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Maritime News - page 24

 

Top 10 Things to Watch in Offshore Wind in '24

Dec 20, 2023

Despite short-term obstacles driven by high inflation and interest rates coupled with supply chain issues, we maintain that the foundations supporting long-term offshore wind activity remain solid. As we prepare for the new year, let us look…

Mubadala Energy Makes Major Gas Discovery Offshore Indonesia

Dec 19, 2023

Mubadala Energy has made a significant gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, offshore North Sumatra in Indonesia.Mubadala Energy is the operator of the South Andaman Gross Split PSC and this is the first deep water well operated by the company…

DOF Set to Bring in $30M From Two New Projects

Dec 19, 2023

Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. The first contract for DOF covers engineering…

BP Pulls Back $40 Million in Pay from Former CEO Looney

Dec 13, 2023

BP cut over $40 million in remuneration from former CEO Bernard Looney after the British oil giant concluded he had knowingly misled the board over personal relationships with colleagues.BP's board dismissed Looney without notice effective Dec…

FPSO Atlanta Prepped to Join Yinson Fleet in '24

Dec 13, 2023

Yinson Production officially named its latest addition to the fleet, FPSO Atlanta, during a naming ceremony held at Dubai Drydocks World on December 13, 2023.FPSO Atlanta has a production capacity of 50,000 BOPD and a maximum storage capacity of 1…

Three Winners for Japan's 2nd Offshore Wind Power Tender

Dec 13, 2023

Japan's industry and land ministries on Wednesday picked three consortia, including one featuring Germany's RWE and its partners, to operate offshore wind farms in the second round of a public auction. They said they would award a fourth wind farm that was part of the tender at a later date…

Offshore Energy Production & the World Economy

Dec 12, 2023

As the price of gas continues to seemingly hold steady at around three dollars a gallon, the pocketbooks of Americans continue to suffer. Regretfully, due to global conflict and the outbreak of wars across Europe and the Middle East, oil prices are continuing to climb upwards…

Transocean Inks $251m Semisub Contract

Dec 12, 2023

Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.Expected to commence in the first quarter of 2025…

Back to School: Virtual Field Trip for 27,000 Students onboard Saipem 7000

Dec 12, 2023

As the maritime and offshore industries cumulatively search for ways to attract the 'next generation,' Saipem has come up with an innovative approach that gives thousands of students the ability to virtually visit work in the offshore environment…

N-KOM Rebrands as Qatar Shipyard Technology Solutions

Dec 12, 2023

N-KOM, an offshore and marine repairs facility in Qatar, is rebranding as Qatar Shipyard Technology Solutions. The company adopted launching its new identity in alignment with its 13th anniversary, confirming its endeavor to make a qualitative…

deugro Completes Heavy Lift Move for FPSO Project in China

Dec 11, 2023

deugro reports that it has delivered a 15.8 x 13.2 x 17.2-m, 392-metric ton CO2 removal system from Rizhao to the COSCO Shipyard Qidong, China.The journey began in Rizhao, China and concluded at the COSCO Shipyard Qidong, spanning a domestic…

Japan's Kansai Joins Floating Offshore Wind Project in Norway

Dec 07, 2023

Galileo and Odfjell Oceanwind are collaborating with Vår Energi on a floating offshore wind project at the Goliat platform outside Hammerfest in Norway. The partnership has been strengthened with The Kansai Electric Power Company Inc., a Japanese utility company…

Carbon Capture Chasm Exposed at Climate Summit

Dec 07, 2023

Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation…

Gas Development Offshore Morocco

Dec 07, 2023

Energean plc has farmed into Chariot Limited’s acreage offshore Morocco, which includes the 18 Bcm (gross) Anchois gas development and significant exploration prospectivity. This new country entry is well-aligned with Energean’s strategy to…

Malaysia Banks 1 Billion+ BOE Discoveries in 2023

Dec 01, 2023

PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023. This achievement…

Current News

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Indonesia Awards Oil and Gas Blocks to Boost Reserves

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