Offshore Regions News - page 3


Venezuelans to Vote in Referendum on Territory - Minister

Sep 25, 2023

Venezuela's National Assembly has green-lighted a referendum regarding a territorial dispute with Guyana, Foreign Minister Yvan Gil said on Saturday in an address to the United Nations. Venezuela this week rejected Guyana's recent oil tender…

Ramboll Joins Global Offshore Wind Alliance

Sep 25, 2023

Danish engineering group Ramboll has joined the Global Offshore Wind Alliance, a public-private forum working to accelerate global offshore wind capacity. Founded by the Government of Denmark, the International Renewable Energy Agency (IRENA)…

Egypt Launches Oil and Gas Exploration Bidding Round

Sep 25, 2023

Egypt's petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25. The round includes 10 areas in Egypt's Western Desert, two in the Eastern Desert, seven in the Gulf of Suez…

Mexico's First Offshore LNG Plant to Receive Final Piece Soon

Sep 25, 2023

The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.LNG developer…

Biden Administration to Appeal Judge's Order Expanding Gulf Oil Auction

Sep 25, 2023

The Biden administration and environmental groups on Friday said they would appeal a Louisiana federal judge's ruling that ordered an expansion of next week's sale of oil leases in the Gulf of Mexico.The U.S. Interior Department and groups including…

Shell and Trinidad's National Gas Company Sign New Supply Deal

Sep 25, 2023

Shell on Friday signed an agreement to supply Trinidad and Tobago's National Gas Company (NGC) with natural gas through 2036, including from the yet-to-be developed Manatee offshore field, according to the state gas company.Trinidad and Tobago's…

CORRECTED-Lego Abandons One of Its Projects to Make Oil-free Bricks

Sep 25, 2023

Danish Toymaker Lego has abandoned its most high-profile effort to ditch oil-based plastics from its bricks after finding that its new material led to higher carbon emissions, the Financial Times reported on Sunday. Lego found that bricks made from recycled polyethylene terephthalate (RPET)…

TotalEnergies to Talk about Namibia Oil Exploration, Share Buybacks

Sep 22, 2023

TotalEnergies is expected to lay out the potential for its oil discoveries in Namibia at an investor day next week as the French energy firm continues to bet on oil and gas to boost profits while also growing its low-carbon business.The group…

Why the Volatile South Caucasus is Important for Oil and Gas supplies

Sep 22, 2023

Azerbaijan is trying to take back control of Nagorno-Karabakh, a breakaway territory controlled by ethnic Armenians, in the latest escalation of a decades-old conflict. Developments over Karabakh could alter the geopolitical balance in the South Caucasus…

Japan's Mitsui, Canada's Northland to Build 1 GW Offshore Wind Farm in Taiwan

Sep 22, 2023

Japan's Mitsui & Co said on Friday it had finalized a plan with Canada's Northland Power Inc. to build a 1 gigawatt (GW) offshore wind farm in Taiwan at an estimated cost of 960 billion yen ($6.5 billion). The deal comes as countries around…

U.S. Judge Orders Expansion of Gulf of Mexico Oil Lease Auction

Sep 22, 2023

A federal judge in Louisiana has ordered an expansion of next week's sale of oil leases in the Gulf of Mexico, saying the Biden administration must include additional acreage, according to a court ruling issued late on Thursday.The oil and gas industry…

Shapoorji Pallonji Energy Unveils 'Sterling Streamline' FPSO Hull Design

Sep 22, 2023

Shapoorji Pallonji Energy Pvt Ltd (SPE), on Friday unveiled a new generation of its standardized newbuild Hull concept design for large FPSOs called Sterling Streamline.'SP Energy, India’s sole specialist in designing, building, owning and operating…

Dry Well for Aker BP, Equinor in Norwegian North Sea

Sep 22, 2023

The Norwegian oil company Equinor has drilled a dry well in production license 035 in the North Sea, offshore Norway, the Norwegian Petroleum Directorate said Friday.'Equinor Energy is concluding the drilling of exploration well 30/11-15 in the North Sea…

Erdogan Says Turkey, Israel to Take Steps in Energy Drilling Soon

Sep 22, 2023

Turkey and Israel will soon begin taking joint steps in energy drilling, President Tayyip Erdogan was cited by Turkish media as saying on Thursday, adding the two countries would also operate energy networks to Europe through Turkey.Erdogan…

HitecVision Sells 6.3% Stake in Vår Energi for $423M

Sep 22, 2023

Norway's HitecVision said on Friday it has sold a 6.3% stake in oil and gas group Vaar Energi VAR.OL for 4.56 billion Norwegian crowns ($423 million), reducing its ownership in the company to 14.4%.The sale at 29 crowns per share came at a 9…

Current News

IWS Fleet Strikes Deal to Put Off Yard Payments for Offshore Wind Service Vessels

US Plans Sharp Reduction in Offshore Oil and Gas Lease Sales

Global Underwater Hub Hosts Royal Visit from King Charles

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

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