Offshore Energy News - page 568


VIDEO: Neptune Installs Subsea Flowlines at Duva & Gjøa P1

Jul 23, 2020

Neptune Energy installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian sector of the North Sea.The company said Thursday it had sped up key elements of the development schedule of the subsea tiebacks…

SK Innovation Takes Over Block 16-2 Offshore Vietnam

Jul 23, 2020

South Korea's SK Innovation has taken over operatorship over the Block 16-2 offshore Vietnam.PetroVietnam Exploration Production Corporation (PVEP) said Thursday that the signing ceremony had been held in Hanoi on Tuesday, July 21.The offshore…

Israel: Tamar Offshore Gas Field to Start Paying Taxes on Profit in 2021

Jul 23, 2020

Delek Drilling said on Wednesday the partners in the Tamar natural gas site will start paying taxes on profit in early 2021, which could help Israel move forward with plans to create a sovereign wealth fund.Prime Minister Benjamin Netanyahu…

New York Launches Up To 2,500MW Offshore Wind Solicitation

Jul 22, 2020

New York Governor Andrew M. Cuomo on Tuesday announced offshore wind solicitation aimed at developing up to 2,500 Megawatts of renewable energy and complementary multi-port infrastructure investment.The solicitation includes a multi-port strategy…

Saipem Scores Offshore Wind Hat-Trick

Jul 22, 2020

Italian engineering and construction company Saipem has firmed up its growing presence in the offshore wind supply chain by securing three contracts worth 90 million euros in total at major wind farms being developed in the UK and France.In England…

UK: OGTC, ORE Catapult Team Up to Speed Up Net-zero Emissions Drive

Jul 22, 2020

Two UK-based energy technology firms The Oil & Gas Technology Centre and Offshore Renewable Energy (ORE) Catapult are joining forces in a five-year collaboration aimed at speeding up the UK's transition to a net-zero future.The partnership named Energy Transition Alliance (ETA)…

Baker Hughes Posts Q2 Loss as Oil Slump Hits Demand

Jul 22, 2020

Baker Hughes Co posted its second consecutive quarterly loss on Wednesday and said it would continue to rein in costs in preparation for a longer period of volatility in oil prices.Oil producers halted the drilling of new wells and drastically…

Formosa 2 Offshore Wind Farm Pin Piles Arrive in Taiwan

Jul 22, 2020

BBC Onyx multipurpose heavy-lifter has arrived in Taiwan carrying the first batch of foundation components for the Formosa 2 offshore wind farm.'Formosa 2 offshore wind farm loaded-in the first set of foundation components, including pin piles…

Turkey Slams Greek Claim Over Mediterranean Seismic Survey

Jul 22, 2020

The eastern Mediterranean region where a Turkish ship will carry out a seismic survey is part of Turkey's continental shelf, Ankara said on Wednesday, rejecting Greece's accusation that the ship is encroaching on its own shelf.Long-standing…

Italian Prosecutors Seek Jail Time for Eni, Shell Execs over Nigeria Bribery Case

Jul 22, 2020

Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over alleged corruption in Nigeria.In one of the oil industry's biggest alleged scandals…

Hibernia Platform Output Still Shut after Leak

Jul 22, 2020

Production from the giant Hibernia oil platform in the Atlantic Ocean offshore Canada remained shut on Tuesday after an accidental spill of produced water into the ocean.Produced water is a mixture of seawater from the reservoir, seawater used in injection…

Chevron Inspecting Heat Exchangers at Gorgon After Maintenance

Jul 22, 2020

Chevron Corp is inspecting propane heat exchangers on train 2 at its Gorgon liquefied natural gas (LNG) plant in Australia, the company said on Wednesday, following maintenance that was due to be completed by July 11.The inspections are delaying the restart of the train…

Chariot Oil & Gas CEO Steps Down. Acting CEO Named

Jul 22, 2020

London-listed oil company Chariot Oil & Gas has informed that Larry Bottomley, CEO, has stepped down from the company with immediate effect.The company, with operations in Morocco, Namibia, and Brazil, said Tuesday that Adonis Pouroulis, currently Non-Executive Director and founder…

TurkStream Line to Undergo Maintenance

Jul 22, 2020

The first onshore line of TurkStream, the pipeline that carries Russian gas to Turkey, will undergo maintenance from July 27 to Aug. 10, operating company BOTAS said on Tuesday.The pipeline project, stretching 930 km (580 miles) across the Black Sea…

BRUA Pipeline at Risk Due to Delayed Romanian Black Sea Gas Projects

Jul 22, 2020

Romania's gas grid operator Transgaz will likely finalize work on a European Union-backed pipeline this year, but with no progress on tapping offshore gas reserves it may have little to transport, an energy regulator said on Tuesday.The pipeline to connect Bulgaria…

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