Industry News


Damen Starts Building Support Vessels to Fill Rising Demand in Gulf Region

Sep 20, 2024

Damen Shipyards has started construction of three shallow draft multi-purpose support vessels at its shipyard in the United Arab Emirates, in anticipation of an increase in offshore and dredging activity in Arabian Gulf region.The initial program…

Equinor Gets Permit for Norwegian Sea Drilling Operation

Sep 20, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a new exploration well in the Norwegian Sea, to be conducted using Odfjell Drilling’s Deepsea Atlantic drilling rig.The permit is for wellbore 6406/6-7 S wildcat well in production license 1119…

Floating Wind Industry Achieves ‘World’s First’ Offshore Generator Exchange

Sep 20, 2024

A group of industry specialist companies has achieved a world first for the wind industry, with a major component exchange (MCE) being performed on an offshore floating wind turbine while it remained on site at the Scottish Kincardine offshore wind farm…

First Oil Starts Flowing at CNOOC’s South China Sea Field

Sep 20, 2024

China National Offshore Oil Corporation (CNOOC) has started production at Liuhua 11-1/4-1 oilfield secondary development project, which features China’s first cylindrical floating production, storage, and offloading (FPSO) unit and a new platform…

TotalEnergies Starts Production at Fenix Gas Field Offshore Argentia

Sep 20, 2024

TotalEnergies has started the production from the Fenix gas field, off the coast of Tierra del Fuego in Southern Argentina.The Fenix field, located 60 km offshore, is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37…

Foundation Laid for LORC’s New Bearings Test Bench for 25MW Wind Turbines

Sep 19, 2024

Danish engineering firm R&D Test Systems has completed the 3,700 metric ton foundation for the new Lindø Offshore Renewables Centre (LORC) main bearings test facility, which will be capable of performing extreme test loads on main bearings for 25 MW wind turbines…

SLB and NVIDIA Collaboration to Scale Up Energy Industry-Specific AI

Sep 19, 2024

SLB and NVIDIA have expanded their long-standing collaboration to accelerate and scale up the development of generative artificial intelligence (AI) solutions for the energy industry.The collaboration accelerates the development and deployment…

Iberdrola Inaugurates Second Largest Offshore Wind Farm in France

Sep 19, 2024

Iberdrola has inaugurated Brittany’s first offshore wind farm, the 496 MW Saint-Brieuc project, which is also the second largest offshore wind farm in France.With an investment of $2.7 billion (€2.4 billion), the Saint-Brieuc project began development in 2012 and entered full operation in May 2024…

Upstream Electrification Could Cut 80% of O&G Production Emissions, Rystad Finds

Sep 19, 2024

Oil and gas production facilities could reduce more than 80% of associated emissions if converted to run on electricity powered by renewables or natural gas that would otherwise be flared, according to a new report from Rystad Energy.Fully electrified…

McDermott, BW Offshore Team Up for Blue Ammonia Production on FPSOs

Sep 19, 2024

McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production aboard a floating production storage and offloading (FPSO) facility.The strategic partnership aims…

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

Sep 19, 2024

Dutch FPSO leasing specialist SBM Offshore has completed the final module lifts at Seatrium’s shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil’s Yellowtail field offshore Guyana in early 2025…

BlueFloat Finds Chinese Partner to Advance Floating Wind Supply Chain

Sep 19, 2024

BlueFloat Energy and Dajin Heavy Industry have entered into strategic partnership with the signing of a memorandum of understanding (MoU) aimed at driving innovation and sustainability in the floating offshore wind industry.The collaboration…

Denmark’s First Offshore Carbon Storage Project Gets DNV’s Site Certification

Sep 19, 2024

DNV, the independent energy expert and assurance provider, has certified the first CO2 storage site for Project Greensand in Denmark, marking a key milestone in the advancement of carbon capture and storage (CCS).Building on prior certifications issued in June 2023…

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Sep 19, 2024

TotalEnergies has secured a five-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034.Thanks to this agreement, TotalEnergies strengthens its long-term positions in the growing Chinese market…

SLB and Aramco Form Digital Alliance to Mitigate GHG Emissions

Sep 19, 2024

SLB and Aramco have signed an agreement with the aim of co-developing, commercializing, and utilizing digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors.The agreement between SLB and Aramco establishes a…

Current News

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CNOOC Launches New Offshore Oil Development in Southern China

Seatrium and Maersk Settle $475M WTIV Dispute

Lamprell Lands Four Offshore EPCI Contracts in Saudi Arabia

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