Offshore Regions News - page 396


In a 'World first', Lhyfe's Sealhyfe Pilot Starts Producing Green Hydrogen in the Atlantic

Jun 27, 2023

Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first.The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic…

Linjepartner to Deliver Overhead Power Lines for Aker BP's Power from Shore Project

Jun 27, 2023

Norway's Linjepartner has been selected as a partner for the delivery of overhead lines in Aker BP's Yggdrasil power from shore project. Yggdrasil is an offshore oil development in the North Sea, off Norway.According to a press release issued Tuesday…

"Significant Contract" - TechnipFMC to Supply Subsea Production Systems for Offshore Project in Angola

Jun 27, 2023

Oilfield services firm TechnipFMC said Monday it had won a significant contract with Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola.For TechnipFMC, a “significant” contract is between $75 million and $250 million…

Petronas' Domestic Oil and Gas Production Expected to Peak at 2 Million Barrels per Day by 2024

Jun 27, 2023

Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said on Tuesday.About 60-70% of its production is natural gas and will remain so going forward…

Saipem Secures $550 Million Worth of Offshore Drilling Contracts

Jun 27, 2023

Italian offshore services firm Saipem has won two offshore drilling contracts, one in the Middle East and one in the Mediterranean Sea, worth about $550 million in total.In the Middle East, Saipem said it had ensured the continuity of the ongoing…

Guyana Not Interested in Joining OPEC, VP Says

Jun 26, 2023

Nascent oil producer Guyana is not interested in joining the Organization of the Petroleum Exporting Countries (OPEC), Guyanese Vice-President Bharrat Jagdeo said on Monday, as the South American country looks to rapidly boost production and attract new operators…

Enauta Restarts Production from Atlanta Field Offshore Brazil

Jun 26, 2023

Brazilian oil company Enauta has restarted production from the Atlanta field offshore Brazil, after the completion of the scheduled maintenance shutdown of the FPSO Petrojarl I.The well production will gradually be restarted in accordance with…

PGS, TGS, and SLB in Offshore Seismic Data Reprocessing Deal in Sarawak Province, Malaysia

Jun 26, 2023

Norwegian offshore seismic firm PGS and JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia. This will be achieved by reprocessing…

Iberdrola, Partners to Upgrade New York's Power Grid for Offshore Wind Power Consumption

Jun 26, 2023

Spanish renewable energy company Iberdrola said Monday it woul dhelp deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company said it would add approximately 90 miles (about 150 km)…

ADNOC Drilling Secures $2 Billion in Contracts for Five Jack-up Rigs

Jun 26, 2023

ADNOC Drilling on Friday confirmed the award of five 10-year contracts, totaling approximately $2 billion for jack-up rigs in support of ADNOC Offshore’s growing drilling operations. 'The contractual conditions, particularly the duration, were…

Hybrid Crew Transfer Vessel WINDEA ONE Joins Orsted's North Sea Wind Farm Fleet

Jun 26, 2023

The first 32m parallel hybrid crew transfer vessel (CTV) designed by Incat Crowther for Emden-based EMS Maritime Offshore (EMO) has been delivered, with the vessel already servicing Germany’s offshore wind industry.According to Incat Crowther…

More Norway Offshore Drilling Workers Warn of Strike Action

Jun 26, 2023

More Norwegian oil and gas drilling rig workers warned last Friday of potential strike action [this] week as unions and employers prepared to negotiate over wages, although any labor conflict was still unlikely to affect oil and gas output. The…

Israel's Gas Reserves Grew by 40% Over Past Decade, Report Says

Jun 26, 2023

Israel's natural gas reserves have grown by 40% over the past decade due to increased drilling and exploration activities, an industry report said, even as production soared.The growth came amid five-fold growth in offshore gas production since…

Indonesia Sets a July Deadline for IDD Offshore Gas Project Divestment

Jun 26, 2023

The Indonesian government hopes to have the matter of the operatorship of the Indonesia Deepwater Development (IDD) gas project settled by next month after years of delay, the energy minister said on Friday.Operator Chevron, which owns a 62% stake…

Seadrill in Talks to Sell Jack-up Rig Trio in Qatar

Jun 26, 2023

Offshore drilling firm Seadrill said Monday it was in active discussions to sell jack-up rigs West Castor, West Telesto, and West Tucana.The three jack-ups which are bareboat chartered by Seadrill to Gulfdrill, a 50:50 joint venture between Seadrill and Gulf Drilling International…

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