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24 September 2020
Archer secures a four-year contract extension for platform drilling and maintenance services with Apache Corporation in the North Sea
Archer has secured a four-year contract extension (the "Extension") with Apache Corporation ("Apache") for the provision of platform drilling operations and maintenance services on Beryl Alpha and Bravo, Forties Alpha, Bravo, Charlie and Delta in the UK North Sea. The Extension will commence 1 January 2021 in direct continuation of…
24 September 2020
Petrobras on exploratory well result in Campos Basin
Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of hydrocarbons in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin. Well 1-BRSA-1376D-RJS (Naru) is located approximately 308 km from the city of Rio de Janeiro, in water depth of 2,892 meters,…
24 September 2020
Van Oord’s Deep Dig-It trencher buries cables to 5,5 metres depth for offshore grid connection
Rotterdam, the Netherlands, 23 September 2020 – Van Oord’s Deep Dig-It trencher crossed the busy shipping route Rotterdam Maasmond successfully and is on its way to offshore Alpha jacket in the Hollandse Kust (zuid) wind farm area. TenneT is building the Hollandse Kust (zuid) offshore grid to connect new offshore…
24 September 2020
EIOF - Contract award for Viking Lady
Eidesvik Offshore ASA has been awarded an extension to the current time charter contract with Aker BP ASA for the PSV Viking Lady. The new contract will commence in direct continuation of the existing contract. The firm period of the extended time charter contract is 12 months from January 1,…
24 September 2020
PGS Completes 2020 Canada Acquisition and Prepares First Data
PGS completed the acquisition of three new GeoStreamer 3D surveys offshore Newfoundland and Labrador in September. First fast-track results, including early-out QI, will be delivered in Q4 2020. Final imaging and interpretation products will be delivered 2021. The Blomidon, South Bank, and Torngat Extension GeoStreamer 3D surveys together cover approximately…
24 September 2020
OGA appoints firm to operate National Data Repository
The Oil and Gas Authority (OGA) has today appointed Osokey Ltd. as collaborative partner in developing the National Data Repository (NDR) platform, as a critical element of the OGA Digital Energy Platform Osokey, which was awarded the contract following a competitive tender process will now start developing new services to…
24 September 2020
ION commercializes Gemini extended frequency source technology
ION Geophysical Corporation (NYSE: IO) today announced the commercialization of its proprietary Gemini™ extended frequency source technology following a successful survey deployment in the Gulf of Mexico. Developed with support from an E&P operator, the new source technology addresses industry demand for increased geophysical fidelity in complex geologies while satisfying…
23 September 2020
Keppel O&M clinches two contracts worth a total of about $200m
In Singapore, Keppel Shipyard is under the conversion of a liquefied natural gas (LNG) carrier to an FSRU bound for the Port of Acajutla, El Salvador.This will be El Salvador's first intergrated Lng-to power project The contract is with FSRU Development Pte Ltd, a joint-venture company between BW Gas Limited…
23 September 2020
BOEM, BSEE Advance New Research on Potential Policy Changes To Increase Oil and Gas Production in the Gulf of Mexico
The Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) today announced they will advance new research into whether certain policy changes could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico (GOM). “President Trump recognizes…
23 September 2020
LOC Korea wins contract with LS Cable & Systems
LOC Group, the premier international marine and engineering consulting firm, is pleased to announce its Korean office (“LOC Korea”) has won a new contract with LS Cable & Systems, a South Korean company and one of the world’s largest cable manufacturers, for the installation of subsea electricity supply cables between…
23 September 2020
SeaBird Exploration Plc: new contract award
SeaBird Exploration has received a letter of award for an OBN source contract in the Gulf of Mexico. The contract will start in Q4 2020 with an expected duration of about three months. SeaBird is a global provider of high quality marine seismic operations within the source vessel and 2D…
23 September 2020
National Grid and TenneT to jointly develop vision to link offshore wind farms to Britain and the Netherlands
National Grid Ventures, the commercial development arm of National Grid plc, and Dutch Transmission System Operator TenneT have today (22 Sept), announced a cooperation agreement to explore the feasibility of connecting Dutch and British wind farms to the energy systems of both countries via subsea electricity cables called interconnectors.The development…
23 September 2020
ODL – Aker BP awards work to Deepsea Stavanger upon return from South Africa
Aker BP and Odfjell Drilling have signed a contract that commits further work to Deepsea Stavanger under the existing Frame Agreement. The initial contract scope is five wells and has an estimated contract value of up to USD 44 million plus incentives. The contract is set to commence latest by…
23 September 2020
DOF Subsea awarded contracts in APAC region
DOF Subsea have been awarded two contracts in the Asia Pacific region, securing backlog for the onshore team and offshore fleet. The first project involves saturation diving and will see Skandi Singapore deployed for 3 to 4 weeks starting early Q4 2020. The second award is for onshore preparation and…
23 September 2020
Ironbark-1 Regulatory Approvals Complete
Regulatory approvals for the Ironbark-1 well have been completed Drilling is expected to commence late October 2020 Regulatory approvals required for the drilling of the Ironbark-1 well in exploration permit WA359-P have now been completed and the Operator, BP, is making final preparations for the handover of the Ocean Apex…
22 September 2020
Global oil & gas project sanctioning is set to recover and exceed pre-Covid-19 levels from 2022
The Covid-19 pandemic has devastated global oil and gas project sanctioning this year and will cause total committed spending to drop to around $53 billion from 2019’s $190 billion, Rystad Energy projects. Postponed plans will, however, cause the total worth of final investment decisions (FIDs) to double next year and…
22 September 2020
Woodside to use EC-Drill® Controlled Mud Level from Enhanced Drilling for Senegal project
AUSTRALIA’S largest independent oil and gas company, Woodside, has signed a contract to prepare their drill ships for the EC-Drill® system (pictured) from Norwegian offshore solutions provider, Enhanced Drilling, on the Sangomar Field Development offshore Senegal. EC-Drill®– more control EC-Drill® is a Controlled Mud Level (CML) system that enables operators…
22 September 2020
PGNiG: surge in gas production in Norway
PGNiG Upstream Norway has entered into an agreement with A / S Norske Shell, as a result of which it will acquire shares in the Kvitebjørn and Valemon production fields in the North Sea. Thanks to the transaction, the PGNiG Group's own gas production in Norway will increase to 0.9…
22 September 2020
The Government launches ‘Longship’ for carbon capture and storage in Norway
In a Government White Paper to the Norwegian parliament submitted today, the Government proposes to launch a carbon capture and storage (CCS) project in Norway. The project has been named ‘Longship’, in Norwegian 'Langskip'.More
22 September 2020
PetroNor E&P Limited (“PetroNor” or the “Company”) Agreement with The Gambia
PetroNor (OSE ticker: “PNOR”), the independent oil and gas exploration and production company with a focus on production, development and exploration assets across sub-Saharan Africa, announces that the Company has reached a mutual agreement with the Government of The Gambia to settle its Arbitration related to the A1 and A4…
22 September 2020
Global Marine Group Launches OceanIQ Consultancy Business – utilising rich subsea data
Global Marine Group (GMG) a leading provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas markets worldwide, is pleased to announce the launch of OceanIQ, the fourth business unit in Global Marine Group’s subsea engineering portfolio. OceanIQ delivers industry-leading subsea cable…
22 September 2020
Construction of first well completed at Semakovskoye field
RusGazAlyans (a joint venture of Gazprom and RusGazDobycha) completed the construction of the first production well at the Semakovskoye gas field. Commercial gas inflow was obtained. The well is 2,637 meters long. A program of gas dynamic studies will be performed in the well in order to determine the actual…
22 September 2020
Dogger Bank wind farm places record-breaking turbine order boosting local jobs
Dogger Bank Wind Farm and GE Renewable Energy have today, 22 September, announced contracts confirming the 13MW Haliade-X turbine for the Dogger Bank A and Dogger Bank B phases of the world’s largest offshore wind farm. The contract award, which is subject to Dogger Bank A and B reaching Financial…
22 September 2020
Deepsea Aberdeen secures work in Norway with Wintershall Dea
Odfjell Drilling Shetland Ltd has received a notice of early termination from BP Exploration Operating Company Ltd of the contract for semi-submersible Deepsea Aberdeen.The contract was originally due to expire in April 2022. In accordance with the contract terms, Odfjell Drilling will be compensated with an early termination fee through…
22 September 2020
Xodus Group advises Dutch government on CCUS projects
Xodus Group has delivered a review into tariffs for a landmark Carbon Capture Utilisation and Storage (CCUS) project in the Netherlands. The review for the Dutch Ministry of Economic Affairs and Climate Policy analysed proposed fees for the transport and storage requirements of the Porthos project, a joint venture between…
22 September 2020
Shearwater GeoServices awarded a marine 3D seismic survey by PETRONAS Suriname E&P B.V.
