Offshore
News
November 27, 2024
With just four months to go until its first day in Madrid, Spain, World Oil’s/Gulf Energy Information’s MCEDD 2025 (March 25-27), The Deepwater Development Conference, is gaining momentum with a strong agenda featuring an impressive collection of participants and topics.
News
November 26, 2024
The contract, worth approximately $1.2 billion, covers the development of offshore facilities for natural gas production, CO2 capture, utilization, and storage (CCUS) as part of the Tangguh UCC project.
News
November 27, 2024
Norway's Shearwater Geoservices has received a letter of award from India's state-owned Oil & Natural Gas Corporation for a large 3D seismic survey off the east coast of India.
News
November 26, 2024
bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising energy demand in Asia.
News
November 25, 2024
(Bloomberg) - The U.K. government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the nation’s oil as well as two insurers involved in the trade.
News
November 25, 2024
Specialist provider of offshore support services, Interocean Marine Services, has been awarded a four-year extension to its frame agreement with multinational power company, Vattenfall.
News
November 29, 2024
McDermott has received the ISO 50001 certification for energy management at four of its major fabrication yards. These certified yards are integral to McDermott's engineering, procurement, construction, and installation (EPCI) services, enabling major offshore and onshore projects worldwide.
News
November 22, 2024
Electromagnetic Geoservices (EMGS) announced they have signed a contract with an undisclosed client for a controlled source electro-magnetic (CSEM) survey in India. The survey is expected to have a contract value of approximately USD 10 million, including mobilization fee.
News
November 22, 2024
Oil States has introduced an industry-first Low Impact Workover Package (LIWP). The LIWP is engineered to empower operators to safely and cost-effectively plug and abandon aging subsea wells while minimizing wellhead loads and streamlining operations.
News
November 22, 2024
ABS and the Korea Marine Equipment Research Institute (KOMERI) signed an agreement at Offshore Korea that establishes a framework for strengthening technology research and development in the shipbuilding and marine industries.
News
November 22, 2024
SBM Offshore has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions, and SBM expects to draw the loan phased over the construction period of the FPSO.
News
November 22, 2024
An influential forum of oil and gas operators with a vested interest in subsea operations is tackling the challenges of ageing offshore infrastructure through cross-industry collaboration.
News
November 21, 2024
Miros has launched its new wave and vessel motion prediction technology — PredictifAI, which delivers a monitoring solution that automatically adapts to varying sea and weather conditions.
News
November 21, 2024
Ocean services provider DeepOcean has been awarded its largest contract on record, a long-term subsea inspection, maintenance and repair (IMR) contract by Equinor. The eight-year contract will set a new benchmark for digitalized and environmentally friendly IMR operations.
News
November 21, 2024
From 2025-2029, Energy Maritime Associates (EMA) expects orders for 119 Floating Production Systems, with a Capital cost of $126 Billion, in its mid-case forecast. Over 70% of this investment would go towards the 54 FPSOs.
News
November 20, 2024
TGS announced today they have won a significant seismic survey/3D streamer contract for ONGC in the Mahanadi basin, offshore India. The Ramform Sovereign is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approximately six months.
News
November 20, 2024
(Bloomberg) – Exxon Mobil Corp. has withdrawn from an oil-exploration block off the coast of Suriname, not far from where it discovered more than 11 billion bbls in Guyanese waters. Exxon will transfer its 50% stake in the block to Malaysia’s Petronas, the project operator.
News
November 20, 2024
TDI-Brooks has completed work contracted by GeoPartners, on behalf of Staatsolie Maatschappij Suriname, to perform seep data acquisition, processing, interpretation and data management services (multibeam and coring) for the Suriname Seabed Piston Coring Project.
News
November 20, 2024
HSM Offshore Energy has successfully rolled out the THOR OHVS (Offshore High Voltage Substation) and lifted the GIS modules for RWE Renewables at its Schiedam yard in the Netherlands.
News
November 20, 2024
Awards for excellence in decommissioning were presented to CNOOC International and J+S Subsea at a celebratory dinner for more than 500 leaders of the North Sea specialist industry organised by OEUK as part of its annual Decommissioning Conference held in St Andrews, Scotland.
News
November 18, 2024
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geothermal Energy Utilization and Storage.
