Offshore Production News


Strohm to Deliver TCP Subsea Water Alternating Gas (WAG) Jumper for Exxon's Guyana Project

2 hours ago

U.S. oil major ExxonMobil is set to install a subsea water alternating gas (WAG) jumper made from Strohm’s Thermoplastic Composite Pipe (TCP) on the Liza Phase 2 project offshore Guyana. This will be followed by a multi-jumper deployment campaign…

Vår Energi Buys Into Lime Petroleum's North Sea Blocks, Off Norway

5 hours ago

Oil and gas company Lime Petroleum has signed an agreement with Vår Energi to farm down by 10 per cent, Lime’s 40 per cent interests in licenses PL820 S and PL 820 SB in the North Sea.Lime had on April 14, 2022 signed an agreement to acquire MOL Norge 40 per cent interests in the said licenses…

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

7 hours ago

India introduced export duties for gasoil, gasoline and jet fuel on Friday to help boost domestic supplies, while also imposing a windfall tax on oil producers that have benefitted from higher global crude oil prices.The new taxes, announced in government orders…

Offshore Oil Workers' Strike on Equinor's Platforms Could Shut 4% of Norway's Oil Output

Jun 30, 2022

Some 74 Norwegian offshore oil workers at Equinor's Gudrun, Oseberg South and Oseberg East offshore platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway's oil production.The announcement by Lederne…

Norway: Lederne Oil Workers Reject Wage Deal

Jun 30, 2022

Members of the Lederne labour union representing Norwegian oil workers have voted against a wage deal negotiated with oil companies, a state-appointed mediator said on Thursday.It was not immediately clear if Lederne's members would go on strike as a result of the vote…

Drydocks Orders Kanfa FPSO Topside Module

Jun 29, 2022

UAE-based shipyard Drydocks World has signed a contract with Norway-based Kanfa to deliver a topside module for a floating production storage and offloading vessel.In what will be the first collaboration between Drydocks World and Kanfa, the M10 module will be placed on the main deck of the FPSO…

IEA: Norway Must Prepare for Faster Drop in Oil Demand

Jun 29, 2022

Norway must do more to prepare for a decline in its dominant oil and gas industry in the coming decades as other nations start to free themselves from petroleum dependence, the International Energy Agency (IEA) says in a new report.Western Europe's…

Shell Says Prelude LNG Shipments Disrupted Until at Least Mid-July

Jun 28, 2022

Shell Plc said on Wednesday liquefied natural gas (LNG) shipments from its Prelude floating facility off northwest Australia would be disrupted for at least two weeks due to work bans by unions fighting for better pay.Loading disruption at the 3…

Black Sea Gas Platform Launched Offshore Romania Despite War Risks

Jun 28, 2022

A new Black Sea offshore gas platform was officially launched off Romania on Tuesday and plans to extract gas despite risks posed by war in Ukraine, including mines detected in waters nearby.The project by Black Sea Oil & Gas (BSOG), controlled by U…

Subsea Tiebacks: LLOG Starts Production from Spruance Oil and Gas Field

Jun 28, 2022

U.S. Gulf of Mexico-focused oil and gas company LLOG Exploration said Tuesday it had recently kicked off production from its Spruance field, located offshore Louisiana.The two-well subsea development is located in Ewing Bank (“EW”) Blocks 877 and 921 in the U…

Global Energy Consumption Topped Pre-pandemic Levels in 2021, says BP

Jun 28, 2022

Global energy consumption rose by 5.8% in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP.Oil demand last year was 3…

Libya NOC Could Declare Force Majeure in Gulf of Sirte Area

Jun 27, 2022

Libya's National Oil Corporation (NOC) said on Monday it was considering declaring force majeure in the Gulf of Sirte area within 72 hours unless production and shipping resume at the oil terminals there.Mustafa Sanallah, chairman of the state oil firm…

France Wants Iran, Venezuela Return to Oil Markets

Jun 27, 2022

France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian squeeze of energy supplies that has spiked prices, a French presidency official said on Monday.It also wants a planned mechanism to cap the price…

European Gas Prices Dip as Correct Previous Gains, Norwegian Flows Rise

Jun 24, 2022

Dutch and British wholesale gas prices mostly fell on Friday morning, correcting gains made the previous day after Germany triggered the second phase of its emergency gas plan.The benchmark Dutch wholesale gas contract for July delivery  was down 4…

Current News

Deirdre Michie to Step Down as Offshore Energies UK CEO

Strohm to Deliver TCP Subsea Water Alternating Gas (WAG) Jumper for Exxon's Guyana Project

Manor Renewable Energy Orders Two Crew Transfer Vessels from Strategic Marine

RWE Brings Online Its First Floating Solar Plant

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