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12 October 2021
Crowley Expands in Rhode Island with New Offshore Wind Services Office
Crowley Maritime Corporation and Gov. Dan McKee today announced the opening of the company’s new Rhode Island office to advance the development and operation of offshore wind energy installations. The new office for the company’s New Energy division, located at CIC Providence in the Innovation and Design District, will spearhead…
12 October 2021
Northern Lights awarding ship building contracts
As part of the first phase of its CO2 transport and storage infrastructure development, Northern Lights is building two dedicated CO2 carriers, each with a cargo size of 7,500 m3 and a length of 130m. The ships will be built by Dalian Shipbuilding Industry Co., Ltd. (DSIC) and will be…
11 October 2021
Mooring solution for the world’s first floating tidal energy array
Now these water masses will create electricity through the establishment of the world’s first floating tidal power array, the Pempa’q In-stream Tidal Energy Project. Seasystems contributes with mooring technology for the first phase being installed this autumn. The Bay of Fundy on the east coast of Canada is famous for…
11 October 2021
Launch of ARV-i at Ocean Business 21
In October, an entirely new class of underwater observation vehicle, the ARV-i, will be launched at Ocean Business 21. New Zealand-based Boxfish Research and Norwegian partner Transmark Subsea developed the autonomous underwater resident vehicle in a joint venture. A New Class of Underwater Observation Vehicle – ARV-i ARV-i offers users…
11 October 2021
Longboat Energy plc (“Longboat Energy”, “Longboat” or the “Company”) Rødhette Discovery and Spud of Mugnetind Exploration Well
Rødhette Discovery Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, nearterm, low-risk exploration assets, is pleased to announce a discovery at the Rødhette exploration well (Company 20%), the first well in its fully-funded, seven well exploration programme. The exploration well 7122/6-3 S encountered a…
11 October 2021
Orcadian Energy plc Farm-out of Carra Prospect
Orcadian Energy (AIM: ORCA), the North Sea focused oil and gas development company, is pleased to announce that the Company has entered into a non-binding Heads of Terms with Carrick Resources Limited (“Carrick”) in respect of a sub-area of Licence P2320 which covers the Carra prospect (“Carra”). Under the terms…
11 October 2021
Invitation to technical dialogue regarding the soft seabed found at the site for Hesselø Offshore Wind Farm
The Danish Energy Agency (DEA) and Energinet invite potential developers to dive into the seabed-data and to contribute with their assessment of whether Hesselø OWF is still attractive to establish within the current framework set for the project.More here.
11 October 2021
Evelyn development well completed
Tailwind is pleased to announce that the Evelyn Development well has been safely drilled, completed and tested on time and on budget. The well was managed and operated by Petrofac on behalf of Tailwind, utilising the Stena Don rig. The well successfully flowed, constrained by surface equipment, at 10,000 b/d…
11 October 2021
BlueFloat Energy and Falck Renewables are evaluating floating offshore wind farms off the Celtic Sea coast
BlueFloat Energy and Falck Renewables are exploring opportunities for developing floating offshore wind projects in the Celtic Sea off the coast of Cornwall and Wales. The two companies are already partners in potential floating offshore wind projects in Scotland, where they have submitted applications in the ScotWind leasing round, as…
11 October 2021
BW Energy: Provisional Exploration License Award Offshore Gabon
Provisional Exploration License Award Offshore Gabon BW Energy is pleased to announce that it has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon. The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalising the production sharing contracts (PSC)…
8 October 2021
Green Energy Group (Seabird Exploration Plc): 1 year Contract For Fulmar Explorer Signed
SeaBird Exploration is pleased to announce that it has entered into a firm duration 1 year contract for the Fulmar Explorer with a repeat customer. The contract will commence in November 2021. This contract replaces the letter of intent that was announced on 08 July 2021. "The Fulmar Explorer is…
8 October 2021
Dry well near the Solveig field in the North Sea – 16/4-12
Lundin Energy Norway AS, operator of production licence 981, is in the process of concluding the drilling of wildcat well 16/4-12. The well was drilled about 1 kilometre west of the Solveig field in the North Sea and 190 kilometres west of Stavanger. The well’s primary exploration target was to…
8 October 2021
Equinor - consent to exploration drilling on the Statfjord North field
The Petroleum Safety Authority Norway (PSA) has given Equinor consent to plugging, drilling and completion on Statfjord North E-4.
