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13 August 2019
OPEX Secures New Multi-million pound Contract with CNOOC
OPEX has secured a new multi-million-pound contract with CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, for digital services across the company’s UKCS assets.The three-year contract, with extension options, will see our X-PAS™ predictive analysis service rolled out on the Buzzard, Golden Eagle and Scott platforms, supporting operations…
13 August 2019
OGA Releases Final Datasets from 3-Year UKCS Regional Geological Maps
The eagerly awaited final set of geological maps from the OGA’s UKCS Regional Geological Maps project have been released.The maps produced by Lloyd’s Register, mark the culmination of a three-year project, which has delivered a set of high quality digital, updateable, regional geological maps and associated databases for all the…
13 August 2019
James Fisher and Sons Plc: Acquisition of SM Continental S.A.
James Fisher and Sons Plc announced the acquisition of 60% of the share capital of Continental Participação E Administração Ltda., the holding company of Serviços Marítimos Continental S.A. (together "Continental") for a total cash consideration of £7.5m, £4.9m payable on completion and £2.6m payable in January 2022. Continental is an…
13 August 2019
COOEC Offshore and Expro form International Riserless Well Intervention Alliance
China based offshore and subsea solutions company, COOEC Offshore, has formed an alliance with international oilfield services company, Expro.The formal exclusive agreement allows both companies, which are already globally recognised as safe providers of high-quality subsea and well intervention solutions, to expand its capabilities and resources.COOEC Offshore, as a division…
13 August 2019
Halliburton Wins Drilling, Completion and Testing Services Contracts for Woodside-Operated Senegal Deepwater Project
Woodside Energy (Senegal) BV awarded Halliburton Company nine conditional(1) contracts for drilling and completion services for SNE Field Development Phase 1 offshore Senegal.The drilling campaign, which is due to start in late 2020 or early 2021, is for drilling and completing 18 wells with up to eight optional wells over…
12 August 2019
Production Drilling Starts on the Dvalin Field in Norway
Wintershall Dea has begun drilling four production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 2020. The Dvalin field will strengthen Wintershall Dea’s position as one of the largest gas exporters from Norway.Drilling of the production wells from the Transocean…
12 August 2019
Deep Down Receives Umbilical Support Order from Shell Trinidad and Tobago
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced that it has received an order for umbilical support services directly from Shell Trinidad and Tobago.The order is for the design, fabrication, project management, and installation support for an umbilical…
12 August 2019
Panoro Kicks-off 2019 Exploration Campaign
Panoro Energy ASA has initiated its 2019/2020 drilling campaign with the spudding of the Hibiscus Updip prospect on the Dussafu Marin Permit.John Hamilton CEO of Panoro Energy said: “We have a very exciting 12 months ahead of us with two material exploration wells to be drilled in 2019, first the…
12 August 2019
Sale of Offshore Supply Ship Siem Marlin
Siem Offshore has signed an agreement with Marine Platforms Ltd for the sale of the 2009 built MRSV, “Siem Marlin”. The agreement is made at market terms. Delivery of the vessel to the new owner is scheduled to take place this week.
