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10 January 2019
BW Offshore: Contract Extension for FPSO Polvo
BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of FPSO Polvo. The firm period has been extended to Q3 2020 (from Q3 2019), with options until Q3 2022.
10 January 2019
Ready for Oda Start-up
The authorities have approved the application for start-up of the Oda field in the North Sea. Operator Spirit Energy expects start-up in February/March. Total investments for the development are estimated at NOK 5.5 billion.Estimated reserves in the Oda field are 5.2 million standard cubic metres of oil equivalents (32.7 million…
10 January 2019
Ophir Energy plc: Block R Licence, Equatorial Guinea
Ophir announced that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended following expiry of the licence on 31 December 2018.As a consequence, there will be an additional non-cash impairment of…
10 January 2019
Nigeria: Total Starts Up Production of the Giant Egina Field
Total has started up production on December 29, 2018 from the Egina field, located in around 1,600 meters of water depths, 150 kilometers off the coast of Nigeria. At plateau, the Egina field will produce 200,000 barrels of oil per day, which represents about 10% of Nigeria’s production. The Floating…
10 January 2019
Successful Appraisal Well in the Goliat Licence in the Barents Sea
The resource estimates on Goliat continues to increase. Vår Energi AS has together with license partner Equinor completed an appraisal in PL 229 in the Barents Sea through the successful drilling of the 7122/7-7 S Goliat West appraisal well.The appraisal well 7122/7-7 S is located about 2 km south of…
10 January 2019
Aibel Secures Johan Sverdrup Bridge Option
Equinor has awarded Aibel the EPC (Engineering, Procurement and Construction) contract for the final bridge on the Johan Sverdrup field.The 100-meter bridge (YB005) will connect the P2 Process Platform with the Riser Platform (RP) at the field and weighs around 1,350 metric tons. The contract was included as an option…
7 January 2019
Hess Provides Update on Drilling and Development Activities Offshore Guyana
Hess Corporation said that drilling has begun on the Haimara-1 exploration well offshore Guyana, the first of two planned exploration wells in January. The Stena Carron drillship is drilling the Haimara-1 well, located 19 miles (31 kilometers) east of the Pluma-1 discovery in the southeastern part of the Stabroek Block.The…
21 December 2018
Lamprell plc: New Contract Award
Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV ("GeoSea"), the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm, to fabricate jacket foundations for the project. Lamprell will fabricate 45 out of…
21 December 2018
Letter of Intent for the Award of New E&C Offshore Work Order for the Ramp Up to Plateau Phase of the Zohr Field Development Project, Worth More than 1.2 billion USD
Saipem and Petrobel have negotiated an offshore contract addendum worth more than 1.2 billion USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Ramp Up to Plateau” phase of the “supergiant” Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.Petrobel is a…
21 December 2018
Saipem: New Onshore and Offshore Drilling Contracts Worth Approximately 255 million USD in Total
Saipem has been awarded new onshore and offshore drilling contracts worth approximately 255 million USD in total.In onshore drilling the new contracts have been obtained in Argentina, Ecuador and Peru.In offshore drilling, a contract has been signed with Eni Messico for the drilling, offshore Mexico, of 15 wells, plus 13…
21 December 2018
Seismic Vessels 'Oceanic Sirius' and 'Oceanic Vega' Complete Tandem Drydocking at Damen Shiprepair Amsterdam
Sister-ships Oceanic Sirius and Oceanic Vega have completed a round-the-clock, 10-day maintenance programme at Damen Shiprepair Amsterdam (DSAm). For eight of those days the two 106-metre vessels were in the yard’s 250-metre drydock no.4 in a tandem arrangement, to maximise the efficient use of resources. The twin SX120 type seismic…
21 December 2018
Project Update: Final Environmental Impact Report Submitted to MA Executive Office of Energy and Environmental Affairs
Vineyard Wind announced that it has submitted a Final Environmental Impact Report (FEIR) to the Massachusetts Executive Office of Energy and Environmental Affairs (EEA), taking a final step in the Massachusetts Environmental Policy Act (MEPA) review process for the proposed 800 megawatt (MW) offshore wind generation and transmission project.Vineyard Wind’s…
21 December 2018
