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.

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.

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.

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.

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.

ExxonMobil South Africa LNG, an affiliate of U.S.-headquartered energy heavyweight ExxonMobil, has penned a heads of agreement (HoA) with a strategic partnership between Vopak Terminal Durban and Transnet Pipelines to advance the development of a liquefied natural gas (LNG) import terminal at the Port of Richards Bay, South Africa. The post ExxonMobil joins Vopak–Transnet JV to progress South Africa’s LNG import terminal appeared first on Offshore Energy.

South Korea’s Hanwha Ocean has signed a non-binding memorandum of understanding (MOU) with Kanata Clean Power & Climate Technologies Corp. to explore potential cooperation on a proposed development of a floating liquefied natural gas (FLNG) export project planned for Prince Rupert, British Columbia, Canada. The post $15.7 billion floating LNG project on Canada’s horizon as Kanata partners with Hanwha Ocean appeared first on Offshore Energy.

U.S.-headquartered energy giant Chevron has signed on the dotted line to acquire a majority stake and operatorship in a block off the coast of Greece, currently solely owned by Helleniq Energy, a Greek integrated energy player. The post Chevron joins Helleniq in Eastern Mediterranean offshore block appeared first on Offshore Energy.

Beacon Offshore Energy, a Texas-based exploration and production company, has advanced two projects by bringing online a second well at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilling another at a different development, which is anticipated to achieve first oil by the end of 2026. The post US Gulf oil production flow another well richer with more to come before year-end appeared first on Offshore Energy.

Encomara’s floating wind installation technology, Squid, has received product design assessment (PDA) certification from […] The post Encomara’s subsea installation technology for floating wind gets ABS design approval appeared first on Offshore Energy.