Activity News


UK Offers 24 More North Sea Oil and Gas Licenses

Feb 01, 2024

The North Sea Transition Authority (NSTA) has offered 24 licenses in the second tranche of the U.K.’s 33rd oil and gas licensing round for 17 separate companies among which are Shell, Equinor, BP, TotalEnergies and NEO.On January 31, 2024, NSTA…

ROV Specialist FET Names First Ever Energy Transition Chief

Jan 31, 2024

ROV specialist Forum Energy Technologies (FET) has appointed Martin Thomson as its first ever energy transition business development manager within its subsea business.Martin Thomson, who will be based at the company’s Aberdeen office, brings…

Construction of CSOV for Taiwan’s Offshore Wind Market Kicks Off in Vietnam

Jan 31, 2024

The steel cutting ceremony for the new Construction Service Operation Vessel (CSOV), being built by Damen for Ta San Shang Marine (TSSM), a joint venture between Japan’s Mitsui O.S.K. Lines and Taiwan’s Ta Tong Marine, took place in Vietnam…

Nebula Energy Acquires Majority Stake in AG&P LNG for $300M

Jan 31, 2024

Nebula Energy, a U.S.-based asset management company focused on liquefied natural gas (LNG), has acquired majority stake in AG&P LNG for $300 million.With operational headquarters in the UAE, AG&P LNG will now operate as an independent subsidiary of Nebula Energy with key offices in UAE…

K2 Management Gets South Korea Offshore Wind Job

Jan 31, 2024

Danish company K2 Management (K2M) has been selected by Pacifico Energy Korea as Owner’s Engineer for first phase of Pacifico Energy Korea’s 3.2 GW offshore wind farm complex.K2M will provide pre-construction analysis and technical support on the first phase of the project…

Technip Energies Scores FEED Contract for Viking CCS Project

Jan 31, 2024

Harbour Energy and its project partner BP have awarded Technip Energies a Front-End Engineering Design (FEED) contract for the Viking carbon capture and storage (CCS) project.The contract includes responsibility for the design of the CO2 transportation…

Deep Wind and Hydepoint Partner Up for Offshore Wind Hydrogen Production

Jan 31, 2024

Norway-based company Deep Wind Offshore has entered into collaboration with Hydepoint to explore offshore hydrogen production from offshore wind.The two companies will work together to explore best possible integration of offshore wind and hydrogen…

QatarEnergy Awards $6B in EPCI contracts for Al-Shaheen Oil Field Expansion

Jan 31, 2024

QatarEnergy has awarded the four main Engineering, Procurement, Construction, and Installation (EPCI) contract packages related to the next development phase of the Al-Shaheen field, Qatar’s largest offshore oil field, to increase production by about 100…

Coastal Virginia Offshore Wind Farm Gets Final Federal Blessing

Jan 31, 2024

Dominion Energy, the developer of Coastal Virginia Offshore Wind (CVOW) farm, has secured the last two major federal approvals needed to begin the construction of the 2.6 GW project.The approvals are keeping the largest offshore wind farm in the United States on schedule to generate clean…

Southeast Asia’s 1MW Tidal Energy Plant to Feature HydroWing Tech

Jan 31, 2024

Energies PH, through its affiliate San Bernardino Ocean Power Corporation, has awarded an engineering, procurement, and construction (EPC) contract to Inyanga Marine Energy Group to build tidal energy plant in Southeast Asia, which will feature HydroWing technology…

New Fortress Energy Gets US Clearance to Ship Altamira LNG

Jan 31, 2024

U.S. Customs and Border Protection has issued a ruling to New Fortress Energy, confirming that the transportation of LNG produced at the its FLNG facility located offshore Altamira in Mexico by non-U.S. qualified vessels would not violate the Jones Act…

SLB and Equinor Set Autonomous Drilling Record Offshore Brazil

Jan 30, 2024

Oilfield services and technology company SLB and Equinor have drilled the most-autonomous well section to-date at Peregrino C platform offshore Brazil, marking a significant step forward to fully autonomous drilling operations.SLB digital technologies for surface automation…

GEOS Lands Contracts for Two PSVs with Oil Major

Jan 30, 2024

Norwegian vessel owner Golden Energy Offshore Services (GEOS) has entered into contracts for two of its platform supply vessels (PSVs) – Energy Passion and Energy Paradise.The contract is with ‘Tier 1 international oil major’ whose name was not disclosed…

Saudi Arabia Instructs Aramco to Lower Oil Production Capacity Target

Jan 30, 2024

Saudi Aramco on Tuesday said it was asked to cut its planned maximum sustainable oil production capacity to 12 million barrels a day (bpd), having raised it to 13 million bpd almost four years ago.The move in no way reflects a change of view…

EMGS Scoops $11.7M Survey Contract Offshore Brazil

Jan 30, 2024

Norway-based Electromagnetic Geoservices (EMGS) has secured a contract with Petrobras for a fully prefunded multi-client survey offshore Brazil.The total contract value is approximately $11.7 million, according to EMGS.The survey is expected to start late March or early April 2024…

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