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15 August 2022
Montara Operations and Corporate Update
Jadestone Energy plc ("Jadestone", or the "Company") an independent oil and gas production company focused on the Asia-Pacific region, provides the following update on Montara operations as well as a general corporate overview ahead of its H1 2022 results, which will be released on 20 September 2022. Montara Operations Update…
15 August 2022
JDR selected by Seaway 7 for EnBW He Dreiht offshore wind project
JDR, the global subsea cable supplier and servicer, owned by the TFKable Group, has been awarded a contract by Seaway 7 ASA to supply 66kV subsea array cables for the EnBW He Dreiht offshore wind farm in Germany. JDR will supply 100km of 66kV array cable that will connect the…
15 August 2022
Miros wins trio of sensor contracts with Subsea 7 pipelay support vessels
As part of project requirements for the monitoring of wave and current to a water depth of 10m, WaveSystem will be installed on three of Subsea 7’s pipelay support vessels – Seven Waves, Seven Rio and Seven Sun – alongside access to Miros Cloud services delivering real-time sea state data.…
15 August 2022
Rig mobilisation for Gazania-1 in South Africa and Namibia Update
Eco (Atlantic) Oil & Gas Ltd. the oil and gas exploration company focused on the offshore Atlantic Margins, confirms that the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilised. The rig is now under contract to Eco and its JV partners and will move on…
15 August 2022
Tanumbirini 2H and 3H flow rates increase to 7.4 and 4.3 mmscfd following installation of production tubing (normalised to a 1,000-metre lateral)
The Tanumbirini 2H (T2H) and Tanumbirini 3H (T3H) wells in EP 161 (Santos 75% and operator, Tamboran 25%) are currently flowing at 40% and 150% higher eight-day average flow rates, respectively, when compared to corresponding rates in January 2022. • The T3H well peaked at 9.1 million standard cubic feet…
15 August 2022
Deme's next-generation vessel ‘Orion’ successfully installs the Fécamp offshore substation jacket and topside
DEME Offshore has successfully installed the offshore substation of the Fécamp offshore wind farm, deploying ‘Orion’, the newest member of the DEME fleet and the most innovative vessel in the offshore wind industry. ‘Orion’ has now installed the 1,300-tonne jacket and the 2,200-tonne topside, completing the project on schedule on…
15 August 2022
Drilling permit for well 6608/1-1 S
The Norwegian Petroleum Directorate (NPD) has granted PGNiG Norway Upstream AS drilling permit for well 6608/1-1 S, cf. Section 13 of the Resource Management Regulations.
12 August 2022
Keppel Corporation and Keppel Infrastructure Trust to jointly invest in German offshore wind farm
Keppel Corporation Limited (Keppel Corporation or together with its subsidiary, the Group) and Keppel Infrastructure Fund Management Pte Ltd (KIFM), the Trustee-Manager of Keppel Infrastructure Trust (KIT), are pleased to announce that they are jointly investing €305.0 million (approximately S$445.3 million[2]) to acquire a 50.01%[3] stake in a special purpose…
12 August 2022
Eidesvik Offshore awarded ship management agreement for Viking Neptun
Eidesvik Offshore ASA (“Eidesvik”) has signed a ship management agreement (the “Agreement”) with DEME for the Construction Support Vessel Viking Neptun. The Agreement has been awarded for two years, under which Eidesvik will provide full technical management, crewing and operation of the vessel. Viking Neptun was built for Eidesvik in…
12 August 2022
Maersk Supply Service wins another integrated solutions project in Brazil
Maersk Supply Service has been awarded a contract on behalf of Shell Brasil for the mooring line remediation of the FPSO Fluminense, located off the coast of Rio de Janeiro. The scope of the project includes remediation work on two of the Fluminense’s mooring lines. With the onshore engineering already…
12 August 2022
Saipem: three new EPC contracts awarded in Angola for a total amount of around 900 million USD
Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azule Energy (Eni Angola Exploration B.V. and BP Exploration (Angola) Limited), Sonangol P&P, Chevron, TotalEnergies, for the Engineering, Procurement and Construction (EPC) activities relevant to the…
12 August 2022
Deutsche Windtechnik signs contracts for subsea inspections at seven additional offshore wind farms: Inspection excellence is matched by cost efficiency
Deutsche Windtechnik is proud to announce that it has signed several contracts for underwater inspections at offshore wind farms in the North Sea and Baltic Sea. As part of the sustainable, cost-efficient cluster campaign approach, more than 300 annual inspection reports will be generated in the next two years for…
12 August 2022
Lime Petroleum Acquires 10 Per Cent Of Producing Yme Field In Norway
Lime Petroleum AS (“Lime Petroleum”) has on 10 August 2022, entered into a sale and purchase agreement with KUFPEC Norway AS (“KUFPEC”), to acquire KUFPEC’s 10 per cent interests in the Yme Field (as defined herein) on the Norwegian North Sea, fora post-tax consideration of US$68.053 million (about NOK 633…
12 August 2022
Equinor - consent for exploration drilling in the Norwegian Sea
The Petroleum Safety Authority Norway has given Equinor consent for exploration drilling in block 6507/8 in the Norwegian Sea.
