Offshore Energy News - page 336


S. Africans Protest against Shell's Offshore Oil Exploration

Dec 06, 2021

South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seismic oil exploration they say will threaten marine wildlife such as whales, dolphins, seals, and penguins on a pristine coastal stretch.A South…

Udenna: Philippines' Malampaya Gas Project can be Extended for Several Years

Dec 06, 2021

The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president of Udenna Corp, which now controls the project, said on Monday.'We…

UK North Sea's Oil and Gas Future Darkens after Shell's Cambo Exit

Dec 06, 2021

Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources told Reuters.But on Thursday Royal Dutch Shell…

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Dec 03, 2021

Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine…

Carbon Transition in Utsira Multi-Client Seismic Data Deal

Dec 03, 2021

Oslo-listed firm Carbon Transition said Friday it had entered into a new multi-client seismic data licensing contract with an undisclosed customer.'Under the contract, the customer will license certain data from Carbon Transition’s Utsira multi…

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

Dec 03, 2021

Oslo-listed ocean bottom node seismic specialist Magseis Fairfield said Friday it had won a 4D Ocean Bottom Node (OBN) survey contract in the Gulf of Mexico from a repeat customer. It did not say who the client was.The survey will be conducted with Magseis Fairfield’s ZXPLR technology…

3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT

Dec 03, 2021

3i Infrastructure has agreed to acquire AMP Capital's stake in the Danish offshore vessel owner ESVAGT.The deal will result in 3i Infrastructure owning a 100% of the equity in ESVAGT. 'This further investment is expected to be £268 million.…

Turkey Slams Cyprus Over Exploration License for Exxon, Qatar Petroleum in Mediterranean

Dec 03, 2021

Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction.For decades…

Unite: Around 300 UK North Sea Workers Set to Go on Strike from Dec 6

Dec 03, 2021

Some 300 UK North Sea workers working for Ponticelli UK and Semco Maritime, serving TotalEnergies' UK North Sea platforms, will take industrial action starting Monday, December 6, following a dispute over cuts to terms & conditions, workers' union Unite said…

DNV Grants Statement of Feasibility for GustoMSC's Tri-Floater

Dec 03, 2021

Classification society DNV has completed a concept verification and technical & commercial assessment of GustoMSC’s floating offshore wind turbine foundation Tri-Floater, confirming the technical feasibility and compliance with the relevant design standards…

Shell Wins Court Case to Kick Off Seismic Surveys Offshore South Africa

Dec 03, 2021

A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell from starting seismic surveys to explore for petroleum systems off the eastern seaboard's popular Wild Coast…

Oil Rises on OPEC+ Plan to Meet if Omicron Hits Demand

Dec 03, 2021

Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of its next scheduled meeting if the Omicron variant dents demand, but prices were still on course for the sixth week of declines.Brent crude futures rose $1…

Petrobras Hires PGS for 'Significant' 4D Survey Offshore Brazil

Dec 03, 2021

Norwegian marine seismic data acquisition company PGS said Friday it was scheduled to start a significant 4D acquisition survey for Petrobras over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022. The acquisition is expected to complete in Q3 2022…

Large Offshore Wind Tower Manufacturing Plant to be Built at Port of Nigg, UK

Dec 03, 2021

Global Energy Group (“GEG”), the Scottish-based energy services company has agreed on terms with offshore wind tower manufacturing specialist, Haizea Wind Group (“Haizea”), to build a £110m-plus (~$146 million) offshore wind tubular rolling facility at Port of Nigg…

TotalEnergies Starts Production from CLOV Phase 2, Offshore Angola

Dec 03, 2021

French oil major TotalEnergies said Friday it had started production from the CLOV Phase 2 in Angola, a project connected to the existing CLOV FPSO.Sitting approximately 140 kilometers from the Angolan coast, in water depths from 1,100 to 1…

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