Offshore Energy News


Floating Wind Leasing Round in the Celtic Sea

Dec 07, 2023

The Crown Estate, which manages the seabed around England, Wales and Northern Ireland, has set out further details of a new leasing round for three commercial-scale floating wind projects in the Celtic Sea off the coast of South Wales and South West England…

Venezuela's Maduro Pledges to Permit Oil, Mines Development in Disputed Territory

Dec 06, 2023

Venezuelan President Nicolas Maduro said he would authorize oil exploration in an area subject to a dispute with Guyana, which said it would report his comments to the United Nations and the International Court of Justice (ICJ).Maduro's pledge…

PXGEO Bags 4D OBN Project in Brazil

Dec 04, 2023

Marine geophysical service provider PXGEO on Monday announced it has secured a contract with Brazilian state-owned energy company Petrobras for a 4D Monitor Ocean Bottom Node (OBN) survey in the Santos Basin, Brazil.The survey is to be acquired in water depths up to 2…

Malaysia Banks 1 Billion+ BOE Discoveries in 2023

Dec 01, 2023

PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023. This achievement…

Fincantieri Set to Acquire Remazel Engineering

Dec 01, 2023

Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is a leader specialized in the design and supply of highly customized and complex topside equipment…

Saipem Inks $1.9B in Contracts

Nov 29, 2023

Saipem won two offshore contracts, one in Guyana and the other in Brazil, worth approximately $1.9 billion.The first contract has been awarded by ExxonMobil’s subsidiary ExxonMobil Guyana Limited for the proposed Whiptail oilfield development located in the Stabroek block offshore Guyana…

Verlume Reports 'Significant Growth' in 2023

Nov 27, 2023

U.K.-based energy management and storage technologies company Verlume reports an increasing headcount and sales growth in 2023 across several markets including offshore wind, subsea monitoring and offshore charging. The company said it has increased…

Trelleborg Divests Offshore Oil & Gas Operation in the US

Nov 27, 2023

The Swedish-headquartered Trelleborg Group announced it has sold its U.S. offshore oil and gas operations to an undisclosed buyer.Located in Toledo, Ohio, the operation develops and manufactures primarily ceramic macrospheres and buoyancy modules…

BV Gives Design Approval for Enerocean's W2Power Floating Wind Solution

Nov 22, 2023

Certification body Bureau Veritas (BV) presented Enerocean S.L. with the definite issue of its Certificate of Basic Design Approval of the W2Power floating wind solution.The certification represents the completion of a comprehensive assessment of critical elements of the W2Power design…

PSW Technology Secures 3-Year Deal with Norwegian Oil Firm for Capping Stack Services

Nov 22, 2023

Scana's PSW Technology has signed a frame agreement with an unnamed Norwegian oil and gas operator for Capping Stack & Support Services. The contract consists of a fixed period of 3 years with a 2+2-year option. The value of the frame agreement…

Shearwater, Petrobras Team Up to 'Reshape' Seismic Exploration

Nov 22, 2023

Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments.This multi-year strategic partnership is…

Discover the Future of Ocean Tech: Oi24 Event Registration Now Live

Nov 21, 2023

The organizers of Oceanology International 2024 (Oi24) have invited attendees to discover, connect, and learn, revealing plans for what they say will be the most forward-thinking, powerful, and enriching event yet with the opening of visitor registration today November 21…

JDR Cable Systems Hits Milestones in in Subsea Cable Facility Construction

Nov 21, 2023

Subsea cable supplier and service provider JDR Cable Systems (JDR), a part of the TFK Group, said Tuesday it had achieved several significant milestones in the construction of its new £130 million state-of-the-art subsea cable manufacturing facility in Cambois…

Russia to Seek Compensation Over Nord Stream Blasts - RIA

Nov 21, 2023

Russia is waiting for the outcome of an investigation into the sabotage of the Nord Stream gas pipelines before making any request for compensation, the RIA state news agency cited a foreign ministry official as saying on Tuesday.The pipelines…

EODEX UK Clears 80+ Munitions at Offshore Wind Farm Site Quietly and without Explosions

Nov 20, 2023

Offshore disposal firm EODEX UK has informed that it has removed over 80 offshore munitions from the Moray Firth without high-order detonations.According to EODEX UK, detonations are widely attributed to be a key factor in mass stranding events – such as the Kyle of Durness in July 2011…

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