Offshore Regions News - page 448

 

TotalEnergies Confirms Suriname Offshore Oil Deal

May 15, 2023

French oil major TotalEnergies said Monday it had, with its partners, signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname.Blocks 6 and 8 were awarded…

Record Orders, Strong Sales Drive Strong Q2 for Siemens Energy

May 15, 2023

Siemens Energy, which supplies equipment and services to the power sector, posted forecast-beating second-quarter sales and lifted its revenue outlook, as strong demand pushed the firm's order book past the 100 billion euro ($110 billion) mark…

Noble Secures $500M Deal with Petrobras for Ultra-Deepwater Drillship

May 15, 2023

Offshore drilling contractor Noble Corporation has secured a $500 million contract with Brazil's Petrobras for the ultra-deepwater drillship Noble Faye Kozack.The contract for the drilling at the BM-S-11 and Tupi fields offshore Brazil, has a firm duration of 2…

Japan Picks Five Promising Zones for Offshore Wind Farms

May 12, 2023

The Japanese government said on Friday it had chosen five sites off the coast of Hokkaido as 'promising zones' for developing offshore wind farms, marking the second stage in a three-part selection process. The move comes as Japan looks to accelerate…

Shell Awards Noble Voyager Drillship Contract for Deepwater Exploration in Mauritania

May 12, 2023

Offshore drilling firm Noble has secured a contract with Shell for the 7th generation drillship Noble Voyager.Under the contract with Shell, the Noble Voyager drillship will drill one deepwater exploration well offshore Mauritania. The contract…

Prysmian Still Prudent on Full-year Forecast after Q1 Core Earnings Beat

May 12, 2023

Prysmian, the world's largest cablemaker, said on Thursday its core earnings jumped 48% in the first quarter, beating estimates, as it continued to profit from global trends in energy transition and electrification.However, despite strong quarterly results…

PGS Signs Seismic Acquisition Deal for Carbon Storage Project in Norway

May 11, 2023

Norwegian offshore seismic survey firm PGS has entered into a seismic acquisition contract for carbon storage offshore Norway with an independent energy company. The project, with an unnamed client, is scheduled to start in September and has a duration of approximately one month…

Recent News a ‘Mixed Bag’ for US Offshore Wind

May 11, 2023

The month of May brings a mixed bag of news for offshore wind in the United States, as outlined in the latest U.S. Offshore Wind Report from business intelligence firm Intelatus Global Partners.In the 'positive' category, Intelatus said federal permitting of projects continues on schedule…

Gulf of Thailand: Uzma Clinches 3-Year Coil Tubing Contract with Valeura Energy

May 11, 2023

Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc.The three-year contract is for the provision of coil tubing equipment and services in the Gulf of Thailand…

PGS Expands Norwegian Sea Seismic Survey

May 11, 2023

Norwegian offshore seismic survey firm PGS said Thursday that its seismic vessel Ramform Atlas had started acquiring data on the 2023 Norwegian Sea GeoStreamer X survey. This project is a continuation of a multi-season campaign.'Over the summer season…

Crown Energy Withdraws from South African Offshore Venture Following Disappointing Well Results

May 11, 2023

Crown Energy said Thursday it would withdraw from the joint venture operating the Block 2B offshore South Africa after disappointing results of the Gazania-1 exploration well drilled in 2022.The Gazania-1 well was spudded in October 2022, using the Island Innovator semi-submersible drilling…

Win Up to $1 Million: ADNOC Launches Global Competition to "Reshape Energy Landscape"

May 11, 2023

Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…

TechnipFMC Wins Major Contract for SURF System Offshore Brazil

May 11, 2023

Oilfield services firm TechnipFMC has won a contract to supply subsea umbilicals, risers, and flowlines (SURF) for the recently sanctioned $9 billion BM-C-33 offshore development in Brazil.The contract was awarded by Equinor, the operator of the offshore block…

Taiwan's Offshore Wind Industry Braves Cross-strait Risks in Clean Energy Boom

May 11, 2023

In the port city of Taichung on Taiwan's west coast, a crane hoists into place the end section of a white wind turbine tower that stands almost a hundred meters tall.The turbine will be one of 111 spinning at a multi-billion dollar offshore wind…

Ecopetrol to Boost Exploration, Warns of Production Hit

May 11, 2023

Colombia's majority state-owned energy company Ecopetrol will be more aggressive in exploring for oil under existing contracts, Chief Executive Ricardo Roa said on Wednesday, as the company warned external factors including weather and security issues could hit production…

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