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15 May 2023
Vårgrønn and European Energy to partner on developing offshore wind projects in the Baltic Sea
Renewable energy developer European Energy and offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, today announce a long-term strategic partnership to jointly pursue offshore wind opportunities in the Baltic Sea within Lithuania, Estonia and Latvia. The Baltic states have significant offshore wind potential, with a total…
15 May 2023
TotalEnergies increases its presence and signs Production Sharing Contracts for shallow offshore Blocks 6 and 8
TotalEnergies and its partners, have signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname. Blocks 6 and 8 were awarded to TotalEnergies in the Suriname Shallow Offshore Bid Round 2020/2021. TotalEnergies will operate the two blocks with a…
15 May 2023
Interventek set to deliver the industry’s first 20,000psi open-water well intervention valves, in a major deal with Trendsetter.
Aberdeen-based, subsea intervention technology specialist, Interventek has agreed a deal to supply a complete set of fully qualified 20,000psi open-water well intervention shear and seal valves to Trendsetter Engineering, Inc based in Houston. The agreement allows Trendsetter exclusive global rights to deploy the 20K, 5-1/8” open-water valves for the next…
12 May 2023
Shared floating wind and wave projects offer 12% combined LCOE reduction to UK
Sharing infrastructure, services and supply chain between wind and wave energy projects can reduce the wind Levelised Cost of Energy (LCOE) by up to 7% and the wave LCOE can decrease by up to 40%. The combined LCOE of a shared project can be up to 12% lower than separate…
12 May 2023
EDF Renewables and Fred. Olsen Seawind welcome Codling Wind Park’s success in Ireland’s first offshore wind energy auction
Codling Wind Park confirms it has been successful in Ireland’s first ever offshore wind energy auction. The auction result is provisional and subject to a verification process. Final results will be published on the 14th of June 2023. Codling Wind Park is a 50:50 joint venture between EDF Renewables and…
12 May 2023
22 major energy security projects with 1.5bn barrels in the pipeline
Major North Sea energy operators have met to discuss future opportunities and get clear messages on energy security, driving down emissions, and the importance of accelerating the transition at an annual meeting organised by the North Sea Transition Authority (NSTA). Seven projects capable of producing almost 100 million barrels and…
12 May 2023
Iberdrola have installed first offshore wind turbine at Saint-Brieuc project
The installation of the first of 62 wind turbines equipping the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy, contractor of Iberdrola. This operation was carried out from the jack-up vessel Brave Tern of the Norwegian company Fred Olsen windcarrier. The first wind turbine of…
11 May 2023
Equinor awards two major contracts for the BM-C-33 project in Brazil
Equinor has, on behalf of the BM-C-33 license with partners Repsol Sinopec Brasil and Petrobras, awarded a contract for subsea umbilicals, risers and flowlines (SURF) to TechnipFMC, and a sales and purchase agreement (SPA) for the delivery of a floating production, storage and offloading (FPSO) unit to MODEC Inc. “We…
11 May 2023
Shearwater awarded two 4D surveys over important gas fields, west of Shetland.
Shearwater has been awarded two 4D surveys by TotalEnergies over the Laggan, Tormore, and Edradour fields with an option to extend to the Glenlivet field. The surveys will commence in May 2023, with a duration of approximately two months and be conducted by the IsoMetrix equipped, Amazon Conqueror. “We welcome…
11 May 2023
TIGER project is driving growth of tidal energy in UK and France
The Tidal Stream Industry Energiser Project (TIGER) that launched in 2019 to drive tidal energy growth in the UK and France, has successfully demonstrated the significant value tidal stream energy can bring to the future energy mix, economies and supply chains in both the UK and France. TIGER is the…
11 May 2023
Carbon Storage Acquisition Contract
PGS has entered into a seismic acquisition contract* for carbon storage offshore Norway by an independent energy company. The project is scheduled to start in September and has a duration of approximately one month. “In 2022 we established a strong position in the carbon storage geo-services market, and successfully completed…
10 May 2023
50Hertz and Estonian transmission system operator Elering to build submarine cable between Estonia and Germany
Germany and the three Baltic countries Estonia, Latvia and Lithuania want to strengthen their energy sovereignty and cooperate more closely. While attending the Baltic Offshore Wind Forum at the German Federal Foreign Ministry in Berlin, the German Transmission System Operator (TSO) 50Hertz and its counterparts from Estonia, Latvia and Lithuania…
10 May 2023
EnQuest : Malaysia Update
EnQuest Petroleum Production Malaysia Ltd has announced that it has, on behalf of the PM8 (Extension) Production Sharing Contract (“PM8E PSC”) parties, signed a letter of agreement (“agreement”) with Petroliam Nasional Berhad (“PETRONAS”), to produce associated gas from Seligi field belonging to PETRONAS for sales through the existing PM8E PSC…
10 May 2023
U.S. Offshore Wind Market Expands Rapidly with 51,377 MW Projected Capacity
The American Clean Power Association (ACP) released a comprehensive report on the U.S. offshore wind market, revealing a rapidly growing pipeline of projects across 32 leases totaling 51,377 MW of expected capacity – enough electricity to power the equivalent of more than 20 million homes.
