Sunday, February 17, 2019

World’s Largest Offshore Wind Farm Generates First Power

Image: Ørsted

The first turbine of the 1,218-MW Hornsea 1 offshore wind farm in the North Sea, the world’s biggest such facility, has been installed and is now generating power.Matthew Wright, UK managing director of Danish energy group Ørsted A/S, described the installation of the first turbine as "a globally significant milestone".Ørsted co-owns the project with Global Infrastructure Partners (GIP) after selling a 50% stake to the latter in November 2018. Ørsted began offshore construction just over a year ago, and expects the project to be completed by Q1 2020.The project is located 120km off the Yorkshire Coast and will consist of 174 Siemens Gamesa 7MW turbines.

SeaMade Consults Waves Group on Offshore Wind Farms

Image: Waves Group

Belgian offshore wind developer SeaMade NV has selected Waves Group to provide Marine Warranty Surveyor services for the construction of two Belgian sector offshore wind farms, Mermaid and Seastar."We are currently providing Marine Warranty Surveyor services for the installation of foundations, infield cables, WTG, export cables and two offshore substations. Associated operations include; loadouts, installations and pulling in cables to both foundations and substations," Waves Group, the  marine consultants to the shipping and offshore energy industries said.The contract commenced in November 2018 and will continue through to the WTG installation phase in 2020…

Welcon to Build World's First TetraSpar Foundation

Image: Welcon A/S

Denmark’s Welcon has received the order to produce the first TetraSpar floating offshore foundation for a consortium comprising Shell, Innogy and Stiesdal Offshore Technologies.We are very proud to be involved in this exciting project, which can be a game changer in offshore foundations for wind turbines,” Welcon said.Earlier, Innogy, Shell and Stiesdal Offshore Technologies A/S (SOT) have signed an investment and cooperation agreement to build a demonstration project using SOT’s TetraSpar floating foundation concept.The demonstration project…

Neptune Renews IRM Contract with Sea Mar Shipping

File photo: Sea Mar Splendid

Dutch offshore vessel operator Sea Mar Shipping has won a three-year plus 2 x one year options for its IRM (Inspection, Repair and Maintenance) vessel Sea Mar Splendid from Neptune Energy Netherlands.The vessel and crew will support Neptune Energy with its IRM campaigns on the Dutch Continental Shelf from March 2019 until 2021, said a release.The 59- metre long Sea Mar Splendid will be utilized for air diving support duties, providing a safe and stable working platform for efficient IRM operations.The contract represents a continuance of the long-standing relationship between Neptune Energy Netherlands B.V.

Anadarko, Bharat Petroleum Sign LNG Deal

Pic: Anadarko Petroleum Corporation

American petroleum and natural gas exploration and production company Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources (BGR) for the supply of liquefied natural gas (LNG) volumes from the Mozambique LNG development.The sale and purchase agreement (SPA) is for 1 million tonnes per annum (MTPA) for a term of 15 years. BGR is a wholly owned subsidiary of Government of India controlled  oil and gas giant Bharat Petroleum Corporation Ltd. (BPCL)."In addition to BPCL being an upstream equity co-venturer in the Mozambique LNG project…

US Rig Count Climbs

© helivideo / Adobe Stock

U.S. energy firms this week increased the number of oil rigs operating for a second week in a row amid concerns that crude supplies will swamp global demand as U.S. output keeps growing from record levels.Companies added three oil rigs in the week to Feb. 15, bringing the total count to 857, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.The U.S. rig count, an early indicator of future output, is still higher than a year ago when 798 rigs were active after energy companies boosted spending in 2018 to capture higher prices that year.Thanks to a shale boom…

Anadarko Nearing FID for Mozambique LNG

© Mark Rubens / Adobe Stock

U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent.Anadarko and Exxon Mobil are expected to sanction two separate but neighboring LNG projects in Mozambique this year after finding large offshore gas deposits, turning the African nation into a major global gas exporter.The company said on Friday it had struck a sales and purchase agreement (SPA) with India's Bharat Petroleum Corporation Ltd for 1 million tonnes per annum (mtpa) for 15 years…

South Africa: Has Up to 60 tcf of Offshore Gas Potential

Photo: Total

South Africa, where oil major Total recently made a big offshore discovery, said on Friday it had potential gas resources of up to 60 trillion cubic feet in waters off its coast.Last week Total's chief executive said its offshore discovery probably contained 1 billion barrels of total resources, after successfully drilling its Brulpadda prospects in the Outeniqua Basin off South Africa's southern coast."South Africa has potential resources of nine billion barrels of oil and 60 trillion cubic feet or 11 billion barrels of oil equivalent of gas offshore…

