Business & Finance
SLB takes on FEED work to advance North Sea CO2 storage project toward FID
U.S.-headquartered technology player SLB has been hired to help move a large-scale CO2 storage project in the Norwegian sector of the North Sea toward a final investment decision (FID), taking on technology and engineering work spanning the concept and front-end engineering and design (FEED) phases,
Oceaneering-Astro Offshore pact targets integrated subsea growth
Dubai-based offshore vessel specialist Astro Offshore and Houston-headquartered subsea technology and services provider Oceaneering International are joining forces to target integrated offshore and subsea projects, backed by the addition of the UAE firm’s first DP3 multi-purpose support vessel (MPS
Petrobras awards $62 million job in Brazil to Solstad’s 2008-built CSV
Brazilian state-owned energy company Petrobras has booked an 18-year-old construction support vessel (CSV), owned by Solstad Maritime (SOMA), on a long-term, multimillion-dollar assignment off the coast of Brazil.
NKT brings first cables ashore on €3.1 billion Spain-France power link (Gallery)
first cable pull-ins at Lemóniz in northern Spain, marking what it describes as an important construction milestone on a multibillion-euro interconnector, which will increase electricity exchange capacity between Spain and France from 2.8 GW to 5 GW.
Three-field FPSO tie-back starts flowing oil a year early, unlocking 120 million Norwegian barrels
Norway’s oil and gas company Aker BP has kicked off production from three fields in the Norwegian Sea, bringing the developments on stream a year ahead of schedule and adding around 120 million barrels of recoverable oil equivalent to the resource base on the Norwegian Continental Shelf (NCS).
30-year-old North Sea project gets gas boost with early start to its next chapter
With three decades under its belt, a giant gas project is getting a new lease of life, as the latest phase of its development begins production ahead of schedule, accelerating the delivery of 55 billion cubic meters (bcm) of gas to Europe.
Flex2Future advances floating wave, wind and solar platform toward pre-2030 demo
Flex2Future, a Norwegian technology company developing floating offshore energy systems that combine wind, wave and solar power on a single platform, has wrapped up an extensive model testing campaign in Norway, putting its floating wave, wind and solar energy platform concept through simulated offs
WATCH: North Sea decom campaign retires trio of gas wells in UK waters
Spirit Energy, a North Sea operator, has finished a multimillion-dollar decommissioning campaign in the UK sector of the North Sea, plugging and abandoning (P&A) three gas wells that have reached the end of their productive lives and removing more than 234 tons of subsea infrastructure.
Arabian Drilling set to kick off rig ops offshore Oman before quarter-end
Arabian Drilling, described as Saudi Arabia’s largest onshore and offshore drilling contractor by fleet size, has expanded its footprint in the Gulf Cooperation Council (GCC) with a multi-well assignment off the coast of Oman.
Sea Lion roars into Falklands expansion as Navitas reels in second FPSO
Navitas Petroleum, an Israeli oil and gas producer and developer that operates a project under development in the North Falkland Basin, is stepping up plans to expand its oil field project in the Falkland Islands through the acquisition of a second floating production, storage, and offloading (FPSO)
Viridien embarks on first hybrid streamer-OBN 3D seismic survey in Asia-Pacific
France-based geophysical services company Viridien, formerly known as CGG, has kicked off the first-ever combined streamer and sparse ocean bottom node (OBN) multi-client 3D seismic survey in the Asia-Pacific region.
BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design
BW LNG, a liquefied natural gas (LNG) shipping company that is part of Singapore-based BW Group, has shed more light on its move that pushes LNG carrier capacity beyond the conventional 174,000-cubic-meter (cbm) design with a new 177,000-cbm, three-tank configuration, described as being able to carr
TGS secures encore for giant seismic campaign off Indonesia’s coast
Norwegian energy data and intelligence company TGS is staying longer on a seismic acquisition campaign off the coast of Indonesia, which extends work aboard its 2008-built vessel and reinforces the company’s revenue visibility.
McDermott clinches over $1 billion EPCI job for ADNOC’s $6.2B giant gas project
U.S. offshore engineering and construction player McDermott has won an engineering, procurement, construction and installation (EPCI) assignment for a gas development project off the coast of the United Arab Emirates (UAE), enabling it to deliver one of the Middle East’s heaviest offshore topsides.