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20 October 2021
Four New Wells on Statfjord Øst
Spirit Energy and the license partners have agreed to drill four new wells on Statfjord Øst. Planned start-up is in the spring of 2023, and the rig COSLPromoter has been hired to drill the wells. Asset Manager Håvard Nygård at Spirit Energy said: “Landing a rig agreement is an important…
20 October 2021
Valaris Announces Floater Contract Award
Valaris Limited announced today that it has been awarded a contract with Petrobras offshore Brazil for drillship, VALARIS DS-4. The contract is for a minimum term of 548 days. The rig is currently preservation stacked in the UK and will transit to the Canary Islands, where it will be reactivated…
20 October 2021
TGS, BGP, CGG Sign Agreement with Staatsolie for Multi-Client Programs Offshore Suriname
TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP, today announced the signature of a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the Republic of Suriname. The agreement allows the consortium to acquire, promote and…
20 October 2021
OWC lands owner’s engineering role for Hai Long Offshore Wind
Offshore wind consultancy OWC has been appointed as owner’s engineer on the Hai Long Offshore Wind Project in Taiwan. OWC, an AqualisBraemar LOC Group (ABL Group) company, will, as one of the owner’s engineers of Hai Long Offshore Wind Project, provide technical advisory and coordination services throughout the development and…
20 October 2021
East Coast Cluster selected as one of the UK’s first two carbon capture and storage projects
The East Coast Cluster (ECC) has been named as one of the UK’s first carbon capture, usage and storage clusters following a successful bid to the Department for Business, Energy & Industrial Strategy (BEIS). The ECC was named as a “Track-1” cluster, putting it on course for deployment by the…
20 October 2021
Scotland: TotalEnergies and ScotWind partners commit to local industrial development
Patrick Pouyanné, Chairman and CEO of TotalEnergies, has opened today the company’s UK Offshore Wind Hub in Aberdeen. The Hub will be part of the Company’s existing offshore operations centre in Aberdeen. The Hub will enable the transition of staff from oil and gas to offshore wind as that part…
20 October 2021
TechnipFMC and Talos Energy Enter Strategic Alliance to Provide Carbon Capture and Storage
TechnipFMC and Talos Energy Inc. announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos’s offshore operational strength and sub-surface expertise with TechnipFMC’s extended…
20 October 2021
Ørsted brings in Glennmont Partners as a 50% shareholder of Borkum Riffgrund 3 Offshore Wind Farm
Today, Ørsted has signed an agreement with Glennmont Partners (’Glennmont’), who will be acquiring a 50 % ownership share in Ørsted’s 900 MW German offshore wind farm Borkum Riffgrund 3. The wind farm, which was awarded at EUR 0 per MWh in 2017 and 2018, is expected to be commissioned…
19 October 2021
Harland & Wolff (Arnish) Awarded First Contract
Harland & Wolff (Arnish) has been awarded a contract for the fabrication of four suction piles for a sub-sea template of an energy project in the Black Sea. This key win marks Arnish’s operational preparedness for the wider renewables sector in the UK. With Arnish now moving to full operations,…
19 October 2021
Shearwater GeoServices has been awarded a major 3D seismic exploration project in South Africa
Shearwater GeoServices Holding AS (“Shearwater”) announces the award of a 3D seismic survey contract for acquisition in South Africa. The survey will acquire over 6,000 sqkm of 3D seismic data and be acquired by the Amazon Warrior. The project is planned to last approximately four-months. The Amazon class vessels are…
19 October 2021
Empire Wind selects turbine supplier
Empire Offshore Wind, a joint venture between Equinor and bp, has selected Vestas as its preferred supplier for wind turbine generators for both Empire Wind I and Empire Wind II, one of the largest offshore wind projects in the US. The preferred supplier agreement – one of the largest of…
19 October 2021
Drilling permit for well 24/12-7 in production licence 1041
The Norwegian Petroleum Directorate has issued a drilling permit to Aker BP ASA for well 24/12-7, cf. Section 13 of the Resource Management Regulations. Well 24/12-7 will be drilled from the Deepsea Stavanger drilling facility at position 59°11'14.553"N and 1°49'3.880"E. The drilling programme for well 24/12-7 relates to the drilling…
19 October 2021
Sentinel Subsea secures funding from Alba Equity
A six-figure investment reflects Sentinel Subsea's commitment to continuous technology development. Sentinel Subsea, specialists in passive well integrity monitoring, has secured a six-figure investment from Alba Equity and Scottish Enterprise as it continues to develop its proven game-changing technology for the monitoring of subsea wells. Founded in 2018, Sentinel Subsea…
18 October 2021
Correll Group awarded first export cable pull contract by Prysmian Group
The Correll Group – Electrical Engineering Division has been awarded a contract by Prysmian Group for the pull-in of two 225 kV HVAC export cables (each about 33 km in length), to the offshore 480 MW substation platform for the Saint-Nazaire offshore wind farm. Saint-Nazaire is located off the Guérande…
18 October 2021
Prosafe: Operational and financial update Q3 2021
Operational The fleet utilisation rate in the third quarter of 2021 was 70.9 per cent (Q3 2020: 16.4 per cent). This is the highest fleet utilization rate since Q2 2019. Safe Zephyrus completed the contract for Shell at the Shearwater platform in the UK on 7 August 2021. On 17…
18 October 2021
Staatsolie signs offshore production sharing contract with Chevron
By signing the Production Sharing Contract (PSC), Staatsolie grants Chevron rights for exploration, development and production in the offshore area, while Staatsolie retains the right to a forty percent participation. For the first time in Staatsolie's history the company will participate as a partner in offshore activities with forty percent,…
18 October 2021
Ørsted and ZE PAK join forces to participate in the upcoming auction for seabed leases in the Polish part of the Baltic Sea
ZE PAK, Poland’s largest privately owned energy producer who is currently implementing a shift from coal to renewables, and Ørsted, global leader in offshore wind with 30 years of experience, have signed a letter of intent to participate in the upcoming auction for seabed leases in the Polish part of…
18 October 2021
TechnipFMC Completes Acquisition of Magma Global to Accelerate Development of Breakthrough Composite Pipe Technologies for Conventional Energy and CO2 Applications
TechnipFMC announced on October 13th 2021 that it has completed the acquisition of the outstanding shares of Magma Global (Magma), the leading provider of composite pipe technology to support the Energy Transition. TechnipFMC originally acquired an interest in Magma in 2018, combining its strong history in flexible pipe technology with Magma’s…
18 October 2021
Carnarvon Petroleum Ltd: Building on Dorado Success
Quarter Highlights: > Dorado development FEED progressed with major contracts secured. > Buffalo-10 well on schedule to start in November 2021. > Pavo-1 and Apus-1 Bedout exploration wells scheduled to commence in early 2022. > Renewable fuels bio refinery project to commence FEED shortly. Managing Directors’ comments. The Dorado liquids…
18 October 2021
Vestas creates business region for Greater Asia as next step in organisational alignment and offshore expansion
Vestas has in the last year taken strategic steps to strengthen our foundation as well as commercially and organisationally align the company to meet the demands of the future energy market. Welcoming offshore back and optimising our global organisational blueprint, including establishing a new region for Latin America, play a…
15 October 2021
Shearwater GeoServices starts 4D survey by TotalEnergies, at the Louro-Mostarda Development areas of Block 32 offshore Angola
Shearwater GeoServices Holding AS (“Shearwater”) announces the commencement of a 4D monitor survey for Total E&P Angola (“TotalEnergies”). The survey comprises a two-month Wide Azimuth Towed Streamer (WATS) 4D monitor survey in the Louro-Mostarda Development areas of Block 32. The Amazon Conqueror, equipped with the industry leading Isometrix multi-component streamer…
15 October 2021
Maersk Drilling awarded contract extension to drill world record well in Angola
TotalEnergies E&P Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022. The work on Ondjaba-1…
15 October 2021
The National Oceanography Centre and Subsea 7 launch research alliance aim to improve the scientific understanding of global oceans
The UK’s National Oceanography Centre (NOC) is partnering with Subsea 7, a global leader in the delivery of offshore projects for the energy sector, to create BORA Blue Ocean Research Alliance™. The alliance represents a significant step towards gaining a better understanding of the world’s oceans and seas for a…
15 October 2021
Subsea 7 confirms contract offshore Turkey
Subsea 7 S.A. confirmed the award of a major1 contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. The award was announced in redacted form on 29 September 2021 and the contract was recorded in the backlog of Subsea and Conventional in the third…
15 October 2021
Floating Offshore Wind, United States: TotalEnergies and Simply Blue Group Launch TotalEnergies SBE US Joint Venture
TotalEnergies, a global multi-energy company, and Simply Blue Group, a pioneer in floating offshore wind, launched a joint venture, TotalEnergies SBE US, to unlock the vast potential for floating offshore wind projects in the United States. TotalEnergies SBE US will combine TotalEnergies’ expertise in large-scale offshore projects, Simply Blue Group’s…
15 October 2021
Vestas to install V236-15.0 MW prototype turbine at Østerild in Denmark
