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…
Japan's Mitsui and Co has decided to pull its employees out of Russia's Arctic LNG 2 liquefied natural gas (LNG) project, the Sankei newspaper reported on Tuesday, citing several sources, in yet another blow for the project.Fearing the backlash from the sanctions…
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…
Japan’s utility JERA and Green Power Investment Corporation (GPI) have started operations at the Ishikari Bay New Port Offshore Wind Farm - the largest commercial wind farm in Japan.Located in Hokkaido’s Ishikari Bay New Port, the wind farm…
Cosco Shipyard in China has launched Cadeler’s newbuild vessel Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load.The launching of Wind Peak is a critical milestone that marks the completion of the vessel’s hull…
Seatrium has issued an announcement confirming its contract for a 1,260MW offshore substation (OSS) platform for Empire Wind 2, valued at more than S$250 million, has been cancelled.Seatrium was awarded two contracts from Empire Offshore Wind LLC for the engineering…
U.S. oil and gas company Talos Energy has started oil and gas production at Lime Rock and Venice discoveries, located near its Ram Powell platform in the U.S. Gulf of Mexico.The Lime Rock and Venice wells were brought safely online in late December…
Seatrium has been awarded a contract by Shell to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible floating production unit (FPU).The contract includes the installation of Shell-furnished equipment…
Danish company Vestas has signed has signed a preferred supplier agreement with Hanwha Corporation for the 390 MW Shinan Ui offshore wind project in South Korea.The project is developed by Shinan Ui Offshore Wind, a special purpose company established by Hanwha Corporation E&C Division…
Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling…
Marine seismic data company TGS has completed a series of Ocean Bottom Node (OBN) surveys offshore Guyana, setting a record for the longest deepwater node survey campaign.On December 1, 2023, the final node recovery marked the culmination of…
Brazil's state-run oil company Petrobras has acquired stakes in three exploratory blocks in São Tomé and Príncipe through a competitive process conducted by Shell.Petrobras acquired a 45% stake in blocks 10 and 13 and a 25% stake in block 11…
Norwegian shipowner Island Offshore announced it has secured long-term employment for its offshore support vessel Island Condor, commencing in autumn 2024.'This is a fantastic Christmas gift for the company! We have worked purposefully to secure…
Taihan Cable & Solution has won a $77.3 million contract for the supply of subsea cables for the 365 MW Yeonggwang Nakwol offshore wind farm in South Korea, and purchased what is said to be the country's only cable-laying vessel (CLV) for the offshore wind market…
UK oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of 15% working interest in the Chuditch production sharing contract offshore Timor-Leste.Baron's wholly-owned subsidiary SundaGas Banda Unipessoal entered the MoU with Timor Gap…
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