12 August 2022
Oil and gas discovery northeast of the Skarv field in the Norwegian Sea
Aker BP ASA, operator of production licence 941, has concluded the drilling of wildcat well 6507/3-15. The well was drilled about 14 km northeast of the Skarv field in the Norwegian Sea and 220 kilometres west of Sandnessjøen. The primary exploration target for the well was to prove petroleum in…
11 August 2022
Aker Solutions to Provide Subsea Production System for the Trell & Trine Development
Aker Solutions has been awarded a sizeable [1] contract from Aker BP to provide the subsea production system for the Trell & Trine field development, located in the Alvheim area of the North Sea. The development concept is a subsea tie-back to the Alvheim FPSO, using existing facilities and infrastructure.…
11 August 2022
Subsea 7 awarded contract offshore Norway
Subsea 7 S.A announced the award of a sizeable1 contract by Aker BP for the Trell & Trine field development, located in the Alvheim area of the North Sea. The project involves a subsea tie-back of approximately 21 kilometers to the Alvheim FPSO, via the existing East Kameleon subsea manifold.…
11 August 2022
QatarEnergy Awards McDermott FEED Contract for the North Field South Offshore Pipelines Project
McDermott International has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and Power/FO cables Project. The new contract is in addition to the awards received by McDermott this year for the NFS Jackets and Topsides and Pipelines for the North…
11 August 2022
Diamond Offshore Reports Second Quarter 2022 Results and Announces $610 Million in New Contract Awards
Diamond Offshore also announced contract awards for the harsh environment semisubmersible Ocean GreatWhite in the U.K. North Sea, the semisubmersible Ocean Apex in Australia, and two 7th generation drillships - the Ocean BlackHornet and a Diamond-managed rig - in the U.S. Gulf of Mexico. These new contracts added approximately $610…
11 August 2022
Subseatec signs riser joint contract
Subseatec has signed a contract with an international energy company for the delivery of riser joints. The high-strength joints are intended for an offshore field development. This is a sizeable (1) contract for Scana ASA. Subseatec’s scope is a delivery of ready to use riser joints in low alloyed steel,…
11 August 2022
Submitting PDO for Trell & Trine in the Alvheim area
Aker BP (operator) and licence partners Petoro and LOTOS Exploration & Production Norge submitted a plan for development and operation (PDO) for Trell & Trine to the Ministry of Petroleum and Energy (MPE). This development will utilise the planned extended lifetime for the Alvheim field, increase production and reduce both…
11 August 2022
INTOG offshore wind leasing opens, aiming to encourage innovation and decarbonise North Sea
Crown Estate Scotland – the body which manages seabed leasing for offshore renewables – yesterday, 10th August, opened the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process. A two-week registration window which opened yesterday, followed later this month by the opening of the application window. This pioneering…
11 August 2022
New Tools Added to TDI-Brooks' Shallow Water Geotechnical Kit
TDI-Brooks’ has brought online a shallow water (<75-m) pneumatic vibracore (pVC) to supplement its other electric VC options (Feritech FT550 and Rossfelder P-5). The pVC is a light weight (4,600-lb in air), high power vibracorer. The pVC can be used for cores up to 6-m in length (and down to…
10 August 2022
Strohm’s TCP to support emergency response system for Woodside Energy Ltd.’s Scarborough field
Strohm has been contracted to manufacture and deliver two Thermoplastic Composite Pipe (TCP) Flowlines to Australia’s largest natural gas producer Woodside Energy Ltd. The technology will form an integral part of the relief well emergency response plans for the well construction phase of the Scarborough field development. The development of…
10 August 2022
Sale of vessel – Normand Sira
Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, have sold the PSV Normand Sira. Delivery of the vessel to the new owner took place today, August 9th, 2022. The sale of the vessel will result in a minor positive accounting effect to be reflected in 3Q 2022.
