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17 November 2021
Cloudberry Clean Energy ASA | Entered into a letter of intent to strengthen its business through acquisition of a Nordic developer and operator of hydro and wind power
Cloudberry Clean Energy ASA has entered into a letter of intent with Captiva Capital Partner AS related to the potential acquisition of 60% of the Captiva Group. If completed, the transaction will significantly strengthen the Company's capabilities especially within development and operations of renewable assets. Cloudberry sees a significant value…
16 November 2021
EnerMech secures contract to support TAQA’s UKCS portfolio for next five years
EnerMech has been awarded a five-year contract to deliver tensioning, torquing and associated services across all of TAQA’s North Sea platforms. Under the new contract, EnerMech will deliver these services on the Cormorant Alpha, North Cormorant, Eider Alpha, Harding, Tern Alpha, Brae Alpha, and East Brae platforms. The contract builds…
16 November 2021
TechnipFMC Awarded Large Subsea Contract for Additional Stabroek Block project
TechnipFMC has been awarded a large(1) contract by Exxon Mobil Corporation affiliate, Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Yellowtail development. Subject to government approvals and final project sanction, TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall…
16 November 2021
Saipem: two new offshore transportation and installation (T&I) contracts awarded for a total amount of over 600 million USD
Saipem has been awarded two new offshore contracts for transportation and installation activities (T&I) for a total amount of over 600 million USD The first contract was awarded by Chevron Australia Pty Ltd for the Jansz-lo Compression Project, the gas field located around 200 kilometres offshore the north-western coast of…
16 November 2021
Green Energy Group (Seabird Exploration Plc) : Loi for a 2-vessel OBN contract
SeaBird Exploration has received a letter of intent for provision of two source vessels for an OBN project. The project will start in Q2 2022 and has an estimated duration of 100 days for a total of 200 vessel-days. SeaBird will utilize chartered vessels on the project, that will be…
16 November 2021
Fugro expands remote operations capability in India
Fugro has announced the opening of a new state-of-the-art Remote Operations Centre (ROC) in India. Fugro currently operates a core global network of eight major Remote Operations Centres ensuring full system redundancy in all parts of the world. This backbone infrastructure is complemented with several regional ROCs, strategically positioned near…
16 November 2021
Petrobras on FPSO for Parque das Baleias
Petrobras informs that it signed today a Letter of Intent with Yinson Production PTE Ltd. for the chartering and provision of FPSO services for the Parque das Baleias Integrated Project, to be installed in the Jubarte Field, located in the northern part of the Campos Basin.The FPSO, which stands for…
16 November 2021
Coral-Sul FLNG ready to sail away to Mozambique’s Rovuma basin, in Area 4 first development
The FLNG will be towed and moored at its operating site in the Rovuma basin offshore Mozambique. Production startup is expected in the second half of 2022, and it will contribute to increase gas availability in a tight market. Eni as Delegated Operator and on behalf of its Area 4…
16 November 2021
Bambo-1 well drilling commences offshore The Gambia
AR Gambia Ltd, a wholly-owned subsidiary of FAR Ltd (ASX: FAR) advises that drilling has commenced on the Bambo-1 exploration well in Block A2, offshore The Gambia (see Figure 1). The Stena IceMax drillship arrived on site on 12 November Gambian time and after completing preparations, has successfully spudded the…
15 November 2021
Boskalis receives EUR 450 million offshore wind project
Boskalis has been awarded a contract for the transportation and installation of the monopile foundations and substations for an offshore wind farm development with a value of approximately EUR 450 million. Boskalis’ successful track record in offshore wind energy is founded in Europe and has expanded to Asia in recent…
15 November 2021
Empyrean Energy plc Block 29/11, China -Empyrean and COSL Execute Final Drilling Contract for Jade Prospect
Empyrean Energy plc the oil and gas development company has advised that the Integrated Drilling Contract ("IDC") for the drilling of the Jade prospect exploration well on Block 29/11, offshore China, (the "Jade Prospect") has been executed by Empyrean and China Oilfield Services Limited ("COSL"). Highlights · IDC Signed by…
15 November 2021
Lime Petroleum participates in carbon capture and storage project in Norway
Lime Petroleum AS (“Lime”) has entered into an agreement with Nautilus Carbon Services AS to participate in the first phase of a larger project involving several other joint-industry project partners, which aims to secure a storage site in the Norwegian Continental Shelf where CO2 can be injected and safely stored…
15 November 2021
Vietnam province approves investment for flagship offshore wind farm
The 1.4 GW Phu Cuong Soc Trang offshore wind project, being developed as a joint venture between Mainstream Renewable Power and the Phu Cuong Group, is located off the southern coast of Vietnam and will be the largest offshore wind farm in South East Asia The first 200 MW of…
15 November 2021
Kistos plc Operational update
Kistos (LSE: KIST), the low carbon intensity energy producer pursuing a strategy to acquire assets with a role in energy transition, is pleased to announce that that Borr Drilling's Prospector-1 jack-up drilling rig has left the Q10-A field (Kistos 60%) and arrived on location at the Q11-B discovery (Kistos 60%).…
15 November 2021
Sale of vessel – Rem Provider
Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the PSV Rem Provider. Delivery of the vessel to the new owner took place today, November 12th, 2021. The sale of the vessel will result in an immaterial accounting effect for Q4 2021.