12 August 2019
Saipem to Establish a Spool-base in the US Gulf of Mexico
Saipem will establish a spool-base on Greenwood Island, Pascagoula, Mississippi. A spool-base is a facility which allows long lengths of pipe to be welded together before reeling them onto a pipelay vessel. The Saipem spool-base will be a highly specialized site designed to provide support for vessels performing pipelay activities…
12 August 2019
Murphy Oil Corporation Announces Second Quarter Financial and Operating Results
Murphy Oil Corporation reported financial and operating results for the quarter ended June 30, 2019, including net income attributable to Murphy of $92 million, or $0.54 per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $36 million, or $0.21 per diluted share.The recently divested…
12 August 2019
Jethro-1 Oil Discovery
Tullow Oil plc announced the results of its Jethro-1 exploration well, drilled on the Orinduik licence offshore Guyana by its wholly owned subsidiary Tullow Guyana B.V.The Jethro-1 was drilled by the Stena Forth drillship to a Total Depth of 4,400m metres in approximately 1,350 metres of water. Evaluation of logging…
12 August 2019
Mermaid Maritime Continues to Secure Subsea Contracts in its Key Middle East and South East Asian Markets
Mermaid Maritime Public Company Limited (“Mermaid”) announced that its Middle East and South East Asian business units have recently been awarded subsea contracts with a combined total estimated potential contract value of USD 7.4 million.The first highlighted package of work, commencing in the third quarter of 2019, involves use of…
12 August 2019
Heerema Lands Second Large Wind Contract in Taiwan
Another prestigious contract is awarded to Heerema Marine Contractors for an offshore wind project in Taiwan, this time in the middle of Taiwan. The Greater Changhua offshore wind projects consist of four sites in the Taiwan Strait, from 35 km to 60 km off the coast of Changhua County. Danish…
9 August 2019
Amplus Energy Awarded First Major Contract in Angola
Aberdeen-based floating production solutions specialist Amplus Energy Services has been awarded a multi-million-dollar contract to re-evaluate the development of marginal fields in Angola.The aim of the contract is to develop economically viable field development solutions for a major operator in Angola.The six-month project will be managed by Amplus Energy Services…
9 August 2019
Nord Stream 2: Last Pipe Leaves Port of Karlshamn
The last Nord Stream 2 pipe stored within the premises of the port of Karlshamn left the storage area earlier today. Nearly 39,000 pipes have transited through the port since October 7, 2017. Out of these, almost 37,000 pipes have been shipped to the pipelay vessels working on the Swedish…
9 August 2019
Briggs Marine Dive Team Secure Framework Agreement With SSE Hydro
Briggs Marine Contractors Ltd (BMC) have been awarded a three year ( +three year), multisite framework agreement for the underwater inspection and maintenance of SSE Hydro and Thermal power generation sites throughout Scotland and the United Kingdom. The Briggs Marine Dive Team, who are approved for in-water inspection by ABS,…
9 August 2019
Helix Announces Contract for New Q7000 Vessel
Helix Energy Solutions Group, Inc. announced that it has entered into a contract for its new-build semi-submersible well intervention vessel, the Q7000. The vessel will be performing subsea workover and integrated well intervention services with a major client offshore Nigeria, an estimated minimum 80-day campaign. Helix continues to mobilize the…
9 August 2019
Providence Resources P.l.c.: Award of Site Survey Permit
The Barryroe Partners can now confirm that they have received permission from the Minister of State at the Department of Communications, Climate Action and Environment to undertake a seabed debris clearance, environmental baseline and habitat assessment site survey (the “site survey”) over the area of the Barryroe field within SEL…
9 August 2019
All 3 Export Cables on Formosa 1 Phase 2 Safely Installed
Jan De Nul Group’s Cable Laying Vessel Willem de Vlamingh has successfully installed the three export cables 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 its…
9 August 2019
Small Gas Discovery near the Bøyla Field in the North Sea - 24/9-13 and 24/9-13 A
Aker BP ASA, operator of production licence 869, has completed the drilling of wildcat well 24/9-13 and appraisal well 24/9-13 A.The wells were drilled about 6 kilometres southwest of the Bøyla field, and about 230 kilometres west of Stavanger.The objective of wildcat well 24/9-13 was to prove petroleum in reservoir…
9 August 2019
Long term Contract for PSV Skandi Feistein with Esso Australia
DOF Rederi AS, a wholly owned subsidiary of DOF ASA, has signed a 5-year contract for the PSV Skandi Feistein with Esso Australia Pty Ltd.The contract will commence in second half 2019. Skandi Feistein is a large PSV built in Norway in 2011.Mons S. Aase, CEO DOF ASA comments: "This…
9 August 2019
Contract Award for Skandi Skansen
