Industry News


Fugro, Partners Design Mooring Line Fatigue Tracker for Floating Wind Turbines

Jun 14, 2021

Dutch offshore services company Fugro, in partnership with AS Mosley and the University of Strathclyde, has designed a real-time mooring line fatigue tracker for offshore floating wind turbines, minimizing the need for in-person inspections…

Collab in Sight? Turkey Shares Data on Giant Black Sea Gas Find with ExxonMobil, Chevron

Jun 11, 2021

Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.Ankara has so far insisted it…

Wood Bags Five-year Extension at Hibernia

Jun 11, 2021

Oil and gas services firm Wood has secured a contract renewal for the provision of engineering, procurement, and construction (EPC) solutions and maintenance to the Hibernia platform off the coast of St. John’s, Newfoundland, and Labrador.The…

Petrobras Orders $2.3B FPSO from Saipem, DSME JV

Jun 11, 2021

Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…

Norway Not Giving Up on Oil, Gas in Push for Greener Energy

Jun 11, 2021

Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the center-right government said as it presented its long-term energy strategy on Friday.Europe's second…

RWE Kicks Off Construction of Massive 1.4GW Sofia Offshore Wind Farm

Jun 11, 2021

Offshore wind developer RWE said Friday it had started construction of its flagship 1.4 gigawatts Sofia offshore wind farm project in the UK. The Sofia is the largest project currently in construction across the company's entire renewables portfolio…

Norway Offshore Drilling Workers Threaten to Strike

Jun 11, 2021

Some 1,065 members of two Norwegian labour unions could go on strike on June 17 if wage talks fail, hitting oil exploration and other drilling services, the unions said on Friday.A strike would not affect oil and gas output in the initial round…

Standard Drilling Agrees to Sell Standard Olympus PSV

Jun 11, 2021

Oslo-listed offshore vessel owner S.D. Standard Drilling Plc. has agreed to sell the Standard Olympus platform supply vessel for $7.5 million to an undisclosed buyer.'The sale of Standard Olympus will result in a gain for Standard Drilling of gross USD 1…

Seabed Geosolutions Receives LOA for Americas OBN Survey

Jun 11, 2021

Fugro's soon-to-be-sold marine seismic acquisition subsidiary Seabed Geosolutions has received a conditional Letter of Award (LOA) from an undisclosed company for an ocean bottom node (OBN) project in the Americas region.The project is anticipated…

Data & Design: The Twin Approach to Solving Subsea Cable Failure

Jun 10, 2021

In past decades, the UK has established itself as an underwater technology pioneer with 40% of the global market share. The North Sea oil and gas sector has fueled a great deal of this innovation to date. Still, as the energy transition accelerates…

Aker Solutions Manager Questioned in Malaysia. 'Charges expected'

Jun 10, 2021

Norwegian oil services firm Aker Solutions said on Thursday one of its managers was being questioned by Malaysian authorities and three sources familiar with the case said they expected charges to be brought on Friday.Malaysia's Anti-Corruption…

Neptune Energy: Tech Built for Astronauts to Reduce Need for Offshore Travel

Jun 10, 2021

Oil and gas company Neptune Energy has completed a virtual reality pilot on its Gjøa platform in the Norwegian North Sea, enabling teams to make highly realistic virtual visits to the facility. The technology, developed by PaleBlue and used…

Equinor Drills Two Dry Wells in North Sea, Off Norway

Jun 10, 2021

Norwegian oil firm Equinor has drilled two dry wells near the Fram field in the North Sea, offshore Norway.Using the Deepsea Atlantic semi-submersible drilling rig, Equinor drilled the wells 35/11-25 S and 35/11-25 A in the production licence 090…

TotalEnergies Wins Upstream Industry’s Most-admired Explorer Award

Jun 10, 2021

French oil and gas giant TotalEnergies (formerly Total) has been crowned the upstream industry’s most-admired explorer for the second year in a row. The accolade is awarded as part of Wood Mackenzie’s annual Exploration Survey. The award ceremony…

Parkwind Taps JDR for Arcadis Ost 1 Subsea Cables

Jun 10, 2021

Offshore wind developer Parkwind has granted subsea cable manufacturer JDR a contract to provide, test, and terminate 33kV subsea cables for the Arcadis Ost 1 offshore wind farm in Germany.JDR, part of TFKable Group, will supply the 45km of 33kV array cable that will connect the 27 wind turbines…

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