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19 July 2022
Government approves 8GW of offshore wind in major milestone for renewable energy
Plans for the UK to meet its net zero and energy security commitments have received a major boost today as six fixed offshore wind projects, with the potential to generate renewable electricity for more than 7 million homes, have been given the green light by the Secretary of State for…
19 July 2022
Technip Energies Consortium Selected for Floating Offshore Wind European Project
Technip Energies, X1 Wind and a consortium of 10 leading international entities have been selected by the European Commission to deliver the NextFloat project, an ambitious program accelerating industrial-scale floating wind. NextFloat project main objectives are to demonstrate a competitive, sustainable and integrated floating offshore wind solution optimized for deep…
19 July 2022
Sembcorp Marine Secures Engineering, Procurement, Construction and Installation Contract for a Gas Topsides Project from a Major Energy Company in Australia
Sembcorp Marine Ltd, through its wholly owned subsidiary, Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has entered into an Engineering, Procurement, Construction and Installation (“EPCI”) contract with a major energy company for a gas topsides project in Australia. Work on the Topsides will be for four years. The contract is…
19 July 2022
Cadeler enters Polish offshore wind market after securing vessel reservation agreement
Cadeler A/S has secured a reservation agreement with Baltic Power for the installation of more than 70 offshore wind turbine generators (WTGs) in the Polish Baltic Sea. This marks Cadeler’s entry into a new and developing offshore market. Cadeler A/S has secured a large vessel reservation agreement to execute the…
19 July 2022
Prysmian will develop two new submarine power interconnections between islands in Canarias and Spain mainland and Ceuta in North Africa
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded two contracts worth approximately €250 million by Red Eléctrica (Red Eléctrica de España, S.A.U.), the Transmission System Operator of the Spanish power grid, for the development of two projects: a submarine power interconnection between the…
19 July 2022
Contract award by Eco Atlantic Oil and Gas Ltd.
Eco (Atlantic) Oil and Gas Ltd. has awarded Island Drilling Company AS a contract for drilling the Gazania-1 well in South Africa. The work is planned to commence in Q4 2022. The Gazania-1 well is located in the Orange Basin in South Africa. The Orange Basin straddles the offshore waters…
19 July 2022
Afentra acquires additional interests in Angola
Afentra plc ('Afentra' or the 'Company') is pleased to announce that its wholly-owned subsidiary, Afentra (Angola) Ltd, has signed a Sale and Purchase Agreement ('SPA') with INA - Industrija Nafte, d.d. to acquire a 4% interest in Block 3/05 and a 5.33% interest1 in Block 3/05A, offshore Angola (the "INA…
19 July 2022
Hurricane Energy plc ("Hurricane" or the "Company") Operational and Financial Update
Hurricane Energy plc, the UK based oil and gas company, provides an update on Lancaster field operations and net free cash balances as of 30 June 2022. Lancaster Field Operations Update As of 16 July 2022, Lancaster was producing c.8,650 bopd from the P6 well alone with an associated water…
19 July 2022
Announcement of Notification for Bidding Blocks Offshore China of 2022
According to the relevant provisions of the Regulations of the People's Republic of China on the Exploitation of Offshore Petroleum Resources in Cooperation with Foreign Enterprises, China National Offshore Oil Corporation（CNOOC）hereby issues the following Announcement of Notification for Bidding Blocks Offshore China of 2022: Thirteen (13) Offshore China Exploration Blocks…
18 July 2022
Equinor strengthens relationship with ASCO for five-year contract extension
Global integrated logistics and materials management company, ASCO, has been awarded a five-year contract extension with the Norwegian energy partner to the UK, Equinor. The multi-million-pound contract strengthens the existing long-term collaboration between the two companies. ASCO will provide a fully integrated logistics and materials management solution, including quayside services,…
18 July 2022
Boost for RWE's hydrogen and offshore business: Two projects selected for EU Innovation Fund grants
Two innovative projects with RWE involvement have been pre-selected for funding by the EU Innovation Fund - one of the world's largest programmes for demonstrating innovative low-carbon technologies. These are RWE's FUREC project in the Netherlands and an offshore wind farm off the German coast, in whose project company Nordsee…
18 July 2022
Aramco awards Worley project management services contracts for unconventional gas
Aramco has awarded Worley in-Kingdom and out-of-Kingdom project management services contracts. Under the contracts, Worley will provide front-end engineering design (FEED), detailed design support, project management services and construction management services. The term of the contracts is three (3) years with an option for an extension for a further two…
18 July 2022
Supporting Shell's low-carbon journey in the Gulf of Mexico
Worley have been awarded a three-year contract by Shell to provide engineering and procurement services for several of its assets in the Gulf of Mexico (GOM). The company will provide professional services in engineering, procurement, project services and support fabrication and construction. Worley are supporting Shell’s transition to a digitized…
18 July 2022
EIOF - Contract award for Subsea Viking
Eidesvik Offshore ASA has been awarded a contract with an undisclosed client for Subsea Viking. The new contract will commence in Q3 2022 in direct continuation of the current contract. New firm period will utilize the vessel until the end of the year.
