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1 July 2022
TAQA Group successfully completes large-scale offshore decommissioning project in Brae Field
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Europe, the Middle East and Africa region, announced it has completed the safe and successful removal of the Brae Alpha West drilling rig (Rig 1) and the Brae Bravo upper main jacket in…
1 July 2022
Rovco Signs Subsea Contract for Hollandse Kust (noord) Offshore Wind Farm
Rovco are delighted to disclose that the company have signed a contract with Van Oord to perform subsea investigation works on Dutch offshore wind farm Hollandse Kust Noord. The company have been contracted to carry out an unexploded ordnance (UXO) investigation and identification campaign, as well as survey work across…
1 July 2022
Contract awards for CSVs
Solstad Offshore ASA is pleased to announce the following contract awards for the CSVs “Normand Cutter” and “Normand Sentinel”. Normand Cutter has been awarded a contract with an undisclosed client in South America for a firm charter period of 460 days with the possibility of further 480 days extension. Commencement…
1 July 2022
Osbit delivers well intervention system to FTAI Ocean
Osbit, the offshore technology company, has successfully delivered a new well intervention tower system to FTAI Ocean. The system, which comprises of 1,300 tonnes of equipment and stands at 40 metres tall, will enable riser and riserless based well intervention activities in water depths up to 1,500 metres. Osbit’s design…
1 July 2022
TGS Acquires Prediktor
TGS ASA ("TGS"), a global provider of energy data and intelligence, announced today that it has acquired Prediktor AS ("Prediktor"), a leading provider of asset management and real-time data management solutions to renewable and energy asset owners. Established in 1995, the company has carried out thousands of installations on mission-critical…
1 July 2022
Plenitude and HitecVision strengthen their strategic cooperation in offshore wind through the expansion of Vårgrønn
Plenitude (Eni) and HitecVision announce today an agreement to expand their Norwegian renewable energy company, Vårgrønn. The partners’ joint ambition is to build Vårgrønn into a material full cycle offshore wind player, targeting 5 GW of installed and sanctioned offshore wind capacity by 2030, with a focus on key Northern…
30 June 2022
Aker BP orders two remote systems from Optime Subsea
Aker BP has contracted Optime Subsea to deliver two Remotely Operated Controls Systems (ROCS). In February last year, Aker BP completed its first subsea well completion operation using ROCS on the Ærfugl field. The company has since then successfully run the ROCS on six more wells, without any down time.…
30 June 2022
Sembcorp Marine Delivers World’s First Eighth-Generation Drillship
Sembcorp Marine Ltd has successfully completed the delivery of the world’s first eighth-generation drillship, the Deepwater Atlas, for Transocean’s subsidiary Triton Atlas GmBH (“Transocean”). The completion of Deepwater Atlas marks a key milestone in Sembcorp Marine’s offshore construction track record. The vessel’s successful delivery is a testament to the Group’s…
30 June 2022
Starting shot for Ostwind 3 approval procedure
The application documents for the section in the EEZ relate both to the construction and operation of the approximately 24-kilometre-long submarine cable and to 50Hertz's own transformer platform at the Windanker wind farm. The planning approval authority - the BSH - is currently checking the documents for completeness. 'By submitting…
30 June 2022
RWE and Tata Steel enter new partnership to support green industrial revolution and offshore wind power generation in Wales
RWE, Wales’ largest electricity producer, has entered a new partnership with Tata Steel to understand and explore the production of steel components that could be used in high-tech floating wind foundations and structures for projects in the Celtic Sea. The industry leaders will work together to identify the steel components…
30 June 2022
Equinor transfers operatorship for Gulf of Mexico field to Shell
Equinor has agreed to sell to Shell 51% of its interest in the North Platte deep water development project in the US Gulf of Mexico. Equinor will retain 49% interest in the project, and Shell will become the new operator of the field. To reflect this change, Equinor and Shell…
30 June 2022
Woodside Energy welcomes progress on NWS project extension
The Western Australian Environmental Protection Authority (EPA) has made public its Report on the North West Shelf (NWS) Project Extension proposal. This includes recommending key environmental conditions for the ongoing operations of the NWS in the decades ahead. The Woodside-operated NWS Project pioneered the LNG industry in Australia and has…
30 June 2022
Dogger Bank A offshore substation has arrived in Haugesund
The offshore wind platform for Dogger Bank A arrived at Aibel’s yard in Haugesund. The platform is the first of three platforms that Aibel will deliver to the world’s largest offshore wind farm, Dogger Bank, which is located in the North Sea, 130 kilometers off the Yorkshire coast. The platform…
30 June 2022
Preparing Nova for start-up
