Activity News

 

Norway Attracts 21 Bidders in Latest Oil and Gas Exploration Round

Sep 06, 2024

Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker BP and TotalEnergies.The Norwegian authorities have received applications from…

EU Grants Over $20M for Pilot Wave Energy Farm Offshore Portugal

Sep 06, 2024

The Ondas de Peniche (ONDEP) project has been awarded $21 million (€19 million) from the EU’s Horizon Europe funding program to deploy a 2 MW wave energy array featuring four WaveRoller wave energy converters.The ONDEP project will start in October 2024 and last for five and a half years…

Seatrium Hires KBR on Topsides Job for FPSOs Bound for Petrobras Brazil Fields

Sep 06, 2024

U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin…

TGS Starts 2D Seismic Survey Offshore Sumatra

Sep 06, 2024

Norwegian seismic company TGS has started the acquisition of a 2D seismic survey in the Sumatra basin, Indonesia.The survey, conducted using COSL’s HYSY 718 vessel, is expected to comprise between 5,500- and 6,500-line kilometers, covering two regions…

Constellation’s Alpha Star Gets Shell’s Brazil Job

Sep 06, 2024

Offshore drilling contractor Constellation has secured a new contract with Shell for its Alpha Star ultra-deepwater drilling rig offshore Brazil.The contract is for approximately 30 days, having started on August 30, 2024.The new contract will…

SBM Offshore and MISC Berhad Ink Share Purchase Deals for Two FPSOs

Sep 06, 2024

SBM Offshore has signed two share purchase agreements with its partner MISC Berhad related to two floating production storage and offloading (FPSO) units.Under the agreement, SBM Offshore will acquire MISC Berhad’s entire effective equity interest…

Two Shelf Drilling Jack-Ups Secure Work in West Africa

Sep 06, 2024

Offshore drilling firm Shelf Drilling has secured new contract awards for two of its jack-up rigs in West Africa.The first contract is for the Shelf Drilling Mentor, covering 10 wells and an estimated duration of 450 days in direct continuation of the rig’s current campaign in Nigeria…

US Approves Maryland Offshore Wind Project

Sep 05, 2024

President Joe Biden's administration on Thursday announced final approval of a wind project off the coast of Maryland, bringing the U.S. halfway to its goal of deploying 30 gigawatts of the clean energy technology by 2030.The project is the 10th approved by Biden's Interior Department…

OPT Concludes Next-Gen PowerBuoy Ocean Trials

Sep 05, 2024

Ocean Power Technologies (OPT) has completed more than four months of offshore testing of its next generation PowerBuoy in the Atlantic Ocean off New Jersey.The solar and wind power equipped PowerBuoy also featured OPT’s proprietary artificial intelligence capable Merrows suite of solutions…

Talos Energy Strikes Oil and Gas in Gulf of Mexico

Sep 05, 2024

Talos Energy and its partners have discovered commercial quantities of oil and natural gas in the Ewing Bank 953 well in the Gulf of Mexico.The EW 953 well encountered approximately 127 feet of net pay in the target sand at approximately 19…

EnQuest Chief Warns of Irreversible Damage of UK Windfall Tax

Sep 05, 2024

Britain's windfall tax on North Sea oil and gas companies' profits is causing irreversible damage to the industry, EnQuest's CEO said on Thursday, adding his voice to critics of the levy the government is poised to increase.On Thursday, EnQuest reported a profit after taxation of $30…

OEG Renewables’ New CTV Secures First Charter at German Offshore Wind Farm

Sep 05, 2024

OEG Renewables, a division of OEG Energy Group, has secured a five-year charter for its multi-purpose Crew Transfer Vessel (CTV) Furioso to support offshore wind farms in Germany.OEG Renewables has completed the construction and sea trials for the CTV Furioso…

Harlyn to Collect and Store Spare Inter Array Cables at Moray West

Sep 05, 2024

UK engineering company Harlyn Solutions has signed an agreement with Ocean Winds for the collection, storage, and emergency preparedness of Moray West’s spare inter array cables.Moray West, overseen by Ocean Winds, the 50/50 joint venture between EDP Renewables and ENGIE…

Santos Pens Mid-Term LNG Supply Deal

Sep 05, 2024

Australian oil and gas major Santos has signed a mid-term LNG supply contract with Glencore Singapore.The contract is to supply 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter…

Taiwan Gets New Offshore Wind Farm Ahead of Schedule

Sep 05, 2024

The 300 MW Zhong Neng offshore wind farm in Taiwan, developed by Copenhagen Infrastructure Partners and China Steel Corporation (CSC), has been inaugurated after completing construction ahead of ahead of schedule.Zhong Neng is the first offshore…

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