http://www.worldoil.com WorldOil Neptune Energy awards remote monitoring contract to Fugro https://www.worldoil.com/news/2020/7/1/neptune-energy-awards-remote-monitoring-contract-to-fugro Neptune Energy announced the award of a subsea inspection contract to leading geo-data specialist, Fugro, which will employ state-of-the-art remote monitoring technology to survey subsea structures at the Cygnus gas field in the UK’s southern North Sea. Oceaneering wins inspection services scope in Angola from CABGOC https://www.worldoil.com/news/2020/6/30/oceaneering-wins-inspection-services-scope-in-angola-from-cabgoc Oceaneering International’s Asset Integrity group has secured a three-year contract with Cabinda Gulf Oil Company Limited (CABGOC), a Chevron subsidiary. Oceaneering will provide inspection services onshore Cabinda, Angola, and offshore Angola on Blocks 0 and 14. The contract is scheduled to begin in Q2 2020. CNOOC announces significant South China Sea discovery https://www.worldoil.com/news/2020/6/29/cnooc-announces-significant-south-china-sea-discovery CNOOC Limited has made a significant discovery of Huizhou 26-6 in Eastern South China Sea. It is expected to become the first mid-to-large sized condensate oil and gas field in the shallow water area of Pearl River Mouth Basin. BSEE shares results from 28 unannounced spill response exercises in U.S. waters https://www.worldoil.com/news/2020/6/25/bsee-shares-results-from-28-unannounced-spill-response-exercises-in-us-waters BSEE is publishing its inaugural report that summarizes the key lessons learned from 2018 and 2019 government initiated unannounced exercises. TechnipFMC lands three subsea construction projects offshore Norway https://www.worldoil.com/news/2020/6/23/technipfmc-lands-three-subsea-construction-projects-offshore-norway The projects in scope are Breidablikk and the Gas Import System for the Snorre Expansion Project, for which contracts have been awarded, and Askeladd Vest, for which a letter of intent has been issued. The Breidablikk contract has subsea installation as an option. Trendsetter introduces modular offshore intervention system https://www.worldoil.com/news/2020/6/22/trendsetter-introduces-modular-offshore-intervention-system Trendsetter Engineering introduced its Trident Intervention System, designed for rapid reconfiguration in the field, providing the flexibility to conduct intervention riser, riserless wireline intervention and hydraulic stimulation operations all with a single system. U.S. oil gaining appeal in Asia as OPEC+ suppliers limit output https://www.worldoil.com/news/2020/6/22/us-oil-gaining-appeal-in-asia-as-opecplus-suppliers-limit-output Refiners in the top crude-importing region have been forced to accept big reductions in their regular contracted volumes from producers including Saudi Arabia and Iraq in the past couple of months. They’ve also been taken aback by sharp swings in official selling prices. KandD Pratt ‘gravely concerned’ for Canadian offshore oil industry’s future https://www.worldoil.com/news/2020/6/19/kd-pratt-gravely-concerned-for-canadian-offshore-oil-industry-s-future KandD Pratt has expressed grave concern for the economic future of the province without a solid investment from the Government of Canada in Newfoundland and Labrador’s offshore industry. Oceaneering working to streamline bulk cargo logistics operations https://www.worldoil.com/news/2020/6/17/oceaneering-working-to-streamline-bulk-cargo-logistics-operations Oceaneering announced the launch of a new business, OceanSMART Cargo Logistics and Maritime Technology, which aims to eliminate waste and increase transparency within the bulk commodity cargo logistics industry. BP takes largest writedown since Macondo as Covid saps oil demand https://www.worldoil.com/news/2020/6/15/bp-takes-largest-writedown-since-macondo-as-covid-saps-oil-demand In a dramatic revision that prompted questions about the affordability of its dividend, the British giant cut its estimates for oil and gas prices in the coming decades between 20% and 30%. It also expects the cost of carbon emissions to be more than twice as high as before.