Activity News


Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

May 23, 2022

The MS-1 semi-submersible offshore drilling rig has arrived at the Sasanof-1 exploration well location on the North West Shelf, off Australia, the oil and gas company Western Gas, the Sasanof license holder, said Monday.The drilling rig completed…

Eni, TotalEnergies Start Drilling on Cronos-1 Prospect Offshore Cyprus

May 23, 2022

Italy's Eni and TotalEnergies of France began drilling an exploration gas well off the coast of Cyprus on Monday, the island's energy ministry said.The Tungsten Explorer drillship arrived on location south-west of the island on Monday and started drilling work on the 'Cronos-1' prospect…

Output from IOG's Southern North Sea Fields Shut Over Issues with Onshore Terminal

May 23, 2022

UK-based oil and gas company IOG said Monday that production from its recently launched Blythe and Elgood gas fields in the UK North Sea has been shut-down due to Perenco Bacton terminal's issues with handling the fields' condensate.Blythe and Elgood…

EDF, ORCA Hub in 'First' Autonomous ROV Wind Farm Foundation Inspection

May 23, 2022

EDF Renewables has deployed a customized remotely operated vehicle (ROV) to carry out what is believed to be the first autonomous wind farm foundation inspection at its Blyth offshore wind farm in the UK.The ROV was modified to include cutting…

Crew Transfer Firm OceanXpress Taps Peterson for Agency Services

May 23, 2022

Energy logistics provider Peterson has won a logistics contract with OceanXpress, a recently formed joint venture between Dutch companies Damen and Ampelmann.Damen Shipyards and offshore gangway specialist Ampelmann launched the joint venture…

S. Korea Court Dismisses Application Against Barossa Pipeline Funding

May 23, 2022

A South Korean court has dismissed an application from a group of Indigenous Australians to block South Korean export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.People…

Halliburton, Aker BP to Develop 'Next-gen' Field Development Software

May 23, 2022

Oilfield services giant Halliburton has partnered up with the Norwegian oil and gas company Aker BP to co-develop what it says will be next-generation field development planning software. 'The collaboration delivers a new cloud application – Field Development Planning (FDP) – from Halliburton…

Gerhard Schroeder Steps Down from Rosneft Board after EU Sanctions Threat

May 23, 2022

Russia's state-owned oil company Rosneft said on Friday that former German chancellor Gerhard Schroeder and German businessman Matthias Warnig were stepping down from its board of directors.The European Parliament had urged on Thursday that Schroeder…

BW Ideol Inks Deal with EDF, Maple Power for Floating Wind Project in Mediterranean

May 23, 2022

BW Ideol, a company that builds foundations for floating wind farms, has signed an agreement with the EDF Renouvelables and Maple Power consortium to cooperate on the design of floating foundations for the AO6 floating offshore wind tender in the French section of the Mediterranean Sea…

BW Offshore: One-year Charter Extension for FPSO in Ivory Coast

May 23, 2022

FPSO leasing firm BW Offshore has secured a one-year contract extension for the lease and operation of the FPSO Espoir Ivoirien. The firm period has been extended until the end of Q1 2023.The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International (Cote D'Ivoire) SARL…

Iran, Oman Eye Joint Development of Hengam Offshore Oil Field

May 23, 2022

Iran and Oman have agreed to form a committee to jointly develop the Hengam oil field, which straddles both countries' sea border, Iran's semi-official Fars news agency reported its oil minister Javad Owji as saying on Monday.In 2005, both countries…

Siemens Energy Launches $4.3B bid for Remaining Stake in Wind Turbine Maker Siemens Gamesa

May 23, 2022

Siemens Energy on Saturday launched a 4.05 billion euro ($4.28 billion) bid for minority holdings in struggling wind turbine unit Siemens Gamesa, hoping to remove a complex ownership structure that has weighed on its shares.The bid at 18.05 euros per share constitutes a premium of 27…

Wintershall DEA Sells Stakes in Three Offshore Fields in Norway to OKEA

May 23, 2022

German oil and gas company Wintershall Dea has agreed to sell a 35.2% share in the Brage field and a 6.46% share in the Ivar Aasen field, as well as 6% of the Nova development, all offshore Norway, to the Norwegian oil firm OKEA.OKEA will pay a fixed consideration of USD 117…

Enauta Gets Nod for New Atlanta Field Plan. Concession Extension Granted, Too

May 20, 2022

Brazilian oil and gas company Enauta has received approval from the Brazilian authorities for the new development plan for its Atlanta field in the Santos Basin. The authorities have also approved an 11-year extension of the Atlanta Field concession term…

UK Picks Offshore Wind Champion. Opens $200M Floating Wind Fund for Expressions of Interest

May 20, 2022

The UK government on Friday appointed Tim Pick as the UK's first Offshore Wind Champion, as a £160 million (around $199,6 million) floating offshore wind fund opens for expressions of interest.'Ambitious plans to expand offshore wind around…

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