Offshore Activity - page 6

 

PGS Wins Seismic Survey Contracts in Indonesia and Australia

Jul 21, 2022

Norwegian marine seismic survey contractor PGS said Thursday it had won a significant 3D exploration acquisition contract offshore Indonesia with a major energy company. Also, PGS said it had secured a major 4D acquisition contract offshore Australia with an international energy company…

Biden Moves to Expand Offshore Wind to Gulf of Mexico

Jul 21, 2022

The Biden administration on Wednesday said it had identified 700,000 acres for possible offshore wind energy development in the Gulf of Mexico, seeking to expand a growing clean energy industry to a major U.S. oil and gas hub.It also said President…

ConocoPhillips Eyes US Gulf of Mexico Exit

Jul 20, 2022

ConocoPhillips is exploring a sale of its stake in the Ursa platform and Princess subsea well in the Gulf of Mexico, people familiar with the matter said on Wednesday, in what would mark its exit from deepwater energy production off the U.S…

Shell Places US Gulf of Mexico Assets Up for Sale

Jul 20, 2022

Shell is exploring a sale of its stakes in two U.S. Gulf of Mexico oil and gas developments which could raise as much as $1.5 billion for the energy major, people familiar with the matter said on Wednesday.Potential divestments of some aging…

Oil Platform Worker Airlifted Near Southwest Pass

Jul 20, 2022

An oil platform worker was medevaced Wednesday morning approximately 20 miles southeast of Southwest Pass, La.The U.S. Coast Guard said its watchstanders at Sector New Orleans received notification at 11:38 p.m. Tuesday from the oil platform…

'Material' Resource Boost for Chariot's Gas Assets Offshore Morocco

Jul 20, 2022

Africa-focused oil and gas company Chariot on Wednesday announced a 'material increase' in gas resource estimates for its assets offshore Morocco, as it works to reach a final investment decision for the Anchois gas field development.The company…

Valaris' Semi-Sub Reaches Santos' Barossa Gas Field

Jul 20, 2022

Offshore drilling firm Valaris said Tuesday that its Valaris MS-1 semi-submersible drilling rig had reached Santos' Barossa gas field offshore Australia.'On July 16, the VALARIS MS-1 completed the tow from Dampier to the Barossa Field offshore…

Floating Wind: DemoSATH Floater Launched in Spain (VIDEO)

Jul 20, 2022

Spanish offshore engineering firm Saitec Offshore Technologies and renewables giant RWE on Wednesday marked the completion and the launching operation of their DemoSATH floating wind unit. SATH Technology is based on a concrete platform concept with a plug-and-play Single Point Mooring…

Oil Supply Crunch is Coming, ConocoPhillips CEO Says

Jul 20, 2022

ConocoPhillips' chief executive on Tuesday warned of looming crude oil shortages and price volatility, citing limited spare capacity among the Organization of the Petroleum Exporting Countries and slow U.S. output gains ahead.Ryan Lance, head of the largest U…

Baker Hughes Posts Bigger Quarterly Loss on Russia-related Charges

Jul 20, 2022

Oilfield services provider Baker Hughes on Wednesday reported a bigger second-quarter loss, hit by a $365 million charge from suspension of its Russian operations and supply chain inflation, dampening the benefits of higher oil prices.The company's shares fell about 4…

TotalEnergies 'Definitely' Withdraws from Myanmar

Jul 20, 2022

French oil major TotalEnergies on Wednesday confirmed its definite withdrawal from Myanmar and repeated its condemnation of the abuses and human rights violations in the country.To remind, Total said earlier this year it would officially exit Myanmar oil and gas business in July…

Gallery: FPSO Almirante Barroso En Route to Brazil

Jul 20, 2022

Japanese FPSO leasing company MODEC said Wednesday that the FPSO Almirante Barroso MV32 had started its navigation towards Brazil last Sunday. The FPSO is bound for deployment at Petrobras' Búzios deepwater oil field.The FPSO left the Cosco shipyard in China on Sunday…

Shell to Stop Paying Prelude LNG Workers from Monday as Industrial Action Extended

Jul 20, 2022

Shell Plc on Wednesday told workers at its Prelude floating liquefied natural gas (FLNG) facility it would stop paying them as of Monday after they extended industrial action for two more weeks over a long-running wage dispute.Shell last week began shutting down the 3…

Aker BP to Raise Dividend in H2 after Upbeat Q2 Results

Jul 20, 2022

Norwegian oil company Aker BP posted upbeat second-quarter results on Wednesday and said it will raise its dividend payments in the second half of the year, as it continued to benefit from high oil and gas prices due to the war in Ukraine.Earnings before interest…

Indonesia Offers Six Oil and Gas Blocks for Bidding

Jul 20, 2022

Indonesia is offering five exploration oil and gas working areas and one exploitation working area across the country in its first bidding round of this year, a senior energy official said on Wednesday.The oil and gas blocks have a total potential resources of 3…

Current News

Eni Buys Exmar's Tango FLNG for Use in the Congo

Eni Buys Exmar's Tango FLNG for Use in the Congo

Russia Ups Stakes in Sakhalin Energy Standoff in Sanctions Retaliation

Russia Ups Stakes in Sakhalin Energy Standoff in Sanctions Retaliation

SBM Orders Seventh Fast4Ward Hull

SBM Orders Seventh Fast4Ward Hull

Equinor Makes Move on Rosebank

Equinor Makes Move on Rosebank

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