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19 May 2022
McDermott Awarded ADNOC's Fujairah LNG FEED Contract
McDermott has been awarded a contract by ADNOC to provide front-end engineering design (FEED) services for the new Fujairah Liquefied Natural Gas (LNG) facility. Located approximately 155 miles (250 km) from Abu Dhabi, UAE, the facility will include an LNG plant with a total capacity of 9.6 million tons per…
19 May 2022
Prosafe SE: Agreement on extension of the delivery for Safe Nova and Safe Vega
As part of entering into a Global Agreement (Deed) with COSCO Shipping (Qidong) Offshore Co. Ltd which forms part of the recently completed financial restructuring, Prosafe and Cosco have agreed extended delivery flexibility relating to the Safe Nova and Safe Vega under the agreement entered into and announced in August…
19 May 2022
Manor Marine enters Memorandum of Understanding with Chartwell Marine
Manor Marine UK Ltd, leading maritime provider for shipbuilding, fabrication, repairs, and conversion, and Chartwell Marine Ltd, pioneers of sustainable next-generation vessel design, have entered a Memorandum of Understanding to develop a mutually beneficial relationship. The companies have maintained a longstanding relationship through various projects, and this agreement demonstrates a…
18 May 2022
Borr Drilling Limited – Announcement of LOA for jack-up drilling rig
Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) is pleased to announce it has secured a binding Letter of Award (“LOA”) for the premium jack-up drilling rig “Saga” from an undisclosed operator in Southeast Asia. The program is expected to commence in Q4 2022, in direct continuation of the…
18 May 2022
Worley Limited : New Gulf of Mexico engineering and procurement services contract awarded by Shell Offshore Inc
Worley announced that it has been awarded a three-year engineering and procurement (EP) servicescontract by Shell Offshore Inc. (Shell) to support five of its assets in the Gulf of Mexico (GOM), USA. This contract will support Shell’s transition to a digitised and more efficient project delivery model for the maintenance…
18 May 2022
Westwood Insight – Offshore rig utilisation up to 18% higher than typically reported
Utilisation is one of the key barometers on the health of the offshore rig market, as it identifies what percentage of the usable fleet is available versus what is not. While there has been much excitement over the past year regarding rapidly increasing offshore rig utilisation (and dayrates), it appears…
18 May 2022
Sarawak MultiClient Phase 1 Now Complete
Seismic acquisition of multisensor GeoStreamer data on phase 1 of the Sarawak multiclient program, offshore Malaysia is now completed and data processing is well underway. Phase 1 of the Sarawak multiclient program has now been completed by the consortium of PGS, TGS and Schlumberger. The consortium is engaging with industry…
18 May 2022
Chevron sanctions ballymore project in deepwater U.S. gulf of mexico
Chevron Corporation (NYSE: CVX) announced it has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform. “Chevron’s U.S. Gulf…
18 May 2022
Helix Energy Solutions to Acquire Alliance Companies in Gulf of Mexico
Helix Energy Solutions Group, Inc. announced that it has entered into a definitive agreement to acquire 100% of the equity interests of the Alliance group of companies (collectively “Alliance”) for $120 million cash at closing, plus the potential for post-closing earnout consideration. Alliance Overview Alliance is a Louisiana-based privately held…
18 May 2022
Snam and Golar LNG sign agreement for an FSRU to supply Sardinia with energy
Snam and Golar LNG Limited (“Golar”) signed a contract through which Golar will deliver the existing LNG Carrier “Golar Arctic” as a floating storage and regasification unit (FSRU) that Snam will install in the port area of Portovesme, in Sardinia, as part of a project to supply the island with…
18 May 2022
Equinor – Troll C – investigation of incident with gas cooler cracks
The Petroleum Safety Authority Norway (PSA) has completed its investigation of an incident involving the discovery of cracks in the outer shell of second-stage gas coolers on Troll C in October 2021. Breaches of the regulations have been identified, and operator Equinor has now been given an order.More
17 May 2022
Australia’s first ever hyperbaric test facility for subsea control modules to be based in WA
Funding of $1.2 million has been secured to build Australia's first deep water hyperbaric chamber testing and maintenance facility in Western Australia, capable of facilitating subsea control modules. The McGowan Government and industry will each provide $600,000 towards the total $1.2 million cost of the new facility, which will be…
17 May 2022
Bourbon Subsea Services awarded by EOLMED an EPCI contract for one of the first floating wind pilot farm in the French Mediterranean Sea
