UK-headquartered energy giant BP has put into production an expansion project of a field in the U.S. Gulf of America (Gulf of Mexico) that was discovered in 1998. BP reported today, July 30, the start-up of the Atlantis Major Facility Expansion project, which adds two new subsea water injection well
Malaysian offshore soil investigation and geotechnical engineering services company Helms Geomarine has been selected to support Petronas’ carbon capture and storage (CCS) developments in Malaysia. The contract, announced at the end of June, was awarded by PETRONAS CCS Solutions (PCCSS) for an initi
Construction has started in China on the floating production, storage and offloading (FPSO) topside destined for an ultra-deepwater development in Angola being developed by Azule Energy, a joint venture between Italy’s Eni and the UK’s BP. The Greater PAJ project is described as Angola’s first integ
Three vessels owned by Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) have secured new offshore contracts after completing a series of construction support projects said to be beyond their traditional scope. POSH reported on July 30 that its multi-purpose servic
Canadian oil & gas player Trillion Energy is changing its name to Dune Oil Corp. as part of its strategic pivot to oil development and exploration, representing a new direction for the company. The name change and the company’s new trading symbol on the Canadian Securities Exchange (CSE), DUNE, will
Norwegian Shearwater GeoServices has been tasked with a seismic survey offshore Australia to explore carbon storage potential in the Bonaparte Basin, marking its second carbon capture and storage (CCS)-related survey in this basin. Under the 3D seismic survey contract, the Norwegian firm will deploy
Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured a term contract valued at approximately £4.85 million (over €5.6 million) for one of its platform supply vessels (PSVs) to be deployed on the UK Continental Shelf (UKCS). The contract for the PSV Energy Pace was a
Allseas has secured a contract with Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline in Canada. Located in the remote waters of north-western British Columbia, near the Alaska border, the subsea pipeline forms the final link in the 700-kilomete
The Dutch Ministry of Economic Affairs has launched a tender for a benthic survey of the Doordewind Wind Farm Zone. The survey, commissioned by the Netherlands Enterprise Agency (RVO), will collect factual benthic data to verify the findings of a desktop reef detection study, the results of which ar
The vessel fleet required for first phase operations of the Northern Lights CO2 project in Norway has been completed with the arrival of the fourth liquefied carbon dioxide (LCO2) carrier from China. Northern Purpose, custom-designed to transport liquefied CO2 as part of the world’s first cross-bord
Canada Pension Plan Investment Board (CPP Investments) and Elia Group, through its international development platform WindGrid, have acquired a subsea interconnector project that will link the UK and Germany from Copenhagen Infrastructure V, managed by Copenhagen Infrastructure Partners (CIP). Appro
BC Ventures, a 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico, has completed the acquisition of five jack-up rigs from Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services. For a
Norwegian energy data and intelligence company TGS has secured an ocean bottom node (OBE) contract in the Africa, Mediterranean, and Middle East (AMME) region. The company’s deepwater crew is expected to mobilize in the fourth quarter of the year for the project that has a duration of approximately
Singapore-based Keppel has set up a new private fund to which it will divest ten legacy rigs, as part of its announced monetization, with Apollo Global Management to invest $1.5 billion in the fund. Through its indirect subsidiary, Rigco Holding (RigCo), Keppel will divest six operational rigs this
