Search News
Latest News
9 February 2023
Gas pipeline to meet growing demand for reliable energy in East Mediterranean
Allseas will return to the East Mediterranean in the third quarter of 2024 to execute the installation scope for phase one of the Tamar expansion project. Solitaire and Oceanic will carry out the work comprising approximately 150 kilometres of 20-inch pipeline from the Tamar field to the Tamar platform and…
9 February 2023
Archer Limited: Archer acquires Baker Hughes’ Coil Tubing and Pumping business in the UK
Archer Limited is pleased to announce that we have signed definitive agreements with Baker Hughes Limited to acquire its coil tubing and pumping (“CT&P”) business in the United Kingdom. The CT&P business includes four complete CT&P packages with supporting equipment, specialized and optimized for the UK market. As part of…
9 February 2023
Trident Energy successfully completes first saturation diving campaign in Brazil
Trident have been operating the Pampo and Enchova mature fields in offshore Brazil since July 2020. Since the acquisition, the company have been working hard to revitalize the fields to extend their operational life. Most recently, the company launched Trident's first saturation diving campaign in Brazil and the second in…
8 February 2023
DORIS awarded the Concept Selection Engineering for the SPS and SURF for the Block 29 development in Mexico by REPSOL
DORIS has signed a contract with Repsol Exploración México, S.A. de C.V., a subsidiary of Repsol, for the execution of Concept Engineering of the Subsea Production System (SPS) and Subsea Umbilical, Riser, and Flowline (SURF) for the Block 29 development in Mexico. Block 29 is located in the Salina Basin…
8 February 2023
Vestas unveils circularity solution to end landfill for turbine blades
Vestas is presenting a new solution that renders epoxy-based turbine blades as circular, without the need for changing the design or composition of blade material. Combining newly discovered chemical technology developed within the CETEC initiative, and partnerships with Olin and Stena Recycling, the solution can be applied to blades currently…
8 February 2023
PXGEO signs 12-month vessel commitment from Shell
PXGEO has secured a vessel commitment from Shell to provide 12 months of high-end marine towed streamer seismic acquisition services over a two-year period. Duncan Eley, Chief Executive Officer of PXGEO stated: ‘We are very excited to enter into this partnership with Shell, it is an important endorsement of PXGEO’s…
8 February 2023
NOV introduces the Modular Service and Operations Vessel concept
As wind farms move farther offshore and in deeper waters, robust operations and maintenance strategies are required. Support vessels must be able to operate safely, effectively, and longer in increasingly challenging environments. The Modular Service and Operations Vessel (MSOV) is a novel and versatile concept to optimize offshore wind farm…
8 February 2023
Stena Drilling announces contract extension with BP for Stena Icemax
This extension shall see the MODU mobilise to the United States Gulf of Mexico in direct continuation of the initial one (1) well programme (estimated 90 days) offshore Newfoundland, for a further scope of two (2) years. Stena Drilling have announced this contract extension with bp for the Stena IceMAX…
8 February 2023
SLB Completes Acquisition of Gyrodata Incorporated
SLB announced it has completed the acquisition of Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction will incorporate Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers innovative drilling solutions. This combination will improve wellbore quality and reduce drilling…
8 February 2023
Aker Solutions signs Draugen electrification contract
Following the Letter of Intent announced on December 15, 2022, Aker Solutions confirms it has now signed the contract for the Draugen project with OKEA. The contract is of substantial[1] value. Reference is made to the stock exchange announcement on December 15, 2022, regarding the LOI with OKEA for the…
7 February 2023
Serica Energy plc : Operations Update
Serica Energy plc, a British independent upstream oil and gas company provides the following operations update. Production Serica’s net production continues to benefit from the ongoing investment programmes that the company has undertaken since the acquisition of interests in Bruce, Keith and Rhum in 2018. Serica’s 2022 net production averaged…
7 February 2023
ABL Group wins contracts for French Round 2 offshore wind farms
ABL Group (ABL)’s Paris office has been awarded contracts to provide marine warranty survey (MWS) services to support the development of two Round 2 French offshore wind farms (OFW) with a combined capacity of nearly 1 GW. The two (2) offshore wind farms are the 496 MW Iles d’Yeu et…
7 February 2023
Case processing under the open door scheme is suspended
The Danish Energy Agency has suspended the processing of offshore wind turbine projects and other renewable energy projects under the open door scheme.More.
