Longboat raises funds for seven wells, reveals farm-in details
Longboat Energy has raised funds for a seven-well drilling programme and revealed the details about its farm-in agreements. The post Longboat raises funds for seven wells, reveals farm-in details...
View ArticleMcDermott makes another executive change
Offshore engineering and construction specialist McDermott has made another change to its executive team following the departure of its CEO. The post McDermott makes another executive change appeared...
View ArticleHavfram gets FPSO mooring job at Greater Tortue Ahmeyim
Havfram has secured a contract with Technip Energies for the pre-installation and hook-up of […] The post Havfram gets FPSO mooring job at Greater Tortue Ahmeyim appeared first on Offshore Energy.
View ArticleNeptune to reduce need for offshore trips with virtual reality tech
Neptune Energy has completed a virtual reality pilot on its Gjøa platform, enabling teams to make highly realistic virtual visits. The post Neptune to reduce need for offshore trips with virtual...
View ArticleKosmos Energy adds Wood chairman to its board
U.S. oil and gas company Kosmos Energy has appointed Roy A. Franklin to its board of directors, effective 9 June 2021. The post Kosmos Energy adds Wood chairman to its board appeared first on Offshore...
View ArticleAustralian wells creating multi-billion opportunity for P&A, Rystad says
Australia is about to see its largest-ever wave of offshore wells that reach the end of their producing life & need to be decommissioned, Rystad says. The post Australian wells creating...
View ArticleSerica preparing to bring third Rhum well online
Serica Energy has completed a flow test on the Rhum R3 well in the UK North Sea with plans to start production in the third quarter of 2021. The post Serica preparing to bring third Rhum well online...
View ArticleGiant vessel removes Morecambe Bay topsides in less than 90 minutes
Giant heavy lift vessel Pioneering Spirit has executed the single-lift removal of the DP3 gas production topsides from Morecambe Bay. The post Giant vessel removes Morecambe Bay topsides in less than...
View ArticleBig money forcing Big Oil into climate change revolution
With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action. The...
View ArticleStandard Drilling sheds platform supply vessel
Cyprus-based offshore vessel operator S.D Standard Drilling has entered into a memorandum of agreement (MOA) to sell one of its platform supply vessels. The post Standard Drilling sheds platform supply...
View ArticleEnQuest inks new $750 million debt facility to finance Golden Eagle deal
EnQuest has signed a new senior secured borrowing base debt facility to enable refinancing and the acquisition of Golden Eagle. The post EnQuest inks new $750 million debt facility to finance Golden...
View ArticleMalaysia: Aker Solutions manager charged over ‘misleading’ Petronas
An Aker Solutions manager in Malaysia has been charged due to allegations that he […] The post Malaysia: Aker Solutions manager charged over ‘misleading’ Petronas appeared first on Offshore Energy.
View ArticleSeacor Marine enters agreement to pay off debt
U.S. offshore support vessel provider Seacor Marine has entered into a second amendment and conditional payoff agreement with JPMorgan Chase Bank. The post Seacor Marine enters agreement to pay off...
View ArticleJames Fisher expands decommissioning capability with new acquisition
James Fisher and Sons has acquired engineering solutions and consultancy firm Subsea Engenuity, extending […] The post James Fisher expands decommissioning capability with new acquisition appeared...
View ArticleLancaster issues swell for Hurricane as well trips and shuts down
In addition to facing a wind-down and a wind-up of its Lancaster field, Hurricane Energy has experienced further issues on its field. The post Lancaster issues swell for Hurricane as well trips and...
View ArticlePetrobras orders $2.3 billion FPSO from Saipem and Korea’s DSME
Petrobras has signed a contract with the joint venture formed by Saipem and DSME in the amount of $2.3 billion for the supply of P-79 FPSO. The post Petrobras orders $2.3 billion FPSO from Saipem and...
View ArticleNord Stream 2 ties first line to land despite Republican outrage
Nord Stream 2 AG, a subsidiary of Russia's Gazprom and operator of the Nord Stream 2 offshore gas pipeline, has confirmed that the offshore part of one line of the pipeline has been mechanically...
View ArticleIn focus: Challenge accepted by oil major while Norway answers offshore wind...
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels. The post In focus: Challenge accepted by oil major...
View ArticleU.S. offshore rig count remains flat
The number of offshore rigs in the U.S. remained unchanged over this week, according to a weekly rig count by Baker Hughes. The post U.S. offshore rig count remains flat appeared first on Offshore...
View ArticleHibernia contract renewal for Wood
HMDC has renewed a contract with Wood to provide engineering, procurement, and construction solutions and maintenance to the Hibernia. The post Hibernia contract renewal for Wood appeared first on...
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