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Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Feb 23, 2024

The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in…

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

Feb 23, 2024

2023 was the first year of real recovery for owners in the offshore supply market and yet we have barely skimmed the surface of what’s to come.The market is still on an upward trajectory with charter rates accelerating month-by-month, availability changing day-by-day…

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Feb 23, 2024

Australia's Woodside Energy has entered agreement with Japan’s largest power generation company JERA for the sale of 15.1% non-operating participating interest in the Scarborough gas field development project offshore Australia.The total consideration…

Floating Production – A Growing Segment in Transition

Feb 22, 2024

The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources.To receive a full version of Inteletus analysis, click hereThe established…

Are North Sea Jack-Ups Set for Flat 2024?

Feb 21, 2024

Global jack-up marketed utilization has been on an upward trajectory since 2017, reaching its peak of 94% at the end of 2023. However, the outlook for the year ahead looks somewhat flat, though there is still time for new demand.The North Sea jack-up market has improved year-on-year since 2017…

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

Feb 21, 2024

SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO…

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Feb 19, 2024

Norway’s energy major Equinor and the Indian fertilizer and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026.Equinor’s growing global LNG portfolio…

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

Feb 19, 2024

Pavilion Energy, the charterer of Singapore’s recently delivered first membrane LNG bunker vessel Brassavola, has concluded its first Ship-to-Ship (STS) LNG bunkering operation.Pavilion Energy said on February 19, 2024, the bunkering operation to Rio Tinto chartered dual-fueled bulk carrier…

Marine Power R&D Insights: Matt Hart, Wabtec Corporation

Feb 13, 2024

Matt Hart, Manager & Platform Leader, Marine & Stationary Power Systems, Wabtec, offers insights on how the megatrends of decarbonization, energy transition and autonomy all inspire and impact the marine power solutions from Wabtec.Matt, to start us off…

Jadestone Eyes Woodside’s Macedon and Pyrenees Fields Offshore Australia

Feb 13, 2024

Asia Pacific-focused oil and gas company Jadestone Energy has confirmed its participation in the bid process for the proposed sale of Woodside’s interest in the Macedon and Greater Pyrenees projects offshore Western Australia.The bid process…

Valeura Buys Nong Yao Field’s FSO Aurora and Expands Wassana Drilling Campaign

Feb 13, 2024

Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…

Baron Oil Schedules Site Survey at Timor-Leste Gas Field

Feb 12, 2024

Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste.Site survey operations at the gas field…

Borr Drilling Secures $82M for Three Jack-up Rigs

Feb 12, 2024

Offshore drilling contractor Borr Drilling has secured contract commitments totalling 495 days and $82.2 million in revenue for three of its jack-up rigs, excluding mobilization and demobilization compensation.Firstly, BW Energy has extended…

BW Opal FPSO Starts Taking Final Shape Ahead of Barossa Assignment

Feb 09, 2024

FPSO leasing company BW Offshore has made progress on the topside module integration for the newbuild floating production storage and offloading (FPSO) unit BW Opal, that will be deployed at Santos' Barossa gas project, offshore Australia.The…

China Puts First ‘Home-Made’ Subsea Xmas Tree Into Operation

Feb 09, 2024

China National Offshore Oil Corporation (CNOOC) has put into operation the first domestically developed subsea Xmas tree.CNOOC’s subsea Xmas tree is 3.5 meters long, 3.2 meters wide and 3 meters high, with an overall weight of nearly 22 tons…

Current News

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

Are North Sea Jack-Ups Set for Flat 2024?

Are North Sea Jack-Ups Set for Flat 2024?

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

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