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21 April 2020
ODE awarded contract to help implement findings of GASSCO’s gas terminals integrity review
Independent operations and engineering services company Offshore Design Engineering (ODE) has been awarded a new contract with GASSCO AS to work on the findings of its gas terminals review. The project is the latest in a three-year relationship between London-headquartered ODE and Norwegian operator GASSCO, which is responsible for safe…
21 April 2020
TechnipFMC Awarded Significant Integrated EPCI (iEPCI™) Contract for Woodside’s Lambert Deep and Greater Western Flank Fields in Australia
TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant (1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Woodside Energy Limited for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, located offshore Northwestern Australia. TechnipFMC will design, manufacture, deliver and install subsea…
20 April 2020
PGS Targets East Shetland in New UKCS Seismic Survey
PGS seismic vessel Ramform Tethys is about to start a 3D MultiClient survey offshore East Shetland, in UKCS waters. Production will commence this week and the first data is expected Q3 2020. The industry-funded project will cover both frontier and mature areas where new broadband seismic is needed to enable…
20 April 2020
Rotech Subsea assumes contractor role for Walney OWF cable burial scope
Rotech Subsea has successfully completed a significant cable burial scope at the Walney Offshore Wind Farm for green energy giant, Ørsted. The excavation and trenching specialist took on responsibility for all operations for the project, from chartering the vessel to contracting all relevant parties required, with the trenching project successfully…
20 April 2020
Neptune Energy welcomes Gasunie as partner on PosHYdon green hydrogen project
Neptune Energy today announced leading energy infrastructure company, Gasunie, will join as a new partner on the PosHYdon pilot, the world’s first offshore green hydrogen project. PosHYdon integrates three energy systems in the Dutch North Sea: offshore wind, offshore gas and offshore hydrogen and will involve the installation of hydrogen-producing…
20 April 2020
Carnarvon Petroleum LTD Building On Dorado Success
During the quarter we have witnessed significant global consequences from the Covid-19 pandemic, with direct and secondary impacts occurring within our industry. Maintaining Carnarvon’s prudent financial position has always been at the forefront of the Company’s strategy and has ensured that the business is in a robust position to withstand…
20 April 2020
$20 Oil Will Not Devastate UK Production. But It Is Not A Pretty Picture
With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins are already happening around the world. Even if prices reach this threshold, the UK will avoid shut-ins and exploration is likely to continue in 2020, although cash flow and project sanctioning will suffer,…
20 April 2020
Victorian drilling update
Beach Energy Limited (ASX: BPT, Beach) and its Joint Venture Partner OGOG (Otway) Pty Ltd remain committed to the development of its undeveloped Otway Basin gas reserves, as well as exploration for additional gas reserves, targeting increased gas supplies for the Victorian gas market. Offshore Update Beach, as operator of…
20 April 2020
Maersk Drilling secures one-well contract offshore Egypt
Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract. The contract value is approximately USD 3.8m. Maersk Drilling…
20 April 2020
Maersk Drilling receives notice of contract termination for two rigs
Today, The Drilling Company of 1972 A/S (“Maersk Drilling”) announces that it has received notice of early termination for convenience of two drilling contracts: BG International Ltd., a subsidiary of Shell, has terminated the contract for the semi-submersible Mærsk Developer with immediate effect. The original end of contract was expected…
20 April 2020
Ten more years for Troll B
The authorities have granted consent to operator Equinor and the other licensees for a 10-year lifetime extension for the Troll B facility in the North Sea. The extended lifetime for Troll B also includes pipelines for oil and gas that were part of the basis in connection with approval of…
20 April 2020
A decade since Deepwater Horizon
The 10th anniversary of the Deepwater Horizon disaster falls on 20 April 2020. A blowout on this drilling rig in the Gulf of Mexico led to an explosion and fire. Eleven people were killed in the Deepwater Horizon disaster, and a number of others suffered serious injuries. The drilling rig…
17 April 2020
Chevron Sells Azerbaijan Assets to MOL Hungarian Oil and Gas
Chevron Corporation (NYSE: CVX) announced today that its affiliate companies have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli (ACG) oil fields (including interests in the Western Export Route Pipeline) and the Baku-Tbilisi-Ceyhan (BTC) oil pipeline located in Azerbaijan, to MOL Hungarian Oil and Gas PLC for a consideration of…
