(OET) Norwegian survey services provider Magseis Fairfield has delisted its shares from the Oslo Stock Exchange (Oslo Børs) following the acquisition by TGS. The process with TGS started when the company announced a voluntary offer for all shares in Magseis Fairfield (ticker: MSEIS) on 29 June 2022. When this offer expired in October, TGS received accepts for... Continue Reading →
Boskalis lands US offshore wind farm deal with mystery client
(OET) Dutch offshore services provider Boskalis has won a contract with an undisclosed client to construct a large wind farm offshore the USA. Under the contract, Boskalis will transport and install the wind turbine foundations and power cables for which two crane vessels, and several transport and cable-laying vessels will be deployed, the company said. The Dutch... Continue Reading →
US Offshore Wind: Our Interconnected Future
Greg Lennon, Contributor (OE) It will take a team effort that spans sectors and even industries to meet the United States’ goal of 30 GW of offshore wind by 2030, writes Greg Lennon, ABS Vice President, Global Offshore Wind. As the United States offshore wind (OSW) industry considers the Biden-Harris Administration’s 30 gigawatts (GW) by 2030... Continue Reading →
Exxon Set to Order Fifth Guyana FPSO, Sizing up More Blocks
Exxon Mobil Corp. is preparing to approve its fifth oil production project in Guyana and is considering taking additional exploration acreage, the head of its Guyanese operations, Alistair Routledge, told Reuters in an interview. The efforts would add significantly to the $30 billion committed thus far by Exxon and Guyana partners Hess Corp and CNOOC... Continue Reading →
TotalEnergies Greenlights U$ 1 Billion FID for Deepwater Development off Brazil
French-headquartered energy giant TotalEnergies has approved a final investment decision (FID) for an oil development project located in the Santos Basin, 300 km off the coast of Brazil. TotalEnergies announced the FID for the Lapa South-West oil development project on Monday, 16 January 2023. The French player operates this project with a 45 per cent interest, in... Continue Reading →
Petrobras on FPSO Guanabara
Petróleo Brasileiro S.A. – Petrobras informs that the Guanabara platform vessel, installed in the Mero field, in the Santos Basin pre-salt, reached its maximum production capacity, with the mark of 180 thousand barrels of oil per day (bpd), about eight months after the unit started operating. Of the FPSO (floating production, storage, and oil transfer... Continue Reading →
Helix Robotics charters Glomar vessel for three years
(OET) Helix Robotics Solutions has entered into a three-year charter agreement for the DP2 offshore support vessel Glomar Wave for work in the renewables and oil and gas sectors. The 66.4-meter multi-role vessel can be configured with one or two remotely operated vehicles (ROVs) and Helix’s new custom-built IROV boulder and debris clearance tool. Glomar... Continue Reading →
Valaris Bags Drilling Contracts in Brazil, U.S. GoM, and UK North Sea
Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea. In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship. With this extension, the GustoMSC P10000-design drillship is expected to remain busy until December 2023.... Continue Reading →
Marco Polo Marine Partners Up with S. Korean Firms for Offshore Wind Work
Marco Polo Marine, a Singapore-listed offshore vessel company, has entered the South Korean market with a "landmark" Memorandum of Understanding signed with South Korean companies Namsung Shipping Co., Ltd. and HA Energy Co., Ltd. (“HA-E”). Under the MoU, the companies have committed "to jointly pursue synergistic offshore wind vessel operations in South Korea." South Korea’s... Continue Reading →
Mingyang Unveils Powerful Offshore Wind Turbine with ‘Beyond 18MW’ Capacity
(OE) China's Mingyang Smart Energy on Friday announced the launch of next flagship offshore wind turbine – the MySE 18.X-28X - "going beyond the 18MW threshold." This means that, at the time of writing, this is the most powerful offshore wind turbine announced so far. According to the company, the MySE 18.X-28X, with 140-meter-long blades... Continue Reading →