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9 March 2021
Total wins 50 MW of projects in latest national solar tender – close to 400 MW of projects awarded over past 18 months
Total, through Total Quadran, its renewable energy subsidiary in France, was awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender. Total thus confirms its position as number 1 in solar development in France with close to 400 MW, the…
8 March 2021
Siemens Gamesa takes UK onshore wind to new heights with deal to install its market-leading SG 5.8-155 turbines in Scotland
Deal signed with Energiekontor will see the installation of 8 SG 5.8-155 turbines at Longhill Burn wind farm in West Lothian, near Edinburgh The turbines will be among the largest ever installed in the UK, with a rotor diameter of 155 meters to optimize power capacity Contract underpins renewed growth…
8 March 2021
Wildcat safari running dry: Onshore success rate dips to lowest on record, falls for fourth year in a row
The success rate of global conventional oil and gas exploration has declined in recent years, but the most painful blow has been to onshore wildcat wells, a Rystad Energy analysis reveals. In 2020, the success rate of these drilled wildcats plummeted to an all-time-low of 10.6%, marking an annual decline…
8 March 2021
Shearwater GeoServices awarded 4D survey offshore Angola by Total
Shearwater GeoServices Holding AS (“Shearwater”) today announced the award of a 4D monitor marine seismic acquisition survey by Total E&P Angola (“Total”). “As the established global market leader in 4D monitor surveys Shearwater is pleased to announce the award of this advanced multisensor project by Total in Angola,” said Irene…
8 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…
8 March 2021
NKT signs long-term service contract covering onshore and offshore power cable systems in Denmark
With a long-term frame agreement on maintenance and repair operation of on- and offshore power cables, NKT continues the close collaboration with Danish grid operator Energinet. NKT signs long-term service contract covering onshore and offshore power cable systems in Denmark Cable workers installing Axal-TT medium voltage cable in rough terrain…
8 March 2021
TDI-Brooks International, Inc. Completes Two EBS Programs Offshore Angola
TDI-Brooks International, Inc. has recently completed Environmental Baseline Studies (EBS) for both Cabinda Gulf Oil Company Limited (CAGBOC) for the Republic of Angola and ExxonMobil. TDI- Brooks safely and efficiently deployed the R/V Proteus to blocks 0 and 14 for CAGBOC and Block 15 for ExxonMobil offshore Angola to complete…
8 March 2021
Neptune Energy, EDF to pilot novel method to measure offshore methane emissions
Neptune Energy and Environmental Defense Fund (EDF) today announced a scientific collaboration to test a first-of-its-kind approach for measuring oil and gas methane emissions from offshore oil and gas facilities. EDF will coordinate a team of international researchers that includes Scientific Aviation, a provider of airborne emissions sensing, and Texo…
8 March 2021
CGX Provides Update on the Kawa-1 and Makarapan-1 Exploration Wells and Exploration Program
CGX Energy Inc. (“CGX Energy” or the “Company”), provided an update on the Kawa-1 and Makarapan-1 exploration wells and exploration program: The Kawa-1 exploration well on the Corentyne block is currently expected to be drilled to a depth of approximately 6,500 metres (“m”) in water depth of approximately 370 m…
5 March 2021
Coalition of energy companies invest £1.6 million into demonstrating wave power for subsea projects
Mocean Energy, EC-OG, Chrysaor, Modus, OGTC and Baker Hughes have invested £1.6 million into a programme to develop a wave power and energy storage system for subsea projects. The programme will build a wave-powered renewable energy system for subsea equipment, with a goal to test at sea in 2021. Wave…
5 March 2021
Contract awards within Renewable Energy and Subsea
Solstad Offshore ASA is pleased to announce following contracts awards for two of its subsea construction vessels (CSV). CSV Normand Fortress has secured a contract with UK based contractor Manor Renewable Energy for operation on a UK wind farm. The contract is scheduled to commence in October 2021, in continuation…
5 March 2021
Optime’s ROCS Successful in its First Operation for Aker BP
Optime’s subsea system, Remotely Operated Controls System (ROCS) has completed a successful subsea operation for Aker BP. The ROCS eliminates the umbilical during well completions. This is not just a first system use, but also a first type of operation for the industry. ROCS was deployed during a completions operation…
5 March 2021
Investing in further development of the Åsgard field
