Offshore Regions News - page 652

 

PXGEO Completes 4D OBN Program for Petrobras in Brazil

Nov 29, 2021

Marine seismic contractor PXGEO has completed the Sapinhoa 4D Baseline ocean bottom node program in the deepwater Santos Basin, offshore Brazil, for the BMS-9 consortium, which is controlled by Petrobras.The four-month project, which used PXGEO's Manta OBN technology…

Equinor Exits Ireland with $434M Sale of Corrib Gas Field Stake to Vermilion Energy

Nov 29, 2021

Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy.The transaction is organized through a share sale of Equinor Energy Ireland Limited, a company 100% owned by Equinor ASA…

Germany Working with U.S. on Nord Stream 2 Pipeline Deal

Nov 29, 2021

Germany said on Sunday it was continuing to work closely with the United States on implementing a deal on the Nord Stream 2 pipeline, which runs under the Baltic Sea and carries gas from Russia to Germany.Germany's foreign ministry said it continued to coordinate closely with the U…

Expro Reels in $50M Worth of Subsea Contracts in Malaysia, Australia

Nov 29, 2021

Oilfield services firm Expro said Monday it had secured four 'significant' subsea well access contracts in Malaysia and Australia worth more than $50 million. Two contracts are in Australia and two in Malaysia. One contract is with Shell in Malaysia…

Snam Buys Stake in Algerian Gas Pipelines from Eni

Nov 29, 2021

Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.Europe's biggest gas infrastructure group said on Saturday it would pay energy company Eni 385 million euros ($436 million) for a 49…

Shell, CoensHexicon JV Gets EBL for Floating Wind Project in South Korea

Nov 29, 2021

MunmuBaram, a joint venture between Shell and CoensHexicon, has secured an Electricity Business License (EBL) for its floating offshore wind project off the coast of Ulsan, South Korea. The EBL from the Ministry of Trade, Industry, and Energy…

Iran, Turkmenistan, Azerbaijan in Gas Swap Deal

Nov 29, 2021

Iran, Turkmenistan, and Azerbaijan have signed a gas swap deal for up to 2 billion cubic meters (bcm) per year, Iranian state news agency IRNA reported on Sunday.Under the swap deal, Iran will receive gas from Turkmenistan and deliver an equivalent amount to Azerbaijan at the Astara border…

Australia: Western Gas Hires Valaris Offshore Rig for 'High-impact' Sasanof Offshore Well

Nov 29, 2021

Australian oil and gas company Western Gas has signed a formal contract with offshore drilling firm Valaris for the MS-1 semi-submersible rig to drill the Sasanof-1 exploration well.The Sasanof-1 exploration well is in permit WA-519-P in Commonwealth waters about 207 km northwest of Onslow…

UK North Sea: CNOOC Brings Online Buzzard Phase II

Nov 29, 2021

Chinese oil and gas company CNOOC has started production from the Buzzard Phase II development in the UK North Sea.Buzzard Phase II sits around 100 kilometers northeast of Aberdeen, Scotland, with an average water depth of approximately 96 meters…

Noreco CEO Resigns

Nov 29, 2021

David B. Cook, the Chief Executive Officer of the oil and gas company Noreco, has resigned from his position and from the company board of directors.Noreco, which is working with TotalEnergies to redevelop the Tyra offshore gas field in Denmark…

Indonesia Offers 8 Oil and Gas Blocks for Bids

Nov 29, 2021

Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday.The oil and gas blocks had a total capacity of…

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Nov 26, 2021

Denmark will hold a lottery on Dec. 1 to pick the winner of a contest to build the 1 gigawatt Thor offshore wind farm, which will be the country's largest, after several bids were made at a minimum subsidy price close to zero, it said on Thursday…

Lebanon Re-launches Second Offshore Oil and Gas Round

Nov 26, 2021

Lebanon re-launched a second offshore oil and gas licensing round for eight remaining blocks on Friday, with the deadline for submission of bids set for June 15, 2022, the Lebanese Petroleum Administration said on its website.The round was initially…

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…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine