Offshore Energy News


SubCtech, Mocean Energy Team Up for Zero-Carbon Solution for Subsea Applications

Sep 03, 2024

Mocean Energy and SubCtech have joined forces to explore how wave and solar generation can be coupled with batteries to deliver continuous low carbon power and communications to a range of subsea technologies.Scottish ocean energy pioneers Mocean…

NKT Wraps Up Work on Shetland Renewables Interconnector

Sep 02, 2024

Danish subsea cable and services firm NKT, in close collaboration with SSEN Transmission, has completed the turnkey project of connecting the Shetland Islands to the main grid in Scotland with the Shetland HVDC Link.The 320 kV HVDC interconnector…

BOEM Announces New Rules for Protection of Shipwrecks

Aug 31, 2024

The US Bureau of Ocean Energy Management (BOEM) has finalized new regulations to better protect shipwrecks and other cultural resources on the seabed from potential harm due to offshore oil and gas activities.The final rule requires lessees…

Trinidad and Venezuela Set to Launch Seismic Survey at Joint Gas Fields

Aug 30, 2024

Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country's energy minister Stuart Young said on Friday on social media.Venezuela in July issued a 20-year license…

Inertial Navigation System to Boost Wind Turbine Installation Precision

Aug 28, 2024

Manufacturer of advanced inertial navigation systems (INS), Exail, has secured a contract to supply three Hydrins INS to Pliant Offshore, an offshore measurement specialist.The units will be integrated into Pliant Offshore’s installation measurement…

TGS and Petrobras Enter Tech and Research Partnership

Aug 27, 2024

Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil.Under the memorandum of understanding (MOU)…

Phoenix Divers Complete Underwater Inspection at Talos' Thunderhawk Platform

Aug 23, 2024

A commercial dive crew from Phoenix International Holdings recently completed an underwater inspection in lieu of drydocking (UWILD) for Talos Energy on the Thunderhawk platform at MC-736-A in the Gulf of Mexico.Using a deep air package and a dive crew consisting of six divers…

Deepsea Technologies Bags Subsea Equipment Order

Aug 23, 2024

Deepsea Technologies Inc. announced it was recently awarded a contract to supply subsea distribution equipment for an independent operator in the Gulf of Mexico.Deepsea Technologies said it will supply subsea distribution equipment including multiple subsea umbilical termination assemblies…

The Mounting Offshore Oil & Gas Decommissioning Cost

Aug 22, 2024

The safe, timely and cost-efficient decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the liability currently stands at over $300 billion (real terms), and this will only…

North Sea O&G Licences Trigger Oceana UK Legal Action

Aug 22, 2024

Britain's decision to issue dozens of new oil and gas exploration licences is being challenged in court by a marine conservation organization, which argues ministers unlawfully failed to consider the impact on marine life.Oceana UK is taking…

Norway Eyes Increased Oil and Gas Exploration Through 2050

Aug 21, 2024

According to the Norwegian Offshore Directorate's projected scenarios leading up to 2050, the difference between high and low production of oil and gas can amount to nearly an entire government pension fund.Norway still has extensive oil and gas resources on the Norwegian continental shelf (NCS)…

First Oil from Norway's Balder X Delayed ... Again

Aug 21, 2024

Norway's Vaar Energi has again postponed the startup of its North Sea Balder X oil and gas project, planning to begin output in the second quarter of 2025 rather than by the end of this year, the company said on Wednesday.Plagued by cost overruns and delays…

Hess Guyana's Value is Central to Exxon Mobile Spat

Aug 20, 2024

An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess…

A Hydrogen Balancing Act in Offshore Energy

Aug 19, 2024

The intermittency of offshore wind power is both a challenge and an opportunity for green hydrogen production.  There will be a new generation of platforms taking up space in offshore wind farms as hydrogen production is used to help balance power supply and demand…

New Project Marks Tipping Point for Subsea Electrification

Aug 18, 2024

OneSubsea™, an SLB joint venture, recently announced a contract award for its all-electric subsea production system, and John Macleod, vice president of technology and strategy at SLB OneSubsea, sees it as the onset of a tipping point.“Large…

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