Oil and gas company BW Energy has started production from the DHBSM-1H well in the Hibiscus South field on the Dussafu license, offshore Gabon, five months after making the initial discovery.Production performance from the well has been in line…
China’s state-run China National Offshore Oil Corporation (CNOOC) has made a major oilfield discovery in deepwater area of South China Sea, named Kaiping South, adding over 100 million tons of oil equivalent proved in-place volume.The Kaiping South Oilfield is located in the eastern South China Sea…
Italian energy giant Eni has made a significant oil and gas discovery in block CI-205, offshore Côte d'Ivoire, in West Africa.The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021…
Offshore vessel owner Harvey Gulf International Marine announced it is modifying its fleet of five dual fuel liquefied natural gas (LNG)/diesel electric powered offshore supply vessels (OSV).A key enhancement includes the segregation of Liquid Mud tanks into six isolated independent tank systems…
U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron, after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.Exxon on Wednesday filed a contract arbitration…
Dutch company Enersea has designed a support frame for carbon capture and storage (CCS) project in the North Sea.According to Enersea, the support frame enables the connection between an existing jacket and a new CCS topsideGoal of this project…
The U.K. government has approved $1.27 billion for the next contracts for difference (Cfd) auction round, which is the biggest ever funding boost for its flagship renewables support scheme.The budget for the sixth CfD allocation round signals…
Spanish utility Iberdrola said on Thursday it is launching a bid to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not hold in a deal that would amount to about $2.49 billion.Iberdrola said it is offering $34…
Equinor and Polenergia have awarded a contract to RockWave for subsurface data reprocessing for Baltyk 1 offshore wind farm in Poland.The contract scope entrusted to RockWave for the 1.56 GW offshore wind farm involves the reprocessing of sparker…
Renewable energy industry supplier Ocean Geophysics has introduced an AI-driven boulder identification tool, which is expected to reduce development risk, time and cost for developers of offshore wind farms.Large, individual boulders as well as boulder fields with thousands…
UK-based Viaro Energy has received regulatory from the North Sea Transition Authority (NSTA) for the assignment in the Bressay oil field license, following the recently completed acquisition agreement with EnQuest. Under the terms of the sales and purchase agreement…
MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane…
The fabrication of a floating production storage and offloading (PFSO) for the Raia project in Brazil, operated by Equinor on behalf of the Raia project consortium, has officially started at Seatrium’s BrasFELS Shipyard.The strike steel ceremony…
NOV’s APL group has received technology qualification program (TQP) certification from DNV for its largest swivel. The swivel TQP developed by APL is claimed to be a game-changer for fluid swivels for oil, gas, e-fuels, and CO2 transfer.The…
NOV’s telescopic leg crane has recently received recognition for its exceptional contribution to the offshore industry. At the Offshore Support Journal (OSJ) Industry Gala Dinner & Awards on February 7, the crane won the OSJ Innovation of the Year Award 2024…