Offshore Regions News - page 410

 

Indonesia's Expanded Tangguh LNG Facility Begins Full Commercial Operations

Oct 19, 2023

BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia…

Dolphin Drilling Wins Letter of Award for Offshore Drilling Project in India

Oct 19, 2023

Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.This follows Dolphin Drilling's mid-September announcement…

Oil Rush in Namibia's Orange Basin: Galp Prepares for Massive 10 Billion Barrel Oil Hunt as Rig Approaches

Oct 19, 2023

Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell.In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules…

Middle East Conflict Threatens Regional Gas Market, Could Affect Europe's LNG Supplies - Rystad

Oct 19, 2023

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…

Equinor CEO Sees EU Gas Market in 'Better place' Than Last Year

Oct 19, 2023

Equinor's CEO said on Wednesday the European gas market will remain volatile this winter, and will face a lot of variables, but is in a stronger position than last year.Global gas prices leapt to all-time highs last year after Russia cut its gas supply to Europe…

Australian Energy Regulator Accuses Santos of Record-keeping Violations

Oct 19, 2023

Australia's energy regulator initiated on Thursday a lawsuit against Santos Ltd saying the oil and gas producer breached auction record-keeping rules between March 2019 and June 2021.The Australian Energy Regulator (AER) started the proceedings…

Converted OSV Enters Service in the UK as an Underwater Surveillance Ship

Oct 18, 2023

A converted offshore support vessel has taken on a new life as a dedicated underwater surveillance ship for the U.K.'s Royal Navy.Christened during a ceremony in London on October 10, RFA Proteus will be operated by the Royal Fleet Auxiliary…

Norwegian Navy Shadows Chinese Vessel Probed over Baltic Pipeline Damage

Oct 18, 2023

A Norwegian Navy ship shadowed a Chinese container ship investigated over damage to a gas pipeline in the Gulf of Finland for about 15 hours as it sailed along the western coast of Norway on Monday, vessel tracking data showed.Finnish investigators…

Shell's Australian FLNG Facility Poised for Mid-November Restart

Oct 18, 2023

Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project told Reuters on Wednesday.The British energy giant started maintenance work at the 3…

Australia's Woodside Misses Q3 Revenue Estimate, Narrows Full-year Output Forecast

Oct 18, 2023

Australia's Woodside Energy on Wednesday narrowed its annual production forecast range and capital expenditure outlook after posting a lower-than-expected quarterly revenue.The country's top independent oil and gas explorer now expects to produce…

Eirin Development: Equinor Selects Moreld Apply for Gina Krog Topside Upgrades

Oct 18, 2023

Norwegian engineering firm Moreld Apply has won a topside tie-in contract with the Norwegian oil firm Equinor in relation to its Eirin offshore field development.Two new wells from the Eirin field will be tied back to the Gina Krog platform through a flexible flowline…

Brent Hits $93 as Middle East Strife Heightens Supply Concerns

Oct 18, 2023

Global oil benchmark Brent hit $93 a barrel on Wednesday as the risk of escalating conflict in the Middle East threatened to disrupt oil supplies from the region, with Iran calling for an oil embargo to be imposed on Israel.Brent crude futures was up $2…

Shell's Court Battle Over S.Africa Offshore Exploration Delayed -Lawyer

Oct 18, 2023

A court case over whether to allow Shell to explore for oil and gas off South Africa's pristine Wild Coast has been delayed until next year, a lawyer for environmentalists said on Wednesday.Shell wants to overturn a decision by the Makanda High…

Dutch Firm to Design 2GW North Sea Offshore Wind Platform

Oct 18, 2023

Dutch offshore engineering company Iv-Offshore & Energy has signed a contract with Singapore-based construction firm Seatrium (ex-Sembcorp Marine) for the design of the 2GW IJmuiden Ver Beta platform, to be deployed in the North Sea, offshore the Netherlands…

Netherlands' First Major CO2 Transport & Storage System Set for 2026 Launch

Oct 18, 2023

The final investment decision has been reached for Porthos, a major carbon transportation and storage project in the Netherlands.Porthos is a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority. Porthos will provide transport…

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