Offshore Energy News

 

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

2 hours ago

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 sold to Ping Petroleum UK which will use the floater for the development of its Avalon field in the UK North Sea and could power it using a floating wind turbine…

Norwegian Offshore Oil Workers to Go on Strike on Tuesday

few minutes ago

Norwegian offshore workers will likely go on strike on Tuesday in an industrial action that will cut oil and gas output as the negotiating parties have not made progress, the union and the lobby representing oil companies said on Monday.'As it stands now…

Norway Greenlights Increased Gas Production at Several Offshore Fields

2 hours ago

Norway's oil ministry on Monday said it had approved adjusted production permits for six offshore fields but that would not change the expected amount of gas Norway would export in 2022.The Nordic country expects to sell some 122 billion cubic meters of gas this year…

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

3 hours ago

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…

Fire Extinguished at Equinor's Largest Refinery

5 hours ago

A fire that broke out at Equinor's Mongstad oil refinery on Norway's west coast early on Sunday was now extinguished, the company said, affecting the unit producing gasoline.The fire broke out in a part of the refinery that produces gasoline…

Cutting Emissions: Vestas Testing Use of Hydrogen-powered Crew Transfer Vessel

5 hours ago

Danish offshore wind turbine manufacturer Vestas is partnering up with Windcat Workboats to launch a pilot program to explore how 'the world’s first' hydrogen-powered crew transfer vessel (CTV) can help reduce carbon emissions from its offshore service operations…

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

6 hours ago

More than two dozen crew on an engineering [reportedly an offshore wind] vessel [Fujing 001] with 30 people on board were missing after it snapped in two in waters off Hong Kong as tropical storm Chaba passed through, authorities said.Three crew members were rescued…

Jadestone Restarts Output From Montara Field after Halt Due to Oil Leak from FPSO Tank

7 hours ago

Asia Pacific-focused oil and gas company Jadestone Energy has resumed production from its Montara Venture FPSO in Australia, following a recent halt due to an oil leakdue to a 30 mm tank crack.Jadestone in June said that oil had spilled at Montara field offshore Australia…

Hezbollah Sends Drones Towards Drillship at Israel's Karish Offshore Gas Field

7 hours ago

Lebanon's Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig [Stena Drilling's Stena IceMax drillship], which the Israeli military said it had intercepted.The Iranian-backed Shi'ite armed group said the drones launched towards the Karish gas field…

Norway Strike Could Cut Gas Output by 13%

8 hours ago

A planned strike [this week] by Norwegian energy sector workers could cut the country's gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers' group the Norwegian Oil and Gas Association (NOG) said on Sunday.Oil output could be cut by 130…

Cadeler Secures $192,3M Loan to Fund New Offshore Wind Vessels

Jul 01, 2022

Offshore wind installation contractor Cadeler has entered into a Senior Secured Green Revolving Credit Facility (“RCF”) of a 3-year term loan of EUR 185 million (around $192,3 million). Together with the company’s cash and cash equivalents,…

Aker BP Takes Over Lundin Energy's Oil and Gas Business

Jul 01, 2022

Norwegian oil and gas company Aker BP has taken over Lundin Energy's oil and gas operations, creating the second largest operating oil and gas company on the Norwegian continental shelf.Aker BP said in December 2021 it had agreed to acquire Lundin Energy's oil and gas business…

Deirdre Michie to Step Down as Offshore Energies UK CEO

Jul 01, 2022

Deirdre Michie OBE has decided to step down as Chief Executive of Offshore Energies UK, formerly known as Offshore Oil and Gas UK (OGUK).Michie will hand over the reins at the end of the year after almost eight years at the helm of the offshore energy industry trade body in the UK…

Strohm to Deliver TCP Subsea Water Alternating Gas (WAG) Jumper for Exxon's Guyana Project

Jul 01, 2022

U.S. oil major ExxonMobil is set to install a subsea water alternating gas (WAG) jumper made from Strohm’s Thermoplastic Composite Pipe (TCP) on the Liza Phase 2 project offshore Guyana. This will be followed by a multi-jumper deployment campaign…

Canada Eyes Offshore Wind Development in Newfoundland and Labrador and Nova Scotia

Jul 01, 2022

The Impact Assessment Agency of Canada has started the planning phase for the Regional Assessment of Offshore Wind Development in Newfoundland and Labrador and Nova Scotia. The goal of the regional assessment is to help inform future project…

Current News

Five-year Plan: U.S. to Hold Between Zero and 11 Offshore Drilling Lease Sales

Five-year Plan: U.S. to Hold Between Zero and 11 Offshore Drilling Lease Sales

Norwegian Offshore Oil Workers to Go on Strike on Tuesday

Norwegian Offshore Oil Workers to Go on Strike on Tuesday

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Norway Greenlights Increased Gas Production at Several Offshore Fields

Norway Greenlights Increased Gas Production at Several Offshore Fields

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