Offshore Activity - page 89


Tyra II: Reaching Full Technical Capacity Delayed as Equipment Repair Works Begin

May 06, 2024

The technical issue, which has temporarily impacted the commissioning of the facilities at Denmark’s largest offshore gas development, has been identified with repair works currently ongoing as the timeline for reaching Tyra II full technical capacity gets delayed for the third quarter of 2024…

BP-Eni JV Azule Inks Deal for Namibia Offshore License

May 03, 2024

A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday.The agreement is Azule Energy's first investment in Namibia. Azule…

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

May 03, 2024

The North Sea Transition Authority (NSTA) has offered further 31 exploration licenses in the latest phase of the U.K.'s 33rd oil and gas licensing round.A total of 82 offers to 50 companies have now been made in the round which attracted 115 bids from 76 companies across 257 blocks and part-blocks…

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

May 03, 2024

Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Galleon. The aim of the deployment is to support energy security in Egypt…

BW Offshore Concludes Sale of FPSO Polvo

May 03, 2024

Oslo-listed FPSO leasing company BW Offshore has completed the sale of its laid-up FPSO Polvo to BW Energy.The agreed price was $50 million, for which BW Energy $30 million upon the vessel transfer date, with the remaining $20 million provided as a seller’s credit by BW Offshore…

Van Oord’s Heavy-Lift Installation Vessel Gets Major Upgrade

May 03, 2024

Van Oord’s Svanen vessel has received a major upgrade which increased its total height to 125 meters, making it one of the largest heavy-lift vessels in the world suitable for handling the next generation of monopile foundations for offshore wind…

California’s First Floating Wind Project Steps Closer to PPA

May 03, 2024

CADEMO Corporation, established by Floventis, and California Community Power (CC Power) have signed a memorandum of understanding (MoU) to facilitate the development of the 60 MW floating wind project off the California coast.The MoU is intended…

Apollo Secures $12.5M Contract for INEOS’ Hejre Project

May 03, 2024

Engineering and energy consultancy Apollo has been awarded the project management consultancy (PMC) contract for INEOS E&P's Hejre project in the North Sea.The 4-year Hejre project entails the development of a greenfield platform, subsea infrastructure…

ExxonMobil Pushing Forward with Mozambique LNG Project

May 03, 2024

ExxonMobil is 'optimistic and pushing forward' with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.ExxonMobil and its…

Hitachi, Chantiers de l'Atlantique Sign $4.8B Deal for French Offshore Substations

May 03, 2024

France's energy grid operator RTE has signed a $4.8 billion contract with Hitachi Energy and Chantiers de l'Atlantique for the construction of several offshore power platforms and converter stations for two offshore wind farms to be built in France…

LLOG Spuds Who Dat East Well in US Gulf of Mexico

May 03, 2024

Oil company LLOG has started drilling the Who Dat East exploration/appraisal well in U.S. Gulf of Mexico, using Noble Corporation’s Noble Valiant drillship.The drilling operations on the Who Dat East well started on April 27, 2024, according to Karoon Energy…

MODEC Completes GHG Emissions Quantification Project for FPSOs in Brazil

May 02, 2024

MODEC and JGC Corporation have completed a project to measure and quantify emissions of methane and other greenhouse gases from the FPSOs off the coast of Brazil which are chartered and operated by MODEC.It is the first time that Japanese companies…

Chouest Expands Subsea Capabilities with ROVOP Acquisition

May 02, 2024

The Chouest group has acquired ROVOP, a Scottish remotely operated vehicle (ROV) company, expanding its ROV fleet and subsea capabilities.With the ROVOP acquisition, Chouest, alongside its subsea service company C-Innovation, will now control…

Subsea7 and Equinor Strengthen Collaboration, Agreeing Work on Two Fields

May 02, 2024

Subsea7 has signed a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance, which comprises Subsea7 and OneSubsea, securing exclusive collaboration on the Wisting field offshore Norway, and Bay du Nord…

CIP Bags Two Licenses for 4.4GW Offshore Wind Farms in Australia

May 02, 2024

Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Funds, has been awarded two licenses for the development of offshore wind projects in Australian state of Victoria, whose combined capacity is up to 4.4 GW.CIP has secured exclusivity…

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