News
November 20, 2023
Subsea7 has been awarded a sizeable contract by Shell for the decommissioning of subsea infrastructure associated with the FPSO Fluminense in the Bijupirá and Salema fields of the Campos Basin, at 700m (2,296 ft) water depth, the company said on Nov. 20.
News
November 19, 2023
(WO) — As a result of the order issued by the United States Court of Appeals for the Fifth Circuit on Nov. 14, 2023, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261 for Dec. 20, 2023.
News
November 19, 2023
(WO) — PT Pertamina (Persero) reaffirms its commitment to lead Indonesia's decarbonization efforts through a $2 billion collaboration with ExxonMobil. The companies have partnered to develop a carbon capture storage (CCS) hub in the Java Sea with a capacity of up to 3 gigatons of CO2.
News
November 19, 2023
Tokyo Gas Co. will invest in a $3.8 billion offshore wind fund set up by U.K.-based Octopus Energy Group Ltd., the Japanese city gas provider said.
News
November 19, 2023
(WO) — Dana Petroleum and NEO Energy have announced the signing of a sale and purchase agreement under which NEO Energy will acquire Dana’s full equity in the Western Isles FPSO.
News
November 19, 2023
Labour has pledged to create a £2.5 billion ($3.1 billion) fund for companies creating clean tech jobs in hydrogen, offshore wind and carbon capture and storage around the North Sea as leader Keir Starmer tries to win votes in Scotland.
News
November 19, 2023
Japanese companies are dropping out of offshore wind projects in Taiwan, one of fastest growing markets for the technology, as rising costs and worsening delays plunge the industry into deeper trouble worldwide.
News
November 17, 2023
(WO) — CNOOC Ltd. has announced the safe commencement of production at the Payara Project in the Stabroek Block offshore Guyana. The project, equipped with one FPSO and 41 subsea wellheads, represents a significant milestone for the partnership and production growth of the Stabroek Block.
News
November 16, 2023
(WO) — CNOOC Ltd. has initiated production at the Bozhong 19-6 condensate gas field development project in the central Bohai Sea.
News
November 16, 2023
(WO) — Odfjell Drilling Ltd. has announced that Equinor has exercised options for seven wells to extend the use of the Deepsea Aberdeen on the Breidablikk field.
News
November 16, 2023
(WO) — CGG, in association with PETRONAS, has announced the start of the Selat Melaka 2D multi-client seismic program over the Langkasuka Basin offshore Malaysia. Located in the Malacca Strait, the project has received industry funding and will deliver early products in December 2023 and final results in August 2024.
News
November 15, 2023
A federal appeals court ordered the Biden administration to sell drilling rights in the Gulf of Mexico within 37 days, a defeat for environmentalists who argued oil leasing and development in the region imperil a critically endangered whale.
News
November 15, 2023
(WO) — Offshore Energies UK (OEUK), the leading representative body for the UK’s offshore energy industry, will publish its annual Decommissioning Insight report next week.
News
November 15, 2023
(WO) — National Ocean Industries Association President Erik Milito issued a statement following the order by the U.S. Court of Appeals for the Fifth Circuit, which dismissed the appeal against the preliminary injunction for Lease Sale 261.
News
November 15, 2023
(WO) — The American Petroleum Institute (API) welcomed the U.S. Court of Appeals decision for the Fifth Circuit to lift unjustified restrictions on oil and natural gas vessels, as stated by Senior Vice President and General Counsel Ryan Meyers.
News
November 14, 2023
The collaboration will set the benchmark for simulation technology, centered on enhancing personnel skills to protect the environment, prevent offshore incidents, and perform holistic crisis management in advanced offshore operations.
News
November 14, 2023
65 development wells are planned to be commissioned, including 42 production wells, 20 gas injection wells and 3 water source wells. It is expected to achieve a peak production of approximately 37,000 boed in 2024.
News
November 14, 2023
The Prosperity floating, production, storage and offloading (FPSO) vessel is expected to reach initial production of approximately 220,000 bpd over the first half of next year as new wells come online.
News
November 14, 2023
Imports are expected to rise to 650 MMcfd on Thursday, and to the normal level of 800 MMcfd early next week, from about 250 MMcfd earlier in November, the person said, asking not to be named because the information isn’t public.
News
November 13, 2023
Chevron Corp. has started supplies to local customers in Israel and the region from its Tamar natural gas field, the company said Monday. The field was closed last month on safety concerns following Hamas’s Oct. 7 attack on Israel.
News
November 10, 2023
As the upstream industry continues to address the energy trilemma of secure, affordable and sustainable energy, Saipem is setting the bar on innovative solutions, to improve the efficiency of subsea field development.
