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22 July 2019
Northwester 2 Construction Works at Sea Kicked off
Construction works for the seventh offshore wind farm off the Belgian coast have started. Developer Parkwind and marine contractor Jan De Nul Group announce that offshore seabed preparation works have commenced for the 219 MW offshore wind farm Northwester 2.The Northwester 2 wind farm will count 23 V164-9.5MW MHI Vestas…
22 July 2019
Turbine Assembly Begins for the WindFloat Atlantic Project
The installation of the first Windfloat Atlantic turbine on its floating platform will began on 17 July in the outer harbor of Ferrol, marking a major milestone for the Windfloat Atlantic project and the offshore wind energy sector as this is the largest turbine ever to be installed on a…
22 July 2019
5 Companies Bid on 12 new Exploration Blocks Offshore Israel
The second Israeli offshore licensing round has ended: 5 Companies Submitted Proposals for Oil and Gas Exploration in 12 New Blocks in Israel's Exclusive Economic ZoneMinister of Energy, Dr. Yuval Steinitz: "A few years after the gas outline, we are getting more international groups which will explore for and develop…
22 July 2019
Melbana: Cuba Update
Block 9 PSCMelbana continues to progress discussions with potential farminees to Block 9 with the objective of securing funding for a minimum two well drilling program in 2020 to test the world class oil exploration potential of Block 9.To ensure there is sufficient time to complete a satisfactory farmout and…
22 July 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…
22 July 2019
Jersey Oil and Gas plc: 31st Supplementary Offshore (Buchan Area) Licensing Round Awards
Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announced that it has been awarded, subject to documentation, 100% working interests and operatorship of three blocks in the OGA's 31st Supplementary Offshore Licensing Round. This Greater…
19 July 2019
Wild Well Control Adds Proven Technology to Subsea Capping Stacks for Enhanced Capabilities and Response
Wild Well Control, Inc., a Superior Energy Services company and a global leader in well control and engineering services, announced a new contract with Fugro for the provision of BOP intervention skids and test units for inclusion in its Subsea Response Kit. As part of the WellCONTAINED™ subsea capping stack…
19 July 2019
McDermott Opens Expanded London Subsea Center of Excellence
McDermott International, Inc. announced it has relocated its Subsea Center of Excellence from Epsom in Surrey to Bedfont Lakes office park near Feltham in London.The move follows the recent award of the Greater Tortue Ahmeyim Natural Gas Project, located offshore Mauritania and Senegal. McDermott and BHGE were awarded subsea umbilicals,…
19 July 2019
Long term Contract Extension for CSV Far Sentinel
Solstad Offshore ASA and Subtec S.A has agreed to extend the contract for the CSV "Far Sentinel" with 2,5 years. The vessel operates in Mexico. The duration of the contract is now firm until 31.12.2022, plus 2 yearly options thereafter. The "Far Sentinel" has been on contract to Subtec S.A…
19 July 2019
Van Oord Completes Foundations for Offshore Wind Farm East Anglia ONE
Van Oord installed the last jacket foundation for offshore wind farm East Anglia ONE and delivered it to client ScottishPower Renewables. This achievement marks the marine contractor's completion of its work for this major UK wind project. As a main contractor, Van Oord transported and installed all 102 foundations. This…
19 July 2019
U.S. Interior Announces Region-Wide Oil and Gas Lease Sale for Gulf of Mexico
In support of President Donald Trump’s America-First Offshore Energy Strategy, U.S. Secretary of the Interior David Bernhardt announced that the Bureau of Ocean Energy Management (BOEM) will offer 77.8 million acres for a region-wide lease sale scheduled for Aug. 21, 2019. The sale would include all available unleased areas in…
19 July 2019
Equinor – Consent for Exploration Drilling in the North Sea
Petroleum Safety Authority Norway have given Equinor Energy consent for exploration drilling in block 32/4 in the North Sea.Well 32/4-2 belongs to production licence 921, for which Equinor is the operator. The well has been given the prospect name of Gladsheim.The site where the well is to be drilled is…
19 July 2019
Repsol – Consent for Exploration Drilling in the North Sea
Petroleum Safety Authority Norway have given Repsol Norge consent for exploration drilling in block 9/2 in the North Sea.Well 9/2-12 belongs to production licence 910, for which Repsol is the operator. The well had been given the prospect name of Kathryn.The site where the well is to be drilled is…
19 July 2019
Ørsted Selected as Preferred Bidder for New York Offshore Wind Farm
