Search News
Latest News
9 April 2021
Nordex SE: Nordex Group wins 187 MW order in Turkey
The Nordex Group is further enlarging its footprint in Turkey: end of March, the Caba Grup ordered 39 N133/4800 turbines form the Delta4000 series for the second construction phase of the “Istanbul” wind farm. The order also includes a Premium Service contract for the turbines covering a period of 15…
9 April 2021
Nel ASA: Enters into framework agreement with Wood
Nel ASA (Nel, OSE:NEL) has entered into a framework agreement with the global consulting and engineering company Wood (LSE: JOHN). The companies will collaborate to develop and execute large scale, complex green renewable hydrogen projects in select regions across the world. "We are very excited to be entering into this…
9 April 2021
Emperor Energy purchases recently acquired Judith Gas Field 3D Seismic Data from Global Seismic Company CGG
Emperor Energy is pleased to advise that it has completed a commercial agreement with global seismic company CGG for the purchase of a license to access newly acquired 3D seismic data covering the Judith Gas Field and Greater Judith Structure. This new seismic data was acquired by CGG during 2020…
9 April 2021
CO2 barge-push tug combination ready for realization after approval in principle
Carbon Collectors has received an approval in principle from Bureau Veritas for the CO2 barge-push tug combination including the offshore single point mooring system. This significant milestone indicates that the concept of CO2 transport and storage meets all international rules and regulations and is ready to be realized in practice…
8 April 2021
Ithaca Energy announces Captain Field EOR Stage 2 Sanction
Ithaca Energy, operator of the Captain field, is pleased to announce sanction of the Captain Enhanced Oil Recovery (EOR) Stage 2 project in the UK Central North Sea after receiving Field Development Plan Addendum consent from the Oil and Gas Authority (OGA). EOR Stage 2 is the next phase of…
8 April 2021
Chevron and Hokkaido Gas Co., Ltd. Sign LNG Agreement
Chevron Corporation announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (“CUSA”) has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to the Hokkaido area. Under the agreement, CUSA will supply Hokkaido…
8 April 2021
Archer Wireline secures five-year frame agreement with ConocoPhillips Skandinavia AS
Archer AS, a subsidiary of Archer Limited, has secured a long-term frame agreement with ConocoPhillips for the provision of wireline services on the Norwegian Continental Shelf, making Archer the largest mechanical intervention company on the Norwegian Continental Shelf with an estimated total contract back-log of NOK 3.5 billion. The contract…
8 April 2021
Awarded OBN survey in Gulf of Mexico
Magseis Fairfield has been awarded an Ocean Bottom Node survey in the Gulf of Mexico for a Multi-Client company. The duration of the survey is approximately four (4) months and will be executed in 2021 using our ZXPLR deepwater ocean bottom node technology. “This project is yet another confirmation that…
8 April 2021
Halliburton and Optime Subsea Form Global Alliance
Halliburton Company (NYSE: HAL) and Optime Subsea announced they formed a global strategic alliance to apply Optime’s innovative Remotely Operated Controls System (ROCS) to Halliburton’s completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optime’s Subsea Controls and Intervention Light System…
8 April 2021
Ørsted brings in Norges Bank Investment Management as a partner in Borssele 1 & 2
Ørsted has signed an agreement with Norges Bank Investment Management (NBIM), who will be acquiring a 50 % ownership share of Ørsted's 752 MW Borssele 1 & 2 Offshore Wind Farm, which was commissioned in the fourth quarter of 2020 and generates green power to the equivalent of one million…
8 April 2021
Poland awards Contract for Difference to the Baltica offshore wind farms
The Polish Energy Regulatory Office has awarded a Contract for Difference to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. Baltica 3 and 2 will contribute significantly to Poland’s green energy transition, accelerate the development of the local supply chain…
8 April 2021
SSE Thermal and Equinor join forces on plans for first-of-a-kind hydrogen and carbon capture projects in the Humber
Equinor and SSE Thermal have today unveiled plans to jointly develop two first-of-a-kind, low-carbon power stations in the UK’s Humber region, comprising one of the UK’s first power stations with carbon capture and storage (CCS) technology, and the world’s first 100% hydrogen-fuelled power station. The plans, underpinned by a new…
7 April 2021
Hurricane Energy plc ("Hurricane" or the "Company”) Competent Person’s Report on West of Shetland Assets & Stakeholder Engagement Update
Hurricane Energy plc, the UK based oil and gas company, announces that a summary of a Competent Person’s Report (“CPR”) on the Company’s West of Shetland assets by ERC Equipoise Ltd (“ERCE”) has been published on the Company’s website at:The full CPR will be published on the Company’s website in due…
