Offshore Engineer Industry News News - page 7

 

MODEC Gets FEED Job for Shell’s Gato do Mato FPSO

Apr 01, 2024

MODEC has secured the Front-End Engineering and Design (FEED) contract for a floating production storage and offloading (FPSO) system for Shell’s Gato do Mato development, offshore Brazil.Gato do Mato FPSO will be moored at a water depth of approximately 2…

Chuditch-2 Appraisal Well Surveys in Full Swing Offshore Timor-Leste

Mar 29, 2024

SundaGas Banda Unipessoal, a subsidiary of UK-based oil and gas company Baron Oil, has completed geophysical site surveys at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste, and is planning to start a new one next month…

Baron Oil Surrenders License in Once Promising North Sea Block

Mar 29, 2024

UK oil and gas company Baron Oil has decided to surrender the UK license P2478 to North Sea Transition Authority (NSTA) following delays with the acquisition of 3D seismic data for the block, located in the Inner Moray Firth area of the North Sea…

Netherlands Receives Multiple Bids in 4GW Offshore Wind Tender

Mar 29, 2024

The Dutch government on Thursday said it had received multiple bids in a tender to build an offshore wind farm in the Dutch part of the North Sea with a total capacity of 4 GW.The government said it expected to announce the winning bid in June…

Welsh Port Steps Closer to Becoming Floating Wind Hub

Mar 29, 2024

A project to transform the Port Talbot into a major hub for floating offshore wind (FLOW) and green energy development has come one step closer to securing a share of up to $200 million (£160 million) of UK Government funding.The UK Government…

Baker Hughes: US Drillers Cut Oil and Gas Rigs for Second Week In A Row

Mar 29, 2024

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.The oil and gas rig count…

Seaway7 Gets Baltica 2 Offshore Wind Job

Mar 29, 2024

Subsea7's renewables-focused offshore installation subsidiary Seaway7 has secured a ‘sizeable contract’ by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 offshore wind farm in Poland…

First Gas Export to Denmark from Tyra II Expected Today

Mar 28, 2024

TotalEnergies has informed that the restart of production from the Tyra facilities is progressing according to plan, with the first gas expected to be exported to the Danish market from the new Tyra II system on March 28, 2024.TotalEnergies…

Vattenfall to Take Part in IJmuiden Ver Offshore Wind Tender in Netherlands

Mar 28, 2024

Vattenfall has decided to enter a bid for the sites, Alpha and Beta, of the Dutch IJmuiden Ver offshore wind tender.IJmuiden Ver consists of two sites, each with a 2 GW capacity. Plans for site Alpha focus on biodiversity criteria, while Beta is focused on system integration…

Beach Energy to Let Go 30% of Workforce Amid Strategic Review

Mar 28, 2024

Australian oil and gas company Beach Energy has set out plans to lay off 30% of workforce across its business as part of a comprehensive strategic review which aims to deliver increasing returns to shareholders and increase efficiency.The first…

Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services

Mar 28, 2024

Ocean Infinity signed a global framework agreement (GFA) with Shell to provide its robotic fleet for servicing the offshore energy sector.The GFA marks a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services…

EnQuest Trims Loss and Announces $15M Share Buyback

Mar 28, 2024

British North Sea-focused oil producer EnQuest narrowed its annual loss to $30.8 million last year, down from a $41.2 million loss in 2022, it said on Thursday.The company also announced its first shareholder return in the form of a $15 million share buyback this year…

Petrofac Gets Contract Extension with ONEgas in UK

Mar 28, 2024

Oilfield services firm Petrofac has secured a contract extension with ONEgas West, a joint venture operated by Shell and Nederlandse Aardolie Maatschappij (NAM).The two-year brownfield Engineering, Procurement and Construction (EPC) contract award extends the previous three-year contract…

Equinor Sets Up Union Partnership for New York’s First Offshore Wind Hub

Mar 28, 2024

Empire Wind and the Building & Construction Trades Council of Greater New York and Vicinity (BCTC) have signed a Project Labor Agreement (PLA) for the construction of the South Brooklyn Marine Terminal (SBMT).The revitalized SBMT will play a…

SLB to Acquire Majority Ownership in Aker Carbon Capture

Mar 27, 2024

SLB has agreed to combine its carbon capture business with Aker Carbon Capture (ACC).The combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology developments and industrialization capability. SLB says…

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