17 April 2020
Zenithy Energy Ltd ("Zenith" or the "Company") Acquisition of Tilapia for £200,000
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE; OSE: ZENA-ME), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has successfully renegotiated the terms for the acquisition from AIM listed Anglo African Oil & Gas plc…
17 April 2020
MMA Offshore Awarded Renewable Sector Support Contract
Our MPSV, the MMA Vigilant, will be providing integrated subsea services to monitor the seabed for dredging and piling work over a two month period, with end-to-end project services provided by MMA’s Vessel Operations, Subsea Services and Project Logistics business units. MMA Managing Director, David Ross, said the contract award…
17 April 2020
Fred. Olsen Windcarrier awarded contract on Thor offshore wind farm
Fred. Olsen Windcarrier has been contracted by the Danish company Geo to supply a vessel for the preliminary geotechnical investigations for the Thor offshore wind project in the Danish North Sea. Fred. Olsen Windcarrier will utilise the Liftboat Jill to support Geo with the offshore borehole campaign. Jill will provide…
17 April 2020
Prosafe SE: Prosafe and Total agree to defer 2020 North Sea campaign
Prosafe and Total E&P UK Limited (‘Total’) have agreed to defer the commencement date for the Safe Caledonia to provide accommodation support at the Elgin complex in the UK sector of the North Sea by one year. The firm duration of the contract now commences around late Q1 2021 and…
17 April 2020
Seabed Geosolutions Impacted By Project Postponement And Cancellation
The COVID-19 pandemic and the current low oil price environment will strongly impact Seabed Geosolutions’ activity levels and results this year. A significant ongoing project in the Middle East has been cancelled and another project that was scheduled to start imminently in Brazil has been postponed. In response, Seabed will…
17 April 2020
ConocoPhillips to Voluntarily Curtail 225,000 Gross Barrels of Oil per Day; Reduces 2020 Cash Uses by Additional $3 Billion for Total Reduction of Over $5 Billion
ConocoPhillips (NYSE: COP) announced today that it is taking further actions to respond to the oil market downturn. These follow initial actions announced on March 18. “In March we exercised $2.2 billion of flexibility via reductions in both our planned 2020 capital spending and share repurchases,” said Ryan Lance, chairman…
17 April 2020
Savannah Petroleum PLC (“Savannah” or “the Company”) Change of name to Savannah Energy PLC
Savannah Petroleum PLC, the British independent energy company focused around activities in Nigeria and Niger, announces that it is changing its name to Savannah Energy PLC. The change of name reflects the Company’s increasingly diversified asset portfolio. Savannah is now a leading energy producer in Nigeria and, via its controlling…
17 April 2020
TGS Commences ‘Gambito 2020’ 3D Seismic Survey Offshore The Gambia
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, has announced that it has fired the first shot in a 3D seismic survey it is undertaking offshore The Gambia. Under the cooperation of The Gambian Ministry of Petroleum & Energy (MOPE), the acquisition is being…
17 April 2020
Tulip Oil Quarterly Update
Tulip Oil Holding B.V. (“Tulip Oil” or the “Company”) is pleased to announce the latest quarterly update on its oil and gas exploration and production businesses in the Netherlands and Germany. COVID-19 The Tulip Oil Group and its business partners have taken measures in response to the COVID-19 outbreak including…
16 April 2020
Charting A Path To 40GW Of Offshore Wind Needs A Plan
There is no shortage of ambition towards the UK’s goal of meeting net zero by 2050. In a year in which record-breaking offshore wind strike prices were secured in the last CfD auction, the UK and Scottish governments both legislated for net zero targets. Recognising the role offshore wind will…
16 April 2020
Santos signs LOI to sell a 12.5% interest in Barossa to JERA
Santos today announced it had signed a Letter of Intent (LOI) to sell a 12.5% interest in Barossa to JERA. JERA already has a 6.1% interest in Darwin LNG. Santos’ signing of the LOI with JERAadvances partner alignment between the Darwin LNG and Barossa joint ventures for the development of…
16 April 2020
Aker Solutions and Cognite Secure Digital Offshore Wind Energy Technology Grant
The project is focused on next generation solutions in wind through digitalisation and aims to develop a holistic digital solution that will enable monitoring the condition of an offshore floating wind farm and its impact on the environment via live data streaming.Aker Solutions, partnering with Cognite, was selected for the…
16 April 2020
Dalma Project Update