7 April 2021
Al Gihaz Holding (KSA) Completes Investment in Enshore Subsea (UK)
Al Gihaz Contracting, part of Al Gihaz Holding has today announced its acquisition of assets, Intellectual Property and the management systems of Enshore Subsea Ltd, a leading UK based subsea trenching company, providing seabed intervention services to mega-projects across industry around the world. The acquisition will see the creation of…
7 April 2021
Wood extends long-standing relationship with TAQA in UK North Sea
Wood, the global consulting and engineering company, will build upon its 12-year relationship with TAQA following the award of a new contract to provide integrated facility services across the company’s North Sea assets. With the award of a five-year Integrated Facilities Services agreement, Wood will focus on supporting TAQA’s operations…
7 April 2021
New service agreements for electrical equipment at offshore and onshore facilities in Norway
ABB AS and Siemens Energy AS are awarded framework agreements for providing service of electrical equipment on all Equinor’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. The total value of the agreements with options is estimated at around NOK 4.5 billion. The scope is expected…
7 April 2021
Maersk Drilling awarded four-well drillship contract with Shell in Malaysia
Maersk Drilling has secured a contract with Shell Malaysia for the 7th generation drillship Maersk Viking to drill four development wells at the Gumusut-Kakap project offshore Malaysia. The contract is expected to commence in December 2021, with an estimated duration of 150 days. The firm contract value is approximately USD…
7 April 2021
Eni announces a new light oil discovery in Block 15/06, offshore Angola, through “ILX” exploration strategy
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Cuica exploration prospect located inside the Cabaça Development Area and close to the Armada Olombendo FPSO (East Hub) pursuing the exploration opportunities in proximity of existing infrastructures (ILX,…
7 April 2021
Finder adds North Sea acreage
Finder Energy is pleased to announce that it has been awarded a 100% interest in the P2528 Licence in the 32nd UK Offshore Licensing Round. P2528 is located on the southern edge of the South Halibut Basin, Central North Sea and covers an area of 454 square kilometres and is…
7 April 2021
Qatar petroleum to become 100% owner of Qatargas from 1st January 2022
Qatar Petroleum has announced it will not be renewing the Qatar liquefied Natural Gas Company Limited joint venture upon the expiry of the relevant agreements on December 31st 2021. Qatar petroleum as a result will be sole owners of Qatargas from 1st January 2022.More.
6 April 2021
Cwind Completes Campaign At Vattenfall's Danish Krigers Flak Offshore Wind Farm
CWind, a leading provider of project services, Crew Transfer Vessels (CTVs) and GWO-accredited training courses to the offshore wind industry, and part of the Global Marine Group, has completed their cable pull-in and termination and testing campaign at Vattenfall’s Danish Kriegers Flak Offshore Wind Farm. Spanning a period of just…
6 April 2021
Final Offshore Geotechnical Campaign for Moray West Offshore Wind Farm as Team Grows
Moray West, an 860MW offshore wind farm in the outer Moray Firth, has completed the final geotechnical survey campaign to inform detailed design of the wind turbine and offshore substation foundations. Surveys for unexploded ordnance cleared the way for specialist marine survey company Fugro GB Marine Limited to complete the…
6 April 2021
VARD wins North Star Renewables contract for three SOVs to operate on Dogger Bank Wind Farm
VARD, one of the world’s major designers and shipbuilders of specialized vessels, is pleased to announce that it has secured contracts for the design and construction of three Service Operation Vessels (SOVs) for North Star Renewables in Scotland. The state-of-the-art hybrid trio will operate on the Dogger Bank Wind Farm…
6 April 2021
Ocean Winds interested in investigating Ireland’s offshore wind resource
Ocean Winds is evaluating the expansion of its global offshore wind portfolio (1.5GW in construction and 4GW in development) to include Ireland. Ocean Winds has established Cailleach Offshore Wind Farm Ltd, a project delivery company which has submitted a Foreshore Application Licence Application to undertake site investigations for the potential…
6 April 2021
OMV awards new contract
THREE60 Energy has been awarded a new framework agreement with OMV, the international oil, gas and chemicals company. The agreement, which is in place for five years with options for extension, covers a wide range of services including well management, field development, consultancy and wellsite geology, which will be delivered…
6 April 2021
Well-Safe completes the Well-Safe Protector’s intake ahead of schedule, with zero injuries and no COVID cases.
