Sakhalin%20 News

Santos Optimistic About 2024 Output

Oct 16, 2024

Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to…

Petrobras Inks Three Pelotas Basin Concession Contracts

Oct 14, 2024

Brazil’s state-owned oil and gas company Petrobras has signed three remaining concession contracts, acquired in partnership with Shell and CNOOC, in Pelotas Basin offshore Brazil.The concessions were acquired as part of the fourth Permanent Concession Offer Cycle…

CNOOC Kicks Off Production from Bohai Bay Field

Oct 08, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at the Bozhong 19-2 oilfield development project in Bohai Bay.The project is located in central Bohai Bay, with an average water depth of about 20 meters…

Eco Wave Power Sells Wave Energy Unit for Taiwanese Pilot Project

Oct 07, 2024

Eco Wave Power has signed an agreement for the sale of the first wave energy generation unit with I-Ke International Ocean Energy, a subsidiary of maritime engineering company Lian Tat, for the pilot wave energy plant in Taiwan.According to the terms of the agreement…

Equinor Starts Exploration Drilling at Løvmeis Prospect in Norwegian Sea

Oct 03, 2024

Equinor and its partners Petrolia Noco and PGNiG have started drilling the exploration well at Løvmeis prospect in the Norwegian Sea, using Transocean Encourage semi-submersible drilling rig.The well, 6608/10-R-2 H, is part of the production license 1013…

Petrobras to Buy Stake in Oil and Gas Block Offshore South Africa

Oct 02, 2024

Brazilian state-run oil company Petrobras has received approval from its board to acquire a 10% stake from TotalEnergies in Deep Western Orange Basin (DWOB) block, offshore South Africa.The DWOB block is located in deep waters in the Orange Basin…

Santos Inks Mid-Term LNG Supply Deal with TotalEnergies

Oct 02, 2024

Australian gas supplier Santos has signed a mid-term LNG supply contract with TotalEnergies’s Singapore subsidiary, TotalEnergies Gas & Power Asia.The contract is to supply 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per year over a period of 3 years plus one quarter…

Skyborn Renewables Becomes Ørsted’s Partner in Two US Offshore Wind Farms

Oct 01, 2024

Skyborn Renewables, a Global Infrastructure Partners (GIP) portfolio company, has completed the acquisition of a 50% stake in the Revolution Wind and South Fork Wind projects from U.S. utility Eversource Energy, becoming a joint venture partner in the offshore wind farms with Ørsted…

Brava Energia Welcomes US Oil and Gas Company as Partner in Two Brazil Fields

Sep 27, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has concluded a sale of 20% stake in a concession offshore Brazil to the affiliates of Westlawn Americas Offshore (WAO), welcoming the U.S. oil and gas company as partner in the Atlanta and Oliva fields…

ABS Greenlights French Developer’s Concrete Floating Wind Foundation

Sep 25, 2024

The American Bureau of Shipping (ABS) has issued Approval in Principle (AiP) to the OO-STAR concrete semi-submersible foundation for floating wind turbines from Bouygues Travaux Publics, a subsidiary of Bouygues Construction.The floater can…

OKEA Sells Stake in Producing Field Off Norway to Lime Petroleum

Sep 24, 2024

Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…

Japan's ENEOS Takes Share of Floating Wind Project off Norway

Sep 18, 2024

Japanese renewable energy company ENEOS Renewable Energy (ERE) has become a partner in the GoliatVIND project by acquiring a 20% stake in the floating wind farm from Odfjell Oceanwind.The new partnership on GoliatVIND is Source Galileo Norge (40%)…

Equinor Gets Permit for Norwegian Sea Drilling Operation

Sep 20, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a new exploration well in the Norwegian Sea, to be conducted using Odfjell Drilling’s Deepsea Atlantic drilling rig.The permit is for wellbore 6406/6-7 S wildcat well in production license 1119…

DNO Concludes Acquisition of Stakes in Five Norne Area Oil and Gas Fields

Sep 02, 2024

Norwegian oil and gas operator DNO has completed the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi.Following the closing of the transaction, DNO’s wholly-owned…

Trinidad and Venezuela Set to Launch Seismic Survey at Joint Gas Fields

Aug 30, 2024

Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country's energy minister Stuart Young said on Friday on social media.Venezuela in July issued a 20-year license…

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