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29 March 2022
Eni achieves start-up from Ndungu EP development project in the Western area of Block 15/06, deep offshore Angola
Eni started production from Ndungu Early Production (EP) development project, in Block 15/06 of the Angolan deep offshore, via the Ngoma Floating Production Storage and Offloading (FPSO) vessel. The start-up of Ndungu EP is yet another example of how Eni Angola, in full cooperation with Agência Nacional de Petróleo, Gás…
29 March 2022
Talos Energy announces finalization of the Zama unitization process
Talos Energy Inc. announced that it has received the final Unitization Resolution ("UR") from Mexico's Ministry of Energy ("SENER") regarding the development of the Zama field in offshore Mexico. Among other things, the UR affirms the appointment of Petróleos Mexicanos ("Pemex") as operator of the unit. Unitization of the Zama…
28 March 2022
Frontera Announces 27.2 Degree API Light Crude Oil Discovery At The Tui-1 Well In Ecuador
Frontera Energy Corporation announced that it has discovered 27.2 degree API light crude oil at the Tui-1 exploration well on the Perico block (Frontera 50% W.I. and operator) in Ecuador. Orlando Cabrales, Chief Executive Officer of Frontera, commented: "We are excited to announce a second consecutive light crude oil discovery…
28 March 2022
Ørsted partners with AXA IM Alts and Crédit Agricole Assurances on Hornsea 2 Offshore Wind Farm
Ørsted has signed an agreement to divest a 50 % ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. Hornsea 2 is currently under construction and will become the…
28 March 2022
Hurricane Energy plc Aoka Mizu Charter Extension and Financial Update
Hurricane Energy plc, the UK based oil and gas company, is pleased to announce that it has signed a contract with Bluewater (Aoka Mizu) B.V. ("Bluewater"), the owner of the Aoka Mizu FPSO, for an extension to the Bareboat Charter beyond the current expiry date of 4 June 2022. The…
28 March 2022
PGS Releases New 3D GeoStreamer Data for Ghana Tano Basin
PGS has added a further 2 000 sq. km of KPSDM processed MultiClient 3D GeoStreamer data offshore Ghana, revealing prolific Cretaceous reservoir targets in sharper detail. This significantly increases 3D coverage in the basin. The data is available now. This 3D GeoStreamer survey targets the Tano Basin, in an area…
28 March 2022
Invitation to a market dialogue regarding deeper preliminary geotechnical investigations at the Energy Island in the North Sea
The Danish Energy Agency will host a market dialogue for potential bidders and businesses regarding the need for deeper geotechnical data for the energy island in the North Sea In 2021, the Danish Energy Agency conducted a market dialogue regarding preliminary site investigations as part of the initial preparations for…
28 March 2022
Biden-Harris Administration Announces Wind Energy Lease Sale Offshore the Carolinas
The Department of the Interior announced today that the Bureau of Ocean Energy Management (BOEM) has completed its environmental review and will hold a wind energy auction for two lease areas offshore the Carolinas on May 11. The lease areas cover 110,091 acres in the Carolina Long Bay area that,…
28 March 2022
Energy NL to Advocate for & Support the Newfoundland and Labrador Energy Supply & Service Sector
The supply and service sector of the Newfoundland and Labrador energy industry took a bold step forward as Noia announced changes to its vision, mandate, and name. This action reflects our member’s activities and was informed by an extensive consultation process with its membership.more.
