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ICD announces dayrate progression, progress on rig reactivation

ICD announces dayrate progression, progress on rig reactivation   Independence Contract Drilling (ICD) announced that it has signed a contract for the reactivation of its 16th rig which will work in the Permian Basin, with a scheduled start date in mid-October 2021. After this most recent reactivation, which will be of a 200 series rig, ICD’s future reactivations will focus on...

Valaris nets contracts with TAQA, Cairn Energy, Carnarvon Petroleum

Valaris nets contracts with TAQA, Cairn Energy, Carnarvon Petroleum   Valaris announced that it has been awarded a contract with TAQA offshore the Netherlands for VALARIS JU-123, a heavy-duty harsh-environment jackup. The contract is expected to commence in Q4 2021 with an estimated minimum duration of 60 days. The contract is for the preparation of a wellbore for the Porthos CO2 transport and storage project. In conjunction with this contract, VALARIS JU-123 will be upgraded with...

Simulator set to transform North Sea decommissioning and energy transition projects

Simulator set to transform North Sea decommissioning and energy transition projects   An immersive simulation suite that will transform approaches to offshore decommissioning and renewable energy infrastructure projects in the North Sea was officially launched in the north-east of Scotland today (Tuesday, September 21). The simulation suite is located at the National Decommissioning Centre (NDC), a global research and development hub based in Newburgh, Aberdeenshire, which is a par...

Petrofac lands gas distribution EPCC contract in Bahrain

Petrofac lands gas distribution EPCC contract in Bahrain   Petrofac has been awarded a new multi-million-dollar contract by Tatweer Petroleum to support their gas distribution network project in Bahrain. The engineering, procurement, construction, and commissioning (EPCC) scope of work includes high pressure gas pipelines and fibre optic cabling. The underground pipelines will run through sections onshore and offshore below the seabed in support of gas supply to the Kingdom and wil...

Subsea 7 awarded contract offshore Norway

Subsea 7 awarded contract offshore Norway   Subsea 7 today announced the award of a sizeable(1) contract by OneSubsea®, the subsea technologies, production and processing systems division of Schlumberger, for a project at the Ormen Lange field operated by Shell in the Norwegian Sea. Subsea 7’s scope includes the engineering, procurement, construction, and installation of the subsea flowline system as well as the installation of OneSubsea’s multiphase compression sys...

Offshore oil, gas and renewable industries join forces to launch digital and data taskforce

Offshore oil, gas and renewable industries join forces to launch digital and data taskforce   A new offshore energy taskforce is set to launch on Tuesday 21st September, aiming to create a Digital & Data Strategy spanning oil, gas and renewables. The Offshore Energy Digital and Data Strategy taskforce is being launched by the Net Zero Technology Centre (NZTC), OGUK, the Oil and Gas Authority (OGA). It will be run by  Energy Systems Catapult (ESC) and Offshore Renewable Ene...

Wood strengthens leadership team with appointment of new Chief Operating Officer

Wood strengthens leadership team with appointment of new Chief Operating Officer   Wood announces the appointment of Ken Gilmartin as new Chief Operating Officer (COO) and the latest member of the executive leadership team. Gilmartin joins Wood as a direct replacement for existing COO, Dave Stewart, who will retire at the end of the year following an illustrious 25-year career at Wood. As part of his new role, Gilmartin will assume responsibility for execution excellence, operation...

Shell agrees $9.5bn sale of Permian business to ConocoPhillips

Shell agrees $9.5bn sale of Permian business to ConocoPhillips   Royal Dutch Shell has agreed to sell its business in the Permian Basin, the biggest oilfield in the US, to rival ConocoPhillips for $9.5bn in cash.   The Anglo-Dutch oil supermajor had pointed to the Permian as one of its core oil and gas-producing regions as recently as this year. But it is under intense pressure to accelerate a shift out of fossil fuels.   In May, a district court in the Netherlan...

Velesto takes $8m profit hit after contract termination for sunken rig

Velesto takes $8m profit hit after contract termination for sunken rig   Malaysian offshore driller Velesto Energy said that a contract with ConocoPhillips for its Naga 7 jackup rig that sank off Malaysia in May has been officially terminated. With the termination of the contract, the earnings of Velesto Energy for the financial period ending December 31, 2021, are expected to be reduced by an estimated amount of $8m. The rig sank off the coast of Sarawak, East Malaysia after on...

3D Scanning for the Subsea Sector with Richard Drennan, Director of Viewport3 Ltd.

3D Scanning for the Subsea Sector with Richard Drennan, Director of Viewport3 Ltd. OGV Energy interviews Richard Drennan from Viewport3, to find out about his company and the services they provide. This comes as part of the OGV Community Catchup, a series of podcasts where we learn about the fantastic companies within our OGV Community. Making that information easily accessible to anyone looking to get involved in the sector. Viewport3 are providers of high-end, useable 3d data and vis...

