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25 November 2021
Neptune Energy extends drilling contract with Odfjell Drilling
Neptune Energy today announced it has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in the Norwegian North Sea next year. The Deepsea Yantai is currently drilling the production wells at the Neptune-operated Fenja field in the Norwegian Sea. The extension will include…
25 November 2021
Wood extends long-standing relationship with Equinor in Brazil
Wood has secured an extension with international energy company, Equinor, to deliver maintenance solutions across the Peregrino wellhead platforms (WHP) and floating production storage and offloading (FPSO) unit, located off the coast of Rio de Janeiro, Brazil. This is the third one-year extension awarded to the team, with the contract…
25 November 2021
Tekmar Energy secures CPS supply contract for Arcadis Ost 1 Offshore Wind Farm
Tekmar Energy Limited, a Tekmar Group Company, is pleased to announce a contract award by Global Offshore to supply Cable Protection Systems (CPS) for the Arcadis Ost 1 offshore wind farm in Germany. Arcadis Ost 1 is a 257 MW offshore wind project developed by Parkwind. The project will be…
25 November 2021
Kraken awarded $7.1 million of contracts for offshore subsea inspections
Kraken Robotics Inc, Canada’s Ocean Company™, is pleased to announce that its wholly owned subsidiaries Kraken Robotic Systems Inc. and PanGeo Subsea Inc. have been awarded $7.1 million for two contracts from the Newfoundland Offshore Oil and Gas Industry Recovery Assistance (OOGIRA) Fund. The combined projects valued at $9.2 million…
25 November 2021
Magseis Fairfield conditional award for a 4D OBN contract in the North Sea
Magseis Fairfield announces the conditional award of a 4D Ocean Bottom Node (OBN) survey in the North Sea. The survey will be conducted with Magseis Fairfield’s Z700 technology. Start-up is expected in Q2 2022, and the project will run for approximately one month. “The survey will commence following completion of…
25 November 2021
Storegga and Sval Energi join forces to explore carbon storage on the Norwegian continental shelf
Storegga, the independent UK company pioneering carbon reduction and removal for a net zero world, is pleased to announce that it has entered into an agreement with Sval Energi (“Sval”) to explore joint business opportunities for carbon storage on the Norwegian Continental Shelf (“NCS”). The purpose of the agreement is…
25 November 2021
Licence P2428 - Completion of 3D Seismic Survey
Deltic Energy Plc, the AIM quoted natural resources investing company with a high impact, natural gas focussed exploration and appraisal portfolio in the Southern North Sea, is pleased to announce that the 3D seismic survey over Licence P2428 and surrounding areas has now been completed. Following the announcement of Deltic's…
25 November 2021
AML3D 3D prints world’s largest, verified Oil & Gas piping component
AML3D, a global provider of large-scale metal additive manufacturing technology and solutions, has 3D printed the world’s largest high-pressure Oil & Gas piping component to be successfully tested and verified by Lloyd’s Register. This demonstrator component was printed as part of AML3D’s internal development program and it showcases capabilities in the…
25 November 2021
Jan de Nul and LS Cable & System Complete, on Behalf of Tennet, First 90KM of Submarine Power Cables for the Hollandse Kust (Noord) and (West Alpha) Wind Farms
LS Cable & System and Jan De Nul Group announce the completion of the first lot of submarine power cables for TenneT’s offshore projects Hollandse Kust (noord) and (west Alpha) in the Netherlands. Jan De Nul’s cable laying vessel Isaac Newton will load the 220 kV AC cables from LS…
25 November 2021
Petrobras reports on result of exploratory well in Santos Basin
Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in a pioneer well in the Aram block. Well 1-BRSA-1381-SPS (Curaçao) is located 240 km from the city of Santos-SP, at a water depth of 1,905 meters. The oil-bearing interval was verified through electrical profiles…
25 November 2021
Western Gas and Valaris sign contract drilling of Sasanof-1 exploration well
Western Gas is pleased to announce that it has executed the formal contract with Valaris for the MS-1 semi-submersible rig to drill the Sasanof-1 exploration well. more
25 November 2021
Shelf Drilling Awarded New Contract in India with ONGC
Shelf Drilling, Ltd announced today that it has received an award for a three-year contract for the Ron Tappmeyer jack-up rig with Oil and Natural Gas Corporation for offshore operations in Indian waters. The rig is currently under contract with ONGC with a scheduled completion date in Q2 2022. The…
24 November 2021
Signing four new contracts with Aibel
