Offshore Activity - page 208


Deep Value Driller Contracts Scana's PSW Technology Following Saipem Deal

Feb 28, 2023

Scana's PSW Technology has won a contract with offshore drilling firm Deep Value Driller for deep-water BOP stack services. The deal comes just days after Deep Value Driller secured a contract with Saipem for its Deep Value Driller deepwater drillship…

BP Ends Publication of Statistical Review of World Energy after 70+ Years

Feb 28, 2023

BP has decided to end the publication of the Statistical Review of World Energy after more than 70 years and will pass the benchmark report into the hands of the Energy Institute, an industry body, they said on Tuesday.The Statistical Review…

Odfjell Oceanwind Launches Floating Wind Foundation Design for 15MW Turbines

Feb 28, 2023

Norwegian floating offshore wind engineering firm Odfjell Oceanwind has launched a floating wind foundation design, the Deepsea Star, that will be able to take 15 MW and larger wind turbine generators (WTGs).  The company has previously received…

Yinson Bags $5.3B Deal for its First FPSO Project in Angola

Feb 28, 2023

Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the  Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”)…

DNV, Partners Launch JIP to Assess Offshore Wind Installation Emissions

Feb 27, 2023

The maritime classification society DNV has, with its partners, launched a joint industry program to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector. The partners of the JIP called EMRED…

Damen, Ampelmann JV Nets 2-Year Fast Crew Supplier Deal with Petrobras

Feb 27, 2023

OceanXpress, a crew change joint venture between Damen Shipyards Group and Ampelmann, recently secured a two-year offshore support contract in cooperation with Compagnie Maritime Monégasque (CMM) with Petrobras off the coast of Brazil.The Damen Fast Crew Supplier (FCS) 7011 Aqua Helix…

Russia's Lukoil Looks to Sell Stake in Ghana's Pecan Offshore Field

Feb 27, 2023

Russia's Lukoil is in talks with Indian companies to sell its stake in the Pecan oilfield off Ghana, which could help to break an impasse in submitting development plans for the field, sources familiar with the matter said. Talks between Lukoil officials and Indian companies…

Sakhalin-1 Oil, Gas Production Less Than Half of Plan in 2022

Feb 27, 2023

Valery Limarenko, the governor of Russia's far eastern Sakhalin island, told President Vladimir Putin on Monday that oil and gas production at the Sakhalin-1 project was less than half of that planned in 2022. The project saw a sharp decline in output following the departure of U…

Octopus Energy Eyes Rapid Increase in Offshore Wind Spending

Feb 27, 2023

Renewables investor Octopus Energy Generation plans a rapid increase in investment in offshore wind power after spending $1 billion in less than a year.The firm, part of Octopus Energy Group, said it has raised its stake in the 270 megawatt…

EnBW and BP Looking to Build Low-emission Vessels for Offshore Wind Maintentance

Feb 27, 2023

BP and EnBW are collaborating with research and development experts at the UK-based Offshore Renewable Energy (ORE) Catapult to investigate using zero- or low-emission support vessels at offshore wind farms.The two companies are jointly developing…

HAV Design Becomes First European Firm to Design SOV for U.S. market

Feb 27, 2023

The Norwegian company HAV Group said Monday that its ship-design subsidiary, HAV Design, had signed a contract with Fincantieri Bay Shipbuilding to construct a newbuild service operation vessel (SOV) destined for the Coastal Virginia offshore wind project in the U…

Sval Partners with Storegga and Neptune for Trudvang Offshore CO2 Storage Project

Feb 27, 2023

The Norwegian oil and gas company Sval, with its partners Storegga and Neptune, has applied for a CO2 storage license in the Norwegian North Sea. The project, called Trudvang, has the potential to store up to 225 million tons of CO2.The application…

EOG Resources Says Low Natgas Prices Not Changing Drilling Plan

Feb 27, 2023

U.S. oil and gas producer EOG Resources on Friday said it had no plans to alter its strategy around new natural gas drilling, despite a sharp decline in prices this year. Rival producers, including Chesapeake Energy, Southwestern Energy, and Comstock Resources…

BP to Use Gravity-based Structure for Phase 2 of Greater Tortue Ahmeyim Development

Feb 27, 2023

Oil and gas major BP on Monday confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, that it will, together with its partners in the project offshore Mauritania/Senegal…

Capricorn Energy Names Interim CFO

Feb 27, 2023

Capricorn Energy has appointed Clare Mawdsley, previously a director of finance, as its acting chief financial officer, replacing James Smith, the oil and gas producer, which will give a strategy update in April, said on Monday. Smith had stayed…

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