Browse the latest offshore & subsea news and articles.
Chinese governmental bodies reviewed the discovery and certified the proven in-place of natural gas and condensate oil at over 50 billion cubic metres and 3 million cubic metres respectively.
The provider of alternative reservoir stimulation technology has announced the opening of a new office facility in Abu Dhabi, United Arab Emirates.
Block SB 2K, with depth up to 3000 m, covering 1952 sq km is located in the prolific north-west ultra-deepwater area within a proven hydrocarbon basin with promising hydrocarbon potential.
The company has crossed another significant operational milestone with the completion of P-71, its second floating, production, storage and offloading (FPSO) vessel project for Tupi B.V.
The contracts will take effect before the end of 2022, have a three-year firm period, and three one-year options. The vessels will support Equinor’s activities on the Norwegian Continental Shelf.
Over 80% of the contract value will flow back into the UAE’s economy under ADNOC’s in-country value programme.
Two 65 KW ATEX systems will provide prime power to an unmanned offshore platform on the northwest coast of Malaysia. The microturbines systems are expected to be commissioned in Autumn 2023.
The licensing round highlights four priority cluster areas in the Southern North Sea (Greater Pegasus Area, Greater West Sole Area, Greater Cygnus Area and Cotton Area).
The new energy-saving and storage system will hybridise the vessel which currently has a total installed power of 27 MW and DP3 classification and is suitable for worldwide operations in water depths up to 3000 m.
The award is for the provision of jack-up and island rigs and associated Integrated Drilling Services (IDS).
Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australian Government. This major milestone is a huge step in the landmark decommissioning contract which heralds the start of an era of decommissioning in the nation’s offshore oil and gas sector.
95% supported strike action in a ballot turnout of 86% after Unite accused oil and gas companies of ‘unfettered profiteering.’ The strike action will involve a series of 48-hour stoppages every second week for the first 8 weeks and will start on 20 and 21 October.