The New York State Energy Research and Development Authority (NYSERDA) has selected Sunrise Wind to negotiate a 25-year offshore wind renewable energy certificate (OREC) for an offshore wind farm with a capacity of 880MW.Sunrise Wind is a 50-50 partnership between Ørsted, the world’s leading offshore wind developer, and Eversource, New…
19 July 2019
Equinor Offshore Wind Bid Wins in New York State
New York State governor Andrew M. Cuomo today announced Equinor’s Empire Wind as a winner in the State’s first large-scale competitive offshore wind solicitation. The 816 megawatt (MW) offshore wind project will bring renewable energy to New York consumers, contribute to the State’s ambitious renewable energy development goals, and provide…
18 July 2019
Xodus Group Agrees to Acquire Green Light Environmental
International energy consultancy Xodus Group has announced that an agreement is in place to acquire Perth-based Green Light Environmental. As part of the company’s plans to expand its Asia Pacific (APAC) operations, Xodus’ new integrated environmental capability in Perth will be led by Petrina Raitt, who was the Managing Director…
18 July 2019
Woodside: Second Quarter Report for period ended 30 June 2019
Performance highlights- Delivered sales revenue of $738 million and production of 17.3 MMboe.- Achieved strong LNG production performance from North West Shelf.Delivering a clear plan across three horizons- Commenced offshore commissioning for the Greater Enfield project.- Approved the Browse to NWS Project basis of design with the Browse Joint Venture.Woodside…
18 July 2019
Carnarvon Petroleum Limited: Dorado-3 Appraisal Well
Carnarvon Petroleum Limited provided the following update on the drilling of the Dorado-3 appraisal well. The Dorado-3 well is the second appraisal of the Dorado oil and gas field which was discovered in 2018. The field is located approximately 160km north-northeast of Port Hedland in the Bedout Sub-basin in around…
18 July 2019
UKCS Decommissioning Cost Estimate 2019 Report Published by the Oil and Gas Authority
The estimated cost of decommissioning the UKCS’s remaining oil and gas infrastructure is continuing to reduce, according to the latest analysis by the Oil and Gas Authority (OGA).The ‘UKCS Decommissioning Cost Estimate 2019’ report, published on 18 July 2019, shows strong progress towards the shared objective of industry and government…
18 July 2019
Subsea Compression FEED order for MAN Energy Solutions
MAN Energy Solutions has been awarded a contract to support the FEED study of a subsea compression solution for the Chevron-operated Jansz-Io field in Western Australia.“We are very proud to work with our alliance partner Aker Solutions on the Jansz-Io field development project for Chevron Australia,” says Uwe Lauber, CEO…
18 July 2019
Mubadala Petroleum to Farmout a 20% Participating Interest in both the Andaman I and South Andaman PSCs in Indonesia
Mubadala Petroleum announces that it has signed an agreement with Premier Oil to farmout a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs). Mubadala Petroleum is the operator of both the Andaman I and adjacent South Andaman PSCs.Completion of…
18 July 2019
BHP Operational Review for the Year ended 30 June 2019
- Exceeded full year production guidance for petroleum and met revised guidance for copper and iron ore. Metallurgical coal and energy coal production marginally below guidance predominantly as a result of lower than expected wash plant yields and adverse weather impacts during the June 2019 quarter.- Group copper equivalent production…
18 July 2019
Seadrill Limited Announces Contract Award for the West Gemini
Seadrill Limited has secured a nine well contract with three options, each for two wells, for the West Gemini in West Africa. Total contract value for the firm portion of the contract is expected to be approximately $84 million with commencement expected in early Q4 2019 and running through Q4…
18 July 2019
Hibiscus Petroleum Group Executes Conditional Non-binding term sheet to Acquire Crown Discovery in the North Sea
Hibiscus Petroleum Berhad announced that its indirect wholly‐owned subsidiary, Anasuria Hibiscus UK Limited (“AHUK”), has entered into a conditional non‐binding term sheet to acquire License P2366, from United Oil & Gas PLC and Swift Exploration Limited for a total cash consideration of up to USD5 million. The Blocks are located…
17 July 2019
Anglo African Oil & Gas plc: Completion of Financing
Anglo African Oil & Gas plc, an independent oil and gas developer, announced that it has completed a fundraising for up to £8.25m. The fundraising comprises: - a placing of 49,288,347 ordinary shares of 5p each in the capital of the Company to Miton Asset Management at a price of…
17 July 2019
New Entrant E&P Companies are Key to the Future of the UKCS, but they need to step up Investment in New Production
A new study by Westwood Global Energy Group shows that new entrant E&P companies to the UKCS since 2008 now control 46% of production, 39% of reserves and 64% of potentially commercial volumes yet to be developed.More information here.