8 October 2021
Seaway 7 awarded WTG installation vessel supplier contract by Ørsted
Seaway 7 ASA is pleased to announce that they have been selected as a preferred contractor by Ørsted for the transport and installation of wind turbine generators for part of the Gode Wind 3 and Borkum Riffgrund 3 offshore windfarms in Germany. The installation will utilise the company’s jack-up installation…
8 October 2021
Cadeler A/S is chosen as preferred supplier by Ørsted Offshore Wind Power A/S for joint German projects
Cadeler A/S, a key supplier of marine installation and engineering services in the offshore wind industry, has been chosen as preferred Wind Turbine Generator (“WTG”) installation vessel supplier by Ørsted for the combined Gode Wind 3 & Borkum Riffgrund 3 projects. Cadeler A/S has been chosen by Ørsted as preferred…
8 October 2021
Jan-de-nul-group-has-selected-remazel-spa-for-the-delivery-of-a-set-of-cradles-a-skidding-system-and-an-upending-hinge-for-its-new-floating-installation-vessel-les-alizs-to-handle-and-install-extralarge-monopiles
Jan De Nul Group has selected Remazel S.p.A. for the delivery of a set of cradles, a skidding system and an upending hinge for its new Floating Installation Vessel Les Alizés to handle and install XXI monopiles. The design of this fully automated monopile installation system is tailor-made for Les…
8 October 2021
ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels
ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels New discovery at Cataback builds confidence in the greater Turbot area Recent discoveries further enhance the development potential of…
8 October 2021
OEG Offshore’s second acquisition in a week as Hughes Subsea Services come on board
OEG Offshore (OEG) today sealed its second acquisition in a week with the purchase of Hughes Subsea Services (Hughes), an integrated subsea service company. The deal comes after OEG’s successful debut at RenewableUK’s Global Offshore Wind event where it was announced that Lowestoft‐based Fern Communications had also been acquired by…
7 October 2021
Aker Offshore Wind Unveils Underwater Innovation For Floating Offshore Wind
Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help…
7 October 2021
UK gas production will fall 75% by 2030 without new investment, warns industry body
The global gas shortage that sent prices surging again this week is a powerful reminder of the UK’s need to maintain its own North Sea supplies, according to OGUK, which represents the nation’s offshore gas and oil industry. On Tuesday wholesale gas prices soared 37% in one day, hitting £4…
7 October 2021
COSLPromoter to drill for Statfjord subsea fields
Equinor has awarded COSL Offshore Management AS a contract to drill four wells on Statfjord Øst with the COSLPromoter rig from the spring of 2023. In addition, the rig has options for drilling five wells for Statfjord satellites afterwards. The contract value is calculated at around USD 56 million for…
7 October 2021
Valaris Announces Jackup Contract Award
Valaris Limited announced that it has been awarded a 211-day extension to its bareboat charter agreement with ARO Drilling for VALARIS JU-36 (Charles Rowan), a standard duty jackup. The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-36 will be under contract through…
7 October 2021
Expro and Frank’s Complete Merger, Creating a New Full-Cycle Energy Services Leader
Expro Group, an international energy services company with market leadership in well access and well flow optimization, today announced it has completed its previously announced merger with Frank’s International N.V, a global oil services company offering a broad range of highly engineered drilling and completions solutions and services. The combined…
7 October 2021
Eni launches the new World Energy Review
Eni has released the 20th edition of its annual energy statistics report. In order to reflect and highlight the ongoing energy transition process, the World Oil, Gas and Renewables Review becomes World Energy Review, a single document that, by tracking the main changes in the energy sector, aims to provide…
7 October 2021
CRP Subsea provide Hellenic Cables with Cable Protection Solutions for the Crete to Peloponnese Electricity Interconnection, which have been successfully installed offshore
CRP Subsea (formerly Trelleborg Offshore UK) were awarded a contract by Hellenic Cables, the cable segment of Cenergy Holdings, to supply three different types of cable ancillary products. These have now been successfully installed offshore and will protect significant cable sections along the route of the west cable for the…
7 October 2021
LS Cable & System won an order for submarine cables worth KRW200 billion from Taiwan
LS Cable & System (President & CEO Myung Roe-Hyun) won the submarine cable project in Taiwan, continuing to dominate market. LS Cable & System announced on October 6th that the company was selected as a preferred bidder for a KRW200 billion submarine cable project by CDWE (CSBC-DEME Wind Engineering), Taiwan’s…