Petrobras Will Pay to End Whale Park Dispute

© Donatas Dabravolskas / Adobe Stock

Brazil state-run oil firm Petroleo Brasileiro SA said on Thursday it had concluded a long-running dispute with the country's ANP petroleum regulator, agreeing to pay 3.5 billion reais ($940 million) to end an oil-royalty spat.Dating back to 2014, the dispute over the so-called Whale Park offshore oilfields arose after the ANP decided to unify the Jubarte, Cachalote, Caxaréu, Baleia Franca, Baleia Anã, Baleia Azul and Pirambú Fields, requiring Petrobras, as the company is known, to pay more in special participations, a liability similar to a royalty.Petrobras has long disputed the ANP's move, leading to extensive wrangling and intervention from the International Court of A

Equinor Lines Up Floating Wind in S.Korea

Hywind Scotland floating offshore wind turbines. (Photo: Øyvind Gravås / Woldcam - Equinor)

Equinor and South Korea's state-owned National Oil Corporation (KNOC) will explore opportunities to develop commercial floating offshore wind farms in South Korea, the Norwegian company said on Friday.South Korea aims to reduce its dependence on nuclear and coal power, targeting an increase in the share of renewable energy to 20 percent by 2030, compared with 7.6 percent in 2017, the country said last year.Equinor says this translates to a target of 49 gigawatts (GW) of new generation capacity.KNOC plans to develop a 200 MW floating offshore wind project 58 km off the coast of Ulsan City, the Norwegian company added."South Korea has large potential and offers attractive o

GasLog: LNG Demand Grew 9% in 2018

Image: GasLog

Liquefied natural gas (LNG) is expected to have increased by 9%, from 288 million tonnes per annum (mtpa) in 2017 to 313 mtpa in 2018, said GasLog.The Monaco-based owner, operator and manager of LNG carriers said in a stock exchange announcement that China’s LNG imports increased by approximately 16 mtpa, or 41%, to 54 mtpa in 2018, driven mainly by continued coal-to-gas switching in the industrial, commercial and residential sectors.South Korea, Pakistan, Thailand and Mexico also experienced strong growth in LNG imports during 2018. The outlook remains robust…

Offshore Wind Players Bid to Supply NY

© Dawid S Swierczek / Adobe Stock

Several offshore wind players have submitted separate bids to supply New York with power from planned projects off the coast of Long Island.The proposals from Norway's Equinor and three joint ventures come in response to New York’s 800 MW procurement, its first formal solicitation targeted the developing U.S. offshore wind industry. The state is expected to choose a supplier this spring.Four proposers submitted a total of 18 bids, with projects up to 1200 MW, the New York State Energy Research and Development Authority (NYSERDA) said.The three joint ventures that bid are Vineyard Wind…

Yinson Tallies Layang FPSO Contract

(Image: JX Nippon)

Floating production, storage and offloading unit (FPSO) provider Yinson announced Thursday it has received a letter of award from JX Nippon to provide operation and maintenance services for an FPSO due to commence operations at the the Layang field offshore Malaysia by the fourth quarter of 2019.The charter contract is for a firm period of eight years, plus 10 extension period options of one year each.Yinson said the estimated aggregate value of the operation and maintenance contract, assuming the extension options are fully exercised, is…

Norway's Snow Crab Ruling Boosts Oil Claim

© Suvorov Aleksey / Adobe Stock

A court delivered a painful nip to European Union fishermen on Thursday by tightening Norway's grip on snow crab catches in the Arctic, a ruling that may also let Oslo claw more control of oil and gas from other nations.Fishermen from the European Union must ask permission from Oslo to catch snow crab — whose meat is a delicacy for gourmets from Canada to Japan — in Arctic waters north of Norway, the Norwegian Supreme Court said in a unanimous ruling.The court dismissed an appeal by a Latvian fishing firm and its Russian captain against fines…

Aker Energy Eyes IPO

Photo: Hufton+Crow/Dark Arkitekter

Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means.The subsidiary, Aker Energy, plans to develop the deepwater Pecan field off Ghana."Depending on the approval process in Ghana, we believe the first oil is achievable in late 2020 or early 2021," Aker's Chief Executive Oeyvind Eriksen told Reuters during an earnings presentation.A recent appraisal had confirmed contingent resources of 450 million-550 million barrels of oil equivalent (mmboe) at the field…

