Offshore Energy News

 

Subsea 7 Wins Contract from Total in Brazil

Sep 02, 2019

Subsea 7 announced it has secured a contract from Total E&P do Brasil for the development of the Lapa North East field located approximately 300 kilometers off the coast of the State of São Paulo, at 2,150 meters water depth in the pre-salt Santos Basin…

Liza Destiny FPSO Reaches Guyana

Sep 02, 2019

American petroleum company Hess Corporation said that the Liza Destiny floating, production, storage and offloading (FPSO) vessel has arrived at the closely watched Stabroek Block offshore Guyana after a 42-day journey from Singapore.Liza Destiny…

MarineSpace Wins Ørsted Award

Aug 30, 2019

UK-based marine environmental and planning consultancy MarineSpace Limited has been awarded a place on the UK environmental impact assessment (EIA) framework agreement for Ørsted Wind Power A/S.The award means MarineSpace will be eligible to…

Oceaneering to Relocate in Aberdeen

Aug 29, 2019

Oceaneering announced it will combine seven Aberdeen properties into one office location and a new, purpose-built workshop, in a move to streamline operations and drive cost efficiencies.The 50,000-square-foot office in Aberdeen International…

Crown Estate Boosts UK Offshore Wind Capacity by 2.85 GW

Aug 29, 2019

UK's offshore wind farms are about to get bigger after the Crown Estate decided that seven sites could comfortably expand their operations without posing any threat to the environment.According to an official statement the Crown Estate has given…

Swire Seabed Completes Unmanned Pipeline Inspection

Aug 27, 2019

Swire Seabed said it has completed a second offshore pipeline campaign for Equinor in the North Sea. The campaign, undertaken in July 2019, is the first fully unmanned offshore pipeline inspection ‘over the horizon’ ever completed, surveying up to 100 kilometers from the shore…

Polarcus Wins Work in Southeast Asia

Aug 27, 2019

UAE-based offshore geophysical company Polarcus said it has been awarded a contract to carry out an XArray marine seismic acquisition project in Southeast Asia.The project will commence in the fourth quarter of 2019 with an approximate duration of 40 days.

CGG Kicks Off Deepwater Survey in Brazil

Aug 27, 2019

Paris-headquartered geosciences company CGG said it has commenced a new, large, long-offset BroadSeis survey located in the Campos and Santos Basins, offshore Brazil.The Nebula 3D survey is supported by industry funding.With an initial focus on Brazil’s 15th License Round blocks…

TechnipFMC to Split into Two Companies

Aug 26, 2019

Franco-American oil services firm TechnipFMC Plc said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.TechnipFMC…

Premier Oil Testing PB3 PowerBuoy in the North Sea

Aug 23, 2019

US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil…

Seajacks Wins Taiwanese Turbine Installation Gig

Aug 23, 2019

Offshore wind installation specialist Seajacks International has won another contract in Taiwan for work at Orsted's Greater Changhua project.'Seajacks has been awarded a contract with Ørsted Taiwan Limited for the transport and installation…

Oil Price Controls Subsea Market Growth

Aug 23, 2019

The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is vulnerable to any significant decline in oil prices over the next few years, according to analyst Rystad Energy.“We expect the subsea market to thrive during the coming years…

L&T Consortium Wins Saudi Aramco Deal

Aug 23, 2019

Indian multinational conglomerate Larsen & Toubro Limited (L&T) announced that a consortium of its arm L&T Hydrocarbon Engineering Limited (LTHE),  and EMAS AMC PTE Ltd (A Subsea7 Company)  has been awarded a project by Saudi Aramco for offshore jackets…

TechnipFMC Tallies Shell PowerNap Award

Aug 22, 2019

TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract by Shell for the deepwater PowerNap project, located in the US Gulf of Mexico, the services company announced on Thursday.The award, an integrated…

Topaz Revenue Climbs

Aug 22, 2019

Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai-based offshore vessel operator’s first-half net income also surged to $42 million…

Current News

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Aquaterra Energy Gets Multi-Ye

Two DOF Vessels Get Work in North Sea and Australia

Two DOF Vessels Get Work in No

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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