Cygnus%20 News

iXblue's USV Used for Saint Nazaire Offshore Wind Farm Bathymetric Survey

May 05, 2022

French autonomous robotics company iXblue has recently completed the bathymetric survey of the Saint Nazaire offshore wind farm using its DriX Uncrewed Surface Vehicle (USV). Relying on 4G and satellite communication, the operation – located…

Wasco to Buy MMA Offshore's Batam Shipyard

May 02, 2022

Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…

Afentra to Buy Into Two Offshore Blocks in Angola

Apr 28, 2022

Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has signed an agreement with Angola's Sonangol to buy interests in Block 3/05 and Block 23, offshore Angola.Afentra will pay $80 million and could also pay contingent payments…

Petrobras Launches Binding Phase for Sale of Its U.S. Gulf of Mexico Oil Field Interests

Apr 19, 2022

Brazilian oil company Petrobras has launched the binding phase for the sale of its 20% in the company MP Gulf of Mexico, LLC. (MPGoM), which owns offshore fields in the U.S. Gulf of Mexico.Petrobras first announced its intention to exit the joint venture in October 2021…

Neptune Energy Awards Deals for Operations Support at Cygnus Platforms

Feb 22, 2022

Oil and gas company Neptune Energy on Tuesday announced several contract awards worth almost £3 million (around $4 million) in total to support ongoing operations at its operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…

First Turbine Installed at France's First Offshore Wind Farm

Apr 13, 2022

The very first wind turbine for the Saint-Nazaire offshore wind farm was installed on 12-13 April.©Parc éolien en mer de Saint-Nazaire - Production CAPA CorporateThe first wind turbine has been installed at the St. Nazaire offshore wind farm in France…

Saipem Nets $150M Coral Sul FLNG Maintenance Contract

Apr 07, 2022

Italian oilfield services company Saipem will be providing maintenance services for the floating facility Coral Sul FLNG  for liquefied natural gas offshore Mozambique, under a contract awarded by the Coral FLNG S.A consortium.The Coral FLNG…

Canada: Two Near Miss Incidents Reported on Hibernia Offshore Platform In March

Mar 25, 2022

Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said Friday that a near-miss incident had occurred on March 20 aboard the Hibernia platform, offshore Canada.'Hibernia Management and Development Company (HMDC) has reported that on March 20…

Italy Plans Two FSRU Units to Cut Russia Gas Reliance

Mar 24, 2022

Italy is looking to install two floating storage and regasification units (FSRU) to boost liquefied natural gas (LNG) imports as part of plans to cut reliance on Russian gas, Italy's energy transition minister said on Tuesday.'Today we officially…

Hungary's MOL Sells UK North Sea Assets to Waldorf

Mar 24, 2022

Hungarian oil and gas company MOL has signed a deal to sell its entire upstream portfolio in the UK North Sea to Waldorf Production.The divested offshore assets include MOL’s 20% stake in the Catcher field, a 50% stake in Scolty & Crathes, and a 21…

Cutthroat Well Could Hold Up To 1 Billion Barrels

Mar 22, 2022

U.S. oil producer Exxon Mobil Corp is drilling in a new area offshore of Brazil that could have as much as 1 billion barrels of oil and gas, its partner Murphy Oil said on Tuesday.If exploration is successful, it would be Exxon's first oil discovery in Brazil as an operator…

Coral Sul FLNG: World's Deepest FLNG Unit Moored Off Mozambique

Mar 07, 2022

The mooring of Coral Sul (South) FLNG, East Africa's first FLNG unit, and the world's deepest, was completed last week.The giant Coral Sul FLNG unit, 432 meters long and 66 meters wide, and weighing around 220,000 tons, earlier this year arrived…

Petrofac Secures Extension with Neptune Energy for UK North Sea Services

Dec 21, 2021

Oil and gas company Neptune Energy has awarded a two-year contract extension to the oilfield services firm Petrofac.The contract extension, taking effect from January 1, 2022, is for engineering services for the Neptune-operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…

Non-binding Phase Starts for Petrobras U.S. Gulf of Mexico Asset Sale

Feb 16, 2022

Brazilian oil company Petrobras has started the non-binding phase regarding the sale of its assets in the U.S. Gulf of Mexico.Petrobras is selling its entire 20% stake held in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA…

Eni Wraps Acquisition of 20% in 1.2 GW Dogger Bank C Offshore Wind Farm

Feb 10, 2022

Italian oil and gas company Eni has completed the acquisition of a 20% stake in total from SSE Renewables and Equinor in the 1.2 GW Dogger Bank C offshore wind farm, in the UK.SSE Renewables said Thursday it had completed the sale of its 10% interest to Italy's Eni…

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