Fossil Energy
Ithaca in early return of Eidesvik Offshore vessel
Norwegian shipping company Eidesvik Offshore has received notice of early redelivery from Ithaca Oil and Gas Limited for one of its platform supply vessels (PSVs).
U.S. weekly offshore rig count stuck at 19
The number of offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes Company.
W&T Offshore submits high bids for two Gulf of Mexico blocks
Houston-based oil and gas company W&T Offshore was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 254 held by the Bureau of Ocean Energy Management (BOEM) on March 18, 2020.
KenzFigee enters into offshore cranes pact in Saudi Arabia
Zamil Shipyards, part of Zamil Offshore Services, and lifting equipment specialist KenzFigee have signed a memorandum of understanding (MoU) for the local construction of KenzFigee offshore cranes and equipment.
Popular news, March 16 – 22, 2020
Offshore Energy Today’s most popular news of the past week.
OKEA to postpone all sanction decisions for drilling and seismic programs
As a result of an unprecedented combination of a global pandemic coupled with a dramatic fall in oil prices, Norwegian oil and gas company OKEA will postpone all project sanction decisions and, where possible, further cancel sanctioned plans.
Coronavirus crisis could slow the rate of energy transition, Rystad says
The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel prices. The one energy source that hasn’t blinked though is coal, a fuel that may come out stronger through the current crisis, a Rystad Energy analysis shows.
Bristow adapts three helicopters for transporting coronavirus cases
Offshore helicopter operator Bristow has configured three of its helicopters for transporting coronavirus cases.
UK’s offshore union calls for urgent action to protect North Sea oil & gas industry
UK’s offshore union RMT has called for urgent action to protect Britain’s energy supply chain from collapse amid coronavirus pandemic.
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European gas demand growth nearly wiped out by coronavirus, Rystad says
European gas demand in 2020 is likely to drop by 0.7% compared to the pre-coronavirus forecast, according to Rystad Energy’s most likely scenario.
Woodside reducing number of workers at facilities to minimize coronavirus impact
Australian energy giant Woodside is reducing the number of workers on its facilities in an attempt to minimize the impact of the coronavirus pandemic.
Australia’s offshore regulator transitions to remote work during coronavirus outbreak
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has taken steps to ensure continued support as the country’s offshore energy regulator during the coronavirus outbreak.
CNOOC chooses new executive director and president
China National Offshore Oil Corporation (CNOOC) has appointed a new executive director and president of the company.