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20 December 2022
Eni and Snam form a joint venture to develop the first CCS project in Italy
Eni Chief Executive Officer Claudio Descalzi and Snam Chief Executive Officer Stefano Venier signed an agreement to jointly develop and manage Phase 1 of the Ravenna Carbon Capture and Storage (CCS) Project, through an equal joint venture. The agreement also includes the implementation of studies and preparatory activities for the…
20 December 2022
Asso.subsea to perform Boulder Clearance and Pre-trenching services for the 1.4 GW Sofia Offshore Wind Farm
Asso.subsea, a specialized global contractor in the submarine cable industry, has signed a contract with the balance of plant contractor Van Oord to provide boulder clearance and pre-trenching services for more than 80 km along the inter-array cable routes of Sofia Offshore Wind Farm in the UK, owned by RWE.…
20 December 2022
Vattenfall gets to build Finland's first large offshore wind farm
Vattenfall has entered a joint venture with Metsähallitus to build and operate Finland’s first major offshore wind farm. The project, located at Korsnäs off the Finnish west coast, will have a capacity of 1.3 GW and a potential annual production of 5 TWh. Vattenfall was selected in the first of…
20 December 2022
Australia’s first offshore wind industry one step closer
An Australian offshore wind industry is one step closer, with the Australian Government declaring an area in the Bass Strait off Gippsland as the first area suitable for developing offshore wind energy projects. The declared area in Gippsland, Victoria, covers approximately 15,000 square kilometres, and runs from offshore of Lakes…
19 December 2022
The DEA issues permits for preliminary site investigations of three possible Offshore Wind Farms sites
On 16 December 2022, the Danish Energy Agency has issued permits to the Danish TSO, Energinet, regarding initiation of preliminary site investigations in the Kattegat II and Kriegers Flak II areas as well as the new location chosen for the Hesselø offshore wind farm.More.
19 December 2022
OX2 to investigate the possibility to develop offshore hydrogen pipeline in the Baltic Sea
OX2 has agreed with Gasgrid Finland and Nordion Energi, gas transmission system operators (TSOs) in Finland and Sweden, and Copenhagen Infrastructure Partners to explore the possibility to develop a new offshore hydrogen pipeline infrastructure to enable transportation of clean, sustainable hydrogen connecting Finland, Åland, Sweden, Denmark and Germany. The project,…
19 December 2022
Aibel to construct platform concept of the future
The contract is an EPChc contract where Aibel is responsible for engineering, procurement and construction connected with delivering an unmanned process platform, also known as an UPP. The project will be based on Aibel's FEED (Front-End Engineering and Design) for Krafla UPP, now Munin, which was awarded in 2021. Key…
19 December 2022
Prism Energy Announces One-Year Contract Award From North Sea Operator
Prism Energy, an Aberdeen-based project & risk management consultancy to the energy sector, announces today (Friday 16th December) a one-year contract with Ithaca Energy for the use of its digital project management system. Prism Energy will provide digital systems for risk management, action tracking, lessons learned, interface queries & management…
19 December 2022
DNO Increases Stake in Berling; Updates Norwegian Development Plans
DNO ASA, the Norwegian oil and gas operator, announced the acquisition of an additional 10 percent stake in the Berling (previously Iris Hades) field development project from Sval Energi AS. Following the acquisition, DNO Norge AS holds a 30 percent interest in the 2018 gas and condensate discovery offshore Norway,…
19 December 2022
Scana company awarded contract for deep-water riser system
Scana-owned PSW Technology has signed an important agreement with Northern Ocean Operations Ltd. (“Northern Ocean”) for a deep-water riser system. The agreement involves the sale of a complete marine riser system to Northern Ocean for Ultra deep-water operations. The work also includes project management, inspection, repair and logistics of the…
19 December 2022
PGS Expands MultiClient Coverage in the Sabah Platform Province
PGS has secured pre-funding to expand MultiClient 3D coverage in the prospective Sabah platform province offshore Malaysia. The survey will cover approximately 3,500 square kilometers and Ramform Sovereign is scheduled to commence acquisition in January 2023 and the project is expected to complete in March. This survey is the sixth…
19 December 2022
Hellenic Cables undertakes the electrical interconnection between Zakynthos and Kyllini, Greece
Hellenic Cables, the cables segment of Cenergy Holdings, commissioned by IPTO to carry out the electrical interconnection between Zakynthos and Kyllini, Greece with a total length of 23km. The “turnkey” project includes the design, manufacturing and supply of 150kV land and submarine high voltage cables as well as the associated…
