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13 May 2020
Drilling permit for well in 7219/11-1 in production licence 533 B
The Norwegian Petroleum Directorate has granted Lundin Energy Norway AS a drilling permit for well 7219/11-1 cf. Section 15 of the Resource Management Regulations. Well 7219/11-1 will be drilled from the West Bollsta drilling facility in position 72 11`46.64 N and 19 38`16.23 E. The drilling programme for well 7219/11-1…
13 May 2020
Drilling permit for well 7321/8-2 S in production licence 719
The Norwegian Petroleum Directorate has granted Spirit Energy Norway AS a drilling permit for well 7321/8-2 S, cf. Section 15 of the Resource Management Regulations. Well 7321/8-2 S will be drilled from the Leiv Eiriksson drilling facility in position 73°22'25.61"N and 21°35'11.54"E. The drilling programme for well 7321/8-2 S relates…
13 May 2020
Premier Oil ; Trading and Operations update
Premier today provides the following Trading and Operations update for the period 1 January to 30 April 2020. As previously announced, the Group’s AGM has been deferred to 25 June 2020 in light of the Government’s public health instructions and stay at home measures regarding COVID-19. Financial highlights Forecast broadly…
12 May 2020
COVID 19 sparks 900% rise in demand for remote inspection of offshore rigs
Bureau Veritas, a world leader in testing, inspection and certification services, is reporting a 900% rise in demand for the remote inspection of offshore assets and equipment since the outbreak of the COVID 19 pandemic. Bureau Veritas says requests for its remote inspection, certification, examination and verification services has escalated…
12 May 2020
Unique Group develops revolutionary UXO recovery system
Leading integrated subsea and offshore solutions provider, Unique Group has pooled its expertise in survey and buoyancy technology with Dutch UXO experts, Bodac, to develop an Unexploded Ordnance Lifting & Safe Disposal System (UXO-LSDS), which paves the way for contactless mine recovery. Bodac’s experience in UXO risk mitigation and explosive…
12 May 2020
Delivery Of First Two PSVS For Cosl
8 May 2020 saw the delivery of the first two platform supply vessels of the ULSTEIN PX121 design built at SWS, China, the 'Guo Hai Min Xing' and the 'Guo Hai Min Sheng'. They are operating for COSL – China Oilfield Services Limited, for whom they have a long-term charter.…
12 May 2020
SeaRobotics’ SR-Surveyor M1.8 is Now Available for Rental
SeaRobotics Corporation announced a new partnership with Okeanus Science & Technology (Okeanus), an established provider of oceanographic rental equipment and turnkey survey solutions, in a move to make Autonomous Surface Vehicles (ASVs) increasingly available for international rental. The SR-Surveyor M1.8, a tightly integrated ASV from SeaRobotics’ Surveyor Class, is the…
12 May 2020
Pharos Energy plc 2020 AGM Trading and Operations Update
Pharos Energy plc, an independent oil and gas exploration and production company, issues the following Trading and Operations update in advance of the Company’s AGM on 20 May 2020. The information contained herein has not been audited and may be subject to further review and amendment. Ed Story, President and…
12 May 2020
Drilling Rig Contracted for Rhum-3 Well Intervention
Serica Energy plc (AIM: SQZ) is pleased to announce that it has entered into a contract for the provision of a drilling rig for the intervention work on the Rhum-3 (“R3”) well on behalf of the Rhum partners. The work will be carried out using the Awilco Drilling’s WilPhoenix, a…
12 May 2020
TMC compressors for Fast4Ward FPSO
International compressor supplier TMC Compressors of the Seas (TMC) has won a contract from Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) to supply the marine compressed air system to a newbuild FPSO the yard is constructing for SBM Offshore. TMC’s scope of work is to provide a compressed air system consisting…
12 May 2020
Drilling permit for well 30/2-5 S in production licence 878
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 30/2-5 S, cf. Section 15 of the Resource Management Regulations. Well 30/2-5 S will be drilled from the West Hercules drilling facility in position 60°56'11.23"N and 2°37'12.51"E after concluding the drilling of wildcat well 35/10-6 for…
12 May 2020
OMV – consent for exploration drilling in the Norwegian Sea
Petroleum Safety Authority Norway have given OMV (Norge) AS consent for exploration drilling in block 6506/11 in the Norwegian Sea.
