Search News
Latest News
14 January 2021
Total, new operator of Block 58 offshore Suriname, announces a fourth discovery
Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West and Kwaskwasi. The well was drilled by a water depth of about 725 meters and…
14 January 2021
Multiconsult and Argeo cooperate on marine survey methods and technology
Multiconsult and Argeo have entered into a strategic cooperation to significantly improve quality marine surveys and increase construction insight of the seabed conditions for large coastal development projects and offshore structures. The two parties have also invested in a Hugin Autonomous Underwater Vehicle. The objective for the cooperation is to…
14 January 2021
Equinor selected for largest-ever US offshore wind award
Today, Equinor was selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the U.S. to date. Under the award, Equinor and incoming strategic partner bp will provide generation capacity of 1,260 megawatts (MW) renewable offshore wind power from Empire Wind…
14 January 2021
Siemens Gamesa and Siemens Energy to unlock a new era of offshore green hydrogen production
Projects target a total investment of approximately EUR 120 million over five years in developments leading to a fully integrated offshore wind-to-hydrogen solution Projects are first major step to develop an industrial-scale system capable of harvesting green hydrogen from offshore wind Developments will enable decarbonization of hard-to-abate sectors such as…
14 January 2021
BW Energy: Signs Kudu Farm-In Agreement
BW Kudu Limited, a wholly owned subsidiary of BW Energy Limited and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Farm-In and Carry Agreement. The agreement increases BW Kudu’s working interest in the Kudu license offshore Namibia from 56% to 95% in line with previously disclosed intentions. NAMCOR…
14 January 2021
First gas for Wintershall Noordzee from Sillimanite South field
Wintershall Noordzee B.V. (a 50:50 Joint Venture of Wintershall Dea GmbH and Gazprom EP International B.V.) has started up the production of the D12-B3 well, the Sillimanite South field discovery well. This gas field was discovered last year following the completion of the second Sillimanite development well which was taken…
14 January 2021
Ironbark-1 Plug and Abandon complete
The Ocean Apex drilling rig has completed its work scope to plug and abandon the Ironbark1 well and departed the well location at midnight Monday 11th January 2021(AWST). Cue CEO Matthew Boyall commented on the well and Cue’s ongoing business: “The results of the Ironbark-1 well were disappointing, but we…
14 January 2021
Update on OGA approach to licence amendments
In response to the global COVID-19 pandemic which first affected the UK in early 2020, and continues to have a significant impact, the OGA announced on 24 March 2020 that it would seek to ease the pressures on industry by taking a pragmatic approach to compliance where it could. To…
13 January 2021
MENCK to provide hydraulic piledriving hammer solution to Seaway 7 for Vattenfall’s Hollandse Kust Zuid I–IV (HKZ) offshore wind farm project in the Netherlands
MENCK, a specialist hydraulic piledriving solutions and project management company and part of marine and subsea solutions group Acteon, has signed a contract with Seaway 7, the renewables business unit of Subsea 7, to provide an MHU 3500S hydraulic hammer and spread for the installation of 140 monopile foundations for…
13 January 2021
Total E&P and ExxonMobil commence TCP qualification project with Strohm for high end hydrocarbon service applications
Strohm has announced it has secured a contract with Total and ExxonMobil for a qualification testing programme for a high pressure, high temperature Thermoplastic Composite Pipe (TCP). The qualification project will create a foundation for further development of this TCP technology for riser applications. Under the agreement, Strohm will execute…
13 January 2021
TGS Announces Espirito Santo Multi-Client 3D Survey Offshore Brazil
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced the commencement of the Espirito Santo multi-client 3D seismic survey offshore Brazil – previously publicized on 18 November 2020. This survey, covering 2,694 square kilometers, will broaden the region's 3D coverage while adding to…
13 January 2021
Neptune Energy awards $6.5M contracts for Cygnus gas facility
Neptune Energy today announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork, to the value of approximately $6.5 million. Oceaneering will supply integrity management services covering pressure systems, structural, pipeline, erosion management and offshore inspection services. Oceaneering will…
13 January 2021
CGG satellite Mapping Completes Barnets Sea Seeps Study For Norwegian Petroleum Directorate
CGG’s Satellite Mapping group recently completed an innovative high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD). The aim of the study was to increase petroleum system knowledge across a relatively data-poor area of the northern Barents Sea. CGG Satellite Mapping has over twenty-five years of experience in…