18 July 2022
Maersk Supply Service awarded Preferred Supplier Agreement for second U.S. wind contract for its Wind Installation Vessel
Maersk Supply Service is due to install the wind turbines at the Beacon Wind farm off the U.S. East Coast, for a joint venture between Equinor and bp. The installation of Beacon Wind is expected to start in 2028. In March 2022, Maersk Supply Service ordered a newbuild Wind Installation…
18 July 2022
Green Energy Group (SeaBird Exploration Plc) - Sale of the "Petrel Explorer"
Reference is made to the 13 January 2022 press release regarding a potential sale of the Petrel Explorer. Green Energy Group (SBX Plc, the Company) announces that it has entered into a binding agreement to sell the vessel to an undisclosed buyer for an undisclosed sum. The sale is expected…
18 July 2022
Bureau of Ocean Energy Management Announces Environmental Review of Six Wind Lease Areas Offshore New York and New Jersey
As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) will conduct a regional environmental review of six lease areas offshore New York and New Jersey, in an area known as the New York…
15 July 2022
Heerema awarded Hornsea 3 offshore converter stations transport and installation contract
Aibel has contracted Heerema Marine Contractors to transport and install two offshore converter stations (OCS) for the Hornsea 3 offshore wind farm. The Hornsea 3 offshore wind farm will be capable of generating up to 2.852 GW of green energy, enough to meet the average daily needs of over 3…
15 July 2022
Aibel wins offshore wind contract at Hornsea
Aibel has been awarded a contract by the world leader in offshore wind, Ørsted, for two platforms for the Hornsea 3 project in the UK sector of the North Sea. Each platform represents a major* contract for Aibel. The contract is an EPCI contract where Aibel’s responsibility is for engineering,…
15 July 2022
Reach Subsea ASA: Subsea vessel Deep Cygnus secured for 4+1 years
Reach Subsea, the trusted data and subsea service provider for ocean-based industries, has entered into an agreement with Volstad Maritime for use of the subsea vessel Deep Cygnus for 4 years, with an option to extend for 1 year. “We have entered a phase of strong market development for subsea…
15 July 2022
Borr Drilling Limited – Announcement of LOA for jack-up drilling rig
Borr Drilling Limited is pleased to announce it has secured a binding Letter of Award (“LOA”) for the premium jack-up drilling rig “Mist” from Mubadala Petroleum in Thailand for an estimated duration of 210 days. The program is expected to commence in January 2023 and has an estimated total contract…
15 July 2022
Return to Angola with DOF
The MDL spread consisted of a Generation 2 Reel Drive System, 4-track 85Te pipelay tensioner and an overboarding chute. The spread was mobilised onboard the offshore construction vessel Skandi Seven to perform SURF installation scopes of work. This project followed previous SURF installation campaigns over the last 18 months when…
15 July 2022
Collaborating with the supply chain to deliver carbon capture and storage FEED services
Worley have been awarded a development contract as part of a consortium by SSE Thermal and Equinor for one of the UK’s first power stations with carbon capture and storage capabilities. As part of a consortium with Mitsubishi Heavy Industries Group and Tecnicas Reunidas, the company havee been awarded a…
15 July 2022
PGS and deepC Store Sign Share Subscription Agreement
GS and deepC Store Limited (“dCS”) have entered into a Subscription Agreement (“Agreement”) for dCS to issue shares to PGS in exchange for PGS providing geological and geophysical advisory services. Parties also agreed to explore broader collaboration opportunities in the Asia Pacific region for co-developing commercial scale Carbon Capture and…
15 July 2022
Copenhagen Infrastructure Partners and Tokyu Land Corporation partner to develop offshore wind in Aomori South, Japan
Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure IV K/S (CI IV), and Tokyu Land Corporation (TLC) are announcing a joint partnership to develop the Aomori South offshore wind project, located in northern Japan. TLC and CI IV have established a new joint venture company, Aomori South…
14 July 2022
Business Combination of VAALCO and TransGlobe
VAALCO Energy, Inc. and TransGlobe Energy Corporation announced that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which VAALCO will acquire all of the outstanding common shares of TransGlobe in a stock-for-stock strategic business combination transaction valued at US$307 million (the “Transaction”). Under the terms…
14 July 2022
DeNovo Delivers First Gas from Zandolie