10 May 2023
Start-up of FPSO Anna Nery
Petrobras informs that the FPSO Anna Nery started production on May 07, 2023, in Campos Basin, within the project of revitalization of the Marlim and Voador fields, which will produce the post-salt reservoirs and Brava, located in the pre-salt of the two fields. The unit is capable of producing daily…
9 May 2023
Equinor and partners announce final investment decision for BM-C-33, in Brazil
Equinor (operator), Repsol Sinopec Brasil and Petrobras have taken the investment decision to develop the BM-C-33 project in Brazil. The investment is of approximately USD 9 billion. Located in the Campos Basin, BM-C-33 comprises three different pre-salt discoveries – Pão de Açúcar, Gávea and Seat – containing natural gas and…
9 May 2023
Seatrium Secures Two Offshore Substation Platform Projects from Empire Wind
Seatrium Limited through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind LLC, a joint venture between Equinor and bp. This contract award follows the successful completion of the FEED…
9 May 2023
MODEC’s Uaru FPSO Project for offshore Guyana proceeds to EPCI Phase
MODEC, Inc. has announced that it will proceed with engineering, procurement, and construction on the Uaru Floating Production, Storage, and Offloading (FPSO) vessel following a final investment decision on the Uaru project by ExxonMobil Guyana and its co-venturers on April 27, 2023. Uaru is a significant addition to MODEC’s portfolio, and…
9 May 2023
Worley awarded engineering and design services contract for a development in the Gulf of Mexico, USA
Worley has been selected by Shell Offshore, Inc. (Shell) to provide services for Sparta, a floating development in the Gulf of Mexico, USA, approximately 170 miles off the Louisiana coast. The development is owned by Shell (51%) and Equinor (49%) which are progressing the project toward a final investment decision…
5 May 2023
Dajin Offshore to supply foundations for Nordseecluster
RWE (51%) and Northland Power (49%) are taking the next step in the development of their Nordseecluster. The companies have selected Dajin Offshore as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. The company will supply…
5 May 2023
Newly developed monitoring technology proves its worth for Project Greensand in the North Sea
Frequent seismic monitoring is essential for the safe and permanent storage of CO2. Therefore, there is great joy among the consortium partners behind Project Greensand after it becomes clear that the seismic monitoring technology developed specifically for the project is proving successful.The new technology ensures more frequent control of the…
5 May 2023
Saipem: authorization to proceed with final phase of UARU project in Guyana
Following the press release of 15 December 2022, Saipem informs that it has received from ExxonMobil Guyana and its Stabroek block coventurers the authorization to proceed with the final phase of the UARU oil field development project in Guyana. In 2022, pending regulatory approvals, Saipem was awarded a large contract…
5 May 2023
Saipem: new milestone achieved in offshore wind
Saipem has achieved a new milestone in offshore wind with the completion of its first installation campaign for the Dogger Bank Wind Farm development. Located over 130 km off the North East coast of England, Dogger Bank Wind Farm will be, at the time of completion, the world’s largest offshore…
4 May 2023
ODL – additional work added to Deepsea Aberdeen and Deepsea Stavanger Equinor Contracts
Equinor has added additional firm scope for the Deepsea Aberdeen as provided for in the contract entered into by the parties in November 2020. The new wells, which shall be drilled on the Svalin field starting in Q4 2023 have an estimated duration of 174 days, extending the Deepsea Aberdeen’s…
4 May 2023
Aker Solutions awarded additional Moho infill wells by TotalEnergies
Aker Solutions has been awarded a sizeable1 contract by TotalEnergies to provide its deepwater standard Subsea Production Systems for three additional infill wells tied-back to the Moho Nord field in the Republic of the Congo. Aker Solutions will deliver its standard and configurable deepwater subsea production systems (SPS), including subsea…
4 May 2023
Expanding CCS capabilities in Malaysia
Worley are providing detailed engineering design services for the Kasawari carbon capture and storage (CCS) project in Malaysia. The Kasawari development, set to be one of the world’s largest offshore CCS projects, aims to capture over 3 million tons of carbon dioxide (CO2) per annum. Under the contract, awarded by…
4 May 2023
Cerulean Winds kick starts route to net zero oil and gas production
Cerulean Winds has revealed plans to build the North Sea Renewables Grid (NSRG), an offshore integrated green power and transmission system, powered by floating wind, that oil and gas platforms will plug into for clean power. Cerulean and partner Frontier Power International will develop three 333km2 sites of hundreds of…
