Offshore Regions News - page 774


Ancala Midstream to Process Gas from Lundin's Norwegian Fields

Mar 08, 2021

Ancala Midstream has secured a life-of-field contract to transport and process gas from the Lundin Energy-operated Solveig field located in the Norwegian sector of the North Sea.The first gas from the field is expected in Q3 2021 and will be…

Erria, Maersk Drilling Pen 3-Year Contract

Mar 08, 2021

Danish maritime services company Erria has today entered into a three-year agreement with the offshore drilling contractor Maersk Drilling under which it will handle marine warranty survey tasks related to relocation of Maersk Drilling's drilling rigs…

USA: Senator Cruz Puts Hold On Biden's CIA Pick over Nord Stream 2 Pipeline

Mar 08, 2021

Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns…

CGX Energy to Spend $90M on Guyana Offshore Drilling Campaign

Mar 08, 2021

CGX Energy, a Canadian-based oil and gas firm focused on Guyana, expects to spud an exploration well in its Corentyne block in the second half of 2021.In a recent update, CGX Energy said the Kawa-1 exploration is expected to be drilled to a depth of approximately 6…

Brent Tops $70 after Houthi Attack on Saudi Oil Export Hub

Mar 08, 2021

Yemen's Houthi forces fired drones and missiles at the heart of Saudi Arabia's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports, in what Riyadh called a failed assault on global energy security…

AG&P Gets OK to Develop the Philippines LNG Import Terminal in Batangas Bay

Mar 08, 2021

- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned…

Total CEO Not Betting on Prices Staying at $70 a Barrel

Mar 08, 2021

Total's chief executive said on Monday it could take two years for the world economy to recover from the coronavirus pandemic and that oil prices were unlikely to remain at the current high of $70 a barrel.'I am not betting on prices staying at $70 a barrel…

Norway's Aker Establishes Bitcoin Investment Unit

Mar 08, 2021

Norway's Aker ASA is establishing a new unit dedicated to investing in bitcoin and blockchain technology, the industrial holding company said on Monday.Seetee AS would initially have a capital of 500 million Norwegian crowns ($58.6 million) and planned to keep its liquid assets in bitcoin…

Brazil: Enauta Launches Bidding Process for Atlanta Field FPSO

Mar 08, 2021

Brazilian oil company Enauta has launched the bidding process for the FPSO for the full development of the Atlanta field, in the Santos Basin, offshore Brazil.The Atlanta field has been producing oil via Petrojarl I FPSO - an early production system…

Maersk Drilling Finds Work for Warm-stacked Jack-Up

Mar 08, 2021

Denmark-based offshore drilling company Maersk Drilling has won a one-well contract with Petrogas E&P Netherlands for the harsh-environment jack-up rig Maersk Resolute.The Maersk Resolute will perform well maintenance and drill a side-track…

Total Hires Shearwater for 4D Survey Offshore Angola

Mar 08, 2021

Marine seismic survey company Shearwater GeoServices said Monday it had won a contract with Total E&P Angola for a 4D monitor marine seismic acquisition survey.Irene Waage Basili, CEO of Shearwater said: 'We have seen a notable increase in interest…

Another Vessel Joining Nord Stream 2 Pipeline Construction

Mar 05, 2021

The consortium behind the Nord Stream 2 undersea gas pipeline said on Thursday a second Russian pipe-laying vessel is undergoing sea trials ahead of joining the project, as it presses on with construction despite growing political pressure.The vessel…

ExxonMobil Extends Seadrill Drillship's Workscope in Brazil

Mar 05, 2021

U.S. oil major ExxonMobil has recently awarded a contract extension to Seadrill for the use of the West Saturn drillship in Brazil.Seadrill revealed the news in its fourth-quarter 2020 presentation on Thursday. The offshore drilling contractor…

China to Accelerate Work on New Energy Sources, But Coal Remains in the Mix

Mar 05, 2021

China set a modest five-year growth target on Friday for its nuclear power generation capacity and promised quicker development of alternative energy sources as it seeks to cut its carbon footprint, but left its coal industry largely untouched…

TDI-Brooks Wraps Offshore Studies for ExxonMobil, Chevron in Angola

Mar 05, 2021

Offshore services firm TDI-Brooks International has said it has recently completed Environmental Baseline Studies (EBS) for both Chevron's Cabinda Gulf Oil Company and ExxonMobil in Angola.TDI-Brooks deployed the R/V Proteus vessel to blocks…

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