GALLERY: Lukoil installs jackets for ice-resistant platform in Caspian Sea
Source: Lukoil Russia’s Lukoil has completed the installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea. Before shipping to the sea, more than 3,700 tonnes heavy jackets were moved up to the cargo pontoon Rahman Sharifov and floated off. The offshore operations involved over three hundred […]
Supergen ORE Hub launches ECR research fund call
The Supergen Offshore Renewable Energy Hub is inviting applications for the Early Career Researcher (ECR) Research Fund. The fund is designed to be a flexible research fund for ECRs to support small activities that either supports and develops existing research activities, or develops skills further. Research activities should also align with the objectives of the […]
Fugro wins another ONGC survey gig off India
Fugro has secured a fourth consecutive contract from Oil and Natural Gas Corporation (ONGC) in India for integrated survey services. Work is now underway on the latest 3-year contract, covering infield developments on the east and west coasts of India. The survey services include pipeline route engineering and rig site surveys. Fugro will carry out […]
Ocean Yield to book $130 million in impairments for two vessels
Norwegian vessel owner Ocean Yield expects to book impairments of $130 million in total in its 3Q 2020 financial statements for an FPSO and offshore construction and cable-lay vessel. According to Ocean Yield, the COVID-19 pandemic and a lower oil price have led to an expected delay in the recovery within the oil-service segment. For […]
OPT books $3.4M quarterly loss
OPT Ocean Power Technologies (OPT) has recorded around 13 per cent increase in net loss for the first quarter of fiscal 2021 as compared to the same period last year. The Q1 of FY21 net loss was $3.4 million, against $3 million in the prior-year comparable period. According to OPT, the loss was specifically attributable […]
Subsea 7 taps JDR for Elgood umbilical
Subsea umbilical and cable supplier JDR has agreed a new contract with Subsea 7 to supply a 9.3-kilometre production and control umbilical, topside equipment and subsea terminations for the Elgood field in the UK Continental Shelf. The umbilical delivery will take place in Q2 2021 and will connect the Elgood subsea well to the Blythe […]
UK: OGA seismic data for potential carbon and hydrogen storage sites
Oil and Gas Authority UK (OGA) will disclose ‘vital’ historic seismic data that could help explorers and developers spot potential carbon and hydrogen storage sites in the North Sea. Following consultation in 2019, the OGA has decided to make seismic data available, under an exploration licence and which are more than 10 or 15 years […]