Vestas has decided to install the V236-15 MW offshore prototype wind turbine at the Østerild National test centre for large wind turbines in Western Jutland, Denmark. The installation of the prototype turbine will take place in the second half of 2022 and its first kWh is planned for the fourth…
15 October 2021
Inaugural emissions monitoring report shows laser focus required to achieve key targets
The Oil and Gas Authority (OGA) has published its inaugural Emissions Monitoring Report, which shows the UK upstream oil and gas industry must go much further and faster in its drive to cut emissions. This new annual report is part of the OGA’s efforts to monitor, benchmark and hold the…
15 October 2021
Energinet will investigate possibilities for expanding Energiø Bornholm
The Minister of Climate, Energy and Supply gives Energinet a new order to expand the current feasibility studies at Energiø Bornholm in the Baltic Sea. Experience from other offshore wind turbine projects shows that it is appropriate to pre-study a larger area, because parts of the areas may prove to…
14 October 2021
Maersk Drilling named preferred contractor for the Greensand Danish offshore carbon storage project
In extension of its commitment to participating in Phase 2 of the Greensand offshore carbon storage project, Maersk Drilling has entered a framework agreement with the Nini Joint Venture, operated by INEOS Oil & Gas Denmark and Wintershall Dea, covering the supply of drilling rigs for the project offshore Denmark.…
14 October 2021
Stena Drilling advances digital transformation with smartchainservices blockchain technology partnership
Stena Drilling, an independent drilling contractor, announces it has acquired a minority stake in and formed a three-year technology partnership with SmartChainServices(SCS), a Cambridge-based (UK) blockchain technology start-up. The announcement follows a six-month proof of value project, where Stena Drilling applied the power of SCS’ ClearDapp™, a blockchain and smart…
14 October 2021
Cognite signs new agreement with bp to provide single consolidated data layer for bp’s well operations
Cognite, a leader in industrial innovation announced today that it has signed a multi-year agreement with bp (NYSE: BP) to use Cognite's industrial dataops solution Cognite Data Fusion™ to empower its engineers and domain experts with better access to contextualized data in order to increase efficiency and sustainability of well…
14 October 2021
Aquadrill Announces Contract Award for the Capella
Aquadrill LLC ("Aquadrill” or the “Company") and a subsidiary of Vantage Holdings International (the “Manager”) have reached an agreement to provide the Capella, an MPD outfitted 6th generation drillship, for a two well contract plus two priced optional wells for operations in Indonesia. The rig will be contracted to Premier…
14 October 2021
Jan De Nul signs T&I contract for Gode Wind 3 & Borkum Riffgrund 3
Ørsted Wind Power S/A and Jan De Nul Group announce the signing of the final contract for the transport and installation of 107 monopile foundations and one offshore substation topside at Gode Wind 3 and Borkum Riffgrund 3 Offshore Wind Farm. The transport and installation will start in 2023 and…
14 October 2021
Aibel wins electrification project at Kårstø
Aibel has been awarded a FEED (Front-End Engineering and Design) contract by Equinor, on behalf of operator Gassco and owner Gassled, for the Kårstø Electrification Project (KELP).A partial electrification of the Kårstø plant is planned, and Aibel will carry out a pre-project including detail planning of a comprehensive redevelopment and…
14 October 2021
Occidental Announces Sale of Ghana Assets for $750 Million
Occidental announced it has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million), prior to closing adjustments to reflect an April 1, 2021 effective date. The sale to Kosmos closed upon signing and…
14 October 2021
Aker Solutions, DeepOcean and Solstad Offshore Create Offshore Renewables Alliance
International offshore energy suppliers Aker Solutions, DeepOcean and Solstad Offshore have joined forces to create Windstaller Alliance. The new partnership aims to provide the world’s most cost-efficient and complete product supply, fabrication and marine services offering within offshore wind. The alliance will also pursue other offshore renewables segments. Windstaller Alliance…
13 October 2021
Gas storage project gets green light amidst energy crisis
A gas storage project, located off the coast of Northern Ireland, has been awarded a Marine Construction Licence, giving it the green light to proceed towards construction. Islandmagee Energy’s gas storage project will initially unlock seven much needed gas storage caverns. Once constructed and fully operational, these gas caverns will…
13 October 2021
Oil & Gas discovery in the Barents Sea
Vår Energi confirms discovery of oil and gas in the Rødhette exploration well in the Goliat area in the Southern Barents Sea. The exploration well proved successful with the latest preliminary estimates showing volumes between 9-12 million barrels of recoverable oil equivalents. The discovery is significant for the area says…
