Industry News

 

Fifth FPSO for Petrobras’ Mero Field En Route to Brazil (Photos)

Dec 19, 2024

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16…

US Firm to Supply Subsea Equipment for West Africa Oil and Gas Project

Dec 19, 2024

Houston-based subsea equipment and services specialist Koil Energy has secured a contract to supply electrical and hydraulic distribution manifolds for a project in West Africa with an undisclosed oil and gas company.The manifolds will play…

Offshore Service Vessels: What’s in Store in 2025

Dec 19, 2024

After what we would argue has been an incredibly eventful 2024 with massive deals, tremendous dayrate developments, further charterer backlog build, and the first series of newbuild orders in years, now comes the time when we turn our gaze towards 2025…

Toyo Buys SMD’s ROV Trencher for Japan’s Offshore Wind Sector

Dec 19, 2024

Toyo Construction has acquired a trenching ROV from underwater technology and services company SMD, as part of its investment strategy aimed at Japan’s emerging offshore wind sector.The ROV will form part of Toyo’s expanding fleet of assets…

ABS Approves Hanwha Ocean’s FPSO Design

Dec 19, 2024

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2…

Ocean Kinetics, Green Marine UK complete OpenHydro Decommissioning

Dec 19, 2024

Ocean Kinetics and Green Marine completed the decommissioning of OpenHydro’s pioneering tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney.A joint venture partnership was formed in April to deliver the decommissioning contract…

Noble Secures Work in Ghana and Gulf of Mexico for Its Drillship Pair

Dec 19, 2024

Offshore drilling contractor Noble Corporation has secured work for its Noble Venturer drillship, set for operations offshore Ghana, and Noble Globetrotter I drillship, which will be deployed in the Gulf of Mexico.The contract for Noble Venturer is with Tullow Ghana…

Norway Awards Two CO2 Storage Permits in North Sea

Dec 19, 2024

Norwegian Ministry of Energy has offered two CO2 storage permits to Harbour Energy, Equinor, and Aker BP, both located in the North Sea.One of the permits is being offered to a group consisting of Harbour Energy (operator) and Equinor Low Carbon Solution…

Aker BP Gets Green Light for Drilling Ops in Norwegian Sea

Dec 19, 2024

The Norwegian Offshore Directorate has granted Aker BP two drilling permits for wildcat wells in the Norwegian Sea.The permits are for wellbore 6306/6-3 S in production license 886, and 6507/5-13 S in production license 212.Aker BP operates the license 886…

Allseas Set to Embark on Australia’s Largest Ever Decom Job

Dec 19, 2024

Esso Australia, a subsidiary of ExxonMobil Australia, has hired Allseas for the removal of up to 12 retired oil and gas platforms from the Gippsland Basin in the Bass Strait, with a combined weight of approximately 60,000 tonnes.Allseas’ removal…

Shelf Drilling Permanently Retires Jack-Up Rig

Dec 19, 2024

Offshore drilling contractor Shelf Drilling has entered into agreement to sell its Main Pass I jack-up rig for $11 million and retire it from drilling operations.Shelf Drilling said the Main Pass I rig will be permanently retired from drilling operations…

Saipem Scoops $900M for Work with Shell Off Nigeria

Dec 19, 2024

Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project.The project is related to the tieback of wells to the existing Bonga floating production…

OKEA and DNO Exchange Stakes in Mistral and Horatio Prospects Off Norway

Dec 19, 2024

Norwegian oil and gas companies DNO and OKEA have entered into swap agreement to exchange 10% interests in production licenses that contain Mistral and Horatio prospects.As part of the agreement, DNO Norge will pick up 10% interest in PL1119 containing the Mistral prospect…

Woodside and Chevron Swap Australian Oil and Gas and CCS Assets

Dec 19, 2024

Woodside and Chevron have agreed an asset swap in Australia to streamline their portfolios of oil and gas, liquefied natural gas (LNG), and carbon capture and storage (CCS) projects.Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project…

ASN to Supply Equipment for UK CCUS Project

Dec 18, 2024

Alcatel Submarine Networks (ASN) has received a notice to proceed from Northern Endurance Partnership (NEP), a joint venture between BP, Equinor and TotalEnergies, for the previously announced contract to supply and install a standalone DC/FO submarine cable infrastructure at Teesside (UK)…

Current News

Shell Greenlights Waterflood Project to Bolster Production in Gulf of America

Shell Greenlights Waterflood P

ESVAGT Acquires Two SOVs from Edda Wind

ESVAGT Acquires Two SOVs from

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dräger to Supply Gas Detection

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

NKT Expands Swedish Cable Acce

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