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Prysmian Performs Record Deep HVDC Subsea Cable Installation

Jul 08, 2024

Italian cable maker and installation services provider Prysmian has completed sea trial tests for ultra-deep installation of High Voltage Direct Current Mass Impregnated (HVDC MI) subsea cable at water depth of 2,150 meters.This is an industry record breaking installation…

Prosafe’s Safe Caledonia Flotel Set for Check-In at North Sea

Jul 08, 2024

Offshore accommodation rig provider Prosafe has received a letter of intent (LoI) from Ithaca Energy for the charter of its Safe Caledonia offshore accommodation rig for work at the Captain field in the UK sector of the North Sea.As stated in the LoI…

Equinor Starts Production from Kristin South Off Norway

Jul 08, 2024

Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South area in the Norwegian Sea.The partnership submitted the plan for development and operation (PDO)…

Another Technical Issue Impacts Tyra II Commissioning

Jul 08, 2024

TotalEnergies, the operator of the Tyra II project on behalf of consortium partners, has faced another technical issue during the commissioning of Denmark’s largest offshore gas development.TotalEnergies, the operator of the Danish Underground Consortium in charge of Tyra II redevelopment…

MODU Market Shrugs Off Contract Suspensions

Jul 07, 2024

The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.The Gulf region continues to contribute strongly to contract volumes in 2024…

Esgian Week 27 Report: A Lull in Contracting

Jul 07, 2024

Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh…

Golar LNG Signs 20-Year FLNG Deal

Jul 07, 2024

Golar LNG has entered into definitive agreements with Pan American Energy (PAE) for a 20-year deployment of a floating liquefied natural gas (FLNG) vessel in Argentina.The FLNG project will monetize Argentine gas, tapping into the vast resources…

WINDEA CTV Fleet Takes Shape

Jul 05, 2024

With its two latest vessel deliveries, WINDEA CTV has completed its inaugural fleet of Jones Act qualified crew transfer vessels (CTV) to service the growing U.S. offshore wind industry.The four brand-new Incat Crowther-designed hybrid-ready…

ADNOC's Ruwais LNG to Earmark 40% Stake to Shell, Total, BP, and Mitsui

Jul 05, 2024

Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell, TotalEnergies, BP, and Japan's Mitsui, sources told Reuters.The four companies are expected to get…

North Sea Oil Producers Urge Labour's Starmer for Tax Clarity

Jul 05, 2024

North Sea oil and gas producers urged Britain's incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and revenue.Starmer's Labour Party swept to power in a parliamentary election on Thursday…

Elemental Energies Fuels North Sea Expansion with Norway’s Wells Specialist Buy

Jul 05, 2024

Scotland-based wells and subsurface specialist Elemental Energies has acquired Norway-based well management and consultancy company Well Expertise, forming one of the world's largest specialist wells, subsurface and project management companies…

OEG Renewables Names Subsea Chief

Jul 05, 2024

OEG Renewables, offshore wind division of OEG Energy Group, has appointed Rolf de Vries as its subsea director.The OEG Renewables’ subsea division offers a range of specialist in-house subsea capabilities including solutions in diving, ROVs…

TotalEnergies Extends Contract for Shelf Drilling’s Jack-Up Rig

Jul 05, 2024

Offshore drilling firm Shelf Drilling has secured a contract extension from TotalEnergies EP Denmark for its Shelf Drilling Winner jack-up rig.The new contract is for 17 months, and will be in direct continuation of the rig’s current operations in Denmark…

Moray West Exports First Power as it Remains On Track for Full Commissioning

Jul 05, 2024

Moray West offshore wind farm, an 882 MW project currently under construction, has delivered first power from the first series of wind turbines already installed offshore Scotland.The power has been exported to the National Electricity Transmission System (NETS)…

Aramco Denies Media Reports of Potential Offer for Santos

Jul 05, 2024

Saudi Aramco said in an emailed statement on Thursday that media reports saying it was considering an offer for Santos are inaccurate.Bloomberg News on Wednesday reported that Saudi Aramco and Abu Dhabi National Oil Company have been separately considering bids for Australian gas producer Santos…

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