13 October 2021
Minor oil and gas discovery near the 7122/6-1 (Tornerose) discovery in the Barents Sea – 7122/6-3 S
Vår Energi AS, operator of production licence 901, has concluded the drilling of wildcat well 7122/6-3 S. The well was drilled about 10 kilometres south of the 7122/6-1 (Tornerose) discovery in the Barents Sea and 100 kilometres northwest of Hammerfest. The objective of the well was to prove oil and…
13 October 2021
OKEA decides to halt further development of Vette discovery due to insufficient financial robustness
OKEA, as operator of the Vette licence (40% Working Interest (WI)), has decided to propose to the licence partners not to develop the Vette discovery further, due to the project’s insufficient financial robustness. OKEA took over operatorship of the licence earlier this year and has been maturing the discovery towards…
13 October 2021
Profitable project portfolio
Equinor is the operator of 20 projects under development in Norway. This is a solid and profitable portfolio, creating ripple effects and value all over the country, in spite of challenges related to Covid-19 for the entire industry. In the national budget published today, the Ministry of Petroleum and Energy…
13 October 2021
4Subsea Secures Service Agreement to Monitor Steel Catenary Risers on Bacalhau Field in Brazil
4Subsea has been awarded a service agreement to monitor steel catenary risers on the FPSOs on the Bacalhau field in Brazil. The service is delivered using 4insight® Subsea Asset Integrity which combines advanced strain and motion sensors to measure vessel motions and riser load with algorithms to calculate riser pressure…
13 October 2021
Wood to support Beach Energy’s Trefoil Development Opportunity
Wood, the global consulting and engineering company, has secured two Front End Engineering and Design (FEED) contracts to support Beach Energy’s Trefoil field development opportunity in the Bass Basin. The potential Trefoil Project is a subsea development at the Trefoil field, with a tie-back to the Yolla Platform. Wood will…
13 October 2021
Tenaris and Sandvik Materials Technology extend long-standing alliance with renewal of five-year agreement
Tenaris and longtime business partner Sandvik are extending their nearly 20-year alliance with the signing of a new five-year agreement for the supply of OCTG with premium connections and specialty steel alloys, including CRAs, to serve the oil and gas market. The renewed agreement combines Sandvik’s expertise in material technology…
13 October 2021
Scottish Cluster set to support Thames Estuary decarbonisation by shipping CO2 emissions through Peterhead Port
The Acorn Project which provides the backbone CO2 transport and storage infrastructure for the Scottish Cluster, has signed a Memorandum of Understanding (“MoU”) with Project Cavendish (a collaboration between Arup, VPI, National Grid Ventures, Shell, SSE Thermal and Uniper). Project Cavendish aims to establish a 700MW low carbon hydrogen production…
12 October 2021
TechnipFMC Awarded Substantial Long-term Contract by Petrobras
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a substantial(1) long-term charter and services contract by Petrobras (NYSE: PBR) for the pipelay support vessel Coral do Atlântico. The Brazilian-registered vessel has been secured on a three-year contract, with an option to extend. Operations offshore Brazil are expected to begin in…
12 October 2021
OGA grants carbon storage licence to Harbour Energy
The Oil and Gas Authority (OGA) has awarded a carbon dioxide (CO2) appraisal and storage licence (CS licence) to Harbour Energy, boosting the drive to reach net zero greenhouse gas emissions by 2050. The licence will cover an area in the southern North Sea off the coast of Immingham in…
12 October 2021
Major milestone as first jacket installed
The first turbine jacket foundation has been installed at Seagreen – Scotland’s largest and the world’s deepest, fixed bottom offshore wind farm. The first jacket being installed at the Seagreen Offshore Wind Farm.The first jacket being installed at the Seagreen Offshore Wind Farm. Two jackets operated by main contractor Seaway…
12 October 2021
Saipem Selects Fugro's Inclinocam® For Precise Pile Postioning contract offshore Senegal
Fugro has been awarded by Saipem a monitoring contract to support the construction of a liquid natural gas (LNG) jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania. Beginning in December, Fugro will deploy their InclinoCam® vision technology to install more than 190 piles with centimetre precision over a period…
12 October 2021
TotalEnergies and Qnergy deploy an innovative technology to reduce methane emissions on the Barnett field
As part of its effort for continuous progress and sustainable development, TotalEnergies announces deployment of an innovative technology developed by Qnergy, to significantly reduce methane emissions related to its operations on the Barnett gas field in the United States. An innovative and efficient technology The solution proposed by Qnergy uses…