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22 February 2022
Petrofac signs floating offshore wind MOU with Seawind Ocean Technology
Petrofac, a leading international service provider to the energy industry, has signed a Memorandum of Understanding (MOU) with Seawind Ocean Technology, an engineering and technology company which has developed a unique floating offshore wind energy system. Through the MOU, Petrofac will initially support design verification of the system and, thereafter,…
21 February 2022
TotalEnergies announces another significant discovery in Block 58
TotalEnergies and APA Corporation have made a significant new oil and associated gas discovery at the Krabdagu-1 well, in the central area of Block 58, offshore Suriname. This follows previous discoveries at Maka, Sapakara, Kwaskwasi and Keskesi, and the successfully tested Sapakara South-1 appraisal well. Located 18 kilometers south-east of…
21 February 2022
Repsol – Blane – consent for life extension
The Petroleum Safety Authority Norway has given Repsol Norge (Repsol) consent for life extension of the Blane field. The Blane field is part of production licence 143 BS, for which Repsol is the operator. This production licence was previously valid until the fourth qarter of 2022, but has now been…
21 February 2022
Limited notice to proceed pending contract award
Lamprell is pleased to announce that it has received a limited notice to proceed (LNTP) from the Saudi-based contractor, Bas Global Marine Services (BGMS), in anticipation of the full award in Q2 2022. The full scope of work on this large* contract relates to the delivery and construction of multiple…
21 February 2022
Multiconsult is awarded contract with Statnett SF
Multiconsult (Oslo: MULTI) has been awarded a contract under the frame agreement with Statnett SF announced on the 10 October 2020. The contract relates to the engineering of three substations in connection of the planed electrification of Hammerfest LNG in the county of Troms og Finnmark, Norway. The project consists…
21 February 2022
Gambia project update
FAR Limited (ASX: FAR) has completed a review of the prospectivity of the A2 and A5 blocks offshore The Gambia, following the Bambo drilling campaign in late 2021. The drilling and logging data obtained on the main well (Bambo-1) and the side-track well (Bambo-ST1) confirmed both the presence of a…
21 February 2022
Wilhelmsen acquires stake in Reach Subsea
Together, Wilhelmsen and Reach will form a strategic partnership to commercialise the Reach Remote concept, bringing Reach Subsea into new industry verticals and geographical regions. Jan Eyvin Wang, Executive Vice President, New Energy at Wilhelmsen says, “We have been actively assessing the subsea market to find a company that could…
21 February 2022
Windar renovables consolidates its leadership in the offshore wind industry with its new investment in Poland.
Spanish company Windar renovables, leader in the manufacture of wind turbine towers (onshore and offshore), has confirmed its investment decision to build a new offshore tower factory in Poland. Windar renovables will begin construction of this factory in 2022. This new facility will be approximately 120,000 m2 and will include…
21 February 2022
IOG plc Phase 1 Progress
IOG plc, the Net Zero UK gas and infrastructure operator focused on high return projects, provides the following operational update. Andrew Hockey, CEO of IOG, commented: "The IOG leadership team attended Bacton terminal late last week to go through a Pre-Start Up Safety Review ahead of final Saturn Banks commissioning.…
18 February 2022
Fugro’s Geo-data supports future development of Hornsea offshore wind farms and UK’s energy transition
Ørsted has awarded Fugro a marine geotechnical site investigation contract for its Hornsea Three and Hornsea Four offshore wind farm developments. Located off the East Coast of England in the North Sea, this forms part of the broader Hornsea Project - which includes the two current world’s largest offshore wind…
18 February 2022
Delivery of Johan Castberg FPSO Project by Sembcorp Marine to Equinor for Completion in Norway
Sembcorp Marine is pleased to announce the completion of the Johan Castberg FPSO (Floating, Production, Storage and Offloading) vessel and its delivery to Equinor. The FPSO has set off to Norway. Sembcorp Marine’s scope of work for the Johan Castberg FPSO vessel comprises the construction of the hull and living…
18 February 2022
Gulf Marine Services PLC Contract Award
Gulf Marine Services (LSE: GMS), the leading provider of advanced self‐propelled self‐elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, is pleased to announce the award of a 7‐month contract for one of its K Class (smaller) vessels, with a National Oil Company (NOC) in the…
18 February 2022
ADNOC Awards $1.94 Billion Framework Agreements to Enable Drilling Growth
Abu Dhabi National Oil Company (ADNOC) announced today, framework agreement awards valued at $1.94 billion (AED 7.1 billion) to enable drilling growth. The awards build on ADNOC’s recent record investments in drilling-related equipment and services and support its strategy to boost crude oil production capacity to 5 million barrels per…