6 October 2021
Rex subsidiary participates in Norwegian Sea exploration well
Rex International Holding Limited , a technology-driven oilexploration and production company, is pleased to announce that the operator, PGNiG UpstreamNorway AS (previously INEOS E&P Norge AS), has started drilling an exploration well in the NorwegianSea licences PL937/B on 29 September 2021. Rex’s 90 per cent subsidiary Lime Petroleum AS (“LPA”)has 15…
6 October 2021
Gas filling of the first Nord Stream 2 string started
As of October 4, the gas-in procedure for the first string of the Nord Stream 2 pipeline has started. This string will be gradually filled to build the required inventory and pressure as a prerequisite for the later technical tests. Previously, the first string of the pipeline underwent pre-commissioning activities…
6 October 2021
Nexans teams up with Parkwind to ensure the business continuity of its offshore windfarms
Nexans has won a contract with Parkwind to provide turnkey business continuity services to four of its offshore wind farms in Belgium. The Northwind, Belwind, Nobelwind and Northwester 2 farms are among the biggest in Belgium, with a combined installed capacity of 771 MW. Together, these four wind farms can…
6 October 2021
Nexans’ groundbreaking deep-water high voltage dynamic cable selected for Jansz-Io Compression project, paving the way for future offshore innovation
Nexans is awarded a significant turnkey contract to supply and install a groundbreaking deep-water high voltage dynamic cable solution for the Jansz-Io Compression (J-IC) project operated by Chevron Australia. The Jansz-Io gas field is part of the wider Chevron-operated Gorgon development, which has been operational since 2016 and delivers natural…
6 October 2021
Empyrean Energy plc Jade prospect drilling, Offshore China- Well site survey contract awarded
Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to advise that it has awarded a contract for the well site survey over the Jade prospect to China Oilfield Services Limited ("COSL") on Block 29/11,…
6 October 2021
Recycling of seven vessels
Subsidiaries of Solstad Offshore ASA has sold seven vessels for recycling. The vessels are Sea Tiger, Normand Atlantic, Normand Borg, Normand Neptun, Sea Pollock, Far Strider and Far Sovereign The vessels to be recycled are defined by Solstad as non-strategic, they are of older age and considered to be irrelevant…
6 October 2021
Xodus acquires Houston-based Ocean Geo Solutions
Energy consultancy Xodus has continued its global expansion with the acquisition of Houston-based data interpretation consultancy Ocean Geo Solutions (OGS), adding capabilities in geophysical data processing, interpretation and reporting. OGS assesses seabed and subsurface conditions for hazards ahead of deep-water drilling operations and the installation of pipelines, cables and structures,…
6 October 2021
FSO conversion project launches at drydocks world
Drydocks World Dubai, part of DP World, has begun work converting an Aframax tanker capable of carrying 700,000 barrels of oil to a Floating Storage and Offloading Unit (FSO). The extensive modification and life extension work will include the provision of a new hull coating, designed to make the FSO’s…
5 October 2021
Energinet expects increased cost for baltic pipe construction
The construction of the Danish part of the Baltic Pipe Project is expected to increase in cost to 1.1 billion euro. The increase is primarily caused by the partial suspension of construction while a new environmental permit is processed. Danish gas consumers are still set to save 270 million euro…
5 October 2021
25 years’ experience with safe and secure CO2storage
Carbon capture and storage (CCS) is a hot topic. Director General Ingrid Sølvberg recently took part in a panel discussion at the EU-Norway Energy Conference to spread the word about safe and secure storage of CO2 on the Norwegian shelf. The Norwegian Petroleum Directorate (NPD) is tasked with identifying locations…
5 October 2021
Van Oord signs contract for Subsea Rock Installation at Ormen Lange Phase 3 in Norway
Van Oord has been awarded a contract related to the Ormen Lange Field operated by A/S Norske Shell. This contract for the specialised seabed interventions services of Subsea Rock Installation (SRI) is a continuation of earlier cooperation between Shell and Van Oord on the Ormen Lange Field. The Ormen Lange…
5 October 2021
Equinor – consent for extended operation of Sygna
The Petroleum Safety Authority Norway (PSA) has given Equinor Energy AS (Equinor) consent for extended operation of the Sygna field. Consent for operation of Sygna expires on 9 March 2024. The PSA have now given consent for extended operation of the Sygna field until 10 August 2026.
