Offshore news
Northern Lights and Yara sign the world’s first commercial agreement on cross border CO2 transportation and storage
The companies have agreed on the main commercial terms to transport CO2 captured from Yara Sluiskil, an ammonia and fertiliser plant in the Netherlands, and permanently store it under the seabed off the coast of Norway.
Offshore acreage for CCS and petroleum exploration boost decarbonisation and energy security efforts in Australia
Australia’s oil and gas industry says new offshore acreage to explore for carbon capture and storage opportunities as well as areas for petroleum exploration will support efforts to lower emissions and ensure continued energy security.
TotalEnergies announces offshore gas discovery in Block 6
A significant gas discovery has been made at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on the same Block in 2018.
Miros wins trio of sensor contracts with Subsea 7 pipelay support vessels
Miros Group has secured a trio of three-year agreements with Subsea 7 to install its IoT dry-sensor WaveSystem. Each contract comprises a three-year period plus a subsequent one-year option. The contracts are due to commence between Q1 and Q3 2022.
OceanTools launches new C-Level Subsea Digital Display
The C-Level is an ROV or diver deployed digital level that may be used to measure and display the inclination angle of underwater structures or mooring lines.
Logan Industries successfully completes space saving coiled tubing reeler project for OneSubsea
This is the first unit Logan has delivered with a removable drum, which means the unit footprint can remain static on the vessel while the drums can be taken to a shore base for unspooling and respooling.
Neptune Energy awards £10 million vessel services contract to Sentinel Marine
Neptune Energy has announced the award of a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the UK southern North Sea.
Hess announces two discoveries offshore Guyana
The discoveries, which are the sixth and seventh this year, will add to the block’s previously announced gross discovered recoverable resource estimate of approximately 11 billion barrels of oil equivalent.
GlobalData: Surging oil and gas demand to boost subsea production
The ongoing Russia-Ukraine conflict is expected to support the development of offshore and subsea projects around the world, says GlobalData.
Saipem awarded offshore E&C contract in Italy
The company has been awarded an offshore E&C contract by Enimed, a subsidiary of Eni S.p.A., for the Transportation and Installation of an offshore gas pipeline connecting the four wells of Argo and Cassiopea Fields to the Sicilian coast (Italy).