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1 April 2021
Aker BP - consent for use of Island Constructor and Island Wellserver
The Petroleum Safety Authority Norway (PSA) has given Aker BP consent to use the two mobile drilling facilities Island Constructor and Island Wellserver for light well intervention on the three fields Alvheim, Skarv and Ærfugl. The consent applies to the following field/production licences until 31. December 2025.
1 April 2021
Tullow Oil ; Completion of Sale of Assets in Equatorial Guinea
Tullow Oil plc (Tullow) is pleased to announce that the sale of its assets in Equatorial Guinea to Panoro Energy ASA (Panoro) has now completed. Earlier today, Tullow received a payment of $88.8 million from Panoro. As previously disclosed, this transaction also includes contingent cash payments of up to $16…
1 April 2021
Ithaca Energy 2020 Year End Financial Results
Ithaca Energy Limited (IAECN: ISINs US46567TAA25 / USG49774AA35) (“Ithaca” or the “Company”)has announced its financial results for the twelve months ended 31 December 2020, together with the results of its independent year-end reserves assessment. The audited consolidated 2020 financial statements of the Company, related Management Discussion and Analysis, and Reserves…
1 April 2021
Harbour Energy to be admitted to trading
Harbour Energy plc is pleased to announce that, following the completion of the all-share merger of Chrysaor Holdings Ltd (Chrysaor) and Premier Oil plc (Premier), the Group’s enlarged ordinary share capital will be admitted to trading on the London Stock Exchange’s Main Market at 0800 BST today. A new global…
31 March 2021
Nexans front-runner in U.S. offshore wind: preferred supplier agreement on Empire Wind project
Nexans has signed a preferred supplier agreement (PSA) with Empire Offshore Wind LLC to electrify the future of New York State by connecting the Empire Wind offshore projects to the onshore grid. The turnkey projects cover the full design and manufacturing, as well as the laying and protection of over…
31 March 2021
Ocean Sun and MP Quantum Group have signed an agreement for development of floating solar in Greece and the Republic of Cyprus
Ocean Sun has signed an agreement with MP Quantum Group (“MP”) to develop floating solar based on Ocean Sun’s proprietary technology in Greece and the Republic of Cyprus. “We are pleased to enter this collaboration with one of the most well-reputed business families in Greece. MP has a strong team…
31 March 2021
BOEM Announces Environmental Review of Proposed Wind Energy Facility Offshore New Jersey
The Bureau of Ocean Energy Management (BOEM) announced a Notice of Intent (NOI) to prepare an Environmental Impact Statement (EIS) for the Construction and Operations Plan (COP) submitted by Ocean Wind LLC (Ocean Wind) that would allow it to construct and operate an 1,100 megawatt (MW) wind energy facility offshore…
31 March 2021
Floatel International Ltd: Contract Extension
The Company is pleased to announce that the Floatel Endurance’s contract at Equinor’s Martin Linge field has been extended to 29 June 2021. The Group has granted Equinor further options thereafter.
31 March 2021
Parkmead Group Interim Results For The Six-Month Period Ended 31st December 2020
Parkmead, the independent energy group focused on growth through gas, oil and renewable energy projects, is pleased to report its interim results for the six-month period ended 31 December 2020. Highlights Excellent progress on Platypus gas and Greater Perth Area oil projects Parkmead has agreed in principle to become operator…
31 March 2021
Injazat and Lamprell Announce Joint Venture To Accelerate Digtalisation In the Energy Sector
Injazat the UAE's leader in digital transformation and Lamprell, a leading provider of services to the international energy sector, have announced the signing of a joint venture (JV) agreement to create and market innovative digital solutions focusing predominantly on the renewables and oil & gas industries. With the initial funding…
31 March 2021
Baker Hughes Acquires Exclusive License from SRI International for Mixed Salt Process Technology for Carbon Capture
Baker Hughes (NYSE: BKR) announced it has entered into a global exclusive licensing agreement with SRI International to use SRI’s innovative Mixed-Salt Process (MSP) for CO2 capture. SRI has received support from the U.S. Department of Energy’s Office of Fossil Energy (FE) and National Energy Technology Laboratory (NETL) in developing…
31 March 2021
Robots could replace hundreds of thousands of oil and gas jobs, save billions in drilling costs by 2030
Even when the Covid-19 downturn is finally past us, operators will have to continue exploring new avenues for cost reductions to be better equipped to withstand future market declines. In a report that looked into the adoption of robotics across the petroleum industry, Rystad Energy found that existing solutions could…
