Offshore Regions News - page 423


Denmark Investigates Yacht Linked to Nord Stream Blasts

Mar 09, 2023

Danish police have searched for a yacht on a tiny Baltic Sea island near the Nord Stream pipeline blast sites, the local administrator said on Thursday.German authorities confirmed on Wednesday they had raided a ship in January that may have…

Activist Investors Seek Action Against Santos' Growth Plans, Management Pay

Mar 09, 2023

Activist shareholders opposed Australian oil and gas explorer Santos' growth strategy on Thursday, saying executive incentives are driving up investments in upstream growth projects, potentially raising carbon emissions and reducing shareholder value…

Energean's NEA/NI Offshore Gas Project in Egypt Now Online

Mar 09, 2023

Oil and gas company Energean said Thursday that the first gas had been delivered at North El Amriya and North Idku ('NEA/NI'), in the Mediterranean Sea, offshore Egypt. Energean sanctioned the project in January 2021, representing a development…

Well-Safe Solutions to Assist in Decommissioning of BP's Kate Field Wells

Mar 09, 2023

Offshore well decommissioning firm Well-Safe Solutions said Thursday it was supporting the decommissioning of two suspended wells in BP’s Kate field in the North Sea, 220 kilometers from Aberdeen.Under the program, Well-Safe Solutions will provide well-engineering support services…

JF Subtech Charters Edda Savanah Vessel for IRM Services in North and Irish Seas

Mar 09, 2023

Marine services provider James Fisher Subtech (JF Subtech),  part of James Fisher and Sons plc, has signed a charter agreement with Østensjø Rederi AS for the exclusive use of its inspection, repair, and maintenance (IRM) and construction vessel…

Eidesvik Offshore's Supply Vessel Secures Charter Extension with Wintershall Dea

Mar 09, 2023

Oil and gas company Wintershall Dea has declared an option to extend the contract for the supply vessel Viking Princess.The 89,6 meters long vessel, owned by Eidesvik Offshore, will start work under the extension from July 2023 in direct continuation of the current contract…

Ex-Shell CEO's Pay Jumped 53% to $11.5M in 2022

Mar 09, 2023

Shell's former chief executive, Ben van Beurden, received a pay package of 9.7 million pounds ($11.5 million) last year, up 53% from 2021, the group said in its annual report on Thursday.The oil major delivered a record $40 billion profit in 2022…

'Strong Dayrate' for Dolphin Drilling's Rig in Nigeria

Mar 09, 2023

Offshore drilling firm Dolphin Drilling said Thursday it had secured a new contract for Blackford Dolphin with Peak Petroleum in Nigeria.The contract with Peak Petroleum will extend the rig's stay in Nigeria and is in direct continuation of…

Exxon-led Consortium Ready to Relinquish 20% of Guyana Offshore Oil Block, Hess CEO Says

Mar 09, 2023

Hess Corp indicated the consortium that controls Guyana's oil production, of which it is a member, is prepared to relinquish 20% of the Stabroek oil block, but not any areas where it now produces or intends to produce oil in the future. An Exxon Mobil-led consortium controls the 6…

NextEra CEO Says Offshore Wind a Bad Bet

Mar 09, 2023

Offshore wind is a bad bet due to the complications of installing and maintaining infrastructure at sea and the high cost of transmitting electricity back to shore, NextEra Chief Executive John Ketchum said on Wednesday.'It's very capital intensive…

Yinson Partners with AVEVA to Develop Fully Autonomous FPSOs

Mar 09, 2023

Malaysian FPSO provider Yinson has partnered up with industrial software firm AVEVA to enable Yinson to develop 'fully autonomous and sustainable' Floating Production Storage and Offloading (FPSO) solutions.'AVEVA’s software, in combination with [Yinson's] FPSO expertise and extensive data sets…

North Sea Regulator to Prioritize Licenses for Fast Gas Developments

Mar 08, 2023

The British regulator overseeing the latest North Sea oil and gas licensing round will prioritize companies aiming to bring natural gas to market within months, its head said on Wednesday.Britain launched last year its first oil and gas exploration…

US Needs Until Year-end to Complete Offshore Drilling Plan

Mar 08, 2023

The Biden administration needs until the end of this year to finalize a long-awaited five-year plan for offshore oil and gas development in federal waters, according to court documents filed this week.The U.S. has been without a congressionally…

CERAWeek: TotalEnergies CEO Talk Briefly Disrupted by Protestor

Mar 08, 2023

A discussion with France's TotalEnergies Chief Executive Patrick Pouyanne at an energy industry conference was briefly disrupted by a protestor on Wednesday. The protestor unfurled a banner and shouted, 'stop your greenwashing and lies'. She…

Chariot Makes Progress with Anchois Gas Project Offshore Morocco as FEED Complete

Mar 08, 2023

Africa-focused oil and gas company Chariot said Wednesday it had completed the Front-End Engineering and Design ('FEED') on the key components of its flagship Anchois gas development project ('Anchois'), offshore Morocco. The Anchois gas field is located within the Lixus Offshore license area…

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