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13 December 2021
Seaway 7 Confirms Zhong Neng Cable Installation Contract
Seaway 7 ASA has confirmed the award of a sizeable(1) contract by China Steel Power Corporation Ltd for the transport and installation of the submarine cable system of the Zhong Neng Offshore Wind Farm in Taiwan. The award, first announced on 16th July 2020, is now confirmed with the project…
13 December 2021
Dieseko supplies world’s largest Vibratory Hammer to Saipem
Dieseko Group has secured a contract with Saipem to supply the Vibratory Hammer used to install 64 enormous monopiles on the Calvados Offshore Wind Farm. Dieseko Group, the Dutch manufacturer of Innovative Foundation Equipment, has secured a contract with Saipem for the supply of the Vibratory Hammer used to install…
13 December 2021
Valaris Announces Support Agreement with The Seatankers Group
Valaris Limited announced that Famatown Finance Limited, a company indirectly controlled by trusts settled by John Fredriksen and a member of The Seatankers Group, has accumulated through open market transactions approximately 5% of the common shares of Valaris. Anton Dibowitz, President and Chief Executive Officer of Valaris, commented: “Valaris welcomes…
10 December 2021
Leading contractors form new partnership
Leading contractors form new partnership to transform delivery of life of field in North Sea through landmark contract with CNR International (UK) Limited Torus BGP is a joint venture between Bilfinger UK and Global E&C to deliver a step-change in delivery of late life extension in the North Sea This…
10 December 2021
UK shipbuilder wins another contract with world’s largest offshore wind farm and creates a further 40 jobs
North Star Group has been awarded a service operations vessel (SOV) contract to support the third phase of Dogger Bank Wind Farm, with the creation of 40 more UK-based jobs. The UK firm will deliver an additional ship boasting its new hybrid-powered renewables fleet design to support offshore wind technicians…
10 December 2021
Project Greensand to receive Danish Government funding of DKK 197 million (€26 million) for CO2 storage in the North Sea
The Danish Energy Agency has announced that it will award 197 million DKK (€26 million) to the INEOS led consortium backing Project Greensand for CCS (carbon capture storage). The carbon storage project will support Denmark’s ambitions to reach a 70% CO2 reduction by 2030. "We are very pleased and thankful…
10 December 2021
TechnipFMC Awarded Flexible Pipe Frame Agreements by Petrobras in Brazil
TechnipFMC has been awarded three frame agreements by Petrobras that will reaffirm the Company’s leadership position in Brazil’s flexible pipe market – the industry’s largest and most established market. Altogether, the frame agreements form a large(1) contract for TechnipFMC. The contracts were awarded as part of Petrobras’s drive to increase…
10 December 2021
Lundin - consent for exploration drilling in the Norwegian sea
The Petroleum Safety Authority Norway has given Lundin Energy Norway AS consent for exploration drilling in block 6306/9 in the Norwegian sea.
10 December 2021
Equinor – consent for extended operation of Sigyn
The Petroleum Safety Authority Norway (PSA) has given Equinor Energy AS (Equinor) consent for extended operation of the Sigyn field. Consent for operation of Sygna expires on 31 December 2022.
10 December 2021
Prosafe SE: Safe Concordia contract extended
The firm charter period of the Safe Concordia in Trinidad and Tobago has been extended and takes the firm operational period through to end-January 2022. Total value of the contract extensions is approximately USD 6 million.
10 December 2021
First Turbine up at 1.1GW Seagreen
Seagreen, which will become Scotland’s largest and the world’s deepest fixed bottom offshore wind farm once complete, has passed another momentous milestone following the successful installation of the project’s first Vestas V164-10.0 MW turbine. The installation of the first Vestas turbine in the North Sea off the Scottish coast heralds…
10 December 2021
Serica Energy plc ("Serica" or the "Company") Operations Update
Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company with operations centred on the UK North Sea and over 85% gas production, is pleased to provide the following operations update. Mitch Flegg, Chief Executive of Serica Energy, commented: "Serica has made significant progress during the second…
10 December 2021
Completion of acquisition of asset portfolio from ExxonMobil
NEO Energy has announced the completion of its previously announced acquisition of a portfolio of non-operated oil and gas assets in the Central and Northern North Sea from ExxonMobil.
