Offshore Regions News


Ørsted Finds Buyer for 50% Stake in 900MW German Offshore Wind Farm

3 hours ago

Danish renewables firm Ørsted A/S said on Tuesday it had signed an agreement to sell 50% of its 900-megawatt (MW) German offshore wind farm Borkum Riffgrund 3to fund manager Glennmont Partners.Ørsted said the around 9 billion Danish crown ($1…

Charter Extension for Solstad's Platform Supplier

3 hours ago

Norwegian offshore vessel owner Solstad Offshore has secured a contract extension for one of its platform supply vessels.In a brief statement on Wednesday, Solstad said that the one-year charter extension had been awarded to its 94,2-meter-long PSV Normand Server…

BW Energy Completes Two Production Wells Offshore Gabon

3 hours ago

Oslo-listed oil and gas company BW Energy has brought online the Gamba well DTM-7H as part of the Tortue Phase 2 field development in Gabon. The final well, DTM-6H, in the Dentale formation, is scheduled to come onstream in the coming days. Current…

Petrobras Hires Valaris DS-4 Drillship

4 hours ago

Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…

Philippines Defends Malampaya Gas Deal with Duterte's Ally after Graft Complaint

Oct 19, 2021

The Philippines' energy ministry on Tuesday defended the sale of an oil and gas concession to a firm controlled by an ally of President Rodrigo Duterte, dismissing a graft complaint that alleged preferential treatment as 'malicious'.Udenna Corp…

UK Sets Out Net Zero Strategy. Plans to Install 40 GW Offshore Wind Power by 2030

Oct 19, 2021

British Prime Minister Boris Johnson on Tuesday set out his ambition for a green revolution that he hopes will force Western economies to kick their addiction to fossil fuels.Britain at the end of the month hosts the COP26 U.N. climate talks in Glasgow…

Halliburton Posts 3Q Profit. CEO Sees a Multi-year Upcycle Unfolding

Oct 19, 2021

U.S. oilfield firm Halliburton Co on Tuesday posted its third consecutive quarterly profit, as a jump in oil prices and drilling activity boosted demand for its services and equipment.Oil prices have rallied to multi-year highs with global crude futures climbing 4…

Harland & Wolff's Arnish Facility to Build Subsea Templates for Black Sea Project

Oct 19, 2021

Harland & Wolff Group, until recently known as Infrastrata, has secured work for its Arnish facility on the west coast of Scotland. The company said Tuesday that Harland & Wolff (Arnish) has been awarded a contract for the fabrication of four…

PetroNor Given More Time to Find Partner for Offshore Block in The Gambia

Oct 19, 2021

Oslo-listed oil and gas company PetroNor has been given more time by the Government of The Gambia to progress its ongoing discussions over its A4 offshore license with potential partners.The Gambian government has granted PetroNor a one-year…

Providence Resources CEO Resigns

Oct 19, 2021

Ireland-based oil and gas firm Providence Resources, which has for years been looking at ways to develop its Barryroe oil and gas discovery offshore Ireland, has now informed that its CEO Alan Linn is stepping down from the Board, and all subsidiary companies…

TenneT: Hollandse Kust (noord) Jacket Completed

Oct 19, 2021

Dutch electricity transmission system operator TenneT said Tuesday that the load-out of the jacket for TenneT's offshore platform Hollandse Kust (north) has been completed in the port of Vlissingen, the Netherlands.The 2,100 tons heavy jacket…

Indonesia Cuts Oil and Gas Production Targets

Oct 19, 2021

Indonesia has cut its oil and gas production targets for this year, officials at industry regulator SKK Migas told reporters on Tuesday, as the coronavirus pandemic impacted new projects.The oil lifting target for 2021 was cut to 665,000 barrels per day (bpd) from an earlier target of 705…

Talos Energy, TechnipFMC Working on CCS Solutions for U.S. Market

Oct 19, 2021

U.S.-based oil and gas company Talos Energy has partnered up with oilfield services firm TechnipFMC to develop and deliver technical and commercial solutions to Carbon Capture and Storage ('CCS') projects along the United States Gulf Coast.'The…

UK Rolls Out Green Energy Carpet for Global Investors

Oct 19, 2021

Britain said it had attracted nearly 10 billion pounds ($13.72 billion) from global investors to fund its green regeneration agenda, as it hosted an investment summit involving 200 of the world's top financiers and executives.The summit marks post-Brexit Britain's biggest push to woo investors…

Current News

RWE to Invest $21B in Green Energy in Britain by 2030

Carnegie Launches Wave Energy Device to Power Moored Vessels

TGS, CGG, BGP to Carry Out Seismic Surveys Offshore Suriname

Ørsted Finds Buyer for 50% Stake in 900MW German Offshore Wind Farm

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