The authorities have granted consent to start production from the Nova field in the North Sea. Nova will be developed with two seabed templates, one for oil production and one for water injection (to increase oil recovery). The field will be tied back to the Gjøa field for processing and…
29 June 2022
RWE and Siemens Gamesa join forces to boost Polish offshore wind industry
RWE and Siemens Gamesa join forces to accelerate the offshore wind growth in Poland. RWE selected Siemens Gamesa as preferred supplier for their F.E.W. Baltic II offshore wind project. The 350 MW wind farm is intended to utilize 25 of Siemens Gamesa’s flagship SG 14-236 DD offshore wind turbines. A…
29 June 2022
Maersk Drilling awarded one-well contract with Shell in the UK North Sea
Maersk Drilling has secured a contract from Shell UK Ltd for the provision of the harsh-environment jack-up rig Maersk Resilient for the drilling of the Pensacola well in the UK sector of the North Sea. Maersk Drilling awarded one-well contract with Shell in the UK North Sea The contract is…
29 June 2022
Scana company extends frame agreement with Odfjell Drilling
Scana-owned PSW Technology has signed a 1-year extension of its frame agreement with Odfjell Drilling for maintenance and recertification of marine riser and subsea equipment for all the drilling units of the company. This is a strategic important contract for the company. The agreement involves inspection, maintenance, and repair (IMR)…
29 June 2022
Saipem: awarded onshore Drilling and offshore E&C contracts in the Middle East worth approximately 1,250 million USD
Saipem has been awarded several contracts, both onshore and offshore, in the Middle East worth approximately 1,250 million USD. The first group of contracts concerns the extension of onshore drilling contracts in the Middle East for an overall amount of approximately 600 million USD. The awards relate to the ten-year…
29 June 2022
TGS Announces Seismic Reprocessing Project in Central North Sea
TGS, a global provider of energy data and intelligence, today announced a new seismic reprocessing project designed to secure exploration success in the Western Margins of the Central North Sea.This project will see the reprocessing of 3,500 square kilometers of data in the Greater Catcher Area covering quads 21, 28,…
29 June 2022
PGS Releases Additional 3D Data for West Africa Transform Margin and Côte d’Ivoire
Côte d’Ivoire’s prospective Tano Basin is targeted with this additional 3108 sq. km of 3D seismic data targets open acreage, which expands continuous MegaSurvey data coverage from Côte d’Ivoire to Nigeria. In partnership with PetroCi and Direction Générale des Hydrocarbures, PGS has expanded the Côte d’Ivoire MegaSurvey, bringing the total…
29 June 2022
LLOG Exploration Announces First Production from Spruance Field in Deepwater Gulf of Mexico
LLOG Exploration Company, L.L.C. (“LLOG” or “the Company”), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (“GOM”), announced that it recently commenced production from its LLOG-operated Spruance Field which is located in Ewing Bank (“EW”) Blocks 877 and 921. The two-well subsea development is producing,…
29 June 2022
Fluxys and Equinor launch solution for large-scale decarbonisation in North-Western Europe
The two companies have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to safe storage sites in the North Sea, connecting Belgium to Norway. The project is in the feasibility stage, with an investment decision expected by 2025. Carbon capture, transport and storage (CCS) is…
28 June 2022
Winning a global master service agreement with Chevron
Worley have entered into a global master services agreement with Chevron Corporation covering Chevron’s upstream, midstream, and downstream business needs. The agreement can be used by Chevron’s business units including those involved in onshore and offshore assets as well as during project development. Under the agreement, we will provide engineering…
28 June 2022
Siemens Gamesa awarded firm order for 913 MW offshore wind power project
Siemens Gamesa is again leading the offshore revolution in Germany with a 913 MW firm order from customer Ørsted. 50 km off the coast of Lower Saxony in the German North Sea, three constituent areas within the overall development contribute to the 913 MW total export capacity. In addition to…
28 June 2022
Modus and Global Marine Group Extend Contract
Modus, a leading subsea services contractor and Global Marine Group, a global provider of subsea cable installation, are set to continue to work together with an extension of their contract for trenching services for cable installation. Modus is currently supplying Global Marine with a jet trencher on board their vessel,…
28 June 2022
Vestas secures offshore order for floating wind project Eolmed in France
A consortium formed by Qair, TotalEnergies and BW Ideol has placed a 30 MW order for the Eolmed offshore wind park, a floating project located 18 km off the coast of Gruissan and Port-la Nouvelle, France, in the Mediterranean Sea. The contract includes the supply, transport, installation supervision and commissioning…
28 June 2022
Drilling permit for well 25/7-10
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS drilling permit for well 25/7-10, cf. Section 13 of the Resource Management Regulations.
