Offshore Activity - page 6

 

Norway's December Oil Output Lags Forecast by 10%

Jan 20, 2023

Norway's crude oil output rose in December from the previous month, but lagged the official forecast, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output rose to 1.77 million barrels per day (bpd) in December…

King Charles Suggests $1.1B Offshore Wind Farm Deal Profits Should Go to Society, Not Royal Family

Jan 20, 2023

King Charles told the British government he would like the expected surge in profit from a 900 million pound ($1.1 billion)-a-year wind farm deal for his Crown Estate to go to the 'wider public good' rather than to the royal family.Under agreements announced on Thursday…

ISS, Palliser Urge Shareholders to Remove Capricorn CEO and Six Board Directors

Jan 20, 2023

Capricorn shareholders should vote to remove its chief executive and six other directors from the board on Feb. 1, shareholder proxy adviser Institutional Shareholder Services (ISS) has recommended in a document seen by Reuters on Thursday. The…

PTTEP Taps Honeywell for CCS Project Offshore Thailand

Jan 20, 2023

Thai oil and gas company PTTEP has hired Honeywell as the carbon capture technology provider for the Arthit Carbon Capture and Storage Project in the Arthit Gas Field in the Gulf of Thailand. Honeywell said its Separex Membrane Technology will…

Nord Stream Gas Pipelines Rupture: Survey Underway, No Conclusions Reached Yet, Says Novak

Jan 20, 2023

Russian Deputy Prime Minister Alexander Novak said on Thursday that a survey of the ruptured undersea Nord Stream 1 and 2 gas pipelines was still under way and no conclusions had been reached, RIA news agency reported.Both pairs of lines were…

No New UK Oil and Gas Fields under a Labour Gov't, Starmer Says

Jan 20, 2023

Britain's opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government - a big change from current UK energy policies.Starmer said during a panel discussion at the…

Borr's Jack-up Rig "Ran" to Drill Two Offshore Wells in Latin America

Jan 20, 2023

Shallow water drilling contractor Borr Drilling said Friday its jack-up drilling rig 'Ran' had secured a Letter of Award from an unnamed client for work in Latin America.The award will cover drilling two offshore wells, with an estimated duration…

Saipem Secures $900M in Offshore Contracts with TotalEnergies and Equinor

Jan 20, 2023

Italian offshore engineering and construction company Saipem said Friday it had won two offshore contracts worth $900 million in total.First, together with Aker Solutions, Saipem won a contract with the French oil major TotalEnergies in Brazil…

TotalEnergies to Spud "Highly prospective" Benriach Offshore Well in Q2

Jan 19, 2023

TotalEnergies has decided to drill the 'highly prospective' Benriach well in the Laggan Tormore area, west of Shetland, UK.The news was shared by TotalEnergies partner Kistos, which last year acquired a 20% stake in the Greater Laggan Area producing offshore gas fields…

VIDEO: Jan de Nul's Les Alizés Vessel Departs China for First Offshore Wind Mission in Germany

Jan 19, 2023

Offshore installation company Jan De Nul said Thursday that Les Alizés, its next-generation heavy lift vessel, had sailed away from the CMHI Haimen Shipyard in China and is currently heading for Europe.The vessel was delivered by the shipyard on January 16 and departed Thursday…

Taiwan: Taiya Renewable Energy to Join Floating Wind Demonstration and 3-2 Zonal Development in 2023

Jan 19, 2023

Taiya Renewable Energy (TRE), an offshore wind power developer in Taiwan, said Thursday it would bid for the second phase of wind power zonal development and floating demonstration project in 2023.Taiya has invited local and foreign investors…

Crown Estate Signs Deals for Six Offshore Wind Projects that Could Power 7 Million UK Homes

Jan 19, 2023

The Crown Estate, responsible for the seabed around England, Wales, and Northern Ireland, has signed agreements for lease for six offshore wind projects with companies involving TotalEnergies, BP, RWE, Corio Generation, EnBW, Cobra IS, and Flotation Energy…

UK Defense Ministry Buys Offshore Construction Vessel for Subsea Cable, Pipelines Protection

Jan 19, 2023

The UK defense ministry has acquired a subsea construction vessel that used to work in the offshore energy industry. The vessel, Topaz Tangaroa, will undergo a period of military modification and will be used to protect subsea cables and oil and gas pipelines…

SLB Wins Russia Business as Oilfield Rivals Exit after Ukraine Invasion

Jan 19, 2023

Following Moscow's invasion of Ukraine, world's largest oilfield firm SLB has boosted its business in Russia by cherry-picking service and equipment contracts from rivals who left, according to company documents and people familiar with its operations…

IEA's Birol Expects Tighter Energy Markets in 2023

Jan 19, 2023

International Energy Agency (IEA) head Fatih Birol said on Thursday that energy markets could be tighter in 2023, adding he hoped prices would not rise further in order to ease the pressure on energy-importing developing countries.'I wouldn't be too relaxed about the markets…

Current News

Eni Pens $8b Libya Offshore Gas Deal

Eni Pens $8b Libya Offshore Gas Deal

TotalEnergies, Partners to Start Drilling Offshore Lebanon in Q3 2022

TotalEnergies, Partners to Start Drilling Offshore Lebanon in Q3 2022

New Petrobras CEO Says to Drive Energy Shift while Expanding Oil and Gas

New Petrobras CEO Says to Drive Energy Shift while Expanding Oil and Gas

Aker BP Awards Edvard Grieg EPCI Contract to Moreld Apply

Aker BP Awards Edvard Grieg EPCI Contract to Moreld Apply

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