28 March 2022
Fully underwritten institutional placement to raise A$70 million
Carnarvon Energy Limited (“Carnarvon” or the “Company”) (ASX:CVN) is pleased to announce that it is conducting a fully underwritten institutional placement (“Institutional Placement”) of 234.8 million new fully paid ordinary shares (“New Shares”) to raise approximately A$70 million. The Institutional Placement, together with Carnarvon’s existing cash, will provide funding for…
25 March 2022
Successful award of offshore wind farm project developed by Mingyang Smart Energy
Orient Cables are thrilled to announce the successful award of offshore wind farm project developed by MINGYANG SMART ENERGY. This 220kV export & 35kV inter-array cable EPCI contract value is over 190M Euros! The 500MW windfarm has 59 turbines of 8MW and 2 turbines of 16.6MW. The 73.69 km2 array…
25 March 2022
Empyrean Energy plc Block 29/11, China - Rig Mobilisation and Anticipated Spud Date
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 preparations to drill the Jade prospect at its 100% owned Block 29/11 permit, offshore China: Highlights · The China Oilfield…
25 March 2022
Norske Shell- consent for removal and disposal on the Knarr field
The Petroleum Safety Authority (PSA) has given A/S Norske Shell consent for the removal of and disposal of the Petrojarl Knarr FPSO and seabed structures on the Knarr field. Norske Shell has applied to the PSA for consent for removal and disposal of the Petrojarl Knarr FPSO and seabed structures…
25 March 2022
Purchase of a new Hugin 6000 AUV system from Kongsberg
Argeo confirms that an agreement has been signed with Kongsberg Maritime for the purchase of a Hugin 6000 AUV (Autonomous Underwater Vehicle) for early H2 2022. The Hugin 6000 is Argeo’s second Hugin system and will be commercially available from the beginning of H2 2022. The system is scheduled to…
25 March 2022
Argeo signs 12-month project for newly purchased Hugin 6000 with a net value contribution of 4,5 MUSD
Argeo confirms that a 12-month contract has been signed for AUV work using the Company´s newly purchased Hugin 6000 AUV (Autonomous Underwater Vehicle) with immediate contract start after AUV delivery to Argeo. The project will commence H2 2022 with a minimum guaranteed duration of 6-months and a 6-month extension, with…
25 March 2022
Installation of transformer platform can be carried out as planned - Research confirms: limited damage to foundations of Hollandse Kust (zuid)
The installation of the second offshore transformer platform for the grid connection of wind farm Hollandse Kust (zuid) can be carried out as planned. TenneT has had investigations carried out on the jacket (substructure) that was damaged in January during storm Corrie by a collision with the adrift vessel Julietta…
25 March 2022
OWC commits to Vietnam with new office
nternational renewable energy consultants, OWC is expanding its Asia Pacific operations and activity in Vietnam with a new office in Ho Chi Minh city, to be headed up by offshore engineering and renewables consultant Riccardo Felici. The new office expands on OWC’s existing involvement in the Vietnamese offshore wind market,…
25 March 2022
SBM Offshore divests minority interest in FPSO Alexandre de Gusmão project
Following the announcement on November 30 2021, with respect to the signature of the contracts for FPSO Alexandre de Gusmão, SBM Offshore is pleased to announce that it has entered into a shareholder agreement with its long standing business partners Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK). MC…
24 March 2022
Prysmian “Power grid interconnections play a key role in the EU’s energy transition and autonomy. As a global industry leader, we plan to invest about €1 bn by 2024”
The new cable-laying vessel Leonardo da Vinci will allow to speed up projects execution New submarine cable factory in the US and production capacity expansion at the Italian, Finnish and French plants New submarine cable factory in the US and production capacity expansion at the Italian, Finnish and French plants…
24 March 2022
Acquisition of UK subsidiaries of MOL bolster Waldorf’s UKCS reserves and production materially including doubling our Greater Catcher Area position
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 MOL Hungarian Oil and Gas Plc (“MOL”) for the acquisition of certain of MOL’s UK subsidiaries comprising their entire UKCS business. The…
24 March 2022
CGG Wins Another Major 4D OBN Imaging Contract Offshore Brazil
CGG has been awarded a two-part Ocean Bottom Node (OBN) seismic imaging project by PXGEO over the Sapinhoá Shared Reservoir in the Santos Basin offshore Brazil. The resulting data will bring improved geological insight to the asset operator, Petrobras, to assist with better management of oil recovery and production development.…
24 March 2022
VAALCO Energy Signs Contract to Support Subsea Reconfiguration and FSO Deployment at Etame Field
VAALCO Energy Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") today announced that the Company contracted with DOF Subsea to perform subsea construction and installation services to support the subsea reconfiguration associated with the replacement of the existing Floating Production, Storage and Offloading unit (“FPSO”) with a Floating Storage…
24 March 2022
Woodside Energy awards DOF Subsea Enfield XT Retrieval and Offshore Support Services Contract
