Industry News

 

Subsea7 Secures Multi-Million Dollar Job in US Gulf of Mexico

Oct 10, 2024

Offshore services firm Subsea7 has secured a sizeable contract for a subsea tieback development in the U.S. Gulf of Mexico.Subsea7 will be responsible for transporting and installing the flowline, umbilical, and associated subsea components for the tieback…

Schottel’s Swift Anchor Tech Could Cut Floating Wind LCoE for 12%, Study Finds

Oct 09, 2024

Schottel Marine Technologies has released a report highlighting the potential of its Swift Anchor technology, which found it could deliver up to 12% of Levelised Cost of Energy (LCoE) savings for floating wind farms.The study was carried out…

SMD Inks Service Agreements with SEAJET and Global Marine

Oct 09, 2024

Subsea technology and engineering company SMD has signed two new service level agreements (SLAs) with SEAJET, an OEG Renewables company, and Global Marine.Both SEAJET, an all-electric controlled flow excavation (E-CFE) service provider, and Global Marine…

Energy Related Emissions to Peak in 2024 as Energy Transition Marks Progress, DNV Says

Oct 09, 2024

Energy related emissions are at the cusp of a prolonged period of decline for the first time since the industrial revolution and are set to peak in 2024, confirming that the energy transition is progressing on global scale with China at the forefront of decarbonization efforts…

East Timor Eyes Chinese Partners for Stalled Greater Sunrise Gas Development

Oct 09, 2024

East Timor has talked with Chinese firms including state-owned Sinopec about developing the stalled Greater Sunrise gas field, President Jose Ramos-Horta said on Wednesday, after disagreements with Australia over the shared field's future.The field…

Petrodive to Expand Commercial Diving Activities to Asia Pacific Region

Oct 09, 2024

Diving company Petrodive has signed collaboration agreement with subsea services firm Seatech Engineering Maintenance to work together on commercial diving activities in Malaysia’s Sabah state, with the focus on oil and gas developments.To accomplish their objectives…

Nexans Launches CableLoop Cable Recycling and Recovery Service

Oct 09, 2024

French subsea power cable maker and services provider Nexans has launched a cable recycling and recovery service in Europe, aiming to address the growing copper shortage by transforming the waste into recycled raw materials.Nexans is stepping…

ABL to Oversee Installation of Offshore Wind Substations in France

Oct 09, 2024

Energy and marine consultancy ABL has been appointed as marine warranty surveyor to support the marine transportation and installation (T&I) operations relating to the construction of the grid connection system known as Centre Manche 1 and Centre Manche 2…

Industry Partnership to Deliver SOV Tailor-Made for Floating Wind Farms

Oct 09, 2024

North Star has launched a partnership which includes MO4, Principle Power, SMST, Vard, and Voith Group to fast-track the development of high-performance operations and maintenance ships tailored for floating offshore wind farms.The companies…

Tanker Vessels Flock to Guyana as Oil Exports Soar 58%

Oct 09, 2024

“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen…

Shearwater Lands OBN Survey Job for TotalEnergies off Angola

Oct 09, 2024

Marine seismic acquisition firm Shearwater Geoservices has secured a contract from TotalEnergies for an Ocean Bottom Node (OBN) data acquisition campaign offshore Angola.The deepwater OBN survey will be conducted by the dual ROV equipped SW Tasman…

Petrofac to Support Marathon Oil’s Activities in Equatorial Guinea

Oct 09, 2024

Oilfield services provider Petrofac has secured a new master service agreement (MSA) with Marathon Oil to support its key onshore and offshore assets in Equatorial Guinea.Under the agreement Petrofac will provide technical authority and discipline engineering support…

Denmark Postpones Hydrogen Pipeline to Germany

Oct 08, 2024

Denmark will postpone the rollout of a green hydrogen transmission pipeline between western Denmark and northern Germany by three years to 2031 from 2028, the country's energy ministry said on Tuesday.Denmark has worked with transmission system…

Woodside Takes Over and Renames Driftwood LNG Development

Oct 08, 2024

Woodside has completed the acquisition of Tellurian Inc. and its US Gulf Coast Driftwood LNG development opportunity.Woodside has acquired all issued and outstanding Tellurian common stock for approximately $1.00 per share to bring the value of the transaction to approximately $1…

Eni Scales Up LNG Bunkering Activities through Avenir LNG Charter Deal

Oct 08, 2024

Eni has signed a charter agreement for the LNG bunker vessel Avenir Aspiration with Avenir LNG to support an expand in activities in LNG bunkering market.The bunker vessel will supply LNG for cargo and passenger ships, which are increasingly…

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