Search News
Latest News
11 July 2022
Approved development plan for Frosk in the Alvheim area
The Norwegian Ministry of Petroleum and Energy has today approved the Plan for development and operation (PDO) for Frosk in the Alvheim area. The operator Aker BP and licence partners Vår Energi AS and Lundin Energy Norway AS* submitted the PDO to the Ministry in September last year (link). *…
11 July 2022
Gas discovery near the Skarv field
Aker BP has completed drilling of the Storjo exploration well in production license 261 near the Skarv field in the Norwegian Sea. The well has encountered gas in several geological formations. The preliminary estimate of recoverable gas volume is between 25 and 80 million barrels of oil equivalent (mmboe). Further…
11 July 2022
Neptune Energy awards technical services contract to TechnipFMC
Neptune Energy announced the award of a new contract to TechnipFMC for the performance of technical services in Norway. The Technical Service Agreement (TSA) builds on an existing contract which has been optimised to fit Neptune’s future requirements. TechnipFMC will continue to provide a wide range of engineering, studies and…
11 July 2022
Serica Energy plc ("Serica" or "the Company") Spud of North Eigg Exploration Well
Serica Energy plc (AIM: SQZ) the British independent upstream oil and gas company with operations centred on the North Sea and over 85% gas production, is pleased to announce that the North Eigg exploration well has spudded. Well 3/24c-NE1 was spudded at 04:30 this morning by the Transocean Paul B.…
11 July 2022
Dry well near the Fenja field in the Norwegian Sea – 6306/3-2
ConocoPhillips Skandinavia AS, operator of production licence 935, has concluded the drilling of wildcat well 6306/3-2. The well was drilled about 30 kilometres south of the Fenja field in the Norwegian Sea and 85 kilometres northwest of Kristiansund. The objective of the well was to prove petroleum in the Rogn…
11 July 2022
Hitachi Energy supplies world-breaking OceaniQ™ subsea transformers to OneSubsea for its subsea multiphase compression system
Hitachi Energy has tarted testing on the world’s most powerful 24-MVA subsea transformer, which will be supplied to OneSubsea®, the subsea technologies, production, and processing systems business of Schlumberger. The tests will involve submerging the 55-tonne subsea transformer into the harbor basin to monitor its thermal behavior and pressure compensation…
11 July 2022
Saipem: achieved important milestones in the Saint Brieuc and Formosa 2 offshore wind projects
Saipem reached important milestones in Wind Offshore, respectively for the Saint Brieuc in Brittany and the Formosa 2 in Taiwan projects. Saipem has successfully completed the transport and installation of the jacket and topside of the electrical substation for the offshore wind farm in Saint-Brieuc, Brittany, France, developed by Ailes…
8 July 2022
Westwood Insight – Norway leads the way with emissions intensity and electrification projects
Following a recent Westwood Insight on emissions performance of the UKCS, this insight looks at how Norway is performing and leverages data available in Westwood’s Northwest Europe E&P product, Atlas. Westwood takes a deep dive into Norway’s emissions forecast and the impact future electrification projects are expected to have.More
8 July 2022
Biggest renewables auction accelerates move away from fossil fuels
A record amount of renewable energy has on the July 2022 has been secured through the biggest ever round of the UK government’s flagship auction scheme. The fourth round of the Contracts for Difference (CfD) scheme has been the most successful ever, securing almost 11GW across a range of clean technologies,…
8 July 2022
Draupner Energy agrees amended Phase B work program with the NSTA
Draupner Energy has reached an agreement with the North Sea Transition Authority to amend the Phase B work programmes for Production Licences P2331 and P2487. P2331 is currently in Phase B, while Draupner Energy has confirmed to the NSTA that it will enter into P2487 Phase B on 15 July…
8 July 2022
NKT is turnkey supplier for the prospective East Anglia THREE offshore wind farm
NKT has signed a contract for the production and installation of the export power cables for the prospective offshore wind farm project East Anglia THREE (EA3) developed by ScottishPower Renewables. NKT is turnkey supplier for the prospective East Anglia THREE offshore wind farm Cable laying offshore wind project Today, it…
8 July 2022
Edinburgh Exploration Well Comes Up Dry
DNO ASA, the Norwegian oil and gas operator, today reported that the Edinburgh exploration well (30/14a- 5) drilled in offshore UK license P255 is being plugged and abandoned having failed to encounter commercial quantities of hydrocarbons in the prospect. The well was drilled to a total depth of 16,500 feet…
