10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • UK operator sees last rig in its fleet off to scrap yard

    23 June 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    After completing the sale of a rig, which has been stacked for years, Awilco Drilling is left with no other drilling assets in its fleet.

  • OEG Offshore makes multi-million investment to pursue net zero ambitions

    17 February 2023
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Technology, Transition

    OEG Offshore has made a multi-million investment in SEAJET Systems, the developer of a trailblazing electric subsea excavation solution that is said to reduce CO2 footprint by 40 per cent. OEG Offshore said that the commitment to SEAJET is a further development in its move into the clean-tech sector and marks a significant milestone for […]

  • Sumitomo subsidiary enters UK carbon storage sector

    17 November 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Carbon Catalyst has entered into an agreement with Summit Energy Evolution Limited (SEEL), a wholly owned subsidiary of Sumitomo Corporation, for the farmout of a 10% interest in a North Sea carbon capture and storage (CCS) project. Carbon Catalyst announced it had reached an agreement with SEEL to farmout a 10% working interest in the […]

  • Well-Safe preparing for rig acceptance audits

    2 April 2021
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Operations & Maintenance, Safety

    Well-Safe Solutions has completed the intake of its new asset, the Well-Safe Protector, and is now preparing for rig acceptance audits in the coming weeks.

  • Acoustic Data rolls out high expansion retainer

    5 October 2020
    Operations & Maintenance, Safety, Technology

    UK-based wireless well technology player Acoustic Data has developed a new slickline deployed high expansion retainer for cement and metal alloy plug and abandonment (P&A) applications. In the case of new-generation metal alloy plugs, the HEX-Retainer can integrate with the company’s SonicGauge plug verification system (PVS) for real-time long-term barrier integrity monitoring purposes. The SonicGauge […]

  • Stena Drilling drillship wins work in the Mediterranean

    12 October 2020
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Stena Drilling has won a new contract for its ultra-deepwater drillship Stena Forth in the Mediterranean Sea offshore Israel.

  • New Subsea Player Wins Decom Support Gig in Tunisia

    2 February 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The newly merged Underwater Engineering Services (UES) and Seanic Oceans Systems has secured its first contract in Tunisia. As part of the merger between their parent companies ATR Group and Centurion Group last year, the newly formed business of UES Seanic will support Oceana Subsea on a decommissioning campaign in Tunisia, North Africa. UES Seanic […]

  • Tamarind eyes more Tui stake (New Zealand)

    14 December 2016

    Tamarind Management has made a move to buy more stake in the Tui area oil fields offshore New Zealand after it had entered into an agreement with the operator AWE to buy its entire 57.5% interest in the area.  Namely, AWE concluded its divestment program on Tuesday after agreeing to sell the Tui area oil fields to […]

  • BP, Helix agree to delay Q5000 contract

    27 February 2015
    Equipment

    Helix Energy Solutions Group, Inc. has entered into an agreement with BP Exploration & Production to amend their existing 2013 agreement  for the Q5000 well intervention vessel.  The start of the the well intervention services work in the U.S. Gulf of Mexico, previously scheduled to begin in the third quarter of 2015, will be postponed […]

  • GMB Scotland considers strike action

    17 February 2015

    GMB Scotland officers are to seek permission from GMB Scotland Regional Committee to move to ballot members covered by the Offshore Contractors Agreement over possible strike action following what they say are unilateral changes to working conditions. The union says that this follows lack of progress when GMB and Unite met with representatives of the […]

  • ALE and Ravestein Enter Heavylift Joint Venture

    4 November 2015
    Business & Finance, Operations & Maintenance

    Staffordshire-headquartered heavy transportation and lifting contractor ALE and Dutch large steel constructions specialist Ravestein have announced a new joint venture to own and operate submersible jack-up docks, with the first one scheduled to be launched in the first quarter of 2016. Through the new joint venture the companies will provide the full operational and logistics services, including marine […]

  • TEK-Ocean eyes more Bass Strait opportunities with new board appointment

    2 February 2022
    Business Developments & Projects, Human Capital, Outlook & Strategy

    Australian energy services provider TEK-Ocean Group has made changes to its Board of Directors by appointing a new non-executive director who spent the last 40 years with ExxonMobil, an American oil and gas company.

