Search News
Latest News
11 December 2023
Shelf Drilling awarded new contract in Vietnam
Shelf Drilling, Ltd. announced the contract award for the Shelf Drilling Perseverance jack-up rig with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC). The rig will shortly commence mobilization to Southeast Asia, and the planned start-up of operations with PVEP POC in Vietnam is Q3 2024. The firm term…
11 December 2023
Prysmian: Contract worth over €100 m signed with Petrobras to provide steel tube & thermoplastic electro-hydraulic umbilicals
Prysmian, world leader in the energy and telecom cable systems industry, after a competitive tender has been awarded a contract worth over €100 million by Petrobras to provide 170 km of deep-water electro-hydraulic umbilicals and the related specialized offshore and logistic services. The cutting-edge deep-water steel tube and thermoplastic umbilicals…
11 December 2023
Floating wind farms set to power more than 4 million homes, bringing jobs and skills in exciting new chapter for UK offshore renewable industry
The UK is set to be at the forefront of a new era of renewable energy as plans for some of the biggest floating wind farms in the world have been unveiled. As the deployment of offshore renewable energy accelerates around the world, floating wind farms are expected to play…
5 December 2023
Deltic Energy Plc Operational & Commercial Update
Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration, appraisal and development portfolio focused on the Southern North Sea ("SNS"), is pleased to provide a commercial and operational update. Highlights · Selene exploration well on track to be drilled in Q3 2024 · Appraisal well…
5 December 2023
Arcadis Ost 1 wind farm inaugurated: effective collaboration between wind farm operator and TSO
The Arcadis Ost 1 wind farm off the coast of Rügen in Mecklenburg-Western Pomerania is now supplying its full capacity to the German electricity transmission system, providing consumers with an additional 250 megawatts (MW) of renewable energy. 50Hertz built the submarine and onshore cable connection to the Lubmin substation and…
5 December 2023
AGR wins well management contract offshore Guinea Bissau
AGR has secured the well management contract with Apus Energia Guinea-Bissau S.A. for a deepwater exploration well in the Sinapa license offshore Guinea-Bissau, with drilling set to commence in summer 2024. The Ocean BlackRhino ultra-deepwater drillship has been contracted by Apus Energia Guinea-Bissau S.A. for the upcoming drilling campaign. AGR’s…
5 December 2023
Harbour Energy plc trading and Operations Update 29 November 2023
Harbour Energy plc provides the following unaudited Trading and Operations Update for the nine months to 30 September 2023. Operational highlights Production averaged 189 kboepd (2022: 207 kboepd), split c.50% liquids, c.50% gas. Full year guidance of 185-195 kboepd is unchanged. Operating costs averaged $16/boe (2022: $14/boe) for the period.…
4 December 2023
PXGEO awarded 4D OBN project in Brazil
PXGEO has secured a contract with Petrobras for a 4D Monitor Ocean Bottom Node (OBN) survey in the Santos Basin, Brazil. The survey is to be acquired in water depths up to 2,200m with a duration of approximately 7 months.
4 December 2023
DNV launches joint industry project to advance offshore wind concrete floaters standards
DNV, the independent energy expert and assurance provider, has taken a significant step forward in reshaping the offshore wind industry with the launch of a new joint industry project (JIP) called Concrete FLOW which will optimize requirements for concrete floaters, specifically tailored for floating offshore wind farms. At the kick-off…
4 December 2023
RWE and Masdar form joint ventures to co-develop 3 GW Dogger Bank South offshore projects
RWE has signed an agreement with clean energy powerhouse Masdar as a new partner for its UK Dogger Bank South (DBS) offshore wind development projects. Both partners will continue to drive the delivery of these flagship projects. Closing of the transaction is subject to customary approvals and expected for the…
4 December 2023
Van Oord completes installation of Hollandse Kust Noord offshore wind farm
Van Oord successfully completed the installation of the Hollandse Kust Noord offshore wind farm. This brand new offshore wind farm, located 18.5 kilometres off the west coast of the Netherlands near Egmond aan Zee, now generates enough renewable energy for more than 1 million Dutch households. CrossWind, a joint-venture between…
1 December 2023
Fugro selected by KREDO Offshore to support offshore wind development in South Korea
Fugro is pleased to announce it has been engaged by KREDO Offshore for a metocean and wind resource measurement campaign on the west coast of South Korea, offshore Yeonggwang County. KREDO Offshore develops and operates a growing portfolio of onshore and offshore wind farms and energy storage systems. Fugro will…
1 December 2023
Ashtead Technology acquires ACE Winches
International subsea equipment rental and solutions specialist Ashtead Technology has further expanded its mechanical solutions service offering with the acquisition of ACE Winches. Established in 1992, ACE Winches is a market-leader in the design, manufacture and hire of lifting, pulling and deployment solutions. The company’s core offering supports the installation,…
1 December 2023
Prysmian to Deliver the First 525 kV HVDC XLPE Submarine Cable System in the UK
