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2 February 2021
Equinor – consent to use Deepsea Atlantic
The Petroleum Safety Authority Norway has given Equinor consent to use Deepsea Atlantic for plugging, drilling and completion of wells on the Tordies field.
2 February 2021
Contract Award Siem Stingray
The Company has agreed a 6 month firm contract with additional options with GE Renewable Energy for the vessel "Siem Stingray", where the vessel will commence its contract in April 2021. This marks an important continuation of the strong commitment Siem Offshore has for serving the renewable energy segment.
2 February 2021
EIOF - Contract award for Viking Prince
Eidesvik Offshore ASA has been awarded a time charter contract with Aker BP ASA for the PSV Viking Prince. The contract is awarded under the current Frame Agreement for a drilling campaign indicated for a period up to 120 days, with commencement April 2021.
2 February 2021
New contract for DOF
The DOF Group is pleased to announce that Skandi Kvitsøy has been awarded a long term contract in the North Sea by a multinational energy company. The charter contract will commence in 1st quarter 2021 for a duration of 1 year firm plus 2 x 1 year options. The Skandi…
1 February 2021
PKN Orlen Selects Stragetic Partner For Offshore Wind Farm Project
Canadian Northland Power Inc. will be PKN ORLEN’s strategic partner for its offshore wind farm project in the Baltic Sea. The Partnership will be responsible for the preparation, development and operation of the offshore wind farm with a capacity of up to 1.2 GW. Northland Power Inc. will ultimately acquire…
1 February 2021
Magseis Fairfield awarded 4D OBN survey in Norwegian North Sea
Magseis Fairfield has been awarded a 4D Ocean Bottom Node monitor survey in the Norwegian North Sea for a major E&P company.The survey is scheduled to commence late in the first quarter 2021 and last for approximately 1 month.“This project is yet another confirmation that our clients continue to see…
1 February 2021
Shearwater GeoServices awarded 3D Survey in SE Asia
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a marine seismic 3D survey in South East Asia. The two-month project, commencing in Q2, covers approximately 1,500 sqkm.
1 February 2021
Baron Oil Plc ("Baron" or "the Company") UK Licence P2478 Update
Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration company, provides an update on licence P2478 in the United Kingdom, further to the Company's announcements of 29 April 2020 and 1 October 2020. The exclusivity period for the work sharing agreement for licence P2478, Inner Moray Firth with a…
1 February 2021
Xodus completes inter-array cables study for Equinor’s Empire Wind project
Xodus Group has completed an inter-array cables installation study for Equinor’s Empire Wind Phase 1, an 816-megawatt (MW) offshore wind project currently under development project offshore New York. Xodus was tasked with maturing the inter-array cable installation concept to identify technical solutions or installation methodologies that may add value to…
1 February 2021
Equinor and bp complete US offshore wind transactions and formation of strategic partnership
Equinor and bp have completed their previously announced transaction, whereby Equinor has sold a 50% interest in both the Empire Wind and Beacon Wind assets on the US east coast for a total cash consideration of around USD 1.1 bn excluding customary purchase price adjustments. This transaction is the first…
1 February 2021
bp to sell 20% stake in Oman’s Block 61 to PTTEP
bp agrees to sell interest to PTT Exploration and Production Public Company Limited for $2.6 billion bp will remain operator of Block 61, with 40% interest Agreement marks another significant step in bp’s divestment programme Oman Block 61, with Ghazeer in the background bp has agreed to sell a 20%…
1 February 2021
Drilling permit for well 31/11-1 S in production licence 785 S
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 31/11-1 S, cf. Section 13 of the Resource Management Regulations. Well 31/11-1 S will be drilled from the Deepsea Atlantic drilling facility in position 60°06'04.87"N and 03°34'31.79"E after a stay at the shipyard. The drilling programme…
29 January 2021
CNOOC awards a two-year contract to Worley
CNOOC Petroleum Europe Limited (CNOOC Europe) has awarded Worley a two-year contract to provide engineering, procurement and construction (EPC) services to its three operated North Sea assets, being the Buzzard, Golden Eagle and Scott platforms. The services, which span the full design lifecycle; from feasibility to commissioning, will be executed…
29 January 2021
Petrofac secures enhanced North Sea contract with INEOS FPS
Petrofac is set to build on its provision of Operations & Maintenance Support Services for INEOS FPS following the award of an enhanced five-year contract. Under the terms of the agreement, Petrofac will continue to supply personnel to the Unity Platform in the Central North Sea, the onshore Cruden Bay…
29 January 2021
