Offshore

The Biden administration plans to offer hundreds of thousands of acres off the coast of Alaska for new oil and gas drilling next month, a sale mandated in Democrats’ Inflation Reduction Act to win the support of holdout West Virginia Senator Joe Manchin.

Subsea services provider DeepOcean said Monday it had secured substantial contracts with oil and gas companies Equinor, ConocoPhillips, and BP worth a total of NOK 2 billion ($201.8 million).

Perenco UK has signed a contract for a campaign of drilling operations using the Valaris 247 jack-up rig, the company announced on Monday.

Bumi Armada, international offshore energy facilities and services provider, has partnered with OPEX (an ERM Group Company) to drive down carbon emissions on its Armada Kraken FPSO facility, which serves the EnQuest-operated Kraken Field located in the northern North Sea.

Blue Ocean Seismic Services, the marine seismic survey disruptor, has successfully completed a series of passive and active seismic trials proving the quality of seismic data collection, putting the company on track to commence pre-commercial trials during the second half of 2023.

Namibia has updated rules for applicants searching for minerals in the southern African nation — where TotalEnergies SE and Shell Plc both discovered oil this year — to deter companies from selling licenses for a profit rather than exploring the blocks, a government official said.

JDR Cable Systems has commenced construction for its new state-of-the-art subsea cable manufacturing facility in Cambois, near Blyth, Northumberland. The £130 million ($155 million) project will deliver vital subsea cable manufacturing technology to the offshore wind market.

This first article of a three-part series introduces the basis and results of 30-year lifecycle operation simulations performed to compare a subsea (wet tree) hub and spoke scheme to a dry tree phased approach using Frontier’s concepts to develop major discoveries in the ultra-deep high-pressure Gulf of Mexico.

Equinor ASA will lead the development of the Irpa gas discovery in the northern reaches of the Norwegian Sea to unlock an estimated 20 billion standard cubic meters of recoverable reserves, Norway’s Petroleum and Energy Ministry said in a statement on Tuesday.

Subsea Integration Alliance, a non-incorporated tie-up between Subsea 7 and SLB's OneSubsea, has been awarded a contract by BP for its Cypre gas project offshore Trinidad and Tobago.

Offshore Energies UK (OEUK), the leading representative body for the UK’s offshore energy industry, latest insight report expects over two thousand North Sea wells involved in oil and gas extraction to be decommissioned at a cost of around $23.7 billion over the next decade.

Existing data is everywhere, and not often easy to consume. It can be found in different databases, projects, and directories. Interpreting newly acquired data can take weeks. The information needed to make the best decisions is either lost in a sea of data or comes after the window of opportunity for action has closed. SLB is changing the data workflow and digital operations are advancing to help customers make the right decisions, at the right time, with the right information. Digitally assisted operations with Wellbore on DELFI help customers make better decisions during or just after data acquisition, when these decisions count the most. With existing data, Wellbore on DELFI leverages the OSDU™ Data Platform to break down barriers between users and their data. Users quickly analyze data and select relevant wells for automated interpretation, conditioning, and better operational planning.

NORM Solutions, part of ASCO's environmental service division, has won multiyear contracts with four leading operators to provide safe management and decontamination of naturally occurring radioactive material on North Sea installations as they are decommissioned.

On Wednesday evening, Nov. 16, a celebration of 25 years of production from Hibernia oil field offshore Newfoundland and Labrador (NL) was held at the St. John’s Convention Centre. What follows are the comments delivered by Energy NL CEO Charlene Johnson.

The area of interest in the deep-water Orange Basin is located offshore between Port Nolloth and Hondeklip Bay, about 188 km (117 miles) from the coast at its closest point, in water depths of as much as 3,000 meters.

Offshore U.S. oil and natural gas installations are “at significant risk” of cyber-attack, according to a federal watchdog that warned of a potential disaster on par with the 2010 Deepwater Horizon blowout.

Offshore Energies UK, the leading representative body for the UK’s offshore energy industry, expects billions of pounds will be spent to decommission the infrastructure that has kept the UK’s energy flowing for the past 50 years, according to a report published by the group.

A milestone many never imagined feasible for the Hibernia project, the initiative that helped revolutionize the economy of Newfoundland and Labrador and created the province's oil industry, is commemorating 25 years of oil production.

Resoptima is partnering with Aker BP, Sval Energi and NORCE to develop specific solutions that will help reduce CO2 emissions associated with oil and gas asset development and production activities.

Waldorf is among several smaller companies seeking to acquire North Sea assets being offloaded by larger energy players, who are seeking to offload oil and gas exploration projects to raise money for renewable investments.

(WO) — The UK’s offshore industry will be hit hard by the chancellor’s latest tax changes, which threaten to drive out investors, drive up imports and leave consumers increasingly exposed to global shortages, Offshore Energies UK warned.