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19 August 2021
Wood captures growth linked to thriving hydrogen market
Wood has secured over 30 separate hydrogen awards in the first half of 2021 and anticipates continued growth in this space, with circa $600m worth of potential hydrogen projects coming to market in the medium term. The contract awards span green, blue and bio-hydrogen projects and further strengthen Wood’s position…
18 August 2021
Aker BP – Ærfugl – consent for use
The Petroleum Safety Authority Norway have given Aker BP consent for the facilities in phase 2 on the Ærfugl field in the Norwegian Sea.
18 August 2021
Global Energy Group and Proman to develop a renewable power to methanol plant at the Nigg Oil Terminal
Global Energy Group are delighted to announce that we have entered into an agreement with Swiss-based integrated energy company, Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (“CO2“) to be located at the Nigg Oil Terminal in the Highlands of Scotland. GEG…
18 August 2021
Valaris Announces Floater Contract Awards
Valaris Limited (NYSE: VAL) announced that it has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for drillship, VALARIS DS-10. The precise timing of the first contract is to be confirmed, but is expected…
18 August 2021
Woodside and BHP to create a global energy company
Woodside Petroleum Ltd (“Woodside”) and BHP Group (“BHP”) have entered into a merger commitment deed to combine their respective oil and gas portfolios by an all-stock merger (the “Transaction”) to create a global top 10 independent energy company by production. On completion of the Transaction, BHP’s oil and gas business…
18 August 2021
PGS Releases Additional Data to Support Niger Delta Exploration
An additional 1000 sq. km of reprocessed 3D data from OPL 248 is now available. This completes the PGS Niger Delta 2020 Reprocessing package and is well-timed for a reassessment of Nigerian offshore exploration opportunities. On Monday 16 August, Nigerian President Muhammadu Buhari signed into law the much-awaited Petroleum Industry…
18 August 2021
Jersey Oil and Gas plc ("Jersey Oil & Gas", "JOG" or the "Company") Licence Update
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to provide an update in respect of its licences P2497 Block 20/4c (Zermatt) and P2499 Block 21/2a (Glenn). Further to undertaking a comprehensive…
18 August 2021
Consortium members agree to back Greensand, carbon storage pilot project, in support of Denmark’s ambitious 70% CO2 reduction targets by 2030
INEOS Energy, Wintershall Dea and a consortium of 29 companies, research institutes and universities, have today signed an agreement to support the next phase of the Greensand pilot project to demonstrate the safe and permanent storage of CO2. The Greensand consortium will now file a grant application with the Energy…
18 August 2021
OPT Receives DOE Award Supporting Development Of Next Generation Wave Energy Converter Concept
Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon ocean energy solutions, today announced that the U.S. Department of Energy (DOE) selected the Company to further the development of a next-generation wave energy converter. "Investment by the U.S. government towards the…
17 August 2021
Accelerating Strategic Business Expansion: Sembcorp Marine Completes Two Offshore Wind Farm Substations for Ørsted Wind Power
Sembcorp Marine has successfully completed the fabrication of the Offshore Substation (OSS) and Reactive Compensation Station (RCS) (collectively, “Substations”) for Ørsted Wind Power subsidiary Optimus Wind Limited. The Substations set off on a voyage to the Hornsea Two Offshore Wind Farm from Sembcorp Marine Admiralty Yard today. Constructed at Sembcorp…
17 August 2021
Vår Energi - consent for exploration drilling in the Barents Sea
The Petroleum Safety Authority Norway has given Vår Energi consent for exploration drilling in block 7122/6 in the Barents Sea.