5 October 2021
From installation to removal: Thialf returns to Goldeneye Field
Heerema's Thialf has safely removed Shell U.K. Limited’s Goldeneye wellhead platform after installing the structure in 2003. The operations included removing the 1280 metric ton topside and the 3019 metric ton jacket before transportation to the AF Environmental Base in Norway for recycling and reuse. Goldeneye Platform The Goldeneye platform…
5 October 2021
Equinor – consent for use of Noble Lloyd Noble
The Petroleum Safety Authority Norway (PSA) has given Equinor Energy AS (Equinor) consent to use the mobile drilling facility Noble Lloyd Noble at the Valemon field.
5 October 2021
Lamprell plc funding update
Further to the announcement on 31 August 2021, Lamprell is pleased to provide a funding update. The Group has agreed, in principle, the structure and commercial terms of a USD 45 million UAE Export Credit Agency backed revolving trade loan facility with two regional banks (the “Initial Facility”). The Initial…
5 October 2021
Baker Hughes’ Subsea Drilling Systems and Akastor’s MHWirth Complete Merger to Form HMH
The merger of Baker Hughes’ (NYSE: BKR) Subsea Drilling Systems business (SDS) and Akastor ASA’s (Oslo: AKAST) wholly-owned subsidiary, MHWirth AS (MHWirth), has been completed to form a global offshore drilling equipment company. The new company will be known as HMH (“the Company”), and as previously announced, Baker Hughes and…
4 October 2021
The UK faces a stark energy choice: Invest in its offshore industry to build energy security, jobs, and a managed green transition – or rely on other countries for its energy needs, a report has warned
The UK’s gas imports hit a record high in winter 2021 – underlining the need to manage the nation’s transition to green energy while minimising reliance on other countries, according to the annual Economic Report from OGUK, which represents the country’s oil and gas industry. It found that the UK…
4 October 2021
COSL DRILLING EUROPE signs contract with Ithaca Energy (UK) Ltd.
COSL Drilling Europe has been awarded a contract for wells operations on the Abigail Well and the Captain phase II Subsea Development in the central North Sea on the UK Continental Shelf (UKCS). COSL Drilling Europe will be utilizing its modern, 6. Generation Harsh Environment Semi-Submersible drilling unit, the COSLPioneer…
4 October 2021
Van Oord orders mega ship to install 20 MW offshore wind foundations and turbines
Van Oord has ordered a new offshore installation vessel to further strengthen its market position in offshore wind. The jack-up vessel can operate on methanol and install up to 20 MW wind turbines at sea with a very low CO2 footprint. The investment is in line with the increasing global…
4 October 2021
Trial operation underway for North Sea Link
Trial operation begins on the world's longest subsea interconnector, the North Sea Link between Norway and the United Kingdom. This means that the two countries can exchange electricity for the first time. The interconnector will contribute to the European energy transition by facilitating for more renewable energy production on both…
4 October 2021
PGS Ultima | A New Imaging Tool to Provide Better Images Faster
PGS presented a game-changing realization of several decades of industry ambition. PGS Ultima is a move away from traditional sequential processing to a simultaneous inversion combining velocity model building and least-squares imaging. With PGS Ultima, accurate models and images can be derived faster, as the simultaneous inversion resolves both using…
4 October 2021
Completion of Seaway 7 ASA transaction
Subsea 7 S.A. announced that the combination of its offshore fixed wind business with OHT ASA (Oslo Børs: OHT) has been completed on 1 October 2021. Subsequent to the combination, OHT ASA will be re-named Seaway 7 ASA. Subsea 7 Blue Space Limited, a wholly-owned indirect subsidiary of Subsea 7…
4 October 2021
Vineyard offshore wind farm project in the US goes forward
Prysmian Group, world leader in the energy and telecom cable systems industry, announces the obtainment of the Notice to Proceed for the approximately €200 million contract to supply a submarine power cable system for the Vineyard Wind 1 offshore wind farm. A milestone in the development of the offshore wind…
4 October 2021
Tracerco secures subsea inspection for life extension project of over 18 risers in the Gulf of Mexico
Tracerco, part of Johnson Matthey Plc, has been commissioned to provide asset integrity data for an operator in the Gulf of Mexico seeking to extend the life of over 18 of their risers. Under the contract, Tracerco will deploy DiscoveryTM, a subsea computed tomography (CT) scanner designed for external scanning…