Offshore Regions News - page 486

 

ADNOC Drilling Bags $1.53B Offshore Drilling Contract

Oct 10, 2022

Abu Dhabi National Oil Company (ADNOC) has awarded a $1.53 billion (AED 5.62 billion) contract to ADNOC Drilling, to expand ADNOC’s offshore operations and its objective to increase oil and gas production.ADNOC offshore division ADNOC Offshore awarded the two-year contract…

Equinor's EVP Exploration and Production International to Resign

Oct 10, 2022

Al Cook, Equinor's executive vice president for Exploration and Production International, has informed the Norwegian energy giant that he will resign to become CEO of a company outside the energy industry.'To secure a good hand over to his successor…

Danish North Sea: Last Remaining Piece of Tyra II Puzzle Installed, TotalEnergies Says

Oct 10, 2022

French oil major TotalEnergies has completed the offshore installation works at the Tyra II field redevelopment project in the Danish North Sea.The Tyra field is the largest gas condensate field in the Danish Sector of the North Sea. Due to seabed subsidence…

Putin Orders Seizure of Exxon-led Sakhalin 1 Oil and Gas Project

Oct 09, 2022

Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia's Far East.Putin's move affecting Exxon's largest investment in Russia mimics a…

US Navy Jet Flew Across Baltic Hours After Nord Stream Burst

Oct 07, 2022

A U.S. Navy reconnaissance aircraft flew near the site of the ruptured Nord Stream 2 pipeline in the Baltic Sea hours after the first damage emerged, according to tracking reviewed by Reuters, a flight Washington said was routine.Russia's Nord Stream 1 and 2 pipelines burst on Sept…

Neptune Energy to Keep Duva Field Gas Output Levels High Until 2022 End

Oct 07, 2022

Oil and gas company Neptune Energy said Thursday it would extend higher gas production from the Duva field in Norway, supplying enough gas to heat a further 550,000 UK households.In April, Norwegian authorities granted Neptune and the Duva license…

FPSO Anita Garibaldi Leaves China Shipyard for Brazil

Oct 07, 2022

Brazilian oil and gas firm Petrobras said Thursday that the Anita Garibaldi FPSO had left the DSIC Marine Yard shipyard, in Dalian, China, and is now en route to Brazil. The FPSO, being supplied by MODEC will be deployed at the the Marlim and Voador fields…

Cyprus in Renewed Push to Extract Offshore Gas as Shortages Loom in EU

Oct 07, 2022

Cyprus expects natural gas from its seas to become commercially available by 2027, its energy minister said on Friday, adding that Europe's energy crisis had put a renewed focus on how to expedite the development of reserves in the east Mediterranean…

BP Looks to North Sea, U.S. Shale for Near-term Oil and Gas Boost

Oct 07, 2022

BP is targeting the North Sea and U.S. shale basins to boost oil and gas supplies in the short term in response to the global energy crisis, its head of oil and gas operations told Reuters.BP aims to cut its oil and gas output by 40%, or 1 million barrels of oil equivalent per day (boed)…

Mexico's Pemex Has No Record of Reporting Methane Leak from Offshore Oil Field

Oct 07, 2022

Pemex did not inform Mexico's environmental regulator of a methane leak from a key offshore oilfield in December, according to the state oil company's response to a freedom of information request, which confirmed an earlier Reuters report that the regulator had no record of the incident…

EIG's MidOcean Energy to Buy Tokyo Gas’ Interests in Gorgon, Pluto, Ichthys, Queensland Curtis LNG Projects

Oct 07, 2022

EIG-backed LNG company MidOcean Energy has agreed to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects, Gorgon LNG, Ichthys LNG, Pluto LNG, and Queensland Curtis LNG for $2.15 billion in cash. 'These integrated…

Norway: Floatel's Accommodation Rig to Stay at Grane Offshore Site Until Year-end

Oct 07, 2022

Oslo-listed offshore accommodation rig provider Floatel International has secured a contract extension with Equinor for its Floatel Superior semi-submersible accommodation rig in the Norwegian part of the North Sea.As part of the Breidablikk project…

Safety Concerns: Norway Inspects Europipe II Subsea Gas Pipeline to Germany

Oct 07, 2022

Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.Norway…

Nord Stream Probe Finds Evidence of Detonations, Swedish Police Say

Oct 07, 2022

A crime scene investigation of the Nord Stream 1 and 2 gas pipelines from Russia to Europe found evidence of detonations, strengthening suspicions of 'gross sabotage', Sweden's Security Service said on Thursday. Swedish and Danish authorities have been investigating four leaks after the pipelines…

UK Launches Offshore Oil, Gas Licensing Round to Boost Domestic Supply

Oct 07, 2022

Britain on Friday launched its first oil and gas exploration licensing round since 2019 on Friday to try and boost domestic hydrocarbon output as Europe weans itself off Russian fuel.The British North Sea, home to the global Brent benchmark grade…

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