Offshore Engineer Industry News News - page 171


FPSO En Route to Develop Ivory Coast's Largest Offshore Field

Apr 07, 2023

Italian oil firm Eni, with its partner PetroCi, on Thursday celebrated the sail away of the FPSO Firenze to the giant Baleine oil and gas field offshore Ivory Coast.The FPSO Firenze, which sailed away from Dubai, will allow the production start-up of the Baleine field…

Acteon's TerraSond and Benthic Win Floating Offshore Wind Survey Work in Scotland

Apr 06, 2023

Acteon's Data and Robotic division's geo-services brands TerraSond and Benthic have secured a combined geophysical and geotechnical survey work scope with the BlueFloat Energy and Renantis Partnership for the Bellrock and Broadshore offshore wind farms northeast of Aberdeen…

W&T Offshore's CFO Yang to Step Down in May

Apr 06, 2023

U.S. Gulf of Mexico-focused oil company W&T Offshore said Thursday that Janet Yang, Executive Vice President and Chief Financial Officer, would leave the company on May 11, 2023, following the release of the company’s first-quarter earnings…

Nord Stream Pipeline Blasts Probe Continues, but Culprits Difficult to Determine

Apr 06, 2023

It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating the incident, said on Thursday. The Sept. 26 explosions…

Modus Subsea Services Secures Loan from Gordon Brothers

Apr 06, 2023

Advisory and investment firm Gordon Brothers said this week it had provided a £5 million (currently around $6,2 million) term loan to Modus Subsea Services (Modus).Modus, specializing in using Underwater Intervention Drones to automate and decarbonize subsea inspection…

Investors Join Activists to Press TotalEnergies on Climate Targets

Apr 06, 2023

A group of investors with $1.1 trillion in assets under management has joined climate activist group Follow This in asking TotalEnergies shareholders to push for more ambitious targets on emissions cuts.The resolution filed for the company's…

AssoJet III Mk2: Asso.subsea Unveils its Most Advanced Jetting ROV

Apr 06, 2023

Offshore installation services firm Asso.subsea on Thursday announced the development of a newly built jetting vehicle for cohesionless soil: AssoJet III Mk2.'The AssoJet III Mk2 is the most advanced of the ASSO’s jetting ROVs, based on full…

GE and Siemens Gamesa Settle Offshore Wind Turbine Patent Dispute

Apr 05, 2023

General Electric Co has settled all its outstanding wind turbine technology patent disputes in the United States and Europe with Siemens Gamesa Renewable Energy, the companies recently said.Terms of the settlement, which was described as amicable…

Aker BP Granted Permit to Drill Norwegian Sea Wildcat

Apr 05, 2023

The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA a drilling permit for well 6405/7-2 S offshore Norway.The wildcat well is expected to be spudded in April.Aker BP will use the Scarabeo 8 semi-submersible drilling rig to drill the offshore exploration well…

Oil Giants Face Arbitration as Kazakhstan Alleges Unapproved Spending in Major Oil Fields

Apr 05, 2023

Oil majors operating Kazakhstan's Kashagan and Karachaganak oil fields are being taken to arbitration by the country over allegations including unapproved spending, Bloomberg News reported on Wednesday, citing people familiar with the matter…

Scana's Seasystems to Deliver Mooring Equipment for Offshore Project in West Africa

Apr 05, 2023

Norwegian company Scana said Monday that its subsidiary Seasystems had signed a sizeable contract for the delivery of an anchoring system to an FSO project offshore West Africa.'This is a sizeable contract for Scana, valued close to NOK 50 million [currently around $4…

Exxon Mobil Ends Brazil Offshore Oil Hunt after Third Failed Attempt - WSJ

Apr 05, 2023

Exxon Mobil has ended a major campaign to find oil in Brazil, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The oil and gas giant has stopped current drilling at the offshore acreage it started snapping up with partners for $4 billion in 2017…

Siemens Gamesa Orders Konecranes Cranes for Offshore Nacelle Plant in Taiwan

Apr 05, 2023

Wind turbine maker Siemens Gamesa has ordered four electrical overhead cranes from Konecranes for its offshore nacelle plant in Taichung, Taiwan. The cranes will support the entire material handling of the site’s broadened production scope, with lifting capacities of up to 400 tons…

Vahana Aryan Becomes First Jack-up Unit to Receive DNV's Abate-Ready Notation

Apr 05, 2023

Dubai-based Vahana Marine Solutions DMCC's Vahana Aryan vessel has become the first jack-up unit to receive DNV’s Abate-Ready notation. According to DNV, the Abate notation is designed to assist the owners and operators of offshore units to…

EnQuest Posts 31% Rise in 2022 Free Cash Flow, Windfall Tax Weighs

Apr 05, 2023

British North Sea-focused oil producer EnQuest said on Wednesday that its 2022 free cash flow jumped 31% from the previous year to $519 million on the back of higher prices, beating guidance, but a windfall tax weighed on its accounts. EnQuest has deferred drilling on its Kraken field…

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