Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon

(Offshore-energy.biz) Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investment to ramp up global transformer production, is expected to enable Hitachi Energy to meet... Continue Reading →

June 12, 2024 0

SBM Offshore announces the completion of the Share Purchase Agreements with Sonangol

SBM Offshore is pleased to announce that it has completed the acquisition of the shares in the lease and operating entities related to FPSOs N’Goma, Saxi Batuque and Mondo from its partner Sonangol EP. Simultaneously, SBM Offshore completed the sale of all its shares in the parent company of the Paenal shipyard in Angola to... Continue Reading →

June 11, 2024 0

Petrobras and Shearwater Join Forces for Seismic Tech R&D

Brazilian state-owned energy company Petrobras and seismic acquisition company Shearwater Geoservices have signed a memorandum of understanding (MoU) for joint development and execution of scientific research and technology innovation within seismic processing and acquisition focused on data quality, value and efficiency. The five-year agreement comes in addition to previously announced cooperations between the two companies... Continue Reading →

June 11, 2024 0

Vard Launches Prysmian’s Monna Lisa Cable Layer

Norwegian shipbuilder Vard has launched a 171-meter-long cable laying vessel (CLV) Monna Lisa, being built for Prysmian, marking another major milestone towards the delivery of the vessel, scheduled for 2025. Prysmian executives gathered at the VARD shipyard in Tulcea, Romania to celebrate the launching of the new CLV Monna Lisa, the sister ship to the... Continue Reading →

June 11, 2024 0

Shearwater and XOCEAN Team Up for CCS and Offshore Wind Markets

(OE) Marine seismic acquisition firm Shearwater Geoservices and ocean data company XOCEAN have entered strategic collaboration to explore opportunities in carbon capture and storage (CCS) and offshore wind markets. Building on the successful joint delivery of several large data campaigns, Shearwater and XOCEAN are now jointly exploring technology and operational synergies to provide integrated data... Continue Reading →

June 11, 2024 0

PGS and TGS Clear Final Regulatory Hurdle for Merger Completion

(OE) Norwegian seismic firms TGS and PGS have received approval from the UK Competition and Markets Authority, securing final regulatory approval for the creation of ‘premier’ energy data company. The approval for the merger from the UK Competition and Markets Authority (CMA) follows the one issued by the Norwegian counterpart in April 2024. The clearance... Continue Reading →

June 11, 2024 0

Oceaneering signed new contracts with Petrobras to deliver 362km of umbilicals

Oceaneering announced this morning (10) that it had signed two new and important contracts with Petrobras, which provide for the supply of up to 362 kilometers of steel tube umbilicals and thermoplastic electro-hydraulic umbilicals. The agreements also include the supply of associated subsea distribution hardware for use in offshore projects in Brazil. Manufacturing of the... Continue Reading →

June 10, 2024 0

Noble Corporation and Diamond Offshore Enter Merger Creating 41 Rig Units Fleet

(OE) Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion. Noble will acquire Diamond in a stock plus cash transaction, whereby Diamond shareholders will receive 0.2316 shares of Noble, plus cash... Continue Reading →

June 10, 2024 0

Baker Hughes Gets Multi-Year P&A Contract from Petrobras for Fields Off Brazil

(OE) U.S. oilfield services giant Baker Hughes has secured a contract from Brazil state-owned oil and gas major Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil. The multi-year project, set to start in the first half of 2025, will be managed with Baker Hughes’ integrated solutions portfolio... Continue Reading →

June 10, 2024 0

Six Innovators Selected to Advance New York’s Offshore Wind Potential

(OE) The Offshore Wind Innovation Hub, led by Equinor, has selected six companies that will receive support to further develop their ideas and advance offshore wind’s potential in New York. Six companies were selected from a pool of 78 applicants based on the novelty of their solutions that will help propel the United States to... Continue Reading →

June 7, 2024 0

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Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon

SBM Offshore announces the completion of the Share Purchase Agreements with Sonangol

Petrobras and Shearwater Join Forces for Seismic Tech R&D

Vard Launches Prysmian’s Monna Lisa Cable Layer

Shearwater and XOCEAN Team Up for CCS and Offshore Wind Markets

PGS and TGS Clear Final Regulatory Hurdle for Merger Completion

Oceaneering signed new contracts with Petrobras to deliver 362km of umbilicals

Noble Corporation and Diamond Offshore Enter Merger Creating 41 Rig Units Fleet

Baker Hughes Gets Multi-Year P&A Contract from Petrobras for Fields Off Brazil

Six Innovators Selected to Advance New York’s Offshore Wind Potential

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