Fred. Olsen Energy ASA: Minutes of Extraordinary General Meeting
An extraordinary general meeting of Fred. Olsen Energy ASA was held today, 20 December 2018. Please find attached the minutes of the general meeting.All proposals on the agenda were adopted in accordance with the notice for the extraordinary general meeting dated 29 November 2018, including the proposal to change the…
21 December 2018
US Gulf of Mexico Poised for Historic year in 2019
Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project sanctions and an uptick in M&A all in the cards, global natural resources consultancy Wood Mackenzie…
21 December 2018
Subsea 7 Awarded Contract Offshore US Gulf of Mexico
Subsea 7 S.A. announced the award of a sizeable(1) SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico. Project execution will be delivered by Subsea Integration Alliance (SIA)(2), which is a partnership between Subsea 7 and OneSubsea Schlumberger, to provide…
20 December 2018
Equinor Deepens in Offshore Wind in Poland
Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia.This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % interest…
20 December 2018
Eni Announces Merakes East Gas Discovery in the Indonesian Offshore
Eni successfully drilled and tested the Merakes East prospect in East Sepinggan block, Offshore Kalimantan, Indonesia. The prospect is located 33 km south east from the Eni-operated Jangkrik field and just 3 km east of the Merakes Field. The well has been drilled to a depth of 3,400 m MD…
20 December 2018
Reabold Resources plc: Rig Mobilised for UK Drilling Campaign
Reabold announced that, as part of Corallian Energy Limited's two well offshore UK drilling campaign, the ENSCO-72 jack-up rig has now been mobilised from Hartlepool to drill the Wick exploration well in UKCS Block 11/24b (Licence P2235).The Wick exploration well will test a high relief sub-surface structure which Corallian, the…
20 December 2018
Industry Demonstrates Cost Leadership in Developing First Offshore Decommissioning Standard Contract
Oil & Gas UK’s subsidiary LOGIC (Leading Oil & Gas Industry Competitiveness), published a new standard contract on 18 December aimed at helping companies committed to delivering offshore decommissioning excellence. The standardisation of legal contracts, spearheaded by LOGIC in partnership with industry, improves the efficiency of drafting, executing and negotiating…
20 December 2018
Vattenfall Gives Go-ahead for Kriegers Flak Offshore Wind Farm
Vattenfall has made the final investment decisions for the offshore wind farm Kriegers Flak in Denmark. Further action for Vesterhav Syd & Nord is awaiting the result of the appeal process. The two projects amount to a total value of 1.7 billion euro.With a combined capacity of 949 MW, equivalent…
20 December 2018
Dry Well Near the Njord Field in the Norwegian Sea – 6307/1-1 S
Lundin Norway AS, operator of production licence 830, is in the process of concluding the drilling of wildcat well 6307/1-1 S.The well has been drilled about 40 kilometres south of the Njord field and about 95 kilometres north of Kristiansund.The primary exploration target for the well was to investigate the…
20 December 2018
Consent to Use Deepsea Atlantic
Fram is an oil field in the northern North Sea, around 20 kilometres north of Troll. Water depth in the area is around 350 metres.Equinor has now received consent from Petroleum Safety Authority Norway to use the Deepsea Atlantic mobile drilling facility to drill three production wells.Drilling is scheduled to…
20 December 2018
Vår Energi Awards Jotun FEED Contract to Aker Solutions
Vår Energi is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed. In total, about 20 billion NOK will be invested in the redevelopment of the area, which includes the first NCS license area, PL 001…
20 December 2018
i3 Energy Provides Liberator Update
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced that it continues to progress the necessary documentation with the UK's Oil & Gas Authority ("OGA") to achieve Field Development Plan ("FDP") approval in early 2019 for the Company's 100% owned and operated…
19 December 2018
Ocean Installer is Awarded Johan Castberg FPSO Mooring and Tow Out Scope
Equinor and Ocean Installer have signed a contract that covers the FPSO mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea.Johan Castberg is one of the largest subsea field developments on the Norwegian continental shelf. The project includes Skrugard, Havis and Drivis, which lies…
19 December 2018
BW Offshore: Extension Agreement 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 30 June 2019.