10 August 2022
Wello and BIDC sign commercial agreement
Finnish wave technology provider Wello Oy and the Barbadian Barbados Investment and Development Corporation (BIDC) (now Export Barbados (BIDC)) signed an agreement for deployment of a 5 MW wave energy farm in Barbados. Export Barbados (BIDC) is an agency of the Barbados Government, whose mandate is to contribute to the…
10 August 2022
Going green: Canada’s fossil fuel heartland, Alberta, on track to become renewables leader
The Canadian province of Alberta, home of the country’s oil and gas sector for decades, is set to undergo a renewables capacity surge in the coming years, attracting investments given its vast natural resources and favorable regulatory landscape. The country’s total renewables capacity is expected to grow from 19.6 gigawatts…
10 August 2022
Westwood Insight – UK CfD Auction: 7 GW supported, but price drop slows
The UK’s Contracts for Difference (CfD) scheme has played a key role in developing the country’s offshore wind industry – 65% of operational and EPCI capacity is now supported by a CfD. Under the system, developers are guaranteed a selling price for their power, with the scheme paying out the…
9 August 2022
PD&MS awarded three-year contract to support Vattenfall’s European operations
Aberdeen-headquartered PD&MS Group has secured a three-year operations and maintenance (O&M) contract with Vattenfall to support its European offshore wind portfolio for an undisclosed sum. The contract, which also has options to extend for a further two-year period, will see the leading international engineering, procurement, construction and commissioning (EPCC) specialist…
9 August 2022
ADNOC Drilling Awarded More Than $3.4 Billion in Contracts to Drive Offshore Production Capacity Growth
Abu Dhabi National Oil Company (ADNOC) announced today two contracts totalling more than $3.4 billion (AED12.6 billion) have been awarded to ADNOC Drilling to hire 8 jack-up offshore rigs. The contracts, valued at $1.5 billion (AED 5.6 billion) and $1.9 billion (AED 7 billion) respectively, awarded by ADNOC Offshore, will…
9 August 2022
Equinor – consent to use Transocean Encourage on the Kristin field
The Petroleum Safety Authority Norway (PSA) has given Equinor consent to use the mobile drilling facility Transocean Encourage for workover of well on the Kristin field. Operator: Equinor Energy ASProduction licence: 134BField: KristinFacility: Transocean Encourage Kristin is a field in the Norwegian Sea, a few kilometres southwest of the Åsgard…
9 August 2022
Okea – Hasselmus – planning and implementation of production drilling
The audit was conducted on 13 and 14 June 2022 and focused on Okea's planning and implementation of the production drilling of well 6407/9-H-1 Hasselmus using COSL Promoter. view results
9 August 2022
Sail-out completed: TenneT’s 900 MW offshore platform DolWin kappa leaves shipyard in Cádiz
TenneT will soon be reliably bringing even more green wind power from the German North Sea to land via the direct current connection DolWin6. Europe’s leading offshore transmission system op-erator has now reached the next important milestone on its path to this objective: the sail-out of the 900 MW offshore…
9 August 2022
Ørsted inaugurates ‘Taiwan Offshore Wind Farms Operations and Maintenance Hub’ to underpin long-term green energy supply
The O&M hub is the largest in Asia-Pacific in terms of service capacity and area, and it's the first green-designed O&M facility in the region. Ørsted brings unparalleled operations expertise and full-scale O&M deployment of a Taiwanese operations team, customized service operation vessel and new-built facility.Global offshore wind leader Ørsted…
9 August 2022
Heat pumps: primed and ready to support Europe’s net zero and energy security goals
Wood Mackenzie says policy change is crucial if heat pumps are to reach their full potential.more [source: Wood Mackenzie]
9 August 2022
Shell completes acquisition of renewables platform Sprng Energy group
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis). Sprng Energy, set up in 2017 by Actis, is a renewable energy platform based…
8 August 2022
Seaway 7 signs Letter of Award to commence Early Works on Moray West Inter-Array Cables
Seaway 7 has announced that it has signed a Letter of Award with Moray Offshore Windfarm (West) Limited, to commence early works on the Engineering, Procurement, Installation and Commissioning (EPIC) of inter-array grid cables for the Moray West offshore wind farm. The Moray West offshore wind farm development is located…
8 August 2022
Nauticus Robotics Announces Contract with Shell for Autonomous Method of Subsea Operations
Nauticus Robotics, Inc., a Houston-area developer of subsea and surface robotic services using autonomy software, announced today it has entered into an agreement with Shell plc to advance to the qualification phase for a more efficient means of acquiring subsea integrity data utilizing Nauticus’ Aquanaut and Hydronaut robotic platforms. This…
