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TSG Marine to bring COVID-19 fast screening, sanitation system offshore
Marine engineering specialists TSG Marine is working on a molecular technology to support the offshore energy sector on its exit out of the COVID-19 crisis. Source: TSG Marine Utilising the same...
View ArticleKNOT secures long-term charter for shuttle tanker with PetroChina
Knutsen NYK Offshore Tankers AS (KNOT), a joint venture between Japanese shipping major NYK and Norway’s TS Shipping Invest (TSSI), has concluded a first long-term time charter contract for a shuttle...
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Icon Offshore in talks with Perisai to buy jack-up rig
Malaysian offshore support vessel provider Icon Offshore has confirmed it is in the process of negotiating the acquisition of Perisai Petroleum Teknologi’s jack-up drilling rig. Perisai Pacific 101;...
View ArticleSeacor Marine completes buy of remaining stake in SEACOSCO JV
U.S. offshore support vessel provider Seacor Marine has completed the acquisition of the remaining 50 per cent of the equity interests in SEACOSCO Offshore from COSCO Shipping. Seacor Marine said on...
View ArticleNorth Sea exploration: Risk appetite remains despite low oil prices
The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century. However, to maintain regular activities in the near future, new commercial discoveries...
View ArticleEquinor finds gas and condensate in North Sea well
Equinor has discovered gas and condensate in an exploration well 30/2-5 S Atlantis, which is located near the Kvitebjørn field in the North Sea. The well is located in production licence 878 where...
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PSE Kinsale Energy ceases gas production from Kinsale field
PSE Kinsale Energy has ceased its gas production at the Kinsale area gas fields in the Celtic Sea after 42 years of production. PSE, a Petronas subsidiary since 2009, announced in April 2018 that the...
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PGS extending Hammerfest Basin coverage
PGS has recently started ultra-high-density seismic survey in the Barents Sea. The survey extends Hammerfest Basin coverage further west and north into the southern Loppa High. The first data will be...
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Petrobras starts decommissioning Campos Basin platform
Brazilian oil and gas giant Petrobras has started decommissioning the P-12 platform in the Campos Basin offshore Brazil. P-12 platform; Source: Petrobras Petrobras informed on Tuesday that, after...
View ArticleABS remote survey certifies steel for Lamprell rigs
The American Bureau of Shipping (ABS) has conducted a remote survey for steel certification at a steel mill to enable work on two Lamprell’s self-elevating drilling rigs. ABS said on Tuesday that the...
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Offshore facility electrification to slash O&G industry’s CO2 emissions,...
Offshore energy research and advisory firm Axiom has studied how the electrification of platforms can have a meaningful impact on the carbon intensity of offshore oil and gas production. The above...
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Rystad expects no new FPSO contracts in 2020 but sees quick rebound next year
Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad Energy believes,...
View ArticleWatch complex subsea operation of installing Dvalin Xmas trees
Wintershall Dea last December installed three Xmas trees on its Dvalin gas development, which has now moved from the drilling phase to the completion phase – into the direction of the first gas. The...
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Equinor picks Aibel for work on Oseberg fields
Norwegian oil major Equinor has awarded compatriot Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026. Equinor said on Wednesday that the aim of the portfolio agreement was to...
View ArticleVaalco Energy stock returns to compliance with NYSE standards
Houston-based oil and gas company Vaalco Energy has regained compliance with the NYSE continued listing standards following a listing warning from the end of April 2020. Vaalco was notified in late...
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BP inks natural gas supply deal with ENN
Energy major BP has signed a natural gas supply agreement with ENN Group (ENN). Courtesy of BP The two companies aim to jointly support the growing energy needs of China’s southern Guangdong region....
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K Line takes stake in 2nd FPSO as it eyes business expansion with Yinson and...
Japanese shipping company K Line has inked a deal with Malaysian energy major Yinson Holdings Berhad and Sumitomo Corporation to participate in the floating production, storage and offloading (FPSO)...
View ArticlePetrofac wins $135 million worth job in Kazakhstan
Petrofac has secured an engineering, procurement, construction, pre-commissioning, and commissioning (EPCC) contract in Kazakhstan worth approximately $135 million. Petrofac said on Thursday that the...
View ArticleReport: Petrobras to launch tender for Brazil’s largest-ever FPSO
Brazilian oil company Petrobras will be launching a tender for the construction of Brazil’s biggest floating production storage and offloading (FPSO) vessel. According to an article by Reuters which...
View ArticleOceaneering connectors for offshore Western Australia project
Oceaneering has won a contract to provide a number of monobore diverless connectors for an offshore Western Australia project. Specifically, the company will supply 3-inch M5 connectors for...
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