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18 September 2019
Next Generation North Sea: Contract Win Sees ASCO Support Neptune Energy
Global logistics and materials management provider, ASCO, has secured a five-year contract with international independent, Neptune Energy.The contract, which will fully kick-off in October this year will see ASCO assume responsibility for Neptune’s shorebase, logistics, marine and materials management services for the North Sea.Commended by Neptune for their commitment to…
18 September 2019
Sembcorp Marine’s Brazilian Shipyard Completes Petrobras P-68 FPSO
Sembcorp Marine’s wholly-owned and operated subsidiary Estaleiro Jurong Aracruz (EJA) has crossed a significant operational milestone with the completion of its first floating production, storage and offloading (FPSO) project.P-68, a newbuild FPSO vessel, left the shipyard on 17 September and will be deployed to the ultra-deepwater Berbigão and Sururu fields…
18 September 2019
Eni Starts Production of Baltim South West Field Offshore Egypt
Eni announced the successful commissioning and start-up of production of the offshore Baltim South West gas field in Egypt.Discovered by Eni in June 2016, the field goes on-stream in a record time, just 19 months after the final investment decision (FID) was approved in January 2018. This result further confirms…
18 September 2019
Ashtead Technology Completes Subsea Installation Monitoring for Ocean Installer
Global subsea equipment solutions specialist, Ashtead Technology, has successfully completed a subsea installation monitoring project for Ocean Installer AS in Equinor’s Askeladd and Johan Castberg fields.The contract saw Ashtead Technology provide its integrated Deflection Monitoring System (DMS) services and equipment to support the installation of eight Integrated Template Structures (ITS)…
18 September 2019
TGS Announces Strategic Milestones to Accelerate Growth
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced achievement of five milestones accelerating the company’s growth strategy. The achievements include new technologies in key basins; strengthening position in the South Atlantic; further growth onshore; enhancing imaging and efficiencies; and expanding the value chain…
18 September 2019
Sercel and BGP Jointly Launch Game-Changing GPR Ocean Bottom Node
On 16 September, Sercel and BGP announced at the SEG Conference & Exhibition in San Antonio the launch of GPR, a new ocean bottom node (OBN), designed to leverage the proven high performance of Sercel’s unique QuietSeis broadband digital sensor technology for OBN exploration and field development.With the unrivalled digital…
17 September 2019
Joe-1 Oil Discovery
Tullow Oil plc announced that the Joe-1 exploration well has successfully opened a new Upper Tertiary oil play in the Guyana basin.The Joe-1 exploration well was drilled by the Stena Forth drillship to a Total Depth of 2,175 metres in water depth of 780 metres. Evaluation of logging and sampling…
17 September 2019
Shearwater GeoServices Awarded 1st Latin American Isometrix Survey by Ecopetrol
Shearwater GeoServices Holding AS announced the award of a 3D Isometrix seismic survey by Colombia’s Ecopetrol S.A. It will be the first Isometrix survey in Latin America with marine acquisition starting in Q4 2019.The survey covers 2 000 sq. km of 3D seismic offshore Colombia on Ecopetrol’s Block COL-5 and…
17 September 2019
Kvaerner Aims to Grow in New Business Areas
Kvaerner establishes two new focus areas to grow its operations within both oil and gas projects and in renewable industries. With the new focus areas, the group is aiming for around 40 per cent growth within a few years, compared to revenues in 2018. The company will continue to be…
17 September 2019
SeaBird Exploration: Source Work in Asia Pacific Region
SeaBird Exploration announced that it has received a letter of award to provide a source vessel for an upcoming OBN project in the Asia Pacific region. The project is anticipated to commence during Q4 and will have a duration of one to two months. SeaBird will be using the Voyager…
17 September 2019
ExxonMobil Announces Oil Discovery Offshore Guyana at Tripletail
ExxonMobil said it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.Tripletail-1 encountered approximately 108 feet (33 meters) of a…
17 September 2019
ACG Awards ACE Construction Contracts
BP as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development is pleased to announce that the Azeri-Central-East (ACE) project is moving forward at pace with the awards of key contracts.The contracts, covering engineering, fabrication and construction, project management and other services follow the project final investment decision (FID) announced on…
17 September 2019
Repsol – Consent to use Rowan Viking – Yme
