Offshore Regions News - page 428

 

Guyana to Complete New Oil Contract Model by Q2 as Offshore Auction Looms

Feb 15, 2023

Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged…

Australian Regulator Accepts Santos' Offshore Project Proposal for Dorado

Feb 14, 2023

The Australian offshore oil and gas safety regulator NOPSEMA has accepted Santos' Offshore Project Proposal (OPP) relating to the Dorado project, one of the largest ever oil discoveries in Australia’s North Western Shelf.'Acceptance of the OPP…

Snøhvit Future: Aibel Wins EPCI Contract for Melkøya Plant Upgrades

Feb 14, 2023

Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, has awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project.The Snøhvit…

Guyana's Oil Conference Starts as Exxon Mulls Adding More Offshore Blocks

Feb 14, 2023

As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…

Russia Says NATO Should Hold Emergency Summit over Nord Stream Blasts

Feb 14, 2023

NATO should hold an emergency meeting to discuss recent findings about September explosions at the Nord Stream gas pipelines, Russia's Foreign Ministry spokeswoman Maria Zakharova said late on Saturday.Investigative journalist Seymour Hersh…

Seaway 7 Wins Multi-million Dollar Offshore Wind Contract

Feb 14, 2023

Subsea 7's renewable energy focused subsidiary Seaway 7 said Tuesday it had won a large offshore wind contract. For Seaway 7, “large” contracts are worth between $300 million and $500 million.The client hasn't been named, but the contract is…

History Made: Energean Announces First Ever Israeli Crude Oil Export

Feb 14, 2023

Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at Energean's Karish offshore field. 'For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets…

Tullow Oil's Ghana Unit Files for Arbitration on Tax Dispute

Feb 14, 2023

Tullow Oil said on Tuesday its Ghana unit filed for arbitration in London over two tax assessments the West Africa-focused oil producer received from local authorities.The tax assessments Tullow disputes amount to $387 million relating to a period from 2010 to 2020…

UK North Sea: Over 700 Bilfinger Workers Balloted for Strike in Pay Dispute

Feb 13, 2023

About forty offshore installations in the UK North Sea could be affected by strike action by Bilfinger workers beginning in early April 2023, over a pay dispute.Unite the union, a workers' rights union in the UK, said Friday that more than 700…

New York Offshore Wind Facility Could Create 420 Direct Jobs

Feb 13, 2023

Wind turbine maker Siemens Gamesa said Monday it planned to build a major offshore nacelle manufacturing facility in New York state. The construction of the plant depends on Siemens Gamesa's wind turbines being selected by the New York authorities in their third offshore wind solicitation…

Talos Energy Completes EnVen Acquisition

Feb 13, 2023

Talos Energy Inc., a U.S.-based offshore oil and gas producer, has completed its previously announced acquisition of EnVen Energy Corporation ('EnVen'). Talos, which owns oilfields in both the U.S. side and the Mexican side of the Gulf of Mexico…

Offshore Support Vessels in High Demand as Solstad Secures New Deals, Extensions

Feb 13, 2023

Norwegian offshore support vessel owner Solstad Offshore said Monday it had secured multiple new contracts and contract extensions.The contracts and extensions are for various platform supply vessels and anchor handling tug supply vessels.'The…

Russia Likely to Spy More on Norway's Energy Industry, Say Norway Security Police

Feb 13, 2023

Russia will seek to gather more intelligence about Norway's oil and gas infrastructure as part of an effort to put pressure on European energy supplies, the Nordic country's police security agency (PST) said in its annual threat assessment on Monday…

Louisiana Slams EPA over Lack of Urgency on Carbon Reduction Project Approvals

Feb 13, 2023

The U.S. Environmental Protection Agency (EPA) is moving too slowly to allow states to permit and oversee carbon-reduction projects, according to Louisiana's governor, slowing millions of dollars in investments designed to tackle greenhouse gas reduction…

JERA to Offload Taiwan Offshore Wind Project Stake Due to Cost and Profitability Issues

Feb 13, 2023

Japan's biggest power generator JERA plans to sell its stake in a yet-to-be-built offshore wind project in Taiwan, Nikkei reported late on Friday, on concerns about high construction costs and low profitability.JERA plans to sell its 44% stake…

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