Sentinel Midstream Mulls Offshore Terminal

Image: Sentinel Midstream

Dallas-based oil and gas company Sentinel Midstream is planning to develop a deepwater crude oil export terminal, located near Freeport, Texas. The completed facility will be capable of fully loading Very Large Crude Carrier (VLCC) vessels.Texas GulfLink will include an onshore terminal with up to 18 million barrels of storage, an offshore 42-in. pipeline, and a manned offshore platform to facilitate port operations with two  Catenary Anchor Leg Mooring (CALM) Single Point Mooring (SPM) buoys. Projected export loading rates will be up to 85…

Consortium Buys Veja Mate Offshore Wind

Image by Ingka Group

A consortium led by asset manager Commerz Real AG, WPD Invest, KGAL and IKEA franchisee Ingka Group will acquire an 80% stake in the 402-MW Veja Mate offshore wind park in the German North Sea.Veja Mate offshore wind park in the North Sea  is the second-largest German offshore wind farm with 67 turbines and a capacity of 402 megawatts. The total investment comes more than two billion eurosCommerz Real and Ingka Group said in a joint statement today that they will each invest more than EUR 200 million (USD 226m) in the project company for the 67-turbine wind park.The other members of the buying consortium are Wpd invest GmbH and investment manager KGAL…

BOEM Plans Gulf of Mexico Lease Sale in March

BP's Thunder Horse platform in the Gulf of Mexico (File photo: BP)

The U.S. Bureau of Ocean Energy Management (BOEM) said it will offer all available unleased areas in federal waters of the Gulf of Mexico during a region-wide lease sale scheduled for March 2019.BOEM said Lease Sale 252 will offer up 78 million acres, including approximately 14,696 unleased blocks, located from three to 231 miles offshore, in the Gulf’s western, central and eastern planning areas in water depths ranging from three to 3,400 meters.Excluded will be blocks subject to the congressional moratorium established by the Gulf of Mexico Energy Security Act of 2006; blocks adjacent to or beyond the U.S.

Video: FPSO Travels from China to Brazil

(Photo: Boskalis)

Dutch firm Boskalis transported the 90,000-ton FPSO P-67 from Qingdao, China to Rio de Janeiro, Brazil, aboard the semi-submersible heavy transport vessel BOKA Vanguard.FPSO P-67 was built by China’s Offshore Oil Engineering Company (COOEC), and delivered to Brazil's Petrobras in 2018.The FPSO recently began producing in the deepwater Lula Norte area, in the pre-salt of Santos Basin offshore Brazil.

BHP Approves Funding for BP-led GoM Project

The Atlantis platform in the U.S. Gulf of Mexico (Photo: BP)

BHP Group, the world's largest miner, said on Wednesday its board has approved $696 million in funding to expand production at the BP PLC-led Atlantis oil project in the U.S. Gulf of Mexico.The move comes about a month after London-listed oil and gas major BP discovered further oil prospects in the Gulf of Mexico, including additional oil in the Atlantis field.

Tullow Oil Returns to Net Profit

(Photo: Tullow Oil)

Africa-focused Tullow Oil reported its first annual net profit in five years on Wednesday and said it would resume dividends with a 4.8 cent per share payout as it sets its sights on East African projects and drilling in Guyana.As flagged in November, Tullow will pay out at least $100 million to shareholders from this year, while aiming to shrink its $3.1 billion debt and increase spending to $570 million.The largest chunk of that money will help increase output in Ghana, which sets Tullow on course to raise output to 102,000 barrels of oil equivalent per day (boed) this year from 90…

Europe Offshore Wind Capacity Up 18% in 2018

Image: © MHI VESTAS, WindEurope

Europe installed a total of 2.6 gigawatts (GW) of new offshore wind capacity in 2018, an 18% increase which takes the region to a total capacity of 18.5 GW.According to new figures published this week by the region’s wind energy trade body, WindEurope, 15 new offshore wind farms came on line. The UK and Germany accounted for 85% of the new capacity: 1.3 GW and 969 MW respectively.Europe now has 105 offshore wind farms across 11 countries with a total capacity of 18.5 GW. This is around 10% of the total installed wind energy capacity in Europe – the rest is onshore.The size and scale of offshore wind continues to rise.