8 July 2022
Centurion combines Aleron and Seanic UK to create Centurion Subsea Services
Centurion Group (“Centurion” or “the Group”), a global leader in the supply of rentals & services to the critical industries, is pleased to announce that it is combining Aberdeen-based brands Aleron and Seanic UK to form Centurion Subsea Services (CSS). Centurion Subsea Services provides specialist subsea equipment and engineering services…
8 July 2022
Vertech announces major services agreement with Woodside Energy
Vertech Group is extremely proud to announce the execution of a new, long term Major Services Agreement with Woodside Energy. This award sees Vertech continue our long-term relationship which commenced in 2011, culminating in the award of our first Major Services Agreement in 2014. The contracted scope of work covers…
8 July 2022
Double contract wins for Decom Engineering in North Sea and Africa Following Gulf of Thailand success
Decom Engineering (Decom) has secured two contracts worth more than £300,000 in the North Sea and offshore west Africa, strengthening their reputation as a leading provider of decommissioning services. The Northern Irish company had designed and developed a range of cold cutting saws which are deployed on a variety of…
8 July 2022
Ocean Winds awarded CfD for its Moray West project
Ocean Winds, an international company dedicated to offshore wind energy and created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE, has successfully bid for a Contract for Difference (CfD) from the UK Government, for its Moray West Offshore Wind Farm (882 MW). The project was awarded…
8 July 2022
Hexicon wins UK’s first ever CfD auction for floating offshore wind
Today (7th of July) the UK Government confirmed that Hexicon AB’s TwinHub project in the Celtic Sea was successful in the latest Contracts for Difference (CfD) Allocation Round (AR4). It has been awarded a CfD for its 32MW floating wind project at a strike price of £87.30/MWh (2012 real prices)…
7 July 2022
Adjusted production permits for several fields on the Norwegian shelf
The Ministry of Petroleum and Energy has approved adjusted production permits for several fields on the Norwegian Continental Shelf (NCS). Total sale of gas from NCS is expected at 122 billion standard cubic meters (Sm3) in 2022.More
7 July 2022
Shearwater GeoServices awarded contract for 4D baseline survey offshore Australia by Woodside
Shearwater GeoServices Holding AS (“Shearwater”) has been awarded a contract by Woodside for 4D baseline survey work over gas fields in the Carnarvon Basin Australia. The survey is expected to take 2-3 months to acquire, and will be conducted by the Geo Coral, equipped with multicomponent sensor streamers. The survey…
7 July 2022
Thor: RWE starts soil investigations for Denmark’s largest offshore wind farm
RWE has started soil investigations off the Danish west coast. Up to three research vessels will acquire geotechnical data from the seabed approximately 22 kilometres from the port of Thorsminde. The collected data is important for the fabrication and installation of the main components of RWE’s Thor offshore wind farm.…
7 July 2022
Ørsted awarded contract for world’s single biggest offshore wind farm
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded Ørsted a contract for difference for its Hornsea 3 offshore wind farm. The project was awarded at an inflation-indexed strike price of GBP 37.35 per MWh in 2012 prices. With a capacity of 2,852 MW, Hornsea 3 will…
7 July 2022
Vattenfall wins Contracts for Difference for Norfolk Boreas Offshore Windfarm
Vattenfall has been awarded contracts for the Norfolk Boreas Offshore Windfarm, the first phase of Vattenfall’s Norfolk Offshore Wind Zone and one of the world’s largest offshore wind zones. In this first phase, Norfolk Boreas will secure renewable electricity, equivalent to meet the needs of around 1.5 million homes in…
7 July 2022
Fugro's geo-data supports the development of Denmark's largest offshore wind farm
The collected Geo-data will be used to inform the design, fabrication and installation of the main wind farm components including turbine foundation, inter-array and export cables. With a planned capacity of 1,000 megawatts (MW) Thor will be Denmark’s largest offshore wind farm to date, producing enough green electricity to supply…
7 July 2022
Contract award for CSV Normand Maximus
Solstad Offshore ASA is pleased to announce that the company has signed a contract for the CSV Normand Maximus to support operations for a Client in Latin America. The estimated duration is 5 months, including mobilization and de-mobilization. The contract is scheduled to commence during December 2020.
