Offshore Regions News


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

3 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

6 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…

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

6 hours ago

Portugal's main utility EDP will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of 16 gigawatt of photovoltaic power the region is expected to install over rivers and seas by 2030.EDP Chief Executive…

TGS Buys Prediktor

6 hours ago

Norwegian company TGS has acquired Prediktor AS, a provider of asset management and real-time data management solutions to renewable and energy asset owners.'Established in 1995, the company has carried out thousands of installations on mission…

Longboat Energy Farms Into Two Offshore Exploration Prospects in Norway

7 hours ago

Oil and gas company Longboat Energy has completed the farm-in into two OMV's near-term, gas weighted exploration prospects on the Norwegian Continental Shelf ('NCS') targeting combined gross unrisked mean prospective resources of 223 mmboe of which 45 mmboe net to Longboat)…

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

8 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…

U.S. to Add 6 GW of Offshore Wind Capacity Through 2029 -EIA

9 hours ago

Power plant developers and operators plan to install more than 6 gigawatts of offshore wind capacity at sites mostly along the U.S. eastern seaboard over the next seven years, the U.S. Energy Information Administration (EIA) said in a report on Thursday…

Russia to Replace Sakhalin-2 Project Operator with New Firm

9 hours ago

Russia will create a firm which will take over all rights and obligations of the Sakhalin Energy Investment Company amid Western sanctions imposed on Moscow, a decree signed by President Vladimir Putin said on Thursday.The 5-page decree indicates…

Biden Administration Offshore Drilling Plan Delayed

Jun 30, 2022

The Biden administration on Thursday delayed the rollout of a proposed five-year offshore oil and gas development plan that had been promised by the end of the month, according to sources.Interior Department Secretary Deb Haaland in May had…

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

Jun 30, 2022

A state agency in Australia has backed a plan to extend the life of the country's biggest liquefied natural gas plant by 50 years, so long as it achieves net zero carbon emissions for the rest of this decade, partly to protect ancient indigenous rock art…

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Jun 30, 2022

Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%.'The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results…

Boskalis to Install Substations, Monopiles for Ørsted, Eversource U.S. Offshore Wind Farms

Jun 30, 2022

Ørsted and Eversource, two companies that have partnered up to buiild offshore wind farms in the U.S. said Thursday they'd signed contracts with Boskalis to support the construction of their offshore wind project in the U.S.The work with Boskalis…

Petrobras Extends Reservoir Characterization Services Contract with CGG

Jun 30, 2022

French oil and gas seismic data firm CGG said Thursday it had secured a four-year contract extension for its dedicated reservoir services center for Petrobras in Rio de Janeiro, Brazil.'[CGG's] in-house team of reservoir characterization specialists…

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…

Current News

Aker BP Takes Over Lundin Energy's Oil and Gas Business

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

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