The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this – including Saudi…
Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field, offshore Brazil.PRIO, Brazil’s largest independent oil and gas company…
Space Norway and SubCom announced that a contract is in-force for the survey, design, supply and installation of the Arctic Way Cable System. Providing necessary route diversity to a region with rapidly increasing data traffic demands, the new…
Shell Offshore and Shell Pipeline Company (SPLC), subsidiaries of Shell, have completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of America through the acquisition of working interest from ConocoPhillips…
In this segment of Offshore Engineer TV, Paula Lepore, Global Projects Engineering Manager and Anshul Godha, Materials Scientist at Parker Hannifin discuss a new approach to understanding and mitigating stress corrosion cracking (SCC) and hydrogen embrittlement (HE): including what it is…
MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.MODEC and Sumitomo Heavy Industries signed…
GLO Marine and VMS Group Denmark have secured a multi-vessel retrofit work for offshore support vessel operator Tidewater, expanding their role in the offshore energy sector.Covering 16 vessels across three continents, including several in U…
Cerulean Winds, the lead developer of the Aspen, Beech and Cedar floating offshore wind farms, has completed Digital Aerial Surveys (DAS) for the projects planned to be built in the Central North Sea.The ecological data has been collected across an area of 2…
Iberdrola has closed a strategic agreement with Kansai, Japan's second largest electricity company, to co-invest in the 315 MW German offshore wind farm Windanker, located in the Baltic Sea.After obtaining all the necessary regulatory approvals…
DNV has completed the technology qualification (TQ) of Subtera’s passive terahertz sensor technology designed to detect corrosion under insulation (CUI) and the trapped moisture that causes it, a pervasive challenge in industrial plants.CUI…
French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Búzios 10 offshore project located at the Búzios field, operated by Petrobras.The contract represents nearly 18,000 tons of subsea seamless premium carbon steel line pipes…
Sercel has launched the WiNG DFU-3C, a three-component version of its field-proven WiNG land seismic nodal solution. The WiNG DFU-3C supports a growing need for high-end seismic applications for the energy and mineral E&P sectors.The new integrated…
Equinor has established a new business area, combining renewables with its gas-to-power and energy storage units as it aims to capitalize of rising power demand.The announcement comes in response of growing power demand from electrification of society and industry…
ScottishPower Renewables, part of the Iberdrola, has awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract for its East Anglia TWO offshore substation and jacket foundation to HSM Offshore Energy…
Global technology company SLB announced a partnership with Shell to deploy Petrel subsurface software across its assets worldwide. The adoption of Petrel software is designed to increase digital capabilities and drive operating cost efficiencies…
