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16 October 2019
LLOG Exploration Orders Subsea Trees for the Shenandoah Project in the Deepwater Gulf of Mexico
LLOG Exploration Offshore, L.L.C. announced the signing of a subsea tree order with TechnipFMC for its Shenandoah project in deepwater of the Gulf of Mexico. This order is the first material equipment order for the Shenandoah project and the first of its kind for subsea trees designed for pressures up…
16 October 2019
Yinson Awarded Two Letters of Intent
1. INTRODUCTIONThe Board of Directors of Yinson announced that, on 11 October 2019, Yinson Production Pte Ltd (“YPPL”), an indirect wholly owned subsidiary of the Company, has been awarded two Letters of Intent by Petróleo Brasileiro S.A. (“Petrobras”) for, respectively, the provision of:(a) a floating production storage and offloading facility…
16 October 2019
ONGC Videsh Makes New Discovery in Brazil
Petrobras as operator of BM-SEAL-4 consortium with ONGC Videsh, completed drilling of the well Moita Bonita-2 in deep offshore Brazil located in the Moita Bonita Area (block BM-SEAL-4) at a water depth of 2629m and encountered gas bearing sand of total thickness of 39m at the depth of 5227m and…
16 October 2019
Equinor Extends EOC Frame Agreement with Axess Group
Axess Group announced the award of an extension to its existing frame agreement with Equinor, relating to competent control of cranes and lifting equipment on all their installations in Norway. This contract follows on from the first frame agreement for competent control awarded in 2008.This long-standing collaboration demonstrates the successful…
16 October 2019
LUKOIL Enters the Ghasha Project for the Extraction of Hydrocarbons in the UAE
On 15 October in Abu Dhabi (UAE), as part of the state visit of Vladimir Putin, the President of the Russian Federation, Accession to the Ghasha Concession Agreement with a 5% share was signed by Vagit Alekperov, President of PJSC LUKOIL, and His Excellency Dr. Sultan Ahmed Al Jaber, Group…
16 October 2019
Long Term Contracts for AHTS BOA Bison and BOA Jarl
BOA has been awarded contracts by The Norwegian Defense Logistic Organization (FLO) to charter two vessels for the state’s emergency response preparedness. The BOA Group offered prime assets, the BOA BISON and the BOA JARL, both excellent vessels with large capabilities.The Norwegian Navy will assume responsibility oceangoing tug emergency response…
16 October 2019
OKEA Starts Drilling on Draugen
On 16 October, OKEA ASA started the Draugen drilling campaign for the appraisal wells Infill Ø (6407/9-11) and Skumnisse (6407/9-12).As the first company on NCS, OKEA live streamed the drilling log from the drilling operations on the Odfjell rig Deepsea Nordkapp. Viewers were able to see the same data as…
16 October 2019
Keppel Delivers Fourth Jackup Rig to Borr Drilling
Keppel Offshore & Marine Ltd has, through its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), delivered the state-of-the-art jackup rig, Hermod, to Borr Drilling Limited (Borr Drilling) safely, on time and within budget.Built to Keppel's proprietary KFELS B Class design, Hermod is the fourth of eleven jackup rigs that Keppel…
15 October 2019
Spliethoff: Newbuild DP2 B-types
Spliethoff has recently signed a contract with Mawei Shipyard for the newbuild of two DP2- B-type vessels. The versatile characteristics of Spliethoff’s new B-Type make this vessel unique in the market.This state-of-the-art ship combines the intake of a multi-purpose vessel with a DP2, station-keeping ability of up to Bft 6,…
15 October 2019
MSI Completes 520 Day Measurement Programme to Support Feed of FSRU and Pipelines at Alexandroupolis, Greece
The Alexandroupolis Independent Natural Gas System (INGS) is a modern, cutting edge technology project which will supply natural gas into the Greek and Southeast European gas markets. The project comprises of an offshore Liquefied Natural Gas (LNG) Floating Storage and Regasification Unit (FSRU) and a subsea and onshore gas transmission…
15 October 2019
Dry Well Near the Yme Field in the North Sea – 9/2-12
Repsol Norge AS, operator of production licence 910, is in the process of completing the drilling of wildcat well 9/2-12. The well is being drilled about six kilometres northeast of the Yme field centre in the North Sea.The objective of the well was to prove petroleum in Middle Jurassic reservoir…
15 October 2019
Small Oil and Gas Discovery Southeast of the Skarv Field in the Norwegian Sea – 6507/5-9 S and 6507/5-9 A
PGNiG Upstream Norway AS, operator of production licence 838, has completed the drilling of wildcat well 6507/5-9 S and appraisal well 6507/5-9 A.The wells were drilled about 5 kilometres south of the Skarv facility in the Norwegian Sea and 210 kilometres northwest of Brønnøysund.The primary exploration target for both wells…
15 October 2019
Field Development Plan Draft and Environmental Statement Submitted for the Platypus Gas Project
