German oil company Wintershall Dea said Monday it had decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required measures. 'This decision is the result of a very thorough…
Dutch offshore survey specialist Fugro has won a contract with Danish grid operator Energinet in relation to the Energy Island that will be built in the Danish North Sea to serve as an offshore power plant distributing up to 10 GW of offshore wind to Denmark and other neighboring markets…
Acoustic and inertial position reference systems from marine technology company Sonardyne have been chosen to underpin the critical station-keeping activities of multiple deepwater vessels operating in the energy and ocean research sectors.UK-based Sonardyne said Tuesday that…
Russia on Monday urged Germany and the European Union not to drag its feet over certification of the Nord Stream 2 gas pipeline, which has become a focal point in political disputes between Moscow and the West.The pipeline to Germany would double…
Japan's NYK and Norway's Knutsen Group have formed a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business using the Knutsen developed technology PCO2 which allows transport of liquified CO2 at ambient temperatures…
The drilling of Beacon Offshore Energy's Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico has been completed with the well showing encouraging results, Kosmos Energy, a partner in the project said Tuesday…
Norwegian offshore seismic data acquisition firm PGS has secured a Carbon Capture and Storage (“CCS”) 3D seismic acquisition contract with BP in the UK.PGS will carry out the survey over the Endurance reservoir, located about 145 kilometers…
French seismic data specialist CGG has secured a three-year contract extension to keep operating a dedicated permanent reservoir monitoring (PRM) imaging center in Equinor’s Stavanger offices. Equinor’s asset teams analyze the 4D seismic images…
Japan's biggest oil and gas explorer Inpex Corp will conduct exploratory offshore drilling off western Japan from March to July in the hope of finding natural gas, the company and a ministry of industry official said.The project, off the Yamaguchi and Shimane prefectures…
Thistle Wind Partners (TWP), a consortium of DEME Concessions (Wind) NV (42,5%), Qair Marine SAS (42,5%), and Aspiravi International NV (15%), had been awarded 2GW worth of option areas in Scotland’s highly competitive ScotWind seabed leasing process…
Norway, the world’s top market for subsea tie-back projects in coming years, is facing an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, a Rystad Energy report reveals…
BP, Shell, and utility Iberdrola were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction that raised nearly 700 million pounds ($958 million) for public spending.Competition for offshore wind sites has…
Norway-based offshore shipowner IWS Fleet said Monday that the first steel had been cut in China for its Construction Service Operation Vessel (CSOV).The steel cutting ceremony was held at the China Merchants Heavy Industry facility in Jiangsu…
Oil and gas company Lundin Energy has drilled a dry well at the Melstein prospect in the production licence 886, offshore Norway.The wildcat well has been drilled about 72 km east of the Ormen Lange field in the Norwegian Sea and 55 km northwest of Kristiansund…
Ørsted, Falck Renewables, and BlueFloat Energy have won the seabed rights off the northeast coast of Scotland to an up to 1GW floating offshore wind site. This will be Ørsted’s first large-scale floating wind development project anywhere in the world…