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Offshore field sanctioning is near its peak

The annual growth rate in the global offshore oilfield services market will possibly be halved after 2022, according to Rystad Energy. The energy research and consultancy forecasts that the service market will slow from 7% annual growth per year in 2019-2022 to only 3% from 2022 to 2025.

NOIA: Offshore wind development faces unnecessary delays

The US House Appropriations Committee has called for a one-year Department of Defense study of the impact of offshore wind turbines. The Committee believes that these turbines, when arranged in large arrays, may interfere with radars, while the vibrations generated by the operation of turbines may cause sonic interference to underwater sonar as well.

Port of Amsterdam: Collaboration crucial for offshore wind growth

As the Netherlands is on the eve of much larger offshore wind farms, it is expected that by 2030, this will generate double turnover for the wind industry and around 25 to 30,000 new jobs. To this end, flexibility, cooperation and knowledge are crucial, says Femke Brenninkmeijer.

Pakistan well to be plugged and abandoned

The Kekra-1 exploration well is scheduled to be plugged and abandoned as the consortium didn’t unearth hydrocarbons in the area. Rystad Energy commented that in a major setback for Pakistan’s oil ambitions, as the much-awaited Kekra-01 well in the Arabian Sea turned out to be a duster.

NKT will supply shore power cables to two platforms

NKT, cable supplier, announced that it won a high voltage cable, that will connect two Norwegian offshore oil and gas platforms, that will receive power from shore. The supplier won the turnkey project from Equinor for a 132 kV high-voltage cable connecting the Johan Sverdrup 2 and Gina Krog oil and gas platforms.

Petronas produces first LNG after relocation

PETRONAS announced that PETRONAS Floating LNG Satu (PFLNG Satu) at the Kebabangan cluster field, conducted its first LNG drop by its floating LNG facility. The facility is located 910 kilometres offshore Sabah. The first LNG delivery is scheduled for June, 2019.

Equinor resumes Statfjord oil loadings after leak

After halting operations, due to an oil spill observation in the area of operations, Equinor commenced oil loadings from its Statfjord field in the North Sea, offshore Norway. In the meantime, Reuters reported that the loading are being conducted by a different buoy on the field.

US adds two operating offshore rigs, reaches a total of 22

The US drilling rig count reduced by one unit, reaching 987, according to Baker Hughes. In addition, for the the week that ended in May 17, the US had 22 rigs working. In comparison to the same period last year, there are 59 units less, as the rig count last year was 1,046. Ohio experienced the largest increase in rigs with a 4, reaching 20. Wyoming’s rig count rose by 3, Louisiana gained 2, and finally New Mexico gained one unit and now has 103 rigs operating.

Vår Energi received consent to use Scarabeo 8

PSA Norway informed that it has given Vår Energi consent to use the Scarabeo 8 mobile drilling facility for activities on the Marulk field. The well was built at the Fincantieri Shipyard in Palermo, Italy and completed at Westcon’s yard in Ølensvåg in Rogaland county in 2011. Vår Energi operates the Marulk field, having 20% ownership interests.

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