Offshore Regions News - page 873

 

Tailwind Energy Hits First Oil From UK North Sea

Dec 11, 2018

New UK North Sea-focused oil and gas company Tailwind Energy has announced first oil from the 100% owned Gannet E redevelopment to the Triton FPSO.  The London-based contracts services company for North Sea work said in a press note that the…

Canada Issues Call for Bids Off Nova Scotia

Dec 10, 2018

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has issued Call for Bids NS18-3, which includes two industry-nominated parcels. The NS18-3 parcels are located in shallow water, with maximum water depths up to 100 meters, on the Scotian Shelf…

Belov to Build, Operate DSV Duo for Petrobras

Dec 10, 2018

A wave of renewed investment approaching the deep waters offshore Brazil has rekindled demand for new, highly-specialized vessels.Underwater service providers play a major role in maintaining offshore assets by performing diving operations and remotely operated underwater vehicle (ROV) surveys…

Modus Completes Vashishta Trenching

Dec 10, 2018

Modus Seabed Intervention Limited said it has trenched to specification the ONGC Vashishta pipelines and umbilical offshore India for McDermott International.The work scope included the trenching and surveying of two 18-kilometer pipelines with outside diameters of up to 579 millimeters…

AREG Membership on the Rise

Dec 10, 2018

Aberdeen Renewable Energy Group (AREG) reports it has seen its membership numbers rise over the past 12 months with an increase in the number of companies supporting both the offshore wind and wave and tidal sectors.Among the 25 new sign-ups are marine engineering firm EC-OG…

Neptune Completes VNG Norge Integration

Dec 10, 2018

Neptune Energy announced Monday it has completed the integration with the former VNG Norge business. The integrated business, Neptune Energy Norge, will be among the top five independent producers on the Norwegian Continental Shelf by equity…

Eni Makes New Oil Find Offshore Angola

Dec 10, 2018

Italy's Eni said it ha struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.The discovery, estimated to contain between 170 and 200 million barrels of light oil in place, was made in the Afoxé-1 NFW well located in the southeast area of Block 15/06…

Eni Starts Production at Vandumbu Field

Dec 10, 2018

Italy's Eni said it has started production from the Vandumbu field in Block 15/06 through West Hub N’Goma floating production, storage and offloading unit (FPSO).Block 15/06 is located approximately 350 kilometers northwest of Luanda and 130 kilometers west of Soyo…

Malaysia Agrees to Extend Oil Output Cut

Dec 10, 2018

Malaysia will extend its oil production cuts by another six months after the agreement between OPEC and other oil producers to reduce global supply ends this year.OPEC and non-OPEC producers agreed at a meeting in Vienna on Friday to a new level of production cuts from January to June 2019…

UKCS Still Worth Investment Despite Brexit -Equinor

Dec 10, 2018

Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.British Prime Minister Theresa May abruptly decided…

Rovco Awarded Funding for 3D Visualization Project

Dec 10, 2018

Remotely operated underwater vehicle (ROV) and hydrographic survey company Rovco predicts its integrated technology that utilizes advanced 3D computer vision and artificial intelligence (AI) systems with ROV platforms could transform the way…

Shell to Go Ahead with Shearwater Gas Expansion

Dec 10, 2018

Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the ageing basin this year.The project, a joint venture with Exxon Mobil and BP, will include a modification…

Total Denied Permit to Drill Amazon Basin

Dec 07, 2018

Brazil environmental regulator Ibama on Friday said it had denied a permit to French oil major Total SA to drill in the environmentally sensitive Foz do Amazonas Basin for a fifth and final time.Ibama said in a statement that it agreed with…

Ophir Makes Paus Biru Gas Discovery

Dec 07, 2018

U.K.-based Ophir Energy announced Friday its Paus Biru-1 exploration well in Sampang PSC offshore Indonesia has resulted in a gas discovery.The well was drilled to a total measured depth (MD) of 710 meters and encountered 29 meters of estimated…

UK Awards First Carbon Capture Storage License

Dec 07, 2018

The U.K. Oil and Gas Authority (OGA) announced Thursday it has awarded its first carbon dioxide (CO2) appraisal and storage license as an independent regulator.The award has been made to Pale Blue Dot Energy (Acorn) Ltd (PBD) for the Acorn Carbon Capture and Storage (CCS) Project…

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