Bid Round News

 

Equinor Finds Gas Near Castberg Field in Barents Sea

Jul 10, 2025

Equinor and its partners have made a gas discovery in the Skred prospect, located near the Johan Castberg field in the Barents Sea, off Norway.The 7220/5-4well was drilled about 23 kilometers north of discovery well 7220/8-1 on the Johan Castberg field in the Barents Sea and 210 kilometers northwest of Hammerfest.Preliminary calculations indicate the size of the discovery is between 0.3 and 0.5 billion standard cubic metres (Sm3) of recoverable gas…

French Wave Energy Firm Closes Multi-Million-Dollar Fundraiser

Jul 07, 2025

French company Seaturns has raised $2.9 million to industrialize its wave energy technology and accelerate large-scale deployment.The funding round, carried out primarily through the Keenest platform, also received strong support from long-standing…

OEG to Assist with Inch Cape Offshore Wind Farm Buildout

Jul 02, 2025

Energy solutions business OEG has signed a significant multi-million-dollar contract to support the construction phase of the Inch Cape offshore wind farm in Scotland, being developed by ESB and Red Rock Renewables.Over 100 OEG personnel will support the delivery of this contract…

Guyana Searches For Company to Build NGL Facility

Jun 30, 2025

Guyana is looking for a company willing to build a natural gas liquids (NGL) facility as part of efforts to monetize its offshore gas reserves, according to a notice published by the South American government on Sunday.The storage and offloading facility would receive about 4…

Equinor Strikes Oil in Johan Castberg Area of Barents Sea

Jun 30, 2025

Equinor has found oil in an exploration well, dubbed Drivis Tubåen, on the Johan Castberg field in the Barents Sea.The well, 7720/7-DD-1H, was drilled in the Drivis structure on the Johan Castberg field. According to preliminary estimates, the size of the discovery is 9-15 million barrels of oil…

Hanwha Ocean’s FPSO Cybersecurity Concept Gets ABS’ Nod

Jun 27, 2025

A new cybersecurity solution from Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units received approval in principle (AiP) from American Bureau of Shipping (ABS).Hanwha Ocean…

Siemens Gamesa Talks European Production with Chinese Rare Earth Suppliers

Jun 26, 2025

Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China…

Sierra Leone Awaits Seismic Survey Results Ahead of Possible Oil and Gas Round

Jun 26, 2025

Sierra Leone will wait for the results of a recently-launched offshore 3D seismic survey, its first in over a decade, ahead of potentially opening its next oil and gas licensing round later this year, a senior government official said on Thursday…

Equinor Drills Dry Well in North Sea

Jun 26, 2025

Equinor and its partners have drilled a dry wildcat well on the Lit prospect in the North Sea.The well 25/11-30 S was drilled in production license 169, which was awarded in the 13th licensing round on the Norwegian continental shelf (NCS) in 1991…

Brazil Greenlights Additional Pre-Salt Oil Auction to Lift Revenue

Jun 26, 2025

Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget…

Shell Rules Out BP Acquisition, Bound by UK Regulations

Jun 26, 2025

Shell has not bid for BP and is not actively considering such a move, it said on Thursday, adding it was bound by UK regulations which mean such a statement ban it from making a bid for BP for the next six months.The Wall Street Journal cited…

BOEM Looks to Open 80 million Acres for Oil and Gas Lease Sale

Jun 25, 2025

The Bureau of Ocean Energy Management announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America.As directed by Secretary of the Interior and outlined in the PNOS, Lease Sale 262 will offer approximately 15…

Siemens Gamesa to Help Build Japan’s Offshore Wind Supply Chain

Jun 24, 2025

Japan's industry ministry will sign an agreement with Siemens Gamesa Renewable Energy on Tuesday to establish a framework for public-private cooperation aimed at building local supply chains for offshore wind power, a ministry official said…

Equinor and Gwynt Glas Secure Rights to Build Floating Wind Farms off UK

Jun 19, 2025

Equinor and Gwynt Glas, a joint venture between EDF Renewables UK and ESB, have secured seabed leases to develop floating wind farms off the coasts of Wales and South West England in Celtic Sea.The announcement was shared by the Crown Estate…

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Jun 19, 2025

Idemitsu Kosan Co has acquired interests in two oil and gas blocks located off the coast of Sarawak in Malaysia from South Korean SK earthon, and signed production sharing contracts (PSC) for the developments.The acquired interests are for the Block SK427…

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