Allseas has begun the planning and preparation for what it says is the largest-ever offshore decommissioning assignment in Australia, encompassing the removal of up to 12 retired platforms. Allseas has been appointed by Esso Australia, a subsidiary of ExxonMobil Australia, to remove 12 topsides and
Brazilian oil and gas giant Petrobras and Dutch geo-data specialist Fugro have signed a 175-day addendum to their current inspection, repair and maintenance (IRM) services contract to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil. Work will start in January
The number of vessels ordered with alternative-fueled capability is growing with 27 ammonia and 322 methanol-fueled vessels currently on the orderbooks, according to DNV’s Alternative Fuels Insights platform.
Petrobras is looking forward to welcoming the fifth addition to its huge oil field off the coast of Brazil once a floating production, storage, and offloading (FPSO) vessel, which left a Chinese shipyard to embark on a miles-long journey toward the pre-salt layer of the Santos Basin, arrives to achi
Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply
Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate
The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost
BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt.
Switzerland’s Federal Council adopted the national hydrogen strategy the same day that Axpo and its partners broke ground on the site of a new hydrogen production plant to be constructed by H2Uri.
Japan-headquartered Sumitomo Electric Industries has completed an interconnector in the Philippines which included the installation of a 27-kilometer-long high-voltage submarine power cable. The project involved laying a 230 kV AC submarine cable of 1,200 MW capacity along a 27-kilometer route betwe
Security is a topic that has expanded in the last couple of years, bringing new worries to Europe. With a number of incidents occurring in European seas that harmed subsea (energy) infrastructure, seabed security made its way onto one of the first places on the energy security chart. A panel at Offs
ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow.
South Korea’s Ministry of Oceans and Fisheries (MOF) has unveiled a whopping 14 trillion KRW (circa $9.78 billion) investment plan to upgrade the Port of Busan by 2045 aiming to achieve the world’s largest container handling capacity and establish the port as a “leading” logistics hub in the region.
The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is
