Offshore Engineer Industry News News - page 363


Greater Tortue Ahmeyim Project Start-Up Could Slide to Q2 2024, Kosmos Energy Says

Nov 07, 2023

Kosmos Energy said on Monday that the start-up of the BP-operated  Greater Tortue Ahmeyim (GTA) gas project offshore Senegal and Mauritania could slip into the second quarter of 2024.BP last week said that the project was 90% complete and is expected to start production in the first quarter…

Bangladesh Gov't Gives Nod for Country's First Offshore Wind Project, Summit Says

Nov 07, 2023

Denmark's green investment proposal valued at USD 1.3 billion for developing the country's first 500 MW utility-scale offshore wind energy project has received approval in principle from the Bangladesh government to carry out a detailed feasibility…

Norway: Lime Petroleum to Farm Into North Sea Oil & Gas Field

Nov 07, 2023

Rex International's subsidiary Lime Petroleum has entered into sale and purchase agreements with the Norwegian oil firms DNO and OKEA to acquire a stake in a Norwegian North Sea License containing the Brasse field, which is expected to start commercial production in 2027…

DNV Concludes First Phase of Floating Offshore Wind Substation Standard JIP

Nov 07, 2023

Energy expert and assurance provider DNV said Tuesday it had concluded Phase 1 of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector. 'The collaborative industry effort has…

AD Ports Group Acquires 10 Offshore Vessels in $200 Million Deal

Nov 07, 2023

AD Ports Group said Tuesday it had acquired offshore vessels from E-NAV, for around $200 million, to bolster offshore operations in the Middle East and Southeast Asia.According to AD Ports, the vessels make up a well-maintained, diversified fleet with an average age of around 9 years…

Brazil: New Fortress Energy Charters FSRU Energos Winter

Nov 06, 2023

New Fortress Energy said Monday it had executed a definitive agreement to charter the Floating Storage and Regasification Unit (“FSRU”) Energos Winter from Brazil's Petrobras starting in December 2023. The FSRU Energos Winter will be immediately deployed to Terminal Gas Sul (“TGS”)…

Shell Exits US Offshore Wind Farm Contract, Agrees to Pay Penalty

Nov 06, 2023

Shell's finance chief said on Thursday the firm had exited a power purchase agreement (PPA) for the planned SouthCoast windfarm off the coast of Massachusetts, agreeing to pay a penalty rather than face rising costs for building the project…

BW Energy Strikes Oil Offshore Gabon

Nov 06, 2023

Oil and gas company BW Energy said Monday that its DHBSM-1 appraisal well has encountered commercial volumes of oil in the Hibiscus South satellite prospect, offshore Gabon.The company said it planned to return to the well to complete it as a production well in early 2024…

Finland Receives LNG Cargo, Books More for the Winter

Nov 06, 2023

A tanker carrying liquefied natural gas (LNG) docked at Finland's Inkoo terminal on Sunday and has begun unloading, energy company Gasum said on Monday, the second cargo to arrive since the damage last month to a Finnish-Estonian pipeline.The Arctic Princess…

UK to Legislate for Annual North Sea Oil and Gas Licence Rounds

Nov 06, 2023

The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a move Prime Minister Rishi Sunak says would create certainty for the industry during a transition to greener energy.In July the government…

ABL to Provide Marine Warranty Survey Services for Malaysian Drilling Rig Firm

Nov 06, 2023

Energy and marine consultancy ABL said Monday it had won a contract with offshore drilling firm Velesto Drilling to provide marine warranty survey (MWS) services relating to the rig operator’s rig moves offshore Malaysia.ABL will also support Velesto Drilling with rig moves to adjacent countries…

Kosmos Energy Becomes Operator of 'World-Scale' Senegal Offshore Discoveries as BP Exits

Nov 06, 2023

Oil and gas company Kosmos Energy said Monday it had increased its working interest to 90% and assumed operatorship of the 'world-scale ' Yakaar-Teranga gas discoveries offshore Senegal. The increase in working interest follows BP’s exit from the field…

Cyprus Responds to Chevron Extension Sought over Aphrodite Gas

Nov 06, 2023

Cyprus has responded to a request from international energy companies led by Chevron for an extension in talks over a modified development plan for its Aphrodite offshore gas field, its energy minister said on Monday.Talks to bridge a rift over pared-back plans for the 3…

Production Starts from Seagull North Sea Oil and Gas Field

Nov 06, 2023

Oil major BP said Monday that production had started from the Seagull oil and gas field in the UK North Sea.Seagull has been developed by Neptune Energy as a subsea tieback to the BP-operated central processing facility (CPF) of the Eastern Trough Area Project (ETAP) in the central North Sea…

Ship Shortage Dealt Death Blow to Orsted's New Jersey Offshore Wind Hopes

Nov 05, 2023

Danish energy firm Orsted's shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays securing the ship it needed to build the project, company officials said.The world's biggest offshore wind…

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