Latest News - page 1179

 

Seadrill's Subsidiary Asia Offshore Drilling Files for Chapter 11

Feb 08, 2021

Offshore driller Seadrill said Sunday that Chapter 11 bankruptcy protection cases have been filed in the Southern District of Texas in respect of Seadrill's subsidiaries Seadrill GCC Operations Ltd, Asia Offshore Drilling Limited, Asia Offshore Rig 1 Limited…

Providence Resources Refutes Reports on Merger Talks

Feb 08, 2021

Irish-based oil and gas firm Providence resources on Monday refuted Irish media reports that the company was in merger talks.Business Post on Sunday reported that the company had been approached by the Norwegian firm SpotOn Energy, which last…

Petronas Assisting Workers Stranded on Offshore Rig in Myanmar after Coup

Feb 08, 2021

Following reports that workers aboard Petronas' Yetagun oil platform off Myanmar were stranded due to a military coup in the country, the Malaysian oil firm said it was working to ensure the safety of those aboard.'Petronas is extending the…

VIDEO: BP's Argos Platform Sails Away from S. Korea

Feb 08, 2021

Oil major BP has informed that its Argos oil platform, built by Samsung Heavy Industry, has set sail from South Korea and is en route to Texas.The platform, which will be capable of producing up to 140,000 gross barrels of crude oil per day from up to 14 production wells…

Report: Shell, Eneco Offshore Wind Farm to Power Amazon's Facilities in Europe

Feb 08, 2021

Royal Dutch Shell and renewables firm Eneco, owned by Japan's Mitsubishi Corp, will provide Amazon.com Inc's European facilities with electricity from an offshore wind farm, they said on Monday.Retail giant Amazon, which faces pressure from environmental activists over its carbon footprint…

Petronas Launches Tender for 16 Offshore Support Vessels

Feb 08, 2021

Malaysia's state energy firm Petronas recently launched a tender for the construction of 16 offshore support vessels (OSV), The Edge Weekly reported on Saturday.The newspaper reported, citing sources, that the invitation to bid is for the first…

USA: BOEM Names New Director

Feb 08, 2021

The U.S. offshore energy industry regulator Bureau of Ocean Energy Management (BOEM) on Friday announced Amanda Lefton would be its new Director.Lefton most recently served as First Assistant Secretary for Energy and the Environment for New York…

Total, GIG JV Secures 1.5 GW Offshore Wind Lease in UK

Feb 08, 2021

French oil major Total, in partnership with Macquarie’s Green Investment Group (GIG), has secured rights to a seabed lease for offshore wind development in the UK.The lease is located in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4…

South Korea's KNOC Hires Maersk Drilling's Drillship

Feb 08, 2021

South Korean national oil company KNOC has booked the Maersk Viking drillship to drill one exploration well in Block 6-1 offshore South Korea.Maersk Drilling, the owner of the offshore drilling rig, said Monday the would begin in June 2021, in direct continuation of the rig’s previous work scope…

The Bahamas: BPC Completes Drilling of Perseverance #1 with Non-Commercial Oil Discovery

Feb 08, 2021

Bahamas Petroleum Company (BPC) said Monday that its Perseverance #1 well offshore The Bahamas has encountered oil, however, not in commercial volumes.'The Perseverance #1 well in The Bahamas has encountered hydrocarbons, successfully validated the structural model and the petroleum system…

BP, EnBW Picked as Preferred Bidders for 3GW Offshore Wind Leases in Irish Sea

Feb 08, 2021

British oil major BP and its partner EnBW, an energy company from Germany, have been selected as preferred bidders for two 60-year advantaged leases in UK’s first offshore wind leasing round in a decade.The partners have been selected as preferred…

Pipe Laying for Nord Stream 2 Restarts in Danish Waters

Feb 07, 2021

The consortium behind the Russia-led Nord Stream 2 natural gas pipeline has resumed laying pipes in the waters of Denmark, it said on Saturday, despite mounting pressure on the project from Washington.Construction of the link, which would double…

A New Company Enters the Deep Offshore Wind Market

Feb 05, 2021

Norwegian maritime and offshore energy forces teamed up in January to create Deep Wind Offshore, a new name in offshore wind.Deep Wind Offshore, founded by the Norwegian shipping company Knutsen OAS and one of Norway’s larger utilities Haugaland Kraft/SKL (Sunnhordland Kraftlag)…

Ithaca Energy Resumes Output from North Sea Platform after Covid-related Halt

Feb 05, 2021

UK-focused oil firm Ithaca Energy has restarted production from its FPF-1 offshore platform in the North Sea, some two weeks after a Covid-related shutdown.To remind, Ithaca had shut down production after four four crew members from the offshore…

Nigeria Renegotiating Terms with Oil Majors to Keep Investments Flowing

Feb 05, 2021

Nigeria's state oil company is renegotiating commercial contract terms with major oil firms, its chief told Reuters, in a move that it hopes will keep investment flowing into a sector crucial for its economy at a time when spending is being slashed…

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