In June, the Hydrone R started a six-month trial in Saipem’s underwater “play park” near Trieste, northeast Italy. Later in the year, or early next year, its FlatFish design is also expected to enter the water, ahead of deep-water trials in 2021…
Brazilian oil production increased to 2.77 million barrels per day (bpd) on average in July, up 7% from a year earlier, local oil and fuels regulator ANP said on Monday.Natural gas production also increased by 7% in July from the same month last year to 124 million cubic meters…
The Oil & Gas Technology Center, in partnership with industry, will create a new Net Zero Solution Center to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UKCS as the first net zero oil and gas basin globally…
Brazil's state-run oil company, Petroleo Brasileiro SA, announced the binding phase of the sale of its 11 oil fields in shallow waters of the Santos basin and collectively known as Polo Garoupa.Petrobras said in a securities filing that oil fields called Anequim…
Norwegian offshore supply vessel (OSV) operator DOF has been awarded a contract extension for an anchor handling vessel.Norskan, a Brazilian subsidiary of DOF, and Petrobras have signed a 1-year extension for the anchor-handling tug supply (AHTS) vessel Skandi Fluminense…
The Scottish Government announced that it has awarded engineering company Orbital Marine Power GBP3.4mln (USD 4.1million) in funding for its floating tidal turbine, which is the world’s most powerful.The Scottish engineering company is the first…
Ballast water treatment (BWT) specialist Optimarin said that the recovery of the offshore shipping segment is playing a key role in driving its revenues to new heights.The Stavanger, Norway-based business, which has focused exclusively on BWT for the last 25 years…
Mexican state-owned giant Pemex has chartered two jack-up rigs built and currently owned by Chinese yard CIMC Raffles.The two 400ft Jack-Up Drilling Rigs held a naming and departure ceremony at Longkou. The two rigs will soon sail to the gulf…
Sembcorp Marine (SembMarine) said that its unit Sembcorp Marine Offshore Platforms (SMOP) has entered the 'highly competitive' offshore wind project (OWP) sector in Taiwan.SMOP has landed a contract with Jan De Nul to fabricate 15 jacket foundations for the Formosa 2 Offshore Wind Farm…
Airborne Oil & Gas B.V. said it has been awarded a contract from a supermajor through Oceaneering International to supply Thermoplastic Composite Pipe (TCP) flowlines for deployment in West Africa. The manufacturer will provide a 4-kilometer…
Subsea 7 announced it has secured a contract from Total E&P do Brasil for the development of the Lapa North East field located approximately 300 kilometers off the coast of the State of São Paulo, at 2,150 meters water depth in the pre-salt Santos Basin…
Energy firm Equinor has won permission to start its giant North Sea Johan Sverdrup oilfield in the autumn, the Norwegian Petroleum Directorate said on Monday.On Friday the company notified oil market participants that the 2.2-3.2 billion barrel field could begin oil shipments in October…
Seadrill has secured a one-year contract with LLOG for the West Neptune operating in the US Gulf of Mexico, the offshore drilling contractor announced on Monday.Total contract value is expected to be approximately $74 million with commencement in December 2019…
Maersk Drilling has entered a $7.6 million contract with Petrogas North Sea to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea, the Danish drilling contractor said on Monday.The contract is expected to commence in March 2020…
In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed.New Jersey, US, based Ocean Power Technologies (OPT) has been a leading company in this area, working with Italian oil company Eni…
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