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TGS, SLB, Petrobangla in 2D Seismic Survey Offshore Bangladesh

Jan 03, 2023

TGS on Tuesday announced a new regional multi-client 2D seismic program offshore Bangladesh in partnership with SLB and Petrobangla.The program's initial phase will comprise around 11,000 line kilometers of newly acquired high-resolution broadband…

Volstad Orders NES Battery Pack for Subsea Construction Vessel

Jan 03, 2023

Norway's Volstad Maritime has contracted HAV Group subsidiary Norwegian Electric Systems (NES) to deliver the battery package and associated control system for battery charging to one of its subsea construction vessels.Bergen-based NES will…

Indonesia Approves $3 Billion Development Plan for South China Sea Gas Block

Jan 03, 2023

Indonesia has approved the first plan of development for the Tuna offshore gas field with total estimated investment of $3.07 billion up to the start of production, upstream oil and gas regulator SKK Migas said on Monday.The Tuna field, located in the South China Sea between Indonesia and Vietnam…

US Lease Sale off Alaska Coast Draws One Bid

Jan 03, 2023

The U.S. government on Friday received just a single bid, from Hilcorp Alaska, for oil and gas drilling rights off the coast of Alaska the first federal auction in the region in more than five years.The offer of nearly 1 million acres in the…

2023 Outlook: The Offshore Service Vessel Market

Dec 30, 2022

The market for offshore support vessels has been through a rather rough few years since offshore exploration and production activity took a nose-dive in 2015 following the oil price crash the year before.The newbuild order boom that came with…

Turkey Accuses Cyprus of Stoking Tensions in Eastern Med with Its Gas Exploration Efforts

Dec 30, 2022

Turkey on has accused Cyprus of increasing tension in the Eastern Mediterranean after a consortium of Italian and French energy companies found more natural gas off the island earlier this week.Cyprus's hydrocarbon activities 'have been carried out unilaterally…

Offshore Wind: Finland Gov't Grants Research Permits to Eolus

Dec 30, 2022

Offshore wind farm developer Eolus has received research permits for two offshore wind farms in the Bothnian Sea. The company said these were important steps towards offshore wind production in Finland. The Finnish Government gave consent regarding…

Oil Set to End Turbulent 2022 With Second Annual Gain

Dec 30, 2022

Oil rose on Friday and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China. Crude surged in March with global benchmark Brent reaching $139…

Mini-ROV Firm BeyonC Joins Chevron's Catalyst Program

Dec 30, 2022

Mini-ROV technology company BeyonC has been selected to join Chevron Technology Ventures' (CTV) Catalyst Program, an initiative to help early-stage companies mature their technologies with the aim of benefiting the energy industry around the world…

Borr Drilling Nets Deals for Two Jack-ups. Adds 2,030 Days to Backlog

Dec 30, 2022

Offshore drilling firm Borr Drilling said Friday it had secured new contracts for two of its premium jack-up drilling rigs. 'These awards increase the company's backlog by approximately 2,030 days, excluding optional periods,' Borr Drilling said…

Coast Guard Calls Off Search for Four Missing from Helicopter that Crashed Near Gulf of Mexico Platform

Dec 30, 2022

The Coast Guard called off its search for four passengers onboard a downed helicopter about 10 miles off the coast of Southwest Pass, Louisiana, at 6:15 p.m. Thursday.At around 8:40 a.m., Coast Guard District Eight watchstanders got a call from…

What's in a Foot? December 31, 2022 Marks End of U.S. Survey Foot

Dec 29, 2022

NOAA and the National Institute of Standards and Technology (or NIST) are starting the new year off on the “right” foot.On New Year’s Eve, the two federal agency partners will officially retire the use of one of two measuring feet, to reduce surveying errors that can cost money…

Sembcorp Delivers 8th-generation Drillship Deepwater Titan to Transocean

Dec 29, 2022

Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the world’s second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed…

Russian Pipeline Gas Exports to Europe Drop to a Post-Soviet Low

Dec 29, 2022

Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine and a major pipeline was damaged by mysterious blasts, Gazprom data  and Reuters calculations showed…

FSRU Exemplar Arrives in Finland

Dec 29, 2022

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…

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