Offshore
News
April 24, 2024
"Any actions to delay or reduce Gulf of Mexico oil and gas lease sales could inadvertently delay offshore wind lease sales," said the National Ocean Industries Association (NOIA) President Erik Milito.
News
April 24, 2024
Upon completion of the transactions, Trident Energy will hold an 85% working interest in the Nkossa and Nsoko II fields, a 15.75% working interest in the Lianzi field, and will take over the operation of these fields. Trident Energy will also retain a 21.5% working interest in the Moho–Bilondo field.
News
April 24, 2024
Rhino Resources holds operatorship of Block 2914A (PEL 85). This block in the Orange basin boasts significant potential. It is strategically located less than 20km from the nearest discovery and amidst multiple Namibian discoveries made over the last two years. The block’s proximity to other international operators further underscores its strategic relevance.
News
April 24, 2024
TotalEnergies SE, Shell Plc and Galp Energia SGPS SA have made multiple finds offshore Namibia in the past two years. The government has said it would consider joining the group if the discoveries turn out to be significant.
News
April 23, 2024
Additionally, 7 of 8 sanctioned projects with start-up’s by end-2025 are more than 50% complete. Finally, it’s recent offshore oil discovery at Ringhorne North in the Balder Area is expected to contribute to the company’s overall production.
News
April 23, 2024
Recent oil and gas discoveries announced in regions continuing to these borders, especially in neighboring Guyana and Suriname, indicate significant oil production potential for the Brazilian Equatorial Margin.
News
April 22, 2024
Since being awarded the contract on May 10, 2023, Techouse engineered, constructed and delivered the SRU in less than 12 months. Sulfate removal is a technology used by the oil and gas industry to produce low sulfate water for injection in offshore wells.
News
April 22, 2024
Petrofac will deliver technical services across onshore support bases, an FPSO and a platform on behalf of GEPetrol, the operator.
News
April 22, 2024
Projects include oil platforms, maritime support vessels, cabotage vessels, and the sustainable disposal of units. Petrobras expects to create up to 100,000 jobs with this demand within the estimated project timeframe.
News
April 22, 2024
Hanz was discovered in 1997. After the delivery of the Plan for Development and Operation (PDO) for the Ivar Aasen area, which included the Hanz development, the project matured an optimized development solution by re-using subsea production systems (SPS) from the Jette field. It is the first time that production equipment has been re-used in a new field development on the NCS.
News
April 22, 2024
“The flows achieved during the well test have reached the maximum allowed limits of 14,000 boed, potentially positioning Mopane as an important commercial discovery,” Galp said in a regulatory filing on Sunday.
News
April 19, 2024
Who Dat East is estimated to contain 17 MMboe of gross unrisked 2C Contingent Resources and 35 MMboe of gross unrisked 2U Prospective Resources. The Who Dat South prospect is estimated to contain 31 MMboe of gross unrisked 2U Prospective Resources.
News
April 19, 2024
The National Ocean Industries Association (NOIA) Board of Directors has elected Jonathan Landes, President, Subsea of TechnipFMC, as the NOIA Chair for the 2024-2025 term. Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, was elected as the 2024-2025 Vice Chair. Jon and Joe were confirmed in their positions during the NOIA Board of Directors meeting Friday morning.
News
April 18, 2024
ABL’s scope of work includes the T&I of the shallow water platform, subsea installation at both fields including a 160 km subsea pipeline from the said platform to the shore.
News
April 18, 2024
The country’s economic growth is forecast to decline 5.5% this year, making it the world’s worst-performing economy, according to available IMF data. And after nearly three decades in Equatorial Guinea, Exxon Mobil Corp. is planning to pull out entirely, a decision the company says is part of a long-term strategy.
News
April 18, 2024
The FPSO Jaguar’s design is based on SBM Offshore’s Fast4Ward program that incorporates the company’s 7th new build, multi-purpose floater hull combined with several standardized topsides modules.
News
April 18, 2024
Transocean's Deepwater Asgard was awarded a 365-day contract extension in the U.S. Gulf of Mexico at a rate of $505,000. Additionally, a customer exercised a three-well option in Angola for the Deepwater Skyros at a rate of $400,000.
News
April 18, 2024
Petrobras has sold its entire stake in the Cherne and Bagre fields, in the shallow waters of Brazil’s Campos basin to Perenco Petróleo e Gás do Brasil Ltda (Perenco) for $10 million.
News
April 17, 2024
The collaboration combines Seatrium’s insights into trends and opportunities within the O&M sector with the research capabilities of A*STAR and its National Platforms such as the Technology Centre for Offshore and Marine, Singapore. The parties aim to boost the O&M sector’s pivot to new energies efficiently and reliably, and support the global transition to a low-carbon economy.
News
April 17, 2024
This concept and delivery method allows the individual 24 jumpers to be cut to the desired length, terminated, and tested onsite in Guyana, providing flexibility to the end-user. The jumpers, made of carbon fibre and PA12 polymer, will be installed at water depths over 1,600m and will operate in the region of 10,000psi.
News
April 17, 2024
According to Petrobras, that number is likely to grow even more. With new production systems to be installed in the coming years, the field's capacity will be increased to around 2 MMbpd by 2030.
