Offshore Energy News


Reach Subsea Expands Orderbook with Over $50M in New Contracts

Jan 22, 2024

Norwegian subsea services company Reach Subsea has secured multiple new contracts, contract extensions and call-offs within the scope of its existing frame agreements in the North Sea and the Americas region.Reach Subsea said it secured contracts…

N-Sea Boosts Fleet with Aquarius-G Subsea Service Vessel

Jan 19, 2024

Subsea solutions provider N-Sea Group has entered into an agreement with Rederij Groen for long-term charter of the vessel Aquarius-G, an offshore support vessel (OSV) built in 2016.With the length of 68.04 meters, 14.95 meters beam and a draught of 5 meters…

PGS Expands Seismic Survey in Egypt’s West Mediterranean

Jan 18, 2024

Norwegian offshore seismic survey firm PGS has started acquiring data on the EGY24 Nefertiti survey using the Ramform Hyperion vessel.The 3D GeoStreamer survey is the latest in a series of PGS surveys offshore Egypt, expected to enable better…

Stena Drilling Takes Delivery of Stena Evolution Drillship

Jan 17, 2024

Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…

Strohm Wraps Up TotalEnergies’ TCP Job in West Africa

Jan 16, 2024

Strohm has supplied TotalEnergies with a thermoplastic composite pipe (TCP) Jumper, which has been commissioned in deep water in West Africa.This installation, at 1600-meter water depths, followed a rigorous testing program, during which TotalEnergies…

Hellenic Cables to Wire Polish Offshore Wind Farms

Jan 16, 2024

Hellenic Cables has signed a contract with Seaway 7 to supply inter-array cables for the Bałtyk II and Bałtyk III offshore wind farms in Poland.Hellenic Cables was appointed by Seaway7 as the key subcontractor for the design, manufacturing,…

Joint Project Set to Improve Oil Recovery from Reservoirs

Jan 16, 2024

Fishbones, a provider of alternative reservoir stimulation technology, has started an industry technology development project with major Norwegian operator Aker BP to improve oil recovery from reservoir assets.Supported with a $121,000 (NOK 1…

HydroWing Develops Servicing Barge for Tidal Energy Turbines

Jan 16, 2024

UK-based company HydroWing has designed an innovative new barge that aims to cut costs of installation and maintenance for its patented tidal stream array technology.HydroWing technology features a wing system that streamlines operations and…

Talos to Acquire US Gulf of Mexico E&P Company for $1.3B

Jan 16, 2024

Talos Energy has executed definitive agreements to acquire QuarterNorth Energy, a U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields, for $1.29 billion.The acquisition will boost Talos’…

N-Sea Charters Geo Plus' Survey and ROV Support Vessel

Jan 15, 2024

Subsea solutions provider N-Sea Group announced it has entered into an agreement with Geo Plus to long term charter the Dutch flagged vessel Geo Ranger, a hybrid survey and ROV support vessel.The Geo Ranger will accompany the Geo Focus which is already under N-Sea management and control…

US DOE’s TEAMER Awards $1.3M to Marine Energy Researchers

Jan 12, 2024

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) Program, supported by the U.S. Department of Energy (DOE), has selected 10 projects to share $1.3 million for marine energy-related research.The projects have been selected…

ExxonMobil’s Prosperity FPSO Achieves Background Flare in 39 Days

Jan 12, 2024

ExxonMobil Guyana has unveiled that the Prosperity floating production storage and offloading (FPSO) unit, used in the Payara project, achieved background flare in 39 days, ahead of the 60-day target.Achieved ahead of schedule outlined in the project’s environmental permit…

MODEC Contracts Jumbo Offshore for FPSO Errea Wittu Job

Jan 11, 2024

Jumbo Offshore has been awarded a contract by MODEC for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located at Uaru field offshore Guyana.The FPSO Errea Wittu will have the capacity to store 2 million barrels of oil…

Minesto’s Utility-Scale Tidal Energy Kite About to Take Off

Jan 11, 2024

Swedish tidal energy company Minesto has completed the installation of subsea infrastructure and verified the launch and recovery procedures for the 1.2 MW tidal energy device that will soon be deployed offshore Faroe Islands.The device, dubbed Dragon 12…

Investing in Subsea Decommissioning Pays Off, Decom Engineering Finds

Jan 11, 2024

Decom Engineering has completed the first deployment of its largest subsea Chopsaw to date, achieving substantial time savings of almost 300% on a decommissioning job in the North Sea.Following the $1.2 million (£1 million) investment to develop…

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