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10 July 2020
Aker BP - consent for use of Maersk Invincible on the Hod field
Aker BP have been consent to use the Maersk Invincible mobile drilling facility for drilling of a pilot hole on the Hod field. The main goal for the well is to map the risk of shallow gas / water in the area. The well will be permanently plugged and abandoned after…
10 July 2020
Talos Energy Receives Official Instruction To Unitize The Zama Field Within 120 Working Days
Talos Energy Inc. ("Talos," or the "Company") (NYSE: TALO) today announced that on July 7, 2020, the Company received a notice from Mexico's Ministry of Energy ("SENER") instructing the partners of Block 7 and Petróleos Mexicanos ("Pemex") to unitize the Zama field. Talos is the operator of Block 7 in…
10 July 2020
RWE chooses state-of-the-art electrical transmission system for its 1.4 GW Sofia Offshore Wind Farm
RWE has moved a step closer to the realisation of its 1.4 gigawatt (GW) Sofia Offshore Wind Farm with the selection of the preferred suppliers for the project’s high voltage direct current (HVDC) transmission system. A specially formed consortium of GE Renewable Energy’s Grid Solutions and Sembcorp Marine is set…
10 July 2020
Halliburton And TechnipFMC Launch Joint Subsea Fiber Optic Service
Halliburton Company (NYSE: HAL) and TechnipFMC (NYSE:FTI) today introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge. The Odassea service integrates hardware and digital systems…
10 July 2020
Halliburton And TechnipFMC Launch Joint Subsea Fiber Optic Service
Halliburton Company (NYSE: HAL) and TechnipFMC (NYSE:FTI) today introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge. The Odassea service integrates hardware and digital systems…
10 July 2020
Fugro Ramps Up Site Characterisation Programme For Atlantic Shores Offshore Wind In US
Fugro has mobilised two additional vessels off the coast of New Jersey to support their ongoing site characterisation work for Atlantic Shores Offshore Wind, a joint venture between Shell New Energies US LLC (Shell) and EDF Renewables North America. Atlantic Shores Offshore Wind project Operating in the Atlantic Shores lease…
9 July 2020
PSE Kinsale Energy Confirms Cessation Of Production At Kinsale Area Gas Fields
PETRONAS through its subsidiary, PSE Kinsale Energy Limited today confirms it has ceased its gas production at the Kinsale area gas fields. In April 2018, the Company announced that reserves at the gas fields were depleting and all necessary measures are being undertaken to safely decommission the facilities and with…
9 July 2020
Oceaneering wins connector supply contract for offshore Western Australia project
Oceaneering International, Inc. (Oceaneering) announced that it has won a contract to provide a number of monobore diverless connectors for an offshore Western Australia project. Oceaneering will supply 3-inch M5 connectors, which will be used for Monoethylene Glycol (MEG) and Chemical Inhibitor (CI) service on the field subsea distribution system.…
9 July 2020
DNV GL launch support for new Dynamic Positioning system failure guideline enabling quicker and cost effective implementation
DNV GL’s Noble Denton marine services team has launched new support to help vessel operators to understand and implement new guidelines for identifying all possible consequences and failures of Dynamic Positioning (DP) systems, published by the Oil Companies International Marine Forum (OCIMF). OCIMF, a global voluntary association, providing expertise in…
9 July 2020
The fixed production market – Axiom explores the potential for carbon emission reduction through the electrification of offshore facilities
Axiom EMI: the fixed platform market is forecast to witness c.500 platform installations over the next 5 years, 22% fewer than we expected pre-downturn. In this article, Axiom explores how the electrification of these facilities, and those platforms already in production, can have a meaningful impact on the carbon intensity…
9 July 2020
FPSO Operators could save £15 million per asset on maintenance
Lloyd's Register (LR), the specialist energy consultancy, has today released new findings revealing as much as 40% of maintenance work carried out by Floating Production Storage and Offloading (FPSO) vessel operators is unnecessary. By reducing these unwarranted manhours, operators could save on average almost £600,000 per asset each year, which…
9 July 2020
Stable Platform Agreement approved
Premier is pleased to announce that its creditors have approved the “Stable Platform Agreement”. As a result, the Company’s financial covenants have been waived through to 30 September 2020 whilst discussions continue over the proposed amendments to the Group’s existing credit facilities.
9 July 2020
Aibel awarded Oseberg portfolio agreement
On behalf of the Oseberg partners, Equinor has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026. The aim of the portfolio agreement is to ensure a holistic approach to planning and execution of projects at the Oseberg fields. “There will be an increased level of…
9 July 2020
After a poor 2020, FPSO awards are set to recover to seven vessels next year
Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad Energy believes, as exploration and production firms slash budgets and activity. Similar to the previous downturn, awards are set to…
9 July 2020
Weatherford Signs Four-Year Contract With ENI S.P.A
Weatherford International plc (OTC Pink: WFTLF) announced it has been awarded an exclusive four-year contract with Eni S.p.A. The contract will provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV™) that will be deployed in Eni’s critical wells, improving their operational safety and reservoir performance. “This award is the…
8 July 2020
Ørsted and TSMC sign the world’s largest renewables corporate power purchase agreement
Ørsted and Taiwan-based TSMC have signed a corporate power purchase agreement (CPPA). TSMC will offtake the full production from Ørsted’s 920MW Greater Changhua 2b & 4 offshore wind farm, making it the largest-ever contract of its kind within renewable energy. The 20-year fixed-price contract period starts once Greater Changhua 2b…
8 July 2020
GWEC launches Task Force to drive global growth of floating offshore wind
The Global Wind Energy Council (GWEC) has launched a Floating Offshore Wind Task Force with key global industry players to accelerate the growth of this fast-moving offshore wind sector by developing a common view to address barriers to growth and provide best practices. The Task Force will be Chaired by…
8 July 2020
SEACOR Marine Completes Consolidation of SEACOSCO Joint Venture
SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced that on June 30, 2020, a wholly-owned subsidiary of the Company completed the acquisition of the remaining…
8 July 2020
Petrobras on decommissioning of platforms
Petrobras informs that, after approval by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), the Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA) and the Navy, it started decommissioning the P-12 platform in the Campos Basin. Decommissioning of P-07 and P-15 in the Campos Basin and…
8 July 2020
Maritime partners unveil Autonomous Guard Vessel
A consortium of maritime partners unveiled the concept design of an Autonomous Guard Vessel on Tuesday 7 July. C-Job Naval Architects, in collaboration with LISA Community, Seazip Offshore Service, Sea Machines, MARIN and eL-Tec Elektrotechnologie, created a modern design which will support the offshore industry by exploiting technology available today.…
8 July 2020
Hurricane Energy plc ("Hurricane" or the "Company") Operational and Corporate Update
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an operational and corporate update. Lancaster EPS Quarterly Production Update Since the Company's last update on 8 June 2020, the 205/21a-6 well on the Lancaster field has produced at an…
8 July 2020
Gas and condensate discovery by Kvitebjørn field in the North Sea
Equinor and its licence partners Source Energy AS and Wellesley Petroleum AS have discovered gas and condensate in exploration well 30/2-5 S Atlantis. Based on preliminary estimates the proven reserves are between 3 and 10 million standard cubic metres of recoverable oil equivalent, corresponding to 19-63 million barrels of oil…
8 July 2020
Deepsea Atlantic drilling rig returning to Johan Sverdrup
Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development, following its work on phase 1. The value of the fixed part of the agreement is estimated at around…
7 July 2020
VOS Paradise at work for Weyres Offshore
We are pleased to report that platform-supply vessel (PSV) VOS Paradise has spent the last few weeks on charter to Weyres Offshore Gmbh, a company specialised in the provision of bubble-curtain services. This job was slightly ‘out of the ordinary’ for our vessel and crew, who are more used to…
7 July 2020
Neptune Marine Services Rebranded to "MMA Offshore"
Following the acquisition of the Neptune Marine Services business on 7 November 2019, MMA is excited to announce that effective today Neptune Marine Services has been rebranded to MMA Offshore. The rebrand will enable the combined business to provide a streamlined service moving forward, with the entire group operating under…
7 July 2020
PGS Starts Acquisition on 2020 Hammerfest Basin Extension Survey
