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21 February 2023
WFO publishes its Global Offshore Wind Report for 2022 – Global offshore wind growth again largely driven by China
World Forum Offshore Wind (WFO) published its Global Offshore Wind Report 2022. Globally, 9,433 MW of offshore wind capacity went into operation in 2022. Global offshore wind growth in 2022 was again mainly driven by China which installed 6.8 GW of new offshore wind capacity in 2022. Global installed offshore…
20 February 2023
Argeo deep dives into the marine minerals market
Argeo has been awarded a contract comprising of multi-sensor data acquisition with AUV for the Polish Geological Institute – National Research Institute (PGI-NRI), to fulfil seabed mineral exploration work under the provisions and scope of the Government of Poland Contract with the ISA. Under the contract, Argeo will perform high-resolution…
20 February 2023
OEG Offshore’s multi-million investment in SEAJET progresses clean technology strategy
Aberdeenshire headquartered OEG Offshore has invested in SEAJET Systems Limited (SEAJET), the developer of the world’s only dedicated all-electric controlled flow excavation (E-CFE) solution for the offshore energy sector. The firm has recently patented the world’s first ever twin electric powered version of the E-CFE technology. The revolutionary system, which…
20 February 2023
Contract for Island Commander with Equinor
Island Offshore has secured a contract for the supply vessel Island Commander with Equinor. The vessel is currently on spot fixture for the same company and is now allowed to hold on for another seven months, with options for 2 + 2 months after this. - We are grateful for…
20 February 2023
Leading the way in the green maritime transition
The Ocean Charger project is officially launched and the kickoff happened on February 15 2023 with a gathering of all involved partners in Ålesund, Norway. Now, with a strong consortium of industry and research partners, VARD will lead the way from research to testing, validation, and commercialization of new technological…
20 February 2023
Serica Energy plc First production from Tailwind’s Gannet GE-04 well
Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company provides the following update. Final commissioning of the Gannet GE-04 well has now been completed and production via the Triton FPSO has commenced. The Diving Support Vessel Deep Discoverer mobilised to the Triton area in early February…
20 February 2023
Horisont Energi, Neptune Energy and E.ON sign MoU for European CCS value chain
Horisont Energi and Neptune Energy have signed a Memorandum of Understanding (MoU) with the international energy major E.ON with the aim to develop a European carbon capture and storage (CCS) value chain. The MoU covers several areas such as project financing, funding, and the development of a complete value chain…
20 February 2023
Scraping the barrel: Is the world running out of high-quality oil and gas?
The world is not going to run out of oil or gas anytime soon. Total discovered and prospective oil and gas resources are more than double likely demand to 2050. The upstream industry is able to prioritise advantaged barrels to produce lower-cost, lower-carbon options. Meanwhile, much of the world's vast…
17 February 2023
TechnipFMC Awards Significant Subsea Contract for Equinor’s Irpa Development
TechnipFMC has been awarded a significant(1) contract for subsea production systems by Equinor for its Irpa oil and gas development on the Norwegian Continental Shelf. Awarded under the companies’ framework agreement, the contract covers the supply and installation of subsea trees, control systems, structures, and connections, as well as tooling.…
17 February 2023
TechnipFMC Awarded Significant Subsea Project by Equinor for the Verdande Field
TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract for the subsea production system for Equinor’s Verdande project on the Norwegian Continental Shelf. The contract – awarded under TechnipFMC’s framework agreement with Equinor – covers the complete subsea production system including subsea trees and structures, control systems, connections, tooling, and…
17 February 2023
EnBW and Equinor to jointly pursue German offshore wind opportunities in 2023
EnBW and Equinor today announce their interest in developing offshore wind together. “In a tough international field, we are delighted to be working together with a strong partner like Equinor and combining the individual strengths of the two companies to develop German offshore wind. EnBW is among today’s leaders in…