12 May 2020
PGS Commences GeoStreamer X Viking Graben Extension
PGS seismic vessel Ramform Vanguard has begun a new multi-azimuth marine seismic survey in the North Sea. This industry-funded project extends the GeoStreamer X area within the Viking Graben by 1160 sq. km. The first data is due Q3 2020. The GeoStreamer X Viking Graben 2020 extension project will again…
11 May 2020
Nova module lifted onto Neptune Energy’s Gjøa platform
Neptune Energy and Wintershall Dea today announced the successful lift of the 740-tonne topside module for the Nova development project in the Norwegian North Sea. The world’s largest crane vessel, Heerema Marine Contractors’ Sleipnir, safely transported the topside module onto the Neptune-operated Gjøa platform in a three-hour operation. Managing Director…
11 May 2020
TSC Strategic Publishes New Autonomous Surface Vehicle (ASV) Market Report
TSC Strategic, an ocean industries media and marketing agency, today announced details of a new market study that forecasts revenues of $3 billion from global ASV sales by 2024. The report, Autonomous Surface Vehicle (ASV) Market Summary and Forecast, 2020-2024, suggests that the rapid pace of blue tech development is…
11 May 2020
Aquatec meets urgent North Sea pressure monitoring requirement
When a large North Sea operator needed two rapidly deployable pressure loggers to meet an imminent offshore mobilisation, they turned to Aquatec Group for a turnkey service. Aquatec engineered a pair of ROV-deployable magnetic mounts to allow two of their AQUAlogger® 310 oceanographic pressure and temperature data loggers to be…
11 May 2020
Australia’s subsea energy sector gets $1.4m export boost through SME Hubs initiative
The value of Australia’s subsea energy sector has been recognised with the announcement of $1,400,000 to establish an Australian Subsea Industry Export Hub that will support SMEs realise greater export opportunities, increase export revenue and grow employment prospects by showcasing our country’s world-class subsea skills and technologies to the global…
11 May 2020
Wood and NERA announce new partnership for development of AI inspection tool
Wood and NERA have announced a new partnership to develop and deliver a solution for the inspection of critical industrial equipment, particularly for subsea oil and gas infrastructure. By leveraging the power of cutting-edge artificial intelligence (AI) technology, Wood’s Augmented Machine Vision Solution provides a real-time inspection device capable of…
11 May 2020
Contracts for CSV's Far Saga and Normand Energy
Solstad Offshore ASA ("SOFF") is pleased to announce that the Brazilian flagged CSV, Far Saga, has been awarded a contract with Petróleo Brasileiro S.A. ("Petrobras") for a period of 3 years firm. Far Saga will be equipped with two Work Class ROVs from C-Innovation suitable for operating to 3.000m water…
11 May 2020
Remote work technology: The one oil and gas services segment that Covid-19 has benefited
There are no hard numbers yet to illustrate the extent to which the Covid-19 pandemic has affected the oil and gas industry’s digitization. However, a Rystad Energy analysis of service companies’ earnings calls reveals a clear growth in cost-saving remote work technologies. Given the limited options of low-hanging cost savings…
11 May 2020
PGS Release First Data from MC3D Ghana Tano Basin
BFast-track 3D GeoStreamer data from the latest PGS MultiClient seismic survey in Ghana reveal Cretaceous targets and Afina-1X reservoir analogs in the Tano Basin. The 2019 GeoStreamer survey targets the Ghana Tano Basin, a transform margin exploration hot spot, providing the first-ever MultiClient 3D broadband data offshore Ghana. The Upper…
11 May 2020
Podcast with the Director General on the possibilities in the Barents Sea
jørn Rasen: I would like to welcome everyone to this podcast, a conversation with Director General Ingrid Sølvberg who is invited here on the occasion of the fact that she was scheduled to give a speech at the Barents Sea Conference last week, we will get back to that, but…
11 May 2020
Gazprom gives name of 75 Years of Victory to new large field on Yamal shelf
Gazprom made the decision to give a new field discovered in the Yamal gas production center the name of 75 Years of Victory (75 Let Pobedy). The field was discovered by the Company within the Skuratovskaya prospect on the shelf of the Yamal Peninsula in the Kara Sea. The total…
11 May 2020
JERA'S Participation in World Forum Offshore Wind
JERA Co., Inc (“JERA”) has decided to join World Forum Offshore Wind (“WFO”). Founded in Germany in 2018, WFO is a non-profit organization that seeks to foster the global growth of offshore wind energy by collecting and disseminating related information and educating government officials around the world. In addition to…
