Offshore Activity - page 639


Brazil's President Bolsonaro Nominates Retired Army General as Next CEO of Petrobras

Feb 22, 2021

Brazilian President Jair Bolsonaro's nominee to lead state-run oil company Petrobras said on Saturday the company needs to find 'balance' in fuel pricing, considering the impact on shareholders, investors, sellers and consumers.Joaquim Silva e Luna…

Vattenfall Awards Van Oord a 4-Year Offshore Wind Contract

Feb 22, 2021

Offshore wind developer Vattenfall has awarded the Dutch-based offshore installation contractor Van Oord a 4-year operations & maintenance (O&M) contract.Working through its MPI Offshore organization, Van Oord will provide jack-up and associated…

U.S. Designates Already Sanctioned Russian Ship as Helping to Build Nord Stream 2 Pipeline

Feb 22, 2021

The Biden administration on Friday identified a Russian ship and a company it believes are helping to build the Nord Stream 2 pipeline, but the entities had already been sanctioned by the Trump administration and the project's opponents in Congress said the move would do little to halt work on it…

Siemens Gamesa Confirms Courseulles-sur-Mer Wind Turbine Supply Deal

Feb 22, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy has confirmed it has been awarded the firm order from the EDF Renewables-Enbridge-wpd consortium for the 448 MW Courseulles-sur-Mer offshore wind power project in France.The confirmation…

Equinor, Partners to Shut Down Veslefrikk Field for Good in 2022

Feb 22, 2021

Norway's Equinor said Monday it has, with its partners, decided to shut down the Veslefrikk field in the Norwegian part of the North Sea in the spring of 2022.'After more than 30 years on stream and over 400 million barrels of oil equivalent…

Galp Sees Q4 Profit Drop 98%, Slashes Dividend

Feb 22, 2021

Portugal's oil and gas company Galp Energia cut its dividend payout by half on Monday after posting a 98% plunge in fourth-quarter net profit as the coronavirus pandemic hammered refining margins and output fell.The company said it would propose a dividend of 0…

Portugal's EDP Launches Green Hydrogen Unit

Feb 22, 2021

Portugal's main utility EDP announced on Friday it was setting up a new business unit to develop green hydrogen projects, primarily in Europe and the United States.So-called green hydrogen, produced using renewable electricity, is seen as a…

Israel to Link Leviathan Offshore Gas Field to Egypt's LNG Plants

Feb 22, 2021

Israel and Egypt have agreed to build a pipeline to connect Israel's offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.The Palestinians also said they had signed an agreement with Egypt's energy minister…

Aker BP Taps Shearwater for Ivar Aasen Field 4D Survey

Feb 22, 2021

Marine seismic survey company  Shearwater GeoServices has won a contract with the Norwegian oil company Aker BP for an ocean bottom seismic (OBS) 4D survey. The project is at the Ivar Aasen field in the Norwegian part of the North Sea.The survey…

CNOOC Makes Large Oil and Gas Find in Bohai Bay

Feb 22, 2021

Chinese national oil company CNOOC said Sunday it had made a large oil and gas discovery Bozhong 13-2 in Bohai Bay.CNOOC said that the Bozhong 13-2 structure was located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of about 23…

France: EDF, Enbridge, wpd, Reach FID on $2,4B Calvados Offshore Wind Farm

Feb 22, 2021

EDF Group, Enbridge, and wpd on Monday announced the launch of construction activity on the Calvados offshore wind farm (Courseulles-sur-Mer) in France.The announcement follows the finalization of financing agreements between the consortium and its financial partners…

Russia Working on Oil Industry Support after Tax Increases

Feb 19, 2021

Russian Deputy Prime Minister Alexander Novak said on Friday the government has been working on some support measures for the oil producing industry, including changes in taxation, following last year's decision to hike taxes.The government…

Report: Brazil's President Pressing for Petrobras CEO Resignation

Feb 19, 2021

The chief executive of Brazil's state-led oil company Petrobras is trying to fight off President Jair Bolsonaro's bid to oust him over his insistence on raising gasoline prices in line with international market hikes, two sources with direct knowledge of the matter told Reuters on Friday…

Not an Aspiration, But a Target: Eni Says Will Become Carbon Neutral by 2050

Feb 19, 2021

Italian energy group Eni on Friday raised its ambition to cut greenhouse gas emissions, vowing to become net carbon neutral by 2050, as it seeks to keep up pace in an industry under pressure from investors to go green.Like its peers, Eni is…

Hiring Spree Ahead: Offshore Wind Staff Count to Triple by Decade End

Feb 19, 2021

Credit: phi771/AdobeStockEmployment in the oil and gas sector, despite some expected uptick, will never return to its heydays of a few years ago, but offshore wind, however, will be 'the new hiring haven for energy jobs,' especially in the turbine making segment…

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