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27 July 2022
ExxonMobil makes two more discoveries offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25. Seabob and…
27 July 2022
Neptune Energy begins drilling Ofelia exploration well
Neptune Energy announced drilling has commenced on the Ofelia exploration well in the Norwegian sector of the North Sea. The well, 35/6-3 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling. The Ofelia prospect is located 13 kilometres north of…
27 July 2022
Kosmos Energy Awards Schlumberger Integrated Subsea Boosting System Contract
Schlumberger announced an award to OneSubsea® and its alliance partner, Subsea 7, by Kosmos Energy Gulf of Mexico Operations, LLC, for an engineering, procurement, construction and installation (EPCI) contract for the Odd Job field in the Gulf of Mexico. Through the EPCI contract, OneSubsea, the subsea technologies, production, and processing…
27 July 2022
Prosafe SE: Contract extension for Safe Concordia
BP Trinidad and Tobago LLC ('bpTT') has exercised all four weeks of options for the Safe Concordia to continue providing gangway connected operations through September 2022 at Cassia C offshore Trinidad. Total value of the contract extensions is approximately USD 3.5 million.
27 July 2022
GASCADE and Fluxys team up on two key infrastructure projects to ramp up the hydrogen economy in Germany
GASCADE and Fluxys as long-standing partners in pipeline infrastructure join forces in two key projects for shaping the hydrogen economy in Germany: doing hydrogen and AquaDuctus. These infrastructure projects are to connect hydrogen demand centres with onshore and offshore hydrogen production, making a major contribution to Germany’s decarbonisation efforts. Doing…
27 July 2022
HyCC launches 500-megawatt hydrogen project in the port of Amsterdam
Hydrogen company HyCC has launched Project H2era to construct a 500-megawatt green hydrogen plant in the Amsterdam port area. The project, launched in cooperation with the Port of Amsterdam, is a major step forward in the development of the regional hydrogen economy to help decarbonize industry and mobility. “The use…
27 July 2022
Shell to start building Europe’s largest renewable hydrogen plant
Shell Nederland B.V. and Shell Overseas Investments B.V., subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025. The 200MW electrolyser will be constructed on the Tweede Maasvlakte in the port of Rotterdam…
27 July 2022
Boa OCV AS - Contract award BOA Sub C
BOA OCV has been awarded a contract with Subsea 7 for the subsea construction vessel BOA Sub C. Commencement of contract is spring 2023 for a firm period of 1 year plus options which, if declared, will keep the vessel utilized into 1Q 2025.
27 July 2022
Data upload boosts search for carbon storage sites
The search for carbon storage sites, wind farm locations and potential hydrocarbon fields has received a significant boost as more than 132 terabytes of seismic data has been uploaded on to the National Data Repository (NDR). The data can be used to support the UK’s first ever carbon storage licensing…
26 July 2022
Shell invests in the Jackdaw gas field in the UK North Sea
BG International Limited, an affiliate of Shell U.K. Limited, has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year. Jackdaw will comprise a wellhead platform that is not permanently attended, along with subsea infrastructure which will…
26 July 2022
Heerema awarded decommissioning contract for Woodside’s Nganhurra Riser Turret Mooring (RTM)
Heerema Marine Contractors has been awarded a decommissioning contract by Woodside Energy that includes the integrated engineering, preparation, removal, and transport of the Nganhurra RTM. Removal activities The work involves removing the RTM from the Enfield field, located approximately 52 km northwest of Exmouth in Western Australia, by lifting the…
26 July 2022
Deltic Energy Plc ("Deltic" or "the Company") Positive Well Investment Decision on Selene
Deltic Energy Plc is pleased to confirm that it and Shell U.K. Limited ("Shell"), its Joint Venture Partner on Licence P2437 (the "Licence"), have made a positive well investment decision to drill the high impact Selene Gas Prospect on Licence P2347 situated in the UK Southern North Sea off the…
26 July 2022
Contract extension for PSVs ”Siem Atlas” and ”Siem Giant” in Brazil.
Total E&P do Brazil has declared the first of two options for the PSVs "Siem Atlas" and "Siem Giant". Both vessels are now firm until June 2023.
