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26 September 2018
Equinor Strengthening Subsea Collaboration with Aker Solutions and TechnipFMC
Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally.For several decades, the subsea segment has been central in developing Equinor and the NCS. Equinor is operating close to 600 subsea wells, which account for a considerable…
25 September 2018
Prysmian Successfully Completes Wikinger Offshore Wind Farm Submarine Cable Project
Prysmian Group, world leader in the energy and telecom cable systems industry, announced the successful commissioning of the inter-array cable system for the Wikinger offshore wind farm, located within the West of Adlergrund cluster in the German Baltic Sea.Prysmian secured this project in February 2015 with a contract awarded by…
25 September 2018
Hydra Converts Vessel to Meet Saturation Diving Market Needs
Offshore and subsea construction company Hydra enters the saturation diving market with a powerful diving support vessel, the M/V Subsea Responder.Trevor Davis, president and CEO, announced the company has converted its flagship vessel, the M/V Subsea Responder and acquired a saturation diving system to prepare for the influx of projects…
25 September 2018
Sapura Energy Bags Contracts Worth RM815m
Sapura Energy Bhd’s wholly-owned subsidiaries have secured four contracts, including contract extension, with a combined value of about RM815 million.In a filing with Bursa Malaysia today, Sapura Energy said the contracts are expected to contribute positively towards the earnings of the group for the financial year ending Jan 31, 2019.For…
25 September 2018
SSE Acquires Fluor Ltd.'s 50% Share of Seagreen Wind Energy Limited
SSE is exercising its pre-emption right in the sale of Fluor Ltd.'s 50% share in Seagreen Wind Energy Limited, established to develop offshore wind projects in the Firth of Forth Zone. SSE already holds the other 50% share of the joint venture and will purchase Fluor's share for a single…
25 September 2018
Farm-in to Colter and Issue of Equity
Andalas Energy and Power Plc, announced it has, through its 100% owned subsidiary Resolute Oil & Gas (UK) Limited, entered into an agreement with Corallian Energy Limited under which it has acquired, via a farm-in, an 8% interest in UK Continental Shelf Licence P1918, which contains the Colter prospect and…
25 September 2018
Equinor Extends Safe Boreas at Mariner
Prosafe has agreed with Equinor UK Limited to extend the Safe Boreas at the Mariner project in the UK sector of the North Sea by eight months from November 2018 until June 2019. In addition, Equinor has up to six months of options available.Total value of the extension commencing early…
25 September 2018
Pipeline Integrity Confirmation and Project Update
Independent Oil and Gas plc, the development and production focused Oil and Gas Company, provided conclusive confirmation of the integrity of the Thames Pipeline and a progress update on its Southern North Sea (SNS) gas project.Highlights:- A 150-bar pressure hydrotest has fully confirmed the Thames Pipeline’s integrity at pressure well…
25 September 2018
Successful Appraisal Well and Extended Production Test on Alta
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS has successfully completed the Alta appraisal well 7220/11-5 and extended production test in PL609 in the southern Barents Sea.Highlights:- Results were better than expected, demonstrating excellent reservoir productivity and connectivity to a large volume- Successfully completed 700 metres…
24 September 2018
Joint Industry Human Rights Supply Chain Engagement
BP, Equinor, Shell and Total CEOs announced that they have agreed to join forces to create a collaborative approach to human rights supplier assessments in the energy industry.Participating companies recognise the importance of working with suppliers that respect human rights, in line with the UN Guiding Principles on Business and…
24 September 2018
Total Announces Major Gas Find Offshore UK
Total announced a major gas discovery on the Glendronach prospect, located offshore U.K. West of Shetland. The well was drilled to a final depth of 4,312 meters and encountered a gas column of 42 meters of net pay in a high quality Lower Cretaceous reservoir. Preliminary tests confirm good reservoir…
24 September 2018
Myanmar: Positive Appraisal of the A6 Block Discovery
Total announced a successful appraisal of the A6 block Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step towards confirming a commercial project. The well was drilled to a final depth of 4,820 meters and encountered 40 meters of net gas pay in a high quality reservoir. Preliminary tests…
24 September 2018
Arkona Offshore Windfarm Online
The Arkona offshore wind farm in the German part of the Baltic Sea has supplied the first electricity into the German electricity grid.The 385 MW project, operated by E.ON in partnership with Equinor, can when completed, deliver power to approximately 400.000 German households. After the first of 60 turbines now…
24 September 2018
K2 Management Acquires Marine Engineering Consultancy, Cruz Atcheson
K2 Management, the specialist renewables engineering consultancy, has agreed to acquire independent energy engineering consultancy, Cruz Atcheson.Founded in 2015, Cruz Atcheson specializes in three key areas in the wave, tidal and floating wind sector: concept design, due diligence support and project development.The acquisition marks K2 Management’s entry into the wave,…
24 September 2018
Major Investment in Renewable Tidal Energy That Will Power 2,500 Homes in Nova Scotia
