Offshore Regions News - page 856


Australia's North West Shelf LNG: Key Terms Agreed for Third-party Gas Processing

Aug 17, 2020

Australia's North West Shelf LNG venture has agreed key terms for processing third-party gas from the Pluto and Waitsia gas projects, operator Woodside Petroleum said on Monday.Gas from Woodside's Pluto project could start going into the North…

Gallery: Allseas Completes Tyra Removal Work Off Denmark

Aug 17, 2020

Allseas’ heavy lift vessel Pioneering Spirit has completed a removal campaign of processing and accommodation topsides and flare jackets as part of the Tyra Redevelopment Project for Total E&P Denmark. 'Over the last two weeks, Pioneering Spirit removed more than 27…

Beach Energy, Diamond Offshore Settle Dispute over Ocean Onyx Rig Deal. Sign New Contract

Aug 17, 2020

Australian oil company Beach Energy has signed a new contract with drilling company Diamond Offshore for the use of the Ocean Onyx semi-submersible drilling rig.The news comes after Beach in April terminated the previously signed contract for the rig…

Woodside Blocks Lukoil from Joining $4.2B Sangomar Project Off Senegal

Aug 17, 2020

Australian oil and gas company Woodside has blocked Cairn's stake sale in the $4.2B Sangomar development off Senegal to Russia's Lukoil, by exercising its pre-emption rights.To remind, Lukoil in July signed an agreement with Cairn Energy to acquire a 40% interest in the Rufisque…

Petrobras, Partners Sanction Mero 3 Offshore Development

Aug 17, 2020

Brazilian oil company Petrobras, the operator of the Libra consortium, has made the investment decision for the third phase of the Mero project, located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin…

ARA Taps Coolbaugh as Ohmsett Facility Manager

Aug 14, 2020

Applied Research Associates, Inc. (ARA) announced Dr. Tom Coolbaugh has joined the team as the Program/Facility Manager for Ohmsett – The National Oil Spill Response Research & Renewable Energy Test Facility. He will have oversight of the day-to-day operations…

KrisEnergy Charters Jack-Up Rig for Apsara Drilling. Platform to Sail Away Soon

Aug 14, 2020

Singapore-based KrisEnergy has signed a letter of award with Vietnam's PV Drilling for PVD III jack-up drilling rig. The 2009-built rig will be used to drill five development wells at KrisEnergy's Apsara Mini-Phase 1A development offshore Cambodia…

Norway's Yme Field Start-up Could Face More Delays

Aug 14, 2020

Production start-up from Repsol-operated Yme oil field in the North Sea offshore Norway might be delayed further, Repsol's Polish partner Lotos said.First, Repsol had in February said that the start of production would be delayed until the second…

Norway Gov't to Give $12,6M to Organizers of Canceled Oil & Gas Event

Aug 14, 2020

The Norwegian government plans to give NOK 21 million or about $12,6 million to the organizers of an oil and gas event that had to be canceled this year after the authorities imposed a ban on events of more than 500 people.The decision to cancel…

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Aug 14, 2020

Dutch floating production solutions provider SBM Offshore has ordered equipment from Malaysia's KNM to be installed on an FPSO destined for ExxonMobil's Guyana operations.Bursa Malaysia-listed KNM said SBM Offshore had on Thursday ordered PME pressure vessel separators worth around $4 million…

Rosneft Returns to 2Q Profit. Oil output Drops 13%

Aug 14, 2020

Russia's largest oil producer Rosneft made a second-quarter profit of 43 billion roubles after reporting a loss in the previous three months thanks to a rise in oil prices, it said on Friday.Rosneft, headed by Igor Sechin, a long-standing ally of President Vladimir Putin…

Greek, Turkish Warships in 'Mini-Collision' Amid Mediterranean Exploration Dispute

Aug 14, 2020

A Greek and a Turkish warship were involved in a mini-collision on Wednesday during a standoff in the eastern Mediterranean, a Greek defense source said, describing it as an 'accident'.Tensions have risen this week after Turkey sent a survey vessel to the region…

Equinor Gets Green Light to Use Odfjell Rig for Gullfaks Drilling

Aug 14, 2020

Norwegian energy company Equinor has been given consent to use the Deepsea Atlantic offshore drilling rig on the Gullfaks field in the North Sea, offshore Norway.Equinor will use Odfjell Drilling's semi-submersible drilling rig for production…

Fugro Charters CSV Southern Ocean for Work in Australia

Aug 14, 2020

Dutch offshore geotechnical services company Fugro has chartered the construction support vessel Southern Ocean for work offshore Australia.CSV Southern Ocean is jointly owned by Bourbon and Oceanteam. Works under the contract with Fugro are scheduled to start in Q4 2020…

TGS Disappointed by PGS' Rejection

Aug 14, 2020

Norwegian oil and gas seismic data supplier TGS is disappointed with the decision by rival company PGS to reject its $600 million offer for its multi-client library.TGS had earlier this month offered to acquire PGS' multi-client data for $600 million…

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