Industry News


Neptune Energy Awards Deals for Operations Support at Cygnus Platforms

Feb 22, 2022

Oil and gas company Neptune Energy on Tuesday announced several contract awards worth almost £3 million (around $4 million) in total to support ongoing operations at its operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…

Shell Says Tanzania LNG Project is Making Good Progress

Feb 22, 2022

Shell has made good progress with the Tanzanian government in recent months to advance a liquefied natural gas (LNG) project to tap the East African country's huge gas resources, a Shell executive said on Monday.'We have seen some real quick…

Norway's January Oil and Gas Output Falls

Feb 22, 2022

Norway's oil and gas output in January fell from the previous month, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell to 1.74 million barrels per day (bpd) in January from 1.85 million bpd in December…

DNV Grants AiP for Odfjell Oceanwind's Floating Wind Foundation Designed for up to 15MW Turbines

Feb 22, 2022

Classification society and assurance provider DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for its new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for…

Aker Solutions, Dril-Quip Team Up to Offer Subsea Injection Systems for CCUS Projects

Feb 22, 2022

Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…

UK to Issue New Offshore Blocks to Expand Oil and Gas Output in the Future, Minister Says

Feb 22, 2022

Britain sees a 'good, solid' future for the North Sea's oil and gas industry and will issue new licenses to expand output in the future, Energy Minister Greg Hands said on Tuesday.'We need continued investment into the North Sea,' Hands told the International Energy Week online conference…

Wärtsilä Assisting Solstad Offshore with Fleet Decarbonization

Feb 22, 2022

Norwegian offshore vessel owner Solstad Offshore has plans to reduce the carbon footprint of its 90 vessel fleet, and has turned to the technology company Wärtsilä for collaboration. 'The aim is to achieve a 50 percent reduction in CO2 emissions by 2030…

Marlink's Hybrid Network Solution for Subsea 7's Global Fleet

Feb 22, 2022

Marlink, a smart network solutions provider, will provide a global hybrid network solution to vessels operated by Subsea 7, a subsea installation giant in the offshore energy industry space.Marlink will provide a secure hybrid network solution to Subsea 7…

Schlumberger Launches 'Unique' 3D Reservoir Mapping-while-drilling Service.

Feb 22, 2022

Oilfield services giant Schlumberger on Tuesday announced the GeoSphere 360 3D reservoir mapping-while-drilling service. 'The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This…

Saitec Offshore Technologies Taps Maersk Supply Service for DemoSATH Floater Mooring

Feb 22, 2022

Danish offshore vessel owner Maersk Supply Service has won a contract for the mooring system installation of the Saitec Offshore DemoSATH floating wind project.“This is a significant contract for Maersk Supply Service, as floating wind is a…

Bordelon Marine Names Pitre Director of Operations

Feb 21, 2022

U.S. offshore vessel owner Bordelon Marine announced it has promoted Trenton Pitre to director of operations.A 10+ year industry veteran, Pitre has been with Bordelon Marine for the past seven years within the Lockport, La.-based company's operations department…

Petrofac Partners Up with Dutch Floating Wind Tech Firm Seawind

Feb 21, 2022

Petrofac, an oilfield services giant with increasing offshore wind aspirations, has signed a memorandum of understanding with Seawind Ocean Technology, a developer of a 'unique' floating offshore wind energy system.Netherlands-based Seawind…

Odfjell Drilling to Take Over Management of SFL's West Linus Jack-Up Rig from Seadrill

Feb 21, 2022

SFL Corporation, the owner of the West Linus jack-up drilling rig, has signed a rig management deal with offshore drilling firm Odfjell Drilling for the provision of management services for the harsh-environment unit.The rig, delivered in 2014…

Second HKZ Offshore Wind Substation Sets Sail from Dubai

Feb 21, 2022

The second High Voltage Alternating Current (HVAC) offshore transformer station topside, delivered by Petrofac and Drydocks World Dubai for the Dutch-German transmission grid operator TenneT, has set sail from the fabrication facility in the UAE…

Coastline Exploration Signs Seven PSAs for Offshore Blocks in Somalia

Feb 21, 2022

East Africa-focused oil and gas company Coastline Exploration has signed seven Production Sharing Agreements ('PSAs') covering offshore, deep-water blocks of the Federal Republic of Somalia. Coastline, established in 2018, said that the PSAs…

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