Petrofac Ltd ("Petrofac" or "the Company") announces that its Petrofac Emirates joint venture has received notice of termination from Abu Dhabi National Oil Company (ADNOC) of two recently awarded contracts for the Dalma Gas Development Project. Petrofac is committed to working with ADNOC over the coming weeks to explore alternative…
16 April 2020
Demand Sees Flowline Specialists Launch New Service and Maintenance Division
The Aberdeenshire-based company, which designs, engineers and manufactures a range of cable and pipe handling and deployment equipment for use in the energy sector, has launched a new service and maintenance division. It will operate from the firm’s existing workshop facility at its Oldmeldrum headquarters and utilise existing personnel. Established…
16 April 2020
Bumi Armanda Berhad - Extension Of Contract For The Charter Hire Of Armanda Sterling FPSO In India
Bumi Armada Berhad (“Bumi Armada” or the “Company”) wishes to announce that its jointly controlled entity, Shapoorji Pallonji Bumi Armada Offshore Private Limited (“SPBAOPL”) recently received notification from Oil and Natural Gas Corporation Limited ("ONGC") of India, about their intention to extend the charter hire of a Floating Production, Storage…
16 April 2020
Cluff Natural Resources Plc (‘CLNR’, ‘Cluff’ or ‘the Company’) Final Results
Cluff Natural Resources Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to announce its audited results for the year ended 31 December 2019 (‘FY 2019’). Highlights • Farm-out of Licence P2252, containing the…
16 April 2020
Woodside : First Quarter Report For Period Ended 31st March 2020
Performance highlights • Delivered production of 24.2 MMboe, up 12% from Q1 2019. • Successfully mitigated impacts of Tropical Cyclone Damien. • Realised pricing down 20% from Q1 2019. • Implemented appropriate responses to combined impact of COVID-19 and lower commodity prices. Executing a clear plan • Reduced targeted 2020…
16 April 2020
Liberia License Round 2020
Facilitating The First Commercial Oil Discovery “This is a watershed moment for the country and the Authority (LPRA) is excited to reach an agreement with all parties including TGS and NOCAL in promoting Liberia’s offshore acreage.” Archie N. Donmo, Director General at LPRA My Fellow Liberians, our international partners, and…
16 April 2020
Qatar Petroleum Announce The Start of the Development Drilling Campaign of the North Field East Project
Qatar Petroleum has announced the start of the development drilling campaign for the North Field East Project (NFE). The first of 80 NFE development wells was spudded on 29th of March by the jack-up rig "GulfDrill Lovanda" operated and managed by GulfDrill, a joint venture between GulfDrilling International and Seadrill…
15 April 2020
Scottish Power Renewables Announces Cwind East Anglia One Contract Award
ScottishPower Renewables has awarded an East of England offshore renewables service provider a multi-million-pound contract to work on the largest windfarm being developed in East Anglia.CWind has been awarded a contract worth up to £8.2million for work on the East Anglia ONE offshore windfarm. The company will provide below water…
15 April 2020
Northwester 2 completes turbine installation of first 9.5 MW platform
In a joint operation with MHI Vestas and Jan De Nul Group, Parkwind completed the final installation of turbines at the Northwester 2 offshore wind farm. The 219 MW project is located in the Belgian North Sea, approximately 50km off the shore of Ostend, Belgium, and is the first project…
15 April 2020
31 Foreign Workers Moved into Floating Accommodation at Tanjong Pagar Terminal, Singapore
As part of Singapore's efforts to contain the spread of COVID-19, the first batch of healthy foreign workers has moved into one of the three floating accommodations berthed at Tanjong Pagar Terminal today. About 1,300 healthy workers will be progressively relocated to the floating accommodations in batches over the next…
15 April 2020
Subsea protection specialists from Tekmar Group rally to protect the NHS in the fight against COVID-19
Tekmar Group companies Subsea Innovation and Tekmar Energy, who specialise in bespoke offshore equipment and subsea protection systems for the global offshore energy sectors, have joined forces to manufacture PPE for NHS workers in the North East of England. Like many organisations across the UK, Subsea Innovation and Tekmar Energy…
15 April 2020
THREE60 Energy Awarded Spirit Energy Contract
THREE60 Energy, through its Step Change Engineering (part of THREE60 Energy Group) division, has been awarded an engineering and support services contract to provide minor modification and repair services for Spirit Energy’s UKCS assets. THREE60 Energy has secured this contract following successful delivery of previous modifications. The contract cements the…
15 April 2020
Empyrean Energy PLC ("Empyrean" or the "Company") Resource Upgrade of Mako Gas Field at Duyung PSC, Indonesia
