Offshore Energy News - page 10


TechnipFMC Bags $1B Contract with Petrobras

Jan 04, 2024

TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir…

Vineyard Wind Supplies First Power to Grid

Jan 03, 2024

Copenhagen Infrastructure Partners and Avangrid said on Wednesday their joint venture Vineyard Wind began generating power for the first time, supplying five megawatts (MW) to the New England grid.The project is expected to have five turbines operating at full capacity in early 2024…

Equinor, BP Cancel Contract to Sell Offshore Wind Power to New York

Jan 03, 2024

European energy firms Equinor and BP  terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.'This agreement reflects…

BOOST Consortium Deploys Offshore Solar Demonstrator in Spain

Jan 03, 2024

The BOOST project consortium, coordinated by Norwegian company Ocean Sun, has deployed a 270 kWp-rated offshore floating solar demonstrator close to the port of Tazacorte at La Palma, one of Spain’s Canary Islands.Partially funded by the European Union…

Fred. Olsen Windcarrier Secures Work at Baltica 2 Offshore Wind Farm

Jan 03, 2024

Offshore wind installation services company Fred. Olsen Windcarrier has been awarded a contract with Ørsted and PGE for the installation of wind turbines at the Baltica 2, lot 3 offshore wind farm in Poland.Fred. Olsen Windcarrier will mobilize…

Ocean Installer Grabs Major Contract for TotalEnergies' Girassol Life Extension

Jan 03, 2024

Ocean Installer, in consortium with Oceaneering, has secured a significant contract from TotalEnergies EP Angola and its Partners of Block 17 on Girassol FPSO life extension project offshore Angola.Ocean Installer will manage, engineer, and execute the project…

Galp’s Well in Namibia’s Orange Basin Shows Promise

Jan 03, 2024

Portuguese oil and gas company Galp has reported preliminary signs of hydrocarbon presence in an exploration well being drilled offshore Namibia.Galp (operator, 80%) and its partners NAMCOR and Custos (10% each) initiated the drilling campaign in PEL 83…

Aker Solutions to Pilot Subsea Power Distribution System for Floating Wind

Jan 03, 2024

Aker Solutions has signed a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology which has the potential to reduce costs and complexity of offshore wind farms…

Valaris Lands $519M Drillship Deal for Búzios Oil Field Development

Jan 02, 2024

Offshore drilling company Valaris has secured a multi-year contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process.The a 1,064-day contract is anticipated to start late in the fourth quarter 2024…

DOF Secures $60M Contract for Work on Gas Field Offshore Philippines

Jan 02, 2024

Prime Energy has extended the contract for DOF’s multipurpose supply vessel (MPSV) Skandi Hawk for work on the Malampaya gas field offshore Philippines.The contract has been extended to the end of 2027, according to Norwegian vessel owner DOF…

Seatrium Gets Shell’s Contract for Sparta Floating Production Unit

Jan 02, 2024

Seatrium has been awarded a contract by Shell to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible floating production unit (FPU).The contract includes the installation of Shell-furnished equipment…

PetroNor Advances Its Oil and Gas Developments in Africa

Jan 02, 2024

Oil and gas company PetroNor E&P ASA has confirmed the completion of the Guinea Bissau farm-out transaction with Apus Energy DMCC for exploration licenses offshore Guinea-Bissau, and secured license for PNGF Bis in Congo.Over the Christmas holiday period…

OKEA and Equinor Agree Closing of Stratfjord Acquisition

Jan 02, 2024

Norwegian oil and gas company OKEA has moved forward with the acquisition of 28% stake in an offshore block in Stratfjord Area from Equinor after it was postponed following updated projections for the field.OKEA agreed to acquire Equinor’s 28%…

Petrobras Says Sepetiba FPSO Starts Production

Dec 31, 2023

Brazilian state-run oil company Petrobras' Sepetiba floating production storage and offloading (FPSO) unit started production on Sunday, the oil giant said in a securities filing.Sepetiba, which has been chartered from SBM and installed at the Mero oilfield in the pre-salt of the Santos Basin…

Vestas Selected as Preferred Supplier for South Korea’s 390MW Offshore Wind Farm

Dec 29, 2023

Danish company Vestas has signed has signed a preferred supplier agreement with Hanwha Corporation for the 390 MW Shinan Ui offshore wind project in South Korea.The project is developed by Shinan Ui Offshore Wind, a special purpose company established by Hanwha Corporation E&C Division…

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