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6 November 2018
Rowan Renaissance Awarded Contract by Total
Rowan Companies plc announced that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a contract in Mexico by Total with a firm term of one well with an estimated duration of 60 days. The agreement includes three one-well options that can be exercised by other Total affiliates. Operations…
6 November 2018
GC Rieber Shipping: 4-month Charter for Polar Queen
GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV vessel Polar Queen for a fixed period of four months with options to extend by up to one month. The project is the same as Polar Queen was engaged on during the…
5 November 2018
Nord Stream 2: First Monitoring Results in Finland Confirm Minor Impacts
Nord Stream 2 AG has submitted to the relevant national authorities in Finland the results of its first quarterly environmental monitoring report for the 2nd quarter of 2018. The report presents the findings of the environmental monitoring carried out between April and June 2018 during preparatory activities for construction, such…
5 November 2018
IMCA Publishes New Guidance on Divers' Health, Fitness & Medical Issues
The International Marine Contractors Association’s (IMCA) newly published ‘Guidance on Health, Fitness and Medical Issues in Diving Operations’ (IMCA D 061) has been prepared in response to concerns about how best to address certain problematic diver health, fitness and medical issues identified by IMCA’s Diving Division members.D 061, which includes…
5 November 2018
Halfwave Wins Two New In-line Inspection Contracts from Woodside
Halfwave, which has developed innovative and cost-effective in-line inspection technology for the oil and gas pipelines, has been awarded two new inspections by Woodside in Australia.The awards have been made as part of a Master Services Agreement (MSA). Woodside is an early adopter of Halfwave’s ultra-wideband acoustic resonance technology (ART),…
5 November 2018
Turkey Sends Out First Drilling Vessel "Fatih" to Eastern Mediterranean Sea
Turkey's first drilling vessel, which was named after Istanbul's conqueror Ottoman Sultan Fatih Sultan Mehmet, sailed off to the Mediterranean to start the country's first deep-sea drilling operations. The ship departed following a ceremony held on the northern Marmara coast with Energy and Natural Resources Minister Berat Albayrak in attendance.…
5 November 2018
Serica Energy plc's Acquisition of BHP Interests in Bruce and Keith
Serica Energy plc announced that Serica Energy (UK) Limited has signed a sale and purchase agreement (“SPA”) to acquire further interests in the Bruce and Keith fields and associated infrastructure in the UK North Sea.Under the SPA, Serica UK will acquire a 16.00% interest in the Bruce field and a…
5 November 2018
Satisfaction of OFAC License Conditions Relating to the Rhum Field
Serica Energy plc announced that the conditions of the License relating to the UK North Sea Rhum field, issued by the U.S. Office of Foreign Assets Control (“OFAC”) to Serica Energy (UK) Limited and BP in respect of the interest in the field held by the Iranian Oil Company (UK)…
5 November 2018
Havyard Design’s Sixth Vessel for Grupo CBO is Now in Operation
Havyard and Grupo CBO’s good cooperation culminates in a sixth and, so far, final anchor-handling vessel, which has now been handed over to the Brazilian shipping company.Havyard and CBO have had excellent cooperation throughout the period from the contract was signed and until completion of the vessels. The result is…
2 November 2018
Walk to Work Ship called Kasteelborg
In Den Helder, on October 25, 2018, Marjan van Loon, CEO Shell Nederland, christened the ship Kasteelborg. It is the second Walk to Work vessel in the fleet of Wagenborg Offshore and is used by NAM and Shell UK.After the christening, both Marjan van Loon and Johan Atema (director NAM)…
2 November 2018
Maersk Mobilizer is Delivered
Maersk Mobilizer delivered from Kleven today; the fifth of one series of six anchor traders for Maersk Supply Service A / S. Built for operation at large depths of water, the so-called Starfish series is equipped with a range of innovations, enough to ensure all sailboat jobs immediately after delivery.Mærsk…
2 November 2018
Offshore Wind Industry Needs Thousands of People to Build UK’s Low Carbon Future, says Latest Skills Study
Aura and its partners are launching the findings of the ‘Skills and Labour Requirements of the UK Offshore Wind Industry 2018 to 2032’ report – a national study with a focus on the Humber region. The study, funded by the Regional Growth Fund Green Port Growth Programme and carried out…
2 November 2018
Wärtsilä Divests its Pumps Business
The technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden. Wärtsilä Pumps has belonged to the Wärtsilä Marine Solutions organisation and became part of the company along with the acquisition of Hamworthy in 2012. The Wärtsilä…
2 November 2018
Wärtsilä Strengthens its Position as a Global Operator in the Underwater Services Market by Acquiring Spanish Burriel Navarro
The technology group Wärtsilä has acquired Burriel Navarro, S.L, a company operating in underwater services in the main ports of Spain. The acquisition supports the growth of Wärtsilä’s underwater services and expands the company’s local presence in the European market. Burriel Navarro will be part of Trident, a Wärtsilä company.…
2 November 2018
McDermott Completes Strategic Review of Portfolio; Announces Plan to Divest Storage Tank Business and U.S. Pipe Fabrication Business
McDermott International, Inc. announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting from its combination with CB&I earlier this year, reaffirming its commitment to McDermott's core capabilities as a vertically integrated provider of technology-led onshore and offshore EPC/EPCI services.As a result…
2 November 2018
Subsea 7 Awarded Additional Work on VITO Development
Subsea 7 has increased its planned activity in the Gulf of Mexico region with the award of a second construction contract for the Vito development. The Vito field is located approximately 150 miles south of New Orleans, Louisiana, with water depths up to 4,000ft. The latest contract(1) was awarded by…
2 November 2018
ODL – More Work for Deepsea Bergen
Odfjell Drilling has signed a Letter of Intent for Deepsea Bergen with MOL Norge for one exploration well in direct continuation of the contract with OMV Norge, estimated to expire in Q3/Q4 2019.The estimated duration is approximately 50 days plus possible well testing.The addition of the well with MOL Norge…
1 November 2018
Drilling Permit for Well 24/9-13 in Production Licence 869
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wildcat well 24/9-13, cf. Section 15 of the Resource Management Regulations.The well will be drilled from the Scarabeo 8 drilling facility in position 59°17'51.93" north and 1°46'2.34" east after drilling wildcat well 6406/6-6 S in production licence…
1 November 2018
ASCO Marine Supports Kincardine Offshore Wind Project
Power has started arriving on the coast of Scotland from what will be the world’s largest floating offshore wind farm. The ASCO team supported this project by providing marine coordination from their marine control facility at Steadfast House in Aberdeen.Kincardine Offshore Windfarm Ltd (KOWL), which is majority owned by Spanish…
1 November 2018
Polarcus Awarded 3D Project in West Africa
Polarcus Limited has received an award for a 3D marine seismic acquisition project in West Africa.The award comprises two surveys of approximately three months each, with the first survey expected to commence Q2 2019 and the second survey Q4 2019.
1 November 2018
Panoro Signs Heads of Terms for the Drilling of First Well Offshore Sfax
Panoro Energy announced that its fully owned subsidiary Panoro Tunisia Exploration AS has just signed a Heads of Terms with Compagnie Tunisienne de Forage (“CTF”), the Tunisian state-owned drilling contractor, for the use of the CTF-4, a 2,000-horsepower onshore rig, or equivalent drilling rig, for the drilling of the Salloum…
1 November 2018
Newfoundland Orphan Basin Exploration Drilling Project — Public Comments Invited
The Canadian Environmental Assessment Agency is conducting a federal environmental assessment for the proposed Newfoundland Orphan Basin Exploration Drilling Project, located 343 to 496 kilometres northeast of St. John's, Newfoundland and Labrador, in the Atlantic Ocean.The Agency invites the public and Indigenous groups to comment on the potential environmental effects…
1 November 2018
i3 Energy Provides Financial and Operational Update
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced that holders of its Unsecured Convertible Loan Notes ("CLNs") totalling £409,955 have agreed to amend the maturity date of the CLNs from 31 October 2018 to 31 March 2019.All other terms of the…
1 November 2018
Consortium of Africa Oil, Delonex and Vitol Announces Acquisition of Producing Assets in Deepwater Nigeria
A consortium led by Vitol and comprising Africa Oil Corp (25%), Delonex Energy Ltd. (25%) and Vitol Investment Partnership II Ltd. (50%), announced that it has entered into a Share Purchase Agreement (“SPA”) to acquire a 50% ownership interest in Petrobras Oil and Gas B.V. for $1.407 billion. BTG Pactual…
1 November 2018
Cameroon Reserves Report and Operational Update
Tower Resources plc announced the results of an independent Reserves Report that conforms to SPE_PRMS guidelines from Oilfield International Limited (“OIL”) on behalf of the Company’s wholly owned subsidiary, Tower Resources Cameroon S.A, across its Thali licence, offshore Cameroon in which it holds a 100% licence interest. The Company also…
