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New York City switches on $6 billion HVDC link to fuel Big Apple with Canadian hydropower

Denmark-headquartered power cable manufacturer and installation player NKT, alongside other players breathing life into an underwater high-voltage direct current (HVDC) cable project between the U.S. and Canada, has participated in the launch of the cross-border transmission development, which opens a clean energy corridor between New York City and Québec, bringing renewable Canadian hydropower to feed the Big Apple’s green transition. The post New York City switches on $6 billion HVDC link to fuel Big Apple with Canadian hydropower appeared first on Offshore Energy.

Up to $420 million investment in North Sea subsea project unleashing more European gas

Norway’s state-owned energy giant Equinor and its partners – Petoro, Shell, TotalEnergies, and ConocoPhillips – have set their cap on investing just over NOK 4 billion (around $410–420 million) in a new subsea development, which will boost gas production from a field in the Norwegian sector of the North Sea. The post Up to $420 million investment in North Sea subsea project unleashing more European gas appeared first on Offshore Energy.

Advanced underwater vehicle goes on first mission to chart Norwegian Sea’s subseascape

An advanced underwater vehicle (AUV), obtained by the Norwegian Offshore Directorate (NOD), a government agency responsible for managing and overseeing Norway’s offshore energy and subsurface resources, has embarked on its first assignment to map subsea areas in the northern Norwegian Sea. The post Advanced underwater vehicle goes on first mission to chart Norwegian Sea’s subseascape appeared first on Offshore Energy.

Shareholders cast their votes in favor of Vantage Drilling’s merger with Eldorado

Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has secured its shareholders’ blessing for its proposed business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors. The post Shareholders cast their votes in favor of Vantage Drilling’s merger with Eldorado appeared first on Offshore Energy.

Several North Sea oil & gas discoveries fusing into large subsea tie-back project

Norway’s state-owned energy giant Equinor has unveiled a development concept for a project that aims to combine several discoveries in the North Sea into a single project, with estimated gross resources of approximately 240 million barrels of oil equivalent, making it one of the largest early-phase development projects on the Norwegian Continental Shelf (NCS). The post Several North Sea oil & gas discoveries fusing into large subsea tie-back project appeared first on Offshore Energy.

FPSO tie-back project unlocking seven more wells to enrich North Sea oil arsenal in 2027

Norwegian oil and gas player Vår Energi and its partner, Kistos Energy, have rubberstamped a final investment decision (FID) to develop another multi-well addition to an oil project in the North Sea next year, augmenting oil output off the coast of Norway. The post FPSO tie-back project unlocking seven more wells to enrich North Sea oil arsenal in 2027 appeared first on Offshore Energy.

Uncrewed surface vessel’s mobilization set for Q4 as sea trials continue off France

Singapore-based OMS Group, a neutral and integrated digital infrastructure service provider, has provided insight into the ongoing sea acceptance tests (SAT) for its long-range uncrewed surface vessel (USV), currently being conducted off the South of France. Upon mobilization, the unit will support autonomous survey operations. The post Uncrewed surface vessel’s mobilization set for Q4 as sea trials continue off France appeared first on Offshore Energy.

Brazil’s frontier basin lit up as TGS, SLB drive 3D seismic push

A multi-client 3D seismic survey is on the agenda at one of the frontier regions in Brazilian waters, with Norway’s energy data and intelligence company TGS and its joint venture (JV) partner, U.S.-headquartered SLB, at the helm of the campaign that will help boost the exploration momentum in the South American country. The post Brazil’s frontier basin lit up as TGS, SLB drive 3D seismic push appeared first on Offshore Energy.

BP entrusts subsea decom and recycling job at UK field to DeepOcean

Norwegian ocean services provider DeepOcean has been hired by the UK-headquartered energy giant BP to lend a hand in the decommissioning and recycling of subsea equipment from a site where a floating production, storage, and offloading (FPSO) worked at the operator’s field located West of Shetland, on the UK Continental Shelf (UKCS). The post BP entrusts subsea decom and recycling job at UK field to DeepOcean appeared first on Offshore Energy.