Tag: Offshore

Energy, Oil & Gas

QatarEnergy announces Congo offshore hydrocarbon discovery

QatarEnergy, as a shareholder in TotalEnergies E&P Congo (TEPC), announced a hydrocarbon discovery in the MHNM-6 NFW well of the Moho G structure in Congo, part of the country’s Moho offshore exploration and production license....

Energy, Oil & Gas

GoSubsea, Envirent launch offshore alliance

Two of Norway’s offshore companies, GoSubsea and Envirent, have announced a strategic partnership that combines technical expertise with expanded service offerings....

Energy, Oil & Gas

Arcius Energy invests $500m to develop Harmattan gas field

Arcius Energy, backed by BP and Adnoc’s XRG, approved a $500 million final investment decision to develop Egypt’s Harmattan gas field in the El Burg offshore concession, aiming to boost natural gas production for domestic demand. ...

Energy, Oil & Gas

TotalEnergies ends US offshore wind projects with interior Dept

TotalEnergies has signed settlement agreements with the US Department of the Interior (DOI) to relinquish its Carolina Long Bay lease (Lease OCS-A 0545) and its New York Bight lease (Lease OCS-A 0538), both awarded in 2022, along with its partners. As a result, TotalEnergies will no longer develop offshore wind projects in the US....

Energy, Oil & Gas

Saipem secures $500m EPCI contract for Aramco project

Italian group Saipem has announced that it has secured a new engineering, procurement, construction and installation (EPCI) contract for an offshore project from Saudi oil giant Aramco. The work is for a 48-inch trunkline, comprising 65 km offshore and 12 km onshore in Safaniya oil field. ...

Energy, Oil & Gas

Eni makes offshore discovery in Côte d’Ivoire

Eni has discovered gas and condensate at Murene South-1X, Block CI-501, Côte d’Ivoire. Named Calao South, the find confirms the Calao channel complex’s potential, with estimated reserves of 5 Tcf of gas and 450 million barrels of condensate (approximately 1.4 billion barrels of oil). ...

Energy, Oil & Gas

Eni confirms oil discovery in Algaita-01, offshore Angola

Eni confirms an oil discovery in the Algaita-01 exploration well in Block 15/06, offshore Angola, approximately 18 km from Olombendo FPSO. Preliminary estimates indicate oil in place of around 500 million barrels. Block 15/06 is operated by Azule Energy (36.84 per cent), in partnership with SSI (26.32 per cent) and Sonangol E&P (36.84 per cent)....

Energy, Oil & Gas

Oman signs concession agreement for Offshore Block (18)

Oman’s Ministry of Energy and Minerals has signed a concession agreement for Offshore Block 18 to support hydrocarbon exploration and production. Petronas will operate the block with a 70 per cent stake, while OQ Exploration and Production holds 30 per cent. The agreement includes a four-year exploration period, extendable to 30 years if commercial production is achieved. ...

Energy, Oil & Gas

QatarEnergy wins Libya offshore exploration licence

QatarEnergy has secured an offshore exploration licence in Libya after the country’s first bid round since 2007. The National Oil Corporation awarded Block O1 to a consortium of QatarEnergy (40 per cent stake) and Italy’s Eni (60 per cent stake and operator), marking QatarEnergy’s first upstream entry into Libya. ...

Energy, Oil & Gas

TotalEnergies to acquire 42.5pc stake in Namibia’s PEL104 offshore license

TotalEnergies has signed agreements to acquire a 42.5 per cent operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Located in the Lüderitz basin, PEL104 license covers an area of around 11,000 km2 offshore Namibia....

Energy, Oil & Gas

Mammoet completes offshore jacket loadout for BorWin6 HVDC platform

Progress on the BorWin6 Project advances with the completion of a fabrication yard in Jebel Ali, UAE. Mammoet has handled the transport, loadout, and mooring of the 5,461-tonne offshore jacket foundation, which will support the BorWin6 offshore converter platform, BorWin kappa, in the German North Sea....

Energy, Oil & Gas

McDermott secures contract for Qatar offshore decommissioning project

McDermott has secured a decommissioning definition engineering contract from QatarEnergy for Qatar’s first offshore decommissioning project, developing technical and commercial frameworks and conducting studies to enable the safe, systematic removal of 27 aging offshore platforms. ...