Search News
Latest News
15 June 2022
Sale of vessel – Normand Corona
Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, have sold the PSV Normand Corona. Delivery of the vessel to the new owner took place today, June 14th, 2022. The sale of the vessel will result in a minor positive accounting effect to be reflected in 2Q 2022.
15 June 2022
Strategic Partnership with CPower Energy
Expert offshore energy services solutions and personnel provider CPower Energy Ltd. and international engineering and contracting company Semco Maritime A/S announce their strategic partnership, with Semco Maritime acquiring 20% of CPower Energy. The partnership looks to harness the substantial growth opportunities in the UK and global offshore wind markets, bringing…
15 June 2022
Dry well near the Ormen Lange field in the Norwegian Sea – 6305/5-C-3 H
Equinor Energy AS, operator of production licence 209, has concluded the drilling of wildcat well 6305/5-C-3 H. The well was drilled about 137 kilometres west-northwest of Kristiansund in the Norwegian Sea. The objective of the well was to prove petroleum in reservoir rocks in the Lange Formation and the Lysing…
14 June 2022
Corio plans to develop five Brazilian offshore wind projects
Corio Generation, a global offshore wind business, announces its plans for offshore wind in Brazil, with five projects totalling more than 5 GW in early-stage development. Corio Generation is a portfolio company of Macquarie’s Green Investment Group, operating on a standalone basis. Launched in April 2022, Corio already has one…
14 June 2022
TotalEnergies and Adani Join Forces to Create a World-Class Green Hydrogen Company
TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million…
14 June 2022
Aker BP - consent to use Deepsea Nordkapp
The Petroleum Safety Authority Norway (PSA) has given Aker BP consent to use Deepsea Nordkapp for production drilling on the 24/9-12 S (Frosk) discovery.
14 June 2022
Okea - consent to use COSL Promoter
The Petroleum Safety Authority Norway (PSA) has given Okea consent to use COSL Promoter for permanent plug and abandonment of wells on the Draugen field.
14 June 2022
Petrofac awarded five-year Integrated Services Provider contract
Petrofac, a leading provider of services to the global energy industry, has been awarded an Integrated Services Provider (ISP) contract by Anasuria Operating Company (AOC). Under the contract, Petrofac will provide onshore and offshore personnel and a range of technical support services. The five-year contract, which has an option to…
14 June 2022
WA designed offshore inspection system pushes frontier of robotics
Woodside has collaborated with industry to create a state-of-the-art offshore caisson cleaning and inspection tool (CCAIT system) that allows safe and cost-effective remote inspection of critical equipment on its offshore platforms. The one-of-a-kind system was designed, developed and deployed in less than 12 months via a collaboration led by Woodside…
14 June 2022
Bonaparte MC3D Marine Seismic Survey
Schlumberger Australia Pty Limited (SLB) is proposing to acquire the Bonaparte Multiclient 3D Marine Seismic Survey (the Seismic Survey) in the Bonaparte Basin to collect high-quality geophysical data regarding rock formations and structures beneath the seabedMore
14 June 2022
bp reshapes Canada portfolio for strong future growth
bp will increase its acreage position offshore Eastern Canada and sell its 50% non-operated interest in the Sunrise oil sands project in an agreement reached with Calgary-based Cenovus Energy. Total consideration for the transaction includes C$600 million (Canadian dollars) cash, a contingent payment with a maximum aggregate value of C$600…
14 June 2022
Saipem signs Memorandum of Understanding (MoU) with Trevi for foundation drilling solutions and services for offshore wind farm projects
Saipem SpA and Trevi SpA have signed a Memorandum of Understanding to cooperate to jointly develop a design of two drilling systems for large diameter foundation holes for wind farms. Efficiently drilling large diameter holes to host foundation piles represents an essential skill to ensure the successful installation of offshore…
13 June 2022
Sercel Equips New Vessel in South Korea with a Complete Marine Seismic Acquisition System for 3D Seismic Research
CGG announced that Sercel has sold a complete marine seismic acquisition system to HJ Shipbuilding & Construction, a South Korean shipbuilding leader. The contract calls for the supply of a Seal 428 recording system, including Sentinel® streamers, a Nautilus® streamer positioning system, and G-Source II high-performance impulsive sources. The system…
13 June 2022
Orcadian Energy plc (“Orcadian Energy”, “Orcadian” or the “Company”) Draft FDP and Farm-out Process Update
Orcadian Energy (AIM:ORCA), the low-emissions North Sea oil and gas development company, is pleased to provide the following update. Highlights: The Company has submitted a draft Field Development Plan for the Pilot oilfield to the North Sea Transition Authority (NSTA) A structured farm-out process has been initiated for the Pilot…
13 June 2022
Pioneering Spirit delivers latest Valhall payload
Pioneering Spirit is back in Stord, Norway to deliver multiple decommissioned platform facilities removed from the North Sea’s Valhall field complex, offshore Norway. The world’s largest vessel arrived in Stord on 9 June with the entire production and compression (PCP) platform topsides, upper section of the original drilling platform (DP)…
13 June 2022
Bourbon Mobility fully committed to Saipem for the marine logistics of BP’s Greater Tortue Ahmeyim (GTA) field Hub Terminal
Bourbon Mobility is supporting Saipem on the construction of the LNG terminal on the Greater Tortue Ahmeyim field off the coast of Mauritania and Senegal, with the chartering of 2 vessels, the Sirocco FSIV (Fast Support Intervention Vessel) and the Surfer 2609. World leader in personnel transportation in the Oil…
13 June 2022
Schlumberger and Subsea 7 Renew Global Subsea Integration Alliance
Schlumberger and Subsea 7 announced that they have signed an agreement to renew Subsea Integration Alliance for a further seven years. Subsea Integration Alliance is a worldwide non-incorporated alliance between Subsea 7 and Schlumberger’s OneSubsea® subsea technologies, production and processing systems business, to jointly design, develop and deliver integrated subsea…
13 June 2022
Keel Laying Ceremony for Seaway Ventus
Seaway 7’s new wind turbine installation vessel Seaway Ventus has reached its second significant build milestone with the laying of the keel. The occasion was marked this week with a keel laying ceremony which took place on Monday 6th June, at the China Merchants Heavy Industry (CMHI) Haimen facility, Nantong,…
13 June 2022
Swan Hunter joins forces with PASSER Group to create a leading cable handling and logistics group
PASSER Group and Swan Hunter has agreed to merge their cable rental and logistics operations into a new company; PASSER LARS (Logistics And Rental Solutions), to create a leading player in the global cable handling and logistics rental market. PASSER LARS will have offices in the Netherlands and UK, in…
13 June 2022
Westwood Insight – Global active OSV fleet boosted by significant reactivations
Higher oil prices in the first half of 2022 and its impact on oil market fundamentals is already showing a material uptick in offshore exploration and production (E&P) investment and rig count. This will drive considerable demand for Offshore Support Vessels (OSVs) over the next two years, encouraging owners to…
10 June 2022
OSM to carry upgrade modifications on Equinor's FSU Heidrun B
OSM Offshore AS has been awarded a large offshore Contract for the overall upgrade modifications of the Heidrun B Floating Storage Unit (FSU) from Equinor Energy AS. The Heidrun B vessel unit is operating at the Heidrun field at the Halten bank off the coast of mid-Norway. The vessel was…
10 June 2022
DeepOcean charters battery-powered subsea vessel
Ocean services provider DeepOcean has entered into a two-year time charter agreement with options for further extensions with Volstad Maritime for the M/S Volantis subsea construction vessel. As part of the fixture to DeepOcean, the vessel will be upgraded with battery power notation before commencing the contract in the first…
10 June 2022
New TSV Athena ready to sail for her first job as part of the Asso fleet
After an intensive maintenance plan following her acquisition, the Athena emerged from the shipyard resplendent in her new livery and logo, ready for her first deployment as part of the Asso Group’s fleet, to perform SAT Diving and light IMR duties in the Eastern Mediterranean. During this maintenance period, preparatory…
10 June 2022
Vantage Drilling International Announces Contract Award for the Tungsten Explorer
Vantage Drilling International (“Vantage” or the “Company”), announced today that one of its subsidiaries entered into a drilling services contract with a subsidiary of TotalEnergies in respect of its ultra-deepwater drillship, the Tungsten Explorer. The contract is for a minimum duration of 225 days with three possible options for extension.…
10 June 2022
CH-10 Workover to increase production by ~130 BOPD
The Cliff Head Joint Venture (CHJV) is pleased to provide the following update on its Cliff Head Operations (Cliff Head) in respect to the commencement of the Cliff Head 10 (CH-10) Workover campaign. The CH-10 well was shut in, September 2021, due to a downhole electrical fault. This well had…
10 June 2022
Empyrean Energy plc Block 29/11, China - Decision to enter second phase of exploration for drilling Topaz Prospect
Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to provide the following update on the completion of post well analysis and entering the second phase of exploration and drilling the Topaz prospect at its…
10 June 2022
Preparations for Israel's 4th Offshore Bidding Round
The Ministry of Energy announces preparations for the fourth offshore bidding round (OBR 4) for oil and gas exploration licenses in Israel’s Exclusive Economic Zone.More
10 June 2022
Fugro Investigation recommends combining CCS with Offshore Wind Farm developments
The Netherlands’ Ministry of Economic Affairs and Climate Policy commissioned Fugro to assess whether areas of the North Sea could simultaneously be used for offshore wind farm (OWF) developments as well as carbon capture and storage (CCS) solutions. Based on the evaluation of current practice, Fugro determined that while both…
9 June 2022
NnG takes huge step forward with first substation in place offshore
Neart na Gaoithe (NnG) offshore wind farm, under construction 15km off the coast of Fife, has achieved a major milestone as the first of its two offshore electricity substations was installed at the site of the project. This milestone means NnG can be fully connected to the National Grid ahead…
9 June 2022
New discovery near the Johan Castberg field in the Barents Sea
Shortly after the Snøfonn North discovery near the Johan Castberg field in the Barents Sea, Equinor has made another oil and gas discovery in Skavl Stø, exploration well 7220/8-3. The well was drilled five kilometres south-southeast of discovery well 7220/8-1 on the Johan Castberg field, 210 kilometres northwest of Hammerfest.…
9 June 2022
Drilling permit for well 6306/3-2
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS drilling permit for well 6306/3-2, cf. Section 13
9 June 2022
Three companies have applied for a licence to store CO2
When the application deadline expired on 1 June, the Ministry of Petroleum and Energy (MPE) had received applications from three companies that are interested in awards of acreage suitable for future storage of CO2. The area was announced in April, and comprises defined blocks in the North Sea. The companies…
9 June 2022
DEME's next generation vessel 'Orion' successfully installs first monopile at Arcadis Ost
Deploying ‘Orion’, the newest member of the DEME fleet and the most innovative vessel in the offshore wind industry, DEME Offshore has successfully installed the first XXL monopile at Parkwind’s Arcadis Ost 1 offshore wind farm in Germany. DEME’s revolutionary, floating DP3 offshore installation vessel is set to install the…
9 June 2022
Bittern PA-A2 Well Intervention completed
Tailwind has announced a successful well intervention in the Dana-operated Bittern Field.On well PA-A2, new perforations were added to the upper reservoir and a water shut-off plug in the lower reservoir section delivering an increase in oil rate of c. 3,000 boe/d above the pre-existing oil rate of c. 1,000 boe/d.
9 June 2022
Yinson-Sumitomo holds Naming Ceremony for FPSO Anna Nery
Yinson together with project partner Sumitomo Corporation (“Sumitomo”) officially named Yinsons newest asset, FPSO Anna Nery, during a grand naming ceremony held concurrently in Jiangsu, China and Kuala Lumpur, Malaysia. Live feeds from the two locations were shared virtually to a global audience via a dedicated event website. FPSO Anna…
9 June 2022
Sweden bans extraction of coal, oil and natural gas and tightens rules on extraction from alum shale
A ban on extracting coal, oil and natural gas in Sweden will enter into force in Sweden on 1 July this year. It will be an important step in the process of transitioning to a fossil-free society. This was announced by Minister for climate and the environment Annika Strandhäll on…
9 June 2022
Awilco Drilling Plc : Sale of Wilphoenix Concluded
Awilco Drilling Plc announces that its fully owned subsidiary, Awilco Drilling Offshore (UK) Limited, has now concluded the previously announced sale of the drilling rig WilPhoenix. Concurrent with this transaction, the short-term shareholder loan with Awilhelmsen Offshore AS and QVT Family Office Fund LP has been redeemed.
8 June 2022
PGS Expands SNS Vision to Cover New UK Carbon Storage Sites Following Awards
SNS Vision is growing with the inclusion of new CCS license areas just awarded. Total coverage is now over 12 000 sq. km of Southern North Sea post-salt carbon storage potential. The data will be ready in spring 2023. The SNS Vision dataset from PGS is a data rejuvenation project…
8 June 2022
Vestas and EnBW sign conditional order agreement for the 900 MW He Dreiht offshore project in Germany
With reference to Vestas Northern & Central Europe’s press release of 9 July 2021, Vestas has secured a conditional order agreement to supply 64 V235-15.0 MW wind turbines for EnBW’s 900 MW He Dreiht offshore wind project in 2025. In addition, Vestas will deliver a multi-year solution to service the…
8 June 2022
Green Energy Group (Seabird Exploration Plc): Letter of Award
Green Energy Group has announced that it has signed an OBN source contract in the Western hemisphere. The contract is expected to commence second half of August. The duration of the contract is expected to be around 14 months including mob/demob and the dayrate is reflective of an improving OBN…
8 June 2022
TDI-Brooks Completes Numerous Geotechnical Programs in the GOM
TDI-Brooks offers offshore, nearshore, and inland marine geotechnical survey services using a suite of innovative tools for soil sampling and measurement. Over the past few months TDI-Brooks has completed six (6) Geotechnical Coring programs in the Gulf of Mexico for numerous operators from their research vessel the RV Gyre. All…
8 June 2022
Bowleven plc Change of Partner and Operator at Etinde Licence
Bowleven, the Africa focused oil and gas, Exploration and Production Company with key interests in Cameroon, today announces that it has been informed by New Age (African Global Energy) Limited ('New Age'), the operator of the Etinde JV, that New Age has signed a definitive conditional agreement with a subsidiary…
8 June 2022
Seaway 7 awarded preferred supplier status for Seagreen 1A
Subsea 7 S.A. announced that Seaway 7 ASA1 has been selected by Seagreen 1 Limited as a preferred supplier for the Seagreen 1A offshore wind project, offshore Scotland. Seagreen 1A lies adjacent to the existing Seagreen project that Seaway 7 is currently progressing and represents approximately 500MW of additional renewable…
8 June 2022
Aker BP ASA: Update on contemplated merger with Lundin Energy
Reference is made to the previous stock exchange notice published by Aker BP ASA (“Aker BP”) regarding the contemplated merger (the “Merger”) between Aker BP and Lundin Energy MergerCo AB (publ) (the “Target”), a newly established Swedish public limited liability company currently wholly owned by Lundin Energy AB (publ) (“Lundin…
8 June 2022
Releasing seabed data
Last Thursday, the first data on seabed minerals on the Norwegian continental shelf were released to the public. This took place at a seminar at the Norwegian Petroleum Directorate (NPD). Seabed data is being released in the same way as the NPD releases petroleum data. The objective is for all…
8 June 2022
Prime minister Jonas Gahr Støre visits the Hywind Tampen project
Prime minister Jonas Gahr Støre visited Gulen in Vestland County to see the construction of Hywind Tampen. Four of the 11 wind turbines in Norway’s first offshore wind farm have now been installed, towering 190 metres over Fensfjorden before being towed out into the North Sea for offshore floating power…
7 June 2022
Equinor - consent to use Hywind Tampen
The Petroleum Safety Authority Norway (PSA) has consented to Equinor taking the Hywind Tampen offshore wind farm into use. This consent covers use of the Hywind Tampen facilities as well as modifications on the Gullfaks and Snorre fields as well as to the Valemon (Sandsli) control room for power supply…
7 June 2022
PGNiG – consent for exploration drilling in the Norwegian Sea 6608/1-1 S
The Petroleum Safety Authority Norway has given PGNiG Upstream Norway (PGNiG) consent for exploration drilling in block 6608/1 in the Norwegian Sea.
7 June 2022
ConocoPhillips – consent for exploration drilling in the North Sea
The Petroleum Safety Authority Norway has given ConocoPhillips Skandinavia (ConocoPhillips) consent for exploration drilling in block 25/7 in the North Sea.
7 June 2022
Transocean Spitsbergen to drill for two licences
Equinor has, on behalf of the Haltenbanken West Unit and Halten East licences, awarded Transocean Spitsbergen a firm drilling programme consisting of nine wells and optionsfor another two. The value of the contract is estimated at around NOK 2.4 billion, including the options. The rig is scheduled to start the…