13 January 2021
John Lawrie Decom Completes Buchan Alpha Decommissioning for Ocean Kinetics Ltd
John Lawrie Decom, part of John Lawrie Metals Ltd, the metal recycling experts, has completed the final stages of the Buchan Alpha decommissioning project. Following extensive engineering planning and analysis in order to determine the safest and most efficient methodology, John Lawrie’s experienced decommissioning team worked to downsize the four…
13 January 2021
DLM Monitoring, Logging System for Windfarm Array Cables
Dynamic Load Monitoring (DLM), of Southampton, UK, has manufactured two bespoke monitoring systems that have been installed by dive teams on subsea bend stiffeners at an offshore wind farm. The equipment has been commissioned, with the first round of data due to be collected in March 2021. The bespoke products…
13 January 2021
Coretrax Celebrates First Deployment Of Expandable Drilling Liner in Norway
ReLineDL saves 14 days rig-time for major Norwegian operator Coretrax, the global well integrity and production optimisation leader, has marked a significant milestone with the first deployment of its expandable liner technology in Norway since acquiring Mohawk Energy. The move has allowed the business to deliver and deploy novel technology…
12 January 2021
Gas year 2020 review: Global gas production exceeded demand, US led liquefaction capacity race
2020 was a year that hurt demand for all fuels, and natural gas was no exception. As the year concluded, Rystad Energy has analyzed all of the year’s gas-related activity and produced a thorough report, offering some easily digestible key figures and some long-term outlook on the future of the…
12 January 2021
Seajacks International awarded turbine installation contract for the Akita Port and Noshiro Port offshore wind farms
Seajacks Japan LLC, a wholly owned subsidiary of Seajacks International (Seajacks) has been awarded a contract with Kajima Corporation for the transport and installation of 33 MHI Vestas V117 – 4.2 MW wind turbine generators at the Akita Port and Noshiro Port offshore wind farms in Japanese waters. Installation is…
12 January 2021
Floatel International Ltd: Contract Awards
The Company is pleased to announce that the Group has been awarded three contracts on the Norwegian continental shelf. One with start in June 2021 for Vår Energi for a period of three months plus options thereafter as well as two contracts with Equinor for execution in 2022. One for…
12 January 2021
McDermott Completes Reliance's KG-D6 R Cluster Project
McDermott International, Ltd today announced it has completed the KG-D6 R Cluster subsea field development project and achieved pre-commissioning and ready for startup for Reliance Industries Ltd., in the Krishna Godavari Basin, located off the east coast of India. McDermott used its Derrick Lay Vessel 2000 to perform its first…
12 January 2021
Fugro Partners On "4S" Global Satellite Observation Seafloor Mapping Innovation
Fugro is participating in an EU co-funded research and innovation project to develop a remote solution for global satellite derived seafloor mapping. Satellite-derived bathymetry data The 3-year project, named ‘4S’ (Satellite Seafloor Survey Suite), will develop an online cloud-based solution that will use highly automated earth observation algorithms and workflows…
12 January 2021
Drilling permit for well 15/12-25 in production licence 973
The Norwegian Petroleum Directorate has granted Chrysaor Norge AS a drilling permit for well 15/12-25, cf. Section 15 of the Resource Management Regulations. Well 15/12-25 will be drilled from the COSLInnovator drilling facility in position 58° 4' 8.33" N and 1° 49' 42.79"E. The drilling programme for well 15/12-25 relates…
12 January 2021
Drilling permit for well 15/12-26 in production licence 973
The Norwegian Petroleum Directorate has granted Chrysaor Norge AS a drilling permit for well 15/12-26, cf. Section 15 of the Resource Management Regulations. Well 15/12-26 will be drilled from the COSLInnovator drilling facility in position 58° 8' 19.07" N and 1° 55' 36.23"E after concluding the drilling of wildcat well…
12 January 2021
8-month North Sea campaign complete
The campaign commenced in May and covered installation of umbilicals and flexible jumpers in 3 different fields on both sides of the North Sea. In total 12 reels of product were installed. MDL Third-generation Reel Drive System (RDS) was used for the SURF deployment across all scopes, mobilised onboard a…
12 January 2021
Lundin Energy announces resource additions of 210 percent of 2020 production
Lundin Energy AB (Lundin Energy) is pleased to announce that as at 31 December 2020, its proved plus probable net reserves (2P reserves) are 671 million barrels of oil equivalent (MMboe 1,2) and its proved plus probable plus possible net reserves (3P reserves) are 826 MMboe. 2P reserves plus best…
11 January 2021
