Activity News


Crown Estate Selects 13 Firms to Share $6.4M OW Supply Chain Prize

Dec 10, 2024

The Crown Estate has selected 13 organizations across England, Wales and Scotland to share nearly $6.4 million in funding through the initial round of its innovative Supply Chain Accelerator.Projects receiving funding include those enabling floating wind platforms…

RWE, TotalEnergies Pick Buildout Base for Dutch Offshore Wind Farm

Dec 10, 2024

RWE and TotalEnergies have selected the port of Eemshaven in the northern Dutch province of Groningen as the base for turbine assembly and construction work for their joint offshore wind project OranjeWind in the Dutch North Sea.The OranjeWind…

'Great Sea' Floating Wind Farm Files Key Consent Applications to Scottish Gov

Dec 10, 2024

Muir Mhòr Offshore Wind Farm, developed by joint venture partners Fred. Olsen Seawind and Vattenfall, has submitted both offshore and onshore consent applications to Scottish authorities.The project is the first fully floating offshore wind…

Viridien Concludes Seismic Survey Offshore Malaysia

Dec 10, 2024

Viridien has completed the seismic imaging for the Selat Melaka multi-client 2D seismic program, covering the offshore area of the Langkasuka Basin in Malaysia.The newly available final seismic dataset clearly indicates the presence of a previously unseen Pre-Tertiary fold and thrust belt…

Hanwha Ocean Gets Bureau Veritas Clearance for FPSO Design

Dec 10, 2024

Shipbuilder Hanwha Ocean has secured an Approval in Principle (AiP) from certification body Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design, which includes the latest developments in advanced digital solutions to support more energy efficient operations…

BP's Offshore Wind Chief to Resign

Dec 10, 2024

BP's head of offshore wind Matthias Bausenwein is leaving the company, a spokesperson told Reuters on Monday, after the oil major announced it was spinning off its offshore wind operations into a joint venture with Japanese power firm JERA.Bausenwein…

Petrobras Plans Major Investment Cut for Oil and Gas Platforms Decommissioning

Dec 10, 2024

Brazil's state-run oil firm Petrobras cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…

Kuwaiti Oil and Gas Firm Exploring More Opportunities in Indonesia's Natuna Sea

Dec 10, 2024

Kuwait Foreign Petroleum Exploration Company (KUFPEC) is looking at more oil and gas opportunities in Indonesia's Natuna Sea, its country representative said on Monday, with Indonesian President Prabowo Subianto looking to boost the country's production…

Equinor Delays Johan Castberg Field Start-Up to Early 2025

Dec 10, 2024

Equinor and its partners Vår Energi and Petoro have postponed the start-up of Johan Castberg field, located in the Norwegian part of the Barents Sea, to January or February 2025 from the initial plan to bring the field on stream by the end of 2024…

Harbour Energy Confirms Gas Discovery in Norwegian Sea

Dec 10, 2024

Harbour Energy has proven gas discovery in an appraisal well in the Norwegian Sea, drilled with Transocean Norge semi-submersible drilling rig.The gas has been proven in an appraisal well 6507/4-5 S, in license 211 CS, located 270 kilometers north of Kristiansund…

Borr Drilling Norve Jack-Up to Stay in West Africa Under New Contract

Dec 10, 2024

Offshore drilling contractor Borr Drilling has secured a contract for its Norve jack-up rig for drilling operations in West Africa.The work, with a repeat customer whose name was not disclosed, is in direct continuation of the Marathon Oil contract and is estimated to begin in third quarter of 2025…

SLB Introduces AI-Driven Tool for More Efficient Autonomous Drilling Solutions

Dec 09, 2024

Global energy technology company SLB has introduced Neuro autonomous geosteering, which dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations…

NSC and PlanSea to Develop AI-Powered Subsea Decommissioning Tech

Dec 09, 2024

The National Subsea Centre (NSC), a center of excellence for subsea research and technology development, has been awarded a grant to develop a subsea decommissioning optimization software demonstrator with PlanSea, a developer of marine logistics artificial intelligence (AI) technology…

Israeli Firm Launches Middle East’s First Grid-Connected Wave Energy Plant

Dec 09, 2024

Eco Wave Power has officially switched on wave energy power plant, developed in collaboration with EDF Renewables IL, at Tel Aviv’s Port of Jaffa.The EWP-EDF One project has 100 kW installed capacity and is comprised of 10 wave energy floaters…

Petronas Awards PSCs for Nine Fields and One Exploration Block off Malaysia

Dec 09, 2024

Malaysia’s state-owned energy giant Petronas has awarded Production Sharing Contracts (PSCs) for three oil and gas clusters and one exploration block offered under the Malaysia Bid Round (MBR) 2024, with Shell and ConocoPhillips among the winners…

Current News

Mooreast, GMC Eye North Sea Offshore Wind and O&G Opportunities

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DOF Bags Two Deals in Asia-Pacific Region

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