Offshore Regions News - page 472


Japan Picks Five Promising Zones for Offshore Wind Farms

May 12, 2023

The Japanese government said on Friday it had chosen five sites off the coast of Hokkaido as 'promising zones' for developing offshore wind farms, marking the second stage in a three-part selection process. The move comes as Japan looks to accelerate…

Shell Awards Noble Voyager Drillship Contract for Deepwater Exploration in Mauritania

May 12, 2023

Offshore drilling firm Noble has secured a contract with Shell for the 7th generation drillship Noble Voyager.Under the contract with Shell, the Noble Voyager drillship will drill one deepwater exploration well offshore Mauritania. The contract…

Prysmian Still Prudent on Full-year Forecast after Q1 Core Earnings Beat

May 12, 2023

Prysmian, the world's largest cablemaker, said on Thursday its core earnings jumped 48% in the first quarter, beating estimates, as it continued to profit from global trends in energy transition and electrification.However, despite strong quarterly results…

PGS Signs Seismic Acquisition Deal for Carbon Storage Project in Norway

May 11, 2023

Norwegian offshore seismic survey firm PGS has entered into a seismic acquisition contract for carbon storage offshore Norway with an independent energy company. The project, with an unnamed client, is scheduled to start in September and has a duration of approximately one month…

Recent News a ‘Mixed Bag’ for US Offshore Wind

May 11, 2023

The month of May brings a mixed bag of news for offshore wind in the United States, as outlined in the latest U.S. Offshore Wind Report from business intelligence firm Intelatus Global Partners.In the 'positive' category, Intelatus said federal permitting of projects continues on schedule…

Gulf of Thailand: Uzma Clinches 3-Year Coil Tubing Contract with Valeura Energy

May 11, 2023

Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc.The three-year contract is for the provision of coil tubing equipment and services in the Gulf of Thailand…

PGS Expands Norwegian Sea Seismic Survey

May 11, 2023

Norwegian offshore seismic survey firm PGS said Thursday that its seismic vessel Ramform Atlas had started acquiring data on the 2023 Norwegian Sea GeoStreamer X survey. This project is a continuation of a multi-season campaign.'Over the summer season…

Crown Energy Withdraws from South African Offshore Venture Following Disappointing Well Results

May 11, 2023

Crown Energy said Thursday it would withdraw from the joint venture operating the Block 2B offshore South Africa after disappointing results of the Gazania-1 exploration well drilled in 2022.The Gazania-1 well was spudded in October 2022, using the Island Innovator semi-submersible drilling…

Win Up to $1 Million: ADNOC Launches Global Competition to "Reshape Energy Landscape"

May 11, 2023

Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…

TechnipFMC Wins Major Contract for SURF System Offshore Brazil

May 11, 2023

Oilfield services firm TechnipFMC has won a contract to supply subsea umbilicals, risers, and flowlines (SURF) for the recently sanctioned $9 billion BM-C-33 offshore development in Brazil.The contract was awarded by Equinor, the operator of the offshore block…

Taiwan's Offshore Wind Industry Braves Cross-strait Risks in Clean Energy Boom

May 11, 2023

In the port city of Taichung on Taiwan's west coast, a crane hoists into place the end section of a white wind turbine tower that stands almost a hundred meters tall.The turbine will be one of 111 spinning at a multi-billion dollar offshore wind…

Ecopetrol to Boost Exploration, Warns of Production Hit

May 11, 2023

Colombia's majority state-owned energy company Ecopetrol will be more aggressive in exploring for oil under existing contracts, Chief Executive Ricardo Roa said on Wednesday, as the company warned external factors including weather and security issues could hit production…

SBM Offshore Quarterly Revenue Drops 24% on One-off Divestment

May 11, 2023

May 11 (Reuters) - Dutch oil and gas services firm SBM Offshore SBMO.AS reported a 24% drop in first-quarter revenue on Thursday, citing the impact from one-off divestment in two of its vessels last year.Group revenue fell to $742 million for the first three months of 2023…

Cluster of Chinese Vessels Spotted Near Russian Rig Off Vietnam

May 10, 2023

A Chinese research vessel flanked by coast guard and nearly a dozen boats on Wednesday entered a gas block operated by Russian and Vietnamese state firms, two monitoring groups said, another potential flashpoint in the South China Sea.It follows…

RMI to Provide Medical Support for World's Largest Offshore Wind Farm

May 10, 2023

RMI, a company providing medical, security, and technical services said Wednesday it had been tasked with the provision of medical support for what will be the world’s largest offshore wind farm - Dogger Bank.The company, which specialises in…

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