Offshore Regions News - page 334

 

Equinor's North Sea Field Starts Producing Oil Ahead of Schedule

Oct 20, 2023

The Norwegian oil and gas company Equinor said Friday it had brought online the Breidablikk field in the North Sea, four months ahead of schedule and within budget, and with higher initial production than expected.Tied back to the Grane platform…

US Gulf Coast Oil Patch Gets Lucky, So Far, in Busy Hurricane Season

Oct 19, 2023

A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.The 2023…

Offshore Wind Developers Likely to Cancel Some Contracts After NY Decision

Oct 19, 2023

Developers in the U.S. offshore wind industry will likely cancel some power sales contracts in New York after the state last week denied passing on more of the costs to consumers, but major projects off Massachusetts and Rhode Island are set to start up later this year…

Seatrium Delivers Shell's Whale Floating Production Unit

Oct 19, 2023

Singapore's Seatrium said Thursday it had delivered the 2019-ordered Whale Floating Production Unit (FPU) to Shell for deployment at Whale deepwater field development in the U.S. Gulf of Mexico.According to Seatrium, which was known as Sembcorp Marine went the FPU was ordered…

LNG Tanker Diverts from Egypt Terminal as Gas Flows from Israel Ebb

Oct 19, 2023

A tanker seeking to fill up liquefied natural gas (LNG) at a terminal in Egypt left empty and diverted to another port, after an Israeli pipeline supplying gas was halted due to Israel-Hamas conflict, analysts said on Thursday.The Seapeak Catalunya…

Transocean's Quarterly Rig Fleet Report: $745 Million in Drilling Contracts Secured

Oct 19, 2023

Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts.During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1…

Indonesia's Expanded Tangguh LNG Facility Begins Full Commercial Operations

Oct 19, 2023

BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia…

Dolphin Drilling Wins Letter of Award for Offshore Drilling Project in India

Oct 19, 2023

Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.This follows Dolphin Drilling's mid-September announcement…

Oil Rush in Namibia's Orange Basin: Galp Prepares for Massive 10 Billion Barrel Oil Hunt as Rig Approaches

Oct 19, 2023

Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell.In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules…

Middle East Conflict Threatens Regional Gas Market, Could Affect Europe's LNG Supplies - Rystad

Oct 19, 2023

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…

Equinor CEO Sees EU Gas Market in 'Better place' Than Last Year

Oct 19, 2023

Equinor's CEO said on Wednesday the European gas market will remain volatile this winter, and will face a lot of variables, but is in a stronger position than last year.Global gas prices leapt to all-time highs last year after Russia cut its gas supply to Europe…

Australian Energy Regulator Accuses Santos of Record-keeping Violations

Oct 19, 2023

Australia's energy regulator initiated on Thursday a lawsuit against Santos Ltd saying the oil and gas producer breached auction record-keeping rules between March 2019 and June 2021.The Australian Energy Regulator (AER) started the proceedings…

Converted OSV Enters Service in the UK as an Underwater Surveillance Ship

Oct 18, 2023

A converted offshore support vessel has taken on a new life as a dedicated underwater surveillance ship for the U.K.'s Royal Navy.Christened during a ceremony in London on October 10, RFA Proteus will be operated by the Royal Fleet Auxiliary…

Norwegian Navy Shadows Chinese Vessel Probed over Baltic Pipeline Damage

Oct 18, 2023

A Norwegian Navy ship shadowed a Chinese container ship investigated over damage to a gas pipeline in the Gulf of Finland for about 15 hours as it sailed along the western coast of Norway on Monday, vessel tracking data showed.Finnish investigators…

Shell's Australian FLNG Facility Poised for Mid-November Restart

Oct 18, 2023

Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project told Reuters on Wednesday.The British energy giant started maintenance work at the 3…

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