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1 June 2023
CNOOC announced that China's first offshore carbon dioxide storage demonstration project was officially put into operation
China National Offshore Oil Corporation announced that China's first offshore Carbon dioxide storage (CCS) demonstration project officially put into use. The project is a carbon reduction supporting project of the Enping 15-1 oilfield group. The Enping 15-1 oil field is located in the Pearl River Mouth Basin, about 190 kilometers…
31 May 2023
Stena drilling signs a new contract with Shell offshore Inc. for Stena evolution
The operations for Stena Evolution in the United States Gulf of Mexico are due to commence in Q2 2024 for a primary term of 5 years, with an option to extend the contract upon completion of primary term. Stena Drilling are delighted to secure this long-term scope of work with…
31 May 2023
Port of Aberdeen explores subsea hydrogen storage at new South Harbour
Port of Aberdeen, in partnership with Subsea7, has secured a grant of £150,000 from the Scottish Government to investigate the feasibility of storing hydrogen underwater at the new Aberdeen South Harbour. The 'H2Shore - Hydrogen coastal storage and distribution' project will conduct thorough engineering analyses to determine the most effective…
31 May 2023
UK-Based Blue Ocean Seismic Services Completes Breakthrough Trials Of Its Autonomous Subsea Survey Vehicles In Loch Linnhe, Scotland
Blue Ocean Seismic Services, the marine seismic survey disruptor, is pleased to announce that its latest series of trials, held in the Loch Linnhe, Scotland, have confirmed that its autonomous undersea robots can reliably operate, accurately navigate, and record quality seismic data in challenging real-world tidal conditions. The results of…
31 May 2023
Ostwind 2: Cable pull-in on Baltic Eagle platform completed
The grid connection of the offshore wind farm Baltic Eagle to the German extra-high voltage grid is on the home straight. For this purpose, 50Hertz has successfully pulled two 220 kV submarine cable systems into the Baltic Eagle platform, which had previously been laid on the seabed in a safety…
30 May 2023
Allseas awarded T&I work for BalWin1 and BalWin2 offshore grid connection systems
Allseas has secured further transport and installation work for the offshore wind industry – two 2GW converter platforms for the BalWin1 and BalWin2 offshore grid connection systems in the German North Sea. Awarded by Dragados Offshore, the contract is for two complete (jackets and topsides) high voltage direct current (HVDC)…
30 May 2023
Joint Research Agreement Signed for Next-Generation (Floating Axis) Small-scale Offshore Wind Turbine Demonstration Project
The Japanese government has announced the intention to maximize the adoption of renewable energy sources as part of the nation’s commitment to achieving carbon neutrality by 2050. Offshore wind power, in particular, is considered a vital part of the initiative to make renewables a primary source of power due to…
30 May 2023
Shell awards Worley an enterprise framework agreement
Shell Global Solutions International B.V. (Shell) has awarded Worley an enterprise framework agreement (EFA) to provide services to Shell’s projects across the globe. The term of the EFA is three years with options for two one-year extensions. This EFA follows a previous 5-year framework agreement announced on 22 May 2017.…
29 May 2023
LS C&S Executes Submarine Cable Supplier Agreement for the Taiwan Projects with Ørsted
On May 25, 2023, LS C&S signed a submarine cable supplier agreement with Ørsted, the global leader in offshore wind headquartered in Denmark, for Ørsted’s Greater Changhua 2b and 4 offshore wind projects in Taiwan. It will generate the renewable energy from the 920MW projects, located 35 - 60 km…
29 May 2023
The Crown Estate updates developers on plans for Celtic Sea floating wind
The Crown Estate updates developers on plans for Celtic Sea floating wind The Crown Estate has updated developers on the current status of the Celtic Sea floating wind tender round, highlighting work by UK Government to review a number of spatial considerations relating to the potential locations of the proposed…
29 May 2023
Archer Limited: Archer secures five-year Coiled Tubing and Pumping contract in the UK with estimated potential value of up to $50 million
Archer has announced the award of a five-year contract for the provision of Coiled Tubing and Pumping services with Perenco UK Limited in the United Kingdom. The contract contains two options of one year each and commenced May 3, 2023 in direct continuation of our previous contract with Perenco. The…
29 May 2023
Northern Ocean Ltd : Deepsea Bollsta contract extension and Mira operational update
Northern Ocean Ltd has announced an extension of the contract with a subsidiary of Shell Plc for continued work in Namibia using the Deepsea Bollsta. The firm term of the contract is extended from December 2023 for six months into June 2024 and provides an additional option for six months.…
26 May 2023
