Industry News


Iberdrola Increases its U.S. Offshore Wind Portfolio to 4.9 GW

Jan 11, 2022

Spanish renewable energy company Iberdrola, via its subsidiary Avangrid Renewables, has, as part of an earlier agreement with Copenhagen Infrastructure Partners, formally concluded an agreement to take control of over 2 GW of US offshore wind capacity…

Eco Atlantic to Acquire Azinam's Offshore Blocks in Namibia, South Africa

Jan 11, 2022

Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition…

China's CNOOC Sets 2022 Output Target 10% above 2021 Goal

Jan 11, 2022

China's biggest offshore oil and gas producer, CNOOC Ltd, on Tuesday set its 2022 production target at 600 million-610 million barrels of oil equivalent (boe), 10% above last year's goal.The company targeted output of 545 million-555 million boe in 2021…

Saipem Wins $1.1B in Offshore Contracts in Guyana and Australia

Jan 11, 2022

Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project…

Heerema Marine Contractors to Remove DNO's Ketch and Schooner Offshore Platforms

Jan 11, 2022

Dutch offshore installation and decommissioning services company Heerema Marine Contractors has won a contract to decommission DNO's Ketch and Schooner platforms in the UK Southern North Sea.Heerema Marine Contractors is responsible for the integrated engineering…

W&T Offshore to Buy Shallow Water GoM Oil Fields for $47M

Jan 10, 2022

U.S. Gulf of Mexico-focused oil and gas company W&T Offshore has agreed to buy working interests in and operatorship of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico from privately-held…

TGS in Extensive Seismic Data Reprocessing Project in Indonesia

Jan 10, 2022

Norwegian marine seismic data company TGS on Monday announced a project designed to help drive exploration across the South Makassar and North East Java regions of Indonesia.The company said that processing has begun on the East Java Sea 2D-cubed project…

McDermott Lands Scarborough Floating Production Unit Work

Jan 10, 2022

Offshore engineering and construction firm McDermott has secured a contract with the Australian oil and gas firm Woodside to deliver hull and topsides for the floating production unit to be installed at Woodside's Scarborough development offshore Australia…

Schlumberger Adjusts Operations Planning as U.S. COVID-19 Cases Soar

Jan 10, 2022

Schlumberger, the world's largest oilfield services company, is adjusting operations planning as COVID-19 infections have soared among its U.S. workforce, the company said on Friday.Schlumberger has had around 14 employees per day test positive for the virus this month…

Ex-Vestas Taiwan Director Zahirovic Joins James Fisher Renewables

Jan 10, 2022

James Fisher Renewables, an offshore renewables industry service provider part of James Fisher and Sons, has appointed Maida Zahirovic as APAC regional vice president.With more than 11 years in the wind industry, Zahirovic joins JF Renewables…

Shrink to Fit: The Year Big Oil Starts to Become Small Oil

Jan 10, 2022

Europe's Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil.Surging oil and gas prices in 2021 delivered billions of dollars in profits to top oil companies, in stark contrast to the previous…

Chariot Makes 'Transformational' Gas Find at Anchois Well, Offshore Morocco

Jan 10, 2022

Oil and gas company Chariot has said it has made a significant gas discovery at the Anchois well in the Lixus License, offshore Morocco.Using Stena Drilling's Stena Don semi-submersible drilling rig, Chariot drilled the Anchois-2 appraisal and exploration well to a total measured depth of 2…

DNV to Certify Offshore Wind Turbines for South Korea

Jan 10, 2022

Korean Energy Agency (KEA) has selected assurance provider DNV to deliver Type Certification services for the South Korean wind energy market. 'This new DNV service for the Korean market will result in a convenient and cost-effective process…

Sembcorp Marine Delivers Tyra West Wellhead, Riser Topsides

Jan 10, 2022

Singapore's Sembcorp Marine has completed the construction of three wellhead and riser topsides for TotalEnergies' Tyra West project in the Danish sector of the North Sea.The piece of news was shared by TotalEnergies' Tyra partner Noreco, which…

Frustrating but Necessary: Challenging Seabed Conditions Force IOG to Move Drilling Rig Off Southwark Site

Jan 10, 2022

UK North Sea-focused oil and gas company IOG has hit a setback with the Southwark project drilling and has to move the Noble Hans Deul rig jack-up rig from the Southern North Sea drilling site due to the challenging seabed conditions.As previously reported…

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

Subscribe for OE Digital E‑News