Industry News

 

Norway's HAV to Design Service Operation Vessel for U.S. Offshore Wind Project

Jan 18, 2023

CREST has chosen HAV Group ASA’s subsidiary HAV Design to develop a newbuild service operation vessel (SOV) destined for a US offshore wind project.'The contract marks the U.S. breakthrough for HAV Design, which becomes the first European ship designer to develop an SOV for the U…

Fugro Wins Survey Deal for Gas Field Project Offshore Brunei

Jan 18, 2023

Dutch offshore survey firm Fugro said Wednesday it had received a 'sizeable' contract from Petronas Carigali Brunei, for the Kelidang Cluster gas field development project.Under the contract, Fugro will carry out various site characterization…

Indonesia's 2022 Oil, Gas Lifting Below Target, but Investment Rising

Jan 18, 2023

Indonesia's oil and gas lifting last year came in below target due to unplanned shutdowns and maturing blocks, but exploration and production investment is poised to take off, the country's upstream regulator SKK Migas said on Wednesday.Indonesia's crude oil lifting stood at 612…

CHC to Sell Offshore Helicopter Services UK to S. Africa-based Ultimate Aviation

Jan 18, 2023

Offshore transport firm CHC Helicopter Group (CHC), has agreed to sell Offshore Helicopter Services UK (OHS UK) to Ultimate Aviation Group, a South African headquartered international aviation business for an undisclosed fee.CHC is selling OHS…

Equinor Makes Norway's First Offshore Discovery of 2023

Jan 18, 2023

The Norwegian oil and gas company Equinor Energi AS, operator of the production license 1128 offshore Norway, has concluded the drilling of wildcat well 6605/1-2 S and appraisal well 6605/1-2 A and made a gas discovery, the Norwegian Petroleum Directorate said Wednesday…

NTSB Releases Preliminary Report on Offshore Platform Helicopter Crash

Jan 17, 2023

The U.S. National Transportation Safety Board has released a preliminary report on the December 29, 2022, fatal helicopter crash near a Gulf of Mexico oil platform. One pilot and three passengers died in the incident.'On December 29, 2022, about 0834 central standard time…

Archer Could Buy Baker Hughes' Coil Tubing and Pumping Business in the UK

Jan 17, 2023

Archer Limited has signed a term sheet with Baker Hughes to potentially acquire Baker Hughes’ coil tubing and pumping  (“CT&P”) business in the United Kingdom. 'The CT&P business fits well within Archer’s overall strategy to grow our drilling…

Big Oil's Good Times Set to Roll on After Record 2022 Profits

Jan 17, 2023

The West's top energy firms are expected to rake in a combined record profit of $200 billion from a turbulent 2022 marked by huge volatility in oil and gas prices after Russia's invasion of Ukraine with buoyant earnings likely to roll through 2023…

Mainprize Offshore Equips Fleet with Reygar's Vessel Monitoring System

Jan 17, 2023

Mainprize Offshore, an offshore services company, is installing Reygar's BareFLEET vessel monitoring system on seven of its semi-SWATH crew transfer vessels (CTVs) to make its growing fleet more efficient and improve its operational performance…

Chartwell Marine Gets Grant to Develop Methanol-Fuelled Vessel Design

Jan 17, 2023

Vessel designer Chartwell Marine has won of a £320,000 Innovate UK Smart Grant which will enable Chartwell and consortium partners — Boat Electric & Electronics and Engineered Marine Systems — to develop and test the feasibility of 'a market-first' methanol-fuelled vessel design…

Eni's Plentitude, Simply Blue Group to Build Floating Offshore Wind Farms in Italy

Jan 17, 2023

Plenitude, a division of Eni, and Simply Blue Group, an Irish developer of offshore renewable energy, have signed a deal to work together on a pipeline of new floating offshore wind projects in Italy. 'Through this collaboration, the parties…

First Turbines at Parkwind's Baltic Sea Wind Farm Start Generating Power

Jan 17, 2023

The first turbines at Parkwind's Arcadis Ost 1 offshore wind farm in Germany have started electricity production. According to Parkwind, Arcadis Ost 1 has been delivering power to the German grid since January 12, 2023.The 257 MW offshore wind farm is located in the German section of the Baltic Sea…

Lapa South West: Aker Solutions Wins 'Sizeable' Deal with Oil Giant TotalEnergies in Brazil

Jan 17, 2023

Norwegian offshore engineering and construction firm Aker Solutions said Tuesday it had won a 'sizeable' contract with the French oil major TotalEnergies in Brazil.The contract is for the provision of the subsea production system, tools, and…

Abu Dhabi: Technip Energies, Partners Win Hail & Ghasha Gas Project Work

Jan 17, 2023

Technip Energies, leading a joint venture composed of Samsung Engineering and Tecnimont S.p.A. (TST JV), has secured a Pre-Construction Services Agreement (PCSA) related to the onshore facilities for the Hail and Ghasha gas development project in Abu Dhabi…

Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake

Jan 17, 2023

Indonesian state energy firm Pertamina is still discussing its plans to participate in the Abadi liquefied natural gas (LNG) project with the country's upstream oil and gas regulator, officials said on Tuesday. Indonesia has been seeking an…

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