Offshore Regions News - page 378


Wintershall Dea's Plans for Dvalin North and Maria Phase 2 Fields Get Green Light

Jun 28, 2023

Wintershall Dea and its partners Petoro and Sval Energi have received approval from the Norwegian Ministry of Petroleum and Energy (MPE) for their plans to develop the Dvalin North field and the second phase of the Maria field in the Norwegian Sea…

CGX Energy, Frontera Strike Oil at Wei-1 Well Offshore Guyana

Jun 28, 2023

Guyana-focused oil and gas companies CGX Energy and Frontera Energy Corporation said Wednesday they had discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. 'The Joint Venture…

Exporting Too Much Gas Could Jeopardize Israel's Energy Security, Warns Official

Jun 28, 2023

Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said in a letter seen by Reuters. The country is expected to roughly double…

INEOS FPS Awards Long-Term Contract to Sparrows Group for Unity Platform Support

Jun 28, 2023

UK-based Sparrows Group, a company providing engineering and maintenance services for global energy and industrial sectors, has secured a three-and-a-half-year contract with INEOS FPS.Under the contract, Sparrows will provide crane and lifting equipment operations…

Norway Approves More than $18B in Oil, Gas Investments

Jun 28, 2023

Norway's government said on Wednesday it had given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come…

Brazil Aims to Pass Offshore Wind, Green Hydrogen Laws by 2023 End

Jun 28, 2023

Brazil aims to pass a regulatory framework for offshore wind and green hydrogen by the end of this year, the country's energy minister told Reuters on Tuesday, as Latin America's largest nation seeks to unlock new sectors to power its energy transition…

Aquila Holdings Wins Norway Multi-Client Seismic Data Licensing Contract

Jun 28, 2023

Aquila Holdings, through its subsidiary Axxis Multi Client AS, on Tuesday announced a USD 0.34 million  - net to Aquila Holdings - multi-clientseismic data licensing contract with an existing customer. Under the contract, the customer will license…

PetroNor to Receive Up to $85 Million in Guinea-Bissau Offshore Block Farm-Out Deal

Jun 28, 2023

Oil and gas company PetroNor E&P ASA has agreed to farm out 100 per cent of its participating interest in the two exploration licenses offshore Guinea-Bissau to an SPV owned by Apus Energy DMCC, a subsidiary of Petromal.According to the agreement…

Eni to Offload Non-Core Permits in Republic of Congo for $300M

Jun 27, 2023

Italian oil and gas giant Eni said Tuesday it had signed a deal to sell to Perenco its participation interest in several non-core permits in the Republic of Congo.'The transaction value is approximately $300 million, including firm and contingent consideration…

Prysmian Selects Name for New Cable Laying Vessel

Jun 27, 2023

Italian power cable making and installation group Prysmian Group has chosen the name Monna Lisa for the new 171-meter cable-laying vessel that is currently under construction in Romania. The vessel is the sister ship to Prysmian's Leonardo da Vinci cable layer…

TotalEnergies Crowned Most Admired Explorer, Wins Discovery of the Year Award

Jun 27, 2023

French oil major TotalEnergies has been named the upstream industry's most admired explorer and has received the Discovery of the Year award in Wood Mackenzie's annual Exploration Survey. This is TotalEnergies' third time winning the most-admired explorer award…

Safety Body Launches Probe into Fire at Equinor's Gina Krog Offshore Platform

Jun 27, 2023

The Norwegian offshore safety body, the Petroleum Safety Authority Norway (PSA), has started investigating a recent fire in a utility room within the living quarters of Equinor's Gina Krog offshore platform in the North Sea, off Norway.The PSA…

In a 'World first', Lhyfe's Sealhyfe Pilot Starts Producing Green Hydrogen in the Atlantic

Jun 27, 2023

Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first.The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic…

Linjepartner to Deliver Overhead Power Lines for Aker BP's Power from Shore Project

Jun 27, 2023

Norway's Linjepartner has been selected as a partner for the delivery of overhead lines in Aker BP's Yggdrasil power from shore project. Yggdrasil is an offshore oil development in the North Sea, off Norway.According to a press release issued Tuesday…

"Significant Contract" - TechnipFMC to Supply Subsea Production Systems for Offshore Project in Angola

Jun 27, 2023

Oilfield services firm TechnipFMC said Monday it had won a significant contract with Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola.For TechnipFMC, a “significant” contract is between $75 million and $250 million…

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