Offshore Energy News

 

Hollandse Kust (west) Alpha Offshore Substation Set for Wind Turbines Link-Up

Jan 11, 2024

The grid connection for Hollandse Kust (west) Alpha offshore substation is officially ready for commissioning after receiving grid readiness certificate three months ahead of schedule.This means that wind farm operator Ecowende can connect the wind turbines…

Scana’s PSW Technology Divests Well Control Equipment

Jan 11, 2024

PSW Technology has signed a contract to divest well control equipment to an international oil and gas company.The transaction is expected to be conducted through a cash settlement and is of substantial value, with the sales amount at the higher end of the value range…

Equinor Bites Dust in North Sea Offshore Norway

Jan 11, 2024

Equinor’s exploration well 30/4-4 in the North Sea has come up dry, Norway’s regulator of the petroleum resources Norwegian Offshore Directorate has informed.The well was drilled about seven kilometers north of the Martin Linge field in the North Sea and 180 kilometers west of Bergen…

Nauticus Robotics Streamlines Business Ops

Jan 10, 2024

Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team.The new investment…

Valaris Nets Over $1B in Rig Contract Awards and Extensions

Jan 10, 2024

Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its drillships and jack-up rigs across the Americas, Europe and Australia.The $1.14 billion worth contracts were awarded in the last two months of 2023…

Verlume Granted Fit4Offshore Renewables Status

Jan 08, 2024

Scottish energy management and storage technologies specialist Verlume has achieved the ‘Granted' status from the Offshore Renewable Energy (ORE) Catapult’s Fit For Offshore Renewables (F4OR) program.Designed as a business improvement programme and to build energy sector specific capability…

Libra Consortium Reaches FID for Mero Field’s Innovative Subsea Tech

Jan 08, 2024

Libra Consortium has taken the final investment decision (FID) to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero 3 project in the Brazilian deep offshore pre-salt.The pilot unit, using a pioneer high pressure subsea separation technology (HISEP)…

Sabah Basin Multi-Client Seismic Project Secures Prefunding

Jan 08, 2024

Marine seismic company TGS, in cooperation with JV consortium partners PGS and SLB, has announced that prefunding has been secured to expand multi-client seismic data coverage in the Sabah Basin offshore Malaysia.The seventh phase of this multi-year project off the coast of Sabah encompasses over 5…

Petrofac Gets Multi-Million Contract from BP for West Africa Ops

Jan 08, 2024

Oilfield services company Petrofac has secured a four-year operations services contract from BP for its Greater Tortue Ahmeyim (GTA) natural gas project in Mauritania and Senegal.The multi-million-dollar Master Services Agreement covers a wide scope of services…

Noble and Petronas Agree Rig Swap Offshore Suriname

Jan 05, 2024

Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…

Tekmar Reels In $4.4M Offshore Wind Cable Protection Deal

Jan 04, 2024

Offshore services firm Tekmar Group has secured a contract to supply its cable protection system for an undisclosed offshore wind development.The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection…

Tracerco Wins Oil and Gas Inspection Contract in Gulf of Mexico

Jan 04, 2024

Tracerco has secured a million-dollar contract in the Gulf of Mexico which will see the business deploy its inspection technology across multiple oil and gas platforms.Under the contract, Tracerco will deploy its pipeline inspection technology…

Petronas Secures 20-Year Extension for Java Sea Operations

Jan 04, 2024

Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.Due to expire in 2028, the Ketapang PSC extension was officially…

TechnipFMC Bags $1B Contract with Petrobras

Jan 04, 2024

TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir…

Talos Starts Production from Two Wells in Gulf of Mexico

Jan 03, 2024

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…

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