3 May 2023
TechnipFMC Awarded Large Subsea Contract for ExxonMobil Guyana’s Uaru Project
TechnipFMC (NYSE: FTI) has been awarded a large1 contract by ExxonMobil Corporation (NYSE: XOM) affiliate, Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Uaru project. TechnipFMC will provide project management, engineering, and manufacturing to deliver the overall subsea production system. The award covers 44…
3 May 2023
Subsea Integration Alliance awarded contract offshore Egypt
Subsea 7 S.A. announced the award of a substantial contract to Subsea Integration Alliance1 by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt. The contract scope is for a two-well tie-back in the West Nile Delta block and includes the engineering, procurement, transport and…
3 May 2023
MOUs executed for potential CO2 supply to underpin Santos’ Bayu-Undan CCS project
Santos announces it has signed four Memoranda of Understanding (MOU) for the proposed storage of carbon dioxide (CO2) emissions from third parties to underpin the initial development of the Bayu-Undan carbon capture and storage (CCS) project, where front end engineering design work is nearing completion. The four non-binding MOUs for…
3 May 2023
Longboat Energy plc Transformational Investment to Create a Norwegian Joint Venture with JAPEX
Longboat Energy, the emerging full-cycle E&P company, has announced that it has reached agreement with Japan Petroleum Exploration Co., Ltd ("JAPEX") to make a significant investment into its Norwegian subsidiary, Longboat Energy Norge AS ("Longboat Norge"), to form a joint venture. The joint venture will be renamed Longboat JAPEX Norge…
2 May 2023
Havila Shipping ASA: Contract extension for the PSV Havila Fanø
TotalEnergies EP Danmark has extended the existing contract for Havila Fanø by 6 months for the period between June and December 2023.
2 May 2023
Short-term contract extension for Abo FPSO
BW Offshore has signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until 31 May 2023.
2 May 2023
Subsea7 awarded project offshore US Gulf of Mexico
Subsea 7 S.A announced an award by LLOG Exploration Offshore, LLC as project manager for the Salamanca development project, which includes the Leon and Castile fields, in the US Gulf of Mexico. The award is defined as sizeable1. The contract scope includes the installation of three infield subsea pipeline systems,…
1 May 2023
Meshed grids the next frontier in leveraging the potential of offshore wind
Hitachi Energy and WindEurope have published a new report that shows that Europe needs to invest hugely in offshore grids to facilitate the big amounts of new wind farms and the development of a so-called meshed grid will be essential for Europe’s offshore wind development. These are clusters of offshore…
1 May 2023
Saipem: two-year extension to Santorini offshore drilling contract
Saipem has been awarded a two-year contract extension by Eni S.p.A. for the use of the Santorini drillship. The contract extension, which will give continuity to the ongoing activity, will come into force starting from August 2023 and is worth approximately 280 million dollars. To this amount will be added…
1 May 2023
Fugro wins site investigation contract for Australia's first offshore wind farm
Geo-data specialist Fugro has been awarded a contract to perform an offshore geotechnical site investigation for Australia's offshore wind project Star of the South (SOTS), located off the coast of Gippsland southeast of Australia. Partly funded by the Victorian Government through the Energy Innovation Fund, Star of the South is…
1 May 2023
Wassana Production Re-start and Change to Working Interests
Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company”), the upstream oil and gas company with assets in the offshore Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce the re-start of oil production from the Wassana field and changes to its working interest in Licences G6/48…
28 April 2023
Aquaterra Energy expands riser and connector portfolio with CCS system
Aquaterra Energy, a leader in global offshore energy engineering solutions, is bolstering its riser and connector portfolio with the addition of a completions and workover system that will specifically support carbon capture and storage (CCS) developments. The end-to-end solution will allow operators to safely perform workover and intervention operations in…
28 April 2023
RWE and Acta Marine sign agreement for ‘green’ fuel service operation vessels (SOVs) to support North Sea offshore wind farms
RWE, the world’s second largest offshore wind player, and maritime support provider Acta Marine have entered a long-term vessel supply agreement that paves the way for the decarbonisation of offshore wind farm operations. The agreement is to build and operate two ‘green’ service operation vessels, which will be among the…
28 April 2023
Sumitomo Electric Establishes Power Cable Factory in Scotland, U.K.