Parkmead, the UK and Netherlands-focused independent energy group, announced that a draft Field Development Plan (“FDP”) and Environmental Statement (“ES”) for the Platypus gas project has been submitted to the Oil and Gas Authority (“OGA”) and the Offshore Petroleum Regulator for Environment and Decommissioning ("OPRED"), respectively.These two documents were submitted…
15 October 2019
Offshore Wind Leasing Round 4 Officially Opens
On 14 October, the Pre-Qualification Questionnaire (PQQ) for Offshore Wind Leasing Round 4 – the UK’s first major new leasing round in a decade – has been formally issued by The Crown Estate.Offshore Wind Leasing Round 4 will offer seabed rights for at least 7GW of new offshore wind projects…
14 October 2019
Tables have Turned for Offshore Investments
As investments in tight oil increased from 2016 to 2018 and offshore investments decreased, tight oil investments almost reached the same level as offshore in 2018. However, in 2019 the table has turned. Now offshore investments are on the rise again, while tight oil has started to decline.Offshore investments are…
14 October 2019
Santos: Acquisition of ConocoPhillips’ Northern Australia Interests
Key Highlights - Acquisition of ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a $75 million contingent payment subject to FID on Barossa - Value accretive acquisition of operating interests in long-life, low cost natural gas assets and strategic LNG…
14 October 2019
Neptune Energy Acquires North Sea Assets From Energean
Neptune Energy announced it has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for an initial cash consideration of $250 million1. The purchase is contingent on Energean completing its proposed acquisition of Edison…
14 October 2019
North Sea Field Life Extended Again with Spirit Investment
A North Sea oil field has been set up for a new lease of life after a £140 million investment to unlock fresh reserves.Spirit Energy and partner Dana Petroleum are drilling a new well at the Chestnut field by Q1 2020, extending its life by as much as three additional…
14 October 2019
Drilling Permit for 25/8-19 S i Utvinningsløyve 820 S
The Norwegian Petroleum Directorate has granted MOL Norge AS a drilling permit for well 25/8-19 S, cf. Section 15 of the Resource Management Regulations.Well 25/8-19 S will be drilled from the Deepsea Bergen drilling facility in position 59°20'13.21"N and 2°21'53.28"E.The drilling programme for well 25/9-19 S relates to the drilling…
14 October 2019
Drilling Permit for Well 35/11-23 in Production Licence 090
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 35/11-23, cf. Section 15 of the Resource Management Regulations.Well 35/11-23 will be drilled from the Deepsea Atlantic drilling facility in position 61°1'14.7"N and 3°27'49.21"E.The drilling programme for well 35/11-23 relates to the drilling of a wildcat…
11 October 2019
Brazil: Total Expands Pre-Salt Footprint With New Deep Offshore Exploration License
Total, operator, and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazil’s National Petroleum Agency (ANP). The acreage is located in the pre-salt Campos Basin in a water depth of about 3,000 meters.“Total is pleased to expand its…
11 October 2019
Equinor – Alve – Consent for Extended Operation
Use of facilityConsent for operation of the Alve field expires on 31 December 2021. In order to recover the remaining reserves from the field, Equinor has applied for consent to extend the operating life of the facilities on the field.Petroleum Safety Authority Norway have now granted consent for the use…
11 October 2019
Sparrows Group Lands First Contract with Qatar Petroleum
International specialist equipment and integrated engineering services company, Sparrows Group, has been awarded its first contract with Qatar Petroleum to provide crane maintenance services on the PS-1 platform - located in the Idd El-Shargi field, North Dome, 85 kilometres east of Doha.The contract was awarded as part of a competitive…
11 October 2019
Fugro Completes Deepwater AUV Surveys for Shell in US Gulf of Mexico
Fugro has completed several deepwater geophysical surveys in the Gulf of Mexico for Shell International Exploration and Production Company.The project required data collection over multiple deepwater lease blocks in the greater Perdido and Mars development areas to support clearance of potential environmental, engineering, geological and archaeological hazards ahead of planned…
11 October 2019
TÜV SÜD National Engineering Laboratory Launches £16million Advanced Multiphase Facility
TÜV SÜD National Engineering Laboratory, the flow measurement R&D specialist, launched its £16million Advanced Multiphase Facility (AMF), which will help global oil and gas operators to ensure that production remains economically viable.The AMF’s test range (of operating pressures, temperatures, flowrates and metrology) is beyond the capability of any other laboratory…
11 October 2019
Long Term Future of Nigg Oil Terminal Jetty Secured
Global Energy Group has reached agreement with Repsol Sinopec Resources UK Ltd to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.Since cessation of production from the Beatrice oil field, Repsol Sinopec has been exploring reuse options for the facilities…
