The Stena Forth drillship has spud the Anchois East (Anchois-3) well for the Anchois gas field project offshore Morocco, operated by Energean.
U.S. shale producer Occidental Petroleum Corp. (NYSE:OXY) and Colombia’s integrated energy company Ecopetrol S.A. (NYSE:EC) are planning to drill an offshore oil well off Colombia’s waters in seas roughly 3,900 meters (close to 13,000 feet) deep before the year is out, Bloomberg has reported. Dubbed Komodo-1, the ultra-deepwater well will qualify as the deepest offshore oil well in the world, beating Angola’s block 48 well, which holds the current world-record water depth of 3,628 m (11,903 ft).
The oil and gas industry is pushing the limits of offshore exploration with plans to drill a record-setting deepwater well in Colombia within months.
QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname.
The Engineering Procurement Construction (EPC) project of Templers energy storage offshore in South Australia, contracted by China Energy Engineering Group’s Shanxi Electric Power Construction Company commenced on Friday, according to the company.
A damning briefing paper released by a group of offshore wind developers warns that if Trans Tasman Resources gets the go-ahead to mine the seabed of the South Taranaki Bight, it would spell the end of New Zealand’s chance to embrace offshore wind energy.
California has plans to tap into the abundant and reliable energy of offshore wind that blows far off our coastline to reach a much-needed future powered by 100% clean energy.
Deme’s offshore energy business reported Q1 turnover of €390m compared with €279m in Q1 2023.
The offshore energy top line grew 40% year-over-year driven by efficient project execution and helped by a favourable comparison base for the first quarter of last year, Deme state.
In the world of energy production, power is not just a component; it’s the cornerstone that propels every facet of the industry forward. From the depths of drilling and extraction to the complexities of processing and distribution, it is the uninterrupted flow of power that ensures operations run smoothly and efficiently. A disruption in this flow doesn’t merely pause operations; it halts the entire lifecycle of energy production and its revenue streams.
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.