1 November 2018
2017 Offshore Petroleum Acreage Release Permit Awards
The 2017 Offshore Petroleum Exploration Acreage Release has been finalised and 7 new offshore petroleum exploration permits have been awarded to oil and gas companies.The new exploration permits are located in Commonwealth waters offshore Western Australia, Victoria and the Territory of Ashmore and Cartier Islands.These permits will potentially see more…
31 October 2018
Drilling Permit for Well 31/7-3 S in Production Licence 740
The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-3 S, cf. Section 15 of the Resource Management Regulations.Well 31/7-3 S will be drilled from the Transocean Arctic drilling facility in position 60°26'42.63" north and 3°3'13.81" east after concluding the drilling of wildcat well…
31 October 2018
Industry Collaboration to Drive the Evolution of the “Digital Twin” for Offshore Wind
Bureau Veritas, world leader in testing, inspection and certification services, and the Offshore Renewable Energy (ORE) Catapult have entered into a collaboration agreement to jointly develop a Veristar AIM 3D “Digital Twin” of ORE Catapult’s 7MW Levenmouth Offshore Wind Demonstration Turbine in Fife, Scotland. “Digital Twins” can improve the operations…
31 October 2018
Aqualis Offshore Reaches Rig Move Milestone
Aqualis Offshore celebrates mobile offshore unit rig move number 2,000, just over five years after the company was launched.Aqualis Offshore marked attendance on its 2,000th mobile offshore unit rig move when the Deep Driller 8 jack-up rig was positioned a few days ago at an offshore wellhead platform on the…
31 October 2018
Nilde Area Permit Farmout - Offshore Italy
ADX Energy Ltd announced that it has signed an agreement with SDP Services Limited to farmout a 50% interest in the d 363 C.R-.AX Permit (License) containing the Nilde Oil Redevelopment Project and the successfully tested Norma and Naila oil discoveries Offshore Italy. SDP will fund the work program commitments…
31 October 2018
Follow-on Contracts Awarded to Bilfinger in the North Sea
Bilfinger has received follow-up orders from its contract partner, the Norwegian service company Aibel, that are to tie in with phase 1 of the Johan Sverdrup oil field project. The overall scope of work includes the offshore hook-up, installation, and completion of the drilling and process platform as well as…
31 October 2018
Equinor Receives Consent for Exploration Drilling in the North Sea
Equinor is the operator for production licence 885. Petroleum Safety Authority Norway have now given the company consent to drill exploration well 36/1-3, which aims to investigate a prospect named Presto.Drilling is scheduled to begin in December 2018 and last 35 days, or 52 days if a discovery is made.…
31 October 2018
Extended Lifespan for Skirne and Byggve
Skirne, including the Byggve deposit, is in the central North Sea, 20 kilometres east of Heimdal. Water depth at the site is 120 metres. The field has been developed using two subsea templates tied back to the Heimdal facility. Production began in 2004.Petroleum Safety Authority Norway have now given Total…
31 October 2018
TurkStream Gas Pipeline’s Offshore Section 95 per cent Completed
The Gazprom Board of Directors commended the efforts of the Company to implement its major investment projects.The Company continues to pursue the extensive Eastern Gas Program and to build facilities associated with supplying gas to domestic consumers and to China. In particular, 127 producing gas wells were drilled at the…
31 October 2018
Magseis has Entered into Agreement to Acquire Fairfield Geotechnologies’ Seismic Technologies Business
Magseis ASA and Fairfield Geotechnologies entered into an agreement whereby Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition, nodal and system sale & rental activities including all shares in Fairfield's wholly owned UK subsidiary WGP Group. The consideration in the Transaction comprises a combination of cash,…
31 October 2018
Jacket Contract for Johan Sverdrup Phase 2
Equinor and the Johan Sverdrup licence have awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kværner. The contract value is around NOK 900 million.This is an EPC contract covering engineering, procurement and construction of the steel substructure for the second processing platform for the…
31 October 2018
Columbus Field Development Plan Approval
Serica Energy plc announced that the Oil and Gas Authority (OGA) has approved the Field Development Plan (FDP) for the North Sea Columbus Development which was submitted for approval in June of this year. Peak production is expected to be 7,800 gross barrels of oil equivalent (“boe”) per day. Best…
30 October 2018
MVOT Wins a Time Charter Contract by Idemitsu Kosan Co., Ltd.
