Neptune Energy has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for an initial cash consideration of $250 million. The purchase is contingent..
Leading global enterprises that own and operate large mobile assets such as floating production storage and offloading (FPSO) operators, drilling contractors and other vessel owners in the oil and gas industry can increase profitability by improving efficiency, taking control of..
Integrated subsea and offshore solutions provider Unique Group has signed an agreement to acquire five Unmanned Surface Vessels (USV) DriX units from French high-technology company iXblue, marking a significant investment in the Group’s global portfolio of survey products. With an..
Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has successfully completed sea trials in Norway. The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and..
Swagelining, the leading polymer lining specialist for subsea pipelines, has successfully installed its LinerBridge connector technology for the first time. The Swagelining team installed the LinerBridge polymer lining connectors within Pipeline Bundles for one of Equinor’s developments in the Norwegian..
Deepwater rope manufacturer Lankhorst Offshore has reached a major rope industry milestone with over 2,000,000m of mooring lines produced over the past ten years at its factories in Portugal and Brazil. Lankhorst deepwater mooring lines are used on many major..
Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract using a wireless underwater intervention drone and an ROV. This contract will make Equinor the first user of technology expected to be completed in 2020. “This..
Schlumberger introduced today the NeoSteer at-bit steerable system (ABSS). The NeoSteer ABSSs improve horizontal well drilling performance by providing high-dogleg capability and increased rate of penetration in the curve and the lateral. Developed as a fit-for-basin solution, NeoSteer ABSSs leverage..
Offshore wind won 5.5GW of the 6GW of new renewable energy capacity awarded. The average winning price for offshore wind was EUR 46.16/MWh including grid connection, the lowest prices yet for offshore wind in the UK. The winning bids include..
ConocoPhillips Australia, as operator of the Barossa joint venture, has awarded an Engineering, Procurement, Construction and Installation (EPCI) contract for the Barossa Gas Export Pipeline. The contract awarded to Allseas Marine Contractors Australia includes procurement, transportation and installation of the..
Technology group Wärtsilä has been selected to engineer, supply, and commission a hybrid propulsion system for an offshore sector vessel. Norway-based Eidesvik has contracted Wärtsilä to carry out the upgrade project on its Viking Neptun construction vessel. The 15,900 DWT..
Following the planned sale of PMV stake in REBO, DEME has taken the decision to sell its own participation to the Port of Ostend. DEME possessed a 30% share (15% DEME Blue Energy and 15% DEME Offshore) in the company…
Explosion protection for containerised rooms and solutions requires clear responsibility when it comes to functionality and relevant safety aspects. R. STAHL Electromach offers system solutions as a full service package, from design to operation. Our modular approach has key benefits..
Putting the brakes on climate change and meeting the challenges of the energy transition is now more urgent than ever. Tractebel offers a solution. An experienced team of energy experts from Tractebel Engineering and offshore engineers from Tractebel Overdick have..
i-Tech 7, Subsea 7’s Life of Field business unit, has successfully completed a subsea decommissioning and abandonment project for LLOG Exploration in the Gulf of Mexico, using its smart skid technology. LLOG Exploration was seeking better ways to flush three..
For more than twelve years, Offshore Energy Exhibition and Conference (OEEC) has been bringing together the offshore energy industry sectors of oil & gas, offshore wind and marine energy. This year, the event, to be held on (7), 8 &..
Offshore wind is now contributing more and more to the growth of the wind industry and the energy transition globally. Since 2013, the market has grown by an average of 21% each year, with more than 4GW of new capacity..
Even after more than 50 years, the Norwegian shelf still holds vast opportunities. More than half of the estimated remaining resources on the Norwegian shelf have already been discovered. 85% are located in the fields and 15% are located in..
Subject to final agreed and signed contract and all required project approvals, Ørsted will deploy Haliade-X 12MW wind turbines on the two offshore windfarms constituting Ørsted’s Mid-Atlantic cluster: Skipjack (120MW) and Ocean Wind (1,100MW). Martin Neubert, Executive Vice President and CEO of..
IFS provides the offshore industry an integrated business solution proven globally to deal with the challenging project and asset management requirements of engineer, procure, construct (EPC) contractors. Too many EPC contractors try to run their complex business on enterprise resource..
ExxonMobil signed an agreement today with Vår Energi for the sale of its non-operated upstream assets in Norway for EUR 4 billion as part of its previously announced plans to divest approximately EUR 14 billion in non-strategic assets by 2021…
Petrobras reports that the Board of Directors, in a meeting held yesterday, elected, effective 1 October 2019, Mr Nicolás Simone for the role of Digital Transformation and Innovation Executive Officer, a new area of the Company that will be deployed..
CPIH (China Power International Holding) and Equinor have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind in China and Europe. The MoU also opens for potentially expanding the collaboration between the two companies. The signing of the MoU..
Norske Shell is launching a 10-year seabed subsidence monitoring campaign at its Ormen Lange field in the Norwegian Sea, using long-endurance sensors from subsea monitoring specialist Sonardyne International. Norske Shell’s goal is to continuously monitor any movement of the seafloor..
RelyOn Nutec has officially opened new training ship Zeus in the harbour of Amsterdam. With this specially designed training vessel, the safety training provider can offer a wide range of fire and lifeboat related training courses for the offshore, maritime..