17 August 2021
UK government launches plan for a world-leading hydrogen economy
First-ever vision to kick start world-leading hydrogen economy set to support over 9,000 UK jobs and unlock £4 billion investment by 2030 consultation also launched to look at ways to overcome cost gap between low carbon hydrogen and fossil fuels £105 million in UK government funding provided to support polluting…
17 August 2021
OGA launches investigation into possible breach of flare consent
The Oil and Gas Authority (OGA) has today opened an investigation into a possible breach of a flare consent, contrary to the requirements of the licence. The investigation follows an Enquiry which concluded that there was sufficient initial evidence to merit a full Investigation into a potential failure to comply.…
17 August 2021
Contract award for the joint venture between DOF Subsea and Aker Solutions
The joint venture between DOF Subsea and Aker Solutions, KDS JV AS, has secured a subsea decommissioning contract for DNO at the Norwegian Continental Shelf. The contract includes engineering, preparation, removal & disposal work (EPRD) of associated subsea hardware.Project scope includes the removal and disposal of Subsea infrastructure including template,…
17 August 2021
Fugro Wins Another IRM Contract With Petrobras in Brazil
Petrobras has awarded Fugro a 3-year contract for subsea inspection, repair and maintenance (IRM) services in Brazil. The contract is set to begin in Q4 2021 and will be accomplished from the Fugro Aquarius using two Fugro-built 3000 m work-class remotely operated vehicles (ROVs). The award follows the successful completion…
17 August 2021
Magseis Renewables AS has entered into a MoU to join Greensand CCS project in Denmark
Magseis Renewables AS, a wholly owned subsidiary of Magseis Fairfield ASA, has entered into a memorandum of understanding (MoU) to join phase 2 of the Greensand carbon capture and storage (CCS) project consortium. Project Greensand aims to demonstrate that CO2 can be injected into the Nini West reservoir offshore Denmark,…
17 August 2021
EMGS: Update on framework contract for multi-client data
Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 25 June 2021 wherein the Company announced that it had entered into a framework contract with an existing customer for licensing of multi-client data from the Company's international multi-client library. EMGS is…
16 August 2021
Magseis Fairfield awarded a large, five-month OBN survey in Asia
Magseis Fairfield has been awarded a large Ocean Bottom Node survey in Asia for an undisclosed customer. The duration of the survey is approximately five (5) months and is scheduled to commence in the fourth quarter 2021. The survey will be performed using the Z700 node technology. “With this significant…
16 August 2021
Carbon Transition ASA - AGS successfully completes ROV-deployed node survey
Carbon Transition's business line Axxis Geo Solutions (AGS) has successfully completed the ROV-deployed ocean bottom node survey in the North Sea, which was announced 30 November 2020. The survey was completed on schedule and budget. Building on its previous operational experience using node on a rope technology, AGS successfully adapted…
16 August 2021
K2 Farmout
Summit Exploration and Production Limited (Summit) announces the farmout of UK Central North Sea Licence P.2382 (Block 22/14c) to Dana Petroleum E&P Limited (Dana). Licence P.2382 contains the K2 prospect a low-risk, gas, exploration target that is within close proximity to established infrastructure. Regulatory approvals for the farmout have already…
16 August 2021
Deltic Energy Plc ("Deltic" or 'the Company') Farm out of five Southern North Sea 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 that it has entered into a binding, conditional farm-out agreement ("the Farm Out Agreement") in relation to five of its…
16 August 2021
Ocean Infinity Acquires Geowynd
Ocean Infinity, the marine robotics company, is excited to announce that it has acquired marine geotechnics experts, Geowynd. Based in the UK and serving clients all over Europe, Geowynd’s team of geotechnical engineers provides consultancy services to aid the safe and optimal development of offshore renewable energy projects. Geowynd’s market…
16 August 2021
Eni starts production of the Cuica field in the Eastern area of Block 15/06, deep offshore Angola
Eni started production of the Cuica Field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel on 30th July 2021, just over 4 month from discovery. The Cuica field was discovered by the exploration well Cuica 1 in March 2021.…
16 August 2021
Operational figures and contract update
Reach Subsea ASA (“Reach”) releases monthly operating figures on or before the 15th day following a month end. Please find attached the company's monthly operating figures for July 2021.Reach has also entered into various contracts and call-offs under frame agreements, and now has approximately 1,550 project days (equivalent to approximately…
16 August 2021
Green Investment Group joins Vårgrønn and Agder Energi to bid for Norwegian offshore wind
Vårgrønn and Agder Energi have worked together for the initial development activity and are now announcing a broadening of the partnership as GIG, one of the world’s largest green infrastructure developers, enters the consortium. The consortium will bid for a site in the Norwegian Sørlige Nordsjø II area, comprising up…
13 August 2021
TAQA Group completes topside removal of Brae Bravo in one of the North Sea’s largest decommissioning projects
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, today announced it has completed the topside removal of the Brae Bravo platform. This marked the completion of two successful ground-breaking campaigns with HAF, the Heerema Marine Contractor…
13 August 2021
Equinor - consent for exploration drilling in the Norwegian Sea
The Petroleum Safety Authority Norway has given Equinor Energy (Equinor) consent for exploration drilling in block 6407/9 in the Norwegian Sea.