Tekmar Energy’s Generation 10 CPS to protect cables on Neart Na Gaoithe
Tekmar Energy, a Tekmar Group company, is pleased to announce a contract award from cable manufacturer Prysmian Group to supply its Generation 10 TekTube® Cable Protection System (CPS) for the Neart na Gaoithe (NnG) offshore wind farm in the UK. The 450MW NnG project, jointly owned by EDF Renewables and…
29 January 2021
Magnora enters partnership to establish floating wind company
Renewable energy company Magnora ASA (Magnora) has entered into an agreement with an undisclosed global offshore energy technology and service company to establish a joint floating wind company called Magnora Floating Wind. Magnora’s strategic partner has vast experience over many decades in all basins, water depths and weather conditions. It…
29 January 2021
Keppel enters into second framework deed with Borr Drilling to defer scheduled delivery of rigs
Keppel Corporation Limited refers to its announcement dated 5 June 2020 on the entry into of a Framework Deed between Keppel Offshore & Marine Limited (Keppel O&M), through its wholly-owned subsidiaries, Keppel FELS Limited and Offshore Partners Pte. Ltd., and Borr Drilling Limited (Borr Drilling) and certain of its subsidiaries…
29 January 2021
PIRIOU delivers the 250th aluminium vessel !
PIRIOU has just delivered a 55m FPSV to JANA MARINE SERVICES – a Saudi provider of best-in-class integrated Marine Services to Offshore Oil & Gas Industry. Built by PIRIOU VIETNAM with a sea proven PIRIOU design, a dozen of vessels of this model were already delivered to various operators in…
29 January 2021
Oil & gas industry needs to ‘reimagine’ its business and models to maximise energy transition opportunities
Enhancing collaborative culture within the offshore oil and gas industry is not only key to maximising the potential of its existing world class supply chain but could also unlock future activity in the UK Continental Shelf (UKCS) and be key to delivering a successful Net-Zero future. Improving commercial models which…
29 January 2021
Europa Oil & Gas (Holdings) plc (‘Europa’ or ‘the Company’) Annual General Meeting Statement
Europa Oil & Gas (Holdings) plc, the UK, Ireland and Morocco focused oil and gas exploration, development and production company is holding its Annual General Meeting (‘AGM’) later today. At the meeting, Brian O’Cathain, Chairman of Europa, will make the following statement: “In last year’s AGM Statement, Simon Oddie set…
28 January 2021
Fugro And NYK Team Up With Oyo Corporation For Japan's Offshore Wind Industry
Following the recent announcement of Fugro and NYK forming a partnership to provide offshore geotechnical services in Japan, the two companies have signed a strategic Memorandum of Understanding (MOU) with leading Japanese geoscience specialist OYO Corporation (OYO). The addition of OYO to the team will further strengthen Fugro and NYK’s…
28 January 2021
APA 2020 Confirmed – We’ve Got You Covered
PGS has coverage on 41 of the 61 APA 2020 license awards within its 230 000 sq. km of GeoStreamer MultiClient data library for Norway, providing fast access to MultiClient data to understand key areas of nearfield opportunity in the North Sea and the Norwegian Sea. In addition to the…
28 January 2021
Important contracts in place in the Northern Lights project
The energy transition requires new solutions to cut emissions from industry sources in Norway and Europe. With the contract awards to Subsea 7 Norway and Aibel we have taken new and important steps to realise the Northern Lights project. “The new contracts in the Northern Lights project will create important…
28 January 2021
GEG and Rosetti Marino form strategic partnership to execute large scale renewable energy and energy transition EPC and EPCI contracts in the UK.
A recently agreed formal collaboration agreement between GEG and Rosetti sees both Companies enter into a 5-year agreement with potential for a 2-year extension, to jointly tender and execute EPC, EPCI and EPCIC contracts in the renewable energy sector in the UK. Scottish based Global Energy Group and Italian head…
28 January 2021
Expecting a third capacity increase at Johan Sverdrup
The Johan Sverdrup field is expected to increase its daily production capacity up to 535,000 barrels of oil by mid-2021. This is around 100,000 barrels more than the original basis at start-up in October 2019. Equinor and its partners tested the plant capacity in November 2020 to verify a possible…
28 January 2021
Neptune Energy commences Seagull drilling campaign
Neptune Energy and its joint venture partners bp and JAPEX, today announced drilling has commenced on the Seagull project in the UK Central North Sea. The Gorilla VI (JU-248) jack-up rig, operated by Valaris, will drill four wells for the development over the course of the drilling campaign which is…
28 January 2021
Aker BP – consent to use Maersk Integrator
The Petroleum Safety Authority Norway has given Aker BP consent to use Maersk Integrator for production drilling on the Tambar field.
