Activity News


Bumi Armada, Pertamina to Build LNG Floater for Offshore Gas Project in Indonesia

Sep 13, 2023

Malaysia's Bumi Armada on Wednesday said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of liquefied natural gas (LNG)…

Tullow Oil Reduces Upper End of 2023 Output Outlook

Sep 13, 2023

West Africa-focused Tullow Oil on Wednesday reduced the upper end of its production outlook for this year to 58,000-60,000 barrels per day (bpd) from 58,000-64,000 bpd.The reduction was because of lower than expected production from its Jubilee…

Ahead of Schedule: Woodside's U.S. Gulf of Mexico Project Starts Production

Sep 13, 2023

Australian oil and gas firm Woodside said Wednesday its Shenzi North project has started production in the deepwater US Gulf ofMexico.Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase the production capacity of the asset…

UK Could See 225,000 Offshore Energy Jobs Created by 2030, But Challenges Loom

Sep 12, 2023

The UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved,a new report by Robert Gordon University has found…

North Africa Will be Italy's Key Gas Supplier for Years, Eni Top Exec Says

Sep 12, 2023

Algeria, Egypt, and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects…

Troll A Platform Maintenance Works Taking Longer than Planned, Equinor says

Sep 12, 2023

A planned maintenance outage at Norway's Troll field, Western Europe's largest, has been extended as scheduled work is taken longer than expected, operator Equinor said on Tuesday.'The reason for the extended maintenance period at Troll A is that modification projects have taken longer than planned…

UK's Climate Goals Unshaken Despite Offshore Wind Setback in Auction, Minister Says

Sep 12, 2023

The result of a recent subsidy auction for renewable energy projects does not threaten Britain's climate goals, its climate minister said on Tuesday, responding to criticism over a lack of demand for offshore wind development.Offshore wind developers stayed away from Friday's auction…

FoWeLo System Tackles Floating Offshore Wind Farm Logistics Challenges

Sep 12, 2023

Strategic partners Roll Group & Hebetec Engineering AG announced their shared patented solution for offshore wind farm load-outs during the SPE Offshore exhibition in Aberdeen last week.The solution was developed to provide efficient and cost…

Russia's Sakhalin Energy Resumes Operations in Full After Maintenance

Sep 12, 2023

Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance, Interfax news agency reported on Tuesday, quoting Gazprom's Deputy CEO Vitaly Markelov.The company has said it planned maintenance in July without providing a timeframe…

Forum Energy Technologies Launches Tooling Rental Service for ROVs

Sep 12, 2023

ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.'With increasing ROV asset investment across hydrocarbon and offshore renewable energy…

Seabird Exploration Secures New 2D Contract in Eastern Hemisphere

Sep 12, 2023

Norwegian marine seismic survey services firm Seabird Exploration has signed a Letter of Award for a 2D contract in the Eastern Hemisphere with a repeat client. The duration of the contract is expected to be around three months. Pending customary permitting and prefunding approvals…

FACTBOX-US Offshore Wind Projects Facing Inflation Headwinds

Sep 12, 2023

The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing.The federal…

RWE, TenneT Pen Deals for OranjeWind Offshore Wind Farm Grid Connection

Sep 12, 2023

Offshore wind farm developer RWE has signed agreements with grid operator TenneT for an offshore grid connection of OranjeWind, a wind farm to be built 53 kilometers off the Dutch coast. The Connection & Transmission Agreement (CTA) and Realisation…

Colombia Mulls Making Ecopetrol Mandatory Partner in Offshore Wind Farms

Sep 12, 2023

Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters.The Ministry of Mines and Energy will…

Ithaca Energy to Take Full Control of Cambo, UK North Sea's Second Largest Undeveloped Oil and Gas Discovery

Sep 12, 2023

Ithaca Energy has agreed to acquire the remaining 30% stake in Cambo from Shell, taking Ithaca Energy’s stake in Cambo to 100%.To remind, Ithaca Energy said in May it had agreed to market Shell's 30% stake in the Cambo oil prospect in the UK North Sea…

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