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1 September 2020
Boskalis Subsea Services secures multi-million-pound Perenco contract in UKCS
Aberdeen based Boskalis Subsea Services, has announced the award and successful completion of a multi-million-pound contract awarded by Perenco UK. The contract was to support a pipeline project in the UK’s Southern North Sea basin. One of the firm’s dive support vessels (DSV), the Boka Da Vinci, was mobilised to…
1 September 2020
Commencement of Pre-FEED for Judith Gas Field Project
APA has commenced Pre-Front End Engineering Design (‘Pre-FEED’) for the provision of midstream infrastructure and services related to gas that is planned to be produced from the Judith Gas Field following successful appraisal drilling • Judith Gas Field Dynamic Modelling delivers simulated gas production for the Pre-FEED of: …
1 September 2020
Subsea 7 awarded contract offshore Trinidad and Tobago
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable(1) contract for work offshore Trinidad and Tobago. The contract will be recorded in backlog in the third quarter. The contract scope covers the project management, engineering, procurement, installation and pull-in of one subsea rigid flowline…
1 September 2020
Total and Macquarie Partner to Develop 2GW Floating Offshore Wind Portfolio in South Korea
Total and Macquarie’s Green Investment Group (GIG) have concluded a 50/50 partnership to develop a portfolio of 5 large floating offshore wind projects in South Korea with a potential cumulated capacity of more than 2 gigawatts (GW). Located off the Eastern and Southern coasts of the country (Ulsan and South…
1 September 2020
Africa Energy Spuds Luiperd-1X Well Offshore South Africa
Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) ("Africa Energy" or the "Company"), an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce spud of the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa following the Brulpadda…
1 September 2020
Maersk Drilling secures 20-month extension for jack-up rig Maersk Convincer in Brunei Darussalam
Brunei Shell Petroleum Company Sdn. Bhd. (BSP) has exercised the contract extension option for the jack-up rig Maersk Convincer that allows the rig to continue operating offshore Brunei Darussalam. The contract extension has an expected duration of 602 days and will commence in May 2021 in direct continuation of the…
1 September 2020
MacGregor secures largest single vessel contract for OHT’s Alfa Lift wind foundation installation vessel
MacGregor, part of Cargotec, has received a significant order for delivery of the mission-critical system to be installed on the OHT offshore wind foundation installation vessel, Alfa Lift, being built at the China Merchants Heavy Industry shipyard in Jiangsu, China. The order, which is the largest single vessel contract secured…
1 September 2020
New Data Available for Australia 2020 Petroleum Acreage Release Blocks AC20-1, 2, 3, 4 & 5:
MCR is pleased to announce the availability of the new NOVAR & ZEPON PreSDM MC3D reprocessed seismic data sets, regional interpretation and rock physics studies over the Vulcan Sub-basin for the 2020 Acreage Release evaluations. Material size leads exist in a variety of structural and stratigraphic traps throughout the Paleogene…
31 August 2020
Falck Renewables and Eni US sign an agreement to acquire 62 MW of operating wind and solar projects and up to 160 MW wind development pipeline in the United States
Falck Renewables S.p.A. and Eni New Energy US Inc, through Novis Renewables Holdings, LLC (Novis), a partnership with 51% and 49% shares respectively, announce the signing of an agreement with Building Energy S.p.A. to acquire Building Energy Holdings US, LLC (BEHUS). BEHUS business consists of 62 MW of operating wind…
31 August 2020
Odfjell Drilling and our partner CIMC Raffles secures extension with Neptune Energy Norge for the “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 3 wells taking the rig to late 2021. The rig will conduct the second drilling phase of Neptune Energy’s Fenja field development project. In addition, the…
31 August 2020
Pioneering Spirit lifts 14,200 t Ninian Northern platform
• Single-lift removal of the topsides took 2 hours • Pioneering Spirit will return for the jacket in 2022 Allseas’ heavy lift vessel Pioneering Spirit has successfully completed her third and final decommissioning job of 2020, a single-lift removal of the North Sea’s 14,200 t Ninian Northern topsides for CNR…
31 August 2020
Shell signs enterprise agreement with Kongsberg Digital for digital twin software
The agreement covers digital twin cloud-based services for the global portfolio of assets and capital projects within the Anglo-Dutch energy and petrochemical company’s upstream, integrated gas, downstream and manufacturing business lines. Shell has now signed an enterprise agreement with Kongsberg Digital for digital twin software to be deployed across its…
