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Chevron Taps InterMoor for SPM Removal in Thailand

Dec 20, 2021

InterMoor, Acteon’s moorings and anchors subsidiary, has been awarded a contract with Chevron in Thailand for the disconnection and removal of Single Point Mooring (SPM) Buoy 1 and 2 in the Gulf of Thailand.InterMoor will provide project management…

Ocean Winds, Shell JV Signs 400 MW Offshore Wind Deal in Massachusetts

Dec 20, 2021

Mayflower Wind, a U.S. offshore wind joint venture between Shell and Ocean Winds, has been awarded the right to provide 400 MW of offshore wind power by the Commonwealth of Massachusetts and its three biggest utilities as part of Massachusetts’ 83C III offshore wind energy procurement…

Prysmian Wins $900M U.S. Offshore Wind Contracts

Dec 20, 2021

Italian subsea power cable maker Prysmian said Friday it had secured contracts worth $900 million in the U.S. offshore wind market.Both projects have been awarded by Vineyard Wind, a joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners (CIP)-Worth around $300 million…

SBM Offshore Secures $620M Loan for Brazil-bound FPSO

Dec 20, 2021

Dutch floating oil and gas production firm SBM Offshore has secured a $620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão, to be deployed in Brazil for Petrobras.The FPSO Alexandre de Gusmão will…

Skipjack Wind 2: Ørsted Wins 846 MW Offshore Wind Contract in Maryland

Dec 20, 2021

The Maryland Public Service Commission has awarded a 20-year Offshore Renewable Energy Certificate (OREC) to Ørsted’s largest bid in the solicitation, the Skipjack Wind 2 Offshore Wind Farm with a capacity of 846 MW. Skipjack Wind 2 will generate enough green electricity to power 250…

US Fishing Industry Teams Up with Oil Lobby to Fight Offshore Wind

Dec 17, 2021

Members of the U.S. commercial fishing industry are teaming up with an oil industry-backed lobbying group to fight offshore wind energy development on the East Coast, according to documents reviewed by Reuters and interviews with people involved…

Rem Offshore Buys PSV Quartet as Axe Falls on K-Line Offshore

Dec 17, 2021

Offshore vessel operator Rem Offshore said Friday it had agreed to buy four platform supply vessels from K-Line Offshore AS, which is set to be dissolved and cease to exist.K-Line Offshore, was established in Norway by Kawasaki Kisen Kaisha (K” LINE) in 2007…

Subsea 7 to Deliver Pipelines for Hanz Field Development in Norway

Dec 17, 2021

Subsea installation specialist Subsea 7 said Friday it had won a 'sizeable' contract with Aker BP for the Hanz field development located in the North Sea, offshore Norway. Subsea 7 defines a sizeable contract as being between $50 million and $150 million…

Production Boost: Enauta to Drill Another Well at Atlanta Field Offshore Brazil

Dec 17, 2021

Brazilian oil company Enauta has approved the drilling of an additional well in the Early Production System (EPS) of the  Atlanta field, in the Santos Basin, offshore Brazil.The Atlanta field normally produces oil via three wells linked to the FPSO Petrojarl I…

Beach Energy Awards Thylacine Field Deal to DOF Subsea

Dec 17, 2021

Offshore vessel owner DOF Subsea Australia has secured a contract with oil and gas company Beach Energy for the Otway Offshore Phase 5 - transport and installation project in Australia.'After collecting all permanent equipment from vendors and transportation to the offshore site…

FPSO for Greater Tortue Gas Project Due in Senegal by end-2022

Dec 17, 2021

BP's floating, production, storage, and offloading vessel (FPSO) for the Greater Tortue Ahmeyim gas project offshore West Africa is expected in Senegal waters for commissioning and testing by the end of 2022, a company executive said on Friday…

OMV Exits Barents Sea Oil Field With $320M Sale to Lundin Energy

Dec 17, 2021

Austrian oil and gas company OMV has completed the sale of its stake in the Wisting oil field in the Barents Sea, offshore Norway, to Lundin Energy.The two companies had signed the sale and purchase agreement in October 2021, and after obtaining the necessary approvals from Norwegian authorities…

VIDEO: DemoSATH Floater Manufacturing Accelerating in Spain

Dec 17, 2021

Manufacturing works on DemoSATH, Saitec Offshore’s & RWE Renewables concrete floating wind platform project, are accelerating in the Spanish Port of Bilbao, with the latest milestone being the handling operation of the prototype, Saitec Offshore said Friday…

Woodside Taps Schlumberger, Subsea 7 for Scarborough Pipelines, Production Systems

Dec 17, 2021

Subsea Integration Alliance, a partnership between Schlumberger and Subsea 7, has secured a contract with Australia's Woodside for the delivery of subsea pipelines and production systems for the Scarborough gas project offshore Australia.The multi-billion-dollar Scarborough gas field development…

Russia's Lukoil Expects OPEC+ Oil Output Rollover in January

Dec 17, 2021

Leonid Fedun, a vice president of Russian oil major Lukoil, said on Friday he expected OPEC+ to stick to its decision to raise oil production by 400,000 barrels per day (bpd) each month at its meeting in January.OPEC and allies including Russia…

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