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15 July 2021
Acorn Project Partners select Carbon Clean to deliver Acorn carbon capture plant FEED study
Carbon Clean selected to provide the carbon capture technology to the Acorn Project’s FEED study The Acorn Project is one of the most mature carbon capture and storage projects in the UK; it provides critical infrastructure to enable British and European industries to decarbonise Carbon Clean and Pale Blue Dot…
14 July 2021
bp and EnBW announce Morgan and Mona offshore wind projects in the Irish Sea, launch supplier registration portal
bp and Energie Baden-Württemberg AG (EnBW) today confirmed the names of their planned new offshore wind projects in the Irish Sea – Morgan and Mona – and launched a dedicated supplier portal for the developments. When complete, Morgan and Mona will have a combined potential generating capacity of 3GW, sufficient…
14 July 2021
Ardyne & Equinor extend technology partnership to jointly fund TITAN RS
Ardyne and Norwegian energy company Equinor, have agreed a second joint industry project (JIP) to develop a unique well decommissioning technology that will dramatically reduce the economic and environmental impacts of slot recovery and well decommissioning. Equinor and Ardyne are jointly funding the £1 million project. Ardyne will manage all…
14 July 2021
Iberdrola awards fabrication of Baltic Eagle foundations to EEW SPC and Windar
German company EEW Special Pipe Constructions GmbH (EEW SPC) will be responsible for manufacturing 50 monopiles while Spanish company Windar will be tasked with delivering the same number of transition pieces linking the foundations to the wind turbine towers Iberdrola plans to have 1.1 GW of installed capacity in the…
14 July 2021
Olympic Subsea To Deploy Vessel Insight Across Its Fleet
With its stated aim of becoming the most specialized and best-performing partner in the blue energy sector, Olympic Subsea’s fleet-wide upgrade to Kongsberg Digital’s Vessel Insight data infrastructure service will enable the company to continue the digitalization journey which began with its implementation of KDI’s Vessel Performance solution for energy…
14 July 2021
Kistos plc ("Kistos" or the "Company") Trading and Operational Update
Kistos (LSE: KIST), the low carbon intensity gas producer pursuing a strategy to acquire assets with a role in energy transition, is pleased to provide a trading and operational update. 2021 first half highlights On 20th May 2021, Kistos completed the acquisition of Tulip Oil Netherlands B.V. for €223MM (including…
14 July 2021
EDP, TechnipFMC and Partners Join Forces to Develop a Concept Study for Green Hydrogen Production from Offshore Wind Power
EDP, TechnipFMC (NYSE: FTI) (PARIS: FTI) and other research partners are joining forces to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power, called the BEHYOND project. The study will include innovative integration of equipment for the production…
14 July 2021
Baron Oil Plc ("Baron" or the "Company") Independent Resource Update for the Chuditch PSC
Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration company, is pleased to announce the results of an independent review of Prospective Resources by THREE60 Energy Asia Sdn. Bhd. ("THREE60 Energy") for the TL-SO-19-16 Production Sharing Contract, offshore Timor-Leste (the "Chuditch PSC" or the "PSC"). Key Points · Independent…
14 July 2021
Hurricane Energy plc ("Hurricane" or the "Company") Operational and Financial Update
Hurricane Energy plc, the UK based oil and gas company, provides an update on Lancaster field operations and net cash balances as of 30 June 2021. Lancaster Field Operations Update As previously announced, on 8 June 2021, the electric submersible pump ("ESP") in the P6 well tripped, which led to…
13 July 2021
Serica Energy plc (“Serica” or the “Company”) Successful Flow Test Results from Columbus Development Well
Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company with operations centred on the UK North Sea, is pleased to announce successful flow test results from the Columbus development well. The well was drilled to a measured depth of 17,600ft with a horizontal section of over…
13 July 2021
Jan De Nul signs third contract with Dogger Bank Wind Farm
Dogger Bank Wind Farm and Jan De Nul Group announce the signing of the final contract for the transport and installation of 87 GE Haliade-X 14 MW offshore wind turbines. Dogger Bank C at up to 200 km off the Yorkshire coast is the third Dogger Bank Wind Farm package…
13 July 2021
Valaris Announces Floater Contract Award
Valaris Limited (NYSE: VAL) announced that it has been awarded a 16-well contract with Woodside offshore Australia for semisubmersible, VALARIS DPS-1. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days.
