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8 November 2021
Dominion Energy Submits Application for Coastal Virginia Offshore Wind with Virginia State Corporation Commission
Dominion Energy continues to advance the largest offshore wind project in the United States by filing plans later today with the Virginia State Corporation Commission for approval to construct the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) commercial project, which will generate enough clean energy to power up to 660,000 homes.…
8 November 2021
Neptune Energy partners with SOS Dolfijn to support marine conservation
Neptune Energy today announced a new partnership with the SOS Dolfijn Foundation, a leading organisation for the rescue of stranded dolphins, porpoise and whales on the Dutch coast and surrounding countries. Neptune will share its advanced emergency response systems and expertise to help the foundation rapidly mobilise teams of volunteers…
8 November 2021
Completion of Farm Out of Southern North Sea Gas Licences to Cairn Energy PLC
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 completion of the farm-out agreement (the "Farm Out Agreement" or the "Farm Out") of five of its gas licences in…
5 November 2021
Production drilling begins on Nova
Wintershall Dea has begun the last part of the Nova drilling campaign in the Norwegian North Sea from the Scarabeo 8 semi-submersible rig. The rig will drill three production wells and three water injection wells through two subsea templates. The Nova field is expected to start production in the second…
5 November 2021
Contract for CSV Far Superior
Solstad Offshore ASA is pleased to announce that MMT Sweden AB, a wholly owned subsidiary of Ocean Infinity, has chartered the CSV Far Superior for a period of 2 years firm with 1 year option. The contract will commence February 2022.
5 November 2021
Greater Pluto reserves and resource update
Woodside has completed a review of the reserves and resource estimates for the Greater Pluto region. Excluding 2021 production to date, the 1P Total reserves have increased by approximately 10% and the 2P Total reserves have decreased by approximately 10%. The review follows completion of integrated subsurface studies incorporating 4D…
5 November 2021
Brazil Transfer of Rights
Brazil's second bidding round of surplus volumes of the Onerous Assignment of the Fields of Atapu and Sépia is confirmed for 17 December 2021. PGS' Santos Vision covers both of them. PGS' Santos Vision covers both Atapu and Sepia fields, allowing participants in the TOR Round to screen opportunities, derive…
5 November 2021
Aker Offshore Wind, Ocean Winds and Statkraft unite to develop floating offshore wind in the Norwegian North Sea
Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. The equal partnership will submit an application to the Norwegian authorities for the development of a commercial scale…
5 November 2021
Prosafe SE: Safe Notos extended by Petrobras
Prosafe has signed a further contract extension with Petrobras Netherlands B.V. (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The original three years and 222-day firm period was due to complete in July 2020, had previously been extended through to mid-November…
5 November 2021
Havila Shipping ASA: Sale of the PSV vessel Havila Crusader
Havila Shipping ASA has sold the PSV vessel Havila Crusader to a foreign owner, who will use the vessel outside the offshore industry. The sale was completed at requirement of the lender in accordance with the clauses of the restructuringagreement.