DeNovo Energy Limited (DeNovo), part of the Proman family of companies, announced delivery of first gas from its Zandolie field. The Unmanned Minimum Facility is DeNovo’s second offshore field development to be completed in Block 1 (a) on the West Coast of Trinidad. DeNovo has once again proven its commitment…
14 July 2022
Shelf Drilling announces closing of transaction on Deep Driller 7 jack-up rig
Reference is made to the announcement made on June 17, 2022 by Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) concerning the acquisition of the Deep Driller 7 jack-up drilling rig from Aban Offshore Limited. The Company has announced that its wholly owned subsidiary has completed the purchase…
14 July 2022
Olympic contracts up to four offshore wind vessels at Ulstein Verft
Olympic contracts two firm Construction Service Operation Vessels (CSOVs) and two options at Ulstein Verft. The vessels have hybrid battery propulsion and are prepared for methanol fuel to enable zero emissions. They are based on the ULSTEIN SX222 design with TWIN X-STERN from Ulstein Design & Solutions AS. Norway-based Olympic…
14 July 2022
CRP Subsea awarded major contract to provide cable protection for Taiwan wind farm
CRP Subsea was awarded a contract by Seaway 7, the renewables business unit of Subsea 7, to provide 140 NjordGuard cable protection systems and bellmouths for Changfang and Xidao (CFXD) offshore wind farms located off the west coast of Taiwan. The cable protection systems and bellmouths will protect the inter-array…
14 July 2022
MMA awarded Vessel contract with OMV New Zealand
The Platform Supply Vessel, MMA Leeuwin, will be deployed to provide drilling support services for OMV in the Taranaki Basin, New Zealand. Commencing in late September 2022, the contract is for a firm period of 200 days, with additional option periods totalling 150 days. The contract value is expected to…
14 July 2022
TGS Makes First Renewable Energy Venture Investment, Acquires Equity Stake in NASH Renewables
TGS, a global provider of energy data and intelligence, today announced its investment in NASH Renewables, a start-up developing innovative Software-as-a-Service (SaaS) solutions for the prospecting, construction and operations of wind energy projects. The equity stake in NASH Renewables is TGS’ first venture investment into a renewable energy start-up. NASH…
14 July 2022
ODP4 well start of production
Petro Rio S.A. informs its shareholders and the market in general of the start of production of the 7-FR-54H-RJS (“ODP4”) well, in the Frade Field (“Field” or “Frade”), with stabilized initial production of approximately 15,000 barrels of oil per day, significantly above original projections, doubling the Field’s production and increasing…
13 July 2022
PetroNor E&P ASA: Completion of Purchase of Aje interests from Panoro Energy ASA
Reference is made to previous stock exchange releases by PetroNor E&P ASA (“PetroNor”) regarding the acquisition of Panoro Energy ASA’s (“Panoro”) interest in Offshore Mining Lease no. 113 (“OML 113”) offshore Nigeria. PetroNor confirms that it has completed on the purchase of the Panoro fully owned subsidiaries Pan-Petroleum Nigeria Holding…
13 July 2022
Tommeliten A development approved
The Norwegian and UK authorities have now approved the Plan for Development and Operation (PDO) of Tommeliten A, a gas condensate field in the Greater Ekofisk Area. Planned production start-up is in 2024. The Norwegian Ministry of Petroleum and Energy and the UK North Sea Transition Authority have approved the…
13 July 2022
Gas discovery near the Skarv field in the Norwegian Sea – 6507/2-6
Aker BP ASA, operator of production licence 261, has concluded the drilling of wildcat well 6507/2-6. The well was drilled about 7 kilometres west of the Skarv field in the Norwegian Sea and 230 kilometres west of Sandnessjøen. The primary exploration target for the well was to prove petroleum in…
13 July 2022
Cadeler signs its first agreements with ScottishPower Renewables for the East Anglia Hub project
Cadeler A/S has signed its first Vessel Reservation Agreement with ScottishPower Renewables. The agreement covers the transportation and installation of 95 wind turbines which are to be installed at the East Anglia Three windfarm. Additionally, two Preferred Bidder Agreements have been signed for East Anglia One North and East Anglia…
13 July 2022
Adjusted assembly plan for the final four Hywind Tampen turbines
The seven first Hywind Tampen turbines will come on stream this year as planned. The final four will be installed next spring. Supply chain bottlenecks, most notably related to the global market for steel, preclude delivery of the final four tower sections for the wind turbines until September 2022. This…
13 July 2022
