Offshore Energy News - page 141


Shell to Sell Stake in Baram Delta Offshore Malaysia for $475M

Dec 13, 2022

Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for $475 million to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in…

Solstad Offshore Sells Construction Support Vessel

Dec 12, 2022

The Norwegian offshore vessel company Solstad Offshore has agreed to sell its 2013-built construction support vessel Normand Jarl.Sold through Solstad's subsidiary Normand Ships, the CSV will be delivered to an unnamed buyer outside of the offshore industry…

NOV to Design and Equip Cadeler's Second F-Class Jack-up Vessel

Dec 12, 2022

NOV has secured contracts to deliver design and equipment for Danish offshore wind installation firm Cadeler's second F-class jack-up vessel, which will be able to install large wind turbine foundations as well as wind turbines. The F-class is a bespoke version of the GustoMSC NG-20000X model…

Petronas, JX Nippon Enter Deal for BIGST Offshore Fields in Malaysia

Dec 12, 2022

Malaysia's state energy firm Petronas said on Monday it would work with JX Nippon Oil & Gas Exploration Corp. on a joint proposal to monetize gas potential in the Bujang, Inas, Guling, Sepat, and Tujoh (BIGST) fields located off the shores of peninsular Malaysia…

DEME to Install Foundations for Another Offshore WInd Farm in Scotland

Dec 12, 2022

Offshore installation services firm DEME said Monday it would return to the Moray Firth to install the foundations for another offshore wind farm in Scotland, under a contract awarded by Ocean Winds.The company was previously involved in the…

Barents Sea: Equinor Starts Production from Askeladd Offshore Field

Dec 12, 2022

The Norwegian oil and gas company Equinor has started production from the Askeladd offshore field in the Barents Sea.The first phase of Askeladd will bring 18 billion cubic meters of gas and two million cubic meters of condensate to the market via the Hammerfest LNG plant on Melkøya…

CIMC Starts Construction of Havfram's First Offshore Wind Turbine Installation Vessel

Dec 12, 2022

Norwegian offshore wind services firm Havfram said Monday that construction had started in China for its first offshore wind turbine installation vessel. Havfram could order four WTIVs in total.Havfram said it had secured an additional USD 250…

Chinese Firm Takes Delivery of Offshore Wind Crew Transfer Vessel

Dec 12, 2022

Chinese company Goldsea Marine Offshore Engineering has taken delivery of a new Incat Crowther-designed catamaran crew transfer vessel. The Incat Crowther 32, built by AFAI Southern Shipyard in Guangzhou, has a large cargo zone and a maximum speed of up to 25 knots…

Italy's Snam to Select Offshore Site for New FSRU in Early 2023

Dec 12, 2022

Itay's Snam will choose the offshore site for its new floating storage and regasification unit (FSRU) in the next 100 days, Italy's special commissioner for the project said on Friday, with its initial location already facing a legal challenge…

Guyana Launches Bidding Round for 14 Offshore Oil Blocks

Dec 12, 2022

Guyana on Friday formally opened a highly anticipated bidding round for 14 oil and gas blocks in its oil-rich offshore, hoping to award exploration contracts by the end of May.The country is home to one of the largest oil discoveries in the last decade…

Reuters: UK Rebuffs Calls from Oil & Gas Bosses to Amend Windfall Tax

Dec 09, 2022

The British government stood firm on its windfall tax on the oil and gas sector in a meeting with industry executives on Friday, two sources with knowledge of what was discussed said.Finance Minister Jeremy Hunt rebuffed requests from North…

Shell's 34,000t North Sea-bound Penguins FPSO Leaves Chinese Shipyard

Dec 09, 2022

Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: 'Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao…

In a First, Scottish Port Set to Offer Shore Power for Offshore Vessels

Dec 09, 2022

Montrose Port Authority says the port is set to become the first Scottish port to provide shore power infrastructure to the energy sector.To enable shore power to offshore energy industry vessels, the port has partnered with with Plug Shore Power Ltd in a 50/50 joint venture…

Wah Seong Wins $127M FPSO Topside Module Order

Dec 09, 2022

Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…

TotalEnergies Pulls Out of Russia's Novatek with $3.7B Write-down

Dec 09, 2022

French oil giant TotalEnergies, one of the last Western holdouts in Russia after the war in Ukraine, said it was withdrawing its two members from Novatek's board and would take a $3.7 billion hit to write off the value of its stake in the Russian group…

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