contract with TAQA Bratani Limited for the platform supply vessel Sea Flyer.The vessel will be used to support TAQA’s UK North Sea assets for a firm period of two years. The contract is expected to begin in July 2021…

UK: Time Factor as Offshore Wind Worker Concession Deadline Looms

Apr 20, 2021

As it continues to grow its track record of contributions to Scotland’s renewables mission, the offshore wind sector is currently making all the right headlines.Amid the positive news, however, anyone with knowledge of sustainable business success…

Equinor Sees Drop in Serious Incidents and Personal Injuries in Q1, but Says The Number Still 'Too High'

Apr 20, 2021

Norwegian oil company Equinor said Monday that its safety statistics for the first quarter of 2021 indicated fewer serious incidents and personal injuries in Equinor compared to the same period last year, but said the number of incidents was still 'too high…

South Africa: Azinam, Panoro Enter Africa Energy's Offshore Block 2B

Apr 20, 2021

Oil companies Azinam and Panoro Energy have completed their previously announced acquisitions of stakes in Block 2B offshore South Africa, e containing the A-J1 oil discovery from 1988,  from Africa Energy Corp.Azinam has taken 50 percent and will become the operator…

Maersk Decom Launches Free Offshore Decommissioning Cost Calculator

Apr 20, 2021

Denmark-based Maersk Decom said Tuesday it has designed a free cost calculating tool for benchmarking decommissioning projects in the North Sea.'Maersk Decom’s cost calculator is the first free tool in the industry, enabling stakeholders to…

Carnarvon Wraps Buffalo Farm-Out. Drilling to Start in Late 2021

Apr 20, 2021

Australian oil and gas companies Carnarvon Petroleum and Advance Energy have completed the Buffalo oil field farm-out agreement as all the necessary conditions have been met.Carnarvon in December 2020 announced that Advance Energy would acquire 50% of the Buffalo project in the Timor Sea…

Norway's March Oil and Gas Output Slightly Below Expectation

Apr 20, 2021

Norway's oil and gas production slightly lagged official expectations in March, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell 1.1% from February to 1.773 million barrels per day (bpd) in March…

DEME, JDR to Deliver Export Cable for French Floating Wind Farm

Apr 20, 2021

Belgian offshore installation firm DEME has, via its French branch SDI, secured an engineering, procurement, construction, and installation contract for an export cable that will connect the Leucate Floating offshore wind farm to the power grid…

ExxonMobil Floats $100 Billion Carbon Storage Project

Apr 19, 2021

ExxonMobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S. petrochemical plants and bury them in reservoirs under the Gulf of Mexico.The plan would…

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