NBO wins first onshore power supply project for offshore platforms in China
Ningbo Orient Cable (NBO) has secured a contract from China National Offshore Oil Corporation (CNOOC) for two offshore platforms QingHuangDao32-6 and CaoFeiDian11-1. The work-scope is to provide 70...
View ArticleClik here to view.
Allseas starts operations on first-ever gig in China
Offshore oil and gas installation, construction, and decommissioning specialist Allseas has started work on CNOOC’s Lingshui 17-2 gas field development offshore China. Allseas said on Tuesday that the...
View ArticleClik here to view.
Gunvor trading volumes pushed by LNG
Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019. Courtesy of Gunvor Total trading volumes increased to 198 million MT from 184 million MT the...
View ArticleAker BP looking to decrease carbon footprint with new tech deal
Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company Yxney Maritime for a software solution which would assist with offshore carbon emission cuts. Aker...
View ArticleClik here to view.
COSL, Equinor ink new master framework agreement
COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil...
View ArticleCompanies team up to build world’s first shallow draft ice-breaking W2W vessel
Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel....
View ArticleClik here to view.
KrisEnergy suspends Wassana oil field, cuts quarter of Thai workforce
Singapore’s independent oil and gas company KrisEnergy has decided to suspend operations on the Wassana oil field and reduce its workforce in Thailand. Location of G10/48 licence which holds the...
View ArticleSapura Energy bags nearly $180 million in new deals
Sapura Energy has been awarded several new contracts for its Engineering and Construction (E&C) division, with a combined value of approximately RM766 million ($179.7 million). According to its...
View ArticleAGS gets additional work in North Sea
Axxis Geo Solutions (AGS) has signed a contract for an additional scope of work under the agreement with Equinor in the North Sea. Earlier this year the company secured the contract for the seismic...
View ArticleOCTIO wins Ormen Lange gravimetry survey
OCTIO Gravitude has secured gravimetry survey work on the Norwegian Ormen Lange gas field during summer 2020. The operation should last four weeks and produce water depth and gravitational field...
View ArticleClik here to view.
NZOG looking to acquire assets in Australia and New Zealand
New Zealand Oil & Gas (NZOG) is looking to increase its portfolio through the acquisition of producing assets, developing projects, and exploration prospects. NZOG said in its strategic review on...
View ArticleArcher picked as sole provider of downhole services on Gyda P&A campaign
Archer has been awarded the fishing, milling & wellbore cleaning services for Repsol Norge on the Gyda platform located offshore Norway. Archer said in an update on Thursday that operations start...
View ArticleClik here to view.
Irregularities found during emergency preparedness audit of Valaris rig
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregularities regarding the emergency preparedness on the Valaris-owned Valaris JU-292 rig, formerly known...
View ArticleClik here to view.
Shell and Cluff ‘remain committed’ to two UK wells but one well delayed
Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, located in the Southern North Sea off the UK, despite the coronavirus pandemic. Cluff’s Southern...
View ArticleCourt in Brazil accepts corruption complaint against ex-Sembcorp Marine employee
A court in Brazil has accepted a money laundering and corruption complaint against a former Sembcorp Marine employee as part of the widespread Brazilian Car Wash probe. As previously reported, the...
View ArticleEidesvik secures more vessel work with Aker BP
Eidesvik Offshore has been awarded a four-month extension to the current time charter party for the platform supply vessel MV Viking Lady with Aker BP. The extension is for the period from September...
View ArticleClik here to view.
Gulf of Mexico operators evacuating workers ahead of storm
Oil and gas operators in the U.S. Gulf of Mexico are removing workers from its offshore assets and ramping down production ahead of an incoming tropical storm. BP’s Thunder Horse platform; Source: BP...
View ArticleClik here to view.
Eni in major overhaul as it shifts toward renewable energy
Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. Claudio Descalzi (Image: Eni) The company will create two business units with...
View ArticleSeacor Marine buys remaining stake in SEACOSCO JV
U.S. offshore support vessel provider Seacor Marine has entered into a definitive sale and purchase agreement to acquire the remaining 50 per cent of the equity interests in SEACOSCO Offshore from...
View ArticleBorr delays deliveries of five jack-up rigs as part of financial restructuring
Borr Drilling has completed its financial restructuring and made agreements with its lenders and shipyards, which will provide it with liquidity improvement of more than $315 million in the period to...
View Article