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08 Apr 24
Brazil: Seacrest Petroleo and PetroReconcavo enter strategic drilling services partnership
Seacrest Petroleo and PetroReconcavo have entered into a drilling rig services partnership. Under this strategic partnership, PetroReconcavo has mobilised a drilling rig to commence drilling by the end of April. This allows Seacrest Petroleo to accelerate the restart of its 300-well infill drilling program, the largest onshore Brazil, leveraging the track-record of the most experienced onshore drilling capability in Brazil.
08 Apr 24
Australia: Angel CCS JV to collaborate with Yara Pilbara on carbon capture and storage
The Angel CCS Joint Venture will collaborate with Yara Pilbara Fertilisers to study the feasibility of using carbon capture and storage to decarbonise Yara Pilbara’s existing operations near Karratha in Western Australia. The Woodside Energy-operated Angel CCS Joint Venture is proposing to develop a large-scale, multi-user CCS hub with the potential to help Australian and international industry decarbonise.
08 Apr 24
Canada: Baker Hughes to supply electric driven liquefaction technology for Cedar LNG project
Baker Hughes, an energy technology company, has been awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies.
08 Apr 24
Yinson Production holds naming ceremony for FPSO Maria Quitéria
Yinson Production has officially named FPSO Maria Quitéria during a grand naming ceremony held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on 3 April 2024. The FPSO will be deployed in the Jubarte field as part of the Parque das Baleias Integrated Project offshore Brazil for Petrobras under a 22.5-year lease.
08 Apr 24
Qatar: Craig International underlines growth in the Middle East with new contract win
Craig International’s rapid growth in the Middle East has been underpinned by a recent contract win with QatarEnergy LNG, formerly Qatargas. The procurement specialists to the energy industry secured the contract, to source and supply products and services for maintenance, repair, and operations (MRO).
08 Apr 24
Siem Offshore agrees to sell nine of its vessels to major shareholder
Siem Offshore has agreed to sell 9 of its vessels (Siem Barracuda, Siem Stingray, Siem Opal, Siem Pearl, Siem Topaz, Siem Pilot, Siem Pride, Siem Symphony and Siem Thiima) to the major shareholder Siem Sustainable Energy and related companies in exchange for 35% of the Company’s shares.
08 Apr 24
Shearwater Geoservices completes USD 700 million debt refinancing
Shearwater Geoservices, the world’s leading marine seismic acquisition company, has successfully completed the refinancing of its long-term secured debt portfolio to strengthen the platform for sustainable value creation. The Company raised USD 700 million in a new debt refinancing deal.
08 Apr 24
South Korea: Korea: RWE awarded Electricity Business Licence for the development of Seohae offshore wind farm
RWE has been awarded a 495-megawatt (MW) Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea to develop the Seohae offshore wind project, located approximately 45 kms off the coast of Taean County in South Korea’s Chungcheongnam Province.
08 Apr 24
Finland/Estonia: Balticconnector’s repair work completed – next, on to commissioning
The repairs of the Balticconnector offshore pipeline have been completed according to plans, and the integrity and strength of the pipe have been tested with a water pressure test. Alongside the sea operation, the preparatory work phases for the pipeline’s commissioning have also begun, the implementation of which will take place from land areas in Estonia and Finland.
08 Apr 24
Brazil: Seacrest Petroleo reports CPR confirms long-term production guidance and rapid growth trajectory
Seacrest Petroleo has announced the release of an updated Competent Person’s Report with estimates of the Company’s oil and gas reserves as of 31 December 2023.
05 Apr 24
US: TDI-Brooks completes large survey campaign off New York and New Jersey
TDI-Brooks conducted an extensive site investigation program in two offshore wind blocks in state and federal waters. The projects involved surveying in excess of 20,000 line-kms of analogue and either single or multi-channel seismic in lease blocks and cable routes along the coasts of New York and New Jersey.
05 Apr 24
Borr Drilling announces contracting update
Borr Drilling has received a notice of temporary suspension of operations for its rig 'Arabia I', operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months, and is expected to commence in the second quarter. The Company intends to seek alternative engagement for the rig while on suspension.
