Offshore Regions News - page 648


Cairn Energy Set to Change Name

Nov 04, 2021

Scotland-based oil and gas company Cairn Energy has announced plans to change its company name from Cairn Energy to Capricorn Energy. The change is expected to take effect from December 13, 2021. The LSE stock ticker will remain as CNE.'This…

Providence Completes Barryroe Site Survey

Nov 04, 2021

Ireland-based oil and gas company Providence Resources has completed a seabed, shallow geophysical, and environmental baseline survey over the K Well drilling location of the Barryroe field.The Barryroe field lies in approximately 100-meter water depth in the North Celtic Sea Basin and is located c…

Blue Gem Wind Taps OWC for Offshore Wind Engineering Services

Nov 04, 2021

Offshore Wind Consultants (OWC), a subsidiary of AqualisBraemar LOC, has said it has secured a large contract to provide engineering services for an offshore wind development project on the UKCS. AqualisBraemar LOC defines a large contract as between $4 million and $7 million…

Two-Year Charter for Solstad Offshore's Construction Support Vessel

Nov 04, 2021

Subsea services firm MMT, a subsidiary of Ocean Infinity, has chartered a Solstad Offshore construction support vessel.The Norwegian offshore vessel owner said Thursday that MMT would take its Far Superior vessel on a two-year charter with a one-year extension option…

Noble Corp. Sells Four Jack-up Rigs to ADES

Nov 04, 2021

Offshore drilling company Noble Corporation has completed the sale of four jack-up drilling rigs in Saudi Arabia to drilling firm ADES.The companies first announced the sale and purchase deal for the rigs Noble Roger Lewis, Noble Scott Marks…

Siem Offshore Wins Charter Extensions for Offshore Construction Vessel Duo

Nov 04, 2021

Norwegian offshore vessel owner Siem Offshore has secured more work for its vessels Siem Stingray and Siem Spearfish.GE Renewable Energy has exercised the remaining options for Siem Offshore's construction vessel Siem Stingray. The contract…

Paltry Bidding for Alaska Oil Lease Sale

Nov 04, 2021

Alaska oil and gas lease sales offering tracts on the North Slope and Beaufort Sea drew almost no bids, state officials said Wednesday.Only six bids were submitted for onshore tracts in the central North Slope, and no bids were submitted for tracts in the Beaufort Sea or the Brooks Range foothills…

China: CNOOC EnerTech to Assist Empyrean with Jade Offshore Well Works

Nov 03, 2021

Empyrean Energy has engaged CNOOC EnerTech to manage critical pre-drilling permitting and logistical requirements related to Empyrean's planned drilling operations at the Jade well in Block 29/11, offshore China.CNOOC EnerTech is a subsidiary…

PGS, Partners Start 3D Survey Off Malaysia

Nov 03, 2021

Norwegian marine seismic data acquisition company PGS has started a multiclient 3D survey in the Sarawak Basin, Malaysia.The survey is being carried out on behalf of the seismic consortium comprising PGS, TGS, and WesternGeco, using the Ramform Sovereign vessel…

McDermott, Shell in MoU to Decarbonize Construction

Nov 03, 2021

Offshore installation and construction company McDermott has signed a memorandum of understanding with Shell Eastern Petroleum Pte Ltd (Shell), a subsidiary of Shell, to collaborate on decarbonizing construction. 'The agreement enables McDermott and Shell to explore opportunities for reducing…

Italian Prosecutors Won't Appeal Acquittal of Two in Nigerian Offshore Oil Graft Case

Nov 03, 2021

The acquittal of Nigerian Emeka Obi and Italian Gianluca Di Nardo in a graft case in Nigeria involving Eni and Shell has become final after prosecutors said they would not appeal on behalf of the Nigerian government.In a decision seen by Reuters on Wednesday…

Carbon Transition CEO Resigns

Nov 03, 2021

Oslo-listed company Carbon Transition, which earlier this year changed its name from AxxisGeo Solutions reflecting its new strategy to invest in low carbon businesses, said Wednesday that its CEO Ronny Bøhn had decided to resign.Bøhn has served as CEO of then AxxisGeo Solutions since August 2020…

Cairn Sells North Sea Field Interests to Waldorf

Nov 03, 2021

Oil and gas company Cairn has sold its interest in the Catcher and Kraken oil fields in the UK North Sea to Waldorf Production.The proposed sale and purchase deal was first announced in March, and following the general meeting held on October 28…

Romania: Romgaz to Pay Up to $1.07B for Exxon's Black Sea Gas Project Stake

Nov 03, 2021

Romanian state-owned gas producer Romgaz will pay up to $1.07 billion to Exxon Mobil for its 50% stake in a Black Sea offshore gas project, the company said.The other half of the long-delayed Neptun Deep offshore project is owned by Romanian OMV Petrom…

U.S. House Panel Subpoenas Big Oil in Climate Deception Probe

Nov 03, 2021

The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potential climate deception by the energy industry…

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