Offshore Regions News - page 289


Developers Submit Scoping Report for 1GW Scotwind Floating Wind Farm

Feb 05, 2024

Thistle Wind Partners (TWP), a consortium involving DEME, Qair and Aspiravi, has submitted the onshore scoping report for its Ayre Offshore Wind Farm to The Highland Council.TWP’s Ayre project, located to the east of Orkney, will be a 1 GW floating wind farm…

Serica Energy Plans Four-Well Drilling Campaign in North Sea

Feb 05, 2024

UK North Sea-focused oil company Serica Energy has set out plans to drill four wells in the Triton area, along will well work on the Bruce and Keith fields as part of its investment program for 2024.Serica is planning an ‘ambitious program’…

Shell Joins Wave-Powered Subsea Project

Feb 05, 2024

Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the coast of Orkney through a combination of wave power and subsea energy storage. The $2.5 million (£2million) demonstrator initiative…

Chevron Profit Sinks as Earnings from Oil Production Tumble

Feb 05, 2024

Chevron on Friday beat analysts' earnings estimates and increased dividends on higher oil and gas production, after a year of sharply lower profits on missteps and charges.Shares were up 2% in morning trading after the company beat analysts'…

Venezuela to Get Almost Half of Dragon Gas Project's Income

Feb 05, 2024

Britain's Shell and Trinidad's National Gas Company (NGC) will pay Venezuela no less than 45% of gross revenues from the Dragon gas production project off Venezuela's coast, according to license terms published on Saturday.In December, Venezuela…

MOL and JX to Develop Japan-Australia Cross Border CCS Value Chain

Feb 05, 2024

Japanese shipping firm Mitsui O.S.K. Lines (MOL) and JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon capture and storage (CCS) value chain between Japan and Australia, including CO2 marine transport…

New York City Approves Empire Wind O&M Hub Design

Feb 05, 2024

The New York City Public Design Commission (PDC) has approved Equinor’s design for the offshore wind operations and maintenance building to be constructed at the South Brooklyn Marine Terminal (SBMT).The approval from the PDC allows for advancement…

Vard to Convert IT Infinity PSV to Cable Laying Vessel

Feb 05, 2024

Norwegian ship designed and builder Vard has secured a contract from I.T. International Telecom Marine (IT) to convert its platform supply vessel (PSV) IT Infinity into a cable laying vessel (CLV).The PSV was built at Vard Brattvaag and delivered…

CNOOC’s Oil Field in Bohai Sea Starts Production

Feb 05, 2024

China's state-run offshore oil and gas explorer and producer CNOOC has started production from its Suizhong 36-1/Luda 5-2 discovery, located in Liaodong Bay of Bohai Sea.The main production facilities include two new central processing platforms and two new wellhead platforms…

Shell Hires Valaris Rig for North Sea Drilling Job

Feb 05, 2024

Shell has confirmed that a rig contract has been signed with Valaris for the drilling of both the Selene exploration well and the Pensacola appraisal well in the North Sea, expected to start in summer 2024.The two wells will be drilled using the Valaris 123…

Canada Regulator Licenses Equinor's Offshore Oil Discovery

Feb 02, 2024

A Canadian offshore oil regulator said on Friday it has licensed an oil discovery by Equinor ASA off the country's coast, an area of around 14,900 hectares.The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said that the…

Equinor Books DOF’s AHTS Vessel for Norwegian Ops

Feb 02, 2024

Equinor has booked DOF Group’s anchor handling tug supply (AHTS) vessel Skandi Iceman for its Norwegian operations, along with ROV services to be provided by the company.The contract award means that the DOF Group will have two anchor handlers…

DOF Vessel to Report for Duty Offshore Australia

Feb 02, 2024

Norwegian offshore vessel owner DOF Group has secured ‘substantial contract’ with an international oil company for the platform supply vessel (PSV) Skandi Kvitsøy.The vessel will work in Australian waters and further strengthen DOF’s presence in Australia…

IWS to Provide CSOV Fleet for Siemens Gamesa Offshore Wind Projects

Feb 02, 2024

Integrated Wind Solutions (IWS) has, through its wholly-owned subsidiary IWS Fleet, entered into a frame term agreement with Siemens Gamesa to provide its commissioning service operation vessel (CSOV) fleet for offshore wind farms in North Europe…

Wood Scoops $80M Contract Extension with Equinor Offshore Brazil

Feb 02, 2024

U.K. engineering company Wood has secured a contract extension with Equinor to deliver maintenance and modification solutions to its Peregrino offshore assets in Brazil.The two-year extension, worth $80 million, builds on a long-term and global partnership with Equinor…

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