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Proserv's Cable Monitoring System for Dogger Bank Inter-array Cables

Feb 15, 2022

Offshore installation contractor DEME Offshore has awarded Proserv Controls a contract for the provision of the inter-array cable monitoring system, or CMS, for the first two phases, A and B, of the Dogger Bank offshore wind farm in the UK.Proserv…

Marlink Signs with OneWeb

Feb 14, 2022

Low Earth orbit (LEO) satellite communications company OneWeb and smart network solutions provider Marlink have joined forces to bring OneWeb’s high-speed, low latency connectivity to the maritime, energy, enterprise and humanitarian sectors…

How AUVS Can Spot Oil Plumes After an Ocean Spill

Feb 14, 2022

On April 20, 2010, the offshore oil rig Deepwater Horizon exploded, burned, sank in the Gulf of Mexico and terrified the world. This horrific accident — recorded as the largest oil spill in history — killed 11 workers and released 210 million gallons of crude oil into the ocean…

Baker Hughes Expands in Guyana

Feb 14, 2022

Energy technology company Baker Hughes announced it has opened a new 'supercenter' facility for oilfield services and equipment in Guyana. The facility, which spans more than 8 acres, will support regional customers and bolster Baker Hughes’ localization efforts within South America…

Orion to Fund Construction of American Offshore Services' CTV Fleet

Feb 14, 2022

American Offshore Services, a crew transfer vessel owner/operator has entered a strategic partnership with Orion Infrastructure Capital to build 'state-of-the-art CTVs designed to transport technicians and materials in varied offshore conditions…

Floating “Power Island” - Twenty20 Energy Systems' IPO Planned for 2Q

Feb 14, 2022

Asia Pacific Energy Ventures said Monday it would carve out subsidiary Twenty20 Energy Systems with plans to take it public on the Nasdaq in the second quarter of 2022.Based in Singapore, Twenty20 Energy was formed in 2014 as a subsidiary of APEV…

Report: European Banks Fund Oil and Gas Expansion Despite IEA Warning

Feb 14, 2022

European banks are providing billions of dollars of funding to expand oil and gas production, a report on Monday showed, despite International Energy Agency guidance against new facilities in order to slow global warming.Last year, 25 of the…

BP Sticking with Its Russian Oil and Gas business, CEO Looney Says

Feb 14, 2022

BP is sticking with its Russian oil and gas business, which has so far been unaffected by simmering tensions between Russia and the West, Chief Executive Bernard Looney said on Monday.BP is the largest foreign investor in Russia with a 19.75% stake in the country's national oil company Rosneft…

Guyana: CGX, Frontera Go All-in on Corentyne Block. Won't Drill at Demerara in 2022

Feb 14, 2022

CGX Energy and Frontera said Monday they'd focus on their Corentyne block in Guyana in 2022 fully, and not engage in drilling activities on the Demerara block at all.The partners said their decision was based on the positive results from the Kawa-1 offshore well…

Bilfinger's North Sea Deal with TotalEnergies Creates 300 Fixed-term Jobs

Feb 14, 2022

UK-based offshore engineering and maintenance contractor Bilfinger UK has secured a major contract with TotalEnergies that will create 300 fixed-term positions.The contract is for the delivery of fabric maintenance campaign services on TotalEnergies’…

Gazprom Neft Wraps Six-vessel Shallow Water Seismic Survey in Kara Sea

Feb 14, 2022

Russian oil firm Gazprom Neft has recently completed a seismic data acquisition project at the Yuzhno-Obsky license block, located in the waters of the Gulf of Ob in the Kara Sea.The objective of the six-vessel survey campaign was to clarify the structure of promising underlying geological features…

Transocean's Quarterly Rig Report: $87.7M Worth of Drilling Deals Secured

Feb 14, 2022

Deepwater drilling specialist Transocean said Monday it had secured around $87.7 million in offshore drilling contracts since its last quarterly rig fleet report.In its report, Transocean said it had won contracts for five offshore drilling rigs…

Equinor Extends Agreements with Aker, Aibel, Apply, and Wood

Feb 14, 2022

Equinor, on behalf of its partners, last Friday exercised options valued at around NOK 11,5 billion ($1,28 billion) for framework agreements for maintenance and modification services for all onshore and offshore installations.'The cooperation with Aibel AS…

Exxon Taps Uzma for Electric Wireline Logging Services in Malaysia

Feb 14, 2022

Malaysian oilfield services firm Uzma has received a Letter of Award from ExxonMobil Exploration and Production Malaysia Inc. for the provision of non-rig assisted electric wireline logging equipment and services.The contract is for the provision…

Brazil Has Oil. Exxon Can't Seem to Find It

Feb 14, 2022

Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future.But five years into its comeback, the U.S. oil giant has yet to make a major oil discovery as an operator…

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