Petroleum Safety Authority Norway have given Repsol Norge AS consent to use the Rowan Viking mobile facility on the Yme field.The consent covers accommodation, well maintenance and well intervention activities on the Yme field in the North Sea.Drilling is scheduled to start in September-October 2019.Rowan Viking is a mobile, jack-up…
17 September 2019
Gas Discovery in the Norwegian Sea
Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea. Recoverable resources are estimated at 8–14 million standard cubic metres of oil equivalent, corresponding to 50–88 million barrels of oil equivalent (boe).“This is good news.…
17 September 2019
Utgard Field on Stream
On 16 September, Equinor and its partners started production from the Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea. The project is delivered without any personal injuries, ahead of schedule and 25% below the cost estimate.Recoverable Utgard resources are estimated at around 40 million barrels…
16 September 2019
VAALCO Energy Announces Commencement of 2019/2020 Drilling Campaign at Etame and Provides Operational Update
VAALCO Energy, Inc. announced that the Company has commenced its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field offshore Gabon. Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which the Company will commence drilling the Etame 9H…
16 September 2019
Woodside Invests in Emerging Technology for Seismic Data Acquisition
Woodside has signed a Shareholders Agreement with Perth-based Blue Ocean Monitoring Ltd (BOM) to invest in Blue Ocean Seismic Services Ltd (BOSS). BOSS is developing an innovative solution that has the potential to make ocean bottom seismic data acquisition cheaper and more accessible.Seismic data is critical for understanding geological formations…
16 September 2019
JFD Launches First Dual Mode Bite Mouthpiece that Significantly Enhances Diver Safety
JFD, the world leading underwater capability provider serving the commercial and defence diving markets and part of James Fisher and Sons plc, has announced a major safety upgrade to its Stealth rebreathers range that will significantly reduce the potential for incidents when switching to bail-out gas during mine countermeasures and…
16 September 2019
Crondall Energy Partners With Pharis Energy On Innovative Pilot Field Development
Crondall Energy, the floating production and subsea engineering specialist, has been awarded a contract by Pharis Energy to deliver the Concept Select study for the operator’s heavy oil Pilot Field development in the Central North Sea, it announced on Thursday, 12 September 2019.Pharis Energy hopes to become the first operator…
16 September 2019
IMCA to Introduce CPD Scheme for Diving Supervisors
The International Marine Contractors Association (IMCA) has launched its pilot Continuing Professional Development (CPD) scheme for diving supervisors. As announced in November 2018, the App based scheme incorporates the very latest in training techniques and is available in IOS, Android, tablet and PC formats.Trials of the App are now ready…
13 September 2019
STATS Sign MoU To Provide Technology To Russia
STATS Group has signed a trilateral Memorandum of Understanding (MoU) which will significantly increase their presence on Sakhalin-2, Russia’s first offshore gas project.The MoU between STATS, Sakhalin Energy and OOO INTRA Services Company was signed during the Eastern Economic Forum in Vladivostok, which was attended by Russian Federation President, Vladimir…
13 September 2019
Talos Energy Receives Extension and Approval for Additional Exploration on Offshore Mexico Block 7
Talos Energy Inc. announced that it has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico's prolific Sureste Basin. Talos is the operator of Block 7 in a consortium with its partners Sierra Oil…
13 September 2019
LOC Group: Contract Award with Brunei Shell Petroleum
LOC Group, a leading provider of services to the offshore oil and gas industry, announced that it has signed a three-year contract with Brunei Shell Petroleum Company (“BSP”) for a range of services in Brunei.The scope of the contract includes, but is not limited to; Marine Assurance audits, Dynamic Positioning…
13 September 2019
James Fisher Offshore Increases Middle East Decommissioning Activities with Major Offshore Jacket Removal Project in Saudi Arabia
James Fisher Offshore (JFO), a global provider of specialist offshore engineering solutions, has increased its oil and gas decommissioning activities in the Middle East with a new offshore platform jacket removal project in Saudi Arabia. The work will utilise its pioneering cutting solution which is capable of delivering significant time-saving…
13 September 2019
First Power Generated at East Anglia’s Largest Offshore Wind
East Anglia ONE offshore windfarm, a joint venture between ScottishPower Renewables and Green Investment Group, has successfully generated its first power as the project takes another significant step towards completion.As of Thursday 12th September, clean, green power from one turbine is now flowing to the onshore substation at Burstall, near…