19 December 2022
Global Maritime completes marine warranty on innovative, 'first-of-its-kind' project for Corpower Ocean
Global Maritime have completed marine warranty surveying (MWS) services on CorPower Ocean’s HiWave-5, a flagship project developing a grid connected demonstration wave farm in a push to make wave energy competitive with wind and solar by 2030. Located approximately 5.5 km off the north coast of Portugal the project utilises…
16 December 2022
Ofgem approves transmission investments required for 2030 Government targets
SSEN Transmission welcomes Ofgem’s approval of the need for the strategic electricity transmission reinforcements required to deliver the UK Government’s 50GW offshore wind by 2030 target, set out as part of the regulator’s Accelerated Strategic Transmission Investment (ASTI) framework. Today’s decision confirms that all SSEN Transmission projects identified by the…
16 December 2022
Krafla to be developed using ground-breaking concept
Along with Aker BP, Equinor has made an investment decision and will today submit a plan for development and operation for Krafla to the Minister of Petroleum and Energy. Aker BP will be developing Krafla along with the Fulla and North of Alvheim discoveries in the same area. Krafla was…
16 December 2022
Johan Sverdrup Phase 2 on stream
At 11:15 on 15 December production started from Johan Sverdrup Phase 2. When the Johan Sverdrup field reaches plateau production, every third Norwegian oil barrel will come from this giant field, which for decades will be essential to ensuring high and stable energy deliveries from Norway. “The entire Johan Sverdrup…
16 December 2022
Reducing CO2 emissions at Draugen field by 200,000 tonnes per year from 2027
OKEA and Equinor in collaboration with the license partners will electrify the Draugen and Njord A platforms. The partners have made an investment decision and handed over revised plans for development and operation (PDO) to the Ministry of Petroleum and Energy. The project will reduce emissions by a total of…
16 December 2022
Aker Solutions Secures Maintenance and Modifications Work for Aker BP
Aker Solutions has signed a two-year contract extension for maintenance and modifications work for Aker BP's operated field centers Valhall, Ula, Alvheim and Skarv offshore Norway. The awarded work follows the existing contract where Aker Solutions and Aker BP work under a joint maintenance and modifications alliance model and has…
16 December 2022
Subsea 7 confirms contracts offshore Norway
Subsea 7 S.A. confirmed the award of three contracts by Aker BP; a major1 contract for Yggdrasil field development project (formerly NOAKA), a large2 contract for Skarv Satellite Project and a substantial3 contract for Valhall PWP-Fenris project, all located offshore Norway. The awards were pre-announced on 8 December 2022 and…
16 December 2022
Shell and Eneco win bid to develop 760 MW offshore wind power in the Netherlands at Hollandse Kust (west) VI
Shell and Eneco have won the tender to build an offshore wind farm at Hollandse Kust (west) lot VI. The project will have an installed capacity of approximately 760 MW and will be located approximately 53 kilometres off the Dutch coast from the town of IJmuiden. The new wind farm…
16 December 2022
Northland Power Announces Strategic Partnership in Hai Long With Gentari
Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today signed an agreement with Gentari International Renewables Pte. Ltd. (“Gentari”) –who have agreed to acquire 49% of Northland’s ownership interest in the Hai Long offshore wind project (the “Project”) located in Taiwan. Upon closing, the transaction will result in Gentari…
15 December 2022
Searcher releases East India 2D rectified and reprocessed datasets into the excitement of the OALP9 2022/3 bid round announcement
Searcher, a leading provider of global multi-client geoscience data, is pleased to announce the release of its East Coast India Rectified and Reprocessed 2D Dataset following the announcement of the India Offshore Bid Round OALP9 2022/3. The Offshore India License Round includes 9 blocks East of India in the Krishna…
15 December 2022
Tullow signs PSC for new offshore exploration licence in Côte d’Ivoire
Tullow Oil plc (Tullow) is pleased to announce the signing of a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity, the remaining 10% is held by PetroCi. CI-803 covers an area of 1,345 square kilometres and is adjacent…
15 December 2022
Offshore Wind Energy Industry Expects the Lowest Investment Activity for 10 years
While governments are racing to meet energy independence and climate goals, 2022 is set to be a record-low year for investment activity in a critically important renewable energy technology: offshore wind. To date in 2022, only around 800 MW (0.8 GW) of electricity generation capacity across a handful of small…
15 December 2022
Bacton could provide decades of clean energy for up to 20 million homes and businesses
Low carbon hydrogen could heat up to 20 million homes and businesses across London and the South East of England for decades to come, according to a new industry report. The Bacton Energy Hub (BEH), a Carbon Capture and Storage (CCS) hydrogen project, located on the coast of Norfolk, could…
15 December 2022
ACE platform jacket ready for load-out
bp as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development project is pleased to announce that the jacket of the Azeri Central East (ACE) platform built at the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) is ready for load-out to sail away to its permanent location in the ACG contract…
15 December 2022
Technip Energies Selected by Renexia for the Med Wind Project – The World’s Largest FEED for Floating Offshore Wind Development
Technip Energies has been selected by Renexia to perform the front-end engineering and design (FEED) for the Med Wind floating offshore wind project, located in the Mediterranean Sea, 60 kilometers off the west coast of Sicily. The scope of work covers the FEED for the 190 floating foundations and moorings…
15 December 2022
Copenhagen Infrastructure Partners is awarded 500-600 MW offshore wind in Taiwan
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure IV (CI IV), has been allocated 500-600 MW of capacity in the first round of the Taiwan’s Round 3 Zonal Development offshore wind auction. On 14 December 2022 it was announced that CI IV’s Fengmiao offshore wind project, located ~35km off…
15 December 2022
CGG Enters into Utsira OBN Multi-Client Reprocessing Agreement with Carbon Transition
CGG announces an agreement with Carbon Transition (under its subsidiary Axxis Multi Client) to reprocess the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea. The reprocessing project has significant industry support and leverages strong demand for high-definition seismic imaging in this highly prospective area. CGG will…
15 December 2022
Saipem awarded new offshore contracts for a total amount of approximately 1.2 billion USD
Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth…
14 December 2022
MTN GlobalConnect, MTN South Africa land 2Africa subsea cable in Western Cape to strengthen internet connectivity
MTN South Africa and MTN GlobalConnect, in partnership with the 2Africa consortium, which includes China Mobile International, Meta, MTN GlobalConnect, Orange, center3, Telecom Egypt, Vodafone and WIOCC, are pleased to land the 45 000km 2Africa cable in Yzerfontein and Duynefontein, South Africa. For MTN GlobalConnect, this landing is the first…
14 December 2022
Wintershall Dea submits plan for development of the Dvalin North gas field
Wintershall Dea, and partners Petoro and Sval Energi, are set to increase gas exports to Europe with the development of the Dvalin North field in the Norwegian Sea. The handing over of the Plan for Development and Operation (PDO) on December 13 to the Norwegian Ministry of Petroleum and Energy,…
14 December 2022
UK Southern Gas basin - operational update and UK 33rd Licensing round
Phase I Development Platform and Subsea Front-End Engineering Design (FEED) contracts awarded to Petrofac. • Subsea FEED workstreams to detail the design of a 40 km pipeline from the Somerville platform to Shell Corvette platform and tie-in for the Anning platform. • Platform FEED workstreams to detail the design of…
14 December 2022
New 3D GeoStreamer Seismic Data in Northern Namibe Basin
Final KPSDM products are now available from PGS’ latest MultiClient 3D survey over Block 27 in the Namibe Basin, Angola, improving pre- and post-salt understanding of exploration potential. The 1 532 sq. km ANG BLK27 Namibe 3D GeoStreamer survey expands PGS’ seismic coverage in the Angolan sector of the basin…
14 December 2022
ONGC inks MoU with Shell for Carbon Capture, Utilization and Storage
Oil and Natural Gas Corporation Limited (ONGC) has signed a MoU with global petroleum giant Shell for cooperation in Carbon Capture, Utilization and Storage (CCUS) studies. The collaboration shall focus on joint CO2 storage study and EOR screening assessment for key basins in India including depleted oil and gas fields,…
14 December 2022
VTTI explores expansion of LNG import capacity in the Netherlands
VTTI explores the development of a floating liquefied natural gas (LNG) facility that will provide the Netherlands additional storage and import capacity for LNG. Additional capacity is needed to enhance the gas supply to the Netherlands and Europe, contributing to the security of supply. At the same time, it will…
13 December 2022
Ping Petroleum hands in plans to develop Avalon field to the UK Government
Ping Petroleum has handed in plans to develop Avalon field to the UK Government. Ping Petroleum said Avalon is expected to produce hydrocarbons for 15 years, with first oil expected in Q3 2025.More
13 December 2022
NeuConnect completes a year of significant milestones with early works now underway on first ever UK-German enegry link
