Offshore Regions News - page 4

 

Pemex Swings to Profit, But Provider Debt Hits Record

Feb 27, 2024

Mexico's Pemex reversed losses in the last three months of 2023 but its overall debt burden remained the highest of any oil company in the world, with billions of dollars due to bond holders and service providers.The state-run company posted a profit of 106…

Brand New FPSO for Mero Oil and Gas Field Heads to Brazil

Feb 27, 2024

The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set sail from China to its deployment site at Mero field, in Santos Basin, offshore Brazil.The Marechal Duque De Caxias FPSO set sail from China on February 24…

Helix Secures Deepwater Well Intervention Contract in West Africa

Feb 27, 2024

U.S.-based oil and gas services firm Helix Energy Solutions has been awarded a deepwater well intervention contract award by Esso Exploration and Production Nigeria (Esso) at Erha and Usan fields, offshore Nigeria.The project is expected to…

Congo’s First LNG Cargo to Set Sail in Coming Days

Feb 27, 2024

The first LNG cargo from Eni's Congo LNG project is currently being loaded and will sail to Piombino’s regasification terminal in Italy in the coming days.With the first cargo, the Republic of the Congo enters the group of LNG exporting countries…

Aramco Inks $6B Procurement Deals

Feb 27, 2024

Saudi oil giant Aramco has signed 40 corporate procurement agreements worth $6 billion with suppliers in the Kingdom of Saudi Arabia.The agreements aim to advance localization program, strengthen domestic supply chain, and contribute to the…

CorPower Ocean Verifies All Key Aspects of C4 Device in Wave Power Breakthrough

Feb 27, 2024

Swedish developer CorPower Ocean has completed the first cycle of ocean commissioning program of its C4 wave energy device offshore Portugal, verifying all key aspects of the system and marking a ‘crucial milestone’ for the wider wave energy sector…

Norway Gives Production Go-Ahead for Aker BP-Operated Hanz Field

Feb 27, 2024

The Norwegian authorities have approved the start-up of production on the Hanz accumulation on the Ivar Aasen field in the North Sea.The development solution involves reusing the subsea installations on the Jette field, which was shut down in 2016…

BP Starts Production at East North Flank of Giant Shah Deniz Gas Field

Feb 27, 2024

BP has started production from the East North flank of the Shah Deniz field in Azerbaijan, which is one of the largest gas-condensate fields in the world and the largest gas discovery ever made by BP.The East North flank, part of Shah Deniz 2 development…

BOEM to Decide on Massachusetts’ New 2.6GW Offshore Wind Project in April

Feb 27, 2024

The U.S. Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the proposed 2.6 GW New England Wind project offshore Massachusetts, being proposed by Avangrid’s unit Park City Wind.BOEM estimates the proposed project would generate up to 2…

SNEPCo Wraps Up Remotely Controlled Well Completion Op Offshore Nigeria

Feb 27, 2024

Shell Nigeria Exploration and Production Company (SNEPCo) has performed the first remotely controlled well completion operation at Bonga field, offshore Nigeria.The operation was conducted at the Bonga field, in 1,060 meters water depth. The…

Noble Jack-Up Rig Gets Work Offshore Norway

Feb 27, 2024

Offshore drilling contractor Noble Corporation has secured a one-well contract with Norwegian oil and gas company DNO Norge for its ultra-harsh environment jack-up rig Noble Invincible.DNO Norge will use the Noble Invincible rig to drill an exploration well on PL1086 license…

Balmoral Comtec Names Lowdon Nonexecutive Director

Feb 26, 2024

Balmoral Comtec, a division of Balmoral Group and a key player in the offshore energy supply chain, announced it has appointed Dr. Alan Lowdon OBE as nonexecutive director, in move aiming to strategic Balmoral's offshore wind ambition.Lowdon…

New Agreement to Kickstart Salem Offshore Wind Terminal

Feb 26, 2024

The Massachusetts Clean Energy Center (MassCEC), Crowley Wind Services and the City of Salem announced the transfer of ownership and an agreement for site improvements and ongoing operations for the Salem Offshore Wind Terminal.The agreement…

Spain Starts Consultation on New Offshore Wind Rules

Feb 26, 2024

Spain has opened a public consultation on a new set of rules for offshore wind energy production, laying the groundwork for auctions of sea-based concessions, the Energy Ministry said on Monday.The sector had been urging the government to publish…

Siemens Gamesa Rolls Out First Moray West 14MW Offshore Wind Turbine Nacelles

Feb 26, 2024

Siemens Gamesa has produced the first nacelles for over 14 MW-rated offshore wind turbines that will be deployed at Moray West offshore wind farm in Scotland.The nacelles were produced at Siemens Gamesa’s Cuxhaven factory in Germany. According to the company…

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