Industry News


BW Offshore’s Catcher FPSO to Stay in UK North Sea

Jan 08, 2024

Norwegian company BW Offshore has informed that the contract for its Catcher floating production storage and offloading (FPSO) has been extended beyond fixed term.BW Catcher FPSO, operating at Catcher field in UK, is owned and operated by BW…

Petrofac Gets Multi-Million Contract from BP for West Africa Ops

Jan 08, 2024

Oilfield services company Petrofac has secured a four-year operations services contract from BP for its Greater Tortue Ahmeyim (GTA) natural gas project in Mauritania and Senegal.The multi-million-dollar Master Services Agreement covers a wide scope of services…

Noble Valiant Finds More Work in Gulf of Mexico

Jan 08, 2024

Offshore drilling contractor Noble Corporation has secured contract extension for its Noble Valiant drillship in the U.S. Gulf of Mexico.LLOG Deepwater Development Company and LLOG Exploration Offshore have exercised an option to extend the…

Ulstein Inks Deals with JP Morgan for Offshore Wind CSOV Newbuilds

Jan 05, 2024

Norwegian shipbuilder Ulstein Verft has signed contracts with J.P. Morgan Asset Management for offshore wind Construction Service Operation Vessel (CSOV) newbuilds.In 2023, Bernhard Schulte Offshore ordered the design and construction of two…

Samsung Heavy Industries Gets $1.5B FLNG Order

Jan 05, 2024

Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit…

PTTEP and Inpex to Study CCS Potential in Gulf of Thailand

Jan 05, 2024

Thai oil and gas giant PTT Exploration and Production (PTTEP) and its Japanese counterpart Inpex have teamed up to conduct a study on carbon capture and storage (CCS) potential in the Northern Gulf of Thailand.The study is expected to lay a…

Ithaca Energy’s CEO Steps Down

Jan 05, 2024

UK North Sea-focused oil company Ithaca Energy has appointed an interim Chief Executive Officer (CEO) as Alan Bruce steps down from the role.Having led Ithaca Energy through a successful IPO and first year as a listed company, Alan Bruce has…

Noble and Petronas Agree Rig Swap Offshore Suriname

Jan 05, 2024

Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…

Exxon Earnings to Drop on California Offshore Exit

Jan 04, 2024

Exxon Mobil Corp warned on Thursday it would write down about $2.5 billion of California assets in the fourth quarter, and said lower energy prices reduced operating profits.The snapshot by the largest U.S. oil producer showed operating results could drop to about $8…

LR Greenlights Canadian Ship Recycling Facility’s Standards Compliance

Jan 04, 2024

Lloyd’s Register (LR) has certified Nova Scotia recycling facility, R.J. MacIsaac (RJMI), according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.RJMI has become first…

Giant HVDC Offshore Wind Converter Platform Checks In to Aibel's Yard

Jan 04, 2024

The DolWin epsilon HVDC offshore wind converter platform has arrived to Aibel’s yard in Norway for final electrical outfitting and commissioning.After more than two months on a journey from Seatrium’s shipyard in Singapore, the DolWin epsilon…

Tekmar Reels In $4.4M Offshore Wind Cable Protection Deal

Jan 04, 2024

Offshore services firm Tekmar Group has secured a contract to supply its cable protection system for an undisclosed offshore wind development.The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection…

US Top LNG Exporter in 2023 with Record Levels

Jan 04, 2024

U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest exporter of LNG in 2023…

Harbour Energy Starts Drilling Gayo-1 Well Off Indonesia

Jan 04, 2024

Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator…

Eco Wave Power Feeds Clean Electricity to Israeli Grid

Jan 04, 2024

Eco Wave Power has started distributing clean electricity from its EWP-EDF One project in the Port of Jaffa to the Israeli national electrical grid.The EWP-EDF One project has 100kW installed capacity and is comprised of 10 wave energy floaters…

Current News

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Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

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