28 January 2021
Shell partners with Simply Blue Energy to develop Emerald Floating wind project
Shell has signed an agreement with Irish developer Simply Blue Energy to acquire a 51% share of their Simply Blue Energy Kinsale venture, which was set up to develop the Emerald Project, a floating wind farm in the Celtic Sea, off the south coast of Ireland. The Joint Venture will…
27 January 2021
Fugro selects Sonardyne for its uncrewed vessel operations
Leading geo-data specialist Fugro has chosen underwater positioning and communications technology from Sonardyne to support its global fleet of uncrewed surface vessels (USVs) and remotely operated vehicles (ROVs). Fugro will integrate Sonardyne’s Mini-Ranger 2 Ultra-Short BaseLine (USBL) positioning system, configured with the company’s Marine Robotics software extension pack, into its…
27 January 2021
Maats Tech Wins Contract For Major New Build CLV With Vard Group AS
For many years MAATS Tech have enjoyed a close relationship with VARD Group AS Norway and have jointly developed a number of significant vessels working in the industry today. Today, MAATS Tech are proud to announce that we will once again be joining forces with VARD and new owner Van…
27 January 2021
OGUK responds to Scottish Government proposal to halt backing of oversea oil and gas activity
Commenting on the Scottish Government’s proposal to end all overseas trade backing and promotion activities focused on fossil fuel goods and services by COP26, OGUK chief executive Deirdre Michie OBE said: “We are requesting an urgent meeting with Scottish Ministers so that we can highlight the effect this policy may…
27 January 2021
Chrysaor – consent for exploration drilling in the North Sea
The Petroleum Safety Authority Norway has given Chrysaor Norge consent for exploration drilling of wells 15/12-25 and 15/12-26 in the North Sea.
27 January 2021
Global Petroleum Limited (“Global” or “the Company”) Updated Prospective Resources estimate for Namibian Licence PEL0094
Global Petroleum Limited (AIM: GBP) is pleased to announce its updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, following interpretation of the 2D seismic data which the Company recently licensed. Global holds a working interest of 78 per cent in PEL0094, and is operator. The additional Prospective…
27 January 2021
Completion of exploration well on the Bask prospect in the southern Barents Sea
Lundin Energy AB announces that its wholly owned subsidiary, Lundin Energy Norway AS (together Lundin Energy), is now completing exploration well 7219/11-1, targeting the Bask prospect in licence PL533B, in the southern Barents Sea, northwest of the Alta discovery. The main objective of the well was to prove hydrocarbons in…
27 January 2021
Eni awarded a new Production Licence in the UK sector of the North Sea
Eni announces the successful award of a new Production Licence, resulting from an application made in the 32nd UK Offshore Licensing Round. The Licence, named P2511, covers an area of approximately 340 square kilometres and is located approximately 250 km offshore UK in the Northern North Sea in a water…
27 January 2021
Aker Offshore Wind Enters Cooperation Agreement with Statkraft
Aker Offshore Wind Operating Company AS (“Aker Offshore Wind”) and its majority owner Aker Horizons AS (“Aker Horizons”) have entered into a cooperation agreement with Statkraft AS (“Statkraft”) to explore possibilities for collaboration on offshore wind power projects on the Norwegian Continental Shelf (“NCS”). Aker Horizons, Aker Offshore Wind and…
26 January 2021
bp completes integrated gas value chain in China with delivery of LNG for downstream customers
bp's first cargo of gas under new terminal usage agreement arrived in Shenzhen, China bp has begun to directly supply gas customers in China with gas from liquefied natural gas (LNG) that it has imported into the country. This is the first time that bp has created a fully integrated…
26 January 2021
Oceanteam extends storage contract of 100+ kilometres subsea cable
Oceanteam extends storage contract of 100+ kilometres subsea cable with one of Europe’s biggest cable manufacturers The 6 months’ extension follows a successful three years of storage of client’s subsea cables in Oceanteam's 5300Te carousel at its cable storage facility in Velsen, the Netherlands. With this extension the contract will…
26 January 2021
ODL – Lundin awards letter of intent to Deepsea Stavanger
