The world’s FPSO fleet is getting older, with 55 FPSO units in the global fleet reaching the end of their design life in the next five years, with an additional five having life extension in place. With 19 more FPSOs currently being evaluated for life extension, safety issues and structural integrity concerns come to the fore? Matt Tremblay, ABS Vice President, Global Offshore, explains the challenges for FPSO operators…
Neptune Energy has signed a Memorandum of Understanding with Ørsted and Goal7 to investigate using offshore wind-generated electricity to power new integrated energy hubs in the UK North Sea.Integrated energy hubs have the potential to combine multiple energy systems…
Oilfield services company Petrofac has won two-year operations and late-life asset support contract extension with Spirit Energy in the UK North Sea.Under the contract, Petrofac will provide operations and maintenance support for Spirit Energy’s York platform in the Southern North Sea…
3D at Depth, a subsea LiDAR laser technology company said Tuesday it had received a new patent 11.249.193, 'Systems and Methods for Monitoring Underwater Structures,' from the U.S Patent and Trademark Office. The patent's claims focus predominantly…
American Bureau of Shipping has further developed its approach to aging offshore assets with the publication of the Guide for Life Extension of Floating Production Installations.ABS said that the guidance supported operators looking to extend…
Norwegian oil and gas firm Equinor has agreed to buy all of Spirit Energy’s production licenses in the Statfjord area which spreads across the Norwegian and UK Continental Shelves.The Statfjord area is developed through three integrated production platforms (Statfjord A…
Norwegian oil and gas company Equinor has extended the contract with the engineering and consulting firm Wood for the delivery of maintenance solutions across the Peregrino wellhead platforms (WHP) and FPSO, located offshore Rio de Janeiro, Brazil…
Offshore drilling firm Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40% from 2019 levels by 2030.“Globally, almost one billion people lack access to electricity, and all of us desire…
Engineering firm Wood has won a new operations and maintenance contract with Shell UK (SNS) and Nederlandse Aardolie Maatschappij (NAM) on assets located in the UK and Netherlands sectors of the Southern North Sea basin.The three-year contract…
UK-based oil and gas company Spirit Energy has said it has discovered more gas at its Grove field in the UK North Sea, close to the UK–Netherlands median line.The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth…
Africa-focused oil firm VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. for the provision and operation of a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon…
North Sea oil and gas producer Harbour Energy has tapped consultancy Xodus to assess the infrastructure and modifications required to enable electrification of the oil and gas company's Central North Sea platforms.The move comes following the…
Canadian oil and gas company Suncor Energy said an agreement has been reached for the Terra Nova FPSO (and the namesake oil field) which was last year docked shoreside in Newfoundland after Covid-19 prevented the planned drydocking in Spain…
Offshore energy services company Subsea 7, and its subsidiary Xodus Group have received recognition from OTC for Subsea 7 Nano Engineered Sensor Platform (Subsea 7 NESP), and will receive a Spotlight on New Technology Award at this year's Offshore Technology Conference (OTC)…
ChampionX, a Texas-based oilfield tech company, has said it has won two contracts to deliver its 'non-toxic chemicals' aimed at tackling corrosion to two major North Sea operators.Under the contracts worth £2.8 million ($3.9 USD) in total, the…
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