Offshore Energy News


Petrofac Gets Multi-Million Contract from BP for West Africa Ops

Jan 08, 2024

Oilfield services company Petrofac has secured a four-year operations services contract from BP for its Greater Tortue Ahmeyim (GTA) natural gas project in Mauritania and Senegal.The multi-million-dollar Master Services Agreement covers a wide scope of services…

Noble and Petronas Agree Rig Swap Offshore Suriname

Jan 05, 2024

Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…

Tekmar Reels In $4.4M Offshore Wind Cable Protection Deal

Jan 04, 2024

Offshore services firm Tekmar Group has secured a contract to supply its cable protection system for an undisclosed offshore wind development.The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection…

Tracerco Wins Oil and Gas Inspection Contract in Gulf of Mexico

Jan 04, 2024

Tracerco has secured a million-dollar contract in the Gulf of Mexico which will see the business deploy its inspection technology across multiple oil and gas platforms.Under the contract, Tracerco will deploy its pipeline inspection technology…

Petronas Secures 20-Year Extension for Java Sea Operations

Jan 04, 2024

Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.Due to expire in 2028, the Ketapang PSC extension was officially…

TechnipFMC Bags $1B Contract with Petrobras

Jan 04, 2024

TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir…

Talos Starts Production from Two Wells in Gulf of Mexico

Jan 03, 2024

U.S. oil and gas company Talos Energy has started oil and gas production at Lime Rock and Venice discoveries, located near its Ram Powell platform in the U.S. Gulf of Mexico.The Lime Rock and Venice wells were brought safely online in late December…

Ocean Installer Grabs Major Contract for TotalEnergies' Girassol Life Extension

Jan 03, 2024

Ocean Installer, in consortium with Oceaneering, has secured a significant contract from TotalEnergies EP Angola and its Partners of Block 17 on Girassol FPSO life extension project offshore Angola.Ocean Installer will manage, engineer, and execute the project…

UK-Denmark 1.4GW Subsea Interconnector Starts Operating

Jan 03, 2024

The Viking Link, said to be the world’s longest land and subsea electricity interconnector, became operational and started transporting power between the UK and Denmark.The $2.15 billion (£1.7 billion) link stretches for 475 miles between UK and Denmark…

Aker Solutions to Pilot Subsea Power Distribution System for Floating Wind

Jan 03, 2024

Aker Solutions has signed a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology which has the potential to reduce costs and complexity of offshore wind farms…

Valaris Lands $519M Drillship Deal for Búzios Oil Field Development

Jan 02, 2024

Offshore drilling company Valaris has secured a multi-year contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process.The a 1,064-day contract is anticipated to start late in the fourth quarter 2024…

Aker BP Hires Contractor for New Oil Spill Detection Solution

Jan 02, 2024

Aker BP has contracted technology supplier Vissim to implement an upgraded oil spill detection solution at the operator’s fixed and floating installations on the Norwegian continental shelf.Aker BP will equip installations Valhall, Ula, Edvard Grieg…

Seatrium Gets Shell’s Contract for Sparta Floating Production Unit

Jan 02, 2024

Seatrium has been awarded a contract by Shell to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible floating production unit (FPU).The contract includes the installation of Shell-furnished equipment…

OKEA and Equinor Agree Closing of Stratfjord Acquisition

Jan 02, 2024

Norwegian oil and gas company OKEA has moved forward with the acquisition of 28% stake in an offshore block in Stratfjord Area from Equinor after it was postponed following updated projections for the field.OKEA agreed to acquire Equinor’s 28%…

Vår Energi Concludes Sale of Brage Oil Field

Dec 29, 2023

The sale of 12,2575% interest in the Brage field offshore Norway, from Vår Energi to Petrolia Noco, has been approved by the authorities and was completed on December 29, 2023.The Brage field is a late life producing asset located in the North Sea…

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