Offshore Regions News - page 349

 

EXPLAINER-What Can Australia's Labour Tribunal Do in Chevron's Dispute with LNG Workers?

Sep 13, 2023

Chevron has asked Australia's Fair Work Commission (FWC) to intervene in its dispute with workers on strike at two major liquefied natural gas facilities, banking on new laws that came into effect in June and which empower the industrial arbitrator…

BP Sticking with Energy Transition Strategy, says Interim CEO

Sep 13, 2023

BP's interim CEO Murray Auchincloss said on Wednesday the company won't be derailed from its energy transition strategy by former leader Bernard Looney's abrupt resignation amid misconduct allegations.BP scaled back its energy transition strategy…

BP's Murlach North Sea Development Gets Nod from UK Authorities

Sep 13, 2023

The UK government has approved BP's proposed development of the Murlach oil and gas field in the UK North Sea.The Murlach Field Development will be a redevelopment of the Murlach Field (part of Marnock-Skua), located in the Central North Sea…

EU's Von der Leyen Pledges More Support for Wind Industry

Sep 13, 2023

The European Union will put forward a package of measures to support Europe's wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday…

Longboat Energy Expands Stake in Block 2A Offshore Sarawak with Topaz Acquisition

Sep 13, 2023

Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia ('Block 2A') to 52…

BW Energy Boosts Gabon Production as Fourth Hibiscus Well Comes Online

Sep 13, 2023

Oil and gas company BW Energy has brought online the fourth well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. 'Well performance is in line with expectations with current production at approximately 6,500 barrels per day…

Bumi Armada, Pertamina to Build LNG Floater for Offshore Gas Project in Indonesia

Sep 13, 2023

Malaysia's Bumi Armada on Wednesday said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of liquefied natural gas (LNG)…

Tullow Oil Reduces Upper End of 2023 Output Outlook

Sep 13, 2023

West Africa-focused Tullow Oil on Wednesday reduced the upper end of its production outlook for this year to 58,000-60,000 barrels per day (bpd) from 58,000-64,000 bpd.The reduction was because of lower than expected production from its Jubilee…

APPEA Becomes Australian Energy Producers

Sep 13, 2023

Australian Energy Producers has been unveiled as the new name of the peak body of the nation’s explorers and producers of essential energy.Previously known as the Australian Petroleum Production & Exploration Association (APPEA), the change…

Edda Wind Hosts Naming Ceremony for New CSOV Edda Nordri

Sep 12, 2023

Edda Wind held a naming ceremony for its new commissioning service operation vessel (CSOV) Edda Nordri.The 88.3-meter-long vessel is the third in a series of three purpose-built CSOVs built by Spain's Gondan Shipbuilders for Norway-based Edda Wind…

US Oil Output to Rise More than Expected in 2023

Sep 12, 2023

U.S. crude oil production is forecast to rise more than previously thought in 2023, while global oil inventories are expected to fall after Saudi Arabia extended output cuts this month, the Energy Information Administration said on Tuesday.U…

Mounting Evidence Shows Seismic Surveys Can Harm Marine Life

Sep 12, 2023

Woodside Energy last week announced it would start seismic testing for its Scarborough gas project off Australia’s west coast, before reversing the decision in the face of a legal challenge from Traditional Owners.Seismic testing is highly controversial in marine environments…

North Africa Will be Italy's Key Gas Supplier for Years, Eni Top Exec Says

Sep 12, 2023

Algeria, Egypt, and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects…

Troll A Platform Maintenance Works Taking Longer than Planned, Equinor says

Sep 12, 2023

A planned maintenance outage at Norway's Troll field, Western Europe's largest, has been extended as scheduled work is taken longer than expected, operator Equinor said on Tuesday.'The reason for the extended maintenance period at Troll A is that modification projects have taken longer than planned…

Russia's Sakhalin Energy Resumes Operations in Full After Maintenance

Sep 12, 2023

Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance, Interfax news agency reported on Tuesday, quoting Gazprom's Deputy CEO Vitaly Markelov.The company has said it planned maintenance in July without providing a timeframe…

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