13 July 2021
Vestas pre-selected tenderer for the 900 MW He Dreiht project in Germany, which will use the V236-15.0 MW turbine
Vestas has been named the pre-selected tenderer at EnBW’s 900 MW He Dreiht project to supply the offshore wind turbines, which, depending on a firm and unconditional order eventually being signed, will mark the world`s first commercial deployment of the new V236-15.0 MW offshore turbine. This means that this highly…
13 July 2021
bp Statistical Review of World Energy 2021: a dramatic impact on energy markets
The data collected in this year’s edition includes energy data for 2020 – one of the most turbulent years the world has ever seen. This year’s Review captures the dramatic impact the global pandemic had on energy markets and how the ‘year of COVID’ may help shape future global energy…
13 July 2021
Eni UK consolidates its role in the UK’s decarbonisation plan
Eni UK, as the group lead for the consortium that will develop the HyNet North West integrated project, has submitted the documentation necessary to participate in the “Cluster Sequencing for Carbon Capture Usage and Storage Deployment: Phase 1” tender process held by the UK Government. In the event of its…
13 July 2021
Deepocean Signs Agreement To Acquire Majority Stake in Adepth Minerals
DeepOcean Group (“DeepOcean”) has signed an agreement to invest in ADEPTH Minerals AS (“ADEPTH”), a company built for sustainable exploration and extraction of marine minerals. Through its investment, DeepOcean will acquire a majority stake in the company. “With this investment into a world-class team and an exciting new industry, DeepOcean…
13 July 2021
OGA interventions avoid 970,000 tonnes of lifetime CO2e emissions
The Oil and Gas Authority (OGA) has today published its Annual Report and Accounts which gives an overview of performance over the past year and expectations for the coming years. The report reveals that OGA interventions in 2021 have helped the oil and gas industry avoid producing 970,000 tonnes of…
12 July 2021
Ineos - consent for exploration drilling in the Norwegian Sea
The Petroleum Safety Authority Norway has given INEOS E&P Norge (Ineos) consent for exploration drilling in block 6306/3 in the Norwegian Sea.
12 July 2021
Aker Solutions Awarded Subsea Contract Offshore Norway
Aker Solutions has secured a substantial1 contract from Aker BP to provide a subsea production system for the Kobra East & Gekko (KEG) field development, located in the Alvheim area of the North Sea. The scope covers a complete subsea production system including four horizontal subsea trees, three manifolds, control…
12 July 2021
Subsea 7 awarded contract offshore Norway
Subsea 7 today announced the award of a sizeable(1) contract by Aker BP for the Kobra East Gekko (KEG) field development, located in the Alvheim area of the North Sea. The project involves a subsea tie-back of approximately 8 kilometres to the Alvheim FPSO, via the existing Kneler B subsea…
12 July 2021
Results from exploration well south of the Oselvar field in the North Sea – 1/3-13
OMV (Norge) AS, operator of production licence 970, has concluded the drilling of wildcat well 1/3-13. The well was drilled near the 1/3-11 (Ipswich) oil discovery from 2008, about 6 kilometres south of the Oselvar field in the southern North Sea and 300 kilometres southwest of Stavanger. The objective of…
12 July 2021
Safe Boreas contract extension
CNOOC Petroleum Europe Limited has exercised two of the three 30-day options available to them, to extend the Safe Boreas at the Buzzard platform complex in the UK sector of the North Sea until end-September 2021.
