Fossil Energy
Milaha to add new floating dock to support vessel repair
Qatari maritime firm Milaha has decided to expand its facilities with the acquisition of a new floating dock to support vessels repair and dry-docking.
Popular news, March 2 – 8, 2020
Offshore Energy Today’s most popular news of the past week.
Worldwide offshore rig count in February down two rigs year-over-year
The worldwide offshore rig count in February 2020 has risen by two units sequentially, but dropped by the same number year-over-year, according to a rig count report by Baker Hughes Company.
Two manifolds ready for Wintershall Dea’s Nova field
Wintershall Dea has marked another milestone in the development of its operated Nova field located offshore Norway.
Babcock to provide helicopter transport for three major North Sea operators
Babcock’s Offshore business has secured a new five-year shared contract with three oil and gas operators for helicopter transport in the northern North Sea.
Aker BP gains consent to use Skogul facilities ahead of March start-up
Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has given Aker BP consent to use the facilities on the Skogul field in the North Sea offshore Norway ahead of the planned start-up in March this year.
Tendeka to be in charge of sand-face completion scope on Aker BP fields
Tendeka has received a letter of intent for a substantial multi-million-pound scope to supply sand-face completion equipment to Aker BP’s Norwegian assets.
Deepsea Atlantic rig cleared for work on two North Sea fields
Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for drilling operations in the North Sea using the Deepsea Atlantic drilling rig.
Chevron enters environmentally-friendly decommissioning research pact
The National Decommissioning Centre (NDC) and oil major Chevron have signed an agreement that would support research at the NDC through to 2023.
Petronas umbrella contract award goes to DNeX
Malaysia-based investment holding company Degang NeXchange Berhad (DNeX) has received a Pan Malaysia umbrella contract awarded by Petronas Carigali for the provision of drilling services.
Sentinel Marine secures North Sea work for ERRVs
Sentinel Marine has won a package contract awards and extensions to operate its fleet of ERRVs in the North Sea worth a total of £36 million ($46m).
Solstad picks up CSV extension from Fugro
Norwegian vessel owner Solstad Offshore has won a contract from Fugro for one of its construction support vessels.
OPEC to cut oil production as coronavirus curbs demand
OPEC has recommended the extension of oil production cuts until the end of the year and further cuts until June 2020 due to the impact of the coronavirus outbreak on global oil demand.
Vantage sinks deeper into the red despite growing revenues
Vantage Drilling booked a loss in the last quarter of 2019 despite increase in revenues driven by higher utilization in both jack-up and deepwater segment.