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29 October 2020
Genesis reveals its new and expanded offering
Genesis announces the launch of its new and expanded scope to include advisory services in both the upstream and downstream domains. This strategic development of the Genesis portfolio also includes expanding into all Technip Energies’ markets, particularly the ones aligned with energy transition. This expansion will be supported by the…
29 October 2020
Fugro's Quickvision and Inclinocam Solutions Support Monopile Installation for First Wind Turbines in US Federal Waters
Fugro has used their integrated augmented-reality solutions to support Jan De Nul Group’s offshore installation of two monopiles for the first two offshore wind turbine foundations in US federal waters. By combining a range of vision technologies, Fugro ensured that the project’s challenging installation tolerances were met in full and…
29 October 2020
Contract award for Viking Princess
Eidesvik Offshore ASA has been awarded a time charter contract with Wintershall Dea Norge AS for the PSV Viking Princess. The contract is scheduled to commence in December 2020. The firm contract period is 12 months plus options for extensions. Jan Fredrik Meling, CEO & President, commented: “We are very…
29 October 2020
Oil discoveries offshore Newfoundland, Canada
Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada. The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide specific information on volumes.…
28 October 2020
Vår Energi enters into 12 frame agreements
Vår Energi has signed frame agreements with a total of 12 Norwegian suppliers of services within a number of technical and administrative disciplines. The agreements may contribute to significant employment. The framework agreements, which have a duration of five years, with additional options, include the provision of services both offshore…
28 October 2020
Minor oil discovery and delineation of the 6406/12-3 A (Bue) oil discovery near the Fenja field in the Norwegian Sea – 6406/12-G-1 H
Neptune Energy Norge AS, operator of production licence 586, is the process of concluding the drilling of wildcat well 6406/12-G-1 H, which is an extension of an observation well for the 6406/12-3 A (Bue) oil discovery. The well was drilled on the Fenja field about 120 kilometres north of Kristiansund.…
28 October 2020
Groundbreaking new app details every energy resource in the North Sea
A new interactive mapping application that reveals the location of every energy-related site in the UK Continental Shelf (UKCS) is expected to bring real benefits for exploration and the search for carbon storage locations. The game-changing app shows the proximity of existing oil and gas infrastructure to wind farms, electrical…
28 October 2020
Drilling starts on the Nova Field in Norway
Wintershall Dea has begun drilling the first of six wells on the operated Nova field in the Norwegian North Sea. With most of the subsea work already complete and a dedicated module installed on the host platform, Gjøa, the start of drilling represents the beginning of the final major packet…
28 October 2020
CGG prepares for Nebula phase II in deepwater Brazil
Nebula 3D is a large, long-offset BroadSeis™ survey located in the prospective Campos and Santos Basins offshore Brazil. Phase I covers approximately 17,700 square kilometers on the southeastern side of the survey area providing 3D data coverage where currently no other 3D data exists. Phase II covers approximately 10,000 square…
28 October 2020
Total makes second significant gas condensate discovery in South Africa
Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. This discovery follows the adjacent play opening Brulpadda discovery in 2019, which proved a significant new petroleum province in the region.…
28 October 2020
Idemitsu Petroleum Norge to sell part of participating interests of Production Licenses in Barents Sea, Norway
Idemitsu Kosan Co.,Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director and CEO: Shunichi Kito, the “Company”) is pleased to announce that Idemitsu Petroleum Norge AS*1 (Head Office: Oslo Norway; Managing Director: Futoshi Tsuneyama), a wholly owned subsidiary of Idemitsu Snorre Oil Development Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President: Jun Miki)*2,…
28 October 2020
Global Offshore welcomes new cable carousel at Port of Blyth
Global Offshore, a leading provider of cable installation, repair and trenching services to the offshore renewables, utilities and oil & gas markets, and part of the Global Marine Group, has installed a 2,000-tonne capacity power cable carousel at Port of Blyth’s Battleship Wharf terminal. The strategically located cable carousel, provided…
27 October 2020
LLOG Exploration Announces Discovery at Spruance and Development Plans for the Field
