Brazil state-run oil company Petrobras said on Monday its executive management had approved the closing of the competitive process for a 50% stake in Marlim oil field, confirming that the cluster is no longer for sale.'Considering the alignment…
An official launching ceremony for the Green Jade DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was held at CSBC’s shipyard in Kaohsiung, Taiwan.The news was shared by the Belgian offshore installation firm DEME Offshore…
Shallow water drilling company Borr Drilling has won new contracts and extensions for five of its premium jack-up drilling rigs. 'These awards increase the company's backlog by approximately 2,530 days [around 6.9 years], excluding optional periods…
Oslo-listed FPSO leasing company BW Offshore has entered into a short-term contract extension for the Espoir Ivoirien FPSO, moored offshore Ivory Coast.The vessel's firm contract with CNR is scheduled to expire in 2022, but there are extension…
U.S. oil major ExxonMobil has made a final investment decision for its fourth and largest oil field development offshore Guyana - the Yellowtail - after receiving government and regulatory approvals.ExxonMobil said that the Yellowtail project in the Stabroek Block is expected to produce about 250…
A fire broke out in a store room at the Petrojarl Foinaven, located at BP's Foinaven field, west of Shetland, on Saturday, prompting an evacuation of non-essential staff, BP has confirmed to Offshore Engineer.'BP is working with [Petrojarl Foinaven]…
British oil major BP, the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) has awarded Genesis the NEP offshore FEED.In October 2021, the UK government selected the Northern Endurance Partnership’s…
Russia's Gazprom said on Friday it was quitting its business in Germany at a moment of crisis in the vital energy ties between the two countries in the wake of Russia's invasion of Ukraine.The gas giant gave no details or explanation of its…
Australian oil and gas company Karoon Energy plans to drill a control well and, subject to the results of that well, a second control well in the Neon oil discovery, offshore Brazil. 'This decision is based on extensive pre‐development studies…
Brazilian state-run oil company Petrobras announced on Friday that it had discovered an oil accumulation in the southern portion of the Campos Basin.The oil was found in a pioneering well in the Alto de Cabo Frio Central block, which is owned by Petrobras and BP…
Norwegian energy company Equinor has hired Technip Energies to carry out a Front-End Engineering Design (FEED) for the offshore floating wind Firefly project, located 70 kilometers offshore the East Coast of South Korea.The FEED contract covers the engineering…
Kongsberg Maritime will supply integrated equipment packages for two more Integrated Wind Services' offshore wind commissioning service operation vessels, slated for delivery in H1 2024.IWS already has the two identical vessels on order for delivery in 2023…
Marine seismic survey firm Shearwater GeoServices has secured deals for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (“KNOC”). This is Shearwater’s first contract with KNOC…
The American Bureau of Shipping said Monday that the recently ordered wind turbine Installation vessel Sembcorp Marine is building for Maersk Supply Service would be built to ABS Class.Maersk Supply Service's vessel will be capable of handling the latest generation 15MW turbines…
Danish offshore drilling company Maersk Drilling has won contracts with Shell for the provision of its Maersk Voyager drillship for drilling services offshore multiple countries. The contracts are expected to start in April 2022, with a total firm duration of one year…