Offshore Activity - page 2


Karoon Eyes Growth in Brazil with Own Oil Fields, Acquisitions

Sep 20, 2021

Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday…

BP Charters Prosafe Flotel for UK North Sea Work

Sep 20, 2021

Oil and gas company BP has chartered Prosafe's offshore accommodation rig Safe Zephyrus for work in the UK North Sea.The Safe Zephyrus,  with beds for 450 persons, in single man cabins, will provide gangway-connected operations to support Neptune…

Shell, Deltic Complete Site Survey at High-impact North Sea Well Site

Sep 20, 2021

Shell has completed the geophysical site survey over the planned Pensacola exploration well location on Licence P2252 in the Southern North Sea, off the UK, Shell's partner Deltic Energy said Monday.The survey was conducted by Fugro. Data collection…

ONGC Awards 3-year Contract for Shelf Drilling's Jack-up Rig

Sep 20, 2021

Jack-up drilling rig contractor Shelf Drilling has secured a three-year drilling contract with India's ONGC for the Parameswara jack-up rig.The contract is for operation in the Mumbai High area, offshore India's west coast. The planned start-up of operations is Q1 2022…

German Food Retailer to Buy Electricity from Ørsted's Offshore Wind Farm

Sep 20, 2021

Germany-based food retailer REWE has signed a 10-year power purchase agreement with Ørsted to procure 100 MW of electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025.The deal marks REWE Group’s…

U.S. Drillers Add Rigs for Second Week, Gulf Unchanged

Sep 20, 2021

U.S. energy firms this week added oil and natural gas rigs for a second week in a row although the number of offshore units in the Gulf of Mexico remained unchanged after Hurricane Ida slammed into the coast over two weeks ago.Fourteen offshore…

Seismic Firm Starts Review of Strategic Options, Including Potential Merger or Sale

Sep 17, 2021

Offshore seismic data company ION Geophysical has this week said its Board of Directors has started a process to evaluate a range of strategic alternatives to strengthen its financial position and maximize stakeholder value 'as the company continues…

RWE Qualifies as Bidder for 270MW French Floating Wind Tender

Sep 17, 2021

RWE Renewables has pre-qualified as a bidder for the upcoming French tender for a commercial floating offshore wind project off the coast of South Brittany with a capacity of up to 270 megawatts (MW).  RWE said Thursday it was looking forward…

Drilling Contract Terminated for Sunken Jack-up Rig in Malaysia

Sep 17, 2021

Malaysian offshore drilling contractor Velesto has confirmed that the $8 million contract with ConocoPhillips for its Naga 7 jack-up rig that sank off Malaysia in May is now officially terminated.Naga 7 sank on May 3, while gearing up to start drilling for ConocoPhillips off Malaysia…

Aker BP Gets Approval to Drill Mugnetind Offshore Prospect

Sep 17, 2021

Norwegian oil and gas company Aker BP has received approval from the Norwegian Petroleum Directorate to drill offshore wells 7/11-14 S and A, in the North Sea, off Norway.Aker BP will use Maersk Drilling's Maersk Integrator jack-up drilling…

Port of Mukran to Serve as O&M Base for Parkwind's Baltic Sea Wind Farm

Sep 17, 2021

Offshore wind developer Parkwind has selected the Port of Mukran as a service base that will serve its Arcadis Ost I wind farm, in the Baltic Sea, offshore Germany.Earlier this week, Parkwind, wind turbine maker Vestas, and construction firm…

Quick Nord Stream 2 Start-up Would Calm Record-high Gas Prices in Europe, Kremlin Says

Sep 17, 2021

A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, as Moscow awaits for regulatory clearance for gas flows to begin…

Investors Managing $10 Trillion Set Tough Climate Blueprint for Big Oil

Sep 17, 2021

Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.The…

SSE Merges Two Projects into 4.1GW Mega Offshore Wind Farm

Sep 17, 2021

UK-based renewable energy firm SSE Renewables has decided to merge two proposed offshore wind farms in Scotland into one 'super project development.'Berwick Bank and Marr Bank offshore wind farms, off the east coast of Scotland, have been brought…

Final Turbine Installed at Triton Knoll Offshore Wind Farm

Sep 17, 2021

Renewable energy firm RWE has informed that Triton Knoll offshore wind farm in the UK has installed its final turbine.The last of the Vestas 9.5 megawatts (MW) turbines was erected early on Friday at what is the most powerful offshore wind farm being constructed by RWE…

Current News

Shell Exits Permian with $9.5B Sale to ConocoPhillips. Its U.S. Output Now Mostly Offshore

Funds Rebuild Bullish Oil Position After Hurricane Outage in Gulf of Mexico

TMC to Deliver Compressors for Woodside's Sangomar FPSO

Shearwater GeoServices Secures South East Asia Survey Deal

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