7 February 2023
Drydocks World and Aker Solutions form joint venture to upgrade production at UK’s Rosebank oil and gas field
LDrydocks World, a DP World Company, and Aker Solutions formed a joint venture to upgrade a floating production storage and offloading (FPSO) vessel for the Rosebank oil and gas field in the UK. The new joint venture combines the complementary strengths, resources, and experience of Drydocks World’s leading marine and…
7 February 2023
Plans unveiled for potential 4th phase of Dogger Bank Wind Farm
Leading energy companies SSE Renewables and Equinor are carrying out early scoping work to explore options for developing a fourth phase, Dogger Bank D, of the world’s largest offshore wind farm. SSE Renewables and Equinor each own 50% of the proposed Dogger Bank D development. The Dogger Bank D proposal…
7 February 2023
Siemens Gamesa and Doosan Enerbility sign historic offshore wind partnership framework agreement for South Korea
Siemens Gamesa, the world-leading provider of wind power solutions, and Doosan Enerbility, formerly Doosan Heavy Industries, a market leading manufacturer of energy solutions, announce the signing of a binding framework agreement for a strategic partnership for the South Korean offshore wind market. Marc Becker, CEO of Siemens Gamesa’s offshore business…
7 February 2023
“Windea Leibniz” is ready to boost offshore wind power expansion in the Baltic and North Sea
On 4 February 2023, BSM managed Service Operation Vessel (SOV) “Windea Leibniz” finished an extensive upgrade at Ulstein Shipyard in Norway. With an increase of cabins from 60 to over 80, the vessel has transitioned from an SOV to a Commissioning Service Operation Vessel (CSOV). Additionally, the ship received one…
6 February 2023
Sunrise Joint Venture to undertake concept select with a strong focus on delivery of gas to Timor-Leste
The Sunrise Joint Venture (SJV), comprising TIMOR GAP (56.56%), Operator Woodside Energy (33.44%), and Osaka Gas Australia (10.00%), hereby jointly affirms its commitment to undertake a concept select program for the development of the Greater Sunrise fields. The SJV will consider all of the key issues for delivering the gas,…
6 February 2023
Sif produces 14 Jacket Piles for BorWin5 on behalf of Dragados Offshore
Sif will produce 14 jacket Piles for the BorWin5 offshore grid connection project on behalf of Dragados Offshore. The total weight is approx. 4,000 tons. This offshore grid connection will connect the He Dreiht wind farm to the German transmission network. BorWin5 is the 15th offshore grid connection system implemented…
6 February 2023
C-NLOPB issues significant discovery licence to Equinor Canada Ltd and announces volume estimate for the Cappahayden K-67 discovery
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued Significant Discovery Licence 1059 to Equinor Canada Ltd. and is announcing the related volume estimate for the Cappahayden K-67 discovery.More
6 February 2023
Stena Drilling sign a new contract with Ithaca Energy (UK) Limited for Stena Spey
Stena Drilling are pleased to announce that we have signed a new Contract with Ithaca Energy (UK) Limited for Mobile Offshore Drilling Unit (MODU) Stena Spey. The operations for Stena Spey in UKCS are due to commence between 1st June 2023 and 1st September 2023 for a firm scope of…
6 February 2023
The Ministry of Climate, Energy and Supply grants the first permits in Danish history for full-scale CO2 storage in the Danish part of the North Sea
The Danish Energy Agency has now assessed the applications and has recommended that the Minister for Climate, Energy and Supply award the first three exclusive exploration licenses for full-scale CO2 storage in the North Sea to TotalEnergies and a consortium consisting of INEOS E&P and Wintershall DEA. The permits are…
6 February 2023
IOG plc Southwark update
IOG plc provides an update on the Southwark field development: A2 remediation - The planned isolation of three of the six stimulated zones and perforation of two other zones within the Southwark A2 well has been completed - The well has then been flow tested both on a sustained basis…
3 February 2023
RWE sign strategic operations and maintenance jack up vessel agreement with ZITON
RWE Offshore Wind has entered into a four year strategic operations and maintenance jack up vessel framework agreement with ZITON A/S, a specialised operations and maintenance service provider for offshore wind farm owners and turbine manufacturers. Under this agreement ZITON will provide RWE’s Offshore Wind business with vessel, lifting and…
3 February 2023
ABL Group awarded Jansz-Io Compression project contract
ABL Group (ABL) has been awarded a contract by Chevron Australia to provide marine warranty survey (MWS) services for the Jansz-Io Compression project offshore Western Australia. Part of the original development plan for the Chevron Australia-operated Gorgon Project, the Jansz-Io Compression project involves the construction and installation of a 27,000-tonne…
3 February 2023
Westwood Insight – Pacific Wind: California dreaming?