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a contract worth in the region of €850 million by Eastern Green Link 1 Limited, a joint venture between the UK transmission grid owners SP Transmission plc and National Grid Electricity Transmission plc, to provide…
1 December 2023
Ørsted secures 1.6 GW electricity business license for offshore wind project off the coast of Incheon, Korea
Ørsted has been granted a 1.6 GW electricity business license (EBL) by the Ministry of Trade, Industry & Energy of Korea for an offshore wind project located 70 km off the coast of Incheon City. The license grants Ørsted exclusive development rights for its gigawatt-scale Incheon offshore wind project, which…
29 November 2023
Windcat expands its CSOV fleet to a total of five vessels
Windcat is committed to further expanding its CSOV fleet and has placed an additional order of two Commissioning Service Operation Vessels (CSOVs) with Damen Shipyards. This order increases Windcat’s CSOV fleet to a total of five vessels, leaving the option of acquiring a sixth vessel. This development follows the initial…
29 November 2023
Offshore Wind and Carbon Capture and Storage Colocation Forum commissions vital research to support the UK’s first testing & demonstration of the viability of colocation projects
The Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum ("the Forum”), set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects designed to inform the best approach to test and demonstrate the colocation of offshore wind and CCS…
29 November 2023
McDermott Receives Limited Notice to Proceed for Manatee Gas Development Project Offshore Trinidad and Tobago
McDermott has received a limited notice to proceed for an engineering, procurement, construction and installation (EPCI) contract from Shell Trinidad and Tobago Limited for the Manatee gas field development project, located off the east coast of Trinidad and Tobago. Subject to Shell taking a final investment decision, the Manatee project…
29 November 2023
Centrica’s Rough storage facility pumps gas into grid to meet increased demand
The UK's largest gas storage facility, Rough, has released stored gas into the grid to help the UK both manage higher heating demand during the current cold weather and keep prices down. This is the first time Rough has released gas this winter. This year, Centrica has filled Rough with…
28 November 2023
Osbit to deliver world-first cable repair equipment for N-Sea
Osbit, the offshore wind equipment specialist and a Venterra Group company, has been awarded a contract by Netherlands based subsea solutions and cable specialist N-Sea, to deliver a suite of equipment to enable the repair and lay of offshore cables. The system is designed with flexibility in mind, to support…
28 November 2023
Dolphin Drilling – contract award for Borgland Dolphin in the UK
Dolphin Drilling AS announces the award of a contract for Borgland Dolphin by EnQuest PLC (EnQuest) in the UK. The contract includes a firm 137-day drilling programme and includes a contribution for the reactivation of the Borgland Dolphin, with EnQuest having a further option, to be confirmed within 90 days…
28 November 2023
Aquaterra Energy lands platform repurposing contract for trailblazing Project Greensand
Aquaterra Energy, a leader in global offshore energy engineering solutions, has secured a contract with INEOS, one of the world's largest chemical and oil and gas producers, and emergent Carbon Capture and Storage operator. Aquaterra Energy has been contracted to support with the life extension of an existing offshore platform…
28 November 2023
Seismic Crossover Technologies Between Hydrocarbon, CCS, and Wind
PGS is pioneering marine seismic solutions for evolving energy needs and adapting hydrocarbon exploration acquisition configurations for offshore wind and CCS. Here we revisit modern towed-streamer acquisition configurations and illustrate how the same concepts have recently been used to design and acquire the first large CCS development surveys as well…
28 November 2023
Suncor Energy announces restart of production at Terra Nova
Suncor Energy announced that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months. “Focusing on safety and operational integrity, we have brought this key offshore project…
27 November 2023
Hellenic Cables signed a contract with Energinet to deliver high-voltage cables for an electrical interconnection
Hellenic Cables, the cables segment of Cenergy Holdings, has signed a new contract with Energinet. This marks a significant step towards strengthening energy networks through the supply, installation, testing and termination of a cutting-edge 400kV interconnection cable system.Under the contract, Hellenic Cables will be responsible for the supply of the…
27 November 2023
Xodus advises Dutch government on second CCS project
The volume of CO2 being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, according to a new report from global energy consultancy Xodus. That scale of carbon capture, utilisation and storage (CCUS) will require some 100 reservoirs, more…
27 November 2023
Apollo Secures Major Front-End Engineering Design Study from NEO Energy
Redevelopment Project in the Greater Buchan Area Apollo is delighted to announce the award of a significant contract from NEO Energy for a Front-End Engineering Design (FEED) study. This crucial study will support NEO Energy’s planned redevelopment project in the Greater Buchan Area. New European Offshore Energy NEO Energy, an…
27 November 2023
Rovco successfully completes fast-track survey work with Flotation Energy and Vårgrønn for the Cenos floating offshore windfarm
