Prosafe announced it has secured a contract for one of its semi-submersible accommodation vessels, Safe Boreas.In May, the Oslo-listed company said it was awarded a conditional letter of intent by an undisclosed client for the provision to provide…
Canada-based Northland Power has confirmed a carbon dioxide leak on the Hai Long Changhua onshore substation, part of its offshore wind project in Taiwan.The leak, which stemmed from the substation's fire suppression system, occurred at approximately 10 a…
According to the Norwegian Offshore Directorate's projected scenarios leading up to 2050, the difference between high and low production of oil and gas can amount to nearly an entire government pension fund.Norway still has extensive oil and gas resources on the Norwegian continental shelf (NCS)…
Norway's Vaar Energi has again postponed the startup of its North Sea Balder X oil and gas project, planning to begin output in the second quarter of 2025 rather than by the end of this year, the company said on Wednesday.Plagued by cost overruns and delays…
Aize announced an expansion of the strategic collaboration with Aker BP to include a Software-as-a-service (SaaS) agreement for all relevant facilities.Aize and Aker BP have focused their combined development efforts on two areas: Develop…
At the urging of environmental groups, a U.S. judge threew out an assessment by a federal agency governing how endangered and threatened marine species should be protected from oil and gas drilling in the Gulf of Mexico.U.S. District Judge Deborah Boardman in Greenbelt…
An offshore natural gas pipeline that exploded near Venice, La., on Saturday night, killing one person, was owned by Whitney Oil and Gas, the U.S. Coast Guard said. The company was not immediately available for comment.'The explosion resulted…
TGS won an Ocean Bottom Node (OBN) data acquisition contract in North America. This four-month extension to an existing contract will build on existing operations, reinforcing TGS' position in the market and underscoring the commitment to delivering high-quality seismic data solutions…
Strategic initiatives are attracting investors and petroleum contractors to Asia Pacific’s offshore energy market, propelling the region towards enhanced security and economic growth. As countries tap into their local resources to meet rising demand…
DeepOcean won a contract extension with Diavaz for the vessel, Arbol Grande. The vessel will work on Inspection Maintenance and Repair (IMR) services in Mexico for the next five years.Arbol Grande is a construction and subsea vessel, delivered…
Volue and Jua announce a partnership to harness the power of AI driven weather predictionVolue announced a partnership agreement with Jua that the tandem see as revolutionizing weather prediction for the renewable energy market. The partnership…
Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% stake in MODEC and will make it an equity-method affiliate…
Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea7, has partnered with two Scottish universities to investigate any potential impact of floating windfarms on marine ecosystems.The PREDICT 2.0 initiative involves deployment…
The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for wellbore 6608/10-R-2 H in production licence 1013, cf. Section 13 of the Resource Management Regulations.General informationWellbore name6608/10-R-2 HTypeEXPLORATIONPurposeWILDCATProduction…
Norway's Equinor has begun work to resume output at its Gullfaks C oil and gas platform in the North Sea after a shutdown on Sunday, a company spokesperson said on Tuesday. The incident was caused by problems with one of the platform's wells…