Neptune Energy-operated Duva offshore development in Norway has started production, making it Neptune’s third major project to come onstream in 2021 after following Gjøa P1 in Norway in February and Merakes in Indonesia in April. Located in the North Sea off Norway…
There are only 15 km (9 miles) left to finish the Nord Stream 2 gas pipeline from Russia to Germany that bypasses Ukraine, Russian President Vladimir Putin said on Friday.The $11 billion project doubling the capacity of the first Nord Stream…
U.S. oil giant Chevron has awarded the Australian engineering firm Worley a contract for the provision of engineering and construction management services in support of Chevron’s recently sanctioned $4 billion Jansz-Io Compression (J-IC) project in Australia…
Belgium-based offshore installation firm Jan De Nul has won a contract to install 130 miles of inter-array cables for the Vineyard Wind 1 offshore wind project in the U.S. The cables will be delivered by UK-based JDR Cable Systems, part of the TFKable Group…
ABB has secured a contract worth around $120 million to supply the overall Electrical Power System (EPS) for Chevron's multi-billion-dollar Jansz-Io Compression (J-IC) project, offshore W. Australia.The Jansz-Io field is located around 200 kilometers offshore the north-western coast of Australia…
Offshore power cable manufacturer Nexans has recently awarded iSURVEY a NOK 150 million (around $16,85 million) for survey and positioning services.Majority-owned by Norwegian private equity firm, Norvestor, iSURVEY will support Nexans’ offshore high voltage cable installation projects globally…
INEOS Energy, Wintershall Dea, and a consortium of 29 companies, research institutes, and universities, on Tuesday, signed an agreement to support the next phase of the Greensand pilot project to demonstrate the safe and permanent storage of CO2 in offshore reservoirs in the North Sea…
Magseis Renewables, a subsidiary of offshore OBN seismic contractor Magseis Fairfield, has entered into a memorandum of understanding to join phase 2 of the Greensand carbon capture and storage (CCS) project consortium. The project entails transporting…
Offshore energy equipment supplier Tekmar Group has signed a partnership agreement with DeepWater Buoyancy, a producer of subsea buoyancy products for offshore oil & gas, energy, oceanographic, and technology companies. '...the companies will…
Canadian marine technology company Kraken Robotics Inc. on Thursday announced that its wholly owned subsidiary PanGeo Subsea Inc. has secured $2 million in funding from Canada’s Ocean Supercluster for the development of wider scanning capability and increased efficiency called GeoScan…
TechnipFMC, a company best known for its offshore oilfield services and equipment, is looking to diversify its offering and has now joined forces with Loke Marine Minerals (Loke) to develop enabling technologies for the extraction of seabed minerals in Norway…
Dubai-based SEAJET Systems, a company building controlled flow excavation (CFE) solutions, has signed a manufacturing partnership with Soil Machine Dynamics (SMD), one of the world’s largest independent designers and manufacturers of specialist subsea intervention equipment…
ExxonMobil has hired offshore services firm Oceaneering for the provision of two surveys offshore Guyana, where Exxon has over the past few years discovered around nine billion barrels of oil.Oceaneering will carry out a towed and autonomous…
Oilfield services firm Baker Hughes has won a contract with Chevron to deliver subsea compression manifold technology for the Jansz-Io Compression (J-IC) project offshore W. Australia.Using its Subsea Connect early engagement approach, Baker…
The Vigdis subsea field in the North Sea has produced oil via the Snorre field for 24 years, and when it came on stream in 1997, it was projected to produce 200 million barrels.To date, according to Equinor, it has produced twice that amount…
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