Offshore Regions News - page 554

 

BlueFloat Energy and Energy Estate to Build 1.15GW Offshore Wind Farm in Australia

Jun 23, 2022

BlueFloat Energy and Energy Estate partnership on Thursday announced its latest offshore wind development in Australia – the 1.155 GW Southern Winds offshore wind project.Southern Winds will use bottom-fixed technology and will be located 10…

UK Gov't 'Fleshing out details' on North Sea Oil & Gas Windfall Tax

Jun 23, 2022

The British government is still 'fleshing out details' of a special tax on North Sea oil and gas producers announced last month, energy minister Kwasi Kwarteng told a conference on Thursday.Finance minister Rishi Sunak is due to meet with executives…

Norway Oilfield Services Workers Agree Wage Deal, Averting Strike

Jun 23, 2022

Two Norwegian labour unions have signed new wage deals with oil service companies, the unions said on Thursday, preventing a strike among workers.Some 646 members of the Safe and Industri Energi unions had threatened to go on strike at companies such as Schlumberger…

West Africa Must Grasp Opportunity of Europe's Shift from Russian Gas

Jun 23, 2022

Europe's move away from Russian gas provides a ready and lucrative market for a vast project being developed in West Africa, Mauritania's oil minister said on Thursday.As Russia has reduced gas supplies to Europe and Europe seeks to limit its dependence on Russian gas…

MMA Offshore to Buy Rigs-to-Reefs Specialist Subcon for $8.4M

Jun 23, 2022

Australian offshore support vessel owner MMA Offshore has agreed to buy Perth-based Subcon, a company that provides innovative stabilization, coastal erosion, and engineered reef solutions to the oil and gas, offshore wind, coastal infrastructure…

Seadrill Announces $361 Million In Contract Extensions

Jun 22, 2022

Offshore drilling contractor Seadrill on Wednesday announced it has been awarded contract extensions for three of its jack-up rigs for work offshore in the Arabian Gulf.The firm term of each contract is three years with commencement in direct continuation of the current contracts…

Egypt's EGAS, Chevron to Explore New East Med Offshore Gas Deal

Jun 22, 2022

Egypt's state-owned gas company and U.S.-based Chevron Corp on Monday signed a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export.The memorandum of understanding signed…

Kuwait Investing in Offshore Exploration and Production to Meet Any OPEC Output Increase

Jun 22, 2022

Kuwait Petroleum Corporation chief said on Tuesday the Gulf producer had the capacity to reach its OPEC quota and was moving to its first offshore production as it invests to meet future oil demand.'We are making the investments necessary to…

Petrobras Buys Its First Guyanese Crude Cargo

Jun 22, 2022

Brazilian state-controlled oil company Petrobras has bought its first cargo of Guyanese crude for refining domestically, the company told Reuters, as South America's newest producer expands its market reach.With the start of a second floating production facility in February…

Equinor to Test Use of Drones for Offshore Logistics Services on Gullfaks C Platform

Jun 22, 2022

Norwegian drone company Nordic Unmanned has received a call-off for the next phase of the drone offshore logistics contract with the Norwegian oil firm Equinor. The offshore operations will take place from the Gullfaks C offshore platform in the North Sea and will start on August 15…

Eni's Giant Oil Find Offshore Ivory Coast Wins Discovery of the Year Award

Jun 22, 2022

Italian oil and gas firm Eni's giant oil find offshore Ivory Coast last year won the 'discovery of the year' award, and Eni also secured the title of the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s annual Exploration Survey…

DOF Subsea Adds $100M+ in Backlog with Petrobras Extension

Jun 22, 2022

Norwegian subsea services company DOF Subsea has secured an extension for its four contracts with Petrobras for subsea inspection works in Brazil.DOF said that the extension would call for at least three vessels operating for 18 months, to the…

Green Group Asks Court to Stop Woodside's Scarborough Offshore Gas Project

Jun 22, 2022

The Australian Conservation Foundation said it has asked the Federal Court to stop Woodside Energy Group from working on the $5.7 billion [for the offshore component only] Scarborough gas project until an assessment is made about its potential impact on the Great Barrier Reef…

CNOOC Completes China's First Offshore Carbon Capture & Storage Project

Jun 22, 2022

Chinese state-owned oil and gas firm CNOOC has completed the country's first offshore carbon capture and storage project designed to permanently bury carbon dioxide in the seabed, state media reported recently.The project is located at the company's Enping oil field in the mouth of the Pearl River…

Libra Buys U.S. Shipyard to Build Jones Act Offshore Wind Vessels

Jun 22, 2022

Global group Libra has acquired a U.S. shipyard through a subsidiary to capitalize on growing shipbuilding demand for the offshore wind industry as Washington accelerates efforts to boost cleaner power, top company executives said.U.S. President…

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