Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process…
Norwegian oil and gas company Vår Energi has achieved increase in both production as well as recoverable volumes from the Gjøa field, following the start-up of the Gjøa low pressure project.The project has modified the compressor systems on the Gjøa platform…
Subsea robotics firm Forum Energy Technologies (FET) has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system.The equipment will support extensive subsea operations in Brazil conducted by DOF…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…
The Norwegian Offshore Directorate (NOD) has granted Harbour Energy a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/8-8 S in production license 248 LS and 248 B.The license is operated by Harbour Energy with 60% working interest…
Seequent’s digital subsurface modelling helps mitigate risks—from site selection to operations. Working underneath the world’s waters is a challenge in and of itself, a challenge exacerbated if an operator does not have a clear picture of the…
Finder Energy has executed a binding farm-in agreement with joint venture partner Timor Gap to increase the Timor-Leste state oil company’s stake in Production Sharing Contract (PSC) 19-11, entailing the Kuda Tasi & Jahal (KTJ) fields development project…
Dutch-based SBM Offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico.The FSO’s name…
Seatrium has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its proprietary FLEXHull 1500K-M floating production storage and offloading (FPSO) design.The AiP underscores Seatrium’s ability to deliver advanced solutions for deepwater oil and gas production…
Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4.The contract terms have been mutually agreed and remain confidential between the parties…
ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…
Offshore energy industry suppliers Ocean Geophysics has partnered with EdgeTech, a specialist in underwater technology solutions, to deliver advanced data processing software for EdgeTech’s newly launched eBOSS (Enhanced Buried Object Scanning System)…
Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…
BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…
Subscribe
