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18 June 2019
Drilling Permit for Well 25/2-20 in Production Licence 442
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/2-20, cf. Section 15 of the Resource Management Regulations.Well 25/2-20 will be drilled from the Deepsea Stavanger drilling facility in position 59°52'27.05" N and 02°27'29.23" E after completing the drilling of wildcat well 15/6-16 S for…
18 June 2019
UKCS Decommissioning Costs Unveiled in Flagship Industry Report
A key industry report detailing the cost of decommissioning on the UK Continental Shelf and the progress being made by industry, government and regulators to reduce costs by more than 30 per cent will be unveiled at OGUK’s upcoming business breakfast in London.The annual UKCS Decommissioning Cost Estimate Report, published…
17 June 2019
Kongsberg Maritime: Contract for HUGIN Superior
Kongsberg Maritime reported that it has signed the first contract for the new HUGIN® Superior 6000-meter rated AUV (Autonomous Underwater Vehicle). HUGIN® Superior was introduced to the market in December 2018 and provides significantly enhanced data, positioning and endurance capabilities while building on the proven track record of the HUGIN®…
17 June 2019
DOF ASA: Extension Contract in Brazil
Norskan has been granted a 1-year extension for the Skandi Botagofo with Petrobras applicable from June 2019. Skandi Botafogo is an AHTS (UT 722 L) built in 2006.
17 June 2019
Fugro Seep Hunting Success Offshore Malaysia
Fugro has successfully completed the first of three Malaysian seep hunting and geochemical campaigns for the Provision of Surface Geochemical Survey for Domestic Waters for Petroliam Nasional Berhad (PETRONAS), Malaysia’s fully integrated oil and gas company.The first project, offshore Sabah, Malaysia, began on 21 December 2018 aboard the Fugro Equator…
17 June 2019
Valhall QP Topside Safely Removed
The original accommodation platform at Valhall (QP) in the southern part of the North Sea has been safely removed by the giant vessel Pioneering Spirit. This was the first of the original structures at Valhall to be removed as part of the modernization of the Valhall field centre.Executed in the…
17 June 2019
Drilling Contract for Borgland Dolphin in Norway
Dolphin Drilling AS, a subsidiary of Dolphin Drilling ASA, has signed a contract with A/S Norske Shell for drilling at the Knarr field on the Norwegian continental shelf. The contract include drilling of one well and two one well options, the fixed contract value is USD 15 million including mobilization…
17 June 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 (the “Barryroe Project”). SEL 1/11 is operated by EXOLA DAC (40%), a wholly-owned Providence subsidiary, on behalf of its partners, APEC Energy…
17 June 2019
Hunter Group ASA - Memorandum of Agreement Signed
Hunter Tankers AS, a wholly owned subsidiary of Hunter Group ASA has signed a Memorandum of Agreement, with Far Eastern buyers to sell one of the Company’s vessels at a price of USD 98,000,000. As security for the correct fulfillment of the MoA the Buyers have agreed to pay a…
17 June 2019
Dry Well near the 7435/12-1 (Korpfjell) Gas Discovery in the Barents Sea – 7335/3-1
Equinor Energy AS, operator of production licence 859, has completed the drilling of wildcat well 7335/3-1.The well has been drilled about 8 kilometres southeast of the 7435/12-1 (Korpfjell) gas discovery in the Barents Sea, and about 435 kilometres north of Vardø.The primary exploration target for the well was to prove…
17 June 2019
One Well – Two Discoveries in the Norwegian Sea
Equinor and its partners Ineos E&P and Faroe Petroleum have made an oil and gas discovery in exploration well Snadd Outer Outer/Black Vulture in production licence 159B in the Norwegian Sea. The well had two different reservoir targets; an upper drilling target containing 2-12 million barrels of oil equivalent (boe)…
14 June 2019
OSI Completes Seabed Characterization Projects
Ocean Specialists Inc. (OSI), is pleased to announce the completion of a series of seabed characterization projects that involved geophysical and geotechnical surveys at selected locations in the Gulf of Mexico and Western Atlantic. OSI incorporated the survey resources of its sister company, CSA Ocean Sciences, Inc. (CSAOS), mobilizing a…
14 June 2019
Jumbo Awarded Transportation & Installation Contract for Yunlin WTG Foundations Offshore Taiwan
Jumbo announced the contract award for the transportation and installation of wind turbine generator (WTG) substructures at the Yunlin Offshore Wind Farm (OWF) in Taiwan. Jumbo was awarded the contract earlier this year by Yunneng Windpower Co., a Taiwanese subsidiary of wpd AG. Jumbo’s scope comprises the transportation of 40…
14 June 2019
Melbana Energy Limited: Beehive Prospect Further Derisked
Melbana Energy Limited advised that preliminary interpretation of the newly acquired Beehive 3D Seismic Survey confirms some key technical characteristics of Beehive, further de-risking the prospect.Full announcement here.
