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7 October 2022
Atlantic Shores selects Vestas as preferred turbine supplier for its 1.5 GW project in New Jersey, USA, powering over 700,000 homes
After a thorough and competitive process, Atlantic Shores Offshore Wind (Atlantic Shores), a 50:50 partnership between Shell New Energies and EDF Renewables, is proud to announce its selection of Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Vestas will provide its industry…
7 October 2022
Reabold Resources plc Execution of SPA for Sale of Corallian to Shell for £32 million Gross
Reabold, the AIM quoted investing company with a portfolio of upstream oil and gas projects, is pleased to provide the following update on the conditional sale of its investee company, Corallian Energy Limited ("Corallian" or "CEL") to Shell U.K. Limited ("Shell"), further to its announcement of 14 September 2022. Reabold…
7 October 2022
Energean plc Hermes Well Results and Next Drilling Targets
Energean plc has announced that the Hermes exploration well has made a commercial gas discovery of between 7 and 15 bcm and that the Stena IceMax drilling rig has moved to block 12 to drill the Zeus structure. Hermes well results The Hermes exploration well, block 31, offshore Israel, has…
7 October 2022
DORIS and Hyundai Heavy Industries team up for the FEED of the first Commercial Floating Wind Farm in South Korea
HHI consortium has been awarded a Front-End Engineering Design (FEED) contract by Corio Generation and TotalEnergies for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the east coast of South Korea. The FEED contract covers the full integrated scope of activities related to the floating units, including the…
6 October 2022
Shelf Drilling secures 2-year contract extension in Denmark
Shelf Drilling, Ltd. announced that its subsidiary, Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea” or “SDNS”) has secured a two-year contract extension for the Noble Sam Turner jack-up rig in direct continuation of its current contract in Denmark by way of a priced option exercise by the customer.…
6 October 2022
Wintershall Dea awarded its first CO2 licence in Norway
Wintershall Dea and its partner CapeOmega have been awarded a CO2 storage licence in the Norwegian North Sea by the Ministry of Petroleum and Energy. Wintershall Dea will be operator of the Luna licence which is located 120km west of Bergen, and is estimated to hold a CO2 storage injection…
6 October 2022
ADC Energy Secures Contract With PETRONAS Carigali Sdn Bhd (PCSB)
ADC Energy Ltd (ADC) formally known as Aberdeen Drilling Consultants Ltd, through its local partner, Onyx IES Sdn. Bhd. (Onyx) has secured a three-year contract to deliver its rig integrity and inspection services to PETRONAS Carigali Sdn.Bhd (PCSB), a subsidiary of PETRONAS. PETRONAS is a global energy and solutions partner…
6 October 2022
Dolphin Drilling confirms Blackford Dolphin contract in Nigeria
Dolphin Drilling AS announces the award of the 12-month contract for Blackford Dolphin by General Hydrocarbons Limited (GHL) in Nigeria. The contract has a total value of approximately USD 96 million. “We are proud to announce the final award of the Blackford Dolphin contract, proving our position in the niche…
6 October 2022
Horisont Energi and Neptune Energy sign project agreement for the CCS project Errai
Horisont Energi announced the signing of a project agreement with Neptune Energy to develop the Errai Carbon Capture and Storage (CCS) project in Norway. The project agreement builds on the memorandum of understanding that was announced on 30 August 2022. The partners are now setting up a project organisation to…
6 October 2022
CorPower Ocean and Maersk Supply Services install subsea cable for HiWave-5 Project
CorPower Ocean and Maersk Supply Services have successfully installed a 6.2km subsea export cable off the coast of northern Portugal to energise the flagship HiWave-5 Project. The 100-tonne cable was installed using the Maersk Achiever vessel and will provide power and data connection from an on-land substation in Aguçadoura to…
6 October 2022
Shelf Drilling announces completion of the acquisition of five premium jack-ups
Reference is made to the announcements made on June 23, 2022 by Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) concerning the agreement by its subsidiary Shelf Drilling (North Sea), Ltd. (“SDNS” or “Shelf Drilling North Sea”) to acquire five jack-up rigs from various subsidiaries (“Sellers”) of Noble…
6 October 2022
New Energy System Prepares Seven Arctic for the Future