26 July 2022
Seaway 7 Awarded Transport and Installation Cables Contract offshore US
Seaway 7 has announced that it has been awarded a sizeable(1) contract for the transport and installation of inner-array grid cables on an offshore wind farm project in the US. The scope includes the transport and installation of around 160 km of 66 kV subsea power cables and respective cable…
26 July 2022
Seaway 7 welcomes new HTV Seaway Swan to its Fleet
eaway 7 is pleased to announce that it has taken delivery of a new semisubmersible heavy transport vessel. The company entered into a bareboat contract with United Faith for its new build vessel MV Xin Qun 3, renamed Seaway Swan. Seaway Swan is a 50,000 Te DWT Heavy Transport Vessel…
26 July 2022
Rockhopper Exploration plc ("Rockhopper" or the "Company") Sea Lion Update
Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, has announced that all regulatory consents required for the transaction between the Company, Harbour Energy plc ("Harbour") and Navitas Petroleum LP ("Navitas") as announced on 19 April 2022 (the…
26 July 2022
Developing Australia's offshore wind industry
Worley have been awarded a framework agreement by Flotation Energy for the development of an offshore wind farm in Victoria, Australia. Worley have been providing pre-feasibility study services to Flotation Energy’s Seadragon project, a 1,500 MW offshore wind farm off the coast of Gippsland. The project sets out to be…
25 July 2022
Guyana enters the big league as O&G revenues break $1 billion in 2022, grow to $7.5 billion in 2030
As the burgeoning Guyanese offshore oil and gas industry goes from strength to strength, powered by the Stabroek block, government revenue from domestic production is on track to break the $1 billion mark this year and accelerate to $7.5 billion annually in 2030, according to Rystad Energy research. This year…
25 July 2022
Nigeria: Start of Production from the Ikike Field
TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20 kilometers off the coast, at a depth of about 20 meters, the Ikike platform is tied back to the existing Amenam offshore facilities…
25 July 2022
Neptune Energy completes final well campaign on Fenja field
Neptune Energy announced the safe and successful drilling of four development wells on the operated Fenja field in the Norwegian Sea, in preparation for production start-up. This marks an important milestone in the development of Fenja, which is scheduled to come on stream in the first quarter of 2023 and…
25 July 2022
Akastor ASA: AKOFS Offshore AS signs contract for "Aker Wayfarer"
Akastor ASA's 50% owned affiliate AKOFS Offshore AS (AKOFS Offshore) has now signed a firm contract for its vessel "Aker Wayfarer" that will continue to perform services as a subsea equipment support vessel (SESV) for Petróleo Brasileiro S.A. (Petrobras) as client in Brazil. The duration of the contract is 1,415…
25 July 2022
Green Energy Group (SeaBird Exploration Plc) - Letter of Award and backlog update
Green Energy Group (SBX Plc, the Company) has announced that it has received a Letter of Award for a 2D campaign in the Eastern Hemisphere with a duration of approximately 9 months. The contract is expected to commence in September this year with rates reflective of an improving 2D market.…
25 July 2022
CGX Energy and Frontera Energy Announce Transaction for the Corentyne Block That Secures Funding for the Wei-1 Exploration Well
CGX Energy Inc. (TSXV: OYL) (“CGX”) and Frontera Energy Corporation, joint venture partners (the “Joint Venture”) in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today that the companies have entered into an agreement to amend the Joint Operating Agreement originally signed between CGX and a subsidiary…
25 July 2022
Transfer of ownership and operation of the FPSO YÙUM K'AK'NÁAB to Pemex
BW Offshore Limited announces that, with effect from July 22, 2022, Pemex has assumed the ownership and operation of the FPSO YÙUM K'AK'NÁAB in accordance with the terms of the 15 year FPSO financial lease contract that commenced in 2007. Following the transfer, BW Offshore Limited has no obligation to…
25 July 2022
SBM Offshore completes US$1.75 billion financing of ONE GUYANA
SBM Offshore is pleased to announce it has completed the project financing of FPSO ONE GUYANA for a total of US$1.75 billion. The project financing was secured by a consortium of 15 international banks. The Company expects to draw the loan in full, phased over the construction period of the…
22 July 2022
Joint Statement by the Ministry of Energy, Commerce and Industry of the Republic of Cyprus and Chevron Cyprus Limited (Chevron)
