Offshore Regions News - page 485

 

N-Sea to Install Subsea Power Cable between Riffgat Offshore Wind Farm and N05-A Offshore Platform

Apr 13, 2023

The Dutch oil and gas company ONE-Dyas has awarded subsea services firm N-Sea a contract to install a subsea power cable between the Riffgat offshore wind farm and the new to be built N05-A gas production platform in the Dutch North Sea.N-Sea's scope comprises of survey…

TGS, DUG Start 2nd Phase of Peninsular Malaysia 3D Reprocessing Project

Apr 13, 2023

Norway-based offshore seismic data firm TGS on Thursday announced the start-up of the 20,347 square kilometers Peninsular Malaysia Stage 2 Regional 3D reprocessing. This second phase of the Peninsular Malaysia reprocessing project is part of…

Fugro's Pegasus Becomes First Registered Over-The-Horizon USV in UAE

Apr 13, 2023

Fugro's Blue Essence-series uncrewed surface vessel (USV), the Fugro Pegasus, has received full navigation licensing from the UAE Ministry of Energy and Infrastructure, the Dutch offshore survey firm said Thursday.This is the first registration of an over-the-horizon USV in the country…

Chevron CEO Pay Rose to $23.6 million in 2022, Employee Compensation Fell

Apr 13, 2023

Chevron Corp CEO Michael Wirth was paid $23.6 million in 2022, a 4% increase from the prior year while the median annual compensation for the oil giant's employees fell 12%, a securities filing showed on Wednesday. In addition to sky-high energy prices…

Norway Parliament to Discuss Proposals to Stop Electrification of Major LNG Plant

Apr 13, 2023

Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country. Oil…

Havfram Wind Wins Work at German 1.6GW Offshore Wind Cluster

Apr 13, 2023

RWE and Northland Power have selected offshore installation firm Havfram Wind as the preferred supplier for their German North Sea offshore wind cluster of up to 1.6 gigawatts (GW). The cluster will consist of four wind farms.Havfram Wind will…

VIDEO: Well-Safe Solutions Sends Semi-submersible Rig for 14-well P&A Campaign in UK North Sea

Apr 12, 2023

UK-based offshore well decommissioning firm Well-Safe Solutions has deployed its Well-Safe Defender semi-submersible plugging & abandonment unit for work in the North Sea for Spirit Energy.This is the first contract for the Well-Safe Defender semi-submersible rig…

ConocoPhillips Raises Emission Reduction Targets, Expects $10B in Annual Spending

Apr 12, 2023

U.S. oil producer ConocoPhillips on Wednesday unveiled a 10-year plan that raised its targets for greenhouse gas reductions and put its annual capital expenditure at about $10 billion on average, ahead of an investor meeting.Houston-based ConocoPhillips…

Drill the Well on Simulator: Petronas Turns to Digital Twin Tech to Train Drilling Crew

Apr 12, 2023

Malaysian national oil firm Petronas has awarded a contract to 3t Energy Group's Drilling Systems to provide its ‘Drill the Well on Simulator’ (DWOS) solution to support Petronas' training and development program over a three-year period.'The…

China's Sinopec Becomes First Asian Shareholder in Qatar's NFE Project

Apr 12, 2023

Qatar's state-owned energy firm QatarEnergy has signed a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, dubbed the largest project in the history of the LNG industry…

Rocsole Names New CEO

Apr 12, 2023

Rocsole, a Finland-based developer of offshore pipeline inspection technology, has appointed Pekka Kaunisto as the new CEO of Rocsole. Kaunisto, who joined Rocsole in early 2019 as Vice President of Sales, will succeed Mika Tienhaara, who served as CEO since early 2020…

Cordiant Supports ROVOP's Offshore Service Expansion with $25M Credit Facility

Apr 12, 2023

UK-based remotely operated vehicle (ROV) solutions provider, ROVOP, said Thursday it had agreed a $25 million senior secured credit facility with Cordiant Capital (Cordiant), the specialist global infrastructure & real assets manager.Backed by Bluewater…

Petroecuador Names Ramon Correa as New General Manager

Apr 12, 2023

The board of directors of Ecuador's state-owned oil company Petroecuador on Tuesday named Ramon Correa, an engineer, as general manager following recent management changes in the wake of a corruption investigation.Correa replaces Maria Elisa Soledispa…

Colombia's Ecopetrol Appoints Ricardo Roa as New CEO

Apr 12, 2023

Colombia's majority state-owned energy company Ecopetrol has appointed Ricardo Roa as its new chief executive, the company said in a statement late on Tuesday, adding he will assume the role from April 30 at the latest. Roa's appointment follows…

IberBlue Wind to Invest $4.36 bln in Portugal-Spain Floating Wind Farms

Apr 12, 2023

Irish-Spanish consortium IberBlue Wind plans to invest more than 4 billion euros ($4.36 billion) in two [floating] wind farms off the Atlantic coasts of Portugal and Spain, it said on Tuesday.IberBlue said in a statement it aimed to create a combined installed capacity of 1…

Current News

Eni, NOC Bolster Libya’s Gas Production with Sabratha Project Start-Up

Eni, NOC Bolster Libya’s Gas P

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

SBM Offshore, SWS Sign Deal fo

Norwegian Oil Service Lockout Hits Offshore Drilling Activity

Norwegian Oil Service Lockout

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Hormuz Reopening Risks Turning

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine