Offshore Regions News - page 373

 

LNG: Asian Spot Prices Fall as Woodside Averts Strike

Aug 25, 2023

Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.The average…

Hellenic Cables Awarded Cable Contract for Gennaker Offshore Wind Farm

Aug 25, 2023

Hellenic Cables announced it has been awarded an EPCI contract for the grid interconnection of the Western Offshore Substation of Gennaker Offshore Wind Farm in the Baltic Sea, off Germany.Hellenic Cables, the cables segment of Cenergy Holdings…

Australia Union Threatens Strikes at Chevron LNG Facilities

Aug 25, 2023

Unions at Chevron's LNG facilities in Australia warned on Friday that work stoppages could cost the U.S. energy major billions of dollars if demands over wages and conditions were not met.The warning came even as workers at a nearby Woodside…

PGS Awarded 3D Seismic Project Offshore Africa

Aug 24, 2023

Marine geophysical company PGS announced it has been awarded a 3D exploration acquisition contract offshore Africa.One of PGS' Ramform Titan Class vessel is expected to mobilize for the survey in the fourth quarter, subject to final approvals…

Offshore Wind: US Shipbuilders Answering the Call

Aug 24, 2023

It’s a big deal when a U.S. president visits an American shipyard, and these trips always send a message. When President Obama spoke at HII’s Newport News Shipbuilding in 2013, he warned of the consequences of sequestration. President Trump’s 2020 speech at Fincantieri Marinette Marine touted a $5…

Harbour Energy Tempers Production Outlook

Aug 24, 2023

Harbour Energy narrowed its annual production forecast range on Thursday, pulled down by a halt in sub-sea and platform drilling and a delay in some Beryl oilfield production wells coming online.Shares in Britain's largest North Sea oil and gas producer fell by more than 2% in morning trade…

Morgan Stanley Gets Behind Crowley's Offshore Wind Push

Aug 24, 2023

Morgan Stanley's infrastructure investment arm is teaming up with U.S. maritime, energy and logistics solutions company Crowley to advance offshore wind energy solutions for the United States.Investment funds managed by Morgan Stanley Infrastructure Partners (MSIP)…

Lebanon Grants License to Conduct Seismic Studies in Offshore Block 8

Aug 24, 2023

Lebanon on Thursday granted a license to conduct seismic studies on its offshore Block 8 to the companies Bright Skies and GeoX, caretaker energy minister Walid Fayad said.Lebanon hopes gas and oil discoveries will help it to reverse a crippling…

Autonomous Vehicles Used for O&M at the Deutsche Bucht Offshore Wind Farm

Aug 24, 2023

A recent pilot project has verified the application of autonomous surface and subsea platforms for operations and maintenance (O&M) at the Deutsche Bucht Offshore Wind Farm, located in the German North Sea.The July 2023 project was commissioned…

TechnipFMC Awarded More Work for TotalEnergies' Girassol Life Extension

Aug 23, 2023

TechnipFMC announced it has been awarded a contract from TotalEnergies to install flexible pipe and associated subsea structures for the Girassol life extension project in Angola's offshore Block 17.TechnipFMC labeled the contract as “significant”…

Equinor Awards SLM Project to Ocean Installer

Aug 23, 2023

Offshore installation firm Ocean Installer on Wednesday announced it has been awarded a subsea lines modification (SLM) project from Norwegian energy company Equinor covering work at Visund, Vigdis, Åsgard fields and Northern Lights CO2 Pipeline…

Wintershall Dea Starts Production at Dvalin Field Off Norway

Aug 23, 2023

Wintershall Dea on Wednesday announced it has started production from the Dvalin gas field in the Norwegian Sea together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market.The field helps underpin…

Guyana's Oil Boom Grabs Bigger Share of European Market

Aug 23, 2023

Guyana has gained a larger share of Europe's oil market this year, vessel monitoring data showed, driven by rising output by a consortium led by ExxonMobil and strong demand for light sweet crude grades amid a reshuffling of global oil flows…

Jadestone Working to Restore Montara Venture FPSO Production

Aug 23, 2023

Jadestone Energy said it is making progress toward resuming production from the Montara Venture floating production storage and offloading (FPSO) unit offshore Australia.The Asia Pacific-focused independent oil and gas production company in…

MacArtney Supplies Storage and Handling System for Viking Link Spare Cable

Aug 23, 2023

By the end of 2023, a high voltage direct current electricity link called Viking Link will be able to facilitate electricity exchange between Great Britain and Denmark. MacArtney Offshore Wind Solutions collaborated with Energinet to develop…

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