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3 July 2019
Brazil Leads Global Offshore Crude and Condensate Production from New-build Projects in 2025, says GlobalData
Brazil alone is expected to contribute around 18% or 1,455 thousand barrels per day (mbd) of global crude oil and condensate production from key offshore planned and announced projects (new-build projects) in 2025, according to GlobalData, a leading data and analytics company.The company’s report: ‘Production and Capital Expenditure Outlook for…
3 July 2019
Cluff Natural Resources Plc: Dewar Prospect (P2352) Commercial Feasibility Study and Farm Out Process
Cluff Natural Resources Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, provided an update in relation to the commercial feasibility of the Dewar Prospect and farm-out process on licence P2352.Full update here.
3 July 2019
Acquisition of Topaz Energy and Marine
DP World PLC announced the acquisition of 100 per cent of Topaz Energy and Marine Limited from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for an enterprise value of $1,079 million.Topaz is a leading international critical logistics and solutions provider to the global energy industry. The company operates…
3 July 2019
Perenco Gas (UK) Limited: Pickerill Alpha (A) and Pickerill Bravo (B) Installations Decommissioning Programme
Perenco's document is the Decommissioning Programme (DP) for the Pickerill gas field installations Pickerill Alpha (A) and Pickerill Bravo (B) in the Southern North Sea (SNS).
3 July 2019
Perenco Gas (UK) Limited: Pickerill Alpha (A) and Pickerill Bravo (B) Installations Decommissioning Programme
Perenco's document is the Decommissioning Programme (DP) for the Pickerill gas field installations Pickerill Alpha (A) and Pickerill Bravo (B) in the Southern North Sea (SNS).
3 July 2019
Expro Enters New Market with Technology Acquisition
International oilfield services company Expro has acquired 100% of the equity of technology company Quality Intervention AS (QI).The Norwegian-based company was founded in 2008 and provides a portfolio of innovative products and services - coiled tubing technology (CoilHose), annular integrity technology (WellSpring) and innovative in-situ wellhead remediation tooling (MultiTool).QI’s key…
3 July 2019
Airborne Oil & Gas Awarded Second Anasuria Contract in North Sea
Airborne Oil & Gas has secured a second award from Anasuria Operating Company Ltd (AOC) to deliver a 2nd high flow Thermoplastic Composite Pipe (TCP) Jumper Spool in the Central North Sea. The contract will see The Netherlands headquartered business supplying a 2” ID 345 bar rated Gas Lift Jumper…
3 July 2019
Eni Starts Production from Area 1 Offshore Mexico
Eni has started the early production phase from the Miztón field in Area 1, located in the Campeche Bay offshore Mexico. This is the first step in the development of Area 1, estimated to hold 2.1 billion of oil equivalent in place (90% oil) in the Amoca, Miztón and Tecoalli…
3 July 2019
McDermott Completes First of Two Offshore Campaigns for Reliance KG-D6 R Cluster Project
McDermott International, Inc. announced it has completed the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India.The campaign included McDermott's piggy-back pipelay in S-lay mode (18-inch plus a 4-inch) offshore in India in…
3 July 2019
Ensco Rowan plc to Change Its Name to Valaris plc
Ensco Rowan plc announced that it will change its name to Valaris plc, effective July 31, 2019. Following its name change, the Company’s ordinary shares will trade under the new ticker symbol VAL.The name Valaris was selected following a comprehensive process that included participation from the Company’s employees around the…
2 July 2019
Penspen Partners with MJMEnergy for the Study of Gas Pipeline Network in Senegal
Penspen has partnered with MJMEnergy, a leading gas and energy consultancy, for the gas-to-power study early development phase in Senegal. Penspen will be providing the key technical services for the sizing and routing of the pipeline network options plus cost estimating. The integrated MJMEnergy and Penspen team will work closely…
2 July 2019