Empyrean Energy plc ("Empyrean or Company"), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce an upgrade of resource esmates for the Mako gas field, which forms part of Duyung PSC in the West Natuna basin, offshore Indonesia (the "Mako…
15 April 2020
Halfway Mark On Foundation Installation At Borssele 1 & 2 Offshore Wind Farm With Record Installation Cycles
DEME Offshore is making strong progress with the foundation installation at Ørsted’sBorssele 1 & 2 Offshore Wind Farm in the Dutch North Sea, reaching the halfway mark. Having started construction works with offshore installation vessel ‘Innovation’ in mid-January 2020, foundation installation has hit the halfway mark, with 47 out of…
15 April 2020
Covid-19 And Low Oil Prices Could Cancel More Than Half Of 2020's Licensing Rounds Globally
More than half of the world’s planned licensing rounds are likely to be cancelled this year due to the combined effect of the Covid-19 pandemic and the ongoing oil price war, a Rystad Energy impact analysis forecasts. New licensed offshore acreage is likely to fall by about 60% and onshore…
15 April 2020
Equinor - consent for extended use of Troll B
The Petroleum Safety Authority Norway have given Equinor consent for the extended use of the Troll B facility and associated subsea installations. Equinor's existing consent to use the Troll B facility lasts until September 2020. In order to recover the remaining reserves from the field, Equinor has applied for consent to…
15 April 2020
Hurricane Energy plc ("Hurricane" or the "Company”) Operational Update: Q1 2020 Production
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an update on production from the Lancaster Early Production System (“Lancaster EPS”). Lancaster EPS Quarterly Production Update Hurricane completed a prolonged individual flow test on the 205/21a-6 well at the…
14 April 2020
Shearwater GeoServices Holding AS (“Shearwater”) has received project termination notices for two contracts in Asia Pacific.
The first includes a short project for Woodside in Australia which was part of the award announced on 18 November 2019. The second covers a survey for Reliance in India announced on 28 January 2020. The projects are terminated as per client’s rights within the respective contracts.
14 April 2020
Borr Drilling Limited – Update on contracts and operations
orr Drilling Limited (the “Company”) (NYSE: “BORR”, OSE: “BDRILL”) is pleased to announce that it has been awarded LOAs for work in the Asia Pacific region for two of its premium jack ups, of which one is a newbuild being activated. The contracts’ estimated duration, excluding options, will be for…
14 April 2020
Seabird Exploration – update on COVID-19
The COVID-19 outbreak continues to affect the global economy as well as oil demand. While market uncertainty is high, the Company continues to work with its clients as usual. However, to cope with the uncertainty and preserve cash, the Company has decided to reduce costs further and postpone capex until…
14 April 2020
Lamprell PLC Update On Operational Restructuring & Covid 19 Self-Help Measure
Further to the announcement on 16 January 2020, Lamprell provides an update on the implementation of its self-help programme aimed at achieving a significant reduction in the Group overhead and an improvement in operational efficiencies, as well as on the impact of the ongoing global health crisis on the business.…
14 April 2020
Subsea 7 awarded contract offshore US Gulf of Mexico
Subsea 7 announced the award of contracts by Chevron U.S.A Inc. for subsea installation services related to the Anchor field, located in the Green Canyon area of the Gulf of Mexico. The Anchor field is approximately 140 miles off the coast of Louisiana. Subsea 7’s scope of work includes project…
14 April 2020
INPEX Browse E&P Pty Ltd - 2D Seismic Survey WA-532-P, WA-533-P and WA-50-L
INPEX is proposing to undertake a two-dimensional (2D) seismic survey of Exploration Permits WA-532-P and WA-533-P in the Browse and Offshore Canning Basins. The 2D seismic survey will also include the acquisition of seismic data in Production Licence WA-50-L, also within the Browse BasinMore
14 April 2020
Santos - Keraudren Extension 3D Marine Seismic Survey
Santos WA Northwest Pty Ltd (Santos), who are wholly owned by Santos Energy Limited, propose to undertake a 3D seismic marine survey (the ‘survey’) over a portion of exploration permit areas WA-435-P, WA-436-P, WA-437-P and WA-438-P, and surrounding waters in the Bedout Sub-basin in Commonwealth waters off the coast of…
14 April 2020
Energean Oil & Gas plc Submission of Field Development Plan Addendum for Karish North
Energean Oil and Gas plc (LSE: ENOG, TASE:,(the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of an independent Competent Persons Report (“CPR”) by DeGolyer and MacNaughton (“D&M”) on the Karish North Field, offshore Israel, and submission of an addendum to the Field Development Plan…