Offshore Regions News - page 451

 

Japan's Cosmo Energy Signs New Offshore Oil Field Deal with QatarEnergy

Dec 27, 2022

Japan's Cosmo Energy Holdings Co Ltd said on Friday it has signed a new agreement with Qatar Energy to continue its operation in the Al-Karkara and A-Structures offshore oil fields, which came into effect after the expiry of the current contract this month…

Crane on Tyra II Process Module Now in Permanent Use

Dec 27, 2022

Norwegian Energy Company (Noreco) said Friday it had reached a milestone on the hook-up and commissioning campaign of Tyra II with the crane on the process module (the 'TEG') now in permanent use. 'The milestone was planned for early Q1 2023…

Pemex's Environmental Record Puts Funding in Jeopardy

Dec 27, 2022

Mexican state oil company Petroleos Mexicanos (Pemex) said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat. Investors…

CNOOC Launches Power from Shore Bohai Bay Project. Starts Production from Offshore Oil Field

Dec 27, 2022

Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project…

Shelf Drilling's Jack-up Booked for Drilling Campaign in Nigeria

Dec 27, 2022

Offshore drilling firm Shelf Drilling said Friday it had won a one-year drilling contract for one of its jack-up rigs.The contract is for the Trident VIII jack-up rig for operations offshore Nigeria. 'The rig will complete a short out-of-service…

Turkey's Black Sea Gas Find Now Amounts to 710 bcm - Erdogan

Dec 27, 2022

The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic meters (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday. Speaking after a cabinet meeting…

Egypt Launches Bid Round for Mediterranean, Nile Delta Offshore Exploration Blocks

Dec 27, 2022

Egypt has set a new international tender for oil and gas exploration rights in the Nile Delta and Mediterranean sea, the state news agency reported on Tuesday.The tender was set for 12 blocks, split evenly between onshore and offshore, and the…

PGS Secures Pre-Funding for Large Survey in Norwegian Sea

Dec 27, 2022

Norwegian offshore survey company PGS said Tuesday it had secured industry pre-funding for a large multiclient survey in the Norwegian Sea. PGS will use a Ramform Titan-class vessel over two seasons, with mobilization for the first season in Q2 2023…

Bibby WaveMaster 1 Helps TotalEnergies' Offshore Workers Get Home for Christmas

Dec 23, 2022

Bibby Marine's Bibby WaveMaster 1 (BWM1) set sail for Denmark this week, on a charter for Total Energies, to help get some of their personnel home in time for Christmas after weather conditions prevented helicopter transfer.BWM1, a walk-to-work…

Natural Gas Exports from Indonesia to Vietnam Targeted for 2026

Dec 23, 2022

Indonesia aims to export natural gas to Vietnam starting in 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country's energy minister said on Friday. Southeast Asia's biggest economy may deliver…

Solstad Offshore Secures $50,8M in Contracts for CSV Normand Maximus

Dec 23, 2022

Norwegian offshore vessel operator Solstad Offshore  said Friday it had  secured letters of awards from multiple unnamed subsea contractorsfor the hire of the construction support vessel Normand Maximus for the execution of projects during 2023…

Italy's LNG Import Capacity and New Terminals

Dec 23, 2022

Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…

'Good Year' for Offshore Exploration in Malaysia with 10 Discoveries Made

Dec 23, 2022

Malaysian oil and gas company Petronas together with its Petroleum Arrangement Contractors (PACs) recorded a total of 10 oil and gas discoveries in Malaysia in 2022, following the increase of exploration activities in the country. Eight oil and gas discoveries were made off the coast of Sarawak…

Vår Energi Makes Norway's 'Largest Discovery of 2022' in Barents Sea

Dec 23, 2022

Norway's Vår Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area. 'This is the largest discovery on the…

Samsung Heavy Industries Wins Offshore Facility Order Worth $1,5B

Dec 23, 2022

South Korean shipbuilder Samsung Heavy Industries said Thursday it had received an order for an offshore production facility from 'an Asian shipowner.' According to reports, the client is Petronas, and the order is for an FLNG unit.The contract amount is KRW 1…

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