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.

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…

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…

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…

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.

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.

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,…

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…

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 sp

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.K

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…

India, China to Lead Rapid Growth in Energy

 Graphic of renewable energy sources by BP

The major chunk of global energy supply growth is expected to come from renewables and natural gas over the next two decades, but steep investment in oil exploration and production will be needed to meet crude demand in 2040.The global energy demand is set to rise by around a third by 2040, driven by improvement in living standards, particularly in India, China and across Asia.- These are the key highlights…

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…

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…

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…

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…

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.

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…

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…

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.

Uganda Expects Delayed First Oil Production

© brumbyderek / Adobe Stock

Uganda expects to begin producing oil in 2022, its energy minister Irene Muloni said on Wednesday, indicating a slight delay from the east African country's revised target of 2021.Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy.A lack of infrastructure such as a transportation…

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.

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…

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…

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…

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…

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 wi

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…

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…

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.

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)…

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…

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…

Croatia Publishes Tender for Oil and Gas Exploration

© ilijaa / Adobe Stock

Croatia published a tender for gas and oil exploration in mountainous areas of the country's central and southern regions, the state hydrocarbon agency said on Monday."The deadline for submitting bids is Sept.10, 2019 at 1200(1000 GMT). A tentative deadline for awarding licences is December," the agency said.The exploration in the Dinarides region will take place in four blocks with an overall area of 12,134 square km.

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…

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…

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…

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…

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.

Apache Cuts 2019 Capital Spending

(Photo: Apache)

U.S. oil and gas company Apache Corp said on Thursday it expects to spend much less on exploration and production this year than originally planned, becoming the latest shale producer to cut capital spending amid a fall in crude prices.Apache set a capital budget for oil production of $2.4 billion, saying it was a "significant reduction" from both its earlier 2019 capital plan and its actual investment in 2018.In October…

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…

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…

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.

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…

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.

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.

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.

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…

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…

OMV Q4 Core Profit Surges

(Photo: OMV)

Austrian oil and gas group OMV on Wednesday said it would propose a dividend hike for 2018 after the company posted a 53 percent surge in fourth-quarter adjusted operating profit, topping estimates, buoyed by higher sales volumes in Russia and the United Arab Emirates.OMV, which has been on a shopping spree in recent months to expand its footprint in Asia and the Middle East, said it will propose a dividend of 1.75 euros per share…

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…

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.

QP, Exxon to Build $10B LNG Plant in Texas

Image: Exxon Mobil

Exxon Mobil and Qatar Petroleum announced a final decision to finance a $10 billion-plus project to export liquefied natural gas (LNG) from the Texas Gulf Coast.Construction of the Golden Pass LNG export project located in Sabine Pass will begin in the first quarter of 2019 and the facility is expected to start up in 2024, said a press release.“Golden Pass will provide an increased, reliable, long-term supply of liquefied natural gas to global gas markets…

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…

Repsol Buys Stake in Norway’s Mikkel Field

(Image: Repsol)

Repsol has reached an agreement with Total to acquire its 7.65% stake in the producing Mikkel field, in the eastern part of the Norwegian Sea.The Mikkel field is a gas and condensate reservoir located 35 kilometers south of the Midgard deposit on Equinor’s Åsgard field in the Norwegian Sea. In 2017, it achieved an average production of 47,075 barrels of oil equivalent a day.Following the acquisition…

Contract Awarded for Hywind Tampen

Illustration of the Hywind Tampen project. Dimensions and distances are not realistic. (Photo: Equinor)

Gulen Industrial Harbour in Sogn og Fjordane county has been awarded the contract for assembly site for the floating Hywind Tampen wind turbines before they are transported to the field in the North Sea.No work will commence prior to an investment decision for Hywind Tampen.Hywind Tampen could become the world’s first project to use wind turbines for electrification of oil and gas installations. Reduction…

'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…

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…

DOE: $28M Available for Floating Offshore Wind

© Richard Johnson/AdobeStock

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…

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