Early works are now underway on the £2.4bn/€2.8bn NeuConnect project, capping a year of significant progress on the first direct energy link between the UK and Germany, and a vital new connection between two of Europe’s largest markets. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and…
13 December 2022
Petrofac secures brownfield EPC contract with ADNOC
Petrofac, a leading provider of services to the global energy industry, has been awarded a lump-sum engineering, procurement and construction (EPC) contract with ADNOC in the United Arab Emirates. Under the agreement, Petrofac’s Asset Solutions business will design and install facilities to optimise operations and reduce methane and greenhouse gas…
13 December 2022
INTOG offshore wind leasing attracts interest
Crown Estate Scotland has today (13 December) confirmed that a total of 19 applications have been made for its Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process.More
13 December 2022
Offshore wind company Havfram increases equity funding to USD 500 million, confirms that construction of first vessel is underway
Havfram, an offshore wind services company based in Norway, announced that it has secured an additional USD 250 million in equity funding through a partnership between its primary sponsor, Sandbrook Capital, and Canada’s PSP Investments The substantial equity funding, in addition to credit financing from commercial banks and export credit…
13 December 2022
Mainstream and SN2 partners to help Windport build industry capacity
bp, Mainstream Renewable Power, an Aker Horizons company, and Statkraft have signed a Memorandum of Understanding (MoU) with Windport in Mandal, Norway, to position the port at the forefront of offshore wind development. bp, Mainstream and Statkraft are partnering to pursue a bid to develop fixed-bottom offshore wind power at…
12 December 2022
NET9 open ocean aquaculture demonstrator design unveiled
A group of British and Irish companies have completed the latest phase of work on the Net9 fish farming solution. Net9 aims to address the safety, fish welfare and cost competitiveness challenges associated with bringing aquaculture into open ocean environments. Currently, fish and shellfish farms are located in sheltered bays…
12 December 2022
Moray West awards foundation installation contract to DEME offshore
After the successful completion of Moray East for Ocean Winds in 2020, DEME is pleased to announce that it will be back in the Moray Firth installing the foundations for another offshore wind farm in Scotland. Moray West is the second major project undertaken for Ocean Winds, which is leading…
12 December 2022
More gas to Hammerfest LNG: Askeladd on stream
Phase 1 of Askeladd will bring 18 billion cubic metres of gas and two million cubic metres of condensate to the market via the Hammerfest LNG plant on Melkøya. Askeladd is a satellite field of the Snøhvit Field and developed as a subsea tie-in to the Snøhvit facility and Hammerfest…
12 December 2022
SEA-KIT secures USV export deal
SEA-KIT International has announced a Uncrewed Surface Vessel (USV) export sale to ThayerMahan, a world leader in autonomous maritime solutions based in Connecticut, USA. The X-Class USV’s award-winning combination of extended range, high sea state endurance and payload capacity attracted ThayerMahan initially to the UK-based USV technology leader. The fact…
12 December 2022
Baker Hughes and Woodside Energy to Collaborate on Decarbonizing the Natural Gas Supply Chain
Baker Hughes (NASDAQ: BKR), an energy technology company, and Woodside Energy announced Thursday that they have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives that may have the potential to support Woodside’s climate strategy or its customers’ chosen decarbonization pathways. The MoU seeks to…
12 December 2022
PETRONAS Carigali, JX Nippon Enter into Heads of Agreement for BIGST Cluster, Offshore Peninsular Malaysia
PETRONAS Carigali Sdn Bhd (PCSB) entered into a Heads of Agreement (HOA) with JX Nippon Oil & Gas Exploration Corporation (JX Nippon) on 5 December 2022 to collaborate in developing a joint proposal to monetise the gas potential within the Bujang, Inas, Guling, Sepat and Tujoh (BIGST) fields, located offshore…
9 December 2022
NYCEDC Awards Conditional Designation to NorthPoint as Developer to Build Offshore Wind Facility at Rossville in Staten Island
New York City Economic Development Corporation (NYCEDC) has awarded a conditional designation as developer to NorthPoint Development with the goal to transform a Rossville Municipal Site, a 33-acre city owned waterfront industrial property in Staten Island into a state-of-the-art offshore wind (OSW) port facility, for manufacturing and assembling wind turbine…
9 December 2022
Share Biden-Harris Administration Announces Winners of California Offshore Wind Energy Auction
The Department of the Interior today announced results from the Bureau of Ocean Energy Management’s wind energy auction for five leases offshore California. The lease sale represents the third major offshore wind lease sale this year and the first ever for the Pacific region. The sale drew competitive high bids…