Offshore Regions News - page 500

 

Russian Gas Flows to Europe Steady. Nord Stream 1 Pipeline Remains Shut

Sep 12, 2022

Natural gas flows from Russia to Europe along key routes were steady on Monday morning, while the Nord Stream 1 pipeline remained shut.Eastbound natural gas flows through the Yamal-Europe pipeline to Poland from Germany were steady.Exit flows…

Exmar Pens LNG Carrier Deal with Eni. Closes Tango FLNG Sale

Sep 12, 2022

Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…

Adamantine awarded blocks in Seychelles

Sep 09, 2022

Adamantine Energy Seychelles, a wholly owned subsidiary of Adamantine Energy, has announced the signing of a Petroleum Agreement (PA) to formally acquire a 100% operated stake in two blocks offshore the Seychelles. The blocks are the Beau Vallon and Junon blocks…

Natgas Pipeline Explodes in Lake Lery, Louisiana

Sep 09, 2022

The U.S. Coast Guard said on Thursday that it was responding to a natural gas pipeline explosion at Lake Lery, La., and there have been no reports of injuries, casualties or pollution at this time.The Coast Guard received a report of a large fire at Lake Lery…

Chevron Gets Stakes in Australian CCS Schemes

Sep 09, 2022

Oil major Chevron has announced it is part of three joint ventures that have been granted permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide offshore Australia.The blocks, including two in the Carnarvon…

New JIP to Find Floating Wind Storage for Celtic Sea

Sep 09, 2022

A new industry partnership is set to support the UK’s floating wind industry by identifying offshore storage areas for wind turbines awaiting installation in the Celtic Sea. The TS-Flow JIP, led by Offshore Solutions Group and delivered in partnership with HR Wallingford…

Petrobras to Keep Albacora, Plans New FPSO

Sep 09, 2022

Brazil's state-run oil company Petrobras has said it's ending a process to sell its Albacora concession, located in deep waters of the Campos Basin.Petrobras had been negotiating with PetroRio over the sale of the field. However, it says 'despite the efforts of both parties…

VIDEO: Allseas' Gyda Platform Removal

Sep 09, 2022

Offshore installation and decommissioning contractor Allseas has shared a video of its removal of Repsol Norge's 30,000 tonne Gyda platform.The video, featuring its Pioneering Spirit heavy lift vessel follows the removal and delivery of the platform's 11…

Lamprell Inks Moray West Order

Sep 09, 2022

Lamprell has signed a contract, worth over $200m, and received a full notice to proceed from the developer of the 882MW Moray offshore wind project, off Scotland.The work, first reported March 22 as a capacity reservation agreement, was confirmed by Lamprell on Thursday…

UK's New Oil and Gas Push No Salve for Short-term Pain

Sep 09, 2022

British Prime Minister Liz Truss' plans to spur new North Sea oil and gas production and lift a ban on fracking will test investor appetite for new fossil fuel projects, but are unlikely to ease the current energy crunch.Truss, who took office on Tuesday…

Head of Mexico's Oil Regulator Quits

Sep 09, 2022

Mexican senators will consider a new head of the country's powerful oil regulator, according to legal announcements to lawmakers dated Wednesday and Thursday, after the current head abruptly resigned.National Hydrocarbons Commission (CNH) President…

Shell Brings Online U.S. Gulf of Mexico Well, Hess Says

Sep 09, 2022

U.S. oil and gas firm Hess Corp says first oil began flowing last month from a Shell-operated Llano-6 well in the U.S. Gulf of Mexico, a project for which it owns a 50% stake. Hess, best known for its 30% interest in the Exxon Mobil-operated Guyana offshore oil and gas development…

Nearly Half of Guyana's Offshore Oil Exports Goes to Thirsty Europe

Sep 09, 2022

Oil producers in Guyana are boosting exports to European buyers seeking alternatives to Russian crude, according to vessel monitoring data.Government bans on Russian oil since the invasion of Ukraine have spurred demand for alternative crudes…

UK Energy Plan Puts Investors, Banks in Tough Net-zero Spot

Sep 08, 2022

Britain's move to green-light dozens of new oil and gas fields will leave investors and banks with a tough PR job as Britain struggles to shore up its energy security whilst sticking to its climate commitments.Starting new oil and gas projects…

Minesto's Second Sea Kite Online in Faroes

Sep 08, 2022

Tidal energy developer Minesto has this week launched its second Dragon Class tidal kite in Vestmanna, Faroe Islands, and has started producing electricity.The tidal energy power plant “Dragon 4” will benefit from previous configuration testing executed with the first unit…

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