Latest News - page 1157

 

Chevron, Hokkaido Gas Ink LNG Supply Deal

Apr 07, 2021

U.S. oil and gas major Chevron has signed a deal with Japan's Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan's Hokkaido area.Under the agreement, Chevron will supply Hokkaido…

EU Official Urges Turkey to Resolve issues with Greece, Cyprus over Offshore Gas Rights

Apr 07, 2021

European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan…

Dive Technologies, Metron Partner Up

Apr 07, 2021

Boston-based subsea robotics firm Dive Technologies has entered a commercial partnership with Metron, Inc. 'This partnership will directly support the commercialization of Metron’s Autonomy, Navigation, Command & Control (ANCC) software suite…

Shell Books Maersk Drillship for Four Wells Offshore Malaysia

Apr 07, 2021

Offshore drilling company Maersk Drilling has won a contract with Shell Malaysia for drillship Maersk Viking.Under the contract, the 7th generation drillship will drill four development wells at the Gumusut-Kakap field offshore Malaysia. The contract is expected to start in December 2021…

ABB, Siemens to Service Electrical Equipment on All Equinor's Platforms in Norway

Apr 07, 2021

Norway's Equinor has awarded ABB and Siemens Energy 8-year framework agreements for providing service of electrical equipment on all Equinor’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. The total value…

Jersey Oil & Gas Completes Cieco V&C Acquisition

Apr 07, 2021

UK-focused oil and gas company Jersey Oil & Gas (JOG) has completed the acquisition of Cieco V&C, a company that owns an interest in JOG-controlled Licence P2170, in the UK North Sea, from the Japanese companies Itochu and Jogmec.Under the agreement first announced on November 26…

Halliburton CEO Earned $10 Million More in 2020, Despite Pledge to Cut Pay

Apr 06, 2021

The top executive for oilfield services firm Halliburton Co earned roughly $10 million more in 2020 than the prior year, despite company pledges to reduce executive pay as the coronavirus pandemic crushed the oil industry, according to a regulatory document filed on Tuesday…

Gas Leak Prompts Shutdown of Two Alaska Platforms

Apr 06, 2021

Hilcorp Energy Co. has shut down two oil platforms in Alaska’s Cook Inlet in response to a natural gas leak discovered last week.The affected platforms account for roughly an eighth of the total Cook Inlet basin oil production of a little more than 11…

Eni Finds Oil Offshore Angola. First Production Expected within Six Months

Apr 06, 2021

Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. Eni said Tuesday that the well was drilled on the Cuica exploration prospect located inside the Cabaça Development Area and close to the Armada Olombendo FPSO (East Hub)…

Maritime Developments Names VP UK & Europe

Apr 06, 2021

Maritime Developments (MDL), a company providing consultancy, equipment, and personnel  for the global offshore energy sectors, has appointed Chris Reid as its new Vice President VP - UK & EuropeMDL, which provides SURF handling back-deck equipment…

OPEC+ Bets Crude Oil Demand will Recover as Fast as Output Returns

Apr 06, 2021

The move by the OPEC+ group of oil exporters to ease their output restrictions from May onwards is effectively a bet that the current soft demand for crude will improve at the same pace as production returns.If history is a guide, it will be extremely difficult to get that balance correct…

Global Offshore Completes Cable Installation at Vattenfall’s Kriegers Flak Wind Farm

Apr 06, 2021

Global Offshore, an offshore trenching and cable installation specialist, has completed a cable installation campaign at Vattenfall’s Kriegers Flak offshore wind farm in the Baltic Sea, off Denmark.The first phase of work, finished last year…

Report: Delek in Talks to Sell Stake in Tamar Offshore Gas Field for $1.1B

Apr 06, 2021

Israel’s Delek Drilling is in talks to sell its stake in the offshore natural gas field for up to $1.1 billion, financial news website Calcalist reported on Monday.Delek owns a 22% stake in Tamar, one of Israel’s main energy sources, which it…

Favorable Offshore Winds Blowing from the Biden Administration

Apr 06, 2021

As part of his Executive Order on Tackling the Climate Crisis at Home and Abroad (EO 14008)—issued on the first day he took office—President Biden made significant commitments to renewable energy. These commitments include collaborating with…

Flare Structure Installed on Energean Power FPSO

Apr 06, 2021

Construction of the Energean Power FPSO, destined for Energean's Karish field off Israel, has recently reached what has been described as a 'major milestone' with the installation of the flare on the FPSO in a Singapore shipyard.Technip Energies…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine