Offshore Regions News - page 264


Entrion Wind Secures US Patent for Deepwater Monopile Tech

Nov 08, 2024

Entrion Wind has secured a U.S. patent for its Fully Restrained Platform (FRP) monopile, which extends the range of traditional offshore wind monopile technology up to 100 meters water depths.Entrion Wind’s FRP monopile design integrates proven…

US LNG Firms Expect Expansion Regulations to Ease Under New Administration

Nov 08, 2024

U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.Their confidence is buoyed by Trump's…

ExxonMobil Takes Ownership of FPSO Prosperity

Nov 08, 2024

ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore, operating at Payara, Guyana’s third offshore oil development on the Stabroek Block.ExxonMobil, through its affiliate ExxonMobil Guyana…

Angola Outlines Plans for Multi-Year Oil and Gas License Rounds from 2026

Nov 07, 2024

Angola intends to replicate its maiden multi-year licensing round for oil and gas acreage from 2026, a senior government energy official said on Thursday, as the country looks to boost production and investment.The first multi-year auction for 50 onshore and offshore blocks was for 2019-2025…

Vårgrønn Enters German Offshore Wind Market with Baltic 2 Acquisition

Nov 07, 2024

Vårgrønn, a joint venture between Eni’s Plenitude and HitecVision, has entered into an agreement to acquire a 27.4% stake in the operational Baltic 2 offshore wind farm in Germany from PGGM Infrastructure Fund.Following the closing of the deal…

Exxon Expects First LNG From Mozambique Project in 2030

Nov 07, 2024

Exxon Mobil is expecting the first liquefied natural gas (LNG) output from its project in Mozambique in 2030, a company executive said on Thursday.Exxon along with partners including Eni and China's CNPC are developing an LNG project in northern Mozambique…

Sval Energi Sells Norwegian Sea Development Share to Equinor

Nov 07, 2024

Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit, increasing its ownership to 69.5%.Halten East is an ongoing offshore development located in the Kristin-Åsgård area in the Norwegian Sea.The development comprises six gas discoveries and three prospects…

Trump’s Return to Maximize Oil and Gas Production, Slow Clean Energy Growth

Nov 06, 2024

Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U…

US Gulf of Mexico Oil and Gas Output Goes Down Ahead of Storm

Nov 06, 2024

Oil and gas producers began shutting in U.S. Gulf of Mexico output and pulling workers off platforms on Tuesday ahead of a late hurricane season storm threatening offshore fields.The U.S. National Hurricane Center warned of steady to rapid intensification over the next 24 to 36 hours…

Australia Grants Major Project Status for Gippsland Dawn Offshore Wind

Nov 06, 2024

BlueFloat Energy’s Gippsland Dawn offshore wind project has been granted Major Project Status (MPS) by the Australian Government, one of 16 diverse projects nationwide to receive this recognition and only the second offshore wind projects being developed to hold this status…

Seaway7 Secures Inter-Array Cabling Work for East Anglia TWO Offshore Wind Farm

Nov 06, 2024

Seaway7, part of the Subsea7 Group, has secured a ‘substantial’ contract from ScottishPower Renewables for the transport and installation of the inter-array cables of the East Anglia TWO offshore wind project.Seaway7’s scope of work for East Anglia TWO includes the engineering…

Vaisala Expands Offshore Wind Offering with New Acquisition

Nov 06, 2024

Measurement instruments and intelligence services company Vaisala has acquired UK-based software, weather monitoring systems and services company Nevis Technology, expanding its offer to offshore wind industry.The acquisition enables Vaisala…

Akastor Buys Mitsui’s Stake in AKOFS Offshore

Nov 06, 2024

Norwegian company Akastor has signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into…

OEG Renewables Orders Another CTV from Strategic Marine

Nov 06, 2024

Singapore-based shipbuilder Strategic Marine has secured an order for a next-generation crew transfer vessel (CTV) from OEG Renewables, part of the OEG Energy Group, destined to operate in Taiwan.The vessel, named Wey Feng, will be the fourth…

Brent Field Decommissioning Project Enters Next Phase

Nov 05, 2024

Mammoet has completed the load-in of the last and heaviest of the Brent oil and gas field topsides, Brent Charlie, which has been skidded onto the quayside for decommissioning operation.The Brent field, one of the largest oil and gas fields in the North Sea…

Current News

ExxonMobil Offshore Oil Venture in Guyana Recoups Initial Costs

Chevron Posts Strongest Quarterly Profit in Six Years

ExxonMobil Misses Forecasts Despite Four-Year Profit High

Fugro Forecasts Offshore Wind Recovery Outlook Delay to 2027

Subscribe for OE Digital E‑News