OTS Offshore News

Petrobras, Shell sign up more Pelotas Basin offshore blocks

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Petrobras has signed three more concession contracts for blocks in the Pelotas Basin offshore southern Brazil.

Hibiscus confirms entry to offshore Brunei Darussalam block

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Hibiscus Petroleum subsidiary Simpor Hibiscus has completed its acquisition of TotalEnergies EP (Brunei).

Ørsted abandons wind-powered green hydrogen projects in Denmark

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Company says it will focus on wind energy projects with green hydrogen only as a complementary technology.

Baker Hughes, Repsol to develop AI-powered automation workflows

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Baker Hughes and Repsol have signed a memorandum of understanding to develop and deploy artificial intelligence (AI) capabilities through the Leucipa automated field production software.

Saipem cuts first steel for Neptun Deep jacket in Sardinia

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Saipem has started construction of the steel jacket for the Neptun Alpha gas platform for the Neptun Deep project in the Romanian sector of the Black Sea.

Shearwater nets two Asia-Pacific seismic surveys

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Shearwater Geoservices has secured work involving two towed streamer surveys in the Asia-Pacific region.

Investment constraints holding back advance of carbon capture industry

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Carbon capture, utilization and storage (CCUS) developers continue to struggle with the economics of their planned projects, according to Wood Mackenzie.

INEOS adds compressor to step up gas from North Sea Breagh field

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INEOS Energy aims to increase gas flow from the Breagh field in the UK southern North Sea, after starting up an electrically driven compressor at the Teesside gas processing plant in northeast England.

Fugro assessing conditions at two proposed wind farms offshore Victoria

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Ørsted has tasked Fugro with conducting a 12-month floating lidar measurement for the Gippsland offshore wind farms off the south coast of Victoria, Australia.

Consortium assessing needs for future floating offshore wind service vessel

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North Star will help fast-track design and testing of a new service operations vessel concept for the floating offshore wind sector.