8 August 2022
Gippsland offshore renewable energy infrastructure: have your say
The Australia Government are seeking feedback on the possible effects of future offshore renewable energy projects in a proposed area of the Bass Strait. The proposed area is in Australian Commonwealth waters offshore of Gippsland, Victoria.,more
8 August 2022
Atlantic Power Transmission LLC Announces Partnership with Offshore Energy Industry Expert Morrison Energy
Blackstone Infrastructure’s Portfolio Company Atlantic Power Transmission LLC Announces Partnership With Offshore Energy Industry Expert Morrison Energy to Invest in New Jersey’s Workforce and Bring Jacket Foundation Fabrication to the State Builds off APT’s previously announced $50 million pledge to workforce development in New Jersey Morrison to establish a base…
8 August 2022
IMCA Issues Burial at Depth Measurement Guidance
The International Marine Contractors Association’s (IMCA’s) latest guidance ‘Guidelines for the Measurement of Depth of Burial’ (IMCA S 029) aimed at both the offshore renewables and offshore oil and gas industries, looks at the different methods of measuring the depth of burial of subsea cables and pipelines together with factors…
8 August 2022
Eni acquires the Tango FLNG to produce and export LNG from the Republic of Congo
Eni has acquired the company Export LNG Ltd, which owns the Tango FLNG floating liquefaction facility, from Exmar group. The facility will be used by Eni in the Republic of Congo, as part of the activities of the natural gas development project in the Marine XII block, in line with…
8 August 2022
MODEC establishes joint venture agreement with TOYO
MODEC, Inc. announced that MODEC and Toyo Engineering Corporation have executed the agreement for the establishment of a joint venture company for the Engineering, Procurement, Construction and Installation (EPCI) business of Floating Production Storage and Offloading (FPSO) vessels. The establishment of the joint venture company is subject to obtaining official permits and approvals…
8 August 2022
Sval acquires Suncor Energy Norge AS
Sval Energi is pleased to announce that the company has signed an agreement with Suncor Energy to acquire Suncor Energy Norge AS. The corporate transaction includes the following assets on the Norwegian Continental Shelf: 17.5% ownership in the Fenja field (PL 586) 30% ownership in the Oda field (PL 405)…
5 August 2022
Aker BP – consent to use Maersk Integrator on Valhall Flanke West
The Petroleum Safety Authority Norway (PSA) has given Aker BP s consent to use the mobile drilling facility Maersk Integrator for well intervention activities on the Valhall Flanke West field.
5 August 2022
UKCS decommissioning cost estimate drops 25% to £44.5bn
The cost of decommissioning oil and gas infrastructure has been cut by 25% in the past five years, according to the latest estimates published. The North Sea Transition Authority’s (NSTA) Decommissioning Cost Estimate Report 2022 highlights industry’s ability to generate huge savings for the Exchequer and carry out projects in…
5 August 2022
DNeX renames newly acquired FPSO for Avalon development
Dagang NeXchange Berhad (“DNeX”), via its subsidiary Ping Petroleum UK PLC (“Ping”), has renamed its recently acquired Floating Production Storage and Offloading (“FPSO”) vessel to Excalibur. Previously known as the Sevan Hummingbird, the renaming ceremony was recently held in Port of Nigg, Scotland, United Kingdom (“UK”), witnessed by delegations from…
5 August 2022
Borr Drilling Limited – Announcement of LOI for jack-up drilling rig
Borr Drilling Limited has announced it has received a binding Letter of Intent (“LOI”) for the premium jack-up drilling rig “Prospector 5” from an undisclosed operator in West Africa. The 6-well firm program is expected to commence during Q4 2022 and has an estimated duration of fourteen months plus options.…
5 August 2022
OCTIO awarded a multi-year 4D geophysical monitoring frame contract offshore Australia
OCTIO, a subsidiary of Reach Subsea ASA (“Reach”), has secured a multi-year geophysical monitoring frame contract with an operator offshore Australia. OCTIO will deploy the proprietary gWatch service to deliver gravimetry and seabed subsidence measurements. “This is an international breakthrough for OCTIO and we welcome this opportunity to work with…
5 August 2022
In Normandy, ETMF completes the installation of the second export cable for the future Calvados wind farm
Opposite the beach at Bernières-sur-Mer (14), the Eiffage Travaux Maritimes et Fluviaux (ETMF) teams have completed the installation of the second export cable for the future wind turbines at the Calvados wind farm. With a total length of 3 km, the pulling operation went perfectly: the culmination of a long…