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29 May 2020
MMA Offshore Awarded Support Contract With Upstream Production Solutions
MMA Offshore is pleased to announce that we have recently been awarded a support contract with Upstream Production Solutions for our MPSV, the Mermaid Searcher. Upstream PS have been engaged by the Australian Government Department of Industry, Science, Energy and Resources to provide operations and maintenance services for the Northern…
29 May 2020
Consent for Aker BP to use Maersk Invincible
Petroleum Safety Authority Norway have given Aker BP consent to use the Maersk Invincible mobile facility for plugging and removal work at Valhall DP (drilling platform). Production from Valhall DP is to be shut down over the next few years. As of today, one well is in production. This consent…
29 May 2020
Subsea 7 announces cost reduction measures
Subsea 7 issued further details of the cost reduction programme, following initial guidance provided on 30 April. It is envisaged that the overall reduction in headcount would be approximately 3,000 from the global workforce of 12,000, by the end of the second quarter 2021. It is anticipated that two-thirds of…
28 May 2020
Unmatched in the U.S.: Siemens Gamesa SG 14-222 DD offshore wind turbines to power 2.6-GW Dominion Energy project
nstallations of SG 14-222 Direct Drive offshore wind turbines at 2.6-GW Dominion Energy project expected to be completed by end of 2026 SG 14-222 DD offshore wind turbine features nameplate capacity of 14 MW; can reach 15 MW with Power Boost With this announcement, the total conditional order backlog for…
28 May 2020
Plans approved for removal of floaters from North Sea fields
The UK authorities have approved the plan for the removal of the Petrojarl Banff FPSO and Apollo Spirit FSO from Canadian Natural Resources’ Banff and Kyle fields in the UK sector of the Central North Sea. More
28 May 2020
PGS Completes East Shetlands Basin Survey
The acquisition of the East Shetland Basin 2020 survey has completed successfully and the first results will be available in August. The Ramform Tethys is now heading north to the Barents Sea. PGS and the survey prefunder are very pleased with the performance on the East Shetlands Basin project. Despite…
28 May 2020
Study identifies new oil presence offshore East Canada
Applied Petroleum Technology (APT) has conducted a detailed evaluation of the Southern Grand Banks petroleum system offshore Canada and identified until now unrecognised Lower Jurassic source rocks and a genetically related set of oil shows. APT has sampled and analysed drill cuttings from 13 key wells from the Southern Grand…
28 May 2020
Santos completes ConocoPhillips northern Australia acquisition
Santos is pleased to announce it has completed the acquisition of ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced purchase price of US$1.265 billion plus an increased contingent payment of US$200 million subject to a final investment decision (FID) on Barossa. Due to recent market volatility and the deferral…
28 May 2020
Tullow Oil plc (Tullow) announces that CNOOC Uganda Limited (CNOOC) has informed both Tullow and Total that it will not pre-empt the sale of Tullow’s assets in Uganda to Total
On 23 April 2020, Tullow announced that it had agreed the sale of its assets in Uganda to Total and that CNOOC had rights of pre-emption to acquire 50% of these assets on the same terms and conditions as Total. CNOOC has now informed Tullow and Total that it has…
28 May 2020
Drilling permit for well 6506/11-12 S in production licence 644
The Norwegian Petroleum Directorate has granted OMV Norge AS a drilling permit for well 6506/11-12 S, cf. Section 15 of the Resource Management Regulations. Well 6506/11-12 S will be drilled from the Island Innovator drilling facility in position 65°08'48.29"N and 06°20'32.24"E. The drilling programme for well 6506/11-12 S relates to…
28 May 2020
Petrofac begins North Sea well decommissioning contract on lump sum turnkey basis
Petrofac’s Engineering & Production Services business (EPS) has begun activity on its previously awarded well decommissioning contract for the Rubie and Renee fields. Over the next three months, Petrofac will provide Well Operator, Well Engineering and Project Management services to decommission four wells within the Rubie and Renee fields, 200km…
27 May 2020
Tekmar Group strengthens its presence in the US offshore wind sector with multiple group companies working on CVOW.