Acquisition has begun on PGS’s latest ultra-high-density seismic survey in the Barents Sea. The survey extends Hammerfest Basin coverage further west and north into the southern Loppa High. The first data will be available Q4 2020. The acquisition geometry builds on the innovative configuration previously applied on the PGS18004NBS survey,…
7 July 2020
Saipem awarded a contract for the Búzios pre-salt field in Brazil worth approximately 325 million USD
Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project, in water depths from 1537 to 2190 meters, offshore the state of Rio de Janeiro. The Búzios-5 overall production system foresees the interconnection of 15 wells to…
7 July 2020
Optime delivers two ultra-deep pressure chambers to NUI
As a long leading expert within testing and verification of subsea tools and equipment, NUI makes a new investment in two ultra-deep pressure chambers from Optime Subsea. One 1000 bar named Asterix and one 700 bar named Obelix. The chambers unique design, with supplied test baskets and parking stands, makes…
7 July 2020
TSC Subsea Expanding to Provide ART for Subsea Inspections
ARTEMIS allows offshore operators to cost-effectively extend the lifetime of their subsea infrastructure, while simultaneously improving its technical safety. TSC Subsea, a company based in Milton Keyes, UK, which specialises in solving the most challenging and remotely deployed subsea NDT inspections anywhere in the world, has acquired a new profile…
7 July 2020
Nord Stream 2 AG may use pipe-laying vessels with anchors
The Danish Energy Agency has decided that Nord Stream 2 AG also may use pipelaying vessels with anchors in connection with construction of the Nord Stream 2 pipelines. The Danish Energy Agency has at the request of Nord Stream 2 AG made a decision to change the condition to use…
7 July 2020
Awarding framework contract for engineering and installation services on Statfjord
Equinor has, on behalf of the licence partners, awarded Apply a framework agreement for engineering and installation services on the North Sea Statfjord field. According to the agreement the parties will collaborate in new ways while carrying out the work on Statfjord safely and efficiently. The agreement covers overhaul, replacement…
6 July 2020
Trelleborg Launches Offshore Interactive Environment Online Tool
Trelleborg’s offshore operation understands that customers want a more immersive, interactive experience when looking at solutions for their business, which is why it has developed the Mimir Offshore Interactive Environment, part of Mimir Digital Intelligence, the hub for current and future digital solutions from Trelleborg offshore operation. The unique 3D…
6 July 2020
BAUER Spezialtiefbau GmbH commissioned by Van Oord with bored pile work for the Saint-Brieuc offshore wind farm
The Saint-Brieuc offshore wind farm is the first large-scale offshore wind farm in Brittany and one of the first in France to receive all regulatory approvals for construction and operation. It will be built on an area of 75 km² and will consist of 62 turbines with a capacity of…
6 July 2020
Hydrographic Survey Vessel "Geo Ranger" Delivered To Geo Plus B.V.
After 14 months of constructing, installing, commissioning and testing, Royal Niestern Sander has delivered the hydrographic survey vessel ‘Geo Ranger’ to Geo Plus B.V. Last week, the hydrographic survey vessel Geo Ranger performed successfully her sea trials on the river Ems. In presence of the client Geo Plus, surveyors of…
6 July 2020
Acquisition of Leenaars Marine & Offshore Design (LMO)
Leenaars Marine & Offshore Design (LMO) has a portfolio of approx. 600 designs including next generation vessels, offshore platforms and equipment which are creative, innovative and cost-effective solutions for new and existing markets, all based on reducing the environmental footprint and bringing green solutions to the maritime and offshore industry.…
6 July 2020
Recommended Cash Offer for RockRose Energy plc by Viaro Energy limited a wholly-owned subsidiary of Viaro Investment Limited to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006
Summary · The boards of directors of Viaro Energy and RockRose are pleased to announce that they have reached agreement on the terms of a recommended all cash offer pursuant to which Viaro Energy will acquire the entire issued and to be issued ordinary share capital of RockRose (the "Acquisition").…
6 July 2020
COSL signs rig letter of intent for COSLInnovator
After being kept ready for operations over a longer period, COSL Drilling Europe has signed a letter of intent for the use of COSLInnovator on the Norwegian Continental Shelf starting early next year. COSL Drilling Europe is now rewarded for investing in keeping the COSLInnovator in operational condition («ready to…
