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29 October 2018
i3 Energy Provides Operational Update and New Corporate Presentation
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced the following operational update and the release of a new corporate presentation via the Company's website. In November 2017, i3's independent competent person, AGR Tracs International Limited (AGR), attributed a mid-case STOIIP of…
29 October 2018
Two New Projects Worth Over S$200 Million Deepen Sembcorp Marine’s Footprint in Renewable Energy Engineering Solutions
Sembcorp Marine is breaking new ground in renewable energy engineering solutions with two separate projects worth over S$200 million.The Group has inked an agreement with Ørsted Wind Power subsidiary Optimus Wind Limited for engineering, procurement, construction, hook-up and commissioning works on two topsides, to be deployed at the Hornsea 2…
29 October 2018
Oil Discovery North of the Johan Castberg Field in the Barents Sea - 7220/5-3
Equinor and partners ENI and Petoro have completed the Skruis exploration well in the Johan Castberg licence. The well confirms a volume of 12-25 million recoverable barrels of oil.Skruis is the first operated exploration well drilled by Equinor this year in the Barents Sea.The well was drilled about 8 kilometres…
29 October 2018
Delineation of the 35/12-2 (Grosbeak) Oil and Gas Discovery in the North Sea – 35/11-21 S and 35/11-21 A
Wellesley Petroleum AS, operator of production licence 248 I, has concluded the drilling of appraisal wells 35/11-21 S and 35/11-21 A on the 35/12-2 (Grosbeak) oil and gas discovery.The wells were drilled about 10 km northeast of the Fram field in the northern part of the North Sea, and 84…
29 October 2018
Restart of Erskine Production
Serica Energy plc announced that the remedial action to remove the gas hydrates in the Erskine to Lomond pipeline has been completed. Production from Erskine has restarted and flow rates are being optimised. Further updates will be provided once the re-commissioning process is complete.
29 October 2018
Company Experts Join Forces to Re-launch Key Oil & Gas UK Network
Over 50 oil and gas company representatives have been nominated as part of a key network re-launch that Oil & Gas UK is spearheading under its Efficiency Task Force (ETF).Set up in 2015, the Continuous Improvement Network looks to better understand the nature of efficiency in the UKCS by examining…
29 October 2018
Decommissioning Programmes Approved for Jacky Wellhead Platform Subsea Installation and Associated Pipelines
The document attached contains two decommissioning programmes for each set of associated notices served under Section 29 of the Petroleum Act 1998. The Decommissioning Programmes are for:- 2 Jacky Field Installations- 5 Jacky Field PipelinesFull document
29 October 2018
Irish Sea Contractors Launches In-situ Subsea Cable Repair Solution
Irish Sea Contractors, a leading provider of subsea engineering services from Co. Wexford, Ireland has announced the launch of a new, patented, in-house developed subsea power cable repair solution and in-house subsea jointer training programme. This innovative technology addresses the challenges of lifting subsea cables to the deck of the…
29 October 2018
Jan De Nul Names Offshore Installation Vessel Taillevent
On 25 October, in the Belgian port of Ostend, Jan De Nul Group named its newest offshore installation vessel Taillevent. Miss Pauline Stassijns, granddaughter of Director Dirk De Nul, baptised the vessel and wished her success and a safe journey. The De Nul family, employees and their guests attended the…
29 October 2018
Operational and Tullow JV Updates in Guyana and Namibia
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licenses in highly prospective regions offshore Guyana and Namibia, announced updates with respect to licence PEL30 in Namibia (the "Cooper Block") and its operations in Guyana.Namibia Eco has received a formal notice from Tullow Namibia Limited, in…
29 October 2018
Agreement on Mutual Rights to Aquire Seismic Data
The Norwegian Minister of Petroleum and Energy Mr. Kjell-Børge Freiberg and his Russian colleague, Minister of Natural Resources and Environment Mr. Dmitry Kobylkin signed an agreement on mutual rights to seismic aquisition in the Barents Sea.Both countries are in the process of mapping the resources on their respective side of…
29 October 2018
Talon Petroleum Enters North Sea with Farmin to Appraisal Drilling
HIGHLIGHTS:- Talon farms in to a 10% interest in Licence P2396 containing the 45mmboe (gross 2C Contingent Resource) Curlew‐A discovery- The farmin is Talon’s first step in a broader UK North Sea strategy with several additional high‐quality opportunities under consideration- Successful placement to sophisticated investors to raise $720,000Talon Petroleum Limited…
29 October 2018
