Offshore Energy News - page 205

 

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…

UK Gov't Gives Green Light for Six Offshore Wind Projects

Jul 20, 2022

The UK government on Tuesday gave green light for six fixed offshore wind projects, with the potential to generate renewable electricity for more than 7 million households.The Secretary of State for Business, Energy and Industrial Strategy gave…

Workers on Shell's Prelude FLNG Extend Industrial Action Over Pay Fight

Jul 20, 2022

Workers at Shell Plc's Prelude floating liquefied natural gas (FLNG) facility off northwestern Australia have extended industrial action to Aug. 4 over a prolonged pay fight, the Offshore Alliance said on Wednesday.Shell last week began shutting down the 3…

Odfjell Drilling's Offshore Rig Wins More Work with Equinor

Jul 20, 2022

Norwegian oil company Equinor has awarded further work for Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The deal is awarded under the continued optionality mechanism provided for in the contract entered into by the two companies in May 2021…

Russia Seen Restarting Gas Exports from Nord Stream 1 Pipeline on Schedule

Jul 20, 2022

Russian gas flows via the Nord Stream 1 pipeline are seen restarting on time on Thursday after the completion of scheduled maintenance, two sources familiar with the export plans told Reuters.The pipeline, which accounts for more than a third of Russian natural gas exports to the European Union…

Gallery: Allseas' Pioneering Spirit Vessel Removes 11,000t Gyda Offshore Jacket

Jul 19, 2022

Offshore installation and decommissioning contractor Allseas said Tuesday it had successfully removed and transported to shore Repsol Norge’s 30,000-tonne Gyda platform 'in a matter of days.'According to the company, Allseas' Pioneering Spirit…

Libya's New Govt-named NOC Chief Says No Change to Company Status

Jul 19, 2022

Farhat Bengdara, who was declared chairman of Libya's National Oil Corp last week by the Government of National Unity in Tripoli, said his appointment did not change the company's legal position after its validity was challenged.'I am aware…

Halliburton Sees Years of Oil Drilling Demand after Profits Jump

Jul 19, 2022

Oilfield services provider Halliburton Co on Tuesday posted a nearly 41% rise in second-quarter adjusted profit compared to the first quarter, and predicted multiple years of growth in demand for drilling.Driven by high oil prices, the increase…

OPL 245 Offshore Field: Italy Prosecutors Drop $1.3 billion Eni Nigeria Graft Appeal

Jul 19, 2022

Italian prosecutors on Tuesday dropped criminal proceedings over a $1.3 billion Nigerian oilfield deal, clearing energy majors Eni and Shell, as well as managers, including Eni Chief Executive Claudio Descalzi.Attorney General Celestina Gravina…

Brazil: Equinor Brings Peregrino Offshore Field Back Online

Jul 19, 2022

Norwegian oil and gas company Equinor has restarted oil production from the Peregrino offshore field after it was suspended in April 2020.The field was brought back online on June 16, 2022. Production was shut down in April 2020 and Equinor has since thenexecuted a major program of maintenance…

Afentra to Buy Further Stake in Shallow-water Area Offshore Angola

Jul 19, 2022

Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has agreed to buy interests in two shallow-water offshore blocks in Angola from the Croatian oil company INA - Industrija Nafte.To remind, Afentra in April agreed to buy a 20% non-operated interest in Block 3/05…

Van Oord Books Eidesvik Offshore Vessel for Offshore Wind Trenching Support

Jul 19, 2022

Dutch marine services firm Van Oord has, via its offshore wind subsidiary Van Oord Offshore Wind,  awarded Eidesvik Offshore a five-year contract for its Subsea Viking multi-purpose support vessel.The contract, of an undisclosed value, will start in the first quarter of 2023…

Sparrows Nets $60M North Sea Crane O&M Deal

Jul 19, 2022

Sparrows Group said Tuesday it had secured a contract worth approximately £50 million (around $60 million) with a major UKCS operator to provide crane management services across its operating assets in the North Sea. It did not say who the client was…

Green Energy Group Sells Petrel Explorer Survey Vessel

Jul 19, 2022

Norwegian company Green Energy Group has agreed to sell its Petrel Explorer seismic survey vessel.The company, which last year rebranded to Green Energy Group from Seabird Exploration to reflect a strategic shift in business towards green energy transition…

Force Majeure: Gazprom Tells European Buyers Gas Supply Halt Beyond Its Control

Jul 19, 2022

Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of 'extraordinary' circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow's invasion of Ukraine…

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