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21 March 2022
Nexans contributes to France's energy transition by connecting the Dieppe - Le Tréport offshore wind farm
Nexans has been awarded a contract worth around 100 million euros by RTE to supply and install 47 km of offshore and 18 km of onshore power export cable for the wind farm located in the English Channel, more than 15.5 km from Le Tréport and 17 km from Dieppe.…
18 March 2022
Subsea 7 awarded substantial contract
Subsea 7 announced the award of a substantial1 contract that will be recorded in the backlog of the Subsea and Conventional business unit in the first quarter of 2022. The award, made to a consortium including Subsea 7, comprises engineering, procurement, construction, and installation (EPCI) of offshore facilities, subsea pipelines,…
18 March 2022
Esso Australia to Expand Gas Development in the Gippsland Basin
Esso Australia Pty Ltd, a subsidiary of ExxonMobil and operator of the Gippsland Basin Joint Venture, has made a final investment decision to develop additional gas from the Gippsland Basin Kipper field to help secure much needed supply for the Australian domestic market. Esso Australia to Expand Gas Development in…
18 March 2022
Serica Energy plc ("Serica" or the "Company") Rhum Production Restart
Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company with operations centred on the UK North Sea, provides an update on Rhum field production operations. Further to the announcement of 28 February, Serica are pleased to confirm that production has restarted from the Rhum field following…
18 March 2022
Saipem, awarded an offshore drilling contract by Aker BP worth 325 million USD
Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway. The operations are expected to start from the end of Q4 2022, upon termination of the works in which Scarabeo 8 is currently engaged. Scarabeo 8 is a Saipem semisubmersible drilling rig able to work…
18 March 2022
LM Wind Power readies first recyclable wind turbine blade prototype under ZEBRA project
The ZEBRA (Zero wastE Blade ReseArch) consortium on March 17 announced a new step forward on the industry’s transition to a circular economy with the production of the first prototype of its 100% recyclable wind turbine blade. The 62m blade was made by LM Wind Power, using Arkema’s Elium® resin,…
18 March 2022
Saudi Aramco Awards Schlumberger Gas Drilling Project
Schlumberger announced today a major contract award by Saudi Aramco for integrated drilling and well construction services in a gas drilling project. The integrated project scope encompasses drilling rigs and technologies and services, including drill bits, measurement while drilling (MWD) and logging while drilling (LWD), drilling fluids, cementing, and completing…
18 March 2022
PaleBlue Introduces a Novel ROV Engineering Simulator
PaleBlue launches their own ROV Engineering Simulator tailored for subsea engineering, design reviews, and accessibility checks of subsea installations with the use of ROVs (underwater Remotely Operated Vehicles). The simulator provides real-time simulation and visualization tools that allow users to set up a subsea scene, import CAD equipment, and model…
18 March 2022
Shannon Foynes Port Company welcomes Government & The Department of Transport continued support and high priority listing of the need for the M21 Limerick-Adare Bypass/N69 Link to Foynes.
Shannon Foynes Port’s record investment a key step in transforming estuary into international hub for floating offshore wind generation €28m investment will deliver new jetty infrastructure as well as one of Ireland’s largest logistics buildings A record €28million investment in jetty infrastructure and a port logistics park has been announced…
17 March 2022
Drilling permit for well 34/9-1 S
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS drilling permit for well 34/9-1 S, cf. Section 13 of the Resource Management Regulations
17 March 2022
Acteon's drilling and decommissioning segment acquires Oceaneering decommissioning personnel and assets
Claxton, the lead brand for Acteon’s drilling and decommissioning segment, has signed an agreement with Oceaneering to acquire decommissioning personnel and assets from them. From the anticipated closure date of 30 March 2022, certain Oceaneering staff based in Norway will transfer to Claxton, along with decommissioning assets including well and…
17 March 2022
Heerema to install Baltic Eagle offshore substation
Baltic Eagle GmbH has contracted Heerema Marine Contractors for the transport and installation of the Offshore Substation (OSS) for the Baltic Eagle Offshore Windfarm. The Baltic Eagle wind farm is located 30 kilometers to the northeast of Rügen island off the coast of Pomerania (Germany), and this new 476 megawatt…
