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Short-term Charter Extension for Yinson's FPSO in Nigeria

Dec 21, 2022

Malaysia's FPSO leasing company Yinson has secured a one-month contract extension for its Adoon FPSO in Nigeria.The contract was signed with client Addax, a Sinopec subsidiary, on December 16, 2022 and will run until January 2023.The value of the contract extension is estimated to be $3…

Eni, TotalEnergies Discover More Gas Offshore Cyprus

Dec 21, 2022

Italian oil firm Eni, in partnership with the French oil company Total, has made a gas discovery at the Zeus-1 well, in Block 6, offshore Cyprus.The news was initially reported Wednesday by the Cypriot media and Reuters, and eventually confirmed by TotalEnergies…

ADNOC to Buys 24.9% Stake in Austria's OMV from Mubadala

Dec 21, 2022

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 24.9% shareholding in Austrian oil and gas group OMV from Abu Dhabi state fund Mubadala Investment Company, the two companies said on Wednesday. Upon closing of the transaction,…

Allseas Wins Work on One of the 'Heaviest Offshore Installation Projects in History'

Dec 20, 2022

Offshore installation company Allseas will transport and install a new processing platform topside facility with well area and living quarters (NOA PdQ) in the NOAKA area development operated by Aker BP in the Norwegian North Sea.The contract…

Production Resumes from Cidade de Anchieta FPSO After January 2022 Shutdown

Dec 20, 2022

Dutch FPSO leasing company SBM Offshore said Tuesday that production had resumed from its FPSO Cidade de Anchieta, offshore Brazil, after a lengthy shutdown.The Cidade de Anchieta, under contract with Petrobras in Brazil, has been shut down since January 22…

Offshore Wind: UK Firm Looking to Hire 170+ Seafarers in the Next 18 Months

Dec 20, 2022

North Star, a UK-based offshore services firm building a fleet of offshore wind vessels, is looking to recruit more than 170 seafarers over the next 18 months.The company is eyeing experienced crew ahead of its first hybrid-powered offshore wind fleet arriving in UK waters early next year…

Wintershall Dea Uses AGR Software to Track Offshore Drilling Cost, Time

Dec 20, 2022

For its offshore drilling and well projects in Norway, the oil and gas company Wintershall Dea will use AGR Software's iQx probabilistic time and cost estimation and tracking applications. AGR said Tuesday that the development would help with…

Equinor Submits Plan for Snøhvit Future Project. Power From Shore, Onshore Compression for Hammerfest LNG

Dec 20, 2022

Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, on Tuesday submitted a plan for development and operation (PDO) of Snøhvit Future to the Norwegian Minister of Petroleum and Energy…

Singapore's Keppel Offshore & Marine Resolves Corruption Case in Brazil

Dec 20, 2022

Singapore's Keppel Offshore & Marine (KOM) has reached a joint resolution with the authorities in Brazil, in relation to the corrupt payments made by a former agent of Keppel Offshore & Marine in Brazil, which was previously announced in December 2017…

Western Gas to Link its Equus Gas Field to North West Shelf And Pluto LNG Plants

Dec 20, 2022

Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027…

Jan De Nul's Giant Jack-up Vessel Delivered in China

Dec 20, 2022

Offshore installation specialist Jan De Nul Group said Tuesday that its flagship newbuild jack-up vessel, Voltaire, had left the COSCO Shipping Shipyard in China and was heading for Dubai.The vessel was delivered by the shipyard on December 15…

Wärtsilä's Hybrid Propulsion System for Four New Heavy Lift Vessels

Dec 20, 2022

Finland-based marine engine and technology provider Wärtsilä will supply its hybrid propulsion system for four new heavy lift vessels being built at the Wuhu Shipyard in China.  The ships are set to be delivered in 2025, and they will mostly be used to help set up wind farms…

Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea

Dec 20, 2022

Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…

Crown Estate-funded Survey Program Drives Floating Wind Development in Celtic Sea

Dec 20, 2022

The Crown Estate for England, Wales, and Northern Ireland has announced its first major investment in surveys to help with the construction of floating offshore wind farms in the Celtic Sea. 'The awarding of the first contracts marks an important…

Norway and France in Carbon Capture and Storage Collaboration

Dec 20, 2022

Norway and France have signed a letter of intent to promote cooperation on the development and deployment of carbon capture and storage (CCS) as a way to help prevent global warming, the Norwegian energy ministry said on Monday. Major oil and…

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