Activity News

 

PGS Wins 4D Survey Contract Offshore West Africa

Nov 09, 2023

The Norwegian marine seismic survey services firm PGS said Thursday it had secured a 4D survey contract with an undisclosed client offshore West Africa.Mobilization is scheduled for Q4, and the contract has a total duration of approximately 60 days…

Vietnam Will Struggle to Meet 2030 Offshore wind goal, Top Official Says

Nov 09, 2023

Vietnam will have a hard time reaching its offshore wind power target for 2030, a top executive at a state-owned energy company said, with foreign investors also warning of multiple regulatory hurdles that would need to be cleared.The Southeast…

Shell Sues Greenpeace for Boarding Penguins FPSO While in Transit

Nov 09, 2023

Shell is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters.The British oil and gas major filed the claim in London's High Court…

ABS Approves New FPSO Newbuild Hull Design Concept

Nov 08, 2023

Classification society ABS announced it has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage and offloading unit (FPSO) newbuild hulls from India's Shapoorji Pallonji Energy (SPE)…

New Fortress Expects LNG from Mexico Altamira FLNG by Year-end

Nov 08, 2023

U.S. energy company New Fortress Energy NFE.N expects to produce the first liquefied natural gas (LNG) at its Altamira export plant in Mexico by the end of the year, it said on Wednesday.Atlamira will be Mexico's first LNG export plant.The company…

Van Oord Wins $533M in Offshore Wind Contracts in Poland and Taiwan

Nov 08, 2023

Dutch offshore installation firm Van Oord has been awarded two new offshore wind projects Baltic Power in the Baltic Sea and Greater Changhua 2b and 4 in Taiwan. The contracts have a combined value of more than EUR 500 million (~currently around 533 million)…

Japan Says to Ensure U.S. Sanctions on Russia LNG Project Won't Harm Supplies

Nov 08, 2023

Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake, Industry Minister Yasutoshi Nishimura said on Tuesday.Japan, the world's second-largest liquefied natural gas (LNG) buyer…

Dolphin Drilling Names Ex-Awilco Drilling CEO as Chief Strategy Officer Amid Offshore Drilling Rebound

Nov 08, 2023

Offshore drilling contractor Dolphin Drilling said Wednesday it had appointed Jon Oliver Bryce as Chief Strategy Officer, as, the company says, the market for mid-water moored semi-submersibles continues to rebound.Jon Oliver Bryce, the former…

Aker Solutions to Deliver HVDC Offshore Platform for 1.4GW Offshore Wind Farm in UK

Nov 08, 2023

Norway-based Aker Solutions, a provider of solutions, products, and services to the global energy industry, has been awarded a limited notice to proceed contract from Vattenfall for the Norfolk Vanguard West Offshore Wind Farm off the coast of Norfolk…

Vestas Q3 Beats Forecast on Higher Turbine Prices, Easing Bottlenecks

Nov 08, 2023

Danish wind turbine maker Vestas on Wednesday reported third-quarter operating profits and revenue above expectations, reflecting an easing of supply chain disruptions and higher prices for turbines, boosting its shares 9% in early trade.The…

Suriname Offers 11 Offshore Blocks in Bidding Round

Nov 08, 2023

A unit of Suriname state-owned energy company Staatsolie on Tuesday launched a competitive bidding round for 11 offshore areas in the country, with bids to be submitted through May.The blocks, in the nearshore and shallow offshore areas, are…

Advanced Watertek Puts Focus on Offshore Sustainability at OJME Conference

Nov 08, 2023

Advanced Watertek, a provider of water treatment solutions, has recently delivered a presentation that emphasized the alignment of offshore operations with Global Sustainable Development Goals (SDGs) and Environmental, Social, and Governance (ESG) requirements…

Equinor Prepares Sale of Rosebank Oilfield Stake

Nov 07, 2023

Equinor is preparing to sell a 20% stake in its Rosebank oil development in the British North Sea, which could fetch about $1.5 billion, two industry sources said.The Norwegian energy giant is seeking to sell a quarter of its 80% stake in the project…

Icon Offshore Secures AHTS Deal with SEA Hibiscus

Nov 07, 2023

Malaysian offshore vessel owner Icon Offshore unveiled Thursday that it had received a Letter of Award from SEA Hibiscus for the provision of one 60MT anchor handling tug supply vessel to perform their 2023/24 drilling campaign. The provision of service started on October 24…

Saudi Aramco Net Profit Drops Broadly as Expected, Shares Inch Up

Nov 07, 2023

Saudi Aramco on Tuesday reported a 23% fall in third-quarter net profit on the back of lower oil prices and volumes sold, marginally beating analyst estimates and helping underpin its shares.Net profit fell to $32.6 billion for the quarter to Sept…

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