Latest News - page 68

 

INPEX Awards Saipem FEED Contract for Indonesian FPSO

Aug 12, 2025

Saipem has been awarded a FEED contract for the FPSO module of the Abadi LNG project, located in the Masela Block, Indonesia.The contract was granted following a technical and commercial pre-selection process. It now enters a competitive dual FEED phase…

German CCS Bill Positive News for Norway

Aug 11, 2025

The German government has adopted a new bill amending its Carbon Dioxide Storage Act to lay the legal groundwork for the use of carbon capture and storage (CCS), carbon capture and utilization (CCU) and cross-border transport of CO2.The draft law enables the transport…

Orsted Shares Plunge as it Seeks $9.4B to U.S. Wind Power Project

Aug 11, 2025

Shares in Orsted  plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.S. President Donald Trump's hostility to wind power.The 60 billion crowns ($9…

New Robotic Solution for FPSO Tank Cleaning

Aug 11, 2025

Ambipar and SBM Offshore announced a solution for cleaning cargo oil tanks on (FPSOs), a solution that importantly is geared to completely remove humans from entering tanks during cleaning activities.“This robotic solution marks a turning point for the offshore industry…

Full Remote Five-Plug Cenenting Ops in Saudi Arabia

Aug 11, 2025

Expro delivered what is said to be the world’s first fully remote five-plug cementing operation in the Kingdom of Saudi Arabia.The milestone operation, executed using Expro’s Generation-X Remote Plug Launcher (RPL) and proprietary SkyHook cement-line make-up device…

Vår Energi’s Digital Evolution Embodied on Jotun FPSO

Aug 11, 2025

The new deployment marks a new chapter in offshore operations, where full wireless coverage lays the foundation for real-time data processing, seamless sensor integration and smarter, safer platforms. The Jotun FPSO at the Balder Field on the…

Vantage Drilling Completes Sale of the Tungsten Explorer

Aug 11, 2025

Vantage Drilling International completed the sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by the Ccompany and 75% by TotalEnergies. In line with previous announcements Vantage will continue to manage…

Brage, YME Field Production Updates

Aug 11, 2025

Lime Petroleum AS  announced that for the full month of July 2025, production at the Brage and Yme Fields combined, net to LPA, was 11,941 barrels of oil equivalent per day (boepd).Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field…

Russia's Arctic LNG 2 Continue Loadings with Sanctioned Tankers

Aug 11, 2025

An LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed.The Christophe De Margerie tanker arrived unloaded at Arctic LNG 2 on August 9…

Ørsted Delivers Strong H1 Results

Aug 11, 2025

Ørsted’s Board of Directors has approved the interim report for the first half of 2025, with Rasmus Errboe, Group President and CEO, saying he is satisfied with the company’s strong operational performance which saw earnings of DKK 13.9 billion ($2…

Johan Castberg Pivotal to Future Development of Barents Sea

Aug 10, 2025

The Johan Castberg field is important to the further development of the Barents Sea, says the Norwegian Petroleum Directorate, as it will be producing oil for many years to come, and new discoveries can be incorporated.The Johan Castberg oil field came on stream in March…

Synera and Dong Fang Offshore Sign 15-Year Offshore Wind SOV Deal

Aug 08, 2025

Asia-Pacific region offshore wind developer Synera Renewable Energy (SRE) has awarded a 15-year service contract to Dong Fang Offshore (DFO) for the provision of a service operations vessel (SOV) to support the operations and maintenance (O&M) of SRE’s offshore wind assets…

Teledyne’s Division Launches eXtreamer for Marine Seismic Surveys

Aug 08, 2025

Teledyne Geophysical Instruments, a division of Teledyne Marine, has introduced eXtreamer, a small form factor streamer engineered for high-resolution marine seismic surveys.Developed in collaboration with Geometrics, eXtreamer provides a flexible…

Shelf Drilling Nets First Dutch North Sea Job with Tenaz Energy

Aug 08, 2025

Offshore drilling contractor Shelf Drilling, through its subsidiary Shelf Drilling (North Sea) (SDNS), has secured a contract for the Shelf Drilling Winner jack-up rig with Tenaz Energy for operations in the Dutch North Sea.The firm term of the contract is one year…

Equinor Officially Opens Norway’s Northernmost Oil Field

Aug 08, 2025

Equinor’s Johan Castberg field, Norway's northernmost oil field in Barents Sea that came on stream earlier in 2025, was officially opened by the country’s top officials.Johan Castberg field will produce for at least 30 years, delivering 220…

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