UAE’s state-owned energy giant ADNOC will be investing nearly $1 billion in the long-term development of the Umm Shaif field.
NeuConnect, a new interconnector between the UK and Germany, has received permits from the relevant Dutch authorities for works offshore the Netherlands. A section of the project’s subsea cabling route will pass through Dutch waters in the North Sea, requiring a Water Permit and a Nature Permit, whi
Norway-based Magseis Fairfield has appointed former Shell manager Fons ten Kroode to the position of chief geophysicist, effective from 1 February. Ten Kroode, who is joining Magseis Fairfield after spending 30 years at Shell, will be based in the company’s headquarter at Lysaker. “I am pleased to w
Singapore-headquartered subsea engineering company G8 and South Korean industrial business group Holim Tech have entered into an agreement to develop a 1.5 GW of offshore wind project paired with lithium-ion energy storage system in South Korea. “We are pleased to initiate the commercial execution o
TGS and WesternGeco have kicked off the Engagement Phase 2 of their ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico. The 168 OCS block survey began in August 2021 and is expected to be completed during the first quarter of 2022. The results from this data p
QatarEnergy has awarded a major EPCI contract for the offshore scope of its North Field Expansion Project to McDermott.
Happy New Year from Offshore Energy team
Tech startup Hydro Wind Energy is in the process of developing scaled prototypes of high-altitude kites powered by offshore wind with the goal to ”disrupt global energy and desalination markets”. The technologies for power generation and energy storage, OceanHydro Wind, and water desalination, SubSe
IOG plc has finally started drilling the first Southwark development well following a two-month hiatus due to rig issues.
The energy transition process is moving ahead with each passing day as witnessed in a week behind us with a lot of announcements highlighting the net-zero future. A good example of the will to change comes from CNOOC Petroleum Europe and Flotation Energy, currently involved in a project which would
S&P Global Platts Analytics expects the Middle East to struggle to reach net-zero targets as emissions from oil & gas are expected to rise.
Petronas is anticipating further uncertainty for oil & gas business as the energy transition sets new challenges and spreads over the sector.
Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
The gas-in procedure for the second string of the Nord Stream 2 pipeline has been completed, according to a project update from 29 December. The string is filled with circa 177 million m3 of so-called technical gas, reaching a pressure of 103 bar in the pipeline, said to be as planned and in line wi