30 March 2021
SMD Delivers £Multi-Million Searex Upgrade For Leading Subsea Cabling Company Prysmian
World-leading subsea robotics design and manufacturing specialists, Soil Machine Dynamics (SMD) has delivered a multi-million upgrade to the SeaRex trenching vehicle for long-standing customer, Prysmian, a world leader in cable manufacture, energy solutions and systems. The project has seen the delivery of two new state-of-the-art cassettes for the upgraded BT2100…
30 March 2021
Subsea 7 joins forces with Simply Blue in Salamander Floating Windfarm Project
Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry and Irish blue economy developer Simply Blue Energy have joined forces to develop the Salamander floating wind project, off the North East Coast of Scotland (UK). The companies have formed a joint…
30 March 2021
PGS Awarded Extended Long Offset Contract
PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt. The survey will be acquired using an Extended Long Offset (ELO) configuration with Ramform Tethys towing a wide multi-sensor GeoStreamer spread with an additional source vessel located several kilometers ahead. This will enable efficient recording of…
30 March 2021
Deltic Energy Plc ("Deltic" or "the Company") Positive Well Investment Decision on Pensacola
Deltic Energy Plc is pleased to confirm that it and Shell U.K. Limited ("Shell" or "the Operator"), its Joint Venture Partner on Licence P2252, have made a positive well investment decision to drill the high impact Pensacola Prospect on Licence P2252 in the UK Southern North Sea. Shell and Deltic…
30 March 2021
AGR to Deliver Consultancy Specialists to OMV Norge
The Contract is for five years with the option of four further years. Thomas V. Saue of AGR Consultancy Norway, said, ‘We are very pleased to further grow our relationship with OMV and support the Operator in their operations in Norway. OMV has a very exciting portfolio of activity going…
30 March 2021
Drilling permit for wells 25/8-20 S, 25/8-20 A, 25/8-20 B and 25/8-20 C in production licence 027
The Norwegian Petroleum Directorate (NPD) has granted Vår Energi AS a drilling permit for wells 25/8-20 S, 25/8-20 A, 25/8-20 B and 25/8-20 C, cf. Section 13 of the Resource Management Regulations. Wells 25/8-20 S, 25/8-20 A, 25/8-20 B and 25/8-20 C will be drilled from the Scarabeo 8 drilling…
30 March 2021
SeaBird Exploration Plc: New contract award
SeaBird Exploration Plc has signed a contract for provision of source vessel services for an OBN survey in the Eastern hemisphere. The survey has an expected duration of about 90 days and is scheduled to start in Q2 2021.
30 March 2021
Neptune Energy: appraisal well confirms significant discovery at Dugong
Neptune Energy today announced an updated volume estimate for its Dugong discovery, located in the Norwegian sector of the North Sea. The adjusted resource range is based on results from the recent successfully completed appraisal well (34/4-16 S). The main objective of the well was achieved by establishing the oil…
30 March 2021
Santos announces FID on the Barossa gas project for Darwin LNG
Santos, as operator of the Barossa joint venture, today announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project, located offshore the Northern Territory. Barossa FID also kick-starts the US$600 million investment in the Darwin LNG life extension and pipeline tie-in…
30 March 2021
PTTEP strikes another oil and gas discovery offshore Malaysia
PTT Exploration and Production Public Company Limited (PTTEP) announced a successful oil and gas discovery from the first exploration well, Sirung-1, in Block SK405B, off the coast of Sarawak, offshore Malaysia. The achievement is the latest outcome of PTTEP’s ‘Execute strategy’ which focuses on adding reserves for long-term growth. Mr.…
29 March 2021
Kongsberg Maritime To Supply A Hugin AUV System To Lighthouse SPA
Kongsberg Maritime is pleased to announce that Italian survey company Lighthouse SpA will take delivery of a HUGIN Autonomous Underwater Vehicle (AUV) system in March 2021. The HUGIN to be delivered is rated to 4,500 metres and equipped with a full geophysical survey payload, including a KONGSBERG HISAS 1032 synthetic…
29 March 2021
Noble Corporation and Pacific Drilling Announce Agreement To Combine
Noble Corporation ("Noble") and Pacific Drilling Company LLC ("Pacific Drilling") announced today that they have entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction. The definitive merger agreement was unanimously approved by each company's Board of Directors. The transaction has also been…
29 March 2021
Shelf Drilling Secures Contract Extension On The Trident 16 Jack-up Rig In Egypt
Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) announced that it has secured a two-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez offshore Egypt. The Trident 16 has…
29 March 2021
Removal of the Wenlock Facility - Decommissioning Programmes Consultation
Alpha Petroleum Resources Limited has submitted, for the consideration of the Secretary of State for Business, Energy and Industrial Strategy, draft combined Decommissioning Programmes for the removal of the Wenlock platform and pipelines in accordance with the provisions of the Petroleum Act 1998. It is a requirement of the Act…
29 March 2021
Aker Offshore Wind and Hexicon to Explore Floating Wind Opportunities Offshore Sweden
Aker Offshore Wind and Hexicon have entered into a joint development agreement to explore opportunities to realize floating wind projects offshore Sweden that could generate several gigawatts of renewable power and support Sweden’s goal of reaching net zero emissions. The two companies have agreed to jointly work to mature early-phase…
29 March 2021
Drilling permit for well 7322/6-1 S in production licence 722
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7322/6-1 S, cf. Section 13 of the Resource Management Regulations. Well 7322/6-1 S will be drilled from the Deepsea Nordkapp drilling facility in position 73°34'39.68"N and 6°55'05.15"E after concluding the drilling of appraisal well 25/2-2…
29 March 2021
Minor gas/condensate discovery southwest of the Sleipner Øst field in the North Sea - 15/12-25
Chrysaor Norge AS, operator of production licence 973, has completed the drilling of wildcat well 15/12-25. The well was drilled about 35 kilometres southwest of the Sleipner Øst installation in the central part of the North Sea and 250 kilometres southwest of Stavanger. The objective of the well was to…
29 March 2021
Maersk Drilling secures one-well contract to reactivate Maersk Resolute
Maersk Drilling has been awarded a one-well contract by Petrogas E&P Netherlands B.V. which will employ the harsh-environment jack-up rig Maersk Resolute to perform well maintenance and drill a side-track of the A9 well at the P9 Horizon field in the Dutch North Sea. The contract is expected to commence…
29 March 2021
Sembcorp Marine Partners GE Renewable Energy’s Grid Solutions to Build State-of-the-art Electrical Transmission System for RWE Renewables
Sembcorp Marine Ltd and GE Renewable Energy’s Grid Solutions have secured a contract from RWE Renewables, to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia Offshore Wind Farm. Located on Dogger Bank, 195 km off the north east coastline of UK in the central North…
29 March 2021
Sale of vessel – Sea Witch
Deep Sea Supply Shipowning AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the PSV Sea Witch. Delivery of the vessel to the new owner took place today March 26th, 2021. The sale of the vessel will result in an immaterial accounting effect for 1Q 2021.
26 March 2021
Santos awards Barossa FPSO contract
Santos, as operator of the Barossa joint venture, announced award of the project’s major contract for the construction, connection and operation of the Floating Production, Storage and Offloading vessel (FPSO). The FPSO services contract awarded to international vessel builder and operator BW Offshore (BWO) is subject to a final investment…
26 March 2021
Ningaloo Vision resumes production and prepares for Phase 2 Van Gogh oil
Santos today announced it has restarted production from the Ningaloo Vision Floating Production Storage and Offloading vessel following scheduled maintenance in Singapore. The Ningaloo Vision, which ties in the Van Gogh, Coniston and Novara oil fields offshore Western Australia, has now commenced ramping-up its production again and is expected to…
26 March 2021
Dogger Bank Wind Farm unveils design for Operations and Maintenance Base at the Port of Tyne
The developers of the Dogger Bank Wind Farm have revealed the design for the multi-million pound Operations and Maintenance (O&M) Base, that will serve the world’s biggest offshore wind farm. Subject to planning approval, the base will be constructed in the Port of Tyne. It will serve as the main…
26 March 2021
Petronas Becomes World's First To Produce LNG From Two Floating Facilities
Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities following the first cargo delivery by Petronas Floating LNG DUA (PFLNG DUA) on 24 March 2021. The cargo was loaded onto the Seri Camar LNG Carrier operated by MISC Bhd for shipment…
26 March 2021
PGNiG to buy all assets of INEOS E&P Norge
PGNiG Upstream Norway will buy all assets on the Norwegian Continental Shelf of the INEOS Group, which includes 22 production licences and an interest in the Nyhamna terminal. Following the transaction, the PGNiG Group’s annual gas production in Norway is expected to reach 4 billion cubic metres in 2027.PGNiG Upstream…
