Industry News


Offshore Helicopter Services UK Wins Multi-year North Sea Deal with Serica Energy

Aug 16, 2023

Offshore Helicopter Services UK (OHSUK) has signed a new multi-year contract extension with the UK North Sea-focused oil and gas firm Serica Energy. Under the five-year deal with, Serica will use H175 and S92 aircraft to service its current North Sea operations…

Woodside, Unions Remain at Odds over Wages at Australia's Largest LNG Facility

Aug 16, 2023

Woodside Energy said 'positive progress' was being made on wage disputes at Australia's largest liquefied natural gas (LNG) facility even as a union alliance said key differences remained ahead of further talks next Wednesday.Woodside's North West Shelf…

Jadestone Energy Chooses Velesto Drilling Rig for East Belumunt Offshore Drilling Campaign

Aug 16, 2023

Malaysian drilling contractor Velesto Drilling revealed Wednesday it had secured an offshore drilling rig contract with Jadestone Energy. Under the contract, Velesto Drilling is providing a jack-up drilling rig for the East Belumunt field infill drilling program…

Taiwan's CPC says it has Australian Approval for Dorado Project

Aug 16, 2023

Taiwan's state-owned energy company CPC said Wednesday it had received Australian government approval to acquire four subbasin permits in oilfields off Western Australia from Carnarvon Energy.CPC's subsidiary OPIC Australia Pty Ltd reached the deal with Carnarvon in February…

VIDEO: Offshore Wind Turbine Catches Fire in UK

Aug 15, 2023

A wind turbine at RWE's Scroby Sands offshore wind farm in the UK reportedly caught fire Tuesday.Drone footage, shared by Oliv3r Drone Photography, showed the turbine's nacelle and blade engulfed in flames, releasing thick smoke into the air…

Repsol Sinopec Taps Archer for $165 Million Decommissioning Project in North Sea

Aug 15, 2023

Repsol Sinopec Resources UK has awarded a $165 million decommissioning contract to Archer to execute the plug and abandonment (P&A) of 30 wells in the Fulmar Field and two wells in the Halley Field in the UK North Sea.The contract is a fully integrated P&A project…

Eco Wave Power's Wave Energy Project Connects to Israel's Power Grid

Aug 15, 2023

Eco Wave Power Global, a wave energy developer, said Tuesday that its station at the Port of Jaffa in Tel Aviv, EWP-EDF One, had officially connected to Israel’s national electrical grid – making it the first wave energy project to deliver electricity to the country’s power supply…

Kim Heng, Dyna-Mac in FPSO Module Collab

Aug 15, 2023

Singapore-based Kim Heng Marine & Oilfield has signed an MOU with offshore marine services contractor Dyna-Mac known for FPSO module construction, which Kim Heng will support on a preferred partner basis to carry out various projects occasionally…

BP Installs Massive 19,600-tonne Topsides Unit on Caspian Sea Jacket

Aug 15, 2023

Oil major BP has completed the installation of the 19,600-tonne topsides of the $6 billion Azeri Central East (ACE) project platform onto a jacket in the Caspian Sea, offshore Azerbaijan.Constructed by Azfen in the Bayil fabrication yard, the…

Wintershall Dea Awarded License to Store CO2 Under UK North Sea Seabed

Aug 15, 2023

German oil and gas company Wintershall Dea has been awarded a new license - the Camelot - by the UK North Sea Transition Authority (NSTA) to store CO2 under the seabed. The license is for the Camelot area, which is a combination of depleted gas fields and an overlying saline aquifer…

Seadrill CEO on Q2: 'We Delivered Strong Results'

Aug 15, 2023

Offshore drilling rig contractor Seadrill said Tuesday it had generated $414 million in total operating revenues, a sequential increase of $148 million, or 56%, benefitting from contracted rigs acquired as part of the Aquadrill transaction, completed on April 3…

Nymo to Start Construction of Valhall Field Modules. Increases Number of Apprentices

Aug 15, 2023

Norway-based firm Nymo will build advanced equipment for a new platform on the Aker BP-operated Valhall field in the North Sea, off Norway.According to Aker BP, the scope of work ensures high activity, triples the number of apprentices and ensures…

FLNG Unit for BP's Tortue Ahmeyim Project Nearing Completion

Aug 14, 2023

The Golar Gimi FLNG unit, being built for BP's Tortue Ahmeyim project in Senegal/Mauritania offshore area, is set to sail away next month.According to Golar LNG, tasked with delivering the unit, the FLNG Gimi conversion works 97% complete. Golar…

HAL to Sell 60% Stake in Offshore Foundation Installation Specialist IQIP

Aug 14, 2023

HAL, the Dutch investment subsidiary of HAL Holding, has agreed to sell 60% in IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets.HAL acquired IQIP from Royal IHC in March 2023…

Namibia Grants Global Petroleum, Partners 2-Year Renewal Period for Offshore Block

Aug 14, 2023

Oil and gas company Global Petroleum said Monday that the Namibian Ministry of Mines and Energy had given approval for the company and its partners to proceed to the First Renewal Period ('FRP') of Walvis Basin license PEL 94, with a duration of two years from September 2023 to September 2025…

Current News

Equinor Renews Subsea Inspection Deal with Subsea 7

Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

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