Pins matching tag:Offshore

On 20 December 2019 ExxonMobil announced oil production had started from the Liza field offshore Guyana, ahead of schedule and less than five years after the first discovery, the first of several projects in the Stabroek Block.

Blank-check company Flame Acquisition merged with Sable Offshore and, the same day, bought ExxonMobil's three Santa Ynez Unit platforms, the Las Flores Canyon plant and the pipeline behind the 2015 Refugio spill, financed by a $625 million Exxon term loan. The new NYSE-listed Sable set out to restart production shut in since 2015.

Equinor's 810 MW Empire Wind 1, the first offshore wind farm to connect to New York City's grid, began construction with the South Brooklyn Marine Terminal port build on 10 June 2024; first power is planned for late 2026 and full commissioning for 2027.

Ørsted broke ground on the 924 MW Sunrise Wind off Long Island on 17 July 2024 and now expects commercial operation in the second half of 2027, after first power later in 2026; the project was first billed as fully operational in 2026.

Sable began flowing oil from six wells on Platform Harmony to its Las Flores Canyon plant at about 6,000 barrels a day, the first Santa Ynez Unit production since the 2015 Refugio spill. With the onshore pipeline still barred, the oil went into storage tanks.

One of the world's largest gas plants began processing associated gas from the offshore Marjan and Zuluf fields, heading for 2.6 billion cubic feet a day of raw gas capacity in 2026, as the Marjan crude increment came on stream.

A federal judge in Los Angeles dismissed with prejudice the Center for Biological Diversity's suit over BOEM's decision to let Sable Offshore restart Platform Harmony without revising its 1980s development plan, finding the groups lacked standing.

Sable Offshore expects the Hondo platform offshore California to come back online by the end of September 2026, the third Santa Ynez Unit platform restarted after Heritage and Harmony. On its August earnings call management said the 45-year-old platform needed about 50% more work than expected and that it was "hoping" to hit the September timing. Hondo is expected to produce lower-sulfur crude that should bring field-wide sulfur content back to normal levels.

Sable Offshore’s October 26 announcement schedules its third-quarter 2026 financial and operating results for Monday November 9, before the market opens.

The 628-nautical-mile Rolex Sydney Hobart, run by the Cruising Yacht Club of Australia since 1945, starts at 13:00 on Saturday 26 December 2026 on Sydney Harbour.

The offshore Zuluf increment, whose associated gas feeds the new Tanajib Gas Plant, is on track for completion in 2026 after Marjan came on stream in December 2025.

Ørsted installed the 65th and final turbine at the 704 MW Revolution Wind off Rhode Island on about 18 September 2026 and now expects full commercial operation by the end of 2026, a year later than first planned; the farm has fed power to the New England grid since March.