11 October 2019
Japan-Scotland Subsea Partnership
Scottish and Japanese companies will receive £9 million from a joint fund to work together on innovative subsea technology.Combined with investment made by the companies themselves, a total of £20.9 million of industrial research and development will go ahead.External Affairs Secretary Fiona Hyslop is in Japan this week to strengthen…
11 October 2019
Investing in Hywind Tampen Development
Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. On 11 October, two updated plans for development and operation will be submitted to Norwegian authorities.The oil and gas platforms will be the first ever powered by a floating…
10 October 2019
Cargo Number 1000 from Hammerfest LNG
Cargo number 1000 is celebrated today at the Hammerfest LNG plant on Melkøya, “the Snøhvit plant”. The cargo consists of 140 500 cubic metres of liquefied natural gas (LNG). Total sales value of all the LNG cargos since the field came on stream is in the range of NOK 130-150…
10 October 2019
Solo Oil plc: Reverse Takeover Transaction and Suspension of Trading
Solo, a natural resources investing company focused on acquiring a balanced portfolio of production, development and exploration assets, announced that its wholly owned subsidiary, Scirocco (Netherlands) Energy B.V., has entered into a binding sale and purchase agreement ("SPA") with ONE-Dyas B.V. to acquire a package of non-operated interests in natural…
10 October 2019
Maersk Supply Service Awarded Integrated Solutions Project in Brazil
Maersk Supply Service will provide an integrated mooring lines life extension solution for Shell’s FPSO Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro.“This is an important milestone for Maersk Supply Service both locally in Brazil, and globally as we continue to…
10 October 2019
Equinor Awarded New Exploration Permit Offshore Australia’s Northwest Shelf
Equinor has been awarded exploration acreage in the Northern Carnarvon Basin offshore Western Australia.The new exploration permit, WA-542-P, has been awarded to Equinor as operator and 100% owner.“We are pleased with this award which expands our position in Australia with an exploration opportunity in a proven basin,” says Paul McCafferty,…
10 October 2019
Equinor - Consent for the Use of Deepsea Atlantic – Askeladd
Petroleum Safety Authority Norway have given Equinor consent to use the Deepsea Atlantic mobile drilling facility.The consent covers the drilling and completion of three wells using Deepsea Atlantic on the Askeladd field in production licence 064.The well activities are scheduled to begin in mid-October 2019 and are expected to last…
10 October 2019
Equinor – Consent to Drill a Sidetrack in an Exploration Well in the North Sea
Petroleum Safety Authority Norway have given Equinor Energy consent to drill a sidetrack in exploration well 35/11-23 in the North Sea.Well 35/11-23 belongs to production licence 090, for which Equinor is the operator. The well has been given the prospect name of “Echino Sør”.The geographical coordinates are:61° 01' 14.70" N03°…
10 October 2019
Drilling Permit for Well 6507/7-16 S in Production Licence 888
The Norwegian Petroleum Directorate (NPD) has granted DNO North Sea (Norge) a drilling permit for well 6507/7-16, cf. Section 15 of the Resource Management Regulations.Well 6507/7-16 S will be drilled from the Island Innovator drilling facility at position 65°19'54.62"N and 7°11'51.71"E.The drilling programme for well 6507/7-16 S relates to the…
10 October 2019
Unique Group Signs Agreement with iXblue to Acquire Five DriX Units
Leading integrated subsea and offshore solutions provider Unique Group has signed an agreement to acquire five Unmanned Surface Vessels (USV) DriX units from French high-technology company iXblue, marking a significant investment in the Group’s global portfolio of survey products, increasing its autonomous offshore offerings.With an aim to continually introduce latest…
10 October 2019
Tekmar Group Makes Third Acquisition with Pipeshield International ltd
Tekmar Group plc, a market-leading technology provider of subsea protection systems announced that it has signed a sale and purchase agreement for the acquisition of Pipeshield® International ltd from its founder Steven Howlett.This is the third acquisition of the group since its admission to AIM in June 2018 and is…
9 October 2019
Forum’s Latest ROV Successfully Completes Sea Trials
Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has successfully completed sea trials in Norway.The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and powerful enough to perform subsea maintenance and repair work. It…
9 October 2019
Shelf Drilling Announces Contract Extension on the High Island VII
Shelf Drilling, Ltd. announced that it has secured a three-year contract extension on the High Island VII jack-up rig in direct continuation of its current contract for drilling operations in the Arabian Gulf. The contract includes a two-year option period.
