Offshore Regions News - page 5

 

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

Nov 26, 2021

Thailand's state-owned oil firm PTT is set to expand further into pharmaceuticals as part of a consortium acquiring a unit of drugmaker Alvogen, the parent of Taiwan's Lotus Pharmaceutical, PTT said on Friday.A consortium of PTT and Icelandic…

NEO Energy to Buy JX Nippon's UK Oil and Gas Business

Nov 26, 2021

NEO Energy has struck a deal to buy JX Nippon Exploration and Production (U.K.) Limited from its Japan-based parent company JX Nippon Oil & Gas Exploration Corporation, part of Eneos Group.JX UK holds non-operated interests in several producing…

New Worley Chief Financial Officer Set to Assume Role Next Week

Nov 26, 2021

Australian engineering firm Worley said Thursday that Tiernan O'Rourke would assume the position of Chief Financial Officer (CFO) on November 29.O'Rourke's appointment was announced back in August when Worley said he'd start in the position 'later this calendar year…

Norwegian Oil Minister Attends Opening of Neptune's Gjøa P1 and Duva Fields

Nov 26, 2021

Oil and gas company Neptune Energy hosted Norway’s recently appointed Minister of Petroleum and Energy, Marte Mjøs Persen, and senior industry figures at the official opening of the Neptune-operated Gjøa P1 and Duva fields in the Norwegian North Sea…

Australian Parliament Clears Way for Offshore Wind Farms

Nov 26, 2021

Australia's parliament on Thursday passed legislation setting a framework for developing offshore wind farms and transmission lines, in a big boost to several multibillion-dollar proposed projects as the country looks to replace coal-fired power…

Bladt Industries' Transition Pieces for Vattenfall's Danish Offshore Wind Farms

Nov 26, 2021

Danish offshore energy industry services firm Bladt Industries has won a deal with wind farm developer Vattenfall to deliver Transition Pieces (TP) for the two Danish offshore wind farms, Vesterhav Syd and Vesterhav Nord.The contract is for…

Equinor, Partners to Invest $1.1 B in Further Development of Oseberg Field

Nov 26, 2021

Norwegian oil and gas company Equinor has with its partners, submitted an amended plan for development and operation (PDO)  to the minister of petroleum and energy Marte Mjøs Persen for the further development of the Oseberg field, with an increased focus on gas production…

Petrobras Awards Long-term Charters for Seadrill Drillship Duo

Nov 26, 2021

Offshore drilling company Seadrill has won two contracts with Brazil's Petrobras for the West Carina and West Tellus drillship.The two rigs will work on the Búzios field offshore Brazil. Both contracts have been signed on a 3-year fixed-term basis…

First Steel Cut, Name Revealed for Seaway 7's WTIV

Nov 26, 2021

Seaway 7, a company specializing in offshore wind installation services, has informed that construction has started for its next-generation Wind Turbine Installation Vessel (WTIV) at the China Merchants Heavy Industry (CMHI) facility in Jiangsu…

Gazprom Boosts Investments to $24 Billion in 2022

Nov 25, 2021

Russian gas giant Gazprom said on Thursday its management had approved investments worth 1.76 trillion roubles ($24 billion) for 2022, up from initial plans of 902 billion roubles for 2021, to fund new production and refining hubs.Gazprom is developing new gas production deposits…

Greece Teams up with Egypt on Gas Supply, Infrastructure

Nov 25, 2021

Greece and Egypt agreed on Thursday to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.Greece, which mainly imports gas from Algeria…

Portugal to Hold First Auction of Right to Install Floating Solar Panels

Nov 25, 2021

Portugal has launched its first auction for the right to install floating solar parks on the waters of seven of the country's dams, with a total production capacity of 263 megawatts.Floating panels are being tested around the world, and Portugal's…

Atlantic Canada’s First Instream Tidal Energy Set for Delivery in Early 2022

Nov 25, 2021

Sustainable Marine is set to demonstrate that Nova Scotia can produce vast amounts of clean and predictable energy from its world-famous tidal streams, after completing construction of its substation at Grand Passage.“We are on target to connect…

Manifold Installed at Neptune-operated Seagull in the UK

Nov 25, 2021

Neptune Energy and its joint venture partners bp and JAPEX have completed the installation of the manifold and umbilical for the Seagull project in the U.K. Central North Sea.TechnipFMC, working under the Neptune Energy Alliance Agreement, undertook…

BP Starts Production at Angola's Platina Oilfield

Nov 25, 2021

BP said on Thursday it had started production at the Platina oilfield offshore Angola, helping Africa's second biggest oil exporter slow a decline in output.The Platina field will be linked to BP's existing Greater Plutonio floating production…

Current News

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Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

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Carbon Transition in Utsira Multi-Client Seismic Data Deal

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT

3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT

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