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13 May 2021
Shell Announces Deep-Water Discovery in the U.S. Gulf of Mexico
Shell Offshore Inc. (“Shell”), a subsidiary of Royal Dutch Shell plc, today announced a significant discovery at the Leopard prospect in the deep-water U.S. Gulf of Mexico (GoM). The Leopard well encountered more than 600 feet (183 meters) net oil pay at multiple levels. Evaluation is ongoing to further define…
13 May 2021
Horisont Signs Memorandum of Understanding with TGS for CCS Collaboration
Horisont Energi announced that it signed a Memorandum of Understanding (MOU) with TGS, a global provider of energy data and intelligence, to jointly develop new Carbon Capture and Storage (CCS) technologies. The MOU between the companies signifies a unique collaborative effort to identify and develop efficient methods for both the…
13 May 2021
TGS Commences Acquisition of Pelotas 2D Multi-client Phase 3 Offshore Brazil
TGS, a global provider of energy data and intelligence, today announced that it has commenced acquisition of Pelotas 2D multi-client phase 3 offshore Brazil.The survey located in the Pelotas Basin covers approximately 17,000 line kilometers and works as an extension of the existing TGS Pelotas 2D. This survey is designed…
13 May 2021
SSE Thermal And Equinor Join Forces On Peterhead CCS Power Station Project
SSE Thermal and Equinor have unveiled plans to jointly develop a new low-carbon power station at Peterhead, which could become one of the UK’s first power stations equipped with carbon capture technology. Peterhead CCS Power Station is planned to be a new 900MW gas-fired power station fitted with carbon capture…
13 May 2021
SDLP – Seadrill Partners Announces Contract Award for the West Capella
Seadrill Partners LLC (OTC:SDLPQ) ("Seadrill Partners") has secured a four well contract plus an option for up to seven additional wells for the West Capella in Malaysia. Total Contract Value for the firm portion of the contract is expected to be approximately $43 million with commencement expected in May 2021…
13 May 2021
Argeo AS: Orders a second SeaRaptor 6000 newbuild AUV from Teledyne Gavia
Argeo has ordered its second and identical newbuild SeaRaptor 6000 Autonomous Underwater Vehicle “AUV” from Teledyne Gavia with delivery taking place early Q4 2021.The delivery includes several ancillary system components, software and crew training is an identical system to the first allowing the two systems to work in parallel for…
13 May 2021
Manor Renewable Energy secures new Survey Vessel
Manor Renewable Energy (MRE) is pleased to announce the purchase of the Isambard Brunel, which will join the fleet as the company’s new survey vessel. This follows the announcement of the launch of MRE’s new survey department, offering hydrographic and geophysical survey services. Following the first charter for MRE, the…
12 May 2021
Shearwater GeoServices awarded large 3D and 4D programs by Petrobras
Shearwater GeoServices Holding AS (“Shearwater”) announced the award of a 4D monitoring contract for towed streamer seismic acquisition in the Campos Basin offshore Brazil. These 3D and 4D programs will be conducted over 9-months by the SW Empress, over the Marlim, Albacora, and Voador fields, starting in late Q2 2021.…
12 May 2021
BHP selects McDermott to design Trion Floating Production Unit
BHP today confirmed that McDermott, Inc. (McDermott) has been awarded the Floating Production Unit (FPU) FEED design contract for the Trion development in the deep-water Gulf of Mexico offshore Mexico.Matthew Ridolfi, Vice President Projects Petroleum, said: “The awarding of the FPU FEED contract is an exciting milestone for the development.…
12 May 2021
Biden-Harris Administration Approves First Major Offshore Wind Project in U.S. Waters
Secretary of the Interior Deb Haaland and Secretary of Commerce Gina Raimondo announced approval of the construction and operation of the Vineyard Wind project — the first large-scale, offshore wind project in the United States. The Secretaries were joined in the announcement by labor leaders who have been working to…
12 May 2021
bp and EnBW launch ScotWind supplier portal to support offshore wind growth
bp and EnBW today launched a bespoke online portal for the Scottish engineering and supply sector, as the companies aim to expand their partnership’s offshore wind portfolio by taking part in the upcoming ScotWind leasing round. The supply chain portal, www.bp-EnBW.com/Scotwind, will act as a central hub advertising all current…
12 May 2021
TGS Acquires 4C Offshore Ltd.