17 July 2019
INPEX Receives Approval of Revised Plan of Development for Abadi LNG Project, Masela Block, Indonesia
INPEX CORPORATION announced that through its subsidiary INPEX Masela, Ltd, it has received the official approval of Indonesian government authorities concerning the revised Plan of Development (POD) for the Abadi LNG Project submitted on June 20, 2019. The notice of approval was delivered to INPEX, as the operator of the…
17 July 2019
Keppel Secures Contracts from Repeat Customers Worth Around S$130 million
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel FELS Limited (Keppel FELS) and Keppel Shipyard Ltd (Keppel Shipyard), secured contracts from repeat customers worth approximately S$130 million for a newbuild dredger and the modification of a Floating Production Storage and Offloading vessel (FPSO).Mr Chris Ong,…
17 July 2019
Pandion Energy Acquires 20 percent of PL 891 from ConocoPhillips
Pandion Energy AS has entered into an agreement with ConocoPhillips Skandinavia AS to acquire a 20 percent interest in PL 891, containing the Slagugle prospect. The license is located in the prolific Haltenbanken area of the Norwegian Sea in blocks 6608/10, 11 and 12. Contingent on approval by the Norwegian…
17 July 2019
OKEA ASA – Second Quarter 2019 Results
OKEA ASA reported strong operational income and cash flow in the second quarter. Operational performance was solid with a net production of above 20 000 boepd and EBITDA of NOK 594 million, up from NOK -13 million in Q2 2018.Total operating income in the quarter was NOK 1 039 million,…
17 July 2019
Premier Oil plc: Trading and Operations Update
Premier provided an update on recent operational activities and guidance in respect of its half year financial results to 30 June 2019.2019 1H highlights - 2019 1H production averaged 84.1 kboepd, up 11 per cent on the 2018 corresponding period - On track to meet previously increased full year production…
17 July 2019
£4 million Support for Decommissioning
Fourth round of the Decommissioning Challenge Fund launched.Funding of £4 million has been announced to help maximise the economic benefit to Scotland from the decommissioning of North Sea infrastructure, following the success of previous projects.The money from the Decommissioning Challenge Fund is in addition to the £10 million committed in…
16 July 2019
Improved Recovery from Gudrun
The Gudrun partners have decided to invest in a water injection plant on the Gudrun field to improve reservoir recovery. This will extend the field life by three years compared to the original plan.“We are pleased about the partnership’s decision to invest NOK 2.4 billion in further development of the…
16 July 2019
Trestakk on Stream
Production from the Trestakk subsea field on Haltenbanken in the Norwegian Sea started on 16 July. Tied back to the Åsgard A floating production vessel, the field has estimated recoverable resources of 76 million barrels of oil. Field production started on time, below budget and without any serious incidents.“Together with…
16 July 2019
James Fisher and Sons plc: Contract Wins
RenewablesJames Fisher and Sons plc announced a number of recent contract awards in the offshore renewable energy sector with a combined value of circa £30m.Work continues on the East Anglia One windfarm construction and James Fisher has been awarded phase 2 of the unexploded ordinance work and boulder clearance, as…
16 July 2019
Balticconnector Offshore Pipeline Construction Work in the Sea Completed
Construction work in the sea for the Balticconnector project offshore pipeline was completed Friday 12 July 2019. Pipe laying was finished at the end of June, and the shielding work was begun in mid-June. Now that the shielding work has been finished, all construction work in the sea has been…
16 July 2019
Dry Well West of the Johan Sverdrup Field in the North Sea - 16/5-7
Equinor Energy AS, operator of production licence 502, has completed the drilling of wildcat well 16/5-7.The well was drilled about one kilometre west of the Johan Sverdrup oil field in the central part of the North Sea and 200 kilometres west of Stavanger.The objective of the well was to prove…
16 July 2019
DOF Subsea Contract Awards
DOF Subsea has been awarded several contracts, securing utilisation for vessels in the Subsea/IMR Projects segment. In the Atlantic region, Skandi Skansen has been awarded a contract for mooring installation on the Njord Future project by Equinor. The Atlantic region further announces successful contract awards on the UKCS for two…
16 July 2019
PGNiG Bought Further Shares in the Deposit in the North Sea
