Offshore NEWS

The agreement to further develop the Hengam oilfield, which straddles Iran and Oman’s offshore waters, follows an MoU signed last year

Thailand’s national upstream company PTTEP is set to imminently spud its latest wildcat on Block SK 438 offshore Sarawak, East Malaysia, where the company’s aim is to discover more gas reserves for a potential cluster development or a tie-back to existing facilities.

A leading Italian engineering and construction giant has landed a sizeable offshore contract from Saudi Aramco for work on its Marjan oilfield, as a part of the Saudi state giant’s long-term agreement (LTA) with international contracting players.

Seatrium Limited, through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind LLC, a joint venture between Equinor and bp.

Abu Dhabi National Oil Company (Adnoc) has kicked off a fresh tender process for multiple packages involving its multibillion-dollar Hail & Ghasha offshore sour gas development.

Rockwell Automation, Inc., the world's largest company dedicated to industrial automation and digital transformation, it is working with TotalEnergies to implement a robot fleet management system, driving autonomous operations for its offshore platforms. The long-running project will reach a significant milestone with its first test on an offshore asset scheduled for mid-2023.

The UK government has opened a consultation on future regulatory arrangements for offshore hydrogen, which is seeking views on proposals for a ‘first layer’ of arrangements for transport and storage.

Contract involves multiple offshore facilities required at the Marjan oil and gas field

Ruya development aims to achieve plateau oil production of 300,000 bpd from Al Shaheen field.

Mariners operating offshore in waters east of Brownsville, Texas, have been warned of rocket launching activities and associated hazardous areas in a new marine safety information bulletin by the U.S. Coast Guard (USCG).

The Pentagon is sounding alarms over Biden administration plans to advance offshore wind projects along the central Atlantic US coast, warning that almost all of the new terrain eyed for development conflicts with military operations.

bp has successfully started oil production at its Argos offshore platform, delivering more energy at a critical time and strengthening bp’s position as a leading producer in the deepwater U.S. Gulf of Mexico.

The past year has seen a fast inventory drawdown of abandoned and idle offshore rigs in Chinese yards, as drillers snap up units in response to a surge in demand.

SBM Offshore has announced that the FPSO One Guyana has arrived in drydock at the Keppel shipyard in Singapore.

The technology group Wärtsilä and WEC Energy Group have successfully tested the capabilities of a Wärtsilä engine running on 25 vol% hydrogen-blended fuel. The tests, which were completed in October 2022, were conducted at WEC Energy Group’s 55 MW A.J. Mihm power plant in Michigan, U.S., using an unmodified Wärtsilä 50SG engine.

The UK’s energy import bill surged to £117 billion ($127.12 billion) last year – more than double 2021’s total of £54 billion ($58.67 billion), according to data in a new report from Offshore Energies UK.

The Government of Newfoundland and Labrador released its budget and Energy NL welcomes a number of the initiatives, including reinstatement of the offshore seismic program, support for the renewable sector, continuation of the Offshore Exploration Initiative, and assessment of natural gas opportunities.

A pairing of Indian engineering giant Larsen & Toubro (L&T) and Oslo-listed Subsea 7 has landed multiple offshore contracts from Saudi Aramco under the latter’s long-term agreement (LTA) framework to which a select group of international contractors have access.