DOF Subsea Australia is pleased to announce it has been awarded Woodside Energy Limited’s Enfield XT Retrieval and Offshore Support Services.The campaign execution will involve the recovery of 18 Subsea XTrees, 18 Flowbases and associated spool sections, one wellhead severance and recovery of up to 18 Temporary Guide Bases at…
24 March 2022
Energean Selects Halliburton for Carbon Storage Subsurface Study in Greece
Halliburton Company announced Energean, an independent E&P company focused on developing resources in the Mediterranean and the North Sea, awarded it a study to assess carbon storage potential of the Prinos basin in Greece. Halliburton carbon capture, utilization and storage (CCUS) experts will collaborate with Energean to evaluate the Prinos…
24 March 2022
McDermott Delivers Gas Field for Largest Subsea Project in Asia Pacific
Deploying more than 2,000 crew members, McDermott successfully navigated both the challenges of COVID-19 and an active monsoon season to deliver a gas field, known as the U-Field, for ONGC's KG-DWN 98/2 Block project. "Completing this season of the Bay of Bengal campaign to deliver the gas field for ONGC,…
24 March 2022
Sale of Vessel MMA Leveque to Fortescue future industries
MMA Offshore Limited (“MMA” or “the Company”) is pleased to advise that it has completed sale of the vessel “MMA Leveque” to a subsidiary of Fortescue Future Industries (“FFI”) for US$7.75M. FFI plans to convert the vessel to dual fuel with the objective of operating almost totally on green ammonia.…
23 March 2022
Significant Pavo oil discovery near Dorado development
Santos announced the Pavo-1 exploration well has confirmed a significant oil discovery 46 kilometres east of the Dorado field in the Bedout Sub-basin, offshore Western Australia. The well was drilled on the northern culmination of the greater Pavo structure and encountered a 60-metre gross hydrocarbon column in the primary Caley…
23 March 2022
Petrofac secures North Sea contract extension with Spirit Energy
Petrofac, a leading international service provider to the energy industry, has been awarded a two-year Operations and Late Life Asset Support contract extension with Spirit Energy, building on its decade-long relationship with the Operator. The contract includes the provision of Operations and Maintenance support for Spirit Energy’s York platform in…
23 March 2022
bp and Marubeni form strategic partnership to pursue offshore wind in Japan
bp is partnering with Marubeni, the major Japanese integrated trading and investment conglomerate, to explore a selected offshore wind development opportunity in Japan. The two have agreed to form a strategic partnership for offshore wind and potentially other decarbonisation projects, including hydrogen. As part of their agreement, bp will join…
23 March 2022
Boskalis consortium awarded Hollandse Kust West Beta export cabling contract
Boskalis has been awarded the Hollandse Kust West Beta export cable contract by TenneT, in consortium with Orient Cables (NBO). The contract scope comprises the installation of two 65-kilometer-long export cables that will connect the planned Hollandse Kust West Beta 700 MW offshore wind farm to TenneT’s onshore grid in…
23 March 2022
Sembcorp Marine Wins Landmark Wind Turbine Installation Vessel Project
Sembcorp Marine Ltd (the “Company”), through its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte Ltd, has secured a contract for the construction of a Wind Turbine Installation Vessel (“WTIV”) based on Sembcorp Marine’s in-house design in collaboration with the customer. The WTIV project is scheduled to be completed in…
23 March 2022
Ireland moves a step closer to energy independence
The Minister for the Environment, Climate and Communications, Eamon Ryan TD, today announced the commencement of the Maritime Area Consent (MAC) RegimeMore
23 March 2022
Global Maritime awarded the NWS contract for the Northern Lights carbon transport and permanent storage project
Global Maritime have been awarded the Marine Warranty (MWS) contract for the Northern Lights Carbon Transport and Permanent Storage Project, a part of the Longship project. Northern Lights once commissioned will be a CO2 transportation and storage infrastructure facility. The project will be delivered via an Equinor, Shell and Total…
23 March 2022
Shell signs new exploration contracts with PETRONAS and commences work on the Gumusut-Kakap Phase 3 development
Sabah Shell Petroleum Company Limited (SSPC), Shell Sabah Selatan Sdn Bhd (SSS) and Sarawak Shell Bhd (SSB) signed three Production Sharing Contracts (PSC) with PETRONAS, to explore oil and gas offshore Sabah and Sarawak. SSPC and SSB will operate these exploration initiatives. These three PSCs will comprise exploration of blocks…
22 March 2022
Aker Solutions Delivers Njord A Platform
Following several years of extensive upgrades, the drilling and production platform Njord A is ready for handover to Equinor. Towing it back to the field has started today, March 22. The project has provided more than 6,000 man-years in Norway and the Norwegian share of value creation from the project…
22 March 2022
Decommissioning success for Veolia/Peterson joint venture
Lerwick Harbour is to be the location of a further decommissioning project following the award of another major North Sea contract to international partnership, Veolia/Peterson, to dismantle and recycle a northern North Sea platform jacket. It follows their winning the contract to decommission the 14,500-tonne topside for the same platform,…
22 March 2022
Aker BP - consent for use of Hod B
The Petroleum Safety Authority Norway (PSA) has given Aker BP consent to use the Hod B facility.
22 March 2022
Mubadala Petroleum Achieves Pegaga Gas Flow in Malaysia
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia. This milestone marks the safe and successful culmination of a challenging gas project, during a period in which Mubadala Petroleum navigated the challenges of…
22 March 2022
CGG Partners with Selkie Project to Support Marine Renewable Energy Industry in Wales and Ireland
CGG has partnered with the Selkie Project, a new €5.2m cross-border initiative aiming to boost the marine energy industry in Wales and Ireland. Selkie is bringing together leading researchers and businesses to improve the performance of wave and tidal marine energy devices to help deliver commitments to net-zero targets. CGG…
22 March 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…
22 March 2022
Greenlink Interconnector reaches financial close
Construction under way on 190km HVDC electricity interconnector linking Greenlink Interconnector Limited (GIL) has announced financial close on construction of the 500MW 190km subsea and underground electricity interconnector that will connect the power grids of Ireland and Great Britain. The project is the first privately-financed interconnector in Europe supported under…
22 March 2022
Glaucus-2 rating drilling successfully completed in Unit 10 of AOZ
The Ministry of Energy, Trade and Industry announces that the work of the "Glaucus-2" rating drilling, in Block 10 of the Exclusive Economic Zone of the Republic of Cyprus, has been successfully and safely completed. The drilling operations, which included production tests, were carried out by ExxonMobil Exploration and Production…
21 March 2022
Crondall Energy secures £1m investment to support growth initiatives
Crondall Energy, the UK-headquartered offshore energy consultancy, has secured a £1m loan from the alternative lender BOOST&Co. The funding will enable the firm to maintain its global reach supporting operators and developers to transform the offshore energy industry and work towards the net zero future of energy. The group specialises…
21 March 2022
Neptune Energy confirms hydrocarbons encountered at Hamlet well
Neptune Energy and its partners today announced hydrocarbons were encountered at the Hamlet exploration well in the Norwegian sector of the North Sea. Having entered the reservoir, located within the Gjøa licence (PL153), logs encountered hydrocarbons and a decision was made to initiate coring. The operations in the reservoir section…
21 March 2022
Oil and Gas Authority changes name to North Sea Transition Authority
The Oil and Gas Authority has today changed its name to the North Sea Transition Authority (NSTA) to reflect its evolving role in the energy transition. In 2021, the OGA revised our strategy to put net zero at the heart of our work alongside the important role of stewarding production.…
21 March 2022
Facilitating further exploration
The Ministry of Petroleum and Energy has sent a proposal to announce the licensing round APA 2022 (Award in Pre-defined Areas) for public consultation.More
21 March 2022
Eco Atlantic Provides New Competent Person's Resource Report on Its Assets Offshore Guyana, Namibia and South Africa
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce the publication of an updated NI 51-101 compliant Competent Person's Report ("CPR") on its assets Offshore Guyana, Offshore Namibia and Offshore South…
21 March 2022
Tullow completes pre-emption of Deep Water Tano component of Kosmos Energy/Occidental Petroleum Ghana transaction
Tullow Oil plc (Tullow) has announced that it has completed the pre-emption related to the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields in Ghana to Kosmos Energy. The cash consideration paid on completion was $118 million reflecting closing adjustments and was funded from cash on the…
21 March 2022
Integrated Wind Solutions: New charter contract at Dogger Bank
Integrated Wind Solutions ASA has announced that its fully owned subsidiary IWS Fleet AS has been notified by Dogger Bank Wind Farm that they intend to sign a charter contract for one of IWS’ Skywalker class Walk-to-Work Commissioning Service Operation Vessels for the third phase of the wind farm, Dogger…
21 March 2022
Contract for Veritas Viking
Eidesvik Offshore ASA has been awarded a bareboat contract for 100 days with options for extensions with an undisclosed 3rd party operator for Veritas Viking. The vessel will be mobilized from its current location at Bømlo and is scheduled to commence the bareboat contract ultimo April 2022.