Velesto Gets Contract Extension from Hess

Image: Malaysia Petroleum Resources Corporation

Malaysian drilling contactor Velesto Drilling said that the oil company Hess Exploration and Production Malaysia has extended the contract for the Naga 8 jack-up drilling rig in North Malay Basin, Malaysia.Naga 8 jack-up rig is owned by Velesto Drilling (previously known as UMW Offshore Drilling), a subsidiary of Velesto Energy Bhd (formerly known as UMW Oil & Gas Corp Bhd).In a filing with Bursa Malaysia, Velesto said that the contract was for 18 months plus extensions.The value of contract to provide high pressure high temperature jack-up drilling rig and services is estimated to be approximately $38 million…

INPEX Selects NAPA for LNG Carrier Fleet

Image: NAPA

Japan's largest oil and gas exploration and production company INPEX Corporation has installed ClassNK-NAPA GREEN for monitoring operations on three of its liquefied natural gas (LNG) carriers.NAPA said that Inpex awarded a deal to the company for the provision of a solution for monitoring and follow-up of ship operations on two LNG carriers built to service the Ichthys project and one LNG carrier for Shell’s Prelude FLNG project.With the core motivation of accurately verifying the technical performance of these highly complex carriers, INPEX…

Kvaerner to Pay First Dividend Since 2015

(Photo: Sydvest / Kvaerner)

Oil platform builder Kvaerner on Tuesday unexpectedly proposed its first dividend since 2015 and said it may make another such payment later this year, sending its shares soaring.The company said it expected to compete for contracts worth 30-50 billion Norwegian crowns ($3.5-5.7 billion) over the next five years, with larger deals likely in 2020 and 2021.Despite lower core earnings in the fourth quarter, the company said its "strong financial position" allowed it to propose a dividend payment of 1 crown per share, meaning it would pay about 268 million crowns in total."Our dividend policy remains the same…

Equinor Drills Dry Well in the Barents Sea

The West Hercules drilling rig in the Barents Sea. (Photo: Ole Jørgen Bratland / Equinor)

Norwegian energy company Equinor has come up dry in the drilling of its first wildcat well in production licence 857 in the southeastern part of the Barents Sea.Equinor, as operator of production licence area Gjøkåsen, drilled 7132/2-1 targeting the Gjøkåsen Shallow prospect about 175 kilometers north of Vardø, using the Seadrill drilling rig West Hercules. The exploration well was the first drilled in production licence 857, which was awarded in the 23rd licensing round in 2016.According to the Norwegian Petroleum Directorate (NPD), who announced the completion on Tuesday…

Shell, Eni, Exxon Win Concessions in Egypt

© Tom Carpenter / Adobe Stock

Royal Dutch Shell, Eni, BP and Exxon Mobil were among winners of Egypt's international tender for oil and gas exploration on Tuesday, with 12 concessions awarded in total.It marks Exxon Mobil's entry into gas exploration in Egypt, while Shell was awarded the most concessions in the tender - three for oil and two for gas.Neptune Energy, Merlon, Shell, Eni and state-controlled Egyptian General Petroleum Corporation (EGPC) were awarded seven oil exploration concessions in total in which 39 wells will be drilled, Egypt's petroleum ministry said in a statement.Egypt has in recent years reached maritime demarcation agreements with several countries in the region in a push towar

Porthos CCUS Project Getting Ready

Image: Port of Rotterdam

Port of Rotterdam Authority, Dutch natural gas infrastructure and transportation company  Gasunie and Energie Beheer Nederland (EBN) are preparing a CCUS (Carbon Capture Usage and Storage) project, in which CO₂ from industry will be transported to storage sites in depleted gas fields deep beneath the North Sea seabed.The three companies are working together on the preparation of this project under the name Porthos: Port of Rotterdam CO₂ Transport Hub & Offshore Storage.The Porthos project is being developed as an open access transport and storage infrastructure which can be used by multiple parties to store CO₂.