Equinor has, on behalf of the licence partners in Krafla, Gina Krog, Asterix, and Gassco at Kårstø, signed contracts with Aibel worth around NOK five billion, including options. Aibel estimates the contracts and options to require 3500 person-years in total. “These awards build on our strong common history and Aibel’s…
24 November 2021
PGS ASA: Awarded 4D Contract in the North Sea
Oslo, Norway, PGS is awarded a 4D contract in the North Sea. A Ramform Titan-class vessel is scheduled to commence acquisition early August 2022 and complete mid-September. "We are very pleased to be awarded this 4D contract in the North Sea. It is encouraging to see our clients securing capacity well in advance,…
24 November 2021
Norwegian Petroleum Directorate: Drilling permit for well 6306/9-1 in production licence 886
The Norwegian Petroleum Directorate (NPD) has granted Lundin Energy Norway AS a drilling permit for well 6306/9-1, cf. Section 13 of the Resource Management Regulations. Well 6306/9-1 will be drilled from the Deepsea Stavanger drilling facility in position 63°22'34.30"N and 06°45'30.53"E. The drilling programme for well 6306/9-1 relates to the…
24 November 2021
Beehive Pre-Drill Seabed Assessment
EOG Resources Australia Block WA-488 Pty Ltd (‘EOG’) is the titleholder of permit WA-488-P, located in Commonwealth waters of the Joseph Bonaparte Gulf (JBG) off the northern Western Australian (WA) coastline. EOG proposes to undertake geophysical and geotechnical (G&G) investigations within an activity area located 163 km offshore from nearest…
24 November 2021
Decommissioning project dashboards give suppliers the inside track
An industry taskforce has launched an initiative harnessing data and digital solutions to give the supply chain a clearer picture of future decommissioning work. A lack of certainty and transparency around the timing of projects has been a persistent source of frustration for many service companies.more
24 November 2021
Lukoil makes a new oil discovery at block 12 in Mexico
LUKOIL announces discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico. The field was discovered after drilling the first exploration well. According to preliminary estimates, the initial oil in place reaches 250 million barrels. The Yoti West-1 EXP well was drilled 60 km offshore…
24 November 2021
Mozambique announces the sixth licensing round
The Sixth Licensing Round for the Concession of Hydrocarbon Exploration and Production Areas is launched this Thursday, 25th of November. For this purpose, 16 new areas were defined, distributed by 4 distinct regions, five of which are located in the Rovuma Basin, seven in Angoche, two in the Zambezi Delta…
24 November 2021
IOG operational update
IOG plc, the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to provide a corporate and operational update, with a short accompanying presentation (see link below). Andrew Hockey, CEO of IOG, commented: "The offshore subsea and hook-up scopes for the Blythe and Elgood fields are…
22 November 2021
Tui Project: decommissioning the Tui oil field
The NZ Government has commenced work to manage the Tui oil field assets and plan for decommissioning of its wells in the wake of the financial problems affecting the permit operator Tamarind Taranaki Ltd. MBIE has awarded a contract to Helix Offshore Services Limited for the plugging and abandonment of…
22 November 2021
Contract for PSV Far Symphony
Solstad Offshore is pleased to announce that the PSV Far Symphony has been awarded a term contract by Ithaca Energy. The vessel will be supporting Ithaca’s UK North Sea operations for a period of one year firm, with further options up to one year. The commencement date of the contract…
22 November 2021
Iberdrola breaks ground on Vineyard Wind 1, the United States' first large-scale offshore wind farm
Iberdrola is starting work on the United States' first large-scale offshore wind farm. The project will be 25 times the size of the country's only existing offshore facility, located in Rhode Island. Vineyard Wind 1 will be operated by Vineyard Wind, a company 50 % owned by the Iberdrola group…
22 November 2021
4Subsea to Showcase New Autonomous SMS Strain™ Sensor at WindEurope Electric City 2021
4Subsea, a leading provider of digital technology and services, has launched a new autonomous sensor that measures the dynamic strain of offshore wind turbines with high resolution and accuracy. The sensor will reduce cost of operations and maximise life of offshore wind turbines. more
22 November 2021
Scarborough and Pluto Train 2 developments approved
Final investment decisions have been made to approve the Scarborough and Pluto Train 2 developments, including new domestic gas facilities and modifications to Pluto Train 1. more
22 November 2021
Fugro to update Cayman Islands hydrography for UKHO with carbon-neutral survey
The project will support updated nautical charting and improved coastal zone management. To accomplish the work, Fugro will deploy their Rapid Airborne Multibeam Mapping System (RAMMS), a solution that meets International Hydrographic Organization (IHO) quality and accuracy standards, while also contributing to UKHO’s goals for carbon neutral operations. Fugro has…