15 November 2021
MMA forms local joint venture in Taiwan
MMA has announced that it has completed the acquisition of 49.9% of the shares in the Taiwanese survey company Global Aqua Survey Ltd to form a new joint venture, the MMA Global Aqua JV, which will target the rapidly growing offshore wind sector in Taiwan. Global Aqua Survey Ltd (GAS)…
12 November 2021
Seaway 7 awarded the third phase of the Dogger Bank development
Seaway 7 ASA has announced that it has been awarded a sizeable(1) contract by Dogger Bank Wind Farm for the transport and installation of monopile foundations and transition pieces on the third phase of the Dogger Bank Offshore Wind Farm, Dogger Bank C. The company will utilise their specialist Heavy…
12 November 2021
PXGEO awarded Brazilian OBN project commencing H2 2022
PXGEO has entered into an agreement with Petrobras to acquire an OBN seismic project in Brazil commencing in H2 2022 with an approximate duration of 3 months.
12 November 2021
Contract award for CSVs
Solstad Offshore ASA is pleased to announce award of two term contracts for it`s medium size construction vessels. Fugro Netherlands Marine BV has chartered the CSV “Normand Mermaid” for a period of 16 months firm. The contract will commence December 2021. The present Client on CSV “Normand Baltic” has exercised…
12 November 2021
Bacton Energy Hub
Summit E&P Ltd (“Summit”), a wholly owned subsidiary of Sumitomo Corporation (“Sumitomo”) is delighted to announce that it has been invited by OGA to take on significant roles in the initial stages of the Bacton Energy Hub project, as Lead of the Hydrogen Supply Special Interest Group (“SIG”), a Core…
12 November 2021
Trendsetter Engineering wins Shenzi North Framework Agreement
Trendsetter Engineering, Inc. (TEI) is pleased to announce the recent award of a framework agreement by BHP to support their expansion of the Shenzi field in the GOM. Trendsetter’s scope includes the provision of subsea manifolds, High Integrity Pressure Protection Systems (HIPPS), and multiple Subsea Connection and Jumper Systems leveraging…
12 November 2021
Gulf Marine Services PLC Two Contract Extensions
GMS, a leading provider of advanced self-propelled, self-elevating support vessels serving the offshore oil, gas and renewables industries, is pleased to announce two contract extensions, on improved dayrates, for a K and S Class vessel. The extension period on both vessels will commence 1 January 2022, in direct continuance and…
12 November 2021
AqualisBraemar LOC Group to acquire ship design experts OSD-IMT
he energy and marine consultancy AqualisBraemar LOC Group (ABL Group) has entered into an agreement to acquire the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyards Group. OSD-IMT is a specialist consultancy in ship design for newbuild, refit and conversion projects. The company operates in…
12 November 2021
Neptune Energy divests portfolio of non-core assets in Norway
Neptune Energy announced that it has signed Sale and Purchase agreements with OKEA ASA and M Vest Energy AS whereby Neptune will divest its non-operated working interests in three producing fields and two export pipelines on the Norwegian Continental Shelf. The assets Neptune is divesting include the producing Draugen, Brage…
11 November 2021
DeepOcean Awarded Vessel Services Frame Agreement
DeepOcean has been awarded a frame agreement contract by an undisclosed US-based operator for delivery of engineering, project management and vessel support to execute a wide range of subsea activities throughout 2022. The contract covers provision of project management engineering capabilities for specialized subsea services, including the utilization of light…
11 November 2021
Concept select and FEED contracts awarded for Wisting development
Lundin Energy AB has noted that following the license partners support for development concept selection, Equinor ASA, the operator of Wisting in the development phase, has now awarded the front-end engineering and design (FEED) contracts. The Wisting development is on track for project sanction by the end of 2022; >…
11 November 2021
Fugro Launches Its New Generation of Uncrewed Surface Vessels in the Netherlands
Fugro’s Blue Essence, an offshore certified uncrewed surface vessel (USV) with an electric remotely operated vehicle (eROV), will begin its first project in the Netherlands. During operations the vessel is controlled from an onshore remote operations centre (ROC) via a satellite connection and will be used for the inspection of…
11 November 2021
OGA investigates suspected breach of production consents
The Oil and Gas Authority (OGA) has opened an investigation into a possible breach of field Production Consents, contrary to the requirements of the licences. The investigation follows an Enquiry which concluded that there was sufficient initial evidence to merit a full investigation into a potential failure to comply with…
