Latest News - page 20


Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Oct 22, 2024

Yinson Production has completed the sale of minority stake in floating, production, storage and offloading (FPSO) unit Anna Nery, working for Petrobras offshore Brazil, to “K” Line for $49 million.Yinson Production sold its 11.8% stake in Yinson Boronia Consortium…

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

Oct 22, 2024

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia formerly known as Baron Oil, has delayed the start of drilling operations for the Chuditch-2 appraisal well off Timor Leste to the second quarter of 2025Sunda Energy…

Vaar Energi Exceeds Profit Expectations, Plans 8 New Oil and Gas Projects in 2025

Oct 22, 2024

Oslo-listed Vaar Energi, majority-owned by Italy's Eni, on Tuesday reported a stronger than expected third-quarter operating profit and guided for lower costs in 2024, boosting its shares in early trade.Its earnings before interest and tax (EBIT)…

CNOOC Starts Production at Another Oil Field in South China Sea

Oct 22, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought onstream another oilfield development in South China Sea ahead of schedule.The development, the Xijiang 30-2 oilfield Xijiang 30-1 block development project…

More Wells Come Onstream as Drilling Ops Wrap Up at BW Energy-Operated Block Off Gabon

Oct 22, 2024

BW Energy and its partners have completed production drilling campaign at Dussafu Marin Permit offshore Gabon, bringing the oil production at the development to the highest quarterly rate since the start-up in 2018.Dussafu Marin Permit, operated by BW Energy with 73…

US Government Invests $17 Million in Offshore Renewable Technology

Oct 21, 2024

The U.S. departments of Energy (DOE) and the Interior (DOI) announced the selection of 14 projects totaling nearly $17 million to further support durable and environmentally responsible U.S. offshore wind energy and marine energy deployments…

TDI-Brooks Concludes Geotechnical Campaign Off Turkey

Oct 21, 2024

TDI-Brooks, a U.S.-based marine services company specializing in geotechnical and offshore survey projects, has completed its fifth geotechnical investigation for DenAr Ocean Engineering in Black SeaThe RV NAUTILUS was dispatched to the Black Sea from the US East Coast to facilitate this operation…

Subsea Digitalization: Remote Control

Oct 21, 2024

The more production infrastructure we push to the seabed, the more data we need to pull back up. With it comes opportunity.Chevron’s landmark 6,500 tons of subsea gas compression infrastructure for Jansz-Io demonstrates the scale of what is being put on the seabed…

Norway Misses September Gas Output Mark

Oct 21, 2024

Norway's combined petroleum utput lagged an official forecast by 1.7% in September as gas production was lower than expected, the Norwegian Offshore Directorate (NOD) said on Monday.Norway is Europe's largest supplier of natural gas and a major producer of oil…

Did You Know? Email Remains First 'Go-To' for Cyber Attack

Oct 21, 2024

During the first half of the year, Marlink’s Security Operations Center actively monitored more than 1800 vessels across the maritime industry, including cargo ships, cruise liners, research vessels, superyachts, tankers, and offshore support vessels…

CRC Evans Wraps Up Welding Job Offshore Nigeria

Oct 21, 2024

CRC Evans, a company offering welding and coating services to the energy sector, has completed its work scope to deliver a range of welding services to support First E&P’s Alpha Project located offshore Nigeria.A greenfield development, Project…

TAQA Unveils Inflow Control System for Optimized Reservoir Performance

Oct 21, 2024

Saudi Arabia-based oilfield services company TAQA has launched its next-generation inflow control system, enabling operators to optimize reservoir performance while sustainably managing fluid production.The M4 Inflow Control System dictates…

Community Offshore Wind Presents Largest New York’s Offshore Wind Project to Date

Oct 21, 2024

Community Offshore Wind, a joint venture of RWE and National Grid Ventures (NGV), has submitted its full proposal for a 2.8 GW offshore wind project in New York.If selected, the proposed project could deliver up to 2.8 GW of new clean energy capacity…

Ørsted Sets Forth Proposal for New York’s Long Island Wind Project

Oct 21, 2024

Ørsted has submitted a finalized proposal for its Long Island Wind project, a 1,485 MW offshore wind project that could power up to one million New York homes with renewable energy.With commercial operation starting in 2033, Long Island Wind would deliver up to 1…

Statkraft Outlines Plans for 2.1 GW Offshore Wind Farm in Sweden

Oct 21, 2024

Statkraft has submitted a planning application for the 2.1 GW Baltic Offshore Delta North bottom-fixed offshore wind farm in the Baltic Sea.The Delta North windfarm is located in Sweden’s economic zone, approximately 100 kilometers east of Stockholm and 55 kilometers east of Sandham island…

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