Offshore Regions News - page 574


Dolphin Drilling Names VP of Marketing as It Targets North Sea Growth

May 09, 2022

Harsh environment offshore drilling services provider Dolphin Drilling has appointed Michael Boyd to the role of VP of Marketing, as the firm eyes further growth and boosts its presence in the North Sea market.Boyd, who first joined Dolphin…

Keppel O&M Secures Bareboat Charters for Two Jack-up Rigs in Saudi Arabia

May 09, 2022

Singapore-based rig builder Keppel Offshore & Marine has secured bareboat charter deals for two of its KFELS B Class rigs to be deployed in Saudi Arabia.The two rigs will be chartered by the drilling contractor ADES for a period of five years…

Senegal: GAS Entec Builds 'World's First' Modular LNG Floating Storage Regasification Unit for KARMOL

May 09, 2022

GAS Entec has completed the conversion of a 125,000m³ LNG carrier into an FSRUfor KARMOL, a joint-venture between Turkey's Karpowership and Japan's Mitsui OSK Lines (MOL), for deployment in Senegal.The company, a subsidiary of Atlantic Gulf & Pacific International Holding (AG&P)…

Equinor Taps Heerema for U.S. Offshore Wind Work

May 09, 2022

Norwegian energy company Equinor has on behalf of its U.S. offshore wind joint venture with BP,  selected Dutch offshore installation firm Heerema Marine Contractors as a strategic supplier to develop the Empire Wind and Beacon Wind projects…

Equatorial Guinea Extends Offshore Block G PSC until Dec. 2040

May 09, 2022

The government of Equatorial Guinea has granted an extension of the Production Sharing Contract ('PSC') for the offshore Block G until December 31, 2040, covering both the producing Ceiba and Okume Complex Fields, Panoro Energy, a partner in the project…

Western Gas: Equipment Mobilization Starts ahead of Sasanof-1 Drilling Kick-off

May 06, 2022

Australian oil and gas company Western Gas, gearing up to start drilling at its promising Sasanof-1 prospect off W. Australia, has said that the mobilization of equipment to the Valaris MS-1 semisubmersible drilling rig has now started in preparation…

Guyana in 'No Rush' to Draft New Offshore Oil Production Sharing Agreement

May 06, 2022

Guyana is in 'no rush' to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a year-long drive to devise new rules for future output.The government of South America's…

Petronas Books JDC Semi-sub for Up to Ten Wells Offshore Sarawak

May 06, 2022

Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC)  has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…

Marubeni Cuts Exposure to Russia by Writing Down Sakhalin-1 Stake

May 06, 2022

Japanese trading house Marubeni Corp said on Friday it had cut its exposure to Russia by 12.6 billion yen ($97 million) in the year just ended, mainly by writing down its stake in the country's Sakhalin-1 oil project.Its net exposure to Russia…

ION Geophysical Reprocesses 62,000 km of Colombia's Vintage Offshore Seismic Data

May 06, 2022

Offshore seismic data company ION Geophysical has completed reprocessing of the prestack time and depth imaging of over 62,000 km of legacy data acquired from the National Hydrocarbon Agency of Colombia (ANH) for its Colombia Caribe 2D reprocessing program…

Nigeria and Angola Responsible for Nearly Half of OPEC+ Oil Supply Gap

May 06, 2022

Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including moves by Western oil majors away from African projects.OPEC and its allies…

INPEX Starts Drilling Operation Offshore Japan

May 06, 2022

Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…

Contract Extension for DOF's 'Skandi Africa'

May 06, 2022

Norwegian subsea services DOF Subsea has won a contract extension for its Skandi Africa subsea construction vessel.The new commitment will now run until February 2024 and will start in direct continuation with the current contract. DOF Subsea did not say who the client was…

Brazil's Petrobras Reports $9B Profit as Bolsonaro Rails Against Company

May 06, 2022

Brazil's Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed against the state-run oil company's profitability, saying its executives had no sympathy for ordinary people…

Baker Hughes, Halliburton, Schlumberger, Others Win $2,1B in Drilling, Services Deals with Equinor

May 06, 2022

Oilfield services giants Baker Hughes, Halliburton, and Schlumberger have signed a contract extension with the Norwegian oil and gas company Equinor for the integrated drilling and well services on Equinor-operated fields offshore Norway.Equinor said Friday it was…

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