Offshore Engineer Industry News News - page 2


ARO Drilling and IMI Shake Hands for First Saudi-Built Jack-Up Drilling Rig

Feb 13, 2025

ARO Drilling, a joint venture between Aramco and Valaris, and International Maritime Industries (IMI) have signed an agreement to build a new jack-up drilling rig, Kingdom 3, which will be the first to be constructed in the Kingdom of Saudi Arabia…

Kongsberg Maritime Unveils New Mooring Installation Solution for OSVCs

Feb 13, 2025

Kongsberg Maritime has developed a mooring capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of construction vessels to make them suitable for pre-laying of mooring lines.By integrating a purpose designed anchor handling winch…

T12 Engineering Expands Oil and Gas Services to Norway

Feb 13, 2025

T12 Engineering has established a new office in Oslo, marking a significant step in its strategic expansion into Norway’s oil and gas market.The specialist U.K. firm is targeting independent owner-operators in Norway’s oil and gas sector looking…

UK Opens Incentive Scheme for Offshore Wind Farms

Feb 13, 2025

Britain opened an incentive scheme on Thursday for offshore wind projects, seeking to persuade developers to provide the investment to meet an ambitious goal of decarbonising the country's energy system by 2030.The scheme, called the 'Clean Industry Bonus'…

BP Picks Seatrium for Tiber Floating Production Unit

Feb 13, 2025

Seatrium and BP have signed the Memorandum of Understanding (MOU) in preparation for a second project, the Tiber Floating Production Unit (FPU), in the U.S. Gulf of America.Under the MOU for the Tiber project, Seatrium would provide services to carry out the engineering…

Exxon to Expand O&G Output in Guyana

Feb 12, 2025

A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U…

Vantage to Explore Drilling Opportunities with Dorado Drillship

Feb 12, 2025

Offshore drilling contractor Vantage Drilling has entered into a marketing agreement with Eldorado Drilling for the seventh generation ultra-deepwater drillship Dorado.Vantage Drilling will market the Dorado drillship for drilling opportunities in various locations in Africa…

Floatel Firms Contract for Floatel Superior in North Sea

Feb 12, 2025

Offshore accommodation rig firm Floatel International has secured firm contract with an undisclosed client North Sea client for Floatel Superior.Floatel Superior will provide services in the second quarter of 2026 under the three-month contract…

Woodside and Trinidad Agree Commercial Terms for Calypso Gas Discoveries

Feb 12, 2025

The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for developing the company's Calypso deepwater gas discoveries, moving the project one step closer to a final investment decision…

TotalEnergies Signs LNG Supply Deal with India’s GSPC

Feb 12, 2025

TotalEnergies and the Gujarat State Petroleum Corporation Limited (GSPC), a state-owned oil and gas company, announced the signing of a long-term Sale and Purchase Agreement (SPA) for a term of ten years starting in 2026.Under this agreement…

Ocean Installer Extends Charter for North Sea Giant Subsea Construction Vessel

Feb 12, 2025

Ocean Installer, a subsidiary of Moreld, has executed an 18-month option, extending the charter-party with ship owner North Sea Shipping for the advanced multi-purpose offshore construction vessel North Sea Giant.The charter has been extended…

Carbon Catalyst Injects First CO2 at Perenco’s Depleted Leman Gas Field Off UK

Feb 12, 2025

Carbon Catalyst Limited (CCL) has conducted a first CO2 injection test as part of the Poseidon carbon capture and storage (CCS) project, which will store CO2 at Perenco-operated Leman gas field in Southern North Sea.The Poseidon CO2 injection test took place on February 10…

Vaar Energi Marks Rise in Quarterly Profit

Feb 12, 2025

Oslo-listed Vaar Energi, majority-owned by Italy's Eni, raised its dividend on Tuesday as the oil and gas exploration and production company reported a fourth-quarter operating profit in line with expectations.Vaar's earnings before interest…

TotalEnergies, Aker BP Eye Larger Share in Equinor’s Johan Sverdrup Field

Feb 12, 2025

TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal of boosting their holdings in the North Sea's largest producing field, Aker BP said on Wednesday.Built across several offshore oil and gas licences…

Brazil's Petrobras Looks to Africa for Oil Reserves Boost

Feb 12, 2025

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030, a senior executive said on Wednesday.The Brazilian state energy firm is in talks with companies…

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