19 December 2018
DOF Subsea Awarded Three New North Sea Contracts
The Atlantic region has recently been awarded three new contracts in the North Sea. The first of these contracts will see DOF Subsea undertake a workscope in the Norwegian North Sea involving subsea construction support and pre-commissioning operations from the Geosund during December 2018. In addition, the company has been…
19 December 2018
Processing Topside Ready for Johan Sverdrup
Fully assembled and tested, the topside for the Johan Sverdrup processing platform is leaving the Samsung Heavy Industries yard on time, below budget and with no serious incidents.Aker Solutions has been responsible for engineering and procurement management for the two topsides, while Samsung Heavy Industries has been responsible for construction…
19 December 2018
Schlumberger Awarded Subsea Boosting Contract in the Norwegian North Sea by Equinor
OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction (EPC) contract by Equinor for the supply of the industry’s first all-electric actuated subsea boosting system for the Vigdis Field in the Norwegian North Sea.The scope of the contract includes a pump station, with a manifold foundation and…
19 December 2018
Schooner and Ketch Decommissioning Environmental Appraisal Report
On the United Kingdom Continental Shelf (UKCS), the decommissioning of offshore oil and gas installations and pipelines is controlled through the Petroleum Act 1998, as amended by the Energy Act 2008. Under the Petroleum Act 1998, owners of an offshore installation or pipeline must obtain approval of a ‘Decommissioning Programme’(DP)from…
19 December 2018
Drilling Permit for Well 7132/2-2 in Production Licence 857
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 7132/2-2, cf. Section 15 of the Resource Management Regulations.Well 7132/2-2 will be drilled from the West Hercules drilling facility in position 71°50'28.37"N and 32°23'17.92"E after concluding the drilling of wildcat well 7132/2-1 for Equinor Energy AS,…
19 December 2018
Petrofac Awarded Ithaca Construction and Commissioning Contract
Petrofac’s Engineering and Production Services (EPS) business has secured a construction and commissioning contract with Ithaca Energy (UK) Limited (Ithaca) valued in the region of US$10 million.Under the terms of this reimbursable contract, Petrofac will be responsible for the topsides construction and commissioning works that are to be undertaken on…
18 December 2018
Triton Knoll: Consultation on Draft Decommissioning Programme
Consultation on Triton Knoll’s draft Decommissioning Programme is underway, with all comments to be received no later than 25 January 2019.Once complete, the final programme will be submitted to the Department of Business, Energy and Industrial Strategy (BEIS).The draft Decommissioning Programme outlines TKOWFL’s plans for the removal of the offshore…
18 December 2018
CGX Energy Announces Definitive Rig Agreement for use of the Ralph Coffman Rig for the Utakwaaka-1 Well
CGX Energy Inc., through its wholly owned subsidiary CGX Resources Inc. has entered into a definitive rig agreement with ROWAN RIGS S.À R.L for the provision of rig services for the drilling of the Company’s Utakwaaka-1 well in its Corentyne block.Under the terms of the agreement, the Company has procured…
18 December 2018
Bergen Group Services Enters into Agreement with Equinor Energy AS Comprising Motor Maintenance
Bergen Group Services AS has entered into a 3-year framework agreement with Equinor Energy AS comprised by engine maintenance on offshore installations. The framework agreement, valid from 1 February 2019, is estimated to generate a turnover of at least NOK 50 million throughout the contract period. The agreement includes an…
18 December 2018
Energean to Receive US$98 million from Israel Natural Gas Lines
Energean Oil and Gas plc announced it has signed a Memorandum of Understanding (“MOU”) with Israel Natural Gas Lines (“INGL”) for the construction and transfer of the near shore and onshore part of the infrastructure that will deliver gas from the Karish and Tanin FPSO into the Israeli national gas…
18 December 2018
Eni Announces the Approval of the Investment Plan for Merakes Development Project in Indonesia
Eni will start with the execution of the Merakes Development Project in Indonesia following the approval received by the Minister of Energy of Indonesia and the authorization for the investment plan sanctioned by the company’s Board of Directors.The Merakes development project, located in the Kutei Basin, offshore East Kalimantan, consists…
