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21 August 2019
All Foundations on Formosa 1 Phase 2 Installed
Jan De Nul Group has successfully completed installation of all twenty foundations on the 120MW Formosa 1 Phase 2 wind farm in Taiwan.As part of Jan De Nul Group’s EPCI contract for building of the overall Balance of Plant, Jan De Nul Group mobilised the Seaway Yudin to install the…
21 August 2019
BOEM Approves Cook Inlet Geophysical Survey
After a careful environmental review, the Bureau of Ocean Energy Management (BOEM) today announced it has approved a permit from Hilcorp Alaska LLC to conduct a geophysical survey in the federal waters of Cook Inlet, off the coast of Southcentral Alaska. The area to be surveyed is in the lower…
21 August 2019
Bahamas Petroleum Company plc: Progress Towards Commencement of Exploration Drilling and Notice of Annual General Meeting
Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, announced that it has entered into a series of agreements as part of a coordinated approach toward drilling its first exploration well in The Bahamas in 2020.Highlights- On course…
21 August 2019
Equinor Expands its Cooperation with YPF for Offshore Exploration in Argentina
Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argentinian Basin.The preliminary agreement, which was signed at Equinor’s office in Oslo, Norway, sets the core terms and conditions for YPF’s…
21 August 2019
Aker Solutions to Deliver Umbilicals for the Dalma Gas Development Project in the United Arab Emirates (UAE)
Aker Solutions has won an order from ADNOC (Abu Dhabi National Oil Company) to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the shallow waters of the Persian Gulf."This is the first subsea umbilical award by ADNOC in the UAE and the first subsea award…
20 August 2019
DOF Awarded Two AHTS Contracts to Support Drilling Operations in New Zealand
DOF has been awarded two AHTS contracts to support drilling operations in New Zealand. Skandi Emerald and Skandi Atlantic, built in 2011 and 2012 respectively, have been contracted by OMV NZ for 2 wells firm, plus 2 x 1 well options, to support drilling rig COSL Prospector. Both vessels are…
20 August 2019
Tap Oil Limited: Completion of Development Drilling Program
Tap Oil Limited provided updated information in relation to the completion of the Manora Development drilling program which commenced with the first well spudded on the 9th July 2019 using the Ensco 115 jack-up drilling rig. The program entailed batch drilling of the top-hole sections of three wells followed by…
20 August 2019
Empyrean Energy PLC: Duyung PSC, Operational Update
Empyrean Energy Plc, the oil and gas development company with interests in China, Indonesia and the United States, provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin, offshore Indonesia, in which Empyrean holds an 8.5% interest.The campaign will comprise…
20 August 2019
Petrofac and SOCAR JV Secures Engineering and Technical Services Contract in Azerbaijan
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an Engineering and Technical Services contract to support Total and SOCAR’s Exploration & Production activities in Azerbaijan.The 12-month contract, with option to extend, will support activity in the Absheron natural gas…
20 August 2019
Dry Well Northeast of the Norne Field in the Norwegian Sea – 6608/6-1
Aker BP ASA, operator of production licence 762, has concluded the drilling of wildcat well 6608/6-1.The well was drilled about 65 kilometres northeast of the Norne field and 170 kilometres west of Sandnessjøen.The objective of the well was to prove petroleum in reservoir rocks from the Permian Age.Well 6608/6-1 encountered…
20 August 2019
New Light Oil Discovery in the Barents Sea
Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are preliminarily estimated at 20-65 million barrels of oil.The Sputnik well was drilled in licence PL855, approximately 30 kilometres North East of the Wisting discovery. The well encountered…
20 August 2019
Oil Discovery North of the 7324/8-1 (Wisting) Oil Discovery in the Barents Sea – 7324/6-1
Equinor Energy AS, operator of production licence 855, has completed the drilling of wildcat well 7324/6-1.The well was drilled about 30 kilometres northeast of the 7324/8-1 (Wisting) oil discovery and 350 kilometres north of Hammerfest.The objective of the well was to prove oil in two reservoir levels in the middle…
20 August 2019
Hibiscus Petroleum Completes Three‐Well St Joseph Infill Drilling Campaign
Hibiscus Petroleum Berhad announced that its wholly‐owned subsidiary, SEA Hibiscus Sdn Bhd, has safely and successfully completed the St Joseph Infill Drilling campaign in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (“North Sabah PSC”). This campaign entailed the drilling and completion of three infill oil producers, utilizing…
20 August 2019
Swire Seabed Completes Unmanned Subsea Pipeline Inspection for Equinor in the North Sea
