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UK Subsea Robotics Firm SMD Sets Sights on Exceeding £100m Turnover in Five Years

Apr 07, 2023

UK-based subsea robotics and engineering firm Soil Machine Dynamics (SMD) has this week announced plans to exceed £100m turnover within five years.To reach this goal, the company says it is focusing on the electrification of its vehicles, has ambitious recruitment targets…

SMJ Acquires 50% Stake in Petronas' Block Offshore Sabah

Apr 07, 2023

SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of  Petronas' 50% non-operating stake in the Samarang production sharing contract (PSC).Petronas Carigali will continue to be the operator of Samarang PSC…

Fabrication of J-tube Frames Starts for Moray West Offshore Wind Farm

Apr 07, 2023

Global Energy Group's (GEG) North Fabrication division has started fabrication of two J-tube frames for the 882MW Moray West offshore wind farm, with a steel cutting at the Port of Nigg, Scotland.The completed J-tube frames will be attached…

Swedish Prosecutor Believes State Actor Behind Nord Stream Pipeline Blasts

Apr 07, 2023

A state actor's involvement in the blast of the Nord Stream pipelines last year is the 'absolute main scenario', though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022…

Diamond Offshore's Ocean GreatWhite Rig Kicks Off Five-well Drilling Campaign for BP

Apr 07, 2023

Offshore drilling contractor Diamond Offshore said Thursday that its Ocean GreatWhite semi-submersible drilling rig had kicked off its five-well drilling campaign for BP West of Shetland.'This marks an important milestone for this harsh-environment…

FPSO En Route to Develop Ivory Coast's Largest Offshore Field

Apr 07, 2023

Italian oil firm Eni, with its partner PetroCi, on Thursday celebrated the sail away of the FPSO Firenze to the giant Baleine oil and gas field offshore Ivory Coast.The FPSO Firenze, which sailed away from Dubai, will allow the production start-up of the Baleine field…

World Court says it Can Rule on Guyana-Venezuela Border Dispute

Apr 07, 2023

Judges at the International Court of Justice (ICJ) on Thursday ruled they had jurisdiction over a long-running border dispute between Guyana and Venezuela, which could determine which country has rights to territory rich in oil and gas.Guyana in 2018 asked the ICJ…

Rare Shipments of North Sea Forties Crude Head to East Coast Refiners

Apr 07, 2023

U.S. and Canadian refiners have turned to North Sea 'Forties' crude oil for the first time in seven years in the latest sign of changing global oil flows from Russia's invasion of Ukraine. Nearly 2.6 million barrels of the crude are set to arrive at U…

Acteon's TerraSond and Benthic Win Floating Offshore Wind Survey Work in Scotland

Apr 06, 2023

Acteon's Data and Robotic division's geo-services brands TerraSond and Benthic have secured a combined geophysical and geotechnical survey work scope with the BlueFloat Energy and Renantis Partnership for the Bellrock and Broadshore offshore wind farms northeast of Aberdeen…

W&T Offshore's CFO Yang to Step Down in May

Apr 06, 2023

U.S. Gulf of Mexico-focused oil company W&T Offshore said Thursday that Janet Yang, Executive Vice President and Chief Financial Officer, would leave the company on May 11, 2023, following the release of the company’s first-quarter earnings…

Nord Stream Pipeline Blasts Probe Continues, but Culprits Difficult to Determine

Apr 06, 2023

It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating the incident, said on Thursday. The Sept. 26 explosions…

Hartshead Resources to Conduct Site Surveys at Two UK North Sea Locations

Apr 06, 2023

Oil and gas company Hartshead Resources plans to conduct site surveys at two locations in the UK North Sea at the Anning field site.According to a notice to mariners issued by Charles Keiller & Associates Limited, the 1km x 1km survey would be conducted in Block 49/17b…

Modus Subsea Services Secures Loan from Gordon Brothers

Apr 06, 2023

Advisory and investment firm Gordon Brothers said this week it had provided a £5 million (currently around $6,2 million) term loan to Modus Subsea Services (Modus).Modus, specializing in using Underwater Intervention Drones to automate and decarbonize subsea inspection…

Leonardo, Siemens Sign Deal to Create Cybersecurity Platform

Apr 06, 2023

Leonardo and Siemens on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil and gas and industrial sectors. 'The main area of intervention will concern the resilience…

Seabed Surveys Start for Two 1GW Offshore Wind Farms in Scotland

Apr 06, 2023

Thistle Wind Partners (TWP) has launched seabed surveys for its two ScotWind projects – the 1GW Ayre Offshore Wind Farm and the 1GW Bowdun Offshore Wind Farm.The Ayre offshore wind farm is a floating wind project to the east of Orkney, while…

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