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26 February 2021
Announcement of APA 2021 sent for public consultation
The Ministry of Petroleum and Energy has today sent a proposal to announce the licensing round APA 2021 (Award in Pre-defined Areas) for public consultation. The proposal entails that a further 84 new blocks are included in the APA area. Four are located in the North Sea, 10 in the…
26 February 2021
Twna Secures First Contract With Spirit Energy At Grove Field
Specialist drilling waste management company, TWMA, has secured a seven-figure contract with leading exploration and production company, Spirit Energy. The first scope of a five-year contract will see TWMA provide drilling waste management services on the harsh-environment jack-up rig Maersk Resolve as Spirit Energy drills the Grove North East well…
26 February 2021
Saipem wins IMCA award for CO2 estimation tool
Saipem has won the Environmental Sustainability Award in International Marine Contractors Association’s (IMCA) 2020 Awards programme, for an innovative CO2 estimation tool in its offshore projects, named SOCE (Saipem Offshore Carbon Estimation). This award has been granted to the company following the successful assessment of its tool based on criteria…
26 February 2021
3D at Depth Launches Worldwide Offshore Geophysical Survey Services Business
3D at Depth Inc., the world’s expert in commercial Subsea LiDAR (SL) laser technology, and leading provider of underwater survey services and 3D data solutions, today announces the launch of its offshore Geophysical Survey Services division. The new division will provide optimized surveys to support both nearshore, inshore, and offshore…
26 February 2021
Chevron Commits $300 million Toward Low-Carbon Technology Investments
Chevron Technology Ventures, LLC (CTV) today announced the launch of its $300-million Future Energy Fund II focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy for all. With the first Future Energy Fund launched in 2018, CTV invested in more than 10 companies with more…
26 February 2021
Contract award in Australia
Solstad Offshore ASA (“Solstad”) is pleased to confirm that the large AHTS Normand Ranger has been awarded a contract in Australia for commencement in 2Q 2021. The vessel will mobilise from Norway and will then provide support to a major drilling campaign offshore North Western Australia, securing about 1 year…
25 February 2021
UTEC wins survey work for the Coral-Sul FLNG project, offshore Mozambique
UTEC, a global surveying company and part of marine energy and infrastructure services group Acteon, has been awarded survey work by TechnipFMC plc to support the development of Coral-Sul FLNG (floating liquefied natural gas) project, the world’s first in ultra- is the operator of the Coral South Project on behalf…
25 February 2021
Six oil and gas operators launch joint campaign to abandon wells in the North Sea for the first time
Nexstep, the National platform for re-use & decommissioning of oil and gas infrastructure in the Netherlands, has over the last few years worked on a joint campaign for the decommissioning of gas wells in the Dutch North Sea. This month, Nexstep issued the invitation to tender to the market. For…
25 February 2021
Worley helps Allseas to decommission two offshore gas platforms
As offshore installations in mature oil and gas fields reach the end of their useful lives, safely decommissioning aging assets is becoming an increasingly important focus for energy producers. Worley is supporting Allseas with a range of decommissioning engineering, procurement and construction services for Allseas’ DP3 and DP4 project in…
25 February 2021
Hibiscus Petroleum to Acquire 85% Interest in the Eagle Field
Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Company”) is pleased to announce that its indirect wholly‐owned subsidiary, Anasuria Hibiscus UK Limited (“AHUK”) has executed a Sale & Purchase Agreement (“SPA”) with EnQuest Heather Limited (“EnQuest”) in respect of certain interests in the United Kingdom (“UK”) Continental Shelf Petroleum Production Licence…
25 February 2021
Eagle discovery farm-down
EnQuest PLC (together with its subsidiaries, 'EnQuest'), an independent oil and gas production and development company listed on the London and Stockholm stock exchanges (ENQ.L and ENQ.ST), today announces that it has signed an agreement with Anasuria Hibiscus UK Limited to farm-down an 85% working interest in, and transfer operatorship…
25 February 2021
NEO Energy to double production through acquisition of asset portfolio from ExxonMobil
NEO Energy is acquiring a major portfolio of non-operated oil and gas assets in the Central and Northern North Sea from ExxonMobil. Following completion, NEO’s expected proforma 2021 production will be circa 70,000 barrels of oil equivalent per day (boepd), growing organically to more than 80,000 boepd in 2024 through…
25 February 2021
SBM Offshore awarded Letter of Intent for FPSO Almirante Tamandaré lease and operate contract by Petrobras
SBM Offshore is pleased to announce that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25 years lease and operate contract for the FPSO Almirante Tamandaré, to be deployed at the Búzios field in the Santos Basin approximately 180 kilometers offshore Rio…
25 February 2021
Lamprell appointed on one of Saudi Aramco's LTA projects
Lamprell is pleased to announce that it has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract (the "Contract") by Saudi Aramco as part of their Long-Term Agreement Programme (LTA) with Lamprell. Works on this large* Contract consists of two offshore production deck modules and associated pipeline and subsea…
25 February 2021
Contract Award Siem Spearfish
Siem Offshore has been awarded a 2-month firm contract with options, excluding mobilization and demobilization, for the offshore subsea construction vessel "Siem Spearfish" for work outside West Africa. The vessel has commenced its mobilization from Norway.
