Industry News

 

U.S. Gov't Proposes First-ever Offshore Wind Lease Sale in Gulf of Mexico

Feb 22, 2023

The U.S. administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico, as part of the government's plan to spur offshore wind deployment beyond the East Coast.The proposed sale is part of the leasing path announced…

Taiwan's CPC to Acquire Stake in Australia's Dorado Oil Field via Deal with Carnarvon Energy

Feb 22, 2023

The Australian offshore oil and gas company Carnarvon Energy said Wednesday that it would sell a 10% interest in each of its Bedout Basin offshore blocks, including in the Dorado offshore oil field, off Western Australia, to a subsidiary of Taiwan’s national oil and gas company…

Nexans' Cables for US' First Grid-connected Wave Energy Test Facility

Feb 22, 2023

Nexans, a company specializing in making and installing power cables, has secured a contract for PacWave South, the United States' first grid-connected wave energy test facility.PacWave is a joint venture between the US Department of Energy…

Guyana's Offshore Oil Potential Draws Attention from Indian Firms

Feb 22, 2023

Guyana is working with the Indian government on awarding oil and gas exploration blocks to Indian companies, Vice President Bharrat Jagdeo said on Wednesday.The South American nation, home to one of the largest oil discoveries of the last decade…

Brazil: Enauta's FPSO Petrojarl I Undergoing Maintenance

Feb 22, 2023

Brazilian oil company Enauta said Wednesday that the water-cooling system of the FPSO Petrojarl I entered preventive maintenance. The FPSO is used as an early production system at Enauta's Atlanta field.'The maintenance interruption should last until the beginning of the next week…

Floating Offshore Wind Industry Poised for Full Commercialization by 2035 - Survey

Feb 22, 2023

The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges…

DOF Subsea to Provide Support for 'Major' SURF Project in Brazil

Feb 22, 2023

DOF Subsea Brasil, a subsidiary of Norwegian offshore support vessel firm DOF, has secured a charter for its ROV support vessel, Geoholm. DOF said that the 85.7-meter-long vessel and its ROV would be used for a 'major' subsea umbilical, riser…

Indonesia Awards Exploration Contracts for Three Oil and Gas Blocks

Feb 22, 2023

Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…

Denmark to Issue Tenders for 9 GW of Offshore Wind in 2023; May Review Suspended Applications

Feb 22, 2023

Denmark will issue public tenders for offshore wind projects this year and may resume reviewing applications that had been suspended over worries of breaching European Union state aid law, the country's energy minister said on Tuesday. The Nordic country…

Leviathan Field Partners Start Plans for Israeli Floating LNG Unit

Feb 21, 2023

Partners in the Leviathan gas field in the eastern Mediterranean have approved nearly $100 million of spending on preparation for expansion that includes a floating liquefied natural gas (LNG) terminal off the coast of Israel, the companies said on Tuesday…

DOF Subsea's Flagship Vessel Wins More Work

Feb 21, 2023

Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025…

PSW Technology Nets 'Sizable' Deepwater BOP Stack Services Contract

Feb 21, 2023

Norwegian offshore services and equipment provider PSW Technology has secured a 'sizable' contract for deep-water BOP stack services.Subsea blowout preventer (BOP) is a system used in offshore oil drilling to prevent well blowouts.Under the deal announced Tuesday…

Romania: Carlyle-backed Black Sea Oil & Gas Says Taxes Hinder Higher Gas Output

Feb 21, 2023

Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group is prevented from increasing gas production at its offshore project due to higher taxes and regulation, its chief executive said on Tuesday. BSOG launched Romania's…

Guyana to Monitor Offshore Drilling Rigs, Potential Oil Spills from Space

Feb 21, 2023

Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications…

Russia Targets Dutch North Sea Infrastructure, MIVD Says

Feb 21, 2023

Russia has in recent months tried to gain intelligence to sabotage critical infrastructure in the Dutch part of the North Sea, Dutch military intelligence agency MIVD said on Monday.A Russian ship has been detected at an offshore wind farm in…

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