Offshore Activity - page 739


U.S., Greece Call for Peaceful Resolution of East-Med Maritime Disputes

Sep 28, 2020

The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources…

CNOOC Starts Oil Production from Liaodong Bay Field

Sep 28, 2020

Chinese oil company CNOOC said Monday that the Jinzhou 25-1 oilfield 6/11 area in Liaodong Bay, China, had started production.Jinzhou 25-1 oilfield 6/11 area is located in central Liaodong Bay in Bohai with average water depth of 22.5 meters…

Noreco: New Jackets Installed at Tyra Project, Offshore Denmark

Sep 28, 2020

Two new jackets have been installed at the Total-operated Tyra redevelopment project offshore Denmark, Noreco, a partner in the project has informed.The Tyra field located 225km west of Esbjerg, Denmark, is the largest gas condensate field in the Danish Sector of the North Sea…

Brazil: Total Transfers Foz do Amazonas Block to Petrobras

Sep 28, 2020

French oil major Total will transfer its rights in five blocks in Foz do Amazonas Basin off Brazil to Brazil's national oil company Petrobras, and exit the basin.To remind, Total earlier in September announced its decision o give up operatorship over the five exploration blocks in ultra-deep waters…

Udenna Wants to Take Shell's Malampaya Stake

Sep 28, 2020

Philippine oil and shipping group Udenna Corp on Monday expressed interest in acquiring Royal Dutch Shell PLC's 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Company (PNOC).Shell is…

Offshore Installation Works Set to Kick Off at Ørsted’s Giant Hornsea Two Wind Farm

Sep 28, 2020

Offshore construction works are expected to begin next month at Ørsted’s Hornsea Two giant offshore wind farm project in the UK.Ørsted’s Hornsea Two wind farm will surpass its predecessor Hornsea One by generating 1.4 GW of electricity once complete in 2022…

Maersk Supply Service, Ørsted Working on Offshore Charging Buoy

Sep 28, 2020

Danish offshore vessel specialist Maersk Supply Service and its compatriot offshore wind developer Ørsted have teamed up to test a prototype offshore charging buoy.The buoy will act as a safe mooring point and a charging station for vessels…

Equinor to Sanction $1.95B Breidablikk Development in North Sea

Sep 28, 2020

Norwegian oil company Equinor is set to develop the Breidablikk, dubbed one of the largest undeveloped oil discoveries on the Norwegian continental shelf.The company said Monday morning that it would, together with its partners Petoro, Vår Energi…

Trump Extends Offshore Drilling Ban in North Carolina, Virginia

Sep 27, 2020

U.S. President Donald Trump said on Friday he had extended a ban until 2032 on oil drilling off the coast of North Carolina and Virginia, weeks after a similar extension affecting offshore drilling in the waters off Florida, Georgia, and South Carolina…

Petrobras Eyes Sale of Albacora Offshore Fields

Sep 25, 2020

Brazilian national oil company Petrobras has launched a teaser for the potential sale of its interests in Albacora and Albacora Leste deepwater offshore blocks in Brazil.Petrobras is selling a 100% operated working interest in the Albacora offshore…

OHT set for Merkur Market Debut

Sep 25, 2020

Shares of Offshore Heavy Transport, a maritime heavy lift and transportation company with growing involvement in the offshore wind space, will start trading at Norway's Merkur Market on Monday, September 28.The shares have been approved for…

Looming Strike Could Close 22% of Norwegian Oil and Gas Output

Sep 25, 2020

Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…

Denmark Launches Tender for Its Largest Offshore Wind Farm

Sep 25, 2020

Denmark on Friday launched the tendering process for what will be its largest offshore wind farm - Thor.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, at the latest…

Woodside Taps Enhanced Drilling for Managed Pressure Drilling Solution for Senegal Ops

Sep 25, 2020

Australian oil and gas operator Woodside has signed a contract with Norway's drilling equipment firm Enhanced Drilling to equip its Senegal-bound drillships with EC-Drill controlled mud level system.In Senegal, Woodside is working to bring online Senegal's first offshore oil development Sangomar…

Greece Extends Deadline for Offshore Gas Storage Bids

Sep 25, 2020

Greece has pushed back a deadline for the submission of non-binding bids for a contract to run an underground gas storage facility in the northern Aegean Sea.Privatization agency HRADF, which manages the concession, said on Friday it had extended the deadline for initial bids to Oct…

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