DOF Subsea Group announced the successful contract award for a major operator within the UKCS sector to decommission subsea infrastructure in Q3, 2019. The works will be undertaken by the Skandi Skansen together with DOF owned AHTS vessels. This is the second award with the same operator in as many…
8 August 2019
Subsea Innovation Delivers New Launch and Recovery Systems to Global Clients
Subsea Innovation Ltd, part of Tekmar Group plc, are a market leader in the supply and refurbishment of launch and recovery systems (LARS). The workshop is currently busy with 5 systems in progress and will soon be dispatched to their clients who have projects in progress requiring these systems.In the…
2 August 2019
Tekmar to Supply Cable Protection for the World’s Largest Offshore Wind Farm, Hornsea Two
Tekmar Energy has signed a contract with the world’s largest offshore wind developer Ørsted, to provide Cable Protection Systems for Hornsea Two offshore wind farm.Tekmar will provide their patented Tekmar Cable Protection System (CPS) TekLink® Mechanical Latch for the wind farm, which when constructed will become the world’s largest offshore…
2 August 2019
Shell Completes Sale of Upstream Interests in Denmark to Noreco for $1.9 billion
Royal Dutch Shell plc, through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU), holding a 36.8% non-operating interest in the Danish Underground Consortium (DUC), to Norwegian Energy Company ASA (Noreco) for a consideration amount of $1.9 billion.Completion of…
2 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…
2 August 2019
Lamprell plc: Trading Update
Lamprell announced the following update on its performance in the year to date.Operational updateThe Belfast-based assembly of the final jackets for the East Anglia One project has now completed. All 60 jackets have been installed by the client and the parties are in discussions around commercial close out of the…
2 August 2019
Proprietary Acquisition for Nabirm Global LLC
Electromagnetic Geoservices ASA ("EMGS") announced that it has been awarded a contract from Nabirm Global LLC for a proprietary 3D CSEM survey over Block 2113A, Petroleum Exploration License (PEL 0058) in the Walvis Basin offshore Namibia. The contract value is in excess of USD 1 million.Under the contract, EMGS will…
2 August 2019
McDermott Awarded Offshore EPCI Contract by Saudi Aramco
McDermott International, Inc. announced it has been awarded a large* contract by Saudi Aramco to provide engineering, procurement, construction and installation (EPCI) of a production deck module (PDM) in the Hasbah gas field with hook-up and modification works in Saudi Arabia's Karan fields located offshore in the Arabian Gulf.The scope…
2 August 2019
Licensing Rounds
The Oil and Gas Authority (OGA) hold offshore and onshore licensing rounds, inviting applications from companies and making awards to those bids that promise to maximise economic recovery of the UK’s oil and gas resources.Rhum Area Out of RoundOn the 1st August 2019, the Oil and Gas Authority (OGA) has…
2 August 2019
BP Awards Hook-up and Commissioning Contract to Worley
Worley has been awarded a contract by BP for hook-up and commissioning integration services for BP’s Mad Dog 2 project and the Argos deep-water platform in the Gulf of Mexico. Argos will be BP’s newest floating production unit (FPU). It is planned to be commissioned in 2021.Under the contract, Worley…
2 August 2019
DEME Completes Elia’s Modular Offshore Grid Subsea Export Cable Installation Well Ahead of Schedule
DEME successfully completed the installation of 85 km of subsea export cable for Elia’s Modular Offshore Grid, deploying the state-of-the-art cable installation vessel ‘Living Stone’. The cable connects Elia’s Offshore Switch Yard to the shore station Stevin at Zeebrugge, as well as the Rentel wind farm Offshore Substation.‘Living Stone’ collected…
1 August 2019
Maritime Developments: Fourth African Project on way with EG Award
Maritime Developments will supply a complete pipelay spread and personnel for a flexible installation offshore Equatorial Guinea.The award comes from a new client, whose work scope covers the launch of a number of new wells in an existing network of drill centres in the West African basin.The MDL spread will…
1 August 2019
Halliburton Awarded Well Construction and Completions Services for Libra Development in Brazil
Halliburton Company announced the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin. The two-year and six month contract will provide drilling and completion services to drive greater efficiency by applying pre-salt expertise and integrating multiple product offerings and technologies.“We are pleased to win…
1 August 2019
Drilling Permit for Well 2/1-17 S in Production Licence 019 C
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 2/1-17 S, cf. Section 15 of the Resource Management regulations.Well 2/1-17 S will be drilled from the Maersk Interceptor drilling facility in position 56 49`6.15 N and 3 8`19.7 E.The drilling programme for well 2/1-17 S…
1 August 2019
GC Rieber Shipping: Ship Management Agreement with Nexans and Extension of Polar King