7 July 2022
Offshore grid connection BorWin6: TenneT awards contracts for cable
In the tendering process for the award of the contract to build the 235-kilometre-long offshore grid connection system BorWin6, TenneT has now also awarded the contract for cable pro-duction and laying. Nexans will be the contractor for the sea, tidal flat and land cables. This means that the important contracts…
6 July 2022
QatarEnergy announced the selection of Shell plc. as partner in the North Field East (NFE) expansion project
QatarEnergy announced the selection of Shell plc. as partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG industry. The partnership agreement was signed today in a ceremony at QatarEnergy’s headquarters in Doha, by His Excellency Mr. Saad Sherida Al-Kaabi, the…
6 July 2022
TechnipFMC Awarded Integrated FEED (iFEED™) Contract by Equinor for BM-C-33 Project in Brazil
TechnipFMC has signed a Letter of Intent with Equinor Energy do Brazil Ltda., a subsidiary of Equinor ASA (Equinor), for an integrated Front End Engineering and Design (iFEED™) study on its BM-C-33 project offshore Brazil. The study will finalize the technical solution for the proposed gas and condensate greenfield development…
6 July 2022
Stena Icemax contract with BP Canada Energy Group ULC
Stena Drilling are pleased to announce that they have signed a new contract with BP Canada Energy Group ULC for mobile offshore drilling unit (MODU) Stena Icemax. The one (1) well programme, scheduled for 2023, will be off the coast of Newfoundland (Canada) and has an estimated duration of 80…
6 July 2022
Extending drilling capacity in Brazil with Valaris DS-17
On behalf of the Bacalhau licence partners, Equinor Brazil has awarded Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil Petróleo e Gás LTDA, a 540-day drilling contract scheduled to start in 2023. Geir Tungesvik, executive vice president for Projects, Drilling and Procurement. The Valaris DS-17 drillship has…
6 July 2022
Lime Petroleum farm downs 10 per cent interests in two North Sea licences
Lime Petroleum AS (“Lime”) wishes to announce that it has on 30 June 2022, signed an agreement with Vår Energi to farm down by 10 percent, Lime’s 40 percent interests in licences PL820 S and PL 820 SB in the North Sea. Lime had on 14 April 2022, signed an…
6 July 2022
THREE60 Energy acquires Fraser Well Management
THREE60 Energy has acquired well and pipeline operator and well management specialist, Fraser Well Management, broadening and strengthening the company’s wells credentials. The acquisition leads THREE60 Energy to become one of only two companies that can undertake the role as outsourced duty holder (installation operator), pipeline operator and well operator…
6 July 2022
Australian government contracts Wood as owner’s team for critical decommissioning scope
Wood has been awarded the role of Owner’s Team by the Australian Government, with responsibility for overseeing the first decommissioning phase of the Northern Endeavour Floating Production Storage and Offtake (FPSO) facility in the Timor Sea. Working on behalf of the Australian Government, Wood will work closely with the Department…
6 July 2022
Energy island rush accelerates as DNV supports Elia Transmission Belgium on offshore renewable project
DNV, the independent energy expert and assurance provider, is supporting Elia Transmission Belgium as the construction tender for the project, which will receive renewable energy generated offshore, convert it to consumable power and deliver it to Europe opens. Completion of the island is expected mid-2026. From 2026-2027, Elia will start…
5 July 2022
The Crown Estate announces areas of search to support growth of floating wind in the Celtic Sea
In a major step forward in supporting the UK’s net zero ambitions, The Crown Estate has identified five broad ‘Areas of Search’ for the development of floating offshore wind in the Celtic Sea – a region rich in natural resources, including world-class wind resource that can be developed with floating…
5 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 six (6) remaining wells to be drilled which are expected to occupy the rig into…
5 July 2022
Petrofac continues growth in Africa with Tullow’s Jubilee award
Petrofac, a leading provider of services to the global energy industry, sees further growth in Africa having been selected by Tullow Oil to provide operations services for their world-class Jubilee Development in Ghana, West Africa. Petrofac’s role on the Jubilee Development in Ghana – one of the largest oil fields…
5 July 2022
Vestas pioneers world’s first hydrogen-powered offshore service vessel
As part of its journey towards becoming carbon neutral by 2030, without the use of offsets, Vestas is pioneering innovative solutions to reduce carbon emissions from its own operations. In collaboration with long-term supplier Windcat Workboats, Vestas is launching a pilot program to explore how the world’s first hydrogen-powered crew…
