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29 August 2023
Borr Drilling Limited – Announcement of Letter of Award
Borr Drilling Limited has announced that its premium jack-up rigs “Prospector 5” and “Natt” have received a Letter of Award (“LOA”) for work in West Africa in direct continuation of their current contracts. The contracts will have a combined duration of 1,307 days and a total estimated contract value is…
29 August 2023
Expro to Enhance Subsea Well Access Offering with Acquisition of PRT Offshore
Expro, a leading provider of energy services, announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire offshore services provider, PRT Offshore. Total consideration to be paid at closing is approximately $106 million, including $62 million of cash and $44 million…
29 August 2023
Add Energy and bp sign agreement for well support
Add Energy has been appointed to a long-term Master Services Agreement for provision of well services and emergency well control services for bp. The agreement is valid for a period of ten years. Under the Master Services Agreement, Add Energy will provide well control engineering modelling services. “We are well…
29 August 2023
Maersk Supply Service will Focus on Scale and Competitiveness in Offshore Wind and Offshore Support Vessels
By focusing on fewer business areas and regions, Maersk Supply Service will increase its presence in core markets, increase synergies in its operations and improve profitability. Going forward its two core business areas will be offshore wind and offshore support vessels (OSV). The offshore vessel markets continue to improve, and…
28 August 2023
Hellenic Cables S.A. is awarded an EPCI contract for the grid interconnection of the Western Offshore Sub Station of Gennaker Offshore Wind Farm in Baltic Sea, Germany
Hellenic Cables, the cables segment of Cenergy Holdings, was awarded a contract by 50Hertz Offshore GmbH for the turnkey delivery of two export cable systems for the interconnection to the German grid of the Western Offshore Sub Station of Gennaker, an offshore wind farm with capacity of approx. 927MW located…
28 August 2023
Westwood Insight – Nigeria’s oil and gas sector set to liven up with 140 new wells drilled year-on-year to 2030
Nigeria, traditionally Africa’s largest oil producer, has seen its oil and gas (O&G) production struggle to maintain its potential output for much of the last decade. For a country that boasts abundant O&G reserves of 37,100 mmbbls and 206 tcf, production remains well below the average of 3 mmboepd seen…
28 August 2023
First Gas Production from SK318 Timi Field
PETRONAS is pleased to announce that the Timi field in Block SK318, located approximately 200km off the coast of Sarawak, offshore Malaysia has achieved its first gas production on 22 August 2023. Block SK318 is operated by Sarawak Shell Berhad with a 75 per cent participating interest, in partnership with…
28 August 2023
Eni starts production from Baleine Field in Côte d’Ivoire with its partner PETROCI
Eni has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d’Ivoire. This milestone comes less than two years after the discovery in September 2021 and less than a year and a half after the Final Investment Decision. This marks the first emissions-free…
25 August 2023
QatarEnergy awards Técnicas Reunidas additional EPC off-plot facilities work for North Field South Project
QatarEnergy has awarded Técnicas Reunidas additional Engineering, Procurement and Construction (EPC) work including the pipelines, interconnections, ancillary systems, and other supporting components for the LNG Offplot facilities for the North Field South Project. This award reinforces the relationship between QatarEnergy and Técnicas Reunidas which is currently executing the EPC works…
25 August 2023
Nova East Wind to develop Canada’s First Offshore Wind Project off Goldboro Nova Scotia
Nova East Wind Inc, a joint venture between DP Energy and SBM Offshore, was established to develop Canada’s first offshore wind farm. The proposed floating offshore wind farm project, with a generation capacity of 300-400 MW, would be located approximately 20-30km off Goldboro, Nova Scotia. This stepping-stone project has the…
25 August 2023
Production start for Statfjord Øst project
With this project, Equinor and its partners expect to increase production by 26 million barrels of oil equivalents from Statfjord Øst. The project is completed with sound safety results and is expected to deliver within estimated cost, despite the inflation and weakened Norwegian krone. Production starts six months ahead of…
25 August 2023
Aker Solutions and Mocean Energy to explore low-carbon solutions
Aker Solutions Subsea and Mocean Energy will explore low-carbon solutions that increase the lifetime of brownfield energy infrastructure by using locally generated ocean power to tie-back stranded reservoirs. A pilot project in UK waters is being planned. Wave energy could help tap new reserves from well-used oil and gas infrastructure…
