Activity News

 

PGS Expands Seismic Survey in Egypt’s West Mediterranean

Jan 18, 2024

Norwegian offshore seismic survey firm PGS has started acquiring data on the EGY24 Nefertiti survey using the Ramform Hyperion vessel.The 3D GeoStreamer survey is the latest in a series of PGS surveys offshore Egypt, expected to enable better…

Norway's METCentre Invites Bids for Floating Wind Test Berth

Jan 18, 2024

Marine Energy Test Centre (METCentre) in Norway has launched a tender process for companies or consortia looking to test their floating offshore wind technology.The test center for floating offshore wind METCentre has an available berth, located outside of Karmøy on the west coast of Norway…

Equinor Awards $143M Contract for Snøhvit Future Project

Jan 18, 2024

On behalf of the Snøhvit partners, Equinor has awarded a construction and installation contract to Leonhard Nilsen & Sønner (LNS) to build a tunnel and landfall for the project expected to strengthen Norway’s position as a long-term supplier of gas produced with very low greenhouse gas emissions…

Valeura Gears Up for Busy Year in Gulf of Thailand

Jan 18, 2024

Canada-based oil and gas company Valeura Energy has announced plans to invest around $8 million in 2024 for new exploration within its Gulf of Thailand licenses, with opportunities identified in Wassana North, Nong Yao D, and the Ratree Prospect…

Saudi Arabia Unveils Oil Platform-Inspired Adventure Tourism Rig

Jan 18, 2024

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has launched the masterplan for THE RIG – a world-first adventure tourism destination to be built on an offshore platform in the Arabian Gulf.The vision for THE RIG project…

Stena Drilling Takes Delivery of Stena Evolution Drillship

Jan 17, 2024

Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…

Shell Halts All Red Sea Shipments

Jan 17, 2024

British oil major Shell suspended all shipments through the Red Sea indefinitely after U.S. and U.K. strikes on Yemen's Houthi rebels triggered fears of further escalation, the Wall Street Journal reported, on Tuesday, citing people familiar with the decision…

Esvagt to Build New SOV to Service Dutch Offshore Wind Farm

Jan 17, 2024

Danish vessel owner Esvagt has secured a service contract with Vestas for Ecowende’s Hollandse Kust (west) offshore wind farm in the Netherlands, and started the process of designing and building the new service operation vessel (SOV).The newbuild will be the sixth purpose-built SOV for Vestas…

Ignitis and CIP Secure Second Offshore Wind Deal in Estonia

Jan 17, 2024

Copenhagen Infrastructure Partners (CIP) and Ignitis Renewables have placed the highest bid in Estonia’s auction-based competitive tender, securing the rights for the development of an offshore wind farm in the Liivi 1 seabed area.CIP and Ignitis Renewables placed the highest bid of $1…

Shell Makes FID for Victory Gas Field in North Sea

Jan 17, 2024

Shell has taken a final investment decision (FID) on the Victory gas field in the UK North Sea, approximately 47 km north-west of the Shetland Islands.Once onstream, the field will help to maintain domestically produced gas for Britain’s homes…

Potential Offshore Wind Projects Under Assessment for Santos Basin

Jan 17, 2024

Petrobras, Shell Brasil, TotalEnergies, CNPC, and CNOOC, along with the Universidade Federal do Rio Grande do Sul (UFRGS), have started a series of offshore wind measurements in the Santos Basin to gather data for potential floating wind projects at Búzios and Mero fields offshore Brazil…

TechnipFMC Gets ‘Significant’ Contract from BP in Gulf of Mexico

Jan 17, 2024

Oilfield services company TechnipFMC has secured a ‘significant’ contract from BP for its Argos Southwest Extension project in the Mad Dog field.TechnipFMC will install pipe and an umbilical, tying back three new wells to the Argos platform in the Gulf of Mexico…

BP Appoints Murray Auchincloss as New CEO

Jan 17, 2024

BP has appointed Murray Auchincloss as its chief executive officer with immediate effect.Murray, who has been interim CEO since September 2023, will continue as a member of the BP board. His appointment has been made following a robust and competitive search process…

Norway Offers 24 Companies Ownership Interest for Oil and Gas Licenses

Jan 16, 2024

Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024…

Coretrax Boosts Well Intervention Portfolio and Secures New Deals

Jan 16, 2024

Oil and gas well integrity and production optimization company Coretrax has strengthened its well intervention capabilities after acquiring a complementary suite of technology from Wireline Drilling Technologies.After completing the acquisition and expanding its offering…

Current News

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North Sea Boulevard on Maasvla

Orsted Sells 55% Stake in Taiwan Offshore Wind Farm to Cathay

Orsted Sells 55% Stake in Taiw

Sperra Seaworks, Bardex to Advance Floating Construction Station for UK Offshore Wind

Sperra Seaworks, Bardex to Adv

Aphrodite Gas Field off Cyprus Advances as Partners Approve FEED Phase

Aphrodite Gas Field off Cyprus

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