Offshore Energy News


Chinese Seismic Giant Buys 18,000 Seabed Nodes from Sercel

Jul 12, 2021

CGG, a France-based provider of seismic data for oil and gas exploration, said Monday its subsidiary Sercel has recorded the first major sale of its recently launched GPR300 seabed nodal solution.Sercel sold the nodes to BGP, a China-based international geophysical services provider…

Aker Solutions Confirms Major Subsea Compression Contract with Chevron

Jul 06, 2021

Norway's Aker Solutions confirmed Tuesday it had secured a 'major contract' from Chevron to provide a subsea gas compression system for the Jansz-Io field, offshore Western Australia. The contract follows Chevron's sanction of the $4 billion project last week…

L3 Harris Tapped to Deliver USV for Offshore Oil Spill Response

Jul 01, 2021

An unidentified 'leading integrated oil and gas company' recently took delivery of an Unmanned Surface Vehicle (USV) from  L3Harris Technologies, a USV designed to help out during oil spill response operations.C-Tug 3 is an 11-ft. USV  outfitted with L3Harris' ASView control system…

As Big Oil Pushes into Offshore Wind, Seabed Lease Prices Will Rise

Jun 21, 2021

The world's largest offshore wind developer Orsted is concerned that Big Oil's eagerness to harness wind at sea could push up prices for seabed leases, making the technology less competitive, its chief executive told Reuters.European oil firms including Total…

MENCK Delivers 'World's Largest' Hammers for Offshore Wind Installation in Taiwan

Jun 18, 2021

Dutch offshore installation company Heerema Marine Contractors has signed a contract with Acteon's offshore pile-driving operating subsidiary MENCK for the provision of two of the world’s largest hammers to support offshore wind installation activities in Taiwan…

Petronas, TechnipFMC Sign Limbayong SURF Contract

Jun 01, 2021

Malaysian oil and gas company Petronas on Tuesday confirmed the contract award to TechnipFMC for the engineering, procurement, construction, installation, and commissioning for a subsea production system, umbilical, riser, and flowline (SURF) for its Limbayong deepwater development…

Benthic Wraps Geotechnical Survey at Santos' Dorado Site

May 26, 2021

Benthic, part of Acteon's geoservices division, has said it has completed geotechnical site investigation services for Santos at the Dorado field off the coast of Western Australia.Benthic said this week that the work at the Dorado site involved…

Simec Atlantis Energy's Tidal Turbine Passes Test in Japan

May 24, 2021

Simec Atlantis Energy (SAE) has informed that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government's pre-use inspection tests.  The site, which features the AR500 tidal turbine installed earlier this year…

SEAJET Offers Its Excavation Tech to Offshore Industry through 'Own and operate' Model

May 18, 2021

Dubai-based SEAJET Systems has offered its controlled flow excavation (CFE) technology to the offshore energy industry through an 'own and operate' model.'Usually offered as a rental product, SEAJET identified an opportunity to provide a more cost-effective…

PanGeo Subsea Delivers Sub Bottom Imager for Formosa 2 Depth of Burial Survey

May 03, 2021

Sub-Seabed 3D Acoustic Imaging Technology Enters Taiwan Market to Support Jan De Nul’s Offshore Wind Farm DevelopmentsPanGeo Subsea introduced its patented Sub-Bottom Imager (SBI) to Taiwan to deliver sub-seabed imaging for Jan de Nul, in support of Formosa 2 Offshore Wind Farm Project…

Oil Profits Soar: Oil Majors Shed Pandemic Blues

Apr 29, 2021

Europe's major energy companies profited from a rise in oil prices to report big increases in first-quarter earnings on Thursday, putting the worst of the pandemic era slump in fuel demand behind them.Last year's demand collapse forced BP, Royal…

Offshore Wind: Orsted Earnings, Shares Dented by Lower Wind Speeds, Cable Problems

Apr 29, 2021

Lower wind speeds and cable problems hit first-quarter earnings at Denmark's Orsted , sending shares in the world's biggest offshore wind farm developer lower on Thursday.Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 4…

Dogger Bank – Who's Who in the World's Largest Offshore Wind Project

Apr 28, 2021

Dogger Bank is not simply an offshore windfarm project, it is THE offshore windfarm project. Dogger Bank is an offshore wind farm site in the UK North Sea that will, once fully built, be the world's largest and most innovative. Here Offshore…

Aquaterra Energy Wins Riser Deal in APAC

Mar 03, 2021

Offshore engineering solutions provider Aquaterra Energy said Monday it had won a multi-million-dollar riser contract in the Asia Pacific region.Aquaterra said the contract was with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region…

MARKET: Why Don’t OSVs Get Scrapped?

Mar 01, 2021

The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization…

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