Offshore Regions News - page 763


Malaysia's Petronas to Offer 13 Offshore Blocks in Feb. 26 Bid Round

Feb 19, 2021

Malaysian national oil and gas company Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia bid round 2021 launch on February 26, 2021. Also included, Petronas said, are six discovered fields to incentivize…

AqualisBraemar LOC to Acquire East Point Geo

Feb 19, 2021

AqualisBraemar LOC has entered into an agreement to acquire UK-based East Point Geo Limited to strengthen its geoscience offering within the oil and gas industry.East Point Geo is an independent geoscience consultancy providing support for offshore and onshore engineering projects…

U.S. to Unveil Nord Stream 2 Report. Sanctions May Take Time

Feb 19, 2021

The Biden administration is expected to name as early as Friday the companies it believes are helping build Russia's Nord Stream 2 pipeline, five sources said, a move that could eventually prompt sanctions on the nearly-completed project.The State Department report to Congress…

Offshore Wind Firm Atlantic Shores Signs Deal with Six Unions to Train and Hire New Jersey Workers

Feb 18, 2021

Offshore wind developer Atlantic Shores Offshore Wind -  a U.S. joint venture between Shell and EDF, has signed a memorandum of understanding (MOU) with six unions operating in New Jersey as part of its bid submission, 'committing to help develop and employ a productive…

Borssele III & IV: Giant Dutch Offshore Wind Farm Fully Commissioned

Feb 18, 2021

Borssele III & IV, one of the largest offshore wind farms in the Dutch sector of the North Sea, has reached full commissioning, Van Oord a partner in the Blauwwind consortium behind the 731.5 MW wind farm's development, said Thursday.Blauwwind is a consortium between Shell…

Chrysaor Spuds Its First Well Offshore Norway as Operator

Feb 18, 2021

Oil and gas company Chrysaor has spudded the Jerv exploration well in the North Sea, offshore Norway, OKEA, a partner in the production license PL973 where the well is located, said Thursday.Chrysaor started drilling at the well formally known as well 15/12-25 on Thursday…

Backed by UKEF, UK Firms Win Taiwan Offshore Wind Deals

Feb 18, 2021

UK's export credit agency UKEF said Thursday it was providing a £200 million buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, 'unlocking the export potential of the UK’s offshore wind sector.''To help the UK build back greener from the pandemic…

Repsol Posts to Second Straight Annual Loss but Q4 Income Cheers

Feb 18, 2021

Spanish energy group Repsol posted on Thursday forecast-beating fourth-quarter adjusted income, pushing its shares up even though write-downs on the value of oil and gas assets dragged it to a second consecutive annual net loss. Curbs on mobility…

U.S. Lawmakers ask Blinken for Briefing on Nord Stream 2 Pipeline

Feb 18, 2021

Several U.S. Representatives on Wednesday raised pressure on the State Department to share plans on potential sanctions on the Nord Stream 2 natural gas pipeline Russia is racing to finish to take fuel to Europe.'If completed, Nord Stream 2…

Siemens Gamesa to Take Care of Gemini Offshore Wind Farm until 2036

Feb 18, 2021

Wind turbine maker Siemens Gamesa has secured an extension of the operations and maintenance services agreement at the 600-MW Gemini offshore wind farm in the Dutch North Sea until 2036.The company said in a social media post that the original…

Galloper Wind Farm Opens Recruitment for Two Wind Turbine Technician Apprentices

Feb 18, 2021

RWE Renewables has opened recruitment for two new wind turbine technician apprentices at Galloper wind farm, offshore the UK.  Galloper Offshore Wind Farm is a 353MW project located 27km off the coast of Suffolk.  The estimated average annual…

Woodside Eyes Pluto Plant Stake Sale ahead of $11B Scarborough Field Sanction

Feb 18, 2021

Woodside Energy expects strong buyer interest in the sale of a share of a new production unit at its Pluto LNG plant, top executives said on Thursday, a precondition for a planned $11 billion expansion at its Scarborough gas and Pluto project…

Egypt Launches Oil and Gas Bid Round for 24 blocks

Feb 18, 2021

Egypt announced on Thursday the start of a bid round for exploration and exploitation of oil and natural gas in 24 blocks.The round, which concludes on Aug. 1, includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez…

Engie, Equinor in Low-carbon Hydrogen Push

Feb 18, 2021

French energy firm Engie, and Norway-based Equinor said Thursday they were teaming up in development in 'low-carbon hydrogen activities.' The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore…

DEME to Install Hollandse Kust Offshore Substations

Feb 18, 2021

DEME Offshore has won a contract to transport and install the jackets and topsides for two substations for the Hollandse Kust offshore wind farms, in the Dutch sector of the North Sea.The company will also supply and install scour protection for both substations…

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