In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue new upstream opportunities while governments seek to strengthen domestic and regional energy security…
With one year since the last AHTS report, we have now started to see the effects of a tightening supply-demand balance as earlier predicted, which has translated into a significant uptick in the North Sea spot market especially.The total global AHTS fleet totals just south of 1…
Deepwater production continues to remain a core part of the long-term energy supply mix. While production from conventional onshore and shallow-water assets is expected to remain broadly flat under our base case, Welligence estimates that global…
Maritime design and engineering consultancy Longitude has launched a new compact platform supply vessel (PSV) design D-Flex, aimed at improving cost efficiency for shipowners.The D-Flex PSV is the second design in Longitude’s IMT Isca series…
MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO) vessel.This innovative…
Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for $15 million in cash and shares, in a move the company said will accelerate development of its Kuda Tasi and Jahal (KTJ) oil fields project…
SubCtech’s Li-Ion Energy Storage Systems deliver clean, reliable subsea energy, powering ROVs, AUVs, and subsea infrastructure — reducing CO₂ emissions and OPEX for sustainable marine operations. Designed for longevity and safety in harsh offshore environments. The safe way to cut costs.
Allseas has commissioned MacArtney to replace existing hydraulic launch and recovery systems (LARS) with the all-electric eLARS on three vessels.The scope comprises three over-the-side 150 kN all-electric A-frames, including docking head and AHC winch…
The 66kV high voltage wet mate connector currently undergoing technical qualification by Baker Hughes weighs in at around one ton and has over 40 liters of dielectric oil protecting copper cable up to 1,200 square millimeters in diameter.The…
Entrion Wind has secured a U.S. patent for its Fully Restrained Platform (FRP) monopile, which extends the range of traditional offshore wind monopile technology up to 100 meters water depths.Entrion Wind’s FRP monopile design integrates proven…
Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble…
Shell-operated joint venture, consisting of Deltic Energy and Dana Petroleum, has confirmed gas discovery in the Selene prospect in the North Sea.The Shell operated 48/8b-3Z well, in license P2437, proved a 160-meter-thick section of Leman Sandstone…
The more production infrastructure we push to the seabed, the more data we need to pull back up. With it comes opportunity.Chevron’s landmark 6,500 tons of subsea gas compression infrastructure for Jansz-Io demonstrates the scale of what is being put on the seabed…
A potentially cost-effective, efficient means to develop remote oil & gas fieldsSubsea tieback projects are transforming the offshore oil and gas industry by enabling efficient extraction from remote fields and satellite reservoirs, an approach aiming to significantly reduce capital…