High Impact Exploration on The Rise

2019 High Impact Discoveries. Source: Westwood Wildcat Service

In the first few weeks of 2019 there have been four high impact discoveries of conventional oil and gas, finding 25% of the high impact volume discovered globally in the whole of 2018.According to Westwood Insight, one of these discoveries, Glengorm in the UK North Sea, is reported to be the biggest there since 2008.The second and third are offshore Guyana in the Stabroek licence, the gift that keeps on giving, with the fourth in the Outeniqua Basin, deep water South Africa, where the Brulpadda well has opened a new world class gas and oil play with a discovery that the operator…

Offshore Mooring to Reach $1.1B by 2021

FPSO. Pic: MODEC

The global offshore mooring system market stood at US$0.93 bn in 2014 and is predicted to reach US$1.1 bn by 2021.It is predicted to expand at a CAGR of 3.60% from 2015 to 2021, revealed a new Transparency Market Research report.According to the report, the market for offshore mooring systems is propelled by the rising subsea production and exploration and the consistent introduction of technologically advanced products. In addition, factors such as the growing demand for energy and the rise in the prices of gas and oil have also stimulated the growth of the offshore mooring systems market.In addition…

Kvaerner to Study Floating Wind Structures

(Image: Helge Hansen / Equinor)

Norway based Kvaerner said it has signed a contract with Norwegian energy company Equinor to study how floating concrete substructures for offshore wind turbines can be designed and constructed for the planned Hywind Tampen project in the North Sea.The objectives of the front-end engineering and design (FEED) assignment are to further mature the design of the concrete substructures, to identify appropriate construction site(s), and to develop a plan for construction, method and cost for production of 11 floating concrete substructures, Kvaerner…

High-tech Buoy Launched in New York Bight

(Photo: Equinor)

A high-tech, specialized buoy has been launched to collect useful information for developing wind farms offshore the U.S. East Coast.Equinor Wind US said it deployed the cutting-edge buoy as it works to develop its offshore wind lease site in the New York Bight.The Floating LiDAR (Light Detection and Ranging) device will measure wind speed, wind direction, wave conditions and several other marine characteristics that help inform critical decisions in regard to the resource potential and eventual development of the wind farm. It will be deployed to record this information for two years.The floating system…

Seismic Surveys Delayed in US Arctic

© sumikos / Adobe Stock

There will be no seismic exploration this winter on the coastal plain of the Arctic National Wildlife Refuge, the Interior Department said on Friday, after the company seeking permission to conduct the tests ran out of time to get the required permit."We can confirm that seismic surveys will not take place until December 2019," said Alex Hinson, U.S. Department of the Interior spokesman, in an email.The company applying for the permits, SAExploration, had applied for a start date as early as December 2018 for seismic testing as a precursor to drill in the ANWR, which has been off-limits to drillers for decades.The application remains active, but will be altered.

Giza and Fayoum Gas Fields Come Onstream

(Photo: BP)

BP on Monday announced first gas production from the second stage of its West Nile Delta development offshore Egypt, marking the second start-up in a string of new upstream projects expected to be brought on line by the supermajor in 2019.The project, which produces gas from the Giza and Fayoum fields, was developed as a deepwater, long-distance tie-back to an existing onshore plant.The Giza and Fayoum development, which includes eight wells, is currently producing around 400 million cubic feet of gas per day (mmscfd) and is expected to ramp up to a maximum rate of approximately 700 mmscfd…

WellConnection Marks UK Debut

Image: WellConnection Group

Norwegian inspection, maintenance and repair (IMR) company WellConnection Group has acquired Scotland-based Independent Oilfield Services (IOS) in a deal which marked its entrance into the UK market.WellConnection Group with bases in Stavanger, Mongstad and Hammerfest in Norway have made a strategic investment in IOS, which since its inception in 2014 has quickly grown to become one of the market leaders in the UK within IMR services and storage.IOS changes name to WellConnection IOS and will provide the group with a strong foothold in the…

Excelerate FSRUs Hit Send-out Milestone

Pic: Excelerate Energy L.P.

US-based LNG solutions company Excelerate Energy's  Northeast Gateway Deepwater Terminal (Northeast Gateway), located offshore Boston, reached a peak send-out flow rate of over 800,000 MMBTU per day of natural gas on February 1, 2019, a first for the terminal.The operation was completed by two of Excelerate’s floating storage regasification units (FSRUs), Exemplar and Express discharging in parallel through Excelerate’s proprietary offshore buoys.During the coldest days of the year, demand for natural gas from residential customers rises in New England.

