Offshore Regions News - page 878


BP Gearing Up to Spud Ironbark-1 Well as Ocean Apex Rig Delivered

Oct 12, 2020

Oil major BP has taken over the Ocean Apex semi-submersible drilling rig in preparation for the spud of the Ironbark-1 well offshore W. Australia. Ironbark is estimated to contain 15tcf of prospective recoverable gas resource.The offshore drilling rig…

FEED Completed for Delfin FLNG Vessel

Oct 12, 2020

Delfin Midstream (“Delfin”) has informed that the FEED has been completed for the Newbuild FLNG Vessel for the Delfin LNG project offshore Louisiana, in cooperation with Samsung Heavy Industries and Black & Veatch.Delfin LNG project has been…

Petrobras Awards Long-Term Mero Deal to DOF's Skandi Salvador Vessel

Oct 12, 2020

Norwegian offshore vessel owner DOF has won a contract with the Petrobras-led Libra consortium to provide a multi-purpose support vessel for work at the Mero offshore oil field in Brazil.The Libra Consortium is led by Petrobras - with a 40% interest - in partnership with Shell Brasil (20%)…

Oil Firms Restoring Output as Hurricane Exits Gulf of Mexico

Oct 12, 2020

U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday, two days after Hurricane Delta barreled through the area.Chevron Corp, Royal Dutch Shell Plc and…

Norway Oil Strike Ends After Wage Agreement

Oct 09, 2020

Norwegian oil firms struck a wage bargain with labor union officials on Friday, ending a 10-day strike that had threatened to cut the country's oil and gas output by close to 25% next week, negotiators for each side told Reuters.Brent oil prices fell by more than 1% on the news to $42…

'Pioneering' Deep Sea Mineral Exploration Mission Complete Off Norway

Oct 09, 2020

The Norwegian Petroleum Directorate (NPD) has completed its five-week seabed mineral research expedition on the Mohn Ridge in the northwestern Norwegian Sea, in cooperation with TIOS and using Island Offshore's Island Valliant vessel. The NPD…

Equinor Should Have Dealt With Issues in U.S. Sooner - Chairman

Oct 09, 2020

A report on Norwegian energy firm Equinor's loss-making investment in the United States detailed significant problems the state-controlled company should have dealt with faster, its chair and chief executive said on Friday.In June, Norway's…

Australia: Hibiscus Enters Gippsland Basin Block

Oct 09, 2020

Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…

Floating Wind Supply Chain Group Formed in UK

Oct 09, 2020

A floating offshore wind supply chain group has been formed in Scotland, as a subgroup of the Scottish DeepWind supply chain cluster, looking to ensure that the local firms benefit from the nascent but growing floating offshore wind industry…

Norway's Striking Union, Oil Firms to Meet Mediator

Oct 09, 2020

Oil firms and labor officials in Norway are to meet on Friday with a state-appointed mediator to try to end a strike that threatens to cut output from western Europe's biggest oil and gas producer by some 25%.Six offshore fields shut on Monday…

Hurricane Delta: Workers Pulled from 279 Offshore Platforms in GoM

Oct 09, 2020

Hurricane Delta raked across the Gulf of Mexico, halting most of the region's offshore oil output on Thursday after energy companies shut-in wells, pulled staff from offshore platforms and began securing coastal processing plants.The storm was about 370 miles (595 km) south of Cameron…

Danish Gov't Calls for Talks on Future of its Offshore Oil and Gas

Oct 08, 2020

Denmark's government urged political parties to discuss the future of oil and gas extraction in the North Sea after Total withdrew from the latest licensing round, the Ministry of Climate, Energy, and Utilities said on Thursday.'Total, which is the North Sea's largest operator…

Strike Could Shut a Quarter of Oil and Gas Output in Norway Next Week

Oct 08, 2020

A strike by oil workers in Norway could cut output from western Europe's biggest oil producer by almost a quarter, operators have warned, though the striking union said a resolution remained possible.Widening strike action raised the prospect…

Norway: Neptune Energy Increases Stake in Large Offshore Discovery

Oct 08, 2020

Oil and gas company Neptune Energy is increasing its stake in an offshore license in Norway which contains the Dugong oil discovery, dubbed Norway's largest oil find so far this year. The company hopes to submit the field development plan in 2022…

Oil Prices Rise as Hurricane Enters Gulf of Mexico

Oct 08, 2020

Oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta, though fuel demand concerns persisted on fading chances for a U.S. economic stimulus deal and after a build in U.S. crude inventories…

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