Offshore Regions News - page 703


Qatar Petroleum Hires Banks for Jumbo Bond Sale

Jun 28, 2021

Qatar Petroleum has hired a group of banks to arrange a four-tranche issuance of U.S. dollar-denominated bonds, a document showed, for what will be its debut public bond sale months after it signed a contract to boost its liquefied natural gas output…

Report: ADNOC to Deepen Crude Oil Term Supply Cut

Jun 28, 2021

Abu Dhabi National Oil Company (ADNOC) will reduce the volume of crude oil it supplies to Asian term buyers by 15% in September, according to six sources with direct knowledge of the matter.The cut was much deeper compared with a reduction of…

Aberdeen Renewable Energy Group Names CEO

Jun 28, 2021

Aberdeen Renewable Energy Group (AREG) has appointed David Rodger as CEO.The organization said it sought to further develop support to members and increase links with stakeholders to assist net-zero strategies across northeast Scotland and beyond…

CNOOC Starts Production from Weizhou 11-2 Phase 2

Jun 28, 2021

Chinese oil company CNOOC said Monday it had kicked off production from Weizhou 11-2 oilfield phase II project.The Weizhou 11-2 oilfield phase II project is situated in the South China Sea's Beibu Gulf, at a water depth of around 40 meters.'In…

Energean Charters Stena Drillship for Drilling Campaign Offshore Israel

Jun 28, 2021

Oil and gas company Energean has signed a drilling rig contract with Stena Drilling for the use of the Stena Icemax drillship for a drilling campaign offshore Israel that aims to double the company's reserve base.The 2022-2023 drilling program in the Mediterranean Sea…

ExxonMobil Hires PGS for 4D Survey Offshore Guyana

Jun 28, 2021

Norwegian offshore seismic surveyor PGS has been awarded a 4D seismic acquisition contract by ExxonMobil for work offshore Guyana.PGS will deploy a Titan class seismic acquisition vessel in the fourth quarter of 2021 with the acquisition slated for completion in the first quarter of 2022…

Vår Energi Awards Five-year HSSEQ Deals to Five Suppliers in Norway

Jun 28, 2021

Norwegian offshore oil and gas company Vår Energi on Monday said it had awarded HSSEQ (Health Safety Security Environment and Quality) services contracts to five local suppliers.The contracts have been awarded to DNV AS, Proactima AS, ResQ Holding AS…

Offshore Jacket Installed for Hollandse Kust (zuid) Transformer Platform

Jun 28, 2021

Dutch offshore installation company Heerema Marine Contractors has installed the 2,852-tonne jacket for TenneT's offshore transformer platform for Vattenfall's  Hollandse Kust (zuid) offshore wind farm in the Dutch sector of the North Sea.This…

U.S. State Secretary says Nord Stream 2 Pipeline Undermines Ukraine

Jun 25, 2021

U.S. Secretary of State Antony Blinken on Wednesday described the Nord Stream 2 gas pipeline as a Russian geopolitical project that undermines the security of Ukraine, adding the United States wants to ensure Russia does not use energy as a coercive tool against any European state…

TechnipFMC Pays Final Installment to Petrobras in Bribery Settlement Case

Jun 25, 2021

Brazilian oil company Petrobras said Friday it had received the third and final installment from TechnipFMC-affiliated companies as part of a leniency agreement struck in 2019 to resolve anti-corruption investigations in Brazil.Petrobras said…

Aibel Man Joins as Head of Norwegian Petroleum Directorate's Harstad Office

Jun 25, 2021

The Norwegian Petroleum Directorate said Friday it had hired Aibel's Ole Einar Hass as the head of the office in Harstad. He will start this job on October 1. 2021.Hass has management training from the Norwegian Armed Forces. He worked for the Norwegian Army for 19 years…

Malaysia: Handal Wins 5-year Crane Contract with ExxonMobil

Jun 25, 2021

Malaysian offshore services provider Handal Energy has been awarded a crane services contract with ExxonMobil in Malaysia.Under the contract,  Handal Energy's subsidiary Handal Cranes will provide crane operation and maintenance services.The contract is for five years…

Fred. Olsen Renewables, Vattenfall Team Up to Bid for Offshore Wind Sites in Scotland

Jun 25, 2021

Fred. Olsen Renewables and Vattenfall said Friday they'd teamed up to jointly bid in the upcoming leasing round for offshore wind in Scotland.Depending on the outcome of the bidding, the partners indicated they'd focus on maximizing value for…

Denmark Pauses Offshore Wind Farm Tender as Seabed Conditions Could Make Installation Difficult

Jun 25, 2021

Danish Energy Agency has put on hold the tender for the 800MW-1,200MW Hesselø offshore wind farm, citing the need to further analyze the results of the preliminary site investigation, as soft clay formations have been found in the upper 20-30 meters below the seabed…

Part of Revenue from Eni's Sankofa Field to Go into Escrow, Ghana Court Rules

Jun 25, 2021

A commercial court in Ghana on Friday ordered that 30% of revenues from an Eni-operated oilfield be placed in an escrow account, granting a request by the local operator of an adjacent field over Eni's objections.Springfield, which operates…

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