ROVOP, a leading supplier of subsea Remotely Operated Vehicles (ROVs) to the energy industry, has secured a new five-year contract with Energean PLC, the leading independent, gas-focused E&P company in the Eastern Mediterranean.

MODEC, Inc. announces that the FPSO Anita Garibaldi MV33 achieved First Oil production on August 16th, 2023. Deployed for production operations at the Marlim field in the Campos Basin off the coast of Brazil, the FPSO is leased on a 25-year time charter contract to Petróleo Brasileiro S.A. (“Petrobras”), the Brazilian giant oil company. This is one of the longest charters for MODEC to date.

With a rapid transition towards renewable energy, the Energy sector has an increased reliance on technology.

TWMA has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt.

Allspeeds, manufacturer of Webtool hydraulic cutters, has supplied a downhole cutter for James Fisher Decommissioning’s SEABASS single trip subsea well abandonment tool.

TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in line with its equity in Ichthys LNG, while INPEX will acquire the remaining 74% and assume operatorship.

Strohm’s first deep-water / high pressure thermoplastic composite pipe (TCP) Jumper in South America has been successfully installed, commissioned and is up and running for ExxonMobil Guyana at its Liza field.  

The site survey and inspection of an offshore gas platform in UAE waters was executed entirely from an onshore remote operations center (ROC) using Fugro’s Blue Essence® technology without sending personnel offshore.

Ocean services provider DeepOcean has been awarded a contract by Equinor to support the Troll B–Increased Gas Export project, located in the northern part of the North Sea.

The licensees in Statfjord Øst^© have received consent to use new facilities linked to the gas lift project on the field. Expected start-up will be soon.

Passive well integrity monitoring specialists, Sentinel Subsea, has announced further international expansion following contract wins worth seven figures.

The Bureau of Safety and Environmental Enforcement has awarded two contracts for the decommissioning of nine orphaned wells in the Matagorda Island area, in federal waters approximately 12 miles off the Texas coast.

Trelleborg will showcase its complete range of integrated LNG ship-to-ship transfer systems on Stand B380 during Gastech 2023 in Singapore.

Equinor has made a new discovery in the Troll/Fram area in the northern North Sea. This is the ninth successful well in this area in 12 attempts since 2019.

Saipem has been awarded two new contracts, the first by Eni Congo and the other by bp, for a total value of around 700 million USD.

Spending on conventional oil and gas exploration is growing and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for.