Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has been awarded three well services contracts in Malaysia, increasing its market share in the Asia Pacific region.The company has won two contracts…
The first export cable for the Hollandse Kust West Beta offshore wind farm will come ashore next week as the work progresses to connect the 700 MW project to the Dutch grid.According to an update from transmission system operator TenneT, several…
U.S.-based classification ABS on Wednesday announced it is expanding its partnership with Singaporean shipbuilding group Seatrium to advance cutting-edge marine and technology projects that target decarbonization and energy transition in the marine and offshore sectors…
An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday.The consortium, which includes Exxon, Hess and CNOOC…
As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U…
Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea.The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field…
Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin…
Classification society DNV said it is set to publish its new set of rules and standards for the offshore industry.The new rules, which cover several segments, including underwater systems and installations, offshore units, diving systems, structural design…
Offshore drilling company Valaris has secured new contracts and extensions for its drilling rigs, increasing its contract backlog to approximately $4 billion.Since its latest fleet status report, issued on February 15, 2024, Valaris has secured…
U.S. oil and gas production rebounded sharply in February after extensive disruption the previous month caused by freezing wells and other outages stemming from Winter Storm Heather in the middle of January.Nationwide crude and condensates output jumped by 0…
A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday.The agreement is Azule Energy's first investment in Namibia. Azule…
Trident Energy, has on behalf of the joint venture partners, awarded a contract to Noble Corporation for its Noble Venturer drillship, which is scheduled to restart the infill drilling at the Ceiba Field and Okume Complex offshore Equatorial Guinea…
Norwegian subsea technology company Optime Subsea has been awarded a contract by Aker BP to develop and deliver five Remotely Operated Controls Systems (ROCS) for use on the Norwegian continental shelf.Aker BP has placed an order with Optime…
Offshore drilling firm Noble Corporation has informed about two new drilling campaigns secured for its Noble Venturer drillship in Africa, which is currently employed on drilling assignment with Tullow Oil offshore Ghana.Following the early…
BW Ideol has unveiled its standardized foundation for floating offshore wind, ready for mass production to accommodate the needs of the growing sector.With over 22 GW already awarded in Scotland, around 8 GW in the USA, and several GW currently…
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