Offshore Engineer Industry News News - page 31

 

German JV Orders Four New Vessels for Offshore Energy Market

Sep 24, 2024

A joint venture between Schoeller Holdings and Deutsche Offshore Schifffahrt has ordered four construction commissioning service operation vessels (C-CSOVs) from the Chinese shipyard for offshore wind and wider offshore energy sector.The construction…

MDL to Support Maersk Supply Service for Work at Mero Field Off Brazil

Sep 24, 2024

Maersk Supply Service has awarded Scottish flex-lay specialist Maritime Developments (MDL) a solution-development scope in the Mero block in the Santos Basin, offshore Brazil.The scope entails the development of an integrated spread of equipment…

Constellation Secures $1B Deal with Petrobras for Two Ultra-Deepwater Drillships

Sep 24, 2024

Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation’s fleet, and Tidal Action, a newbuild rig, owned…

US Wave Energy Set for Government Commercialization Boost of $112M

Sep 24, 2024

The U.S. Department of Energy has made its largest ever investment in marine energy, making $112.5 million available for the commercialization of wave energy technologies.This five-year investment is expected to significantly accelerate the design…

TotalEnergies Signs LNG Supply Deal with South Korea’s HD Hyundai Chemical

Sep 24, 2024

TotalEnergies has signed a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of liquefied natural gas (LNG) per year for seven years starting from 2027.Thanks to this agreement, with prices indexed both to Brent and Henry Hub…

New Oil and Gas Discovery in North Sea Confirms Heisenberg Prospect’s Reserves

Sep 24, 2024

Equinor and its partner DNO have made an oil and gas discovery in the northern part of the North Sea, delineating the play-opening 2023 Heisenberg discovery and confirming its volume estimate of 24 to 56 million barrels of oil equivalent (MMboe) with mean of 37 MMboe…

OKEA Sells Stake in Producing Field Off Norway to Lime Petroleum

Sep 24, 2024

Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…

FTC Set to Greenlight Chevron's $53 Billion Hess Buy

Sep 23, 2024

The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil's challenge to the $53 billion deal as its final hurdle…

Offshore Wind Opponents in Australia, Europe Lean on US Groups for Advice

Sep 23, 2024

Bill Thompson's fight to stop offshore wind farms was once confined to the tiny U.S. state of Rhode Island where he lives. Today, he is part of a global movement.In April, Thompson, who is director of the activist group Green Oceans, got an email from a fellow anti-offshore wind group more than 10…

Petrobras Wants a 40% Stake in Galp's Mega Oil Block in Namibia

Sep 23, 2024

Brazil's Petrobras is expected to seek the entire 40% stake of Namibia's Mopane oil and gas exploration block put up for sale by Portugal's Galp, a director at the state-run oil firm said on Monday.To operate the oil field, Petrobras would need the full 40% stake…

Greece and Cyprus to Install 'World's Longest' Subsea Power Cable

Sep 23, 2024

Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric cable linking continental Europe to the East Mediterranean, the energy ministries of the two countries said on Saturday.The Great Sea Interconnector…

Shelf Drilling Finalizes Baltic Rig Sale

Sep 23, 2024

Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…

RWE Gets Long-Term Lease to Set Up O&M Base for Polish Offshore Wind Farm

Sep 23, 2024

RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the FEW Baltic II offshore wind farm in Poland.The base is one of the key elements in the realization and subsequent operation of the planned 350 MW offshore wind farm…

Joint Venture Partners Ink Commercial Deals to Develop Gas Reserves at Azerbaijan’s ACG Field

Sep 23, 2024

The international joint venture (JV) partners, led by BP as the operator, have signed commercial agreements for the development of gas reserves at the giant Azeri-Chirag-Gunashli (ACG) gas field offshore Azerbaijan.After the State Oil Company of the Republic of Azerbaijan (SOCAR) and BP…

Rem Inspector CSV to Sport NES’ Energy Storage System

Sep 23, 2024

Norwegian shipowner Rem Offshore has hired Norwegian Electric Systems (NES) to deliver a deck-based battery energy storage system to its Rem Inspector construction support vessel (CSV). NES, specializing in sustainable energy design and smart control systems for vessels…

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