Oil and gas is achieving next-generation results in design, operation and forecasting by integrating digitalization both within companies and across industry.True, cutting-edge digital transformation of the oil and gas industry requires widespread integration of the technology and regular…
Brazil has always pushed the boundaries of deepwater exploration and production – and it’s still doing so today. With some of the world’s largest deepwater reservoirs, that are often complex in themselves, it’s had to come up with new solutions…
A magnitude 4.5 earthquake that rattled the Permian basin in Texas on Monday night is likely to add pressure on oil producers in the region to slow or stop underground wastewater injections that regulators believe may cause the tremors.The quake…
In a recent interview with Maritime Reporter TV, Robert Galinski, DNV’s Offshore Wind Director, Americas, discussed the lingering question of whether existing vessels built to serve the traditional offshore oil and gas fleet could serve a significant role in the build out of the U…
TDI-Brooks said it completed a Geotechnical Site Investigation for Beacon Exploration & Production LLC in the deepwater Gulf of Mexico. The project consisted of ‘heavy’ geotechnical coring/cone penetration testing (CPT) with TDI-Brooks’ research vessel…
Shelf Drilling announced it has secured contract extensions for a pair of jack-up drilling rigs with Chevron Thailand Exploration and Production, Ltd. for operations in the Gulf of Thailand.The extensions for the Shelf Drilling Chaophraya and…
The offshore transformer station of the Hollandse Kust (zuid) Alpha platform is successfully installed on the jacket in the North Sea, about 20 kilometers off the coast of The Hague, on Sunday. The transformer station is one of the two topsides of the Hollandse Kust (zuid) offshore grid…
Norwegian offshore vessel owner Havila Shipping this week announced it has been awarded two separate platform supply vessel (PSV) charter contracts.On Monday, the company said it entered into a contract with Harbour Energy for the 2010-built…
Norwegian offshore wind services company Edda Wind said it has entered into a long-term contract with Siemens Gamesa Renewable Energy for one of its newbuild service operation vessels (SOV).The contract will commence mid-2023, and Edda Wind…
From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. Over the past year, expectations…
As an industry central to global energy supply, many consumers may believe that the oil and gas sector is relatively resistant to fluctuation. However, amid the myriad pressures felt throughout the global economy over the past year and a half…
Using digital transformation to mitigate risks and increase performance of offshore rigsFloating production storage and offload vessels (FPSOs) are among the largest investment trade-offs an oil and gas producer will make. On the one hand, these…
Oil prices extended gains on Tuesday with prices trading near the previous day's one-month high on hopes that the Omicron coronavirus variant will have a limited impact on fuel demand.Brent crude rose 7 cents, or 0.1%, to $78.67 a barrel, by 0728 GMT…
A South African high court today blocked Shell from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for oil and gas.On Dec. 3 a different…
The U.S. has big plans for its offshore wind industry, and shipbuilders like Blount Boats and others are ramping up to capitalize on the unprecedented opportunity.Earlier this year, the Biden Administration unveiled its goal to have 30 gigawatts…
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