Offshore News

 

Petrobras Eyes Exploration Opportunities in India

Apr 10, 2025

Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday.Petrobras has already collected data…

Subsea7 Secures Contract Extension for Seven Viking Subsea Vessel

Apr 10, 2025

Eidesvik Seven Chartering, a joint venture company between Subsea7 and Eidesvik Offshore, has entered into an agreement with Subsea7 to extend the contract for the subsea vessel Seven Viking.Subsea7 declared the remaining option for 2026 and…

OEG Unveils Geometry Assurance Software for Ships and Subsea Vessels

Apr 09, 2025

OEG Energy Group (OEG) has officially unveiled GEOBASE, an offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software…

DOF Gets Subsea Mooring Installation Job in Asia Pacific

Apr 09, 2025

Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for moorings and installation subsea services…

DEME to Buy Havfram in $985M Deal

Apr 09, 2025

Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contractor based in Norway, in a deal worth $985.5 million.The strategic acquisition aligns with DEME's ambition…

Eni to Invest $26 Billion in North Africa

Apr 08, 2025

Italian energy group Eni will invest around 24 billion euros ($26.24 billion) in Algeria, Libya and Egypt over the next four years to help boost energy production, CEO Claudio Descalzi said on Tuesday.The investments would coincide with the…

Libya's Mellitah Ready to Drill

Apr 08, 2025

Libya's Mellitah Oil and Gas Company said on Tuesday Norwegian contractor Borr Drilling's Vali rig will start drilling eight offshore gas wells for the group soon, with the aim of producing 160 million cubic feet of natural gas per day.Mellitah…

Mozambique Approves Eni's Coral Norte FLNG Plan

Apr 08, 2025

Mozambique on Tuesday approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision.According to a government statement, the plan will see the production of 3…

US Revokes Licenses for Trinidad-Venezuela Gas Projects

Apr 08, 2025

The United States has revoked two licenses it had granted in recent years for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela, the Caribbean country's prime minister, Stuart Young, said on Tuesday.Trinidad…

Wood Mackenzie Slashes Five-Year US Wind Energy Outlook

Apr 08, 2025

A prominent energy research firm slashed its five-year outlook for new U.S. wind energy projects by 40% on Tuesday, citing Trump administration policies and concerns about the economy.Wood Mackenzie expects the United States to install 45.1GW of wind…

Petrobras to Tender for New FPSO at Buzios

Apr 08, 2025

Brazilian oil company Petrobras is set to hold a tender for a new production vessel for the country's pre-salt Buzios field in 'the next few months,' the state-run firm told Reuters on Tuesday.Reuters reported earlier in the day, citing sources familiar with the matter…

WindPort, Port Esbjerg Team Up for Norwegian Offshore Wind

Apr 08, 2025

One of the world’s largest base ports for offshore wind activities Port of Esbjerg and Norwegian port operator WindPort have entered into a strategic partnership to accelerate offshore wind development in Norway.The partnership focuses on joint…

Stillstrom and Panama Canal to Explore Offshore Charging Technology

Apr 07, 2025

Stillstrom by Maersk and the Panama Canal Authority (ACP) have signed a Memorandum of Understanding (MOU) to explore the implementation of Stillstrom’s offshore charging technology to reduce emissions from vessels idling in and around the Panama Canal…

US Offshore Wind Projects Slow

Apr 06, 2025

Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump's administration.Offshore wind was a key pillar of former President…

Petrobras Completes Veterinary Center Required for Offshore License

Apr 06, 2025

Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday.The animal care center in the town of Oiapoque…

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