Shearwater GeoServices Holding AS (“Shearwater”) today announced the award of a large towed streamer 3D seismic survey for Block 52, offshore Suriname by PETRONAS Suriname E&P B.V. (PSEPBV), a subsidiary of PETRONAS. PETRONAS is an integrated global energy company and the Americas is one of the regions the company is…
22 September 2020
Magseis Fairfield awarded deepwater 4D Baseline OBN survey in the US Gulf of Mexico from late 2020
Magseis Fairfield announces the award of a deepwater 4D Baseline Ocean Bottom Node (OBN) survey in the US Gulf of Mexico for a repeat customer. The survey is anticipated to start in December 2020 with a project duration of approximately 80 days, adding to Magseis Fairfield’s 2020 and 2021 backlog.…
22 September 2020
Early termination of charter party – Normand Maximus
Normand Maximus Operations Ltd, a wholly owned subsidiary of Solstad Offshore ASA and disponent owner of the vessel “Normand Maximus”, has today received a notice of early termination of the charter party for the vessel from the charterers, Saipem (Portugal) Comercio Maritimo LDA. The charter party includes early termination provisions.…
22 September 2020
Three platform-supply vessels to be recycled
Vroon Offshore Services (VOS) has decided to dispose of three platform-supply vessels (PSV), with the aim of “right-sizing” its PSV fleet. The vessels, VOS Power, VOS Producer and VOS Prominence, were built between 2006 and 2007 and joined the Vroon fleet on delivery from the shipyard. Over the years, they…
22 September 2020
GC Rieber Shipping - Extension of charter contract for icebreaker Polar Pevek
GC Rieber Shipping ASA is pleased to announce a two-year extension for the icebreaker Polar Pevek. The extension follows from end of the firm period in September 2021, making the vessel firm until September 2023. Polar Pevek is a customised heavy icebreaker and commenced her original charter in 2006 on…
22 September 2020
CNOOC Limited Announces Commencement of Production at Liuhua 16-2 Oilfield/ 20-2 Oilfield Joint Development Project
CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Liuhua 16-2 oilfield/ 20-2 oilfield joint development project has commenced production. Liuhua 16-2 oilfield / 20-2 oilfield joint development project is located in Eastern South China Sea. The average water depth of the joint development project is…
22 September 2020
Sapura Energy secures RM1.3b new wins
Sapura Energy Bhd has bagged five new contracts valued at RM1.3 billion for its engineering and construction as well as drilling segments. Among the new wins is the submarine rescue service contract for the Royal Australian Navy, which is a first undertaking for the group. Sapura Energy also marked a…
22 September 2020
COOEC-Fluor Awarded Fabrication Contract for Wind Farm Development Project in the North Sea
Fluor Corporation (NYSE: FLR) announced today that its joint venture COOEC-Fluor Heavy Industries, Co., Ltd. (COOEC-Fluor) fabrication yard in Zhuhai, China, has been awarded a contract to fabricate jackets and suction caissons by Seaway 7, the Renewables business unit of Subsea 7, for phase one of the Seagreen offshore wind…
22 September 2020
Mermaid and ARV Set Up Artifical Intelligence And Robotics Technology Joint Venture "Zeaquest" For Subsea Services
The aim of this newly formed partnership is to develop robotics and artificial intelligence technology to provide commercial subsea engineering services to oil and gas companies, and renewable energy corporates operating in offshore businesses, both in Asia and other regions. Mermaid Maritime Public Company Limited (the “Company”) is pleased to…
22 September 2020
Nigeria 2020 | Reprocessed 3D Data for West Niger Delta
More than 3 500 sq. km of new PGS broadband reprocessed MultiClient data is now available in the West Niger Delta Basin, providing a clearer image of potential targets in blocks OPL 248, 249, 250, 2011, and OML 140. This newly reprocessed dataset targets the West Niger Delta Basin and…
22 September 2020
Top North Sea emitter UK needs to electrify its rising oil and gas output to reach climate goals
The British government has set a goal to reach net zero emissions by 2050. Electrification of oil and gas platforms on the UK continental shelf (UKCS) should play an important role in efforts to achieve this target, as a Rystad Energy analysis shows that UK oil and gas production will…
22 September 2020
Dry well north of the Gjøa field in the North Sea – 6204/11-3
Wellesley Petroleum AS, operator of production licence 829, has concluded the drilling of wildcat well 6204/11-3. The well was drilled about 75 kilometres north of the Gjøa field in the North Sea and 60 kilometres northwest of Florø. The objective of the well was to prove petroleum in reservoir rocks…
22 September 2020
Drilling permit for well 34/7-37 S in production licence 089
