Offshore Energy News


VIDEO: Subsea UK and the Creation of the “Global Underwater Hub”

Jul 28, 2021

Subsea UK is embarking on a new adventure as The Global Underwater Hub, a new organization with already nearly $18 million in funding. ‘The Hub’ aims to leverage the UK’s strong maritime heritage, as well as its underwater expertise that transcends offshore defense and research…

Buyers Reportedly Line-up for a Crack at Seadrill

Jul 20, 2021

Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday…

Report says BHP Mulls Oil & Gas Exit

Jul 20, 2021

Global miner BHP Group is considering getting out of oil and gas in a multibillion-dollar exit as it looks to speed up its retreat from fossil fuels, Bloomberg News reported on Tuesday, citing people familiar with the matter.The world's biggest…

Digitalization: Petrofac, James Fisher Cut Need for Offshore Survey Ahead of Modification Scopes

Jul 19, 2021

Oilfield services firm Petrofac said Monday it has with the help of digitalization, and in cooperation with James Fisher Asset Information Services (JF AIS), managed to eliminate the need for offshore surveys ahead of modification scopes, reducing time and cost…

Ocean Floor Geophysics, PGS Complete Towed Streamer CSEM System Transaction

Jul 19, 2021

Norwegian seismic data firm PGS has completed the sale of the hardware, software, and intellectual property associated with the company’s towed streamer Controlled Source Electro-Magnetic (“CSEM”) system to Canada's Ocean Floor Geophysics, Inc (“OFG”)…

Neptune Energy Deploys Gaming Tech at Norwegian Wells to Boost Output, Cuts Costs

Jul 16, 2021

Oil and gas company Neptune Energy’s said this week it has digitalized its subsea wells in Norway using an innovative 3D gaming tech-based data visualization platform to enhance drilling and production efficiency, and reduce time and costs.The…

DNV to Conduct Safety Study at Offshore Hydrogen Production Site in France

Jul 15, 2021

DNV, an energy industry consultancy and assurance provider, said Thursday it would lead the process safety study to identify the main environmental, safety and operational risks for what they say will be the world's first offshore hydrogen production facilities…

Equinor, Ardyne Extend Offshore Well Decommissioning Tech Partnership

Jul 14, 2021

Norwegian energy company Equinor has agreed on a second joint industry project (JIP) with UK/Norway-based fishing, milling, and casing recovery provider Ardyne to further develop Ardyne's TITAN RS technology.Ardyne said the JIP would aim 'to…

Chinese Seismic Giant Buys 18,000 Seabed Nodes from Sercel

Jul 12, 2021

CGG, a France-based provider of seismic data for oil and gas exploration, said Monday its subsidiary Sercel has recorded the first major sale of its recently launched GPR300 seabed nodal solution.Sercel sold the nodes to BGP, a China-based international geophysical services provider…

Sustainable Marine's 'Ultra-durable' Tidal Turbine Rotors Can Stay in the Field for 20 Years

Jul 07, 2021

Scottish tidal energy technology company Sustainable Marine said Wednesday its new turbine rotors have proven they can survive for two decades in the field, following rigorous tests at a marine energy center in Ireland.The company teamed up…

Aker Solutions Confirms Major Subsea Compression Contract with Chevron

Jul 06, 2021

Norway's Aker Solutions confirmed Tuesday it had secured a 'major contract' from Chevron to provide a subsea gas compression system for the Jansz-Io field, offshore Western Australia. The contract follows Chevron's sanction of the $4 billion project last week…

VIDEO: 'Eye of fire' Near Offshore Platform in Mexico Extinguished

Jul 03, 2021

A fire on the ocean surface west of Mexico's Yucatan peninsula early on Friday has been extinguished, state oil company Pemex said, blaming a gas leak from an underwater pipeline for sparking the blaze captured in videos that went viral.Bright…

Aker Solutions' Subsea Tech Picked for Chevron's Australian Project

Jul 02, 2021

Norwegian oilfield equipment and technology provider Aker Solutions has said its subsea compression tech has been selected for Chevron's Jansz-Io Compression Project, offshore Western Australia.'Aker Solutions remains in ongoing discussions with Chevron to finalize the contract…

L3 Harris Tapped to Deliver USV for Offshore Oil Spill Response

Jul 01, 2021

An unidentified 'leading integrated oil and gas company' recently took delivery of an Unmanned Surface Vehicle (USV) from  L3Harris Technologies, a USV designed to help out during oil spill response operations.C-Tug 3 is an 11-ft. USV  outfitted with L3Harris' ASView control system…

Scottish, French Firms Partner Up to Speed Up Tidal Energy Development

Jun 30, 2021

Tidal technology companies Nova Innovation from Scotland and Sabella from France, have signed a Memorandum of Understanding (MoU) to speed up the development of tidal energy sites for both Scottish and French companies.The company said they'd…

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