Offshore Regions News - page 709


BHP Taps McDermott for GoM Subsea Installation

Jun 16, 2021

Offshore installation company McDermott has won a contract with oil firm BHP for a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP) in the U.S. Gulf of Mexico.The project is located around 138 miles (222…

Australia Tells Companies to Nominate Acreage for Offshore Carbon Storage

Jun 16, 2021

Australia asked companies on Wednesday to nominate offshore acreage they want to explore for places to bury carbon dioxide, part of a government drive to promote carbon capture and storage (CCS) to help cut emissions.'The coalition government…

Far to Spud High-Impact Well Offshore The Gambia in 4Q Using Stena Drillship

Jun 16, 2021

Australian oil and gas company Far has hired Stena Drilling's Stena IceMax drillship to drill the Bambo-1 well offshore The Gambia. The well is expected to be spudded in the fourth quarter of 2021.The Bambo-1 well in Block A2 is designed to drill into 3 prospects with a total estimated recoverable…

JPMorgan to Exclude Petronas, Pertamina from EM ESG Index

Jun 16, 2021

Malaysian state-owned energy company Petronas and Indonesian counterpart Pertamina are on a watchlist for removal from JPMorgan’s ESG EMBI index, the bank said in a statement on Tuesday.JPMorgan said both oil majors 'are expected to exit the…

TotalEnergies Forms Consortium to Bid for Sites in Scotland Offshore Wind Round

Jun 16, 2021

France's TotalEnergies, Macquarie Group's Green Investment Group, and Scotland's Renewable Infrastructure Development Group said on Wednesday they will jointly bid for sites in Scotland’s next offshore wind leasing round.The companies have joined…

Lundin Energy Sells 'Carbon neutral' Oil to South Korea's GS Caltex

Jun 16, 2021

Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway's Johan Sverdrup field, the Swedish company said on Wednesday.Oil companies…

Australia Opens Bidding for Offshore Exploration Acreage

Jun 15, 2021

Australia has this week opened bidding for the 2021 Offshore Petroleum Exploration Acreage Release, offering areas with around 80,000 square kilometers of new acreage available for exploration in Commonwealth waters.Minister for Resources, Water…

Petrofac Names Director to Lead New and Renewables O&M Business

Jun 15, 2021

Petrofac, a company for years known as simply an oilfield services provider, is transforming into an energy services firm with increasing involvement in the offshore wind business in recent years.To support its growth and offering in the new and renewable energy sectors…

Grandweld Delivers Four Crewboats for HSM

Jun 15, 2021

UAE shipbuilder Grandweld Shipyards reports it has delivered four crew boats for Saudi-based offshore oil and gas services provider High Seas Marine Industrial Services Co. (HSM).The newbuilds were handed over within a span of 14 months, despite the numerous challenges of the pandemic…

MDL Wraps Flexible Installation Work with DOF in Angola

Jun 15, 2021

Aberdeenshire-based Maritime Developments (MDL) has completed a flexible installation project offshore Angola with the Norwegian offshore vessel owner DOF Subsea. An MDL flex-lay spread, consisting of a Second-generation Reel Drive System, 4-track pipelay tensioner…

TWMA Secures Further Work with Aker BP in Norway

Jun 15, 2021

Drilling waste management firm TWMA has secured a three-year contract extension to supply its services for Aker BP’s Valhall Flank North and Hod B field development projects on the Norwegian Continental Shelf (NCS).TWMA was awarded a three-year contract in 2019 for drill cuttings handling…

Climate Activists Take a Swing at Norwegian Arctic Drilling Plans at Human Rights Court

Jun 15, 2021

Norwegian climate activists have asked the European Court of Human Rights (ECHR) to rule against Norway's plans for more oil drilling in the Arctic, the campaigners said on Tuesday, arguing the country's exploration deprives young people of their future…

Decarbonization an Opportunity, Not a Threat for Australia, Santos CEO Says

Jun 15, 2021

Australia, the world's biggest exporter of coal and liquefied natural gas, should view decarbonization not as a threat but as an opportunity to create a 'new, large-scale industry' in carbon offsets, Santos CEO Kevin Gallagher said on Tuesday…

Miclyn Express Offshore Bags MTJDA Charters for Vessel Duo

Jun 15, 2021

Miclyn Express Offshore's Miclyn Emperor and Miclyn Empress have secured contracts to perform supply vessel operations at a gas field in the Malaysia-Thailand Joint Development Area (MTJDA) for 3 years and 2 years respectively. The two sister…

Damen Delivers Fast Crew Supplier for Allseas' Pioneering Spirit Vessel

Jun 15, 2021

Dutch Damen Shipyards Group has delivered a Fast Crew Supplier (FCS) 1605 to offshore installation firm Allseas to support its Pioneering Spirit vessel, the largest offshore construction vessel in the world.The FCS 1605 vessel will perform fast…

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