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18 February 2019
Santos Boosts Operated Position Across Offshore Northern Australia
Santos announced it had reached an agreement to align the company’s interests, under Santos operatorship, across four exploration permits in the Bonaparte Basin offshore Northern Australia adjacent to a large existing contingent resource.Santos’ position in the Bonaparte Basin already includes an 11.5% interest in the Bayu-Undan gas-condensate field and the…
18 February 2019
Providence Resources P.l.c. Provides Update on Frontier Exploration Licence 2/19
Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company, provided an update on Frontier Exploration Licence (“FEL”) 2/19, operated by TOTAL E&P Ireland B.V. (50.0%) on behalf of its partners, Providence Resources P.l.c. (40.0%) and Sosina Exploration Limited (10.0%), collectively referred to as the “JV Partners”. FEL 2/19…
18 February 2019
New contract for DOF's Skandi Sotra
DOF announced that they have signed a 21 months contract for the PSV Skandi Sotra (built 2003). The contract will commence tomorrow in direct continuation from its present contract in Australia.DOF ASA CEO, Mons S. Aase, said: "We are pleased to announce yet another long-term contract. So far in 2019…
18 February 2019
Dry Well near the Aasta Hansteen Field in the Norwegian Sea - 6706/6-2 S
Wintershall Norge A/S, operator of production licence 847, has concluded the drilling of wildcat well 6706/6-2 S.The well was drilled about 60 kilometres north of the Aasta Hansteen field and 310 kilometres northwest of Sandnessjøen in the northern part of the Norwegian Sea.The objective of the well was to prove…
18 February 2019
Vår Energi Invests in Carbon Capture and Storage Research
Vår Energi has entered into a partnership with the Norwegian Carbon Capture & Storage Research Centre (NCCS) to enable fast track CCS technology development and deployment. The agreement has a total value of 30 million NOK over a six-year period and is part of an industry-driven and science-based innovation effort.“This…
18 February 2019
Neptune Energy B.V. Renews IRM Contract with Seamar Shipping B.V.
Neptune Energy Netherlands B.V. has awarded Sea Mar Shipping B.V. a three-year plus 2 x one year options for its IRM (Inspection, Repair and Maintenance) vessel Sea Mar Splendid. The vessel and crew will support Neptune Energy b.v. with its IRM campaigns on the Dutch Continental Shelf from March 2019…
18 February 2019
KNOC and Equinor Sign MOU to Work Jointly Developing Commercial Floating Wind
Korea National Oil Corporation (KNOC) and Equinor ASA have signed a Memorandum of Understanding to jointly explore the opportunities to develop commercial floating offshore wind in South Korea.“South Korea has large potential and offers attractive opportunities within offshore wind. We are pleased to sign a MoU with KNOC to strengthen…
18 February 2019
Tulip Oil Announces Start-up and Commissioning of the Q10 Offshore Gas Development
Tulip Oil Netherlands Offshore B.V. (“TONO”), a wholly owned subsidiary of Tulip Oil Holding B.V., announced the startup and commissioning of the Q10 offshore gas development in the Dutch North Sea.Initial gas production from the well QA-01 started on February 15, 2019, to be processed at TAQA P15 platform before…
8 February 2019
Corallian: Spud of the Colter Well
Corallian as Exploration Operator for Licence P1918 reported that drilling of the Colter exploration well (98/11a-6), using the Ensco-72 Jack-Up rig, commenced on 6 February 2019. The drilling is expected to take approximately 3 weeks to reach a planned total depth of 1,830 metres. Following the completion of drilling operations…
8 February 2019
ADNOC Awards AED 5 Billion Contract for Construction of Ghasha Concession Artificial Islands
The Abu Dhabi National Oil Company (ADNOC) announced the award of a dredging, land reclamation and marine construction contract to build multiple artificial islands in the first phase of development of the Ghasha Concession. The contract awarded to the UAE’s National Marine Dredging Company (NMDC) is valued at AED 5…
8 February 2019
Safe Scandinavia Extended at Ula
Aker BP ASA has exercised the first of eight one-month options to extend the charter of the Safe Scandinavia. The total value of the option is USD 4.5 million.In mid-August 2018, the Safe Scandinavia commenced a 7-month firm operational period at the Ula platform in the Norwegian sector of the…
8 February 2019
Black Sea Oil & Gas Moves Forward with the Midia Gas Development Project
Black Sea Oil & Gas SRL (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”) announced that they have approved the Final Investment Decision (“FID”), to proceed with the $400 million Midia Gas Development Project (“MGD Project”), offshore Black Sea.FID…
8 February 2019
Total Makes Significant Discovery And Opens A New Petroleum Province Offshore South Africa
Total has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. The Brulpadda well encountered 57 meters of net gas condensate pay in Lower Cretaceous reservoirs. Following the success of the main…
8 February 2019
ION Expands Multi-client Data Library Offshore Brazil
ION Geophysical Corporation announced a new 2D multi-client reimaging program offshore Brazil. The first phase of the Farofa program covers acreage in the deep water Campos basin that will be available for licensing this October in Brazil's upcoming Round 16. The program will reimage ~10,000 km of existing data using…
8 February 2019
Drilling Permit for Well 24/9-14 A in Production Licence 869
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 24/9-14 A, cf. Section 15 of the Resource Management Regulations.The well will be drilled from the Scarabeo 8 drilling facility in position 59°21'51.91" north and 1°46'52.29" east after completing the drilling of wildcat well 24/9-14 S…
8 February 2019
GeoPartners: Sierra Leone 2D 2019
GeoPartners, in partnership with the Petroleum Directorate of Sierra Leone, announced a new 2D seismic survey offshore Sierra Leone to support the 4th Offshore Petroleum Licensing Round planned for later this year. The survey will comprise of over 9000km of new data and cover the full extent of the offshore…
31 January 2019
SMD Shanghai Complete Manufacture of Quantum MkIII WROV
Soil Machine Dynamics Ltd (SMD) announced that SMD Shanghai, SMD’s Chinese entity, have successfully completed the manufacture and commissioning of a Quantum MkIII work class remotely operated vehicle (WROV) at their facility in Lingang, Shanghai. This is the first WROV to be built at their facility since its opening in…
31 January 2019
Shelf Drilling Awarded New Contract in Egypt with Petrobel
Shelf Drilling, Ltd. announced that it has received an award for a one-year contract for the Trident 16 jack-up rig with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez, offshore Egypt. The contract includes mutually agreeable options, and the planned start-up of operations is Q1 2019. Petrobel…
31 January 2019
DOF Contract Awards
DOF has been awarded 1-year contracts by the Southern North Sea (SNS) Pool, for the vessels Skandi Captain and Skandi Texel. Commencement for Skandi Captain will be in direct continuation of existing contract, with Skandi Texel commencing in Q2.
31 January 2019
Talon Agrees to Acquire EnCounter Oil Limited, more than Doubling its UK North Sea Portfolio
HIGHLIGHTS: - Talon continues to advance its UK North Sea strategy with the acquisition of EnCounter Oil Limited - EnCounter was formed by former members of EnCore Oil PLC, a company focused on the North Sea and responsible for significant hydrocarbon discoveries at Breagh, Cladhan, Catcher, Varadero and Burgman -…
31 January 2019
Oil and Gas Authority: Supplementary 31st Round Offers Exceptional Opportunity for Greater Buchan Area Revival
The Oil and Gas Authority (OGA) has launched the Supplementary 31st Offshore Licensing Round, presenting an exceptional opportunity for oil and gas companies to collaborate to maximise economic recovery of up to 300 million barrels of oil equivalent (mmboe) in the Greater Buchan Area.Situated in the Outer Moray Firth in…
31 January 2019
Petro Rio S.A.: Acquisition of Additional Interest in Frade Field
Petro Rio S.A., in addition to the material fact disclosed to the market on October 29, 2018, hereby informs of the execution of a Share Purchase Agreement for the acquisition of Chevron Brasil Upstream Frade Ltda. - a limited liability company holding a 51.74% working interest and operatorship in the…
31 January 2019
Rowan Announces Contract with Lundin Norway for the Rowan Viking
Rowan Companies plc announced that the Rowan Viking, an N-Class ultra-harsh environment jack-up rig, has been awarded a seven-well program by Lundin Norway AS in Norway for a minimum duration of 265 days. The contract is expected to commence in Q2/Q3 2020 and has four additional one-well priced options. The…
30 January 2019
JDR Wins Second Offshore Wind Contract for Major Project in Taiwan
JDR Cable Systems (JDR), the leading supplier of subsea umbilicals and power cables to the offshore energy industry, owned by the TFKable Group, has been selected by Jan De Nul to supply subsea power cables and accessories for the Taiwan Power Company Offshore Wind Farm Phase One.The project is located…
30 January 2019
Odfjell Drilling: BP Extends Contract for Platform Drilling Services on the UK Continental Shelf
Odfjell Drilling announced that BP will continue to use their platform drilling services on the UK continental shelf.BP has awarded Odfjell Drilling a contract for platform drilling and maintenance services on three of its platforms in the UK North Sea. The contract period is for two years, with an additional…
30 January 2019
TechnipFMC Awarded a Substantial Integrated EPCI (iEPCI™) Contract for the Lundin Luno II and Rolvsnes Development
TechnipFMC has been awarded a substantial(1) integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract from Lundin Norway for the Luno II and Rolvsnes development, located in the North Sea at a water depth of 110 meters.The contract covers the delivery and installation of subsea equipment including umbilicals, rigid flowlines, flexible…
30 January 2019
ScotWind Leasing - Update on Timescales and Next Steps
In November 2018 Crown Estate Scotland published an update on leasing design and potential timescales. To begin to provide certainty to potential applicants they said in November that the earliest timeline for their leasing was for it to be launched in April 2019. TImescalesFinal timings for Crown Estate Scotland's leasing…
30 January 2019
Anglo African Oil & Gas plc: Results from Djeno
Anglo African Oil & Gas plc, an independent oil and gas developer, reported that the TLP-103C well at its Tilapia licence in the Republic of the Congo has intersected the targeted Djeno horizon and that hydrocarbons were encountered. Wireline logging confirms the presence of a 12 metre oil column in…
30 January 2019
Rovco and Global Marine Group Enter Invested Partnership
Subsea technology company, Rovco has formed an invested partnership with Global Marine Group (GMG) an innovative market leader in offshore engineering, to bring intelligent inspection, repair and maintenance (IRM) solutions to the global offshore market.GMG, made up of three business units – Global Offshore, CWind and Global Marine – has…
30 January 2019
Coda Octopus Successfully Integrates its Recently Launched 3D Sonar Echoscope4G® Surface on ASV
Coda Octopus has recently partnered with AVIC IET, an offshore wind contractor in China, to integrate the Echoscope4G® Surface real-time 3D sonar on a state-of-the-art Autonomous Surface Vehicle (ASV). For the first time, AVIC IET will be able to autonomously control their vehicle and the Echoscope4G Surface with its integrated…
30 January 2019
Rowan Companies plc Amends Transaction Agreement with Ensco plc to Increase Exchange Ratio to 2.750
Rowan Companies plc announced that it has entered into an amendment to the Transaction Agreement with Ensco plc providing for the combination of the two companies in an all-stock transaction. Under the amended agreement, Rowan shareholders will receive 2.750 shares of Ensco for each share of Rowan they own. All…
29 January 2019
Nexans Announces a Project to Enhance its Organization and Restructure its European Operations
Nexans has entered an Information and Consultation process and announced a restructuring project that would allow:- A complete resizing of the organization through the refocusing on its core Business Groups, suppressing regional structures and greatly reducing complexity;- A leaner and more cost effective, agile organization, achieved through the rationalisation of…
29 January 2019
Unique Group Enters into a Pivotal Partnership with POSH Subsea to Offer Integrated Diving Solution
Unique Group, one of the world’s leading integrated subsea and offshore solution providers, has entered into a contract with Singapore based POSH Subsea to offer integrated diving solutions. As part of the agreement, Unique Group will design, manufacture and deliver Classed Air and Saturation Dive systems for integration on POSH’s…
29 January 2019
McDermott Awarded EPCI Subsea Tieback Contract from LLOG for the Stonefly Development
- McDermott will install the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform in the Gulf of Mexico- McDermott's advanced spoolbase in Gulfport, Mississippi, and North Ocean 105 will be used for the installation work- Award builds on McDermott's…
29 January 2019
Vietsovpetro's Ca Tam Oil Field Started Production from CTC1-WHP Platform in Block 09-3/12
On January 25, 2019, the first oil of Ca Tam Oil Field in Block 09-3/12 was produced from CTC1-WHP platform at the rate of 1,630 metric tons per day. The project is jointly developed by Vietsovpetro, PetroVietnam Exploration Production Corp (PVEP) and Bitexco Group.As the most crucial component of the…
29 January 2019
RoyalGate Energy Extends License in Equatorial Guinea
The company plans to drill in Block Z; Equatorial Guinea’s block Z holds an estimated 3.6 tcf of gas; RoyalGate is also interested in Angola’s marginal field licensing round.African independent RoyalGate Energy (RoyalGateEnergy.com) has been granted an extension on its Block Z license in Equatorial Guinea, with plans to commence…
29 January 2019
CNOOC Limited Announces a New Discovery in UK North Sea
On January 29, 2019, CNOOC Limited announced a new discovery on the Glengorm prospect, located in offshore UK Central North Sea.The Glengorm discovery is located in License P2215 with a water depth of approximately 86 meters. The exploration well Glengorm was drilled to a total depth of 5,056 meters and…
29 January 2019
Carnarvon Petroleum Limited: Roc South-1 added to 2019 Drill Program
Carnarvon Petroleum Limited announced that the Roc-South-1 exploration well is going to be drilled in 2019. The well will be drilled immediately after the nearby Dorado-2 appraisal well is completed and the Noble Tom Prosser rig will then finish its 2019 drilling campaign for the joint venture with the Dorado-3…
29 January 2019
Drilling Permit for Well 16/1-31 S in Production Licence 338
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-31 S, cf. Section 15 of the Resource Management Regulations.The well will be drilled from the Leiv Eiriksson drilling facility in position 58°51'47.57"N and 02°18'12.33"E after concluding the drilling of wildcat well 7121/1-2 S in the…
28 January 2019
Lundin Petroleum: Acquisition of Further Interests in the Rolvsnes Discovery and Goddo Prospect on the Utsira High
Lundin Petroleum AB announced that its wholly-owned subsidiary Lundin Norway AS has entered into an agreement with Lime Petroleum AS a subsidiary of Rex International Holding Limited, to acquire its entire Utsira High acreage position covering the Rolvsnes and Goddo basement area.The acquisition takes Lundin Norway’s working interest in the…
28 January 2019
Perenco UK Limited: Guinevere Installation Decommissioning Programme
This document is for the Decommissioning Programme (DP) for the Guinevere gas field installation in the Southern North Sea (SNS).
28 January 2019
Perenco UK Limited: Tyne Installation Decommissioning Programme
This document is for the Decommissioning Programme (DP) for the Tyne gas field installations in the Southern North Sea (SNS).
28 January 2019
Polarcus Awarded 3D Project in West Africa
Polarcus Limited announced that an award has been received for a 3D marine seismic acquisition project in West Africa.The project will commence in Q1 2019 with an approximate duration of six weeks.
28 January 2019
SDX Energy Inc.: Operations and Corporate Update
SDX Energy Inc., the North Africa focused oil and gas company, provides its 2019 operational outlook and advises of its intention to delist from the TSXV in conjunction with a move of its corporate residence of the Group’s holding company to the UK from Canada.Morocco (75% Working Interest, Operator) -…
28 January 2019
Åsgard A will Produce Longer
The Norwegian Petroleum Directorate has approved operator Equinor’s application for extended technical lifetime for the Åsgard A facility in the Norwegian Sea until 2027. That means production twelve years longer than the original plan.Åsgard A plays a particularly important role in recovering as much as possible of the remaining liquid…
28 January 2019
Oil and Gas in the UK – Offshore Decommissioning
The government estimates that decommissioning the UK’s offshore oil and gas infrastructure will cost taxpayers £24 billion, although the actual cost is highly uncertain according to the report by the National Audit Office.There are currently around 320 fixed installations – such as oil platforms – in the UK, primarily in…
28 January 2019
IKM Testing Awarded Major Contract at Tyra Redevelopment
Total E&P Danmark A/S has awarded IKM Testing a comprehensive contract on the Danish Continental Shelf. The contract has been won in strong international competition.The contract includes cleaning and preparation for the removal of existing platforms and associated subsea pipelines. The contract will mainly be carried out in 2019 and…
25 January 2019
DOF Subsea Contract Award
Yinson Energy has awarded DOF Subsea Asia Pacific Region a contract to provide Transportation & Installation (T&I) Services to position and moor the FPSO Helang on the Layang field, Sarawak, Malaysia. The award includes Project Management, Engineering, Towing and Mooring Services and is expected to be completed by Q3 2019.…
25 January 2019
McDermott Awarded EPC Contract by BP Trinidad & Tobago for Cassia Compression Project
McDermott International, Inc. announced a significant* contract award by BP Trinidad & Tobago, LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (57 kilometers) southeast off the coast of Trinidad."This award demonstrates how, through strong collaboration and consistent project execution, we continue…
25 January 2019
BVG Associates: Guide to an Offshore Wind Farm
The aim of BVG Associates' guide is to help companies develop a greater understanding of the components and processes involved in the development of offshore wind farms that will be built up to 2025, and in doing so help them realise the opportunities that will arise.There is no single way…