Industry News

 

CRP Subsea to Supply Well Equipment for Shell’s Whale Development

Apr 30, 2025

CRP Subsea, an AIS company, has secured a contract with Shell for the supply of crushable foam wrap (CFW) for the Whale deepwater development in the Gulf of America.The initial order is for one well-set, with additional orders for four more well-sets expected throughout 2025…

INEOS, Covestro Agree Eight-Year LNG Gas Supply

Apr 30, 2025

INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027.The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness…

TMC Books Compressors Orders for FPSO and LNG Vessels

Apr 30, 2025

TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit.As part of the first order, Hanwha Ocean picked…

BP Hires SBM Offshore to Install Kaskida FPU in Gulf of America

Apr 30, 2025

SBM Offshore has signed a contract with BP for the wet tow and installation of the Kaskida semi-submersible Floating Production Unit (FPU) in the Gulf of America.The Kaskida field is a greenfield development located approximately 250 miles southwest of New Orleans…

UK Firm to Deliver T&S Infrastructure for Liverpool Bay CCS Project

Apr 30, 2025

United Living Energy, a subsidiary of U.K. critical infrastructure provider United Living Group, has been selected as one of the primary contractors to deliver CO2 transportation and storage (T&S) infrastructure for Eni’s Liverpool Bay carbon capture and storage (CCS) project…

Rosetti Marino Bags $400M Contract for Work on Eni’s UK CCS Scheme

Apr 30, 2025

Italian contractor Rosetti Marino has secured an offshore engineering, procurement and construction (EPC) contract in the North Sea, valued at over $400 million, for the Liverpool Bay carbon capture and storage (CCS) project.The project has…

Solstad Offshore Secures Petrobras Contracts for Three Vessels

Apr 30, 2025

Norwegian offshore vessel operator Solstad Offshore has secured multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV).The AHTS vessels…

Subsea7, SLB OneSubsea Get BP’s Job Offshore Trinidad and Tobago

Apr 30, 2025

Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago.For the Ginger EPCI project…

Equinor Mulls Legal Action Against Trump’s Offshore Wind Project Block

Apr 30, 2025

Equinor on Wednesday said it believes the decision of U.S. President Donald Trump's administration to halt the construction of a multi-billion dollar offshore wind power project is unlawful and that the group may take legal action.In a blow to the nascent U…

Woodside and BP Sign Gas Supply Deal for Louisiana LNG

Apr 30, 2025

Woodside has signed an agreement with BP for the supply natural gas to the Louisiana LNG project.The agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s…

Guyana to Make Companies Liable for Oil Spill Damages

Apr 29, 2025

Guyana's government has submitted an oil pollution bill to the Parliament proposing to make responsible parties liable for damages caused by oil spills, including from vessels, according to a copy of the act published in the Official Gazette…

BOEM Seeks Public Comment for Eleventh National Outer Continental Shelf Oil and Gas Leasing Program

Apr 29, 2025

On April 18, 2025, the Department of the Interior announced that the Bureau of Ocean Energy Management (BOEM) would soon initiate the first step in an engagement process to develop the 11th National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program)…

Phoenix Welcomes New Project Manager for AUV Division

Apr 29, 2025

Phoenix International Holdings, Inc. announced that Scott Hansen has joined the company as Project Manager (PM) for the Autonomous Underwater Vehicle (AUV) Division.Scott brings to Phoenix 20 years of experience in Marine Engineering and Remotely Operated Vehicles (ROVs)…

Nexans to Deliver Subsea Cables for Second Malta-Sicily Interconnector

Apr 29, 2025

Nexans has secured a contract by Interconnect Malta (ICM) to deliver high-voltage subsea cable for Malta’s second interconnector.The new high-voltage alternating current (HVAC) link will reinforce Malta’s electricity system, ensuring a stable and resilient energy supply…

CNOOC Posts 7.9% Profit Fall Despite Output Growth

Apr 29, 2025

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36.56 billion yuan ($5.03 billion), versus 39.7 billion yuan in the same period last year…

Current News

Eni Finalizes CCS Partnership with Blackrock-Backed GIP

Eni Finalizes CCS Partnership

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

DOF Bags Multiple Vessel Deals

Ithaca Extends Stay of Prosafe’s Safe Caledonia Flotel in Norh Sea

Ithaca Extends Stay of Prosafe

New Chief Takes Reins at Dolphin Drilling

New Chief Takes Reins at Dolph

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