News
November 22, 2024
Electromagnetic Geoservices (EMGS) announced they have signed a contract with an undisclosed client for a controlled source electro-magnetic (CSEM) survey in India. The survey is expected to have a contract value of approximately USD 10 million, including mobilization fee.
News
November 22, 2024
Oil States has introduced an industry-first Low Impact Workover Package (LIWP). The LIWP is engineered to empower operators to safely and cost-effectively plug and abandon aging subsea wells while minimizing wellhead loads and streamlining operations.
News
November 22, 2024
ABS and the Korea Marine Equipment Research Institute (KOMERI) signed an agreement at Offshore Korea that establishes a framework for strengthening technology research and development in the shipbuilding and marine industries.
News
November 22, 2024
SBM Offshore has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions, and SBM expects to draw the loan phased over the construction period of the FPSO.
News
November 22, 2024
An influential forum of oil and gas operators with a vested interest in subsea operations is tackling the challenges of ageing offshore infrastructure through cross-industry collaboration.
News
November 21, 2024
Miros has launched its new wave and vessel motion prediction technology — PredictifAI, which delivers a monitoring solution that automatically adapts to varying sea and weather conditions.
News
November 21, 2024
Ocean services provider DeepOcean has been awarded its largest contract on record, a long-term subsea inspection, maintenance and repair (IMR) contract by Equinor. The eight-year contract will set a new benchmark for digitalized and environmentally friendly IMR operations.
News
November 21, 2024
From 2025-2029, Energy Maritime Associates (EMA) expects orders for 119 Floating Production Systems, with a Capital cost of $126 Billion, in its mid-case forecast. Over 70% of this investment would go towards the 54 FPSOs.
News
November 20, 2024
TGS announced today they have won a significant seismic survey/3D streamer contract for ONGC in the Mahanadi basin, offshore India. The Ramform Sovereign is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approximately six months.
News
November 20, 2024
(Bloomberg) – Exxon Mobil Corp. has withdrawn from an oil-exploration block off the coast of Suriname, not far from where it discovered more than 11 billion bbls in Guyanese waters. Exxon will transfer its 50% stake in the block to Malaysia’s Petronas, the project operator.
News
November 20, 2024
TDI-Brooks has completed work contracted by GeoPartners, on behalf of Staatsolie Maatschappij Suriname, to perform seep data acquisition, processing, interpretation and data management services (multibeam and coring) for the Suriname Seabed Piston Coring Project.
News
November 20, 2024
HSM Offshore Energy has successfully rolled out the THOR OHVS (Offshore High Voltage Substation) and lifted the GIS modules for RWE Renewables at its Schiedam yard in the Netherlands.
News
November 20, 2024
Awards for excellence in decommissioning were presented to CNOOC International and J+S Subsea at a celebratory dinner for more than 500 leaders of the North Sea specialist industry organised by OEUK as part of its annual Decommissioning Conference held in St Andrews, Scotland.
News
November 18, 2024
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geothermal Energy Utilization and Storage.
News
November 15, 2024
Seatrium Limited has delivered its fifth newbuild jackup rig “Var” to Borr Drilling, nearly one year ahead of schedule. The successful delivery of Var marks the completion of the latest series of five B Class jackup rigs that Seatrium has built for Borr Drilling.
News
November 14, 2024
SBM Offshore, Technip Energies and TechnipFMC all announced today the securement of major contracts for the GranMorgu field development project located in Block 58 in Suriname, operated by TotalEnergies.
News
November 14, 2024
Seatrium and the Institute of Technical Education (ITE) announced they have joined forces to inaugurate a state-of-the-art Digital Learning Lab. The initiative aims to enhance digital skillsets in the Marine & Offshore (M&O) Energy industry and attract a new generation of talent.
News
November 13, 2024
Bourbon announced that it has been awarded a new fully integrated logistics contract by an oil & gas major operator to support its exploration campaign and the drilling of its first well in the waters of southern Namibia.
News
November 13, 2024
EnerMech has won a multi-million-pound contract to become the preferred provider of Flexible Hose Assembly (FHA) and Small Bore Tubing (SMT) management services for a major E&P organization’s U.K. assets. 
News
November 13, 2024
Elemental Energies and Archer have announced a joint venture agreement delivering integrated plugging and abandonment (P&A) services to global decommissioning projects. The venture will create a focused P&A well engineering team for design and operations across all well types.
News
November 12, 2024
Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.
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