11 November 2021
NKT prepares for green growth in Poland
Offshore wind is taking off in Poland and NKT now extends its presence in the country with a local execution hub preparing for the market opportunities driven by the green transformation in Poland. The transition to renewable energy is taking off in Poland and NKT is now expanding its local…
11 November 2021
Shell and Baker Hughes Sign Broad Collaboration Agreement to Accelerate Energy Transition, Achieve Net-Zero Emissions
Shell Global Solutions BV (Shell) and energy technology company Baker Hughes (BKR: NYSE) have signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors. The memorandum of…
11 November 2021
TGS, BGP, CGG Commence Acquisition of Suriname 3D Phase 1
Further to the announcement on October 20, 2021 of a signed agreement with Staatsolie for multi-client programs offshore Suriname, TGS, acting as the marketing and licensing lead in a consortium with CGG and BGP, today announced that acquisition for Phase 1 of the Suriname 3D project has commenced. This 3D…
11 November 2021
Tullow Oil plc (Tullow) announces that it has exercised its right of pre-emption related to the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields in Ghana to Kosmos Energy
Pre-emption summary> Tullow to pre-empt on Deep Water Tano (DWT) Block interest indirectly acquired by Kosmos Energy > Post completion, it is anticipated that Tullow’s equity interests will increase to 38.9% in the Jubilee field and to 54.8% in the TEN fields> The additional equity interests are expected to add…
10 November 2021
Dominion Energy Awards EEW SPC Monopile Contract
U.S. energy company Dominion Energy has awarded EEW Special Pipe Constructions GmbH a contract to manufacture 176 monopiles for the Coastal Virginia Offshore Wind (CVOW) project. EEW SPC had already delivered two monopiles for the 12 MW CVOW pilot project in April 2020, which were the first monopiles to be…
10 November 2021
CenerTech awards Bluewater a contract for the Lufeng 12-3 FPSO Turret Mooring System
Bluewater Energy Services B.V. has secured a contract with CNOOC Energy Technology & Services (CenerTech) for the engineering, procurement and construction of Turret Mooring Systems including a new mooring system. This as part of the Lufeng 12-3 project in the South China Sea The internal turret-mooring system will be part…
10 November 2021
Minor oil discovery near the Ula field in the southern North Sea – 7/11-14 S
Aker BP ASA, operator of production licence 906, has concluded the drilling of wildcat well 7/11-14 S. The well was drilled about 11 kilometres west of the Ula field in the southern North Sea and 275 kilometres southwest of Stavanger. The objective of the well was to prove petroleum in…
10 November 2021
Maersk Drilling announces agreement to merge with Noble
The Drilling Company of 1972 A/S (“Maersk Drilling”) today announced that it has entered into a definitive agreement to combine with Noble Corporation (“Noble”) in a primarily all-stock transaction. The combined company will be named Noble Corporation, and its shares will be listed on the New York Stock Exchange and…
10 November 2021
Helix Energy Solutions Partners with Trendsetter Engineering for Global Integrated Hydraulic Intervention Services Agreement
Helix Energy Solutions Group, Inc. an international offshore energy services company headquartered in Houston, Texas, has joined Trendsetter Engineering, Inc. in a global partnership to provide integrated hydraulic intervention services for subsea wells and flowlines. The new partnership will integrate Trendsetter’s 15,0000psi Subsea Tree Injection Manifold (15K STIM) and experienced…
10 November 2021
Nexans Charleston, a world class facility uniquely positioned to serve the rapidly expanding U.S. offshore wind market
Nexans announced today the opening of the first U.S. based subsea high voltage cable facility in Charleston, SC,. It is the only facility in North America with such capability. From the Charleston facility Nexans will deliver subsea cables up to 525kV HVDC and 400kV HVAC, covering the full range of…
10 November 2021
DOF Subsea Rederi III AS to Sell the Vessel "Geosund"
DOF Subsea Rederi III AS, a wholly owned subsidiary of DOF Subsea AS, has agreed to sell the vessel “Geosund” to an international buyer. The estimated delivery of the vessel to the new owner is in Q1, 2022.Geosund was built in 2001 as a PSV and rebuilt to a CSV…
10 November 2021
Farstad Supply AS sell the CSV Far Saga
Farstad Supply AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the CSV Far Saga. Delivery of the vessel to the new owner took place November 8th, 2021. The sale of the vessel will result in a minor gain in Q4 2021.
