Offshore Activity

 

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Jun 12, 2023

Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi labour union said in a statement on Monday. Strike action by drilling workers does not normally affect the output of oil and gas in the short run but could have a greater impact in the longer term as expansion projects and the start-up of new fields could be delayed…

TurkStream Pipeline Back in Operation After Planned Maintenance

Jun 12, 2023

Russian gas producer Gazprom said that a week of maintenance work on the TurkStream pipeline had ended as scheduled on Monday, Reuters has informed. Gas flows in the pipeline, which takes Russian gas to Europe via Turkey, had been switched off on June 5…

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Jun 12, 2023

Active floating drilling rig utilization has rebounded from a low of 65% in 2018 to over 85% in 2023, energy intelligence group Wood Mackenzie said Monday, adding that the growth in demand and rates could even spur construction of new offshore rigs…

VIDEO: U.S. Coast Guard Medevacs Offshore Oil Platform Crewmember

Jun 12, 2023

The U.S. Coast Guard  said Sunday it had medevaced an oil platform crewmember 23 miles southwest of Port Fourchon, Louisiana, Saturday.Coast Guard Sector New Orleans watchstanders received a notification at 4:19 a.m. of a 33-year-old crewmember…

BW Offshore Sells Espoir Ivoirien FPSO

Jun 12, 2023

BW Offshore on Monday closed the transaction for the sale of the FPSO Espoir Ivoirien to its client, CNR International, for $20 million.The closing of the deal comes after several short-term charter extensions for the FPSO operating offshore the Ivory Coast…

Lhyfe and Capital Energy Team Up to Develop Offshore Green Hydrogen Projects in Spain and Portugal

Jun 12, 2023

Green hydrogen specialist Lhyfe and Spanish company Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal.The two companies will work to create hydrogen production…

Aker Solutions Wins First SWIFT Contract at Johan Castberg Field With Equinor

Jun 12, 2023

Norwegian offshore services company Aker Solutions has won a contract with the oil and gas company Equinor to deliver the first Submersible Wireless Installer for Tubing (SWIFT™) for 18 tubing hanger installations on the Johan Castberg field…

Norwind Offshore Expands Fleet with Versatile Offshore Wind Support Vessel

Jun 12, 2023

Norwind Offshore, an offshore vessel company formed in late 2021 by Norway's Farstad, Volstad, and Kleven to be focused purely on offshore wind, has taken delivery of the first of four Commissioning Service Operation Vessels (CSOVs) built by Vard…

First Well Spudded in Danish Underground Consortium's North Sea Infill Campaign

Jun 12, 2023

Drilling operations have started on the HBA-27B well offshore Denmark, with the first of two wells successfully spudded by the jack-up rig Shelf Drilling Winner (ex-Noble Sam Turner).BlueNord (ex-Noreco) and its partners December 2022 reached…

Jan De Nul's Next-Gen Installation Vessels to Install RWE's Offshore Wind Farms

Jun 12, 2023

German renewable energy firm RWE has signed an agreement with Luxembourg-based offshore installation firm Jan De Nul Group to secure the long-term usage of two next-generation installation vessels, “Les Alizés” and “Voltaire, for future offshore wind foundation and turbine construction…

PGS' Seismic Survey Vessel Could Go Idle for 2-3 Months after Abrupt Contract Termination

Jun 12, 2023

Norwegian offshore seismic services company PGS said Monday that a client had terminated its seismic survey contract, first announced in March.On March 2022, PGS said it had secured a 3D exploration acquisition contract with 'a major international energy company…

UK Tax Sweetener Won't Stop Plummeting North Sea Oil, Gas Output

Jun 12, 2023

Once one of the world's key energy sources, Britain's North sea oil and gas output is poised for a further slump after shrinking by two thirds in the past 20 years, leaving the country increasingly dependent on imports. A windfall tax introduced…

Apache Suspends UK North Sea Drilling, Cuts Jobs Citing High Taxes

Jun 12, 2023

U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive.The unit of APA Corp did not say how many workers would be cut as a result of the move…

Nord Stream Sabotage Probe Turns to Clues In Poland - WSJ

Jun 12, 2023

German investigators are examining evidence suggesting a sabotage team used Poland as an operating base to damage the Nord Stream pipelines in the Baltic Sea in September, the Wall Street Journal reported on Saturday.The investigators have reconstructed the two-week voyage of the 'Andromeda'…

Shell Pivots Back to Oil to Win Over Investors - Sources

Jun 09, 2023

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said…

Current News

MSC 107: MODU Code Revised to Improve Asbestos Safety

MSC 107: MODU Code Revised to Improve Asbestos Safety

TurkStream Pipeline Back in Operation After Planned Maintenance

TurkStream Pipeline Back in Operation After Planned Maintenance

More than 900 Norway Offshore Drilling Workers May Strike from June 29

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

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