Offshore Activity - page 2

 

Wellesley Gets Drilling Permit for North Sea Well

Oct 21, 2021

Oil and gas company Wellesley Petroleum has received regulatory approval from Norwegian Petroleum Directorate to drill an exploration well in the North Sea, off Norway.The well, formally named well 36/1-4 S, will be drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…

Jan De Nul Reburies Export Cable at Eneco's Luchterduinen Offshore Wind Farm

Oct 21, 2021

Offshore installation company Jan De Nul has completed a cable reburial project at Eneco’s Luchterduinen wind farm in the Dutch North Sea.The wind farm, located 23 kilometers off the coast of Noordwijk and Zandvoort, has been operational since 2015…

UK's Green Gilt Attracts More than $100B in Demand

Oct 21, 2021

Britain received more than 74 billion pounds ($102 billion) in demand for its second green government bond, a month after its first green gilt drew a record 100 billion pounds in demand from investors.Proceeds from the sales - which only make…

Israel Looking to Boost Gas Exports to Egypt via New Onshore Pipeline

Oct 21, 2021

Israel is considering the construction of a new onshore pipeline to Egypt in order to quickly boost natural gas exports to its neighbour in the wake of the recent tightening of global supplies, the Israeli energy ministry said.The pipeline,…

Oil Price Reaches Multi-year High Above $86, Then Pulls Back

Oct 21, 2021

Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the rally is looking overstretched.Helping to drive the latest gain, a supply report from the U…

PGS, Magseis Fairfield Team Up for Hybrid Towed Streamer and OBN Seismic Surveys

Oct 21, 2021

Offshore seismic services companies PGS and Magseis Fairfield have agreed to collaborate in the growing hybrid towed streamer and OBN seismic market. The hybrid market is defined as the simultaneous use of towed streamer and ocean bottom node acquisition technologies…

Neptune Energy Backs World Bank's Zero Routine Flaring Initiative

Oct 21, 2021

Oil and gas company Neptune Energy on Thursday endorsed the World Bank’s Zero Routine Flaring by 2030 initiative.The initiative brings together governments, companies, and development institutions to eliminate routine gas flaring in oil production no later than 2030…

GMS Bags Work for Two Jack-ups

Oct 21, 2021

GMS, a provider of self‐propelled, self‐elevating support vessels for the offshore energy industries has secured a 12-month or an E Class vessel with an unamed engineering, procurement and construction cliane in the MENA region.The contract is due to start at the end of December 2021…

Woodside Slashes Gas Reserves Estimate for Two Offshore Fields

Oct 21, 2021

Woodside Petroleum slashed its gas reserves estimate for two fields at the Wheatstone project on Thursday, in an unexpected downgrade that knocked the top Australian oil and gas company's shares.The company also said it was on track to sell…

UK Gov't to Support Two CCUS Clusters. Scottish Cluster Left as 'Reserve'

Oct 20, 2021

The UK Government has selected two industrial clusters as Track-1 clusters for the development of carbon capture utilization and storage projects, putting them on course for launch by the mid-2020s with financial support from the government…

TotalEnergies Charters Vroon Platform Supplier for UK Ops

Oct 20, 2021

Oil and gas company TotalEnergies E&P UK has recently chartered Vroon Offshore's platform supply vessel for a period of one year. The platform supplier will be supporting operations at Total’s North Sea assets. The new charter follows on from…

Norway's Sept Oil, Gas Output Drop but Beat Forecast

Oct 20, 2021

Norway's petroleum output in September fell from the previous month, but exceeded official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.Crude oil output declined to 1.77 million barrels per day (bpd) in September from 1…

SeaMade: Belgium's Largest Offshore Wind Farm Inaugurated

Oct 20, 2021

Belgium's largest offshore wind farm, the 487MW SeaMade that can power 500,000 Belgian households, has now been officially inaugurated.The news of the inauguration was shared Wednesday by Ocean Winds, a joint venture created by EDP Renewables and ENGIE (50:50)…

Chevron Books Edda Fides Accommodation Vessel for Wheatstone Work

Oct 20, 2021

Oil and gas company Chevron has chartered Edda Accommodation's Edda Fides offshore accommodation unit for operations support in Australia, starting in the second quarter of 2022.Currently on a charter with Norway's Equinor, mono-hull vessel…

Baker Hughes Profit Misses Estimates

Oct 20, 2021

Oilfield firm Baker Hughes Co reported a quarterly profit that fell short of Wall Street expectations on Wednesday, sending its shares down sharply in pre-market trading.Oil producers and service firms are expected to be supported by a rebound…

Current News

Exxon to Close Two Houston-area Office Towers

Exxon to Close Two Houston-area Office Towers

US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year

US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Shell Expects Ida-hit Offshore Platform to Restart in November

Shell Expects Ida-hit Offshore Platform to Restart in November

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