Sumitomo Electric Industries, Ltd. has announced plans to establish a power cable factory in Scotland, UK.The introduction of renewable energy and interconnected national and regional lines are being promoted worldwide to achieve a decarbonized society. In the European market, where such trends are active, demand for power cables is growing.…
28 April 2023
Neptune Energy commences production on Fenja field
Neptune Energy and its partners, Vår Energi, Sval Energi and DNO, announced production has commenced from the Fenja oil and gas field in the Norwegian Sea. Fenja is expected to produce 35,000 barrels of oil equivalent per day (boepd, gross), via two oil producers, with pressure support from one water…
28 April 2023
Hybrid interconnector between Germany and Denmark: Amprion and Energinet agree on close cooperation
The Danish transmission system operator Energinet and their German counterpart Amprion have signed a Memorandum of Understanding to explore the perspectives of developing a hybrid interconnector between the two countries. The interconnector will make an important contribution to achieving climate neutrality and prosperity through secure supply in both countries and…
28 April 2023
Xlinks’ first-of-a-kind renewable energy project secures backing from TAQA and Octopus Energy
Xlinks First Limited has reached a critical early milestone with the successful closing of its new development funding round raising GBP30 million. The investment comes after securing GBP25 million (AED113 million) of investment from Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in…
28 April 2023
Tullow signs asset swap agreement with Perenco to optimise Gabon portfolio
Tullow Oil plc (Tullow) is pleased to announce that, via its subsidiary, Tullow Oil Gabon S.A. (Tullow Gabon), it has signed an asset swap agreement with Perenco Oil and Gas Gabon S.A. (Perenco). This is intended to optimise Tullow’s equity ownership across key fields in Gabon and will be achieved…
28 April 2023
ExxonMobil Guyana advances fifth offshore Guyana development
ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 barrels of daily capacity after a targeted startup in 2026. “Our fifth, multi-billion-dollar investment in…
27 April 2023
Dieppe Le Tréport offshore wind farm reaches Final Investment Decision and starts construction
Ocean Winds, Sumitomo Corporation, and la Banque des Territoires as shareholders of the company “Eoliennes en Mer Dieppe Le Tréport” (EMDT), announced the final investment decision for the Dieppe Le Tréport project, the sixth fixed bottom offshore wind farm to be commissioned in France from 2026 and located off the…
27 April 2023
Kent wins second major contract on Berwick Bank Wind Farm project
Kent, one of the leading providers of engineering and design services to the global offshore wind industry, with involvement in 15GW installed capacity and 17GW in development, has been awarded a further major contract for SSE’s Berwick Bank Project. This new contract will see Kent complete the FEED and Detailed…
27 April 2023
Van Oord selected as preferred supplier for the 1.6 GW Nordseecluster wind project in Germany
Van Oord has been appointed as preferred supplier for the transport and installation of foundations for the 1.6 GW Nordseecluster wind project in Germany, a joint venture between RWE and Northland Power. The agreement was signed at Van Oord’s stand at the WindEurope exhibition in Copenhagen. The Nordseecluster is expected…
27 April 2023
Cygnus supports UK energy security with first gas from 11th well
Neptune Energy and its partner, Spirit Energy, announced production has commenced from the 11th well at its operated Cygnus gas field in the southern North Sea, unlocking much-needed additional supplies and supporting UK energy independence. The new well is expected to produce approximately 4,000 boepd, enough gas to heat approximately…