Petrobras registers records in 2020 annual production
Petrobras reports that it has registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and 2.84 million barrels of oil equivalent per day (boed). The previous records occurred in 2015 and were 2.23 million…
11 January 2021
Total Acquires Fonroche Biogaz and Becomes the French Leader in Renewable Gas
Total announces the acquisition of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. With close to 500 gigawatt-hours (GWh) of installed capacity, which doubled between 2019 and 2020, Fonroche Biogaz is today the French market leader in the production of renewable gas with more…
11 January 2021
Independent Oil and Gas plc Corporate and Operational Update
Independent Oil and Gas plc ("IOG" or "the Company"), (AIM: IOG.L), the UK gas company targeting high returns via an infrastructure-led hub strategy, is pleased to provide an early 2021 update. Highlights - Specialist in-house discipline heads all now in place; new COO selection process progressing - Phase 1 remains…
11 January 2021
Borr Drilling Limited – Fleet status report
Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) is pleased to announce in its fleet status report today that it has entered into a new contract, an extension and received an LOA, adding USD 35.1 million over approximately 480 days to the total backlog, with good prospects for additional…
11 January 2021
New contract for Rem Trader
Rem Offshore is pleased to announce that our PSV Rem Trader has been awarded a campaign contract for 2021 and 2022 with Van Oord. The campaign is for the Saint Brieuc Offshore Windfarm and is in the offshore wind segment. Rem is looking forward to place PSV’s in other segments…
11 January 2021
Update on Remus Proposal and Woodside Sale
FAR Limited (ASX: FAR) provides the following update in relation to its previous announcements regarding: The Remus conditional non-binding indicative proposal of a potential offer from Remus Horizons PCC Limited to acquire 100% of the shares in FAR at 2.1c cash per share ("Remus Proposal"). The proposed sale…
11 January 2021
Finder Awarded New Permit WA-547-P
Finder Energy Ltd is pleased to announce that it has been awarded a 100% interest in the highly competitive exploration permit WA-547-P, located within the prolific North West Shelf oil and gas province off Western Australia. WA-547-P is situated in the Northern Carnarvon Basin and is on trend with the…
11 January 2021
HydrogenPro AS, Ariema S.A and Repsol S.A plan to develop joint hydrogen projects
HydrogenPro AS, Ariema S.A and Repsol S.A plan to develop joint hydrogen projects Within the framework of a Memorandum of Understanding, HydrogenPro will assist the Spanish multi-energy provider Repsol to mature and accelerate projects which will help Repsol achieve its’ target of becoming a zero emissions company by 2050. HydrogenPro…
11 January 2021
Carbon Storage Research Project
As the licensing authority for carbon storage projects in the UK offshore domain, The OGA are responsible for ensuring that prospective projects meet required standards. The OGA are seeking tenders from third parties with CCS project experience that aim to identify and describe risks and mitigations which must be considered…
8 January 2021
Shepherd Offshore Announce Partnership With North Tyneside Council
Shepherd Offshore is proud to announce ownership of the former Swan Hunter site located in Wallsend, North Tyneside. Working in partnership with North Tyneside Council and stakeholders for the redevelopment of the former shipyard, Swans Energy Park will play a key role in job creation in the North East. Offering…
8 January 2021
Disused Gas Platforms To Be Removed By World's Largest Vessel
Final preparations for Spirit Energy’s DP3 and DP4 installations to be lifted from the East Irish Sea are underway, and the two 11,000-tonne platforms will be removed by Allseas’ Pioneering Spirit. The infrastructure used to produce gas as part of Spirit Energy’s complex of eight installations in Morecambe Bay. As…
8 January 2021
TechnipFMC Announces Resumption of Activities Toward Separation into Two Industry-Leading, Independent, Publicly Traded Companies
TechnipFMC plc (the “Company”) (NYSE: FTI) (Paris: FTI) (ISIN:GB00BDSFG982) today announced the resumption of activities toward its planned separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and Technip Energies, a leading engineering and technology player. The separation would enhance TechnipFMC’s and Technip…
8 January 2021
Gulf Marine Services PLC ('Gulf Marine Services', 'GMS', 'the Company' or 'the Group') GMS secures additional backlog, with long term contract following successful trial of GMS Evolution's cantilever system
GMS, a leading provider of advanced self‐propelled, self‐elevating support vessels serving the offshore oil, gas and renewables industries, is pleased to announce that it has secured a long‐term contract for the GMS Evolution. Winning this contract follows the successful trial of the vessel's Cantilever Workover System, with an NOC client…
