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Events in the subsea sector that marked 2023
Business Developments & Projects

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
Scarborough FPU; Source: Woodside
Business Developments & Projects

Woodside all set for ops at Australian gas project

Woodside has received a stamp of approval for an environment plan, covering seabed intervention and trunkline installation off Australia.

about 2 years ago
Samsung Heavy chooses GTT tank design for three new LNG carriers
Business Developments & Projects

SHI suspends construction of blocks for Zvezda’s Arctic LNG carriers

South Korean shipbuilder Samsung Heavy Industries (SHI) has ceased the production of blocks and equipment for 10 out of the 15 Arctic LNG carriers contracted with Zvezda, Reuters reported. While Samsung has been delivering these components for five of the vessels to Zvezda, following approval from t

about 2 years ago
DIMATE’s tech to enhance inspection processes, hydrogen industry in focus
Business Developments & Projects

DIMATE’s tech to enhance inspection processes, hydrogen industry in focus

Software technology company DIMATE is making its way into the clean energy services industry, including carbon capture and hydrogen, with its PACS (picture archiving and communication system) solution for end-to-end digitization of test processes on safety-relevant components with integration into c

about 2 years ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Business Developments & Projects

Beach Energy secures the go-ahead to bring two more gas wells on stream

Beach Energy has received the green light for a revised environment plan, entailing subsea installation and commissioning off Australia.

about 2 years ago
FPSO Prosperity working at ExxonMobil's third oil project on the Stabroek Block offshore Guyana; Source: ExxonMobil
Business Developments & Projects

Mergers and acquisitions: Blockbuster oil & gas market consolidation moves in 2023

The oil and gas industry become a hotspot for multi-billion mergers and acquisitions in 2023 while hinting at further consolidation in the fossil fuel machinery.

about 2 years ago
FPSO Sepetiba; Source: Petrobras
Business Developments & Projects

Another FPSO put into operation on Petrobras’ third largest oil field off Brazil

Petrobras has kicked off production from an FPSO vessel at its giant oil field in the pre-salt area of the Santos Basin offshore Brazil.

about 2 years ago
Illustration; Source: Wood Mackenzie
Business Developments & Projects

Energy outlook: Is gas and LNG growth freeze on the cards in 2024?

Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.

about 2 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Business Developments & Projects

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
Ichthys LNG offshore central processing facility; Source: Inpex
Business Developments & Projects

Green light for Inpex to carry out site surveys and drilling activities for CCS project off Australia

Inpex has received a seal of approval for an environment plan (EP), covering pre-drill site surveys, and drilling and evaluation ops off the coast of Australia.

about 2 years ago
Wheatstone LNG Plant at Ashburton North, Western Australia; Source: Chevron
Business Developments & Projects

Woodside eyes more drilling off Australia

Woodside has submitted an environment plan (EP) for drilling and subsea installation activities off the coast of Australia.

about 2 years ago
Maersk’s security team fires back on Houthi in Red Sea, thwarts boarding, prompting another operational pause
Business Developments & Projects

Maersk’s security team fires back on Houthi in Red Sea, thwarts boarding, prompting another operational pause

Just days after announcing its gradual return to the Red Sea, global cargo shipping giant Maersk finds itself at the center of escalating tensions as its vessel, the Maersk Hangzhou, becomes the target of a missile and small boat swarm by Yemen’s Houthi Group. The assault occurred approximately 55 n

about 2 years ago
FPSO Pioneiro de Libra which Ocyan operates through a joint venture with Altera Infrastructure; Source: Ocyan
Business Developments & Projects

US firm taking over Brazil’s only FPSO operator, thanks to $390 million deal for Ocyan

EIG is in the process of acquiring Ocyan Participações, a Brazilian-based solutions provider to the offshore oil and gas industry.

about 2 years ago
AD140 jack-up rig; Source: Arabian Drilling
Business Developments & Projects

WATCH: All about upgrade works for three new jack-up rigs in drilling player’s fleet

Arabian Drilling has provided an update on the upgrades to its new offshore rigs, which have been hired for drilling ops by Aramco.

about 2 years ago
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