Offshore Regions News - page 370


Ukraine Retakes Offshore Drilling Platforms near Crimea

Sep 11, 2023

Ukrainian forces have regained control from Russia of several gas and oil offshore drilling platforms close to Crimea, Ukraine's military intelligence (GUR) said on Monday.It said on the Telegram messaging app that Kyiv's forces had retaken…

Oil and Gas Driller ADES Holding Starts Marketing IPO to Institutional Investors

Sep 11, 2023

Oil and gas driller ADES Holding, backed by Saudi Arabia's sovereign wealth fund, began marketing its initial public offering on Sunday, seeking 12.50 riyals to 13.50 riyals a share.ADES plans to raise as much as 4.57 billion riyals ($1.22 billion)…

Chevron Gambles on Untested Laws to Halt Australia LNG Strike Action

Sep 11, 2023

Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone liquefied natural gas facilities as unions prepare for full-scale strikes…

Van Oord Christens Calypso Cable Layer

Sep 11, 2023

Dutch offshore installation contractor Van Oord on Saturday held a christening ceremony in Rotterdam for its new cable laying vessel Calypso.'The Calypso is equipped with the latest sustainable technologies and will be a key strategic addition to Van Oord’s offshore wind fleet…

Taiwan: Formosa 2 Offshore Wind Farm Reaches Commercial Operation Date

Sep 08, 2023

Formosa 2 offshore wind project in Taiwan has achieved commercial operation date (COD), becoming the first Round 2 offshore wind project in Taiwan to reach this milestone.The Formosa 2 offshore wind project is a joint development project by JERA (49%)…

Sierra Leone Hit by Power Cuts after Turkish Power Ship Switches Off Supply over Unpaid Debt

Sep 08, 2023

Sierra Leone's capital Freetown has been hit by power cuts after Turkey's Karpowership switched off the electricity supply due to an unpaid debt of around $40 million, the energy minister said on Friday.Minister Kanja Sesay told Reuters that…

Chevron Australia LNG Workers Start Strike. What Happens Now?

Sep 08, 2023

Workers at Chevron's liquefied natural gas (LNG) projects in Australia, which produce 5.1% of the world's supply of the super-chilled fuel, went on strike on Friday after mediation talks ended without a deal.WHAT'S NEXT?Unions kicked off action with short work stoppages and bans on certain tasks…

Latest UK Renewables Auction Fails to Attract Offshore Wind Bids

Sep 08, 2023

Britain's latest subsidy auction for new renewable energy projects awarded no contracts for offshore wind projects, the results published on Friday showed, drawing criticism from opposition politicians and environmental campaigners.In a 2022 auction…

Saipem Secures $910M in Offshore Contracts for Ivory Coast and Italy Work

Sep 08, 2023

Italian offshore services firm Saipem has won two new contracts for offshore activities in Ivory Coast and Italy for an overall amount of 850 million euros (currently around $909,8 million).The first contract has been awarded to Saipem by Eni Côte d’Ivoire and its partner Petroci…

Eversource Energy Completes $625M Offshore Wind Lease Sale to Ørsted

Sep 08, 2023

Eversource Energy has sold the uncommitted lease area of approximately 175,000 developable acres located 25 miles off the south coast of Massachusetts to Danish offshore wind farm developer Ørsted for $625 million in an all-cash transaction…

Spencer Takes the Helm as Managing Director at Norwegian Oil Firm DNO

Sep 08, 2023

The Norwegian oil and gas DNO has appointed Christopher Spencer as Managing Director as Bjørn Dale steps down as part of a planned management transition initiated last year.Spencer has been DNO’s Chief Operating Officer since 2021. Before joining DNO six years ago…

Strikes Start at Major Chevron Australia LNG Projects, No Talks Planned

Sep 08, 2023

Workers at Chevron's liquefied natural gas (LNG) projects in Australia went on strike on Friday after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.No further talks were scheduled between the unions and the U…

Refurbished Jack-Up Rig Starts Work in U.S. Gulf of Mexico

Sep 08, 2023

Gulf of Mexico-focused oil and gas exploration firm Arena Energy and drilling contractor White Fleet Drilling recently christened and mobilized a refurbished jack-up drilling rig in the U.S. Gulf of Mexico. White Fleet, Arena's strategic partner…

Chevron, Repsol Quit Oil and Gas Exploration Blocks in Mexican Gulf

Sep 08, 2023

Energy companies Chevron and Repsol decided to quit offshore oil and gas exploration areas in Mexico, the regulator for the sector said on Thursday, joining more than a dozen other companies after disappointing results.Both had won the blocks in the Gulf of Mexico in a tender process…

Singapore to Expand Ocean CO2 Removal Project as Scientists Call for More Research

Sep 07, 2023

Singapore is planning to expand a pilot project that boosts the ocean's capacity to absorb carbon dioxide emissions, using one of several emerging technologies that supporters hope can play a decisive role in the global battle against climate change…

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