Shell Offshore and Shell Pipeline Company (SPLC), subsidiaries of Shell, have completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of America through the acquisition of working interest from ConocoPhillips.Shell increased its stake in the Ursa platform from 45.3884% to 61.3484%, as part of the agreement first announced in February 2025.The acquisition…
Shell Offshore and Shell Pipeline Company (SPLC), subsidiaries of oil and gas major Shell, have signed an agreement with ConocoPhillips to increase the stake in the Ursa platform in the Gulf of America.Under the agreement, Shell will increase the stake in its operated Ursa platform…
Nevesbu, together with Iv, has developed a patented concept for a floating offshore substation (FOSS), which has already been tested at model scale at the Maritime Research Institute Netherlands (MARIN) in the Netherlands.The concept developed…
Floating offshore wind company X1 Wind has signed a memorandum of understanding (MoU) with mooring line manufacturer and cable developer FibreMax to boost performance of floating offshore wind solutions, with focus on tension leg platform (TLP) tendons…
Subsea7 in August announced it was awarded a 'sizable' contract, worth between $50 million and $150 million, to perform engineering, procurement, construction, and offshore installation (EPCI) work in the U.S. Gulf of Mexico.The company revealed…
Shell announced it will use water injection to enhance oil volume capacity at its deepwater Vito field in the U.S. Gulf of Mexico.The British multinational oil major on Wednesday said its Shell Offshore Inc. subsidiary has taken a final investment decision (FID) on the project…
SBM Offshore and Technip Energies have formally launched Ekwil, a 50-50 joint venture dedicated to floating offshore wind.Ekwil is a pure player delivery partner offering a diversified range of ‘series production’ floating offshore wind solutions…
NextFloat+ project, being developed by X1 Wind, Technip Energies and NextFloat Plus, has received a multi-million-dollar grant from the European Commission’s Innovation Fund to accelerate deployment of X1 Wind’s 6 MW pre-commercial floating wind platform…
MODEC and Toyo Construction have jointly secured an approval in principle (AiP) from ClassNK for floating structure and tether system with tether pile foundation for tension leg platform (TLP)-type floating offshore wind turbine.The acquisition…
Shearwater GeoServices has secured two 4D monitoring projects from Equinor for the Mariner field in the UK North Sea and the Heidrun field in the Norwegian Sea offshore Norway.Shearwater will deploy its Isometrix technology for both surveys…
Marine Power Systems is collaborating with cable manufacturer FibreMax to provide integrated floating foundation and tendon solutions to the growing floating offshore wind sector.The tendon solution will be used in the anchoring and moorings of Marine Power Systems tension leg platform (TLP)…
Audubon has won a contract with Shell Offshore to provide brownfield engineering and procurement (EP) services support for Shell’s Mars Corridor in the U.S. Gulf of Mexico.The contract covers Shell’s offshore platforms in the U.S. Gulf including its Mars…
Japanese companies JERA, MODEC, Toyo Construction, and Furukawa Electric have received a notice of acceptance of their joint grant application, under the Green Innovation Fund program of NEDO, to conduct a project to develop cost-reducing technology…
A U.S. Coast Guard investigation into a fatal lifeboat drill accident has resulted in 10 safety and eight administrative recommendations, the agency announced.In July 2019, two people were killed and another was injured while testing lifeboats…
American Bureau of Shipping has further developed its approach to aging offshore assets with the publication of the Guide for Life Extension of Floating Production Installations.ABS said that the guidance supported operators looking to extend…
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