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Illustration; Source: Pertamina
Business & Finance

Pertamina ups the offshore oil spill detection ante with solution from Norwegian player

Pertamina has chosen to fit a marine surveillance system by Norway’s Vissim at its platform offshore Indonesia.

about 2 years ago
FPSO Serpentina operating on Block B's Zefiro field offshore Equatorial Guinea; Source: Delmar Systems
Business & Finance

New five-year assignment in Equatorial Guinea brings $350 million to Petrofac

Petrofac has won a long-term technical services contract to support the operation of the Block B asset off the coast of Equatorial Guinea.

about 2 years ago
Balmoral Group company Balmoral Comtec has won a multi-million-pound contract with TechnipFMC to provide more than 600 buoyancy modules for Equinor’s UK oil & gas field.
Business & Finance

TechnipFMC orders buoyancy modules for Equinor’s giant UK oil & gas field

Balmoral Group company Balmoral Comtec has won a multi-million-pound contract with TechnipFMC to provide more than 600 buoyancy modules for Equinor’s UK oil & gas field.

about 2 years ago
ACE platform on ACG field; Source: BP
Business & Finance

First oil gushes out of BP’s giant new offshore platform in Azerbaijan

BP has started oil production from its new 48-slot production, drilling, and quarters platform in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
Norwegian seismic duo receives local clearance for merger
Business & Finance

Norwegian seismic duo receives local clearance for merger

Norwegian seismic companies PGS and TGS have received clearance from the Norwegian Competition for their merger. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine the two firms and create a strong full-service energy data company. The companies’ shareholders

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Business & Finance

With wind in its sails, Yinson Production’s FPSO crossing oceans during voyage to Brazil (Gallery)

An FPSO is approaching the Cape of Good Hope while making its way to Brazilian waters, where it will deployed at an oil field in the Santos Basin.

about 2 years ago
JERA and CF Industries join forces on low-carbon ammonia
Business & Finance

JERA and CF Industries join forces on low-carbon ammonia

JERA has executed a joint development agreement with CF Industries to jointly explore the development of a low-carbon ammonia production project in the U.S.

about 2 years ago
Transocean Deepwater Skyros drillship (former Ocean Rig Skyros); Source: Egon Stefanic
Business & Finance

Transocean drillships staying longer in Gulf of Mexico and Angola

Transocean has won contract extensions for two floaters in its rig fleet, prolonging drillships’ assignments in Angola and the U.S. Gulf of Mexico.

about 2 years ago
Illustration; Source: Baron Oil
Business & Finance

New drilling location picked for next well on gas field offshore Timor-Leste

Baron Oil has selected a new drilling location for an appraisal well at a gas field off the coast of Timor-Leste, thanks to the site survey work.

about 2 years ago
PSV Aurora Cooper; Source: Aurora Offshore
Business & Finance

Cyprus-based firm pools resources with UK player to widen its offshore energy market reach with two vessels

Pelagic Partners has invested in two PSVs, joining forces with UK’s Borealis Maritime and thus boosting its offshore energy asset exposure.

about 2 years ago
U.S.-based Sea Machines Robotics has launched a new unmanned surface vessel (USV) for marine exploration and operations.
Business & Finance

US firm launches its ‘first turnkey autonomous vessel’

According to Sea Machines, the company’s first turnkey autonomous vessel SELKIE will be deployed for hydrographic surveying, offshore asset inspection, security operations, and environmental studies.

about 2 years ago
CETO technology
Business & Finance

Carnegie’s wave energy converter step closer to deployment at BiMEP

CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has achieved a milestone as part of the ACHIEVE project, coming one step closer to deploying its CETO wave energy converter in the Basque Country, Spain. CWEI passed the EuropeWave Authorisation to Proceed (ATP) mil

about 2 years ago
Illustration; Source: Wood
Business & Finance

Sunrise coming up next on Wood’s agenda thanks to task for Woodside’s gas and condensate fields

Wood has been put in charge of a concept study for offshore gas and condensate fields located approximately 450 km northwest of Darwin.

about 2 years ago
Shearwater unveils new seismic source technology for deeper imaging
Business & Finance

Shearwater buys equity stake in Swiss provider of 3D imaging services

The FWI, a seismic data processing technology, enhances subsurface structure visualization, improves reservoir comprehension, and facilitates more efficient survey planning and execution, said Shearwater.

about 2 years ago
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