Offshore Engineer Activity - page 952

 

Energean Sanctions Karish North Gas Field Project. Gets $700M Loan

Jan 14, 2021

Mediterranean Sea-focused oil and gas company Energean has taken Final Investment Decision ('FID') on the Karish North gas development, offshore Israel.The gas discovery was announced in April 2019. In November 2020, DeGolyer and MacNaughton…

European Firms Facing U.S. Sanctions over Nord Stream 2 Pipeline

Jan 14, 2021

The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project…

Six Consortia Pre-Qualify for Danish Largest Offshore Wind Farm Tender

Jan 14, 2021

Six consortia have pre-qualified to take part in the tender for Denmark's largest offshore wind farm Thor, the Danish Energy Agency said Thursday.Thor will have a capacity of 800-1000 MW when it is fully installed and connected to the grid, which is expected to happen by 2027…

BW Energy Boosts Stake in Kudu Offshore License in Namibia

Jan 14, 2021

Norway's BW Energy has increased its stake in the Kudu License offshore Namibia from 56% to 95%, following the signing of a farm-in and carry agreement with the National Petroleum Corporation of Namibia (NAMCOR). NAMCOR will retain the remaining 5% working interest…

Nigeria's Senate President Promises Action on Long-delayed Oil Reform Law

Jan 13, 2021

Nigeria's senate president said that despite forces 'working desperately' to derail a long-delayed oil overhaul bill, lawmakers will push the bill through the national assembly.The measure, 20 years in the making, underpins everything from oil exploration to gas pipelines and fuel regulation…

IDS to Deliver Reporting & Monitoring Service for Stena Drilling's Rigs

Jan 13, 2021

Offshore drilling contractor Stena Drilling has awarded a 'six-figure' fleet-wide deal to cloud reporting and analytics firm Independent Data Services, which will deploy solutions for near-real time rig and fleet-wide performance benchmarks…

Slower Wind Speeds to Hit Earnings of Offshore Wind Giant Ørsted

Jan 13, 2021

Ørsted warned a return to more normal wind speeds this year would hit operating earnings after the world's biggest offshore wind farm developer raised its profit forecast for 2020.The Danish company said on Tuesday it now expected operating profit of about 18 billion Danish crowns ($2…

Malaysia: Shell, Dayang Pen Accommodation Workboat Deal

Jan 13, 2021

Shell's Malaysian subsidiary Sarawak Shell Berhad has extended the contract with Malaysian offshore vessel owner Dayang Enterprise for the use of the Dayang Opal accommodation workboat.The value of the contract is based on work orders issued…

Plastic Free Oceans: Maersk Supply Service, The Ocean Cleanup Extend Partnership

Jan 13, 2021

Danish offshore support vessel operator Maersk Supply Service will continue providing marine support to The Ocean Cleanup, a nonprofit engineering and environmental organization working to rid oceans of plastic pollution.The Ocean Cleanup’s…

Canada: Equinor, BHP, Chevron Get Gov't Approvals for Offshore Drilling Plans

Jan 13, 2021

The Government of Canada has this week approved three offshore drilling projects in the Atlantic Ocean, planned by BHP, Equinor, and Chevron, respectively.'The projects will allow the proponents to determine the presence, nature, and quantities…

Wintershall Noordzee Starts Gas Production from Sillimanite South Field

Jan 13, 2021

Wintershall Noordzee, a Gazprom-Wintershall Dea joint venture, has started production of the D12-B3 well, at the Sillimanite South offshore gas field in the Dutch North SeaThis gas field was discovered last year following the completion of the…

Brazil: TGS Starts Espirito Santo 3D Seismic Survey

Jan 13, 2021

Norwegian marine seismic data firm TGS on Wednesday announced the start of the Espirito Santo multi-client 3D seismic survey offshore Brazil.'This survey, covering 2,694 square kilometers, will broaden the region's 3D coverage while adding to the extensive offshore seismic library…

Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil

Jan 12, 2021

Norway's oil and gas reserves have made it one of the world's wealthiest countries but its dreams for deep-sea discovery now center on something different.This time, Oslo is looking for a leading role in mining copper, zinc, and other metals…

Premier Oil Shareholders Vote in Favor of Merger with Chrysaor

Jan 12, 2021

Premier Oil shareholders on Tuesday voted in favor of a reverse takeover of private equity-backed Chrysaor to create the British North Sea's biggest oil and gas producer in which Premier shareholders will hold about 5.5%.'Shareholder approval for the Transaction has now been received…

CGG Uses Satellites to Map Hydrocarbon Seeps in Barents Sea

Jan 12, 2021

France-based seismic data company CGG has said that its Satellite Mapping group recently completed a high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD). The aim of the study was to increase petroleum…

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