Conditional Agreement for WA-359-P Joint Venture and Ironbark Exploration Well Funding
Cue Energy Resources Limited announced that its 100% subsidiary Cue Exploration Pty Ltd, has executed an agreement (Co-ordination Agreement) with BP Developments Pty Ltd, Beach Energy Limited and New Zealand Oil & Gas where each of Cue, BP, Beach, and New Zealand Oil & Gas have agreed, subject to certain…
25 October 2018
Ultra Deepwater Drillship Deepsea Metro I sold for $262.5 million
Golden Close Maritime Corp. announced the sale of their only drilling rig, the Deepsea Metro I, to an Asian buyer. The drillship, built in 2011 by Hyundai Heavy Industries and managed by Odfjell Drilling, has been warm stacked in Malaysia since 2017 after seeing its most recent contract in disputed…
25 October 2018
U.S. Interior Approves Long-Awaited First Oil Production Facility in Federal Waters Offshore Alaska
U.S. Secretary of the Interior Ryan Zinke announced a long-awaited development for oil and gas energy production offshore the state of Alaska. Interior’s Bureau of Ocean Energy Management (BOEM) issued conditional approval to Hilcorp Alaska LLC for its Liberty Project oil and gas development and production plan. If developed, the…
25 October 2018
Panoro Energy Announces Production Update at Dussafu, Offshore Gabon
Panoro Energy reported initial production rates at the Tortue field located in the Dussafu Marin PSC, offshore Gabon, are fully in line with expectations.On September 16, 2018, first oil production commenced at the BW Offshore operated Tortue field, producing from the initial 2 horizontal production wells into the BW Adolo…
25 October 2018
Cairn Energy PLC: Senegal Update
Cairn announced that the Development and Exploitation Plan for the SNE field offshore Senegal has been submitted on schedule to the Government of Senegal by the Joint Venture (JV)* with approval targeted later this year.Cairn also announced that JV partner Woodside Energy (Senegal) B.V. has exercised its option to become…
25 October 2018
Whitebark Energy Sells TP-15 Interest for up to $5m
- Whitebark has executed a Sale and Purchase Agreement to sell its 15% interest in TP-15 to Triangle Energy (Global) Ltd for up to $5m.- The offer structure allows Whitebark to retain exposure to any commercial success at Xanadu which is located within TP-15.- Whitebark intends to invest the initial…
25 October 2018
Greater Western Flank Phase 2 Commences Production
Woodside, as Operator of the North West Shelf (NWS) Project, advised that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.Woodside CEO Peter Coleman said the project has been delivered $630 million below the expected cost of approximately $2.0 billion (100%…
25 October 2018
P-69 Starts Operation in Lula field, Pre-salt of Santos Basin
Petrobras announced that it has started, with its partners in the BM-S-11 Consortium, production of oil and natural gas in the Lula Extremo Sul area, in the pre-salt of Santos Basin, by means of platform P-69, eighth unit installed in the Lula field.The FPSO (floating production, storage, and offloading unit…
25 October 2018
Shell Adds New, Deep-water Production in Brazil
New, deep-water production is underway today at Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing.Operated by Petrobras, P-69 is a standardized vessel that can process up to…
24 October 2018
PD&MS secures further contract renewal with Chrysaor in North Sea
PD&MS Group has secured a contract renewal for up to two years with one of the UK’s leading independent E&P companies, Chrysaor, following successful delivery on the assets since they were purchased in 2017.The award will see the firm continuing to support all of the operator’s North Sea facilities, including…
24 October 2018
Revolutionary Way of Lifting Offshore Successfully Tested
Heerema Marine Contractors (HMC) has developed a globally unique, innovative way of lifting that will redefine the boundaries of lifting operations offshore. This ‘QUAD lifting’ was tested successfully on October 22, 2018 in the Gulf of Mexico. The QUAD lifting enables HMC to integrally install and/or remove oversized topsides or…
24 October 2018
OGA Gives Alligin and Finlaggan the Green Light - Approvals Brings 2018 UK FID Tally to 12
Ross Cassidy, an analyst with Wood Mackenzie’s Europe upstream team, said: “In further positive news for the UK upstream sector, the Oil and Gas Authority has approved two field developments today - BP's Alligin project in the Greater Schiehallion Area, West of Shetland, and Zennor Petroleum's Finlaggan project in the…
24 October 2018
Sentinel Marine Makes Further Fleet Investment with New Platform Supply Vessel
Offshore support vessel operator Sentinel Marine is adding to its state-of-the-art fleet with the purchase and major refit of a multi-role ship. The Aberdeen-based firm, which has just seen the eighth of nine new builds commence operations in the North Sea, expects that Scotian Sentinel will enter service in November…