12 September 2019
Equinor – Consent for Exploration Drilling in the Barents Sea
Petroleum Safety Authority Norway have given Equinor Energy consent for exploration drilling in block 7219/9 in the Barents Sea.Well 7219/9-3 belongs to production licence 532, for which Equinor is the operator. The well has been given the prospect name of “Mist”.The drilling location is in the Barents Sea, around 22…
12 September 2019
Equinor – Tordis – Consent for Extended Operation
Petroleum Safety Authority Norway have given Equinor Energy consent to use the facilities on the Tordis field beyond their original operating life.Consent for operation of the Tordis field expires on 31 December 2019. In order to recover the remaining reserves from the field, Equinor has applied for consent to extend…
12 September 2019
Equinor – Vigdis – Consent for Extended Operation
Petroleum Safety Authority Norway have given Equinor Energy consent to use the facilities on the Vigdis field beyond their original operating life.Consent for operation of the Vigdis field expires on 9 March 2024. In order to recover the remaining reserves from the field, Equinor, the operator, has applied for consent…
11 September 2019
Shearwater GeoServices Awarded Isometrix Projects by Lundin Norway and Spirit Energy Norway
Shearwater GeoServices Holding AS announced the award of a master services agreement by Lundin Norway AS, and new Isometrix seismic acquisition projects for Lundin and Spirit Energy Norway AS in the Barents Sea, Norway.Both projects are Flexisource quad-source Isometrix projects with 50m streamer separation which will deliver a true 3D…
11 September 2019
Foundation Installation Starts at Belgium’s Largest Offshore Wind Farm
DEME’s installation vessel ‘Innovation’ will set sail to the Belgian North Sea with the first load of 58 turbine foundations and transition pieces for installation at the SeaMade offshore wind farm. Currently the first monopiles and transition pieces are being loaded at SIF’s Maasvlakte terminal in Rotterdam.With a 487 MW…
11 September 2019
Plans Announced to Build the World’s Largest Ocean Powered Data Centre in Caithness, Scotland
SIMEC Atlantis Energy Limited, the global developer, owner and operator of sustainable energy projects, has announced ambitions for a tidal-powered data centre in the Caithness region of Scotland. The power supply for such a data centre would include electricity supplied via a private wire network from tidal turbines at the…
11 September 2019
Independent Oil and Gas plc: EUR100 million Bond Issue
Independent Oil and Gas plc ("IOG"), the development and production company focused on becoming a substantial UK gas producer, confirmed the successful arrangement of a EUR100 million 5-year senior secured bond issuance (“Bond”).Proceeds of the Bond will be used to fund capital expenditure on IOG’s gas development project in the…
11 September 2019
Cairn Energy PLC: Half-yearly Results 2019
H1 2019 Summary - Combined net oil and gas production ahead of 2019 guidance at ~23,700 boepd (+15% v previous six months) - Oil and gas sales revenue US$257m, average realised price US$68/boe; average production cost US$17/boe - Net cash inflow from oil and gas production US$177m - Capital expenditure:…
11 September 2019
Subsea 7 Awarded Contract Offshore Saudi Arabia
Subsea 7 S.A. announced the award of a large(1) contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia. The engineering, procurement, construction and installation (EPCI) contract is awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro. The consortium’s…
11 September 2019
Dry Well near the Mikkel Field in the Norwegian Sea - 6407/3-2 S
Equinor Energy AS, operator of production licences 796 and 796 B, has concluded the drilling of wildcat well 6407/3-2 S.The well was drilled about 8 kilometres northeast of the Mikkel field in the Norwegian Sea and 183 kilometres north of Kristiansund.The primary exploration target for the well was to prove…
11 September 2019
Successful Exploration for Seabed Minerals
The Norwegian Petroleum Directorate (NPD) has just completed a successful data acquisition expedition on the Mohns Ridge in the north-western Norwegian Sea, using the Seabed Constructor vessel.During the four-week expedition, the NPD has made several discoveries of previously unknown sulphide deposits, and collected data covering large areas. These deposits include…
11 September 2019
i3 Energy plc: Liberator Well 13/23c-9 (LPt-02) Preliminary Result
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced that the 13/23c-9 pilot well drilled by the Borgland Dolphin on i3 Energy's 100% owned Liberator Field has reached total depth at 5818 ft True Vertical Depth Sub-sea (TVDSS) in the Valhall formation.…
11 September 2019
Weatherford Signs $87 million Contract with Petrobras
