Offshore news
Norco to maintain UK's Alcad batteries for North Sea oil and gas operators
Norco’s team of certified technicians will inspect, survey and maintain the UK’s fleet of Alcad nickel batteries, providing customers with technical support and advice.
SBM Offshore outlines response to Covid-19
The company has said its construction yards in China reopened in February and are now close to planned capacity.
Ardyne awarded P&A and fishing contracts in the North Sea for 175 wells
The projects will commence in 2Q20 and 3Q20.
Paradigm Flow Services recognised for deluge wet testing on North Sea platform
PFS was asked to carry out work to wet test nine deluge systems on Chrysaor's Britannia platform.
Rystad Energy: offshore drillers face contract cancellations worth up to US$3 billion
Of the 100 listed energy service companies analysed by Rystad Energy across the various service segments for this research, more than two-thirds are unlikely to be able to meet their interest payment obligations on time this year.
Upland Resources and Baron Oil relinquish interests in UK offshore licence
The work commitment on Licence P2470 consisted of a small volume of 3D seismic reprocessing.
Shell extends Petrojarl Knarr FPSO contract with Altera Infrastructure
The contract has been extended until at least March 2022.
10 exploration wells in Norwegian Continental Shelf expected to be postponed by Covid-19 and low oil price
In January 2020 there were plans for approximately 50 exploration wells, but this has been reduced to 40 by the effects of the Covid-19 pandemic and low oil prices.
Allseas awarded removal contract for Valhall topsides and jackets
Allseas’ heavy lift vessel Pioneering Spirit will execute the work for Aker BP at the Valhall oilfield between 2021 and 2026.
Risk of suspension looms for top planned exploration wells, says Rystad Energy
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 war.