Offshore Regions News - page 685

 

Karoon Energy Names New CFO

Aug 20, 2021

Australian oil and gas company Karoon Energy has this week named Ray Church as Executive Vice President and Chief Financial Officer.Church will start with Karoon on  September 27. 2021. Current Chief Financial Officer,  Scott Hosking, will oversee…

Solstad Sells Sea Panther AHTS for Recycling

Aug 20, 2021

Norwegian offshore vessel operator Solstad Offshore said Friday it had sold its AHTS Sea Panther vessel for recycling.The vessel was sold through Solstad Offshore's subsidiary Solstad Rederi, and the delivery to the buyer took place today August 20th…

Woodside Paying New Female CEO 25% Less than Predecessor

Aug 20, 2021

Woodside Petroleum is paying new CEO, Meg O'Neill, around 25% less than her predecessor, even as she embarks on sealing a deal to double the size of the Australian company to turn it into a top 10 independent oil and gas producer.Details of…

TotalEnergies Extends Maersk Drilling Rig Charter in Suriname

Aug 20, 2021

French energy giant TotalEnergies has exercised an option for the extended use of one of Maersk Drilling's offshore drilling rigs in Suriname.TotalEnergies, which became the operator of the prolific Block 58 in January where it has in the past year with partner Apache struck several oil discoveries…

Gas from Lundin's Rolvsnes Field Flows Through Ancala's SAGE System

Aug 20, 2021

Ancala Midstream Acquisitions Limited said Friday it had received the first gas from the extended well test at the Lundin-operated Rolvsnes field, off Norway, into its capacity in the SAGE System.The SAGE System comprises a 323-kilometer, 30-inch bore pipeline…

ADNOC L&S, Roll Group Partner Up

Aug 20, 2021

Abu Dhabi's ADNOC Logistics & Services has teamed up with the Dutch firm Roll Group to strengthen its turnkey integrated logistics offering.'The partnership with Roll Group enables ADNOC L&S to jointly implement heavy haulage solutions for both onshore and offshore projects…

Emerging Oil Nations Reject Climate Curbs on Exploration, Eye Rapid Development

Aug 20, 2021

The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels.At the conference…

Oil Companies Owe Nigerian State Agency $4 Billion, Minister Says

Aug 19, 2021

International oil companies operating in Nigeria owe $4 billion to an agency responsible for fostering development in the Niger Delta, the impoverished wetlands region where much of the industry is located, a minister said on Thursday.Tayo Alasoadura…

OFCO Buys Seven Offshore Support Vessels

Aug 19, 2021

Offshore Support and Logistics Services Company (OFCO – Offshore International), the integrated maritime logistics service provider that is jointly owned by Allianz Marine & Logistics Services (AMLS) and SAFEEN, Abu Dhabi Ports’ marine services arm…

Activists Halt Oil Exports from Equinor's Norway Terminal

Aug 19, 2021

Crude oil loading at Equinor's Sture export terminal on Norway's west coast was interrupted on Thursday after activists from the Extinction Rebellion group breached the facility's safety zone, the company said.Equinor halted the loading of the TS Bergen Aframax vessel…

CNOOC to Increase Renewables Spend

Aug 19, 2021

China's top offshore oil and gas driller CNOOC Ltd said it would channel up to 10% of annual spending to green energy by 2025, and announced interim net profit more than tripled from last year as oil prices rebounded.That doubles a previous…

Spurred by Offshore Oil Discoveries, Guyana's Economy to Grow 500% by 2030

Aug 19, 2021

Guyana's economy is expected to expand by 500% by 2030 as companies continue to plumb its offshore oil and gas reserves, a government official said on Wednesday.The small South American country has become one of the world's oil exploration hotspots…

Exxon Investing in Brazil's Offshore Fields to Reduce CO2 Emissions

Aug 19, 2021

Exxon Mobil Corp sees its investments in Brazil's offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said on Wednesday.Exxon's board is considering a pledge to cut…

CNOOC Sees 1H Profit Soar

Aug 19, 2021

China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by rebounding oil prices and recovering energy demand after the pandemic.CNOOC Ltd, a listed branch of China National Offshore Oil Corp…

Strohm Sets Up Shop in Brazil

Aug 19, 2021

Strohm, a business that specializes in composite pipe technology, announced on Thursday that it had opened a new office in Rio de Janeiro and that it was establishing a center of excellence for developing its Thermoplastic Composite Pipe (TCP)…

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