Offshore Energy News - page 161

 

BV to Certify Floating Wind Farm in S. Korea

Nov 22, 2022

Bureau Veritas, a testing, inspection, and certification company, will work with the Korean Register (KR) to certify Bada Energy's Gray Whale 3 floating offshore wind farm project in Ulsan, South Korea.Gray Whale 3 floating offshore wind farm is a product of a partnership between Corio Generation…

Equinor Files Development Plan for $1,45B Irpa Deepwater Gas Discovery

Nov 22, 2022

The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for the Irpa offshore gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy.The gas discovery, sitting in the Norwegian Sea at a depth of 1350 meters…

Norway's October Oil, Gas Output Lags Forecast

Nov 22, 2022

Norway's crude oil and gas output rose in October from September but lagged official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output rose to 1.75 million barrels per day (bpd) in October from 1…

Shell to 'Evaluate' 25B Pound UK Investments after Windfall Tax

Nov 22, 2022

Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government's decision to increase a windfall tax on oil and gas producers.'We're going to have to evaluate each project on a case by case basis…

Pemex Sees Deepwater Lakach Gas Project Boosting Output Significantly

Nov 22, 2022

Mexican state oil company Pemex expects a key offshore natural gas field located in the deepwater Gulf of Mexico will add significant output after inking a service contract on Monday, part of a push to grow local output while reducing imports…

UK Oil and Gas Sector Faces $24B Bill to Plug Old Wells

Nov 22, 2022

British North Sea oil and gas producers will spend around 20 billion pounds ($24 billion) on dismantling over 2,000 unused wells and facilities in the ageing basin over the next decade, an industry group said on Tuesday.The cost burden for plugging wells and removing platforms…

Brazil: No Gato do Mato Offshore Field FID in Next 12-24 Months, FPSO Firm Says

Nov 21, 2022

Shell's Brazilian subsidiary Shell Brasil Petróleo will not be making final investment decision (FID) on its Gato do Mato oil and gas field development offshore Brazil within the next 12 to 24 months. This is according to FPSO leasing firm BW…

ADNOC Drilling to Buy Three New Jack-up Rigs for $320M

Nov 21, 2022

UAE-based offshore drilling contractor ADNOC Drilling said Monday it had agreed to buy three 'brand new' premium offshore jack-up drilling rigs for $320 million, 'with further acquisitions in the pipeline.'The company said the rigs would meet…

Decommissioning: ASCO Wins Four NORM Decontamination Services Deals

Nov 21, 2022

UK-based firm ASCO said Monday it had signed four new contracts for Naturally Occurring Radioactive Materials (NORM) decontamination and disposal services with major operators, worth more than £10 million (around $11,8 million.)ASCO said that its subsidiary…

Norwegian Battery Startup Names Oil Industry Veteran as CEO

Nov 21, 2022

Norwegian startup Morrow Batteries has appointed Lars Christian Bacher, an oil industry veteran, as its new chief executive officer, the company said on Monday. Bacher had spent 30 years at Norway's largest oil and gas firm Equinor, where he held various executive positions…

Lula to Start Job Interviews for Petrobras Overhaul, Sources Say

Nov 21, 2022

Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what may be a rocky few months for the state-controlled company.Lula…

Lhyfe and Nantes - Saint Nazaire Port In Pact to Develop Offshore Renewable Hydrogen

Nov 21, 2022

Green hydrogen firm Lhyfe has signed a partnership deal with Nantes - Saint Nazaire Port, France’s fourth largest seaport, to develop the offshore renewable sector and ramp up energy transition on the Loire Estuary.'Hydrogen is able to draw…

Qatar Pens 27-year Deal with China as LNG Competition Heats Up

Nov 21, 2022

QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February…

UK Well Decommissioning Firm Names Subsurface Team Lead

Nov 21, 2022

UK-based well decommissioning services company Well-Safe Solutions has appointed Ruth Thomas as Subsurface Team Lead.Thomas has over two decades of experience in providing subsurface support to assets in the UK sector of the North Sea for energy majors including Repsol Sinopec Resources UK…

Magseis Renewables Wins North Sea CCS Monitoring Deal

Nov 21, 2022

Magseis Renewables AS, a subsidiary of the Norwegian OBN seismic services firm Magseis Fairfield ASA, has won a contract to collect data for a CCS monitoring project in the North Sea. The company will use its MASS III ocean bottom nodes and…

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Exxon Looking to Explore Trini

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CEP Makes ‘Significant’ Oil Discovery Offshore Poland

CEP Makes ‘Significant’ Oil Di

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Pandion Energy Divests Interes

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