BW Ideol teams up with Elawan Energy for multi-GW floating offshore wind projects in the Iberian Peninsula
BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further negotiation of the final agreement between the Parties. Elawan Energy is a leading player in…
26 May 2023
Vineyard Wind 1: Sail away of substation and jacket for the first commercial scale offshore wind farm in the US
25th of May 2023 marks a significant date for the Vineyard Wind 1 project, as the offshore substation and jacket foundation left the quay at Bladt Industries’ production site in Southern Denmark heading for its destination 35 miles from mainland Massachusetts. “We are immensely proud to be a part of…
26 May 2023
Awarding the Munin jacket
Aker BP has awarded Heerema Vlissingen a contract for procurement and construction for the Munin jacket in the Yggdrasil area. “This is an important contract for the Yggdrasil development. With this award we have placed all major fixed facilities contracts in the Yggdrasil area, and we are in line with…
26 May 2023
TechnipFMC Awarded Significant iEPCI™ Contract by Shell for the Dover Development
TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Shell plc for its Dover development in the Gulf of Mexico. TechnipFMC will supply the subsea tree systems in addition to the engineering, procurement, construction and installation of the umbilical, riser, and flowline systems. The…
25 May 2023
Offshore wind sector allocates £4 million to UK companies through strategic supply chain funding programme
Fifteen UK businesses have today secured a share of £2 million Innovation Grant funding from the Offshore Wind Growth Partnership (OWGP) – the selected Companies will be supported by OWGP on projects that could improve the reliability of offshore wind and help decarbonise its operations1. In addition, OWGP is launching…
25 May 2023
Ocean Ventus launches an End-to-End solution for floating wind
Ocean Ventus launches complete End-to-End solution for floating wind and explores potential for large-scale production facility in Norway. As the world looks to expand offshore wind capacity to meet ambitious targets, Ocean Ventus AS is launching a new End-to-End solution to deliver cost-competitive power from floating wind. Offshore wind targets…
25 May 2023
Prysmian selected as preferred bidder for EGL2 HVDC cable connection in UK
Prysmian Group, world leader in the energy and telecom cable systems industry, has received the notification from SSEN Transmission and National Grid Electricity Transmission plc, the GB electricity transmission network owners, selecting them as the exclusive preferred bidder for the Eastern Green Link 2 (EGL2) cable connection. Prysmian Group continues…
25 May 2023
Stork Awarded Five-Year Asset Integrity Contract on the United Kingdom Continental Shelf
Fluor Corporation announced that Stork, a Fluor company, has been awarded a five-year contract, plus five one-year extension options with London-based Harbour Energy. The contract extends Stork’s asset integrity services in the North Sea on Harbour Energy’s Armada, Everest, Lomond and Erskine (AELE) hub, and also extends services to Solan,…
24 May 2023
Hartshead UK southern gas basin - operational update & progressions towards development
Hartshead Resources has announced that it is nearing completion of the FDP for the Phase I development of the Anning and Somerville gas fields. The Company expects to have finalised the FDP and be in a position to submit it to the NSTA within the next few weeks. The Phase 1…
24 May 2023
EnQuest Operations update
EnQuest Chief Executive, Amjad Bseisu, commented: "EnQuest has continued to deliver strong operational performance across our operated portfolio during the early part of the year, with production to the end of April above the top end of 2023 guidance. “Production enhancement at Magnus is continuing, following the successful execution of…
24 May 2023
Aquaterra Energy seals multi-million riser deal with BP
Aquaterra Energy, a leader in global offshore engineering solutions, has secured a multi-million subsea riser contract through a competitive tender with BP for a subsea well development project located in Trinidad and Tobago. Aquaterra Energy will provide a complete end-to-end managed service as a fully independent riser system and connector…
24 May 2023
Aibel awarded work at Ivar Aasen
Aibel will carry out modifications to the Ivar Aasen platform for Aker BP in connection with tie-back of the Symra field. The assignment has a value of approximately NOK 700 million. The Symra contract is a call-off in Aibel’s existing frame agreement with Aker BP for maintenance and modifications. The…
24 May 2023
TGS and KONGSBERG to Cooperate for Data-Driven Solutions for Offshore Wind Field Development
TGS and Kongsberg Gruppen (KONGSBERG) have announced a strategic collaboration to jointly develop integrated data and digital solutions for the offshore wind industry. The aim of the partnership is more efficient use of data and digitalization to drive faster scaling of offshore wind. According to forecasts, the offshore wind installed…
