Japan's Inpex Corp, Sojitz Corp and Japan Oil, Gas and Minerals National Corp (JOGMEC) said on Thursday they exited the Frade oil field in Brazil by selling their stakes to partner PetroRio S.A.The three entities, which owned an 18.3% stake in the oil field through a joint venture…
Services company Subsea 7 announced it has acquired 4Subsea, a provider of technology and services that delivers decision support to oil and gas and offshore wind operators.4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team…
A consortium formed by Hokchi Energy, Talos Energy and Wintershall Dea has given up a Mexican oil contract in the Gulf of Mexico's shallow waters due to lack of commercial discovery, the country's oil regulator said on Wednesday.As part of Mexico's flagship energy reform…
Dolphin Drilling sad it has secured a contract with AS Norske Shell in Norway for its Borgland Dolphin semi-submersible drilling rig to support the drilling and completion of a gas producer well on the Knarr field starting in early 2020.The…
Despite the age of big data, 71% of organizations still rely on a single data source to analyze asset performance and risk management – instead of drawing information from multiple sources for a more comprehensive view, reveals a report released by Lloyd’s Register…
Unmanned maritime systems (UMS), especially autonomous underwater vehicles (AUVs), are no stranger to commercial applications. Survey of the seafloor by AUVs and subsequently unmanned surface vehicles (USVs) is now an accepted practice. UMS technology is moving into new commercial domains…
Tractebel Engineering GmbH and Tractebel Overdick GmbH are developing a concept for an offshore platform which makes it possible to produce hydrogen from offshore wind energy at an industrial scale using electrolysis.The companies, both part of French energy group Engie SA…
Germany's 50Hertz Transmission GmbH and Parkwind, the Arcadis Ost 1 Belgian offshore developer, have successfully reached the next level of collaboration.The Transmission System Operator (TSO) for connecting the offshore wind farms in the German Baltic Sea said: 'Already at a very early stage…
Ten banks and the province of Fryslân are jointly financing the 382.7MW Windpark Fryslân, which is being built in the Dutch IJsselmeer, south of the Afsluitdijk, six kilometers off the Frisian coast.The near shore windpark is being built by Zuiderzeewind…
Russia’s Sovcomflot (SCF) will redeliver the seismic survey vessel Vyacheslav Tikhonov to the offshore geophysical company Polarcus in November 2019. Polarcus in a statement refers to its announcement dated 10 June 2019 describing an extension of the bareboat charter for Vyacheslav Tikhonov…
New York State has launched process to upgrade port infrastructure to support expanding offshore wind industry.The New York State Energy Research and Development Authority (NYSERDA), Empire State Development (ESD), and the New York Department…
Oilfield services company Weatherford International announced it has secured a contract with Brazilian-based multinational corporation Petróleo Brasileiro S.A., more commonly known as Petrobras, to deliver 24 Optimax deep-set safety valves in the next four years…
Transocean has deployed the world’s first hybrid energy storage system aboard a floating drilling unit. The system is now operational on the Transocean Spitsbergen, engaged in drilling operations at the Snorre field in Norway, the drilling contractor said on Wednesday…
The 9,200-metric-ton jacket for the new Peregrino C platform has been loaded out at the Heerema fabrication yard in Vlissingen, the Netherlands, and is being fasted to a barge for sail away to the Equinor-operated Peregrino field offshore Brazil…
Partners in the UK North Sea Isabella prospect will begin drilling a first trial well in October, one of the project stakeholders Ithaca announced on Wednesday.Drilling of the Isabella-1 well (30/11a-7) is expected to continue for six months…