5405 results found for 'prosafe'

5405 results found for 'prosafe'
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  • Odfjell Drilling Provides Engineering Services for Lundin

    8 March 2013
    Business & Finance

    Lundin Norway AS has awarded Odfjell Drilling a frame agreement for engineering services. The first project comprises verification of the rig Safe Boreas which is under construction. “We are pleased to announce the award of an engineering frame agreement with Lundin Norway which we see as a very attractive client on the Norwegian continental shelf. […]

  • Norway: BW Offshore Revenues Drop. Conversion of Two FPSOs Completed

    14 February 2012
    Business & Finance

    BW Offshore, the world’s second largest Floating Production Storage and Offloading (FPSO) owner and operator, reports an EBITDA of USD 72.8 million in the fourth quarter of 2011 compared to USD 76.7 million in the previous quarter. The decrease resulted mainly from the lower revenues from the OSX project as the project is completed. BW […]

  • As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next

    25 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil and gas arsenal, with four regions pinpointed as the ones where this merger will have the strongest impact.

  • DHT Holdings bags financing for future-fit VLCC quartet

    31 July 2025
    Business & Finance, Business Developments & Projects, Vessels

    Bermuda-headquartered crude oil tanker company DHT Holdings has entered into a $308.4 million senior secured credit facility for the post-delivery financing of four of the company’s newbuilds currently under construction in South Korea. The vessels in question are a quartet of environmentally friendly very large crude carriers (VLCCs) booked by DHT Holdings in February last […]

  • Yokogawa Wins Supply Contract for Chevron’s Wheatstone Project (Australia)

    19 November 2012
    Business & Finance, Equipment

    Yokogawa Australia has won a supply bid from Bechtel for integrated control and safety systems for the Chevron-operated Wheatstone Project west of Onslow, Western Australia. The contract, which is worth approximately AUD $20 million, will see the majority of the manufacturing work completed at Yokogawa facilities in Australia. Yokogawa will be supplying the CENTUM® VP […]

  • BW Offshore bags new FPSO extension with Eni

    7 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BW Offshore has secured another contract extension with Eni for one of its FPSOs for operations on a field located offshore Nigeria.

  • Billionaire Fredriksen steps down as Seadrill Chairman

    21 November 2019
    Business & Finance, Exploration & Production

    “My close involvement and strong support of Seadrill will remain unchanged.”

  • Report: BP removes two workers from North Sea platform after syringe found

    20 April 2016
    Exploration & Production

    Oil giant  BP has reportedly removed two workers from its ETAP project, in the UK sector of the North Sea, after finding a syringe on an accommodation rig.  According to Oil and Gas People, an oil industry’s job site, the incident happened on Prosafe’s 1982-built flotel Safe Caledonia that is under a contract with BP […]

  • BW Offshore Q4 2010 and Preliminary Results 2010 (Norway)

    22 February 2011
    Business & Finance

    BW Offshore,a leading global provider of floating production services to the oil and gas industry, announces Q4 2010 and preliminary results 2010. Operating revenues were 255.8 million, an increase of USD 198.1 million (343%) compared to USD 57.7 million in Q4 2009. BW Offshore obtained control of Prosafe Production Ltd (PROD) on 1 October 2010. […]

  • FPSO gets more time with Eni off Nigeria

    3 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BW Offshore has secured a short-term contract extension with Eni for one of its FPSOs for operations offshore Nigeria.

  • Yokogawa Nabs Yamal LNG Contract

    7 January 2014
    Project & Tenders

    Yokogawa Electric Corporation said that its subsidiary Yokogawa Europe Solutions has been awarded a contract by Yamgaz, a consortium of Technip and JGC Corporation, to supply integrated control and safety systems (ICSS) for the Yamal LNG project to build a liquefied natural gas plant and other facilities at Sabetta on Russia’s Yamal Peninsula. The Yamal […]

  • Aker Solutions to modify Ekofisk topsides for Tommeliten Alpha tie-back

    10 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Aker Solutions has been awarded a large topside modification contract by ConocoPhillips for the Tommeliten Alpha project offshore Norway.