Tata Steel Wins Pipe Contract for North Sea Project
Tata Steel has secured a contract to provide high frequency induction (HFI) line pipe for an oil and gas project north-east of Shetland in the UK North Sea. The company will manufacture more than 10km of HFI line pipe from its 20” Mill in Hartlepool for ‘sleeve pipe application’ –…
2 July 2019
OKEA ASA – Acceleration of Exploration Around Draugen Hub
OKEA ASA and partners Petoro AS and Neptune Energy Norge AS, have agreed to continue exploration licence PL958, east of the OKEA-operated Draugen field, six months after OKEA assumed operatorship.OKEA ASA and partners Petoro AS and Neptune Energy Norge AS, have agreed to continue exploration licence PL958, east of the…
2 July 2019
OMV Petrom Started New Drilling Campaign in the Black Sea
OMV Petrom, the largest Romanian energy company, started new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. Two new wells will be drilled by the end of the year, requiring investments of over 30 million euro.“We are committed to Romania and we invest…
2 July 2019
Greater Tortue Ahmeyim-1 Well Expands Natural Gas Resource Potential Offshore Mauritania and Senegal
Greater Tortue Ahmeyim-1 Well Expands Natural Gas Resource Potential Offshore Mauritania and SenegalKosmos Energy announced that the Greater Tortue Ahmeyim-1 well (GTA-1), drilled on the eastern anticline within the unit development area of Greater Tortue, has encountered approximately 30 meters of net gas pay in high-quality Albian reservoir. The Greater…
2 July 2019
Independent Oil and Gas plc: Corporate 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 and other key corporate activities. Harvey Appraisal Well UpdateThe Company’s preparations to drill the Harvey appraisal well with the Maersk Resilient jack-up rig…
2 July 2019
El Hamra Project Completion
Jumbo successfully installs another mooring system in Egypt!The Fairplayer and her team have successfully completed the pre-installation and tensioning of a shallow water CALM buoy mooring system at a depth of 26 metres for the Mersa El-Hamra terminal offshore Egypt.Scope of WorkJumbo’s scope included the pre-lay of 10 Stevshark drag…
2 July 2019
Plans to Re-develop Tor
On behalf of the licensees, operator Conoco Phillips has submitted a Plan for Development and Operation (PDO) for a re-development of the Tor field in the Greater Ekofisk area in the North Sea.The field was in production from 1978 until it was shut down in 2015 when the installation reached…
2 July 2019
Marathon Oil Closes on Sale of U.K. Business
Marathon Oil Corporation announced the company has closed on the sale of its U.K. business, which consists of the Brae area fields and Foinaven, to RockRose Energy PLC. The transaction represents a complete country exit for Marathon Oil.Final terms of the transaction resulted in consideration payable to a subsidiary of…
2 July 2019
Heerema's Sleipnir Passes Sea Trials with Flying Colours
Sleipnir, Heerema Marine Contractor’s newest state-of-the-art semi-submersible crane vessel and the world's first LNG powered Construction Vessel, has successfully completed her sea trials and crane load tests.During Sleipnir’s sea trials all major systems performed according to specifications or even better:Sleipnir’s speed was tested and when fully deploying all eight thrusters,…
1 July 2019
Siccar Point Energy Lyon Exploration Well Announcement
Operator Siccar Point Energy has completed an exploration well 208/02-1 on the Lyon Prospect in Licence P1854 in the West of Shetland. The purpose of the well was to test both a new play concept and an extensive seismic amplitude anomaly with attributes characteristic of gas accumulations. The target reservoir…
1 July 2019
BW Offshore: Contract Extension for Abo FPSO
BW Offshore has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until end Q4 2019, with options until Q4 2020.
1 July 2019
EIOF – Redelivery of Seismic Vessel
Eidesvik Offshore ASA and CGG have agreed to terminate with immediate effect the contract for «Viking Vanquish», that was due to expire November 2, 2020. Payment of charter rate will continue until November 2, 2020. The vessel has been in lay-up since February 2016.
