Industry News

 

Two Injured, Five Missing as Fire Breaks Out at Perenco’s Platform Offshore Gabon

Mar 21, 2024

Oil and gas company Perenco has reported an incident involving fire on its Perenco Becuna platform offshore Gabon.The incident took place on March 20, 2024 at approximately 15.25 (Gabon time).Initial reports indicate two persons have been injured and five are currently missing…

Optime Subsea to Deliver Two ROCS for Deepest Gas Field Offshore Norway

Mar 21, 2024

Optime Subsea has been contracted by Equinor to deliver two Remotely Operated Control Systems (ROCS) for use at the operator’s Irpa field development in the Norwegian Sea.Optime Subsea will manufacture the two ROCS systems at the company’s headquarter in Notodden…

Oceaneering and GDi Team Up for Oil and Gas Digital Asset Management

Mar 21, 2024

Oceaneering International has signed a strategic collaboration agreement with Global Design Innovation (GDi) to deliver digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation. The…

ASCO Secures Over $25M in BP, TotalEnergies and Centrica Contracts

Mar 21, 2024

Scotland-based logistics and materials management company ASCO has secured a string of contract extensions with long-standing clients BP, TotalEnergies, and Centrica Energy Storage worth over $25.4 million.The renewed contracts will each last up to three years…

Equinor, DNO Wrap Up Appraisal of Two Wells in Heisenberg Discovery

Mar 21, 2024

Norwegian oil and gas companies Equinor and DNO have completed appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery, which is now estimated to hold recoverable volumes in the range of 24 to 56 million barrels of oil equivalent (MMboe)…

Suriname Presses Exxon, TotalEnergies to Combine Gas Developments

Mar 20, 2024

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…

Shell Sells Stake in SouthCoast Wind Energy

Mar 20, 2024

Energy firm Shell said on Wednesday it had sold its 50% stake in SouthCoast Wind Energy, established to develop wind projects off the coast of Massachusetts, to its joint venture partner Ocean Winds North America for an undisclosed sum.Offshore…

Dril-Quip and Innovex Agree Merger in All-Stock Deal

Mar 20, 2024

Dril-Quip and Innovex Downhole Solutions have agreed to merge, creating a ‘unique’ industrial platform for onshore and offshore oil and gas sector.In an all-stock transaction, Dril-Quip will combine its drilling and production equipment expertise…

Atlanta FPSO Sets Sail for Brazil

Mar 20, 2024

Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil.After the conclusion of the activities in Dubai and sea trials…

ExxonMobil Strikes Oil Offshore Guyana

Mar 20, 2024

ExxonMobil has made an oil discovery at Bluefin in the Stabroek block offshore Guyana, marking its first discovery of 2024.The Bluefin well encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone and was drilled by the Stena Drilling's Stena Drillmax drillship in 4…

MAN Energy Solutions Lands Major Order for MODEC’s New FPSO

Mar 20, 2024

MAN Energy Solutions has been hired to supply 11 RB-type compressor trains for MODEC’s floating production storage and offloading (FPSO) unit that will be deployed at the Raia project, in the Campos Basin, offshore Brazil.The order’s substantial…

Norway Awards First Offshore Wind Tender to Sweden's Ingka, Japan's Parkwind

Mar 20, 2024

The Ventyr group, owned by Japanese-backed Parkwind and Sweden's Ingka, won Norway's first offshore wind farm tender to build 1.5 GW of capacity in the North Sea, the country's energy ministry said on Wednesday.The government hopes the auction…

ABB to Supply Shore Connection System for DEME’s Fleet in Vlissingen Port

Mar 20, 2024

ABB has secured a contract to deliver shore connection installations that will enable DEME’s fleet to avoid emissions when berthed in the Port of Vlissingen in the Netherlands.ABB’s shore connection technology will support DEME’s long-term decarbonization strategy…

Zanzibar Launches Its First Oil and Gas Licensing Round

Mar 20, 2024

Zanzibar has launched its first licensing round, inviting bids for eight blocks offshore the insular semi-autonomous region of Tanzania.The Ministry of Blue Economy and Fisheries has on March 20, 2024, invited bids for the blocks spanning 31…

NOV Acquires MAATS Tech's Carousel and Cable-Lay Systems IP

Mar 20, 2024

Houston-based energy solutions provider NOV has acquired the intellectual property (IP) rights of MAATS Tech, a defunct business providing turnkey ship-based carousel and cable-lay systems.In 2023, NOV formed a new Cable Lay team based in Stonehouse…

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