Offshore Energy News - page 490


UK: Ofgem Greenlights $53.4B Energy Network Investment Plan

Dec 08, 2020

British energy regulator gave the go-ahead on Tuesday for up to 40 billion pounds ($53.4 billion) in spending by the country's energy network companies between 2021-2026, partly aimed at preparing the grid to deal with more renewable generation…

Woodside's CEO Coleman to Retire in 2021

Dec 08, 2020

Woodside Petroleum Ltd said on Tuesday it has started looking for a successor for its long-time chief executive Peter Coleman who plans to retire in the second half of 2021.The change in guard comes at a tricky time for Australia's top independent gas producer…

East Med Dispute: Turkey Won't Bow to Threats, Erdogan Says as EU Considers Sanctions

Dec 07, 2020

Turkey will not bow to threats in its dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean, President Tayyip Erdogan said on Monday as European Union foreign ministers met in Brussels to discuss the issue.But Erdogan…

Equinor Takes Part in Giant Green Hydrogen Project

Dec 07, 2020

Norwegian energy giant Equinor has joined what has been described as Europe's largest green hydrogen project - NortH2. The project aims to produce green hydrogen using renewable electricity from the offshore wind off the coast of the Netherlands of about 4 gigawatts by 2030…

Australian Firm Launches Offshore CO2 Capture and Storage Project

Dec 07, 2020

An Australian company has lined up the country's national science agency and Japanese firms to work on a plan to capture carbon dioxide, and liquefy and transport it to a site offshore Australia to be injected under the seabed.The push comes…

Indonesia: Inpex Signs MoU for Abadi LNG Sale

Dec 07, 2020

Japanese oil and gas firm Inpex has signed a memorandum of understanding (MOU) for the sale of gas from its Abadi project in Indonesia to the local company with PT Perusahaan Gas Negara Tbk (PGN).Abadi gas field is located in the Masela Block…

Vaalco Wraps Gabon 3D Seismic Survey

Dec 07, 2020

Oil and gas company Vaalco has said it has completed the acquisition of nearly 1,000 square kilometers of new dual-azimuth 3-D seismic data over the entire Etame Marin block, offshore Gabon.Vaalco will use the data to optimize and de-risk future…

First Steel Cut for Jan De Nul's Offshore Installation Vessel Lez Alizés

Dec 07, 2020

The construction of Jan De Nul's new offshore crane vessel named Lez Alizés kicked off with a steel cutting ceremony last Friday at the China Merchants Heavy Industry (Jiangsu) Co., Ltd. in China.Les Alizés, ordered in November 2019, will mainly be used for the construction of offshore wind farms…

Russian Pipe-laying Vessel Stops near Nord Stream 2 Pipeline Site

Dec 07, 2020

Russian pipe-laying vessel Akademik Cherskiy stopped on Saturday near the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea, Refinitiv Eikon data showed on Saturday.The consortium led by Gazprom building the 1,230 kilometers…

Santos in 10-Year Barossa Gas Sales Deal with Mitsubishi

Dec 07, 2020

Australia's no. 2 independent gas producer Santos Ltd said on Monday it signed a 10-year agreement to supply liquefied natural gas (LNG) from its Barossa project to a unit of Japan's Mitsubishi Corp.Santos will supply Diamond Gas International 1…

Shearwater to Shoot 3D Seismic for Reliance Offshore India

Dec 07, 2020

India's Reliance Industries has awarded a 3D seismic data acquisition contract to seismic survey services provider Shearwater.Under the contract, Shearwater will carry out a 3D survey in the Bay of Bengal, India.The survey is slated to start in the first quarter of 2021 and covers 1…

Boskalis Charters Offshore Construction Vessel for Offshore Wind Work in Taiwan

Dec 04, 2020

Dutch marine services provider Boskalis will expand its offshore fleet with the multipurpose DP2 offshore construction vessel Boka Tiamat.The company said Thursday that the vessel would arrive in its fleet in January 2021 and that it would be deployed on offshore wind projects in Taiwan…

Vietnam: FSO Golden Star Receives First Condensate

Dec 04, 2020

Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…

Siem Offshore Sells 1998-built AHTS Vessel

Dec 04, 2020

Norwegian offshore vessel owner Siem Offshore has signed an agreement to sell its AHTS vessel Venture Sea. The vessel, built by Halter Marine in 1998, is owned by Secunda Canada, a Siem Offshore Canadian subsidiary.Siem Offshore said that the…

Denmark to End Oil and Gas Exploration and Production by 2050. Cancels Licensing Round

Dec 04, 2020

Denmark's government on Thursday agreed with a majority in parliament to put an end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.The future of Denmark's oil and gas operations…

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