Lundin Energy Norway and Odfjell Drilling have signed a letter of intent for the use of Deepsea Stavanger. The letter of intent is subject to finalization of contract and final approvals from involved parties. The contract is set to commence in Q3 2021 with a duration of one (1) firm…
26 January 2021
Jersey Oil and Gas plc ("Jersey Oil & Gas", "JOG" or the "Company") Significant uplift in Buchan oil field contingent resource estimates
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce a significant increase in 2C contingent resource estimate for the Buchan oil field, within the Greater Buchan Area ("GBA"). Dynamic reservoir…
26 January 2021
Bowleven plc ('Bowleven' or 'the Company') Etinde Exploitation Authorisation Agreement
Bowleven, the Africa focused oil and gas exploration group traded on AIM, today announces that New Age Ltd (New Age), Operator of the Etinde licence, has received formal approval to apply for a new Etinde Exploitation Agreement (EEA). This would replace the existing EEA which came into force by Presidential…
26 January 2021
Dancer-1 Exploration Drilling
Santos WA Northwest Pty Ltd (Santos) proposes to undertake a single-well exploration drilling campaign in permit area WA-1-P, targeting a gas reservoir in the Legendre formation (Figure 2 1). The permit area is within offshore Commonwealth waters in water depths of approximately 63 metres (m). The drilling activity will be…
26 January 2021
Completion of Tuna farm down
Premier is pleased to announce that it has completed the farm down of its interest in the Tuna PSC, offshore Indonesia to Zarubezhneft. This follows receipt of Indonesian government approval. Under the farm down agreement, Zarubezhneft will carry Premier for its share of a two well campaign to appraise the…
26 January 2021
Hess Announces 2021 E&P Capital and Exploratory Budget
Hess Corporation announced a 2021 Exploration & Production capital and exploratory budget of $1.9 billion, of which more than 80% will be allocated to Guyana and the Bakken. Net production is forecast to average approximately 310,000 barrels of oil equivalent per day in 2021, excluding Libya. Bakken net production is…
25 January 2021
Spirit Energy Enters Into Long-Term Cooperation Agreements
Spirit Energy Norway AS enters into five-year agreements with three supplier companies. The agreements are a continuation of a new type of supplier collaboration that was started in 2015, and which has contributed to Spirit Energy delivering its first development on the Norwegian Shelf six months ahead of schedule and…
25 January 2021
Subsea 7 awarded contract offshore Angola
Subsea 7 today announced the award of a substantial(1) contract by Cabinda Gulf Oil Company Limited (CABGOC). The contract is for the Sanha Lean Gas Connection (SLGC) project comprising the construction and installation of the Lean Gas Platform (LGP) system in Block-0 offshore Angola, at a water depth of approximately…
25 January 2021
Statements of Feasibility for Heerema's Silent Foundations
As part of Heerema's mission to create sustainable values, they have been working on developing 'silent foundations.' Pile foundations for offshore structures that can be installed without loud hammering, which can be harmful to marine life and requires noise mitigation systems that produce a considerable CO2 footprint. The concepts being…
25 January 2021
Contract awards within Renewable Energy and Subsea
Solstad Offshore ASA is pleased to announce four contract awards for three of its subsea construction vessels (CSV). Normand Energy will support a project for a Client in the Pacific Ocean with an estimated duration of 5 months, including mobilization and de-mobilization. The contract is scheduled to commence during February…
25 January 2021
TDI-Brooks International Completes G&G Campaign off Equatorial Guinea
TDI-Brooks International, Inc. has completed a geophysical and geotechnical (G&G) campaign for Trident Equatorial Guinea off the coast of Equatorial Guinea in the Elon Field. The site survey work was performed off the R/V Proteus, a research vessel owned and operated by TDI-Brooks. The goal was to assess seabed conditions…
25 January 2021
Zennor Launches Net Zero Carbon Strategy and Achieves Carbon Neutrality in 2020
Zennor Petroleum Limited (“Zennor”), the independent UK based oil and gas company engaged in the appraisal, development, and production in the UKCS, supports the goal of the Paris Agreement to achieve a carbon neutral global economy. In line with that support and as part of its ongoing Net Zero journey,…