Since purchasing the Well-Safe Protector in September of 2020, the team and partners have been working extremely hard to achieve the milestones set out as part of ambitious rig readiness and onboarding programs. Following an intense shipyard stay in Norway, under ever-tightening COVID protocols, and a December cross-North Sea rig…
6 April 2021
Successful completion of the first ever submarine interconnection between the island of Crete and mainland Greece
Prysmian Group and Independent Power Transmission Operator (IPTO) announce the successful completion of the submarine interconnection between the island of Crete and the Peloponnese peninsula, a record-breaking project in terms of length, depth and innovative HVAC cable technology. Prysmian Group designed, supplied, and installed an HVAC (High Voltage Alternating Current)…
6 April 2021
Start of multi-well drilling campaign in Ghana
Tullow Oil plc (Tullow) is pleased to announce the start of a multi-year, multi-well drilling campaign offshore Ghana with the commencement of drilling of the first well at the Jubilee Field yesterday. As previously announced, the Maersk Venturer, which has been contracted for four years, is expected to drill four…
6 April 2021
TGS Announces Delivery of Facies Map Browser v.4.6.0 in North West Europe
TGS, a global provider of energy data and intelligence, announced the release of the North West Europe Facies Map Browser (FMB) 4.6.0. The industry supported FMB continues to provide operators a cost-efficient off-the-shelf interpretation tool, which coupled with TGS’ extensive seismic library provides critical insights that support both conventional oil…
6 April 2021
Malaysia And Brunei Formalise Unitisation Agreement For Gumusut-Kakap And Geronggong-Jagus East Offshore Fields
Malaysia, through its national oil company PETRONAS, today formalised a Unitisation Agreement (UA) with the Government of Brunei Darussalam for the Gumusut-Kakap and Geronggong-Jagus East fields which straddle along the Malaysian-Brunei maritime boundary. The formalised UA firmly attests the continuing collaboration between Malaysia and Brunei and establishes the platform for…
5 April 2021
TechnipFMC and Bombora Form Strategic Partnership to Develop a Floating Wave and Wind Power Project
TechnipFMC (NYSE: FTI) (PARIS: FTI), a global leader in the energy industry, and Bombora, a leading wave energy technology company, have formed a strategic partnership to develop a floating wave and wind power project in support of a more sustainable future. The relationship brings together TechnipFMC’s unique technologies and experience…
5 April 2021
PETRONAS' Upstream Operations in Myanmar Declares Force Majeure On Its Yetagun Field
PC Myanmar (Hong Kong) Limited (PCML), a subsidiary of PETRONAS, has declared Force Majeure (FM) on its Yetagun field on 1 April 2021 due to depletion of gas production at the field, located in the Andaman Sea, offshore Myanmar, in Blocks M12, M13 and M14. The decision was made following…
5 April 2021
Lukoil Proposal Not Proceeding
FAR Limited (ASX: FAR) refers to previous announcements, including its 17 February 2021 announcement that it had received a conditional non-binding indicative proposal from PJSC Lukoil to acquire the shares of FAR at 2.2c cash per share (Lukoil Proposal). FAR had cautioned that the Lukoil Proposal was not a legally…
5 April 2021
Wood appointed owner’s engineer on Europe’s largest single-site onshore wind farm
Wood has been appointed by Luxcara GmbH as owner’s engineer on its Önusberget wind farm development, located in Sweden’s Norrbotten County, near the town of Piteå. Upon completion, the 753MW project is set to become Europe’s largest wind farm. The development will play a substantial role in supporting Sweden’s goal…
5 April 2021
Tailwind Energy Ltd to acquire Decipher Energy Limited
Tailwind Energy Ltd (‘Tailwind’) is pleased to announce the acquisition of Decipher Energy Limited.This acquisition will allow Tailwind to continue to deploy its strategy of exploiting organic production and near-term reserves growth opportunities whilst building out the Tailwind portfolio. The transaction is subject to statutory regulatory and government approvals.
