Activity News

 

Vietnam Bets Big on LNG, South China Sea Gas Fields Amid Supply, Security Risks

May 17, 2023

Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported liquefied natural gas (LNG) and its reserves in the South China Sea, despite supply and geopolitical risks…

Brazil: Petrobras Makes Hydrocarbon Find in Santos Basin's Aram Block

May 17, 2023

Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block.The well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1…

CBED's Vessel to Support Work on Ørsted's New Offshore Wind Farm Projects in Germany

May 17, 2023

Offshore accommodation company CBED has won a contract with Ørsted to provide its services for offshore wind farms Gode Wind 3 and Borkum Riffgrund 3 in Germany.After completing the current project on DanTysk and Sandbank offshore wind farms…

Chevron, Exxon Seek State Backing for Australia CCS, Hydrogen Projects

May 17, 2023

Chevron Corp and Exxon Mobil Corp, the two largest U.S. fossil fuel companies, are seeking Australia's backing for carbon capture and storage (CCS) and hydrogen projects as they look to increase investment in a bid to slash the intensity of carbon emissions…

North Sea Energy Sector Mobilizes to Improve Mental Health Support After Disturbing Study Results

May 17, 2023

Nearly 200 representatives of energy industry organizations are looking to devise a plan aimed at enhancing mental health support available to North Sea workers, after a study found a large number of onshore and offshore workers experienced suicidal thoughts while on duty…

World's Largest Floating Wind Farm Powers Up Another Norwegian Offshore Field

May 17, 2023

Norwegian oil and gas Equinor has informed that the Hywind Tampen floating wind farm, the world's largest, has started delivering power to its Snorre field, offshore Norway.'As the operator, we’re proud to announce on behalf of the partners…

Jadestone Energy Gets NOPTA Nod for CWLH Title Transfer, Key to Drawing RBL

May 17, 2023

Asia-pacific focused oil and gas company Jadestone Energy has received approval from Australia’s National Offshore Petroleum Titles Administrator (“NOPTA”) for the title transfer relating to the acquisition of the interest in the Cossack, Wanaea…

Beach Energy Boosts Gas Supply to Australian East Coast Market with Two Otway Basin Wells

May 17, 2023

Australian oil and gas company Beach Energy said Wednesday it had connected the offshore Otway Basin Thylacine North 1 and 2 development wells to the Otway Gas Plant and is now delivering additional gas into the Australian East Coast gas market…

SBM Offshore Picks M.A.R.S. for Sustainable Decommissioning of FPSO Capixaba

May 17, 2023

Modern American Recycling Services Europe, A/S (M.A.R.S.) has been awarded a contract by SBM Offshore for dismantling and green recycling of SBM Offshore’s FPSO Capixaba. The FPSO Capixaba is 362 m long, with a Light Displacement Tonnage of 54…

Shell to Use New AI Technology in Deepwater Oil Exploration

May 17, 2023

Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday. SparkCognition's AI algorithms will process and analyze…

Icebreaker Botnica Lines Up Summer Work with Equinor

May 16, 2023

Tallinna Sadam subsidiary TS Shipping has signed an agreement securing summer work for its multifunctional icebreaker Botnica with Equinor in the U.K.The 40-day charter agreement, which includes a 10-day extension option, will start from June…

FairWind Secures Pre-Assembly Contract for Danish Offshore Wind Farms

May 16, 2023

Wind industry service company FairWind has been awarded the turnkey pre-assembly contract for the offshore wind farms Vesterhav Nord and Syd at the Port of Esbjerg, Denmark.FairWind will be responsible for the pre-assembly erection of 41 Siemens Gamesa’s SG 8…

Purus Wind Orders Two Offshore Wind Vessels from VARD

May 16, 2023

Norwegian shipbuilder VARD has won a contract for the design and construction of two offshore wind Commissioning Service Operation Vessels (CSOVs) from UK-based Purus Wind. Purus Wind will have the option to order two more vessels.The two CSOVs…

QatarEnergy Awards $10B EPC Contract to Technip Energies-led Joint Venture

May 16, 2023

QatarEnergy has awarded Technip Energies-led joint venture with Consolidated Contractors Company (CCC), a $10 billion engineering, procurement, construction, and commissioning contract for the onshore facilities of the North Field South Project (NFS)…

European Energy and Vårgrønn Form Strategic Partnership to Harness Baltic Sea's Offshore Wind Potential

May 16, 2023

Renewable energy developer European Energy and offshore wind company Vårgrønn have entered a long-term strategic partnership to jointly pursue offshore wind opportunities in the Baltic Sea within Lithuania, Estonia, and Latvia.The Baltic states have significant offshore wind potential…

Current News

GMS Scoops Middle Eastern Jack-Up Vessel Deal

GMS Scoops Middle Eastern Jack

Eidesvik Offshore Secures Work for Viking Princess PSV

Eidesvik Offshore Secures Work

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Yinson Production Cuts First S

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

MOL Gets ClassNK Approval for

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