Tekmar Group is pleased to announce the involvement of its operating companies; Ryder Geotechnical, Agiletek Engineering, Tekmar Energy, and Pipeshield International in the Coastal Virginia Offshore Wind Project (CVOW) on the East Coast of the US. The 12 MW CVOW project is the first offshore wind project in US federal…
27 May 2020
Fugro IOVTEC secures third geotechnical contract for Hai Long Offshore Wind Farm
Following two successful geotechnical data acquisition awards in the Taiwan offshore wind farm sector in 2020, Fugro IOVTEC Co. Ltd (Fugro IOVTEC) has secured their third offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The project will follow Fugro’s…
27 May 2020
MAN Compressor Technology to Support Major Dutch Carbon-Capture Project
MAN Energy Solutions’ compression technology expertise bound for carbon capture, utilization and storage (CCUS) project in the Netherlands MAN Energy Solutions in Berlin has been awarded a contract for the engineering of three RG compressor trains for a carbon capture, utilization and storage project in the Netherlands. The Port of…
27 May 2020
TGS Commences Acquisition of its Atlantic Margin 20 3D Survey
Further to the announcement on April 2, 2020 that the company would undertake a new Atlantic Margin seismic survey, TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced today that it has commenced acquisition of its Atlantic Margin 20 (AM20) 3D multi-client seismic project…
27 May 2020
Lukoil Installs Accommodation Platform Jacket at V.I. Grayfer Field
LUKOIL completed installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels. The facility was brought to the offshore installation site via the Volga-Caspian Shipping Canal. After the floatover and grounding, the substructures…
27 May 2020
Coro Energy plc ("Coro" or the "Company") Mako Resource Audit confirms Significant Upgrade
Further to the announcement made on 14 April 2020, Coro Energy plc, the Southeast Asian focused upstream oil and gas company, is pleased to announce the results of an independent resource audit of the Mako gas field, which forms part of Duyung PSC in the West Natuna basin, offshore Indonesia…
27 May 2020
Neptune Energy Announces Q1 2020 Results
Neptune Energy today announced its financial results for the three months ended 31 March 2020. Strong operational performance, with production for the period above full year guidance • Strong operational performance with limited disruption from COVID-19 on operations • Production averaged 162.1 kboepd for the first quarter with high production…
27 May 2020
Hurricane Energy plc ("Hurricane" or the "Company") Operational Update: Greater Warwick Area
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an update in relation to planned ac#vi#es on the Lincoln subarea of Licence P1368, part of the Greater Warwick Area("GWA"). In light of the COVID-19 pandemic, Hurricane has requested extensions…
27 May 2020
Saipem: signed with Equinor a frame agreement for engineering services
Saipem has signed a two-year frame agreement with Equinor covering engineering services worldwide. The Frame Agreement encompasses feasibility and conceptual studies, FEED, detailed engineering and related follow-on and support for R&D activities, as well as assistance to Equinor for its upcoming projects, including new energy-related projects in the onshore, offshore…
26 May 2020
Aker Solutions Starts CCS Test Program at Preem Refinery in Sweden
Aker Solutions today started operating its mobile test facility for carbon capture at Preem's refinery in Lysekil, Sweden. The test unit is part of the 'Preem CCS' pilot project which will analyze the whole value chain from capture to storage of carbon dioxide (CO2). The project aims to enable more…
26 May 2020
Towering in Taiwan: new Siemens Gamesa SG 14-222 DD offshore wind turbines planned for 300 MW Hai Long 2 offshore wind project
New SG 14-222 DD offshore wind turbine is intended to be used for the 300 MW Hai Long 2 project Further discussions ongoing regarding deploying the turbine for the rest of the 1,044 MW Hai Long pipeline Siemens Gamesa’s manufacturing footprint in Taiwan will drive the introduction of the turbine…
26 May 2020
Approval of 560 MW offshore wind
On Friday, European Energy A/S received the approval of its environmental impact assessments (EIA) for two of its offshore wind projects, Omø South and Jammerland Bay in Denmark. The projects have a total capacity of 560 MW and will contribute to Denmark’s green energy transition. European Energy started developing the…
26 May 2020
Taqa Eider decommissioning plans approved
The UK Government has approved Taqa’s plans to decommission the topsides of the Eider platform.Taqa plan to remove the 11,600 tonne topsides in the period of 2022 to 2028, using a crane lifting vessels before returning them to shore for either reuse, recycling or disposal. More
26 May 2020
BW Offshore: First Quarter Results 2020
Highlights Protecting people, operations and partners are the main priority amid COVID-19 pandemic Solid EBITDA of USD 129.9 million and operating cashflow USD 106.3 million for the quarter from FPSOs Five-year contract for BW Pioneer and extensions for FPSO Polvo and BW Cidade de São Vicente Completed BW Energy IPO…
26 May 2020
Subsea Innovation seals multiple contracts for Pipe-in-Pipe Waterstops.
