Author Archives: OTS Offshore Marketing Team

North Sea trends could cause drift of semisubmersible rigs to other regions

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The remaining pool of harsh-environment semisubmersible drilling rigs in the North Sea is down to 23, according to Westwood Global Energy Group’s RigLogix service.

Glendronach the next target for GLA gas partners west of Shetland

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Kistos says the partners in the Greater Laggan Area (GLA) gas development west of Shetland will focus on the Glendronach field for their next tie-in to the GLA export pipeline.

Tests confirm pitch regulating ability of tidal energy system rotor

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Inyanga Marine Energy Group has completed hydrodynamic testing of the Passive Pitch Unit for its HydroWing technology.

Former PGS CEO takes helm at Geoquip Marine

Former PGS CEO takes helm at Geoquip Marine

Geoquip Marine has appointed Rune Olav Pedersen CEO, effective Jan. 1, 2025.

US DOE to invest $112.5 million to promote wave energy

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Department says that goal is to provide affordable energy for electric grids, coastal communities, and offshore workers.

Northern Lights CCS set for startup in 2025

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Construction work has finished on the Northern Lights development’s cross-border CO2 transport and storage site in Øygarden, near Bergen.

Havfram to deliver turbines to North Sea Waterkant wind farm

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Luxcara has contracted Havfram to transport and install 16 x 18.5 MW wind turbines for the 270-MW Waterkant offshore wind farm development in the German North Sea.

ROG.e 2024: MDL adapting flex-lay spread for deepwater Mero projects offshore Brazil

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Maersk Supply Service (MSS) has commissioned MDL to provide a flex-lay solution for the Petrobras-operated presalt Libra Block offshore Brazil.

Dallas Fed survey: Uncertainty climbs but E&P spending plans holding up

Dallas Fed survey: Uncertainty climbs but E&P spending plans holding up

Two-thirds of respondents expect WTI’s price to end 2024 in the $70s.

ROG.e 2024: Harnessing digital applications to evolve human factors, innovation and governance in Brazil’s oil, gas sector

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Challenges in governance and innovation include assessing new technologies without prior knowledge, risk appetite and resistance to change.