Swire Seabed has successfully completed a second offshore pipeline campaign for Equinor in the North Sea. The campaign, undertaken in July 2019, is the first fully unmanned offshore pipeline inspection ‘over the horizon’ ever completed, surveying up to 100 km from the shore.The recent inspections by Swire Seabed were completed…
19 August 2019
Oil Discovery at the Goddo Prospect, on the Utsira High, Norwegian North Sea
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS has made an oil discovery at exploration well 16/5-8s, targeting the Goddo prospect in PL815 approximately 14 km South of the Edvard Grieg field in the Norwegian North Sea.The main objective of the well was to prove oil…
19 August 2019
Reliance Awards Worley a PMC Services Contract
INTECSEA Inc, a wholly owned subsidiary of Worley, has been awarded a project management consultancy (“PMC”) contract by Reliance Industries Limited for the MJ Field deep-water gas and condensate project.Under the contract, INTECSEA Inc will provide PMC services for the development of Reliance’s subsea gas and condensate resource located in…
19 August 2019
Hunting Energy Services and Jindal SAW Ltd. Form Strategic Partnership
Hunting Energy Services (a wholly-owned subsidiary of Hunting PLC), with its leading Premium Connections technology, has signed a strategic alliance with Jindal SAW Ltd., leaders in pipe manufacturing, in New Delhi.Under the partnership, Hunting Energy Services will share their patented Premium Connections technology with Jindal SAW Ltd., who in turn…
19 August 2019
BW Offshore: Contract Extension for Petróleo Nautipa
BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Petróleo Nautipa. The FPSO is operating on the Etame field offshore Gabon for VAALCO Energy.The firm period has been extended to Q3 2021 (from Q3 2020), with options until Q3 2022.
19 August 2019
Jan De Nul Bags 600MW Kriegers Flak Contract
Jan De Nul Group signs a contract with Vattenfall Vindkraft Kriegers Flak P/S for the transport and installation of 72 8.4MW Siemens Wind Turbine Generators (WTG) for the Kriegers Flak Offshore Wind Farm (OWF) in Denmark.“We are proud to have been awarded an offshore WTG installation project of this magnitude”,…
19 August 2019
Drilling Permit for Well 6507/5-9 S in Production Licence 838
The Norwegian Petroleum Directorate has granted PGNiG Upstream Norway AS a drilling permit for well 6507/5-9 S cf. Section 15 of the Resource Management Regulations.Well 6507/5-9 S will be drilled from the Deepsea Nordkapp drilling facility in position 65°39'35.87"N and 7°38'51.07"E after completing the drilling of development wells on Skogul…
19 August 2019
BW Offshore: Approved by ANP as Operator in Brazil and Transfer of the Participating Interest in the Maromba Field
BW Offshore (BWO) announced that The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as operator in Brazil and approved the transfer of Chevron and Petrobras' participating interest in the Maromba field to BW Offshore."We are proud to announce that our subsidiary BW…
19 August 2019
Small Oil Discovery South of the Edvard Grieg Field - 16/5-8 S
Lundin Norway AS, operator of production licence 815, is in the process of completing the drilling of wildcat well 16/5-8 S.The well was drilled about 14 kilometres south of the Edvard Grieg field in the central part of the North Sea, 285 kilometres west of Stavanger.The primary exploration target for…
19 August 2019
Equinor Completes Acquisition with Shell in the US Gulf of Mexico
The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. Equinor’s interest in the…
19 August 2019
Seadrill Limited – Joint Venture with Gulf Drilling International
Seadrill Limited refers to the announcements made on May 1, 2019 in connection with the award of drilling contracts by Qatar Petroleum to Gulf Drilling International (“GDI”).Seadrill and GDI have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar…
19 August 2019
Oceaneering Wins Subsea Wellhead Removal from Lundin
Oceaneering International, Inc. has announced that its wholly owned subsidiary Oceaneering AS has secured a contract from Lundin Norway AS covering the removal of the Jorvik subsea well in Norway, with options for additional wells.The removal project, which is part of an ongoing rig chase multi-client campaign, is expected to…
19 August 2019
Well-Safe Solutions Awards Two Multi-million-pound Contracts to Refurbish the Well-Safe Guardian
Well-Safe Solutions has announced the award of two multi-million-pound contracts to continue the refurbishment of the Well-Safe Guardian, the decommissioning company’s first asset, into a bespoke plug and abandonment unit.Global Energy Group and Rigfit7seas have been appointed to deliver the ambitious upgrade of the semi-submersible drilling rig.Global Energy Group will…
19 August 2019
Subsea Innovation Announces Contract Win in Norway with TechnipFMC