8 May 2020
APA group’s renewable methane pilot project receives arena funding
APA Group welcomes the announcement of $1.1 million in funding from the Australian Renewable Energy Agency (ARENA) towards its renewable methane pilot project to be developed with partner Southern Green Gas.APA is committed to understanding the potential of transportable renewable energy in the form of renewable methane. The collaboration on…
8 May 2020
Petrobras releases teaser for E&P in Camamu Basin
Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in the Manati field, a maritime production concession in shallow waters located in the Camamu Basin, in the State of Bahia. The teaser, which includes key information…
8 May 2020
Time for champagne: France to become Europe’s fourth-largest offshore wind producer in 2030
France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. According to France’s updated…
8 May 2020
Equinor first quarter 2020 results
Equinor reports adjusted earnings of USD 2.05 billion and USD 0.56 billion after tax in the first quarter of 2020. IFRS net operating income was USD 0.06 billion and the IFRS net income was negative USD 0.71 billion, following net impairments of USD 2.45 billion. The first quarter was characterised…
8 May 2020
Neptune Energy completes seismic survey offshore Egypt
Neptune Energy today announced the successful completion of an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis. The project, prefunded by Neptune, was carried out by WesternGeco, the seismic and geophysical data solutions division of Schlumberger, under…
8 May 2020
BP Australia study looks to scale up renewable hydrogen for export
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of building a renewable hydrogen and ammonia production facility in Geraldton, Western Australia. BP will be supported by GHD Advisory…
8 May 2020
Sole Gas Project update
• Sole gas field producing gas to Eastern Gas Pipeline at 20 to 25 TJ per day • Reservoir and well performance and gas specifications to expectations • Final phase gas plant commissioning by APA ongoing • Short term shut down to commence for maintenance and minor modifications Cooper Energy…
8 May 2020
Covid-19 and subsea: Demand for umbilicals set for multi-year blow, despite cost savings
The Covid-19 pandemic and its devastating effect on global energy investments is set to damage subsea purchases, with demand for umbilical lines expected to fall by 32% to just 713 kilometers (km) of lines in 2020, down from 1,041 km last year, a Rystad Energy impact analysis reveals. Umbilical demand…
7 May 2020
Qatar Petroleum Enters Into Three Exploration Blocks in Mexico
Qatar Petroleum has entered into three farm-in agreements to acquire about 30% of Total's participating interest in blocks 15,33 and 34 located in the Campeche basin, offshore Mexico.Each of the farm-in agreements is subject to customary regulatory and other approvals by Total's existing partners and the government of Mexico.Commenting on…
7 May 2020
Outtrim project update
Carnarvon Petroleum Limited (“Carnarvon”) (ASX:CVN) advises that it has recently increased its equity to 70% and secured operatorship of the WA-155-P permit (“Outtrim project”). Within WA-155-P exists the Belgravia, Belgravia East and Palmerston prospects, all Top Triassic Mungaroo gas targets. Carnarvon believes there to be significant gas potential in this…
7 May 2020
DOF Subsea Contract updates
DOF Subsea has received a notice of early termination of a two-year charter contract for the vessel Skandi Acergy, from an international client. The notice period is 60 days, and the termination of the charter contract will be effective on 1 July 2020. DOF Subsea is entitled to a termination…
7 May 2020
Ailes Marines selects Van Oord for the foundation transport and installation works at Saint-Brieuc Offshore Wind Farm
Ailes Marines, in charge of the development, construction, installation and operation of the offshore wind farm in the bay of Saint-Brieuc, has selected the Dutch marine contractor Van Oord to transport and install the 62 jacket foundations (steel lattice structure) and the foundation piles for the offshore substation. Transport and…
7 May 2020
Industry restates call to support recovery framework as it warns net zero role is not a given
The leading representative body for the UK’s offshore oil and gas industry has repeated its calls to accelerate moves to net zero as part of efforts to support the sector’s recovery. Speaking in response to advice issued to governments by the Committee on Climate Change today, and confirmation by Prime…
7 May 2020
OGA unveils strategy to support Net Zero