12 July 2021
Empyrean Energy PLC ("Empyrean" or the "Company") Empyrean completes £5.02 million (US$6.92m) Placement in preparation for Jade Prospect drilling in 2021
Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development company with interests in China, Indonesia and the United States, advises that it has placed 83,698,498 new ordinary shares in the Company (the "New Ordinary Shares") at a price of 6.0p per New Ordinary Share (the "Placing Price")…
12 July 2021
AGR wins Well Management contract with Western Gas in Australia
AGR have secured Well Project Management contract for an exploration well in WA-519-P, adjacent to the Equus Gas Project offshore Australia. The contract with Western Gas, which will be delivered by AGR’s Perth-based team, covers well construction, drilling engineering, procurement, supply chain, regulatory compliance requirements and operational supervision of the…
12 July 2021
Ørsted announces partnership with Falck Renewables and BlueFloat Energy to unlock floating wind potential in Scotland
Ørsted, the world leader in offshore wind, today announces a partnership with onshore wind community engagement pioneer Falck Renewables and floating wind expert BlueFloat Energy, to participate in the upcoming ScotWind leasing round. The consortium is set to apply for seabed leases in sites which lend themselves to the deployment…
9 July 2021
Pioneering Spirit swoops in with Buzzard module
Pioneering Spirit has safely delivered another payload of a busy 2021 lift campaign, the new module for CNOOC International’s Buzzard Phase II development in the North Sea’s Outer Moray Firth, east of Scotland. The 516-tonne unit was loaded on board directly from the Worley Rosenberg fabrication facility in the heart…
9 July 2021
Maersk Drilling secures extended well intervention scope for low-emission rig
Equinor Energy AS has exercised an option to add additional well intervention work to the previously agreed work scope for the low-emission jack-up rig Maersk Intrepid at the Martin Linge field offshore Norway. The added well intervention scope has a firm duration of 31 days, which means that the rig…
9 July 2021
SeaBird Exploration Plc: LOI for the Fulmar Explorer
SeaBird Exploration is pleased to announce a LOI for a source vessel contract in the Western Hemisphere with a leading operator. The operator has specifically requested the «Fulmar Explorer» for the work programme. The contract is expected to start in Q4 2021 and has an expected duration of about 4…
9 July 2021
EMGS secures multi-client late sales in Norway
Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has entered into data licensing agreements related to its existing 3D CSEM multi-client data library in the Barents Sea and Norwegian Sea. The agreements represent combined revenues of approximately USD 1.1 million.
9 July 2021
Western Gas to drill high impact Sasanof gas and condensate prospect
Western Gas, Operator of Exploration Permit WA-519-P, is scheduled to drill the Sasanof-1 exploration well offshore Western Australia in Q1 2022. The Sasanof Prospect is on trend and updip of the Mentorc Gas and Condensate Field and nearby the Giant Gas Fields of Scarborough and Io-Jansz in the Carnarvon Basin.…
9 July 2021
TotalEnergies and GHGSat Launch a New Initiative to Monitor Offshore Methane Emissions by Satellite
As part of its commitment to identify, quantify and reduce methane emissions linked to its operations, TotalEnergies is partnering with GHGSat to develop a satellite imaging technology to monitor potential methane leak occurrences at offshore facilities. This new technology, known as “Glint Mode”, annuls interference effects on data acquisition by…
9 July 2021
GC Rieber Shipping: Sale of shares in Shearwater Geoservices Holding AS
GC Rieber Shipping has agreed to sell shares in Shearwater Geoservices Holding AS (Shearwater) reducing its ownership from 17.0% to 8.5%. Gross proceeds from the sale will be USD 50.5 million. The sold shares had book value of USD 41.6 million per 31 March 2021. Following the transaction, which is…
9 July 2021
Vattenfall starts construction of offshore wind farm Hollandse Kust Zuid
The construction of the 1.5GW Hollandse Kust Zuid offshore wind farm has started. The first vessel transporting foundations to the construction site departed today. Over the next two years, the world's first subsidy-free offshore wind farm will be built off the Dutch coast. The fossil-free energy generated by the wind…
8 July 2021
Woodside completes Sangomar acquisition from FAR
Woodside Energy (Senegal) B.V. has completed the acquisition of the entire participating interest of FAR Senegal RSSD S.A. (FAR) in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture. The purchase price was US$45 million plus a working capital adjustment of approximately US$167 million to reflect the…
8 July 2021
Ocean Winds and Aker Offshore Wind Announce Partnership for Floating Offshore Wind Energy in Scotland
Two of the world’s leading offshore wind energy companies have today announced their establishment of a partnership to develop floating offshore wind generation sites in Scotland. Ocean Winds and Aker Offshore Wind have formed a new partnership for the development of offshore wind in Scotland using floating technology. Currently partnering…
8 July 2021
