Offshore Regions News - page 682

 

CGX, Frontera Spud Kawa-1 Well Offshore Guyana

Aug 23, 2021

Canadian-based firm Frontera Energy and CGX Energy have started drilling at the Kawa-1 exploration well, offshore Guyana, using Maersk Drilling's Maersk Discoverer semi-submersible drilling rig. Also, the firms have exercised the option to drill a second well with the rig…

Kansai Electric, RWE Studying Floating Wind Project in Japan

Aug 23, 2021

Japanese utility Kansai Electric Power Co Inc and German utility RWE have agreed to jointly study the feasibility of a large-scale floating wind project off the Japanese coast, the companies said on Monday.Japan's offshore power market is expected…

U.S. Imposes Sanctions on Nord Stream 2. Measures Expected to Have No Effect on Project

Aug 23, 2021

The Biden administration on Friday slapped sanctions on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, but opponents of the nearly-completed project said the measures would not stop it.The sanctions were imposed on ship Ostap Sheremeta…

ExxonMobil Delays Drilling Decision for 2nd Kaieteur Block Well in Guyana

Aug 23, 2021

ExxonMobil is taking more time to nominate the prospect target for the second exploration well on the Kaieteur Block, offshore Guyana, its partners in the project said.Westmount Energy, an indirect partner in the block on Monday cited Ration Petroleum…

North Star Renewables Secures $131M Loan to Build Offshore Wind Vessels

Aug 23, 2021

North Star Renewables, a North Star Shipping subsidiary established earlier this year to target offshore wind business opportunities, said Monday it had finalized a funding package of £96 million (around $131 million) to build its new renewables vessel fleet…

Neptune Energy Brings Online Duva Field, Off Norway

Aug 23, 2021

Neptune Energy-operated Duva offshore development in Norway has started production, making it Neptune’s third major project to come onstream in 2021 after following Gjøa P1 in Norway in February and Merakes in Indonesia in April. Located in the North Sea off Norway…

Only 15km Left to Finish Nord Stream 2 Pipeline, Putin Says

Aug 23, 2021

There are only 15 km (9 miles) left to finish the Nord Stream 2 gas pipeline from Russia to Germany that bypasses Ukraine, Russian President Vladimir Putin said on Friday.The $11 billion project doubling the capacity of the first Nord Stream…

Worley Lands Jansz-Io Compression Gig with Chevron

Aug 23, 2021

U.S. oil giant Chevron has awarded the Australian engineering firm Worley a contract for the provision of engineering and construction management services in support of Chevron’s recently sanctioned $4 billion Jansz-Io Compression (J-IC) project in Australia…

PTTEP Names New CEO

Aug 23, 2021

Thai oil company PTTEP has appointed its President Montri Rawanchaikul as the new Chief Executive Officer (CEO) and Director.He will replace Phongsthorn Thavisin who will end his roles with PTTEP on September 30, 2021. The appointment of the new CEO and Director will be effective from October 1…

Santos Selects Altera for Dorado FPSO FEED

Aug 23, 2021

Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in two phases…

Minister Blasts Activists Protesting Against Offshore Seismic Blasting in Australia

Aug 20, 2021

Australian Minister for Resources and Water Keith Pitt said Thursday that protestors attempting to disrupt gas exploration to the west of King Island in Australia's Bass Strait were wasting time and energy and has called for them to allow ConocoPhillips to proceed with work…

DOF Subsea Nets Contract Extension in Africa

Aug 20, 2021

Oslo-listed offshore vessel operator DOF Subsea has secured a 6-month extension to a contract in Africa.The company said that the project, with an unnamed client and at an undisclosed location, would continue using the Skandi Seven throughout the extended duration…

Baron Oil Increases Stake in UK Offshore Block Containing Promising Dunrobin Prospect

Aug 20, 2021

Baron Oil has increased its interest in a UK North Sea offshore block containing the Dunrobin prospect, dubbed one of the few remaining sizeable undrilled UK North Sea targets.Baron Oil said this week that Corallian and Upland, its partners…

Karoon Energy Names New CFO

Aug 20, 2021

Australian oil and gas company Karoon Energy has this week named Ray Church as Executive Vice President and Chief Financial Officer.Church will start with Karoon on  September 27. 2021. Current Chief Financial Officer,  Scott Hosking, will oversee…

Solstad Sells Sea Panther AHTS for Recycling

Aug 20, 2021

Norwegian offshore vessel operator Solstad Offshore said Friday it had sold its AHTS Sea Panther vessel for recycling.The vessel was sold through Solstad Offshore's subsidiary Solstad Rederi, and the delivery to the buyer took place today August 20th…

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