Size Matters in Shale Industry

Image: Rystad Energy

Having taken a closer look at the detailed economics of the most recent 1,000 wells drilled in the most popular shale hotspot – the Wolfcamp A zone of the Permian Delaware basin – Rystad Energy can see a clear pattern emerging that favors large players.As US crude production is set to grow significantly over the next decade, analysts still debate whether shale drilling is actually a profitable endeavor. Some skeptics claim operators overstate their well production profiles, while others say operational cash flow from shale wells will never…

US Drillers Add Oil Rigs Again

File Image: AdobeStock / © Mike Mareen

U.S. energy firms this week increased the number of oil rigs operating for the second time in three weeks after oil prices soared over 18 percent in January.Companies added 7 oil rigs in the week to Feb. 8, bringing the total count to 854, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.The U.S. rig count, an early indicator of future output, is still higher than a year ago when 791 rigs were active after energy companies boosted spending in 2018 to capture higher prices that year.In 2019…

Equinor Launches High-Tech Buoy

Photo: Equinor

Equinor Wind US has announced deployment of a cutting-edge, specialized buoy designed to gather information, an important step in the development of its offshore wind lease site in the “New York Bight,” which will provide wind energy to New York and the region to help achieve the renewable energy goals recently set forth by Governor Andrew Cuomo.The Floating LiDAR (Light Detection and Ranging) device will measure wind speed, wind direction, wave conditions and several other marine characteristics that help inform critical decisions in regard to the resource potential and eventual development of the wind farm.

The Offshore Winds for Territories Act: Lifeline for U.S. Territories

 Randall Luthi  (Photo: NOIA )

NOIA President Randall Luthi issued the following statement after Puerto Rico Resident Commissioner Jenniffer González Colón re-introduced H.R. 1014, the Offshore Winds for Territories Act:"NOIA applauds Representative González Colón’s reintroduction of the Offshore Wind for Territories Act. This bill enables U.S. territories such as Puerto Rico and Guam to develop their rich wind resources and power new jobs and economic growth for their residents. There is a longstanding need to strengthen the energy security of the U.S.

Uniper: EU Decision on Nord Stream 2 Won't Affect Construction

Uniper said on Thursday it will stick to its contractual obligations concerning Russian gas export pipeline Nord Stream 2, adding that the outcome of an upcoming EU meeting would not affect the construction of the pipeline."I firmly assume that the Nord Stream 2 project will be realised", a spokesman of the energy group said.The European Union executive wants to extend its internal energy market laws to offshore gas pipelines to have a say over the new gas link under the Baltic Sea from Russia to Germany.

DNO 2019 Spending to Rise Sharply

© Tamara Sushko / Adobe Stock

Norwegian oil firm DNO reported on Thursday a higher-than-expected operating profit in the fourth quarter and said it would hike 2019 spending as it planned to drill a record number of wells.The Oslo-listed firm, which produces most of its oil in the Kurdistan region of Iraq, in January won a hostile takeover bid for London-based Faroe Petroleum, expanding its foothold in the North Sea."The Faroe transaction transforms DNO into a more diversified company with a strong, second leg," DNO's Executive Chairman Bijan Mossavar-Rahmani said in a…

BSOG to Go Ahead with Midia Offshore Project

Drilling at the Iulia-1 well (Photo: BSOG)

Romanian-based Black Sea Oil & Gas, controlled by private equity firm Carlyle Group LP, said on Thursday it has decided to go ahead with its $400 million offshore gas project in Romania, the first such project to be developed in 30 years.The Midia Gas Development Project will extract an estimated 10 billion cubic meters of gas some 120 kilometers offshore in the Black Sea.Black Sea Oil & Gas (BSOG) will extract the gas in a joint venture with Italian producer Gas Plus International B.V. and investment group Petro Ventures Resources, which hold 15 and 20 percent of the project…

Total Makes Discovery Off South Africa

(Photo: Odfjell)

French oil and gas major Total said it had made a significant gas condensate discovery after drilling its Brulpadda prospects on Block 11B/12B in the Outeniqua Basin, offshore South Africa.Total said the Brulpadda well encountered 57 meters of net gas condensate pay in Lower Cretaceous reservoirs. The well was deepened to a final depth of 3,633 meters and has also been successful."With this discovery, Total has opened a new world-class gas and oil play and is well positioned to test several follow-on prospects on the same block," Total's senior…

