Offshore
Circular Economy Initiatives for Offshore Piping and Related Infrastructure
Circular economy is a sustainable business model that aims to ensure use of resources, extraction of maximum value from the equipment during operation and the recovery and regeneration of products and materials at the end of each’s service life.
Tenaz Energy to Acquire NAM's Offshore, Pipeline Assets for $180 Million
The transaction includes all of NAM's offshore exploration and production businesses, associated pipeline infrastructure, and onshore processing in the Netherlands.
Exxon Shuts Joliet, Illinois Refinery After Storm Causes Power Outage
ExxonMobil shut down its 251,800-barrel-per-day refinery at Joliet, Illinois, due to a power outage after a storm, according to a filing late on Monday.
Ramco Secures Long-Term Contract for Equinor's Oil, Gas Pipelines
Ramco Norway will handle 80% of Equinor's oil and gas pipes running from Fjord Base in Florø to the Norwegian Continental Shelf.
Corinth Pipeworks to Provide Steel Pipes for Woodside Energy's Trion Offshore Development
Corinth Pipeworks has been awarded a significant contract by Woodside Energy, the operator of the Trion deepwater field, to manufacture and supply approximately 118 kilometers (73 miles) of steel pipes.
U.S. Coast Guard Warns Hurricane Beryl May Shut Texas Oil Ports
The U.S. Coast Guard warned of possible Texas port closures from Corpus Christi to Houston because of Hurricane Beryl, which is expected to make landfall by Monday morning south of Port Lavaca.
Billionaire Carlos Slim's Grupo Carso Partners with Pemex on Natural Gas Project
Grupo Carso, the Mexican holding company controlled by the family of Mexican mogul Carlos Slim, said on Friday that it has signed an exploration and extraction services contract with state oil firm Pemex for the stalled Lakach natural gas project.
Tropical Storm Beryl Expected to Have Minimal Impact on U.S. Offshore Oil Production
Tropical Storm Beryl is expected to have little impact on U.S. offshore oil and gas production, energy companies said on Friday while evacuating personnel from some facilities out of caution.
Golar LNG Signs 20-Year Floating LNG Vessel Deal in Argentina
Golar LNG said on Friday it has partnered with Pan American Energy to deploy a floating liquefied natural gas (FLNG) vessel for 20 years to export domestic natural gas as LNG from Argentina.
Nigerian Regulator Clears Eni, Equinor Asset Sales to Local Buyers
Nigeria's upstream oil regulator has approved two key onshore assets sale by international oil companies, clearing the way for Oando and new entrant Project Odinmim to acquire assets.
Germany's Wintershall Dea Makes Gas Condensate Discovery in North Sea
Germany's Wintershall Dea and its Norwegian partners Petoro and DNO have made a gas condensate discovery at the Cuvette prospect in the northern North Sea, the operator said in a statement on Wednesday.
Air Liquide and Dunkerque LNG's CO2 Project Gets EU Support
The D'Artagnan project will include an Air Liquide pipeline to transport CO2 from capture sites to a new terminal in the port of Dunkirk, where it will be liquefied and shipped to permanent storage sites in the North Sea.
Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.
Allseas Completes 163-Mile Barossa Gas Export Pipeline in Timor Sea
Allseas has completed the 262-kilometer (163-mile) Barossa gas export pipeline in the southern Timor Sea.
Nigeria's NNPC Signs Floating LNG Deal with Golar LNG
Nigeria's state firm NNPC has signed an agreement with Golar LNG to deploy a floating LNG vessel off the coast of its oil-rich Niger Delta, NNPC said on Tuesday.
Noble Corp. to Acquire Diamond Offshore for $1.6 Billion to Bolster Fleet
Offshore rig contractor Noble said on Monday it would buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal valued at $1.59 billion, the latest in a series of buyouts in a sector undergoing massive consolidation.
CNOOC Announces Major Gas Discovery in South China Sea
CNOOC Ltd. has achieved a major exploration breakthrough in an ultra-shallow gas play in ultra-deep water South China Sea, the state-owned oil and gas firm said on Thursday.
Morocco to Tender for Floating LNG Terminal at Nador West Med Port, Official Says
Morocco plans to launch a tender this summer to build a floating LNG terminal in the northeastern Nador West Med port, the energy ministry's head of oil and gas said on Friday.
Trinidad Court Upholds ConocoPhillips' $1.3 Billion Claim Against Venezuela
A Trinidad and Tobago court order has granted ConocoPhillips the right to enforce a $1.33 billion claim against Venezuela for past expropriations, a decision that could complicate proposed offshore gas ventures between Trinidad and Venezuela.
Shell, Exxon Close to Selling North Sea Assets to Viaro Energy for $500 Million: Sources
Shell and ExxonMobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources said.
Amos Global Energy Waits For License to Develop Gas Resources Offshore Venezuela
Venezuela has about 30 trillion cubic feet of non associated gas reserves, which remain largely undeveloped due to lack of investment, and more recently US sanctions.
Shell, BP, EOG Resources Bid On Oil And Gas Blocks Offshore LNG-Rich Trinidad And Tobago
Trinidad is Latin America's largest producer of liquefied natural gas (LNG), with installed capacity of 15 million metric tons per year of the super-cooled gas. It also is one of the world's biggest exporters of methanol and ammonia, but its plants have been operating below full capacity in recent years due to a lack of gas.
ExxonMobil Faces October 2024 Deadline To Develop ‘Large’ Natural Gas Discovery Offshore Guyana
The government has been pressing for a bonanza from mostly untapped gas reserves found by the Exxon-led group. The consortium, which includes Hess Corp and CNOOC Ltd, is required under its production agreement to return to the government by October about 20% of its massive Stabroek block if that area remains undeveloped.
Saipem Wins $850 Million Offshore Contract for Ndungu Field Project in Angola
Under the contract, Saipem will undertake the engineering, fabrication, transportation, and installation of approximately 37 miles of rigid pipelines and subsea facilities at a depth of around 1,100 meters.
Subsea Decommissioning Pays Off in North Sea
The ambitious project involved the removal of pipelines, control umbilicals and various other subsea structures from the seabed in water depths of up to 590 feet (180 meters), each requiring precise and efficient cutting.
Chevron Prepares for North Sea Exit After More Than 55 Years
Chevron said it is set to launch the sale of its remaining U.K. North Sea oil and gas assets, in a move that would mark the U.S. energy giant's exit from the ageing basin after more than 55 years.
Energy Transfer Eyes Draft Environmental Statement for Blue Marlin Project This Quarter
Pipeline operator Energy Transfer expects to receive a draft Environmental Impact Statement for its Blue Marlin offshore terminal this quarter, executives said on Wednesday during a quarterly earnings call.
DNV Releases New Standard for Hybrid Thermoplastic Composite Flexible Pipes
DNV has introduced its latest standard, DNV-ST-F207, for hybrid thermoplastic composite flexible pipes, addressing challenges faced by conventional risers in deepwater applications.
NOV Introduces Breakthrough Heated Flexible Pipe System for Subsea Operations
NOV will supply its first active heated pipe system in 2025, introducing a proprietary technology solution of electrically heating the bore of the pipe through the resistance of the pipe’s inner carcass layer.
Exxon to Temporarily Shut Guyana Platforms for Pipeline Connection
The 140-mile (225-km) pipeline will feed Guyana's $1.9 billion gas-to-power project aimed at ending the country's dependence on imported fuels and at lowering energy costs for residents.
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