23 May 2023
Expro wins work on well abandonment campaign offshore UK
Energy services provider Expro has secured a new contract with Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf. The multi-year contract, valued at more than $20 million, will utilize Expro’s Subsea Well Access technology with a…
23 May 2023
Fugro and Fraunhofer IWES secure survey for BSH’s German EEZ wind farm sites
Germany's Federal Maritime and Hydrographic Agency, the Bundesamt für Seeschifffahrt und Hydrographie (BSH), has awarded Fugro a geophysical survey contract for two offshore wind farm sites in the German exclusive economic zone (EEZ) in the North Sea. Working in collaboration with Fraunhofer Institute for Wind Energy Systems (IWES), Fugro’s Geo-data…
23 May 2023
Equinor put Trollvind on hold
Equinor will postpone a further development of the Trollvind offshore wind initiative indefinitely. This decision is based on several challenges facing the project, including technology availability, rising cost and a strained timetable to deliver on the original concept. The authorities have been informed about the decision. Equinor has previously announced…
23 May 2023
Subsea7 confirms major contract offshore Türkiye
Subsea 7 S.A. confirmed the award of a major1 contract by Turkish Petroleum for the second phase of the Sakarya field development offshore Türkiye in the Black Sea. The award for this two-phase subsea development was announced in redacted form on 12 May 2023. The first phase has been recorded…
22 May 2023
BlueFloat Energy | Renantis Partnership Signs Exclusivity Agreements to Develop Its Sinclair and Scaraben ‘INTOG’ Projects
The BlueFloat Energy and Renantis Partnership has signed exclusivity agreements with Crown Estate Scotland to develop its Sinclair and Scaraben innovation projects following successful bidding in the recent INTOG (Innovation and Targeted Oil & Gas) leasing round, which aims to attract investment in innovative offshore wind projects in Scottish waters,…
22 May 2023
PGS Secures Barents Sea Contract
PGS has executed the final contract* with an independent energy company for a 3D survey in the Barents Sea to be acquired by the Ramform Hyperion. The project is about to start and duration is approximately 40 days. PGS announces contract awards and MultiClient projects as stock exchange releases if…
22 May 2023
INTOG: Exclusivity Agreements signed for five offshore wind projects to support innovation
INTOG (Innovation and Targeted Oil & Gas) leasing aims to attract investment in innovative offshore wind projects in Scottish waters, as well as help decarbonise North Sea operations. The INTOG process allowed developers to apply for seabed rights to develop projects that either reduce emissions from the North Sea oil…
22 May 2023
CNOOC Limited Announces the World’s First Semi-submersible ‘Double Hundred’ Deep-sea Floating Wind Turbine Connected to the Grid
CNOOC Limited announces that the Wenchang deep-sea floating wind demonstration project has been successfully connected to the grid for power generation. The demonstration project is located near the Wenchang oilfields in the western part of the South China Sea, 136 kilometers away from the shore in a water depth of…
19 May 2023
Japanese firms commit record £17.7 billion investment into the UK
Leading Japanese businesses have committed to invest almost £18 billion in businesses and projects across the UK, generating growth in key sectors, creating high-skilled jobs and driving technology innovation.New finance from firms like Marubeni Corporation and Sumitomo Electric Industries set to create high quality jobs in strategic clean-energy industries.Full story…
19 May 2023
South Korea: Corio joins hands with Daewoo E&C in Busan
Global offshore wind developer Corio Generation and Daewoo Engineering and Construction (Daewoo E&C), a leading South Korean engineering and construction company, have announced the signing of a memorandum of understanding (MOU). Through the agreement, signed on 17 May 2023, the two companies intend to develop offshore wind projects in support…
19 May 2023
TechnipFMC Awarded Significant Riserless Light Well Intervention (RLWI) Contract by Equinor
TechnipFMC has been awarded a significant(1) contract by Equinor to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf. The two-year contract runs from 2024 to 2025, with options to extend for each of the three subsequent years. TechnipFMC will provide production enhancement, production data, and pre-plug-and-abandonment…
19 May 2023
Aker Solutions wins umbilicals contract for ExxonMobil's Uaru Project in Guyana
Aker Solutions has been awarded a sizeable [1] contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana. The contract includes delivery of three dynamic and seven static umbilicals totaling over 52 kilometers in length. Project execution, engineering, and manufacturing will take place at…
18 May 2023
TenneT awards transport and installation slots for 2GW offshore platforms to Allseas and Heerema