17 February 2023
Asso.subsea has completed the export cable installation and protection of the 150 kV submarine cable system which will connect 330 MW Kafireas Wind Farm to Greece’s mainland grid
Asso.subsea, a specialized installer in the submarine cable industry, announces the successful completion of the submarine export cable installation and protection for the Kafireas II Windfarm, located in Greece between the southern-most part of Evia island and the mainland. Asso.subsea, in joint venture with Hellenic Cables, secured this project in…
17 February 2023
First Integrated Offshore Geothermal Assessment Project for TotalEnergies
The Aquarius North Sea Geothermal Consortium, led by ZeGen Energy, has completed a geothermal assessment project for TotalEnergies. It is believed to be the first of its kind globally. The 12-month study, which was concluded late last year, fully integrates subsurface, wells and topside elements, and provides guidance on how…
17 February 2023
Creation of Bourbon Horizon AS, a new leader in offshore operations in the harshest environments
BOURBON & HORIZON MARITIME are pleased to announce a new joint venture, Bourbon Horizon AS, dedicated to providing leading marine services and operations, focusing on the North Sea and Canadian offshore markets. Incorporated in Norway, the new company is strategically positioned in Fosnavåg (Norway) and St. John’s (Newfoundland and Labrador,…
17 February 2023
Energean plc MOU with Shell Egypt to Investigate CCS - Decarbonisation Potential
Energean has announced that Energean Egypt has entered into a memorandum of understanding (MOU) with Shell Egypt to explore a mutually beneficial decarbonisation solution. Energean and Shell's MOU is designed to support the decarbonisation and the energy transition of the Arab Republic of Egypt contributing to the global efforts against…
17 February 2023
Shell starts production at Vito in US Gulf of Mexico
Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the…
16 February 2023
Fugro and IOC/UNESCO launch working group to unlock private-sector ocean data
The Ocean Decade Corporate Data Group—co-chaired by Fugro and the Intergovernmental Oceanographic Commission of the United Nations Educational, Scientific and Cultural Organisation (IOC/UNESCO)—was officially launched last week during an online kick-off meeting. Ocean science data is critical to a healthy ocean and a sustainable ocean economy Organised in support of…
16 February 2023
INPEX and PETROS Sign Joint Collaboration Agreement on CCS Initiative in Sarawak, Malaysia
INPEX announced it has signed a joint collaboration agreement (JCA) with Petroleum Sarawak Berhad (PETROS) concerning the potential development of a carbon capture and storage (CCS) project targeting CO2 emitted from gas fields with high concentrations of CO2, petrochemical industries, power plants, manufacturing industries and other sources in Sarawak, Malaysia.…
16 February 2023
Approved plan for development and operation of Halten Øst
The Ministry of Petroleum and Energy has approved a plan for the development and operation of Halten Øst in the Norwegian Sea. The development involves a further development of the oil and gas operations in the Åsgard area, and will mean increased gas supply to Europe when it is planned…
16 February 2023
TotalEnergies and Corio join forces to develop offshore wind in Taiwan
TotalEnergies and Corio Generation, two of the world’s leading offshore wind and renewable energy developers, have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project.…
16 February 2023
Hexicon and IX Wind Join Forces for Taiwan's Floating Wind Market
International developer Hexicon and IX Wind have teamed up to provide services for the development and construction of a 1,300+ MW floating offshore wind project in Taiwan. The partnership, secured in December 2022, will offer project management, consultancy and engineering services to the project. As a first-mover project developer in…
15 February 2023
Havila Shipping ASA: Contract With Equinor Energy for PSV Havila Clipper
The company has entered into a contract with Equinor Energy AS for the PSV Havila Clipper for a firm period of 6 months and two optional periods each of 2 months. The contract starts in second half of February in direct continuation of existing contract.
15 February 2023
Charter contract with ASSO Subsea for the newbuild CSOV Rem Power.