14 June 2019
ION Expands 2D Multi-client Program Offshore Northeast Canada
ION Geophysical Corporation announced an expansion to the Company’s 2D multi-client program offshore Newfoundland, Canada. Due to continued client interest, the second phase of GrandSPAN has now more than doubled in size from last year’s expectation to nearly 11,000 km. The industry-supported program is designed to both augment the results…
14 June 2019
Contract Award for Subsea Pipelines and Marine Operations for Johan Sverdrup Phase II
On behalf of the Johan Sverdrup licence, Equinor is awarding the contract for subsea pipelines and associated marine operations in the second project phase to Subsea 7. This will increase the share of contracts awarded to Norwegian suppliers in phase 2 of the Johan Sverdrup project to 85%.“Demonstrating competitiveness and…
14 June 2019
SeaBird Exploration Plc: Completion of Acquisition of BOA Thalassa and Issue of Consideration Shares
Reference is made to previous stock exchange notices of 11 April 2019, 12 April 2019, 29 April 2019 and 24 May 2019 regarding the acquisition by SeaBird Exploration PLC of BOA Thalassa and BOA Galatea.On 13 June, the Company has completed the acquisition of BOA Thalassa for a purchase price…
14 June 2019
AGS has Signed a Global Master Service Agreement with a Major International Oil Company
Axxis Geo Solutions AS (AGS) announced the signing of a Global Master Service Agreement covering marine services including Ocean Bottom Nodal Acquisition and other methods. In connection with this agreement AGS has received its first call-off for provision of services in the North Sea. The company expects to execute on…
13 June 2019
Skandi Africa Arrives in Aberdeen
One of the largest Sub Sea construction vessels in the world arrived in Aberdeen on Thursday 6th June.This is a mile stone in the history of Aberdeen Harbour Board with the Skandi Africa being the largest vessel to berth in Aberdeen at a length of 161m x 32 m wide…
13 June 2019
Global Offshore Wind O&M Spend to Grow to €11 billion by 2028
The global offshore wind operation and maintenance (O&M) market is expected to grow by 17% annually to €11 billion by 2028, according to new research from Wood Mackenzie Power and Renewables. Europe is the largest contributor with €6.7 billion in value while the Asia Pacific region is keeping up the…
13 June 2019
Reliance and BP Sanction Third Phase of Integrated KG D6 Development
Reliance Industries Limited (RIL) and BP announced the sanction of the MJ project (also known as D55) in Block KG D6, offshore the east coast of India.MJ is the third of three new projects in the Block KG D6 integrated development plan and its approval follows sanctions for the development…
13 June 2019
CGG Cuts Cycle Time of OBN Imaging at Mad Dog Field
Subsurface Imaging, part of CGG’s Geoscience division, has delivered a step-change in subsalt image quality over the Mad Dog field in the Green Canyon area of the Gulf of Mexico. Through continued investment in imaging technology and supercomputing capacity, CGG was able to reduce project cycle time by almost half…
13 June 2019
GC21 "Bulleit" Appraisal Confirmed as Commercial Discovery
Otto Energy announced that the evaluation of the upper DTR-10 target in the Bulleit oil appraisal well, operated by Talos Energy, Inc has confirmed that the well has delivered a commercial outcome.Full announcement can be found here.