LLOG Exploration Company, L.L.C. (“LLOG” or “the Company”), a privately-owned exploration and production company operating in the deepwater Gulf of Mexico (“GOM”), today announced continued successful drilling results at its Spruance discovery and finalization of development plans for the field. Spruance is located in Ewing Bank (“EW”) 877/921 and was…
27 October 2020
OGUK report offers first insight into impact of pandemic on offshore jobs
The number of workers on offshore oil and gas installations decreased by around 4,000 as the UK went into lockdown in March this year, official figures published by industry body OGUK confirm today. Average weekly personnel on board decreased from around 11,000 on the 8 March to just over 7,000…
27 October 2020
Shearwater GeoServices receives five-month extension to CGG survey in Brazil
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce it has been awarded a five-month contract extension for CGG’s Brazil Nebula multi-client survey. “The extension provides a solid addition to our firm backlog for the northern winter, and austral summer season”, said Irene Waage Basili, the CEO of Shearwater GeoServices.…
27 October 2020
Sleipnir Installs Dana Petroleum’s P11-Unity Platform
The world’s largest semi-submersible crane vessel Sleipnir has safely installed Dana Petroleum’s new P11-Unity platform, which at 395 metric tons is one of the world's smallest platforms. Heerema was contracted for the transportation and installation of P11-Unity by HSM Offshore, who fabricated the platform at their yard in Schiedam, The…
27 October 2020
Prosafe secures a contract on the Norwegian Continental Shelf in 2022
Prosafe has been awarded a contract by ConocoPhillips Skandinavia AS to provide accommodation support using either the Safe Boreas or Safe Zephyrus on the Ekofisk field in relation to the tie-in of the Tommeliten Alpha field development. The firm duration of the contract is 90 days, commencing Q2 2022, with…
27 October 2020
Borders & Southern Petroleum plc ("Borders & Southern" or "the Company") Production Licences extension
Borders & Southern Petroleum plc (AIM: BOR) is pleased to announce that it has been granted an extension to its Falkland Islands licences. The Company's Production Licences, PL018, PL019 and PL020, which grant exclusive rights for surveying, drilling and production within the specified area, were due to expire on 31…
27 October 2020
Aker Offshore Wind and Aker BP collaborate to drive down CO2 emissions on the Norwegian Continental Shelf
Aker Offshore Wind and Aker BP have agreed to a cooperation agreement aimed at accelerating the process of decarbonizing oil and gas assets and realizing offshore wind in Norway at large scale. “We look forward to the opening of offshore wind acreage on the Norwegian Continental Shelf (NCS) in 2021.…
27 October 2020
One quarter of the global floater fleet could be scrapped as Covid-19 accelerates restructuring
The new downturn that the Covid-19 pandemic has brought upon the oil and gas industry has put many sectors in financial distress. Restructuring in the already-stretched offshore drilling market will accelerate, a Rystad Energy analysis shows, and the global floater fleet, whose utilization has been suffering since the previous downturn,…
26 October 2020
Petronas Awards Multi-Client Programs in Sarawak Basin to Seismic Consortium
The seismic consortium comprising PGS, TGS and WesternGeco has been awarded a multi-year contract by PETRONAS through competitive bidding to acquire and process up to 105,000 square kilometers of multi-sensor multi-client 3D data in the Sarawak Basin, offshore Malaysia.This contract award follows an ongoing campaign by the consortium in the…
26 October 2020
Leading energy companies form partnership to accelerate the development of offshore transport and storage infrastructure for carbon emissions in UK North Sea
bp, Eni, Equinor, National Grid, Shell and Total form Northern Endurance Partnership to develop offshore carbon dioxide infrastructure in the UK North Sea, with bp as operator Northern Endurance Partnership submits bid for funding through UK Government’s Industrial Decarbonisation Challenge for project that will serve Net Zero Teesside and Zero…
26 October 2020
New SOV on Management; Norside Supporter
Vestland Offshore are honoured and humble to have been given the management of the Norside Supporter making this our 2nd vessel in the Wind segment. The vessel will be further outfitted with several new and innovative W2W solutions at Fjellstrand ship yard in the coming weeks. We welcome the vessel…
26 October 2020
Bauna Update - ANP Board Approval Received
Karoon Energy Ltd (“Karoon”) provides the market with the following update on the Baúna asset acquisition: • Karoon is pleased to announce that the Board of Directors of the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (“ANP”) has approved with conditions, at a board meeting on 22 October 2020…
26 October 2020
Drilling permit for well 16/4-12 in production licence 981
