Fossil Energy – Production
Abu Dhabi’s Upper Zakum offshore oil field is likely to reach its target for expanding production capacity ahead of schedule.
[Read more…] about ExxonMobil eyes early output boost at Upper Zakum fieldAllseas secures deepwater pipeline installation contract
Fossil Energy – Pipeline Installation
Allseas has been awarded the contract to install a new export pipeline that will significantly enhance oil transport capacity in the central of Gulf of Mexico.
[Read more…] about Allseas secures deepwater pipeline installation contractKINGDOM 4 offshore rig under construction
General – Newbuilding
ARO, in collaboration with International Maritime Industries (IMI), signed a new agreement to construct the KINGDOM 4 offshore rig in Saudi Arabia.
[Read more…] about KINGDOM 4 offshore rig under constructionSeatrium divests Non-Core platform supply vessels
General – Divestment
Singapore-headquartered Seatrium has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading to sell 100% equity interest in its indirect wholly-owned subsidiary, Guanabara Navegação.
[Read more…] about Seatrium divests Non-Core platform supply vesselsReconnaissance Permit Agreement for Eni
Fossil Energy – Sierra Leone
Eni has been awarded a Reconnaissance Permit Agreement covering five deepwater blocks in Sierra Leone.
[Read more…] about Reconnaissance Permit Agreement for EniDrilling job in Saudi waters on ADES rig’s agenda in January
Fossil Energy – Drilling
Saudi Arabia-headquartered ADES Group has secured the green light to restart one of its offshore drilling assignments off the coast of Saudi Arabia.
[Read more…] about Drilling job in Saudi waters on ADES rig’s agenda in JanuaryJapan wants to develop 15GW of floating wind
Wind Energy – Japan
Japan has recently announced a plan to develop 15GW of floating wind by 2040, which is almost half of its overall offshore wind buildout targets.
[Read more…] about Japan wants to develop 15GW of floating windKEPCO makes first investment in offshore wind developer
Wind Energy – Investment
Japan’s Kansai Electric Power (KEPCO) has signed a share subscription agreement with the offshore wind development division of Ireland-based Simply Blue Group, Simply Blue Energy OSW.
[Read more…] about KEPCO makes first investment in offshore wind developerNorway cuts emissions by 27% through Power-from-Shore strategy
General – Reduction Gas Emissions
Norway has achieved a 27% reduction in greenhouse gas emissions from its offshore oil and gas operations since 2015, according to a new report from the Norwegian Offshore Directorate (NOD).
[Read more…] about Norway cuts emissions by 27% through Power-from-Shore strategyCIP acquires first biogas plant in UK
General – Acquisition
Copenhagen Infrastructure Partners (CIP) has made a final investment decision to acquire a combined pre-treatment and biogas plant from Ørsted.
[Read more…] about CIP acquires first biogas plant in UK