Offshore Activity - page 3

 

China's CNOOC Beefs Up Stake in Giant Offshore Oil Field in Brazil

Dec 01, 2022

Chinese oil company CNOOC said Thursday it had completed the acquisition of another 5% stake in the Production Sharing Contract of the Transfer of Rights (TOR) Surplus Volume related to the Búzios oil field, offshore Brazil.The Búzios oil field is located in the Santos Basin…

Peterson's Logistics Services for ODE AM-managed North Sea Assets

Dec 01, 2022

Energy industry logistics provider Peterson said Thursday it had won a three-year contract with ODE Asset Management (ODE AM) to provide integrated logistics services from the Port of Lowestoft in the UK.Peterson will provide quayside services…

Expro Wins $50M North Sea Well Intervention and Integrity Deal with Apache

Dec 01, 2022

Oilfield services firm Expro has secured a $50 million contract with oil and gas company Apache Corporation for work on its Beryl and Forties assets in the UK North Sea.The fully integrated well intervention and integrity services contract involves…

Norway: Vår Energi Books Floatel Rig for Balder FPU Work

Dec 01, 2022

Vår Energi, a Norwegian oil and gas company, has awarded Floatel International a contract for its Floatel Superior offshore accommodation rig.The rig will support Vår Energi's lifetime extension program for the North Sea production vessel Balder FPU in 2023…

Germany Plans to Buy Majority Stake in Unit of Dutch Grid Operator TenneT - sources

Dec 01, 2022

The German government wants to buy either a majority stake or all of the German subsidiary of Dutch power grid operator TenneT as part of Berlin's planned transition towards sustainable energy use, two German government sources told Reuters…

Greek FSRU Projects in the Pipeline

Dec 01, 2022

As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports. Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…

Germany and Norway Want NATO to Protect Subsea Infrastructure after Nord Stream Attacks

Dec 01, 2022

The leaders of Germany and Norway said on Wednesday they would jointly ask NATO to coordinate the protection of Europe's subsea infrastructure in light of the suspected attacks on the Nord Stream gas pipeline network.European countries have…

Van Stee Offshore Orders Multi-purpose Workboat from Damen

Nov 30, 2022

Van Stee Offshore has ordered an 80-meter Multibuster 8020 ultra-shallow draught, multi-purpose workboat from the Dutch shipbuilder Damen.According to Damen, Van Stee’s Multibuster 8020 is the first of a new class that combines the key elements of Damen’s Multi-Cat and Shoalbuster workboat classes…

Keel Laying Ceremony Held for Two Shanghai Electric SOVs

Nov 30, 2022

A keel-laying ceremony was held for two Ulstein-designed offshore wind service operation vessels (SOV) on Wednesday at the ZPMC yard.Shanghai Electric, a Chinese wind turbine manufacturer, ordered the two vessels of the Ulstein SX195 and SX197 designs…

Capricorn AGM Could Aid Alternative to NewMed Deal, says Palliser

Nov 30, 2022

Capricorn Energy's move to ask shareholders for permission to bolster its options for payouts could pave the way for an alternative to its planned merger with NewMed, top-three Capricorn shareholder Palliser told Reuters. Palliser is one of…

Malaysia's Petronas Posts Q3 Profit, Warns of Continuing Market Volatility

Nov 30, 2022

Malaysia's state energy firm Petroliam Nasional Berhad, or Petronas, on Wednesday posted a near doubling of its third quarter profit and warned of continuing volatility in oil and gas prices. The company reported a profit of 30.8 billion ringgit in the July-September period…

New JV Eyes Floating Wind Projects in Sweden, Finland

Nov 30, 2022

Offshore wind developers Eolus and Simply Blue Group have created a joint venture, SeaSapphire, under which they plan to develop floating offshore wind farms in the Baltic Sea. SeaSapphire is starting the early development of four commercial…

Reuters: Eni in Talks to Buy Neptune Energy for $5-6B

Nov 30, 2022

Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy for around $5 billion -$6 billion, a source with knowledge of the matter said on Wednesday, adding that no official bid had been submitted.Neptune produces around 130…

3-Year Deal: Survitec to Maintain Life Saving Equipment on Valaris' Offshore Rigs

Nov 30, 2022

Offshore drilling operator Valaris has extended its service agreement with Survitec, a provider of survival technology solutions, for another three years.The master service and supply contract, originally signed in 2016, covers the annual and five-year inspection…

Offshore Wind: BAR Targets U.S. Crew Transfer Vessel Deployment for 2024

Nov 30, 2022

Marine engineering consultancy, BAR Technologies (BAR), said Wednesday that its low-emission crew transfer vessel (CTV) design, the BARTech 30, will be available for the first U.S. offshore wind projects in 2024, following quotes at several U…

Current News

DeepOcean, Akvaplan-niva to Use ROVs, USVs for Environmental Studies in Offshore Energy Space

DeepOcean, Akvaplan-niva to Use ROVs, USVs for Environmental Studies in Offshore Energy Space

ExxonMobil CEO Gets Pay Raise

ExxonMobil CEO Gets Pay Raise

Offshore Wind: CrossWind Taps KBR for Energy Storage Project

Offshore Wind: CrossWind Taps KBR for Energy Storage Project

Report: Chevron Hits Gas Offshore Egypt

Report: Chevron Hits Gas Offshore Egypt

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