Offshore Activity - page 2

 

Subsea 7 and OneSubsea Pen Deal with BP for Integrated Subsea Projects

Sep 25, 2023

Offshore installation firm Subsea 7 and SLB's OneSubsea, as part of their Subsea Integration Alliance, have signed a memorandum of understanding (MoU) aimed at forming a framework agreement with BP for integrated subsea developments.Under the framework agreement…

Mexico's First Offshore LNG Plant to Receive Final Piece Soon

Sep 25, 2023

The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.LNG developer…

Biden Administration to Appeal Judge's Order Expanding Gulf Oil Auction

Sep 25, 2023

The Biden administration and environmental groups on Friday said they would appeal a Louisiana federal judge's ruling that ordered an expansion of next week's sale of oil leases in the Gulf of Mexico.The U.S. Interior Department and groups including…

Shell and Trinidad's National Gas Company Sign New Supply Deal

Sep 25, 2023

Shell on Friday signed an agreement to supply Trinidad and Tobago's National Gas Company (NGC) with natural gas through 2036, including from the yet-to-be developed Manatee offshore field, according to the state gas company.Trinidad and Tobago's…

CORRECTED-Lego Abandons One of Its Projects to Make Oil-free Bricks

Sep 25, 2023

Danish Toymaker Lego has abandoned its most high-profile effort to ditch oil-based plastics from its bricks after finding that its new material led to higher carbon emissions, the Financial Times reported on Sunday. Lego found that bricks made from recycled polyethylene terephthalate (RPET)…

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

Sep 22, 2023

China-based offshore drilling contractor China Oilfield Services Limited (COSL) said this week it had agreed to buy four jack-up drilling rigs from Dalian Shipbuilding Offshore.COSL's subsidiaries have agreed to buy four JU2000E jack-up drilling rigs at a total contract price of RMB3…

TotalEnergies to Talk about Namibia Oil Exploration, Share Buybacks

Sep 22, 2023

TotalEnergies is expected to lay out the potential for its oil discoveries in Namibia at an investor day next week as the French energy firm continues to bet on oil and gas to boost profits while also growing its low-carbon business.The group…

Why the Volatile South Caucasus is Important for Oil and Gas supplies

Sep 22, 2023

Azerbaijan is trying to take back control of Nagorno-Karabakh, a breakaway territory controlled by ethnic Armenians, in the latest escalation of a decades-old conflict. Developments over Karabakh could alter the geopolitical balance in the South Caucasus…

Edda Wind Secures Further Work for Edda Passat SOV

Sep 22, 2023

Norwegian offshore wind vessel owner Edda Wind has secured a contract for its service operation vessel Edda Passat.The Edda Passat SOV has operated for Ørsted at Race Bank Offshore Wind Farm since it was built in 2018, and the charter is expiring in October 2023…

U.S. Judge Orders Expansion of Gulf of Mexico Oil Lease Auction

Sep 22, 2023

A federal judge in Louisiana has ordered an expansion of next week's sale of oil leases in the Gulf of Mexico, saying the Biden administration must include additional acreage, according to a court ruling issued late on Thursday.The oil and gas industry…

GUH: Subsea Cable Failures Threatening Offshore Wind Expansion

Sep 22, 2023

UK-based trade body Global Underwater Hub (GUH) is working to tackle failures in underwater cables, which, it says, could derail global offshore wind ambitions.GUH says that the reliability of subsea cables is “paramount” to the success of offshore wind and the energy transition…

Nexans Aurora 2.0: Ulstein Verft to Build Another High End Cable Layer for Nexans

Sep 22, 2023

Nexans Marine Operations and the Norwegian shipbuilder Ulstein Verft have entered into a contract for the construction of a large DP3 cable-laying vessel, which will be an updated version of the Nexans Aurora vessel, delivered in 2021.The vessel is an ST-297 CLV design by Norway-based Skipsteknisk…

Shapoorji Pallonji Energy Unveils 'Sterling Streamline' FPSO Hull Design

Sep 22, 2023

Shapoorji Pallonji Energy Pvt Ltd (SPE), on Friday unveiled a new generation of its standardized newbuild Hull concept design for large FPSOs called Sterling Streamline.'SP Energy, India’s sole specialist in designing, building, owning and operating…

Petronas, MISC, MOL Looking to Create LCO2 Carrier Joint Venture

Sep 22, 2023

Petronas CCS Ventures, a subsidiary of the Malaysian oil and gas giant Petronas has signed a term sheet with Mitsui O.S.K Lines, Ltd. (MOL) and MISC Berhad for the potential incorporation of a joint venture entity to invest in developing and…

Dry Well for Aker BP, Equinor in Norwegian North Sea

Sep 22, 2023

The Norwegian oil company Equinor has drilled a dry well in production license 035 in the North Sea, offshore Norway, the Norwegian Petroleum Directorate said Friday.'Equinor Energy is concluding the drilling of exploration well 30/11-15 in the North Sea…

Current News

Portugal's EDP, Galp Say Price is Key for Offshore Wind Auction

Portugal's EDP, Galp Say Price is Key for Offshore Wind Auction

Marine Power Systems PelaFlex Floating Wind Platform Receives Feasibility Certification from DNV

Marine Power Systems PelaFlex Floating Wind Platform Receives Feasibility Certification from DNV

First Monopiles for Giant U.S. Offshore Wind Project Set Sail

First Monopiles for Giant U.S. Offshore Wind Project Set Sail

Malaysian FPSO Firm Bumi Armada Gets Hold of Indonesian Block with Two Discoveries

Malaysian FPSO Firm Bumi Armada Gets Hold of Indonesian Block with Two Discoveries

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