Offshore News


Woodside Raises Production Expectations After Record Quarter

Oct 15, 2024

Australia's top energy firm Woodside marginally raised its annual output expectations on Wednesday after a record production for the quarter, reflecting ramp-up at Sangomar facility in Senegal and higher seasonal domestic gas demand.The country's…

Friede & Goldman Model Tests Its BargeRack Solution

Oct 15, 2024

Houston-based offshore engineering firm Friede & Goldman (F&G) announced it has completed model testing for its BargeRack offshore wind feeder solution at the MARIN maritime research institute in the Netherlands, bringing F&G closer to commercializing the technology…

North Star Gets Its First CSOV Contract

Oct 15, 2024

UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design…

C-Innovation Awarded IMR Contract from BP

Oct 14, 2024

Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) on Monday announced it has signed a new three-year contract with bp for field development, and inspection, maintenance and repair (IMR) work.The contract, which has options for two one-year extensions…

Fugro Names Annabelle Vos Director for Middle East & India

Oct 14, 2024

Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India, effective January 1, 2025.Vos has been part of the Fugro family since 2016, when she joined as General Counsel and Chief Compliance Officer…

US Creates New Marine Sanctuary Along California Coast

Oct 14, 2024

The Biden administration on Friday announced the creation of the Chumash Heritage National Marine Sanctuary along California's central coast, a victory for the Chumash tribe that pursued the designation for a decade.The newly formed sanctuary is part of U…

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

Oct 14, 2024

South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0…

Esgian Week 41 Report: Operators in Norway Preparing for Drilling

Oct 13, 2024

Esgian highlights that operators in Norway are preparing new wells for Odfjell Drilling, COSL and Saipem semisubs in its Week 41 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling has secured new contracts for its 350-ft jackups…

New LNG Bunker Vessel for TotalEnergies LNG Bunkering Ops

Oct 11, 2024

TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity.This additional vessel might be deployed in Oman, where the company is developing the Marsa LNG…

Exxon Secures Over 271,000 Acres in Texas Waters for Offshore CO2 Capture

Oct 10, 2024

ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation.The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture…

Industry Partnership to Deliver SOV Tailor-Made for Floating Wind Farms

Oct 09, 2024

North Star has launched a partnership which includes MO4, Principle Power, SMST, Vard, and Voith Group to fast-track the development of high-performance operations and maintenance ships tailored for floating offshore wind farms.The companies…

Tanker Vessels Flock to Guyana as Oil Exports Soar 58%

Oct 09, 2024

“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen…

Denmark Postpones Hydrogen Pipeline to Germany

Oct 08, 2024

Denmark will postpone the rollout of a green hydrogen transmission pipeline between western Denmark and northern Germany by three years to 2031 from 2028, the country's energy ministry said on Tuesday.Denmark has worked with transmission system…

Woodside Takes Over and Renames Driftwood LNG Development

Oct 08, 2024

Woodside has completed the acquisition of Tellurian Inc. and its US Gulf Coast Driftwood LNG development opportunity.Woodside has acquired all issued and outstanding Tellurian common stock for approximately $1.00 per share to bring the value of the transaction to approximately $1…

Eni Scales Up LNG Bunkering Activities through Avenir LNG Charter Deal

Oct 08, 2024

Eni has signed a charter agreement for the LNG bunker vessel Avenir Aspiration with Avenir LNG to support an expand in activities in LNG bunkering market.The bunker vessel will supply LNG for cargo and passenger ships, which are increasingly…

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