Offshore Regions News - page 1014

 

Maersk Supply Service Wins Brazil Project

Oct 09, 2019

Maersk Supply Service said it will provide an integrated mooring lines life extension solution for Shell’s floating production, storage and offloading unit (FPSO) Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro…

Talos Deploys USI Subsea Wellhead Cap in the GoM

Oct 09, 2019

Universal Subsea Inc. (USI) announced that its patent-pending Defender subsea isolation cap was installed to the Bulleit subsea well, operated by Talos Energy in the Gulf of Mexico at a water depth of 1,300 feet.The lightweight, thermoplastic cap was landed…

All-polymer Pipeline Connector Delivered

Oct 09, 2019

Swagelining, the polymer lining specialist for subsea pipelines, said it has installed its LinerBridge connector technology for the first time for three North Sea projects..The Swagelining team installed the LinerBridge polymer lining connectors…

Exxon Appoints Bank to Sell Malaysia Assets

Oct 09, 2019

Exxon Mobil Corp has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program, banking and industry sources said.The Malaysian assets, which include stakes in two large fields…

Angola Seeks to Reduce Gas Flaring to Capture Revenue

Oct 09, 2019

Angola wants to cash in on the roughly 3 billion cubic feet per day of associated natural gas it produces, most of which is now flared, the petroleum minister said on Wednesday.The announcement of efforts to generate more revenues by reducing…

Senegal Delays Oil Licensing Round

Oct 09, 2019

Senegal has delayed the launch of an oil and gas licensing round due on Wednesday until November 4 as contract documents still need to be finalized, oil minister Mahamadou Makhtar Cisse said.'We need to ensure the legal framework for investors…

In Norway, Cost Overruns Are Good Times

Oct 08, 2019

Order delays, cancellations and decision-gate debates have been hampering Norwegian oilfield owners grappling with a vastly weakened currency and projects — like the not-on-time and not-on-budget, Martin Linge — that have burst budgets.While several fields have been made scaled back (Bauge…

Seacat Kicks Off 3-vessel Charter with Equinor

Oct 08, 2019

Offshore energy support vessel (OESV) operator Seacat Services said it has commenced a long-term contract with Equinor, which will see three OESVs support the ongoing operations and maintenance (O&M) of the 88-turbine Sheringham Shoal Offshore Wind Farm in the UK North Sea…

Sulzer Expands in Southeast Asia

Oct 08, 2019

Rotating equipment services provider Sulzer said it has opened a new service center in Semenyih, Malaysia to offer specialist technical knowledge and support for all types of pumps, electrical equipment and turbomachinery for local industries including oil and gas…

Chevron Buys Into Three Blocks in Mexico

Oct 07, 2019

U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…

Qatar Petroleum Takes Over Offshore Oilfields

Oct 07, 2019

Qatar Petroleum has assumed operatorship of the Idd el-Shargi North Dome and South Dome offshore oilfields, the company said in a statement.Development and production sharing agreements with Occidental Petroleum of Qatar Ltd. for both oilfields expired on Oct…

Jersey Awards Greater Buchan Contracts

Oct 07, 2019

UK focused independent upstream oil and gas company Jersey Oil & Gas said it has awarded contracts to consultancy Rockflow and services company Petrofac to support the Greater Buchan Area (GBA) development in the North Sea.Rockflow will provide subsurface evaluation support…

Turkish Ship to Drill Off Cyprus by Tuesday

Oct 07, 2019

The Turkish drillship Yavuz will begin drilling for oil and gas southwest of Cyprus on Monday or Tuesday, Energy Minister Fatih Donmez said, in a move which has intensified tensions between the two countries.Ankara said on Thursday it had sent…

Keppel, Sembcorp Reach Deal with Embattled Brazil Firm

Oct 07, 2019

Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build drillships and rigs.Sete, which leased oil rigs to Brazil's state oil firm Petroleo Brasileiro SA (Petrobras)…

Martin Linge, Njord Cost Estimates Climb

Oct 07, 2019

Norway's Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come on line, the government and operator Equinor announced on Monday.The government has also raised its estimate…

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