Subsea Innovation Limited, a Tekmar Group company, is pleased to announce multiple awards across the offshore oil and gas sector to supply Pipe-In-Pipe Waterstop SISeals®. Over the past 6 months, Subsea Innovation, a global leader in the design and build of bespoke equipment for the offshore energy sector, has secured…
26 May 2020
Announcement of Notification for Bidding Blocks Offshore China of 2020
According to the relevant provisions of the Regulations of the People's Republic of China on the Exploitation of Offshore Petroleum Resources in Cooperation with Foreign Enterprises, China National Offshore Oil Corporation (CNOOC) issued the following Announcement of Notification for Bidding Blocks Offshore China of 2020: In 2020, fifteen (15) Offshore…
26 May 2020
Agreement for the Sale of Rights to Royalties from Leases I/17 “Karish” and I/16 “Tanin”
Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that today, May 25, 2020, it signed together with Delek Energy Systems Ltd (“Delek Energy”) (Delek Energy jointly with the Company: “the Sellers”) an agreement with a third party (“the Purchaser”) for the sale of the rights of the Company…
25 May 2020
ConocoPhillips – Consent to use Rowan Norway for plugging and abandonment of wells at Ekofisk
Petroleum Safety Authority have given ConocoPhillips Skandinavia AS (ConocoPhillips) consent to use the Rowan Norway mobile facility on the Ekofisk field.The consent applies to the plugging and abandonment of six wells and the removal of conductor casings for five wells that have already been plugged and abandoned at Ekofisk.
25 May 2020
Global oil & gas decommissioning costs to total $42 billion through 2024, dominated by UK North Sea
Energy companies have been slashing exploration and production budgets since the Covid-19 pandemic took hold and sent oil prices tumbling, but, with few profitable investment alternatives, operators are now likely to increase spending in decommissioning work. Rystad Energy estimates the total value of the global pool of decommissioning projects that…
25 May 2020
CNOOC Limited Announces Penglai 19-3 Oilfield Area 4 adjustment/Penglai 19-9 Oilfield Phase II Project Commences Production
CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced that Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project has commenced production. The Penglai 19-3/19-9 oilfields are located in Bohai with an average water depth of approximately 28 meters. A new wellhead platform has been built,…
25 May 2020
Sole Gas Project update
• Commissioning of Orbost Gas Processing Plant resumed by APA following shutdown • Sole supplying gas into Eastern Gas Pipeline • Stable production at 28 TJ/day after 36 hours operation; to be increased as commissioning proceeds Cooper Energy (ASX: COE) provides the following update to its previous advice of 8…
25 May 2020
NTPC in pact with ONGC to set up Joint Venture Company for Renewable Energy Business
NTPC Ltd. and Oil and Natural Gas Corporation Limited (ONGC) have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business. The MoU will enable both companies to accelerate their footprint in Renewable Energy. The MoU was signed by Shri A K Gupta,…
25 May 2020
Petrobras on production at Parque das Baleias
Petróleo Brasileiro S.A. - Petrobras informs that the Parque das Baleias Area reached today the mark of 1 billion barrels of oil produced. The Parque das Baleias Area is formed by the fields of Jubarte, Baleia Anã, Cachalote, Caxaréu and Pirambú. The first field, of Jubarte, was discovered in 2001.…
25 May 2020
PGS Releases New Multi-Azimuth GeoStreamer 3D for Côte d’Ivoire
This new 900 sq. km multi-azimuth broadband seismic survey from PGS provides increased resolution and sharper imaging of prolific Upper Cretaceous plays in Côte d'Ivoire block CI-706. Recently completed final depth processing has improved illumination of the block, adding a second azimuth to existing GeoStreamer data. The latest north-south acquisition,…
25 May 2020
Eni: the High Court of Justice rejects its jurisdiction in Opl245
Eni is pleased to note that the High Court of Justice in London rejected its jurisdiction on Opl245 matters, dismissing the lawsuit filed by the Federal Government of Nigeria. Opl 245 therefore remains under jurisdiction of the Italian Court only, where the judgement is pending. Eni reminds that in October…
22 May 2020
Rovco Purchases Seaeye Leopard Work-Class ROV, Expanding their Service Offering to Customers
Rovco has announced it has recently purchased the Saab Seaeye Leopard. As one of the offshore energy's leading providers of ROV and hydrographic services, coupled with artificial intelligence-based technol, this investment adds to the growing fleet of ROVs, expanding our subsea capability and capacity much further. The purchase of Seaeye…
22 May 2020
MDL completes double transpooling in Norway
MDL has carried out transpooling of 64km of MEG coiled tubing for two subsea contractors: Ocean Installer and DeepOcean, kick-starting cost efficiencies ahead of their respective offshore missions. The operation consisted of transpooling MEG injection lines from 28 Tenaris transportation reels onto 7 Client-supplied offshore installation reels for two separate…