Rovco are pleased to announce that we have successfully completed all survey work on behalf of Flotation Energy and Vårgrønn for the planned Cenos floating offshore windfarm. Rovco was contracted to conduct a geo-environmental survey at the site, and area covering approximately 333km2, located in the Central North Sea, 200…
22 November 2023
Santos and APA sign MoU to collaborate on transforming Moomba into an international decarbonisation hub
Santos will work with leading energy infrastructure business APA Group through a Memorandum of Understanding (MOU) to collaborate on the potential development of CO2 infrastructure throughout eastern Australia. The scope of the MOU is to assess potential decarbonisation opportunities by working jointly to link heavy CO2 emitters and/or CO2 import…
22 November 2023
MODEC, Inc. and Terra Drone Sign MOU Regarding the Technical Development of Inspection Drones for Offshore Platforms
MODEC, Inc. ("MODEC") and Terra Drone Corporation (“Terra Drone”) signed a Memorandum of Understanding (“MOU”) on November 7, 2023, for the technical development of inspection drones for FPSO (Floating Production, Storage and Offloading system), a typical offshore platform. MODEC's FPSOs ensure their integrity through regular maintenance and inspections in order…
22 November 2023
McDermott Awarded Decommissioning Contract by Santos
McDermott has been awarded a sizeable* engineering, procurement, removal and disposal contract by Santos. The offshore decommissioning award is for the full removal and disposal of the Campbell platform structure, which is part of the Varanus Island Hub offshore infrastructure in Western Australia. Under the contract scope, McDermott will provide…
22 November 2023
Van Oord installs first turbine at South Fork offshore wind farm
Van Oord’s offshore installation vessel Aeolus successfully installed the first of 12 turbines at the South Fork offshore wind farm. South Fork is the first offshore wind project in the State of New York, a contribution to meeting the state’s ambitious clean energy and climate goals. Van Oord was chosen…
21 November 2023
Award of decommissioning services contract
MMA Offshore Limited (“MMA”) is pleased to announce that it has been awarded a contract by Timor Gap Drilling And Services, Unipessoal, LDA (a subsidiary of Timor Gap E.P.) in association with Santos Ltd to provide offshore decommissioning services in Timor-Leste. The multi-purpose support vessel, “MMA Prestige”, will be deployed…
21 November 2023
Well-Safe Solutions ink bp global master agreement for well engineering and decommissioning support services
Global well plug and abandonment specialists Well-Safe Solutions has agreed a global master agreement with bp lasting until at least September 2026, with two one-year contract extension options available. The agreement will see the well decommissioning specialists provide bp with project management, well engineering, engineering design and well decommissioning services.…
21 November 2023
Subsea7 awarded decommissioning contract in Brazil
Subsea 7 S.A. announced the award of a sizeable contract by Shell for the decommissioning of subsea infrastructure associated with the FPSO Fluminense in the Bijupirá and Salema fields of the Campos Basin, at 700m water depth. Subsea7’s scope includes the disconnection, recovery, and disposal of 10 flexible risers, three…
21 November 2023
Jan De Nul and Egypt join hands to bring green energy to Europe
The Egyptian government, represented by the Egyptian Electricity Transmission Company (EETC), signed a milestone agreement with Jan De Nul Group to start the study for the construction of an undersea export cable between Egypt and Europe. In late September, the Egyptian government reaffirmed its plans to build an undersea electricity…
20 November 2023
Over 80 offshore munitions cleared in historic breakthrough for marine conservation
Over 80 offshore munitions have been successfully removed from the Moray Firth without environmentally damaging High Order detonations, marking a ground breaking advancement in marine protection by offshore disposal specialists EODEX UK. This follows a lengthy ‘Stop Sea Blasts’ campaign by actress Dame Joanna Lumley to call for an end…
20 November 2023
Octopus Energy launches landmark £3bn offshore wind fund with Tokyo Gas
Octopus Energy’s generation arm - which manages £6 billion (€7 billion) of green energy projects - launches its first ever offshore wind fund. The fund, set up with a £190 million (€220 million) cornerstone investment from Japanese energy giant Tokyo Gas, plans to invest £3 billion (€3.5 billion) in offshore…
20 November 2023
TenneT and Statnett: Collaborating for a cross-border offshore grid in the North Sea
The transmission system operators TenneT and Statnett signed a Memorandum of Understanding (MoU) to explore the possibilities of a hybrid interconnector between Germany and Norway in the North Sea. With this connection, the two TSOs would not connect North Sea wind farms in one country, as is currently the case,…
20 November 2023
Pertamina-ExxonMobil Explores Carbon Capture Storage Hub Development
PT Pertamina (Persero) once again demonstrates its commitment to becoming a leading national energy company driving decarbonization programs in Indonesia. The commitment through collaboration with ExxonMobil, the U.S.-based energy company, is realized for the Carbon Capture Storage (CCS) hub development in the Java Sea with a capacity of up to…
17 November 2023
Corinth Pipeworks is awarded a contract to manufacture and supply the pipeline for OMV Petrom’s Neptun Deep Project in the Black Sea.