The partners in the Åsgard licence have decided to invest just under NOK 1.4 billion to further develop the field and implement the Åsgard B low-pressure project. “We’re pleased that the Åsgard owners have given their go-ahead for the low-pressure project. The project will increase production from the current Smørbukk…
5 March 2021
Agreement for the sale of Hornsea 1 transmission assets
Hornsea 1 Limited, a joint venture owned by Ørsted (50 %) and Global Infrastructure Partners (GIP) (50 %), today announced that it has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Hornsea One Limited ('DTP'). DTP is a partnership between Diamond Transmission Corporation Limited…
5 March 2021
Offshore project commitments count set for record in coming years, deepwater to have top growth
Offshore project commitments are expected to not only recover going forward, but their number is also set to reach a new record in the five-year period towards 2025, cumulatively almost 600 projects, a Rystad Energy report shows. Deepwater commitments will enjoy the largest growth as their cost has now become…
5 March 2021
VOS Singapore delivers MWV Falgout to end client
At the end of last year, the VOS Singapore team secured a two-year contract for ship management of our very first Hybrid Accommodation Vessel, MWV Falgout. The vessel, which is a new purchase for our trusted partners, Bruneian owners JISCO Marine Sdn Bhd, will be employed on long-term charter for…
5 March 2021
Government Backs Able Marine Energy Park To Lead Offshore Wind Revolution
News that the Government is supporting the development of a world-class facility for the offshore wind sector on the south bank of the Humber has been welcomed as the “culmination of dogged perseverance underpinned by our ultimate faith in the concept and unstinting support from many organisations and individuals.” That…
4 March 2021
Global Offshore To Provide Complete Cable Care Service To Equinor Wind Farms
Global Offshore, a leading provider of cable installation, repair and trenching services to the offshore renewables, utilities and oil & gas markets, and part of the Global Marine Group, announced today a multi-year cable maintenance and management framework agreement with Equinor. The framework agreement will see primary contractor, Global Offshore,…
4 March 2021
PGS ASA: Re-activation of Vessels for the North Sea Summer Season
PGS is experiencing an increase of seismic acquisition project activity. Based on project awards so far, PGS has started preparations to re- activate Ramform Vanguard for the summer season, with acquisition expected to commence in April. In addition, PGS will activate Sanco Swift to be used as a source vessel…
4 March 2021
Shearwater GeoServices awarded 3D survey in Australia
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a 3D multisensor marine seismic survey, in the Otway Basin, offshore Australia. “We see a solid, consistent level of activity in Australia where we have multiple projects booked in 2021”, said Irene Waage Basili, CEO of Shearwater. “We…
4 March 2021
Jersey Oil and Gas plc Greater Buchan Area Development Project Concept Select 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 announce the key findings of its detailed and comprehensive Concept Select Report ("CSR") in respect of its Greater Buchan Area ("GBA") Development…
4 March 2021
Storegga attracts investment from GIC, Mitsui & Co., Ltd. and Macquarie Highlights
Storegga, an independent UK company pioneering carbon reduction and removal for a net zero world, is pleased to announce that GIC, Singapore’s sovereign wealth fund and Mitsui & Co. Ltd., a global trading and investment company, have become new investors in the Company, alongside a further investment from the cornerstone…
4 March 2021
DOF Rederi AS - Sale of vessel
DOF Rederi AS, a wholly owned subsidiary of DOF ASA, has completed the sale of the PSV Skandi Texel (MT 6009S design), built in 2006 to a Norwegian company. The vessel will be delivered to the new owner with immediate effect and will depart from the oil service sector after…
4 March 2021
‘Esvagt Njord’ secures contract extension with Equinor
Equinor and ESVAGT have extended their good cooperation with a 5-year contract extension for the vessel ‘Esvagt Njord’ at Dudgeon Offshore Wind Farm. The extension runs until 2026. Equinor and ESVAGT will continue the good collaboration at Dudgeon Offshore Wind Farm off Great Yarmouth on the English east coast, where…
3 March 2021
Vysus Group selected by Aibel to support upgrade and electrification of Oseberg field off Norway
Specialist consultancy Vysus Group (formerly Lloyd's Register Energy), the global engineering and technology company, has been selected to support a lower-carbon future at Equinor's Oseberg gas field on the Norwegian Continental Shelf. Vysus Group's risk management consultancy team recently secured a contract with the international services company, Aibel, which was…