5 November 2021
Cadeler A/S secures preferred supplier agreement for undisclosed project
Cadeler A/S, a key supplier of marine installation and engineering services in the offshore wind industry, has secured a preferred supplier agreement with an undisclosed client for the transport and installation of next generation wind turbines, with a final contract value above 45 mil. EUR. The installation project will be…
4 November 2021
Warrego joins innovative Mid West Blue Hydrogen and CCS consortium and accelerates carbon management initiatives
Warrego has joined a consortium of energy and infrastructure companies to undertake a feasibility study for the innovative Mid West Blue Hydrogen and CCS project in Western Australia • Consortium comprises APA Group, Pilot Energy and Warrego, with member companies contributing funding and sector expertise • Genesis, Technip Energies and…
4 November 2021
California Pilot Project progressing towards Environmental Impact Report
BW Ideol is pleased to announce that its planned offshore floating wind pilot-project in California has progressed to the environmental assessment stage, representing the next milestone in a permitting process for what may become one of the first wind farms off the coast of California. The 40 MW+ pre-commercial floating…
4 November 2021
Operational update - completion of site survey Barryroe, North Cetluc Sea Basin
Providence Resources P.l.c. , the Irish energy company, today provides an operational update in relation to the Barryroe field. The field lies in c. 100 meter water depth in the North Celtic Sea Basin and is located c. 50km off the south coast of Ireland. Pursuant to an earlier authorisation under…
4 November 2021
Contract extension for OSCVs Siem Stingray and Siem Spearfish
With reference to the notice issued January 29th 2021, GE Renewable Energy has decided to exercise the remaining options for the vessel “Siem Stingray”. The extension will see the versatile vessel further utilized into the first quarter of 2022. The extension reconfirms that the Company plays an important role in…
4 November 2021
Northern Horizons: A Pathway for Scotland to Become a Clean Energy Exporter
A vision to utilise Scottish offshore wind resources in the North Sea to make the country an exporter of clean energy has been unveiled at the COP 26 climate change conference in Glasgow. The Northern Horizons Project has been unveiled by Aker Horizons’ portfolio companies Aker Offshore Wind and Aker…
4 November 2021
Cairn Energy Plc: Change of Company Name
Cairn plans to change its company name from Cairn Energy PLC to Capricorn Energy PLC, effective from 13 December 2021. The LSE stock ticker will remain as CNE. This follows an agreement at the time of the Cairn India IPO that the name would ultimately be changed. Given the recent…
4 November 2021
McDermott Collaborates with Shell to Decarbonize Construction
McDermott has signed a memorandum of understanding (MOU) with Shell Eastern Petroleum Pte Ltd (Shell), a subsidiary of Royal Dutch Shell plc, to collaborate on decarbonizing construction. The agreement enables McDermott and Shell to explore opportunities for reducing, and eliminating, emissions from construction through pathways such as low carbon fuels,…
4 November 2021
TotalEnergies, Iberdrola and Norsk Havvind join forces for offshore wind development
TotalEnergies, Iberdrola and Norsk Havvind have joined forces to respond to the Norwegian authorities' call for tenders for the development of floating and bottom-fixed wind projects for a cumulated capacity of 4.5 GW at two offshore sites in southern Norway. The consortium will leverage in its offer the proven technical…
4 November 2021
Energean plc ("Energean" or the "Company") Trading Statement & Operational Update
Energean plc has provided an update on recent operations and the Group's trading performance in the 9-months to 30 September 2021. Mathios Rigas, Chief Executive of Energean, commented: "In the third quarter of 2021, Energean continued to deliver excellent operational and financial results. Production was above expectations and combined with…
4 November 2021
Vestas’ marshalling underway at Able Seaton Port for Scotland’s largest offshore wind farm
Marshalling operations for wind turbine parts are underway at Able Seaton Port in Hartlepool for what will be Scotland’s biggest, and the world’s deepest fixed bottom offshore wind farm – Seagreen. In the last few weeks, SSE Renewables and joint-venture partner TotalEnergies announced that the installation of turbine foundations has…
4 November 2021
Environmental statement submitted for Pegasus West
Spirit Energy has submitted its Environmental Statement for the Pegasus West development to the Department for Business, Energy and Industrial Strategy, launching a public consultation on the plans. The submission of the Environmental Statement is a key milestone in progressing Pegasus West towards final sanction and full development. In advance…
3 November 2021
ONE-Dyas has handed in decommissioning plans for Sean field in North Sea
ONE-Dyas has filed its decommissioning program for three platforms at the Sean field in the UK North sea to the UK authorities.More
3 November 2021
