Offshore Engineer Industry News News - page 2


Ponticelli Scoops Major EPC Services Contract with Azule Energy

Jun 20, 2024

Ponticelli Angoil has been awarded an engineering, procurement, and construction (EPC) services contract by oil and gas company Azule Energy for work offshore Angola.Ponticelli’s UK-based consortium, PBS, will provide expert engineering and procurement services support on this three-year contract…

Energean Sells Egypt, Italy and Croatia Portfolio for $945M

Jun 20, 2024

Oil and gas company Energean has entered into a binding agreement for the sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners for an enterprise value of up to $945 million, of which $820 million is firm…

Ørsted Installs First Turbine at Germany’s Largest Offshore Wind Farm

Jun 20, 2024

Ørsted has installed the first 11 MW offshore wind turbine at Borkum Riffgrund 3 project, set to be the largest offshore wind farm in Germany upon completion.Borkum Riffgrund 3’s first wind turbine was installed by the installation vessel Seaway Ventus from Seaway7…

Masdar Sings Multi-Billion Dollar Deal to Acquire Greece’s Terna Energy

Jun 20, 2024

Abu Dhabi Future Energy Company (Masdar) has reached a definitive agreement with GEK TERNA and other shareholders to acquire Greece’s Terna Energy in a $3.44 billion (€3.2 billion) deal, representing one of Europe’s biggest renewable energy transactions in 2024…

Norway Gives Six Companies Carbon Storage Licenses in North Sea

Jun 20, 2024

Norwegian Ministry of Energy has offered four new exploration licenses for CO2 storage on the Norwegian continental shelf to Equinor, Vår Energi, OMV (Norge), Lime Petroleum, Aker BP and PGNIG Upstream Norway.All four offered licenses are in the North Sea…

Aker BP Finds Gas at Ferdinand Nord Prospect in Barents Sea

Jun 20, 2024

Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…

Converted MOPU Starts Self-Powered Ops at Perenco’s Field Offshore Congo

Jun 20, 2024

UK oil and gas company Perenco has brought online the Tchendo 2 mobile offshore production unit (MOPU), bringing energy independence to Likouala, Emeraude and PNGF fields offshore Congo.Tchendo 2 is a former drilling rig successfully converted into a MOPU by Dixstone…

Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Jun 20, 2024

The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has left the shipyard in China and is currently on its way to Brazil, to be deployed at Petrobras’ Jubarte field, located in the Campos Basin…

Mooreast to Quadruple Production Capacity with Seatrium Facility Purchase

Jun 19, 2024

Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector…

Strohm Secures Over $21M Investment to Expand CCUS and Hydrogen Market Presence

Jun 19, 2024

Dutch thermoplastic composite pipe (TCP) technology company Strohm has secured $21.4 million ($20 million) investment from SENCO Hydrogen Capital, aimed at boosting its growth trajectory focused on hydrogen and carbon capture utilization and storage (CCUS) applications…

Inyanga and Verdant Form Partnership to Deliver Morlais Tidal Energy Project

Jun 19, 2024

Inyanga Marine Energy Group and Verdant Morlais (VML) have signed a memorandum of understanding (MoU) to deliver a 4.9 MW tidal stream energy project at Morlais tidal energy zone, off Wales.The project will take place in a berth close to the…

DeepOcean Gets Subsea Services Job at Woodside’s Sangomar Field

Jun 19, 2024

Ocean services provider DeepOcean has secured frame agreements with Woodside Energy's Senegalese subsidiary to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field, offshore Senegal, West Africa.The scope of work includes project management…

Equinor's Wildcat Well Comes Up Dry in Barents Sea Snøras Prospect

Jun 19, 2024

Equinor has drilled a dry wildcat well in the Snøras prospect, located in the Barents Sea, offshore Norway.The well, 7220/2-2, drilled by the Transocean Enabler rig, is located in production license 1080, which was awarded in the Awards in Predefined Area (APA) in 2020…

Wintershall Dea Finds Oil at Cuvette Well Near Vega Field Off Norway

Jun 19, 2024

German oil and gas company Wintershall Dea has made a discovery of gas, condensate and oil in an exploration well next to the Vega field in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The Cuvette discovery was made in production license 248…

Petrobras to Study Potential Offshore Wind Project in Rio

Jun 18, 2024

Brazilian state-run oil company Petrobras has signed an agreement with the Rio de Janeiro state government to study a potential offshore wind power pilot project, the firm said on Tuesday in a securities filing.(Reuters - Reporting by Luana Maria Benedito; Editing by Kylie Madry)

Current News

Simulators Should Reflect Actual System Behavior, Not Perfection – Which Doesn't Exist in the Real World

Simulators Should Reflect Actu

St. Johns Ship Building Delivers Third CTV in 6 Months

St. Johns Ship Building Delive

Africa Oil to Buy Out BTG's 50% Stake in Nigeria Joint Venture

Africa Oil to Buy Out BTG's 50

EU to Place Sanctions on 19 Energy-Related Ships Including LNG Vessels

EU to Place Sanctions on 19 En

Subscribe for OE Digital E‑News

Offshore Engineer Magazine