Tagged Offshore

Equinor farms out two Norwegian licences to Lime Petroleum

Rate this article By Nermina Kulovic Lime Petroleum has signed an agreement with Equinor to acquire 20 per cent interests in each of the licences PL263D and PL263E located in the Norwegian Sea. The post Equinor farms out two Norwegian… … Read Full Article Here For more great articles: Offshore Energy Today

Petrobras looking to cut costs through severance plans

Rate this article By Nermina Kulovic Petrobras has made plans to achieve additional cost reductions through its incentive retirement and voluntary severance programs, which will affect around 3,800 employees. The post Petrobras… … Read Full Article Here For more great articles: Offshore Energy Today

Prosafe in talks with operators over possible contract changes

Rate this article By Nermina Kulovic Prosafe, a provider of semi-submersible accommodation rigs, is in talks with operators related to potential contract changes for its units. The post Prosafe in talks with operators over possible… … Read Full Article Here For more great articles: Offshore Energy Today

World’s top exploration wells at risk, Rystad says

Rate this article By Nermina Kulovic At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price… … Read Full Article Here For more great articles: Offshore Energy…

Shell extends contract for Petrojarl Knarr FPSO

Rate this article By Nermina Kulovic Shell has awarded a contract extension to the Petrojarl Knarr FPSO owned by Altera Infrastructure, previously known as Teekay Offshore. However, some of the terms of the contract have been changed,… … Read Full Article Here For more great articles: Offshore Energy Today

Kosmos sheds light on Greater Tortue Ahmeyim delay

Rate this article By Adnan Bajic Dallas-based Kosmos Energy noted that the Coronavirus impact on time-critical workstreams resulted in the delay of the Greater Tortue Ahmeyim LNG project’s timeline delay. The post Kosmos sheds… … Read Full Article Here For more great articles: Offshore Energy Today

MHI Vestas turbines for 700 MW Japanese offshore wind project

Rate this article By Nadja Skopljak Renova has selected MHI Vestas to supply turbines for the Akita Yurihonjo offshore wind project in Japan. The project is expected to have a power generating capacity of approximately 700 MW, making it one of the largest offshore wind farms in Japan. “The Yurihonjo project will be a pioneer…

Seadrill gets NYSE listing warning

Rate this article By Nermina Kulovic Offshore drilling contractor Seadrill Limited has been given a continued listing standard notice from the New York Stock Exchange (NYSE). According to the notice, received on 26 March 2020, the company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price…