8 January 2021
Oceaneering's Integrity Management and Digital Solutions Segment Announces Recent Contract Wins Exceeding $250 Million
Oceaneering International, Inc. (NYSE:OII) announces that, since the beginning of the fourth quarter 2020, it has won multiple significant contracts for its Integrity Management and Digital Solutions (IMDS) segment. The contracts range in duration from three to five years, with a cumulative value exceeding $250 million. These awards, from major…
8 January 2021
Energean plc (“Energean” or the “Company”) Energean completes acquisition of stake in Block 2, offshore Greece
Energean plc (LSE: ENOG, TASE: אנאג ,(is pleased to announce that it has completed its acquisition of Total’s entire 50% working interest share and operatorship position in Block 2, offshore Western Greece. Combined with the 25% working interest that was acquired through the acquisition of Edison E&P, Energean’s working interest…
8 January 2021
PETRONAS Carigali Takes Over Operatorship of E11 Gas Hub, Offshore Sarawak
PETRONAS through its subsidiary, PETRONAS Carigali Sdn Bhd (PCSB), today announced that it has taken over the operatorship of the E11 gas hub, located 130km offshore Bintulu, Sarawak, effective 1 January 2021. The E11 hub which has been producing since 1982 under the MLNG Production Sharing Contract had been operated…
8 January 2021
ODL – More work for Deepsea Yantai
Odfjell Drilling and CIMC Raffles are pleased to announce that Neptune Energy Norge has extended the contract for the Deepsea Yantai with an additional 2 wells securing that the rig is fully occupied through 2021.The extension is made so that the rig can conduct further work in the Dugong area…
7 January 2021
Pandion Energy acquires license interests from Wintershall DEA
Pandion Energy AS (Pandion Energy) has entered into an agreement with Wintershall DEA Norge AS (Wintershall DEA) to acquire a 2.5 percent interest in PL 820 S and a 15 percent interest in PL 617. Through this transaction, Pandion Energy increases its interest in PL 820 S to 12.5 percent.…
7 January 2021
Kraken, a new robotic arm for offshore operations
WavEC announces the end of the kraken project financed by FCT, GOBCAN-ACIISI and SEAI through OCEANERA-NET (Ocean Energy European Research Area Network). Led by WavEC in Portugal, and involving four project partners from three countries, the Kraken project’s strategic goal was to develop and manufacture three distinctive components: a seven…
7 January 2021
Havila Shipping ASA: Settlement agreement with DeepOcean following contract termination
Reference is made to the stock exchange release of 11.12.20 regarding contract termination for the subsea vessel Havila Phoenix. An agreement between companies in Havila Shipping and companies in DeepOcean about full and final settlement between the parties has been signed. The settlement agreement includes both cash settlement and acquisition…
7 January 2021
PGNiG’s new acquisitions of upstream assets in Norway formally approved
The Norwegian petroleum authority has issued formal approvals for PGNiG Upstream Norway to acquire interests in licences covering the Kvitebjørn and Valemon fields in the North Sea. Having brought up the number of licences in which the company holds interests to 32, the new acquisitions will contribute to a substantial…
7 January 2021
BOEM Releases Draft Environmental Analysis for Offshore Wind Energy Project
In support of President Trump’s America-First Offshore Energy Strategy, the Bureau of Ocean Energy Management (BOEM) today announced that it will publish a draft environmental analysis of the proposed South Fork Wind Farm and is requesting public comment. The draft environmental analysis, referred to as the Draft Environmental Impact Statement…
7 January 2021
OWC to support Baltic Sea offshore wind projects
Baltic Power, subsidiary of Polish energy company PKN Orlen, has retained offshore wind consultancy firm OWC as technical advisor to its 1.2 GW offshore wind development in the Baltic Sea. PKN Orlen, through its subsidiary Baltic Power, holds a license to build wind farms in the Baltic Sea with a…
7 January 2021
Qatargas Awards Offshore Engineering Contract to McDermott
McDermott International, Ltd today announced it has been awarded a contract from Qatargas to deliver front-end engineering and design (FEED) work for Qatar Petroleum's North Field South (NFS) project. "For more than 30 years, McDermott has executed projects in Qatar's North Field, and we will leverage our experience and local…
7 January 2021
ConocoPhillips - consent for remote operation of facility
The Petroleum Safety Authority Norway has given ConocoPhillips Skandinavia AS (ConocoPhillips) consent for remote operation of the Eldfisk 2/7 Bravo facility. Operations, maintenance, modifications Change The consent covers the conversion to a new mode of operation for the Eldfisk 2/7 Bravo facility and comprises three main elements: Technical modifications in…