Offshore news

Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.

ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.

BlueNord ASA has announced that the Tyra Redevelopment Project in the late hours on 21 March 2024 successfully reached an important milestone with the safe restart of production.

Fincantieri and Saipem have signed a memorandum of understanding to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles and their integration with surface and underwater units.

DNO ASA has announced completion of an appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB.

CNOOC has announced that the company has made a major oilfield discovery of Qinhuangdao 27-3 in Bohai Sea, which adds over a 100 million t of oil equivalent proved in-place volume.

ExxonMobil Guyana has announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024.

Dolphin Drilling AS has announced the award of a US$154 million drilling contract from Oil India Limited.

Up to 30 upstream projects larger than 50 million boe could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.

Wellvene has signed an agreement with integrated completions provider Marwell AS to bolster its significant growth in Norway and bring new products to the region’s growing well intervention market.