Offshore Regions News - page 893

 

Equinor Extends Helicopter Services Contracts with CHC

Jun 10, 2020

Norwegian oil company Equinor has extended helicopter services contracts with offshore helicopter operator CHC in Norway.CHC said Tuesday the extensions with Equinor were for both the Tampen/Oseberg and Heidrun contracts for one year, effective from September 2020 to August 2021…

Trans Adriatic Pipeline: Offshore Construction Completed

Jun 10, 2020

Italian offshore services company Saipem has completed offshore installation works in the Adriatic Sea at the Trans Adriatic Pipeline (TAP) project.TAP will transport natural gas from the giant Shah Deniz II offshore field in the Azerbaijani sector of the Caspian Sea to Europe…

Byron Set to Install Platform at Gulf of Mexico Block

Jun 10, 2020

Offshore platform installation works are set to begin at Byron Energy's U.S. Gulf of Mexico operator South Marsh Island 58 G offshore block.Byron said Tuesday that a material barge would arrive at a construction yard near New Iberia, LA to begin load out of the SM58 G platform jacket pilings…

Japan's TEPCO to Spend $9-18B by 2035 on Offshore Wind, Hydro

Jun 10, 2020

TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, plans to spend about 1-2 trillion yen ($9-18 billion) to develop 6-7 gigawatts (GW) of offshore wind and hydroelectric power projects by 2035, its president said.'We aim…

About 31% Oil, 33% Gas Output Shut in U.S. Gulf After Storm

Jun 10, 2020

About 31%, or 575,541 barrels per day (bpd), of offshore crude oil production remain[ed] shut in the U.S.-regulated Gulf of Mexico on Tuesday following the passage of Tropical Storm Cristobal, the U.S. government said.About 33%, or 898.32 million cubic feet a day (cfd)…

Enterprise Working to Address Delays with SPOT Offshore Terminal

Jun 10, 2020

Enterprise Products Partners LP is working with U.S. officials to advance an offshore crude terminal project after the review schedule was suspended last week, the company said.Enterprise and Enbridge Inc agreed late last year to jointly develop a U…

First Major US Offshore Wind Farm Reaches Permitting Milestone

Jun 09, 2020

The first major U.S. offshore wind farm, planned for the Massachusetts coast, reached a key permitting milestone on Tuesday with the release of a long-awaited federal environmental study that considers the project's impacts on fisheries and navigation…

Freight Planning… What About Offshore Wind…?

Jun 09, 2020

At the end of 2019 – December 27, to be exact – the US Department of Transportation, Office of the Secretary – filed a request for information regarding the development of a National Freight Strategic Plan (NFSP), required by the multi-year federal transportation bill…

Penspen in Offshore Platform Modification Deal in Myanmar

Jun 09, 2020

Offshore engineering company Penspen has won a contract with a Myanmar oil and gas company for an offshore natural gas project in Myanmar.The engineering study project award will see Penspen support with drilling platform diesel fuel tank modification…

Oxy Starts Returning Staff to U.S. Gulf of Mexico after Storm

Jun 09, 2020

Occidental Petroleum Corp has begun returning staff to some of its Gulf of Mexico facilities after storm Cristobal moved away from the region, the company said on Monday.The company plans to return workers to all facilities on Tuesday and resume production when safe…

Bahamas Petroleum Expands Portfolio with Uruguay Offshore Block

Jun 09, 2020

Oil and gas firm Bahamas Petroleum Company, expected to spud its first well offshore the Bahamas later this year, has expanded its portfolio.The company on Tuesday said it has been awarded the AREA OFF-1 petroleum licence offshore Uruguay. According to Bahamas Petroleum…

Equinor Sanctions Sleipner Field Electrification

Jun 09, 2020

Norwegian energy company Equinor has made an investment decision to partly electrify the Sleipner field in the North Sea, offshore Norway.Equinor, with its partners  Vår Energi, LOTOS and KUFPEC on Tuesday filed a revised plan for development and operation to the authorities…

Greece, Italy to Sign Accord on Maritime Zones

Jun 09, 2020

Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy's foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said.The deal follows months of tensions in the Eastern Mediterranean region over natural resources…

BP to Lay Off 10,000 People by 2020 End

Jun 09, 2020

British oil major BP will lay off 10,000 people by the end of the year in a move to cut costs, the company's CEO Bernard Looney said in a social media post on Monday.Looney said: 'The oil price has plunged well below the level we need to turn a profit…

Temasek Supports Sembcorp Marine's $1.5B Rights Issue

Jun 09, 2020

Singapore's Temasek Holdings stepped in on Monday to support a S$2.1 billion ($1.5 billion) rights issue by Sembcorp Marine as the state investor moves to help the city-state's struggling rig-building sector.Following the deal, loss-making Sembcorp Marine…

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