Offshore Activity - page 51

 

US Senators Introduce Bill to Speed Approvals of Energy Projects

Jul 22, 2024

The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural gas export projects.Senators Joe Manchin, an independent who caucuses with Democrats…

Noble Secures Drilling Work off Poland

Jul 22, 2024

Offshore drilling contractor Noble Corporation announced its first drilling campaign offshore Poland.The jackup Noble Resolve will drill one well for CEP Central European Petroleum BV in the Wolin Concession starting October 2024, in direct continuation after SPS…

Valaris Nets $498M Drillship Contract with Equinor for Ops Offshore Brazil

Jul 22, 2024

Equinor Energy do Brasil, a subsidiary of Equinor, has awarded a multi-year contract to Valaris for its VALARIS DS-17 drillship, which will be deployed offshore Brazil on Raia project.The estimated total contract value is approximately $498 million…

PXGEO Extends Siem Dorado MPSV’s Stay

Jul 22, 2024

Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured contract extension with marine geophysical services company PXGEO for its multi-purpose support vessel (MPSV) Siem Dorado.The current contract with PXGeo for…

ABL Secures French-Spanish Offshore Interconnector Job

Jul 22, 2024

Energy and marine consultancy ABL has secured a contract by INELFE (INterconexión ELéctrica Francia-España) to provide marine warranty survey (MWS) services to oversee the offshore transportation and installation (T&I) of the Biscay interconnector between France and Spain…

Portugal's Galp Second-Quarter Profit Beats Expectations, Jumps 16%

Jul 22, 2024

Portugal's Galp Energia on Monday reported its second quarter adjusted net profit jumped 16% and beat expectations as higher oil price and lower cost of production offset lower production and stable refining margin.It booked an adjusted net profit of 299 million euros ($325…

South Korea's KOMIPO Cancels Plans for LNG Import Terminal

Jul 22, 2024

South Korea's Korea Midland Power (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.KOMIPO said in a statement to Reuters…

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

Jul 22, 2024

Exxon Mobil intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, Exxon Mobil said on Saturday.Reuters had reported on Friday that Exxon Mobil had agreed to sell its Malaysian oil and gas assets to Petronas…

ABPmer to Work on Expansion of UK’s Offshore Industry Database

Jul 22, 2024

Marine consultancy and survey company ABPmer has been appointed by Crown Estate Scotland to support the work related to the integration of Scottish survey findings into the Marine Data Exchange (MDE), the UK’s resource for offshore industry survey data…

Parkwind Installs Vessels Charging System at Noblewind Offshore Wind Farm

Jul 22, 2024

JERA’s Parkwind has installed a vessels charging system, supplied by UK-based MJR Power & Automation, at its Noblewind offshore wind farm in the Belgian North Sea.The boat charging station system at sea has been designed to minimize greenhouse…

Perenco Boosts Production at UK’s First Offshore Gas Field

Jul 22, 2024

Perenco UK has completed a campaign of velocity string installations on five wells at the West Sole Charlie platform in the Southern North Sea, improving its gas production.The campaign was conducted by the Petrodec HAEVA rig and has delivered sustained production gains of around +5 MMscf/d…

Australia's Woodside Buys US LNG Developer Tellurian for $1.2B

Jul 22, 2024

Australian oil and gas company Woodside Energy has entered into definitive agreement to buy U.S. liquefied natural gas (LNG) developer Tellurian, including its owned and operated US Gulf Coast Driftwood LNG development opportunity, for a total of $1…

SLB Beats Quarterly Profit Estimates on International Drilling Demand

Jul 19, 2024

SLB beat analysts' estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets.Offshore exploration and production as well as drilling in international markets…

India’s ONGC Buys Stake in Caspian Sea Oil Assets from Equinor for $60M

Jul 19, 2024

India’s Oil and Natural Gas Corporation Limited (ONGC) Videsh has signed a definitive $60 million sale and purchase agreement (SPA) with Equinor to increase its stake in the offshore Azeri Chirag Gunashli (ACG) oil field and associated pipeline in Azerbaijan…

ExxonMobil Selling Malaysia Oil and Gas Assets to Petronas

Jul 19, 2024

Exxon Mobil has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country's upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said.The U.S. major…

Current News

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ConocoPhillips Wraps Up $22.5B Marathon Oil Acquisition

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Repsol Gets $440K Fine for Halting NEO’s Production at Flyndre Field

Repsol Gets $440K Fine for Hal

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