Weatherford International plc, announced the signing of an $87 million contract for fishing and intervention services with Petróleo Brasileiro S.A., which is more commonly known as Brazilian-based multinational corporation Petrobras. The four-year agreement represents the largest fishing contract ever signed by Weatherford. It also constitutes the largest single global award…
11 September 2019
Vallourec has been Awarded a USD 900 million Contract with ADNOC for the Supply of Tubing and Casing
Vallourec has been awarded a contract by Abu Dhabi National Oil Company for the supply of tubing and casing, over a five year period, with a possible 2-year extension, for an amount of USD 900 million.It covers a full range of products, from standard API to high end premium OCTG…
11 September 2019
Vår Energi – Consent to use Island Constructor – Goliat
Petroleum Safety Authority Norway have given Vår Energi consent to use Island Constructor for well intervention on the Goliat field.In August 2019, Vår Energi received consent to use the Island Constructor well intervention facility for well intervention on the Goliat field in the Barents Sea The consent has been extended…
11 September 2019
Independent Oil and Gas plc: Harvey Update
Independent Oil and Gas plc ("IOG"), the development and production company focused on becoming a substantial UK gas producer, provided an update on the Harvey appraisal well 48/24b-6 in the UK Southern North Sea Gas Basin.The well has reached a total depth of 7,537 ft Measured Depth (MD) in the…
11 September 2019
SeaBird Exploration: 2D Survey in Australasia Region
SeaBird Exploration announced that the company has received notification of an award to acquire 2D seismic data in the Australasia region. The survey is due to commence during Q4 2019 and is estimated to run for approximately three to four months plus mobilization. The company will be using the Nordic…
11 September 2019
GC Rieber Shipping: Shearwater GeoServices Awarded Large South America Survey
GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices announced the award of a large survey to be acquired in South America starting in Q4 2019.The 6-month project covers approximately 8,500 sq. km and will be acquired by the Amazon Warrior using 14-streamers and Flexisource triple source. The Amazon…
11 September 2019
Panoro Energy Announces Hibiscus Updip Update
Panoro Energy ASA reported an update on its drilling operation on the Hibiscus Updip well (“DHIBM-1”), located on Dussafu Marin Permit, offshore Gabon.The DHIBM-1 well was drilled on the Hibiscus Updip prospect and reached a Total Depth of 3,538 metres. An oil discovery was made in the Gamba formation with…
10 September 2019
VOS Sugar Contributes to Southern North Sea Inspection Campaign
Subsea-support vessel VOS Sugar has again been operating in close cooperation with our valued partner Bluestream, working together for the third year in succession on a Southern North Sea Inspection campaign.VOS Sugar has built up a long track record of subsea work in the Oil & Gas sector. This expertise…
10 September 2019
Shearwater GeoServices Awarded Acquisition and Processing Contract in Turkey
GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices announced the award of a seismic acquisition and depth processing contract by Türkiye Petrolleri Anonim Ortaklığı (TPAO). It is the second project to be executed for TPAO in 2019.The survey covers an area of 6,200 sq. km and includes fast-track…
10 September 2019
Hurricane Energy plc: 'Lincoln Crestal' 205/26b-14 Well Update
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provided an update in relation to the 205/26b-14 well ("Lincoln Crestal").The Company notes speculation regarding the flare on the Transocean Leader drilling rig. The Company confirms that a drill stem test…
10 September 2019
United Oil & Gas PLC: Confirmation of Award of Four Blocks in the UK North Sea
United Oil & Gas Plc, the oil and gas exploration and development company, confirmed that further to the announcement of 5 June 2019, it has accepted the formal offer from the Oil and Gas Authority, the UK oil and gas regulator, of a 100% interest in Blocks 14/15c, 15/11c, 15/12a,…
10 September 2019
Heerema's Crane Vessel Sleipnir Lifts a World Record 15,300 Tonnes
Heerema’s SSCV Sleipnir, the world’s largest crane vessel, completed a 15,300 tonnes lift this weekend, installing the topsides for Noble Energy’s Leviathan development in the Mediterranean.This sets a world record: lifting a module of 15,300 tonnes was never done by a crane vessel before.For the Leviathan development Sleipnir installed its…
10 September 2019
Alvheim Ready to Speed up Digital Transformation
Tampnet and Aker BP have finished the deployment of fibre optic cable to the Aker BP operated FPSO Alvheim. The FPSO is now connected to Tampnet’s subsea fibre optic network providing high redundancy and capacity, preparing Alvheim for the digital transition.Alvheim was already connected to Tampnet’s network, but this was…