  • Top Stories of the Week (Nov 4 – Nov 9, 2013)

    10 November 2013

    Video: Float-Out of the Norwegian Getaway at MEYER WERFT The 146,600 gt cruise ship Norwegian Getaway has left MEYER WERFT’s covered building dock II. The float-out of the ship, which is built for the US cruise operator Norwegian Cruise Line, started in the morning hours of Nov 2nd 2013. One More Nine-Digit Contract for HMD […]

  • Cathelco ICCP Systems Safeguard Offshore Structures and Vessels

    19 February 2013

    One of the largest offshore accommodation units in the world will be installed with a Cathelco impressed current cathodic protection system to protect its underwater surfaces against corrosion. The Prosafe GVA3000E, currently under construction at the Jurong Shipyard in Singapore, will eventually be positioned on the North Sea Norwegian continental shelf where it will provide […]

  • Siemens and Paragon join forces on novel hydrogen production technology

    30 July 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Siemens and Paragon Resources have entered a memorandum of understanding (MoU) to jointly scale production of hydrogen using a novel process that reportedly eliminates the need for fossil fuels or external electricity sources.

  • Worley to conduct EPC services on CNOOC’s UK North Sea assets

    15 April 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Australian engineering company Worley has been awarded a two-year contract extension to provide engineering, procurement, and construction (EPC) services to CNOOC Petroleum Europe’s three operated assets in the North Sea.

  • Cosco delays offshore rig delivery for one year

    11 November 2016
    Exploration & Production

    Chinese offshore rig builder Cosco has agreed to delay the delivery of a semi-submersible tender assist rig at a request of a client. In a statement on Friday, Cosco Guandong said it has, with the rig owner, agreed to delay the delivery of the rig until November 30, 2017. To remind, the Edrill-3 rig, ordered in 2013 […]

  • SembMarine’s 1Q profit down 14 percent

    27 April 2015
    Business & Finance, Exploration & Production

    Singapore’s Sembcorp Marine, a company building offshore drilling rigs, has achieved a net profit of $106 million for the three months ended March 31, 2015, which represented a 14% decline compared with $122 million in 1Q 2014. Group turnover for three months ended March 31, 2015 declined 2% year-on-year to $1.30 billion, which compares with $1.34 […]

  • Port of Nigg’s owner passes the baton to Japanese investor

    31 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including The Port of Nigg.

  • Prosafe’s fleet utilization rate rebounds from last year’s drop in activity

    21 May 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Vessels

    Norway’s Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during 1Q 2024.

  • Van Oord’s new subsea rock installation vessels bear Ulstein design

    23 July 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    Van Oord’s new subsea rock installation vessels, recently ordered from the Chinese shipyard Yantai CIMC Raffles Offshore, have been designed by Norway’s Ulstein. Working in close collaboration with Van Oord’s technical team, Ulstein said it supported the selection of the optimal vessel size and configuration, with focus on balancing technical parameters to meet functional requirements. […]

  • Statoil working to boost recovery rates from Oseberg Øst

    3 July 2014
    Business & Finance

    On Wednesday 2 July it was made public that Prosafe Offshore has been awarded a contract for the use of Safe Scandinavia in connection with this campaign. Support vessel Safe Scandinavia is currently a flotel, but it will be modified to enable it to store and treat drilling fluid and cuttings as the drilling operations […]

  • Esbjerg Port Becomes Important Hub for Upgrade and Repair of Drilling Rigs

    24 September 2013
    Business & Finance

    Two years after the establishment of Semco Maritime’s new rig yard at the port of Esbjerg, Esbjerg has developed into an important international hub for upgrade and repair of drilling rigs in the North Sea. The activity is high at yard in Esbjerg, where about 100 people are engaged in the service and upgrade of […]

  • BW Offshore’s arbitration saga with Brazilian firm ends in settlement

    3 April 2025
    Authorities & Government, Business Developments & Projects, Regulation & Policy

    Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

  • Popular offshore industry news in 2Q 2019

    1 January 2020

    The most popular news at Offshore Energy Today during the second quarter of 2019.