News
November 22, 2023
(WO) — BW Energy has finalized the acquisition of the FPSO Cidade de Vitoria from Saipem S.p.A. The FPSO, currently yielding approximately 10,000 barrels per day from the Golfinho field offshore Brazil, is under the operational umbrella of BW Energy's local operating organization.
News
November 22, 2023
(WO) — Celebrating excellence in offshore decommissioning, the OEUK Awards announced the industry leaders on Nov. 21 during a grand gala at the annual Decommissioning Conference in St. Andrews.
News
November 21, 2023
(WO) — McDermott has been awarded a sizeable engineering, procurement, removal and disposal contract by Santos. The offshore decommissioning award is for the full removal and disposal of the Campbell platform structure, which is part of the Varanus Island Hub offshore infrastructure in Western Australia.
News
November 21, 2023
(WO) — Sparrows Group, a global maintenance and engineering services specialist, has secured a significant contract to provide crane maintenance services for the ExxonMobil PNG LNG project.
News
November 21, 2023
Each wind turbine at the Hywind Tampen offshore park weighs as much as the Statue of Liberty and is linked to the seabed using powerful suction anchors. For Equinor ASA, the state-owned oil and gas giant that built them, they’re part of a bigger plan to use electricity to slash the carbon footprint of its product.
News
November 21, 2023
(WO) — Shutting down obsolete North Sea energy installations is a business opportunity worth more than £20 billion ($25 billion) over the next decade, according to calculations by Offshore Energies UK (OEUK).
News
November 21, 2023
(WO) — OneNexus, a provider of innovative financial solutions for the oil and gas industry’s decommissioning obligations, introduces its life insurance-like product, OneNexus WellSecure.
News
November 20, 2023
The U.S. Coast Guard is still trying to find the source of an oil leak estimated to have dumped 26,000 barrels of crude oil into the Gulf of Mexico off the coast of Louisiana.
News
November 20, 2023
Subsea7 has been awarded a sizeable contract by Shell for the decommissioning of subsea infrastructure associated with the FPSO Fluminense in the Bijupirá and Salema fields of the Campos Basin, at 700m (2,296 ft) water depth, the company said on Nov. 20.
News
November 19, 2023
(WO) — As a result of the order issued by the United States Court of Appeals for the Fifth Circuit on Nov. 14, 2023, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261 for Dec. 20, 2023.
News
November 19, 2023
(WO) — PT Pertamina (Persero) reaffirms its commitment to lead Indonesia's decarbonization efforts through a $2 billion collaboration with ExxonMobil. The companies have partnered to develop a carbon capture storage (CCS) hub in the Java Sea with a capacity of up to 3 gigatons of CO2.
News
November 19, 2023
Tokyo Gas Co. will invest in a $3.8 billion offshore wind fund set up by U.K.-based Octopus Energy Group Ltd., the Japanese city gas provider said.
News
November 19, 2023
(WO) — Dana Petroleum and NEO Energy have announced the signing of a sale and purchase agreement under which NEO Energy will acquire Dana’s full equity in the Western Isles FPSO.
News
November 19, 2023
Labour has pledged to create a £2.5 billion ($3.1 billion) fund for companies creating clean tech jobs in hydrogen, offshore wind and carbon capture and storage around the North Sea as leader Keir Starmer tries to win votes in Scotland.
News
November 19, 2023
Japanese companies are dropping out of offshore wind projects in Taiwan, one of fastest growing markets for the technology, as rising costs and worsening delays plunge the industry into deeper trouble worldwide.
News
November 17, 2023
(WO) — CNOOC Ltd. has announced the safe commencement of production at the Payara Project in the Stabroek Block offshore Guyana. The project, equipped with one FPSO and 41 subsea wellheads, represents a significant milestone for the partnership and production growth of the Stabroek Block.
News
November 16, 2023
(WO) — CNOOC Ltd. has initiated production at the Bozhong 19-6 condensate gas field development project in the central Bohai Sea.
News
November 16, 2023
(WO) — Odfjell Drilling Ltd. has announced that Equinor has exercised options for seven wells to extend the use of the Deepsea Aberdeen on the Breidablikk field.
News
November 16, 2023
(WO) — CGG, in association with PETRONAS, has announced the start of the Selat Melaka 2D multi-client seismic program over the Langkasuka Basin offshore Malaysia. Located in the Malacca Strait, the project has received industry funding and will deliver early products in December 2023 and final results in August 2024.
News
November 15, 2023
A federal appeals court ordered the Biden administration to sell drilling rights in the Gulf of Mexico within 37 days, a defeat for environmentalists who argued oil leasing and development in the region imperil a critically endangered whale.
News
November 15, 2023
(WO) — Offshore Energies UK (OEUK), the leading representative body for the UK’s offshore energy industry, will publish its annual Decommissioning Insight report next week.
