%22Bw Ideol%22 News

Contract Extended for Vantage Drilling’s Platinum Explorer

Aug 21, 2025

UAE-based Vantage Drilling International has announced that the Conditional Letter of Award received from an undisclosed client for the ultra-deepwater drillship Platinum Explorer in April has been extended.This follows a 30-day extension from July 22 to bring the contract end date to August 29…

Santos Extends Exclusivity Period for XRG Consortium

Aug 13, 2025

Santos has agreed to extend the exclusivity period granted to a consortium to enable it to complete due diligence on the purchase.The consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and includes Abu Dhabi Development…

Saipem Wraps Up Pipeline Job at Equinor’s Norwegian Sea Project

Aug 01, 2025

Italian energy contractor Saipem has completed the installation of the subsea pipeline for the Irpa project, developed by Equinor in the Norwegian Sea.Offshore operations were carried out by the pipelay vessel Castorone, one of Saipem's flagship vessels…

Expro Launches Advanced BRUTE Tool for Deepwater Wells

Jul 23, 2025

Texas-based oilfield services provider Expro has launched its most advanced BRUTE high-pressure, high tensile packer system, designed to help operators work more efficiently in the extreme conditions of deepwater wells.Engineered for the highest differential pressures in the market…

Italy's Eni Posts 25% Drop in Quarterly Profit

Jul 25, 2025

Italian energy group Eni said on Friday its second-quarter earnings fell 25% year-on-year as lower oil prices and a weaker dollar overshadowed a better-than-expected performance at its gas business.Adjusted net profit came in at 1.13 billion euros ($1…

TotalEnergies Starts Up Two Subsea Tie-Back Projects in Angola

Jul 23, 2025

TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola.The start of production from the BEGONIA and CLOV Phase 3 offshore projects leverages ullage in the PAZFLOR and CLOV floating production…

High-Voltage Substation for RWE’s Thor Wind Farm Sails Away from HSM Offshore

Jul 17, 2025

HSM Offshore Energy has completed the buildout and delivery oof the Thor offshore high voltage substation (OHVS) for RWE’s Thor offshore wind farm in Denmark.The completed yard constructed and delivery marked the achievement of three major milestones - the load-out of the jacket…

Brazil Plans Additional Offshore Oil Auction for 2025

Jul 03, 2025

Brazil plans to hold an additional oil auction this year for uncontracted areas in the pre-salt offshore region after Senate approval of legislation that clears the way for the sale, a senior energy official said on Wednesday.The government…

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Jul 01, 2025

Yinson Production has placed $1.168 billion project bond to refinance floating production, storage and offloading (FPSO) Maria Quitéria, which is operating under a 22.5-year lease and operate contract with Petrobras in the Jubarte field, offshore Brazil…

All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm

Jun 24, 2025

The final inter-array cable has been installed at Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France, being developed by Les Éoliennes en Mer Services.The 61st and final inter-array cable was installed on June 22 at the EMYN offshore wind farm…

ConocoPhillips Confirms Oil Discovery off Norway

Jun 19, 2025

ConocoPhillips Skandinavia, a subsidiary of U.S. energy major ConocoPhillips, has completed the drilling of an appraisal well in the Norwegian Sea, confirming the previously made oil discovery.ConocoPhillips Skandinavia, the operator of production license 891…

UK Offshore Wind Industry Employs 40,000 People, New Report Finds

Jun 17, 2025

RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%…

Scotland Launches Offshore Wind Consultation

Jun 11, 2025

Scottish government has launched a consultation on the updated draft marine plan to inform offshore wind developments in Scotland.The public consultation, running until August 22, 2025, is for a draft of the updated Sectoral Marine Plan for Offshore Wind Energy (SMP-OWE)…

RWE and NBIM Complete Offshore Wind Transaction

Jun 04, 2025

RWE and Norges Bank Investment Management (NBIM) have closed the transaction, where NBIM acquired 49% equity stake in RWE’s 1.6 GW Nordseecluster and 1.1 GW Thor offshore wind projects.As part of the transaction, first announced in March and valued at approximately $1…

FPSO Alexandre de Gusmão Starts Production

May 27, 2025

SBM Offshore announces that FPSO Alexandre de Gusmão is formally on hire as of May 24, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to final acceptance.As part of the Mero-4 project, the FPSO will be connected to 12 wells…

Current News

Eco Wave Power Wraps Up Feasibility Study for South Africa’s Wave Project

Eco Wave Power Wraps Up Feasib

OneSubsea Gets Gullfaks Subsea Compression Upgrade by Equinor

OneSubsea Gets Gullfaks Subsea

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

Saipem Agrees $272M Deal to Ac

New Alliance Targets Offshore Caisson Integrity Challenges

New Alliance Targets Offshore

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine