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9 December 2022
Consortium including DEME and LS Cable & System awarded export cable contract for Norfolk Vanguard Wind Farm
Vattenfall has awarded the export cable contract for the Norfolk Vanguard Offshore Wind Farm in the UK to preferred bidders, DEME Offshore and LS Cable & System. This swiftly follows a recent contract award to provide export cables for the Norfolk Boreas Wind Farm. The consortium will be responsible for…
9 December 2022
Awarded five-year contracts for two PSVs
Solstad Offshore ASA announces that its PSVs Normand Naley and Sea Frost have been awarded five-year contracts by Equinor UK Limited (Equinor). Both contracts will run for five years from January 2023. The contracts include options for further extensions. The Sea Frost, which has been on contract with Equinor since…
9 December 2022
Subsea7 - Aker BP's board approves field development projects offshore Norway
Subsea 7 S.A. recognises that on 1st December 2022, Aker BP's board of directors decided that Aker BP will vote for the approval of amongst others the NOAKA field development project, the Valhall PWP-Fenris project and the Skarv Satellite project. Aker BP is the operator of these development projects, which…
9 December 2022
Mainstream Renewable Power, Ocean Winds and Statkraft Sign Collaboration MoU with Aker Solutions for Floating Wind at Utsira Nord in Norway
Mainstream Renewable Power ("Mainstream"), the global renewable energy company majority-owned by Aker Horizons, Ocean Winds and Statkraft have signed a memorandum of understanding (MoU) with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application…
9 December 2022
VAALCO Energy, Inc. Provides Operational Update
VAALCO Energy, Inc. provided an operational update including additional information on the North Tchibala 2H-ST well. Highlights In Gabon, the North Tchibala 2H-ST well was brought online in early November and flowed at a low, controlled rate to allow for cleanup and to minimize negative impact to the completion; Through…
8 December 2022
Tracerco secures contract to supply profilers to Scarborough Gas Field
One of the world’s leading providers of nucleonic instruments – Tracerco, part of Johnson Matthey Plc – has secured a contract to deliver its ProfilerTM technology to the Woodside Energy-owned Scarborough Gas Field located in the Indian Ocean, on the West Coast of Australia. Tracerco will deliver seven of its…
8 December 2022
NKT introduces power cable storage solution for faster offshore repair operations
NKT now offers a new long-term storage of spare cable lengths at its high-voltage site in Karlskrona, Sweden. The new solution uses specialized storage baskets and provides easier logistics for its customers as well as faster mobilization in case of unexpected cable repairs are needed. Reliability of interconnecting power cable…
8 December 2022
JOGMEC and INPEX Begin Joint Research for CCS Business Opportunity Assessment Aimed at GHG Emissions Reduction at Australian LNG Operation
Japan Organization for Metals and Energy Security (JOGMEC) and INPEX CORPORATION (INPEX) executed a Joint Research Agreement to evaluate the potential of the Bonaparte Basin to become a world-scale, carbon storage location. The joint agreement covers the Reiwa 4 (2022) fiscal year ~ Reiwa 7 (2025) fiscal year period. The…
8 December 2022
bp to explore potential for green hydrogen production in Egypt
bp signed a memorandum of understanding (MoU) with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the country. The MoU was signed by bp, Egypt’s New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), the…
8 December 2022
Aker Carbon Capture selected by Viridor as partner on pre-FEED study for Runcorn CCS
Aker Carbon Capture will support Viridor in the provision of a pre-FEED study for the Runcorn CCS project, which is located around 20 km from Liverpool. When in operation, the facility will be one of the first large scale carbon capture projects at an energy-from-waste facility in the world. The…
7 December 2022
STATS group take on world's largest diameter subsea pipeline intervention scope
STATS Group has been commissioned by UAE-headquartered Oil & Gas EPC Contractor National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (The Group), on behalf of a National Operating Company, to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention…
7 December 2022
TGS and PGS Expand Multi-client Coverage Offshore Brazil
TGS, a global provider of energy data and intelligence, today announced, in partnership with PGS, that it has secured pre-funding for the Santos Sul Multi-client 3D project in the southwest Santos Basin offshore Brazil. The TGS/PGS collaboration combines the operational and technical strengths of both companies to provide high-quality multi-client…
7 December 2022
PETRONAS Carigali Makes Significant Oil and Gas Discovery at Block SK306, Off Coast of Sarawak
PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS, announced an oil and gas discovery at the Nahara-1 well in Block SK306, located in the shallow waters of Balingian Province about 150 kilometres from Bintulu, off the coast of Sarawak, offshore Malaysia. The Nahara-1 well was successfully drilled to…
7 December 2022
North Star raises £140m investment to build next wave of renewables fleet
North Star has secured a £140million financing package to support the next phase of its ambitious offshore wind growth plan as it looks to broaden its position as the UK’s leading service operations vessel (SOV) operator and seize new opportunities in Europe. The investment includes a £50million commitment from the…
7 December 2022
CNOOC announced that the Enping 15-1/10-2/15-2/20-4 oilfield group joint development project was put into production
China National Offshore Oil Corporation announced that Enping 15- The 1/10-2/15-2/20-4 oilfield group joint development project was put into production. The Enping 15-1/10-2/15-2/20-4 oilfield group is located in the eastern part of the South China Sea, with an average water depth of about 90 meters. The main production facilities of…
6 December 2022
Plenitude strengthens its presence in Italy and Spain by signing an agreement to acquire 100% of PLT
Plenitude has signed an agreement to acquire 100% of PLT (PLT Energia S.r.l and SEF S.r.l. and their respective subsidiaries and affiliates), an integrated Italian group producing electricity from renewables and supplying energy to retail customers. Through this synergistic operation with its portfolio of renewable assets and retail customers, Plenitude…
6 December 2022
The Danish Energy Agency grants the first permit for a CO2 storage project in Denmark
The Danish Energy Agency gives permission for Greensand's pilot project. The project includes the injection and storage of up to 15,000 tonnes of CO2 in the former Nini West oil field over a four-month period. The permit marks an important Danish milestone, as it is the first time permission has…
6 December 2022
Verdande: Securing higher production on the Norne vessel
Equinor has, on behalf of the partnership, submitted the plan for development and operation (PDO) for Verdande to the Ministry of Petroleum and Energy. The subsea development secures important oil volumes to the Norne production vessel. Verdande will be put on stream in the fourth quarter of 2025. “Verdande will…
6 December 2022
Noreco Takes FID on Two Halfdan Infill Wells to Increase Gas Production From 2023
Norwegian Energy Company ASA ("Noreco" or the "Company") is pleased to announce a Final Investment Decision ("FID") on two infill wells, where the first well is expected to be drilled by the jackup rig Shelf Drilling Winner in the early spring of 2023. The two wells will be drilled at…
6 December 2022
Yinson enters into agreement for preliminary activities for Agogo project in Angola
Yinson Production (“YP”) through its wholly owned subsidiary, Yinson Azalea Production Pte Ltd, has entered into an Agreement for Preliminary Activities (“APA”) with Azule Energy (“Azule”), through its wholly owned subsidiary Eni Angola S.p.A., to commence all preliminary activities for the provision, operation and maintenance of a floating, production, storage…
6 December 2022
Saipem strengthens its offshore drilling fleet: purchase option exercised for the Santorini drillship
Saipem has exercised its purchase option concerning the seventh-generation Santorini drillship, which is already operating within the Saipem fleet by way of a long-term charter agreement signed with Samsung Heavy Industries in 2021. The exercise price of the purchase option is 230 million USD, to be paid by the end…
5 December 2022
Plans for increased gas extraction from Oseberg approved
The Oseberg Area Unit partners will be investing in upgrades designed to provide increased gas production and reduced CO2 emissions. The plan for the Oseberg field was approved by the Ministry of Petroleum and Energy on Thursday, 1 December. In November 2021, Equinor submitted an amended application on behalf of…
5 December 2022
STATS awarded pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline
STATS Group has been commissioned by UAE-headquartered Oil & Gas EPC Contractor National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (The Group), on behalf of a National Operating Company, to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention…
5 December 2022
RWE expands its Irish offshore business with East Celtic acquisition
RWE, one of the world’s leading offshore wind companies, has acquired 100% of Irish company Western Power Offshore Developments Ltd, which is in the early stages of developing the East Celtic Wind Farm project off the coast of Ireland. Located around 10 km off the coast of Wexford and Waterford…
2 December 2022
Expro awarded well intervention and integrity contract for Apache
Energy services provider, Expro has announced a new $50 million contract with North Sea operator Apache Corporation on its Beryl and Forties assets. The fully integrated well intervention and integrity services contract, which has a primary term of three years, and two one-year extension options, involves pumping and optimization operations…
2 December 2022
Fugro awarded two US Gulf Coast mapping projects
The National Oceanic and Atmospheric Administration (NOAA) has awarded Fugro two mapping projects on the US Gulf Coast to monitor and quantify shoreline change in this flood-prone region.The projects, which are located in Texas and Louisiana, are underway and were awarded under an existing indefinite delivery indefinite quality (IDIQ) contract…
2 December 2022
Expansion of CCS activities in Denmark
Wintershall Dea is expanding its activities related to the long-term and safe underground storage of CO2 offshore in Denmark. Today, on Thursday, 1 December 2022, the company has joined other companies in signing an agreement to jointly mature and pursue the “Greenport Scandinavia” project. This consortium of companies intends to…
2 December 2022
OEUK report highlights skills shortages threaten the UK’s energy transition and security
Offshore Energies UK (OEUK), the leading trade body for the UK’s offshore energy industry, has launched a report pinpointing key skills shortages that could put the transition to cleaner energies at risk. OEUK’s annual Workforce Insight report also shows that retaining and recruiting the best people is critical to securing the country’s…
1 December 2022
Damen Shipyards and Van Stee Offshore sign contract for delivery of the first Multibuster 8020
At the Offshore Energy Exhibition & Conference 2022 Kommer Damen, Chairman of Damen Shipyards Group, and Arjan van Stee of Van Stee Offshore have signed a contract for the delivery next year of an 80-metre Multibuster 8020 ultra-shallow draught, multi-purpose workboat. Van Stee’s Multibuster 8020 is the first of a…
1 December 2022
Eolus and Simply Blue Group in partnership to develop four offshore floating wind projects in the Baltic Sea
Eolus and Simply Blue Group have agreed to co-develop floating offshore wind in The Baltic Sea. The joint venture named SeaSapphire, powered by Eolus and Simply Blue Group, is commencing the early development of four commercial scale floating offshore wind parks in The Baltic Sea – two projects in Sweden…
1 December 2022
Four leading operators collaborate to accelerate well decommissioning technologies
The Net Zero Technology Centre (NZTC) has announced Harbour Energy, ConocoPhillips, Spirit Energy and Repsol Sinopec as members of its well decommissioning collaboration initiative. Actively supported by the Technology Leadership Board (TLB), North Sea Transition Authority (NSTA) and Offshore Energies UK (OEUK), the well decommissioning initiative will enable new technologies…
1 December 2022
Halliburton installs first downhole electro-hydraulic wet-connect in deepwater Brazil
Halliburton Company today announced a successful installation of the industry's first single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil - a significant achievement in downhole electric completion technology. The Halliburton Fuzion-EH connector helps increase well recovery factors by maintaining integrity of Halliburton's SmartWell® completion systems throughout the well's lifecycle.…
1 December 2022
Fugro launches state-of-the-art geotechnical vessel for safe and sustainable offshore operations
Fugro Quest, a state-of-the-art vessel equipped with advanced deep-water technology, is the newest addition to Fugro’s geotechnical vessel fleet. Fugro uses this type of vessel to determine the exact composition of the soil; the resulting data are essential to establish the optimal location and design of offshore developments, such as…
30 November 2022
Horisont Energi and E.ON sign letter of intent on industrial-scale CO2 storage in the North Sea
Horisont Energi and E.ON are intensifying their existing collaboration to jointly build a European carbon value chain. Today, both companies signed a letter of intent, whereby E.ON intends to provide more than one million tons of existing CO2 per year from its European customer sites by 2030, starting from 2027…
30 November 2022
Kent secures a three-year contract with INEOS
Kent, a leading engineering company in oil and gas and low-carbon energy, has secured a three-year framework contract for Structural Integrity Analysis Modelling Services for INEOS UK SNS Ltd. Kent will support the safe and sustainable structural integrity management of existing offshore facilities at the Breagh Alpha and Clipper South…
30 November 2022
Global Petroleum Limited Operational Update
Global Petroleum Limited provides an update of its operations. Namibia Global is pleased to announce that it has agreed with Searcher Geodata UK Ltd (“Searcher”), to sponsor an Environmental Impact Assessment (“EIA”) to be managed by Searcher, ahead of a multi-client 3D seismic data survey planned by Searcher in the…
30 November 2022
Nexans makes game-changing step connecting French and Irish grids
Nexans has been awarded the contract for the Celtic Interconnector developed jointly by the Irish and French Transmission System Operators (EirGrid and RTE - Réseau de Transport d’Electricité). This 700 MW capacity project is the world longest XLPE interconnector to be built and the first subsea link for direct electricity…
30 November 2022
bp starts production from Trinidad and Tobago’s Cassia C facility