The Ministry of Energy, Commerce and Industry of the Republic of Cyprus and Chevron hereby affirm our mutually beneficial cooperation in viably and efficiently developing the “Aphrodite” field, in the Republic’s Exclusive Economic Zone (EEZ).More
22 July 2022
Dry well at Brage South
Wintershall Dea has confirmed that no hydrocarbons were found in the Brage South exploration well (31/4-A-13 C), which has been drilled in the PL055 licence, and that the well will be plugged as a dry well. On 23 May 2022, OKEA ASA announced that it has entered into an agreement…
22 July 2022
NSTA awards Rough gas storage licence to Centrica Offshore UK Ltd in first stage of potential reopening
The North Sea Transition Authority (NSTA) has today (21 July) awarded a gas storage licence to Centrica offshore UK Ltd (COUK) for the Rough site off the East Coast of England in the Southern North Sea. The award of a licence allows COUK to progress with seeking the further regulatory…
22 July 2022
Wind power for 1.8 million people: Siemens Energy wins largest grid connection order to date
Two new power links set the course for more wind energy in the German power grid: DolWin4 and BorWin4 will transport up to 1.8 gigawatts (GW) of green wind power from several wind farms in the German North Sea to land with low losses. As a result, they will be…
22 July 2022
OWC appointed as lenders technical advisor (LTA) on the Hollandse Kust Zuid
Offshore wind consultancy OWC has been appointed as lenders technical advisor (LTA) on the 1.5GW Hollandse Kust Zuid Offshore Wind Project in the Netherlands. OWC has been supporting the project as LTA on behalf of BASF and Allianz Capital Partners (ACP). As part of the scope of work, OWC performed…
22 July 2022
Well-Safe Solutions inks new UKCS decommissioning deal
Well decommissioning specialists Well-Safe Solutions have signed an agreement to plug and abandon (P&A) 14 wells on the UK continental shelf. The deal is the first scope agreed for the Well-Safe Defender semi-submersible rig, which Well-Safe Solutions purchased in June 2022. The project, for an undisclosed value, will see the…
22 July 2022
Two annual NSTA benchmarking reports published
The North Sea Transition Authority (NSTA) today published two of its key interactive benchmarking reports focusing on production efficiency and operating costs, respectively. Both reports can be accessed here.
22 July 2022
Moray West Secures CfD
Moray West Offshore Wind Farm, which is being developed by Ocean Winds, has reached a major project milestone toward Final Investment Decision, having been offered a Contract for Difference (CfD) as part of the UK Government’s latest CfD Allocation Round. A long-term investor in offshore wind sector in Scotland, Ocean…
21 July 2022
NSTA (UK government regulatory) positively concludes evaluation of Phase I Concept Select Report with Issuing of Letter of No Objection
Hartshead Resources NL is pleased to announce that it has received a “Letter of No Objection” (Letter) from the North Sea Transition Authority (“NSTA”) in respect of the development concept for the Phase I development of the Anning and Somerville gas fields. The letter acknowledges receipt of the Concept Select…
21 July 2022
50Hertz submarine cable successfully pulled into Arcadis Ost substation platform
The offshore platform Arcadis Ost is now connected to the German extra-high voltage grid. The 220 kV submarine cable system required for this was pulled into place on the platform over the past few days. Final assembly work will now follow. Afterwards, extensive tests of the systems are imminent. The…
21 July 2022
INSPIRE Environmental Joins Venterra in First United States Acquisition
Venterra Group Plc, the offshore wind energy services business, today announces its entry into the United States with the acquisition of INSPIRE Environmental, a leading marine environmental consultancy with expertise in the acquisition and interpretation of data that determines the health of the seabed and the resources that rely on…
21 July 2022
PGS ASA: Awarded Two Significant Contracts in Asia-Pacific
PGS has been awarded a significant 3D exploration acquisition contract offshore Indonesia by a major energy company. Further, the Company has also been awarded a major 4D acquisition contract offshore Australia by an international energy company. Ramform Sovereign will mobilize for the 3D exploration contract in Indonesia mid-October and acquisition…
21 July 2022
High level of activity on the Norwegian shelf in the first half of 2022
50 years after the Storting (parliament) decided to establish the Norwegian Petroleum Directorate (NPD), there is still plenty of activity on the Norwegian shelf. Production is high – Europe wants Norwegian gas Many fields are being developed Companies are exploring – and making discoveries Significant interest in storing CO2 in…
