Offshore Energy News - page 508


U.S. Gulf Lease Sale: Oil Firms Ignore Threat of Potential Ban on New Offshore Leases

Nov 27, 2020

The U.S. administration last week held a region-wide Gulf of Mexico oil and gas exploration lease sale, in what was the last sale under the Trump administration, and potentially one of the last lease sales overall, as the new President-elect…

Final Turbine Installed at Borssele III/IV Offshore Wind Farm

Nov 27, 2020

Final offshore wind turbine has been installed at the Blauwwind consortium's Borssele III/IV offshore wind farm project site in the Dutch North Sea, MHI Vestas, the turbine manufacturer said Friday.The last of 77 MHI Vestas V164-9.5 MW turbines…

Top Six European Oil Firms Have Over 28GW of Renewables Capacity in Pipeline

Nov 27, 2020

European international oil companies (IOCs) are leading the way in terms of progressing strategies for renewable power growth, ahead of US players that have not, so far, made the same switch, energy intelligence firm GlobalData said.According to Global Data…

Denmark: Nini West Field Suitable for Injection and Storage of CO2

Nov 27, 2020

A carbon capture and storage project in Denmark which entails storing CO2 under the Danish North Sea seabed has cleared the first major hurdle after the intended subsea reservoir was confirmed feasible for CO2 injection by independent certification…

Norway: Around 260 Schlumberger Workers Set to Strike over Pay

Nov 26, 2020

Some 262 oil service workers at Schlumberger's Norwegian subsidiary plan to go on strike from Dec. 3 if negotiations with employers over pay and working conditions fail, the Safe trade union said on Thursday.The negotiations cover drillers, well service crews…

Australia: Melbana Energy Expands Offshore Acreage Near Beehive Prospect

Nov 26, 2020

Australian oil and gas Melbana Energy has been awarded two additional petroleum exploration permits offshore northern Australia, near the license containing the Beehive prospect.The application was made for the permit areas, designated as WA-544-P and NT/P87…

BP, Ithaca Energy Bring Online Vorlich Offshore Field

Nov 26, 2020

Oil major BP and Ithaca Energy have started production from the Vorlich offshore oil field in the North Sea.The 30-million-barrel field has been developed through two wells with peak production expected to reach 20,000 barrels of oil equivalent gross per day…

ADNOC Awards Seismic Contract Worth up to $519 Million to BGP

Nov 26, 2020

Abu Dhabi's national oil company ADNOC said Thursday it had awarded a contract worth up to $519 million to Chinese seismic contractor BGP to further expand the scope of what it says is the world’s largest combined 3D onshore and offshore seismic survey…

Report: ExxonMobil, Total in Talks Over Mozambique Gas Resource-sharing Deal

Nov 26, 2020

ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters…

MacGregor to Install Predictive Maintenance Solution on North Sea Giant Vessel

Nov 26, 2020

Cargotec's subsidiary MacGregor has signed an agreement with offshore vessel owner North Sea Shipping to deliver its OnWatch Scout Predict on the North Sea Giant offshore vessel.OnWatch Scout is a solution that connects installed equipment aboard…

CGG, Magseis Fairfield Complete 'Largest Ever' North Sea OBN Survey

Nov 26, 2020

Marine seismic data companies CGG and Magseis Fairfield have completed the 2020 acquisition of what they say is the largest OBN (Ocean Bottom Node) survey ever acquired in the North Sea. The OBN Cornerstone 2020 multi-client survey in the UK Central North Sea began in March 2020…

Petrobras Cuts 5-year Spending Plan by 27%

Nov 26, 2020

Brazil's state-controlled oil company Petroleo Brasileiro SA cut its five-year investment plan by 27% from a year ago to $55 billion to preserve cash, as the coronavirus pandemic drove down global oil demand and prices.In a filing on Thursday…

'Largest Ever' Offshore Wind Financial Close Reached for World's Largest Offshore Wind Farm

Nov 26, 2020

Equinor and SSE have announced a financial close on the first two phases of the world's largest offshore wind farm project - the Dogger Bank in the UK North Sea.Dogger Bank wind farm is a joint venture between SSE Renewables, who are leading the construction of the offshore wind farm…

Jersey Oil & Gas to Buy Cieco V&C

Nov 26, 2020

UK oil and gas exploration and production firm Jersey Oil & Gas (JOG), has agreed to buy Cieco V&C, a company which owns an interest in JOG-controlled Licence P2170, in the UK North Sea.The company has entered into a conditional sale and purchase…

Brazil: Petrobras Taps Shearwater Geo for Deepwater OBN Survey

Nov 26, 2020

Seismic contractor Shearwater GeoServices has been awarded a large Ocean Bottom Node 4D Baseline survey in Brazil with the Brazilian national oil company Petrobras.The deepwater OBN survey will be carried out at the Jubarte Field in the Campos Basin…

Current News

DeepOcean Awarded IMR Contract Extension by Equinor

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

Jumbo Scoops Two Offshore Wind Contracts

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

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