Industry News


Indonesia Awards Exploration Contracts for Three Oil and Gas Blocks

Feb 22, 2023

Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…

Denmark to Issue Tenders for 9 GW of Offshore Wind in 2023; May Review Suspended Applications

Feb 22, 2023

Denmark will issue public tenders for offshore wind projects this year and may resume reviewing applications that had been suspended over worries of breaching European Union state aid law, the country's energy minister said on Tuesday. The Nordic country…

Leviathan Field Partners Start Plans for Israeli Floating LNG Unit

Feb 21, 2023

Partners in the Leviathan gas field in the eastern Mediterranean have approved nearly $100 million of spending on preparation for expansion that includes a floating liquefied natural gas (LNG) terminal off the coast of Israel, the companies said on Tuesday…

DOF Subsea's Flagship Vessel Wins More Work

Feb 21, 2023

Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025…

PSW Technology Nets 'Sizable' Deepwater BOP Stack Services Contract

Feb 21, 2023

Norwegian offshore services and equipment provider PSW Technology has secured a 'sizable' contract for deep-water BOP stack services.Subsea blowout preventer (BOP) is a system used in offshore oil drilling to prevent well blowouts.Under the deal announced Tuesday…

Romania: Carlyle-backed Black Sea Oil & Gas Says Taxes Hinder Higher Gas Output

Feb 21, 2023

Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group is prevented from increasing gas production at its offshore project due to higher taxes and regulation, its chief executive said on Tuesday. BSOG launched Romania's…

Guyana to Monitor Offshore Drilling Rigs, Potential Oil Spills from Space

Feb 21, 2023

Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications…

Russia Targets Dutch North Sea Infrastructure, MIVD Says

Feb 21, 2023

Russia has in recent months tried to gain intelligence to sabotage critical infrastructure in the Dutch part of the North Sea, Dutch military intelligence agency MIVD said on Monday.A Russian ship has been detected at an offshore wind farm in…

Brazil: Karoon to Drill Second Neon Control Well, after First Well Shows Encouraging Results

Feb 21, 2023

Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil, after the first control well, Neon-1, confirmed the presence of 25 meters of net oil-bearing pay.Neon-1 and Neon…

Strategic Marine, HST Marine Pen MoU for Construction of Three CTVs

Feb 21, 2023

Aluminium vessel builder Strategic Marine has signed a memorandum of understanding with Purus Wind’s UK-based crew transfer vessel owner HST Marine, to build three Brevity-class crew transfer vessels. The agreement binds the two parties to negotiations…

Brent Oil Drops on Fears of Global Economic Slowdown

Feb 21, 2023

Brent oil prices fell on Tuesday as fears that a global economic slowdown would reduce fuel demand prompted investors to take profits on the previous day's gains. Traders are awaiting the minutes of the latest Federal Reserve meeting, due on Wednesday…

Rovco Completes Decom Deal with Well-Safe Solutions

Feb 20, 2023

Rovco completed a contract awarded by Well-Safe Solutions to support its well plug and abandonment decommissioning operations in the Southern North Sea. This is the second contract Rovco has secured with Well-Safe Solutions, having previously…

Norway and Portugal Team Up for Offshore Wind Development

Feb 20, 2023

Norway's METCentre, a floating wind test center, has just signed a Memorandum of Understanding with the Portuguese offshore wind player WavEC. WavEC provides commercial services for wind farm developers and is a shareholder of the Aguçadoura test site…

DEME to Use Special Drilling Tech Again as It Wins Second Major Offshore Wind Deal in France

Feb 20, 2023

Offshore installation firm DEME Offshore will need to deploy its special drilling technology again to install offshore wind monopiles at an offshore wind farm in France, due to rough ocean conditions and a rocky seabed.The company recently secured…

Mooreast to Create "at least 100 jobs" in Aberdeen with Subsea Foundation Production Facility

Feb 20, 2023

Singapore-based mooring and anchoring specialist Mooreast Holdings said Monday it could bring at least 100 jobs to Aberdeen after signing a collaboration agreement that, it is hoped, would help the company realize its ambition to open a subsea foundation production facility there…

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