13 August 2021
Equinor - consent for exploration drilling in the North Sea
The Petroleum Safety Authority Norway has given Equinor Energy (Equinor) consent for exploration drilling in block 35/10 in the North Sea.
13 August 2021
Prosperity FPSO hull arrives in Singapore for next phase of construction
The hull for the Prosperity FPSO has arrived safely at the Keppel yard in Singapore. Now, the next phase of construction will commence, with the topside modules being integrated at the yard. Despite the various challenges posed by the ongoing global pandemic, the unit remains on schedule to be completed…
13 August 2021
Huisman to deliver installation tools for DEME's Offshore Installation Vessel Orion
Huisman, the worldwide provider of step changing technical solutions, announced the signing of a contract with DEME for the delivery of a 2,300mt Lifting Spreader and a set of adaptive Damping Tugger Winches. These tools will be installed onboard DEME’s Offshore Installation Vessel Orion. Huisman to deliver installation tools for…
13 August 2021
Aquaterra Energy pioneers renewable-powered offshore platform for DeNovo in Trinidad
Aquaterra Energy, a leader in global offshore engineering solutions, has completed the engineering design for a renewable-powered Sea Swift offshore platform by DeNovo Energy Limited. The offshore platform is part of the development activity for the Zandolie field, located in the Gulf of Paria, off the west coast of Trinidad…
13 August 2021
ESB and dCarbonX launch Kinsale Head Hydrogen Storage project
ESB and dCarbonX have today launched ‘Green Hydrogen @ Kinsale,’ an integrated project to develop large-scale storage for green hydrogen off the coast of County Cork. This project – pending licence and planning approvals – could have the potential to store up to three TWh of green hydrogen and hydrogen…
13 August 2021
TechnipFMC Announces Strategic Investment in Loke Marine Minerals to Enable the Energy Transition
TechnipFMC (NYSE: FTI) (PARIS: FTI) is joining forces with Loke Marine Minerals (Loke) to develop enabling technologies for the extraction of seabed minerals, driving the energy transition and a sustainable future. Marine minerals have been identified by the World Bank, World Economic Forum, and International Energy Agency as one of…
12 August 2021
A First For Egypt As Fugro Revolutionises EVOLUTIONISES Subsea Installation for Gupco
Fugro has revolutionised a subsea installation programme for Gulf of Suez Petroleum Company (GUPCO) with its innovative QuickVision® technology. Used for the first time in Egypt, the contactless positioning solution replaced the conventional survey sensors typically attached to subsea structures during installation. Under a contract with Dragon Oil (GUPCO), Fugro…
12 August 2021
Yme starts up again
The authorities have granted Repsol consent for a new start-up of the Yme field in the North Sea. Yme will once again be producing oil, 20 years after the last time the field was on stream. Planned start-up will be in the second half of 2021. Yme is one of…
12 August 2021
Scarborough Nearshore Environmental Approval Granted
Woodside has been granted environmental approval of the State waters (nearshore) component for the proposed Scarborough development by the Western Australian Minister for Environment Amber-Jade Sanderson. Following assessment by the Western Australian Environmental Protection Authority, on 11 August 2021 the Minister granted approval of the nearshore proposal, subject to conditions,…
12 August 2021
Lime Petroleum in 20 per cent farm-in to two North Sea licences and farm-in option to another North Sea licence
Lime Petroleum AS (“Lime”) has on 9 August 2021, signed an agreement with AkerBP ASA (“AkerBP”) to acquire 20 per cent interests in each of the licences, PL867 and PL867B respectively in the North Sea. The transfer of the interests is pending regulatory approval, which will be announced upon completion…
12 August 2021
Sapura Drilling Awards Halliburton with Offshore Well Construction Contract
Halliburton Company (NYSE: HAL) today announced that Sapura Drilling, a subsidiary of Sapura Energy, has awarded it an offshore integrated contract. Sapura, with Halliburton as its technical partner, will execute an Integrated Rig Drilling Completion (i-RDC) contract for a six well offshore well construction program. The uniquely integrated nature of…
12 August 2021
Sequoia 3D Seismic Survey to commence in T/49P