9 December 2021
Aker Solutions to Deliver Subsea Compression Module for Åsgard
Aker Solutions has been awarded a sizeable1 contract by Equinor to deliver engineering, procurement and construction (EPC) of a subsea compression module to be installed subsea at the Åsgard gas field, offshore Norway. The scope covers EPC of the fifth subsea compression module to be delivered by Aker Solutions for…
9 December 2021
Akastor ASA: AKOFS Offshore AS awarded three-year contract with Petrobras
Akastor ASA’s (OSE: AKAST) 50% owned affiliate AKOFS Offshore AS (AKOFS Offshore) has signed a firm three-year contract with Petróleo Brasileiro S.A. (Petrobras) for its vessel “Skandi Santos” which will perform a broad scope of subsea services in Brazil. The services will commence in Q4 2022 and the total contract…
9 December 2021
Contract award for CSV Normand Maximus
Solstad Offshore ASA is pleased to announce that the company has signed a contract for the CSV Normand Maximus to support operations for a Client in Latin America. The estimated duration is 5 months, including mobilization and de-mobilization. The contract is scheduled to commence during December 2020.
9 December 2021
Shell adds another deep-water discovery in the Perdido corridor of the U.S. Gulf of Mexico
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, announced a material discovery at the Blacktip North prospect in the U.S. Gulf of Mexico. The Blacktip North well encountered approximately 300 feet net oil pay at multiple levels. Evaluation is ongoing to further define development options. “The Blacktip North…
9 December 2021
Dry well near the Fenja field in the Norwegian Sea – 6306/3-1 S
PGNiG Upstream Norway AS, operator of production licence 937, is in the process of concluding the drilling of wildcat well 6306/3-1 S. The well has been drilled about 15 kilometres south of the Fenja field in the Norwegian Sea and 100 kilometres northwest of Kristiansund. The objective of the well…
9 December 2021
Head of Terms With Harbour to exit the Falklands and Navitas to farm-in
Heads of Terms with Harbour to exit the Falklands and Navitas to farm-in Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, has announced that Rockhopper, Harbour Energy plc (“Harbour”) and Navitas Petroleum LP (“Navitas”) have signed detailed heads…
9 December 2021
ConocoPhillips Announces Agreement to Sell Indonesia Assets for $1.355 Billion and Provides Notice that it is Exercising its Preemption Right to Purchase Up to an Additional 10% Shareholding Interest in APLNG DECEMBER 8, 2021
ConocoPhillips announced two transactions intended to core up the important Asia-Pacific segment of its diverse global portfolio. The company announced it has entered into an agreement to sell the subsidiary that indirectly owns the company’s 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) and a 35% shareholding…
9 December 2021
TotalEnergies EP Gabon finalizes the divestment of interests in non-operated assets and the Cap Lopez Terminal
After receiving the approval of Gabonese authorities, TotalEnergies announces the closing of its agreement to divest to Perenco Oil and Gas Gabon the Cap Lopez Terminal and non-operated assets of its 58%-owned affiliate TotalEnergies EP Gabon. With this transaction, in an amount of $350 million before final adjustment, TotalEnergies EP…
8 December 2021
Orsted and Partners Secure Funding for Platform Electrification Study
Ørsted, together with Neptune Energy and Goal7, have been awarded £239,000 from the Oil and Gas Authority (OGA) to fund a study into the potential use of renewable energy to provide power to a gas-producing offshore platform. The research will use a generic offshore wind farm and oil and gas…
8 December 2021
Success in offshore auction: RWE secures concession for 1,000-megawatt wind farm off the Danish coast
“Denmark is one of the key offshore markets in Europe with high growth ambitions. As one of the global leading players in offshore wind, we are delighted to be awarded the Thor project – Denmark’s largest offshore wind farm to date. This success creates further momentum to boost our activities…
8 December 2021
TechnipFMC Awarded Multi-Year Surface Technologies Contract
TechnipFMC, through Gulf Automation Services and Oilfield Supplies LLC, has been awarded a major(1) 10-year framework agreement for wellheads, trees and associated services by the Abu Dhabi National Oil Company (ADNOC). Under the framework agreement, TechnipFMC will further grow in-country talent and expand existing manufacturing, assembly and test capabilities in…
8 December 2021
Wood awarded Front End Engineering for Safaniyah and Manifa plant expansions
Wood has secured a multi-million dollar contract with Saudi Aramco to deliver engineering and project management services for the Safaniyah and Manifa oilfields in the Kingdom of Saudi Arabia. The two-year contract includes the delivery of conceptual studies, front-end engineering design (FEED) and project management services for Saudi Aramco’s oil…