24 August 2023
ROVOP secures new long term contract award from Energean PLC
ROVOP, a leading supplier of subsea Remotely Operated Vehicles (ROVs) to the energy industry, has secured a new five-year contract with Energean PLC, the leading independent, gas-focused E&P company in the Eastern Mediterranean. This milestone contract is ROVOP’s first dedicated field support award for an E&P company. The ROV system…
24 August 2023
SLM project from Equinor awarded to Ocean Installer
Yet another adventure awaits on the horizon with this SLM project from Equinor! Ocean Installer was awarded the Subsea Lines Modification (SLM) Project 2023-2025, covering work at Visund, Vigdis, Åsgard fields and Northern Lights CO2 Pipeline. The award constitutes riser replacements at Vigdis, Visund and Åsgard fields, with engineering commencing…
24 August 2023
TechnipFMC Awarded Significant Installation Contract by TotalEnergies for Girassol Life Extension Project
TechnipFMC has been awarded a significant(1) contract to install flexible pipe and associated subsea structures for the Girassol Life Extension project (GIR LIFEX) by TotalEnergies EP Angola and its Block 17 Partners. The Company was previously awarded the engineering, procurement, and supply of subsea flowlines and connectors for GIR LIFEX…
24 August 2023
The world's largest floating offshore wind farm officially opened
The Hywind Tampen wind farm was opened by Crown Prince Haakon of Norway. Gullfaks and Snorre are the first oil and gas fields in the world to receive power from offshore wind, reducing CO2 emissions. "Hywind Tampen is expected to reduce CO2 emissions with 200,000 tonnes annually from key oil…
24 August 2023
Norwegian gas production increases on start-up of Dvalin field
Wintershall Dea has started production from the operated Dvalin gas field in the Norwegian Sea together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market. The field helps underpin Norway’s position as Europe’s largest gas supplier: On plateau, Dvalin is planned to produce…
24 August 2023
Norwegian gas production increases on start-up of Dvalin field
Wintershall Dea has started production from the operated Dvalin gas field in the Norwegian Sea together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market. The field helps underpin Norway’s position as Europe’s largest gas supplier: On plateau, Dvalin is planned to produce…
23 August 2023
Equinor appoints DeepOcean at Troll B
Ocean services provider DeepOcean has been awarded a contract by Equinor to support the Troll B – Increased Gas Export project, located in the northern part of the North Sea. The Troll B– Increased Gas Export project involves a replacement of the current 15” gas export riser with a new…
23 August 2023
New oil discovery near the GNN oil field in the Gulf of Suez
Cheiron is pleased to announce that it has made a new oil discovery in the Geisum and Tawila West Concession (“the Concession”) in the Gulf of Suez. Cheiron (through its PICO GOS affiliate) holds a 60% working interest and operatorship in the Concession, with Kufpec holding the remaining 40% interest…
23 August 2023
Minesto completes build and functional testing of sea-bed connection system for the 1.2-Megawatt powerplant Dragon 12
Minesto, leading ocean energy developer, has completed build and functional testing of sea-bed connection system for the 1.2-Megawatt power plant Dragon 12. The unique connection system, enabling one of the fastest launch and recovery operation in marine energy by “one-stab” operation, is now ready for installation. The Dragon 12 connection…
23 August 2023
Major milestone for Muir Mhòr project with completion of geophysical and environmental survey
The joint venture partners behind the Muir Mhòr Offshore Wind Farm project have hit a major project milestone with the completion of preliminary geophysical and environmental surveys. With marine survey services provider EGS International mobilising survey work on the EGS Ventus in April 2023, the four-month campaign completed in early…
22 August 2023
Energy efficiency will cut emissions at Statfjord C
Equinor and partners will replace two gas turbines with heat recovery to produce electric power. This will reduce annual CO2 emissions by 95,000 tonnes. Statfjord C will change its power solution to cut emissions. A new steam turbine will produce electricity based on surplus heat from two gas compressors. This…
22 August 2023
Correll Group secures further contract from Seaway 7
The Correll Group, Electrical Engineering Division is pleased to announce that it has been contracted by Seaway 7 to complete the termination and testing of 29 66kV inter-array cables (IAC) and four landfall export cables on Zhong Neng Offshore Wind Farm. Scope of work also includes pre and post engineering…
22 August 2023