5 April 2021
Vineyard Wind Selects DEME Offshore US for Wind Turbine Installation
Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and Copenhagen Infrastructure Partners (CIP), today announced that DEME Offshore US LLC will serve as its contractor for the offshore transport and installation of the wind turbine generators for its Vineyard Wind 1 project, the…
5 April 2021
Van Oord wins contract for Sofia Offshore Wind Farm
Following the announcement that RWE has reached a financial investment decision for Sofia Offshore Wind Farm, Van Oord is pleased to confirm that it has been contracted for the engineering, procurement, construction and installation (EPCI) of the monopile foundations and array cables for this project. The 1.4 GW Sofia Offshore…
5 April 2021
HydraWell secures new contract with PSE Kinsale Energy
Hydrawell are delighted to announce, we have been awarded a multi-year contract by PSE Kinsale Energy to support a major decommissioning project in Ireland. The significant contract furthers positions Hyrdawell's as Innovators and leaders in the field of sustainable well integrity solutions and boosts the company’s ongoing commitment to reducing…
2 April 2021
Ørsted to develop one of the world’s largest renewable hydrogen plants to be linked to industrial demand in the Netherlands and Belgium
'SeaH2Land' is an ambitious vision, linking GW-scale electrolysis to the large industrial demand in the Dutch-Flemish North Sea Port cluster through an envisaged regional cross-border pipeline. The green electricity required to produce the renewable hydrogen is proposed to come from the build-out of additional large-scale offshore wind. The major industrial…
2 April 2021
Buffalo advancing to drilling
Carnarvon Petroleum Limited (“Carnarvon”) (ASX:CVN) is pleased to update shareholders on the farm out of the Buffalo project to Advance Energy plc (‘’Advance Energy’’) and the Buffalo-10 well. Advance Energy has, subject to shareholder approval, successfully raised the capital to acquire a 50% interest in the Buffalo project. In return…
2 April 2021
Neptune Energy completes acquisition of interests in German oil & gas fields
Neptune Energy today announced it has completed the acquisition of interests in several oil and gas fields in Emsland and the Grafschaft Bentheim region of Germany from Wintershall Dea. The agreement will increase Neptune’s existing interests in the Adorf, Apeldorn and Ringe gas fields and in the Adorf-Scheerhorn, Georgsdorf and…
2 April 2021
CGG Awarded Three Imaging Projects by BP
CGG has been awarded three major seismic imaging projects by BP, two from the deepwater Gulf of Mexico and one from offshore Trinidad & Tobago. These projects will start in Q1/Q2 this year and complete with cloud delivery of the data no later than Q4 of 2021. Utilizing CGG Cloud…
2 April 2021
Saipem and Hyperion Systems Engineering launch the newco SAIPEM-HYPERION Eastmed Engineering Ltd
Saipem and Hyperion Systems Engineering join forces to create Saipem-Hyperion Eastmed Engineering Ltd, a jointly controlled company based in Cyprus. The new company will provide highly specialized consultancy and engineering services for energy and infrastructure industries in the Eastern Mediterranean region. It will support clients to boost their business and…
2 April 2021
Sofia’s giant leap: Siemens Gamesa selected to deliver 100 flagship 14 MW turbines
Firm order awarded for delivery of 100 SG 14-222 DD offshore wind turbines from RWE for 1.4 GW Sofia offshore wind power project First firm order of the company’s flagship offshore turbine The project is the company’s furthest from shore project to date, 195 km from England’s north east coast …
2 April 2021
Ampelmann secures eight new projects across four different market segments in APAC
Ampelmann, the Dutch offshore access provider, has secured five contracts covering eight projects in the Asia Pacific (APAC) region. All contracts were signed in Q1 of 2021 and consist of operations in different offshore segments and in several countries, with various Ampelmann systems to be used. One of the milestones…
2 April 2021
Aker BP – consent for change of use of emergency response and rescue vessel
The Petroleum Safety Authority Norway has given Aker BP consent for a change of use of the emergency response and rescue vessel on the Ula field. Stril Mariner currently operates as an emergency response and rescue vessel for Ula and Tambar, undertaking both emergency response and operational tasks. Aker BP…
1 April 2021
JLS upend systems installed
Allseas are equipping Pioneering Spirit with a second unique lift system capable of removing and installing complete offshore jackets weighing up to 20,000 t in one go. After several months of installation works, the sheer size of the “Jacket lift system” (JLS) is becoming apparent! Recent activities have focused on…
1 April 2021
ION finalizes plans to acquire second phase of North Sea 3D multi-client program
ION Geophysical Corporation (NYSE: IO) today announced that the Company has now finalized plans to launch the second phase of its North Sea 3D multi-client program, following on from Phase 1, which commenced in August 2020. The field data for this latest addition will be collected from approximately late April…
1 April 2021
Fugro Reaches Agreement On Divestment Of Seabed Geosolutions
Fugro has reached a binding agreement with PXGEO Seismic Services Limited (PXGEO) to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for USD 16 million (approximately EUR 14 million) in cash. The transaction is expected to be completed mid-2021. The divestment includes Seabed’s ocean bottom…
1 April 2021
KrisEnergy completes farm-out agreement for Vietnam Block 115/09
KrisEnergy Ltd. (“KrisEnergy” or the “Company”, and together with its subsidiaries, the “Group”), an upstream oil and gas company, refers to its announcements dated 14 February 2020, 19 June 2020, 16 September 2020, 16 December 2020 and 23 March 2021 in relation to the entry by its wholly-owned subsidiary, KrisEnergy…