Corvus Energy Acquires Grenland Energy

Pic: Corvus Energy Holding AS

Corvus Energy Holding, the Energy Storage Systems (ESS) supplier to the maritime industry, has signed an agreement to acquire all shares in the Norway-based Grenland Energy, which develops and manufactures lightweight lithium-ion batteries for the maritime, offshore and subsea industry.“The market for battery storage is increasing rapidly. It is the perfect time to combine resources, competencies, and technologies with an optimized global footprint. We are eager to join forces with innovative companies such as Grenland Energy to offer extended and more specialized solutions and services…

Shell Awards FEED Work for Crux

Prelude FLNG (Photo: Shell)

Wood and KBR,Inc. have secured a new multimillion dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia’s Crux project to build a not normally manned (NNM) platform and gas export pipeline located approximately 600km north of Broome, offshore Western Australia (WA).The Crux facilities will be a source of backfill gas supply to the Shell-operated Prelude floating liquefied natural gas (FLNG) facility. The remotely operated, minimum facilities NNM platform concept for Crux will dry the gas and export the…

ExxonMobil Makes Two Discoveries Offshore Guyana

Noble Tom Madden drillship (Photo: Hess)

ExxonMobil and its partners have made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12, the U.S. supermajor announced Wednesday. The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block.Tilapia-1 is the fourth discovery in the Turbot area that includes the Turbot, Longtail and Pluma discoveries. Tilapia-1 encountered approximately 305 feet (93 meters) of high-quality oil-bearing sandstone reservoir and was drilled to a depth of 18…

Sulzer Schmid’s New Tech Autonomous Drone Inspections

Photo: Sulzer & Schmid

Sulzer & Schmid Laboratories AG has announced that it has launched a new inspection platform. The company’s new 3DX HD product has been developed as a cost-effective solution to cope with large volumes of high definition blade inspections.Based on the compact and flexible DJI M-210 drone, Sulzer Schmid’s latest innovation delivers high performance and fully autonomous drone inspections at a significantly lower cost compared to its existing 3DXTM Ultra-HD product based on the DJI’s M-600 drone.Thanks to the new capabilities offered by unmanned aerial vehicles, the market for drone-based rotor blade inspections has boomed in recent years.

NOIA Statement on Trump’s SOTU Address

National Ocean Industries Association (NOIA) President Randall Luthi

Increase Access to All Offshore Energy Sources for American Energy Greatness.National Ocean Industries Association (NOIA) President Randall Luthi issued this statement following President Trump’s State of the Union address:“In his second State of the Union address, President Trump reiterated his bold vision for American energy dominance in conjunction with facilitating new energy infrastructure. NOIA applauds the Administration’s efforts to date toward achieving American Energy Dominance and supports the hard work that remains to be done to continue our American energy revolution. “The Administration initiated regulatory and tax reforms that are allowing more U.S.

Offshore Wind Energy Market to Grow 20%

Image: Siemens Gamesa

Global offshore wind energy market was valued at $2,727 thousand in 2019, and is expected to reach $11,334 thousand by 2025, registering a CAGR of +20% from 2019 to 2025, said a study.The global offshore wind energy market has been set blazing with a number of schemes that have recently began power production, according to Researchnreports. For instance, following the installation of its first 7-MW turbines, Scotland's biggest offshore wind farm has sent power for the first time to the National Grid.The growth of the offshore wind energy market…

Anadarko Shell Deal for Mozambique LNG

Image: Anadarko

US company Anadarko Petroleum has signed a major long-term contract to shore up its proposed liquefied natural gas (LNG) terminal in Mozambique.The Woodlands-based oil and gas company said that  Mozambique LNG1 Company, the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement (SPA) with Shell International Trading Middle East. The SPA is for 2 million tonnes of LNG per annum (MTPA) for a term of 13 years. "We are very pleased to announce this SPA with Shell, which builds upon previously announced deals and takes our total long-term sales to more than 7.5 MTPA…

Equatorial Guinea to Offer Ophir's Old Blocks

© Cla78 / Adobe Stock

Equatorial Guinea will offer offshore Block R with the related Fortuna gas development project in the April licensing round, after the concession was reclaimed from Ophir Energy Plc, the oil minister said on Tuesday.Gabriel Obiang Lima told Reuters in Cape Town that Block R would be one of up to 13 deepwater and ultra deepwater blocks offered in the licensing round on April 1.Ophir was denied an extension in December to its licence for Block R and its plan for a floating liquiefied natural gas (LNG) project. Losing the block prompted Ophir to say it would report a $300 million non-cash right down in its full-year results.Equatorial Guinea…