TGS-NOPEC Geophysical Company ASA ("TGS"), a global provider of energy data and intelligence, announced today that it has acquired 4C Offshore Ltd. ("4C Offshore"), a leading market intelligence and consultancy firm, providing research and insights to the offshore wind industry. 4C Offshore offers a broad suite of data, analytics and…
12 May 2021
Contract awards in the Atlantic Region
DOF Subsea has been awarded multiple contracts for execution in the North Sea, including a number of turnkey subsea projects within our core service lines – Inspection, Maintenance & Repair (IMR), Construction and Decommissioning.The projects combined totals more than 340 vessel days excluding options, and will be executed during 2021.Skandi…
12 May 2021
New contract in Brazil
Solstad Offshore ASA is pleased to announce that the company has signed a contract with Enauta Energia S.A (“Enauta”) for the AHTS Normand Turmalina. The vessel will be utilised by Enauta to support the “Atlanta Field” in Santos Basin, Brazil, for 18 months firm and with 2 years option thereafter.…
12 May 2021
EnQuest Operations Update
Operating performance Average net Group production in the four months to end April 2021 was 46,158 Boepd, within the Group’s full year 2021 guidance range which remains unchanged at between 46,000 and 52,000 Boepd (net) Strong production at Kraken and PM8/Seligi reflects high production efficiency at both assets and the…
11 May 2021
OGA’s new Decommissioning Strategy calls for industry change to prevent higher decommissioning costs
The Oil and Gas Authority has published its new Decommissioning Strategy stressing that the market could face higher decommissioning costs if action is not taken to improve commercial practices. The Strategy explains that there is instability in the UK decommissioning market due to fragmented ownership and fluctuations in commodity prices.…
11 May 2021
Keppel Offshore & Marine awarded US$2.3b contract to build FPSO for Petrobras
Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has secured a contract, on the basis of an international tender, from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras), for the turnkey delivery of P-78, a Floating Production, Storage and Offloading vessel (FPSO). Scheduled for completion in late…
11 May 2021
CGG Awarded Equinor OBN Imaging Contract in Brazil
CGG has been awarded a major contract by Equinor for the seismic imaging of its Bacalhau 3D ocean bottom node (OBN) survey covering 409 sq km currently being acquired in Brazil’s deepwater Santos Basin. Final products for the fully imaged dataset are expected to be delivered within ten months after…
11 May 2021
TGS Commences Acquisition on Santos 3D Multi-Client Phase 4 Offshore Brazil
TGS, a global provider of energy data and intelligence, today announced that it has commenced acquisition on Santos multi-client 3D Phase 4 survey offshore Brazil.The survey is located in the western portion of the Santos Basin and works as a northwest extension of the existing TGS Santos 3D, covering approximately…
11 May 2021
ODL – One additional well to Deepsea Atlantic
Equinor has exercised one additional well to the Deepsea Atlantic contract. The well has been exercised under the Continued Optionality mechanism in the contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement. The work shall commence after the completion of the current…
11 May 2021
Bilfinger receives € 40 million order for inspection from Total E&P Denmark
Bilfinger will carry out inspection services on the offshore facilities of Total E&P Denmark (Exploration & Production). The order worth € 40 million is booked in the Engineering & Maintenance Europe segment and will run from July 2021 for a period of five years, with the option to extend it…
11 May 2021
Valaris Limited Announces Jackup Contract Extension
Valaris Limited (NYSE: VAL) announced that it has been awarded a contract extension of approximately 240 days with Mubadala Petroleum Thailand offshore Thailand for VALARIS JU-115, a heavy-duty modern jackup. The extension is anticipated to begin in the first quarter of 2022 and, as a result, the VALARIS JU-115 is…
11 May 2021
Petrofac secures contract for bp project in Mauritania and Senegal
Petrofac has secured a contract with bp to develop operational procedures for their Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal. Centred on minimising risk and harm to personnel, plant and the environment, the procedures will encompass all offshore operations, including subsea, floating production storage and offloading (FPSO) and…
10 May 2021
Harbour Energy has submitted its environmental statement for the planned Tolmount East Subsea tie-back
Harbour Energy has submitted its environmental statement for the planned Tolmount East Subsea tie-backThe full statement can be viewed here.
10 May 2021
Shell Submits Jackdaw Environmental Assessment
Shell has submitted a environmental assessment to the authorities for it's Jackdaw project. The full assessment can be seen here.
