Brazilian oil company Petrobras, as the operator of the Tupi offshore field, has submitted to the Brazilian National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area…
Norwegian offshore energy engineering and construction services firm Aker Solutions has won a contract with Heerema Marine Contractors to recycle offshore installations from the Heimdal and Veslefrikk fields in Norway.The firm contract follows a letter of intent signed in March 2021…
Brazilian oil firm PetroRio has said it has filed with Brazil's National Petroleum Agency (“ANP”) the Declaration of Commerciality of the Wahoo discovery, as well as the Development Plan in exclusive operations.The Wahoo discovery is located at the C-M-101 Block…
Oil and gas company TotalEnergies EP Denmark has awarded Havila Shipping a contract for the platform supply vessel Havila Fanø.The contract is for a firm period of 14 months, with further optional periods. 'The contract is in direct continuation of the existing contract starting today…
Norwegian offshore vessel owner Solstad Offshore ASA has received an 87 million crowns (~$9.79 million) grant from Innovation Norway to reduce emissions from its fleet.Including the funds from Innovation Norway, the company plans to invest investing more than 300 MNOK ($33…
TotalEnergies and Simply Blue Group's joint venture, Blue Gem Wind, has filed consent applications for its 100MW Erebus floating offshore wind project.The first-ever consent applications for floating offshore wind in Welsh waters were submitted this week…
Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…
For any country blessed with easy access to the shallow and windy North Sea, offshore wind will be key to meeting net zero targets. Developing these wind farms is partly a challenge for engineers, but it but also depends on the geology beneath…
UAE-based oil and gas companies ADNOC and TAQA on Wednesday announced a $3.6 billion strategic project to 'significantly decarbonize' ADNOC’s offshore production operations.The companies said the project would see the development and operation of a first-of-its-kind high-voltage…
Tidal energy technology developer Minesto said Wednesday that, based on analyzed production data and verified simulations, its utility-scale Dragon Class tidal energy kites are each projected to produce 3.5 GWh of clean electricity per year at identified sites…
New Fortress Energy has signed a Memorandum of Understanding (MOU) with Mauritania for the development of an Energy Hub, including natural gas, power, liquefied natural gas ('LNG'), and blue ammonia, using existing offshore gas reserves off the coast of Mauritania…
Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas…
Norwegian oil and gas company Aker BP has agreed to acquire Lundin Energy's oil and gas business, through a statutory merger, creating the second-largest oil and gas producer on the Norwegian Continental shelf.The transaction values the acquired assets to approximately NOK 125 billion (13…
No year is the same without the annual corporate festive YouTube videos. And while the pandemic is yet again trying to do its best to ruin our holidays, offshore companies have still provided us with a crop of Christmas cheer.Oceaneering, again…
Offshore drilling firm Vantage Drilling has agreed to sell its subsidiary Emerald Driller Company (“EDC”) to ADES for $170,000,000 in cash subject to certain adjustments. EDC is the owner of the Emerald Driller jackup rig, which is operating in Qatar…
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