PGNiG Upstream Norway has acquired 20% shares in the Duva field on PL636 and PL636B licenses from Wellesley Petroleum. The start of production is planned at the turn of 2020 and 2021. "We are focused on the implementation of the strategy related to the increase in extraction in Norway, which…
16 July 2019
Seabed Geosolutions Wins 4D Ocean Bottom- Node Survey Offshore West Africa
Seabed Geosolutions has been awarded a 4D ocean bottom node (OBN) monitor survey in West Africa for a major oil company.The project, for which the data is expected to be acquired over a two-month period during the third quarter of 2019, will cover 151 square kilometres in water depths up…
16 July 2019
5th Faroese Licensing Round
Jarðfeingi (the Faroese Geological Survey) announced the launch of the 5th Licensing Round on 11th July which will be run in conjunction with the 32nd UK Licensing Round. Both rounds will be open for 120 days. Jarðfeingi would like to extend a welcome to oil companies to avail themselves of…
15 July 2019
Expro Awarded Subsea Contract by Pacific Santa Ana, Ltd. Offshore Mauritania
International oilfield services company Expro has been awarded a contract by Pacific Drilling LLC’s subsidiary, Pacific Santa Ana, Ltd, for the provision of an Intervention Riser System (IRS) for PETRONAS’s Chinguetti Field Phase II plug and abandonment (P&A) contract, offshore Mauritania. The contract, valued at $20m, will see Expro provide…
15 July 2019
Decommissioning in Shetland Expands with the Arrival of more North Sea Structures
The Dales Voe decommissioning facility in Shetland is one step closer to becoming a centre of excellence for recycling offshore structures from the North Sea with the arrival of two new installations for decommissioning by strategic partners Veolia and Peterson. The structures from Spirit Energy’s ST-1 arrived in the dedicated…
15 July 2019
Hurricane Energy plc: 'Lincoln Crestal' 205/26b-B Well Spud
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announced that the 205/26b-B well ("Lincoln Crestal") was spudded on 12 July 2019 using the Transocean Leader rig.Lincoln Crestal is the second in a three-well programme on Hurricane's Lincoln and Warwick…
12 July 2019
BP Schiehallion Project
Global Energy (Group)'s North Fabrication division have successfully completed and handed over the 130Te BP Schiehallion Central Production Manifold M1P to BP, safely and to the required project quality requirements. OSS awarded Global Energy (Group)'s North Fabrication division the contract in September 2018, first steel was cut in October 2018…
12 July 2019
NKT Wins High-voltage Power Cable Order to Connect Two Oil and Gas Platforms in Norway
NKT has been awarded a turnkey project from Lundin Norway AS for the 132 kV high-voltage power cable connecting the Edvard Grieg oil and gas production platform to the Johan Sverdrup field center. The power cable solution will finalize the Utsira High Power Hub Project to power several oil and…
12 July 2019
Fugro Performs First North Sea Remote Heading Control Operation
Fugro has successfully provided remote positioning services onboard a floating production storage and offloading (FPSO) vessel for Bluewater during a scheduled subsea inspection, repair and maintenance campaign in the North Sea.A recent week-long operation included accurate remote configuration of the positioning systems onboard the FPSO, the assisting anchor handling vessel…
12 July 2019
McDermott Awarded Sizeable Offshore Engineering Contract by Qatar Petroleum
McDermott International, Inc. announced it has been awarded a sizeable* contract by Qatar Petroleum (QP) to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion (NFE) project.The scope includes the design of four offshore trunk lines with intra-field…
12 July 2019
The Buildings of the Balticconnector Project’s Inkoo Compressor Station Completed for the Station’s Commissioning
The commissioning inspection of the buildings at the Inkoo compressor station took place on 5 July 2019 and established that the compressor station’s buildings were ready for use. The buildings were inspected by Inkoo municipality’s building inspector and Länsi-Uusimaa Rescue Department’s inspector.“The completion of the buildings on time enables the…
12 July 2019
Murphy Oil Corporation Announces Close of Malaysia Portfolio, Executes $300 million Share Repurchase Program
Murphy Oil Corporation announced its subsidiary closed the sale to divest the fully issued share capital of the entities primarily conducting Murphy’s operations in Malaysia to a subsidiary of PTT Exploration and Production Public Company Limited (“PTTEP”). The transaction was previously announced on March 21, 2019, with an effective economic…