BOURBON is proud to announce that it will contribute to the construction of the Eolmed project, a key pilot farm of 3 floaters each fitted with 10 MW turbines to be installed by mid-2024. BOURBON’s scope of work will consist in the complete farm offshore installation, and includes the detailed…
17 May 2022
The DOF group awarded multiple contracts with Petrobras
DOF is pleased to announce that Petrobras has awarded new long-term charter and service contracts to Norskan Offshore Ltda. and DOF Subsea Serviços Brasil Ltda. for 4 x AHTS vessels and ROVs. The vessels, Skandi Angra, Skandi Paraty, Skandi Urca and Skandi Fluminense, (AHTS 18000 class), currently operating for Petrobras…
17 May 2022
CBED joins offshore wind farms DanTysk and Sandbank on new contract
Completing an extensive contract with Ørsted on the world’s largest wind farm, Hornsea Two, CBED will move on to a new project on the DanTysk and Sandbank offshore wind farms in the German North Sea in June this year. With the operations and maintenance service contract with DanTysk Sandbank Offshore…
17 May 2022
TotalEnergies Implements a Worldwide Drone-Based Detection Campaign
As part of its commitment to identify, quantify and reduce methane emissions linked to its operations, TotalEnergies has launched a worldwide drone-based emissions detection and quantification campaign across all its upstream Oil & Gas operated sites. The campaign uses AUSEA technology developed by TotalEnergies, the French National Research Center for…
17 May 2022
HydraWell and READ join forces to create leading well integrity specialist.
HydraWell has joined forces with READ (including subsidiaries READ Cased Hole and ANSA) to create a leading well integrity specialist with ambitions to play a prominent role in late life oilfield activities. Both companies have long-established histories of delivering expert well integrity services and solutions for clients around the world.…
17 May 2022
Lundin Energy proposes name change to Orrön Energy
Lundin Energy AB (”Lundin Energy” or ”the Company”) proposes to change the Company’s name to Orrön Energy AB (”Orrön Energy”), as part of the transition to a renewables focused business, following the Combination of the E&P business with Aker BP, anticipated to complete on 30 June 2022. The proposed name…
17 May 2022
Tidal blade facility to be at leading edge of green energy testing
The world's first rapid testing facility for tidal turbine blades, which researchers say can speed up development of marine energy technologies while helping to reduce costs, has opened for business. FastBlade's pioneering technology will stress test blades made from composite materials - which must withstand harsh ocean conditions for 20…
16 May 2022
Equinor signing strategic collaboration agreement with Aibel
To ensure a close and long-term collaboration, Equinor and Aibel have entered into a strategic collaboration agreement. The ten-year agreement aims to ensure predictability, which will be important to both parties in times of many great and important opportunities. For several years Aibel has been one of Equinor’s key collaboration…
16 May 2022
TotalEnergies and Ørsted partner to participate in Dutch offshore wind tenders
TotalEnergies and Ørsted have joined forces to jointly submit bids for the two Dutch offshore wind tenders “Holland Coast West” with the aim to achieve net positive impact on biodiversity and the Dutch energy system. The Holland Coast West wind farms are located approximately 53 km off the Dutch coast…
16 May 2022
NSTA Corporate Plan
The North Sea Transition Authority (NSTA) has published its Corporate Plan, outlining its priority areas for the next five years (2022-2027). The previous Plan was produced in 2019 and, since then, the NSTA has revised its Strategy to fully incorporate net zero into its work, alongside optimising domestic production of…
16 May 2022
Cory and Northern Lights announce pioneering international carbon partnership
Cory and Northern Lights have announced a Memorandum of Understanding (MoU) to collaborate on the realisation of a major carbon capture and storage (CCS) project between the UK and Norway. At an event this morning at the Norwegian Embassy in London, Cory and Northern Lights presented to an audience that…
16 May 2022
BW Ideol and Tohoku Electric Power start first stage of commercial-scale floating wind project in Iwate prefecture, Japan
BW Ideol and Tohoku Electric Power Co., Inc. are pleased to announce that both companies have signed a formal agreement and initiated the feasibility studies necessary to jointly develop a commercial-scale floating offshore wind farm off the coast of Kuji city, Iwate prefecture; project based on BW Ideol’s proven and…
16 May 2022
American Shipping Company ASA: New vessel acquisition and new long-term bareboat contract
American Shipping ASA (“AMSC” or the “Company”) is pleased to announce its purchase of the offshore construction vessel Normand Maximus from Maximus Limited, a company controlled by its secured lenders (the “Transaction”). In conjunction with the Transaction AMSC will enter into a long-term bareboat agreement with a subsidiary of leading…
16 May 2022
Powerful investment in offshore wind
The government in Norway is presenting a large-scale investment in offshore wind. The ambition is that almost as much new power will be produced from offshore wind as is currently produced in total in Norway today. The investment will contribute to power for people and companies across the country.More
16 May 2022
Hammerfest LNG to resume operations in a week
The extensive repairs at Melkøya have been completed, but the run-up of the plant takes somewhat longer than planned. During the weekend, a minor fault was discovered on a compressor that needs to be rectified prior to start-up. The component is now being replaced, and the stepwise process towards operations…
13 May 2022
Gas starved Europe looks to Africa for new supplies as E&Ps reconsider shelved projects
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75% of the expected amount of gas produced by Russia in 2022, according to Rystad Energy research. In early March, the European Union announced it aims to reduce…
13 May 2022
TotalEnergies Wins Maritime Lease to Develop a 1 GW Offshore Wind farm off North Carolina’s Coast
TotalEnergies has been named a winner by the Bureau of Ocean Energy Management of maritime lease area OCS-A 0545 in the United States, as part of the Carolina Long Bay auction held on Wednesday, May 11, 2022. This bid for the development of an offshore wind farm in the Carolina…
13 May 2022
Mapping offshore wind
The Ministry of Petroleum and Energy (MPE) has given the Norwegian Petroleum Directorate (NPD) an assignment to conduct surveys in connection with awarding acreage for offshore wind. The NPD has been tasked with planning and implementing a tendering process for preliminary surveys in the areas of Sørlige Nordsjø II and…
13 May 2022
PGS and TGS JV Expand MultiClient Coverage Offshore Canada
PGS has, in partnership with TGS, secured pre-funding for the South Bank phase II MultiClient project offshore Canada, extending the phase I survey acquired in 2020. The Ramform Titan will mobilize for the survey in the second half of May and acquisition is scheduled to be complete in the first…
13 May 2022
Havfram Announces New African EPRD Award from PETRONAS in Mauritania
Havfram A.S. (Havfram) announced that PC Mauritania 1 Pty. Ltd. a wholly owned subsidiary of PETRONAS (PETRONAS) has awarded Havfram a contract for the provision of Engineering, Procurement, Retrieval and Disposal (EPRD) Services for the Abandonment and Decommissioning of Subsea Facilities at Chinguetti and Banda Fields, offshore Mauritania, in March…
13 May 2022
BP/Equinor awarded carbon storage licences
The drive to reach net zero greenhouse gas emissions by 2050 has taken a sizeable step forward with the award of two carbon storage (CS) licences in the Southern North Sea. The North Sea Transition Authority (NSTA) has awarded the licences to bp and Equinor with an appraisal term of…
13 May 2022
Empire Wind selects Edison Chouest Offshore to provide plug-in hybrid service operations vessel
Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO). The plug-in hybrid service operations vessel (SOV) will be the first in the US offshore wind sector capable of sailing partly on…
13 May 2022
XOCEAN Expands With Acquisition Of Survey Specialists Geomara
Irish based international ocean data company, XOCEAN, announced that it has completed the acquisition of Geomara, a specialist hydrographic survey company, as part of its strategic global growth plan. The announcement follows the investment of €8m in September 2021 aimed to accelerate XOCEAN’s growth. Carbon-neutral XOCEAN is driving down emissions…
12 May 2022
Subsea 7 awarded contract offshore Trinidad and Tobago
Subsea 7 S.A. announced the award of a sizeable1 project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280 feet. The project covers the installation of a 96 kilometres 12-inch pipeline, associated shore approach and diver tie-in spools. Front end engineering…
12 May 2022
MMA awarded significant integrated vessel and subsea services contract
MMA is pleased to announce that it has been awarded a significant integrated vessel and subsea services contract to provide offshore construction support services in Qatar. The multi-purpose support vessel MMA Pinnacle will be deployed to Qatar to provide a range of subsea services in support of a tier-one contractor…
12 May 2022
Delineation of oil and gas discovery near the Gjøa field in the North Sea – 35/9-16 S and 35/9-16 A
Neptune Energy Norge AS, operator of production licence 153, has concluded the drilling of appraisal wells 35/9-16 S and 35/9-16 A on oil and gas discovery 35/9-3 (Hamlet). The wells were drilled about 7 kilometres north of the Gjøa field in the North Sea, and 58 kilometres west of Florø.…
12 May 2022
Dry well southeast of the Knarr field in the North Sea – 35/4-3
Aker BP ASA, operator of production licence 685, has concluded the drilling of wildcat well 35/4-3. The well was drilled about 20 kilometres southeast of the Knarr field in the North Sea, and 100 kilometres west of Florø. The objective of the well was to prove petroleum in Early Jurassic…
12 May 2022
Long term contract award for PSV in Norway
Solstad Offshore ASA (“Solstad”) is pleased to announce that Aker BP has chartered the large PSV Normand Arctic to support their activities on the Norwegian Continental Shelf. Commencement of the contract, that is a part of the existing Frame Agreement between Aker BP and Solstad, will take place during Q4…
12 May 2022
Harbour Energy plc “Harbour” or the “Company” or the “Group” Trading Update
Harbour Energy plc provides the following unaudited Trading Update. Highlights Q1 production averaged 215 kboepd, up c.35 per cent on Q1 2021; on track to meet full year guidance of 195-210 kboepd Q1 operating costs of $14.1/boe; full year guidance unchanged at $15-16/boe New wells on-stream at J-Area, AELE and…
12 May 2022
OSI Awarded EPIC Contract for Prototype Subsea Cables
Ocean Specialists, Inc. (OSI), a global provider of specialized subsea technical services and marine operations, today announced the award of an Engineering, Procurement, Installation, and Commissioning (EPIC) contract for the testing and evaluation of prototype fiber-optic cables designed for deployment in saltwater. The objective of the project seeks to measure…
12 May 2022
KBR Awarded Green Ammonia Contract to Meet Growing Clean Energy Demand in Japan
KBR announced that it was awarded a contract for its green ammonia technology, K-GreeN®, from JGC Holdings Corporation (“JGC”) for a project sponsored by New Energy and Industrial Technology Development Organization (NEDO), a national research and development agency in Japan. Under the terms of the contract, KBR will provide technology…
11 May 2022
EolMed partnership makes FID for 30MW French floating wind farm
The EolMed partnership, comprising Qair, Totalenergies and BW Ideol, has made the final investment decision (FID) for its 30MW offshore floating wind development. The Mediterranean Sea pilot wind farm is set to become one of the first three floating offshore wind farms in France when it is commissioned in mid-2024.…
11 May 2022
TotalEnergies pursues its development in floating offshore wind with the start of construction of a first farm in France
TotalEnergies has announced the start of construction of the Eolmed project, operated by Qair and in which TotalEnergies has a 20% stake. This 30 MW project is located more than 18 km off the coast of Gruissan and Port la Nouvelle (Occitan region). The start of production is expected by…
11 May 2022
Pre-feed studies commence as Piper Bravo confirmed for Marigold field development
Repsol Sinopec Resources UK Limited, TechnipFMC and Petrofac (the “Alliance”) are pleased to announce that pre-front end engineering and design studies (Pre-FEED) have commenced for the development of the Ithaca and Hibiscus owned Marigold field via the Repsol Sinopec-operated Piper Bravo platform. Hibiscus and Ithaca are working with the Alliance,…
11 May 2022
NOV to supply key equipment for Maersk’s first wind turbine installation vessel
NOV has received contracts from Sembcorp Marine Ltd to supply equipment for the wind turbine installation vessel (WTIV) it is building for Maersk Supply Service. The equipment order is an important milestone for NOV’s Marine and Construction business unit as NOV-BLM will supply the rack and pinion jacking systems and…
11 May 2022
Petrobras Extends CGG Geovation Seismic Imaging Software Licensing Agreement for Five Years
CGG has announced the recent signature of an expanded five-year Geovation software licensing agreement with Petrobras. After benefitting from CGG’s best-in-class seismic imaging platform for over a decade, the new agreement will give Petrobras geoscientists access to advanced technology innovations, including full-waveform inversion, and significantly enhance their imaging capabilities. Peter…
11 May 2022
Petro Rio Rig Acquisition
Petro Rio S.A. informs to its shareholders and the market in general that it entered into an agreement with Aquadrill LLC (“Aquadrill”) that gives PRIO the opportunity to acquire the Capricorn semi-submersible rig (“Rig”). The semi-submersible hybrid Rig, suitable for drilling water depths of 80 to 3,000 meters, will be…
11 May 2022
Lamprell in the frame for major upgrade work
Lamprell is pleased to announce that it is engaged with an international rig operator for major upgrade work on three jack-up drilling rigs in readiness for their deployment in the Gulf region. The first of the rigs will arrive at Lamprell's Hamriyah quayside this month and work will begin immediately.…