25 February 2021
Blue Gem Wind submit Scoping Report for Valorous Floating Offshore Wind Farm
Blue Gem Wind, the joint venture between Total, one of the world’s largest energy companies, and Simply Blue Energy, has submitted an environmental scoping report for Valorous, a proposed 300 MW floating offshore windfarm. Valorous is the second floating offshore wind project being progressed by Blue Gem Wind in the…
24 February 2021
TechnipFMC Receives Integrated EPCI (iEPCI™) Letter of Award (LOA) for Energean’s Karish North Development in Israel
TechnipFMC (NYSE:FTI) (PARIS:FTI) has received a letter of award (LOA) by Energean Israel Limited for the development of the Karish North field, located offshore Israel. TechnipFMC will design, manufacture, deliver and install subsea equipment including the subsea production system, rigid flowlines and umbilicals as a tieback to the ‘Energean Power’…
24 February 2021
Vattenfall awards Van Oord 4-year O&M framework contract
Van Oord has been awarded a 4-year Operations & Maintenance (O&M) contract by Vattenfall. Working through its MPI Offshore organisation, Van Oord will provide jack-up and associated lifting services for main component exchanges across Vattenfall’s portfolio of offshore wind farms. The contract includes planned and unplanned maintenance campaigns for approximately…
24 February 2021
New contract for Rem Trader
Rem Offshore is pleased to announce that our PSV Rem Trader has been awarded a campaign contract for 2021 and 2022 with Van Oord. The campaign is for the Saint Brieuc Offshore Windfarm and is in the offshore wind segment. Rem is looking forward to place PSV’s in other segments…
24 February 2021
Parkwind Selects Deme Offshore For Foundation EPCI Contract at Arcadis Ost I
DEME Offshore has been awarded a substantial Engineering, Procurement, Construction and Installation (EPCI) contract for the foundations at Parkwind’s Arcadis Ost I offshore wind farm. The next-generation XXL monopiles will be the largest ever installed in Europe with a weight of around 2,000 tonnes each. The Arcadis Ost I wind…
24 February 2021
GC Rieber Shipping: New charter for Polar Onyx
GC Rieber Shipping is pleased to announce a new charter for Polar Onyx in the North Sea for a Tier 1 subsea client. The charter will commence July 1[st], 2021 and holds a firm duration of three months, plus options. Following completion of a successful and long-term employment of the…
24 February 2021
Blue Logic Launches Underwater Inductive Connector Company Subsea USB
Norwegian subsea technology company Blue Logic has created a new company, Subsea USB AS, to provide its underwater inductive connectors to the global subsea industry. The product rights, technology and patents of Subsea USB’s connectors were previously jointly owned with the Kristiansand-based Wireless Power and Communication (WPC AS). All assets…
24 February 2021
ONeptune Energy announces start-up of Gjøa P1 development
Operator Neptune Energy and its partners Wintershall Dea, Petoro and OKEA today announced that production has started from the Gjøa P1 development in the Norwegian sector of the North Sea. Gjøa P1 has been developed via a new subsea template, tied back to existing infrastructure on the Gjøa field. It…
24 February 2021
Ashtead Technology invests £1m in new tech centre to support renewables and decom work
Ambitious growth plans include recruitment drive to secure project management and engineering talent Integrated subsea technology and services provider Ashtead Technology has invested £1million to develop a new R&D and engineering facility in Aberdeenshire. The firm has also launched a recruitment drive to bolster its operations as part of its…
23 February 2021
TechnipFMC’s subsidiary, FMC Wellhead Equipment Sdn. Bhd. Awarded a Contract by PETRONAS Carigali for Limbayong Deepwater Development Project in Offshore Malaysia
TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) is pleased to announce that its subsidiary, FMC Wellhead Equipment Sdn. Bhd. (TechnipFMC) has been awarded a substantial(1) contract by PETRONAS Carigali Sdn. Bhd. (PETRONAS Carigali), a subsidiary of PETRONAS for the provision of front-end engineering design, and integrated engineering, procurement, construction, installation and…
23 February 2021
Saipem awarded by Qatargas a contract for the offshore development of the North Field Production Sustainability Project worth approximately 1.7 billion USD
Saipem has received from Qatargas a Letter of Award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East cost of Qatar peninsula. The contract is worth approximately 1.7 billion USD. The scope of work encompasses the Engineering, Procurement, Construction and Installation of various…
23 February 2021
DNV GL secures three-year services contract for Total’s UK assets
DNV GL, the independent energy expert and assurance provider, will provide core services such as verification, classification and flag, risk advisory services and major accident hazard awareness training. These will be carried out for assets, including the Shetland Gas Plant, Elgin Franklin and Alwyn, in continuing on Culzean and Gryphon.…
23 February 2021
Trendsetter Wins Spruance Manifold, Dome Patrol Connectors Contract Awards
Trendsetter Engineering, Inc. is pleased to announce that they have been awarded a contract for the provision of a subsea manifold and TCS Connection Systems by LLOG Exploration Offshore, L.L.C. for the Spruance and Dome Patrol subsea developments. The manifold will feature Trendsetter’s TCS subsea production connectors along with production…
23 February 2021
Reabold Resources plc ("Reabold" or the "Company") Increased investment in Corallian
Reabold, the investor in upstream oil and gas projects, is pleased to announce that it has entered into a conditional convertible loan instrument (the "Instrument") with Corallian Energy Limited ("Corallian") pursuant to which Reabold will advance £1 million to Corallian (the "Convertible Loan"). Pursuant to the existing shareholders agreement, to…
23 February 2021
CNOOC Limited Announces a Large-sized Oil and Gas Discovery of Bozhong 13-2 in Bohai
CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Company made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay. The Bozhong 13-2 structure is located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of…
23 February 2021
French connection strengthened: Siemens Gamesa receives firm order from EDF Renewables-Enbridge-wpd consortium for 448 MW Courseulles-sur-Mer offshore wind project
Leading France’s wind power revolution, Siemens Gamesa Renewable Energy has been awarded the firm order from the EDF Renewables-Enbridge-wpd consortium for the 448 MW Courseulles-sur-Mer offshore wind power project. Located 10 km off the Bessin coast, the project brings the total capacity awarded to Siemens Gamesa by the consortium in…
23 February 2021
Chrysaor merger update: UK regulatory condition satisfied, Mexican approval received
Premier is pleased to announce that all of the regulatory conditions relating to the Company’s merger with Chrysaor have now been satisfied and all of the requisite anti-trust approvals have been received. Following receipt of notice from the Oil and Gas Authority (OGA), the regulatory condition to the Transaction regarding…
22 February 2021
ENGIE and Equinor join forces in the development of low-carbon hydrogen
ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore. ENGIE and Equinor signed a memorandum of understanding to investigate the development low-carbon hydrogen…
22 February 2021
Allocation of production licenses - APA 2020
On 19 February 2021, the King in Government granted 61 new production licenses in predefined areas (the APA areas). The 61 production licenses are distributed in the North Sea (34), the Norwegian Sea (24) and the Barents Sea (3). All licensees have agreed to the awards.