22 November 2021
APT and MGPalaeo in Australian oil and gas partnership
Petroleum systems specialist Applied Petroleum Technology (APT) has entered into a joint venture agreement with Australia-based geological and stratigraphic consultants MGPalaeo to provide integrated multi-client and post-well analyses for E&P companies operating in Australia. The parties’ first study will focus on the Roebuck Basin on the central North West Shelf…
19 November 2021
James Fisher Renewables completes first phase of unexploded ordnance identification at Sofia Offshore Wind Farm
James Fisher Renewables (JF Renewables), a trusted technical and operations solutions provider to the offshore renewables industry, part of James Fisher and Sons plc (James Fisher, the group), has completed the first part of a two-phase contract to investigate unexploded ordnance (UXO) and potential archaeological features ahead of the installation…
19 November 2021
Magseis Fairfield awarded a 4D OBN contract in the GoM
Magseis Fairfield announces the award of a 4D Ocean Bottom Node (OBN) survey in the Gulf of Mexico from a repeat customer. The survey will be conducted with Magseis Fairfield’s ZXPLR technology. Start-up is expected in Q1 2022, and the project will run for approximately five months, with options for…
19 November 2021
McDermott Completes FEED and Wins Ichthys Booster Compression Platform EPC Contract
McDermott has won an engineering, procurement and construction (EPC) project after successfully completing FEED services for a booster compression module for the INPEX-operated Ichthys LNG development. The module will be added to the Ichthys Explorer central processing facility, located off the northwest coast of Western Australia. "Ichthys LNG is ranked…
19 November 2021
Asso.subsea Limited awards the Correll Group first export cable pull in contract.
The Correll Group, Electrical Engineering Division is delighted to announce that it has been successful in securing a contract with the offshore installation company Asso Subsea for the AC Submarine Cables pull in operations on both the Kaskasi II OWP Offshore Substation and the HVDC Offshore Substation Helwin Beta as…
19 November 2021
GAZ-SYSTEM: GAZ-SYSTEM has completed laying the offshore section of the Baltic Pipe gas pipeline
On 18 November this year, the last weld on the gas pipeline connecting the coasts of Denmark and Poland was made. This moment marks the completion of the most important stage of work on the Baltic Pipe project. The construction of the Baltic Pipe offshore section in the Baltic Sea…
19 November 2021
TechnipFMC, Petronas to Commercialize Gas Processing Technology
TechnipFMC and PETRONAS Technology Ventures Sdn Bhd (PTVSB), a subsidiary of PETRONAS, today entered into an agreement to commercialize a unique natural gas processing membrane which reduces greenhouse gas (GHG) emissions. Through the technology commercialization agreement, TechnipFMC will utilize and integrate the membrane technology licensed from PETRONAS as part of…
19 November 2021
Shell partners with Simple Blue Group to develop Western Star floating wind project
Shell has signed an agreement with Irish leading blue economy developer Simply Blue Group to acquire a 51% share of their Western Star venture, which seeks to develop a floating wind farm off the Clare coast in Ireland. This follows a similar agreement earlier this year to jointly develop the Emerald…
19 November 2021
Huisman launches drone inspection service for equipment
Huisman has recently launched its fully digitalised drone inspection services for the safe inspection of cranes, drilling and pipelay equipment, offered from its international locations in the Netherlands, Singapore, China, the USA and Brazil. Huisman launches drone inspection service for equipment Huisman has extended its service portfolio with drone inspections…
18 November 2021
Aker Solutions to Provide Subsea Production System for Mero 4 Project in Brazil
Aker Solutions has been awarded a substantial1 contract by Petrobras to provide a subsea production system and related services for the Mero 4 project offshore Brazil. This is the fourth consecutive production system for the Mero field development, one of the largest oil discoveries in Brazil's pre-salt area. The company…
18 November 2021
Green Energy Group (Seabird exploration Plc) : LOI for 2d program extension
SeaBird Exploration has received a letter of intent for an extension of the ongoing 2D survey in the Asia Pacific region. The extension comes on the heels of strong productivity and is a direct continuation of the ongoing work and the extended scope is expected to be completed in the…
18 November 2021
TechnipFMC Announces Strategic Investment and Collaboration with Orbital Marine Power to Accelerate Tidal Energy
