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POSH Buys Boa Deep C Offshore Construction Vessel

Aug 18, 2022

Singapore-based offshore energy services provider PACC Offshore Services Holdings (“POSH”) has agreed to buy the 119-meter long, DP-3 offshore construction vessel ‘BOA Deep C’ from Norway's BOA OCV AS. The vessel will be renamed ‘POSH Deep C’ and will join the POSH fleet in October 2022…

ONGC Inks Deal with ExxonMobil for Deepwater Exploration in India

Aug 19, 2022

Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in the country's East and West coasts.The two oil explorers…

TDI-Brooks Adds New Tools to Shallow Water Geotechnical Kit

Aug 09, 2022

Marine survey specialist TDI-Brooks said Tuesday it had brought online a shallow water (<75-m) pneumatic vibracore (pVC) to supplement its other electric VC options (Feritech FT550 and Rossfelder P-5).  According to the company, the pVC is a lightweight (4…

Enauta Restarts Production from Atlanta Field

Aug 18, 2022

Brazilian oil company Enauta has brought back online oil production from the Atlanta field, following a planned downtime.Enauta had said earlier this month that the gradual output resumption would take place by mid-August when a new water treatment…

Norway's Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early

Aug 15, 2022

Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offshore platforms to cut their emissions, the country's Climate Minister Espen Barth Eide said…

Magseis Fairfield Wins OBN Survey Work with ExxonMobil in Guyana

Aug 17, 2022

Oslo-listed marine seismic survey firm Magseis Fairfield has signed a contract with ExxonMobil for a large Ocean Bottom Node (OBN) project offshore Guyana, where ExxonMobil has so far discovered 11 billion barrels of oil.The project is expected…

Mainstream and Aker Offshore Wind Merger Completed

Aug 16, 2022

The transaction to combine Mainstream Renewable Power and Aker Offshore Wind to form a renewable company with a 27 GW portfolio has closed. The deal was first announced on July 12.Aker Horizons entered into an agreement with Aker Mainstream Renewables…

Amid Energy Crisis, EU Plans to Help Gas-rich Mozambique Boost Security

Aug 16, 2022

The European Union is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows, as Islamist attacks threaten gas projects meant to reduce the EU's reliance on Russian energy…

Nigerian President Pulls Approval of Exxon Mobil's Offshore Asset Sale

Aug 11, 2022

Nigeria's President Muhammadu Buhari has withheld his initial approval of Exxon Mobil's sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent.Buhari on Monday consented to the $1…

U.S. Offshore Oil Production Restarts after Pipeline Fix

Aug 15, 2022

A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms was repaired late Friday, a Louisiana official said, with producers moving to reactivate some of the halted production.A failed flange connecting…

Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform

Aug 16, 2022

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform…

EMAR Offshore Services Buys Two Fast Crew Suppliers for Oil & Gas Work in Angola

Aug 08, 2022

Dutch maritime services firm EMAR Offshore Services has bought two Damen Fast Crew Suppliers (FCS) 2206 for an undisclosed fee.The first vessel, named E-Six, has already begun operations in Angola, supporting the local oil and gas industry, and will be joined by the E-Seven shortly…

Germany's RWE Widens Global Search for LNG Supplies

Aug 11, 2022

RWE is holding talks with a larger number of suppliers of liquefied natural gas (LNG), not just Qatar and North America, CEO Markus Krebber said, as Germany's largest power producer continues its efforts to replace Russian gas volumes.RWE earlier…

ExxonMobil Taps Acorn for EIA Work on Fifth Offshore Development in Guyana

Aug 09, 2022

ExxonMobil has hired Acorn International, an environmental and risk management consultancy with offices in Boston and Houston, to perform an Environmental Impact Assessment (EIA) and lead the public consultation program for the Uaru Project…

Eni Buys Exmar's Tango FLNG for Use in the Congo

Aug 05, 2022

Italian oil major Eni announced it has signed a deal to to buy the Tango FLNG floating liquefaction plant from Belgium-based Exmar for use in the Republic of Congo. Under the agreement, Eni will acquire Exmar's company Export LNG Ltd, which owns the Tango FLNG…

Current News

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COC Boosts Offshore Capabiliti

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Petrobras Farms Into Equinor-O

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