Offshore Regions News - page 1020


Australia Reviewing Equinor Environmental Plan

Sep 20, 2019

Australian authorities say they have resumed assessing the environmental plan for Equinor's proposed exploration drilling activity in the Great Australian Bight after the Norwegian energy company provided additional information requested as part of the review…

Equinor, SSE Win Contract for Largest Offshore Wind Project

Sep 20, 2019

Equinor and Britain's SSE have won a tender to build three wind farms off Britain, which the Norwegian firm said together will form the world's largest such development.Like other European oil firms, Equinor is developing its renewables business…

Liberator Pilot Well Plugged and Abandoned

Sep 20, 2019

The 13/23c-9 pilot well on i3 Energy's 100% owned Liberator field has been plugged and abandoned as planned following completion of the vertical seismic profile ('VSP') survey and shear wave sonic logging, the independent oil and gas company said in an operations update on Friday…

Petrofac Sells Mexico Assets to Perenco

Sep 20, 2019

Oilfield services company Petrofac Ltd said on Thursday it would sell the remaining 51% interest in its Mexican oilfields for up to $276 million to Anglo-French oil and gas company Perenco.Petrofac, which had offloaded a 49% stake in the operations to Perenco last year…

Petronas Q2 Profit Rises 8%

Sep 20, 2019

Malaysia's state-owned energy firm Petroliam Nasional Bhd reported an 8% increase in second-quarter profit on Friday because of a weaker Malaysian ringgit, though that was partially offset by higher product costs.Petronas, as the company is known…

Allseas Scores Gyda Platform Removal Job

Sep 20, 2019

Allseas announced on Friday it has been awarded an EPRD contract from Repsol Norge to remove, transfer, load-in to shore and dispose of the Gyda platform in the Norwegian North Sea.The contract covers both the 18,000 t topsides and 11,200 t jacket…

Dominion to Build Largest US Offshore Wind Farm

Sep 20, 2019

The American power and energy company headquartered in Richmond, Dominion Energy wants to build what it says would be the largest offshore wind project in the United States off the Virginia coast.The company filed an application with the regional transmission organization PJM…

Homeland Orders Security/Crew Vessels

Sep 19, 2019

Nigeria-based Homeland Integrated Offshore Services LTD (Homeland IOS) said it has placed an order with the Singaporean Penguin Shipyard for several Flex Fighter security/crew vessels for delivery in December 2019.The 40-meter vessels are among the first of Penguin Shipyard’s latest generation…

Ørsted to Deploy GE's 12MW Offshore Turbine

Sep 19, 2019

Denmark-based offshore wind developer Ørsted said it has selected GE Renewable Energy as the preferred turbine supplier for two of its US offshore wind farms which marks the world’s first commercial deployment of GE’s Haliade-X 12-megawatt (MW) offshore wind turbine…

Chevron to Boost St. Malo Production

Sep 19, 2019

Chevron has sanctioned a project to increase recovery in the St. Malo field, as the US based supermajor looks to maximize existing resources in the Gulf of Mexico.The waterflood project is Chevron’s first in the deepwater Wilcox trend and is…

Europa Lands High Impact Venture Offshore Morocco

Sep 19, 2019

The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country’s drive to launch viable upstream projects that would…

Talos Making Moves in the Gulf of Mexico

Sep 19, 2019

Talos Energy announced it has entered into two separate agreements with BP and ExxonMobil related to new exploration opportunities in the U.S. Gulf of Mexico. The company said it will work with BP to drill and evaluate the Puma West prospect…

Mitsui Looks to Sell BassGas Stake

Sep 19, 2019

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…

Van Oord Wins Cable Install Work

Sep 18, 2019

Van Oord said it has been awarded the contract by Ørsted for the cable installation works at the Greater Changhua 1 & 2a offshore wind farms located between 35 and 60 kilometers off the west coast of Changhua County, Taiwan.Van Oord is responsible for the transportation…

ExxonMobil Looks to Sell Australian Assets

Sep 18, 2019

Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.The sale could fetch up to $3 billion…

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