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Offshore Energy News

 

OneSubsea to Supply Subsea Wellheads for Prime Energy’s Malampaya Field

Mar 19, 2024

Prime Energy has awarded of a contract to OneSubsea, a Schlumberger company, for the supply of wellheads, christmas trees (control equipment), and subsea production system for phase 4 drilling at Malampaya field, offshore Philippines.The equipment, to be supplied by the end of 2024, will be used for Malampaya Phase 4 to drill and tie-in two new deepwater wells in the Camago and Malampaya East fields to the Malampaya Shallow Water Platform…

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

May 08, 2024

Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin…

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

May 08, 2024

Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has been awarded three well services contracts in Malaysia, increasing its market share in the Asia Pacific region.The company has won two contracts…

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Apr 29, 2024

Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.The contract, effective from February 21…

Subsea Vessel Market is Full Steam Ahead

Apr 23, 2024

Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…

Sapura Energy to Provide Subsea Services for Shell Off Malaysia

Apr 04, 2024

Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Shell’s Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum…

Argeo Inks Pact with CSI for Second HUGIN Superior AUV

Mar 22, 2024

Argeo Subsea, CSI Nordics and Kongsberg Discovery signed a three-party Certificate of Delivery and Acceptance for a new HUGIN Superior AUV. The agreement supports Argeo’s fleet expansion plans, as it aims to build the world’s most advanced AUV fleet…

MoU Signed for Offshore Wind Solutions in Taiwan

Mar 22, 2024

Swire Renewable Energy A/S (SRE) and Tien Li Offshore Wind Technology Co., signed a Memorandum of Understanding (MoU) to deliver operations and maintenance services in the Taiwanese offshore wind turbine industry and other parts of the Asia Pacific region…

Fugro Gets Marine Survey Job at Indonesia’s LNG and CCS Scheme

Mar 05, 2024

INPEX Masela (INPEX), a subsidiary of INPEX Corporation, has awarded Fugro a significant marine survey contract for the Abadi liquefied natural gas (LNG) project in Indonesia.Fugro will perform geophysical and geotechnical surveys needed to…

Mermaid Sets Up Subsea Services JV in Vietnam

Mar 04, 2024

Mermaid Maritime has established a joint venture (JV) with Tan Cang Offshore Services in Vietnam which will offer subsea services for the country’s offshore sector.The primary activities of the newly formed JV will be to offer vessel chartering…

Quick Connect: OAL Subsea Pipeline Completed

Mar 01, 2024

Making a twist on the proverb 'necessity is the mother of invention', GASCADE Gastransport GmbH and StreamTec Solutions AG completed the Ostsee Anbindungsleitung (OAL) subsea pipeline connecting the Mukran LNG terminal to the German energy grid at Lubmin in 18 months…

Enhancing Environmental Accountability in Offshore Operations via Data Analytics

Feb 28, 2024

As an industry, the offshore energy sector continues to evolve its approach to reducing environmental impact. Looking beyond the mandatory reporting of scope 1 and 2 carbon emissions, focus is now shifting to scope 3 emissions where many global…

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…

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…

BP Launches Its ‘Largest-Ever’ Seismic Program at Azerbaijan Oil Field

Jan 24, 2024

BP has started a new four-dimensional (4D) high-definition ocean bottom node seismic program on its Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, offshore Azerbaijan.This is the largest-ever seismic acquisition commitment made by BP globally by all its aspects – area size…

Current News

PTTEP Buys Wintershall Dea's Share in Abu Dhabi’s Ghasha Concession

PTTEP Buys Wintershall Dea's Share in Abu Dhabi’s Ghasha Concession

Temasek to Finalize Deal with Shell for Pavilion Energy LNG Asset Sale

Temasek to Finalize Deal with Shell for Pavilion Energy LNG Asset Sale

Valeura’s Newly Acquired FSO Aurora Checks in at Nong Yao Field Offshore Thailand

Valeura’s Newly Acquired FSO Aurora Checks in at Nong Yao Field Offshore Thailand

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

China, Pakistan Agree to Strengthen Oil and Gas Cooperation

China, Pakistan Agree to Strengthen Oil and Gas Cooperation

CNOOC Makes Major Gas Discovery in South China Sea Waters

CNOOC Makes Major Gas Discovery in South China Sea Waters

TotalEnergies Inks Two LNG Supply Deals in Asia

TotalEnergies Inks Two LNG Supply Deals in Asia

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