9 November 2021
Argeo chooses Kongsberg Maritime supported Eelume autonomous underwater inspection solution
Argeo AS, a survey and inspection company focused on subsea data acquisition and visualisation, has selected Eelume’s autonomous ‘snake robot’ to assist in their operations in the first commercial contract to be signed for this innovative technology. Eelume’s advanced robotic solutions have been developed with the assistance of Kongsberg Maritime,…
9 November 2021
Bladt Industries wins its largest offshore wind turbine foundation project to date
Danish renewable energy Company Bladt Industries will supply 176 transition pieces to the U.S. Coastal Virginia Offshore Wind (CVOW) project. The wind farm will be established some 40 kilometers off the Virginia U.S. East Coast. The order is the largest TP contract ever for Bladt Industries. more
9 November 2021
ConocoPhillips Skandinavia AS Submits Tommeliten A Plan for Development and Operation
ConocoPhillips Skandinavia AS as operator of the Tommeliten A Unit together with partners announced that the plan for development and operation of the Tommeliten A field in the North Sea has been submitted to the Norwegian Ministry of Petroleum and Energy and the UK Oil and Gas Authority. The Tommeliten…
9 November 2021
Minor oil discovery south of the Bøyla field in the North Sea
Aker BP ASA, operator of production licence 1041, has concluded the drilling of wildcat well 24/12-7. The well was drilled about 17 kilometres southwest of the Bøyla field in the North Sea, and 230 kilometres west of Stavanger. The primary exploration target for the well was to prove petroleum in…
9 November 2021
Edda Wind intends to apply for a listing on the Oslo Stock Exchange
Edda Wind ASA today announces its intention to launch an offering of shares in the Company and to apply for a listing on the Oslo Stock Exchange. Edda Wind is a leading pure play offshore wind service company headquartered in Haugesund, Norway. The Company develops, builds, owns and operates purpose-built…
8 November 2021
Aker Solutions Wins Umbilicals Contract for Jansz-Io Compression Project
Aker Solutions has been awarded a sizeable1 contract from Chevron Australia Pty Ltd to provide the dynamic subsea umbilicals for the Jansz-Io subsea gas compression development, offshore Australia.The contract includes the delivery of engineering, design and manufacturing of a total of about 70 kilometers of dynamic subsea umbilicals. The scope…
8 November 2021
Fugro Wins Two Energinet Site Investigation Contracts for Denmark's Energy Island
Fugro has secured two geotechnical site investigation contracts with Energinet for Denmark’s proposed Energy Island project. A global first, this purpose-built artificial island will be situated 80 km offshore in the North Sea and act as a hub connecting hundreds of surrounding wind turbines. Fugro will perform the preliminary geotechnical…
8 November 2021
DEME Offshore Lands Dominion Energy Group's +$1.1 Billion Balance of Plant Project for Construction of Coastal Virginia Offshore Wind Farm
DEME Offshore US LLC (“DEME Offshore” or “the Company”), the world’s leading offshore wind farm contractor, today announced that it has secured a +$1.1 Billion Balance of Plant (BoP) contract for the construction of the Coastal Virginia Offshore Wind (CVOW) project in a Consortium with Prysmian. The contract, with a…
8 November 2021
Petrofac secures new EPCC contract with PETRONAS
Petrofac has been awarded with a new contract worth around MYR399 million (approx US$96 million) by PETRONAS Carigali Sdn. Bhd., a subsidiary of PETRONAS, the Malaysian National Oil Company. The Engineering, Procurement, Construction, and Commissioning (EPCC) scope of work will encompass the delivery of the new Bintulu Additional Gas Sales…
8 November 2021
Notification of Issuance of the Full Marine Licence for the Islandmagee Gas Storage Project
Further to its announcement of 13 October 2021, Harland & Wolff is delighted to announce that its subsidiary, Islandmagee Energy Limited, has been formally granted the Environmental Consent Decision, Full Marine Licence, Abstraction Licence and Discharge Consent by the Department of Agriculture, Environment & Rural Affairs (DAERA) for the Islandmagee…