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Wind Industry Aims to Provide a Third of Japan's Power by 2050

May 30, 2023

Japan's wind power body has set a mid-century goal to increase capacity to 140 gigawatts (GW) from less than 5 GW now, it said on Monday, to meet a third of the country's electricity demand and help it to hit its 2050 carbon neutrality target…

Portugal's First Offshore Wind Auction Aims for More than 1 GW

May 30, 2023

Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.In January,…

Repsol Extends Energy Swan PSV Charter

May 30, 2023

Norwegian offshore vessel operator Golden Energy Offshore Services AS (GEOS) has secured a contract extension with Repsol for its Enegy Swan platform supply vessel.The contract extension is in direct continuation of the current charter contract…

QatarEnergy to Sign Long-term Asian LNG Supply Deal on Thursday - Source

May 30, 2023

QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.The deal will be one of many to come this year as the major LNG producer secures sales for its North Field expansion project…

Semi-submersible Drilling Rig Assigned for Kjøttkake Exploration Well Offshore Norway

May 30, 2023

Oil and gas company Longboat Energy said Tuesday that a semi-submersible drilling rig had been assigned for the drilling of the Lotus (Kjøttkake) exploration well in Norway. Longboat Energy has a 30% stake in the DNO-operated project.The Lotus…

NKT to Supply Export Power Cables for OX2 and Ingka Investments' Swedish Offshore Wind Projects

May 30, 2023

OX2 and Ingka Investments, two companies working to build wind farms offshore Sweden, have entered into a conditional agreement with NKT for the delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the…

Blue Ocean Seismic Services' Robots Pass "Crucial" Tests in Loch Linne

May 30, 2023

Blue Ocean Seismic Services, a company that describes itself as the marine seismic survey disruptor, said Tuesday that its latest series of trials, held in the Loch Linnhe, Scotland, have confirmed that its autonomous undersea robots can reliably operate…

Saipem's Acoustic Subsea Pipeline Monitoring Tech Gets DNV Nod

May 30, 2023

Italian offshore services firm Saipem said Tuesday that its Integrated Acoustic Unit (I.A.U.) technology for monitoring of subsea pipelines during laying operations had obtained the statement of qualified technology for medium and large pipelines by DNV…

Unique Group Names New CEO

May 30, 2023

Unique Group, a subsea technology and engineering services firm, has appointed Sahil Gandhi as Chief Executive Officer (CEO), succeeding Himanshu (Harry) Gandhi, who will now assume the position of Chairman of the Group.Acting as Unique Group’s COO since 2017…

H2Shore: Port of Aberdeen and Subsea 7 to Explore Feasibility of Subsea Hydrogen Storage

May 30, 2023

Port of Aberdeen and Subsea 7 have secured a grant of £150,000 from the Scottish Government to investigate the feasibility of storing hydrogen underwater at the new Aberdeen South Harbour.The 'H2Shore - Hydrogen coastal storage and distribution'…

Three-year Charter for Olympic Triton Subsea Support Vessel

May 30, 2023

Norwegian subsea services company Reach Subsea has exercised the option to charter the subsea support and construction vessel Olympic Triton vessel for three years plus two yearly options, including the six months charter announced in February…

TGS, PGS, and Schlumberger in 6,885 sqm 3D Seismic Survey Offshore Malaysia

May 30, 2023

TGS, in partnership with PGS and SLB (ex-Schlumberger), has secured pre-funding for a 6,885 square kilometer multi-client 3D seismic survey offshore Malaysia in North Luconia Province of the Sarawak Basin. This new acquisition is set to kick off in June 2023…

A Decade in the Making: Stena Evolution Drillship Prepares for Gulf of Mexico Debut in 2024 as Contract Secured

May 29, 2023

Offshore drilling contractor Stena Drilling has secured a contract with Shell for the Stena Evolution drillship.The Stena Evolution, built by Samsung Heavy Industries, was originally ordered by Ocean Rig, and named Ocean Rig Crete.Ocean Rig ordered the drillship in 2014…

Offshore Services Firm Stork Wins Long-Term Contract with UK's Harbour Energy

May 29, 2023

Offshore oil and gas services firm Stork has won a five-year contract, plus five one-year extension options with UK-based oil and gas firm Harbour Energy. The contract extends Stork’s asset integrity services in the North Sea on Harbour Energy’s Armada…

Russia's Sakhalin-1 Oil Production Back at Peak 200,000 bpd, ONGC Says

May 29, 2023

India's state-run Oil and Natural Gas Corp said oil output from the Sakhalin-1 project in Russia has bounced back to its plateau level of about 200,000 barrels per day (bpd) from zero, according to a company presentation.ONGC hopes to reclaim…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

ESG Completes Service Operation Vessel Conversion for HOS

Orbital Marine Power Secures $9.31m Investment

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