Brazilian state-run oil and gas company Petrobras has terminated the contract with Brava Energia’s Enauta for the sale of its entire stake in the Uruguá and Tamba fields.Under the contract, signed by the companies in July 2024, Petrobras was to received $35 million for the stake sale, stating at the time that the transfer of the assets to a new operator represents an alternative to their decommissioning…
In the second part of the Offshore Engineer’s interview with offshore energy expert Philip Lewis, Director of Research, Intelatus, we discuss vessels that will service the floating wind sector until 2035, and the investment decisions that will need to be made to support the industry…
Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company.The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State…
Vard has delivered a new cable laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore less than two years after the contract was signed.The newly delivered vessel, based on the VARD 9 01 design, has been specially designed and equipped for subsea cable laying operations…
Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary of Occidental Petroleum, to carry out oil and gas exploration in the country's Caribbean waters…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Suizhong 36-2 oilfield 36-2 block development project in Bohai Sea.The main production facility is a new unmanned wellhead platform…
Belgium-based offshore installation contractor Jan De Nul, in partnership with Greek cable maker Hellenic Cables, has entered into a framework agreement to supply and install export cables for two 750 MW floating wind farms off the coast of Southern Brittany in France…
Offshore seismic services firm Shearwater Geoservices has been given a go-ahead from Petrobras to start one of the two 4D projects covering the Jubarte and Tartaruga Verde fields in the Campos Basin area.Under the eight-month contract, announced in January 4…
Equinor and its partners have drilled two wells in the North Sea, both of which were proven dry.The wildcat wells Kvernbit and Mimung (35/10-14 A and 35/10-14 S) are the first to be drilled in production license 1185, which was awarded in 2023…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is for wellbore7/1-3 in production license 1090, operated by Var Energi with 50% working interest, along with partners Aker BP holding 30% and Petoro 20% stakes…
The final Pluto Train 2 modules for the Scarborough energy project have arrived at the Pluto LNG facility in Karratha in Western Australia, marking a significant milestone for the Woodside Energy’s gas developmentThe completion of the Pluto…
Solstad Subsea, a wholly owned subsidiary of Solstad Offshore, has agreed to acquire a 35.8% shareholding in ROV and subsea services provider Omega Subsea for an undisclosed amount.Following completion of all transactions, Omega Subsea will own 100% of Omega Subsea Robotics…
Ocean services provider DeepOcean has taken full ownership of the pipeline repair and subsea intervention (PRSI Pool Services) contract with Equinor, formerly operated in a joint venture (JV) between DeepOcean and TechnipFMC.The transaction…
Petrobras has signed a protocol of intent Companhia Siderúrgica Nacional (CSN) and CSN Inova Soluções, marking a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Brazilian state of Paraná…
Norway's combined oil and gas production declined in November from the same month a year earlier but was still 2.6% higher than an official forecast, the Norwegian Offshore Directorate (NOD) said on Friday.Norway is Europe's largest supplier of natural gas and a major producer of oil…
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