Norwegian oil and gas company OKEA has agreed to acquire a 28% stake in offshore block PL037, in Statfjord Area, offshore Norway, from Equinor for an initial fixed consideration of $220 million.The Statfjord Area comprises the Statfjord Unit, Statfjord Øst Unit, Statfjord Nord and Sygna Unit. The Statfjord Unit development covers the Statfjord A, B and C concrete gravity-based platforms. The other fields are subsea developments tied back to the main field platforms…
Oil and gas major BP on Monday confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, that it will, together with its partners in the project offshore Mauritania/Senegal…
Marine seismic survey services firm Shearwater GeoServices has won two contracts for 4D seismic surveys with Petrobras for the Jubarte and Tartaruga Verde fields in the Campos Basin offshore Brazil. Combined, the two surveys add eight months to the Shearwater's order book…
Marine survey specialist TDI-Brooks said Thursday it had completed a third geotechnical support project for Turkey's DenAr Ocean Engineering,for Phase 2 of the TPOTC Sakarya gas field pipeline route investigation and site survey project in the Black Sea…
Italian energy industry services firm Saipem said Wednesday it had, in consortium with Bouygues Travaux Publics and Boskalis (BSB), installed and ballasted the Gravity-Based Structures (GBS) foundations for the Fécamp offshore wind farm in Normandy…
TDI-Brooks said it completed a Geotechnical Site Investigation for Beacon Exploration & Production LLC in the deepwater Gulf of Mexico. The project consisted of ‘heavy’ geotechnical coring/cone penetration testing (CPT) with TDI-Brooks’ research vessel…
Reach Subsea has agreed to buy OCTIO AS, a provider of monitoring solutions for oil and gas producing fields and CO2 storage reservoirs, from Equinor Ventures.OCTIO performs the geophysical studies that lead to overall monitoring strategies…
French geophysical services company CGG has completed the sale of its GeoSoftware business to Topicus and Vela Software for $95 million in cash. The transaction was effective October 1, 2021.GeoSoftware product suite, among other things, helps…
Norwegian seismic data firm PGS has this week made available an additional 1000 sq. km of reprocessed 3D data from OPL 248 are offshore Nigeria, completing its PGS Niger Delta 2020 Reprocessing package.The company said the data package was well…
Norwegian group Crown LNG has signed a deal with Aker Solutions as the main contractor to deliver a concrete gravity-based structure (GBS) for Crown’s offshore LNG terminal at Kakinada, India.Under the agreement, Aker Solutions and key subcontractors…
Oil and gas seismic data company CGG announced has entered into a Sale and Purchase Agreement (SPA) with Xcalibur Group for the sale of CGG’s Multi-Physics business.Under the agreement, France-based CGG will sell is entire Multi-Physics business…
Norwegian oilfield services company Aker Solutions has won a contract extension from ExxonMobil for the provision of engineering, procurement, and construction (EPC) services for the Hebron platform, offshore Newfoundland, Canada.The Hebron oil field is located offshore Newfoundland and Labrador…
A handrail dropped 20 meters on ExxonMobil's Hebron platform off Canada last week, in an incident that could've been fatal. Newfoundland and Labrador offshore oil and gas regulator C-NLOPB said last Friday that ExxonMobil Canada had reported that on June 24…
Tidal energy developer Minesto has completed the first offshore installation phase of its tidal energy project in the Faroe Islands, as the gravity-based foundation for the powerplant has been installed at the site in Vestmannasund.David Collier…
A consortium of Bouygues, Saipem, and Boskalis has been awarded the contract for design, construction, and installation of 71 concrete Gravity-Based Structures (GBS) which will serve as foundations for the Fécamp offshore wind farm turbines in Normandy…