Offshore Regions News - page 380


First Foundation Installed for South Fork Wind

Jun 22, 2023

South Fork Wind, New York's first offshore wind farm, has achieved first 'steel in the water' with the installation of the project's first monopile foundation.In the coming days, South Fork Wind will install the project's U.S.-built offshore substation…

Petrobras Says Reinjection of Gas in Wells is Essential to Oil Production

Jun 22, 2023

Brazil's state-run oil company Petrobras said on Thursday the reinjection of natural gas in wells is essential to its oil production, especially in its pre-salt fields.Speaking at an event, its Chief Executive Jean Paul Prates also said the…

W&T Offshore Appoints Parasnis as EVP and CFO

Jun 22, 2023

W&T Offshore, an independent oil and natural gas producer with operations offshore in the Gulf of Mexico, on Thursday announced the appointment of Sameer Parasnis to the position of Executive Vice President and Chief Financial Officer, effective July 3…

Dolphin Drilling Acquires Two Semi-sub Rigs From Transocean

Jun 22, 2023

Oslo-based offshore drilling contractor Dolphin Drilling announced Thursday it had reached a deal to acquire two semi-submersible drilling rigs, the Paul B. Loyd Jr. and the Transocean Leader from Transocean for a total of $61.5 million (plus an additional $3 million)…

Transocean's Deepwater Titan Begins Inaugural Contract for Chevron

Jun 21, 2023

Offshore drilling contractor Transocean said its new eighth-generation drillship Deepwater Titan has started its inaugural contract with supermajor Chevron in the U.S. Gulf of Mexico.Built by Singapore's Sembcorp Marine and delivered to Transocean subsidiary Triton Titan GmBH in December 2022…

Atlantic Offshore to Roll Out Inmarsat LTE Fleet-wide

Jun 21, 2023

Norwegian offshore services provider Atlantic Offshore has agreed to a fleet-wide roll-out of Inmarsat’s all-in-one Fleet LTE service to ensure continuous connectivity in the North Sea.Inmarsat Maritime, a Viasat business, said the commitment…

Shell Ramping Up Olympus Gulf of Mexico Oil Platform After Maintenance

Jun 21, 2023

Top U.S. Gulf of Mexico oil producer Shell said on Wednesday that its Olympus offshore platform in the Gulf of Mexico was in the process of ramping up production after maintenance.The Olympus platform was offline for planned overhauls, starting June 7…

Analysts Turn Bullish on Petrobras as New Policies Become Clearer

Jun 21, 2023

Analysts at major global banks have been upgrading their share price expectations for Brazil's state-run oil firm Petrobras PETR4.SA as they evaluate that the new leftist government's policies are not as unfriendly to investors as some had feared…

Norway Moves to Open Its Waters to Deep-sea Mining

Jun 20, 2023

The Norwegian government on Tuesday proposed opening its waters to deep-sea mining despite opposition from green campaigners and some countries, as it seeks to shift from a reliance on hydrocarbons to new sources of economic activity.Norway…

Qatar Strikes Second Big LNG Supply Deal with China

Jun 20, 2023

Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.China National…

Cyprus Seeks Mediterranean Gas Link to Israel

Jun 20, 2023

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.Proposals by the new centrist Cypriot government, which came to power in March…

Hollandse Kust Noord Wind Farm Delivers First Electricity

Jun 19, 2023

The first electricity has been produced from the large Hollandse Kust Noord offshore wind farm, companies running the project said on Monday.In a statement, the CrossWind consortium led by Shell and Mitsubishi subsidiary Eneco said it had delivered…

Brazil-bound FPSO Sepetiba Departs BOMESC Shipyard in China

Jun 19, 2023

The Brazil-bound FPSO Sepetiba sailed away from the BOMESC shipyard in China on June 16, 2023, following completion of the topsides integration and onshore commissioning phases.The unit—SBM Offshore’s third Fast4Ward FPSO—is transiting to the Mero field in the Santos Basin offshore Brazil…

Baker Hughes Wins Subsea Contract from Eni in Ivory Coast

Jun 19, 2023

Energy technology company Baker Hughes announced it has been awarded a contract by Eni and its partner Petroci for the Baleine Phase 2 project in Ivory Coast, Africa’s first Scope 1 and 2 net-zero emissions development.This award, which includes eight deep water trees…

Talos Names Maiworm CFO

Jun 19, 2023

Houston based Talos Energy announced it has appointed Sergio L. Maiworm Jr. as the Company's Chief Financial Officer and Senior Vice President, effective as of July 1, 2023, replacing Shannon E. Young, III who has accepted a similar role with another independent E&P company…

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