In December 2022 California held its first offshore wind leasing round – Pacific Wind. This was an exciting moment for the global floating as well as US and California wind industry – offering another opportunity to acquire acreage and to develop commercial scale floating wind projects in these nascent markets.…
3 February 2023
Trillion Energy Announces 70+ Metres Of Gas Pay Found In New Well At SASB Gas Field
Trillion Energy International Inc has announced e the preliminary gas indications from the Guluc 2 well, the third well in our multi-well program at the SASB gas field, Black Sea, Turkiye. On January 26, Guluc 2 reached 3,910 metres total measured depth (TMD) and true vertical debt (TVD) of 1,623 metres…
3 February 2023
DOF awarded EPRD contract by Equinor
DOF has been awarded an EPRD (Engineering, Preparatory works, Removal, Transportation, Recycling and Disposal) contract by Equinor Energy AS.The scope of work related to the Heimdal subsea decommissioning works and includes the recovery and disposal of approximately 2000 tons of subsea equipment. The offshore work is scheduled in two main…
3 February 2023
Contract Extension for Edda Mistral
Edda Wind has extended the charter agreement with Ørsted for Edda Mistral for 12 months until the end of August 2024 The Service Operation Vessel (SOV) Edda Mistral has operated for Ørsted (previously: Dong) at Hornsea 1 Offshore Wind Farm since it was built in 2018. The firm period is…
3 February 2023
Commencement of full-scale Commercial Operation for Offshore Wind Farm Project at Akita Port and Noshiro Port in Akita Prefecture
Marubeni Corporation (hereinafter, “Marubeni”) has been implementing the first large-scale offshore wind power project in Japan at Akita Port and Noshiro Port in Akita Prefecture (hereinafter, “Offshore Wind Farms”) comprised of the bottom fixed offshore wind farm and the onshore substation and transmission lines (hereinafter, “Offshore Wind Farm Project”) established…
3 February 2023
FET Unveils All New VisualDVR System
Forum Energy Technologies (FET) has announced the release of its latest generation of video recording solutions for the survey and inspection of subsea assets. Version 11 (V11) of VisualDVR, a digital video recorder produced by FET’s VisualSoft product line, marks a major step forward for the technology’s capability and user…
2 February 2023
50 million tonnes of liquid hydrocarbons produced at LUKOIL'S North Caspian fields
LUKOIL's liquid hydrocarbon production in the Russian sector of the Caspian Sea reached 50 million tonnes. The Company discovered 11 fields in the Caspian Sea. The first one, named after Yury Korchagin, was discovered in 2000 and launched in 2010. In 2005, LUKOIL discovered the Vladimir Filanovsky field with initial…
2 February 2023
Fugro's Quickvision® allows Heerema to accurately position wind turbines
Fugro’s innovative QuickVision® camera technology is supporting Heerema Marine Contractors as they install 27 wind turbines for Parkwind’s Arcadis Ost 1 wind farm located in the Baltic Sea off the German coast. Using a novel floating Rotor-Nacelle Assembly (RNA) installation method, Heerema is installing wind turbines with the blades already…
2 February 2023
MPS joins forces with the world’s strongest cable manufacturer, FibreMax
MPS are working with FibreMax to provide integrated floating foundation and tendon solutions to the rapidly growing floating offshore wind sector. The tendon solution will be used in the anchoring and moorings of their tension leg platform (TLP), PelaFlex, to deliver the highest system stability and zero tilt. It will…
2 February 2023
Update on H2BE hydrogen project in Belgium
The feasibility study of the 1 GW H2BE hydrogen project, which assessed the technical and economic suitability of a potential location at Engie’s site at Rodenhuize in Ghent (Belgium), has been completed. ENGIE and Equinor have decided to sign a joint development agreement (JDA), progress H2BE to the next development…
2 February 2023
Copenhagen Infrastructure Partners in partnership with NorSea, Parkwind dedicated to floating offshore wind projects in Norway
Copenhagen Infrastructure Partners (CIP) will join NorSea and Parkwind in a partnership dedicated to floating offshore wind projects in Norway. In doing so, the companies will further strengthen their consortium initially targeting the Utsira Nord tender. The three companies, all leading Nordic and European renewable, and industrial companies, bring together…
2 February 2023
Mine-hunting ‘mother ship’ arrives in Plymouth
A specialist ship bought to support Royal Navy mine-hunting operations – a mother ship to launch drones to find and destroy undersea threats – has arrived in Plymouth. When deployed, the platform will support the safeguarding of UK waters from the threat of mines at sea, operating a range of…
2 February 2023
Carbon capture and storage – the road to net zero
The NSTA has responded to the rapid growth of the UK's carbon capture and storage (CCS) industry by setting up a dedicated carbon transportation and storage team. The team will oversee the delivery of offshore carbon transportation and storage developments, following successful exploration and appraisal. This is another important milestone…
2 February 2023
Keppel O&M to deliver Guyana's third FPSO
Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a mega Floating Production Storage and Offloading vessel (FPSO) to SBM Offshore in 1Q 2023. This is the third FPSO that Keppel Shipyard is delivering to SBM Offshore and will be chartered…
1 February 2023
ABS Approves Bassoe Technology’s D-Floater Floating Wind Foundation Design for World’s Largest Turbines
A new breed of floating offshore wind turbine foundations, designed to handle the largest wind turbines in the world, has received ABS approval in principle (AIP). The Bassoe D-Floater technology is capable of carrying 15-megawatt (MW) turbines in some of the harshest environmental conditions.Full story here.
