Offshore Energy News - page 288


Gazprom Neft Wraps Six-vessel Shallow Water Seismic Survey in Kara Sea

Feb 14, 2022

Russian oil firm Gazprom Neft has recently completed a seismic data acquisition project at the Yuzhno-Obsky license block, located in the waters of the Gulf of Ob in the Kara Sea.The objective of the six-vessel survey campaign was to clarify the structure of promising underlying geological features…

Brazil Has Oil. Exxon Can't Seem to Find It

Feb 14, 2022

Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future.But five years into its comeback, the U.S. oil giant has yet to make a major oil discovery as an operator…

BW Offshore Records Impairment on 6 FPSOs Book Value as Prospects Bleak for Extensions, Redeployment

Feb 14, 2022

FPSO leasing company BW Offshore has decided to record an impairment to the book value of the FPSOs BW Athena, Espoir Ivoirien, Sendje Berge, Petróleo Nautipa and Umuroa amounting to $66.6 million in the fourth quarter of 2021 as well as $23…

Liza Unity: Exxon's Second FPSO in Guyana Produces First Oil

Feb 13, 2022

Exxon Mobil Corp on Friday said it is accelerating output at its Guyana offshore oil development, starting a new production vessel that will bring total capacity to more than 340,000 barrels per day.An Exxon-led consortium started production…

New York’s First Offshore Wind Farm: Ørsted, Eversource Sanction 130MW South Fork Wind Project

Feb 11, 2022

Ørsted and Eversource have taken the final investment decision (FID) on the South Fork Wind project that will be New York’s first offshore wind farm. The FID comes after the South Fork Wind joint venture, owned 50/50 by Ørsted and Eversource…

Worley Gets Funding for Enhanced Subsea Gas Tieback Project

Feb 11, 2022

Worley's Aberdeen office has been given £765,000 support from Scotland's national economic development agency Scottish Enterprise for full pre-production testing of its pseudo dry gas (PDG) liquid removal system.According to Worley, the Enhanced…

Report: Eni in Talks on Energy Transition SPAC

Feb 11, 2022

Eni is testing investor appetite for a special purpose acquisition company (SPAC) dedicated to energy transition projects as part of its own green drive, two sources said.The Italian energy group is working with two or three other investors to set up and list the SPAC…

Report: Waldorf Production Nears $1B Deal for ONE-Dyas North Sea Assets

Feb 11, 2022

Waldorf Production is nearing a deal to acquire oil and gas assets in the British and Dutch North Sea from ONE-Dyas for more than $1 billion, industry sources said on Friday.Under the terms of the emerging deal, private equity-backed Waldorf…

Macron Bets on Nuclear, Promises More Offshore Wind, Solar

Feb 11, 2022

France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country's drive for carbon neutrality by 2050.Macron said the new plants would…

Renewables Assignments for Solstad's CSV Trio

Feb 11, 2022

Norwegian offshore support vessel owner Solstad Offshore ASA has found work for three construction support vessels, apparently all in the renewables space.Normand Australis has secured a 150-day contract for “Walk to Work” services on an offshore wind project in Asia…

India: L&T Wins Two Offshore Projects from 'Prestigious' Client

Feb 11, 2022

Indian industrial services company Larsen & Toubro (L&T) said Thursday that its Hydrocarbon branch had won two offshore projects from 'a prestigious overseas client.'The scope of work comprises Engineering, Procurement, Construction, Installation…

UK Grants Planning Consent for Vattenfall's 1.8GW Offshore Wind Farm

Feb 11, 2022

The UK Government has awarded planning consent for Vattenfall’s 1.8 GW Norfolk Vanguard offshore wind farm, meaning that both projects in Vattenfall’s proposed Norfolk Offshore Wind Zone have now been approved.According to Vattenfall, the zone…

Semco Maritime to Spruce Up 'Floatel Superior'

Feb 11, 2022

Offshore accommodation rig provider Floatel International has awarded a contract to Semco Maritime for service work on the semi-submersible accommodation unit Floatel Superior.Semco said that the harsh environment accommodation rig is expected to dock at Hanøytangen in Norway…

Solstad Offshore Sells Two AHTS Vessels

Feb 11, 2022

Norwegian offshore vessel owner Solstad Offshore has this week sold two anchor handling tug and supply vessels, in line with its objective to reduce fleet size to a level of 80-90 vesselsThrough its subsidiary Solstad Rederi AS, the company sold the AHTS Normand Master and Normand Mariner…

Heerema's Giant Crane Vessel Sleipnir to Install LNG BCM on INPEX's Ichthys Explorer Platform

Feb 11, 2022

Dutch offshore installation company Heerema Marine Contractors has been selected by Japan's INPEX as a contractor of choice for the transport and installation of the 4,800 metric ton Ichthys LNG Booster Compression Module (BCM), offshore W. Australia…

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