Offshore Energy News - page 154


Norway's Giant Offshore Oil Field Fully Developed

Dec 15, 2022

The Norwegian oil and gas company Equinor has brought online the second phase of the giant Johan Sverdrup oil field in the North Sea, off Norway. Production started at 11:15 a.m. local time, on Wednesday, December 15.At plateau, the Johan Sverdrup field will produce 720…

Report: Offshore Oil Worker Kills Colleague on a Rig in Qatar

Dec 15, 2022

A British offshore oil worker in Qatar murdered a coworker on an offshore oil rig, hid the body, and tried to kill another coworker on Monday, the British media reported.The Mirror initially reported that all three workers are from Scotland and employees of Stapem Offshore…

Northland Power Sells Stake in Taiwan Offshore Wind Farm

Dec 15, 2022

Canada-based energy company Northland Power Inc. has signed a deal to sell 49% of its interest in the Hai Long offshore wind project in Taiwan to Gentari.Upon closing, the transaction will result in Gentari holding a 29.4% indirect equity interest in the project…

Small but Powerful: Kongsberg Maritime Launches New Retractable Azimuth Thrusters

Dec 15, 2022

The Norwegian maritime equipment and technology company Kongsberg Maritime has launched a new series of retractable azimuth thrusters.Kongsberg said that the units, of the ULE PM type, are smaller than competing units but maintain thrust power…

Saipem Bags $1.2B Worth Offshore Oil Field Contracts in Guyana and Egypt

Dec 15, 2022

Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…

16,000t Jacket Completed for Azeri Offshore Platform Project

Dec 14, 2022

Oil major BP said Tuesday that the jacket of the Azeri Central East (ACE) platform built at the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) was ready for load-out to sail away to its permanent location in the ACG contract area in the Caspian Sea…

Israel Launches Fourth Offshore Exploration Bidding Round

Dec 14, 2022

Israel's energy ministry on Tuesday announced the launch of the fourth bidding round for gas exploration rights in Israeli waters.As part of the fourth offshore exploration bidding round, four groups of exploration licenses (Zones) will be offered…

CIP Wins Rights to Build 500-600MW Offshore Wind Farm in Taiwan

Dec 14, 2022

Copenhagen Infrastructure Partners (CIP) said Wednesday it had been allocated 500–600 MW of capacity in the first round of Taiwan’s Round 3 Zonal Development offshore wind auction.'On December 14, 2022, it was announced that CI IV’s [a CIP subsidiary] Fengmiao offshore wind project…

Aibel Apprentices Allowed to Work Offshore

Dec 14, 2022

Norwegian offshore engineering and construction firm Aibel has started a trial to allow apprentices to work offshore as an organized part of their training. The aim is to give the apprentices a broader experience, Aibel said.Aibel's Sleipner…

Tullow Oil Pens Ivory Coast Offshore Block Deal

Dec 14, 2022

Tullow Oil has signed a production sharing contract (PSC) for Ivory Coast's offshore exploration license CI-803.Tullow will operate the license with 90% equity, with the remaining 10% held by PetroCi. The CI-803 offshore block covers an area of 1…

DNV Recertifies Petrojarl I FPSO, Enabling Two-year Charter Extension, Enauta Says

Dec 14, 2022

The Brazilian oil and gas company Enauta said Tuesday that classification society DNV had issued the recertification for the Petrojarl I FPSO, enabling a contract extension for the production unit.The Petrojarl I FPSO is an early production system used for production at Enauta's Atlanta field…

Romania: OMV Petrom, Romgaz Step Closer to Black Sea Gas Extraction

Dec 14, 2022

Romanian gas producers OMV Petrom and state-owned Romgaz filed paperwork on Tuesday that edged them closer to the extraction of a long-awaited deepwater gas field in the Black Sea, Petrom said.The two companies jointly own the Neptun Deep offshore project…

HSBC to Stop Funding New Oil Field Projects

Dec 14, 2022

HSBC will no longer provide new lending or capital markets finance for new oil and gas fields, the British bank said on Wednesday, as part of a wider update to its energy policy. The bank said it will continue funding natural gas projects for now…

NES to Install Battery Package on Volstad's Grand Canyon II Vessel

Dec 14, 2022

Norwegian Electric Systems (NES) has signed a contract with Norwegian offshore vessel owner Volstad Maritime to supply a battery pack and related control system for battery charging for Volstad's Grand Canyon II offshore construction vessel…

Out with the Old, in with the New: Old Tyra Offshore Platforms 98.5% Reused & Recycled

Dec 13, 2022

The largest recycling project of offshore installations in Denmark’s history has been successfully completed, TotalEnergies Denmark has informed.Namely, the company is the operator of the Tyra gas condensate field redevelopment project in the Danish North Sea…

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