Latest News - page 68


Technip Energies Concludes Work at UAE’s Umm Lulu Project

Jul 29, 2024

Technip Energies has met all its contractual obligations for the engineering, procurement and construction (EPC) work for the second phase of Umm Lulu project, being developed 40 km offshore Abu Dhabi in United Arab Emirates.Abu Dhabi Marine…

OEG Acquires Offshore Wind O&M Specialist

Jul 29, 2024

OEG Energy Group has completed the acquisition of Offshore Painting Services (OPS Wind), a provider of specialist operations and maintenance (O&M) and training services to the offshore wind sector.OPS Wind has its head office in Liverpool with a regional office in Llandudno…

BP Hires Subsea7, SLB’s OneSubsea Alliance for Murlach Oil and Gas Job

Jul 29, 2024

Subsea Integration Alliance, a global alliance between Subsea7 and SLB’s OneSubsea, has secured a ‘sizeable’ contract from BP for the engineering, procurement, construction and installation (EPCI) of subsea pipelines and production systems at Murlach development in the North Sea…

TotalEnergies and QatarEnergy Exit Offshore Blocks in South Africa

Jul 29, 2024

TotalEnergies has decided to withdraw from two oil and gas blocks offshore South Africa, with its partner in one of the blocks QatarEnergy also announcing its exit from the development.Following the decision of the partner CNRI to withdraw its 20% stake from Block 11B/12B…

Esgian Week 30 Report: New Deals for Valaris, Noble and Transocean

Jul 28, 2024

Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17…

Baker Hughes Bets on Foreign Demand

Jul 28, 2024

Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in the region.However, the company raised its full-year revenue and profit estimates…

Petrobras Bids for Galp's Oil Field in Namibia

Jul 28, 2024

Brazil's state-run oil firm Petrobras has made a non-binding offer to buy a major stake in Galp Energia's huge offshore oil discovery in Namibia, Petrobras exploration and production director Sylvia dos Anjos told Reuters on Friday.If accepted…

Hornbeck Offshore Installs New DP Simulator

Jul 26, 2024

Hornbeck Offshore said it has installed a dynamic positioning (DP) simulator that provides an interactive and immersive training experience for current and future mariners who serve in DP officer (DPO) roles.The Wärtsilä NaviTrainer Professional…

US Opens Bidding for Offshore Wind Acreage off Texas

Jul 26, 2024

The U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer Hecate Energy Gulf Wind LLC made an unsolicited bid.The administration…

Borr Drilling Scoops $332M in Three Jack-Up Rig Contracts

Jul 26, 2024

Offshore drilling contractor Borr Drilling has secured contracts for three of its premium jack-up drilling rigs, which will be put to work in Brazil, Malaysia and Gabon.These contract and extensions for Borr Drilling’s Arabia I, Gunnlod and Norve jack-ups cover a total of 1…

Twin Brothers Marine Assists US Northeast Coast Offshore Wind Development

Jul 26, 2024

Twin Brothers Marine (TBM) has joined a major infrastructure development project to support multiple renewable energy initiatives along the Northeast Coast, including offshore wind.The project will involve the fabrication and delivery of 3,000 tons of structural components…

US Launches $50M Offshore Wind R&D Call

Jul 26, 2024

The U.S. Department of Energy’s (DOE's) Wind Energy Technologies Office (WETO) has issued the Offshore Wind National and Regional Research and Development Funding Opportunity, which will award $48.6 million for projects that address several major areas of need for offshore wind…

Irish Company Deploys Utility-Scale Wave Energy Device Off Hawaii

Jul 26, 2024

Ocean Energy USA, a subsidiary of Irish-based Ocean Energy, has deployed its 1.25 MW-rated wave energy device at the US Navy's Wave Energy Test Site (WETS) in Hawaii.The 826-ton wave energy device, dubbed OE-35, will be connected to the Hawaiian electricity grid by subsea cable in the coming weeks…

TSC Subsea to Conduct Subsea Inspections Offshore Brazil

Jul 26, 2024

TSC Subsea has secured a contract with a major operator for the subsea inspection of insulated flexible pipes in the pre-salt region offshore Brazil.The multi-year contract will enable the company to deliver continuous inspection services to the unnamed client from 2024 to 2026…

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

Jul 26, 2024

Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by Petronas, through Malaysia Petroleum Management…

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