Sevan Drilling News

 

Magnora Separates FPSO from Renewables Business

Jan 19, 2024

Oslo-listed company Magnora has decided to separate its legacy business, the divested segment related to floating production storage and offloading (FPSO) units for oil and gas industry, from its renewables business, with significant activity in the offshore wind industry.During 2023, Magnora’s renewable business shifted gears with considerable growth in profits, prompting the company to reconsider…

Esgian Week 23 Report: Semisub Action in Norway, Australia

Jun 09, 2024

Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together…

Esgian Week 20 Report: Update on Saudi Suspensions

May 19, 2024

Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…

Sevan Unveils Concrete Construction Option for Its Floating Wind Foundation

Jul 04, 2023

Offshore engineering and design company Sevan, best known for designing cylindrical offshore facilities such as FPSOs and offshore rigs, and which in 2021 announced entry in the floating wind game with its SWACH floating wind foundation design…

Offshore Accommodation Firm Prosafe Appoints Interim CEO

May 25, 2023

Prosafe, an Oslo-listed offshore accommodation rig provider, has appointed Reese McNeel, the current CFO, to interim CEO and CFO effective immediately.The decision follows after Jesper Kragh Andresen, the current CEO, said he would in April…

Aibel Wins Contract for Completion of Shell's Penguins FPSO

Mar 07, 2023

Norwegian energy industry engineering and construction service firm Aibel has won a contract for tasks related to the completion of Shell’s Penguins floating production, storage, and offloading (FPSO) unit, which recently arrived in Norway.The Penguins FPSO…

Shell's 34,000t North Sea-bound Penguins FPSO Leaves Chinese Shipyard

Dec 09, 2022

Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: 'Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao…

Construction of Shell's Penguins FPSO Completed in China

Dec 01, 2022

The construction of the Penguins FPSO for Shell's namesake field in the UK North Sea has reportedly been completed in China.CGTN, the China Global Television Network website, on Thursday, shared a video of the completed Penguins FPSO, and said the 118-meter-tall cylindrical FPSO…

New Fortress Finalizes Deal to Develop Lakach Gas Project in Mexico Using FLNG

Nov 22, 2022

U.S.-based firm New Fortress Energy Inc. said Tuesday it had finalized agreements with Mexico’s state-owned oil company Pemex, to develop and operate an integrated upstream and natural gas liquefaction project to develop the Lakach deepwater gas field off Veracruz in Southeastern Mexico…

NFE Taps Sembcorp Marine to Convert Offshore Drilling Rigs to FLNG Units

Oct 20, 2022

Singapore's Sembcorp Marine has signed Master Service Agreements with New Fortress Energy Inc. for the engineering and conversion of two Sevan cylindrical drilling vessels into Floating LNG ('FLNG') liquefaction facilities, including the fabrication and integration of LNG topside modules…

Ping Names Avalon FPSO Excalibur

Aug 04, 2022

Malaysia's Dagang NeXchange Berhad (DNeX), via its subsidiary Ping Petroleum, has renamed its recently acquired floating production storage and offloading (FPSO) vessel to Excalibur.Previously known as the Sevan Hummingbird, the renaming ceremony was recently held in Port of Nigg…

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Jul 04, 2022

Teekay Corporation has found a new home for its Sevan Hummingbird FPSO following its recent departure from the Chestnut field in the UK North Sea, after 13 years of production there for Centrica's Spirit Energy. The cylindrical FPSO has been…

Pemex, New Fortress Energy Ink Deal on $1.5B Offshore Gas project

Jul 04, 2022

Mexican oil and gas company Pemex has signed a letter of intent with the U.S.-based company New Fortress Energy to resume work on a $1.5 billion offshore gas project in Mexico, Pemex Chief Executive Octavio Romero said on Friday.The agreement…

Sevan Hummingbird FPSO Set to Leave Chestnut Field in North Sea

Jun 23, 2022

Teekay's Sevan Hummingbird FPSO is set to leave Spirit Energy's Chestnut oil field in the North Sea after 13 years of oil production at the site.According to notice to mariners issued by Teekay on Thursday, the FPSO is currently being disconnected from its moorings…

Demand for FSRUs Soars as Europe Works to Cut Reliance on Russian Gas

Jun 21, 2022

Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas. FSRUs increasingly are in demand to fill the gap.Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas…

Logistics News

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Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

Panama Canal Vessel Transits Increase to 34 Per Day in April

Panama Canal Vessel Transits Increase to 34 Per Day in April

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Cavotec Signs $8.99 Million Shore Power Order

Cavotec Signs $8.99 Million Shore Power Order

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