The market for floating production systems is booming, according to World Energy Reports' (WER) latest assessment of activity and developments in the offshore oil and gas market.“Business conditions and market sentiment in the deepwater sector have seldom been so positive…
Equinor and Vår Energi have agreed to join Malaysian operator Petronas in the support of Norwegian company FASTsubsea, as part of a Joint Industry Program to qualify and test what has been described as 'a low-cost, topside-less subsea Multiphase pump…
Floating wind turbine technology developer Odfjell Oceanwind said Monday it had received a confirmation from DNV that the main scantling approval of its Deepsea Semi floating wind foundation design is close to completion.'Main scantling approval…
Rhode Island-based offshore wind farm crew transfer vessel company Atlantic Wind Transfers has ordered six crew transfer vessels to be built at St. Johns Ship Building in Palatka, Fla. The first two vessels, of the Chartwell Ambitious-class design…
Kongsberg Maritime has launched EcoAdvisor, an intelligent and dynamic decision support system for optimizing a range of offshore vessel operations. 'EcoAdvisor is an outcome of a joint ‘Intelligent Efficiency’ research project between Kongsberg Maritime…
Norwegian company Green Energy Group has completed the sale of its Petrel Explorer seismic survey vessel.The company, which last year rebranded to Green Energy Group from Seabird Exploration to reflect a strategic shift in business towards green energy transition…
Helix Energy Solutions Group has acquired from MP Gulf of Mexico, LLC (“MP GOM”), a joint venture controlled by Murphy Exploration & Production Company – USA, all of MP GOM’s 62.5% interest in Mississippi Canyon Block 734, comprised of three wells and related subsea infrastructure…
Equinor and Wintershall Dea will jointly develop carbon capture and storage projects, the oil firms said on Tuesday, with ideas to build a pipeline from Germany to Norway to transport and store carbon dioxide (CO2) under the North Sea.The firms…
Oil and gas company Neptune Energy has signed a Memorandum of Understanding (MoU) with the Norwegian low-carbon tech firm Horisont Energi to develop the Errai Carbon Capture and Storage (CCS) project in Norway.According to Neptune Energy, Errai could store 4-8 million tonnes of CO2 annually…
Oilfield services giant Baker Hughes said Tuesday it had launched its new fast all-electric tiebacks solution.The company said the solution was 'driving cost efficiencies through optimized architecture and reduced topside footprint, and delivering environmental benefits for subsea operations…
Geospace Technologies on Monday today announced the release of a new seismic acquisition product named Mariner.The company said Mariner was a continuous, cable-free, four-channel autonomous, shallow water ocean bottom recorder.'Mariner is the…
U.S. engineering firm Schlumberger and Norway's Aker Solutions plan to merge their subsea oil and gas construction business and to bring in a third rival, Oslo-listed Subsea 7, as a partner, the firms said on Tuesday.Aker Solutions will receive…
Woodside Energy Group is in talks with 'high quality' companies looking to buy a stake in its $5.7 billion Scarborough gas project, but won't sell unless it gets the right price, Chief Executive Meg O'Neill said on Tuesday.The company has been…
Helix Robotics Solutions, the U.S. robotics division of Helix Energy Solutions Group, has extended the charter for Bordelon Marine's DP2 Jones Act-compliant Ultra-Light Intervention Vessel (ULIV) M/V Shelia Bordelon through June 2024.Helix currently…
Seismic data companies CGG, PGS, and TGS, which last year launched Versal, a unified seismic data ecosystem giving access to 'three of the world’s largest multi-client libraries via a single log-in,' said Monday that Schlumberger had become a part of Versal…
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