Industry News

 

Cargotec Proceeds with MacGregor Sale as Offshore Wind Dispute Gets Resolved

May 28, 2024

MacGregor has settled the dispute with a monopile installation vessel customer as its parent company Cargotec goes forward with the sale of the business.As announced on April 30, 2024 in Cargotec’s interim report January–March 2024, MacGregor…

COOEC Hires ABL for Safaniya Oil Field Jacket Installation

May 28, 2024

ABL, part of Oslo-listed ABL Group, has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to provide marine warranty survey (MWS) services for the build-out of the CRPO 122 project at the Safaniya oil field in Saudi Arabia…

Petrobras Welcomes Mero Field FPSO in Brazil

May 28, 2024

The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set off to Petrobras’ Mero field in the pre-salt Santos Basin, after arriving to Brazil from MISC Berhad shipyard in China.The Marechal Duque de Caxias can produce up to 180…

Valeura Starts New Drilling Campaign at Nong Yao Offshore Thailand

May 28, 2024

Canada-based oil and gas company Valeura Energy has started development drilling operations at Nong Yao C extension, having completed the infill drilling campaign at Nong Yao A, offshore Thailand.Valeura has drilled two production-oriented horizontal wells at the Nong Yao A wellhead platform…

New Petrobras CEO Says Oil Prospect is of “National Interest”

May 27, 2024

Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of 'national interest.'Magda Chambriard…

Portugal's New Government Committed to Developing Offshore Wind

May 27, 2024

Portugal's new government is committed to developing offshore wind energy and also sees 'repowering' onshore wind farms and promoting solar projects, including small-scale ones, as a priority, the environment minister said on Monday.Maria da…

Petrobras Makes FID to Advance Two Oil Projects Offshore Brazil

May 27, 2024

Petrobras, together with its partners, has made the final investment decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore Brazil.The Atapu field has been producing…

Lamprell Delivers All Transition Pieces for Moray West Offshore Wind Farm

May 27, 2024

Offshore construction firm Lamprell has completed the final delivery of 62 transition pieces for Ocean Winds’ Moray West offshore wind farm.Lamprell, which was in charge of the construction of the transition pieces for the 882 MW offshore wind farm…

BP, EOG Resources in Talks to Jointly Develop Trinidad Gas Field

May 27, 2024

Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said.The field holds just under 1 trillion cubic feet (tcf) of natural gas…

Helix Energy Solutions on Track to Complete Decom Work for Cooper Energy

May 27, 2024

Houston-based offshore services firm Helix Energy Solutions is wrapping up the multi-well decommissioning operation for Cooper Energy on the Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia.According to Cooper Energy…

Brazil's Petrobras Aproves Chambriard as New CEO

May 27, 2024

Brazilian state-run oil firm Petrobras said its board of directors on Friday approved the nomination of Magda Chambriard as the company's new chief executive following the surprise announcement last week.Chambriard, a four-decade industry veteran…

RWE Sanctions Buildout of 1.6 GW North Sea Offshore Wind Farms

May 27, 2024

German energy giant RWE has made the investment decision for its Nordseecluster, involving offshore wind projects with a total capacity of 1.6 GW to be built in North Sea, offshore Germany.The wind farms will be about 50 kilometers north of the island of Juist…

Serica Energy Hires Subsea7 for Belinda Field Pipeline Job

May 27, 2024

Offshore services firm Subsea7 has secured a ‘sizeable’ contract from oil and gas operator Serica Energy for the for the Belinda field development south-east of the Triton FPSO in the UK North Sea.The contract scope includes project management…

OneSubsea Scoops 'Sizeable' Contract for Work at Troll Gas Field in North Sea

May 24, 2024

OneSubsea, a joint venture between SLB, Aker Solutions and Subsea 7, has secured a contract from Equinor for work at Troll gas field in the North Sea.The contract, whose value was not disclosed, is for for Phase 3, Stage 2 of Equinor’s North Sea Troll Project…

North Star Inks Contract with Siemens Gamesa for New East Anglia THREE SOV

May 24, 2024

North Star has secured a contract with Siemens Gamesa to build a hybrid service operations vessel (SOV) bound for long-term charter at the East Anglia THREE offshore wind farm in UK.Cochin Shipyard has been confirmed to build the SOV of VARD 4 19 design for North Star’s growing fleet…

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