Subsea Innovation Ltd, part of Tekmar Group plc, has announced a contract win with TechnipFMC in Norway, building the company’s market presence in the region. In 2018 Subsea Innovation developed a next-generation seal for their Pipe in Pipe Waterstops. Waterstop Seals provide a solution for isolating a section of flooded…
19 August 2019
Minesto Resumes DG500 Kite System Operations
Leading marine energy developer Minesto has resumed testing of its commercial-scale DG500 kite system at the company’s Holyhead Deep site off North Wales.“We are very pleased to be back in the water with the DG500 kite system, and we are looking forward to the continued testing operations. The team has…
19 August 2019
Equinor – Consent for Light Well Intervention
Petroleum Safety Authority Norway have given Equinor consent to use Island Wellserver for light well intervention.Equinor has applied for permission to use the Island Wellserver mobile drilling facility for light well intervention. The consent concerns an extension to an existing light well intervention consent and a new work operation using…
19 August 2019
Vår Energi has Completed Field Divestment
Vår Energi AS has finalised the divestment of 10 percent ownership interests in six Vår Energi-operated licenses across the Balder and Ringhorne fields in the North Sea to Mime Petroleum AS.“We are pleased with having Mime Petroleum as a new partner; investing in our ambitious joint plans to continue the…
19 August 2019
Mariner on Stream
Equinor and partners announced first oil from the Mariner field in the UK North Sea on 15th August. The field is expected to produce more than 300 million barrels of oil over the next 30 years.“The start-up of Mariner, the first Equinor-operated oil field on the UKCS, establishes our foothold…
19 August 2019
Solstad Offshore: New Contract in Brazil
Solstad Offshore has entered into a contract with Total E&P do Brasil (Total) for charter of a PSV for 13 months firm. Total has the option to extend the charter with additional 2 x 6 months.Commencement of the contract is in August 2019, and the AHTS Far Sagaris will be…
19 August 2019
TGS Completes Acquisition of Spectrum
Geophysical Company ASA ("TGS") announced that it has completed its acquisition of Spectrum ASA, creating a leading global multi-client geophysical data provider. TGS first announced its intent to acquire Spectrum on 2 May 2019.Completion of the acquisition and the merger plan has today been registered with the Norwegian Register of…
19 August 2019
FPSO Market is Booming with Brazil Fueling Demand
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil.South America leads the pack with 12 sanctioned FPSO projects planned by the end of next year,…
19 August 2019
How to Unlock Value from Data in Upstream Oil and Gas
Why upstream oil and gas needs a data consortium.Oil and gas companies are not short of data. But the value drawn from it is limited. In the first of our three-part series, Preston Cody, Head of the Wood Mackenzie Analytics Lab, explains how data consortiums can unlock more value for…
19 August 2019
Tekmar Selected for Formosa 1 Phase 2
Tekmar Energy announced that subsea power cable provider JDR Cables, part of TFKable Group, have selected the patented Tekmar Cable Protection System (CPS) TekLink® Mechanical Latch for the Formosa 1 Phase 2 offshore wind farm.Formosa 1 Phase 2 is a project located 6km from the shore of Taiwan, consisting of…
19 August 2019
Interventek Scoops £1M+ Contract to Supply Open Water Well Intervention Safety Valves to Trendsetter
Aberdeen-based, subsea well intervention technology specialist, Interventek has been awarded a contract exceeding £1M to deliver their 6-3/8”, 15,000psi, Open Water Revolution Valves to Trendsetter Engineering in Houston.The shear-and-seal subsea safety valves will be delivered by early 2020 for integration into Trendsetter’s MkII 15K Light Riser Intervention System (LRIS). The…
19 August 2019
MDL: West of Shetland Return with i-Tech 7
MDL has completed a flexible installation project in the North Sea with i-Tech 7, Subsea 7’s Life of Field business unit – marking a return to the field two years after the original award.The work scope – part of i-Tech 7’s inspection, repair and maintenance (IRM) campaign West of Shetland…
19 August 2019
EDS HV Group Completes Cable Installation, Termination and Testing Work for ZTT at Hohe See Offshore Wind Farm
High voltage engineering specialist, EDS HV Group (EDS) has successfully completed installation, termination and testing work for cable manufacturer Zhongtian Technology Submarine Cable Co., Ltd. (ZTT) on the EnBW Hohe See project.EDS, which is part of the UK’s leading marine services company – James Fisher and Sons plc, helped to…
19 August 2019
Independent Oil and Gas plc: Project and Funding Update
Independent Oil and Gas plc, the development and production company focused on becoming a substantial UK gas producer, provided a project and funding update, further to recent announcements relating to the proposed farm-out and bond issue.Full update here.