1 February 2023
Global offshore wind industry joins forces with the Carbon Trust to decarbonise and scale up sustainably
Eleven offshore wind developers – bp, EnBW, Fred Olsen Seawind, Ørsted, Parkwind, RWE, Scottish Power Renewables, Shell, SSE Renewables, Total Energies and Vattenfall – are partnering with the Carbon Trust to make future offshore wind more sustainable.More
1 February 2023
Hellenic Cables finalizes agreements with Ørsted/Eversource joint venture for offshore wind projects in New York, Connecticut and Rhode Island
Hellenic Cables, the cables segment of Cenergy Holdings and major provider of subsea cable solutions for global offshore wind, has finalized the individual contracts with Ørsted and Eversource for two offshore wind projects in the United States. Under these contracts, Hellenic Cables will design, manufacture, test and supply approx. 260…
1 February 2023
Contract award for three tie-ins in the North Sea
TechnipFMC is awarded a contract for three field developments at the Utsira High in the North Sea. The contract comprises engineering, procurement, construction and installation of subsea production systems, controls, pipelines, and umbilicals. The three fields will be tied back to the Edvard Grieg and Ivar Aasen production platforms. The…
1 February 2023
Neptune Energy commences production at Cygnus 10th gas well
Neptune Energy and its partner, Spirit Energy announced production has commenced from the 10th well at its operated Cygnus gas field in the UK southern North Sea, unlocking additional supplies for UK homes and businesses. With the start-up of production from the 10th well, the Neptune-operated Cygnus gas facility is…
1 February 2023
McDermott and Eunice Energy Group to Collaborate on Greece-Africa Power Interconnection
McDermott and Eunice Energy Group announce the signing of a memorandum of understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt, known as the Greece-Africa Power (GAP) Interconnector project. Eunice Energy Group is leading the transnational consortium between Greece and Egypt for the GAP…
1 February 2023
Ibiza-Formentera submarine cable interconnection
Prysmian Group, world leader in the energy and telecom cable systems industry, announces the successful completion of the cable laying and burial operations for the submarine power interconnection between Ibiza and Formentera. The announcement, confirming that those operations had been completed, was released during the visit onboard Prysmian Group’s cable-lying…
31 January 2023
Spirit Energy launches plan for carbon storage cluster
Spirit Energy, the joint venture energy company of Centrica plc and Stadtwerke München GmbH (SWM), has today (Tuesday 31st January) confirmed its plan to convert its depleted South Morecambe and North Morecambe gas fields and Barrow Terminals into a world-class carbon storage cluster. If granted a licence by the North…
31 January 2023
Energy services sector set to grow to $1 trillion in 2025
Rystad Energy expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter. Helped by strong growth in the midstream part of the industry to liquefy, transport, and re-gasify natural gas, overall oil…
31 January 2023
Fugro’s uncrewed surface vessel provides TAQA with safer and more sustainable offshore inspections
Fugro has completed its first fully remote offshore survey inspection in the North Sea for energy company TAQA using one of its Blue Essence® uncrewed surface vessels (USV) with Blue Volta® electric remotely operated vehicle (eROV). Fugro uncrewed surface vessel (USV) The complex project, in Europe’s busiest part of the…
31 January 2023
New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade
The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to improve portfolios by adding lower-carbon, lower-cost advantaged hydrocarbons, the sector created at least $US33 billion of value and achieved full-cycle returns of 22%, at $US60/barrel Brent prices, according…