Offshore Energy News - page 201

 

BlueFloat Boosts Gippsland Wind Plan to 2GW

Sep 08, 2022

BlueFloat Energy and Energy Estate have said they will expand the proposed capacity of their Greater Gippsland Offshore Wind Project in Australia from 1.275 GW to 2.085 GW.The so-called Southern Winds bottom-fixed project is located in the Bass Strait…

Santos to Study More CCS Options

Sep 08, 2022

Australian oil and gas firm Santos has been awarded permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide in the offshore Carnarvon and Bonaparte basins, off the coast of Western Australia, the company announced today…

Oil Prices Rise on Specter of Europe Energy Rationing

Sep 08, 2022

Oil prices climbed on Thursday, paring some of their steep losses in the previous session, as the potential for an energy standoff between European nations and Russia overshadowed fears of recession and rising inflation.Brent crude futures LCoc1 rose by 25 cents or 0…

Pipeline Agreement for Chariot's Anchois

Sep 08, 2022

Africa-focused oil and gas company Chariot it has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with the Office National des Hydrocarbures et des…

Shell Extends Maersk Drillship Stay in Mexico

Sep 08, 2022

Shell has exercised an option to extend the provisioning of the 7th generation drillship Maersk Voyager for drilling services offshore Mexico. The contract extension is expected to commence in April 2023, in direct continuation of the rig’s current contract…

UK Oil and Gas Producers Call for More Investment to Ease Energy Crunch

Sep 07, 2022

Britain’s oil and gas industry body called for new drilling licenses in the North Sea and rapid investment in the sector to mitigate the impact of high prices on consumers as the country grapples with the worst energy crisis in decades.The incoming…

New UK PM Truss Wants More North Sea Production

Sep 07, 2022

Britain's new prime minister, Liz Truss, said on Wednesday she wanted to see more extraction of oil and gas from the North Sea and more investment in nuclear power.Speaking at her first prime minister's question time in parliament, Truss said…

EnQuest Calls on UK Government to Incentivize Investment in North Sea Oil

Sep 06, 2022

EnQuest urged Britain under new premier Liz Truss to offer investment incentives to North Sea oil and gas companies in order to help the country secure its domestic energy supplies.Amjad Bseisu, CEO of the North Sea-focused oil producer, said…

TotalEnergies Seeking Production License for S.Africa Block

Sep 06, 2022

TotalEnergies has lodged its production license application for Block 11B/12B offshore South Africa, the national petroleum regulator said on Tuesday, before a deadline expired which might have seen the oil major forfeit its right to develop the huge discovery…

Gazprom: Off-line Nord Stream Compressor Station Now Deemed Hazardous

Sep 05, 2022

Russian gas giant Gazprom said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed to push gas towards Germany through the Nord Steam 1 pipeline, no longer complied with safety requirements…

U.S. EPA Revokes Permit for Phillips-Trafigura Bluewater Offshore Terminal

Sep 05, 2022

The U.S. Environmental Protection Agency has revoked the pollution control permit of Bluewater Texas Terminal, according to a letter sent by the EPA to the offshore oil terminal, following objections from environmental groups.The terminal, jointly…

Guyana Boosts Oil Profit Outlook for 2022 by 30%

Sep 05, 2022

Guyana could bank about $1.25 billion this year from the sale of oil as its share of offshore production and royalties, up 30% from a prior estimate, the government's finance ministry said over the weekend. Historically one of South America's poorest nations…

Shell, Petronas Develop Rosmari-Marjoram Gas Fields in Malaysia Using Solar-powered Offshore Platform

Sep 05, 2022

International oil major Shell has, together with Malaysia's Petronas, reached a final investment decision (FID) to develop the Rosmari-Marjoram deepwater sour gas fields, discovered in 2014, offshore Bintulu, Sarawak, Malaysia.Shell,which is the operator of the project with an 80 percent stake…

S. Korea Shipyards Set to Halt Operations as Typhoon Hinnamnor Approaches

Sep 05, 2022

South Korea issued weather advisories and raised its typhoon alert level on Monday as typhoon Hinnamnor neared, with heavy rain and strong wind already lashing southern parts of the country.The typhoon, travelling northward at a speed of 19 km per hour (12 mph)…

Scientists Detect Second 'Vast' Methane Leak at Pemex Offshore Oil Field in Mexico

Sep 05, 2022

Satellites recorded another large methane leak at an offshore platform belonging to Mexico's Pemex in August, according to exclusive data shared with Reuters, even as pressure mounts on the state oil company to reduce these emissions. Three…

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NKT Expands Swedish Cable Acce

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