Norwegian company BW Offshore has informed that the contract for its Catcher floating production storage and offloading (FPSO) has been extended beyond fixed term.BW Catcher FPSO, operating at Catcher field in UK, is owned and operated by BW…
It was a busy week in the offshore drilling sector as new work was secured by Noble and Valaris rigs, reports Esgian in its Week 2 Rig Analytics Market Roundup.ContractsLLOG has exercised a six-month option for Noble 12,000-ft drillship Noble Valiant in the US GOM…
Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work…
Equinor’s exploration well 30/4-4 in the North Sea has come up dry, Norway’s regulator of the petroleum resources Norwegian Offshore Directorate has informed.The well was drilled about seven kilometers north of the Martin Linge field in the North Sea and 180 kilometers west of Bergen…
As is tradition, the first week of January is generally quiet in the offshore market. However, Esgian reports that there were still some noteworthy updates related to new contracts, drilling activities, and rig moves.ContractsAfter a bidding…
Australia's Karoon Energy has completed the acquisition of interests from LLOG Exploration Offshore and LLOG Omega Holdings for the U.S. Gulf of Mexico oil and gas fields.The acquisition includes a 30% working interest in the Who Dat and Dome Patrol oil and gas fields and associated infrastructure…
Thai oil and gas giant PTT Exploration and Production (PTTEP) and its Japanese counterpart Inpex have teamed up to conduct a study on carbon capture and storage (CCS) potential in the Northern Gulf of Thailand.The study is expected to lay a…
TotalEnergies has signed an agreement with Impact Oil and Gas Namibia to acquire an additional participating interest in two blocks being developed offshore Namibia, one of which contains the Venus discovery.TotalEnergies will acquire additional 10…
France-based CGG and Dutch CO2 storage specialist C-Questra have signed a commercial cooperation agreement for carbon capture, utilization, and sequestration (CCUS) projects.CGG has more than 15 years of experience supporting a number of high-profile CCUS projects worldwide…
Prime Energy has extended the contract for DOF’s multipurpose supply vessel (MPSV) Skandi Hawk for work on the Malampaya gas field offshore Philippines.The contract has been extended to the end of 2027, according to Norwegian vessel owner DOF…
Jumbo Offshore has been awarded a contract by MODEC for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located at Uaru field offshore Guyana.The FPSO Errea Wittu will have the capacity to store 2 million barrels of oil…
Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team.The new investment…
Investment company McIntyre Partners has purchased the core business of Norwegian offshore energy and marine services provider Moreld Group, consisting of Moreld Apply, Moreld Ross Offshore and Moreld Global Maritime.McIntyre Partners has entered into an agreement with HitecVision…
Bourbon Subsea Services has installed a floating electrical hub (FEH) at the Eolmed floating offshore wind farm in France, completing the first stage of the 30 MW project.The FEH for the pilot floating farm was installed off Portla-Nouvelle in southern France in fall 2023…
Petrobras and Equinor have signed the contracts for the Campos Basin Integrated Natural Gas Flow System (SIE-BC) and access to the Cabiúnas Gas Treatment Unit (UTGCAB).With the signing of these contracts, Equinor will be able to transport natural gas from the Roncador field…
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