Wheatstone%20 News

Woodside, Unions Remain at Odds over Wages at Australia's Largest LNG Facility

Aug 16, 2023

Woodside Energy said 'positive progress' was being made on wage disputes at Australia's largest liquefied natural gas (LNG) facility even as a union alliance said key differences remained ahead of further talks next Wednesday.Woodside's North West Shelf…

LNG's Calm Veneer Stripped by Australia Strike Threat

Aug 14, 2023

The comfort that had characterised natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian liquefied natural gas (LNG) plants.In the blink of eye, a market…

FLNG Unit for BP's Tortue Ahmeyim Project Nearing Completion

Aug 14, 2023

The Golar Gimi FLNG unit, being built for BP's Tortue Ahmeyim project in Senegal/Mauritania offshore area, is set to sail away next month.According to Golar LNG, tasked with delivering the unit, the FLNG Gimi conversion works 97% complete. Golar…

OMV Sets the Drill Bit in Motion for Velocette Well Offshore Norway

Aug 08, 2023

Austrian oil and gas company OMV has started drilling operations on the Velocette exploration well in production license 1016, offshore Norway.The news of the drilling start was shared Tuesday by Longboat Energy, a 20% partner in the offshore block…

What is Carbon Capture and Storage and Will It Cut Emissions?

Aug 01, 2023

The UK government on Monday reaffirmed its support for projects to capture and store carbon dioxide emissions as part of its efforts to reach net zero goals and said two more projects would be able to begin negotiations to take them forward…

Armada Kraken FPSO's Production Climbs After Shutdown

Jul 20, 2023

Bumi Armada's Armada Kraken FPSO, a production unit operating at EnQuest's Kraken offshore field in the UK North Sea, has increased operational performance following a shutdown in early June.As Offshore Engineer previously reported, the Armada…

Yinson to Acquire Atlanta FPSO, Activating 15-year Charter with Enauta

Jul 14, 2023

Brazilian oil company Enauta said Friday it had received a letter from the Malaysian FPSO company Yinson, notifying the exercise of an option to acquire FPSO Atlanta, through the purchase of all the shares of AFPS B.V., the platform owner company…

Exporting Too Much Gas Could Jeopardize Israel's Energy Security, Warns Official

Jun 28, 2023

Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said in a letter seen by Reuters. The country is expected to roughly double…

Offshore Oil Spending to Rise More Than 20% This Year

Jun 21, 2023

Offshore oil and gas exploration spending will increase more than 20% globally this year and the growth will continue into the next, oilfield services firm SLB said on Wednesday.'Offshore is experiencing a renaissance, with significant breadth and anticipated durability…

TechnipFMC Signs 20-Year Agreement with Chevron Australia

Jun 19, 2023

TechnipFMC has signed a 20-year framework agreement with Chevron Australia under which TechnipFMC may provide Subsea 2.0 configure-to-order subsea production systems for gas field developments off Australia’s northwest coast.The agreement covers the supply of wellheads…

Shell Pivots Back to Oil to Win Over Investors - Sources

Jun 09, 2023

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said…

PXGEO Orders Over 20 Saab Sabertooth AUVs for Offshore Seismic Surveys

Jun 05, 2023

Marine geophysical company PXGEO has ordered more than 20 autonomous underwater vehicles from Saab.The order, for Saab's Sabertooth autonomous underwater vehicle, is worth SEK 620 million (currently around $57,1 million) and deliveries will take place 2023-2025…

Denmark to Take 20% Ownership of New Offshore Wind Farms

May 31, 2023

The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday.Under the terms in the upcoming tenders, developers…

Petrobras, TotalEnergies, Shell, Others, Pen Production Sharing Contracts for Blocks Offshore Brazil

May 31, 2023

Brazilian oil firm Petrobras on Wednesday signed Production Sharing Contracts for offshore blocks, awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022.Petrobras…

TotalEnergies Granted 20-Year License Renewal on Nigerian Offshore Block

May 29, 2023

French oil major TotalEnergies, operator of OML130 offshore license in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years.Located 150 kilometers off the Nigerian coast, the OML130…

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