26 March 2021
Fugro wins Terna survey contract for Italy’s Tyrrhenian Link power cable project
Fugro has been selected by Terna SpA, owner of the Italian national transmission grid (NTG) for high and extra-high voltage power, to perform a large multidisciplinary survey for part of the Tyrrhenian Link, a nationally strategic project to install two undersea HVDC electrical power cables connecting the Italian peninsula with…
26 March 2021
Aker Solutions to Deliver Subsea Production System for the Eldfisk North Development
Aker Solutions has won a large[1] contract from ConocoPhillips to provide a subsea production system for the Eldfisk North development offshore Norway. The field will be developed as a subsea satellite, tied back to the Eldfisk Complex. The scope covers a complete subsea production system including 13 standardized vertical subsea…
26 March 2021
Aker Solutions Partners Up for Sustainable Energy Projects in the UK
Aker Solutions and Doosan Babcock have agreed to jointly deliver projects for low-carbon solutions and renewable energy in the UK. The partners will particularly focus on pursuing and winning contracts for new hydrogen production plants, and facilities for carbon capture, utilization and storage (CCUS). Opportunities for other projects within the…
26 March 2021
EMGS: Contract award
Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has been awarded a 3D CSEM contract in Southeast Asia. This is EMGS's first CSEM data acquisition contract with this customer. The Company expects that the acquisition will take place in the beginning of Q3 2021.…
26 March 2021
Minor oil discovery near the Solveig field in the North Sea – 16/4-13 S
Lundin Energy Norway AS, operator of production licence 359, has concluded the drilling of wildcat well 16/4-13 S. The well was drilled about 15 kilometres south of the Edvard Grieg field in the central part of the North Sea and 190 kilometres west of Stavanger. The objective of the well…
25 March 2021
RWE marks financial investment decision for its UK flagship Sofia Offshore Wind Farm
The 1.4 gigawatts offshore wind project will require an investment of approximately £3bn Onshore enabling works start Spring 2021 and offshore construction in 2023 Final completion of the project expected by Q4 2026 “Taking the financial investment decision for RWE’s largest ever offshore wind project is a great moment for…
25 March 2021
Vaarst to drive the future of marine robotics through data focus
Robotics technology player Vaarst will give offshore and marine robotics new capabilities through retrofitted artificial intelligence and autonomy. Vaarst, a technology spin-off from leading subsea robotic and hydrographic survey company Rovco, was formally launched on the 24th March with the goal of revolutionising the offshore robotics sector – leveraging intelligent…
25 March 2021
The Crown Estate to create new floating wind leasing opportunity in the Celtic Sea
The Crown Estate hasannounced that it is commencing work to design and deliver a new leasing opportunity for early commercial-scale floating wind projects in the Celtic Sea. The leasing process will focus on projects of circa 300MW in scale - up to 3 times larger than any rights previously awarded…
25 March 2021
New contract for VOS Pathfinder
Vroon Offshore Services (VOS) is pleased to announce that Aberdeen-managed emergency response and rescue vessel (ERRV) VOS Pathfinder has been awarded a contract with PSE Kinsale Energy Limited (KEL) for an estimated duration of eight months. The 2008-built, IMT-design, twin-daughter-craft ERRV will support KEL’s decommissioning campaign at the Kinsale Area…
25 March 2021
Vår Energi - consent for use of Floatel Superior
The Petroleum Safety Authority Norway (PSA) has given Vår Energi consent to use Floatel Superior, the mobile quarters facility on the Balder field.
25 March 2021
Equinor - consent for use of Transocean Norge
The Petroleum Safety Authority Norway (PSA) has given Equinor consent to use Transcoean Norge for drilling and well operations on the Gullfaks field.
25 March 2021
ASCO Wins INEOS Oil & Gas Contract in Norway
ASCO Norge AS has been awarded the contract as the preferred base supplier for INEOS Oil & Gas Norway’s first drilling operation on the Norwegian Continental Shelf. ASCO Norge AS will be responsible for the delivery of base services for INEOS’ drilling operation of the Fat Canyon out of Kristiansund,…
25 March 2021
Aker BP farms in to new UKCS licence in the greater Alvheim area
Aker BP UK, a newly established subsidiary of Aker BP in Norway, has entered into an agreement with Eni UK to take over a 50 percent interest in licence P2511 on the UK Continental Shelf. Eni UK will remain operator. The assignment transaction is to be formally approved by the…