1 July 2019
Colombo Dockyard Delivers KDDI Cable Infinity Built for Kokusai Cable Ship Co. Ltd. Japan
Colombo Dockyard PLC (CDPLC) delivered the first ever modern Cable Laying Vessel built for Kokusai Cable Ship Co. Ltd. (KCS) Japan, on 21st June 2019 attended by a host of dignitaries. This is the biggest ever vessel, price-wise as well as length-wise, built by Colombo Dockyard in its illustrious journey…
1 July 2019
GulfSlope Energy Launches Shallow Prospect Program
GulfSlope Energy, Inc. announced the execution of a letter of intent with a privately held oil and gas company to form a joint venture to generate and drill shallow depth prospects in the Gulf of Mexico. GulfSlope will retain and deploy a supra salt evaluation team consisting of three geoscientists…
1 July 2019
Minor Oil Discovery and Delineation of the 24/9-12 S (Frosk) Oil Discovery in the North Sea – 24/9-15 S and 24/9-15 A
Aker BP ASA, operator of production licence 340, has finalised the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A. The wells, which are also pilot wells for test production, were drilled diagonally and horizontally, 2 and 3 kilometres northeast and north respectively, from the…
1 July 2019
Hurricane Energy plc: 'Warwick Deep' 205/26b-13Z 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-13Z("Warwick Deep") well.Following completion of drill stem testing ofthe Warwick Deep well, the decision has been made to plug and abandon the well.The Warwick…
1 July 2019
TechnipFMC Awarded Significant Subsea Contracts for the Reliance MJ1 Field in India
TechnipFMC has been awarded significant(1) subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin.These contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals.Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very…
28 June 2019
Petrofac Confirms Second Dutch Wind Farm Platform
Petrofac confirms award of the Hollandse Kust Zuid (HKZ) offshore grid connection Beta HVAC platform (substation) in the North Sea by TenneT, the Dutch-German transmission grid operator. This follows the award of the contract for HKZ platform Alpha in July 2018 and subsequent confirmation of HKZ platform Beta option.A total…
28 June 2019
EMGS: Proprietary acquisition for BP
Electromagnetic Geoservices ASA ("EMGS") announced that it has been awarded a contract from BP for a proprietary CSEM survey, offshore Senegal and Mauritania.The contract has a total value of approx. USD 6 million.Acquisition is expected to start in the first quarter of 2020.CEO of EMGS, Bjørn Petter Lindhom comments:"EMGS is…
28 June 2019
NOPSEMA Requests Further Information from Equinor on Bight Drilling Proposal
On 27 June, the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) requested further information from Equinor on its environment plan for their proposed petroleum exploration drilling activity in the Great Australian Bight.The assessment will now pause and recommence when Equinor submits the additional information. Equinor has been provided…
28 June 2019
CSV Southern Ocean Secures New Charter Contract with Fugro for Works in Malaysia
CSV Southern Ocean will support Fugro for a Deepwater ROV subsea installation project off the coast of Sabah, Malaysia. Mobilisation of CSV Southern Ocean will start early July 2019 in Singapore and the works are expected to be completed sometime in the third quarter of 2019.Oceanteam’s CSV Southern Ocean has…
28 June 2019
W&T Offshore Announces Acquisition of Producing Properties in the Gulf of Mexico
W&T Offshore, Inc. announced that it has entered into a purchase and sale agreement with ExxonMobil Corporation to acquire their interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico (“GOM”), offshore Alabama, and related onshore processing facilities for $200 million.…
28 June 2019
Providence Resources P.l.c.: 2018 Annual Results
Providence Resources P.l.c., the Irish based Energy company, announced its Annual Results for the year ended December 31, 2018.Full announcement here.
