Over the past few years the Namibian Orange Basin has emerged as an exciting new oil province and subsequently a provider of significant new demand and future demand potential for deepwater drilling rigs.According to Westwood’s Wildcat, “the…
Equinor will establish and operate a new area-wide emergency preparedness solution for the southwestern Barents Sea.'Together with the other operators, the authorities and the supply industry, we have through 50years developed the preparedness…
Zelim’s SWIFT man overboard recovery device has received full type approval from classification society Lloyd’s Register, paving the way for the maritime industry’s widespread use of the sea survival safety system.Did You Know? It is estimated…
KOTUG International B.V.won a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit (FSU)…
Woodside Energy has released its half-year financial highlights citing a net profit after tax of A$1,937 million ($1.3 million) and underlying net profit after tax of A$1,632 million ($1.1 million).Operational highlights include the delivery of 89…
TGS has entered the software solutions market with Imaging AnyWare – a proprietary TGS enterprise processing system designed to enhance subsurface imaging and integration projects.Imaging AnyWare is used globally across various geological basins…
Carbon Capture Utilisation and Storage (CCUS) is a crucial element in global decarbonization, but current economics limit CO2 utilisation deployment, according to a recent report from Wood Mackenzie.In Wood Mackenzie’s 2050 net zero scenario…
An Exxon Mobil consortium's crude output in Guyana has been fully restored at two floating production facilities after workers completed a natural gas pipeline tie-in, a company spokesperson said on Monday.Output had fallen to between 400,000 and 500…
A Chevron-led consortium that holds licensing rights over a gas field off Cyprus will present an updated development plan within days, one of the partners said on Monday, after Cyprus gave them a three-month deadline to comply.There have been…
Norwegian-headquartered offshore vessel owner Østensjø Rederi has placed an order with Spanish shipbuilder Gondan for a new offshore support vessel (OSV).The 120-meter vessel was designed by Salt Ship Design of Norway and will be built at Gondan's facilities in Asturias…
Engineering firm Wood said it is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf.The company has assessed the technical feasibility of the Trudvang, Luna and Havstjerne CCS projects, which combined can store up to 21 million tonnes of CO2 annually…
Eidesvik Offshore will refit its platform supply vessel (PSV) Viking Energy with an ammonia dual fuel engine, targeting 2026 as the year that the vessel will operate on ammonia for Equinor, effectively cutting GHG emissions by 70% or more.Viking Energy will switch to ammonia operations…
Ocean Installer won 'a sizeable' project from Anasuria Hibiscus UK Limited as part of a new frame agreement for offshore construction. The Teal West Development comprises a subsea tie-back to the Anasuria FPSO. The scope of work on Teal West includes installation of manifold…
Equinor plans to invest 60 billion-70 billion crowns ($5.7 billion-$6.7 billion) per year offshore Norway towards 2035 as it expects continuing strong demand for oil, it said on Monday.Norway is Europe's largest gas supplier and a major producer of oil…
Test output at China National Offshore Oil Corp's Deep Sea No. 1 A-12 offshore gas field reached 830,000 cubic meters per day, state media said on Monday.State-run CCTV said the project was China's first deepwater high-pressure natural gas development project…
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