24 October 2018
Acquisition of Jacobs’ ECR Division
WorleyParsons has entered into a binding agreement to acquire Jacobs Energy, Chemicals & Resources division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Minerals. ECR has a global footprint with long-term, blue-chip relationships in key strategic markets, most notably the US, Canada, the Middle East and…
24 October 2018
World’s Second Floating Offshore Wind Farm gets EU Finance Boost
The European Investment Bank today announced a €60m loan to help fund the world’s second floating offshore wind farm in Portugal.Windplus – a subsidiary of EDP Renewables, Repsol and Principle Power – are developing the 25 MW floating offshore wind farm 20km off the Portuguese Viana do Castelo coast. The…
24 October 2018
Weatherford Announces Sale of Laboratory Service Business
Weatherford International plc announced it has signed a definitive agreement to sell its laboratory services business to a group led by CSL Capital Management, L.P. for $205 million in cash.Under the agreement, Weatherford will divest its laboratory and geological analysis business, including personnel and associated contracts. After exiting the laboratory…
24 October 2018
First Gas from Beryl Field of Block SK10 Offshore Sarawak, Malaysia
Mr. Hiroshi Hosoi, President and CEO of JX Nippon Oil & Gas Exploration Corporation announced that its subsidiary JX Nippon Oil & Gas Exploration (Malaysia) Limited, the Operator of Block SK10 offshore Sarawak, Malaysia together with PETRONAS Carigali Sdn Bhd, commenced commercial gas production from Beryl Gas Field in September…
23 October 2018
Australia: Ichthys LNG Project Begins Gas Exports
Total announced that the first cargo of liquefied natural gas (LNG) from Ichthys LNG has left Darwin, in the Northern Territory of Australia, following the production start-up at the end of July.Ichthys LNG will develop reserves of more than 3 billion barrels of oil equivalent located offshore Western Australia, including…
23 October 2018
Maersk Drilling Lands One-well Extension for Maersk Resolute
Petrogas E&P Netherlands B.V. has exercised an option with Maersk Drilling to extend the current contract of jack-up rig Maersk Resolute. The contract extension is for one well, A15 on the Dutch continental shelf, with an expected duration of 21 days. The exercised option extends Maersk Resolute’s confirmed work scope…
23 October 2018
TAP Launches Offshore Construction Works in Albania
On 19 October 2018, the Trans Adriatic Pipeline (TAP) marked the start of construction works for the 105km offshore pipeline section. The physical offshore pipeline installation is planned to be carried out in 2019, as per TAP’s schedule.The milestone was celebrated in a ceremony attended by Edi Rama, the Prime…
23 October 2018
Samo-1 Well Commences Drilling Offshore The Gambia
FAR Limited advised that drilling has commenced on the Samo-1 exploration well in block A2, offshore The Gambia. The Stena Drillmax arrived on site on Sunday, 21 October and after standard pre-drill operations, the well was successfully spudded.The Samo-1 well will be drilled in 1,000 metres of water depth to…
23 October 2018
Pacific Drilling Awarded Contract for the Pacific Bora
Pacific Drilling S.A. announced that its deepwater drillship the Pacific Bora has been awarded a contract by Nigerian Agip Exploration Limited (a subsidiary of Eni SpA) for drilling operations in Nigeria. The term of the contract is for one firm well plus two additional option wells. The contract is expected…
23 October 2018
TechnipFMC Awarded Subsea Contract for ExxonMobil Liza Phase 2 Project
TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering of the subsea system for the proposed Liza Phase 2 project.Following engineering and subject to requisite government approvals, project sanction and an authorization to proceed with the next phase, TechnipFMC will then manufacture and deliver…
23 October 2018
Seabed Geosolutions Wins Significant Red Sea Ocean Bottom Node Contract
Seabed Geosolutions and its partner have been awarded a 3D ocean bottom node survey in the Red Sea. The S-79 project will require the acquisition and processing of high quality 3D data over a large area in various water depths.Seabed’s highly efficient 4C Manta® ocean bottom nodes will be used,…
23 October 2018
Zennor Announces OGA Approval for the Finlaggan Field Development & Signing of a £170mm Senior Secured Term Loan Facility
Zennor Petroleum Limited announced that it has received approval from the Oil & Gas Authority (OGA) to proceed with the Finlaggan Field development in the UK Central North Sea (block 21/05c), of which it owns 100%.The development project to recover 26mmboe of 2P gas condensate reserves will include two subsea…
23 October 2018
Aker Solutions Wins Subsea Order for Lingshui Field Development in China
Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field.Lingshui 17-2 is CNOOC's first subsea deepwater project developed by the company with…
22 October 2018
Rowan Stavanger to Drill for Gudrun
Rowan Norway Limited has been awarded a contract for drilling two wells at the Gudrun field by use of the Rowan Stavanger jack-up rig. The rig has furthermore been awarded five options for drilling of single wells.Equinor has signed a framework agreement with Rowan Norway Limited, based on terms that…
22 October 2018
Contract Awarded to Huisman for the Delivery of Japan’s Second Dedicated Offshore Wind Turbine Installation Crane
Recently, Huisman, the worldwide provider of stepchanging technical solutions, signed a contract with Japan Marine United Shipyard (JMU) for the delivery of a 1,000mt SWL Pedestal Mounted Crane for offshore wind turbine installation in Japan. The 1,000mt PMC will be built and delivered at Huisman China, installation will take place…
22 October 2018
EMGS Mobilises Vessel for Potential Acquisition Contract
Electromagnetic Geoservices ASA is currently engaged in the final stages of a contractual exchange for a proprietary data acquisition survey with an undisclosed customer.The survey will take place in South America with an expected duration between one and two months.The Company will be mobilising the Atlantic Guardian shortly, at the…
22 October 2018
Liuhua FPSO to get TMC Compressors
Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd has contracted TMC Compressors of the Seas (TMC) to provide the marine compressed air system to the Liuhua FPSO.The Chinese yard is responsible for constructing and equipping the hull of the Liuhua FPSO, which will be owned and operated by CNOOC (China National…
22 October 2018
Polarcus Awarded 3D Project in South East Asia
Polarcus Limited has received an award for a 3D marine seismic acquisition project in South East Asia. The project duration is approximately 4 months and is scheduled to commence in Q4, 2018.Following this award, the Polarcus fleet is 100% booked for Q4 2018.
22 October 2018
Sembcorp Marine Signs Agreement with Teekay Offshore for Modification, Repair and Life Extension of Petrojarl Varg FPSO
Sembcorp Marine Ltd announced that its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte. Ltd. has signed an agreement with Varg L.L.C., a wholly-owned subsidiary of Teekay Offshore Partners L.P., for engineering, procurement and construction works related to the modification, repair and life extension of the Petrojarl Varg FPSO.Scheduled for…
22 October 2018
Bourbon Subsea Services Wins a Turnkey Contract for the Installation of the 25 MW WindFloat Atlantic Floating Offshore Windfarm
Bourbon Subsea Services has been selected by Windplus to install 3 floating wind turbines of 8.3 MW, 20 km off Viana do Castelo, Portuguese coast. These turbines, with a total capacity of 25 MW, are the most powerful in the floating offshore wind industry. The project includes project management, engineering…
22 October 2018
BP Receives OGA Approval to Develop Alligin Field in North Sea
BP confirmed it has received approval from the Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland, which will target 20 million barrels of oil equivalent, and is expected to produce 12,000 barrels gross of oil equivalent a day at peak.Alligin is located 140 kilometres…
22 October 2018
Supplementary Offshore Licensing Round to Target Greater Buchan Area
The Oil and Gas Authority (OGA) has initiated a new Area Plan to maximise economic recovery (MER) from the Greater Buchan area of the North Sea, and is asking oil and gas operators to work together to develop the 150-300 million barrels of oil equivalent (mmboe) estimated to be present…
19 October 2018
Rungne Exploration Well in Norway Commences
Faroe Petroleum announced the commencement of the Faroe-operated Rungne exploration well 30/6-30 in the Norwegian North Sea (Faroe 40% working interest).The Rungne prospect is located in the Norwegian Sea, c. 30 kilometres north west of the Company’s Brasse field and immediately north of the producing Oseberg oil field. The well…
19 October 2018
Production Figures September 2018
Preliminary production figures for September 2018 show an average daily production of 1 607 000 barrels of oil, NGL and condensate, which is a decrease of 255 000 barrels per day compared to August.Total gas sales were 9.0 billion Sm3 (GSm3), which is a decrease of 1.2 GSM3 from the…
19 October 2018
Alpha Petroleum Enters into Agreements for Teekay Offshore’s Petrojarl Varg FPSO to be Redeployed to Cheviot Oil Field
Alpha Petroleum Resources Limited, an upstream oil and gas operator focused on the UK sector of the North Sea and backed by private equity firm Petroleum Equity, today announces that it has entered into agreements with Teekay Offshore Partners L.P. for its Petrojarl Varg Floating Production Storage and Offloading (“FPSO”)…