TenneT has signed multi-year framework agreements with Allseas and Heerema Marine Contractors for transport and installation of at least fourteen 2 gigawatt (2GW) offshore platforms. The fourteen 2GW converter stations will be installed in the Dutch and German parts of the North Sea. The framework agreement covers at least twenty-eight…
18 May 2023
Correll to deliver bespoke turnkey solution for Courseulles-sur-Mer Offshore Wind Farm
The Correll Group is delighted to announce that it has been awarded a contract from Prysmian Group to provide support for the pull-in and installation of two 225 kV HVAC export cables (each about 17.5 km in length), to the offshore substation platform for the Courseulles-sur-Mer offshore wind farm. The…
18 May 2023
Huge net zero boost as 20 carbon storage licences offered for award
The drive to net zero emissions has taken a significant step forward (18 May) with the offer of awards for 20 carbon storage licences at offshore sites, including some near Aberdeen, Teesside, Liverpool and Lincolnshire. The North Sea Transition Authority (NSTA) launched the UK’s first-ever carbon storage licensing round in…
18 May 2023
Saipem: two new offshore contracts awarded for an overall amount of approximately 850 million USD
Saipem has been awarded two new offshore contracts, one for Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea and one for decommissioning activities in the North Sea. The overall value of the contracts amounts to approximately 850 million USD. The first contract has been assigned by Turkish…
17 May 2023
OX2 receives permission to build 400 MW offshore wind power on the west coast of Sweden
The Swedish government announced today that OX2 has received permission to build the northern part of the project Galatea-Galene on the west coast of Sweden, with a potential capacity of 400 MW. The total project Galatea-Galene comprised 1.7 GW. OX2 is Sweden’s leading developer of renewable energy and besides Galatea-Galene…
17 May 2023
QatarEnergy announces the awarding of the EPC contract for the North Field South project
QatarEnergy announces the award of the engineering, procurement, and construction (EPC) contract for the North Field South (NFS) project, which comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA).NFS, together with the North Field East (NFE) project, will increase Qatar’s LNG production capacity…
17 May 2023
Moomba CCS progressing at pace and on track for 2024
Two of the most critical pieces of equipment, worth about AU$30 million, for Santos’ Moomba carbon capture and (CCS) project are making their way to site after arriving in South Australia last week. The imminent arrival in Moomba of the compressor and turbine follows the project recently marking the 60…
17 May 2023
Restart of Baúna production; currently above 32,000 bopd
Karoon advises that production from its 100% owned and operated BM-S-40 production license restarted on 9 May 2023 BRT (Brasilia time)following the completion of maintenance works on Train 1 ofthe two production trains on the FPSO, Cidade de Itajaí. Train 2 production restarted on 11 May 2023 BRT, following a…
16 May 2023
Neptune Energy awards +$100 million contract for drilling activities
Neptune Energy announced the award of a +$100 million contract to Tenaris to provide equipment and services to support drilling activities on the Norwegian Continental Shelf. The contract covers the manufacture, transport, handling and repair of a broad range of casing materials used in offshore drilling activities. Initially this will…
16 May 2023
IberBlue Wind announces second floating offshore wind farm off the coast of Andalusia
The project, called “La Pinta”, will be off the coast of Granada and Almeria, and will have up to 55 turbines with an installed capacity of circa 990MW. The global investment required for the construction and maintenance of the wind farm will exceed €2,500 million and generate over 3,300 jobs.…
16 May 2023
Neptune Energy welcomes official opening of the Njord field
Neptune Energy today welcomes Equinor’s announcement of the official opening of the Njord field in the Norwegian Sea. Following a major upgrade, Njord is now expected to produce oil and gas for another 20 years. Neptune Energy’s Managing Director for Norway and the UK, Odin Estensen, said: “We congratulate Equinor…
16 May 2023
New partnership agreement between Neptune Energy and WFR Oilfield Services
Neptune Energy Netherlands B.V. has entered into a multi-year partnership agreement with WFR Oilfield Services B.V. for the provision of Well Testing Services. The agreement covers a wide range of Well Testing Services. In addition to Surface Well Testing, WFR Oilfield Services will also provide data acquisition services and equipment…
15 May 2023
IOG plc Operational Update
IOG plc provides a further update on drilling and production operations at the Blythe field. · The Blythe H2 well control event encountered from the Hauptdolomit has been successfully isolated without the requirement to sidetrack the well, · The 7" liner was run and cemented to isolate the kick/loss zone.…