Offshore Regions News - page 353

 

Boskalis Wins 'Large' Contracts for Baltica 2 Offshore Wind Farm

Sep 05, 2023

Dutch offshore installation services firm Boskalis has secured two contracts for the transportation and installation of the export and array cables for the Baltica 2 offshore wind farm off the coast of Poland. The two contracts have a combined value which is considered to be 'large…

Former Lundin Energy Head Takes the Helm as CEO of Vår Energi

Sep 05, 2023

Norwegian oil and gas company Vår Energi has appointed Nick Walker as its Chief Executive Officer (CEO), with its former CEO, Torger Rød, assuming the new role as Chief Operating Officer (COO) with a focus on 'continuous improvement, integration…

Chevron Faces Two-week Total Strike at Australia LNG Projects

Sep 05, 2023

Workers at Chevron's Gorgon and Wheatstone liquefied natural gas (LNG) projects in Australia plan a total strike for two weeks from Sept. 14, a union alliance said on Tuesday, a significant escalation on disputes over pay and conditions.The…

Aker BP Celebrates Steel Cutting for Yggdrasil and Valhall PWP-Fenris Developments

Sep 04, 2023

Norwegian oil and gas firm Aker BP on Monday celebrated the first official steel cut for its two major developments, Yggdrasil and Valhall PWP-Fenris on the Norwegian shelf. The event at Stord marks the start of three years of high activity…

New Leadership, New Direction: Petrobras Puts Brakes on Some Asset Sales

Sep 04, 2023

Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes that were launched during the country's previous administration. The oil giant said…

Aibel Renews Contract with Coor for Facility Management Services

Sep 04, 2023

Facility management services firm Coor has won a contract extension with Norway's Aibel, a service company specializing in oil, gas and renewable energy. Since 2014 Coor has developed and delivered integrated facility management services to five of Aibel’s facilities in Norway…

Prysmian's Leonardo da Vinci Vessel Begins Laying Cable for RWE's Sofia Offshore Wind Farm

Sep 04, 2023

Offshore construction has officially started at RWE’s 1.4 gigawatts (GW) Sofia Offshore Wind Farm to install essential subsea cable infrastructure from the UK’s northeast coast to the wind farm site on Dogger Bank, in the central North Sea.Cable…

How Serious a Problem is the Cost Issue in U.S. Offshore Wind?

Sep 04, 2023

Much has been written recently about the challenges facing U.S. offshore wind projects, resulting in requests to terminate or renegotiate contracts to sell power to states. Examples of these challenges can be found from Massachusetts to Virginia…

US Backs Chevron in Dispute with Cyprus over Giant Offshore Gas Field

Sep 04, 2023

Washington has weighed into a dispute between Cyprus and international companies led by Chevron over how to develop a giant offshore gas field, backing the U.S. company's plan to link it to neighboring Egypt, two industry sources and a U.S. source said on Friday…

Offshore Alliance, Legeneering Agree on Decommissioning Rates for Workers

Sep 04, 2023

The Offshore Alliance and Australia's Legeneering reached an agreement on the decommissioning rates for the Thevenard offshore decommissioning workscopes, the union alliance said on Friday. Under the agreement, Legeneering will see members lock…

Wood, Harbour Energy In $330 Million North Sea Services Agreement

Sep 04, 2023

Wood Group, a consulting and engineering company, and Harbour Energy, the UK's largest oil and gas producer, have entered into a new strategic partnership for UK North Sea operations.The companies have agreed a new master services agreement…

Wintershall Dea Installs New Subsea Template at Maria Field Offshore Norway

Sep 01, 2023

Oil and gas company Wintershall Dea and its partners Petoro and Sval Energi have installed an additional subsea template on the seabed at Haltenbanken on the west coast of Norway, as part of the second phase of the Wintershall Dea-operated Maria field development…

Vår Energi Ramping Up Exploration in the Barents Sea

Sep 01, 2023

Vår Energi has secured the COSLProspector drilling rig for a two-year drilling program in the Barents region offshore Norway, which the company sees as an important strategic priority area.Signed in cooperation with Equinor, the rig contract…

Europe's Gabon-exposed Stocks Slide after Military Coup

Sep 01, 2023

Shares in European oil producers, miners and other companies with large exposures to Gabon plummeted on Wednesday after a military coup raised concerns over their operations in the resource-rich African country.London-listed oil producer Tullow Oil fell as much as 12% in afternoon trading…

Caspian Sea Gas Project Absheron Officially Inaugurated

Sep 01, 2023

An official inauguration ceremony was held this week for the Absheron gas field, located in the Caspian Sea, offshore Azerbaijan.To remind, the first development phase of the field, owned by TotalEnergies and Socar and, as of recently, ADNOC…

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