Latest News - page 195

 

TotalEnergies to Keep DeepSea Mira Rig in West Africa

Dec 26, 2024

TotalEnergies has exercised an option as part of the contract with Northern Ocean for its DeepSea Mira semi-submersible rig, extending its stay in West Africa for up to three months.The firm term of the contract has, as a result, been extended by approximately 65 to 93 days…

OE’s 2024 Top of the Festive Video Pops

Dec 25, 2024

The holiday season would not be the same without the top festive videos shared by offshore industry companies which we, now traditionally, include every year to get us in that merry mood.This year, some of the companies - like Stena Drilling…

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

Dec 24, 2024

2024 has been another strong year for the offshore drilling rig market with high utilization and dayrates. However, the winds of change have started to blow, and the market is already showing some signs of weakening demand and declining dayrates across the three main rig types – jackups…

Chevron’s Sanha Lean Gas Connection Project Achieves First Gas off Angola

Dec 24, 2024

The Sanha Lean Gas Connection, led by Chevron’s Angolan subsidiary Cabinda Gulf Oil Company, has achieved first gas production as part of the project that will supply gas from Block 0’s Sanha field to Soyo power plants and the Angola LNG plant…

BP and Partners Secure Rights for 450MW Offshore Wind Farm in Japan

Dec 24, 2024

BP and its consortium partners have been selected to develop a 450 MW offshore wind farm in Japan.Aside from BP, the consortium partners include Tokyo Gas, Marubeni Corporation, Kansai Electric Power, and Marutaka Corporation.The 450 MW project will be developed offshore Yuza Town…

JERA-Led Consortium to Develop Japan’s 615MW Offshore Wind Project

Dec 24, 2024

JERA-led consortium, which also includes Green Power Investment and Tohoku Electric Power, have been granted operatorship of a planned 615 MW offshore wind project in Japan.The project is located in the Sea of Japan offshore Aomori Prefecture…

Dolphin Drilling Wins Arbitration Case for Blackford Dolphin Termination Deal

Dec 24, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has announced positive outcome in the arbitration case with General Hydrocarbons Limited (GHL) over the termination contract for Blackford Dolphin semi-submersible rig that was hired for operations offshore Nigeria…

Petrobras to Keep Constellation’s Semi-Sub Rig Under $61M Contract Extension

Dec 24, 2024

Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrobras, worth up to $61 million.The contract extension is for an additional period of up to 301 days…

Seatrium Gets EPC Contract for BP’s Kaskida Floating Production Unit

Dec 24, 2024

Seatrium has signed a contract with BP to perform engineering, procurement, construction and onshore commissioning (EPC) work for the Kaskida Floating Production Unit (FPU) in the U.S. Gulf of Mexico.The Kaskida project is a greenfield development…

ABS, Akselos Sign Floating Wind MOU

Dec 23, 2024

ABS and Akselos have signed a Memorandum of Understanding (MoU) to advance engineering and certification processes for floating offshore wind projects.The companies signed a Memorandum of Understanding (MoU) to collaborate on solutions aimed at optimizing design…

Subsea Redesign Underway for Floating Offshore Wind

Dec 23, 2024

The 66kV high voltage wet mate connector currently undergoing technical qualification by Baker Hughes weighs in at around one ton and has over 40 liters of dielectric oil protecting copper cable up to 1,200 square millimeters in diameter.The…

Floating Offshore Wind: Fuel for Shipbuilding and Ship Repair

Dec 23, 2024

In the second part of the Offshore Engineer’s interview with offshore energy expert Philip Lewis, Director of Research, Intelatus, we discuss vessels that will service the floating wind sector until 2035, and the investment decisions that will need to be made to support the industry…

Equinor’s 10% Stake Acquisition in Ørsted Now Completed

Dec 23, 2024

Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company.The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State…

Petrobras Cancels Sale of Two Santos Basin Fields to Brava Energia’s Enauta

Dec 23, 2024

Brazilian state-run oil and gas company Petrobras has terminated the contract with Brava Energia’s Enauta for the sale of its entire stake in the Uruguá and Tamba fields.Under the contract, signed by the companies in July 2024, Petrobras was to received $35 million for the stake sale…

Vard Delivers CLV Newbuild to Danish Subsea Specialist

Dec 23, 2024

Vard has delivered a new cable laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore less than two years after the contract was signed.The newly delivered vessel, based on the VARD 9 01 design, has been specially designed and equipped for subsea cable laying operations…

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