Subsea7 has announced that the heavy construction / flex-lay vessel Seven Arctic is to be equipped with a new energy-saving system. The new energy-saving and storage system will hybridise the vessel which currently has a total installed power of 27 MW and DP3 classification and is suitable for worldwide operations in…
5 October 2022
Shearwater GeoServices delivering next generation deepwater dual ROV OBN deployment vessel to industry
Shearwater GeoServices Holding AS (“Shearwater”) is set to introduce the geophysical company’s first dual ROV seismic vessel, equipped with a broad scope of operational capabilities. Designed to deploy ocean bottom nodes in both deep and shallow water the vessel will also be able to provide high quality source for surveys…
5 October 2022
Deme upgrades DP fallpipe vessel fleet
In light of upgrading its fallpipe vessel fleet, DEME has taken the decision to invest in a new DP fallpipe vessel by purchasing and converting a bulk carrier. This important move highlights DEME’s commitment to its customers and to rejuvenate its fleet for the offshore energy industry. An agreement with…
5 October 2022
Valaris Announces Contract Awards and Fleet Status Updates
Valaris Limited announced new contracts and contract extensions, with associated contract backlog of $95 million, awarded subsequent to issuing the Company’s most recent contract awards and fleet status update on September 1, 2022. Contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements. Option exercised by TotalEnergies…
5 October 2022
Lamprell and International Maritime Industries complete load-out and float-off of second jackup rig
Lamprell (together with its subsidiaries, “the Group”) and International Maritime Industries (IMI) announced the successful completion of the load-out and float-off of the second jackup drilling unit being constructed for IMI. The new rig will now undergo intensive mechanical completion and commissioning before being transferred to IMI’s yard in Ras…
5 October 2022
Balfour Beatty joins forces with Aker Solutions to collaborate on UK offshore wind opportunities
Balfour Beatty, the international infrastructure group, today announces that it has signed a memorandum of understanding with Aker Solutions – an integrated solutions, products and services provider to the global energy industry – to deliver end-to-end design and construction solutions for the concrete floating and gravity-based UK offshore wind industry.…
5 October 2022
Tyra II: Successful Lift of Process Module
Norwegian Energy Company ASA has announced the successful offshore lift and of the Tyra II process module (the "TEG") on the 4th October The 17,000 metric tons process module was safely lifted onto the waiting jackets and installed by Heerema Marine Contractors' Sleipnir – the world's largest crane vessel. Following…
5 October 2022
TGS Announces Completion of the NOAKA22 OBN Seismic Acquisition
TGS, a global provider of energy data and intelligence, announces the successful completion of its 2022 NOAKA Ocean Bottom Node (OBN) seismic survey. The survey was completed two weeks ahead of schedule, marking the second successive season of dense OBN data acquisition in the NOAKA region on the Norwegian Continental…
5 October 2022
Petrobras advances in the development of the Búzios Field and signs a contract for the construction of the P-82 platform
As a result of the advance of the development project in the Búzios field, in the pre-salt layer of the Santos Basin, Petrobras signed today, 4/10, with the company Sembcorp Marine Rigs & Floaters, a contract for the construction of the P-82 platform. An FPSO type (floating oil production, storage…
4 October 2022
Shearwater GeoServices awarded large Petrobras deepwater OBN survey
Shearwater GeoServices Holding AS announced an award for a large deepwater ocean bottom node (OBN) survey over the Petrobras-operated Grand Iara Project, involving the Berbigão, Sururu, and Shared Reservoir of Atapu, in the Santos Basin offshore Brazil. The project is scheduled to start in first quarter 2023 and is expected…
4 October 2022
Major milestone in Northern Endeavour decommissioning contract
Petrofac, a leading provider of services to the global energy industry, has officially taken over operatorship of the Northern Endeavour FPSO (Floating Production, Storage and Offtake) facility on behalf of the Australian Government. This major milestone is a huge step in the landmark decommissioning contract which heralds the start of…
4 October 2022
Contract extension - DOF Rederi
Equinor Energy AS has exercised its option to extend the firm period of the contract for Skandi Flora by 1 year. The extension is applicable from 4th October.
