Offshore & subsea

The subsidiary of Shell plc has completed the previously announced sale of its 100% interest in Shell Onshore Ventures LLC.

The company is expanding its service roster in the North Sea as it looks to replicate its drilling services success in the Middle East and Asia.

Carbon AXIOM now includes a detailed analysis of saline aquifer potential offshore Galveston, Texas.

Forum Energy Technologies (FET) has secured a significant order from DOF Subsea to deliver four of its advanced work-class remotely operated vehicles (ROVs).

The company has completed a contract awarded by Well-Safe Solutions to support its well plug and abandonment decommissioning operations in the Southern North Sea.

The MoU covers several areas such as project financing, funding, and the development of a complete value chain for CO2 handling.

Rovco provided Well-Safe Solutions with field survey operations, to ensure the safe and efficient decommissioning of a platform which ceased production in 2015.

Operations and maintenance (O&M) represented 55% of the total contracts in 4Q22, followed by procurement with 19%, and contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for 13%.

The companies have signed a multi-year framework agreement to decommission wells in the North Sea, as part of the decommissioning specialist’s Plug and Abandonment Club offering.

Neptune Energy has welcomed Equinor’s announcement, on behalf of the Snøhvit partnership, to award a major contract for the Snøhvit Future project in Norway to Aibel. ?

The new technology is a result of a collaborative research and development project with Net Zero Technology Centre and Spirit Energy.

Unite the union has announced that offshore workers employed by Petrofac on the FPF1 platform, and the Wood Group UK Limited on TAQA platforms are being balloted for strike action, as a growing wave of industrial unrest hits the United Kingdom Continental Shelf (UKCS).

The contract requires BiSN to use its proprietary Wel-lok™ alloy barrier technology to safely and efficiently plug and abandon oil and gas wells in the North Sea.

The seventh annual Global Energy Talent Index has revealed that the recent gas price crisis has transformed oil and gas into the most popular sector for energy workers to join and has sent salaries soaring above pre-pandemic levels.

Initially launched as an oil and gas portal in 2010, Pathfinder has been regularly updated to meet changing needs and now features projects including well decommissioning campaigns, offshore wind and carbon capture and storage opportunities.