Offshore Regions News - page 1017

 

Malaysia Could List Petronas' Exploration Arm

Sep 27, 2019

Malaysia is considering listing the exploration and production arm of state energy company Petronas, the world's third-biggest exporter of liquefied natural gas, state news agency Bernama reported on Friday citing Prime Minister Mahathir Mohamad…

Sapura Energy Reports Asia Contracts

Sep 27, 2019

Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…

Turkish Drillship Completes Operations off Cyprus

Sep 27, 2019

One of Turkey's two drill ships in the eastern Mediterranean has completed operations in Karpaz, off the northeastern coast of Cyprus, Turkish Energy Minister Fatih Donmez said on Friday.EU member Cyprus and Turkey have argued for years regarding…

Santos, BP Win Western Australia Acreage

Sep 27, 2019

Santos said it has been awarded new acreage offshore Western Australia, in a 50-50 joint venture with BP.Santos will operate the new permit, WA-541-P, in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin…

Var Energi Buys Exxon's Norway Assets for $4.5 Bln

Sep 26, 2019

ExxonMobil said on Thursday it will sell its Norwegian upstream oil and gas assets to independent exploration and production company Vår Energi for $4.5 billion as part of an ongoing large-scale global divestment plan.The deal, which is expected to close in the fourth quarter…

Chariot Still Evaluating Drilling Failure in Namibia

Sep 26, 2019

After a disappointing well-drilling venture offshore Namibia in the fourth quarter of 2018, Guernsey-registered hydrocarbons exploration and production company Chariot Oil & Gas has no immediate plans for additional exploration wells in this driest country in Sub-Saharan Africa…

Archer to Reactivate Topaz for North Sea Gig

Sep 26, 2019

Archer said it has secured a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.The firm contract commitment is for permanent plugging and abandonment of two wells and recovery of conductors…

i-Tech 7 Completes LLOG Job in the US

Sep 26, 2019

Subsea 7’s Life of Field business unit i-Tech 7 said it has completed a subsea decommissioning and abandonment project for LLOG Exploration Co. in the Gulf of Mexico, using its smart skid technology.Seeking better ways to flush three flowlines…

Montara Umbilical Cables Replaced

Sep 26, 2019

Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia.The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…

Macquarie Acquisition of German Offshore Wind Approved

Sep 26, 2019

The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicredit…

Craig International Wins Petrofac Contract

Sep 25, 2019

Oilfield procurement specialist Craig International said it has been awarded its first contract with Petrofac in the UK.The company will provide third party procurement services and supply general oilfield products to support Petrofac’s offshore operations in the North Sea…

Wintershall DEA Considering Libya Exit

Sep 25, 2019

Oil and gas group Wintershall DEA is considering exiting Libya following a clash with the country's National Oil Corporation (NOC) over licences, German daily Handelsblatt reported on Wednesday.Wintershall DEA's Chief Executive Mario Mehren and Hans-Ulrich Engel…

HALO Acquires North Sea Assets

Sep 25, 2019

Oil and gas company Hague and London Oil (HALO) said it has reached an agreement to acquire a group of assets in the Dutch and UK sectors of the North Sea from ONE-Dyas (OND).These interests consist of 7.9% of the Sillimanite Development Unit…

ALE Awarded Subsea 7 Contract

Sep 25, 2019

Heavy transportation and lifting specialist ALE said it has been awarded a steel catenary riser (SCR) and umbilical pull-in contract by Subsea 7 USA. The scope of work included in this contract is for engineering, procurement, fabrication and offshore pull-in operations in the US Gulf of Mexico…

JFO Grows Middle East Footprint

Sep 25, 2019

Offshore engineering solutions provider James Fisher Offshore (JFO) said it will establish bases in Saudi Arabia and Dubai in a move to deliver efficiencies across multiple regional projects through an enhanced Middle Eastern footprint.The UK…

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