Offshore Regions News - page 708


Shell Starts Production from Arran Offshore Field

Oct 21, 2021

Oil and gas giant Shell has started production from the Arran gas and condensate field in the UK North Sea.Shell's Arran development is part of the broader Central Graben Area Plan, and is developed as a tie-back via a new pipeline to Shell's Shearwater offshore platform…

Israel Looking to Boost Gas Exports to Egypt via New Onshore Pipeline

Oct 21, 2021

Israel is considering the construction of a new onshore pipeline to Egypt in order to quickly boost natural gas exports to its neighbour in the wake of the recent tightening of global supplies, the Israeli energy ministry said.The pipeline,…

PGS, Magseis Fairfield Team Up for Hybrid Towed Streamer and OBN Seismic Surveys

Oct 21, 2021

Offshore seismic services companies PGS and Magseis Fairfield have agreed to collaborate in the growing hybrid towed streamer and OBN seismic market. The hybrid market is defined as the simultaneous use of towed streamer and ocean bottom node acquisition technologies…

GMS Bags Work for Two Jack-ups

Oct 21, 2021

GMS, a provider of self‐propelled, self‐elevating support vessels for the offshore energy industries has secured a 12-month or an E Class vessel with an unamed engineering, procurement and construction cliane in the MENA region.The contract is due to start at the end of December 2021…

Exxon Board Debates Dropping Oil and Gas Projects in Mozambique and Vietnam - WSJ

Oct 21, 2021

Exxon Mobil Corp board is debating whether to continue with several major oil and gas projects amid a global push from investors for fossil fuel companies to be more cost-conscious and green-energy friendly, WSJ reported on Wednesday.Activist investor Engine No…

Woodside Slashes Gas Reserves Estimate for Two Offshore Fields

Oct 21, 2021

Woodside Petroleum slashed its gas reserves estimate for two fields at the Wheatstone project on Thursday, in an unexpected downgrade that knocked the top Australian oil and gas company's shares.The company also said it was on track to sell…

Petrobras Posts Mixed Third-quarter Production Figures

Oct 20, 2021

Brazil's Petrobras posted mixed production figures on Wednesday as the state-run oil company ramps up output at some major oilfields while also jettisoning a number of legacy production assets as part of a wider divestment drive.In a securities filing…

Aker Solutions Wins FEED for Wisting FPSO

Oct 20, 2021

Norwegian oilfield equipment and technology provider Aker Solutions said Wednesday it has received a letter of intent (LOI) for a front-end engineering and design (FEED) contract from energy company Equinor for the floating production, storage…

TotalEnergies Charters Vroon Platform Supplier for UK Ops

Oct 20, 2021

Oil and gas company TotalEnergies E&P UK has recently chartered Vroon Offshore's platform supply vessel for a period of one year. The platform supplier will be supporting operations at Total’s North Sea assets. The new charter follows on from…

Norway's Sept Oil, Gas Output Drop but Beat Forecast

Oct 20, 2021

Norway's petroleum output in September fell from the previous month, but exceeded official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.Crude oil output declined to 1.77 million barrels per day (bpd) in September from 1…

SeaMade: Belgium's Largest Offshore Wind Farm Inaugurated

Oct 20, 2021

Belgium's largest offshore wind farm, the 487MW SeaMade that can power 500,000 Belgian households, has now been officially inaugurated.The news of the inauguration was shared Wednesday by Ocean Winds, a joint venture created by EDP Renewables and ENGIE (50:50)…

Chevron Books Edda Fides Accommodation Vessel for Wheatstone Work

Oct 20, 2021

Oil and gas company Chevron has chartered Edda Accommodation's Edda Fides offshore accommodation unit for operations support in Australia, starting in the second quarter of 2022.Currently on a charter with Norway's Equinor, mono-hull vessel…

Baker Hughes Profit Misses Estimates

Oct 20, 2021

Oilfield firm Baker Hughes Co reported a quarterly profit that fell short of Wall Street expectations on Wednesday, sending its shares down sharply in pre-market trading.Oil producers and service firms are expected to be supported by a rebound…

Fugro Nets 2-Year Remote Support Deal Offshore India

Oct 20, 2021

Fugro has won a two-year contract with India's marine service firm OCS Services to support its asset integrity and corrosion management operations off the west coast of India.Fugro said Tuesday it would help OCS deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1)…

Greens Co-leader: Germany Must Resist Russian 'Blackmail' over Nord Stream 2 Pipeline

Oct 20, 2021

The co-leader of Germany's Green Party accused Russian 'blackmail' of causing high energy prices across Europe, saying Moscow is trying to leverage Germany to allow the Nord Stream 2 Baltic gas pipeline to begin operations.The remarks by Annalena Baerbock…

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