17 March 2022
Successful Sail Away of Tyra Utility- and Living Quarters
TotalEnergies EP Denmark and its Danish Underground Consortium partners Noreco and Nordsøfonden are pleased to announce the successful sail away of the new Tyra II utility and living quarters. The utility and living quarters’ module was constructed at the Piomboni yard in Ravenna (Italy) by TotalEnergies’ site team and EPC…
17 March 2022
Prysmian completes North Sea Link, the world’s longest submarine electricity interconnector, ahead of schedule
Prysmian Group, world leader in the energy and telecom cable systems industry announces the successful completion of the world’s longest submarine electricity interconnector between the UK and Norway. North Sea Link enables the sharing of renewable energy between the two countries for the first time, supporting both countries in the…
17 March 2022
Helix Energy Solutions announces contract extension for decommissioning project in Brazil
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that Trident Energy do Brasil Ltda. (Trident Energy) has exercised their option to extend the field decommissioning contract previously awarded by an additional 12 months. The project, located offshore Brazil in the Pampo and Enchova Clusters in the Campos Basin, is…
17 March 2022
Repsol signs multi-well deal for Enhanced Drilling’s RMR® technology
ONE of the world’s leading multi-energy companies, Repsol, has signed up to use Enhanced Drilling’s RMR® Riserless Mud Recovery system in the North Sea in a multi-well deal due to commence in May 2022. RMR® helps Repsol unlock valuable reserves Repsol has turned a decommissioning project into a producing asset,…
17 March 2022
Rovco to invest in SMD’s new EV Work Class ROV system
Rovco are delighted to announce that we have signed a Letter of Intent (LoI) with world leading subsea equipment manufacturer Soil Machine Dynamics Ltd (SMD) for next generation EV Work Class ROV (WROV) technology. SMD will provide Rovco with a new Atom EV high performance electric WROV, which will be…
16 March 2022
New measures to maintain high gas exports to Europe
Equinor and its partners, together with Norwegian authorities, take new steps to meet the gas demand in Europe. Increased production permits allow the high gas production from the Troll, Oseberg and Heidrun fields to be maintained through the summer months. “Our focus is to maintain safe and efficient operations on…
16 March 2022
Aker BP – consent for exploration drilling in the North Sea
The PSA have given Aker BP consent for exploration drilling in production licence 1085 in the North Sea.
16 March 2022
ConocoPhillips – consent for exploration drilling in the Norwegian Sea
The PSA have given ConocoPhillips consent for exploration drilling in production licence 1064 in the Norwegian Sea.
16 March 2022
Contract awards
Equinor Energy AS has exercised options to extend the firm periods of the contracts for Skandi Mongstad for 3 years, and Skandi Vega for 2 years. Both vessels have worked continuously with Equinor since delivery from the yard in 2008 and 2010, respectively.In addition, Shell UK Ltd have exercised an…
16 March 2022
Maersk Drilling secures five-month UK contract for Maersk Resolve
Maersk Drilling has been awarded a contract which could employ the harsh environment jack-up rig Maersk Resolve with a customer in the UK sector of the North Sea for the majority of 2022. The contract is expected to commence in April 2022, with an estimated duration of 150 days. The…
16 March 2022
KCA Deutag secures significant Energy Optimisation Project with Equinor
KCA Deutag has been appointed to carry out an energy optimisation project for its client, Equinor on two CAT J rigs in the Norwegian North Sea. This project, which is part of Equinor's long-term low emissions strategy for 2050, is valued at around $12m. KCA Deutag's new business unit Kenera,…
16 March 2022
IOG plc Elgood First Gas
IOG plc ("IOG", or "the Company"), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to confirm First Gas from the Elgood field, part of Phase 1 of its Saturn Banks Project. Following the confirmation of First Gas at Blythe on Monday,…
16 March 2022
PGS and deepC Store Sign LoI to Develop Carbon Storage Offshore Australia
PGS and deepC Store Limited (“DCS”) have entered into a Letter of Intent (“LoI”) to co-develop a commercial scale carbon storage project offshore Australia. PGS will provide geological and geophysical advisory services. Parties also agreed to explore broader collaboration opportunities in the region. “The letter of intent with DCS expands…
15 March 2022
Drilling permit for well 7220/8-3
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for wellbore 7220 / 8-3, cf. the Resource Regulations section 13.
15 March 2022
New charter for Rem Eir
Remøy Shipping has been awarded a five-year charter with Equinor for the vessel REM EIR (2014, PSV VS 4412 DF). REM EIR has been on successive term contracts with Equinor since delivery in 2014. The charter will commence in direct continuation of the current contract on 28 May 2022. The…
15 March 2022
Fleet update. Term contract and reactivation
Golden Energy offshore services has secured a term contract for vessel Energy Scout, and have allready started the reactivation process. The vessel has been 16 months in warm lay-up due to the downturn in the market that was caused by the Covid-19 pandemic. The term contract for the vessel is…
15 March 2022
Kongsberg digital and university of Plymouth partner to revolutionize floating offshore wind installations and operational maintenance
The University of Plymouth and the globally-renowned provider of next-generation software and digital solutions, Kongsberg Digital, are joining forces to create a new system that could revolutionize the UK’s floating offshore wind (FLOW) sector. By combining cutting edge simulator technology to provide a synthetic offshore wind environment in real-time and…
15 March 2022
Naming Ceremony for Commissioning Service Operation Vessel Edda Breeze
Edda Wind celebrated the naming ceremony of Edda Breeze. The traditional ceremony where a bottle of champagne was sacrificed for good luck took place at Astilleros Gondan Shipyard in Spain. The Lady Sponsor was Hélène Huby, the wife of Jean Huby, CEO of Ocean Breeze. Hélène is Co-Founder & CEO…
15 March 2022
Recycling the FPSO Umuroa in compliance with Hong Kong Convention
BW Offshore has signed an agreement to recycle the FPSO Umuroa in compliance with the Hong Kong International Convention at Baijnath Melaram (‘the Yard’) in India. The sale will generate USD 13.5 million in net liquidity. The Yard is certified to ISO standards and has been issued with a Statement…
15 March 2022
Developing our offshore petroleum resources to ensure our energy security
Interest in offshore petroleum exploration in Australia remains strong with 10 bids received for areas in the Australian Government’s latest acreage release. The National Offshore Petroleum Titles Administrator (NOPTA) is now assessing the bids for the 2021 Offshore Petroleum Exploration Acreage Release.More
15 March 2022
Change of operator in the Yadana project in Myanmar
Following TotalEnergies announcement to withdraw from the Yadana project as the operator and joint venture partner, PTT Exploration and Production Public Company Limited (PTTEP) has carefully considered status of the field that placing utmost importance on continuity in gas production and preventing disruption to energy demand since Yadana project is…
14 March 2022
OMV awards FEED contract for the Iris Hades field
OMV (Norge) AS has on behalf of the Iris Hades license partners signed a contract with TechnipFMC for the front-end engineering and design (FEED) for the subsea production system (SPS & SURF). The integrated FEED contract for the Iris Hades development project has a value of NOK 30 million and…
14 March 2022
Aker Solutions Secures Extension of Maintenance and Modifications Agreement from OKEA
Aker Solutions has been awarded a substantial1 seven-year contract extension (3+2+2 years) of an existing maintenance and modifications frame agreement with OKEA. The agreement covers work on all installations offshore Norway operated by OKEA. Maintenance and modifications are crucial to ensure safe and efficient operations of installations and facilities. Aker…
14 March 2022
IOG plc Phase 1 First Gas
IOG plc ("IOG", or "the Company"), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to confirm First Gas from Phase 1 of its Saturn Banks Project. Andrew Hockey, CEO of IOG, commented: "I am delighted to confirm that Saturn Banks Phase…
14 March 2022
IOG plc Gas Sales Agreement
IOG plc ("IOG", or "the Company"), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to update on gas sales arrangements and progress towards resumption of Southwark drilling. Gas Sales Agreement The Company has executed a new gas sales agreement ("GSA") with…
14 March 2022
OX2 applies for a Natura 2000-permit for a wind farm in the Baltic Sea, Sweden
OX2 has applied for a Natura 2000 permit for an offshore wind farm in the Swedish Exclusive Economic Zone between the islands of Gotland and Öland. The name of the wind farm is Aurora and it will be located 20 kilometers south of Gotland and 30 kilometers east of Öland.…
14 March 2022
Aker offshore wind and mainstream renewable power close transaction for offshore wind development in Japan
With reference to the stock exchange notice on 12 August 2021, Aker Offshore Wind and Mainstream Renewable Power (“Mainstream”) have closed the transaction which will see them take an initial 50 percent ownership stake in Progression Energy’s 800 MW floating offshore wind project in Japan. The project is a well-formed…
14 March 2022
Global Wind Service opens business unit in France
Wind turbine installation and service company Global Wind Service (GWS) opens a new business unit in Nantes in France. This follows the recent award of the load-out and installation of the 80-turbine Saint Nazaire offshore wind farm – the first offshore wind farm in France. Being part of the offshore…
14 March 2022
Eni and bp finalise agreement to create new independent joint venture in Angola
bp and Eni confirmed that they have signed an agreement to form a new 50/50 independent company, Azule Energy, a bp and Eni company, through the combination of the two companies’ Angolan businesses. The agreement follows the memorandum of understanding between the companies agreed in May 2021. Azule Energy will…
11 March 2022
Dry well near the Snorre field in the North Sea – 34/4-18 S
Equinor Energy AS, operator of production licence 057 (part of the Snorre Unit), has completed the drilling of wildcat well 34/4-18 S. The well was drilled about 7 kilometres north-west of the Snorre field in the North Sea and 160 kilometres west of Florø. The objective of the well was…
11 March 2022
World’s First Subsea Compressor Units Reach 100,000 Operational Hours
MAN subsea compression-trains at Equinor’s Åsgard gas field achieve 100,000 operational hours six years after start-up; MAN Energy Solutions to deliver another Subsea HOFIM® compression system for Åsgard Equinor has awarded MAN Energy Solutions a new contract to supply a subsea compressor unit for the Åsgard gas field in offshore…
11 March 2022
Pioneering Spirit installs 25,000 tonne P2 platform
Pioneering Spirit has successfully installed the 25,000 tonne new processing platform (P2) for Equinor’s Johan Sverdrup development offshore Norway.The massive platform was lifted into position in one lift with the world’s largest and most versatile construction vessel on 8 March. Pioneering Spirit will later install a 95-metre bridge connecting P2…
11 March 2022
McDermott Completes Subsea Campaign for Bayu-Undan Gas Field
McDermott International recently completed work under its first subsea, engineering, procurement, construction and installation (EPCI) contract with Santos NA (19-12) Pty Ltd for the Bayu-Undan Infill Well Phase 3C Project in the Timor Sea located approximately 310 miles (500 kilometers) off the northwest coast of Darwin, Australia, and 124 miles…
11 March 2022
Nexans wins US offshore wind export cables installation contract
Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution Wind Farm. The project will connect the wind farm to the onshore grid and help Connecticut and Rhode Island states achieve ongoing commitments to develop offshore wind. This will be…
11 March 2022
TSS PIONEER delivered
Vard are pleased to announce the delivery of Asia-first newbuild Taiwan-flagged Service Operation Vessel (SOV). On March 8, 2022, the SOV TSS PIONEER was delivered at the VARD Vung Tau shipyard in Vietnam. The vessel has been constructed through Ta San Shang Marine Co., Ltd., a joint company of MOL…
11 March 2022
NOL: The Northern Ocean fleet is renamed
Northern Ocean Ltd (“NOL” or the “Company”) announces that the names of the Company’s rigs will be changed to Deepsea Mira and Deepsea Bollsta. The Company recently entered into operational and marketing agreements with Odfjell Drilling AS (“Odfjell”), and the name change reflects the close relationship with our new partner…
11 March 2022
CGX and Frontera Announce U.S. $35 Million Loan Agreement
Frontera Energy Corporation (TSX: FEC) ("Frontera") and CGX Energy Inc. (TSXV: OYL) ("CGX"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced today that they have entered into a financing agreement for a U.S. $35 million loan (the "Loan") that will…
10 March 2022
DeepOcean Subsea Services Limited awarded significant EPRD recycling contract by Spirit Energy
The UK operation of ocean services provider DeepOcean , has been awarded a significant contract by Spirit Energy Production UK Ltd. for removal and disposal services of the operator’s North Sea decommissioning portfolio. DeepOcean will cooperate with Heerema Marine Contractors to deliver the work. The EPRD (engineering, preparations, removal and…