Offshore Activity - page 2

 

Higher Production Uplifts ConocoPhillips Quarterly Finances

Feb 07, 2025

ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production helped offset lower crude prices, and expects 2025 to be a peak spending year for its long-term projects.The company expects capital expenditure in 2025 to be $12…

UK’s Prime Minister Likely to Not Block Rosebank Oil and Gas Project

Feb 07, 2025

British Prime Minister Keir Starmer indicated he would not stand in the way of the Rosebank oil and gas field, after a court blocked it, sending the decision to the government which had pledged not to issue any new licences.Starmer's government…

Ocean Winds Lines Up Cadeler’s Vessel for Work at Polish Offshore Wind Farm

Feb 07, 2025

Danish offshore wind installation firm Cadeler has signed a vessel reservation agreement with Ocean Winds for the installation of the wind turbine generators at BC-Wind offshore wind farm in the Polish Baltic Sea.The potential value of the contract…

CNOOC Starts Production at Offshore Oil Filed Equipped with CCUS Tech

Feb 07, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of Bozhong 26-6 oil field development project in Bohai Bay, which also features carbon capture, utilization and storage (CCUS) capabilities…

Novielli Boats Outlines Plans for New Production Site

Feb 06, 2025

Novielli Boats continues to command significant attention in the global RIB boat (Rigid Inflatable Boat) sector, with an ever-increasing market share driven by a combination of refined design and robust engineering. Through steady growth, the…

Windward Unveils AI Solution for Critical Maritime Infrastructure Protection

Feb 06, 2025

Windward has launched a Critical Maritime Infrastructure Protection solution, an AI-powered solution designed to protect the world’s essential maritime infrastructure against growing threats.Windward’s Critical Maritime Infrastructure Protection…

Egypt Inks $3B LNG Deals with Shell and TotalEnergies

Feb 06, 2025

Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters.The most populous Arab country last year returned to being a net importer of natural gas…

ECITB: Employers Face Hiring Challenges for Increasingly Aging O&G Workforce

Feb 06, 2025

The Engineering Construction Industry Training Board (ECITB) workforce report has highlighted hiring challenges for offshore oil and gas employers in the U.K, as the average age in the offshore engineering construction industry (ECI) starts falling behind wider industry…

Van Oord’s Heavy Lift Vessel Installs First Monopile at Polish OW Farm

Feb 06, 2025

Van Oord’s heavy lift installation vessel Svanen has installed the first monopile at the Baltic Power offshore wind farm, north of the Polish coast.Developers ORLEN and Northland Power contracted Van Oord for the transport and installation of 78 foundations…

Baker Hughes Launches All-Electric Subsea Production System

Feb 06, 2025

Energy technology company Baker Hughes has launched its new all-electric subsea production system, the industry’s first fully electric topside-to-downhole solution for offshore operations.The modular system allows for existing tree designs to be seamlessly updated for electric operations…

Monna Lisa Cable Layer Joins Prysmian’s Fleet

Feb 06, 2025

Monna Lisa cable laying vessel (CLV), built by Norwegian shipbuilder Vard, has joined Prysmian’s fleet.The 171-meter-long CLV has officially joined Prysmian fleet, following the successful completion of sea trials.Monna Lisa will match Prysmian’s Leonardo da Vinci…

CFE Engineers Delivers Suction Piles for Chevron’s Jansz-lo Compression Project

Feb 06, 2025

CFE Engineers Asia, a subsidiary of provider of rigging and mooring equipment solutions Franklin Offshore, has completed the fabrication and load-out of 12 suction piles for Chevron’s $4 billion Jansz-lo compression project offshore Western Australia…

Kongsberg Maritime Unveils Range of T&I Solutions for Floating Wind

Feb 06, 2025

Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialize the transportation and installation (T&I) of floating offshore wind turbines.The new solutions have been developed to streamline the entire process…

Aker BP Bites Dust in North Sea

Feb 06, 2025

Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea offshore Norway.The drilling was carried out north of the Gjøa field at the wildcat well 35/6-5 S, located in production license 1110, which was part of the awards in predefined areas (APA) 2020…

Orsted Cuts 2030 Investment Plan by 25% Amid Offshore Wind Market Shift

Feb 06, 2025

Denmark's Orsted decided to cut its 2030 investment program by 25%, the renewable energy firm said on Wednesday, as the offshore wind industry grapples with rising costs and supply chain issues.The firm will now invest in the range of 210 billion to 230 billion Danish crowns ($29…

Current News

ADNOC Secures LNG Supply Deal with India's BPCL

ADNOC Secures LNG Supply Deal

India Set to Launch Oil and Gas Licensing Later This Week

India Set to Launch Oil and Ga

BP’s Shares Soar on Elliott Stake Increase

BP’s Shares Soar on Elliott St

Source Galileo, Portland Port to Progress Offshore Wind in English Channel

Source Galileo, Portland Port

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