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Small but Powerful: Kongsberg Maritime Launches New Retractable Azimuth Thrusters

Dec 15, 2022

The Norwegian maritime equipment and technology company Kongsberg Maritime has launched a new series of retractable azimuth thrusters.Kongsberg said that the units, of the ULE PM type, are smaller than competing units but maintain thrust power…

Technip Energies to Design Mega Floating Offshore Wind Project

Dec 15, 2022

Italian renewable developer Renexia has selected France's Technip Energies to study and design key elements of one of the world's biggest floating offshore wind farms, the French engineering group said on Thursday. The French group, which this…

Saipem Bags $1.2B Worth Offshore Oil Field Contracts in Guyana and Egypt

Dec 15, 2022

Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…

MOL's Gašo to Join OMV as New Executive Board Member for Energy

Dec 14, 2022

Austrian company OMV appointed Berislav Gašo (48) as the new Executive Board Member responsible for its Energy segment. Gašo has accepted the appointment. He will assume the position with effect from March 1, 2023. The appointment spans a three-year period…

Noble Corp. Wins $50M Contract for Jack-up Rig in UK North Sea

Dec 14, 2022

BP has awarded the offshore drilling company Noble Corp. a one-year drilling and plugging & abandonment services contract in the UK sector of the North Sea. The contract, for which Noble Corp. will deploy the ultra-harsh environment Noble Innovator (ex-Maersk Innovator) jack-up rig…

16,000t Jacket Completed for Azeri Offshore Platform Project

Dec 14, 2022

Oil major BP said Tuesday that the jacket of the Azeri Central East (ACE) platform built at the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) was ready for load-out to sail away to its permanent location in the ACG contract area in the Caspian Sea…

Israel Launches Fourth Offshore Exploration Bidding Round

Dec 14, 2022

Israel's energy ministry on Tuesday announced the launch of the fourth bidding round for gas exploration rights in Israeli waters.As part of the fourth offshore exploration bidding round, four groups of exploration licenses (Zones) will be offered…

CIP Wins Rights to Build 500-600MW Offshore Wind Farm in Taiwan

Dec 14, 2022

Copenhagen Infrastructure Partners (CIP) said Wednesday it had been allocated 500–600 MW of capacity in the first round of Taiwan’s Round 3 Zonal Development offshore wind auction.'On December 14, 2022, it was announced that CI IV’s [a CIP subsidiary] Fengmiao offshore wind project…

Aibel Apprentices Allowed to Work Offshore

Dec 14, 2022

Norwegian offshore engineering and construction firm Aibel has started a trial to allow apprentices to work offshore as an organized part of their training. The aim is to give the apprentices a broader experience, Aibel said.Aibel's Sleipner…

CGG, Carbon Transition in Utsira OBN Seismic Survey Data Reprocessing

Dec 14, 2022

Frenche seismic data specialist CGG has signed an agreement with Carbon Transition, under its subsidiary Axxis Multi Client, to reprocess the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea. 'The reprocessing project…

Barryroe Offshore Energy CFO Resigns

Dec 14, 2022

Oil and gas company Barryroe Offshore Energy, until recently known as Providence Resources, said Tuesday that its CFO had decided to resign.The Irish-based company said it had accepted notice of the resignation of Simon Brett, Chief Financial Officer…

Tullow Oil Pens Ivory Coast Offshore Block Deal

Dec 14, 2022

Tullow Oil has signed a production sharing contract (PSC) for Ivory Coast's offshore exploration license CI-803.Tullow will operate the license with 90% equity, with the remaining 10% held by PetroCi. The CI-803 offshore block covers an area of 1…

DNV Recertifies Petrojarl I FPSO, Enabling Two-year Charter Extension, Enauta Says

Dec 14, 2022

The Brazilian oil and gas company Enauta said Tuesday that classification society DNV had issued the recertification for the Petrojarl I FPSO, enabling a contract extension for the production unit.The Petrojarl I FPSO is an early production system used for production at Enauta's Atlanta field…

Romania: OMV Petrom, Romgaz Step Closer to Black Sea Gas Extraction

Dec 14, 2022

Romanian gas producers OMV Petrom and state-owned Romgaz filed paperwork on Tuesday that edged them closer to the extraction of a long-awaited deepwater gas field in the Black Sea, Petrom said.The two companies jointly own the Neptun Deep offshore project…

HSBC to Stop Funding New Oil Field Projects

Dec 14, 2022

HSBC will no longer provide new lending or capital markets finance for new oil and gas fields, the British bank said on Wednesday, as part of a wider update to its energy policy. The bank said it will continue funding natural gas projects for now…

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