The Norwegian Petroleum Directorate has issued a drilling permit to Lundin Energy Norway AS for well 16/4-12, cf. Section 15 of the Resource Management Regulations. Well 16/4-12 will be drilled from the West Bollsta drilling facility in position 58° 41' 51.29" N and 02° 08' 50.75"E after it concludes the…
26 October 2020
Vineyard Wind Partners With Local Environmental Contractor To Conduct Current & Tidal Monitoring
Vineyard Wind today announced that the company is working with, Woods Hole Group, a local environmental contractor, to deploy current measuring and turbidity monitoring devices along the export cable corridor. Working with Woods Hole Group, the company hopes to gain insight and data that will influence the planning and engineering…
26 October 2020
bp starts gas production from Qattameya field
bp today announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is expected to produce up to 50 million cubic feet of gas per day,…
26 October 2020
SMST’s offshore access and lifting in one for DEME
SMST is well underway to finalize its next generation gangway with increased lifting capacity and functionality, of which the first system is currently being commissioned at SMST. Later this year, the gangway for safe transfer of crew and cargo is going to be installed at Cemre Shipyard on board of…
23 October 2020
NKT completes cable repair of high-voltage power cable system between Norway and Denmark
NKT was awarded the order to repair two interconnectors between Denmark and Norway. The operation has been successfully completed and the power cables Skagerrak 1 and 2 are now back in operation. NKT completes cable repair of high-voltage power cable system between Norway and Denmark Skagerrak cable repair 2020 The…
23 October 2020
Emerson’s Digital Transformation Technologies Support Safe Operations for New Caspian Sea Platform
Emerson (NYSE: EMR) has been awarded a $14 million contract to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oilfield. Emerson will serve as the main automation contractor, providing its Project Certainty methodologies and digital technologies…
23 October 2020
£3.5M North Of Tyne Programme Seeks Offshore Innovators
A new £3.5m offshore innovation programme has been launched today. The Technology, Innovation and Green Growth for Offshore Renewables (TIGGOR) programme is funded primarily by the North of Tyne Combined Authority. The programme is targeting supply chain companies located in the North of Tyne area with opportunities to fund and…
23 October 2020
Drilling permit for well 7018/5-1 in production licence 960
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 7018/5-1, cf. Section 15 of the Resource Management Regulations. Well 7018/5-1 will be drilled from the West Hercules drilling facility in position 70°40'25.86"N and 18°26'48.19"E after concluding the drilling of wildcat well 6407/1-8 S for Equinor…
23 October 2020
Major Contract win for OTAQ Group with Unique Group
World class marine technology company, OTAQ Offshore, has today announced a significant contract award and exclusive supply agreement with Unique Group to supply a number of seabed landers. The Aberdeen based company, a subsidiary of OTAQ PLC, with offices in Lancaster, Ulverston and Puerto Montt in Chile, will design and…
23 October 2020
CNOOC Limited Announces Bozhong 19-6 Condensate Gas Field Pilot Area Development Project Commences Production
CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced that Bozhong 19-6 condensate gas field pilot area development project has safely commenced production. Bozhong 19-6 condensate gas field pilot area development project is located in the central Bohai with an average water depth of approximately 23 meters. A…
23 October 2020
Oil production costs reach new lows, making deepwater one of the cheapest sources of novel supply
A comprehensive Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has dropped to around $50 per barrel, down around 10% over the last two years, and 35% since 2014. This means that oil is much cheaper to produce now compared…
23 October 2020
BW Offshore: FPSO Umuroa update
The Board of Directors of BW Umuroa Pte. Ltd. (BWU), a wholly owned subsidiary of BW Offshore, has today resolved to place BWU into voluntary liquidation. BWU is the owner and operator of the FPSO Umuroa which is presently located on the Tui oil field offshore New Zealand. Reference is…
22 October 2020
Government approvals received for $575 million sale of Uganda assets to Total
Tullow Oil plc (Tullow) is pleased to announce that the Government of Uganda and the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax treatment of the sale of Tullow’s Ugandan assets to Total. The Ugandan Minister of Energy and Mineral Development…
22 October 2020
Europa Oil & Gas (Holdings) plc (‘Europa’ or ‘the Company’) One Year Extension to Inezgane Licence, Offshore Morocco
Europa Oil & Gas (Holdings) plc, the UK, Ireland and Morocco focused oil and gas exploration, development and production company, is pleased to announce that the Office National des Hydrocarbures et des Mines (‘ONHYM’), the Moroccan regulatory body, has granted the Company a one year extension to the initial phase…