McDermott Awarded Contract for Bayu-Undan Gas Field
McDermott International, Ltd today announced it has been awarded a Subsea, Engineering, Procurement, Construction and Installation (EPCI) contract from Santos NA (19-12) Pty Ltd for the Bayu-Undan Infill Well Phase 3C Project, in the Timor Sea, located approximately 310 miles (500 kilometers) off the northwest coast of Darwin, Australia, and…
8 July 2021
Hod B jacket in place
The Hod B jacket is now safely installed and ready to receive the topsides later this summer. The installation was accomplished just one year after the first steel was cut in the project. The Hod field will be developed with a normally unmanned installation which will be remotely operated from…
8 July 2021
Valaris Announces Jackup Contract Award
Valaris Limited (NYSE: VAL) announced today that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a standard-duty modern jackup. The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-140 is now expected to be under contract…
8 July 2021
Eni announces a significant oil discovery in Block 4, offshore Ghana
Eni announces a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary estimates place the potential of the Eban–Akoma complex between 500 and 700 Mboe in…
8 July 2021
OHT and Subsea 7’s Renewables business unit to be combined
OHT ASA announced an agreement to combine with Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) Renewables business unit(1), subject to customary approvals, conditions and relevant employee consultations. The combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a…
8 July 2021
Contracts of 1,000 vessel days awarded
Solstad Offshore ASA is pleased to announce multiple new medium-term contracts and contract extensions. PSV Normand Leader has been contracted to support a project offshore Australia. The contract is scheduled to commence in Q3 2021 and gives utilization for the vessel throughout 2021. Charterers of PSV Normand Tortuga have declared…
7 July 2021
Decom cost estimate has fallen 23% to £46bn
Fourth year-on-year fall since cost first estimated in 2017 Knowledge-sharing and improvement culture helping to cut costs 35% cut by end-2022 possible, but more work needed The Oil and Gas Authority’s (OGA) 2021 Decommissioning Cost Estimate report reveals a fall of over £13bn from the baseline £59.7bn to £46bn, marking…
7 July 2021
TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for Tullow’s Jubilee South East Development, Ghana
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract for the Jubilee South East development, located offshore Ghana. It will be the company’s first iEPCI™ project with Tullow Ghana Ltd. Jubilee South East is an extension to the Jubilee field. The…
7 July 2021
Dry well near the Troll field in the North Sea – 31/11-1 S
Equinor Energy AS, operator of production licence 785 S, has concluded the drilling of wildcat well 31/11-1 S. The well was drilled about 55 kilometres south of the Troll field in the North Sea and 100 kilometres southwest of Bergen. The primary exploration target for the well was to prove…
7 July 2021
New contract for Stril Mar
Simon Møkster Shipping is pleased to announce that Aker BP has called-off a high spec’ed PSV under the current PSV Strategic Partnership Agreement for a drilling campaign commencing August 2021. The duration of the campaign is estimated to about 100 days. Møkster intends to use the modern PSV “Stril Mar”…
7 July 2021
Hurricane Energy plc ("Hurricane", or the "Company") Completion of Lincoln-14 well plug and abandonment operations
Hurricane Energy plc, the UK based oil and gas company, announces the completion of operations to plug and abandon the 205/26b-14 ("Lincoln-14") well on the P1368 (South) licence in the Greater Warwick Area ("GWA"), which Hurricane operates on behalf of the GWA joint venture (Hurricane 50%, Spirit Energy Resources Limited…
7 July 2021
KONGSBERG’s integrated Wind Turbine Installation Vessel technology chosen by COSCO
Kongsberg Maritime has won another important customer for its industry-leading Wind Turbine Installation Vessel (WTIV) technology, following the signing of contracts totalling EUR 49m with the Chinese shipbuilder COSCO Shipping (Qidong) Offshore. The agreement will see Kongsberg Maritime (KM) supply comprehensive technology packages for two new NG-20000X WTIVs, which COSCO…
7 July 2021
Valaris Announces Floater Contract Award
Valaris Limited (NYSE: VAL) announced today that it has been awarded a four-well contract with BP offshore Mauritania and Senegal for drillship, VALARIS DS-12. The contract is expected to commence in the first quarter of 2022 with an estimated duration of 285 days.
7 July 2021
BP starts-up landmark Shah Deniz 2 development in Azerbaijan
BP and its partners in the Shah Deniz consortium today announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey. The BP-operated $28 billion project is the first subsea development in the Caspian Sea and the largest subsea infrastructure…
6 July 2021
Aker Solutions Delivers Large Johan Sverdrup Module
Aker Solutions today delivers the 5000-ton additional module for the Johan Sverdrup riser platform. The module is a part of the field’s second development phase and is the latest in a series of large deliveries from Aker Solutions to the Johan Sverdrup field development. Aker Solutions has been one of…