Activity News

 

OKEA and DNO Exchange Stakes in Mistral and Horatio Prospects Off Norway

Dec 19, 2024

Norwegian oil and gas companies DNO and OKEA have entered into swap agreement to exchange 10% interests in production licenses that contain Mistral and Horatio prospects.As part of the agreement, DNO Norge will pick up 10% interest in PL1119 containing the Mistral prospect…

Woodside and Chevron Swap Australian Oil and Gas and CCS Assets

Dec 19, 2024

Woodside and Chevron have agreed an asset swap in Australia to streamline their portfolios of oil and gas, liquefied natural gas (LNG), and carbon capture and storage (CCS) projects.Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project…

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Dec 18, 2024

Idle time for a drilling rig costs about $250,000 an hour. AI is being embraced across the industry to ensure it doesn’t happen.A while back, an energy major had an unfathomable, intermittent problem with its drilling operations. It was beginning to cost big money…

Windward Offshore Lines Up Key Suppliers for New CSOV Fleet

Dec 18, 2024

With four commissioning service operation vessels (CSOVs) currently under construction, German shipowner Windward Offshore has formed strategic partnerships with major industry suppliers such as Ampelmann, MAN Energy Solutions, and others, to ensure safe and high-quality delivery of the vessels…

NAM Extends BrandSafway’s Maintenance Contract for North Sea Assets

Dec 18, 2024

Brand Energy & Infrastructure Services by BrandSafway has secured a six-year extension to its maintenance term contract with oil and gas production company NAM Offshore for its assets in Southern North Sea.With a strong focus on safety and productivity…

Inyanga Unveils Tidal Energy Tech Design for 20MW Project in Wales

Dec 18, 2024

Inyanga Marine Energy Group has presented the design blueprint for its 20 MW HydroWing tidal energy technology, set for deployment at Morlais site in Wales.The tidal energy array will incorporate the Tocardo T3 turbine, rated at 600kW, for the first time…

Bureau Veritas, SHI Partner Up for Floating Storage and CCS Solutions

Dec 18, 2024

Bureau Veritas Marine & Offshore (BV) and Samsung Heavy Industries (SHI) have partnered up to develop Floating CO2 Storage Units (FCSU) and Carbon Capture and Storage (CCS) projects in the Republic of Korea in an effort to cut greenhouse gas emissions…

Shell to Seek Suriname’s Approval for Four-Well Offshore Drilling Plan

Dec 18, 2024

BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American country's environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday…

Google Signs PPA for GW-Scale Integrated Wind, Solar and Hydrogen Project

Dec 18, 2024

Copenhagen Infrastructure Partners (CIP) has signed a power purchase agreement with Google, which will source 250 MW of wind power generated at the Zeevonk project to power its Dutch operations for 15 years.Zeevonk, a joint venture between Vattenfall and CIP…

Fugro to Perform Fully Remote Subsea Surveys for Petrobras Off Brazil

Dec 18, 2024

Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil.Work will begin in January 2025…

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Dec 18, 2024

Golar LNG has decided to call off the floating liquefied natural gas (FLNG) vessel conversion job with Seatrium, following the sale of a Moss type liquefied natural gas (LNG) carrier Golar Gandria for demolition.The first two floating liquefaction…

TechnipFMC to Supply Subsea Production System for Shell’s Nigerian Deepwater Project

Dec 18, 2024

Oilfield services company TechnipFMC has secured a contract with Shell’s subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo) to supply its Subsea 2.0 production systems for the Bonga North development offshore Nigeria…

Transocean’s Drillship to Stay in India Under New $111M Deal

Dec 18, 2024

India-based oil company Reliance Industries Limited has exercised an option under the previously agreed firm contract with Transocean for its Dhirubhai Deepwater KG1 drillship.Offshore drilling contractor Transocean informed that a four-well…

Denmark Issues Offshore Wind Permit

Dec 17, 2024

The Danish Energy Agency has granted a construction permit for 240-megawatt (MW) Jammerland Bugt offshore wind farm, which is expected to start operating in 2029, developer European Energy said on Tuesday.The project is located in the Bay of Jammerland…

Mandatory Turbine Upgrade Mandate Upsets Wind Industry

Dec 17, 2024

Wind parks operating in the Spanish region of Galicia will be obliged to replace ageing turbines after 25 years under a package of measures approved by the regional parliament on Tuesday, sparking an outcry from the renewables industry.Under the rules which come into force on Jan…

Current News

Shell Greenlights Waterflood Project to Bolster Production in Gulf of America

Shell Greenlights Waterflood P

ESVAGT Acquires Two SOVs from Edda Wind

ESVAGT Acquires Two SOVs from

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dräger to Supply Gas Detection

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

NKT Expands Swedish Cable Acce

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