'Frog's Leg' Proves Bountiful for Aker BP

Aker BP finds up to 153 million barrels of oil equivalents in North SeaAker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea.Known as Froskelaar (Frog's Leg) Main, the reservoir is estimated to hold between 45 million and 153 million barrels of oil equivalents, and may straddle Norway's maritime border with Britain."The drilling operation will continue, and a comprehensive data collection program will be performed to determine the size and quality of the discovery," Aker BP said in a statement.When reserves are found to stretch across the British-Norwegian offshore border…

Proserv Acquires SGC Metering

Photo: Proserv

The  global energy services company has announced the acquisition of SGC Metering from Petrofac.SGC Metering is a specialist in the design and manufacture of flow computer metering systems for the oil and gas industry. It provides expertise right across the full life cycle of a metering project, including conceptual design through to installation, operations and maintenance.The firm was established in 1988 and its wide array of systems allows the measurement of all the important metrics associated with hydrocarbon production, namely volume…

CWind Digitizes with CrewSmart

Photo courtesy of CWind

CWind, part of the Global Marine Group (GMG), a provider of topside, splash zone and subsea engineering services to the offshore renewables and utilities market, it has implemented CrewSmart’s management support service across its fleet of 21 crew transfer vessels (CTVs) and team of offshore wind technicians. The cloud-based CrewSmart system provides CWind with control over personnel and fleet administration, optimizing the overall efficiency of the operations team.In a rapidly expanding offshore wind market, as new projects come online globally…

Schlumberger Scraps Bid for Eurasia Drilling Stake

(Photo: EDC)

U.S. oilfield services giant Schlumberger has withdrawn its bid for a stake in Russia's Eurasia Drilling Company (EDC) Russia's Federal Anti-monopoly Service (FAS) said on Monday.Schlumberger, which has its own business in Russia, said last month it would withdraw its application to buy a stake in EDC if it didn't get regulatory approvals soon.Schlumberger's office in Moscow had no immediate comment.The U.S. company had planned to acquire up to 49 percent of EDC, Russia's largest oil services provider.The withdrawal marks Schlumberger's second failed attempt to buy EDC. In 2015, the U.S.

DOE: $28M Available for Floating Offshore Wind

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The U.S. Department of Energy announced up to $28 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, Aerodynamic Turbines, Lighter and Afloat, with Nautical Technologies and Integrated Servo-control (ATLANTIS). ATLANTIS projects will develop new technologies for floating, offshore wind turbines (FOWTs) using the discipline of control co-design (CCD).“The United States has 13,000 miles of shoreline, which is a huge opportunity to lead the world in capitalizing offshore wind,” said U.S. Secretary of Energy Rick Perry in a press release.

Aker BP Makes North Sea Find

(Photo: Aker BP)

Aker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea, the Norwegian firm said on Monday.Known as Froskelaar (Frog's Leg) Main, the reservoir is estimated to hold between 45 million and 153 million barrels of oil equivalents, and may straddle Norway's maritime border with Britain, the company added."The drilling operation will continue, and a comprehensive data collection program will be performed to determine the size and quality of the discovery," Aker BP said in a statement.When reserves are found to stretch across the British-Norwegian offshore border, the two nations share the revenue from production based on estimates

Pfisterer Wins Moray East Offshore Windfarm Deal

Image: Pfisterer

The global manufacturer of high-voltage cable accessories and a system provider Pfisterer has won a contract for the supply of the 220kV land cable accessories for the grid connection of the 950MW Moray East offshore wind farm in Scotland."In cooperation with the cable manufacturer TELE-FONIKA Kable and the international cable and pipeline installation contractor VolkerInfra, Pfisterer has been awarded the contract for the supply of the 220 kV land cable accessories for the grid connection of the new Moray East Offshore Windfarm," said a press…

New York Launches Metocean Surveys

Image: Ocean Tech Services

The New York State Energy and Research Development Authority (NYSERDA) unveiled two contracts with Ocean Tech Services and DNV GL for using floating lidar technology to study the metocean conditions off New York’s coast.The meteorological and metocean survey work off the coast of New York are being carried out as part of the US state's offshore wind plans.Executing this multi-year project advances and supports Governor Cuomo’s Green New Deal, a nation-leading clean energy and jobs agenda that puts New York on a path to carbon neutrality through a globally unprecedented ramp-up of renewable energy including an increase of New York’s offshore wind target to 9…