05 Apr 24
Shell provides first quarter 2024 update note
Shell has provided an update to the first quarter 2024 outlook which gives an overview of the Company's current expectations for the first quarter.
05 Apr 24
Italy: Baker Hughes to supply Snam with hydrogen-ready technology to support decarbonization and resilience of the Italian gas network
Baker Hughes, an energy technology company, has been awarded a contract to be booked in the first quarter of 2024 from Snam, Europe’s leading operator in natural gas transportation, storage and regasification, to provide three NovaLT 12 gas turbine driven compressor trains for a new gas compressor station in Sulmona, Italy.
05 Apr 24
UK: New deal signed for offshore wind innovators to continue driving forward solutions in real-world conditions
The Offshore Renewable Energy (ORE) Catapult and Vattenfall have signed a three-year extension on their testing and demonstration collaboration at Aberdeen Offshore Wind Farm. The partnership at the 96.8MW offshore wind test and demonstration facility first began in 2019.
04 Apr 24
DeepOcean awarded frame agreement for subsea infrastructure and cable repair by Equinor
Equinor has awarded ocean services provider DeepOcean a frame agreement for marine services covering subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore renewables and oil and gas fields. The agreement is valid for four years, with options to extend it for up to four more years. Geographically the agreement is valid for work on the Norwegian continental shelf and internationally.
04 Apr 24
Cote d'Ivoire: President Mattarella visits Eni's projects in Côte d'Ivoire
Eni today (April 4) welcomed the President of the Italian Republic Sergio Mattarella at its facilities in Abidjan. The meeting comes as part of President Mattarella's first State visit to Côte d'Ivoire. The President visited a gas transportation facility along the road to Grand Bassam. Gas produced from the Baleine field is fed into the Ivorian energy grid, powering electricity generation in the country.
04 Apr 24
US: Chevron invests in carbon capture and removal technology company, ION Clean Energy
Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., has announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION raised $45 million in Series A financing led by CNE.
04 Apr 24
Valaris announces contract suspension for jackup VALARIS 143
Valaris has announced that ARO Drilling, its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I).
04 Apr 24
Norway: Reducing emissions from Sleipner and Gudrun
The Sleipner field centre, along with the Gudrun platform and other associated fields, is now partly operating on power from shore. This will reduce annual emissions from the Norwegian continental shelf (NCS) by 160,000 tonnes of CO2.
04 Apr 24
Iraq: DNO Kurdistan operations recover rapidly from torrential flooding
DNO, the Norwegian oil and gas operator, has announced that production and field operations at its operated Tawke license (DNO 75 percent) in the Kurdistan region of Iraq have recovered from torrential flooding that also washed away large sections of the banks of the Khabur River, damaging roads and interfering with loading of tanker trucks for deliveries to buyers.
04 Apr 24
UK: Green Volt, leading floating offshore wind project, advances with onshore planning approval
Leading offshore wind developers Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have announced that its floating offshore wind project Green Volt has been granted full onshore planning approval. This marks a significant milestone in the development of the most progressed commercial-scale floating wind farm in Europe.
04 Apr 24
US: Biden-Harris administration approves eighth offshore wind project
The Biden-Harris administration has announced its approval of the New England Wind offshore wind project – the nation’s eighth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. With today’s approval, the Department of the Interior has approved more than 10 gigawatts of clean energy from offshore wind projects - enough to power nearly 4 million homes.
04 Apr 24
Thailand: PTTEP signs MoU with Kasetsart University on E&P research and professional development, leading to advance CCS technology in Thailand
PTTEP and Kasetsart University have jointly signed the Memorandum of Understanding (MoU) under the 'PTTEP Subsurface University Energy Connect' project. The collaboration is aimed to carry out research study on geoscience and petroleum engineering, develop professionals in petroleum exploration and production, and explore for carbon storage sites.
04 Apr 24
Subsea7 awarded subsea contract
Subsea7 today announced the award of a sizeable contract that will be recognised in the backlog of its Subsea and Conventional business unit in the second quarter 2024. The contract is subject to final investment decision, expected in the coming weeks. Offshore activities are scheduled for 2026.
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