French oil major TotalEnergies said Thursday it had made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia.TotalEnergies said that its Venus…
U.S.-based seabed survey and ocean exploration firm Ocean Infinity has hired VARD to design and build a new series of six multi-purpose offshore vessels that will all be operated from shore and will eventually run on green ammonia.This order of six…
[ Elaine Maslin reports from the show floor at Subsea Expo in Aberdeen this week for Offshore Engineer and Marine Technology Reporter ]The coronavirus pandemic has helped to accelerate a drive towards the use of remote technologies, but regulations…
The UK regulators have approved decommissioning plans submitted by TAQA Bratani for the removal of the Cormorant Alpha platform topsides in the North Sea.TAQA last year filed plans for the decommissioning of the topsides of the Cormorant Alpha platform…
Nora Ventu, a firm formed by Falck Renewables and BlueFloat Energy to develop floating offshore wind farms off the Sardinian coast, has now launched a consultation to provide local communities with more information on two projects to be developed in the Gulf of Cagliari…
Offshore drilling contractor Transocean expects rig dayrates to keep growing, boosted by high oil prices and growing demand, the company's CEO said Tuesday, as the company posted its fourth-quarter results.Transocean CEO Jeremy Thigpen said: 'As we move into 2022…
Crown Estate Scotland on Tuesday announced the proposed details of its Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process, aimed at building wind farms to be used to power offshore oil and gas installations.'Developers…
The UK’s underwater industry, currently valued at £8 billion with a third of the global market share, has the potential to grow to £45 billion by 2035, creating an estimated 180,000 new jobs and around £20billion or more in exports for the UK…
Saudi Arabia-based oilfield services company TAQA has agreed to acquire the UK-based well completion specialist Tendeka.Tendeka specializes in offering reservoir monitoring and control, advanced lower completions, and production optimization…
3D at Depth, a subsea LiDAR laser technology company said Tuesday it had received a new patent 11.249.193, 'Systems and Methods for Monitoring Underwater Structures,' from the U.S Patent and Trademark Office. The patent's claims focus predominantly…
Hydroacoustic technology specialist Subsea Europe Services said Wednesday it had secured six-figure funding to accelerate autonomous survey development.'The investment boosts the company’s unique approach which focuses on the integration of new generation smart…
The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey.It will be the first offshore wind lease sale under the administration of President Joe Biden…
UK-based Manor Marine UK Ltd has secured a contract with Mainprize Offshore to build a second offshore wind farm service vessel, following the win of the building contract for the MO8 in 2021. The second vessel to be built at the site in Portland…
Belgian electricity transmission system operator is looking to expand its international offshore activities and has for this purpose established a new subsidiary WindGrid.'Through WindGrid, Elia Group is ready to meet offshore development needs…
Offshore drillship contractor Seadrill on Wednesday announced its emergence from Chapter 11 bankruptcy after successfully completing its reorganization.The Plan was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on October 26…
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