31 August 2020
Odfjell Drilling joins forces with Oceanwind in the floating offshore wind market
Odfjell Drilling is pleased to announce its investment in Oceanwind AS. Oceanwind’s long-term objective is to own and operate harsh environment floating offshore wind turbines. With almost 50 years of offshore competence in Odfjell Drilling and 20 years of offshore wind experience among Oceanwind’s founders, the parties believe that this…
31 August 2020
Seriously, UK oil companies will struggle to find semisubs for work in 2021
E&P companies planning drilling campaigns in British waters next year could face a surprisingly small selection of semisubs to choose from due to ever-shrinking ready supply in the segment. Too many rigs and not enough work has been the norm in the British semisub segment since the 2014 oil price…
31 August 2020
United-States: SunPower completes Maxeon Solar Technologies’ Spin-Off Transaction
SunPower, majority owned by Total since 2011, successfully completed the strategic transaction, announced last November, to create two independent public companies: SunPower, the leading North American distributed generation company, and Maxeon Solar Technologies, a leading global manufacturer of premium solar panels. Concurrently, Tianjin Zhonghuan Semiconductor Co., Ltd. (TZS), a long-term…
31 August 2020
Norwegian Initiative For Global Offshore Wind
Ocean Installer and Vard are entering into a partnership to develop one of the world’s most advanced turbine installation vessels for offshore wind. “We will jointly be developing one of the world’s most advanced vessels for installation of future offshore wind turbines, which are too large for the existing turbine…
28 August 2020
GC Rieber Shipping - Shearwater receives Mauritania 3D exploration award from Total
GC Rieber Shipping ASA's 19% owned geoservices company Shearwater GeoServices Holding AS ("Shearwater") is pleased to announce it has received an award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Mauritania. The exploration survey covers 6,000 sq. km in the C15 and C31…
28 August 2020
DNeX announces 2Q FY2020 financial results
Dagang NeXchange Berhad (“DNeX”) has announced its results for the second quarter ended 30 June 2020 (“2Q FY2020”), and the six months period ended 30 June 2020 (“1H FY2020”). In 2Q FY2020, DNeX reported a revenue of RM62.0 million as compared to RM72.2 million in the previous year’s corresponding period…
28 August 2020
Equinor completes world’s first logistics operation with a drone to an offshore installation
A drone flew a 3D-printed part for the lifeboat system from the Mongstad base to the Troll A platform in the North Sea. The operation was completed efficiently and according to plan. “Development is rapid, and we see a huge potential within drone technology that could transform the way we…
28 August 2020
DOF Subsea awarded multiple contracts by Petrobras
DOF Subsea is proud to announce four new contracts with Petrobras. The contracts include work within our core service lines for Survey and Inspection. At least three vessels from the DOF fleet shall be mobilized to perform flexible pipeline, risers and subsea equipment inspection in Campos Basin, Santos Basin, Marlin…
28 August 2020
Independent Oil and Gas plc 1H 2020 Interim Results
Independent Oil and Gas plc ("IOG" or the "Company") (AIM: IOG.L), the development and production company focused on becoming a substantial UK gas producer, is pleased to present its unaudited interim results for the six months ended 30 June 2020. Operational Highlights · Core Project Phase 1 development maintaining schedule…
28 August 2020
Sangomar Update
FAR Ltd (ASX: FAR) provides an update on its interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) Contract Area, offshore Senegal. Pursuant to the Joint Operating Agreement between the Senegal co-venturers, FAR was offered a preemptive right over the sale of the 40% working interest held…
28 August 2020
Acknowledgement of Compliance (AoC) for AKOFS Seafarer
AKOFS Offshore Operations AS (AKOFS) has received the PSA’s Acknowledgement of Compliance (AoC) for AKOFS Seafarer. AKOFS Seafarer was originally a supply ship built at the STX Europe Søviknes shipyard in 2010. AKOFS Seafarer has now been converted to a well intervention vessel. The facility is classified by DNV GL…
28 August 2020
Equinor – consent for use of AKOFS Seafarer
Equinor have been given consent to use the AKOFS Seafarer mobile drilling facility for well intervention on the NCS.The consent applies to light well intervention from 21 August 2020 to 15 June 2025 within a number of fields/production licences in both the North Sea and the Norwegian Sea.
