Offshore Regions News - page 327


Sangomar FPSO Sets Sail for Senegal

Dec 26, 2023

Woodside Energy has achieved another significant step forward for the Sangomar Project with the sail away from Singapore of the Léopold Sédar Senghor FPSO.The FPSO, named after Senegal’s first president, is travelling 12,000 nautical miles from Singapore to its final destination…

US Offshore Wind Poised for 2024 Success After Turbulent 2023

Dec 26, 2023

The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.The offshore wind industry is expected to play a major role in helping several states and U…

UK Approves Grant for First Offshore Solar Project in Indonesia

Dec 26, 2023

Innovate UK’s Energy Catalyst program has awarded a little over $500,000 in grant funding for a project that will seek to develop Indonesia’s first fully offshore floating solar farm.The grant funding was approved for the Solar2Wave project…

Russian Arctic LNG 2 Project Hit by US sanctions

Dec 26, 2023

Japan's Mitsui and Co has decided to pull its employees out of Russia's Arctic LNG 2 liquefied natural gas (LNG) project, the Sankei newspaper reported on Tuesday, citing several sources, in yet another blow for the project.Fearing the backlash from the sanctions…

Rex’s Akkrake Petroleum Gets In On West Africa Oil Field

Dec 26, 2023

Akkrake Petroleum, a fully-owned subsidiary of Rex International-Monarch Marine Holding joint venture Porto Novo Resources, has signed a production sharing contract for operatorship and working interest in an oil field offshore Benin, West Africa…

NYK’s Offshore Wind CTV Operator Secures ClassNK Certification

Dec 26, 2023

NYK Group’s Hokuyo Kaiun has received certifications from ClassNK for the safety management system (SMS) of its crew transport vessel (CTV) for the offshore wind industry.The certifications, ISO 9001:2015 and ISO 45001:2018, were obtained by combining the experience of Hokuyo Kaiun…

Petronas and PTTEP Sign Deals for Oil and Gas Ops Offshore Malaysia

Dec 26, 2023

Malaysia’s Petronas Carigali and Thai PTTEP have signed agreements related to the development of PTTEP-operated oil and gas Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia.Petronas and PTTEP signed a memorandum of…

First Output from Venezuela's Dragon Gas Field Expected in Two Years

Dec 25, 2023

A natural gas project to be developed in Venezuelan waters by Shell and Trinidad and Tobago's state firm National Gas Company (NGC) could achieve first output in the next two years if a positive investment decision is made, Trinidad officials said on Friday…

Foreign Shareholders Suspend Participation in Russia's Arctic LNG 2 Project

Dec 25, 2023

Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday…

Deep Wind Offshore Files for Permit for Major Project in Sweden

Dec 25, 2023

Norway-based offshore wind developer Deep Wind Offshore has submitted a permit application for the construction and operation of an offshore wind farm on the south coast of Sweden.The application is for the Olof Skötkonung wind farm in the Gulf of Bothnia…

EnQuest Sells 15% Stake in North Sea Field And FPSO

Dec 25, 2023

UK-based oil firm EnQuest has reached an agreement with Viaro Energy’s subsidiary RockRose to sell a 15% working interest in the Bressay field and the EnQuest Producer floating production, storage and offloading vessel (FPSO), both located in the UK North Sea…

Borgland Dolphin Drilling Rig Finds Work Offshore UK

Dec 25, 2023

Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a 500-day drilling campaign with an undisclosed operator in the UK.The 500-day drilling campaign will employ semi-submersible rig Borgland Dolphin.The drilling campaign…

Petrobras Starts New Drilling Campaign in Potiguar Basin

Dec 25, 2023

Brazilian state-run oil group Petrobras has started drilling the Pitu Oeste well, which marks the restart of the company's search for oil and gas in the Equatorial Margin.The drilling of the well, in the BM-POT-17 concession, located 53 kilometers off the coast of Rio Grande do Norte…

Petrobras Contracts Seadrill Drillship Pair

Dec 22, 2023

Offshore drilling contractor Seadrill on Friday announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris in Brazil.The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1…

Great Lakes' MARAD Title XI Financing Application Completed

Dec 22, 2023

Great Lakes Dredge & Dock Corporation announced its MARAD Title XI Financing application for its offshore wind rock installation vessel, the Acadia, has been updated to the 'completed' category, indicating the loan process is moving towards the final phase…

Current News

Transocean to Acquire Valaris for $5.8B

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Perenco Installs Kombi-II MOPU Offshore Congo

Subscribe for OE Digital E‑News