13 June 2019
$200+ billion at Stake as Offshore Sanctioning Kicks into Gear
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.However, hasty sanctioning can lead to less certainty of what the ultimate cost of any given project will be. Projects…
13 June 2019
BP Statistical Review of World Energy 2019: An Unsustainable Path
BP released the 68th annual edition of the BP Statistical Review of World Energy (BP Stats Review), the most comprehensive collection and analysis of global energy data. This year's edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon…
13 June 2019
Sleipner Partnership Releases CO2 Storage Data
Equinor and its partners will disclose datasets from the Sleipner field; the world's first offshore CCS plant, in a push to advance innovation and development on the field of CO2 storage.Since 1996, the Sleipner field has been used as a facility for carbon capture and storage by Equinor as operator…
13 June 2019
Neptune Energy Awards EPCIC Contracts for Subsea Tie-backs to Gjøa
Neptune Energy announced Rosenberg WorleyParsons has been awarded contracts for modifications on the Neptune operated Gjøa semi-submersible platform.The Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) contracts cover topside modifications to be carried out on the Gjøa platform as part of the Duva and Gjøa P1 projects. The contracts are awarded…
13 June 2019
Libra Consortium Takes Final Investment Decision on Mero-2 FPSO in Brazil’s Pre-salt
Libra Consortium announced the final investment decision to contract the Mero-2 floating production, storage and offloading (FPSO) vessel to be deployed at the Mero field offshore Santos Basin in Brazil.The FPSO will have a capacity to process up to 180,000 barrels of oil per day. The consortium plans four new…
13 June 2019
PGNiG has Started Work on the Concept of Developing the Norwegian Tommeliten Alpha Field
PGNiG Upstream Norway and its partners have started work on the selection of technical solutions that will be used to exploit the deposit. The final development concept of Tommeliten Alpha is to be ready in the third quarter of 2020.The shareholders of the Tommeliten Alpha concession have completed the assessment…
13 June 2019
Worley and Enaval Create Brownfield Joint Venture for Brazil
Worley has entered into a 50:50 joint venture with Enaval, a company with over 20 years’ experience providing engineering, construction, installation, commissioning, maintenance and modifications to the oil and gas industry in Brazil.The new joint venture, combining Worley’s global engineering and brownfield capabilities with Enaval’s fabrication services and facilities, will…
13 June 2019
Well-Safe Solutions Secures Landmark Contract for North Sea Decommissioning Project
Well-Safe Solutions has announced the award of a major contract to decommission up to twenty-one wells on the Schooner and Ketch fields in the UKCS, operated by DNO North Sea (ROGB) Limited, a wholly owned subsidiary of DNO ASA.The Schooner and Ketch fields, located in the UK Southern North Sea,…
12 June 2019
DOF ASA: Extension Contract in Brazil
Norskan has been granted a 1-year extension for the Skandi Hav with Petrobras applicable from June 2019. Skandi Hav completed a conversion in 2009 and since then operated as a field support vessel for Petrobras.DOF ASA CEO, Mons S. Aase, said "We are pleased with this contract which further confirms…
12 June 2019
CGG Awarded Multi-Year Processing Contract by Equinor for Johan Sverdrup PRM Project
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a contract by Equinor for the processing of seismic data from the Johan Sverdrup Permanent Reservoir Monitoring (PRM) system in the North Sea. Managed out of CGG’s Oslo office and located inside Equinor’s offices in Stavanger, a dedicated team of…
12 June 2019
BHGE Launches Multimodal Facility Expansion in Angola
Baker Hughes, a GE company, announced the inauguration of its multimodal facility (MMF) for oil and gas in Luanda, Angola. The facility, with its additional capabilities across multiple product lines, will deliver a suite of products and services across the oil and gas value chain. It will serve as a…
12 June 2019
First LNG Cargo Shipped from Prelude FLNG
Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, announced that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility located 475kms North East of Broome in Western Australia. This shipment will be delivered by the Valencia Knutsen to…
12 June 2019
Woodside Petroleum Ltd.: Extension of Pluto LNG Turnaround
The Pluto LNG turnaround was completed as planned but the mixed refrigerant compressor has experienced vibration on restart. As a result, further activities extending the turnaround have commenced to achieve the restart of production, targeted for the end of June 2019.Woodside has made arrangements to meet obligations to our customers,…
12 June 2019
SBM Offshore Awarded Letter of Intent for FPSO Mero 2 Lease and Operate Contracts by Petrobras