TechnipFMC signed a Memorandum of Understanding with Orbital Marine Power (Orbital), a pioneer of tidal energy technology, to jointly collaborate in tidal energy to accelerate the global commercialization of Orbital’s technology and deliver the first commercial scale floating tidal field. Orbital’s unique floating turbine, the most powerful in the world…
18 November 2021
Mocean Energy Blue X wave machine completes sea trials
Mocean Energy’s Blue X wave energy machine has returned to dock after a successful five-month test period at sea. In the last few days the 20-metre long, 38-tonne wave machine has been towed from EMEC’s Scapa Flow test site to Kirkwall and has been lifted onto Hatston Pier, where it…
18 November 2021
CRP Subsea expands with new renewables manufacturing facility
CRP Subsea has made a large-scale investment in a new manufacturing facility to support their transition from primarily oil & gas into the renewables market. The purpose-built manufacturing facility includes a state-of-the-art semi-automated production line for the NjordGuard cable protection system used in offshore wind farms. The new facility enables…
18 November 2021
Consortium led by Aker Offshore wind secures blade recycling pilot project funding
A UK Government grant has been secured for an innovative pilot to develop the UK’s first wind blade turbine recycling plant. The £2million three-year project involves a consortium led by Aker Offshore Wind and Scottish researchers, with the aim of ensuring a more sustainable future for the global wind industry…
18 November 2021
Gulf of Mexico Lease Sale Results Announced
The Bureau of Ocean Energy Management (BOEM) announced that Gulf of Mexico Lease Sale 257 generated $191,688,984 in high bids for 308 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico. Today’s sale was consistent with a U.S. District Court’s preliminary injunction, while the government appeals…
18 November 2021
As falling costs make new oil cheaper to produce, climate policies may fail unless they target demand
Rystad Energy’s annual cost of supply analysis has revealed that costs within the upstream sector have come down considerably in 2021, making new oil more competitive and significantly cheaper to produce. The average breakeven price for new oil projects has dropped to around $47 per barrel – down around 8%…
17 November 2021
Stepping up Korean offshore wind plans, 3 GW collaboration with EWP
Equinor has signed a Memorandum of Understanding (MoU) with Korean East-West Power (EWP) to cooperate on 3 GW of offshore wind projects in South Korea. Together the partners will contribute significantly to the country’s ongoing energy transition and development of an offshore wind industry in Korea. The Korean Government has…
17 November 2021
SBM Offshore Awarded Contracts for Fourth FPSO in Guyana Based on its Fast4Ward® Program
SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Yellowtail development project. The FEED contract award triggers the initial release of funds by ExxonMobil’s subsidiary Esso Exploration and Production…
17 November 2021
Maersk Drilling secures two-well Dutch contract for Maersk Resolute
Maersk Drilling has been awarded a contract with ONE-Dyas B.V. which will employ the harsh environment jack-up rig Maersk Resolute to drill the IJssel and Clover exploration wells in the Dutch sector of the North Sea. The contract is expected to commence in December 2021, with a firm duration of…
17 November 2021
Olympic Subsea - Contracts update
Olympic Subsea is pleased to announce the extension of contracts for two vessels and a new contract for one vessel. Olympic Subsea and Reach Subsea has agreed to extend the contracts for Olympic Artemis and Olympic Delta. The vessels will be employed until Q1 2023, with no further options. The…
17 November 2021
Yard number 862 successfully launched
Last weekend yard number 862 was launched successfully at shipyard Royal Niestern Sander. The world’s first ice breaking walk to work vessel is one step closer to delivery and operations in harsh weather conditions in Sakhalin. To be continued! Year round operations The shallow draft ice-breaking walk to work vessel…
17 November 2021
New report shows sixfold increase in global demand for offshore wind cables
A new report published today by RenewableUK shows the market for offshore wind farm cables is set to grow exponentially over the course of this decade. The global market for subsea power cables is divided between array cables which run between the turbines of an offshore wind farm connecting them…
17 November 2021
OPT Acquires Marine Advanced Robotics
Ocean Power Technologies is growing! OPT announced the acquisition of Marine Advanced Robotics, Inc. (MAR), a San Francisco Bay Area -based developer and manufacturer of autonomous surface vehicles (ASVs). This acquisition immediately provides OPT with an established, innovative offshore product line that features roaming capability and highly complements the OPT…