Brought to you by Quest Offshore & Southern Cone Consultants
Sept. 30 (offshoreWIND.biz) Ørsted’s Barrow Offshore Wind Farm off the UK’s Cumbrian coast has been in commercial operation for 20 years. Located 7 kilometres south-west of Walney Island in the Irish Sea, Barrow comprises 30 Vestas V90-3.0 MW turbines with a combined capacity of 90 MW. The wind farm became commercially operational in 2006. Barrow... Continue Reading →
Sept. 21 (OE) The 704 MW Revolution Wind offshore wind project has completed installation of all 65 turbines, with full energization expected by the end of 2026. The project, a 50-50 joint venture between Global Infrastructure Partners' Skyborn Renewables and Ørsted, began delivering electricity to the New England grid on March 14. Revolution Wind, located... Continue Reading →
Sept. 14 (OE) Saipem has been awarded a contract worth about $350 million for subsea work on Azule Energy's West Hub Tails oil project offshore Angola, part of the wider Agogo Integrated West Hub Development. The project is located about 180 kilometers offshore Angola in water depths of up to 1,750 meters. Under the contract... Continue Reading →
Sept. 9 (OE) SLB and Shearwater GeoServices have launched a 3D multi-client seismic survey offshore Amapá in Brazil’s Equatorial Margin, targeting an underexplored area that has attracted increased interest following the recent Morpho hydrocarbon discovery. The Amapá 3D survey area is located about 130 kilometers from the Morpho exploration well and is designed to provide... Continue Reading →
Sept 4 (Reuters) - Italian oil company Eni has improved its chances of recovering more than $2.3 billion owed by Venezuela with the signing this week of a new oil project deal in the country, analysts said on Friday. After nearly three decades in Venezuela, Eni has accumulated those receivables from state-owned oil group PDVSA. As Washington and... Continue Reading →
Aug. 13 (oilprice.com) Over the past couple of years, Colombia’s clean energy transition has shifted into overdrive under President Gustavo Petro’s "Just Energy Transition" agenda, with the country pivoting away from fossil fuels towards wind and solar energy. Petro, Colombia’s first ever left-wing president, instituted a strict ban on signing new oil, gas and coal exploration contracts... Continue Reading →
Aug. 12 (OE) Borr Drilling reported lower revenue and adjusted earnings for the second quarter of 2026 as rig transitions, higher operating costs and delays getting the Odin to work weighed on results. The jack-up drilling contractor reported Q2 operating revenue of $232.3 million, down 6% from $247 million in the first quarter. Adjusted EBITDA... Continue Reading →
Aug. 3 (OE) Dutch lifting equipment specialist Huisman has secured a contract from CIMC Raffles Offshore to supply lifting and handling systems for a next-generation deepwater offshore installation vessel being built for a joint venture between Solstad Offshore and SBM Offshore. The contract covers an integrated equipment package comprising a 350-tonne A-frame, a 500-tonne knuckle... Continue Reading →
July 31 (Reuters) - An ExxonMobil-led joint venture has recovered the billions of dollars it invested to develop a large oilfield in Guyana, its chief financial officer told Reuters, and the South American country will now receive more oil money. Guyana's Stabroek Block, estimated to hold at least 11 billion barrels of oil equivalent, has become... Continue Reading →
June 24 - ASCO, a global logistics, materials management and operations specialist, has signed a Heads of Terms with N.V. Dordt Gateway to establish a strategic joint venture to support the development and operation of the Dordt Marine Support Base in Commewijne, Suriname. The agreement includes the formation of a joint operating company, Dordt Operations... Continue Reading →