TotalEnergies acquires a 40% interest in a CO2 Storage exploration license
TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project). Located 120 km offshore Bergen in 200 m water depth, ExL004 covers an area…
22 August 2023
MODEC’s FPSO Anita Garibaldi MV33 achieves First Oil and starts 25-year time charter
MODEC, Inc. announced that the FPSO Anita Garibaldi MV33 achieved First Oil production on August 16th, 2023. Deployed for production operations at the Marlim field in the Campos Basin off the coast of Brazil, the FPSO is leased on a 25-year time charter contract to Petróleo Brasileiro S.A. (“Petrobras”), the Brazilian…
21 August 2023
Reach Subsea awarded European contract
Reach Subsea ASA, the trusted data and subsea service provider for ocean-based industries, has received a notice of contract award, subject to successful contract negotiation, from a major European energy provider. The potential contract has a duration of approximately 75 vessel days and is scheduled for execution in the fourth…
21 August 2023
Three companies offered acreage for CO2 storage in Norwegian North Sea
Three companies have been offered exploration licences for CO2 storage in one area in the Norwegian North Sea. The companies are Sval Energi AS, Storegga Noway and Neptune Energy Norway. The authorities have reviewed applications from five companies following announcement of one suitable acreage in January 2023. This is the…
21 August 2023
Implenia and WindWorks Jelsa agreed to develop a production facility in Norway for Europe’s growing floating offshore wind industry
Implenia and WindWorks Jelsa signed an investment as well as a shareholders’ agreement to develop a state-of-the-art production and assembly facility for large concrete or steel structures for the floating offshore wind industry at Norway’s west coast. Implenia and NorSea will become equal minority shareholders (approx. 41% each) in WindWorks…
21 August 2023
INPEX and Total acquire interest in the Cash-Maple gas discoveries
TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in…
18 August 2023
PGS and inApril Enter Strategic Collaboration
PGS has entered a one-year strategic collaboration with inApril for the hybrid towed streamer and ocean bottom node market. “The strategic collaboration with inApril expands our service offering and capabilities in the contract and MultiClient acquisition segments, and further enhances PGS’ position in a recovering seismic market”, says Rune Olav…
18 August 2023
Oil and gas discovery near the Fram field in the North Sea
Equinor Energy AS, operator of production licence 090, has concluded the drilling of wells 35/11-26 S and 35/11-26 A. The wells were drilled about 4 kilometres west of the Fram field and 130 kilometres northwest of Bergen. The primary exploration target for wildcat well 35/11-26 S was to prove petroleum…
18 August 2023
Fugro's metocean survey for Salamander offshore wind farm project supports the UK's net-zero future
Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea 7, has appointed Fugro to conduct a comprehensive metocean survey for the proposed Salamander offshore wind farm project. Located 35 km off the coast of Peterhead, Scotland, the 100 MW project will use innovative floating offshore wind technologies to…
18 August 2023
BOEM Identifies Draft Wind Energy Areas Offshore Oregon for Public Review and Comment
As part of the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030 and 15 gigawatts of floating offshore wind by 2035, the Bureau of Ocean Energy Management (BOEM) today identified two draft Wind Energy Areas (WEAs) off the coast of Oregon and opened a…
17 August 2023
Pipeline seabed geophysical survey contract award : Anning & Somerville fields
A contract for a Geophysical Survey of pipeline routes, covering the Anning and Somerville field developments has been awarded to Gardline Limited following a competitive tender and evaluation process. • Mobilisation of the Gardline Vessel “Ocean Observer” to the Anning and Somerville field locations is expected to occur during September…
17 August 2023
Petrobras on FPSO Anita Garibaldi
Petróleo Brasileiro S.A. – Petrobras informs that it put into production, the Anita Garibaldi platform ship in the Campos Basin. Of the FPSO type (floating system that produces, stores and transfers oil), the unit will operate simultaneously in the post-salt and pre-salt of the Marlim and Voador fields. With a capacity…
17 August 2023
Mainstream Renewable Power and Ocean Winds partner on second ScotWind floating offshore wind site
Mainstream Renewable Power (“Mainstream”), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm…
17 August 2023
Strohm’s TCP installed on giant Liza field in the Americas
Strohm’s first deep-water / high pressure thermoplastic composite pipe (TCP) Jumper in South America has been successfully installed, commissioned and is up and running for ExxonMobil Guyana at its Liza field. The Jumper, incorporating advanced carbon fiber and polyamide12 materials, is used for Water Alternating Gas (WAG) injection and was…
