Norwegian offshore engineering and construction firm is set to deliver a 5000-ton module for the riser platform at the giant Johan Sverdrup oil field off Norway.'The module is a part of the field’s second development phase and is the latest…
Brazilian oil firm Enauta said Monday that production from its Atlanta field offshore Brazil was affected by a failure in the pumping system at two wells. The Atlanta Field is currently producing oil through one well only. 'Two wells stopped production in the last few days…
The construction of the 1.5GW Hollandse Kust Zuid offshore wind farm in the Netherlands has started, Vattenfall, the wind farm operator said Monday.'The first vessel transporting foundations to the construction site departed today. Over the next two years…
Mexico chose state-owned Pemex to run a major shared oil find over the private consortium led by a U.S. oil company that first discovered it, in the latest win for President Andres Manuel Lopez Obrador's nationalistic energy policies.The disputed deposit…
More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted interest from suppliers for some recent FPSO tenders…
The Australian government on July 1 released a Request for Expressions of Interest (REOI) for Phase 1 works related to decommissioning of the Northern Endeavour FPSO currently at Laminaria-Corallina oil fields in the Timor Sea.After the offshore fields' owner…
Offshore installation firm Fred. Olsen Windcarrier (FOWIC) has secured a deal with wind turbine maker Vestas for the transportation and installation of 50 Vestas V174-9.5MW wind turbines at the Baltic Eagle offshore wind farm in Germany. The…
ExxonMobil's Jabillo-1 offshore well in Guyana's Canje Block has reached the planned target depth, however, without finding evidence of commercial hydrocarbons, Exxon's partners in the block said Monday.The Jabillo-1, drilled by the Stena Carron drillship will now be plugged and abandoned…
The United Arab Emirates on Sunday said it supported an increase in oil output from August but suggested deferring to another meeting a decision by OPEC+ on extending its global oil supply pact beyond April 2022, state news agency WAM reported…
Triumph Subsea Services last week said it had cancelled a letter of intent with Infrastrata related to the proposed construction of an offshore wind development vessel, and said it wouldn't build any vessels with Infrastrata or any of its shipyards…
Qatar Petroleum has signed agreements with France's TotalEnergies to acquire interests in three offshore exploration blocks in South Africa.Subject to regulatory approvals, Qatar Petroleum will hold a 25% stake in the South Outeniqua block, a 30% interest in the DWOB block…
Russian oil company Lukoil has agreed to acquire a 50% operator stake in the Area 4 project offshore Mexico.The transaction value is $435 million-plus expenditures incurred in 2021 as of the transaction completion date. The completion of the transaction is subject to certain conditions…
Azerbaijan’s state energy company, SOCAR, said on Sunday its offshore gas platforms in the Caspian Sea were safe after media reports of a large fire in the area.Videos and photos published online showed smoke rising above the sea off the coast…
A fire on the ocean surface west of Mexico's Yucatan peninsula early on Friday has been extinguished, state oil company Pemex said, blaming a gas leak from an underwater pipeline for sparking the blaze captured in videos that went viral.Bright…
Integrated Wind Solutions, a recently formed offshore wind service company owned by Norway's Awilhelmsen investment group, has acquired a 75% stake in Danish Procon Group A/S.ProCon is an engineering, construction, and service solution provider…
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