28 June 2022
Equinor – consent to use Transocean Equinox
The Petroleum Safety Authority Norway (PSA) has given Equinor consent to use Transocean Equinox for well intervention on the Martin Linge field.
28 June 2022
Aker BP – consent to use Maersk Integrator
The Petroleum Safety Authority Norway (PSA) has given Aker BP consent to use Maersk Integrator for well intervention and living quarters on the Valhall Flanke Nord field.
28 June 2022
Crowley, ESVAGT Strengthen Venture for U.S. Offshore Wind Vessels
The new agreements, which follow the original agreement between the companies in 2021, will support their joint efforts for service operation vessels (SOVs). The latest additions focus on the financial and development efficiencies in the vessel development process between the companies. The venture was created to develop a best-in-class design…
28 June 2022
Peterson Energy Logistics reaches agreement with Liberty Industrial for exclusive use of Great Yarmouth facility
International energy logistics provider Peterson and Liberty Industrial (Liberty) have established a strategic alliance that will allow Liberty exclusive use of the Peterson Great Yarmouth Outer Harbour yard facility. In the exclusive agreement, the yard will be used to decommission offshore topsides, jackets and subsea equipment in line with Liberty…
27 June 2022
Drilling permit for well nummer 6607/12-5
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS drilling permit for well 6607/12-5, cf. Section 13 of the Resource Management Regulations.
27 June 2022
Borr Drilling Limited enters into letter of intent for the sale of three jack-ups
Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) has signed a binding letter of intent with an undisclosed third party for the sale of 3 high-specification units under construction with Keppel FELS shipyard – namely “Tivar”, “Huldra” and “Heidrun” (the “Transaction Rigs”). The sale transaction is subject to customary…
27 June 2022
RWE and BOURBON enter partnership to jointly bid for French Mediterranean floating offshore wind project under the A06 tender
RWE Renewables France and Bourbon Subsea Services announced the signing of a partnership agreement to jointly bid for the Mediterranean floating offshore wind auction. The partners have applied to be selected as eligible bidders for the A06 tender – the respective announcement by the French government is expected during the…
27 June 2022
ION completes Mauritania 3D reprocessing program, providing a greater understanding of the MSGBC basin
ION Geophysical Corporation (OTC: IOGPQ) announced that it has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its Mauritania 3D reprocessing program. The multi-client program was undertaken through an exclusive agreement with the Ministry of Petroleum, Energy and Mines in Mauritania.…
27 June 2022
BW Energy Signs agreement to acquire the FPSO Cidade de Vitoria, currently producing on the Golfinho field
BW Energy has signed an agreement to acquire the FPSO Cidade de Vitoria from Saipem for a cash consideration of USD 73 million. The transaction is subject to fulfilment or waiver of conditions precedents with an expected closing and takeover of the FPSO in the first quarter of 2023. The…
27 June 2022
Global offshore wind capital expenditure to more than double, top $100 billion in 2030
Installations and investments in the global offshore wind industry are set to surge this decade as nations seek to transition to cleaner sources of energy, with total capital expenditure projected to more than double from $46 billion in 2021 to $102 billion in 2030, Rystad Energy research shows. Driving this…
27 June 2022
Siemens Gamesa & Doosan Enerbility sign strategic offshore wind Memorandum of Understanding
Siemens Gamesa and Doosan Enerbility recently signed a non-binding Memorandum of Understanding (MOU) to investigate strategic cooperation within offshore wind power activities. The MoU, signed in Copenhagen, Denmark, covers investigations of potential collaboration between the two companies on several Korea-focused fronts. They are related to collaboration on large-scale offshore wind…
24 June 2022
Baker and other low risk exploration prospects
Cornerstone, a gas development company focused on creating substantial growth from low-carbon production, is delighted to announce that it has completed the acquisition of Block 47/3f (as well as certain other blocks) in offshore Licence P.2433, UK Southern North Sea from Painted Wolf Resources Limited. Block 47/3f, which lies to…
24 June 2022
MMA Offshore to acquire Subcon