GC Rieber Shipping (RISH) has agreed with Nexans Skagerrak AS, a wholly owned subsidiary of Nexans Norway AS, to enter into a ship management agreement for the cable laying vessel Nexans Skagerrak. The agreement also includes management of the Nexans’ state of the art cable laying vessel Nexans Aurora once…
1 August 2019
Hague and London Oil PLC: Operational Update
Spudding of Andromeda North WellHague and London Oil PLC, the oil and gas company with a full-cycle portfolio of production, development, appraisal and exploration assets focused on the Southern North Sea, announced the spudding of the Andromeda North well on licence Block 42/12, in the Southern North Sea, in which…
1 August 2019
Shell Invests in PowerNap Subsea Tie-back in Gulf of Mexico
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has taken the final investment decision (FID) for the PowerNap deep-water project in the US Gulf of Mexico. PowerNap is a subsea tie-back to the Shell-operated Olympus production hub.The project is expected to start production in late 2021 and produce…
31 July 2019
Lundin Petroleum: Report for the Six months ended 30 June 2019
- Production above mid-point guidance for the first half of the year at 77.5 Mboepd and Q2 at 76.1 Mboepd- Continued strong financial performance- Out performance of Edvard Grieg has extended plateau production from previously guided mid-2020 and when coupled with the tie-back projects will take plateau to end of…
31 July 2019
2019 Offshore Petroleum Exploration Acreage Release Announced
The Australian Government announced the 2019 Offshore Petroleum Acreage Release, comprising 64 areas, the largest since 2000. More than 120,000 square kilometres of acreage will be released for a single round of work program bidding.This will be the first release of acreage under a new streamlined system which delivers an…
31 July 2019
ION and iSEISMIC Announce Plans to Collaborate on Seabed Technology
ION Geophysical Corporation and iSEISMIC AS, an ocean bottom seismic (OBS) acquisition specialist, announced a memorandum of understanding to collaborate on seabed acquisition technologies. iSEISMIC plans to utilize the full suite of ION’s next generation 4Sea™ ocean bottom acquisition and imaging technology to deliver a step-change in the safety, efficiency,…
31 July 2019
ION Announces New 3D Multi-client Reimaging Program Offshore Denmark
ION Geophysical Corporation announced a new 3D multi-client reimaging program offshore Denmark. The initial 2,200 sq km phase of the 10,250 sq km program is aligned with the Danish Energy Agency's objective to boost exploration activity by providing a modern, affordable 3D depth-imaged data set. The program is ideally suited…
31 July 2019
McDermott and BHGE Awarded Contracts for Ichthys Gas Field Development
McDermott International, Inc. and Baker Hughes, a GE company announced that the companies were awarded contracts to provide a joint URF and SPS solution for the INPEX-operated Ichthys Liquefied Natural Gas (LNG) field development, located off the northwest coast of Western Australia.The award includes a joint URF and SPS EPCI…
31 July 2019
Eni Presents the 18th Edition of the World Oil, Gas and Renewables Review
Eni has released the 18th edition of the World Oil, Gas and Renewables Review, the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on…
31 July 2019
Drilling Permit for Well 25/7-7 in Production Licence 782 S
The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-7 cf. Section 15 of the Resource Management regulations.Well 25/7-7 will be drilled from the Leiv Eiriksson drilling facility in position 59 18`59.95 N and 02 12`42.66 E.The drilling programme for well 25/7-7 relates to the…
30 July 2019
Talon Petroleum Limited: Curlew-A Site Survey Operations Commence And Change to Contingent Resource
Talon Petroleum Limited announced that it has been notified by the operator Corallian Energy Limited that site survey operations over the proposed location of the Curlew-A appraisal well have commenced in Block 29/7b (Licence P2396) in which Talon holds a 10% participating interest.
30 July 2019
SeaBird Exploration Plc: Completion of Acquisition of BOA Galatea and Issue of Consideration Shares
Reference is made to previous stock exchange notices of 11 April 2019, 12 April 2019, 29 April 2019, 24 May 2019 and 13 June 2019 regarding the acquisition by SeaBird Exploration Plc of BOA Thalassa and BOA Galatea.The acquisition of BOA Thalassa was completed on 13 June 2019. The Company…
30 July 2019
Liza Destiny FPSO Begins Her Voyage to Guyana
The Liza Destiny FPSO is currently sailing to Guyana, having recently departed from Keppel shipyard in Singapore. This key milestone follows a record turnaround time of just over 20 months for its construction phase by SBM Offshore – including module construction at nearby Dyna-Mac yard.“The safe and on-time departure of…
30 July 2019
Deutsche Bucht Offshore Wind Farm Supplies First Power to the Grid
Northland Deutsche Bucht GmbH confirmed that the first turbine at its 269 MW Deutsche Bucht offshore wind farm, has been successfully commissioned and is delivering power to the German grid.“This is a great achievement for our Deutsche Bucht project,” said Jens Poulsen, Project Director of Northland Deutsche Bucht GmbH. “The…