Latest news with #offshore
Yahoo
6 hours ago
- Business
- Yahoo
Subsea7 wins Equinor Fram Sør project contract
Global offshore projects and services provider Subsea7 has announced a significant contract award from Equinor, a multinational energy company, for the Fram Sør development project offshore Norway. The contract encompasses engineering, procurement, construction and installation (EPCI) services for subsea structures and flowlines, encompassing 53km of various lines and an umbilical system. The lines include water injection and gas lift. Commencement of engineering and project management is set to begin immediately across Subsea7's offices in Norway and the UK. Offshore installation activities for the Fram Sør project are scheduled to take place in 2026, 2027 and 2028. Situated 10–30km north of the Troll C platform operated by Equinor and roughly 70km north-west of Bergen, the Fram Sør area will be integrated with the existing Fram and Troll C infrastructure. Subsea 7 Norway vice-president Erik Femsteinevik said: 'This award continues our long-standing collaboration with Equinor. The FEED [front-end engineering and design] study enabled Subsea7 to engage early in the field development process, optimising design solutions and contributing to the final investment decision. 'We look forward to working closely with Equinor to deliver the Fram Sør development safely and efficiently.' The contract, which comes after a FEED contract awarded on 9 January 2025, is contingent upon the authority's approval of the plan for development and operations. Earlier in the year, Subsea7 also secured a contract for a FEED study from ConocoPhillips Skandinavia for the Previously Produced Fields development project offshore Norway. In addition, Subsea7 won a contract from Petrobras for the development of the Búzios 11 field, situated 180km off the coast of Rio de Janeiro, Brazil. "Subsea7 wins Equinor Fram Sør project contract" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Zawya
7 hours ago
- Politics
- Zawya
The ‘Oil Industry, African Energy Chamber (AEC) and Africa Bromance' Remains Committed to Africa's Energy Development Despite Attacks from Foreign Funded Groups
In yet another attack on the African oil and gas industry, Extinction Rebellion has condemned South Africa as it strives to advance oil and gas exploration across its offshore market. An article published this week by the group's spokesperson Moraig Peden cites new offshore oil and gas projects as being in direct conflict with the country's climate commitments, despite the fact that operators have secured environmental authorization to explore offshore. Representing the voice of the African energy sector, the African Energy Chamber (AEC) ( condemns the article as yet another blatant attack on not only the African energy industry but its population at large. Oil and gas will play a fundamental role in alleviating energy poverty in Africa and the AEC – in collaboration with the oil industry and African communities - will continue advocating for offshore exploration and production. Groups such as Extinction Rebellion has been consistent in their attacks against the industry, turning to violent and disruptive measures to voice their biases and relentless opposition. Rather than peaceful protests, foreign funded environmental groups have turned to climate-motivated sabotage. Activists from Shut the System, for example, sabotaged internet cables in London in early 2025. Following which, the group stated that they 'vow to wage a campaign of sabotage targeting the tools, property and machinery of those most responsible for global warming.' This is a direct attack on the industry. Another group, Just Stop Oil, has also been relentless. Attacks include throwing soup at Van Gogh's Sunflowers painting, throwing paint on Stonehenge, gluing themselves to roads to stop traffic, cable-tying themselves to goal posts at sports events and England-wide blockades at ten critical oil facilities in 2022. Just Stop Oil protestors were also given multi-year prison sentences in England in 2024 for their roles in closing multiple junctions of the M25 motorway. In the US, Greenpeace was issued to pay $660 million in damages in 2025 for malicious interference with the Dakota Access Pipeline. The group also has a history of occupying coal power plants and blocking coal shipments in New Zealand, Australia and the UK. But it is the group's attacks on the industry in Africa that stand to bring far-reaching disruptions. Greenpeace has been strongly opposing exploration in Africa by companies such as Shell, Meren Energy (formerly Africa Oil Corp), TotalEnergies and more. All three companies have secured environmental authorization and/or financing for their offshore activities but Greenpeace continues to launch attacks against these companies. The company challenged Shell's exploration rights in court and continues to ask for donations to support its attacks on oil companies. 