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Denmark-headquartered power cable manufacturer and installation player NKT is raising the bar for high-voltage direct current (HVDC) power cable technology with a newly qualified 525 kV extruded XLPE subsea cable system for operation at 90°C, boosting transmission capability and the firm’s HVDC portfolio for offshore wind, hybrid interconnectors, and future cross-continent transmission lines. The post NKT cranks up the heat on HVDC power cables with 90°C technology appeared first on Offshore Energy.

Japan’s MODEC has announced the arrival of a floating production, storage, and offloading (FPSO) vessel in Guyanese waters ahead of its deployment on a project in the Stabroek block, as the development moves closer to first oil expected later this year. The post MODEC’s FPSO reaches Guyana as ExxonMobil’s fifth oil project nears start-up appeared first on Offshore Energy.

The North Sea may be a mature oil and gas basin, but it is still yielding more discoveries, as highlighted by two Norwegian energy companies, Equinor and Aker BP, which have struck gas/condensate on the Norwegian Continental Shelf (NCS), underscoring the potential to find and develop additional resources from the region’s established petroleum infrastructure and one of Europe’s longest-producing basins. The post New gas/condensate discovery adds to North Sea’s hydrocarbon riches appeared first on Offshore Energy.

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has confirmed the arrival of offshore equipment in Altamira, moving a multibillion-dollar ultra-deepwater oil development project closer to its installation campaign off the coast of Mexico. The post $10.4B oil project nears offshore installation as key equipment reaches Mexico appeared first on Offshore Energy.

A consortium – consisting of AF Offshore Decom, part of AF Gruppen, and Heerema Marine Contractors (HMC) – has won a new assignment for offshore platform decommissioning activities on the UK Continental Shelf (UKCS), representing its third contract from the same North Sea operator in the past year. The post Heerema, AF Gruppen take on 35,000-ton North Sea platform removal and recycling project appeared first on Offshore Energy.

Brazilian state-owned energy giant Petrobras is advancing its push into West Africa’s offshore oil and gas frontier, entering negotiations for exploration contracts covering four blocks in Ghana’s Keta Basin as the Brazilian major seeks to replenish reserves and expand its international exploration portfolio. The post Petrobras targets West Africa offshore frontier with four-block talks in Ghana appeared first on Offshore Energy.

Canada-headquartered oil and natural gas exploration player Sintana Energy has taken steps to position itself for the next phase of Namibia’s offshore oil story, by acquiring a stake in Maravilla Oil and Gas, a privately held Namibian company focused on high-impact opportunities in West Africa, which enables it to secure an indirect interest in petroleum exploration license 37 (PEL 37) ahead of potentially significant exploration activity across the Walvis Basin. The post Sintana expands Walvis Basin exposure ahead of potential 2027 exploration wave in Namibia appeared first on Offshore Energy.

Following a streamer acquisition contract in the Mediterranean, Norway’s energy data and intelligence company […] The post TGS awarded data brokerage and licensing rights for block offshore Brunei appeared first on Offshore Energy.

Norwegian authorities have approved drilling activities that Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with rigs owned by two offshore drilling contractors, Noble Corporation and Odfjell Drilling. The post Green light for Aker BP to deploy Noble and Odfjell Drilling rigs in North Sea appeared first on Offshore Energy.

TechnipFMC has delivered its first 7-in. Subsea 2.0 tree to Chevron in Australia, the […] The post TechnipFMC’s first 7-in. Subsea 2.0 tree goes to Chevron in Australia appeared first on Offshore Energy.