18 December 2018
Sonangol and BP Agree to Advance BP’s Activities in Angola
Angola’s Sonangol and BP signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. They also agreed to extend the production licence for the BP-operated Greater Plutonio project on Block 18 to 2032, subject to government approval, and for…
18 December 2018
Equinor has Received Consent for Exploration Drilling in the Barents Sea
Equinor is the operator for production licence 857. Petroleum Safety Authority Norway have now given the company consent to drill exploration well 7132/2-2, which aims to investigate a prospect that has been named “Gjøkåsen Deep”.The location has the following geographical coordinates:71º 50’ 28.37” N32º 23’ 17.91” EWater depth at the…
18 December 2018
CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies
CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation and TOTAL.According to the agreements, the Strategic Cooperation Areas are located in the Pearl River Mouth…
18 December 2018
Andalas Energy and Power Plc - Eagle Licence Extension
Andalas Energy and Power plc provided the following update on its investment in Eagle Gas Limited. - The OGA has agreed a 5 month extension of the initial term of licence P2112 to 19 May 2019. - Under the terms of the extension, the licence holder must: - By no…
18 December 2018
SNE Field Development - Phase 1 Commences FEED Activities
Woodside advised that the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture(1) has agreed to commence front-end engineering design (FEED) activities following the award of the subsea FEED contract to Subsea Integration Alliance(2) for the SNE Field Development-Phase 1 (SNE development) offshore Senegal. Further FEED contracts are…
18 December 2018
BP Announces Sanction of Cassia Compression and Matapal Gas Projects in Trinidad
BP Trinidad and Tobago (BPTT) announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and MatapalThe Cassia Compression project will enable BPTT to access and produce low pressure gas reserves from currently-producing fields in the Greater Cassia Area, maximizing recovery from these existing resources.The project will involve…
18 December 2018
Equinor Acquires Offshore Wind Lease Outside Massachusetts
Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore the Commonwealth of Massachusetts.Equinor submitted a winning bid of USD 135 million for lease OCS-A 0520, during the online offshore wind auction concluded today by…
18 December 2018
Consent for Extended Operation – Norne FPSO
Equinor is the operator of the Norne field, which is in production licence 128 in the Norwegian Sea, around 300 kilometres west of Sandnessjøen and 200 kilometres from the Helgeland coast.Norne has been developed using a production and storage vessel (the Norne FPSO) tied to a number of well templates.…
18 December 2018
Manora Crude Offtake Agreement
Tap Oil Limited announced that a new offtake agreement has been signed in relation to the marketing of crude from the Manora oil field, offshore Thailand, at a slightly improved price premium to current arrangements.The Manora oil field Operator and Tap’s wholly owned subsidiary, Tap Energy (Thailand) Pty Ltd (Sellers)…
18 December 2018
Aasta Hansteen on Stream
On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. On 17 December gas from the Aasta Hansteen field is available to the market for the first time and together with the Polarled pipeline the field opens a new region for…
18 December 2018
Subsea 7 Awarded Contract Offshore UK
Subsea 7 announced the award of a sizeable(1) contract by Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb Project, located approximately 140 miles east of Aberdeen. The engineering, procurement, construction and installation (EPCI) project workscope incorporates a 37km 24” export line, a 14” rigid riser, control jumper, subsea structures…
17 December 2018
Ampelmann Inks Two New Contracts in Asia Pacific
Dutch multinational Ampelmann, the global leader in offshore access services, has secured two new contracts in the Asia Pacific region. Two A-type systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term Walk to Work (W2W) operations. The contract for India is with…
17 December 2018
ADES Secures a Seven-year Contract in Saudi Arabia
ADES International Holding Ltd., a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has successfully renewed an existing contract for Admarine 657 (an ultra-shallow offshore rig previously acquired in June 2018).The renewal for Admarine 657,…