Rem Offshore/Rem Purus are delighted to announce charter contract with options, for ASSO Subsea thr newbuild CSOV Rem Power. The vessel will support the construction phase of Wind Farms, providing welfare and transfer services to personnel. “It has been a great pleasure to work in close cooperation with ASSO Subsea…
15 February 2023
Well-Safe Solutions and Apache Corporation sign P&A Club decommissioning deal
Well-Safe Solutions and Apache Corporation have signed a multi-year framework agreement to decommission wells in the North Sea, as part of the decommissioning specialist’s Plug and Abandonment (P&A) Club offering. The deal provides the US-based energy producer with access to specialist decommissioning assets the Well-Safe Defender and Well-Safe Guardian to…
15 February 2023
bp enters South Korea offshore wind market with new Deep Wind Offshore joint venture
bp and Deep Wind Offshore have formed a joint venture to develop offshore wind opportunities in South Korea. As part of their agreement, bp has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which includes four projects across the Korean peninsula with a potential generating capacity…
15 February 2023
Alcatel Submarine Networks and Maersk Supply Service announce the award of Mero Field Permanent Reservoir Monitoring contract by Petrobras
Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) are pleased to announce the award by Petrobras, operator of the Mero field Consortium, of the contract for the supply and installation of a Permanent Reservoir Monitoring (PRM) system on the giant Mero field, located deep offshore in the pre-salt area…
15 February 2023
Israel Enters the oil exporters club: Energean exports hydrocarbon liquids from Karish
Energean has confirmed the first ever lifting of an Israeli crude oil cargo has taken place at the Company’s Karish field. For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets. Utilising the regionally unique liquids storage and offloading…
14 February 2023
DNV to launch Joint Industry Project to adapt certification process of installation aids for offshore wind farms
DNV, the independent energy expert and assurance provider, is launching a JIP to develop a decision tool and reference that can be used by all stakeholders during the specification; design; manufacture; procurement and approval of any equipment intended for the installation and decommissioning of bottom-fixed wind turbines. DNV forecasts that…
14 February 2023
Dorado regulatory approval
Santos welcomes the acceptance by the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) of the Offshore Project Proposal (OPP) relating to the Dorado development. Dorado is a proposed phased liquids and gas development, with an initial phase of liquids development with gas re-injection and the potential for a…
14 February 2023
MHB Awarded the EPCI Contract from Carigali-PTTEPI Operating Company Sdn Bhd
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is pleased to announce that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has secured a contract from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) with an approximate value of RM 1.4 billion to undertake the provision of engineering,…
14 February 2023
Borr Drilling Limited – Announcement of new contract and extensions
Borr Drilling Limited is pleased to announce it has been awarded a new contract and two extensions for its premium jack-up drilling rigs “Ran”, “Gerd” and “Natt”. These awards increase the company’s firm backlog by approximately 625 days, excluding unexercised optional periods. The premium jack-up drilling rig “Ran” has secured…
14 February 2023
Talos Energy Completes Acquisition of EnVen Energy Corporation
Talos Energy Inc. announced the completion of its previously announced acquisition of EnVen Energy Corporation ("EnVen"). The Company expects to provide 2023 financial and operational guidance for the combined company to investors concurrently with the fourth quarter and full year 2022 earnings press release to be issued on Tuesday, February…
14 February 2023
New analysis: The potential for CO2 capture is growing
In 2040, we in Denmark can capture around 10.8 million tonnes of CO2 from the chimneys of large emitters. This is shown by the Danish Energy Agency's new analysis of the possibilities for CO2 capture in Denmark. The updated analysis increases the expected catch potential by approx. 1-2 million tonnes…
13 February 2023
Copenhagen Offshore Partners Expands European Footprint and Opens New Office in Portugal
Copenhagen Offshore Partners (COP), a leader in offshore wind origination, development and construction in new and established markets around the world, has expanded its presence in Europe and opened a new office in Porto, Portugal. The new office will support COP’s ambitions to unlock offshore wind in the country, including…
13 February 2023
Gasunie to develop international hydrogen network in German North Sea
Gasunie intends to realise a hydrogen network in the German part of the North Sea. This German hydrogen network plays an important role in the large-scale import of hydrogen from Norway and the increasing supply of green hydrogen from future wind farms in the North Sea. The German offshore network…
13 February 2023
Deme awarded transport and installation contracts for Yeu and Noirmoutier offshore wind farm foundations and substation
DEME has been awarded two transport and installation contracts (1) for the foundations and the offshore substation for the Yeu and Noirmoutier islands’ offshore wind farm. For DEME this is the second major offshore wind farm project in France following groundbreaking solutions and industry-first technology deployed at Saint-Nazaire. DEME Offshore…
