Offshore News


Equinor Sells Nigerian Business to Chappal Energies

Nov 29, 2023

Equinor and Chappal Energies have entered into an agreement for the sale of Equinor Nigeria Energy Company (ENEC), which holds a 53.85% ownership in oil and gas lease OML 128, including the unitised 20.21% stake in the Agbami oil field, operated by Chevron…

Gazelle Wind Power Appoints U.S. Wind Finance Pioneer as CFO

Nov 29, 2023

Floating platform developer Gazelle Wind Power has appointed clean energy finance industry expert Álvaro Ortega as Chief Financial Officer (CFO).Ortega is the former Vice President of Finance at Avangrid Inc., a publicly traded company on the NY Stock Exchange and the U…

Gulf Island Receives Multiple Subsea Fabrication Awards

Nov 29, 2023

Gulf Island Fabrication, Inc. has been awarded multiple subsea fabrication projects from a leading integrated subsea engineering, procurement, construction and installation (EPCI) company.The projects consist of procurement, fabrication, coating…

Emissions-Free Power Supply Expected to Rise to 85% by 2030 in Europe

Nov 29, 2023

The European power market will see its carbon intensity plummet as the region pursues ambitious climate-energy policies, but flexibility is key to enable this change, according to Peter Osbaldstone, Research Director, Europe Power & Renewables at Wood Mackenzie…

Webinar: How to Overcome Dynamic Emulsion Layer Measurement Challenges

Nov 29, 2023

Asian Oil & Gas (AOG) is hosting a webinar on the groundbreaking patents that are pushing multiphase detection, measurement, and control technology forward.Throughout the oil and gas and petrochemical industries, liquid-to-liquid separation is a fundamental process…

Saipem Inks $1.9B in Contracts

Nov 29, 2023

Saipem won two offshore contracts, one in Guyana and the other in Brazil, worth approximately $1.9 billion.The first contract has been awarded by ExxonMobil’s subsidiary ExxonMobil Guyana Limited for the proposed Whiptail oilfield development located in the Stabroek block offshore Guyana…

European Commission Adopts its Sixth List of Projects of Common Interest

Nov 28, 2023

The European Commission has adopted the sixth list of Projects of Common Interest(PCIs). The list consists of 166 infrastructure projects: over half (85) are electricity, offshore and smart electricity grid projects, and 14 CO2 network projects are included…

Axess Technologies Secures Caisson Replacement Contract with Equinor

Nov 28, 2023

Axess Technologies has signed a caisson replacement contract with Equinor for Oseberg C platform located in the North Sea.Through a study conducted earlier in 2023, it was determined that the replacement method would be similar to that done on the Brage platform in 2018…

Shell Authorizes Construction Work on Manatee Gas Field

Nov 28, 2023

Shell has authorized contractor McDermott International to start engineering work on its Manatee gas field development project off Trinidad and Tobago's east coast, the contractor disclosed on Tuesday.Trinidad is Latin America's largest LNG exporter…

UK Offshore Wind and CCS Colocation Projects Underway

Nov 27, 2023

The UK Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum, set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects. The projects are designed…

Environmentalists Ask Court to Block Development of Three North Sea Fields

Nov 27, 2023

Environmental groups on Tuesday will ask a Norwegian court to block the development of three North Sea oil and gas fields, citing insufficient assessment of global climate impact from future petroleum use.The lawsuit filed by Greenpeace and…

NOV Launches Floating Wind Installation Vessel Concept

Nov 27, 2023

NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector.Floating wind farms are often farther offshore, in deeper waters and in harsher environments…

KenzFigee Secures Contract from Aker Solutions

Nov 27, 2023

Lifting specialist KenzFigee has signed a contract with Aker Solutions for the supply of an offshore pedestal crane destined for the Norfolk Vanguard West offshore wind farm developed by Vattenfall.The delivery involves an electric hydraulic box boom offshore Ram Luffing 2400 type with a SWL of 20t…

Nordic Countries Agree on Joint CCUS Initiatives

Nov 27, 2023

Denmark, France, Germany, Sweden and the Netherlands have signed the Aalborg Declaration that aims at joint European cooperation on CO2 capture, use and storage (CCUS).CO2 capture, use and storage must be scaled up, both nationally and at European level…

The $1 Billion Offshore Wind Prize for US Shipyards

Nov 27, 2023

The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance.…

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