22 October 2020
Peterson and OneSubsea agree logistics services contract in Trinidad and Tobago
Leading international energy logistics provider Peterson has agreed a project logistics services contract with OneSubsea to support their work on the Matapal project in Trinidad and Tobago. The contract award will see Peterson deliver turnkey logistics support to OneSubsea for the project, including undertaking the heavy moving and lifting, materials…
22 October 2020
IMCA Publishes Basic Training Document Aimed At Offshore Renewables Sector
The International Marine Contractors Association (IMCA) has published ‘Basic Safety Training Requirements for Personnel Employed in the Offshore Renewable Energy Sector’ (IMCA C 018). It provides standard basic safety training requirements for inclusion at contract awards stage covering those employed on-board vessels during the construction and maintenance support phases of…
22 October 2020
Archer announces two-year contract extension for platform drilling and maintenance services in the UK North Sea
Archer has secured a two-year contract extension with a major North Sea operator for the provision of platform drilling operations and maintenance services onseven UK North Sea installations. The extension will commence November 1, 2020 in direct continuation of the current contract. Over the next two years Archer will continue…
22 October 2020
Ørsted enters into agreement on sale of natural gas to PST
Ørsted has entered into a multi-year agreement on the sale of natural gas to Polish PGNiG Supply & Trading (PST). Under the agreement, Ørsted will, in 2023 to 2028, resell some of the natural gas that Ørsted receives from the Danish part of the North Sea to PST. From mid-2022,…
22 October 2020
SSCV OOS Serooskerke sea trial
The world’s most advanced semi-submersible heavy lifting platform will be towed out of the river from Nantong The width of the towing and the difficulty of the operation set a new record in the history of navigation on the Yangtze River. The entire Jiangsu section of the Yangtze River will…
22 October 2020
MENCK strengthens presence in Asia renewables market with in-region hammer assembly
MENCK, an Acteon company, recently delivered a 175-ton ram weight to their Singapore premises for an MHU3500S hydraulic hammer to be assembled in-region for subsequent delivery for use on a renewables projects in Asia. This marks the first time that MENCK has completed such a large hammer assembly in Singapore.…
21 October 2020
KM strengthens its position in the offshore wind sector with an innovative solution for installation vessels
Kongsberg Maritime (KM) has just signed a new contract with the maritime services and solutions provider MacGregor to deliver a Pile Gripper Guidance System (PGGS) for the OHT Alfa Lift. Scheduled for delivery in 2021, Alfa Lift will be the world’s largest custom-built offshore wind foundation installation vessel, equipped with…
21 October 2020
Fluor’s Stork Awarded 5-Year Pipeline Maintenance Contract in Peru
Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor’s Diversified Services segment, was awarded a new approximately five-year contract under the consortium of CMgP, Consorcio Mantenimiento de Gasoductos del Peru, (Stork Peru S.A.C. and SICIM S.P.A.) by Compañía Operadora de Gas, S.A.C – COGA in Peru. Fluor booked…
21 October 2020
Dvalin ready for start-up
he authorities have issued consent for start-up of the Dvalin field in the Norwegian Sea. Operator Wintershall DEA estimates that it can recover 18 billion standard cubic metres of gas from Dvalin. The operator's investment projection for the development is approx. NOK 11 billion. Wintershall DEA expects to start up…
21 October 2020
Digital Decommissioning Conference aims for international connectivity
Decommissioning takes on a new global dimension as OGUK launches its first ever virtual conference to provide delegates with a dynamic, international and interactive online experience. Taking place from November 24-25, the event goes beyond the confines of traditional conferences to provide a digital platform with potentially global reach enabling…
21 October 2020
Maersk Drilling secures additional three-well contract for Maersk Voyager in Angola
Maersk Drilling has been awarded a three-well contract from Total E&P Angola for the 7th generation drillship Maersk Voyager which will be employed to drill development wells in Angola’s Block 17. The three-well contract has an estimated duration of 140 days, which means that Maersk Voyager is now contracted until…
21 October 2020
TGS Adds to Offshore Nigeria Data with New Coring Project
TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced the recommencement of the geochemical coring project offshore Nigeria. The initiative is part of an anomaly targeting program focusing on the previously completed analysis of multibeam and backscatter data. This survey is being conducted in…