Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…
Offshore wind industry suppliers Ocean Geophysics and HighTide have entered into a joint venture aimed at combining their seabed data processing, analysis and interpretation capabilities.The partnership brings together Ocean Geophysics’ large…
The Australian government on Thursday released its first package of offshore oil and gas acreage for bidding since 2022.All five areas are in the Otway Basin offshore Victoria state in Commonwealth waters and come a day after the Victorian government…
McDermott has secured a subsea contract from Petronas Carigali Brunei for engineering, procurement, construction, installation and commissioning (EPCIC) of a natural gas development project offshore Brunei.The award follows McDermott's completion of front-end engineering design (FEED)…
Oil major Shell said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a shutdown of the Hoover Offshore Oil Pipeline System (HOOPS).The top producer in the U.S. Gulf said it expects its Whale and Perdido platforms…
Brazil's Petrobras could start producing at the Sudoeste de Tartaruga Verde block in about two years, Sylvia Anjos, the state-run oil firm's head of exploration and production, said on Friday.The firm made a discovery at the block, located in the country's Campos basin…
Energy industry services firm EnerMech has named Nuno de Sousa as senior vice president for energy solutions, strengthening its technical capabilities and expanding its presence across global markets.De Sousa brings more than 25 years of experience in engineering…
Equinor has started production from the Verdande subsea field in the Norwegian Sea, a development that is expected to keep the Norne floating production, storage and offloading (FPSO) producing beyond 2030.The field, which holds an estimated 36 million barrels of oil…
The European Council said on Wednesday it reached an agreement with the European Parliament on phasing out Russian gas imports by 2027 as part of an effort to end dependency on Russian energy.The agreement will include a legally binding, stepwise…
The European Commission included two cross-border energy projects two initiatives backed by Italian gas grid operator Snam in its priority list on Monday, making them eligible for EU funding.The commission had already added the projects to a priority list in 2023…
Subsea7 has secured a sizeable contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba floating storage unit (FPU) and Greater Stella field FPF-1 production facility, off United Kingdom.The decommissioning scope includes the flushing of the subsea pipelines…
Moscow and Beijing have been discussing ways to expand Russian oil exports to China, Russian Deputy Prime Minister Alexander Novak said on Tuesday.China and India have become the main buyers of Russian oil since the start of Russia's military campaign in Ukraine in February 2022…
IKM Testing UK has outlined plans to expand its workforce and service offering, after it had booked more than $8.5 million (£6.5 million) in decommissioning project sales for 2025.The offshore decommissioning and pipeline services provider will…
Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…
Offshore operators are using an array of smart tools and techniques to optimize production, including from tiebacks, and cut emissions in the North Sea, a new report from the North Sea Transition Authority (NSTA) shows.The Technology Insights…
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