Offshore Energy News - page 541

 

Morrison Lays Gulf of Mexico Pipelines for Byron

Sep 11, 2020

Offshore energy services firm Morrison has informed that it has recently completed the installation of Byron Energy's South Marsh Island Blocks 58 & 59 oil and gas sales pipelines.For Morrison, the completion of the project marked more than 5…

CNOOC Brings Online Bohai Bay Oil Field

Sep 11, 2020

Chinese oil company CNOOC announced Friday the start of oil production from the Nanbao 35-2 oil field S1 area in the Bohai Bay, off China.Nanbao 35-2 oilfield S1 area is located in the central Bohai with average water depth of 17 meters. 'In…

Oz Offshore Regulator Launches Probe after Eni's Subsea Buoy Comes to Surface, Posing Threat to Vessels

Sep 10, 2020

The Australian offshore safety agency NOPSEMA has ordered Eni to 'make safe' a floating mid-depth buoy at the Woollybutt field off W. Australia, after the buoy, normally chained 50 meters underwater, was spotted floating on the surface, posing a navigational threat to vessels passing by…

Energean Power FPSO to Set Sail from Singapore in Summer of 2021, Energean Says

Sep 10, 2020

Oil and gas company Energean, working to develop its Karish field offshore Israel, expects that the FPSO being built for the eastern Mediterranean Sea project will set sail from Singapore in the summer of 2021. The London-listed company shared…

Vattenfall CFO Promoted to President & CEO

Sep 10, 2020

Swedish power company Vattenfall has appointed Anna Borg as its new President and CEO after Magnus Hall in July said he would leave the company.Borg has served as the offshore wind developer's CFO since 2017. Before this, was been Senior Vice President for Vattenfall's Business Area Markets…

Snam, Saipem to Jointly Pursue Energy Transition Tech

Sep 10, 2020

Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology.Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives…

Express Offshore Solutions Delivers All Pin Piles for Taiwan Offshore Wind Farm

Sep 10, 2020

Singapore's Express Offshore Solutions (EOS), together with their Taiwanese partner Hung Hua Construction Co. Ltd (HHC), has completed the transportation of 84 pin piles for the Taiwan Power Company's Changhua offshore wind farm project.EOS…

Report: Activist Investor Seeking to Break Up Noble Energy's Sale to Chevron

Sep 10, 2020

Activist investor Elliott Management is seeking to break up Noble Energy Inc's $5 billion sale to oil major Chevron Corp, a Bloomberg reporter tweeted on Wednesday.A notice posted on the U.S. Federal Trade Commission website on Tuesday showed the hedge fund had built a stake in Noble Energy…

With U.S. LNG and Black Sea Find as Bargaining Chips, Turkey Seeks Better Gas Terms from Current Suppliers

Sep 10, 2020

Turkey expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said.More than a quarter of Turkey's long-term gas contracts expire next year…

Offshore Wind Giant Ørsted Names New CEO

Sep 09, 2020

Ørsted, one of the world's largest offshore wind developers, has elected Mads Nipper as its new CEO. He will take over from Henrik Poulsen who recently announced the decision to step down.Nipper, currently CEO and President of Grundfos, one of the largest pump manufacturers in the world…

Nigeria Asks for Eni, Shell to Pay $1,1B in Offshore Oil Bribery Case

Sep 09, 2020

Nigeria asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate advance payment for damages it is claiming in one of the oil industry's biggest-ever corruption trials.At a hearing into alleged…

Hess CEO 'Optimistic' new Guyana Gov't Will Approve Payara Project Soon

Sep 09, 2020

Hess Corp's chief executive on Wednesday said he is optimistic the recently elected government of Guyana will issue by the end of September a production license for the third phase of a major offshore oil project.The South American nation has…

Snam Eyeing Stake in Greek Offshore LNG Terminal

Sep 09, 2020

Greek gas grid DESFA, 66%-owned by a consortium led by Italy's Snam, is interested in buying a stake in an offshore liquefied natural gas (LNG) terminal in northern Greece, people familiar with the matter said on Tuesday.DESFA is considering…

Talos Says Its Gulf of Mexico Acreage Unaffected by Trump's Order

Sep 09, 2020

Gulf of Mexico operator Talos Energy has clarified that its business will in no way be affected by President Trump's executive order extending moratorium on oil and gas operations in certain areas of the Gulf of Mexico and the Atlantic.The U…

Canada's Husky Energy to 'Review' West White Rose Offshore Project. "Difficult decision," CEO Says

Sep 09, 2020

Canadian oil and gas company Husky Energy said Wednesday it would put under 'a review' its West White Rose offshore oil project in Canada's Atlantic region, citing delays due to the suspension of all works on the project earlier this year due to the global pandemic…

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