The Norwegian Ministry of Energy has offered 37 bocks in the Barents Sea and the Norwegian Sea as part of its annual licensing round for predefined areas (APA), which give oil companies the opportunity to gain access to attractive acreage in the mature areas of the Norwegian shelf…
The onshore tests for the PosHYdon project, which aims to produce green hydrogen on an operational gas platform in the Dutch North Sea, have started in the Netherlands.The PosHYdon pilot kicked off the onshore test successfully at the premises of InVesta…
Eldfisk North project, operated by ConocoPhillips at the Greater Ekofisk Area in the North Sea, has achieved first oil production.In December 2022, the Norwegian authorities approved the Eldfisk North Plan for Development and Operation with…
Norwegian shipbuilder Vard has hired TMC Compressors (TMC) to supply a complete marine compressed air system to a newbuild cable laying vessel being built for Prysmian.Under the contract, whose value was not disclosed, TMC will deliver a marine…
DNV has released its latest standard, DNV-ST-F207 for hybrid thermoplastic composite flexible pipes (TCPs), which facilitates the integration of innovative technologies like carbon fiber armor into flexible riser designs to enhance efficiency and reliability for deepwater projects…
Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has been awarded three well services contracts in Malaysia, increasing its market share in the Asia Pacific region.The company has won two contracts…
Bluestone Group, a maritime technical services company, has secured a contract for plan approval and site supervision of two new cutting-edge cable-laying vessels operated by Prysmian.The two new cable-laying vessels, the first of which is under construction and the second under design…
Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil.The financing will…
German energy giant RWE has signed framework agreements with Hitachi Energy and Aibel for the joint supply of three high-voltage direct current (HVDC) systems for its offshore wind farms.The agreements are long-term in nature as the secured…
French marine seismic firm CGG has signed a memorandum of understanding (MoU) with U.S. energy services giant Baker Hughes to facilitate the parties exploring jointly offered carbon capture and storage (CCS) solutions.The collaboration and proposed…
Promethean Energy, an oil and gas company focused on stewarding mature assets, has started work on the temporary abandonment of nine orphan wells in the Matagorda Island lease area in the Gulf of Mexico on behalf of the U.S. Federal government…
Norwegian oil and gas company Vår Energi has sold stakes in five oil and gas fields in the Norne area in the Norwegian Sea for $51 million to DNO Norge, which in turn will transfer its stake in the Ringhorne East unit to Vår Energi.The transaction…
Offshore drilling contractor Seadrill on Tuesday announced it has secured new contract awards for two of its drillships.The West Capella secured a one-well contract in South Korea, with an estimated duration of 40 days, valued at approximately $32 million…
The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design…
BP is considering a 2025 financial greenlight decision for its Tiber offshore oil project in the U.S. Gulf of Mexico, an executive said on Tuesday at an offshore energy conference in Houston.The company's U.S. Gulf of Mexico output last year averaged 300…
Subscribe