Vestas to close three plants in Europe

Vestas to close three plants in Europe   Vestas is to cease production at factories in Lauchhammer, Germany, Viveiro, Spain, and Esbjerg, Denmark, as part of ongoing integration of its onshore and offshore businesses. The company said the factory in Lauchhammer has, since it scaled down activities two years ago, maintained manufacturing of a limited number of blades for the V117 and V136 turbines and currently employs approximately 460 people. Vestas said it expects to meet futu...

NERA and Wood partner on AI inspection solution

NERA and Wood partner on AI inspection solution   The power of artificial intelligence (AI) technology has been harnessed in a new real-time inspection solution, capable of autonomously detecting and categorising equipment anomalies. The Augmented Machine Vision Solution (AMVS) has been developed through a 12 month, AUD$288 600 partnership between Wood and NERA (National Energy Resources Australia) - the independent NFP, grant funded by the Federal Government and matched by industr...

Equinor to increase gas exports to supply Europe

Equinor to increase gas exports to supply Europe   Equinor and its partners have received permission to increase gas exports from two fields on the the Norwegian continental shelf to supply the tight European market. Production permits for the Oseberg and Troll fields have each been increased by 1 billion m3 for the gas year starting 1 October. In June, Equinor took steps to evaluate and develop concepts for enhancing the production and exports to the European market. This work res...

Event Creates Digital Bridge to Smart Cities of the Future

Event Creates Digital Bridge to Smart Cities of the Future   Creating the smart cities of the future using expertise gained in the energy sector was one of the key themes of a popular annual business event which took place online this week. The eighth annual Aberdeen-Norway Gateway was hosted by Granite PR on September 14 th and 15 th and held in association with Nordic Edge and RamBase UK to strengthen the links between the two locations through knowledge and networking. The ev...

Aberdeen-based Prism Energy Secures Six-Figure Deal As Part of Three-Year Frame Agreement

Aberdeen-based Prism Energy Secures Six-Figure Deal As Part of Three-Year Frame Agreement   Prism Energy, an Aberdeen-based project & risk management consultancy which also offers software solutions, announces today (Monday 20th September) that it has secured a six-figure deal as part of a three-year frame agreement with an independent production and development company with operations in the UK North Sea and Malaysia. The new agreement, which is a result of a long-term relati...

Plans to allow oil and gas workers to transfer to renewable energy jobs

Plans to allow oil and gas workers to transfer to renewable energy jobs   Government officials are drawing up plans to allow oil and gas workers to transfer to renewable energy jobs without having to fork out costly retraining costs - currently acting as a barrier to Scotland's renewables revolution. The SNP-Greens government has pledged to set out plans for a ‘just transition’ for oil and gas workers into renewables – but has faced criticism for a failure to...

Shelf Drilling secures new jackup contract in India

Shelf Drilling secures new jackup contract in India   Dubai-headquartered offshore driller Shelf Drilling has been awarded a three-year contract by Oil and Natural Gas Corporation (ONGC) for the jackup rig Parameswara in Mumbai High, offshore India. Shelf Drilling said on Monday, without disclosing the value of the contract, that the 1983-built rig will start with ONGC in the first quarter of 2022. According to Shelf Drilling’s fleet data, the rig has previously been on co...

COP26 ‘sustainability’ advisor’s ties to fossil fuel firms

COP26 ‘sustainability’ advisor’s ties to fossil fuel firms   The UK government has been condemned for enlisting a company with longstanding ties to the oil and gas industry to oversee the sustainability of the COP26 climate change summit. Arup is receiving more than a quarter of a million pounds of public money to ensure November’s gathering of world leaders is as green as possible. But amid ongoing questions about the fossil fuel industry’s influen...

bp charters Safe Zephyrus in 2022

bp charters Safe Zephyrus in 2022   BP Exploration Operating Company Limited (‘bp’) has chartered the Safe Zephyrus to provide gangway connected operations to support the Seagull project at the ETAP central processing facility in the UK North Sea. The firm duration of the contract, starting Q1 2022, is 10 months with up to four months of options. The Safe Zephyrus is one of the world’s most advanced and versatile accommodation vessels, complying with stringent...

Intrinsix leads the way to international growth

Intrinsix leads the way to international growth   Arnlea Systems Ltd is the global leader in industrial mobile software for tracking, inspection and maintenance for the oil & gas industry. As a SaaS provider, Arnlea works with a wide range of energy and other global operators across Europe, Asia and the Americas providing IntrinsixEX, its hazardous ATEX inspections and reporting software.  Intrinsix is the culmination of over 25 years of customer intelligence integrated w...
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