22 February 2021
Evelyn Field Development Plan Approved
Tailwind is pleased to announce OGA’s consent and approval of the Field Development Plan for the Evelyn Field. The project has received Final Investment Decision. Evelyn will initially be developed as a one well subsea tieback to the Triton FPSO with provision for future additional wells.Tailwind has worked hard to…
22 February 2021
GC Rieber Shipping: Shearwater GeoServices awarded Norwegian Sea OBS 4D survey by Aker BP
GC Rieber Shipping ASA's 17% owned geoservices company Shearwater GeoServices Holding AS ("Shearwater") is pleased to announce the award of an ocean bottom seismic (OBS) 4D survey by Aker BP at the Ivar Aasen field in the Norwegian North Sea. The survey will commence in Q2 2021 and will employ…
22 February 2021
Planning for shutdown of the Veslefrikk field
After more than 30 years on stream and over 400 million barrels of oil equivalent the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022. The plugging of wells has already started. The field was discovered in 1981, and when it came on stream…
22 February 2021
Hiring wave coming: Offshore wind staff demand to triple by 2030, hundreds of thousands needed
The Covid-19 downturn has once again caused employment rates to plummet in the oil and gas industry. Even though some uptick is expected when the recovery arrives, employment will never return to the glories of just a few years ago. However, there is an energy segment that will be the…
22 February 2021
PETRONAS Offers 13 Blocks In Malaysia's Highly Prolific Basins At The Upcoming Malaysia Bid Round 2021
PETRONAS announced that it will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia Bid Round (MBR) 2021 launch on 26 February 2021. Also included are six discovered fields to incentivise investors to undertake more extensive exploration activities within those blocks. This year’s MBR also features the…
22 February 2021
Block Award To ConocoPhillips And PETRONAS Carigali Set To Bolster Offshore Exploration Activities Off The East Coast Of Sabah
PETRONAS has awarded Block SB405, off the coast of Sabah, offshore Malaysia, to ConocoPhillips East Malaysia Limited (COPEM) a subsidiary of ConocoPhillips and PETRONAS Carigali Sdn. Bhd. (PCSB). The award of this exploration block is expected to bolster exploration activities off the coast of Sabah following the opening of more…
19 February 2021
Reach Subsea Contract Award
Reach Subsea ASA (“Reach”) has through its cooperation with partner MMT Sweden been awarded a three-year contract, with two one-year options for Nord Stream AG. The yearly inspections, to be executed in cooperation with MMT Sweden, include visual and acoustic survey services critical for the pipeline integrity assessments, covering inspection…
19 February 2021
Egyptian Ministry of Petroleum and Schlumberger Announce Launch of the Egypt Upstream Gateway
The Egyptian Ministry of Petroleum and Schlumberger announced the launch of the Egypt Upstream Gateway, an innovative national project for the digitalization of subsurface information. This digital platform will also enable global access to the country's subsurface data, which is kept evergreen by enhancing legacy datasets through reprocessing and new…
19 February 2021
Balmoral Decommissioning
The Decommissioning Programmes have been prepared to support the decommissioning of the Balmoral Floating Production Vessel (FPV) and Balmoral Field subsea installations and pipelines, which is part of a wider suite of Decommissioning Programmes for the Greater Balmoral Area.The decommissioning plan which is an 8 year project has been given…
19 February 2021
BOEM Issues Lease for First Wave Energy Research Project in Federal Waters Offshore the U.S. West Coast
The Bureau of Ocean Energy Management announced they have issued a lease for the first wave energy research project in federal waters off the U.S. West Coast. This lease represents another step forward in achieving the Biden administration’s goals to address climate change and promote offshore renewable energy production. “This…
19 February 2021
Drilling of the Jerv exploration well (PL973) started
Drilling operations on the Chrysaor-operated Jerv exploration well 15/12-25 commenced 18th February. The well, in production licence PL973, targets a prospect close to the UK border in the southern North Sea. The well will be drilled by the COSLInnovator rig as the first well of a two-well programme including the…
19 February 2021
Finder enters UK North Sea
Finder Energy is pleased to announce that it has been awarded a 100% interest in P2530 in the 32nd UK Offshore Licensing Round. P2530 is located in the Central North Sea and covers an area of 576 square kilometres and is located 140km ENE of Aberdeen in water depths of…
19 February 2021
Contract Award Siem Barracuda
Siem Offshore and Seaway 7, the Renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. The project will utilize the offshore construction vessel "Siem Barracuda", currently mobilising to the area of operation, for a minimum period of 100 days,…
19 February 2021
Van Oord celebrates final milestone Borssele III & IV offshore wind farm
Borssele III & IV, one of the largest offshore Dutch wind farms, has reached full commissioning. Located 22 kilometres off the Dutch coast and the Province of Zeeland, the wind farm is capable of powering 825,000 Dutch households with renewable electricity. The construction of the 731.5 MW wind farm, with…
18 February 2021
Energean and EGPC JV partners award NEA/NI iEPCI™ contract to TechnipFMC
Energean plc the gas producer has announced that AbuQir Petroleum, a Joint Venture between Energean and EGPC, has signed an integrated EPCI iEPCI™ contract to global offshore services provider TechnipFMC (Paris: FTI) (NYSE: FTI) for a subsea tie-back located offshore Egypt. The contract covers the Engineering, Procurement, Construction, and Installation…
18 February 2021
Dogger Bank C offshore wind contract awarded to Aibel
In 2019, Dogger Bank Wind Farm awarded Aibel the contract for two converter platforms for the first two phases of the project, Dogger Bank A and Dogger Bank B. Announced today, Aibel has also been awarded the EPC contract for the third phase of the same development. The contract is…