Otway drilling campaign complete
Beach Energy Limited (ASX: BPT, Beach) is pleased to announce the successful completion of its offshore Otway Basin1 drilling campaign. The Otway program is a critical investment in new gas supply for the east coast market, providing much needed gas to homes and businesses. Drilling commenced in February 2021 and…
13 July 2022
Timpan exploration well result
Harbour Energy today announces that it has completed the drilling of the Timpan-1 exploration well, located 150 kilometres offshore Indonesia, in a water depth of 4,245 feet. The well was drilled to a total vertical depth of 13,818 feet subsea. The well encountered a 390 foot gas column in a…
13 July 2022
Peterson Energy Logistics expands into Australia
International energy logistics provider Peterson, part of the Royal Peterson Control Union Group, has announced expansion plans into Australia with the appointment of Ruaridh Hamilton as Australia Country Manager and the opening of a new office in Perth. Sarah Moore, CEO of Peterson Energy Logistics, said: “We’re pleased to officially…
12 July 2022
Long-term contract in Australia
Solstad Offshore has announced that the PSV Normand Swan has been awarded a term contract in Australia from a major energy company for a period of 2 years firm. Additional options are also available to the client following the firm period. Commencement of the contract is scheduled during September 2022
12 July 2022
Impact assessment Linnorm
The operator A / S Norske Shell hereby submits an impact assessment for a plan for the development and operation of Linnorm with an independent savings platform in the Norwegian Sea. A final investment decision has not been made. With the public consultation of the impact assessment implemented, it will…
12 July 2022
Acquisition of Alpha Petroleum from Shorelight Partners
Waldorf Production Limited (“Waldorf” or the “Company”) is pleased to announce that it has entered into a binding Sale and Purchase Agreement with a wholly owned subsidiary of Shorelight Partners (“Shorelight”) for the acquisition of Alpha Petroleum Resources Limited (“Alpha Petroleum”). Alpha Petroleum’s assets include a 100% working interest in…
12 July 2022
NFE Announces Agreement with Pemex to Complete Lakach Offshore Gas Field and Deploy FLNG Solution
New Fortress Energy Inc. announced that it has signed an agreement with Petróleos Mexicanos (“Pemex”) to form a long-term strategic partnership that benefits from the complementary capabilities of each company. The partnership is expressly supported by His Excellency Andrés Manuel López Obrador, the President of Mexico, and by Octavio Romero…
12 July 2022
Fugro's Innovative blue snake™ system achieves success on its first offshore wind project
Fugro has successfully completed a contract for the Netherlands Enterprise Agency (RVO) to perform a geotechnical site investigation at the IJmuiden Ver (Noord) V and VI wind farm sites as part of the geophysical survey package. Working from a third-party vessel, Fugro deployed its new Blue Snake™ geotechnical system to…
12 July 2022
Panoro Energy: Dussafu Marin Update
Panoro Energy ASA (“Panoro” or the “Company”) with OSE Ticker: “PEN”) provides the following update on operations at the Dussafu Marin Permit offshore Gabon (Panoro 17.5% working interest). Gross production at the Dussafu Marin Permit for the first six months averaged approximately 11,150 bopd and is in line with expectations.…
12 July 2022
Rovco Strengthens Offshore Wind Campaigns with Charter of VOS Star Vessel
Rovco are pleased to share that we have signed an agreement for the charter of the VOS Star from owners Vroon, supporting the delivery of our offshore wind farm projects. The charter signals a new working relationship between Rovco and the international shipping company. The 68m long DP2 multi-purpose support…
12 July 2022
Perro Negro 11 new Jack-Up becomes part of Saipem fleet and it is already committed to a five years contract in the Middle East
The new Jack-up Perro Negro 11 has just been officially christened and it becomes part of the Saipem off-shore drilling fleet. The ceremony has been held on July the 8th, 2022 in CIMC shipyard in Longkou (China) with the participation of CIMC Raffles, Ocean Challenger and Saipem. In line with…
11 July 2022
Kistos plc ("Kistos" or the "Company") Completion of Greater Laggan Area Acquisition
Kistos plc (AIM: KIST), the low carbon intensity gas producer pursuing energy opportunities in line with the energy transition, is pleased to announce the completion of the acquisition of a 20% interest in the Greater Laggan Area ("GLA") producing gas fields and associated infrastructure alongside various interests in certain other…