Huisman to deliver largest Leg Encircling Crane for Van Oord's new offshore installation vessel
Huisman, the worldwide provider of step changing technical solutions, has been awarded a contract from Van Oord for the delivery of a Leg Encircling Crane (LEC) for its new offshore installation vessel. This crane will be the largest Leg Encircling Crane that Huisman has developed to date in terms of…
3 November 2021
Ærfugl phase 2 starts production ahead of schedule and on budget
Operator Aker BP and partners Equinor, Wintershall Dea Norge and PGNiG Norway report that production has started from Ærfugl phase 2 in the Norwegian Sea. With this start-up, the entire Ærfugl field is now in production. “I am very proud of the deliveries from the project team and our alliance…
3 November 2021
Completion of sale of Cairn's interests in the Catcher and Kraken Fields
On 8 March 2021, Cairn announced the proposed sale of its interests in the UK Catcher and Kraken fields to Waldorf Production Limited. Following the General Meeting held on 28 October 2021, Cairn is pleased to announce completion of the transaction. The firm consideration payable to Cairn is US$455 million,…
3 November 2021
Strohm successfully delivers Australia’s first TCP Jumper for Subsea 7
As part of the project, Strohm’s TCP Jumper technology is being utilised in Subsea 7’s project offshore North-western Australia. Strohm’s TCP solution is 80% lighter in weight compared to its metallic equivalents, leading to improved transportation and installation costs. It is completely impervious to corrosion and has a high collapse…
3 November 2021
PGS, CGG and TGS Announce Versal, a Unified Ecosystem for Accessing Multi-Client Seismic Data across Multiple Vendors
Further to the announcement on 15 December 2020, PGS, CGG and TGS, industry leaders of multi-client geoscience data, today announce Versal – a unified seismic data ecosystem giving access to three of the world’s largest multi-client libraries via a single log-in. Versal is an independent, secure, cloud-based, multi-client seismic data…
3 November 2021
Equinor farms down in Dogger Bank C and expands partnership with Eni
Equinor has entered into an agreement with Eni to sell a 10% interest in the Dogger Bank Wind Farm C project in the UK. Equinor continues to capture value from the world class offshore wind asset obtaining an equity consideration of around GBP 70 million. Eni has also entered into…
3 November 2021
Streamlined consents system saves time and money for industry
500+ consent applications made every year PWA relaunch is third major data and digital improvement this year Data will help build more accurate subsea maps The Oil and Gas Authority (OGA) has today unveiled the new digitised Pipeline Works Authorisation (PWA) system which will make consents quicker and easier to…
3 November 2021
Offshore wind spending is closing the gap against O&G, will exceed it in more regions by 2030
Offshore wind spending is increasingly closing the gap on oil and gas (O&G) investments and is forecast to surpass them in several key markets by 2030, Rystad Energy analysis indicates. While global O&G capital expenditure will rise nominally in this timeframe, anticipated growth in offshore wind investments will bring Europe,…
3 November 2021
ExxonMobil and Pertamina to evaluate carbon capture and storage in Indonesia
ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26. ExxonMobil and Pertamina…
2 November 2021
Neptune Energy and EDF complete first-of-its-kind methane study in UK
Neptune Energy announced the completion of a first-of-its-kind collaboration with Environmental Defense Fund (EDF) to measure methane emissions on a working UK offshore platform using advanced drone technologies. Methane is the primary component of natural gas and is a potent greenhouse gas. Fixed wing and rotary drones equipped with methane-sensing…
2 November 2021
Contract extension for PSV in Norway
ConocoPhillips Skandinavia AS has exercised its option to extend present contract for the PSV Normand Supporter with 1 year. The contract is now firm to February 2023, with 2 x 1 year options thereafter. With reference to stock exchange release 20.10, ConocoPhillips Skandinavia AS is also the Charterer which extended…
2 November 2021
Contract for CSV Normand Samson
Solstad Offshore ASA is pleased to announce that a major oil service company has chartered the CSV Normand Samson for a period of minimum 350 days with options to extend with additional 150 days. The contract will commence during Q2 2022. The vessel will be utilized on a field development…
2 November 2021
Vineyard Wind announces partnership with Semco Maritime in the US
Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and Copenhagen Infrastructure Partners (CIP), announced a partnership with Semco Maritime, a leading international service provider for offshore wind energy projects, as the latest initiative included in the company’s Commonwealth Wind proposal. Under the terms…
2 November 2021
McDermott Completes Its First Sail Away on Tyra Redevelopment Project
McDermott has successfully completed its first delivery with sail away on Aug. 24, 2021 of two bridges and a flare for the Tyra Redevelopment project for TotalEnergies EP Denmark. The work package for the Tyra Redevelopment is executed from McDermott's fabrication yard in Batam, Indonesia, and includes the Tyra East…
