Offshore News

 

Well Intervention Market Overview

4 hours ago

The well intervention market is a niche one, with only a few main players – including Helix/Well Ops, Island Offshore, AKOFS Offshore and Siem Offshore – and only three key geographical regions; Northwest Europe, South America and the US Gulf of Mexico.Unsurprisingly then, the fleet operates in regions with high numbers of installed subsea wells, particularly those with aging installations.Regions seen with potential developing well intervention markets include West Africa and Australia…

PHOTO: Saitec's BlueSATH Floating Wind Platform Installed in Spain

6 hours ago

Saitec Offshore Technologies' BlueSATH floating wind platform has been installed and commissioned in its final deployment site in El Abra del Sardinero, Santander, Spain. The BlueSATH was towed from Astander's Dock Pontejos towards its destination 800 meters away off the Cantabrian coast…

Orca to Provide Dive System Support for Well-Safe Guardian

7 hours ago

Well-Safe Solutions, a UK-based company specializing in P&A services, has awarded Orca Oceanic Systems a contract for the provision of Dive System Support and Engineering Services onboard its Well-Safe Guardian semi-submersible decommissioning rig…

Petronas, FASTsubsea Working on 'Low-cost' Subsea Multiphase Pump

7 hours ago

Petronas Research, a subsidiary of the Malaysian oil and gas giant Petronas, has joined a joint industry project to develop and test a low-cost, topside-less subsea multiphase pump.The company has signed a contract with FASTsubsea, a joint venture between Aker Solutions and FSubsea…

PHOTO: First Moray East Offshore Substation Installed

9 hours ago

The first of three offshore substations has been installed at the Moray East Offshore wind farm site in the UK, Moray Offshore Windfarm (East) Ltd said Monday.The 950MW wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL)…

Solstad Nabs More Work for Offshore Vessel Trio in Australia

9 hours ago

Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…

NKT to Deliver Power Cable System for BorWin5

10 hours ago

Power cable supplier NKT has said it has been awarded a turnkey contract of 'below' EUR 250m (around $294,5) by TenneT to deliver and install a high-voltage direct current XLPE power cable system for the BorWin5 offshore wind project in Northern Germany…

Rovco to Survey Proposed 96MW Floating Wind Farm Site

11 hours ago

Subsea survey services and ROV provider Rovco has won a contract to carry out survey work on Erebus, a planned 96MW offshore floating wind farm 45 km off the coast of Pembrokeshire, in the southwest of Wales.Rovco said Monday that Blue Gem Wind…

Ocean Installer Names Director to Lead Offshore Wind Branch

12 hours ago

Norwegian offshore installation contractor Ocean Installer has established a new business branch called 'developer of offshore wind,' and has appointed Olav Hetland as Director Offshore Wind Farms.Ocean Installer said the formation of the new…

Stena Carron Drillship Set to Begin Drilling at Kaieteur Block, Offshore Guyana

13 hours ago

U.S. oil major ExxonMobil is set to begin drilling at the Kaieteur Block offshore Guyana, hoping to replicate successes made in the adjacent Stabroek block where it has made more than 16 discoveries.Westmount Energy, which indirectly owns a share in the Kaieteur Block…

Time for an Intervention?

Aug 10, 2020

Just as the oil and gas industry was starting to get back on its feet, COVID-19 and plummeting oil prices have affected the market across the board, including well intervention. But players in this space are optimistic, with new vessels and…

Equinor's Incoming CEO Wants to Be Best in Offshore Oil, Gas

Aug 10, 2020

Anders Opedal, who on Monday was named Equinor's new chief executive, said he wanted the Norwegian oil company to be both best in offshore oil and gas and at the same time have higher climate targets and develop new low-carbon solutions.'I want Equinor to be best in offshore oil and gas…

INTERVIEW: Kris Kydd, Head of Robotics, at Total E&P UK; Total’s “Stevie the Robot”

Aug 10, 2020

Total has been working on robotics for some years now, having launched the Argos challenge in 2013 and now getting ready to put the Taurob designed Stevie robot through its paces in a trial at Shetland Gas Plant. We spoke with Kris Kydd, Head of Robotics…

Nigeria: FPSO Workers Released after Kidnapping

Aug 07, 2020

Offshore workers kidnapped from an FPSO offshore Nigeria in an armed pirate attack in July, have been released, the owner of the floating production unit said Friday.In an incident that occurred on July 2, nine Nigerian crew members aboard the BW Offshore-owned Sendje Berge FPSO were kidnapped…

DOF Subsea Wins 'Key Award' with Chevron in Australia

Aug 07, 2020

Oslo-listed subsea services and vessels company DOF Subsea has been awarded an IMR Services contract with Chevron in Australia. It has also won a moorings replacement deal in Southeast Asia.DOF Subsea will support Chevron's North-West Shelf and near-shore subsea assets in Australia with DP Vessels…

Current News

Well Intervention Market Overview

Well Intervention Market Overview

PHOTO: Saitec's BlueSATH Floating Wind Platform Installed in Spain

PHOTO: Saitec's BlueSATH Floating Wind Platform Installed in Spain

Orca to Provide Dive System Support for Well-Safe Guardian

Orca to Provide Dive System Support for Well-Safe Guardian

Petronas, FASTsubsea Working on 'Low-cost' Subsea Multiphase Pump

Petronas, FASTsubsea Working on 'Low-cost' Subsea Multiphase Pump

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