bp Trinidad and Tobago LLC (bpTT) has confirmed its Cassia C development has safely delivered first gas. Cassia C is bpTT’s first offshore compression platform and its biggest offshore facility. It will enable bpTT to access and produce low pressure gas resources from the Greater Cassia Area. The platform, bpTT’s…
30 November 2022
ExxonMobil, Mitsubishi Heavy Industries form carbon capture technology alliance
ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. ExxonMobil, Mitsubishi Heavy Industries form carbon capture technology alliance ExxonMobil adds Mitsubishi Heavy Industries’ carbon capture technology to its integrated…
30 November 2022
Meridian's Southern Green Hydrogen Project selects Woodside Energy as preferred partner
Meridian, with the support of Ngāi Tahu, have selected Woodside Energy (Woodside) as the preferred partner to move forward to the development stage of the proposed Southern Green Hydrogen (SGH) project in New Zealand. A final investment decision will follow the development stage. Woodside was selected after an extensive competitive…
30 November 2022
PETRONAS Carigali Reaches Final Investment Decision for Kasawari CCS Project Offshore Sarawak
PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS, has reached the Final Investment Decision (FID) for the development of its Kasawari CO2 Sequestration (CCS) project offshore Sarawak. The FID was approved on 20 October 2022, followed by the award of the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC)…
29 November 2022
Vestas selected as preferred supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea
Offshore wind energy is rapidly expanding to all parts of the world and advancements within floating foundations enable offshore wind power to serve new markets. In many countries, especially the Asia Pacific region, floating wind is considered a crucial driver to achieve their renewable energy goals, because of regional geographic…
29 November 2022
Jersey Oil and Gas plc Licence Extension
Highlights Orcadian has entered into a binding Memorandum of Understanding (MoU) with SLB (formerly Schlumberger) to deliver core services for the wells on the Company’s Pilot project. SLB made a compelling commercial and technical proposal with a strong focus on decarbonisation. The parties now plan to develop a comprehensive Project…
29 November 2022
Neptune extends contract for Seamar Splendid
SeaMar are pleased to announce we have secured a second extension of the contract with Neptune Energy Netherlands B.V. (Neptune) for the charter of the DSV SeaMar Splendid. The initial contract obtained in 2019 for 3 years firm and 2 one-year options was extended by one year at the end…
29 November 2022
Sangomar FPSO construction phase completed
Woodside Energy has passed another important milestone for the Sangomar Field Development Phase 1 with the completion of the construction phase for the floating production storage and offloading (FPSO) facility which will be deployed at the field offshore Senegal. Woodside awarded the contract for supply of the FPSO to MODEC,…
29 November 2022
EIOF - Eidesvik Offshore completes sale of CSV Viking Neptun
Eidesvik Neptun AS, a subsidiary of Eidesvik Offshore ASA, has completed the sale of CSV Viking Neptun to Dredging, Environmental and Marine Engineering NV (“DEME”). Eidesvik will recognize a gain on the sale of approximately MNOK 270. After debt repayment, the liquidity position is improved by around MNOK 340 from…
28 November 2022
Reach Subsea secures cost attractive long-term vessel capacity through acquisition of Edda Sun and charter of Go Electra
Reach Subsea ASA the trusted data and subsea service provider for ocean-based industries, has secured significant vessel capacity for the coming four years through an agreement to acquire the multipurpose ROV support vessel Edda Sun for USD 29 million and a charter contract for the multipurpose ROV support vessel Go…
28 November 2022
ODL – Options Exercised for Deepsea Atlantic on Johan Sverdrup Phase 2
Equinor has exercised its priced options for the Deepsea Atlanticto drill five additional wells on the Johan Sverdrup Phase 2 development under the contract entered into with Odfjell The five wells are anticipated to take approximately 190 days with anapproximate value of USD 64M and extends the Deepsea Atlantic’s firm…
28 November 2022
Wood Mackenzie identify deepwater as fastest-growing upstream sector
Deepwater is the fastest growing upstream oil and gas resource theme. From just 300,000 barrels of oil equivalent per day (boe/d) in 1990, production is expected to hit 10.4 million boe/d in 2022. By the end of the decade, that figure should pass 17 million boe/d.Deepwater production is set to…
28 November 2022
Westwood reports declining North Sea rig supply as units leave region
Westwood Energy have reported that North Sea semi supply has shrunk by 36% or by 17 units between January 2015 and November 2022, following a prolonged lack of demand for these units, especially in the more mature UK sector. Although rig utilisation increased to 90% in July 2022, the highest figure recorded…