2 November 2021
VAALCO Successfully Completes Two Etame Field Well Workovers
VAALCO Energy, Inc announced that it has completed the two previously-announced workovers at the Etame field offshore Gabon and added a total of approximately 1,050 gross barrels of crude oil per day (“BOPD”), (540 net BOPD to VAALCO). Highlights Include: Utilized VAALCO’s mobile hydraulic workover unit, which was purchased in…
2 November 2021
SSE Renewables closes agreement to form Japanese Offshore Wind company
SSE Renewables has closed the agreement to form a new joint ownership company, SSE Pacifico, which will pursue the development of offshore wind projects in Japan. The deal includes the acquisition by SSE Renewables of an 80% interest in an offshore wind development platform from Pacifico Energy. The total consideration…
2 November 2021
2022 Offshore Petroleum Exploration Acreage Release
The annual Offshore Petroleum Exploration Acreage Release is a key part of the Australian Government's strategy to encourage petroleum exploration in Australia’s offshore waters.More
1 November 2021
Longboat Energy plc Mugnetind minor discovery
Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, nearterm, low-risk exploration assets, announces a minor oil discovery with the Mugnetind exploration well in licence PL906 (Company 20%) in the Southern North Sea. The exploration well 7/11-14 S encountered hydrocarbons in the Upper Jurassic Ula…
1 November 2021
New oil discovery in the Norwegian Sea
Equinor, together with partners PGNiG Upstream Norway and Longboat Energy Norway, has found oil in exploration well 6407 / 1-9 - Egyptian Vulture. Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in the well, corresponding to 19-62 million barrels.…
1 November 2021
Equinor plans to launch GW-size floating wind concept in Scotland
Equinor, the leading developer in floating offshore wind has designed a new floating wind concept that will enable industrial standardisation and maximise opportunities for local supply chains. Having reaffirmed its commitment to Scotland earlier this year, the offshore energy company has now revealed its preferred floating wind foundation design for…
1 November 2021
Odfjell Oceanwind, OKEA, TrønderEnergi to evaluate potential Draugen wind farm
Odfjell Oceanwind has entered into a Memorandum of Understanding with the Norwegian exploration and production company OKEA and the utility company TrønderEnergi to jointly evaluate the potential of developing a floating offshore wind farm connected to the Draugen platform. The intention of the potential wind farm is to provide renewable…
1 November 2021
The wind power booster: TenneT presents 6-gigawatt hub to accelerate offshore expansion targets
The wind power booster realises acceleration potential of three years for Germany's ambitious climate targets Energy Ministers Olaf Lies and Jan Philipp Albrecht and Economics Senator Kristina Vogt welcome TenneT's initiative for sustainable grid expansion in the North Sea and coastal regions Industry and offshore sector support TenneT's proposal as…
1 November 2021
Venterra formed to create global services champion for offshore wind energy
Venterra Group Plc has been formed by Ayman Asfari and colleagues to create a global services champion supporting the offshore wind industry’s rapid expansion and leading role in the energy transition. Venterra’s mission is to service wind energy developers globally with best-in-class engineering, construction and operations services, through acquiring and…
1 November 2021
TGS Announces New 3D Multi-Client Seismic Survey in the Egyptian Red Sea
TGS, a global provider of energy data and intelligence, today announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger.The project will encompass approximately 6,800 square kilometers and will be acquired with long offsets and processed using a Pre-Stack Depth Migration (PSDM) workflow to enable…
1 November 2021
Tui Field Decommissioning – New Zealand
2021/2022 Procurement and Employment – Initial Expression of Interest The Ministry of Business, Innovation and Employment (MBIE) New Zealand has awarded a contract to Shelf Subsea for the removal of the subsea infrastructure from the Tui Oil Field (Phase 2 of the Tui decommissioning process). As part of the Tui…
29 October 2021
Ørsted becomes the first energy company in the world with long-term science-based net-zero target
The Science Based Targets initiative (SBTi) has launched the Net-Zero Standard as the world’s only framework and leading standard for aligning corporate net-zero targets with climate science. As part of the launch, Ørsted’s 2040 net-zero full value chain decarbonisation target has now been validated as science-based. SBTi’s new Net-Zero Standard…
29 October 2021
Exploration Task Force Investment Pack: Responsible Investment for a low carbon future
The UK’s Exploration Task Force (‘XTF’) has recently issued an information pack making the case for responsible investment in UK oil and gas exploration and production. Investment will support the industry in limiting the impact of global supply challenges as it works towards meeting its 2050 net zero commitment, in…