4 October 2022
Shell invests in Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater development
Sabah Shell Petroleum Company Ltd (SSPC) announced it has taken a final investment decision (FID) on Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater offshore development project, with its co-venturers. SSPC is the operator of the Gumusut-Kakap semi-submersible Floating Production System (GK-Semi FPS) located off the coast of Sabah, offshore…
4 October 2022
Eco Atlantic announces Commencement of Operations on the Gazania-1 well, offshore South Africa
Eco Atlantic, the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well. Eco holds a 50% Working Interest ("WI") in Block 2B…
4 October 2022
Sval Energi completes USD 1.3 billion deals
Sval Energi AS strengthens its position on the Norwegian Continental Shelf by closing the previously announced Martin Linge and Greater Ekofisk Area transactions with Equinor and the acquisition of Suncor Energy Norge AS. The acquisitions from Equinor of holdings in the Martin Linge Unit and the Greater Ekofisk Area closed…
4 October 2022
Noble and Maersk Drilling Close Business Combination, Creating a New and Dynamic Leader in Offshore Drilling
Noble Corporation plc announced that the business combination with The Drilling Company of 1972 A/S ("Maersk Drilling") has been successfully completed. The transaction concluded through the completion of Noble's recommended voluntary public share exchange offer to the shareholders of Maersk Drilling. The companies are now operating as a single organization…
4 October 2022
Over 1.5 billion boe prospective resource in Bedout Sub-basin top 20 targets
Carnarvon Energy Limited (“Carnarvon”) (ASX:CVN) is pleased to provide an update on exploration prospectivity and potential near-term drilling opportunities acrossthe company’s acreage in the Bedout Subbasin. More than 100 prospects have been identified across Carnarvon’s acreage (WA-435-P, WA-436-P, WA-437-P and WA-438-P (collectively “Bedout Permits”)), covering a broad range of play…
3 October 2022
Contract award for PSV in Brazil
Solstad Offshore ASA is pleased to announce that PSV Normand Titus has been fixed to Trident Energy do Brasil Ltda for one year firm plus one year option. The contract commences early fourth quarter 2022 and the vessel will support Trident Energy’s activities in Brazilian waters.
3 October 2022
Drilling permit for 16/2-23 S
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS drilling permit for wellbore 16/2-23 S, cf. Section 13 of the Resource Management Regulations.
3 October 2022
2021 UK Oil and Gas Reserves and Resources report
The NSTA have published the 2021 UK oil and gas reserves and resources report, which finds that petroleum reserves remain at a significant level. Official government forecasts suggest that oil and gas will remain an important and critical part of our energy mix as we transition to net zero. The full…
3 October 2022
Wood awarded two offshore energy contract extensions in Brazil
Wood has been awarded two significant offshore contract extensions in Brazil. They include the provision of operations services for Trident Energy and maintenance solutions for Equinor. In July, Wood and Trident Energy signed an agreement to perform production and deck operation services onboard platforms P08, P65, PCE1 and PPM1. This…
3 October 2022
Salt designs Bay du Nord FPSO hull
Salt Ship Design AS designs harsh environment FPSO hull for the Bay du Nord project for Equinor and licence partner BP. Salt has been working closely with Equinor over quite some time to develop an FPSO with enhanced motion characteristics and purpose made for operation in the exposed weather conditions…
3 October 2022
Expro completes subsea decommissioning project on Ireland's first indigenous gas wells
Leading energy services provider Expro (NYSE: XPRO) has successfully completed the plug and abandonment (P&A) of Ireland’s first indigenous gas wells. Expro provided the delivery of integrated subsea and well test services over an eight-month period to intervene, plug and abandon subsea wells from a mobile offshore drilling unit located…
3 October 2022
Name change to Barryroe Offshore Energy plc
Further to a resolution of the shareholders at its AGM on 27th July 2022, the Board of Providence Resources P.l.c. (PVR), the Irish based energy company, confirms that its name change to Barryroe Offshore Energy plc, is anticipated to take effect on 27th September 2022. The Company's new ticker will…
3 October 2022
Vattenfall signs grid contract with Siemens Energy and Aker Solutions
Vattenfall has signed a contract with Siemens Energy and Aker Solutions AS to deliver grid connection infrastructure for the Norfolk Boreas Offshore Wind Farm off the British coast. The contract gives Siemens Energy and Aker Solutions the responsibility for engineering, procurement, construction and installation of the High Voltage Direct Current…
30 September 2022
Huisman awarded contract by Heerema for Motion Compensated Pile Gripper