8 December 2021
McDermott Awarded Three Offshore Contracts by Saudi Aramco
McDermott continues its decades-long partnership with Saudi Aramco with three new awards for engineering, procurement, construction and installation (EPCI) projects. In total, McDermott will provide EPCI of four drilling jackets and seven oil production deck modules (PDMs) in Saudi Arabia's Zuluf, Ribyan, Abu Sa'fah and Safaniya fields located offshore in…
8 December 2021
UK Government invests £800,000 in Nova Innovation's tidal energy tech
THE UK Government is investing £800,000 in tidal energy pioneer Nova Innovation, through the Energy Entrepreneurs Fund, to develop a low-cost, rapid turbine deployment and recovery solution that could unlock 100GW of tidal energy resources worldwide. The CREATE (Cost REduction Acceleration in Tidal Energy) project from Nova Innovation (Nova) aims…
8 December 2021
North Sea Midstream Partners become participants in the Acorn Project
The Acorn Partners – Storegga, Shell U.K Limited and Harbour Energy – have announced that North Sea Midstream Partners (“NSMP”) has acquired a 10% interest to become a participant in the Acorn Carbon Capture and Storage (“CCS”) and Hydrogen Project. Storegga, Shell and Harbour each now hold a 30% interest…
8 December 2021
Equinor increases its ownership in the Statfjord field
Equinor has entered into an agreement to acquire all of Spirit Energy’s production licenses in the Statfjord area which spreads across the Norwegian and UK Continental Shelves and are developed by three integrated production platforms (Statfjord A, B, C). All licenses are operated by Equinor. Both parties agreed on a…
8 December 2021
Sval Energi acquires Spirit Energy’s Norwegian business, and strengthens its position on the Norwegian Continental Shelf
Sval Energi AS has announced that the company has signed an agreement with Spirit Energy to acquire the majority of Spirit Energy’s Norwegian operations and assets. By this Sval takes a significant step on its growth plan in Norway. The USD 1,026 milliontransaction is the largest acquisition on the Norwegian Continental…
8 December 2021
INPEX to Acquire Shares of Offshore Wind Power Generation Company in the Netherlands
Inpex announced it has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. (DGE-NL), a Dutch registered, wholly owned second generation subsidiary of Mitsubishi Corporation, and acquire a 50% stake in the Luchterduinen offshore wind farm and a 15% stake in the Borssele III/IV offshore wind farm…
7 December 2021
Three winners named for £1m offshore electrification competition
Three studies were awarded a share of £1m to advance oil and gas industry offshore electrification plans Projects bring together oil and gas operators, windpower developers and leading suppliers Studies will assess innovative technical and commercial solutions to help decarbonise oil and gas operations Three winners are sharing a £1million…
7 December 2021
TenneT has opened 2GW Program tender for 525 kV DC offshore Cable manufacturing and installation
2 GW standard essential to meet increased Dutch and German 2030 offshore targets TenneT starts tender of 525 kV DC offshore cable system for Dutch IJmuiden Ver projects Market parties and TenneT set new global offshore standard, first connection operational in 2028 New transmission standard supports next step European countries…
7 December 2021
Jan De Nul has been awarded the transport & installation for Vesterhav Nord & Syd wind farm in Denmark
For the offshore wind farm Vesterhav Nord & Syd in Denmark, Jan De Nul Group will transport and install a total of 41 wind turbines of 8.4 MW each on behalf of Vattenfall Denmark. All together, these turbines will produce enough green electricity for the annual needs of approximately 380,000…
7 December 2021
Heerema renews its system support contract with Kongsberg Digital for a further five years
Kongsberg Digital is pleased to confirm that Heerema Marine Contractors (HMC) has renewed its Long-Term System Support Program (LTSSP) contract with the company for another five years. The LTSSP is in support of a K-Sim Offshore Crane simulation system, which features digital twins of HMC’s semi-submersible construction vessels, ships and…
7 December 2021
New upgrade and maintenance contract for Ulstein
Ulstein Verft has signed a contract with Remøy Management on upgrade, maintenance work and a periodical survey on the cable lay vessel 'NKT Victoria'. The 140-metre-long vessel arrived Ulstein Verft on 30 November 2021. The cable lay vessel NKT Victoria at Ulstein Verft for upgrade and maintenance. Les på norsk…
7 December 2021
Long-term contracts awarded in Brazil
Solstad Offshore is pleased to announce that Equinor in Brazil has awarded the PSVs Sea Brasil and Far Scotsman new long-term contracts. Both vessels are contracted for 2 years with commencement in Dec-2021 and Jun-2022, respectively, both in direct continuation with present contracts. The contracts also cover extensions for 2…