10 May 2021
Lundin - consent for disposal of subsea facilities on the Brynhild field
Lundin has applied to the PSA for consent for the disposal of subsea facilities on the Brynhild field. The PSA have now granted the company this consent. The consent, pursuant to the Management Regulations section 25(4) e), is granted on the basis of documentation submitted in connection with the application,…
10 May 2021
Dry exploration well on the Ilder prospect (PL973) operated by Chrysaor
Reference is made to OKEA press releases of 18th February and 23rd March. Drilling operations on the Ilder exploration well 15/12-26, operated by Chrysaor Norge AS, are now being concluded. The well is characterised as a dry well and will now be plugged and abandoned. More information on the final…
10 May 2021
Gaz System Begins Laying The Baltic Pipe Offshore Gas Pipeline
Onboard the three vessels responsible for the construction of Baltic Pipe, final preparations are being made before they set sail and begin laying the gas pipeline in the Baltic Sea. Baltic Pipe is in the construction phase in the onshore and offshore part of the project. In April this year,…
10 May 2021
Contract award for Island Diligence in growing offshore wind segment
Island Offshore have secured an important contract for the walk-to-work vessel Island Diligence with DanTysk Sandbank Offshore Wind farms (operated by Vattenfall). Island Diligence will provide accommodation and transfer of technicians via the vessel’s gangway solution, to the wind turbines at DanTysk and Sandbank Offshore Wind Farms (A Joint Venture…
10 May 2021
MMA Awarded Well Decommissioning Support Scope With OMV New Zealand
MMA has been awarded a scope of work with OMV New Zealand to support the decommissioning works of several wells located in the Maui field, 35km off the coast of Taranaki, New Zealand. MMA’s UK-based engineering team have designed and developed a number of custom designed engineered connector recovery and…
10 May 2021
Axxis Geo Solutions announces agreement for sale of vessel and new charter agreement
Reference is made to the stock exchange announcement by Axxis Geo Solutions ASA ("Axxis" or the "Company") on 3 May 2021 concerning the decision by the District Court of Asker and Bærum to confirm the reconstruction proposal, which was approved by the required majority of Axxis' creditors on 29 April…
7 May 2021
Texo Awarded Multi-Million Contract From Saipem
TEXO, the leading engineering, fabrication, asset management and survey company, is delighted to announce that TEXO Engineering and Fabrication has been awarded a multi-million-pound fabrication contract from SAIPEM in support of the Neart na Gaoithe (NnG) Offshore Wind Farm renewable energy project. TEXO will fabricate temporary steel structures at two…
7 May 2021
PGNiG prepares to drill its first well in the United Arab Emirates
PGNiG starts the second stage of exploration works in Ras Al Khaimah Emirate. The company is at the stage of making design and location arrangements for the first exploration well, which will provide an answer to the question about the production potential of the licence where PGNiG operates. The project…
7 May 2021
Drilling permit for well 25/8-21 S in production licence 820 S
The Norwegian Petroleum Directorate (NPD) has granted MOL Norge AS a drilling permit for well 25/8-21 S, cf. Section 13 of the Resource Management Regulations. Well 25/8-21 S will be drilled from the Transocean Barents drilling facility in position 59°19'44.736"N and 2°20'25.103"E. The drilling programme for well 25/8-21 S relates…
7 May 2021
Big Oil could see proven reserves run out in less than 15 years as output is not replaced by discoveries
The proven oil and gas reserves of the group of major companies called “Big Oil” are falling at an alarming rate, as produced volumes are not being fully replaced with new discoveries. A Rystad Energy analysis shows that Big Oil lost 15% of its stock levels in the ground last…
7 May 2021
Vibrating instead of hammering: new research project investigates innovative installation technique for offshore foundations
RWE Renewables, itap, BioConsult SH as well as the University of Stuttgart and Technische Universität Berlin are to research innovative vibratory pile driving technique at RWE’s Kaskasi offshore wind farm Method for installing foundations has the potential for significantly reducing underwater noise emissions and installation times Research project funded by…
7 May 2021
Total and the Government of Papua New Guinea confirm the remobilization and the planning of the Papua LNG project
A meeting took place on 3rd of May between Patrick Pouyanné, Chairman and CEO of Total, and a Delegation of Papua New Guinea (PNG) led by the Deputy Prime Minister Samuel Basil, with the objective to review together the next steps for the development of the Papua LNG project. After…