Huisman has been awarded a contract by Heerema Marine Contractors for the delivery of a state-of-the-art Motion Compensated Pile Gripper. Huisman awarded contract by Heerema for Motion Compensated Pile Gripper This will be the third Motion Compensated Pile Gripper to be built by Huisman. This technology plays a significant part…
30 September 2022
Huisman awarded contract by Heerema for Motion Compensated Pile Gripper
Huisman has been awarded a contract by Heerema Marine Contractors for the delivery of a state-of-the-art Motion Compensated Pile Gripper. Huisman awarded contract by Heerema for Motion Compensated Pile Gripper This will be the third Motion Compensated Pile Gripper to be built by Huisman. This technology plays a significant part…
30 September 2022
DOF Subsea contract awards in Atlantic region
DOF Subsea has announced multiple new project awards and a contract extension in the Atlantic region. The projects combined, totals more than 500 vessel days excluding optional work, and a combined revenue of more than 80 million USD. Skandi Acergy, Skandi Constructor, Skandi Seven, Skandi Skansen, Skandi Hera and selected…
30 September 2022
Maersk Drilling awarded contract offshore Brazil with Shell
Maersk Drilling has secured a contract from Shell Brasil for the provisioning of the semi-submersible rig Mærsk Developer in the Campos basin offshore Brazil where the rig will drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to commence in March 2023,…
30 September 2022
PGS Extends Congo Vision Coverage
The latest extension of the PGS Congo Vision dataset will increase regional coverage by nearly 50%. Phase four reprocessing has begun and the final fully reprocessed volume will be available in Q2 2023. The Congo Vision dataset provides a seamless 3D KPSDM seismic volume across the shelf and deepwater areas…
30 September 2022
Gulf Marine Services PLC Contract
GMS, a leading provider of advanced self‐propelled, self‐elevating support vessels serving the offshore oil, gas and renewables industries, is pleased to announce the award of a contract at improved rates, with a total duration of 72 months, for both an E-Class and K-Class vessel with a National Oil Company in…
30 September 2022
Ørsted completes divestment of 50 % of Hornsea 2 Offshore Wind Farm
Further to the company announcement issued on 28 March 2022, Ørsted has today completed the divestment of 50 % of Hornsea 2 Offshore Wind Farm to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.
30 September 2022
Block 22/12, WZ12-8E phase 2 drilling programme
Horizon Oil Limited (Horizon) is pleased to advise that, following the early success of the WZ12-8E Phase 1 development drilling programme, the Block 22/12 Joint Venture has agreed to proceed into a WZ12-8E Phase 2 development that will drill between three and five additional wells from the WZ12-8E wellhead platform.…
30 September 2022
IOG plc Production Update
IOG plc ("IOG", or "the Company"), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, provides an update on Saturn Banks production. Andrew Hockey, CEO of IOG, commented: "Over 2H 2022 to date, average gross gas rates have been 28.6 mmscf/d, with average realised…
29 September 2022
Saipem awarded new contracts in Ivory Coast worth approximately 1 billion euro overall
Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euro overall. The contracts have been assigned by the ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the relative oil and gas field offshore Ivory Coast located at a 1,200m…
29 September 2022
Vestas selected as preferred supplier for the 1.1 GW Inch Cape offshore wind project in the UK
Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has appointed Vestas as the preferred wind turbine supplier for the 1.1 GW Inch Cape Offshore Wind Farm in Scotland. Both Red Rock Power and ESB are Vestas clients for onshore wind projects, and with this…
29 September 2022
Contract award - OSCV Siem Stingray
Siem Offshore has entered into a new three-year contract for the OSCV Siem Stingray with Subsea7 as charterer. The contract will commence in direct continuation of its current commitment, securing further firm utilization of 3 years. Subsea7 intends to employ the vessel supporting its clients world-wide predominantly within the Oil…
29 September 2022
Keppel O&M secures repeat newbuild FPSO contract worth US$2.8b from Petrobras
Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has won a tender from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras), to undertake the engineering, procurement and construction (EPC) of P-83, a Floating Production, Storage and Offloading vessel (FPSO), for about US$2.8b. Scheduled for delivery in 1H…
29 September 2022
Cypre project gets go ahead
bp Trinidad and Tobago (bpTT) today confirmed that it is proceeding with the development of its Cypre offshore gas project. This decision followed recent meetings of Trinidad and Tobago’s Prime Minister Dr Keith Rowley, Minister of Energy and Energy Industries Stuart Young, bp CEO Bernard Looney and incoming President for…