Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.A memorandum of understanding…
Offshore construction and installation firm McDermott has said it has recently completed its first delivery of two bridges and a flare for TotalEnergies' Tyra redevelopment project offshore Denmark.The work package for the Tyra Redevelopment is executed from McDermott's fabrication yard in Batam…
Norwegian energy giant Equinor has revealed its preferred floating wind foundation design for full-scale gigawatt (GW) commercial floating offshore wind in Scotland, if successful in ScotWind leasing round in Scotland.Equinor said that the 'Wind Semi' a semi-submersible wind turbine foundation…
Norwegian oil and gas company OKEA, the operator of the giant Draugen platform off Norway, is working on a project that will see the offshore oil production facility powered by floating wind turbines.The news was shared by the recently formed…
Norwegian industrial tech group Nekkar has via its subsidiary Intellilift formed a joint venture (JV), with a subsidiary of the offshore drilling giant Transocean. The name of the joint venture firm is Inteliwell.The purpose of the joint venture…
OOS Group, a Dutch-based offshore services company, known to Offshore Engineer readers for its semi-submersible heavy lift crane and accommodation vessels, has developed a semi-submersible mussel farm (SMF) to grow mussels in the North Sea. The SMF will also feature solar panels…
The world’s FPSO fleet is getting older, with 55 FPSO units in the global fleet reaching the end of their design life in the next five years, with an additional five having life extension in place. With 19 more FPSOs currently being evaluated for life extension…
Schlumberger NV reported a rise in third-quarter adjusted income on Friday, buoyed by higher demand for the company's oilfield services and related equipment from producers looking to capitalize on a rebound in crude prices.Global crude prices rose 4…
Offshore installation company Jan De Nul has completed a cable reburial project at Eneco’s Luchterduinen wind farm in the Dutch North Sea.The wind farm, located 23 kilometers off the coast of Noordwijk and Zandvoort, has been operational since 2015…
Norwegian oilfield equipment and technology provider Aker Solutions said Wednesday it has received a letter of intent (LOI) for a front-end engineering and design (FEED) contract from energy company Equinor for the floating production, storage…
Harland & Wolff Group, until recently known as Infrastrata, has secured work for its Arnish facility on the west coast of Scotland. The company said Tuesday that Harland & Wolff (Arnish) has been awarded a contract for the fabrication of four…
Dutch electricity transmission system operator TenneT said Tuesday that the load-out of the jacket for TenneT's offshore platform Hollandse Kust (north) has been completed in the port of Vlissingen, the Netherlands.The 2,100 tons heavy jacket…
Subsea 7 has confirmed the award of a major contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. Subsea 7 defines a major contract as being one where Subsea 7’s share of revenue is over USD 750 million…
Danish wind turbine manufacturer Vestas will install a prototype of its giant 15 MW offshore wind turbine at the Østerild National test center for large wind turbines in Western Jutland, Denmark. Vestas will install the prototype at the test center in the second half of 2022…
If we want to reach net zero by 2050, there is an increasingly high risk that some of the oil and gas infrastructure investments (i.e. in platforms, pipelines, processors, storage sites etc) made today will result in stranded assets.In other words…
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