7 May 2021
CNOOC Limited Announces Liuhua 29-2 Gas Field Commences Production
CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-2 gas field has commenced production. The Liuhua 29-2 gas field is located in the eastern South China Sea, 300 kilometers southeast of Hong Kong, with water depth of about 750 meters. A new subsea wellhead…
7 May 2021
Mincon and Subsea Micropiles Collaborating on Technology for Offshore Wind Industry
Prototype demonstration of subsea micropile anchor technology to go forward in collaboration with University of Limerick and University College Dublin, following award of Irish Government grant. The Irish government has awarded a €2.9-million grant in support of a new construction method for marine foundations and anchors. This new technology has…
7 May 2021
Subsea 7 S.A. Announces First Quarter 2021 Results
John Evans, Chief Executive Officer, said: In the first quarter of 2021 Subsea 7 delivered solid revenue and EBITDA growth compared with the prior year. Although it was a relatively quiet quarter for announced new orders, the Group’s backlog remains robust at $6.0 billion and tendering activity for oil and gas…
6 May 2021
Petrobras launches bidding process for new contract for the Buzios Field
Petrobras has launched a tender for contracting subsea engineering, procurement, construction and installation (EPCI) services for its Búzios 6 project, off Brazil’s southeast coast. More
6 May 2021
Collaboration breaks new ground in Taiwan: Siemens Gamesa confirmed as preferred supplier for full 1,044 MW Hai Long offshore wind projects
The strong collaboration between Siemens Gamesa Renewable Energy and customer Hai Long Offshore Wind Project (Hai Long) has been extended to 1,044 MW. Siemens Gamesa’s largest offshore agreement in Taiwan to date now covers the Hai Long 2B (232 MW) and Hai Long 3 (512 MW) projects. The preferred supplier…
6 May 2021
Equinor and Vårgrønn team up for floating wind at Utsira Nord
Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Through a collaboration agreement Equinor and Vårgrønn a Norwegian renewable energy company established by HitecVision and Eni, aim to jointly prepare and submit an application to the Norwegian…
6 May 2021
Corporate Update - Launch of Afentra Plc ("Afentra")
Afentra plc (AIM: AET), the upstream operator focused on opportunities in Africa, has been launched with a clear mandate to look at opportunities to invest in the energy transition in Africa. Spearheaded by CEO Paul McDade, the foundations have been laid with the development of a comprehensive corporate strategy and…
6 May 2021
BW Energy: Hibiscus Extension appraisal well encountered water in Gamba reservoir
BW Energy provides an update on the drilling of the Hibiscus Extension appraisal well (DHIBM-2) in the Dussafu Marin license in Gabon. The primary objective of the well was to test the northern extension of the Gamba Sandstone reservoir of the Hibiscus field, discovered in 2019. Initial findings indicate that…
6 May 2021
OKEA signs rig frame agreement with COSL Drilling Europe
OKEA ASA has awarded a four-year frame contract to COSL Drilling Europe AS for the use of COSL's energy-efficient drilling units on the Norwegian Continental Shelf (NCS). As part of the agreement, COSL Drilling Europe (COSL) will be the exclusive provider of semi-submersible drilling rigs for OKEA's NCS operations, with…
6 May 2021
Shelf Drilling Secures 10 Year Contract Extension On The High Island IX
Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) announced today that it has secured a ten-year contract extension for the High Island IX jack-up rig in direct continuation of its current contract in the Arabian Gulf. The contract dayrate allows for annual rate adjustments based on the previous…
6 May 2021
Angola: Total starts production from Zinia Phase 2, successful short-cycle development on Block 17
Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s FPSO (Floating Production, Storage and Offloading unit). The project includes the drilling of nine wells and is expected…
6 May 2021
Technip Energies Announces BlueH2 by T.ENTM – a Leading Suite of Cost-efficient, Low-carbon Hydrogen Solutions
Technip Energies (PARIS:TE) announces the launch of BlueH2 by T.ENTM, the full suite of deeply-decarbonized and affordable solutions for hydrogen production. Hydrogen is integral to the Energy Transition, and, building on its 50-year track record, Technip Energies is expanding its role into low/no-carbon energy solutions. Technip Energies’ BlueH2 by T.ENTM…
5 May 2021
Breakthrough for Equinor in Polish offshore wind
Poland’s Energy Regulatory Office (ERO) announced Equinor and Polenergia’s Bałtyk II and Bałtyk III projects were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme. The projects, with a combined potential capacity of 1440 MW, are among the first to secure offshore wind awards…