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Project & Tenders

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Viking Link up and running
Project & Tenders

World’s largest interconnector begins operating

The Viking Link electricity interconnector between the UK and Denmark has commenced operations, now transporting power between the two countries. Deemed the world’s longest land and subsea interconnector, the £1.7 billion Viking Link started commercial operations on December 29, 2023. The link has

about 2 years ago
Dover is a planned subsea tie-back to Appomattox, a Shell-operated production hub in the U.S. Gulf of Mexico; Source: Shell
Project & Tenders

Round up: Major multi-billion oil & gas projects greenlighted in 2023

  • 1
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  • 1262

While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.

about 2 years ago
Illustration; Source: Westwood
Project & Tenders

2024 offshore drilling outlook: Westwood’s top three predictions for rig market

Westwood Global Energy, an energy market research and consultancy firm, has outlined its top three predictions for 2024.

about 2 years ago
Events in the subsea sector that marked 2023
Project & Tenders

Events in the subsea sector that marked 2023

As we gradually shift our focus on the new year and on what lies ahead in the offshore energy industry in 2024, let’s give a last look to 2023 to pay tribute to this very eventful year. Unfortunately, the year was marked with a number of dark events, with the Balticconnector offshore gas pipeline in

about 2 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Project & Tenders

2023 state of energy in review: Gas and green shift as centerpieces of future mix

Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.

about 2 years ago
Ormen Lange development; Source: Shell
Project & Tenders

Electrification: Key to unlocking untapped oil & gas reserves and augmenting production

The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.

about 2 years ago
Illustration; Source: Nexans
Project & Tenders

Subsea interconnectors as protagonists of offshore renewable grid story

Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.

about 2 years ago
Türkiye-built subsea vessel to get Nekkar crane
Project & Tenders

Türkiye-built subsea vessel to get Nekkar crane

Nekkar’s subsidiary Techano Oceanlift has secured a contract with a Turkish shipyard worth approximately €6.5 million to deliver an offshore crane to a newbuild subsea IMR/survey vessel. Techano Oceanlift will supply a 150-tonne knuckle boom crane capable of performing subsea construction and topsid

about 2 years ago
PosHydon project nearing first hydrogen production, Neptune Energy says
Project & Tenders

PosHydon project nearing first hydrogen production, Neptune Energy says

Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia

about 2 years ago
UK oil & gas firm enters license off Equatorial Guinea in 'potentially transformational deal'
Project & Tenders

UK oil & gas firm buys into license off Equatorial Guinea in ‘potentially transformational deal’

UK-headquartered Europa Oil & Gas has entered into a license offshore Equatorial Guinea with the acquisition of an equity interest in Antler Global. Europa Oil & Gas has acquired a 42.9% equity interest in Antler Global which holds an 80% working interest in the recently acquired and highly prospect

about 2 years ago
Wintershall Dea and ORLEN swap interests offshore Norway
Project & Tenders

Wintershall Dea and ORLEN swap interests offshore Norway

PGNiG Upstream Norway (PUN), part of the ORLEN Group, has signed an agreement with Wintershall Dea Norge for the swap of interests in upstream assets in Norway, a transaction that will increase PUN’s recoverable reserves of natural gas by more than 0.4 billion cubic meters. As part of the agreement,

about 2 years ago
UK oil & gas firm to sell 15% working interest in Timor-Leste PSC
Project & Tenders

Baron Oil agrees farm-up for Timor-Leste PSC

UK-based oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of the Chuditch production sharing contract (PSC) offshore Timor-Leste. Baron Oil announced a proposed assignment of a 15% working interest in the TL-SO-19-16 PSC offshore Timor-Leste

about 2 years ago
Borgland Dolphin rig; Source: Dolphin Drilling
Project & Tenders

500-day assignment in UK lands on Dolphin Drilling rig’s worklist

Dolphin Drilling has inked a letter of intent (LOI) for a long-term drilling program, enabling one of its semi-submersible rigs to carry operations in the UK with an undisclosed operator.

about 2 years ago
EU backs project to advance wave energy with €4 million grant
Project & Tenders

EU backs project to advance wave energy with €4 million grant

The European Union has awarded a €4 million grant to a project aimed at harnessing the untapped potential of wave energy. The SHY Project (Seawater HYdraulic PTO using dynamic passive controller for wave energy converters), a collaborative initiative dedicated to advancing wave energy, received the

about 2 years ago