OTS Offshore News

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.

Energy-related emissions will peak this year, says DNV

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Energy Transition Outlook report projects that energy use will be split evenly between fossil fuels and renewables by 2050.

ExxonMobil secures largest CO2 offshore storage site in the US

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ExxonMobil has secured access to more than 271,000 acres in Texas state waters.

Finance in place for expansion of Darwin LNG

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Santos and its partners in the Darwin LNG joint venture have completed new syndicated bank loan facilities totaling $800 million.

Summit challenges cancellation of third Bangladesh FSRU

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Petrobangla, Bangladesh’s state oil and gas company, has decided to cancel the country’s third floating storage and regasification unit (FSRU) project.

ConocoPhillips secures support vessels for Otway drilling program offshore Australia

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ConocoPhillips Australia has contracted three anchor-handling tug supply vessels for the Otway exploration drilling program offshore southeast Australia in 2025.

Shearwater allocates two vessels for deepwater Angola OBN survey

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The ocean-bottom node (OBN) survey will start next January and continue for two and a half months over the Louro and Mostarda fields.

TGS discloses first results from Nefertiti 3S survey offshore Egypt

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TGS has made available fast-track data from the Nefertiti multi-client 3D seismic survey over the Herodotus Basin in the Egyptian sector of the Mediterranean Sea.

ExxonMobil issues its 2024 global outlook report

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Company offers projections on energy demand, sources out to 2050.

CNOOC brings further Bohai Bay oil field onstream

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CNOOC has started up its Bozhong 19-2 oilfield development project in central Bohai Bay, eastern China.