Offshore Regions News - page 717

 

Island Offshore Takes Delivery of New PSV

Jun 07, 2021

Norwegian offshore vessel owner Island Offshore earlier this month took delivery of the platform supply vessel Island Discoverer. The vessel was completed by VARD Langsten this spring.“It is always exciting to take delivery of a new ship, and…

Eni to Tie Maha 2 Discovery to Jangkrik FPU

Jun 07, 2021

Italian oil and gas company Eni has said it has successfully drilled and tested the Maha 2 appraisal well offshore Indonesia, and will most likely tie it to the Jangkrik floating production unit.The well is located in West Ganal block offshore Kalimantan…

PGS, TGS Expand Survey Campaign Off Canada. Another Vessel Set to be Deployed

Jun 07, 2021

Norwegian seismic surveyor PGS has, with its Ramform Titan seismic vessel, started the Cape Anguille seismic survey program offshore Canada, in partnership with seismic data firm TGS.The program expands the PGS-TGS joint venture with another…

ExxonMobil Restarting Ops in Canje Block, Offshore Guyana with Jabillo-1 Well Spud

Jun 07, 2021

U.S. oil major ExxonMobil is resuming operations at the Canje Block offshore Guyana with the drilling of the billion-barrel prospect Jabillo-1, using the Stena Carron Drillship.The news was shared by Westmount Energy, a company that owns a stake in one of ExxonMobil's Canje block partners…

KrisEnergy Files for Liquidation as Apsara Field Fails to Deliver

Jun 04, 2021

KrisEnergy, an oil and gas company focused on Southeast Asia, said Friday it had filed a winding-up petition and that it would proceed to liquidation due to its inability to pay debts.KrisEnergy warned about this outcome back on March 31 when it said that the production from the Apsara field…

Baltic Pipe Project Hits Snag over Mice and Bats Concerns

Jun 04, 2021

Baltic Pipe Project, a strategic EU infrastructure project led by Danish and Polish companies Energinet and Gaz-System to build a gas pipeline from the Norwegian part of the North Sea to Denmark and Poland, has hit a snag in Denmark over environmental concerns…

First Line of Nord Stream 2 Pipeline Completed, Putin Says

Jun 04, 2021

Russia's Nord Stream 2 gas pipeline is set to be completed as the United States wants good ties with Europe, President Vladimir Putin said, as the ill-fated project is nearly complete and ready to start pumping gas to Germany.Russia's Gazprom…

Offshore Wind: Ørsted Names COO for North America

Jun 04, 2021

Offshore wind developer Ørsted has named Troy Patton as COO of its Offshore North American region, filling a post that has been vacant since David Hardy was designated CEO in October of 2020.'Patton has many years of leadership experience in the renewable energy industry…

Transformative Deal: Hibiscus to Pay $212.5M for Repsol's Offshore Blocks in Vietnam and Malaysia

Jun 04, 2021

Malaysian oil and gas company Hibiscus Petroleum has confirmed it has agreed to buy Repsol’s interest in oil and gas assets in Malaysia and Vietnam for $212.5 million.The announcement comes after Repsol earlier this week announced the sale to Hibiscus…

McDermott Completes KG-D6 Satellite Cluster Work of India

Jun 04, 2021

McDermott International has this week said it has completed work on Reliance Industries Limited KG-D6 Satellite Cluster Project, off the east coast of India, dubbing the project a historic one, involving 'many firsts.''McDermott's work on the…

Saipem Acquires Naval Energies' Floating Wind Business

Jun 04, 2021

Italian energy services firm Saipem has agreed to acquire the floating wind business of the French company Naval Energies, a subsidiary of Naval Group.The business consists of Naval Energies' engineering know-how on floating units, intellectual property rights…

Gazprom Neft, Novatek Form Arctic E&P JV

Jun 04, 2021

Russian energy companies Novatek and Gazprom Neft on Friday created an exploration and production joint venture which will focus on work in the East Siberian Sea and the Chukchi Sea.As part of the agreement, Novatek acquired a 49% participation interest in OOO Gazpromneft Sakhalin…

Exxon Mobil Relinquishes Stake in Ghana Offshore Block

Jun 04, 2021

Exxon Mobil has relinquished its 80% interest in Ghana’s Deepwater Cape Three Points offshore block, a spokesman told Reuters on Thursday.“Exxon Mobil is prioritizing near-term capital spend on the most advantaged assets with the lowest cost…

Nord Stream 2 Pipeline Construction Nears Completion

Jun 03, 2021

The Nord Stream 2 gas pipeline under the Baltic Sea is almost complete with just 100 kilometers (62 miles) left to build, TASS news agency quoted Russian deputy prime minister Alexander Novak as saying on Thursday.'We hope that construction…

Limited Window of Opportunity: Israel Thinking of Rolling Back Gas Export Limits

Jun 03, 2021

Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market, according to a draft government report.Fewer restrictions could attract more energy groups to explore Israeli waters…

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