Corinth Pipeworks, as subcontractor of Sumitomo Corporation Europe Limited, will manufacture and supply approximately 160km of longitudinally submerged arc-welded steel pipes (LSAW) for the development of an offshore natural gas pipeline for OMV Petrom’s Neptun Deep project in the Black Sea. A major contract valued between EUR 100 and 150…
17 November 2023
10-year offshore service contract on Butendiek
Semco Maritime has been awarded a balance-of-plant service contract covering operations and maintenance on the offshore windfarm Butendiek located in the North Sea around 32 kilometres from the Island of Sylt near the German-Danish border. The windfarm has been operational since 2015 and comprises 80 Siemens 3.6 MW wind turbines…
17 November 2023
Jersey Oil and Gas plc ("Jersey Oil & Gas", "JOG" or the "Company") FPSO Acquisition
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, is pleased to announce that the owners of the Buchan field licences, JOG and NEO Energy ("NEO"), have executed agreements to acquire the "Western Isles" floating…
17 November 2023
Possible new interconnector between Denmark and Norway
Energinet and Statnett examining feasibility and potential benefits of a new hybrid interconnector between Denmark and Norway bringing offshore wind power ashore from offshore wind areas near a Danish energy island in the North Sea and from an area in the Norwegian part of the North Sea. Energinet and Statnett…
17 November 2023
Elia and Statnett will investigate the economic and technical feasibility of a hybrid interconnector that will link Norway to Belgium
The grid operators Elia (Belgium) and Statnett (Norway) are investigating the feasibility of constructing a high-voltage direct current (HVDC) hybrid interconnector that would link Belgium and Norway to offshore windfarms. If it is constructed, the subsea cable will link the high-voltage grids of both countries together whilst also being connected…
17 November 2023
Parkwind and partners defy autumn storms to complete installation of final towers and turbines at Arcadis Ost 1
Parkwind and partners defy autumn storms to complete installation of final towers and turbines at Arcadis Ost 1 The final three turbines of Parkwind’s 27-turbine Arcadis Ost 1 offshore wind farm were installed during the stormy autumn season in less than 8 days to complete construction of the world’s first…
16 November 2023
Fugro supports Ignitis Renewables with seabed survey for Lithuania’s first offshore wind farm
Ignitis Renewables, an international green energy company, has awarded Fugro a contract to conduct a geophysical survey at Lithuania's first offshore wind farm site. This critical step in the project's development aims to enhance the understanding of seabed conditions, which will inform the location, construction and design of future wind…
16 November 2023
Extension of Deepsea Aberdeen on Breidablikk Field
Odfjell Drilling Ltd. is pleased to announce that Equinor has exercised options for seven wells to extend the use of the Deepsea Aberdeen on the Breidablik field. The exercised options are planned to start in mid Q1 2025 in direct continuation of the current firm period and extend the firm…
16 November 2023
Boost for offshore wind as government raises maximum prices in renewable energy auction
The government has increased the maximum price for offshore wind projects in its flagship renewables scheme to further cement the UK as a world leader in clean energy. Following an extensive review of the latest evidence, including the impact of global events on supply chains, the government has raised the…
16 November 2023
Buchan Offshore Wind Completes Offshore Site Investigation
Buchan Offshore Wind, developer of a 1GW floating offshore wind farm off the northeast coast of Scotland, recently completed its offshore site investigations. The objective of the survey campaign was to identify and quantify geotechnical and environmental characteristics of both the development site and the export cable route. This information…