Offshore Regions News - page 11


Mammoet Assists with Noble’s Regina Allen Jack-Up Repair

Oct 28, 2024

Mammoet has been hired by shipbuilder and ship repair company Damen Shiprepair to assist with a jack-up leg repair for the Noble Corporation drilling rig Noble Regina Allen, reducing the downtime of the rig during retrofit process.Initially…

Petrobras Hires Baker Hughes to Supply Flexible Pipe Systems for Brazil Oil Fields

Oct 28, 2024

Energy technology company Baker Hughes has signed ‘significant’ contracts with Petrobras to provide flexible pipe systems that will be deployed across several oil and gas fields offshore Brazil.Baker Hughes will provide 77 km of flexible pipe systems…

Belgian Energy Island Gets $700M EU Funding Boost

Oct 28, 2024

The European Investment Bank (EIB) and Elia Transmission Belgium (ETB) have signed a $704 million (€650 million) green credit facility agreement, earmarked for the realization of the first phase of the Princess Elisabeth Island project.The Princess…

Vantage Drilling Starts Trading on Oslo Stock Exchange

Oct 28, 2024

Offshore drilling contractor Vantage Drilling has listed its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.The company’s shares on Euronext Growth Oslo have been listed since October 28, 2024, under the ticker code VDI…

Portugal's Galp Record 22% Profit Fall with Less Oil Output

Oct 28, 2024

Portugal's Galp Energia on Monday posted a 22% fall in third-quarter adjusted core profit, hit by lower oil output and a sharp drop in refining margins, but earnings still beat estimates for the period.The energy firm reported adjusted earnings before interest…

Transocean Starts Merger Talks Seadrill

Oct 28, 2024

Offshore drilling provider Transocean is in talks to merge with rival Seadrill, Bloomberg News reported on Wednesday, citing people familiar with the matter.The companies are discussing the potential structure of the combination, it said.However…

Solstad Offshore Scoops $54M in New Vessel Contracts in Brazil

Oct 25, 2024

Norwegian offshore vessel owner Solstad Offshore has secured multiple contract awards with clients in Brazil for two of its anchor handling tug supply (AHTS) vessels and one construction support vessel (CSV).Solstad’s Normand Topazio and Normand…

Brazil-Made FLiDAR Tech for Offshore Wind Set for $10M Investment Boost

Oct 25, 2024

Petrobras has announced plans to invest $10.5 million in a new sea wind testing and measuring phase by releasing new BRAVO buoy units to collect, monitor, and assess offshore wind resources.The technology, designed for the Brazilian sea, is…

Petrobras Targets Tupi Oil Field Production Increase in 2027

Oct 25, 2024

Brazil state-run firm Petrobras plans to bring oil production at its Tupi oil field back to 1 million barrels per day (bpd) in 2027, as it plans new investments in the asset, its director for exploration and production Sylvia dos Anjos told Reuters on Thursday…

Three People Die in Helicopter Crash on Their Way to FPSO Offshore Nigeria

Oct 25, 2024

At least three people have died when a helicopter crashed in Nigeria on its way to Nuims Antan floating, production, storage, and offloading (FPSO) unit, the state-owned oil firm NNPC reported.The helicopter, operated by East Winds Aviation…

Sofia Offshore Wind Farm Construction Well Underway

Oct 25, 2024

Van Oord has installed over a quarter of the foundations which will support Sofia offshore wind farm’s 100 wind turbines in the North Sea since the start of operations in May.The Dutch contractor Van Oord is using the Port of Tyne’s Clean Energy Park as a storage and marshalling base…

Shearwater Lands Second OBN Survey for TotalEnergies Off Angola

Oct 25, 2024

Offshore seismic services specialist Shearwater Geoservices has secured its second contract from TotalEnergies for an Angolan ocean bottom node (OBN) project.The three-month deepwater OBN survey at B20/11 covering the Golfinho and Cameia fields…

New JIP Looks Into Compact Steam Generator to Cut Offshore Platforms Emissions

Oct 25, 2024

Technology company Techouse has teamed up with several energy companies, including TotalEnergies and Equinor, to develop and test a compact once-through steam generator (OTSG) that could reduce fuel consumption and emissions at offshore installations…

DEME Gets Multi-Million Dollar Inter-Array Cabling Job at Dutch Offshore Wind Farm

Oct 25, 2024

Belgium-based offshore installation services company DEME has secured a contract, worth up to $320 million, to carry out the transport and installation works for the inter-array cables and secondary steel for the OranjeWind offshore wind farm in the Netherlands…

Avangrid Wraps Up $160M Kitty Hawk North Lease Sale to Dominion Energy

Oct 25, 2024

Avangrid, the U.S. unit of Spain's Iberdrola, has closed the sale of Kitty Hawk North offshore wind lease are to Dominion Energy for approximately $160 million.The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid…

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