27 August 2020
Ithaca Energy announces H1-2020 financial results
Ithaca Energy Limited (IAECN: ISINs US46567TAA25 / USG49774AA35) (“Ithaca” or the “Company”) is pleased to announce its financial results for the six months ended 30 June 2020 (“H1-2020”). Highlights Strong operational performance with limited disruption arising from Covid-19 related restrictions Production of 73 thousand barrels of oil equivalent per day…
27 August 2020
RWE completes installation of foundations and export cables at Triton Knoll offshore wind farm
Installation achieved within schedule, despite impact of Covid-19 90 foundations and two 50 kilometre-long export cables now in position Start of commercial operations at Triton Knoll expected in Q1/2022 “With the installation of all foundations and the export cables, we have successfully completed a key offshore construction phase at Triton…
27 August 2020
Odfjell Drilling joins forces with Oceanwind in the floating offshore wind market
Odfjell Drilling is pleased to announce its investment in Oceanwind AS. Oceanwind’s long-term objective is to own and operate harsh environment floating offshore wind turbines. With almost 50 years of offshore competence in Odfjell Drilling and 20 years of offshore wind experience among Oceanwind’s founders, the parties believe that this…
27 August 2020
CGG Adds Second Azimuth to Northern Viking Graben Multi-Client Survey
CGG announced today the commencement of a new multi-client 3D survey in the Northern North Sea. The survey will provide a second azimuth over CGG’s existing Northern Viking Graben (NVG) multi-client 3D survey and extend into open acreage on offer in the UK 32nd License Round. The new survey will…
27 August 2020
Fugro Wins Three Long-term ROV Services Contracts With Petrobras in Brazil
In partnership with Solstad and Oceanpact, Fugro has been awarded three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in Brazil. All three contracts are for 3-year firm periods with additional 1-year options. Fugro will provide a total of five work…
27 August 2020
McDermott Awarded FEED Contract by Delta Offshore Energy for Gas Pipeline in Vietnam
Includes FEED and EPCI services for gas pipeline connecting an offshore LNG regasification platform to onshore 3,200-megawatt (MW) powerplant in Bac Lieu Province, Vietnam - Leverages extensive experience in Vietnam and ability to provide turnkey EPCI solutions - Builds on prior success, which started with project feasibility study and converted…
27 August 2020
Polarcus Awarded XArray™ 3D Project In West Africa
Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) announces the award of an XArray™ 3D marine seismic acquisition project in West Africa commencing in October 2020 with a duration of approximately 2 months.
27 August 2020
Tetra Tech Invests in Smart USV technology from UK company USS
The Marine Services Division of the global consulting and engineering firm Tetra Tech, has taken delivery of an Inception Class MKII Unmanned Surface Vessel (USV) with a bespoke cooling system and two additional survey instrumentation pods for harbour survey projects. The first payload pod has been fitted out with an…
26 August 2020
Iberdrola’s largest wind farm comes into operation: East Anglia ONE, in UK waters
The pandemic has not stopped the development of a project that is an example of green recovery opportunities: the park produces clean energy to power the equivalent of 630,000 homes after an investment of £2.5 billion and the generation of 3,500 jobs during its construction. Now, 100 qualified professionals are…
26 August 2020
JDR To Conduct Array Cable Termination And Testing On Moray East Offshore Wind Farm
JDR, the global subsea cable supplier and servicer owned by the TFKable Group, has agreed a contract with Boskalis to provide the termination and testing of 100 array cables and two offshore substation interconnector cables for the Moray East offshore wind farm off the coast of Scotland. This award secures…
26 August 2020
Saipem, protagonist in offshore wind, will develop a wind farm in Italy
Saipem: MoU signed with AGNES and QINT’X to develop one of the first wind farm in the Adriatic Sea Saipem will co-develop a wind farm in the Adriatic Sea off the coast of Ravenna. The company thus confirms its increasingly active presence in the field of initiatives linked to the…
26 August 2020
KrisEnergy hits milestone in Cambodia Block A Apsara oil development as platform sails for field location
KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, is pleased to announce that fabrication of the minimum facilities wellhead platform (“Mini-Platform”) for the Apsara oil development offshore Cambodia Block A is completed and the topsides and jacket are being transported to Cambodian waters in the…
26 August 2020
2020 Offshore Petroleum Exploration Acreage Release
There are 42 release areas available for offshore oil and gas exploration. They are offshore of the Northern Territory, Western Australia, Victoria and the Ashmore and Cartier Islands. Bidding on these areas is open until Tuesday 1 June 2021.More
26 August 2020
GC Rieber Shipping: Sale of vessel
Reference is made to the stock exchange notice 20 August 2020 related to the sale of the IMR vessel Polar King. The vessel has today been delivered to the new owner.
