Offshore Regions News - page 705


U.S. Gov't to Review Dominion's Giant Offshore Wind Project in Virginia

Jul 02, 2021

The U.S. government will conduct an environmental review of a potential wind power project off the coast of Virginia, the Biden administration said on Thursday, part of an effort to create tens of thousands of jobs in the business by 2030.Dominion…

Chevron Sanctions $4B Jansz-Io Compression Project Offshore Australia

Jul 02, 2021

Oil and gas major Chevron as the operator of the Gorgon gas project has, with its partners, agreed to proceed with the Jansz-Io Compression (J-IC) project, offshore W. Australia. The investment is estimated at around $4 billion (AU$6 billion)…

James Fisher Sells Dive Support Vessel to Seamec

Jul 01, 2021

UK-based offshore services provider James Fisher and Sons has agreed to sell its dive support vessel [Subtech] Paladin.The company has sold the DSV to the Indian offshore services provider Seamec for $17.3 million.'This announcement is in line…

Inmarsat Wins Court Case over 5G Use in The Netherlands

Jul 01, 2021

A Dutch court on Wednesday ruled in favor of Inmarsat in a dispute over the use of 5G bandwidth in the Netherlands, ordering the government to suspend a decision to reserve the bandwidth for telecommunications as of Sept. 1, 2022.Inmarsat currently uses the 3…

Nigeria: Parliament to vote on Oil and Gas Overhaul Bill Designed to Attract Investments

Jul 01, 2021

A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on the package as early as today, members of parliament told Reuters.Legislators have…

ADNOC Adds Goldman Sachs to Lead Drilling Unit IPO

Jul 01, 2021

Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank's first such high-profile deal in the emirate since 2019.Goldman Sachs' investment banking…

TechnipFMC Confirms 'Significant' Equinor Subsea Contract

Jul 01, 2021

Oilfield services firm TechnipFMC has confirmed it has secured a 'significant' contract from Equinor for the delivery of subsea equipment for Equinor's Kristin Sør field development in the North Sea, offshore Norway.The company said Wednesday the contract was for the supply rigid pipelines…

Delfin Asks for Another Year to Build Louisiana Floating LNG Project

Jul 01, 2021

U.S. liquefied natural gas (LNG) developer Delfin LNG asked federal energy regulators for a third extension until September 2022 to bring into service the onshore facilities of its proposed floating LNG export plant off the coast of Louisiana…

Esvagt's New SOV Set to Start Work on Moray East Offshore Wind Farm

Jul 01, 2021

Danish shipowner Esvagt said Thursday its newbuilt offshore wind service vessel Esvagt Alba was set to start its contract in the UK with wind turbine maker Vestas.The Esvagt Alba service operations vessel, delivered last week by Havyard, will…

Report: BW Energy, DBO Bid for Petrobras' Golfinho Offshore Fields

Jul 01, 2021

Norway's BW Energy Ltd and Brazil's DBO Energy have submitted binding offers for Petrobras' Golfinho offshore oilfields, two sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA, as Brazil's state-run oil company is formally known…

Aker Solutions, AF Gruppen to Merge Offshore Decommissioning Businesses

Jul 01, 2021

Norwegian Engineering and construction groups Aker Solutions and AF Gruppen have signed a Letter of Intent (LOI) to merge the two firms’ existing offshore decommissioning operations.They've agreed to merge the offshore decommissioning operations…

Orsted, EDF-Shell JV Wind New Jersey Offshore Wind Farm Tenders

Jul 01, 2021

New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7…

Report: Angola Owes $1 Billion to Western Oil Firms

Jun 30, 2021

Angola has accumulated around $1 billion in debt to western oil companies operating its oilfields, with the bill prompting the African country’s recently launched sale of stakes in its flagship offshore blocs, three industry sources told Reuters…

Vestas, Iberdrola Confirm Baltic Eagle Offshore Wind Turbine Contract

Jun 30, 2021

Offshore wind turbine maker Vestas said Wednesday it had finalized the turbine supply deal with Spanish renewables giant Iberdrola for the Baltic Eagle offshore wind farm in Germany.The wind farm is being developed off the island of Rügen, in German waters of the Baltic Sea…

Carnarvon Picks Jack-up Rig for Buffalo Well in Timor Sea

Jun 30, 2021

Australian oil company Carnarvon Petroleum has selected a jack-up drilling rig for the Buffalo-10 well offshore Timor-Leste, planned to be drilled in October of this year.The company has signed a letter of intent with an undisclosed offshore drilling contractor…

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