ConocoPhillips Australia, as operator of the T/49P joint venture, is to commence acquisition of approximately 2500 km2 3D seismic data using the Shearwater vessel the Geo Coral. • 3D Oil to make no financial contribution to the acquisition in accordance with the Farmout Agreement. • 3D seismic acquisition to help…
12 August 2021
Seajet Systems Inks Manufacturing Partnership With SMD For Subsea Excavation And Trenching Technology
We are delighted to announce that we have signed a manufacturing partnership with SEAJET Systems (SJS), a build to order controlled flow excavation (CFE) solutions provider. The partnership will see SMD exclusively build, test and commission the most advanced fleet of CFE equipment available in the market in its fully…
12 August 2021
Installation, validation, and operation of the world’s first subsea DAS installation offshore Gulf of Mexico
Silixa is pleased to announce the successful installation, validation, and borehole seismic acquisition from a permanently installed fiber optic Distributed Acoustic Sensing (DAS) system, Carina® Subsea 4D, on BP’s Atlantis Phase 3 subsea field development. The Atlantis Phase 3 development involves a new subsea production system with eight new wells…
11 August 2021
OGA launches investigation into possible licence breach
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 August 2021
Hod B platform safely installed
The Fixed facilities alliance, between Aker BP, Aker Solutions and ABB, has delivered yet another platform on time, with a high level of quality and with no harm to people or the environment. The topside was installed just one year and two months after the first steel cut. The 2000-tonne…
11 August 2021
CorPower completes world’s largest wave energy test-rig
CorPower has constructed the world’s largest wave energy test-rig following an intense two-year project. The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere in the world. The design, build and accreditation has been supported by key supplier ABB and accrediting body…
11 August 2021
Reach Remote project update
Reach Subsea ASA (Reach) welcomes the announcement that Sletta, Smedasundet and Karmsundet in the Haugalandet district of western Norway has been granted official status as a national test site for remote-controlled technologies and unmanned vessels by the Norwegian Coastal Administration and the Norwegian Maritime Authority. The establishment of a test…
11 August 2021
Baker Hughes to Deliver Subsea Compression Manifold for Chevron Subsea Compression Project
Baker Hughes, a global energy technology company, has been awarded a contract from Chevron Australia Pty Ltd to deliver subsea compression manifold technology for the Jansz-Io Compression (J-IC) Project. Driven by Baker Hughes’ Subsea Connect early engagement approach, Baker Hughes will provide Chevron with a subsea compression manifold structure (SCMS)…
11 August 2021
Oceaneering Awarded Survey Contract from EEPGL
Oceaneering International has been awarded a contract from Esso Exploration and Production Guyana Limited (EEPGL) to provide two surveys offshore Guyana. The contract award covers a towed and autonomous underwater vehicle (AUV) geophysical survey and a shallow geotechnical survey off the coast of Guyana. Oceaneering will use the DP-2 Cape…
11 August 2021
bp study confirms feasibility of large-scale production of green hydrogen and green ammonia using renewable energy in Australia
Study finds production of green hydrogen and ammonia using renewable energy is technically feasible at scale in Australia Findings also support bp’s conviction that West Australia is ideally positioned for green hydrogen and green ammonia production Development will require significant infrastructure investment in ports, water and electricity networks and distribution.…
11 August 2021
Management Transfer Rokan Block Runs Smoothly, Pertamina Prepares Massive 161 Well Drilling
PT Pertamina (Persero), through its subsidiary, PT Pertamina Hulu Rokan, is starting a new history by officially managing the Rokan Working Area (Blok Rokan) and has prepared massive well drilling. Pertamina is committed to maintaining production after management transfer by carrying predetermined drilling in August - December 2021 as many…
10 August 2021
First oil from the Rolvsnes field
Lundin Energy AB (Lundin Energy) announces first oil from the Extended Well Test (EWT) at the operated Rolvsnes field, the first subsea tie back development for the Edvard Grieg platform. The Rolvsnes field is located in PL338C on the southern side of the Edvard Grieg field and is a weathered…