Offshore Energy News - page 175

 

PPL, Elia Pen MoU for New England Offshore Wind Grid Integration

Oct 24, 2022

PPL Corporation and Elia Group, through its subsidiary WindGrid, on Monday announced a deal to develop and propose innovative transmission solutions to reliably and efficiently integrate future offshore wind capacity to the onshore grid in New England…

Boskalis Buys Construction Support Vessel North Ocean

Oct 24, 2022

Dutch marine services firm Boskalis said Monday it had acquired the construction support vessel North Ocean, the sister vessel of Southern Ocean, which Boskalis added to its fleet in 2021.The North Ocean is a DP-2 vessel with an overall length of 132 meters…

One Month Extension for Yinson's Adoon FPSO in Nigeria

Oct 24, 2022

Malaysian FPSO leasing firm Yinson has secured a one-month contract extension for its Adoon FPSO with Addax Petroleum in Nigeria.The deal between Sinopec's Addax and Yinson's Adoon Pte. Ltd. extends the FPSO's tenure to November 16, 2022.  The extension is worth $3…

Oil and Gas Trade Should be Depoliticized, Qatar Energy Chief Says

Oct 24, 2022

Saad al-Kaabi, the head of Qatar's state-run energy company, said on Monday all oil and gas trade should be depoliticized, calling for policies to move away from sanctions and anti-free market agreements.The comments by Kaabi, who is also Qatar's minister of state for energy…

Panoro Energy Earns $59,2M from October Crude Lifting in Gabon

Oct 24, 2022

Oil and gas company Panoro Energy said Monday it had completed its scheduled October lifting of 647,111 barrels in Gabon at a realized price of USD 91.54 per barrel.After customary price adjustment and associated fees, this resulted in proceeds to the company of approximately $59…

Baron Oil Says Its Timor Leste Offshore Block Could Hold More Gas Than Initially Thought. Targets First Gas in 2028

Oct 24, 2022

The AIM-quoted oil and gas exploration and appraisal company Baron Oil said Monday that its Chuditch Production Sharing Contract, offshore Timor-Leste could hold much more gas than previously estimated.According to the company,  per the preliminary…

DNV Partners with Energy Companies in Three Energy Transition Safety JIPs

Oct 24, 2022

DNV, the independent expert in assurance and risk management, has partnered up working with energy companies in three energy transition safety joint industry projects.'The energy transition depends on several technologies with potential hazardous characteristics…

Galp's Adjusted 3Q Income Up on Higher Oil prices, Better Margins

Oct 24, 2022

Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling of its refining margin. Oil and gas companies around the world received a boost…

Equinor to Issue Complementary Assessment for Wisting Oil Field Project

Oct 24, 2022

The Norwegian energy giant Equinor said Monday it would issue a complementary assessment for the Wisting oil field development in the Barents Sea for public consultation.'The complementary assessment elaborates some key subjects from the impact assessment…

Israeli Court Gives Green Light to Lebanon Maritime Deal

Oct 24, 2022

Israel's Supreme Court on Sunday rejected petitions that would have held up a landmark U.S.-brokered deal setting a maritime border with Lebanon, which Washington predicted could be finalized on Thursday. Four groups, including an Israeli opposition lawmaker…

AG&P Converts LNG Carrier intu FSU for LNG Import Terminal in the Philippines

Oct 24, 2022

Atlantic, Gulf & Pacific International Holdings (AG&P) said Sunday that it had converted the 137,512 cubic meter LNG carrier called ISH into a Floating Storage  Unit (FSU), which will be a part of an LNG import terminal in the Philippines from 2023…

World's Largest Oilfield Services Firm Rebrands for a Lower-carbon Future

Oct 24, 2022

Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. The nearly 100-year-old firm, originally named after its founding family…

PGS Bags 3D Seismic Survey Work in Namibia

Oct 24, 2022

The Norwegian offshore seismic survey services company PGS has been awarded a 3D exploration acquisition contract.PGS said that the contract was in Namibia, with 'a major energy company.'The company said it would use the Ramform Titan vessel for the survey…

QatarEnergy Names Shell Partner in North Field South Expansion Project

Oct 24, 2022

QatarEnergy's chief executive on Sunday named Shell a partner in the Gulf Arab state's North Field South expansion, part of the world's largest liquefied natural gas (LNG) project. Shell will have a 9.3% share of the project, and QatarEnergy will keep 75%…

Coastline Gets OK to Proceed with Offshore Exploration Program in Somalia

Oct 21, 2022

U.S.-based company Coastline Exploration, an upstream oil and gas company focused on East Africa, said Friday it had received final authorization to proceed with its offshore exploration program in Somalia.Coastline, in February said it had…

Current News

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

UK Firm Seeks Suppliers to Bui

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Brava Energia Inks $65M Deal w

Record Offshore Wind Auction Required for UK to Meet Targets

Record Offshore Wind Auction R

First French Floating Wind Farm Fully Commissioned

First French Floating Wind Far

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine