Search News
Latest News
29 March 2019
Seabed Geosolutions Awarded Ocean Bottom Node Survey over Deepwater Gulf of Mexico Field
Seabed Geosolutions has been awarded a 3D ocean bottom node (OBN) survey in a challenging area of the Gulf of Mexico by a major energy company. Covering 270 square kilometres and in water depths up to 2,100 metres, the survey will commence in the third quarter of 2019 and take…
29 March 2019
Transformer Platform for Offshore Wind Farm EnBW Albatros Installed
The Topside of the Offshore substation of the wind farm EnBW Albatros was installed on 26 March. The Heavy Lift Jack-Up Vessel (HLJV) Pacific Ospray had loaded the Topside in Rotterdam. In the construction area, the HLJV Innovation lifted the Topside on the foundation (monopile and transition piece) that had…
29 March 2019
Prosafe Wins Work for Safe Swift in Mediterranean Sea
Prosafe acting as commercial managers for the Axis Offshore owned Safe Swift has won a contract to support activities in the Central Mediterranean Sea.Safe Swift will mobilise to conduct gangway connected accommodation duties for a period of 5 months commencing May 2019.
29 March 2019
Equinor has Received Consent for Exploration Drilling in the North Sea
Petroleum Safety Authority Norway have given Equinor consent to drill exploration well 16/5-7 in production licence 502 in the North Sea.Well 16/5-7 is to be drilled north-west of the Utsira High in the North Sea, south-west of Johan Sverdrup and north-east of Sleipner.The well will have the following geographical coordinates:58º…
29 March 2019
Bourbon Awarded a Significant Integrated Logistics contract by SHELL in Bulgaria, in line with its #BOURBONINMOTION Strategic Plan
Bourbon Marine & Logistics announced that it has been awarded by SHELL its first integrated logistics contract for the support of its exploration campaign in Black Sea, Bulgaria, in partnership with Bulgarian operator Bon Marine. The project scope covers the full logistics solution project management, offering for the first time…
29 March 2019
Johan Sverdrup Offshore Installation Completed
Lundin Petroleum AB (Lundin Petroleum) announced that the offshore installation of the Johan Sverdrup development project has been completed.Following the installation of the riser and drilling platforms in 2018, the remaining topside facilities, consisting of the processing platform and living quarters and the relevant bridge links, have now been successfully…
29 March 2019
Plan of Development and Operation for Solveig (Luno II) Field Submitted
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS as operator has, with its partners Wintershall Norge AS and OMV Norge AS submitted the plan for development and operation (PDO) for the Solveig field (previously called Luno II).The Solveig oil discovery in PL359, is located 15 km…
27 March 2019
Rovco Expand into Egypt with a New Partner – Drexel Marine
Rovco has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt.The deal will see the Bristol-headquartered firm offer its range of advanced subsea services to companies in Egypt, as part of a plan to increase business in the region over the next five…
27 March 2019
CNOOC Orders Macgregor on Vessel Mooring Systems for their New Deepwater Floating Production Unit
MacGregor, part of Cargotec, has received an order from China National Offshore Oil Corporation (CNOOC) to supply the on-vessel mooring system for a deepwater Floating Production Unit (FPU). The order is booked into Cargotec's first quarter 2019 order intake and the delivery will take place in the first quarter of…
27 March 2019
BP Commits $100 million to Fund New Emissions Reductions Projects
BP announced that it has established a $100 million fund for projects that will deliver new greenhouse gas (GHG) emissions reductions in its Upstream oil and gas operations. The new Upstream Carbon Fund will provide significant further support to BP’s work generating sustainable greenhouse gas emissions reductions in its operations.…
27 March 2019
Petro Rio S.A.: Closing Acquisition of Interest in Frade
Petro Rio S.A., in addition to the material facts disclosed to the market on January 30 and February 13, 2019, hereby informs its shareholders, on this date, conditions precedent having been met and necessary approvals granted, the closing of the acquisition of Chevron Brasil Upstream Frade Ltda., owner of a…
27 March 2019
ION Announces New Multi-client Program Offshore Central America
ION Geophysical Corporation announced a new 2D multi-client reimaging program off the Pacific coast of Central America. The Maya Reprocessing program covers unexplored open acreage that has not had E&P activity in 40 years. Previous exploration wells along the margin suggest the presence of an active petroleum system in the…
27 March 2019
Drilling Permit for Well 16/5-8 S in Production Licence 815
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/5-8 S, cf. Section 15 of the Resource Management Regulations.The well will be drilled from the Leiv Eiriksson drilling facility in position 58°43'37.29"N and 02°21'11.77" E after completing the drilling of well 16/1-31 S with optional…
27 March 2019
Drilling Permit for Well 3/7-11 S in Production Licence 539
The Norwegian Petroleum Directorate has granted MOL Norge AS a drilling permit for well 3/7-11 S, cf. Section 15 of the Resource Management Regulations.Well 3/7-11 S will be drilled from the Rowan Viking drilling facility in position 56°21'48.17"N and 04°08'44.60"E.The drilling programme for well 3/7-11 S relates to the drilling…
27 March 2019
PGNiG will Lease a Drilling Platform in the Norwegian Sea
PGNiG Upstream Norway and Aker BP have signed a contract for the lease of a semi-submersible drilling rig. In autumn, the exploration well will start to be drilled on the Shrek prospectus within PL838 license. For the PGNiG Group, it will be the first drill well in the role of…
26 March 2019
Norce Endevour Awarded Contract with Ophir
Solstad Offshore ASA has been awarded a contract by Ophir Thailand (Bualuang) Limited to perform the offshore installation of the Bualuang Charlie wellhead platform structure as part of the Bualuang Phase 4B Development Project. The project is located in the Gulf of Thailand and comprises the installation of a bridged-linked…
26 March 2019
GC Rieber Shipping: Shearwater GeoServices Awarded Troll Unit 4D Contract by Equinor
GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices announced the award of a 4D seismic survey at the Troll Unit by Equinor AS ("Equinor") to be conducted this summer. The project adds further to Shearwater's 4D program in the North Sea and Barents Sea this season.The Troll Unit…
26 March 2019
Offshore Wind Industry Unites to Devise Visionary Floating Wind Plan
RenewableUK has launched a new industry group to set out the floating offshore wind industry’s strategy for large-scale deployment of floating wind farms in the UK, in partnership with Scottish Renewables. A new group, the Floating Wind Steering Group, will meet regularly with the aim of producing a consensus vision…
26 March 2019
Jan De Nul Group: Offshore Cable Repairs to Ensure an Uninterrupted Supply of Electricity
TenneT has awarded a framework agreement to Jan De Nul Group for repairs of TenneT’s offshore high-voltage cables in the German Bight. TenneT’s mission is to ensure a reliable and uninterrupted supply of electricity in its high-voltage grid and therefore, Jan De Nul Group has been appointed by the leading…
26 March 2019
Nine year old Penguin Prototype Reaches end of a Long Deployment
After a long deployment, on March 22nd, the Penguin prototype sank at EMEC test site.This marks the end of the first test period in the EU funded CEFOW-project, which will continue with the new devices. The prototype was launched in 2010 and had been deployed four times altogether. During the…
26 March 2019
W&T Offshore Announces Increase in Prospective Acreage as the Apparent High Bidder on 15 Blocks in the Latest Gulf of Mexico Lease Sale
W&T Offshore, Inc. announced the Company was the apparent high bidder on 15 blocks in the Gulf of Mexico Lease Sale 252 held by the Bureau of Ocean Energy Management ("BOEM") on March 20, 2019. W&T was the apparent high bidder on eight deepwater and seven shallow water blocks, which…
26 March 2019
ANP Approves Pre-announcement of the 16th Round of Bids
The ANP board approved on Friday (March 22), the pre-announcement of the 16th Round of Bids Exploratory Blocks, scheduled to be held on October 10. The round will offer 36 blocks in five sedimentary basins (Campos, Camamu-Almada, Jacuípe, Pernambuco-Paraíba and Santos), with a total area of 29.3 thousand square kilometers.…
26 March 2019
GC Rieber Shipping: Update on the Vessel Ernest Shackleton
GC Rieber Shipping has negotiated agreements for early redelivery of the icebreaking research vessel, Ernest Shackleton, from British Antarctic Survey and sale of the vessel to an international buyer. The sale is conditional certain regulatory approvals. If concluded, GC Rieber Shipping expects a positive cash effect from the transactions of…
25 March 2019
Successful Connections made between TurkStream Offshore Section and Landfalls
The final weld that connects the offshore and the nearshore sections of TurkStream was completed, marking the finalization of the entire pipeline system in the Black Sea.
25 March 2019
Duro Felguera Signs Contract with BP to Manufacture 12 Oil and Gas Extractors in Azerbaijan
Duro Felguera, via its subsidiary DF Calderería Pesada (DFCP), has signed a new contract with British Petroleum (BP) to manufacture twelve oil and gas extractors for the BP sites in Azerbaijan.The scope of the work to be done by DF Calderería Pesada includes the design and manufacture of the pressure…
25 March 2019
Redelivery of Vyacheslav Tikhonov
Polarcus Limited refers to its announcement dated 27 December 2018 describing options for the redelivery of "Vyacheslav Tikhonov", originally named "Polarcus Selma" including an option for the bareboat charterer of the vessel Sovcomflot ("SCF") to redeliver the vessel on no less than 30 days' notice.SCF has exercised its option and…
25 March 2019
EMGS Receives Letter of Intent
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea. The total value of the letter of intent is approximately USD 2.5 million. The Company will mobilise the vessel Atlantic Guardian to carry out the survey, and expects to…
25 March 2019
OKEA Farms into Exploration License east of Draugen
OKEA AS has taken over Shell’s 50% working interest and operatorship on Production License (PL) 958.PL958 is located on the Trøndelag Platform, 10 km east of the Draugen Field, where OKEA is operator, and east of PL1001 where OKEA is partner. The acreage is in the exploration phase and data…
25 March 2019
TechnipFMC Awarded a Large Integrated EPCI (iEPCI™) Contract for the Eni Merakes Field Offshore Indonesia
TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI™) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters.This contract covers five deepwater wells, and their 50-kilometer tie back to the existing Jangkrik Floating Production Unit…
25 March 2019
The Oil and Gas Authority Launches one of the Largest Ever Public Data Releases
UK’s first National Data Repository will deliver additional value and inward investmentThe Oil and Gas Authority (OGA), on 25 March, launched what is believed to be one of the largest ever single open releases of data with the launch of the UK’s first UK Oil and Gas National Data Repository…
22 March 2019
Total Marine Technology Deploys Patented Abandonment Tooling Solution Offshore North Western Australia
As part of an abandonment project Total Marine Technology Pty Ltd (TMT) has successfully upscaled its existing patented ½” tube Hot Tap Tool (HTT) design. The HTTs were deployed offshore North Western Australia in collaboration with Sapura Energy Australia in February of this year. They were used subsea to create…
22 March 2019
Murphy Oil Corporation Announces Strategic Sale of Malaysian Portfolio in all-cash Transaction Valued at US$2.127 billion
Murphy Oil Corporation announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., to a subsidiary of PTT Exploration and Production Public Company Limited (“PTTEP”).…
22 March 2019
Oil and Gas Authority Advancing Collaboration with Renewables
Over the past year, the Oil and Gas Authority (OGA) has started significant work on how we can support the energy transition alongside the core role of maximising economic recovery of UK oil and gas.This has included publishing a flaring and venting policy and awarding our first CCS carbon dioxide…
22 March 2019
i3 Energy plc: Operational and Update
Operational - Gardline Limited contracted to conduct a site survey i3 has contracted Gardline Limited to conduct a site survey for its 2019 and 2020 drilling program plus the pipeline route for its Liberator Phase I development. Works have begun and are expected to complete during the month of March…
22 March 2019
Equinor Published Draft Environment Plan to show how they can Explore Safely in the Great Australian Bight
Equinor's full Great Australian Bight announcement can be found here.
22 March 2019
McDermott Awarded Substantial Offshore EPCI Contract in the Middle East
McDermott International, Inc. announced a substantial* contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services in the Arabian Gulf.The contract for new facilities includes the full suite of EPCI services for six new offshore jackets as well as three associated topsides. The project scope…
22 March 2019
EPCI Contract with Total as part of the Tyra Redevelopment Project
The work scope includes preparatory engineering work followed by system installation on five unmanned satellite platforms at the Tyra complex. Initial planning work has begun, and the entire project – involving approx. 25 employees – must be completed by October.The Tyra Complex consists of two central processing platforms, Tyra East…
22 March 2019
Record-breaking Lift Completes the Johan Sverdrup Field Centre
Three days – that’s what it took to lift four of the last pieces in the Johan Sverdrup puzzle into place – the two final platform topsides, a bridge and a flare stack. The processing platform lift was the heaviest lift ever performed offshore.“Now we are in the process of…
21 March 2019
Global Energy (Group) Acquire Apollo
Leading Oil and Gas Service provider, Global Energy Group (GEG) announced that it has acquired a majority share of Apollo Offshore Engineering Ltd (Apollo).As part of the deal, GEG has combined the brownfield engineering capability of Apollo with the proven capability of GEG’s Integrity and Construction (ICON) division, which is…
21 March 2019
The Danish Energy Agency Helps Egypt on the Journey Towards a Greener Future
Egypt has now become the 15th country collaborating bilaterally with the Danish Energy Agency. The collaboration will focus on securing more renewable energy in the Egyptian energy system, and will help Egypt achieving its goal of increasing the share of renewable energy in electricity consumption from 9% to 43% by…
21 March 2019
Topaz Secures Contract Extension with BP for 12 Vessels in Azerbaijan
Topaz Energy and Marine ("Topaz"), a leading offshore energy logistics company, announced that it has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) Limited ("BP") in Azerbaijan.Under the terms of the agreement, seven of the offshore support vessels will be…
21 March 2019
S.D. Standard Drilling Plc – New Term Contracts Entered into and Utilization Primo 2019
With reference to the stock exchange release dated 22 January 2019.SDSD have secured new term contracts for Standard Princess, Standard Supplier and Standard Provider, all large platform supply vessels (“PSV’s”), 100% owned by SDSD. The term contracts secure solid utilization going forward, with well known and reputable counterparties, all at…
21 March 2019
€31m Project Secured for Floating Wind Project in North West Europe
A €31 million project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a full-scale floating wind turbine be deployed for testing off the west coast of Ireland at a Sustainable Energy Authority of Ireland (SEAI) test site near Belmullet, Co.…
21 March 2019
DEA Enhances its Presence in the Mexican Market
The acquisition of 100% of the shares of Sierra Oil & Gas by DEA Deutsche Erdoel AG was completed on the 19th of March. With the deal, DEA enhances its presence in Mexico and its long-term commitment to the country’s oil and gas industry. Mexico’s National Hydrocarbons Commission (CNH) and…
21 March 2019
NKT Finalizes the Project with the World’s Longest HVAC Submarine Cable
NKT has handed over the 163 km long high-voltage cable system powering the Norwegian oil and gas field Martin Linge from the shore. The cable solution is the world’s longest submarine HVAC cable installed and will help save 200,000 tonnes CO2 annually.NKT has successfully completed the project of the power…
20 March 2019
Solstad Farstad: PSV Contracts
As part of the Frame Agreement with Aker BP ASA announced 01.03.19 the large PSVs "Normand Arctic" (2011, PSV12LNG) and "Normand Leader" (2013, VS499LNG) have been called off for 12 months firm - both with commencement Q1 2019.
20 March 2019
Geoquip Marine Adds DP2 Vessel to its Fleet
Leading offshore geotechnical engineering and drilling company Geoquip Marine has confirmed the addition of a DP2 Multi-Purpose Offshore Support vessel to its fleet.The Geoquip Saentis is currently being fitted with the latest version of Geoquip’s GMR600 fully heave-compensated offshore geotechnical drilling rig. The vessel has accommodation and workspaces for 55…
20 March 2019
Petrobras Starts Production of P-77, the Fourth Platform of Búzios Field, in the pre-salt of Santos Basin
Petróleo Brasileiro S.A. (Petrobras) reported that it has started, on 19 March, the production of oil and natural gas of P-77, the fourth platform to be put into production in the Búzios field.Búzios field, in the pre-salt of the Santos Basin, was discovered in 2010 and is the main field…
20 March 2019
New Alliance Creates Turnkey Solution in the Tay and Forth for Decommissioning Projects
A new alliance of leading businesses in the North Sea Oil & Gas decommissioning sector, has been formed and launched today in Dundee (18 March). Named Forth and Tay Decommissioning, the alliance of businesses has been created with a shared vision to position Dundee as the UK Hub for North…
20 March 2019
Neptune Energy Awards Rig Contract
Neptune Energy Norge AS has awarded a rig contract for six wells to CIMC Offshore AS. The contract concerns hire of the Beacon Atlantic semi-submersible drilling unit, which will be managed by Odfjell Drilling AS.Designed for harsh environments, Beacon Atlantic will be suitable for drilling three development wells on the…