Activity News


Neptune Energy's CEO Set to Step Down. Replacement Named

Dec 10, 2021

Oil and gas firm Neptune Energy said Friday that Jim House has decided to retire from his role as Chief Executive Officer and from the Neptune Energy Board on December 31, 2021. Pete Jones, currently Neptune’s VP Operations, Europe, will succeed…

Saipem to Use 'Largest-ever' Vibratory Hammer at Calvados Offshore Wind Farm

Dec 10, 2021

Dieseko has secured a contract with Italian offshore services firm Saipem for the supply of the Vibratory Hammer used to install the monopiles on the Calvados offshore wind farm in France.Saipem in February 2021 secured a contract worth 460…

Shell Makes 'Material' Deepwater Oil Discovery in U.S. Gulf of Mexico

Dec 10, 2021

Oil major Shell has this week announced 'a material' discovery at the Blacktip North prospect in the U.S. Gulf of Mexico, ~220 miles SSE of Houston. Blacktip North is located in OCS block Alaminos Canyon (AC) 336, approximately 4.5 miles northeast of the recently appraised Blacktip discovery…

TechnipFMC Bags 'Large' Flexible Pipe Deal with Petrobras

Dec 10, 2021

Oilfield services giant TechnipFMC has signed three flexible pipe frame agreements with Brazil's Petrobras.'Altogether, the frame agreements form a large contract for TechnipFMC,' the company said. For TechnipFMC, a “large” contract is between $500 million and $1 billion…

Bilfinger, Global E&C JV Secures Work on Three CNR International's North Sea Platforms

Dec 10, 2021

Bilfinger UK and Global E&C have, under the newly formed Torus BGP brand, secured 'a major' contract with oil and natural gas production company CNR International.The two companies will collaborate to deliver operations and maintenance, engineering…

Horisont Energi, Equinor, Vår Energi in Polaris Carbon Storage Pact

Dec 10, 2021

Norwegian low-carbon tech firm Horisont Energi has entered a collaboration agreement with oil firms Equinor ASA and Vår Energi to develop the carbon transportation and storage project Polaris, off the coast of Northern Norway. As part of the agreement…

Chevron, Equatorial Guinea Pen Production Sharing Agreement for Offshore Block

Dec 10, 2021

Oil major Chevron and the government of Equatorial Guinea have signed a production-sharing agreement for an offshore block in the Douala Basin, oil minister Gabriel Mbaga Obiang Lima said on Thursday.The agreement grants Chevron 80% ownership over block EG-09…

Brazil Energy Council Puts 11 Pre-salt Blocks on Permanent Offer

Dec 09, 2021

Brazil's energy policy council CNPE authorized oil regulator ANP to put 11 pre-salt blocks in the Campos and Santos basins up for sale permanently, with a total signing fee estimated at 1.3 billion reais ($233 million), the government said on Thursday…

Danish Gov't Backs Carbon Capture and Storage Project Greensand

Dec 09, 2021

The Danish Energy Agency will award 197 million DKK (€26 million) to the INEOS-led consortium backing Project Greensand for carbon capture and storage in the North Sea.The project entails transporting CO2 by ship to the Nini West reservoir off…

Scotland's Largest: First Turbine Installed at Seagreen Offshore Wind Farm

Dec 09, 2021

The first offshore wind turbine has been installed at Seagreen, an SSE-TotalEnergies project which will become Scotland’s largest and the world’s deepest fixed bottom offshore wind farm once complete.The installation of the first Vestas V164-10…

Technip Energies’ Floating Offshore Wind Concept Making Progress

Dec 09, 2021

Technip Energies said Thursday it had received the acceptance of its basis of the design of its INO12TM floating offshore wind concept from classification society DNV.The company said that DNV's acceptance marked important progress towards the…

Nexans to Deliver Cables for 860MW Moray West Offshore Wind Farm

Dec 09, 2021

French power cable maker Nexans has won a contract for the supply of the onshore and offshore export cables for the 860MW Moray West offshore wind farm in the outer Moray Firth, Scotland.Subject to the award of a Contract for Difference in 2022 and Financial Close…

Norway: Lundin Gets OK to Drill at Melstein Prospect

Dec 09, 2021

The Norwegian offshore oil and gas safety regulator PSA Norway has granted Lundin Energy Norway consent to drill an exploration well in block 6306/9 in the Norwegian sea.Lundin Energy will use Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig for the operation…

NEO Energy Wraps Buy of Exxon's UK North Sea Fields

Dec 09, 2021

NEO Energy has completed the previously announced acquisition of a portfolio of non-operated oil and gas assets in the UK Central and Northern North Sea from ExxonMobil. The company made the announcement on Wednesday.North Sea-focused oil company…

Aker Solutions to Deliver Fifth Subsea Compression Module for Equinor's Åsgard Field

Dec 09, 2021

Norwegian firm Aker Solutions has won a contract with Equinor to deliver engineering, procurement, and construction (EPC) of a subsea compression module to be installed subsea at the Åsgard gas field, offshore Norway. The scope covers EPC of…

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