Offshore Regions News - page 792


Timeline: Nord Stream 2 Gas Pipeline's Difficult Birth

Dec 15, 2020

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.An alleged nerve agent attack on Kremlin…

Germany, Denmark to Work More Closely on Offshore Wind Projects

Dec 15, 2020

Germany and Denmark pledged on Monday to cooperate more closely on joint offshore wind power development via clusters in the North and Baltic Seas to spur renewable power and hydrogen production.The planned cooperation marks an important step…

Turkey Won't Abandon East Med Rights over EU Sanctions Threat, FM Says

Dec 15, 2020

Turkey will not abandon its rights and interests in the eastern Mediterranean because of possible European Union sanctions or criticism, Foreign Minister Mevlut Cavusoglu said on Monday.At a summit on Friday, EU leaders agreed to prepare limited…

Mexico: Blackford Dolphin Rig Starts Pemex Work

Dec 15, 2020

Offshore drilling company Dolphin Drilling said Tuesday that its Blackford Dolphin semi-submersible drilling rig had completed inspection and started a contract with Pemex in Mexico.'We are delighted to announce that on Thursday, 3rd December 2020…

Japan Plans to Install Up to 45GW of Offshore Wind Power

Dec 15, 2020

Japan plans to install between 30 gigawatts and 45 gigawatts of offshore wind power by 2040 to reduce emissions and meet a target to achieve carbon neutrality by the year 2050, the Asahi newspaper reported on Tuesday, without citing sources…

UK to End Support for Overseas Fossil Fuel Projects

Dec 14, 2020

UK Prime Minister Boris Johnson said over the weekend the government would end direct support for the fossil fuel energy sector overseas.In what the PM office said was a major policy shift, the UK will end taxpayer support for fossil fuel projects overseas 'as soon as possible…

Exxon Sets Greenhouse Gas Emissions Reduction Target

Dec 14, 2020

Oil major Exxon Mobil Corp said on Monday it planned to reduce its greenhouse gas emissions over the next five years, as investors and climate change campaigners ratchet up the pressure for action to limit global warming.The move comes after…

Denmark Approves Vattenfall's Vesterhav Syd and Nord Wind Farm Plans

Dec 14, 2020

Danish Energy Agency has approved Vattenfall's environmental assessment and construction plans for offshore wind farms Vesterhav Syd and Nord.Vattenfall can now begin the next stage of work on the offshore wind farms, which will produce electricity equivalent to the annual consumption of 380…

NOIA Pushes for Growth and Stability in the US Energy Markets

Dec 14, 2020

Erik Milito, President National Ocean Industries Association (NOIA), discusses the outlook for traditional oil and gas and emerging renewable offshore energy under the incoming Biden Administration.

Solstad Nets Charters for Platform Supply Vessels in Norway

Dec 14, 2020

Norwegian company Solstad Offshore has won charters for two of its platform supply vessels in Norway.The offshore vessel owner said Monday that its platform supplier 'Normand Serenade' has won a medium-term contract with Wintershall Dea to support…

Lundin Gets OK to Use Rowan Viking Rig at Edvard Grieg Field

Dec 14, 2020

Swedish oil company Lundin, focused on oil and gas operations in Norway, has obtained regulatory consent to used the Rowan Viking jack-up rig on the Edvard Grieg offshore field.The consent, granted last week by the Petroleum Safety Authority Norway…

Nord Stream 2 Pipeline Construction Works Resume Despite U.S. sanctions

Dec 14, 2020

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.The pipeline, which Washington says compromises European energy security…

Chariot Agrees Key Terms for Rissana License Offshore Morocco. Award Expected in 2021

Dec 14, 2020

OIl and gas firm Chariot Oil & Gas said Monday it has negotiated the key terms of a new license, Rissana Offshore ('Rissana') in Morocco.  The formal award of the license is anticipated to occur in 2021 and is subject to the normal Moroccan regulatory procedures and approvals…

Oilex Buys East Irish Sea Block from Burgate

Dec 14, 2020

Oil company Oilex has completed the deal with Burgate to acquire a 100% participating interest in the Doyle-Peel license (P2446) in the East Irish Sea (EIS), offshore the United Kingdom ('Agreement').  The license lies on the west-dipping graben…

CNOOC Brings Online Bohai Sea Oil Field

Dec 14, 2020

China's CNOOC said Monday that its Penglai 25-6 oilfield area 3 project has started production ahead of schedule.The Penglai 25-6 oilfield area 3 project is located in the south central Bohai Sea, with average water depth of about 27 meters…

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