Offshore
Gas Pipeline Between Finland and Estonia Shut After Suspected Leak
A subsea gas pipeline connecting Finland and Estonia was shut early on Sunday after an unusual drop in pressure probably caused by a leak, Finnish gas system company Gasgrid and Estonian operator Elering said.
UAE's ADNOC Awards $17 Billion of Contracts for Gas Project, Including Subsea Pipelines
Abu Dhabi National Oil Company (ADNOC) said on Thursday it had awarded contracts worth about $16.94 billion for a gas project that aims to operate with net zero carbon dioxide emissions, adding it would be the first in the world to do so.
BP Explores $1 Billion Sale of Stake in US Pipelines
BP Plc is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billion, according to people familiar with the matter.
Biden Angers All Sides with Scaled Back Offshore Oil Drilling Plan
The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming.
PLIDCO Introduces Hydrogen-Compatible Fittings for Pipeline Maintenance and Repairs
(P&GJ) — The Pipe Line Development Company (PLIDCO) has launched a new range of products for use with hydrogen pipelines in response to the emerging transition toward hydrogen and other alternative energy sources.
DNO Makes Norway Gas Condensate Discovery
Norwegian oil company DNO said on Tuesday it had discovered gas condensate at its Norma prospect in the North Sea and that it would continue to drill for more resources nearby.
US Backs Chevron's Subsea Pipeline Plan for Aphrodite Gas Field Amid Cyprus Dispute
Washington has weighed into a dispute between Cyprus and international companies led by Chevron over how to develop a giant offshore gas field, backing the U.S. company's plan to link it to neighboring Egypt, two industry sources and a U.S. source said on Friday.
Italy's Saipem Wins Two Contracts with Eni, BP Worth $700 Million
Italian energy services group Saipem on Thursday said it was awarded two new contracts by Eni's Eni Congo and BP, worth a total of around $700 million.
New Fortress Energy Plans to Launch Second and Third Fast LNG Units in 2025
New Fortress Energy Inc. announced on Tuesday that it is currently constructing the second and third production units for its Fast LNG technology. The company anticipates these units to become operational in the first quarter of 2025.
Tuscan LNG Terminal to Be Moved Offshore by 2026
An LNG vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said on Tuesday.
McDermott Awarded Shell Contract for Offshore Malaysia Pipelay, Installation Project
(P&GJ) — Under the scope of the contract, McDermott will perform transportation and installation services for two pipeline segments and one section of flexible pipelay. McDermott will also provide pre-commissioning works on all infield pipelines and perform the structural installation of three jackets and topsides.
Leviathan Partners in Israel to Invest $568 Million in Third Gas Pipeline
Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports.
DNV Grants Safety Certification to Project Greensand's CO2 Storage in the North Sea
(P&GJ) — The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change. The safety verification covers everything from the fabrication by the individual subcontractors to the actual offshore installation.
DeepOcean Wins Contract for Post-Lay Trenching Work Offshore Mexico
(P&GJ) — DeepOcean’s Mexican operation has been awarded a contract for the provision of post-lay trenching works on 30 km (19 miles) of pipeline offshore Mexico.
Grand Isle LNG Pitches Plan for LNG Export Facility Offshore Louisiana
(P&GJ) — Grande Isle LNG has put forward a plan for an offshore liquefaction facility with an annual capacity of 4.2 million tonnes. The proposed plant would be in federal waters, specifically on the West Delta blocks, approximately 13 miles off the coast of Plaquemines Parish, Louisiana.
OLT Offshore LNG Increases Regasification Capacity
(P&GJ) — OLT Offshore LNG Toscana has received authorization to increase its annual regasification capacity from the current 3.75 billion to about 5 billion standard cubic meters per year.
Aphrodite Gas Field Off Cyprus to Be Linked to Egypt, NewMed Says
The offshore Aphrodite natural gas field being developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the project said on Wednesday.
Europe's Biggest Gas Supplier Says All Clear from Pipeline Security Checks
Inspections of Norway's offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep.
Sources: Four Bidders Vie for Stake in Exxon LNG Terminal in Italy
Four international groups are competing to buy Exxon Mobil Corp.'s majority stake in an LNG terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around $881 million.
Equinor, Shell and Exxon Agree LNG Project with Tanzania
Equinor, Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a LNG export terminal in the East African country, the two sides said on Friday.
Philippines' First Gen Seeks One LNG Cargo for FSRU Commissioning in September
The company expects to commission its floating storage and regasification unit (FSRU) in Batangas province, about 92 km (57 miles) south of capital Manila, in September, and is looking for an initial LNG cargo of 160,000 cubic meters, said chief commercial officer Jonathan Charles Russell.
Using Resonance Technique to Test Pipeline Weld Fatigue
(P&GJ) — Steel catenary risers (SCRs) are a critical element within many offshore pipeline installations. The ability of these risers to withstand the installation and in-service loading is vital to the success of the projects in which they are used.
Tight Market for Sour Crude Oil to Squeeze US Gulf Coast Refiners
The oil-producing group's 500,000 barrel per day cut will reduce stocks of sour crudes as U.S. oil refiners ramp up purchases for summer driving season.
Focus: BP Ventures Back into Oil Frontiers to Boost Output
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions.
Equinor, Partners to Invest $9 Billion in New Gas Field Off Brazil
Gas from the offshore field will be directly injected into the national gas grid via a 200-km (124-mile) pipeline landing at the city of Macae in the state of Rio de Janeiro.
As Oil Output Peaks, US Gulf of Mexico Makes Room for Carbon Capture
Some companies, including Exxon Mobil Corp., have been dumping assets in the Gulf, the nation's primary offshore source of oil, and are instead targeting capturing and storing carbon dioxide and other greenhouse gases underground.
STATS Claims Record Diameter for Subsea Pipeline Intervention
(P&GJ) — Pipeline technology specialist STATS Group has been commissioned to complete a range of work in the Asian Gulf that is believed to include a record subsea intervention on a 56-inch pipeline.
Hess, Exxon Make New Oil Discovery in Guyana’s Stabroek Block
The discovery on the group's Stabroek Block is the latest of more than 30 in the South American country's offshore waters since 2015. Hess holds a 30% stake in the consortium and said the discovery may help justify a new oil project.
Offshore Innovation Seen as Key to Overcoming Obstacles
(P&GJ) — At mid-year 2022, an online industry report service using artificial intelligence (AI) enabled analytic tools released a worldwide assessment of offshore oil and natural gas prospects with a decidedly upbeat tenor.
Chevron Seeks Drilling Ship to Expand East Med Gas Search
Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the U.S. energy major looks to meet growing demand in the region and Europe, two sources told Reuters.
- FERC Approves TC Energy's 1,377-Mile West Coast Pipeline Expansion
- Kinder Morgan to Buy NextEra’s 462-Mile Texas Pipeline System for $1.8 Billion
- Williams' Gas Pipeline in Idaho Ruptures, Company Challenges Explosion Allegations
- Biden Awards $7 Billion in Hydrogen Hub Money to 16 States
- Mountain Valley Pipeline Sues Protesters Hindering $7.2 Billion Construction Project