SBM Offshore announced that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 22.5 years lease and operate of FPSO Mero 2, to be deployed at the Mero field in the Santos Basin offshore Brazil, 180 kilometers offshore Rio de Janeiro.The Libra block,…
12 June 2019
LUKOIL Signs Heads of Agreement on Project in Kazakh Sector of Caspian Sea
On 7 June, at the 23rd St. Petersburg International Economic Forum, President of LUKOIL Vagit Alekperov and Chairman of the Management Board of JSC NC KazMunayGaz Alik Aidarbayev signed Heads of Agreement on the I-P-2 block located in the Kazakh Sector of the Caspian Sea.The Heads of Agreement call for…
12 June 2019
Total Starts up Production of the Culzean Field
Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK. With a plateau production of 100,000 barrels of oil equivalent per day (boe/d), Culzean will account for around 5% of the UK’s gas consumption, bringing…
12 June 2019
BP and Partners Confirm Investment in Angola
On 6 June, BP and partners confirmed they have agreed further investment into deepwater Block 15, offshore Angola as part of an agreement with Angola's National Agency for Petroleum, Gas and Biofuels (NAPGB).The agreement will extend the production sharing agreement for the Block 15 through 2032 The deal will also…
12 June 2019
SMD to Supply Multi-mode Pre Lay Plough to Boskalis nv
Soil Machine Dynamics Ltd announced that they have signed a contract to supply a 200Te Multi-Mode Pre Lay Plough to leading marine service provider Boskalis N.V.Set for delivery in spring 2020, the Pre Lay Plough comes with SMD’s latest surface control equipment which will be mobilised on the bridge of…
12 June 2019
Nigg Energy Park Welcomes Seven Borealis
Nigg Energy Park has welcomed Seven Borealis from the Subsea 7 fleet for a short term stay. The vessel built in 2012, made its first-ever UK dock when it entered the Cromarty Firth this afternoon supported by Global Port Services.Seven Borealis will have a 4 day stay at Nigg before…
12 June 2019
Jadestone Energy Announces Start of Montara Riserless Light Well Intervention Campaign
Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, announced the start of a riserless light well intervention (“RLWI”) campaign at the Montara complex, offshore Australia.The Sapura Constructorlight well intervention vessel was mobilised to the field on May 30, 2019 and, after conducting…
12 June 2019
Hunting Micro-Continents Offshore East Africa and in the West Indian Ocean
New 2D Regional Multi-client Survey will Assess True Hydrocarbon Potential of this Frontier RegionAs industry interest in hydrocarbon exploration offshore East Africa increases, attention is turning to frontier areas in the region such as the West Indian Ocean. At first glance, this area looks like a barren oceanic crust with…
12 June 2019
Sovcomflot Extends Charter for Vyacheslav Tikhonov
Polarcus Limited refers to its announcement dated 25 March 2019 describing the exercise of an option to redeliver "Vyacheslav Tikhonov" (originally named "Polarcus Selma") by Sovcomflot ("SCF") under the bareboat charter and to its announcement dated 3 June 2019 confirming an award of a wide-azimuth project in the Americas.A subsidiary…
12 June 2019
Eco (Atlantic) Oil & Gas Ltd.: Mobilisation of Stena Forth Drillship to Orinduik Block, Guyana
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, announced the mobilisation of the Stena Forth drillship which is now en route to Guyana from West Africa where it has been operating for Tullow. The drillship is…
12 June 2019
Success from High Impact Drilling Badly Needed to Revive Flagging Exploration Performance in Norway
Exploration performance in Norway has dropped significantly in the last five years, reflecting a deterioration of quality of the prospect portfolio. Despite this, a dramatic increase in high impact drilling is planned for 2019 – results will be a key test of Norway’s ability to sustain exploration into the future.Westwood…
7 June 2019
Apache: Decommissioning Programme for the Removal of the Nevis South Field Subsea Wellhead Protection Structure
Apache's document contains the decommissioning programme forthe removal of the Nevis South Field Subsea Wellhead Protection Structure (WHPS) on well N11 in block 9/13a. The decommissioning of the WHPS is being treated as a standalone project as part of the Garten installation campaign. The pipelines and stabilisation materials are not…
7 June 2019
DNV GL, Kongsberg and Subsea7 Finish DP Remote Digital Survey Pilot
Classification society DNV GL, Kongsberg Maritime and Subsea7 have successfully concluded the pilot testing of Kongsberg Maritime’s (KM) DP Digital Survey (KMDS) application on board the Subsea7 vessel Seven Kestrel. The pilot tested the use of a remote digital verification tool for testing dynamic positioning (DP) systems as part of…
7 June 2019
Van Oord Installs Deutsche Bucht Inter Array Cables
Van Oord has installed more than 40 kilometres of inter array cables for the 269 MW Deutsche Bucht offshore wind farm. These cables form the connection between the turbines and the offshore substation and enable smooth dispatch and transfer of electricity to the mainland.Every offshore wind park has a unique…