26 August 2020
DeepGreen partners with global research institutions to advance deep-sea science program
The battery metals start-up is investing over U.S. $60 million to accelerate a massive collaborative program to address outstanding questions on the potential environmental impacts of collecting polymetallic nodules from the deep seabed in the Pacific Ocean Top experts from UK National Oceanography Centre, Natural History Museum (London), University of…
26 August 2020
Valaris plc Receives NYSE Notice of Immediate Suspension of Trading and Delisting of Valaris Common Stock
Valaris plc (NYSE: VAL) (“Valaris” or the “Company”) announced today that on August 19, 2020 it was notified by the New York Stock Exchange (“NYSE”) of its determination to indefinitely suspend trading of the Company’s common stock and to commence proceedings to delist the Company’s common stock from the NYSE.…
25 August 2020
Even at $40 WTI, about 150 more North American E&Ps will need Chapter 11 protection by end-2022
The Covid-19 pandemic has added severe financial strain on a North American upstream industry that was already reeling under billions of dollars of debt. With WTI climbing past $40 a barrel, most exploration and production firms (E&Ps) have been able to keep their head above water, but unless prices strengthen…
25 August 2020
Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Company”) Reserves and Contingent Resources Reports for : (i) Anasuria Cluster (ii) Marigold & Sunflower Fields
Anasuria Hibiscus UK Limited (“AHUK”), an indirect wholly-owned subsidiary of Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or the “Company”) has appointed: (i) Gaffney, Cline & Associates Limited (“GaffneyCline”) to undertake an independent audit of the Reserves and Contingent Resources on the Anasuria Cluster (“Anasuria Cluster Report”); and (ii) RPS Energy Consultants…
25 August 2020
Hibiscus Petroleum Accelerates Plans for Acquisition of Good-Value, High-Quality Producing Assets
Hibiscus Petroleum Berhad (HIBI: MK) (“Hibiscus Petroleum”, the “Company” or the “Group”) released a Corporate and Business Update (the “Update”) outlining the Group’s targets and initiatives as well as operational updates in conjunction with the release of its quarterly financial results for the quarter ended 30 June 2020 (“4Q FY2020”).In the Update, the…
25 August 2020
OGA hosts Central North Sea platform electrification talks
The Oil and Gas Authority (OGA) has hosted the first of a series of workshops on offshore power generation integration intended to bring the oil and gas industry and windfarm power industry together to seek practical ways of cutting greenhouse gas emissions. Operators and representatives of the power generation, oil…
25 August 2020
Floatel International Ltd - Second Quarter 2020 Report and Presentation
The Group’s financial situation is unsustainable as liquidity is under pressure; • The Company has stopped interest and amortization payments and discussions with secured creditors are ongoing, however the outcome of these discussions is uncertain. • Forbearance agreement with an ad hoc group of 1st Lien Bondholders has been extended…
25 August 2020
Shearwater GeoServices receives SK Innovation 3D award offshore Vietnam
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce it has received an award for a towed streamer 3D acquisition by SK Innovation Co., Ltd, the operator of Vietnam Block 16-2. “This will be Shearwater’s first seismic survey in Vietnam and our first project for our new client SK Innovation”,…
25 August 2020
Beehive Prospective Resources Upgrade
Melbana, the Company) is pleased to report a modest increase in the Best Estimate Prospective Resource of the Beehive Prospect, located in WA-488-P (Melbana 100%) based on the results of a comprehensive assessment of the Beehive 3D seismic data acquired across the prospect. The 3D seismic data set has strongly…
25 August 2020
Rolls-Royce launches Power Lab to drive future technologies
Power Systems establishes new company division for technology development Emphasis on the decarbonisation of drive, propulsion and energy systems Fuel cell systems have been newly added to the portfolio Rolls-Royce with its Power Systems business has set up a new organisational unit 'Power Lab' to focus on innovative and net…
25 August 2020
Suction pile fabrication on the way for King’s Quay FPS
InterMoor’s facility in Morgan City, Louisiana is currently fabricating 12 suction piles for the King’s Quay project. InterMoor have been contracted by Subsea 7 for the fabrication works which are to be completed April 2021. The project is located in the Gulf of Mexico. The 12 piles will be used…
24 August 2020
TGS Acquires Pioneering New OBN Survey in Atlantic Margin
TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced the successful deployment of a pioneering sparse ocean bottom node (OBN) survey in the Atlantic Margin off the coast of mid Norway. This initial study phase is being conducted primarily to provide proof of concept…