Move will support oil and gas industry to reduce greenhouse gas emissions, encourage progress on carbon capture and storage and hydrogen projects The OGA is embedding the Net Zero challenge in its own work, and supporting the industry as it rises to this challenge Oil and gas will remain an…
7 May 2020
Number of licences held by PGNiG on Norwegian Continental Shelf reaches 31
Polish Oil and Gas Company’s subsidiary PGNiG Upstream Norway has closed a transaction of February 2020 to purchase interests in two more fields. For PGNiG this means more own gas volumes, which are soon to flow to Poland via the Baltic Pipe. PGNiG has increased its stake in the Gina…
7 May 2020
Petrofac secures UK renewals totalling US$100m
Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined total of more than US$100 million. Both awards come with options to extend beyond the initial term. The awards, gained under a competitive tender process with an International Oil Company, involve…
7 May 2020
Subsea 7 awarded contract offshore UK
Subsea 7 today announced the award of a sizeable(1) contract by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development, located in the UK sector of the southern North Sea. The contract scope includes the project management, engineering, procurement, construction and installation of 35km of flow…
6 May 2020
Oceaneering successfully completes Integrated Rig Services campaign offshore South America, achieves Remotely Operated Survey milestone
Oceaneering International (Oceaneering) announces that its Remotely Operated Survey (ROS) group has successfully completed an Integrated Rig Services campaign for a major operator offshore South America and recorded a milestone 150,000 hours of ROS operations with 99% uptime with no client operations or vessel downtime. Oceaneering was contracted by Apache…
6 May 2020
Logan Industries Builds ROV A-frame for TechnipFMC for Use in Gulf of Mexico
Logan Industries, a hydraulic repair, manufacturing and rental company, has delivered a custom A-frame to TechnipFMC for one of their new state-of-the-art ROVs, which will deploy later this year. The Logan A-frame is a heavy weather, work class ROV launching system, designed to move some of the largest, work class…
6 May 2020
New hydrogen fund could fuel new industry
APPEA has welcomed the Australian Government’s establishment of an Advancing Hydrogen Fund to support the development of a commercial hydrogen industry in Australia. The new $300 million fund could help secure the potential role hydrogen can play as a transport fuel, a chemical feedstock and a means to export energy…
6 May 2020
Equinor divests its minority shareholding in Lundin Energy
Equinor ASA has divested its financial shareholding in Lundin Energy AB, comprising around 14 million shares and corresponding to its 4.88% percent of the shares and votes, at a total sale price of approximately SEK 3.3 billion. After the divestment, Equinor ASA will no longer hold any shares in Lundin…
6 May 2020
GC Rieber Shipping: Nexans extends the charter for Polar King
GC Rieber Shipping has agreed with Nexans Skagerrak AS, a wholly owned subsidiary of Nexans Norway AS, to extend the charter of the CSV Polar King by two months, making the charter firm until September 2020. The extended period will be in direct continuation of the ongoing charter, which started…
6 May 2020
ConocoPhillips – Tor – consent for manned underwater operations
Petroleum Safety Authority Norway have given ConocoPhillips Norge (ConocoPhillips) consent for manned underwater operations on the Tor field in the North Sea.The consent covers manned underwater operations relating to the connection of the pipelines from the Tor field to the 2/4 M facility at Ekofisk.
6 May 2020
Neptune – consent for exploration drilling in the North Sea
Petroleum Safety Authority Norway have given Neptune Energy Norway consent for exploration drilling in block 34/4 in the North Sea.
6 May 2020
Nova manifolds and spools safely installed ahead of schedule
The two manifolds for Wintershall Dea’s Nova project in Norway have been safely installed in the templates on the seabed, marking another key milestone in the delivery of the subsea development. Subsea 7 safely installed the production and water injection manifolds as well as the pipeline spools at 370 meters…
5 May 2020
Rovco signs multi-million pound contract with CWind
Rovco, one of the offshore energy industry’s leading providers of ROV and hydrographic services coupled with artificial intelligence-based technology, has been awarded a long-term contract by CWind for subsea work on the East Anglia ONE offshore wind project.The Rovco team, managed by CWind, will carry out a campaign of subsea…