Offshore Activity - page 156

 

NKT to Supply Export Power Cables for OX2 and Ingka Investments' Swedish Offshore Wind Projects

May 30, 2023

OX2 and Ingka Investments, two companies working to build wind farms offshore Sweden, have entered into a conditional agreement with NKT for the delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the…

Saipem's Acoustic Subsea Pipeline Monitoring Tech Gets DNV Nod

May 30, 2023

Italian offshore services firm Saipem said Tuesday that its Integrated Acoustic Unit (I.A.U.) technology for monitoring of subsea pipelines during laying operations had obtained the statement of qualified technology for medium and large pipelines by DNV…

Unique Group Names New CEO

May 30, 2023

Unique Group, a subsea technology and engineering services firm, has appointed Sahil Gandhi as Chief Executive Officer (CEO), succeeding Himanshu (Harry) Gandhi, who will now assume the position of Chairman of the Group.Acting as Unique Group’s COO since 2017…

H2Shore: Port of Aberdeen and Subsea 7 to Explore Feasibility of Subsea Hydrogen Storage

May 30, 2023

Port of Aberdeen and Subsea 7 have secured a grant of £150,000 from the Scottish Government to investigate the feasibility of storing hydrogen underwater at the new Aberdeen South Harbour.The 'H2Shore - Hydrogen coastal storage and distribution'…

Three-year Charter for Olympic Triton Subsea Support Vessel

May 30, 2023

Norwegian subsea services company Reach Subsea has exercised the option to charter the subsea support and construction vessel Olympic Triton vessel for three years plus two yearly options, including the six months charter announced in February…

TGS, PGS, and Schlumberger in 6,885 sqm 3D Seismic Survey Offshore Malaysia

May 30, 2023

TGS, in partnership with PGS and SLB (ex-Schlumberger), has secured pre-funding for a 6,885 square kilometer multi-client 3D seismic survey offshore Malaysia in North Luconia Province of the Sarawak Basin. This new acquisition is set to kick off in June 2023…

A Decade in the Making: Stena Evolution Drillship Prepares for Gulf of Mexico Debut in 2024 as Contract Secured

May 29, 2023

Offshore drilling contractor Stena Drilling has secured a contract with Shell for the Stena Evolution drillship.The Stena Evolution, built by Samsung Heavy Industries, was originally ordered by Ocean Rig, and named Ocean Rig Crete.Ocean Rig ordered the drillship in 2014…

Offshore Services Firm Stork Wins Long-Term Contract with UK's Harbour Energy

May 29, 2023

Offshore oil and gas services firm Stork has won a five-year contract, plus five one-year extension options with UK-based oil and gas firm Harbour Energy. The contract extends Stork’s asset integrity services in the North Sea on Harbour Energy’s Armada…

Russia's Sakhalin-1 Oil Production Back at Peak 200,000 bpd, ONGC Says

May 29, 2023

India's state-run Oil and Natural Gas Corp said oil output from the Sakhalin-1 project in Russia has bounced back to its plateau level of about 200,000 barrels per day (bpd) from zero, according to a company presentation.ONGC hopes to reclaim…

Shawcor's Pipe Coating Division Wins $110M Contract for Deepwater Project in South America

May 29, 2023

Canada-based Shawcor has informed that its pipe coating division, Pipeline Performance Group (“PPG”), has received a formal contract award for a development project, located offshore in South America. Shawcor had previously announced its conditional award…

Cyprus Wants Shipping Corridor to Export Mediterranean Gas to Europe

May 29, 2023

Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers, its president said on Monday. Cyprus's new centrist government, which came to power in February, has cooled…

TotalEnergies Granted 20-Year License Renewal on Nigerian Offshore Block

May 29, 2023

French oil major TotalEnergies, operator of OML130 offshore license in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years.Located 150 kilometers off the Nigerian coast, the OML130…

Four Bidders Vie For Stake in Exxon LNG Terminal Offshore Italy - Sources

May 29, 2023

Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…

Petronas Says Malaysian Anti-graft Probe Found No Wrongdoing by the Firm

May 29, 2023

Malaysia's state oil firm Petronas said on Saturday an anti-corruption probe into the firm's dealings involving a $90 million project had not found any wrongdoing by the company. Malaysia's Anti-Corruption Commission (MACC) said on Friday it…

Allseas Wins Deal to Transport Two 2GW Converter Platforms to German North Sea

May 26, 2023

Offshore installation services company Allseas has won a contract to transport two 2GW converter platforms for the BalWin1 and BalWin2 offshore grid connection systems in the German North Sea.The contract, awarded by Dragados Offshore, is for…

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