28 June 2019
Odfjell Drilling has Awarded APPLY a Modification Concept Study on the Mariner A Platform
Odfjell Drilling has awarded APPLY a study contract for upgrading the Intervention and Completion unit’s (ICU) circulation and material handling system on Equinor’s Mariner A platform in UK.The Mariner ICU has been designed to perform many of the functions of a traditional Drill Rig including; running production tubing, maintaining downhole…
28 June 2019
Damen Shiprepair Amsterdam- Completes Major Maintenance Programme on OSV Deep Arctic
Damen Shiprepair Amsterdam has bid farewell to the Diving Support Vessel Deep Arctic following a significant maintenance stopover, a substantial proportion of which was spent in dry dock. It was an exceptionally complex project with a total of 2198 work permits issued, an indication of the large number of individual…
27 June 2019
MacCulloch Field Decommissioning Programmes
MacCulloch Field Decommissioning ProgrammesSubsea Infrastructure and associated Infield pipelines
27 June 2019
Talos Energy Completes Zama Appraisal Program
Talos Energy Inc. provided an update on the Zama appraisal program in 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 & Gas, a Wintershall DEA company, and Premier Oil.The Zama-3 appraisal…
27 June 2019
Dry Well North of the Gina Krog Field in the North Sea – 15/6-16 S
Aker BP ASA, operator of production licence 777, has completed the drilling of wildcat well 15/6-16 S. The well was drilled about 10 kilometres north of the Gina Krog field and 220 kilometres west of Stavanger in the central part of the North Sea.The primary exploration target for well 15/6-16…
27 June 2019
Green-light for Neptune Energy's Duva and Gjoa P1 Projects
Neptune Energy confirmed its development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the North Sea have been approved by Norwegian authorities.First production from the projects is expected in late 2020 with total recoverable resources estimated to be 120 million barrels of oil equivalent (boe) (maximum production…
27 June 2019
Plan for Development and Operation for Solveig Approved
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS has received final approval for the plan for development and operation (PDO) for the Solveig field from the Norwegian Ministry of Petroleum and Energy. The Solveig field is the first tie-back development project to the Lundin Norway operated…
27 June 2019
Drilling Permit for Well 6608/11-9 in Production Licence 842
The Norwegian Petroleum Directorate has granted Capricorn Norge AS a drilling permit for well 6608/11-9 cf. Section 15 of the Resource Management Regulations.Well 6608/11-9 will be drilled from the Transocean Arctic drilling facility in position 66 2`54.07 N and 08 22`34.16 E.The drilling programmet for well 6608/11-9 relates to drilling…
27 June 2019
Cooperation on Wisting and Hades/Iris
Equinor and OMV have signed two memorandums of understanding (MoU) to cooperate on both the Wisting development in the Barents Sea and the concept development for the Hades/Iris discovery in the Norwegian Sea.Both MoUs were signed this week by Arne Sigve Nylund, Equinor’s executive vice president for Development and Production…
27 June 2019
Equinor Awarding Sand Screen Services Contracts Worth One billion NOK
Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK one billion, including options for five two-year extensions.The contract awards were marked at Equinor’s head office at Forus on 26 June.The sand screen technology is…
26 June 2019
KrisEnergy Starts 3D Seismic Survey Over Cambodia Block A
KrisEnergy Ltd., an independent upstream oil and gas company, announced the commencement of a 1,200 sq. km 3D Seismic Survey in the offshore Cambodia Block A concession, where the Company is developing the Apsara oil field.Shearwater Geoservices Singapore Pte Ltd was awarded the turnkey broadband seismic contract through the wholly-owned…
26 June 2019
Tullow Oil plc: Trading Statement & Operational Update
Tullow Oil plc issued a statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June 2019.The full statement can be found here.
26 June 2019
Eland Oil & Gas Plc: OML 40 Operational Update
Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, provided the following operational update.2019 ProductionAverage net production for January to May 2019 increase by 32% to 9,880 barrels of oil per day ("bopd") compared to 7,505…
26 June 2019
Global Marine Group to Safeguard Ørsted’s UK Power Cables Under the Atlantic Cable Maintenance Agreement
Global Marine Group (GMG), supported by its business units Global Marine, Global Offshore and CWind, has signed a framework agreement for cable repair with offshore wind farm developer and operator Ørsted.Launching on 25th June, the framework becomes a part of the Atlantic Cable Maintenance Agreement (ACMA) which is delivered by…
26 June 2019
Baker Hughes, a GE company and C3.ai Announce Joint Venture to Deliver AI Solutions Across the Oil and Gas Industry
Baker Hughes, a GE company and C3.ai on 24 June announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry.AI in the…
26 June 2019
LLOG Exploration Announces Commencement of Production at Buckskin Project in the Deepwater Gulf of Mexico and Provides Operational Update
Buckskin ProjectLLOG Exploration Company, L.L.C. announced that it has initiated production from the Buckskin Project in the deepwater Gulf of Mexico. Buckskin is located on Keathley Canyon blocks 785, 828, 829, 830, 871 and 872 in approximately 6,800 feet of water. The initial phase of this large-scale, deepwater project consists…