Tag Archives: Offshore Energy

Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. lost its upward momentum and remained flat at 18 units last week, based on Baker Hughes’ weekly rig count report. On the other hand, the total number of rigs operating in …

Qatar’s state-owned energy giant QatarEnergy has entered into a farm-in agreement for two exploration licenses offshore Newfoundland and Labrador in Canada with ExxonMobil Canada, a subsidiary of the U.S. oil major ExxonMobil. This deal allows the Qatari player to expand its offshore exploration portfolio in Atlantic Canada. QatarEnergy revealed on …

Brazilian Ministry of Mines and Energy (MME) is setting the wheels into motion to launch a programme, which would step up investments in oil and natural gas exploration to promote regional development and foster national production while making Brazil the fourth largest oil producer in the world. To this end, …

Shell Offshore Inc, a subsidiary of the UK-headquartered energy giant Shell, has taken a final investment decision (FID) for a deepwater project in the U.S. Gulf of Mexico (GOM), which will be developed as a subsea tie-back to the oil major’s operated Appomattox production hub. While announcing the FID for …

ExxonMobil’s low-carbon hydrogen project in Baytown, Texas, has entered a new stage with a contract award to Technip Energies for front-end engineering and design (FEED). The low-carbon hydrogen, ammonia, and carbon capture facility is expected to produce one billion cubic feet of low-carbon hydrogen per day, making it the largest …

UK-headquartered energy giant BP has completed the acquisition of Archaea Energy, a Texas-based renewable natural gas (RNG) company. Archaea Energy operates 50 RNG and landfill gas-to-energy facilities across the U.S., producing around 6,000 barrels of oil equivalent a day (boe/d) of RNG. Its production would be expected to provide an …

Japanese heavyweight Mitsui O.S.K. Lines (MOL), its group company Ferry Sunflower Limited, and Kyushu Electric Power Co. (Kyuden) have revealed that Sunflower Kurenai, Japan’s first LNG-fuelled ferry, received its first LNG fuel supply. As informed, the vessel was bunkered by Kyuden at the Port of Beppu. LNG fuel was supplied …

The Norwegian Petroleum Directorate (NPD) last week granted Equinor a drilling permit for wellbores 34/6-6 S and 34/6-6 A, expected to be drilled in November and December 2022, respectively. The prospect is named Angulata Brent. Both wells are located in production licence 554, between Garantiana and Visund fields. The licence …

Qatargas, a liquefied natural gas (LNG) production unit of state-owned QatarEnergy, has delivered a commissioning LNG cargo to China’s newest LNG terminal, the Jiangsu-Binhai LNG terminal, owned and operated by China National Offshore Oil Corporation (CNOOC). The cargo was loaded in Ras Laffan on 10 September on the 216,000 cubic …

Siemens Energy, Moss Maritime, DNV and Fearnleys have developed an LNG vessel design that will be powered by a hybrid combined-cycle power and propulsion plant. Under the concept, many engine components, including the main engines can be removed from the ship. The backbone of the vessel’s hybrid combined-cycle, power and …