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.
News
November 11, 2024
Mermaid Subsea Services has successfully completed what is believed to be the largest vessel-based U.K. North Sea decommissioning campaign in history. The project spanned two years and involved the plugging and abandonment (P&A) of 21 wells.
News
November 11, 2024
AGR’s reservoir management and subsurface team were selected by Norwegian E&P company Aker BP to conduct an independent third-party technical peer review of two carbon storage licenses in the Norwegian North Sea. 
News
November 07, 2024
Camilla Salthe, Equinor’s Senior Vice President of Exploration & Production International UK is the latest industry leader to join the Board at Offshore Energies U.K. (OEUK) as the sector focuses on delivering homegrown, cleaner energies to the U.K.
News
November 07, 2024
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed a purchase transaction for the FPSO Prosperity. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033.
News
November 07, 2024
nexos, formerly known as Global E&C, has won an HVAC contract with energy transition operator EnQuest to provide services to their offshore assets in the U.K. Continental Shelf (UKCS).
News
November 06, 2024
The latest data from this year’s OEUK Decommissioning Report being published later this month show a challenging picture of spiraling costs, political uncertainty and competition for the specialist equipment needed to dismantle oil and gas platforms and seal abandoned wells.
News
November 06, 2024
The National Ocean Industries Association (NOIA) issued a statement congratulating President-elect Trump, and expressing belief that the benefits of American offshore energy production transcend political affiliations.
News
November 05, 2024
Nauticus Robotics, a developer of autonomous subsea robotics and software, has successfully completed its initial 2024 Gulf of Mexico (GOM) survey scope for Shell Exploration and Production.
News
November 05, 2024
(Bloomberg) – Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring back oil majors spooked by years of instability and production shutdowns.
News
November 04, 2024
(Bloomberg) – Thailand will press ahead with a plan to restart talks with Cambodia to jointly explore petroleum reserves worth an estimated $300 billion in a disputed offshore area, disregarding opposition from some political groups and activists. 
News
November 04, 2024
TechnipFMC and Prysmian today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity.
News
November 01, 2024
Shell Brasil announced the start of production of the Mero-3 FPSO facility in the Mero field, in the pre-salt area of the Santos Basin, offshore Brazil. The FPSO has an operational capacity of 180,000 bopd.
News
October 31, 2024
(Bloomberg) -- The U.K. government went no further in toughening up the tax regime for North Sea oil and gas producers than measures already announced, keeping capital allowances in the windfall tax following protests from the industry. 
News
October 31, 2024
Linde Engineering has signed an agreement with NEXTCHEM to provide carbon capture technology to ADNOC's Hail and Ghasha project. Located in the UAE, the project is one of the world’s largest offshore sour gas developments and aims to operate with net zero emissions.  
News
October 31, 2024
Panoro Energy has announced that following the provisional award of a 25% participating interest in two exploration blocks offshore shallow water Gabon, final terms have been agreed with the government of Gabon for production sharing contracts (PSCs) covering the two blocks.
Article
October 2024
North Sea decommissioning costs are escalating and could exceed £20 billion, but the deployment of separation technologies represents an opportunity to significantly reduce costs and emissions while recovering valuable resources. A smarter approach can transform waste into profit, contributing to more efficient, cost-effective decommissioning efforts.  
Article
October 2024
The economic consequences of a banking crisis, if not addressed preemptively or in time to limit the damage, are numerous and dire, and need not be detailed here. Just the same, condensate banking in a gas well can also become a productivity and economic crisis, if ignored or not properly addressed proactively.
News
October 30, 2024
(WO) — EnerMech has completed a milestone pre-commissioning project for a major U.S. energy infrastructure company in the Gulf of Mexico, marking the organization’s largest nitrogen membrane spread to be deployed to date in this geography.
News
October 30, 2024
(WO) — TotalEnergies has achieved first oil from the third development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin.
News
October 30, 2024
(WO) — Ocean services provider DeepOcean has been awarded an inspection, maintenance and repair (IMR) campaign by Vår Energi for 2025. The scope also includes additional light construction work to be completed within the same year.
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