Offshore Regions News - page 4

 

Perenco Boosts Production at UK’s First Offshore Gas Field

Jul 22, 2024

Perenco UK has completed a campaign of velocity string installations on five wells at the West Sole Charlie platform in the Southern North Sea, improving its gas production.The campaign was conducted by the Petrodec HAEVA rig and has delivered sustained production gains of around +5 MMscf/d…

Australia's Woodside Buys US LNG Developer Tellurian for $1.2B

Jul 22, 2024

Australian oil and gas company Woodside Energy has entered into definitive agreement to buy U.S. liquefied natural gas (LNG) developer Tellurian, including its owned and operated US Gulf Coast Driftwood LNG development opportunity, for a total of $1…

Chinese Wind Turbine-makers Move into Europe as Trade Tensions Flare

Jul 19, 2024

Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the EU industry that it faces an existential threat.Tensions are high between Beijing and Brussels…

SLB Beats Quarterly Profit Estimates on International Drilling Demand

Jul 19, 2024

SLB beat analysts' estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets.Offshore exploration and production as well as drilling in international markets…

India’s ONGC Buys Stake in Caspian Sea Oil Assets from Equinor for $60M

Jul 19, 2024

India’s Oil and Natural Gas Corporation Limited (ONGC) Videsh has signed a definitive $60 million sale and purchase agreement (SPA) with Equinor to increase its stake in the offshore Azeri Chirag Gunashli (ACG) oil field and associated pipeline in Azerbaijan…

ExxonMobil Selling Malaysia Oil and Gas Assets to Petronas

Jul 19, 2024

Exxon Mobil has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country's upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said.The U.S. major…

J+S Subsea Delivers Control Systems for Canadian Oil and Gas Project

Jul 19, 2024

Subsea controls specialist J+S Subsea has completed its first project in Canada, which involved the supply of three subsea battery-powered control systems to maintain integrity of the subsea electrical infrastructure at an offshore oil and gas field…

DOF Group Wins Multiple Deals with Petrobras in Brazil

Jul 19, 2024

Norwegian offshore supply vessel company DOF Group has secured multiple contracts with Petrobras for work offshore Brazil.AHTS Skandi Jupiter and AHTS Skandi Mercury, both under management contracts with DOF, have been contracted by Petrobras…

Noble Corporation Plans Delisting from Danish NASDAQ

Jul 19, 2024

Offshore drilling contractor Noble Corporation has set out plans to voluntarily delist from NASDAQ Copenhagen, as the listing no longer justifies the associated costs.Noble said it will remain traded on the New York Stock Exchange (NYSE), as its primary listing exchange…

Diamond Offshore Inks $89M Drillship Deal

Jul 19, 2024

U.S.-based offshore drilling company Diamond Offshore has signed a contract with BOE Exploration & Production for its Ocean BlackRhino drillship, set for work in the U.S. Gulf of Mexico.The Ocean BlackRhino was awarded a contract with a minimum…

TechnipFMC Secures Subsea Job for Energean’s Development in the Mediterranean

Jul 19, 2024

TechnipFMC has secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by oil and gas company Energean for its Katlan development in the Mediterranean Sea.This is Energean’s first project to use TechnipFMC’s configure-to-order Subsea 2…

Exxon Clash with Chevron Hinges on Control of Hess' Guyana Asset

Jul 18, 2024

Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to people knowledgeable about the argument.The two top U…

Turkey to Send Ship to Search for Oil and Gas Off Somalia

Jul 18, 2024

Turkey will send an exploration vessel off the coast of Somalia later this year to search for oil and gas as part of a hydrocarbon cooperation deal between two countries, Turkish energy ministry said on Thursday.'We will send our Oruc Reis vessel at the end of September…

Bourbon, Opsealog Form Digital Partnership to Cut OSV Fleet Emissions

Jul 18, 2024

Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbon’s global marine and logistics fleet of 104 vessels as part of partnership with Opsealog, aimed at boosting efficiency and reducing greenhouse gas (GHG) emissions…

TGS Extends Deepwater OBN Campaign in West Africa

Jul 18, 2024

Norwegian seismic company TGS has secured the extension contract for the deepwater Ocean Bottom Node (OBN) data acquisition campaign in West Africa.The additional program for a major customer, whose name was not disclosed, will extend the ongoing…

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