22 May 2020
Vineyard Wind Announces Partnership With Geoquip Marine; First Vessel Geoquip Saentis Sets Sail Today From New Bedford
Vineyard Wind announced that the company has once again partnered with Geoquip Marine to begin geotechnical surveys of the 501 North Federal Lease Area. The site will be the eventual location of Vineyard Wind 1, an 804 megawatt (MW) project that will power roughly 400,000 homes in Massachusetts. Geoquip’s first…
22 May 2020
Neodrill’s CAN-ductor proves its green credentials again: Environmental impact of top hole activity reduced by 31% on Repsol’s Kathryn well
Life Cycle Assessment (LCA) shows the CAN-ductor lowers environmental impact by 31% on top hole activity compared to conventional methods Decreased rig time and required materials were cited as main drivers of the strong results Kathryn well was the first installation of the CAN technology in sandy seabed conditions Neodrill,…
22 May 2020
Lebanon Confirms Second Licensing Round Applications Submission Date
Monday 1 June 2020 is the new deadline to submit the licensing round applications for the Lebanon Second Offshore Licensing Round. Adapting to current circumstances, electronic applications will be accepted. The deadline for the submission of the Licensing Round Applications was initially set to 31 January 2020. The deadline was…
22 May 2020
Neptune Energy completes Petrel seismic survey offshore Australia
Neptune Energy announced the successful acquisition of the 3D broadband seismic survey of the extensive Petrel field located in the Bonaparte basin of Australia. The 2,900 km2 survey significantly expanded the area of seismic data Neptune holds and increased the quality and breadth of data. Initial findings from the survey…
22 May 2020
Archer Limited : Archer secures multi-well P&A contract for modular rig Archer Topaz in the UKCS
Archer announces its formal contract award for provision of modular drilling unit and associated services by TAQA. “We are delighted with the award of this contract which secures the rig work until late 2023.” said Dag Skindlo, Chief Executive Officer of Archer. Archer’s rig has been contracted by TAQA to…
22 May 2020
Hurricane Energy plc ("Hurricane" or the "Company”) Operational Update: Lancaster EPS
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an operational update in relation to the forward production and testing programme at the Lancaster Early Production System (“Lancaster EPS”). As previously announced, and as detailed at the Company’s Capital…
21 May 2020
Prysmian finalises the agreement with Vattenfall for the first subsidy - free offshore wind project
Prysmian Group, world leader in the energy and telecom cable systems industry, has finalised a contract for a project awarded by Vattenfall, a leading European energy company, to provide the submarine inter array cable systems for the Hollandse Kust Zuid III and IV offshore wind farm in The Netherlands, following…
21 May 2020
Connecting The Nation With Newcastle's Own Multi-Million-Pound Plough
North Shields based manufacturer, Soil Machine Dynamics Ltd (SMD) recently handed over a purpose built pre lay plough to marine service providers Boskalis, for use at Ørsted’s offshore wind farm Hornsea Two. The multi-functional pre lay plough will be used by Ørsted contractor, Boskalis to install 380km of export cables…
21 May 2020
TGS Announces Delivery of Updated Facies Map Browser in North West Europe
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced it has significantly expanded and enhanced its Facies Map Browser (FMB) covering North West Europe and Barents Sea. Version 4.5.0 was delivered on 31 March 2020 to existing clients and is available to new…
21 May 2020
New online tool promotes collaborative approach to problem-solving
OGUK, the leading representative body for the UK offshore oil and gas industry, has launched a new online knowledge-sharing network aimed at encouraging companies to work collaboratively to share problems and source solutions to their efficiency challenges. Users can access the Problem-Solving Network via OGUK’s Efficiency Hub, where they can…
21 May 2020
NOCs to slash over a quarter of exploration budgets on average in 2020
National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie. The analysis is based on announcements and tracking well plans of 11 top spending NOC explorers, including three Chinese NOCs, PTTEP, PETRONAS, ONGC, Qatar Petroleum, Rosneft, Gazprom, Petrobras…
21 May 2020
Maersk Supply Service awarded subsea removal for Dunlin Alpha platform
Maersk Supply Service has been awarded a contract for the removal of the Dunlin Alpha platform’s subsea conductors and guide frames, by Fairfield Betula Limited. Maersk Supply Service will remove four 30” jacket-mounted drilling conductors and two associated conductor guide frames using an I-class vessel. With outstanding power management capabilities…