5 July 2022
Giant Gennaker project pumps Siemens Gamesa’s offshore sails
Siemens Gamesa and wpd have signed a Master Supply Agreement for the massive 927-MW Gennaker offshore wind power plant. Located a mere 15 km off the German coast, the powerful project is intended to feature 103 Siemens Gamesa Direct Drive offshore wind turbines each with a 167-meter rotor. With the…
5 July 2022
Orbital Marine Power completes operational finance of world’s most powerful tidal turbine
Orbital, the renewable energy company focused on the development and global deployment of its pioneering floating tidal turbine technology, today reached a significant operational funding milestone. New investment secured from the Scottish National Investment Bank and individuals via the Abundance Investment platform will finance the ongoing operation of the O2,…
5 July 2022
Longboat Energy plc (“Longboat Energy”, “Longboat” or the “Company”) Completion of Farm-in Agreement
Longboat Energy, the emerging full-cycle North Sea E&P company, is pleased to announce that the farmin agreement with OMV (Norge) AS (“OMV”), announced on 9 May 2022, has now completed. Through the agreement, Longboat farmed-in to two near-term, gas weighted exploration prospects on the Norwegian Continental Shelf (“NCS”) targeting combined…
5 July 2022
Strohm delivers first deep-water TCP Jumper in Guyana
In a first for the Americas region, ExxonMobil affiliate Esso Exploration & Production Guyana Ltd (“EEPGL”) is set to install a subsea water alternating gas (WAG) jumper made from Strohm’s Thermoplastic Composite Pipe (TCP) on the Liza Phase 2 project in Guyana. This will be followed by a multi-jumper deployment…
4 July 2022
Drilling permit for well 35/6-3 S
The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy Norge AS drilling permit for well 35/6-3 S, cf. Section 13 of the Resource Management Regulations.
4 July 2022
Drilling permit for well 30/5-4 S
The Norwegian Petroleum Directorate (NPD) has granted OMV (Norge) AS drilling permit for well 30/5-4 S, cf. Section 13 of the Resource Management Regulations.
4 July 2022
DNEX'S subsidiary ping takes delivery of FSPO for the Avalon development
Dagang NeXchange Berhad (“DNeX”), via its subsidiary Ping Petroleum UK PLC (“Ping”), has taken delivery of the Sevan Hummingbird Floating Production Storage and Offloading (“FPSO”) vessel from marine energy transportation company, Teekay Corporation. Acquisition of the FPSO is a critical milestone in the Central North Sea Avalon Development Project, which…
4 July 2022
3D Oil Limited farmout VIC/P79 to ConocoPhillips Australia
3D Oil Limited s pleased to announce that ConocoPhillips Australia SH2 Pty Ltd (“ConocoPhillips Australia”) has executed a Farmout Agreement (“FOA”) in relation to the offshore Victorian Exploration Permit VIC/P79 (“Permit”), located in the Otway Basin. Under the terms of the FOA, ConocoPhillips Australia will acquire an 80% interest in the…
4 July 2022
TGS Named Successful Bidder in the Auction Process for ION Assets
TGS ASA, a global provider of energy data and intelligence, today announced that it has been named a successful bidder in the auction process conducted in connection with ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United States Bankruptcy Court for the Southern District of Texas. As…
4 July 2022
IOG plc Investor Presentation
IOG plc, the Net Zero UK gas and infrastructure operator focused on high return projects, has released an updated Investor Presentation incorporating production data up to 30 June 2022. The presentation can be accessed here: https://bit.ly/3NzKiY2 Andrew Hockey will present on IOG at the Proactive One2One Investor Forum this Wednesday…
4 July 2022
Fugro expands its USV fleet with the development of the 'Blue Prism™' for autonomus and sustainable geophysical surveys
Fugro has signed a contract with Kooiman Engineering and Van Oossanen Naval Architects for the naval design of Blue Prism™, Fugro’s next generation of uncrewed surface vessels (USVs). Specifically engineered for operations in both coastal and offshore environments, the Blue Prism ™ will combine an ultra-low carbon footprint with high…
4 July 2022
New contract for Oss-nor in Hammerfest
Vår Energi ASA awards Hammerfest based Oss-nor a framework agreement for valve services. With the agreement, Vår Energi continues its collaboration with Oss-nor for services related to valve service on the Goliat platform in the Barents Sea. Head of the Vår Energi office in Hammerfest, Steffen Varpe says: We have…
1 July 2022
Vår Energi enters strategic supplier partnership
Vår Energi ASA enters a strategic partnership with Aker Solutions AS, Havfram AS and Saipem S.A for SPS/SURF deliveries, in preparation for record high activity level on the Norwegian Continental Shelf (NCS). The strategic partnership with Aker Solutions, Havfram and Saipem covers fabrication, delivery, and installation of subsea production equipment…