The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved the Development Plan Amendment (DPA) for the Hebron Field.The Hebron oil field is located offshore Newfoundland and Labrador, Canada, in the Jeanne d'Arc Basin 340 kilometers southeast of St…
This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract…
Edda Wind announced it has entered into a green term loan facility agreement for the pre- and postdelivery financing of four new commissioning service operation vessels (CSOV) under construction at Vard.The agreement is a €161 million green…
Norwegian ship designer and builder Vard on Friday announced it has signed a contract to construct a cable laying vessel for an undisclosed customer. The value of the contract is between EUR 200 – 250 million.The vessel is designed by Norwegian company Salt Ship Design AS…
Australian regulator NOPSEMA has begun assessment of Woodside Energy’s environment plans for Julimar Development Phase 3 Drilling and Subsea Installation.The Julimar field is located in Western Australian waters about 170km north-west of Dampier…
On December 13, 193 blocks were auctioned in Brazil’s oil and gas licensing round, signaling strong optimism for the industry, according to Wood Mackenzie.Highlights from these bid rounds included:• The total amount in bonuses was US$85 million• 44 blocks were acquired in the Pelotas Basin…
Aker Capital AS has acquired 8,240,000 shares in Solstad Offshore ASA, at an average price of NOK 48.45 per share.Following the transaction, Aker Capital holds 27,089,493 shares in the company, corresponding to an ownership interest of approximately 32…
If there is anything that offshore ships, e.g. for the oil and gas industry have in common, it is the complexity. Think about an offshore support vessel, a platform supply vessel and a rig support vessel - all complex ships and often one offs…
A European project, led by one of Scotland’s leading tidal developers, has demonstrated that the cost of tidal energy could potentially be reduced by as much as 40 percent, and has produced findings that could redefine the boundaries on what can be achieved by tidal power globally…
Woodside Energy has reached agreement with three Australian maritime unions on the Australian crewing of an LNG vessel.The agreement with the Construction, Forestry and Maritime Employees Union – Maritime Union of Australia Division; the Australian Institute of Marine and Power Engineers…
The need for new gas supply in Western Australia (WA) is becoming increasingly urgent, says Australian Energy Producers (AEP) in a statement, warning the state and federal governments to unlock the state’s abundant reserves or face blackouts and higher prices…
COP28 has concluded with agreement on a text named The UAE Consensus that aims to set out a climate agenda to keep 1.5°C within reach. The UAE Consensus calls on parties to transition away from fossil fuels to reach net zero, encourages them…
Petrobras has acquired 29 blocks in the Pelotas basin in the fourth Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).Petrobras acquired blocks P-M-1739, P-M-1737 and P-M-1797 in partnership with CNOOC Petroleum Brasil and Shell Brasil Petróleo…
DOF Group announced it has struck a deal to charter a Jones Act-compliant offshore support vessel (OSV) for work in the U.S. Gulf of Mexico.The Norwegian-based company said it is time chartering Bordelon Marine's ultra light intervention vessel…
Integrated Wind Solutions (IWS) announced its IWS Fleet subsidiary has taken delivery of the new commissioning service operations vessel (CSOV) IWS Skywalker from shipbuilder China Merchants Industry Holdings Co., Ltd. (CMI).After transit to Europe…
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