3 March 2021
Saipem and the Norwegian company, Elkem, sign a feasibility study agreement for the decarbonisation business
Saipem has signed a collaboration agreement with Elkem to evaluate new opportunities in the entire CO2 capture and storage chain. In particular, Saipem will collaborate with Elkem, a Norwegian company among the world leaders in the sustainable production of cutting-edge metals and materials, to assess and identify possible development plans…
3 March 2021
Trelleborg divests UK offshore oil & gas operation
Trelleborg has signed an agreement and finalized the divestment of its offshore operation in Skelmersdale, England. The company is part of the overall offshore operation in the Businesses Under Development reporting segment. The buyers are individuals holding senior positions in the UK offshore business being sold. The divestment is part…
3 March 2021
Ocean Infinity Acquires MMT
Ocean Infinity and MMT are excited to announce an acquisition that brings together MMT’s deep expertise and established track record as a distinguished marine survey and data analytics provider and Ocean Infinity’s best-in-class robotic technology and operational expertise. The combined force will maximise the potential of Ocean Infinity’s fleet of…
3 March 2021
Oceaneering Wins Integrated Rig Services Contract for Gulf of Mexico Development
Oceaneering International, Inc. (Oceaneering) announces that its Subsea Robotics (SSR) and Offshore Projects Group (OPG) have been awarded an integrated rig services contract for covering the Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico. The work scope includes the provision of remotely operated vehicles (ROVs) with collocated ROV…
3 March 2021
ODL – Lundin awards letter of intent to Deepsea Stavanger
Lundin Energy Norway and Odfjell Drilling have signed a letter of intent for the use of Deepsea Stavanger. The letter of intent is subject to finalization of contract and final approvals from involved parties. The contract is set to commence in Q3 2021 with a duration of one (1) firm…
3 March 2021
Rig secured for high impact Pavo & Apus drilling
Carnarvon Petroleum Limited (“Carnarvon”) (ASX:CVN) is pleased to confirm that the Noble Tom Prosser jackup drilling rig has been contracted to drill the Pavo-1 and Apus-1 exploration wells. The drilling program is expected to commence in late 2021 with the Pavo-1 well and will be immediately followed by the Apus-1…
3 March 2021
PETRONAS Launches The Malaysia Bid Round 2021
PETRONAS has successfully launched the Malaysia Bid Round (MBR) 2021 themed “Grow Your Energy Portfolio With Us” through a virtual event held on 26 February 2021, with over 250 potential and existing investors streaming live from North America, United Kingdom and Europe as well as Asia Pacific. With 13 exploration…
2 March 2021
Triton Knoll Offshore Wind Farm generates first power
RWE has taken a significant step towards achieving full power at its Triton Knoll Offshore Wind Farm, with the first generation of electricity. The generation milestone follows the successful delivery of vital onshore and offshore electrical infrastructure on schedule, and despite the challenges of constructing during the Coronavirus pandemic. The…
2 March 2021
Barryroe Farm-Out Update Providence Resources Announces Extension of Farm-out Agreement
Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based resource development company (“Providence” or the “Company”), announces an extension to the farm-out agreement for the Barryroe licence. Farm-out agreement with SpotOn Energy extended for a period of two months Additional time required to finalise agreement with participants…
2 March 2021
Alfa Lift is Launched and Prepares for Crane Installation
OHT’s new build vessel Alfa Lift has been floated-out from its dry dock at China Merchants Heavy Industry (CMHI) shipyard in Jiangsu, China. The specialist heavy installation vessel, which is designed and built for installing the next generation XXL offshore wind foundations, was launched yesterday, Sunday 28th February. The vessel…
2 March 2021
Baker Hughes and Akastor ASA announce joint venture company to deliver global offshore drilling solutions
Baker Hughes (NYSE:BKR) and Akastor ASA (Oslo:AKAST) have announced an agreement to create a joint venture company (Company) that will bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s wholly owned subsidiary, MHWirth AS (MHWirth). The Company will deliver a global full-service offshore drilling equipment offering that will…
2 March 2021
DNO Norge AS – consent for use of Borgland Dolphin
The Petroleum Safety Authority Norway has given DNO Norge AS consent to use Borgland Dolphin for the permanent plugging of wells at Oselvar.