13 February 2023
Subsea7 awarded contracts offshore Norway
Subsea7 S.A. announced the award of two contracts by Equinor for the Irpa and Verdande field developments, located in the Norwegian Sea. The combined project awards are defined as sizeable1. The two projects will be executed in a consortium between Subsea7 and DeepOcean. The Irpa field development project, located in…
13 February 2023
Transocean Agrees to Investment in Global Sea Minerals Resources, Contributes Stacked Drillship
Transocean Ltd. announced that one of its wholly owned subsidiaries has agreed to make an investment in Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling interest in the company. GSR is the deep-sea mineral exploratory division of DEME Group NV and is engaged in the development and…
13 February 2023
IOG plc 2023 Operational Update
IOG plc ("IOG", or "the Company"), (AIM: IOG.L) provides updated guidance on drilling plans for 2023: Blythe - The IOG-CalEnergy Resources (CER) 50:50 joint venture has sanctioned the Blythe H2 well and prioritised it ahead of Southwark A1 in the drilling programme. - H2 will target Blythe's central high and…
13 February 2023
Chevron commits $38 million to Australian carbon capture and storage research
Chevron Australia will contribute a combined A$38 million to carbon capture and storage (CCS) research projects in Western Australia and Victoria, advancing knowledge of the critical emissions technology for a lower carbon future. Of the total contribution, $22 million has been committed to the Barrow Dampier CCS Regional Study, which…
10 February 2023
Delivery of Commissioning Service Operation Vessel Edda Boreas
Offshore wind service vessel company Edda Wind today announces that it has taken delivery of Edda Boreas from Gondan Shipyard. The vessel is the second of six sister vessels to be delivered from Gondan. The new Commissioning Service Operation Vessel (CSOV), named Edda Boreas, will start installation of the motion-compensated…
10 February 2023
Sproule Announces Agreement to Acquire SGS’s Global Subsurface Consultancy
Sproule, a leading global energy consulting and advisory firm, is pleased to announce an agreement to acquire SGS S.A.’s (“SGS”) Subsurface Consultancy (“SSC”) based in the Netherlands. Geneva-based SGS is a testing, inspection and certification company recognized as the global benchmark for sustainability, quality, and integrity. SSC conducts reserves certification,…
10 February 2023
JDR secures umbilical contract with Petrogas Transportation
JDR, the global subsea cable supplier and servicer, owned by the TFKable Group, has been awarded a contract by Petrogas E&P Netherlands to supply two umbilicals for the A15 and B10 offshore conventional gas fields in the Netherlands. The fields are located in quads A & B, in a shallow…
10 February 2023
Hellenic Cables signs a new submarine interconnection project in the Adriatic Sea
Hellenic Cables, the cables segment of Cenergy Holdings, following the successful completion of another 110kV submarine cables contract in 2022, signed a second one with the contractor Končar Group for the supply of approx. 30 Km 110 kV High Voltage submarine cables, accessories, and related services as part of a…
10 February 2023
Final monopile installed at Hollandse Kust Noord offshore wind farm
The final monopile for CrossWind’s Hollandse Kust Noord wind farm was successfully installed by Van Oord this week, bringing the total to 70. The offshore wind farm is located 18.5 kilometres off the coast of the Netherlands, near the seaside resort of Egmond aan Zee. Once finished it will have…
10 February 2023
Shelf Drilling secures contract extension on rig 141 in Egypt
Shelf Drilling, Ltd. announced that it has secured a one-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company (“Gempetco”) for operations in the Gulf of Suez offshore Egypt. Following this extension, the expected availability of the rig is February…
10 February 2023
Expro enhances well construction portfolio with acquisition of Deltatek Global
Energy services provider, Expro announced the acquisition of well construction cementing specialists DeltaTek Global (“DeltaTek”). The acquisition allows Expro to broaden its offering, capabilities, and technology portfolio within the well construction cementing sector, while accelerating DeltaTek’s international deployment ambitions through Expro’s global footprint. Expro’s Chief Technology Officer Steve Russell said:…
9 February 2023
New discovery by North Sea Troll field
Equinor has made an oil and gas discovery close to the Troll field in the North Sea. This is the seventh discovery in this area since the autumn of 2019. The name of the discovery is Røver Sør. According to preliminary estimates the size of the discovery is between 17…
9 February 2023
TGS and CGG Announce Dense OBN survey in Balder and Ringhorne areas of Norwegian Continental Shelf (NCS)
TGS, a global provider of energy data and intelligence, and CGG, a global technology and HPC leader have been jointly awarded the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Balder and Ringhorne areas of the Norwegian Continental Shelf (NCS). The Heimdal Terrace…
9 February 2023
Deltic Energy Plc : Pensacola Gas Discovery
Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to announce a significant gas and oil discovery at Pensacola on Licence P2252 in the Southern North Sea. Highlights · Pensacola could represent…