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Prelude FLNG to Stay Shut in 1Q 2022

Feb 04, 2022

Oil major Shell expects its Prelude FLNG unit in Australia, the world's largest unit of the type, will remain shut for most of the first quarter of 2022.The world's largest FLNG facility had in January 2021 resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip…

Offshore Wind Farms Could Help Capture Carbon from Air and Store It Long-term

Feb 04, 2022

Off the Massachusetts and New York coasts, developers are preparing to build the United States’ first federally approved utility-scale offshore wind farms – 74 turbines in all that could power 470,000 homes. More than a dozen other offshore…

Oceanteam's Client Returns 4000-tonne Carousel One Year Early

Feb 04, 2022

Oslo-listed offshore cable solutions provider Oceanteam said Friday that a client had returned one of its 4000-tonne carousels a year earlier than originally agreed.'In February 2020, Oceanteam entered into a three-year agreement for rental of one of its 4000-tonne carousels…

Oil Hits Seven-year High

Feb 04, 2022

Oil prices surged to seven-year highs on Friday, extending their rally into a seventh week on ongoing worries about supply disruptions fueled by frigid U.S. weather and ongoing political turmoil among major world producers.Brent crude rose $2…

Saipem Names Eni's Puliti General Manager

Feb 04, 2022

Italian energy services firm Saipem, which on Monday issued a profit warning that sent its shares down to historic lows, on Friday appointed Eni's Alessandro Puliti as General Manager of the company.Born in Florence in 1963, Puliti has served…

Shearwater GeoServices, ConocoPhillips 'Reveal' Tech Collab

Feb 04, 2022

Offshore seismic surveyor Shearwater GeoServices has signed a technology sale and transfer deal with the oil firm ConocoPhillips, involving seismic imaging technology that will be implemented in Shearwater's Reveal software.According to Shearwater…

NOV's GustoMSC to Design and Equip Eneti's Second WTIV

Feb 04, 2022

NOV's GustoMSC subsidiary has secured a contract for the equipment and design of a GustoMSC NG-16000X wind turbine installation jack-up vessel for Eneti.Eneti is a new offshore wind player born out of a pivot into offshore renewables by what used to be a bulk carrier specialist Scorpio Bulkers…

DOF Subsea Bags Three-year MPSV Charter with Exxon in Australia

Feb 04, 2022

ExxonMobil has awarded a long-term contract to offshore vessel owner DOF Subsea for the provisions of multi-purpose supply vessel services in Australia.The contract is for three years firm plus two one-year extension options. Under the contract…

Shell's Partners Confirm Oil Discovery at Graff-1 Well Offshore Namibia

Feb 04, 2022

Following recent reports that Shell has made an oil discovery offshore Namibia, the confirmation came Friday from its partners QatarEnergy and NAMCOR.QatarEnergy, which used to be called Qatar Petroleum, has confirmed that oil was found in a deepwater exploration well drilled in the Orange Basin…

Rystad on Nigerian FPSO Explosion: 'No Impact on Oil Price. Environmental Implications Still Hard to Quantify'

Feb 04, 2022

The Trinity Spirit FPSO, operated by Nigeria's SEPCOL, exploded Wednesday and started burning, and, according to videos shared on social media, sinking. However, according to Rystad Energy, the incident is not expected to have an impact on Nigerian…

UK's Oil and Gas Authority to Start Search for New CEO

Feb 04, 2022

UK oil and gas industry regulator Oil and Gas Authority is set to start a search for a new CEO, as the current CEO Andy Samuel is expected to step down in December 2022.OGA said: 'As has been long agreed Andy Samuel will be stepping down as…

Shell Taps OCTIO for Geophysical Monitoring at Ormen Lange Field

Feb 04, 2022

OCTIO, as of recently a subsidiary of Reach Subsea, has secured a multi-year geophysical monitoring contract with Shell in Norway for the Ormen Lange offshore field. “OCTIO welcomes the opportunity to continue to support A/S Norske Shell at Ormen Lange…

Meridian Capital Rejects 'Wholly inadequate' Samuel Terry's Bid for FAR Ltd.

Feb 04, 2022

Meridian Capital International Fund, a 19.28% shareholder of Africa-focused oil explorer FAR Limited, has rejected the takeover bid for Far launched earlier this week by Samuel Terry Asset Management.Earlier this week, Samuel Terry Asset Management…

Solstad Offshore Bags $45,8M Worth of Deals for CSV Quartet

Feb 04, 2022

Norwegian offshore vessel operator Solstad Offshore has secured several contracts for its construction support vessels.The contracts, for deployment in the North Sea, Brazil and West Africa, will have a combined total length of 640 days, with additional extension options available upon expiration…

Santos Set to Spud Pavo-1 Well Offshore Australia

Feb 04, 2022

Australian oil and gas company Carnarvon Energy said Friday that the Noble Tom Prosser jack-up drilling rig was on its way to the Pavo-1 well location, offshore W. Australia.Santos is the operator of the project, and Carnarvon is a partner with a 30% interest…

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

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Wood Nets Long-Term Maintenanc

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

TechnipFMC to Supply Subsea Sy

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