Offshore ///

DNV completes concept verification review of Odfjell Oceanwind’s WindGrid floating wind power system

Odfjell’s WindGrid is a solution for providing an uninterrupted power supply from Mobile Offshore Wind Units to micro-grids. It combines energy storage, grid converters and floating wind turbines in order to enable gas turbine generators to be shut down during peak wind power production.

Equinor extends Heimdal gas center’s North Sea service contract to 2023

New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon. The Heimdal partners have now decided to extend operations at Heimdal to 2023.

Suncor Energy and Terra Nova partners agree to short-term project funding

Co-owners of the Terra Nova FPSO facility and associated Terra Nova Field have reached an agreement in principle to restructure the project ownership and provide short-term funding towards continuing the development of the Asset Life Extension Project, with the intent to move to a sanction decision this fall.

NOIA calls for immediate resumption of Gulf of Mexico oil lease sales

"The Department of the Interior is required by law to expeditiously develop America’s energy resources, and this includes the obligation to schedule and hold offshore oil and gas lease sales," said National Ocean Industries Association President Erik Milito.

Lundin Energy targets carbon-neutral oil from Johan Sverdrup

Lundin Energy is starting with the Johan Sverdrup field offshore Norway because the direct emissions from the project are already about 40 times lower than the world average, largely because its offshore facilities are powered by electricity.

Biden’s oil lease ban lifted by federal judge

In a victory for 13 states that filed a legal challenge in Louisiana, U.S. District Judge Terry Doughty granted a preliminary injunction blocking President Joe Biden’s Jan. 27 executive order banning new oil and gas leases on public lands while litigation continues.

Making in-situ flowmeter calibration a reality

Dr. Bruno Pinguet, TUV SUD NEL

A combination of laboratory and wellsite analysis can be used to address in-situ meter performance to reduce maintenance frequency. This conditioned-based monitoring can reduce the overall annual cost of operating multiphase flowmeters in deeper and more remote fields.

Transocean joins GameStop and AMC in monetizing its meme-stock status

Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock price driven by the meme-stock frenzy and rising oil prices.

Equinor awards offshore Brazil EPCI contract to Subsea Integration Alliance

Schlumberger announced an award to Subsea Integration Alliance of a large contract by Equinor on its Bacalhau project offshore Brazil. The contract scope covers the engineering, procurement, construction and installation of the subsea production systems and subsea pipelines.

Norway’s climate activists pivot to human rights to challenge Arctic drilling

Climate activists that failed in their attempt to stop oil and gas drilling in Norway’s Arctic are taking the case to the European Court of Human Rights.

Trade group says Gulf of Mexico energy output fits with Biden’s climate plans

“There is substantial momentum across all segments of the economy in transparency and reporting of GHG emissions, sustainability, and ESG performance. The SEC should exercise restraint from taking any action that could hinder or otherwise complicate these ongoing efforts," said NOIA president Erik Milito regarding potential changes to the SEC's climate change disclosure rules.

Norway’s energy minister sees both renewables and fossil fuels in the nation’s future

Norway, Western Europe’s biggest oil producing nation, plans to expand its green energy industry and strengthen its power grid, but isn’t willing to budge when it comes to exploiting its oil and gas resources.

Interior Department gauges deepwater Gulf of Mexico for new offshore wind projects

The Bureau of Ocean Energy Management will publish a Request for Interest in the Federal Register on Friday, June 11 to assess interest in potential offshore wind development in the Gulf of Mexico's outer continental shelf.

Exxon and its partners log new discovery at Longtail-3 offshore Guyana

“Longtail-3, combined with our recent discovery at Uaru-2, has the potential to increase our resource estimate within the Stabroek block, demonstrating further growth of this world-class resource and our high-potential development opportunities offshore Guyana,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil.

Talos Energy, Storegga form carbon capture JV targeting offshore Gulf of Mexico opportunities

Talos Energy has formed an exclusive joint venture with Storegga Geotechnologies to source, evaluate and develop carbon capture and storage project opportunities on the United States Gulf Coast and Gulf of Mexico, including state and federal waters.

Biden’s climate czar to meet with API leaders on oil and gas emission cuts

The session will be at least the second meeting this year between top API executives and White House National Climate Adviser Gina McCarthy, who is coordinating the Biden administration’s efforts to clamp down on greenhouse gas emissions from the use of fossil fuels.

Canadian public opinion poll shows strong support for offshore oil and gas projects

“The offshore oil and gas industry continues to receive broad support across Newfoundland and Labrador and I believe this can be attributed to the value it provides our province and country in tangible terms of well-paying jobs, royalties and benefits to help pay for public services," said Charlene Johnson, Noia CEO.

Data from new testing protocol drives better-performing offshore coatings

To help stakeholders across the upstream, midstream and downstream oil and gas industries achieve longer service lives for their assets, Sherwin-Williams Protective & Marine began rethinking how to approach corrosion mitigation for these operating environments – with an accelerated testing protocol for predicting the performance of various coating systems.

HOT FBEs for pipelines enable deeper offshore drilling extractions

As deeper wells bring higher extraction temperatures to subsea oil and gas assets, older pipeline coating technologies are unable to keep pace with these high temperature exposures. Above their design temperatures, the coatings may lose physical properties, resulting in potential degradation, loss of adhesion, disbondment and ultimately premature failure.

Texas A&M to lead new Ocean Energy Safety Institute

The Texas A&M Engineering Experiment Station will collaborate with energy-sector stakeholders, several national labs and universities in ten states as the manager of a new Ocean Energy Safety Institute.