16 August 2023
Eco Wave Power is Officially Connected to Israeli Electrical Grid: The EWP-EDF One Station Supplies First Wave Energy to Country’s Power Supply
Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) (“Eco Wave Power” or the “Company”), a leading, publicly traded onshore wave energy developer, announced today that its station at the Port of Jaffa in Tel Aviv, EWP-EDF One, has officially connected to Israel’s national electrical grid – making it…
16 August 2023
Dyna-Mac Partners with Kim Heng to Capitalise on Opportunities in FPSO Module Fabrication Sector
The board of directors has announced that Dyna-Mac Engineering Services Pte Ltd, the wholly-owned subsidiary of the Company, had signed a MOU with offshore marine services contractor Kim Heng Marine & Oilfield Pte Ltd, a wholly-owned subsidiary of Kim Heng Ltd. (“Kim Heng”) where Kim Heng will support Dyna-Mac on…
16 August 2023
Dyna-Mac and BW Offshore to Pursue Global Carbon Capture and Storage Projects
Dyna-Mac Holdings Ltd, a global leader in the design and construction of modules for the Hydrocarbons industry, today announced that its wholly owned subsidiary, Dyna-Mac Engineering Services Pte Ltd (“DMES”), has signed a memorandum of understanding (“MOU”) with BW Offshore Holdings Pte Ltd (“BW Offshore”) to jointly pursue Carbon Capture…
16 August 2023
Wintershall Dea awarded first CCS Licence in the United Kingdom
Wintershall Dea is intensifying its carbon capture and storage (CCS) activities in the Southern North Sea. The company has been awarded a new licence by the North Sea Transition Authority (NSTA) to store CO2 under the seabed. The Camelot licence’s annual storage potential is up to 6 million tonnes and…
15 August 2023
NKT awarded the contract for export power cables for the Baltic Power Offshore Wind Park
NKT has signed the order for the power cable system for the Polish offshore wind project Baltic Power. The project is important for the transition to renewable energy in Poland and the national ambitions of up to 11 GW offshore wind installed by 2040. NKT awarded the contract for export…
15 August 2023
SFL – New $100 Million Contract for Semi-Submersible Rig Hercules
SFL Corporation Ltd. announced that it has signed a drilling contract in Canada with a subsidiary of Equinor ASA for the harsh environment semi-submersible rig Hercules. The estimated contract value is approximately $100 million. The contract is for one well plus one optional well, and is expected to commence in…
15 August 2023
Licence award for Perenco’s Poseidon Carbon Capture and Storage (CCS) project
On completion of the North Sea Transition Authority’s (NSTA’s) first competitive Carbon Storage licence round, Perenco UK and partner Carbon Catalyst Ltd (CCL) are pleased to announce that they have been awarded a licence to progress the Poseidon carbon capture and storage (CCS) project encompassing the Leman gas fields. Leman…
15 August 2023
Auction success for RWE: 1.6 gigawatts of offshore wind secured in the German North Sea
The German Federal Network Agency announced that RWE has been granted awards for Nordseecluster B. This involves the N-3.6 and N-3.5 sites in the German North Sea, on which RWE intends to develop, build and operate two wind farms with a total capacity of 900 megawatts (MW). RWE secured the…
14 August 2023
DemoSATH has achieved a key project milestone with the offshore installation
The DemoSATH project has achieved a significant milestone with the successful installation of its 2MW innovative floating wind platform demonstrator in open sea waters. The operation, carried out by the Windstaller Alliance, used their anchor handling vessel, the Normand Sapphire, along with local tugboats, to tow DemoSATH from the construction…
14 August 2023
The Danish Energy Agency postpones the second tender for CO2 storage permits in the North Sea
The second offer of offshore permits for exploration and use of the subsoil for storing CO2 in the North Sea is now being postponed. According to the CO2 tender order, the tender was to open on 15 August 2023. The first tender for offshore permits for exploration and use of…
14 August 2023
DeepOcean becomes supplier for Nordseecluster A
RWE has appointed ocean services provider DeepOcean as preferred supplier of subsea installation services in connection with the Nordseecluster A offshore wind development off the German coast. The Nordseecluster combines four wind farm sites in the eastern part of the German North Sea into a 1.6 GW project, consisting of…
14 August 2023
Saipem awarded two new contracts for a total value of around 700 million USD
Saipem has been awarded two new contracts, the first by Eni Congo and the other by bp, for a total value of around 700 million USD. The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and…