It was announced that MMA Offshore Limited has entered into an agreement to acquire Subcon International Pty Ltd through the acquisition of 100% of Subcon International Pty Ltd. The acquisition supports MMA’s growth objectives and is expected to generate a number of key strategic benefits: Enhanced capability to service our…
24 June 2022
Substantial Uplift in Project Value Following Independent Technical and Commercial Audit of Anning and Somerville Gas Fields
Hartshead Resources NL is pleased to announce an upgrade in the Contingent Resources of the Anning and Somerville gas fields to Reserves following an independent technical audit of the Phase I Development Plan by ERC Equipoise Limited (ERCE). The technical and commercial audit has resulted in the compilation of a…
24 June 2022
Electrification Competition studies underline importance of cross-industry collaboration
Cost-efficient emissions reductions of up to 87% on offshore oil and gas platforms could be achieved using alternative power sources, according to the winners of a competition launched to accelerate electrification of oil and gas assets in the North Sea. The NSTA has published the full reports of the three…
24 June 2022
Orcadian Energy plc (“Orcadian Energy”, “Orcadian” or the “Company”) Report on carbon emissions solution for North Sea
Orcadian Energy (AIM:ORCA), the low-emissions North Sea oil and gas development company, is pleased to announce that the North Sea Transition Authority (“NSTA”) published, this morning, the full report prepared by the Company and its partners, for the Platform Electrification competition launched in September 2021. The competition sought electrification concepts…
24 June 2022
Intrakat and Parkwind join forces to develop offshore wind in Greece
Parkwind and Intrakat announce an official partnership to jointly develop offshore wind opportunities in Greek waters. Bringing offshore development experience and a deep knowledge, the two companies bring forward complementary competences in offshore development and local infrastructure experience. With headquarters in Greece and a significant international presence, the Intrakat Group,…
24 June 2022
Marvelous Moray West: Siemens Gamesa awarded firm order for 882 MW Scottish offshore wind power project
Siemens Gamesa has been awarded the firm order for the delivery of 60 units of its SG 14-222 DD offshore wind turbine at the Moray West offshore wind power project. The wind turbines will have a capacity of 14.7 MW each and utilize the PowerBoost feature. A service agreement is…
24 June 2022
Noble Corporation announces agreement to divest remedy rigs and provides update on merger control process
Noble Corporation announced that it has entered into an asset purchase agreement to sell five jackup rigs for $375 million to a newly formed subsidiary (“Buyer”) of Shelf Drilling, Ltd. (“Shelf Drilling”) whose obligations under the asset purchase agreement will be guaranteed by Shelf Drilling (the “Remedy Rig Sale Agreement”). The…
23 June 2022
Westwood Insight – Near 15GW of floating wind capacity expected online by 2030
The global floating wind market is a rapidly developing one with a very strong portfolio of projects in the pipeline. Westwood is currently tracking over 121GW worth of projects in its offshore wind solution, WindLogix, representing a huge amount of potential floating wind capacity. Of the 121GW, close to 15GW…
23 June 2022
Awarded new contract for Equinor in Hammerfest
AF Gruppen has been the appointed contractor for a new modification and maintenance contract for civil works for Hammerfest LNG at Melkøya for Equinor on behalf of Hammerfest LNG. The work includes modification and maintenance work at Melkøya within civil works. The contract will commence August 1st, 2022. The contract…
23 June 2022
Equinor and Nordic Unmanned start the world’s first offshore logistics operations using drones
Nordic Unmanned has received a call-off for the next phase of the Drone Offshore Logistics Contract with Equinor. The offshore operations will take place from the Gullfaks C offshore installation in the North Sea and will commence on 15. August. The operation marks a new milestone for the drone industry…
23 June 2022
Eco Atlantic Oil & Gas Ltd. Operations Update - Gazania-1 Well Block 2B, South Africa
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, provides an update on the operations for its planned Gazania-1 Well, offshore South Africa. Eco through its wholly owned subsidiary Azinam South Africa Limited Operates and holds a 50% working interest ("WI")…