7 December 2021
CABGOC Secures Renewal of Block 0 Concession in Angola through 2050
Chevron’s affiliate in Angola, Cabinda Gulf Oil Company Limited (CABGOC) announced today the successful extension of the Block 0 concession, off the coast of Cabinda province, in Angola. The agreement extends the concession for 20 years, through 2050. Under the renewed agreement, CABGOC will remain the operator with a 39.2…
7 December 2021
Long Stop Date Extension - Sale of UK Central North Sea Licence
As announced on 7 September 2021, United has entered in to a binding sale and purchase agreement ("SPA") with Quattro Energy Limited to sell its UK Central North Sea Licences P2480 and P2519. The long stop date for satisfaction of the SPA conditions was 6 December 2021. The parties to…
6 December 2021
The UK’s Largest Offshore Wind Tower Manufacturing Facility to Be Built at Port of Nigg
Global Energy Group, the Scottish headquartered energy services company, today announces that it has agreed terms with leading offshore wind tower manufacturing specialist, Haizea Wind Group, to build a £110m-plus state-of-the-art offshore wind tubular rolling facility at Port of Nigg, located in the Scottish Highlands. Nigg Offshore Wind (NOW) will…
6 December 2021
Saudi Aramco extends Worley’s contracts for offshore assets
Saudi Arabian Oil Company (Saudi Aramco) has awarded in-Kingdom and out-of-Kingdom contracts to extend Worley’s services for Saudi Aramco’s offshore Maintain Potential Program. Under the contracts, Worley will continue to provide project management, engineering, design, fabrication and installation supervision for Saudi Aramco’s portfolio of offshore projects. The term of the…
6 December 2021
Contract Award BOA DEEP C
BOA OCV have been awarded a new contract in Asia for the subsea construction vessel BOA DEEP C. The contract is for a subsea project offshore India. Commencement of contract is 4Q 2021 and the firm hire period including options if declared, will keep the vessel utilized towards the middle…
6 December 2021
MMA awarded $5.5M survey contract with Marinus Link
MMA Offshore has been awarded a contract with Marinus Link Pty Ltd to acquire, integrate and interpret geotechnical data to assist with a cable route feasibility assessment for the interconnector project. Marinus Link involves approximately 255 kilometres of undersea High Voltage Direct Current (HVDC) cable and approximately 90 kilometres of…
6 December 2021
Maersk Training secures six-figure contract to deliver safety training for Boskalis Subsea Services
Maersk Training has been awarded a six-figure contract to provide its complete Training Management Services (TMS) for Boskalis Subsea Services’ global workforce. The contract is for three years with a two-year extension option. As part of the agreement, Maersk Training will deliver some of its industry-leading training and competency solutions…
6 December 2021
One MDL spread - two projects for TechnipFMC
MDL flex-lay spread has completed two SURF installations for TechnipFMC, in two North Sea basins. The MDL 4-track tensioner, Generation 2 Reel Drive System and 3.5m overboarding chute were mobilised on board the Deep Arctic to execute a 70.4mm umbilical installation in the UK North Sea in September. After the…
6 December 2021
Mitsui O.S.K. Lines and Flotation Energy to Explore Offshore Floating Wind in Japan
Mitsui O.S.K. Lines, Ltd. (“MOL”) and Flotation Energy plc.(“Flotation Energy”) have agreed to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio of offshore floating wind projects in Japan being developed by Flotation Energy (Japan) Co. Ltd., starting from Niigata and followed by other…
6 December 2021
Equinor invests in battery storage company
Equinor has signed an agreement with Noriker Power Limited, a leading battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full…
3 December 2021
Maersk Drilling awarded one-well exploration contract with OMV in Norway
Maersk Drilling has secured a one-well contract with OMV (Norge) AS, which will employ the low-emission jack-up rig Maersk Intrepid to drill a high pressure, high temperature exploration well in the Oswig prospect in Block 30/5C of the Northern North Sea basin offshore Norway. The contract is expected to commence…
3 December 2021
Start-up of CLOV Phase 2 project
TotalEnergies, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency (ANPG) announce the start of production of CLOV Phase 2, a project connected to the existing CLOV FPSO (Floating Production, Storage and Offloading unit). This tie-back project will reach a production of 40,000…
3 December 2021
Lebanon Launches Second Offshore Bid Round
The Lebanese authorities have launched the country's second offshore bid round, with a simplified process to attract new investors. Eight blocks are on offer. The closing date for bids is 15 June 2022. The Lebanese Petroleum Administration (LPA) shared details last week of new terms for the licensing of eight…