19 August 2019
i3 Energy plc: Borgland Dolphin Move Operations
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced that the Borgland Dolphin semi-submersible drilling rig has completed its acceptance testing. The Borgland, which i3 has contracted for a 94-day drilling programme, is commencing move preparations today and is expected to begin…
19 August 2019
Orbital Marine Power Awards Manufacturing Contract for O2 Tidal Turbine to TEXO Group
Orbital Marine Power Ltd, the world’s leading developer of floating tidal stream turbines, have awarded the main manufacturing contract for the company’s first commercial O2 tidal turbine to Scottish based TEXO Group who will carry out the work at their quayside facilities in Dundee.The multi-million-pound contract marks the start of…
19 August 2019
Repsol - Consent to Extend the Life of the Rev Field
Petroleum Safety Authority Norway have given Repsol consent to extend the life of the Rev field until April 2021.Repsol of the operator of the Rev field, which is located in the south of the Norwegian sector of the North Sea. Rev was proven in 2001, and the plan for development…
19 August 2019
Equinor - Consent for Exploration Drilling in the Norwegian Sea
Petroleum Safety Authority Norway have given Equinor consent to drill exploration well 6407/3-2 S in production licence 796 in the Norwegian Sea.The drilling location is north-west of the Mikkel field and around 105 kilometres from Froan in Trøndelag.Well 6407/3-2 S, named “Lanterna”, has the following geographical coordinates:64° 45' 25.74" N07°…
19 August 2019
Nord Stream 2 Vessel Working near Rügen
The pipelay vessel CASTORO 10 (C10) is currently located off Rügen to tie together the two ends of a Nord Stream 2 pipe string laid last year on the seabed. The two sections will be connected above water with a weld seam.In what is known as an Above-Water Tie-In (AWTI)…
19 August 2019
Start-up Consent for the Utgard Field
The Norwegian Petroleum Directorate has granted its consent to start-up of the Utgard field in the North Sea.Operator Equinor is planning start-up during autumn 2019.The field is located on the border with the UK, and the Norwegian share is 62 per cent. Consent for start-up of Utgard is granted to…
13 August 2019
Providence Resources P.l.c.: Update on Barryroe Farm-out Transaction
Providence Resources P.l.c., the Irish based Energy Company, provided a commercial and operational update in relation to Standard Exploration Licence (“SEL”) 1/11 which contains the Barryroe oil accumulation. SEL 1/11 is operated by EXOLA DAC (“Operator”, 40%), a wholly-owned Providence subsidiary, on behalf of its partners, APEC Energy Enterprises Limited…
13 August 2019
Europa Oil & Gas (Holdings) plc: 12 month Extension to FEL 2/13, Offshore Ireland
Europa Oil & Gas (Holdings) plc, the UK and Ireland focused oil and gas exploration, development and production company, announced that the Irish Government has approved the Company’s application for a 12 month extension to the First Phase of Frontier Exploration Licence 2/13 (‘FEL 2/13’) to 4 July 2020. Europa…
13 August 2019
2019 High Impact Discoveries Already Exceed Whole of 2018, but it’s Back to Gas
High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018. It’s back to gas though, with gas discoveries up and oil down on 2018.More information here.