21 July 2022
India – Searcher Starts New 2D Seismic Reprocessing Project
Searcher Seismic, a leading provider of global multi-client geoscience data, is pleased to announce the East Coast India 2D Reprocessing project. East Coast India has proven its potential with exploration successes from the Ganges Delta to Krishna-Godavari Basin, and has seen exploration in shallow and ultra-deep waters. The clear logic…
21 July 2022
Green light for Dogger Bank South projects, as RWE prepares for lease agreements
RWE welcomed an agreement by the Secretary of State for Business, Energy and Industrial Strategy to allow The Crown Estate (TCE) to proceed with Offshore Wind Leasing Round 4, on the basis of a derogation. The announcement means that RWE’s two Dogger Bank South (DBS) Offshore Wind Farms, which are…
21 July 2022
Bombora begins final test and assembly of world’s most powerful Wave Energy Converter
Bombora begins final test and assembly of world’s most powerful Wave Energy Converter Bombora ramps up flagship £20m, 1.5MW Pembrokeshire Project, delivering world’s largest Wave Energy Converter Final tests underway before ocean deployment Technology will be validated in the open ocean advancing mWave to TRL 7/8 Data will unlock pathway…
20 July 2022
Westwood Insight – Contractors in buoyant mood as five-year offshore EPC spend to total $276 billion
A review of offshore oil and gas (O&G) engineering, procurement and construction (EPC) activities in the first half of 2022 has been a mixed bag, emboldened by Brent oil price averaging $70/bbl in 2021 and $107/bbl in 1H 2022, there were high expectations for an influx of offshore EPC awards.…
20 July 2022
Drilling permit for well 31/1-3 S and 31/1-3 A
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS drilling permit for well 31/1-3 S and 31/1-3 A, cf. Section 13 of the Resource Management Regulations.
20 July 2022
Serica Energy plc ("Serica" or the "Company") Operations Update
Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company with operations centred on the UK North Sea and over 85% gas production, is pleased to provide the following operations update. Mitch Flegg, Chief Executive of Serica Energy, commented: "I am delighted with the significant progress that…
20 July 2022
Pioneering Spirit completes 30,000-tonne Gyda platform removal
Allseas is celebrating another major offshore milestone, the safe removal and transport to shore of Repsol Norge’s massive 30,000-tonne Gyda platform in a matter of days. Pioneering Spirit delivered the platform’s 11,000-tonne jacket to Aker Solutions’ disposal yard in Stord, Norway, less than 48 hours after removing it from the…
20 July 2022
ODL – additional work added to Deepsea Stavanger Equinor Contract
Equinor has exercised further work for the Deepsea Stavanger under the continued optionality mechanism provided for in the contract entered into by the parties in May 2021. Following this addition the Deepsea Stavanger now has eight (8) remaining wells to be drilled which are expected to occupy the rig into…
20 July 2022
EIOF - Five-year contract award for Subsea Viking
Eidesvik Offshore ASA (“Eidesvik”) has been awarded a five-year contract with Van Oord Offshore Wind B.V. (“Van Oord”) for Subsea Viking. The new contract will commence in Q1 2023. In addition, Van Oord has been granted options for further extensions and on certain terms a call option for the vessel…
20 July 2022
CRP Subsea awarded several deepwater contracts to provide buoyancy solutions in Brazil
CRP Subsea has recently been awarded several deepwater contracts to provide Distributed Buoyancy Modules in Brazil. CRP Subsea’s Distributed Buoyancy Modules will be used to reduce top tension by maintaining a lazy wave configuration of the pipeline, thus reducing the risk of pipeline failure and increasing the lifetime of the…
20 July 2022
Sparrows Group awarded £50 million crane management contract with major UKCS operator
Sparrows Group, the engineering and maintenance specialists for the global energy and industrial sectors, has secured a contract worth approximately £50 million with a major UKCS operator to provide crane management services across its operating assets in the North Sea. The five-year agreement, which also has two, two-year extension options,…
20 July 2022
Equinor restarts Peregrino field production
Production in the Peregrino field in Brazil resumed on 16 July, aiming to ramp up production and reduce emissions intensity. Peregrino production was suspended in April 2020. Since then, Equinor has executed a major programme of maintenance, upgrades and repairs on the Floating Production Storage and Offloading (FPSO) vessel and…