9 October 2019
NKT Completes the HVDC Power Cable system for Scottish Caithness-Moray link, Supporting Transition to a Low Carbon Economy
NKT has successfully completed the Caithness-Moray turnkey project of a 320 kV high-voltage direct current (HVDC) XLPE off- and onshore power cable system covering a total transmission length of 160 km. The link has been in commercial operation since end-2018. For this project, the cable-laying vessel NKT Victoria made her…
9 October 2019
A Small Contribution to a Big Quest. MacArtney Support Pioneering Arctic Research Expedition
As the world steps up environmental awareness, the R/V Polarstern prepares for a yearlong stay in the Arctic ice drift, and MacArtney is playing a small part.MacArtney Germany has recently designed and delivered an underwater ice camera system for the research vessel, the R/V Polarstern - a German icebreaker embarking…
9 October 2019
Wärtsilä Hybrid Upgrade Solution to Enhance Efficiency & Sustainability for Offshore Vessel
The technology group Wärtsilä has been selected to engineer, supply, and commission a hybrid propulsion system for an offshore sector vessel. Norway-based Eidesvik AS has contracted Wärtsilä to carry out the upgrade project on its ‘Viking Neptun’ construction vessel. The order was placed in August 2019. This latest order follows…
9 October 2019
Weatherford Awarded Multiyear Deals, will Drill Development Wells, provide Well Services for Multinational Operator in Iraq
Weatherford International plc announced it has been awarded two fully integrated rig contracts and one well services (through-tubing intervention) contract with a multinational operator in one of the world’s largest proven oil fields located in Iraq.“Weatherford has operated in Iraq since 2006, longer than any other multinational oilfield services provider,”…
9 October 2019
Shawcor Announces International Offshore Pipe Coating Contracts
Shawcor Ltd. announced that its pipe coating division has entered into contracts with Subsea 7 to provide coating services for two offshore pipeline projects, the Johan Sverdrup Phase 2 project offshore Norway and a subsea tieback project offshore Australia.These projects will be executed at Shawcor’s Norwegian and Asia Pacific coating…
8 October 2019
Malin Group Gains Planning Consent for Phase One of 1000 Job Marine Industry Park on the Clyde
A major milestone has been reached in an ambitious plan to bring marine manufacturing and support industries back to the Upper Clyde.Malin Group, a Glasgow-based engineering company with a worldwide operation whose Clydeside roots go back to the Victorian era, wants to create a marine manufacturing hub at Old Kilpatrick…
8 October 2019
U.S. Department of the Interior Proposes Region-Wide Oil and Gas Lease Sale for Gulf of Mexico
In support of the Administration’s America-First Offshore Energy Strategy, Department of the Interior’s Acting Assistant Secretary for Land and Minerals Management Casey Hammond and the Bureau of Ocean Energy Management (BOEM) Acting Director Dr. Walter Cruickshank announced that BOEM proposes to offer approximately 78 million acres for a region-wide lease…
8 October 2019
Maersk Supply Service Brings Second I-class Vessel to Mexico
Maersk Supply Service has secured a 1.5 year contract with Blue Marine Group to support Pemex from subsea support vessel Maersk Installer.Joining Maersk Implementer, the vessels will assist the national oil company in achieving its targets of increasing production and carrying out safe operations.Delivered in November 2017 and May 2018…
8 October 2019
Jersey Oil and Gas plc: Option Agreement with Equinor UK Limited
Jersey Oil & Gas (JOG), an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announced that Equinor has elected not to exercise the three month option which was granted by the Company over a 50% equity interest in respect of…
8 October 2019
Jersey Oil and Gas plc: Competent Person's Report for Core Greater Buchan Area Resources
Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announced that an independent assessment of resource and valuation estimates in relation to certain oil and gas interests held by Company in the Greater Buchan Area, has…
8 October 2019
Qatar Petroleum Assumes Operatorship of the Idd El-Shargi North Dome and Idd El-Shargi South Dome Offshore Oil Fields
On 7 October, Qatar Petroleum assumed the management and operatorship of the Idd El-Shargi North Dome (ISND) and Idd El-Shargi South Dome (ISSD) offshore oil fields, following the expiry of the development and production sharing agreements with Occidental Petroleum of Qatar Ltd. for both ISND and ISSD on 6 October…