18 February 2022
Reach Subsea announces acquisition of iSurvey Group and strategic agreement with Wilhelmsen New Energy
Reference is made to today's stock exchange releases from Reach Subsea ASA ("Reach Subsea") where North Energy ASA ("North Energy") is the largest shareholder with a 32% ownership interest. Reach Subsea has signed an agreement with iSURVEY Holding AS to acquire iSURVEY Group AS ("iSURVEY") a provider of offshore high-quality…
18 February 2022
Reach Subsea acquires offshore survey company iSURVEY for NOK 135 million
Reach Subsea ASA (“Reach”), a provider of subsea services globally, today announced that the Company has entered into an agreement with iSURVEY Holding AS to acquire ISURVEY Group AS (“iSURVEY”), a provider of offshore high-quality survey services, for NOK 135 million. “With the acquisition of ISURVEY, we are developing Reach…
18 February 2022
Activity - Sauropod 3D Marine Seismic Survey
CGG Services Australia (CGG) is proposing to undertake the Sauropod three-dimensional (3D) marine seismic survey (MSS) in Commonwealth waters of the Roebuck Basin, within exploration permit WA-527-P. The purpose of the Sauropod 3D MSS is to collect high-quality geophysical data about rock formations and structures beneath the seabed and assess…
18 February 2022
Prysmian Group: new submarine cable plant in the USA
Prysmian Group, world leader in the energy and telecom cable systems industry, is moving ahead with its project for a new submarine power cable plant in the United States. Prysmian Group and CDC Commercial Development Company announces the signing of the contract for the purchase by Prysmian of the site…
17 February 2022
UAE's Dragon Oil announces first oil find in Egypt's Gulf of Suez
Dubai government-owned Dragon Oil has made its first oil discovery in Egypt's Gulf of Suez on Tuesday. The discovery is one of the largest in the area in the past 20 years, and the field could contain around 100 million barrels in reserves. The announcement was made on the sidelines…
17 February 2022
Grant of Petroleum Exploration Permit AC/P70
Melbana Energy Limited has announced that it has been advised by the National Offshore Petroleum Titles Administrator that it has been granted petroleum exploration permit AC/P70, located in the Territory of Ashmore and Cartier Islands, for an initial period of six years. Melbana made an application for this permit under…
17 February 2022
Hellenic Cables to supply 66 kV inter-array cables and accessories for one of the largest offshore wind farms in the world.
Hellenic Cables, the cable segment of Cenergy Holdings, has been awarded a contract by Van Oord Offshore wind UK ltd, for the supply of approx. 360 km 66 kV inter-array cables and accessories to Sofia Offshore Wind Farm in the UK, one of the largest single offshore wind farms in…
17 February 2022
Contract award
Reach Subsea ASA (“Reach”), a provider of subsea services globally, has been awarded a contract in the Mediterranean Sea for start up early in Q2 2022, representing about 130 project days. The project involves support of an Ocean Bottom Node campaign and will be performed by the Havila Subsea spread.…
17 February 2022
Maersk Supply Service wins solutions contract in Brazil
Maersk Supply Service has been awarded an integrated solutions contract by Shell Brasil, for a station-keeping assignment during the removal of the emergency Gas Lift Riser on the FPSO Fluminense. The scope includes responsibility for the station keeping, including vessels, heading control procedures, towmasters, survey equipment and deck crew for…
17 February 2022
Nova Innovation wins seabed lease to help drive Shetland's clean energy future
Global tidal energy pioneers Nova Innovation (Nova) plan to develop their largest tidal energy array to date at Yell Sound in Shetland and boost decarbonisation of the local energy supply. Nova has been awarded an Option Agreement from Crown Estate Scotland to develop a 15MW tidal array at Yell Sound,…
17 February 2022
Aker Carbon Capture and Northern Lights JV to collaborate on accelerating the carbon capture and storage market through full value-chain offerings
Aker Carbon Capture and Northern Lights JV have signed a non-exclusive Memorandum of Understanding (MoU) to collaborate on realization of Carbon Capture and Storage (CCS) projects in Norway and across Europe. Together, the two companies represent a full value chain offering from carbon capture through transport and storage. The MoU…
17 February 2022
Upstream sector dominates UK oil and gas projects starts by 2026, says GlobalData
The upstream (fields) sector is forecasted to dominate the upcoming projects count in the UK during the next four years, accounting for more than 70% of the total projects starts anticipated during that time, says GlobalData, a leading data and analytics company.More
16 February 2022
Neptune Energy & RWE to accelerate green hydrogen production in Dutch North Sea
Neptune Energy and RWE announced the signing of a Joint Development Agreement to develop the offshore green hydrogen project "H2opZee" ahead of 2030. H2opZee is a demonstration project which aims to build 300-500 megawatts (MW) electrolyser capacity in the North Sea to produce green hydrogen using offshore wind. The hydrogen…
16 February 2022
Extending drilling contracts on the Norwegian continental shelf
On behalf of the partnerships Equinor is exercising options worth NOK 8 billion with Archer, KCA Deutag and Odfjell Drilling. The contracts include drilling, completion, intervention services, plugging, maintenance and modifications on 19 of Equinor’s permanent installations, maintaining strong ripple effects. The four-year agreements were signed in 2018. Exercised for…
16 February 2022
Helix Energy Solutions awarded long-term field decommissioning project in Brazil
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has been awarded a field decommissioning contract by Trident Energy do Brasil Ltda. (Trident Energy). The project, located offshore Brazil in the Pampo and Enchova Clusters in the Campos Basin, is expected to commence in late 2022 for a…
16 February 2022
McDermott Awarded Its Largest Ever Renewable Energy Project by TenneT
McDermott International has been awarded its largest ever renewable energy contract from TenneT for the BorWin6 980MW High-Voltage, Direct Current (HVDC) project. Through a consortium with Global Energy Interconnection Research Institute Co., Ltd. and C-EPRI Electric Power Engineering Co., Ltd. (GEIRI / C-EPRI), McDermott will provide engineering, procurement, construction, installation…
16 February 2022
Latest PGS Brazil Data Shows Potential in Outboard Campos Basin
The latest seismic depth data from PGS’ Campos Deepwater GeoStreamer X survey permit a new assessment of the potential of emerging plays close to the recent high-impact Urissanê and Mairarê wells. PGS Campos Deepwater GeoStreamer X MultiClient 3D data | Full Integrity TTI RTM (45Hz) and depth velocity overlay illustrating…
16 February 2022
Proserv lands key Dogger Bank cable monitoring deal from DEME Offshore
Global controls technology company Proserv Controls has secured a contract from DEME Offshore, subsidiary of the DEME Group, a leader in solutions for the offshore energy market, environmental and infra marine works, for the provision of the inter-array cable monitoring system, or CMS, for the first two phases, A and…
16 February 2022
ASCO look towards a promising year ahead with major contract awards worth £200m
Global integrated logistics and materials management company, ASCO, has announced multiple significant contract wins with major North Sea operators for various scopes of work including the provision of quayside logistics, materials management, ship agency, receipt and dispatch services, supply and management of marine gas oil, marine, environmental and aviation services.…
16 February 2022
Contract extension for CSV Normand Clipper with Global Marine Group
Solstad Offshore ASA and Global Marine Group have agreed to extend their present contract for the CSV Normand Clipper with further three years to May 2026, and additional options thereafter. Global Marine Group will continue to utilize the vessel to support their world-wide cable lay operations. The commercial terms and…
15 February 2022
Joint venture to focus on Corentyne in 2022
CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), the majority shareholder of CGX and joint venture (the "Joint Venture") partner of CGX, announced that, as a result of the initial positive results at the Kawa-1 exploration well, the Joint Venture will focus on the significant…
15 February 2022
RWE chooses CHANTIERS DE L’ATLANTIQUE as key supplier for its F.E.W BALTIC II WIND FARM – design, construction and installation of the electrical offshore substation
RWE, one of the world’s leading companies in offshore wind, is further progressing with developing F.E.W. Baltic II, one of the first offshore wind farms in the Polish Baltic Sea. RWE selected Atlantique Offshore Energy, the marine energy business unit of the French company Chantiers de l’Atlantique, for engineering, procuring,…
15 February 2022
Global Petroleum Limited Hydrocarbon Plan Italy - Permit Applications
With reference to the Company’s RNS of 14 January 2022, in which Global announced the judgement of the European Court in its favour, Global also noted the expected publication of the Hydrocarbon Plan for future exploration and development in Italy. The Company has been informed that the Hydrocarbon Plan (“PITESAI”…
15 February 2022
Simon Møkster Shipping to Hywind Tampen
Simon Møkster Shipping is pleased to announce that Equinor has awarded a contract for SOV services for the Hywind Tampen windfarm project. The contract will be served by Stril Server (built 2014). The contract will start in Q2 2022 and the duration is 150 days plus options. Over the last…
15 February 2022
Contract extension AHTS Avalon Sea
Siem Offshore has been awarded a contract extension in Canada. The extension refers to the multirole AHTS vessel Avalon Sea, covering a firm duration of another 6 months upon completion of the current contract. This will ensure continued operations for the vessel well into Q4 2022.
15 February 2022
Magnora ASA: Doubling South African project portfolio to 1.7 GW
Magnora ASA (Magnora) is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV management. Simultaneously, Magnora is selling all its shares in Vindr AS to its founders…
15 February 2022
TGS Launches Wind AXIOM to Provide New Insights for Offshore Wind Projects
TGS, a global provider of energy data, data-driven solutions and intelligence, today announces Wind AXIOM. This unique wind data analytics platform enables offshore wind market stakeholders to assess risks and opportunities associated with impending and future offshore wind projects. Wind AXIOM is designed to offer interactive feasibility analysis by aggregating…
15 February 2022
Baker Hughes Expands Presence in Guyana with Major Facility Opening to Support Regional Customers and Localization
Baker Hughes, an energy technology company, has expanded its presence in Guyana through the opening of a new local supercenter facility for oilfield services and equipment. The supercenter, which spans more than 8 acres, will support regional customers and bolster Baker Hughes’ localization efforts within South America. Baker Hughes has…
14 February 2022
Major initiative to promote offshore wind power
The Government has announced plans to implement phase one of wind power production in the Southern North Sea II area. The electricity produced from these wind farms will be transmitted via subsea cable to the Norwegian mainland. The goal is to establish a model for allocating sea areas based on…
14 February 2022
ExxonMobil starts production at Guyana's second offshore development
ExxonMobil today said it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. ExxonMobil starts production at Guyana's second offshore development Production from Liza…
14 February 2022
Wood extends two-decade long relationship with Equinor
Wood, the global consulting and engineering company, will extend its two-decade long relationship with international energy company Equinor following the award of a three-year contract extension to support the company’s assets on the Norwegian Continental Shelf. The contract extension, valued at around $170 million, continues an existing multi-asset framework agreement…
14 February 2022
Bilfinger set to create 300 new roles following TotalEnergies win
Engineering and maintenance contractor Bilfinger UK has secured a major contract to deliver fabric maintenance campaign services on TotalEnergies’ Elgin and Franklin platforms located in the UK Central North Sea. The contract supports a 270-day campaign on the installations and will start in March 2022, creating 300 fixed-term positions. Bilfinger…
14 February 2022
Dry well northwest of the Draugen field in the Norwegian Sea – 6407/9-13
Equinor Energy AS, operator of production licence 1060, has concluded the drilling of wildcat well 6407/9-13. The well was drilled about 148 kilometres north of Kristiansund and about 8 kilometres northwest of the Draugen field in the Norwegian Sea. The primary exploration target for the well was to prove petroleum…
14 February 2022
UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm
The UK Government has today, Friday, awarded planning consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm. Consent for Norfolk Vanguard follows consent for sister project Norfolk Boreas. The decision completes consent for the entire Norfolk Offshore Wind Zone. The 3.6 GW Norfolk Zone boosts Government plans for 40GW of offshore…
14 February 2022
Ørsted and Eversource joint venture takes final investment decision on New York’s South Fork Wind Offshore Windfarm
South Fork Wind, a 50-50 joint venture between Ørsted and Eversource, has taken final investment decision (FID) on the project that will be New York’s first offshore wind farm. The final investment decision codifies the companies’ commitment to the 130 MW offshore wind project. Today’s announcement comes as US Secretary…
14 February 2022
Semco Maritime to perform service on Floatal Superior
Floatel International has awarded Semco Maritime a contract for service work on the semi-submersible rig Floatel Superior. The harsh environment rig will dock at Hanøytangen in mid-February, and the project is expected to employ around 100 people until mid-March. Semco Maritime will perform service on the Floatel Superior, a semi-submersible…
11 February 2022
Approved development plan for Kobra East & Gekko (KEG)
he Norwegian Ministry of Petroleum and Energy has today approved the Plan for development and operation (PDO) for Kobra East & Gekko (KEG) in the Alvheim area. The Operator Aker BP and licence partners ConocoPhillips Skandinavia and Lundin Energy Norway submitted the PDO to the Ministry in June last year.…