China’s oil and gas company CNOOC Limited has commenced operations from its oilfields onshore power project located in Bohai Bay, which will supply electricity to 39 offshore production platforms. The main facilities of the Bozhong-Kenli project include four offshore electric power platforms and one
Danish and Belgian transmission system operators (TSOs) Energinet and Elia have issued a contract notice seeking environmental engineering consultancy services for the development of the subsea cable route for a new interconnector project in the North Sea. Elia and Energinet are developing the Trito
UK-headquartered IOG plc is planning to drill the second Blythe production well directly after the Southwark A1 well in the first half of 2023 as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea. In an announcement from 22 December, IOG stated that all subsea work had been com
Japanese electricity generator JERA has signed a key term sheet with Oman LNG for the long-term sale and purchase of liquefied natural gas (LNG). Under the 10-year agreement, JERA will purchase up to 12 cargoes (approximately 0.8 million tons) per year of LNG produced from the Oman LNG project start
Malaysian FPSO provider Yinson has secured another contract extension with Addax Petroleum for a floating, production, storage, and offloading (FPSO) vessel carrying out operations in Nigeria. Yinson revealed on 22 December that it had received a new short-term extension of the contract for FPSO Ado
South Korean Hyundai Heavy Industries Group has changed its name to HD Hyundai, the company said in a regulatory filing. According to Korean media reports, the name change coincides with the 50th anniversary held in Seongnam, Gyeonggi Province, which served as the stage for the company to declare it
UK-headquartered ROVOP has secured a contract with Mermaid Subsea Services (Thailand) for the delivery of a remotely operated vehicle (ROV) on board the DP2 diving support construction vessel (DSCV) Van Gogh. As part of the agreement, ROVOP will mobilize a newly acquired Schilling HD 150HP work ROV
Allseas has won a contract with Aker BP for the delivery of offshore transport and installation (T&I) services for a new processing platform topsides facility with well bay area and living quarters. Allseas will provide offshore T&I services for the Hugin A PdQ, formerly NOA PdQ, processing platform
Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) is rounding off 2022 with the delivery of 209 ships, the equivalent of 14 million dwt. CSSC said that this year it secured the largest portion of new shipbuilding orders in the world, despite the challenges caused by the p
Papua New Guinea’s Kumul Petroleum Holdings has extended the exclusivity period for the binding conditional offer made to Australian energy company Santos to acquire a 5% interest in PNG LNG for an asset value of $1.4 billion. The offer, which will now remain open until 30 April 2023, is conditional
Namibia’s Ministry of Mines and Energy has granted a second one-year extension for the Petroleum Exploration License 87 (PEL 87) located in the Orange Basin. Canada-based Sintana Energy reported on 21 December that Namibia’s Minister of Mines and Energy had granted a second one-year extension to the
Siemens Energy has secured a contract to deliver the high-voltage direct current (HVDC) transmission technology for the Celtic Interconnector that will link France and Ireland. The 700 MW Celtic Interconnector 320 kV VSC HVDC link will be approximately 575 kilometers long, of which the offshore elem
Lime Petroleum, a Norwegian subsidiary of Singapore’s Rex International, has completed the acquisition of a stake in the Repsol-operated Yme field located offshore Norway. Lime Petroleum entered into a sale and purchase agreement with Kufpec Norway in August for the acquisition of a 10 per cent inte
China’s oil and gas player CNOOC Limited has started production from another oilfield development project in the Bohai Sea. The project represents the sixth that the company brought on stream offshore China since September. CNOOC revealed on 26 December that the Kenli 6-1 oilfield 5-1, 5-2, 6-1 bloc
