Offshore Regions News - page 708

 

Aker BP Installs Hod Platform

Aug 10, 2021

Norwegian oil company Aker BP has installed the Hod platform topsides in the North Sea, offshore Norway.In cooperation with Aker Solutions and ABB, Aker BP placed the 2000-tonne topsides on the jacket on the Hod field in the southern part of the North Sea on Sunday…

Edvard Grieg Tie-Back: Lundin Starts Production From Rolvsnes Offshore Field

Aug 10, 2021

Lundin Energy, a Swedish oil firm focused on the Norwegian Continental Shelf, on Tuesday said it had started production from the Extended Well Test (EWT) at its Rolvsnes offshore field, the first subsea tie back development for the Edvard Grieg platform…

Cameroon: Tower Resources to Farm Out Stake in Thali Block to Beluga

Aug 10, 2021

Africa-focused oil and gas firm Tower Resources has signed an agreement to farm out some of its stake in the Thali block offshore Cameroon to Beluga Energy Limited.Under the binding Heads of Agreement, Beluga will take a 49% non-operating working interest in Thali Production Sharing Contract…

Thailand: PTTEP, Chevron Yet to Reach Deal on Erawan Offshore Gas Field

Aug 10, 2021

Thai oil and gas company PTT Exploration and Production Pcl (PTTEP) said last Thursday it had not yet been able to reach an agreement with Chevron about accessing the Erawan gas field in the Gulf of Thailand before it takes over the concession from the U…

Guyana Earns Nearly $80 Mln from 7th Crude Cargo

Aug 09, 2021

Guyana earned nearly $80 million from the seventh crude cargo allocated to the government from the offshore Liza project, the highest figure since exports began in early 2020, the Ministry of Natural Resources said on Monday.The cargo of 1,047…

Shipbuilding: International WTIV Market Represents a $14B Opportunity

Aug 09, 2021

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…

Petronas Moves Forward on Carbon Capture and Storage Project Offshore Malaysia

Aug 09, 2021

Xodus won a deal for the conceptual engineering design contract for Petronas' first complete Carbon Capture and Storage (CCS) project, offshore Malaysia.  The Kasawari CCS project, off the coast of Sarawak, will comprise the capture and processing…

Fugro Completes USV Remote Inspection for Woodside

Aug 06, 2021

Fugro has used its first operational Blue Essence uncrewed surface vehicle (USV), the 12 m Fugro Maali, to complete an entirely remote nearshore inspection of three gas trunklines in the North West of Australia for the Woodside operated North West Shelf Project…

Petrobras Charters Solstad CSV in Brazil

Aug 06, 2021

Norwegian offshore service and supply ship shipping company Solstad Offshore announce it has secured a new contract for one of its construction support vessels (CSV) with Petrobras offshore Brazil. Financial details of the deal were not disclosed…

Woodside Hikes Scarborough Cost Estimate to $12 Billion

Aug 05, 2021

Woodside Petroleum Ltd, Australia's top independent gas producer, said on Wednesday it had raised the cost estimate for its Scarborough project by 5% as it worked towards a final investment decision this year.Woodside has pinned its hopes on Scarborough…

ESVAGT Lands Contracts with TotalEnergies in Denmark

Aug 05, 2021

ESVAGT announced on Thursday it has closed several contracts with TotalEnergies as part of the marine spread for the Danish part of the North Sea.The agreements involve the overall safety emergency response plus transport and transfer of goods…

Petrobras Post Strong Results as Crude Rises, Gas Strengthen

Aug 05, 2021

Brazil's Petrobras beat second quarter profit estimates on Wednesday, as higher Brent prices, strong natural gas sales and relatively controlled expenses boosted the company's bottom line.In an evening securities filing, Petroleo Brasileiro SA…

US Senate Democrats Target Big Oil for Carbon Polluters Fund

Aug 04, 2021

A group of Democratic U.S. senators on Wednesday unveiled legislation establishing a $500 billion fund to be financed by Big Oil and other 'carbon polluters' that they hope to attach to broader climate control legislation expected later this year…

Oceaneering Secures Integrity Management Services Contract in PNG

Aug 04, 2021

Oceaneering International, Inc. announced its Integrity Management and Digital Solutions (IMDS) segment has won a new multi-year contract in Papua New Guinea (PNG) with a major operator.The contract is for a duration of three years plus two one-year extensions…

NOAA's Revised Hurricane Outlook Sees More Storms in 2021 Atlantic Season

Aug 04, 2021

The National Oceanic and Atmospheric Administration (NOAA) on Wednesday revised upward its outlook for the 2021 Atlantic hurricane season, estimating there was a 65% chance of an above-normal season compared with a previous report that called for a 60% chance…

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