Offshore Regions News - page 840

 

Offshore Wind Webinar: A Look Into the Emerging US Market

Mar 19, 2021

Join speakers from ABB, Lloyd’s Register, Equinor and World Energy Reports as we explore why 2021 is the year for offshore wind in the United States.WHEN: Thursday,  March 25, 2021, 11 a.m. EDT (US).REGISTER NOW!From eight turbines for 42MW of capacity at the end of 2020…

Medco Taps Uzma's MMSVS for Bualuang Field Work

Mar 19, 2021

Malaysia's Uzma has, via its Thai subsidiary MMSVS, won a contract with oil company Medco Energi to deliver Hydraulic Workover Unit services for the Bualuang field, off Thailand.Under the contract, MMSVS will provide Medco Energy with Hydraulic…

Siemens Energy to Deliver Topside Modules for MISC-built FPSO

Mar 19, 2021

Siemens Energy said Friday it had won a contract with Malaysian MISC to deliver eight complete topside modules for an FPSO MISC is building for deployment in South America.According to Siemens Energy, its topside modules 'will provide sustainable…

Equinor Sees Drop in Emissions in 2020

Mar 19, 2021

Norwegian oil and gas company Equinor, which is working to become a broader energy company, with increasing investments in renewable energy, said Friday its greenhouse emissions in 2020 had dropped compared to 2019.'In 2020, Equinor’s (scope 1 & 2) greenhouse gas emissions were 1…

Report: EU Stops Sanctions on Turkey Oil Execs

Mar 19, 2021

The European Union has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit…

U.S. Tells Firms Building Nord Stream 2 Pipeline to 'Immediately' Stop Work or Risk Sanctions

Mar 19, 2021

The U.S. State Department is tracking efforts to complete Russia's Nord Stream 2 natural gas pipeline and evaluating information on entities that appear to be involved, U.S. Secretary of State Antony Blinken said on Thursday.'Any entity involved in the Nord Stream 2 pipeline risks U…

Johan Sverdrup Oil Field: Lundin Expects Further Output Capacity Growth

Mar 19, 2021

Sweden's Lundin Energy, a partner in Norway's giant Johan Sverdrup oilfield, said on Thursday it expected the field's production capacity and its reserve estimates to grow in the future.Production capacity from 2.2 billion to 3.2 billion barrels of oil equivalent (boe) field…

Vaalco's CFO to Retire

Mar 19, 2021

Africa-focused oil and gas firm Vaalco Energy said Friday its Chief Financial Officer Elizabeth Prochnow has elected to retire effective March 31, 2021.  Vaalco said that Prochnow's departure was not related to any issues regarding strategy…

Norway's Feb Oil Production Slightly Above Forecast

Mar 19, 2021

Norway's oil production slightly exceeded official expectations in February, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output slipped 0.6% from January to 1.793 million barrels per day (bpd) in February…

Brazil: Equinor, Partners Approve Development Concept for BM-C-33 Offshore Field

Mar 19, 2021

Norwegian oil firm Equinor, has, with its partners Repsol Sinopec and Petrobras, approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt, offshore Brazil.The discovery at the BM-C-33 license…

Eni Moves to Settle Congo Republic Oil Permit Probe

Mar 18, 2021

Italian energy group Eni has filed a request with Milan prosecutors to pay 11.8 million euros ($14 million) to settle an investigation into oil permits in Congo Republic, two sources familiar with the matter told Reuters on Thursday.The sources…

Tullow Shareholders Approve Sale of E. Guinea Assets to Panoro

Mar 18, 2021

Tullow Oil shareholders on Thursday approved the sale of the company's assets in Equatorial Guinea to Oslo-listed Panoro Energy.As announced in February, Tullow agreed, subject to certain conditions, to sell its subsidiaries with assets in Equatorial…

Ashtead Technology, OAP Win Offshore Work with Total in Angola

Mar 18, 2021

UK-based subsea technology and services specialist Ashtead Technology said Thursday it had entered into a cooperation agreement with Angola-based inspection and asset integrity company, OAP, and revealed that the partnership had already completed a mooring inspection gig for Total in Angola…

Brazil's OceanPact to Charter and, Eventually, Buy Two DDW Offshore AHTS Vessels

Mar 18, 2021

Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has entered into bareboat charter and future sale agreements for two of its AHTS vessels with the Brazilian subsea services company OceanPact.Under the charter, DDW Offshore - formerly known as DOF Deepwater…

INEOS E&P to Buy Hess Denmark for $150 Million

Mar 18, 2021

INEOS E&P, a part of INEOS Energy, said Thursday it had entered into an agreement to acquire the U.S. oil firm Hess' subsidiary Hess Denmark for a total consideration of $150 million. Hess said it would use the cash on its operations in Guyana…

Current News

China Plans to Increase Wind, Solar Generation by 50% in Five Years

China Plans to Increase Wind,

Saipem Marks Neptun Deep Offshore Installation Milestone in Black Sea

Saipem Marks Neptun Deep Offsh

Petrogas Picks Worley for Abeona CCS Project in Dutch North Sea

Petrogas Picks Worley for Abeo

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

QatarEnergy Prolongs LNG Force

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