Offshore Regions News - page 644

 

Gulf Island Chairman Flick to Retire

Mar 07, 2022

Gulf Island Fabrication, Inc., a steel fabricator and service provider to the industrial and energy sectors, today announced that its Chairman of the Board of Directors, Michael A. Flick, will retire effective upon the expiration of his current…

US House to Vote as Soon as Tuesday on Russia Energy Import Ban

Mar 07, 2022

The U.S. House of Representatives is set to vote as soon as Tuesday on legislation seeking to ban the import of Russian energy products and suspend normal trade relations with Russia, a congressional aide told Reuters.The text of the proposal is expected later on Monday…

Ørsted Prepares for Potential Sanctions on Russian Gas

Mar 07, 2022

Danish energy firm Ørsted said on Monday it was preparing for potential disruptions to its gas supplies from Russia's Gazprom, due to sanctions, and would give any profits from the contract to humanitarian aid in Ukraine.Ørsted, which is 50…

Brazil Gov't Appoints Rodolfo Landim to Chair Petrobras Board

Mar 07, 2022

Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night.Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters…

Viking Link: NIB Grants Another Loan for Denmark-UK Subsea Power Cable

Mar 07, 2022

The Nordic Investment Bank (NIB) has agreed on a 10-year loan deal with Danish grid operator Energinet to increase the co-financing to construct the Viking Link, a 760- kilometer 1.4 GW high voltage direct current electricity interconnector…

Coral Sul FLNG: World's Deepest FLNG Unit Moored Off Mozambique

Mar 07, 2022

The mooring of Coral Sul (South) FLNG, East Africa's first FLNG unit, and the world's deepest, was completed last week.The giant Coral Sul FLNG unit, 432 meters long and 66 meters wide, and weighing around 220,000 tons, earlier this year arrived…

Empyrean Energy: Jade Prospect Site Survey Complete. Drilling Rig Talks Underway

Mar 07, 2022

Empyrean Energy, a company gearing up to start drilling at its Jade prospect, offshore China, said Monday that China Oilfield Services Limited ('COSL') had successfully completed the well site survey required over the Jade Prospect drilling location…

Offshore Gangway Firm Uptime Nets Long-tem Walk-to-Work Deals with DOF Subsea

Mar 07, 2022

Motion-compensated gangway supplier Uptime International has secured two long-term walk-to-work contracts with the offshore vessel owner DOF Subsea.Uptime will be supporting DOF Subsea's on the vessel owner's recently awarded long-term contract for a Multi-Purpose Supply Vessel (MPSV)…

PGS' Ramform Titan Seismic Vessel Makes First Ever U.S. Port Call

Mar 07, 2022

The Norwegian seismic survey company PGS' seismic vessel Ramform Titan recently entered Galveston, Texas, marking the first-ever visit of a Titan-class vessel to a U.S. port. The PGS vessel is mobilizing for a 4D survey in the Gulf of Mexico…

Plexus Suspends Activities With Russia's Gusar over War in Ukraine

Mar 07, 2022

Plexus Holdings, the AIM-quoted oil and gas engineering services firm that owns the proprietary POS-GRIP method of wellhead engineering, said Monday it would suspend its activities with Russian license partner Gusar due to the war in Ukraine…

Exxon Sues U.S. Over Taxes Related to Offshore Gas Project in Qatar

Mar 07, 2022

Exxon Mobil Corp filed a suit against the U.S. seeking a partial refund of $2.1 billion in taxes and penalties tied to a Middle East gas project in Qatar, according to a filing on Friday in U.S. district court in Dallas.Exxon and QatarEnergy…

As Russia Avoids Energy Sanctions, Oil Majors Flee but TotalEnergies Stays

Mar 07, 2022

BP, Shell, Exxon, Equinor flag Russia exitsTotalEnergies sticks with Russian natgas assetsLNG central to TotalEnergies' strategyFrance's TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from the country after its invasion of Ukraine…

CERAWEEK-Energy Conference Kicks Off as Ukraine Conflict Leaves Oil Market in Turmoil

Mar 07, 2022

The world's biggest gathering of energy industry leaders kicks off in Houston Monday, as Russia's invasion of Ukraine delivers an oil price shock to the global economy and embattled executives face growing criticism for the industry's role in climate change…

IOG's North Sea Gas Fields Set to Come on Stream as Onshore Works Complete

Mar 04, 2022

UK-based oil and gas firm IOG plc has informed that the onshore reception facilities for its Saturn Banks project development have been successfully commissioned, in what is the final step to first gas from its Southern North Sea gas fields…

Subsea 7 Nets Krafla FEED. Eyes Large EPCI Deal after FID

Mar 04, 2022

Norwegian oil and gas company Equinor has awarded Subsea 7 a front-end engineering and design (FEED) study for the marine installations associated with the Krafla development project, offshore Norway.The awarded work is required to finalize…

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