Australian oil and gas company Woodside on Tuesday announced the completion of the construction phase for the floating production storage and offloading (FPSO) facility which will be deployed at the Sangomar field offshore Senegal. This will be Senegal's first offshore oil production unit.MODEC, Inc. was awarded the contract to supply the FPSO by Woodside in 2020. Hull and marine works, external turret and topsides module installation…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
Following the UK's first-ever carbon storage licensing process, the North Sea Transition Authority (NSTA) on Friday released the list of firms that had accepted licenses.A total of 14 companies have been awarded 21 licences in depleted oil and…
OEG Offshore UK (OEG), a provider of specialist offshore equipment, on Monday announced the complete integration and rebrand of Harran Ltd, an offshore helicopter refueling systems specialist.OEG Offshore said the move followed the acquisition…
Codling Wind Park Ltd. (Ireland) said Thursday it had received confirmation that it was a successful bidder in the first offshore wind CfD auction in Ireland (ORESS 1).The company is a 50/50 joint venture between Fred. Olsen Seawind, wholly owned by Bonheur ASA…
A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…
Houston-based Deepsea Technologies, Inc. (DTI) on Tuesday announced it has acquire a 100% share AF Global UK Ltd. (AFGUK), the subsea division of AFG Holdings Corporation. The company will now operate under the name Deepsea Technologies UK Ltd…
Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…
A unit of offshore driller Seadrill Ltd on Tuesday filed a fast-tracked reorganization plan in Houston bankruptcy court, where it expects to seek approval of the proposal on Wednesday. The case comes just a few months after its parent entity emerged from its own bankruptcy proceeding…
Asia's first newbuild service operation vessel (SOV) has been launched in Vietnam.The hybrid-electric TSS Pioneer is being built by Vard Vung Tau for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co…
FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…
Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters…
Partners in Australia's North West Shelf (NWS) project have executed gas processing agreements for processing third-party gas through the NWS Project facilities.The agreements were signed with Woodside Burrup Pty Ltd (Woodside Burrup), in respect of gas from the Pluto fields…
Seadrill Partners LLC said on Tuesday it had filed for Chapter 11 bankruptcy protection as a means to restructure its debt, in another sign of financial difficulties for the wider Seadrill Ltd oil drilling rig group.'The company intends to use the bankruptcy process to ensure that all customer…
Shares in South Korean shipbuilders rallied more than 20% on Tuesday following $19 billion worth of deals to build vessels for Qatar Petroleum (QP).QP said on Monday it has signed agreements with South Korea's 'Big 3' shipyards to secure more…