The Norwegian Petroleum Directorate has issued a drilling permit to Equinor Energy AS for wellbore 34/7-37 S, cf. Section 15 of the Resource Management Regulations. Well 34/7-37 S will be drilled from the Deepsea Atlantic drilling facility in position 61°15'17.74"N and 2°1'29.85"E. The drilling programme for well 34/7-37 S concerns…
22 September 2020
Contract award for Kollsnes MEG Upgrade project
On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade project at Kollsnes. Under the EPCI contract, Wood will upgrade the MEG (mono-ethylene glycol) regeneration handling capacity at the Kollsnes gas processing plant where Equinor is the technical…
17 September 2020
Iberdrola targets Japan as a new growth platform for renewables
Acquires local developer Acacia Renewables and enters joint venture with Macquarie's Green Investment Group (GIG) to develop its 3.3 GW offshore wind portfolio Access to a diversified portfolio: Acacia has two wind farms (1.2 GW) under development and four in the pipeline, strategically located in different areas of the country's…
17 September 2020
Santos welcomes $1.9 billion technology-neutral investment to reduce carbon emissions
The Federal Government’s announcement today to invest $1.9 billion to reduce carbon emissions paves the way for large-scale carbon capture and storage (CCS), which the International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC) have identified as a critical technology to achieve the world’s climate goals. “Despite…
17 September 2020
DOF Subsea secures Integrated FSV Contract in Africa
DOF Subsea has been awarded an integrated Field Support Vessel (FSV) contract with an international oil company in Angola. The project shall utilize Skandi Seven for a minimum of 303 firm vessel days plus 365 days of options. The Contract also includes the potential supply of additional vessels, as required…
17 September 2020
Equinor – consent for exploration drilling in the Barents Sea
Equinor Energy (Equinor) have been given consent to drill an exploration well on the Snøhvit field (Askeladd). The consent applies to the drilling of an exploration well more than 200 metres below the seabed, subject to the Regulations relating to management and the duty to provide information in the petroleum…
17 September 2020
Aker BP – Ærfugl – consent for use
Aker BP have been given consent for the use of parts of the Ærfugl field in the Norwegian Sea. The consent covers use of the K-1H, L-1H and M-1AH production wells, including operation and maintenance and all associated activities.
17 September 2020
Equinor – Snøhvit - consent for use of Askeladd phase 1
Equinor have been given consent for the use of Askeladd phase 1 on the Snøhvit field. The Askeladd development is an extension of the Snøhvit field. The Askeladd development is divided into two phases, of which phase 1 consists of one well template in the northern section of Snøhvit and…
17 September 2020
Wilhelmsen and Østensjø join forces to fast track growth of renewable energy company Edda Wind
Wilhelmsen and Østensjø join forces to fast track growth of renewable energy company Edda Wind The agreement will see Wilhelmsen initially acquire 25% of Østensjø Group’s expanding offshore wind company. Wilhelmsen has also secured an option to buy another 25% before June 2021. Launched in 2018, Edda Wind owns and…
17 September 2020
Eni, new gas discovery in the “Great Nooros Area”, Mediterranean Sea, Egypt
Eni (as the Operator of the Block) and bp (as contractor member) announce a new gas discovery in the so-called "Great Nooros Area", located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt. This new discovery, achieved through the Nidoco NW-1 exploratory…
17 September 2020
'Closing the Gap' - realising a net zero North Sea
elivering a tech-enabled integrated net-zero energy future will cost £430 billion but generate more than £2.5 trillion in value to the UK economy Leading global push to develop net-zero energy system technologies will create major opportunities for UK jobs and manufacturing The OGTC and other organisations which develop technology to…
17 September 2020
Apus prospect update
ew 3D seismic data vastly improves the quality of prospect interpretation around Dorado • Previous 2D based Apus feature now comprises three leading prospects in Apus, Petrus and Kepler • The three prospects are estimated to contain an aggregate 293 million barrels of oil (Gross, Pmean) The volumes in this…
16 September 2020
Swire Blue Ocean (SBO) intends to order a new vessel with an option for a second new-build, while planning to invest in new cranes for both Pacific Osprey and Pacific Orca.
The development comes as the Danish operator prepares itself for the installation of next-generation wind turbines over the coming decade and beyond. Offshore wind turbines continue to scale up, and this planned investment will keep SBO at the forefront of this fast-moving industry. “I am proud to announce that our…