Latest News - page 50

 

NOIA Ready to Drive Offshore Energy with Trump Administration

Jan 20, 2025

National Ocean Industries Association President Erik Milito issued the following statement regarding the inauguration of President Donald Trump:'American offshore energy stands as a cornerstone of our nation's greatness. We are committed to…

Chevron Eyes Oil and Gas Exploration Off Greece

Jan 20, 2025

U.S. oil producer Chevron has expressed an interest in exploring for hydrocarbons in Greece, southwest of the Peloponnese peninsula and up to the west of the island of Crete, the Greek energy ministry said on Monday.The ministry added in a statement…

ExxonMobil Makes Gas Discovery Offshore Egypt

Jan 20, 2025

ExxonMobil Egypt, a subsidiary of U.S. oil giant ExxonMobil, has made a gas discovery as part of a drilling campaign in the North Marakia Block offshore Egypt.The drilling of the Nefertari 1 well at an area with at a water depth of 1,720 meters…

UK Firm Finds Local Research Partner to Drive Adoption of OTEC in Brazil

Jan 20, 2025

UK-based company Global OTEC has signed a memorandum of understanding (MoU) with Brazilian research institute COPPE/UFRJ to jointly research the development and viability of Ocean Thermal Energy Conversion (OTEC) projects in Brazil.COPPE/UFRJ…

Qatar Bolsters Safety of Offshore Assets with Vissim’s Monitoring System

Jan 20, 2025

Norwegian technology company Vissim has been hired to deliver a Centralized Vessel Monitoring and Alerting System (CVMAS) to Qatar.The system is designed to enhance safety and security for offshore assets, improve efficiency in vessel logistics…

Tracerco Lands TechnipFMC’s Contract for Mero Field’s Subsea Equipment

Jan 20, 2025

Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region…

BP Restarts Shah Deniz Gas Platform Off Azerbaijan

Jan 20, 2025

BP, operator of the Shah Deniz gas and condensate field development project in Azerbaijan, said on Sunday it had restarted production at the Shah Deniz Alpha gas platform as of late Saturday.'Previously, a technical problem with the subsea condensate…

Six US LNG Cargoes Diverted from Asia to Europe

Jan 20, 2025

Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes…

Enefit Green Picks AFRY for Estonia’s Offshore Wind Farm Design

Jan 20, 2025

Swedish engineering consultancy AFRY has been selected by Enefit Green to deliver front-end engineering design (FEED) services for the 1 GW Liivi Bay offshore wind farm in Estonia.AFRY, in collaboration with its partners, the offshore energy engineering firms Enersea…

Wood Gets Maintenance Work at Esso Australia’s Offshore Assets

Jan 20, 2025

Engineering consultancy Wood has secured a new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, operated by Esso Australia, ExxonMobil's subsidiary.Supporting safe energy production…

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

Jan 20, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Dongfang 29-1 gas project in the Yinggehai Basin, offshore China.The main production facilities at the project include a new unmanned wellhead platform and a subsea pipeline…

Lawsuit Seeks to Reverse Biden Ban

Jan 19, 2025

A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil and gas development along most U.S. coastlines.The lawsuit seeks a…

SouthCoast Wind gets final BOEM nod

Jan 17, 2025

The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision…

Oil set for fourth week of gains on US sanctions

Jan 17, 2025

Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.Brent crude futures were down 41 cents, or 0.5%…

Rex Subsidiary Lime Petroleum AS Awarded New License in Norway

Jan 17, 2025

Rex International Holding Limited (Rex International Holding Group) announced that its subsidiary Lime Petroleum AS (LPA) has been offered a 33.8434 per cent participating interest in  a new offshore licence in the 2024 Awards in Predefined Areas (“APA 2024”) round in Norway…

Current News

China's First Offshore Hydrogen-Ammonia-Methanol Platform Starts Operating

Gas Reserves Estimate Goes Up at Shell’s Selene Prospect in North Sea

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Subscribe for OE Digital E‑News

Offshore Engineer Magazine