  • SapuraKencana, Proserv in Asia Pacific Pact

    11 January 2017
    Business & Finance, Equipment, Operations & Maintenance

    SapuraKencana’s subsidiary, SapuraKencana Technology (SK Technology) and Proserv are joining forces to provide technology services in Asia Pacific. They will jointly provide a range of services across the drilling, production, maintenance and decommissioning market sectors with a strong focus on subsea production and subsea maintenance services. The partnership will leverage on mutual strengths, Proserv’s suite […]

  • Popular news, March 16 – 22, 2015

    22 March 2015

    The most popular article during the week of March 16 – 22, 2015 was about Transocean sending more rigs to the scrapyard. The rig decommissioning story was followed by a piece on an incident in the UK North sea, where a supply vessel crashed into a platform. You also read about Chevron’s giant Big Foot platform leaving […]

  • Prosafe sees red ink as revenues slip on lower utilization

    24 August 2017
    Exploration & Production

    Prosafe, an Oslo-listed owner of accommodation rigs also known as flotels, sank to a loss during the second quarter of 2017 as its revenues nearly halved due to lower utilization and chopped dayrates.  In its report on Wednesday, Prosafe posted a net loss for the second quarter 2017 of $33 million compared to a profit […]

  • Jurong Shipyard Bags $364M Helix Gig

    12 September 2013

    Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$346 million contract to build a second semi-submersible well intervention rig for Helix Energy Solutions Group, Inc. (Helix), a market leader in subsea well intervention services. Scheduled for delivery in mid-2016, the semi-submersible light well intervention rig will be built based on a design jointly developed by […]

  • Film-Ocean expanding ROV fleet and workforce

    8 March 2021
    Business Developments & Projects, Equipment, Human Capital, Technology

    Aberdeenshire-based ROV specialist Film-Ocean has recently invested a six-figure sum in a Schilling heavy duty work class ROV and said it plans to further expand its workforce. The Schilling ROV can operate at depths of up to 4000 metres, supported by an Active Heave Compensation Launch and Recovery Systems (AHC LARS). The vehicle can carry […]

  • Two OOS Offshore Wind-Friendly SSCVs Under Construction

    25 May 2018
    Business & Finance

    China Merchants Heavy Industry started building OOS International’s new semi-submersible crane vessel (SSCV) OOS Walcheren on 24 May at its Jiangsu yard, while the first of the two ordered SSCVs, OOS Serooskerke, is already under construction in Haimen and due for delivery in mid-2019.

  • Two OOS Offshore Wind-Friendly SSCVs Under Construction

    25 May 2018
    Business & Finance

    China Merchants Heavy Industry started building OOS International’s new semi-submersible crane vessel (SSCV) OOS Walcheren on 24 May at its Jiangsu yard, while the first of the two ordered SSCVs, OOS Serooskerke, is already under construction in Haimen and due for delivery in mid-2019.

  • Det norske to scrap Vette field development plans

    14 March 2016

    Following a decision to decommission its Jette field in Norway, after only three years in production, Det norske, a Norwegian oil and gas company, is now contemplating scrapping the development plan for Vette (Bream), another oil field located offshore Norway. The company bought its stake in the North Sea-located field through the acquisition of Premier […]

  • Top News of the Week of Jul 21 – Jul 27, 2014

    27 July 2014
    Business & Finance, Equipment, Operations & Maintenance

    1. POSH MOGAMI Barge Sinks Offshore Batam The Maritime and Port Authority of Singapore (MPA) received a report that a Singapore-registered barge POSH MOGAMI sank 2 nautical miles northeast of Sekupang, Batam, on Friday (18 July) night. 2. SPT Offshore, VSF to Build Test Frame for ‘Pieter Schelte’ For the testing of the lift systems for […]

  • Offshore regulator looks at ExxonMobil’s well abandonment at Jotun B

    17 October 2017

    Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has found several improvement points during an audit of ExxonMobil’s Jotun B platform offshore Norway.  The Jotun field is located in the North Sea, 200 km west of Stavanger. Water depth at the site is 126 meters. The field was developed with two installations, a wellhead platform Jotun […]

  • IHC Merges Four Units into IHC IQIP

    6 March 2015
    Business & Finance, Operations & Maintenance

    Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, which will operate under the name IHC IQIP. Through this merger, IHC is taking the next step in offering a fully integrated solution for on- and offshore […]

  • IHC’s Hi-Traq Trencher Wins British Engineering Exellence Award

    14 October 2014
    Technology

    IHC Merwede’s Hi-Traq trencher won the New Mechanical Product of the Year award at British Engineering Excellence Awards (BEEAs) event held on October 9 in London.  Mechanical products come in all shapes and sizes, but IHC’s Hi-Traq subsea crawler vehicle is big. And the design challenges involved were equally large. Hi-Traq provides the ability to ensure safe […]

  • EolMed floating wind project to feature MHI Vestas 10 MW turbines

    5 October 2020
    Business Developments & Projects, Project & Tenders

    Qair, formerly known as Quadran Énergies Marines, has signed a preferred supplier agreement with MHI Vestas for three 10 MW offshore wind turbines for the EolMed floating wind pilot project in France. This will be the second floating wind project in which the company’s V164 turbine’s nominal capacity is brought to 10 MW, following Eoliennes […]