Cygnus%20 News

Serica Energy Concludes Stake Acquisition in North Sea Field

Feb 26, 2024

UK-based oil firm Serica Energy has completed the acquisition of 30% non-operated interest in two licenses in the Greater Buchan Area from Jersey Oil & Gas.The acquisition of interests in the P2498 and P2170 licenses, which together form the Greater Buchan Area…

Sapura Energy Boosts Decommissioning Offer for Southeast Asia

Feb 26, 2024

Malaysia-based offshore services firm Sapura Energy has teamed up with AF Offshore Decom to launch Kitar Solutions, in a strategic move to address the growing market need for integrated decommissioning services in Southeast Asia.Kitar Solutions…

Perenco Spuds Appraisal Well Offshore Gabon

Feb 22, 2024

Perenco Oil & Gas Gabon (POGG) has started drilling an appraisal well in the vicinity of the Hylia South West discovery offshore Gabon, using Dixstone’s BANBA jack-up rig.The field was discovered in December 2022 through the exploration well…

Yantai Dual-fuel Methanol WTIV Design Receives ABS Approval

Feb 21, 2024

Classification society ABS reports it has issued approval in principle (AIP) to Chinese shipbuilder Yantai CIMC Raffles Offshore Ltd. for its design of a dual-fuel methanol, heavy-duty, offshore wind turbine installation vessel (WTIV).The WTIV…

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

Feb 21, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…

Shell Starts Oil Production from Deepwater Project in Gulf of Mexico

Feb 23, 2024

Shell Offshore, a subsidiary of UK-based energy major Shell, has started production at Rydberg, a subsea tie-back to its Appomattox production hub in the Gulf of Mexico.With an estimated peak production of 16,000 barrels of oil equivalent per day (boe/d)…

Aker BP Set for New Drilling Campaign with Noble’s Jack-up Rig

Feb 19, 2024

The Norwegian Ocean Industry Authority (Havtil) has granted Aker BP consent for exploration drilling in the North Sea, which will be conducted using Noble Corporation’s Noble Integrator jack-up rig.The consent is for 24/6-5 exploration well in the North Sea at the Alvheim Deep prospect…

Maine Selects Sears Island as Preferred Site for Floating Wind Port Facility

Feb 21, 2024

The government of Maine has selected a section of state-owned area on Sears Island as its preferred site for a port facility development that will support the floating offshore wind industry.The selection of the site, announced by the Governor of Maine Janet Mills…

BlueNord Confirms Tyra Gas Field March Restart

Feb 20, 2024

Denmark's Tyra natural gas field remains on track to restart production by the end of March, BlueNord, a partner in the TotalEnergies-operated development, said on Tuesday.Denmark's largest gas field, which was temporarily shut for redevelopment in 2019…

UK Logistics Firm Gets BP’s Job Across 16 Sites Offshore Trinidad

Feb 20, 2024

Material management and logistics provider ASCO has secured a five-year contract with BP Trinidad and Tobago to provide its services across 16 offshore locations in Trinidad.Under the contract, which came into effect at the start of 2024, ASCO…

TotalEnergies and Eni Confirm ‘Excellent Well Deliverability’ at Gas Discovery Offshore Cyprus

Feb 15, 2024

TotalEnergies and Eni, the equal partners in Block 6 offshore Cyprus, have completed the drilling and production test of the Cronos-2 appraisal well, confirming excellent deliverability and well production capacity in excess of 150 mmscfd.The…

ONGC Plans Rouble Payment for Sakhalin 1 Stake

Feb 12, 2024

Indian oil company ONGC Videsh Ltd (OVL) is in talks with the Russian government to pay its contribution to the Sakhalin-1 abandonment fund in roubles, a company official said on Monday.The contribution is a requirement for OVL to take a 20% stake in the project…

QatarEnergy and Petronet Sign 20-Year LNG Supply Deal for India

Feb 06, 2024

QatarEnergy has entered into a 20-year sale and purchase agreement with Petronet LNG for the supply of 7.5 million tons per annum (MTPA) of liquefied natural gas (LNG) destined to the Republic of India.Pursuant the terms of the sale and purchase agreement (SPA)…

BP Welcomes FLNG Gimi in West Africa

Feb 15, 2024

The floating liquefied natural gas (FLNG) vessel Gimi, that is a core component of the Greater Tortue Ahmeyim (GTA) LNG project, has arrived at its destination on the Mauritania and Senegal maritime border.The FLNG vessel Gimi is at the heart of the GTA Phase 1 development…

Fugro Sets Up South Korea Base for Offshore Renewables

Feb 15, 2024

Dutch survey company Fugro has opened a new office South Korea, dubbed ‘Fugro UST21’, as part of a joint venture with South Korean marine technology company UST21.Based in Incheon, the new office will provide geo-data solutions for South Korea’s growing offshore renewable energy sector…

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