Offshore Regions News


Wintershall Dea Gets Takeover Interest from Groups Including TotalEnergies -Handelsblatt

few minutes ago

BASF, which has said it is seeking an exit from its energy business Wintershall Dea, has attracted deal interest from companies including TotalEnergies and Equinor for the oil and gas unit, German newspaper Handelsblatt reported on Monday.BASF CEO Martin Brudermueller…

Eni's Geng North-1 Well Reveals Massive Gas Find Offshore East Kalimantan

1 hour ago

Italian oil and gas firm Eni said Monday it had made a significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, about 85 km off the coast of East Kalimantan in Indonesia. 'Preliminary estimates indicate a…

Shelf Drilling Wins $18M Extension for North Sea Jack-up Rig

2 hours ago

Offshore drilling firm Shelf Drilling has secured a two-well contract extension for the Shelf Drilling Fortress jack-up rig. The rig is on a contract with China's CNOOC, operating in the UK North Sea, at the Golden Eagle offshore oil field.The…

US Plans Sharp Reduction in Offshore Oil and Gas Lease Sales

Sep 29, 2023

The Biden administration on Friday unveiled a plan to phase down oil and gas auctions in federal waters with the release of a long-awaited leasing schedule that includes a maximum of three sales in the Gulf of Mexico through 2029.The Interior…

Global Underwater Hub Hosts Royal Visit from King Charles

Sep 29, 2023

A UK-based trade body representing companies operating in the UK subsea sector, Global Underwater Hub (GUH), received a visit from King Charles on Friday, September 29.GUH said it had provided King Charles with a tour of its premises in Westhill on the outskirts of Aberdeen…

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Sep 29, 2023

Oilfield services giant Baker Hughes said Friday it had secured two 'major' contracts from the Norwegian oil and gas company Vår Energi.The first contract, a nine-year engagement, is for well intervention. In addition to the interventions scope…

Europe: Gas Prices Fall as Some Norwegian Outages End

Sep 29, 2023

Dutch and British wholesale gas prices fell on Friday morning as Norwegian pipeline supplies picked up after some maintenance outages ended.The Dutch October contract edged down by 0.68 euro to 38.95 euros per megawatt hour (MWh) by 0820 GMT…

Four Firms Apply for CO2 Storage Acreage Offshore Norway

Sep 29, 2023

The Norwegian Petroleum Directorate said Friday it had received applications from four companies with proposed acreage for storing CO2 in the North Sea, offshore Norway.While the applications came from four companies, NPD said it had received two applications…

Challenges Loom as Colombia Seeks Offshore Gas Development

Sep 29, 2023

Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability, and required infrastructure investments all make the situation uncertain…

Exxon, Hess Exit Kaieteur Offshore Oil Exploration Block in Guyana

Sep 28, 2023

U.S. oil producers ExxonMobil and Hess Corp have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results.The exit comes as the producers focus on their larger and highly productive Stabroek block…

Biden's Five-year Offshore Oil Plan to Have Historically Few Lease Sales

Sep 28, 2023

The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature the lowest number of auctions in the history of the program in the four years to follow, according to three sources familiar with the matter…

Constellation's Alpha Star Offshore Rig Wins Multi-year Petrobras Contract

Sep 28, 2023

Brazilian oil and gas company Petrobras has awarded a long-term contract for offshore drilling contractor Constellation's semi-submersible drilling rig Alpha Star.According to Constellation, the  US$ 392 million contract has a firm duration of 1095 days plus a mutually agreed option…

No Restart for ExxonMobil's California Offshore Platforms as Judge Upholds Tanker Trucks Ban

Sep 28, 2023

A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed.U.S. District Judge…

Financing Secured for 1GW Offshore Wind Project in Taiwan

Sep 28, 2023

Northland Power Inc. said Thursday that its Hai Long offshore wind project in Taiwan had met all conditions to close its 1171 billion New Taiwan Dollars long-term non-recourse green financing. This is the equivalent of around CAD 5 billion, or $3…

Current News

Aker Solutions, SLB, and Subsea 7 Create Subsea Joint Venture

Wintershall Dea Gets Takeover Interest from Groups Including TotalEnergies -Handelsblatt

Eni's Geng North-1 Well Reveals Massive Gas Find Offshore East Kalimantan

Jan De Nul Orders Offshore Cable Layer with Record-Breaking Capacity

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