A jack-up drilling rig has sunk after one or more of its legs penetrated the seabed off the coast of Sarawak, Malaysia on Monday, Malaysia-based drilling contractor Velesto Energy has…
ConocoPhillips
COLUMN | More mistakes? Velesto, Shearwater, PXGEO and Polarcus, P&O Maritime Logistics, Bourbon Oceanteam and Boskalis, and James Fisher Subtech [Offshore Accounts]
Last week we looked at mistakes – mistakes from lenders in Singapore to Swiber and KrisEnergy (here), and a terrible error of judgement that led to the capsizing and si ..
Latest corporate climate progress: Plenty of work still remains
With the help of several think tanks and members, Climate Action 100+ — the largest investor-led initiative on climate change — released its first net-zero company benchmark this week.
The good news: 52% of the focus companies seek to become net-zero by 2050, if not sooner. The not-so-good: Less than half of those companies setting that ambitious goal actually cover the full scope of most material emissions.
“We see some progress, but we also see that in certain areas across the board,...
https://s29755.pcdn.co/news/latest-corporate-climate-progress-plenty-of-work-still-remains
Consortium installs 3D printed parts onboard oil tanker
ABS, Sembcorp Marine, 3D Metalforge and ConocoPhillips Polar Tankers Inc. (Polar) have successfully fabricated, tested, and installed functional additive manufactured parts on board the oil tanker…
https://www.offshore-energy.biz/consortium-installs-3d-printed-parts-on-oil-tanker/
ConocoPhillips Announces Significant Gas Discovery Offshore Norway
Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest of the Heidrun oil and gas field and 150 miles (241.4 km) from the coast of Norway in the Norwegian Sea....
COLUMN | Prelude FLNG woes spell problems for Shell, Australia and neighbours too [Offshore Accounts]
In any analysis of which oil and gas player was the most technically competent and cutting-edge, Shell would have to rank near the top, if not number one. Indeed, the ..
Heerema completes decommissioning work for ConocoPhillips off Norway
Heerema Marine Contractors has completed a decommissioning project for ConocoPhillips at the Greater Ekofisk Oil Field on the Norwegian continental shelf. The ..
The ..
Oil majors’ global selling spree could fetch US$27 billion
Oil and gas giants are looking to sell assets that could fetch a total of $27.5 billion, as they are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, with the added benefit of pleasing shareholders who are calling for stricter capital discipline, according to energy research firm Rystad Energy.
The expected transactions mean some of the majors are poised to exit certain regions, giving regional players and independents a chance to buy...
https://safety4sea.com/oil-majors-global-selling-spree-could-fetch-us27-billion/
PSA Norway finds one non-conformity on Eldfisk Complex
From 8 to 11 April 2019, Norway’s Petroleum Safety Authority carried out an audit of ConocoPhillips Skandinavia AS (Copsas)’s management of emergency preparedness at the Eldfisk Complex, identifying a non-conformity relating to deficiencies in signage and marking.
The objective of the audit was to review and assess Copsas’s management of emergency preparedness at the Eldfisk Complex.
We wanted to monitor the processes that Copsas has established to ensure that assumptions, limitations and...
https://safety4sea.com/psa-norway-finds-one-non-conformity-on-eldfisk-complex/
Why Innovate?
Carleen Lyden – Walker
Why Innovate?
Looking Ahead with SeaAhead
It was my distinct honor yesterday to attend a Maritime Innovation Summit hosted in Boston by SHIPPINGInsight Partner, SeaAhead. This was a gathering in an area they term the “Innovation Cluster” and, judging from the range of technologies and innovations discussed, they may well be giving Silicon Valley a run for its money!! It was also terrific to see the range of maritime interests in attendance: Shell, Marsoft, Moran Shipping,...