Offshore Regions News - page 512


U.S. Offshore Oil Production Restarts after Pipeline Fix

Aug 15, 2022

A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms was repaired late Friday, a Louisiana official said, with producers moving to reactivate some of the halted production.A failed flange connecting…

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Aug 12, 2022

Asia Pacific-focused oil and gas company Jadestone has decided to shut production from its Montara field FPSO in the Timor Sea, off Australia, to allow for repairs on a tank that leaked oil back in June through a 30-millimeter crack.While the…

Nigeria's NNPC Renews Oil Contracts to Produce 10 Bln Barrels

Aug 12, 2022

Nigeria's state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater blocks that officials said could produce up to 10 billion barrels over the next 20 years…

Repair to Oil Pipe that Shut U.S. Offshore Output Due by End of Day

Aug 12, 2022

Crews were expected to replace a damaged oil pipeline piece by the end of the day on Friday, a Louisiana port official said, allowing for the resumption of production at seven offshore U.S. Gulf of Mexico oil platforms.A failed flange connecting…

Sapura Energy Wraps Sale of Sapura 3000 Pipelayer

Aug 12, 2022

Malaysian offshore services company Sapura Energy has completed the sale of its pipe-laying and crane vessel Sapura 3000 for $71.5 million to Safeen Feeder Company – Sole Proprietorship LLC, a company in the Abu Dhabi Ports Group of Companies…

ADNOC L&S Wins $1.17B Contract for 13 Jack-up Barges

Aug 12, 2022

Abu Dhabi National Oil Company (ADNOC) on Thursday awarded a $1.17 billion (AED4.3 billion) contract to  ADNOC Logistics & Services (ADNOC L&S) for the hire of 13 self-propelled jack-up barges.ADNOC said the jack-ups would help it drive offshore…

EEW SPC Delivers 'Heaviest' Monopile for Baltic Eagle Offshore Wind Farm

Aug 12, 2022

Germany's EEW SPC has delivered a 1,421-tonne monopile for the Baltic Eagle offshore wind farm, breaking its record for the heaviest monopile set six years ago when EEW SPC manufactured the 1302.5t monopile for the Veja Mate project at its Rostock site…

Uniper Looking to Swap Australian LNG for Atlantic Gas to Supply Europe Quicker

Aug 12, 2022

Germany's Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia's Woodside or U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.The strategy reflects efforts by companies and…

DEME Offshore's Flagship Vessel 'Orion' Installs Fécamp Substation

Aug 12, 2022

Belgium-based offshore installation firm DEME Offshore has installed the offshore substation of the Fécamp offshore wind farm, offshore France, using its new flagship vessel 'Orion.'The  DP3 installation vessel Orion is equipped with a 5,000-tonne crane…

Australian States Press for Gas Exporters to Boost Local Supply

Aug 12, 2022

Australian state energy ministers said on Friday local gas production should be prioritized for the domestic market to ensure there is no shortfall, as forecast for 2023 and 2024, raising pressure on exporters to boost local supply.Comments from the ministers from the two most populous states…

E.ON More Than Halves Value of Nord Stream 1 Stake as Uncertainty Grows

Aug 12, 2022

E.ON, Europe's largest operator of energy networks, cut the value of its stake in the Nord Stream 1 gas pipeline by around 700 million euros ($715 million) on Wednesday, citing 'heightened uncertainty' over the impact of the war in Ukraine.The pipeline…

Rig on the Move: Eco Atlantic to Spud 'Transformational' Gazania-1 Well Off S. Africa in September

Aug 12, 2022

Oil and gas company Eco Atlantic said Friday it expected to start drilling at its Gazania-1 well off South Africa in September, as the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilized Friday. The Gazania-1 well is located in the Orange Basin in South Africa…

Danish Firm Wants to Build 3GW Offshore Wind Farm in Australia

Aug 12, 2022

Denmark-based renewables company Copenhagen Energy has released details of a proposed offshore wind farm in Commonwealth and State waters north of Geraldton in Western Australia.The Midwest Offshore Wind Farm will comprise up to 200 turbines…

Aquadrill, Diamond Offshore Extend Auriga Drillship Deal

Aug 12, 2022

Offshore drilling company Aquadrill -  ex-Seadrill Partners - has extended the charter hire agreement for its Auriga drillship with Diamond Offshore Drilling after reaching an agreement on the one-year mutually agreed option in the current underlying drilling contract…

Keppel, Unit to Invest in German Offshore Wind Farm

Aug 11, 2022

Singaporean conglomerate Keppel Corp said on Friday it would spend 305 million euros ($314.7 million) along with a unit for a 50.01% stake in a special purpose vehicle (SPV) that owns 50% of Borkum Riffgrund 2, an offshore wind farm in Germany…

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