6 July 2020
Dry well near the Johan Castberg field in the Barents Sea – 7321/8-2 S
Spirit Energy Norway AS, operator of production licence 719, has concluded the drilling of wildcat well 7321/8-2 S. The well was drilled about 110 kilometres north of the Johan Castberg field and about 310 kilometres north of Hammerfest. The primary exploration target for the well was to prove petroleum in…
6 July 2020
Neptune Energy confirms hydrocarbon discovery at Dugong
Neptune Energy and its partners today announced the discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea. Upon entering the reservoir, logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring. The operations in the reservoir section…
3 July 2020
Lowest of the century! Half-year discoveries total 4.9 billion boe, hit by travel bans and budget cuts
Global discoveries of conventional resource volumes reached just 4.9 billion barrels of oil equivalent (boe) in the first half of 2020, Rystad Energy estimates, the weakest-performing first half of the 21st century. The resource volumes were 42% lower and the number of discoveries was down by 31% compared to the…
3 July 2020
RWE closes deal with E.ON
innogy’s renewables and gas storage businesses as well as stake in KELAG integrated into new RWE – 2,700 employees switch to RWE Group New RWE enlarges global footprint – sites on 4 continents and in 40 countries "This is the day we have been working towards for two years. The…
3 July 2020
North Sea Exploration Performance
Sustaining production from existing infrastructure remains the key driver for North Sea exploration but five years of drilling has only replaced 15% of production. There is ongoing appetite for high impact drilling, despite a success rate of only 12% for this type of exploration in the period. Between 2015 and…
3 July 2020
Fugro's Subsea Engineering Solutions Key To Ireland's Corrib Gas Field Integrity
Fugro has used the survey vessel Edda Sun to deliver an inspection, repair and maintenance (IRM) project for Corrib, Ireland’s biggest natural gas field, on behalf of Vermilion Exploration and Production Ireland Limited (Vermilion). The project included deepwater pipeline surveys, inspection of subsea structures, and maintenance tasks using Fugro’s FCV3000…
3 July 2020
ConocoPhillips – consent for exploration drilling in the Norwegian Sea
Petroleum Safety Authority Norway have given ConocoPhillips consent for exploration drilling in block 6507/4 in the Norwegian Sea. The operator is ConocoPhillips. The well name is called 6507/4-1 with a prospect name of Warka in production licence 1009. At a water depth of 400 meters for a duration of 87 days…
3 July 2020
Wellesley – consent for exploration drilling in the Norwegian Sea
Petroleum Safety Authority Norway have given Wellesley consent for exploration drilling in block 6204/11 in the Norwegian Sea. The well name is 6204/11-3 with a prospect name of Schweinsteiger in production licence 829. At a water depth of 211 metres for 37 days using the Borgland dolphin facility.
3 July 2020
Equinor – consent for exploration drilling in the North Sea
Petroleum Safety Authority Norway have given Equinor consent for exploration drilling in block 34/7 in the North Sea. The operator is Equinor Energy AS. The well is called 34/7-37 with a prospect name of 7-Fjell in production licence 89. At a water depth of 142 meters.
3 July 2020
Repsol – Blane – follow-up of operations and life extension
Petroleum Safety Authority Norway have carried out an audit of Repsol Norge (Repsol) and their follow-up of operations and life extension for the Blane field
2 July 2020
TGS and PGS Release Final Data for Torngat 3D Offshore Labrador
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced, in partnership with PGS, the release of final Torngat 3D seismic data results offshore Labrador. The Torngat survey, which covers approximately 3,300 square kilometers and encompasses sections of the open acreage included in the…
2 July 2020
Development Consent awarded for Norfolk Vanguard Offshore Wind Farm
The Secretary of State for Business, Energy, and Industrial Strategy awarded development consent for Vattenfall's application to build Norfolk Vanguard Offshore Wind Farm. Commenting on the decision by the Planning Inspectorate to award planning consent for Norfolk Vanguard Offshore Wind Farm, Gunnar Groebler, Senior Vice President for Vattenfall’s wind business,…
2 July 2020
UK authorities approve Perenco's decommissioning plan for four Amethyst topsides
Perenco's decommissioning plan for four Amethyst topsides have been approved by the UK authorities. More