2 March 2021
Hurricane Energy plc ("Hurricane" or the "Company") Update on Stakeholder Engagement and Lancaster Activity Programme
Hurricane Energy plc, the UK based oil and gas company, provides an update on the previously announced stakeholder engagement process and the timing of further activity on the Lancaster field. Stakeholder Engagement The Company has previously announced that it is engaging with its stakeholders on a proposed development plan and…
2 March 2021
Norway to strengthen green cooperation with EU
Norway has technology and expertise that is vital for Europe’s green transition. In a meeting between Norwegian ministers and EU commissioners, Norway and the EU agreed to strengthen cooperation on how to promote the transition to a modern and competitive low-carbon economy. The European Green Deal was launched by the…
2 March 2021
Chevron Invests in Geothermal Development Company
Chevron Corporation (NYSE: CVX) today announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. Heat power is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste heat. This…
1 March 2021
Turkey Gets Falcon For Emergency Response
The rapid detection of hazardous substances in Turkey’s offshore water is made possible with a Saab Seaeye Falcon operated by MOST Maritime and Environmental Services. The Falcon can be rapidly deployed for hydrocarbon leak detection. MOST Maritime’s emergency response team chose the remotely operated vehicle for its speedy deployment complete…
1 March 2021
Fugro Performs Environmental and Geotechnical Surveys Offshore Angola
Fugro has been awarded multiple contracts by Eni Angola to carry out geotechnical and environmental surveys off the coast of Angola between now and May, and two Fugro vessels from their world’s largest fleet of specialist geotechnical and geophysical vessels are currently active in the region. Multipurpose survey vessel the…
1 March 2021
Neptune Energy commences Dugong appraisal drilling
Neptune Energy and its partners in the Dugong licence today announced drilling has commenced on the Dugong appraisal well, located in the Norwegian sector of the North Sea. The well is being drilled by the Deepsea Yantai, a new semi-submersible rig owned by CIMC and operated by Odfjell Drilling. The…
1 March 2021
Neptune Energy announces 2021 guidance and interim dividend
Neptune Energy announced operational and financial guidance for 2021, ahead of its full year 2020 results on 11 March. Despite a reduction in planned activity related to COVID-19 restrictions and extended unplanned shutdowns at both Snøhvit (Norway) and Touat (Algeria), Neptune delivered a resilient performance in 2020. Before financing costs,…
1 March 2021
Equinor completes farm down of Dogger Bank A and B
Equinor has closed the agreement to sell a 10% interest in Dogger Bank A (1,200 MW) and Dogger Bank B (1,200 MW) assets to Eni. As part of this transaction Eni has also completed the agreement to purchase a 10% interest in the Dogger Bank A and Dogger Bank B…
1 March 2021
VAALCO Announces the Closing of the Acquisition of Additional Interest in the Etame Field From Sasol
VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has now completed the previously announced acquisition of Sasol Gabon S.A.’s (“Sasol”) 27.8% working interest(1) in the Etame Marin block offshore Gabon, increasing the Company’s total working interest to 58.8%. Key Highlights Nearly doubles VAALCO’s…
1 March 2021
PETRONAS Makes Oil Discovery In East Java, Indonesia
PETRONAS through its subsidiary, PC North Madura II Ltd., has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore East Java, Indonesia. PC North Madura II Ltd. is the operator with 100 per cent participating interest in the North…
1 March 2021
Prosafe SE: Safe Boreas to provide accommodation support at Buzzard
Prosafe has signed a contract with CNOOC Petroleum Europe Limited for the charter of the Safe Boreas to provide gangway connected operations supporting the Buzzard platform complex in the UK sector of the North Sea. The firm duration of the contract commencing mid-April 2021 is 100 days with three 30-day…
26 February 2021
2020 LNG demand holds steady despite COVID-19, set for growth as global economies recover
Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published today, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world. Though marginal, the increase in volume reflects the resilience and flexibility of…
26 February 2021
25. licencing round on the Norwegian Continental shelf - here are the applicants
Seven companies have applied for production licenses in the 25th licensing round on the Norwegian shelf. The deadline for applications was 23 February. A total of 136 blocks or parts of blocks were announced in this licensing round. Of these, eleven are in the Norwegian Sea and 125 in the…