Offshore Energy News - page 51


Q+A-What is Known about the Nord Stream Gas Pipeline Explosions?

Sep 27, 2023

One year on from explosions that damaged the Nord Stream gas pipelines under the Baltic sea between Russia and Germany, the question of who was behind them is unresolved.On Sept. 26, 2022, Swedish seismologists registered several blasts, some…

AUV Specialist Argeo Partners Up With Marine Seismic Giant Shearwater GeoServices

Sep 27, 2023

Argeo, a provider of robotic and digital solutions for the ocean space, and Shearwater GeoServices, a global provider of geophysical marine seismic acquisition and processing services, have entered a strategic alliance for innovating and pioneering…

Equinor and Ithaca Energy Greenlight $3.8 Billion Investment in UK's Largest Undeveloped Offshore Field, Rosebank

Sep 27, 2023

Norwegian oil and gas company Equinor and its UK-based partner Ithaca Energy said Wednedsay they had taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf, together investing $3.8 billion in the development…

BOEM Postpones Oil and Gas Lease Sale 261

Sep 27, 2023

The U.S. Interior Department's Bureau of Ocean Energy Management (BOEM) said on Tuesday it will postpone its next sale of oil leases in the Gulf of Mexico.The agency said it will not hold Lease Sale 261 on September 27, 2023, as originally planned as a result of last week's ruling by the U…

Portugal's EDP, Galp Say Price is Key for Offshore Wind Auction

Sep 26, 2023

The bosses of Portuguese utility EDP and oil company Galp on Tuesday warned the government the guaranteed price of the power generated will be key to preventing the first auction of floating offshore wind farms from failing like a recent one in Britain…

First Monopiles for Giant U.S. Offshore Wind Project Set Sail

Sep 26, 2023

German offshore wind monopile maker EEW SPC said Monday that the first eight monopiles for the Dominion Energy Coastal Virginia Offshore Wind Project in the U.S. were loaded at the Rostock quayside in Germany, and set sail for the U.S. on September 21…

Malaysian FPSO Firm Bumi Armada Gets Hold of Indonesian Block with Two Discoveries

Sep 26, 2023

Bumi Armada Berhad, a Malaysian company known for its FPSO leasing business, said Monday it had, via its subsidiary Armada Akia B.V (“AABV”) and its co-bidder, Pexco Tarakan NV, signed a Production Sharing Contract with the Ministry of Energy…

Egypt Awards Oil and Gas Exploration Blocks to Eni, BP, QatarEnergy, and Zarubezhneft

Sep 26, 2023

Italy's Eni was the big winner in an Egyptian auction for oil and gas exploration rights on Tuesday, securing concessions for two of the four blocks outright, according to results from the petroleum ministry. The company also won a third block with BP and QatarEnergy in the Mediterranean Sea…

Spanish Firm Signals interest in Offshore Wind Farms in Portugal

Sep 26, 2023

Spanish renewable energy firm Capital Energy has submitted requests for a preliminary environmental analysis for three floating offshore wind farms with a total power of 2 gigawatts, Portugal's environmental agency APA said on Monday. In July…

U.S. BOEM Completes Environmental Review of Coastal Virginia Offshore Wind Project

Sep 25, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental review of the proposed Coastal Virginia Offshore Wind (CVOW) commercial project.“The completion of our environmental review marks another step towards…

Maersk Supply Service's Vessel Bags Contract Extension for Angola Subsea Operations

Sep 25, 2023

Maersk Supply Service has secured a contract extension in Angola for its Subsea Support Vessel Maersk Involver for an additional 15 months.The Danish vessel owner said Monday that under the extended contract, the vessel and crew would support various subsea operations off the coast of Angola…

Egypt Launches Oil and Gas Exploration Bidding Round

Sep 25, 2023

Egypt's petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25. The round includes 10 areas in Egypt's Western Desert, two in the Eastern Desert, seven in the Gulf of Suez…

Subsea 7 and OneSubsea Pen Deal with BP for Integrated Subsea Projects

Sep 25, 2023

Offshore installation firm Subsea 7 and SLB's OneSubsea, as part of their Subsea Integration Alliance, have signed a memorandum of understanding (MoU) aimed at forming a framework agreement with BP for integrated subsea developments.Under the framework agreement…

Mexico's First Offshore LNG Plant to Receive Final Piece Soon

Sep 25, 2023

The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.LNG developer…

Biden Administration to Appeal Judge's Order Expanding Gulf Oil Auction

Sep 25, 2023

The Biden administration and environmental groups on Friday said they would appeal a Louisiana federal judge's ruling that ordered an expansion of next week's sale of oil leases in the Gulf of Mexico.The U.S. Interior Department and groups including…

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