Industry News

 

Siem Offshore Loses Late Vessel Delivery Court Case Against Petrobras

Mar 14, 2022

Norwegian offshore support vessel owner Siem Offshore said Monday a Brazilian court had ruled in favor of Petrobras in a case related to a late vessel delivery in 2015.'Siem Offshore do Brasil has been notified of the final unfavorable decision…

UK PM Johnson Meets with UK Offshore Oil and Gas Industry Leaders

Mar 14, 2022

UK Prime Minister Boris Johnson hosted a meeting with leaders of the UK offshore oil and gas industry on Monday to discuss energy security and investment in the North Sea, his spokesman said.'We've been clear that the energy firms, these suppliers…

Empyrean Gets Rig Slot on NH9 Semi-sub to Drill 'World-class' Jade Prospect

Mar 14, 2022

Empyrean said Friday it had secured a rig slot for the use of the COSL NH9 semi-submersible drilling for the drilling of Empyrean's Jade offshore well offshore China. Empyrean has described the Jade prospect  as 'one of the most exciting wells to be drilled globally in 2022…

ABS Withdraws Class Services for Russian Vessels

Mar 14, 2022

The America Bureau of Shipping (ABS), one of the world's largest ship classification societies, is withdrawing all class services involving Russian vessels, assets and companies, over the Russian invasion of Ukraine.'After careful consideration…

Golden Energy Offshore Bags Term Deal for Warm-stacked PSV

Mar 14, 2022

Norwegian offshore vessel operator Golden Energy Offshore Services has secured a term contract for the Energy Scout platform supply vessel.According to the company, the reactivation process has started as the vessel has been in warm lay-up for 16 months…

First Gas Flows from IOG's Saturn Banks Project in UK North Sea

Mar 14, 2022

UK North Sea-focused oil and gas company IOG said Monday that first gas has started flowing from Phase 1 of its Saturn Banks Project, with the start-up of production from the Blythe field on Sunday. Phase 1 covers the production from Blythe…

Aker Offshore Wind and Mainstream Buy Into 800MW Floating Wind Project in Japan

Mar 14, 2022

Aker Offshore Wind and Mainstream Renewable Power have closed the transaction which will see them take an initial 50 percent ownership stake in Progression Energy's 800 MW floating offshore wind project in Japan.The news comes after the two…

OX2 Applies to Build Aurora Wind Farm Offshore Sweden

Mar 11, 2022

Swedish company OX2 has applied for a Natura 2000 permit for an offshore wind farm in the Swedish Exclusive Economic Zone between the islands of Gotland and Öland.The name of the wind farm is Aurora. The wind farm is expected to be located 20…

Havfram Exercises Final Extension Option for Normand Vision CSV

Mar 11, 2022

Norwegian offshore installation services firm Havfram has extended the contract for Solstad Offshore's construction support vessel Normand Vision.Skudeneshavn, Norway-based Solstad Offshore said Friday that Havfram, formerly known as Ocean Installer…

Petronas Carigali Awards Offshore Drilling Contract to Velesto

Mar 11, 2022

Malaysian oil and gas company Petronas Carigali, a subsidiary of Petronas, has awarded a two-year contract to Velesto Energy's subsidiary Velesto Drilling for the provision of jack-up drilling rigs.The contract, which covers a suite of Velesto's NAGA jack-up rigs…

OKEA Extends Offshore Maintenance and Modifications Services Deal with Aker Solutions Until 2028

Mar 11, 2022

Norwegian oil and gas company OKEA has awarded Aker Solutions a seven-year extension to their existing maintenance and modifications frame agreement, covering work on all installations offshore Norway operated by OKEA.Aker Solutions said that the contract was a substantial one…

Offshore Wind Industry Coming to Australian Waters

Mar 11, 2022

Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…

Equinor Drills Dry Well Near Snorre Field Offshore Norway

Mar 11, 2022

Norwegian oil company Equinor Energy AS, the operator of production licence 057 (part of the Snorre Unit), has completed the drilling of wildcat well 34/4-18 S and the well is dry.The well was drilled about 7 kilometers north-west of the Snorre…

Frontera to Lend $35M to CGX for Guyana Drilling

Mar 11, 2022

Guyana-focused oil companies Frontera Energy Corporation and CGX Energy, joint venture partners in the Corentyne block offshore Guyana, said Friday they'd entered into a $35 million loan deal that will enable CGX to continue to finance part of its share of costs related to the Corentyne Block…

Norway's Equinor Halts Trading Russian Oil - CEO Opedal Says

Mar 11, 2022

Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executive Anders Opedal said on Thursday.A growing energy crisis from buyers steering clear…

Current News

2025: Fascinated with Subsea Discovery

2025: Fascinated with Subsea D

Petrobras strike-hit P-40 Platform shut down after gas leak: union

Petrobras strike-hit P-40 Plat

Aker BP Extends Scarabeo 8 Contract for Offshore Drilling in Norway into 2028

Aker BP Extends Scarabeo 8 Con

Poland Allocates 3.4 GW Capacity in Offshore Wind Auction

Poland Allocates 3.4 GW Capaci

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine