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18 January 2022
TotalEnergies sells its non-operated interest in block 14
TotalEnergies has signed an agreement to sell, jointly with Inpex, the company Angola Block 14 B.V. to the Angolan Company Somoil. The transaction is subject to the approval of the Angolan authorities. Angola Block 14 B.V., owned by TotalEnergies Holdings International B.V. (50.01%) and Inpex Angola Block 14 Ltd (49.99%)…
17 January 2022
Dry well east of the Ormen Lange field in the Norwegian Sea – 6306/9-1
Lundin Energy Norway AS, operator of production licence 886, is in the process of concluding the drilling of wildcat well 6306/9-1. The well has been drilled about 72 km east of the Ormen Lange field in the Norwegian Sea and 55 km northwest of Kristiansund. The primary exploration target for…
17 January 2022
Contract awards DOF Subsea
DOF Subsea is pleased to inform that a key Renewables Client has awarded an extension to an ongoing subsea Construction contract in the North Sea.In direct continuation of the ongoing project, Skandi Acergy shall be further utilized up to 169 vessel days.The contract extension includes project management, engineering and range…
17 January 2022
Prysmian Group secures a landmark HVDC submarine cable project in the Middle East
Prysmian Group, world leader in the energy and telecom cable systems industry, has entered into a Limited Notice to Proceed (LNTP) for the supply of power cables in the context of a landmark HVDC submarine cable project in the Middle East, worth around €220 million. The LNTP was awarded to…
17 January 2022
Hellenic Cables to supply Inter-Array Cables for Dominion Energy’s Offshore Wind project
Hellenic Cables, the cables segment of Cenergy Holdings, announces the successful completion of cable manufacturing and loading for shipment, executing the contract awarded by Dominion Energy for the partial supply of inter-array cables for the Coastal Virginia Offshore Wind (CVOW) commercial project. The purpose of this project is to provide…
17 January 2022
Hexicon AB’s Twin Hub stepping stone project has now been awarded a marine licence for the installation of an offshore floating wind demonstrator in the Celtic Sea
Twin Hub floating demonstrator project in the Celtic Sea has now been awarded a marine licence, for a renewable energy test site in Cornwall, South West England. The marine licence is the latest consent for the project which was awarded a Section 36 consent in 2020. Hexicon AB, the global…
17 January 2022
Maersk Drilling and Aker BP agree to rig swap for extended scope offshore Norway
Maersk Drilling and Aker BP have entered into a rig swap agreement whereby the jack-up rig Maersk Reacher is to be replaced by the low-emission jack-up rig Maersk Integrator offshore Norway end-February/early March 2022. Maersk Integrator will be prepared for well intervention and stimulation activities at the Valhall and Hod…
17 January 2022
Maersk Drilling and Noble Business Combination: Update on process with the Norwegian Competition Authority
As previously disclosed on 10 November 2021, the business combination between The Drilling Company of 1972 A/S (“Maersk Drilling”) and Noble Corporation (“Noble”, and together with Maersk Drilling, the “Parties”) (the “Business Combination”) is conditioned on, among other things, clearance by antitrust and foreign direct investment authorities in the United…
17 January 2022
Hurricane Energy plc Trading, Operational and Financial Update
Hurricane Energy plc, the UK based oil and gas company, provides a trading and operational update ahead of its results for the year ended 31 December 2021. This information is unaudited, and subject to further review and adjustments. Trading Update · Operations o Production for the final three months of…
14 January 2022
Neptune Energy starts gas production at Adorf Z16 well, Germany
Neptune Energy today announced first gas production from its operated Adorf Z16 development well in the municipality of Hoogstede, North western Germany. Initial production tests indicate flow rates of up to 2,800 barrels of oil equivalent per day (boepd). The Adorf Z16 well is expected to increase Neptune’s production from…
14 January 2022
TechnipFMC Awarded Integrated EPCI (iEPCI™) Contract by Equinor
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract(1) for Equinor’s Smørbukk Nord development. The contract covers a high-pressure, high-temperature subsea production system and associated equipment for a brownfield tieback in the Åsgard field in the Norwegian Continental Shelf, where TechnipFMC has…
14 January 2022
RWE announces further milestone for Triton Knoll Offshore Wind Farm
Major milestone in one of the world’s largest offshore wind farms which will contribute towards the delivery of clean energy from offshore wind in the UK Triton Knoll turbines commissioned on time, with full operations expected Q1 2022 Sven Utermöhlen, Chief Executive Officer (CEO) Wind Offshore of RWE Renewables “Commissioning…
14 January 2022
MMA Crystal converted to support offshore wind market
To support the Taiwanese offshore wind market, MMA has completed a subsea conversion program on the MMA Crystal, incorporating a suite of new subsea support services including ROV, survey and subsea deployment / lifting capabilities. The new additions to the vessel feature state-of-the-art subsea equipment including a workclass ROV, a…
14 January 2022
Maersk Drilling awarded one-well extension for Maersk Valiant
TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant. The contract extension has an estimated duration of 100 days, with work expected to commence in March 2022 in…
14 January 2022
CNOOC Limited Announces its 2022 Business Strategy and Development Plan
CNOOC Limited announced a summary of its business strategy and development plan for the year 2022. The Company’s targeted net production for 2022 is 600 million to 610 million barrels of oil equivalent (BOE), of which, production from China and overseas accounts for approximately 69% and 31%, respectively. The Company’s…
14 January 2022
Aker BP - consent to exploration drilling in the North Sea
The Petroleum Safety Authority Norway (PSA) has given Aker BP consent to drill the pilot well 25/10-U-8, located in the North Sea.
14 January 2022
Hornbeck Offshore to Acquire Ten High-Spec Offshore Supply Vessels From Certain Affiliates of Edison Chouest Offshore
Hornbeck Offshore Services, Inc. ("Hornbeck Offshore" or the "Company") announced today that it has entered into definitive vessel purchase agreements with certain affiliates of Edison Chouest Offshore (the "Sellers") to acquire a total of ten high-spec new generation offshore supply vessels ("OSVs") for an undisclosed amount of cash. Eight of…
13 January 2022
Nexans to connect South Fork offshore wind farm with the U.S. mainland, providing clean energy power to 70,000 homes in New York
Nexans will deliver HVAC subsea export cables for South Fork Wind Farm, the first delivery of Nexans’ framework agreement to supply Ørsted and Eversource with up to 1,000 km of high voltage subsea cables in the U.S. The South Fork Wind Farm will address East Hampton’s energy needs, producing enough…
13 January 2022
SSE Renewables to participate in Dutch offshore wind tender
SSE Renewables has announced plans to enter bids into the upcoming tenders for the 1.4GW Hollandse Kust (west) Wind Farm Zone in the Netherlands which are set to take place in the first half of 2022. On 23 December 2021 the Dutch Government issued revised draft Ministerial Orders which included…
13 January 2022
EIOF – Enters into Memorandum of Agreement for sale of the CSV Viking Neptun
Eidesvik Neptun AS, a subsidiary of Eidesvik Offshore ASA (“Eidesvik" or the “Company”), has on January 12, 2022 entered into a Memorandum of Agreement (“MoA) with Dredging, Environmental and Marine Engineering NV (“DEME”), for the sale of the CSV Viking Neptun. The MoA is expected to complete in the 4th…
13 January 2022
EDF Renewables UK partners with DP Energy to deliver up to 1 GW ‘Gwynt Glas’ floating offshore wind project in the Celtic Sea
EDF Renewables, one of the UK’s leading renewable energy companies, is announcing a joint venture partnership with international renewable project developer DP Energy, to generate up to 1GW of low carbon green energy in the Celtic Sea. The project is likely to span English and Welsh waters. The floating offshore…
13 January 2022
IK-Group AS and Nautilus Subsea partner on new technology.
K-Group AS and Nautilus Subsea AS are proud to announce a new partnership with the signing of an MoU. The new partnership provides the industry with a highly skilled offering in both IK’s globally recognised excellence in engineering bespoke subsea solutions with Nautilis’s broad experience in EPC projects and in-depth…
13 January 2022
Energy Transition Insights – Top seven energy transition trends to watch in 2022
It’s that time of year when we lay down plans for the next 12 months—and second-guess movements in an ever-changing market. To help you with the process, we asked our experts on the Westwood Energy Transition team to give us their views on the main trends that oil and gas…
13 January 2022
The Crown Estate invests over £12million in new research to help protect the UK marine environment
The Crown Estate is partnering with a range of UK-wide expert bodies to launch three significant research projects that will help to enable the coexistence of offshore wind farms with a thriving marine environment. Led by Natural England, Scottish Government and the Royal Society for the Protection of Birds, the…
13 January 2022
Record-high revenues from the Norwegian shelf
The combination of high production of oil and gas from a total of 94 fields, significant demand and high commodity prices led to a historically high level on the State's revenues from petroleum. Much of this is due to record-high gas prices. Record-high revenues from the Norwegian shelf- The Norwegian…
12 January 2022
Saipem: awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD
Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD. Regarding the first contract, Saipem has received the Notice to Proceed (NTP) from Woodside, as Operator for and on behalf of the Scarborough Joint Venture, for a contract related to…
12 January 2022
McDermott Awarded Mega EPCI Projects by QatarEnergy
McDermott International continues its winning streak in the Middle East with a mega offshore contract from QatarEnergy, a long standing key customer, to deliver engineering, procurement, construction and installation (EPCI) for the North Field East (NFE) Topsides and the North Field East (NFE) Offshore Pipelines and Subsea Cables projects, with…
12 January 2022
Shearwater GeoServices awarded North Viking Graben multicomponent survey by CGG
Shearwater GeoServices awarded North Viking Graben multicomponent survey by CGG Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a large multicomponent seismic survey over the North Viking Graben area offshore Norway by CGG. The five-month project is expected to start in the second quarter of 2022…
12 January 2022
TGS Announces Second Indonesian Reprocessing Project in 2022
TGS, a global provider of energy data and intelligence, today announced it has commenced a broadband 2D regional seismic data reprocessing project covering the offshore Natuna Basin, Indonesia. The project encompasses both West and East Natuna, tying key wells to create a new regional framework, including coverage of Natuna D…
12 January 2022
DP Energy and Iberdrola open new Ireland Offshore Wind Office in Horgan’s Quay, Cork City
DP Energy, one of Ireland’s leading developers of renewable energy projects, and global energy leader Iberdrola have officially opened their new Ireland Offshore Wind Joint Venture Office in Horgan’s Quay, Cork City. The new 1,300 sq. ft facility at 1 Horgan’s Quay on Waterfront Square in Cork City was officially…
12 January 2022
Global oil and gas investments to hit $628 billion in 2022, led by upstream gas and LNG
Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by the Omicron variant. An analysis by Rystad Energy projects overall oil and gas investments will rise 4% to $628 billion…
12 January 2022
BOEM Initiates Environmental Assessment for Offshore Wind in the Gulf of Mexico
As part of the Biden-Harris administration’s goal of permitting 30 gigawatts of offshore wind by 2030, the Bureau of Ocean Energy Management (BOEM) today announced it is preparing a draft environmental assessment (EA) to consider the impacts of potential offshore wind leasing in federal waters of the Gulf of Mexico.…
12 January 2022
Revision to Mariner reserves
Equinor has revised its estimate of the total recoverable reserves in the Mariner field from an earlier assessment of approximately 275 mmbbl to about 180 mmbbl. The revision will result in an impairment in the region of USD 1.8 billion which will be reflected in IFRS net operating income for…
11 January 2022
Rotech Subsea delivers critical Pentland Firth East de-burial, cut & recovery and re-burial works
Active again in subsea power cable IRM, leading excavation and trenching operator, Rotech Subsea, has delivered a critical de-burial, cut and recovery and re-burial project in the Pentland Firth. In late Q3 Rotech Subsea’s TRS1 tool was mobilised from Aberdeen for Pentland Firth East - a vital £30m infrastructure project…
11 January 2022
Sembcorp Marine Completes Final Delivery of Tyra West Topside Modules and Bridges for the Tyra Redevelopment Project
Sembcorp Marine Ltd. (the “Company”, together with its subsidiaries, the “Group”) has successfully delivered two wellhead topsides, one riser topside and two bridges (“modules and bridges”) to TotalEnergies EP Denmark (“TotalEnergies”) and the Danish Underground Consortium (“DUC”) for the Tyra Field in the Danish North Sea. TotalEnergies operates the Tyra…
11 January 2022
DNO - consent for disposal of subsea facilities on the Oselvar field
The Petroleum Safety Authority (PSA) has give DNO consent for disposal of subsea facilities on the Oselvar field. DNO Norge AS has applied to the PSA for consent for the disposal of subsea facilities on the Oselvar field. The PSA have now granted the company this consent.
11 January 2022
Wood and FutureOn collaborate to provide an integrated technical and digital service to operators
FutureOn, the global software company specialising in the energy sector and creator of the award-winning, SaaS field design applications, FieldTwin Design and its API-centric collaboration platform, FieldTwin, has formed a strategic collaboration with global consulting and engineering leader Wood, to provide an enhanced service to its client base of global…
11 January 2022
McDermott Wins Scarborough EPCIC Contract
After successfully completing the Front-End Engineering Design (FEED) for the Scarborough Project, McDermott International has been awarded a contract by Woodside, as Operator for and on behalf of the Scarborough Joint Venture, for the engineering, procurement, construction, installation and commissioning (EPCIC) services for its Floating Production Unit (FPU) offshore Western…
11 January 2022
Eni awarded five Exploration Licenses in Egypt
Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the successful participation to the 2021 competitive “Egypt International Bid Round for Petroleum Exploration and Exploitation” which was previously announced…
11 January 2022
PETRONAS and Shell Collaborate on Carbon Capture and Storage Solutions
PETRONAS has signed a Joint Study and Collaboration Agreement (JSCA) with Sarawak Shell Berhad (Shell) to explore opportunities and project collaborations in carbon capture and storage (CCS) to help provide carbon dioxide (CO2) storage solutions in Malaysia and the region. Under the JSCA, PETRONAS and Shell will perform an integrated…
11 January 2022
Technip Energies to Purchase 1.8 Million of Its Own Shares From TechnipFMC
Technip Energies (PARIS:TE) (the “Company”), a leading Engineering & Technology company for the Energy Transition, today announces that it has agreed to acquire 1.8 million of its own ordinary shares from TechnipFMC plc. The Company’s agreement to purchase these shares is part of TechnipFMC’s announced sell-down of its stake in…
10 January 2022
W&T Offshore Announces Acquisition of Producing Properties in the Gulf of Mexico
W&T Offshore, Inc. announced that it has entered into a definitive purchase and sale agreement to acquire working interests in and operatorship of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico (“GOM”) for total cash consideration of $47 million, subject…
10 January 2022
ODL – Serica extends contract on Bruce platform
Please be advised that Serica Energy UK Ltd. (Serica) has extended the contract for provision of storage, preservation, maintenance, and drilling services, which commenced on 1st of November 2018. The original contract for 1 year + 2 X 1-year options has been extended to 31st of October 2022. “We are…
10 January 2022
TGS Announces New Extensive Regional 2D-cubed Reprocessing Project in Indonesia
TGS, a global provider of energy data and intelligence, today announced a project designed to help drive exploration across the South Makassar and North East Java regions. Processing has begun on the East Java Sea 2Dcubed project. This project will utilize 2D-cubed technology to integrate all existing seismic data across…
10 January 2022
IOG plc Update on Southwark drilling operations
IOG plc ("IOG", or "the Company"), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, provides a further Southwark drilling update. Drilling operations have continued at Southwark since the first development well was spudded on 30 December 2021. However, the Noble Hans Deul rig…
10 January 2022
Chariot Limited Significant Gas Discovery at Anchois-2 Well
Chariot (AIM: CHAR), the Africa focused transitional energy company, is pleased to announce the result of the Anchois-2 appraisal and exploration well on the Anchois gas project within the Lixus licence (“Lixus”), offshore Morocco. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des…
10 January 2022
PETRONAS Makes Third Gas Discovery in Balingian Province
PETRONAS Carigali Sdn Bhd (PCSB), a subsidiary of PETRONAS, has made a gas discovery at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow waters of Balingian Province about 170 kilometres northwest off the coast of Sarawak, Malaysia. The Hadrah-1 well was successfully drilled to a total…
10 January 2022
Subsea Data Systems Teams with University of Hawai`i to Support New SMART Cable Project
Subsea Data Systems, Inc., a new partnership between Samara/Data and Ocean Specialists, Inc., has announced their participation in a new 5-year project funded by the Gordon and Betty Moore Foundation to support the University of Hawai`i’s SMART Cable efforts. SMART (Sensor Monitoring and Reliable Telecommunications) Cables include sensor-enabled repeaters (amplifiers)…
10 January 2022
Eco (Atlantic) Oil and Gas Ltd. Strategic Acquisition Offshore South Africa and Namibia 2022 Drilling Programme
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, announces today that it has signed a Memorandum of Understanding ("MOU") to acquire 100% of Azinam Group Limited ("Azinam") (the "Acquisition"), including Azinam's entire offshore asset…
7 January 2022
New oil discovery close to North Sea Fram field
Equinor has, together with its partner Wellesley, discovered oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect. Preliminary calculations of the expected size indicate between 3.3 and 5.2 million standard cubic metres of recoverable oil equivalent, or around 21–33 million…