'We at the chamber expected these attacks as we approach this next edition of AEW: Invest in African Energies. These attacks always come. We denounce the violence of Extinction rebellion. We hope that we will have a robust conversation about Africans right to drill and provide energy for the millions of Africans that live without access to electricity or clean cooking solutions. The AEC-Africa-Oil and Gas Industry bromance will continue fighting for Africa. We will continue fighting to make energy poverty history. We will continue fighting for generations to come,' states NJ Ayuk, Executive Chairman of the AEC. It is clear that the writer Peden does not fully understand the African context. If the writer truly understood what every day Africans in Mali, Mozambique, Namibia and other countries go through, she would not have this extremist and radical environmental agenda against the continent's energy development. We must be reminded that over 600 million Africans live without access to electricity while over 900 million people live without access to clean cooking solutions. But it seems that Extinction Rebellion is bent on ensuring that Africans remain without access to electricity or the energy they need for the future. This is exactly what the AEC opposes. This is also why we are proud to be part of a bromance with Africa and the global oil and gas industry. This is why we will continue fighting for oil and gas exploration. It is surprising to see that Extinction Rebellion and Peden criticize African exploration efforts when they fail to criticize the bromance between countries in other parts of the world and the oil and gas industry. They do not criticize Norway for producing four million bpd and sanctioning new energy projects or the UK which is drilling in the North Sea or the US in the Gulf. It is Africa, where people want to drill for more oil and gas to help lift the continent out of poverty, that the attacks come. 'I was hoping the she would bring Greta Thunberg along because she will protest anything. Moraig Peden and the foreign funded green groups now have the Mantashe Derangement Syndrome. The attacks on Africans by Moraig Peden and Extinction rebellion deceitful and dishonest, Or blatantly dishonest. This is just the beginning, Africans and the energy industry have been through tough times, but you've never seen me quit and there's no quitting on our fight to make energy poverty history and industrialize Africa. We see Moraig Peden's attacks as simply hypocrisy especially coming from a wealthy woman with a Eurocentric view of energy who believes Africans should stay in the dark while she is shopping for car elevators' Concluded Ayuk. Distributed by APO Group on behalf of African Energy Chamber.
Yahoo
8 hours ago
- Business
- Yahoo
Chevron says zinc levels in U.S. Mars oil output within limits
HOUSTON (Reuters) -Chevron on Tuesday said recent testing indicates that zinc levels in flagship U.S. offshore crude Mars' production stream were now within expected levels. The start-up of an offshore well caused zinc contamination in Mars crude, Chevron had said earlier this month, leading to tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile.
Reuters
8 hours ago
- Business
- Reuters
Chevron says zinc levels in U.S. Mars oil output within limits
HOUSTON, July 23 (Reuters) - Chevron (CVX.N), opens new tab on Tuesday said recent testing indicates that zinc levels in flagship U.S. offshore crude Mars' production stream were now within expected levels. The start-up of an offshore well caused zinc contamination in Mars crude, Chevron had said earlier this month, leading to tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile.
Yahoo
9 hours ago
- Sport
- Yahoo
Father and daughter to take on 'Everest' of sailing' — the 2025 Fastnet Race
A FATHER and daughter from the Isle of Wight are set to take on the 'Everest' of sailing — the Rolex Fastnet Race — this weekend. Richard and Sophie Palmer, from Cowes, will be competing in the world famous race on his yacht, Jangada, which starts on Saturday (July 26). The double-handed crew will be part of the IRC4 class in the world's largest offshore yacht race. Having already completed the 2023 Fastnet Race together, Richard will once again be sailing double-handed with his daughter. Sam White and Sam North, of Yarmouth, will be competing double-handed in the 2025 Fastnet Race. (Image: Sam White) For Richard, the Fastnet Race this year is all about "sharing the experience with my daughter," he said. "This will be the 11th Fastnet for me, and Sophie's second." This year marks the 100th anniversary of the legendary race, organised by the Royal Ocean Racing Club (RORC) and is part of the Admiral's Cup regatta, hosted by Cowes. The non-stop race course is 1,287 km long, from Cowes to Cherbourg-en-Cotentin, in France, via the iconic Fastnet Rock off Ireland. Richard's past sailing highlights include being crowned the 2022 RORC season's champion, winner of the 2019 RORC Transatlantic, and the 2022 Shetland Round Britain and Ireland Race. Richard said: "We will be hoping for light winds and calm seas. A clean start and exit from The Solent is key to settling in well. "It always takes 24 hours to then settle into the rhythm." The Fastnet Race started in 1925, with just seven entries, and a mission to encourage long-distance yacht racing and excellence in design, building and navigation. Among the other competitors in this year's race are co-skipper Sam North, and Sam White, of Yarmouth, sailing his boat, Mzungu!. Action from the 2023 Fastnet Race (Image: Carlo Borlenghi) North, a former professional sailor, will be taking part in his fourth Fastnet, while for White, it will be his seventh. White is an airline pilot and property developer, following a career in the Royal Navy, while North owns a conference and trade show business, splitting his time between London and the New Forest. Their friendship goes back to university, but the idea for their double-handed campaign was sparked during a stag party at Lake Garda in 2020. More than 3,500 crew members will be competing in what has been described as the 'Everest' of sailing. For most, the race is a personal challenge and a 'bucket list' event.