MISC Berhad (MISC), through its 51%-owned joint-venture with PetroVietnam Technical Services Corporation (PTSC) i.e. Malaysia Vietnam Offshore Terminal (L) Limited (MVOT) has been awarded a time charter contract by Idemitsu Kosan Co., Ltd. (IKC) for the provision of a Floating, Storage and Offloading Vessel (FSO) in Vietnam. The contract represents…
30 October 2018
Chrysaor - New Actor on the Norwegian Continental Shelf
The Ministry of Petroleum and Energy has approved that British Chrysaor buys a 15 percent stake in the Grevling discovery in the North Sea.This is the company's first license on the Norwegian continental shelf. They have ambitions to grow further in Norway and eventually become an operator. Chrysaor has entered…
30 October 2018
Acquisition of FRADE JAPÃO PETRÓLEO LTDA
Petro Rio S.A., following best practices of corporate governance, hereby informs the execution of a Share Purchase Agreement for the acquisition of FRADE JAPÃO PETRÓLEO LIMITADA, a limited liability company holding 18.26% working interest in the Frade Field.The acquisition is the result of a competitive process and increases Company net…
30 October 2018
Commitment to Maintaining Fiscal Conditions Welcomed by Industry
Oil & Gas UK has welcomed the UK Government’s commitment to maintain fiscal conditions in recognition of industry’s hard work in improving its competitiveness, following the publication of the government’s 2018 Budget on 29 October 2018.Chancellor Phillip Hammond announced that the current headline tax rate will continue. He also stated…
30 October 2018
Execution of Memorandum of Understanding with PT Pertamina (Persero)
JX Nippon Oil & Gas Exploration Corporation announced that it has, in collaboration with Japan Oil, Gas and Metals National Corporation (“JOGMEC”), executed a Memorandum of Understanding (“MOU”) with PT Pertamina (Persero), an Indonesian state-owned oil and gas company, to implement a joint study and a business plan in the…
30 October 2018
Eni and Total Partner with Sonatrach for Offshore Exploration in Algeria
The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, the Chief Executive Officer of Eni, Claudio Descalzi, and the Chief Executive Officer of Total, Patrick Pouyanné, signed two agreements during the Algeria Future Energy Summit in Algiers, which include an exclusive partnership for offshore exploration…
30 October 2018
Safe and Effective Plugging of Wells at Valhall
Maersk Invincible has completed the plug and abandonment (P&A) programme of wells at the Valhall field centre much sooner than planned, with no harm to people, equipment or the environment – and zero CO2 and NOx emissions.Since May 2017, Maersk Invincible has plugged a total of 14 wells at the…
30 October 2018
Increasing Offshore Drilling Activity and Improving Performance Critical to Realising UK Oil and Gas Potential
The OGA has issued its first Wells Insight report, following a period of two years collating and verifying well data, which provides a comprehensive insight into UKCS well stock and activity which will provide extremely valuable information for operators, service and technology providers.The report’s key messages emphasise the requirement to…
30 October 2018
4.7 million Barrels More Troll Oil with New Gas Module
A new gas module has been put on stream on Troll B, boosting the oil production and processing capacity on the Troll field. It is essential to maximising the value of the remaining oil from Troll, and to maintaining high gas export from the field.Oil production from Troll enters tail…
29 October 2018
Drilling Permit for Well 34/8-18 S in Production Licence 120
The Norwegian Petroleum Directorate has granted Equinor ASA a drilling permit for well 34/8-18 S, cf. Section 15 of the Resource Management Regulations.Well 34/8-18 S will be drilled from the drilling facility on the Visund A platform.The drilling programme for well 34/8-18 S relates to the drilling of wildcat wells/appraisal…
29 October 2018
Claxton to Support MOL Norge’s First Well Programme on the Norwegian Continental Shelf
Claxton, a leading supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well programme on the Norwegian Continental Shelf. The award is through Ross Offshore Well Management AS which Claxton will support with equipment…
29 October 2018
Best Quarterly Performance in Company History
Haven commenced operation at the Johan Sverdrup field at 7th June 2018, approximately one month ahead of original schedule. The installation of Haven adjacent to the Drilling Platform was successfully executed according to plan. After installation Haven has delivered 100% gangway connection.Overall, the project cost related to the upgrade of…
29 October 2018
Gabon to Offer Offshore Blocks in 12th Round
The Republic of Gabon has announced that it plans to open its highly-anticipated 12th Shallow and Deep Water Licensing Round of open blocks at the 25th Africa Oil Week, Cape Town in November 2018.H.E. Pascal HOUANGNI AMBOUROUE, Minister of Oil and Hydrocarbons, will make the announcement during a special session…