The Candian government is committed to making investments that use Canada’s natural advantage, their resources, to make their economy more competitive while cutting pollution. These include investments in emerging technologies to tap the vast potential of marine renewable energy.On 20 September 2018, the Honourable Amarjeet Sohi, Canada’s Minister of Natural…
24 September 2018
Cormorant-1 Well Update
Tullow Oil plc announced that the Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, encountered non-commercial hydrocarbons and the well is being plugged and abandoned. The Cormorant-1 exploration well in Namibia has been drilled to a total depth of 3,855 metres and penetrated the objectives of the Cormorant prospect.…
21 September 2018
Transocean Norge to Drill for Equinor
Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 2019.The rig has also been awarded a contract option for drilling four additional wells and is intended for…
21 September 2018
Rebound in Spending Keeps Offshore Ahead of Shale
A recent surge in final investment decisions (FIDs) on offshore oil and gas projects has set the scene for a healthy increase in offshore investments next year, thus preventing the shale industry from overtaking offshore for the first time, according to Rystad Energy’s latest analysis. This is due to a…
21 September 2018
SeaBird Exploration: Letter of Intent Received for Source Work in the Americas
SeaBird Exploration announced that it has received a letter of intent from a repeat client to provide two source vessels for an OBN seismic survey in the Americas region. The OBN survey is expected to commence in Q1- 2019 with an expected combined duration of three to four vessel months.…
21 September 2018
Verus Announces Signing of SPA for Acquisition of Cieco Exploration & Production (UK) Limited
Verus Petroleum announced on 20 September 2018, that it has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.The consideration is $400 million (USD) with an economic date of 1 January 2018.The acquisition includes a…
21 September 2018
Jadestone Energy Satisfies All Conditions Required to Complete the Montara Acquisition
Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, announced that all conditions precedent to its proposed acquisition of the Montara oil project, offshore Australia are now satisfied.All conditions precedent to the Sale and Purchase Agreement signed on 15 July 2018 (“SPA”) are…
21 September 2018
Providence Resources: Barryroe Farm-out
Providence Resources P.l.c., the Irish based Oil & Gas Exploration Company, provided a commercial update on Standard Exploration Licence (“SEL”) 1/11 that contains the Barryroe oil accumulation. SEL 1/11 is operated by EXOLA DAC (80%), a wholly-owned Providence subsidiary, on behalf of its partner, Lansdowne Celtic Sea Limited (20%). The…
21 September 2018
Subsea Expo 2019 to Focus on Underwater Innovation
Industry experts are being urged by Subsea UK to showcase the most advanced technologies and lead discussions on the current and future subsea challenges at next year’s flagship event, Subsea Expo.The 14th annual conference, which takes place at the Aberdeen Exhibition and Conference Centre from 5-7th February 2019, will examine…
21 September 2018
NSF Awards Contract to Group Led by WHOI to Continue Operation of Ocean Observatories Initiative
The National Science Foundation (NSF) announced that it has awarded a coalition of academic and oceanographic research organizations a five-year, $220 million contract to operate and maintain the Ocean Observatories Initiative (OOI). The coalition, led by the Woods Hole Oceanographic Institution (WHOI), with direction from the NSF and guidance from…
21 September 2018
INDIGO Subsea Cable System Linking Australia and South East Asia Lands in Perth
AARNet, Google, Indosat Ooredoo, Singtel, SubPartners and Telstra announced a milestone in the implementation of the INDIGO subsea cable system with the landing of the INDIGO West cable at Floreat Beach in Perth. This marks the completion of the first section of cable across approximately 2,400 kilometres from Christmas Island…
21 September 2018
Delineation of the Hanz Field and Dry Wildcat Well in the North Sea - 25/10-16 S, A and C and 25/10-16 B
Aker BP ASA, operator of production licence 028 B, has concluded the drilling of appraisal wells 25/10-16 S, A and C on the Hanz field, as well as wildcat well 25/10-16 B drilled in production licence 915 just southeast of the Hanz field.The wells were drilled about 14 kilometres north…
20 September 2018
South Marsh Island 71 Update
Byron Energy Limited provided the following update on the Company’s South Marsh Island Block 71 (“SM71”) Project.Since oil and gas production began from the Byron operated South Marsh Island 71 F Platform in March 2018, 641,773 barrels of oil and 556 million cubic feet of gas, on a gross basis,…
20 September 2018
Aker BP has Received Consent for Exploration Drilling in the North Sea
Aker BP is the operator for production licence 869. Petroleum Safety Authority Norway have now given the company consent to drill exploration well 24/9-13.The well is in the North Sea, close to the Bøyla and Alvheim fields, at the following coordinates:59° 17' 51.932" N01° 46' 02.341" EWater depth at the…
20 September 2018
Repsol has Received Consent for Work at Yme
Repsol Norge AS has received consent from Petroleum Safety Authority Norway to carry out work on the Yme field.The consent applies to work to secure potentially loose walkway gratings on the Yme caisson. The work is to be performed by personnel lowered down from a helicopter.The activity is planned to…
20 September 2018
Hague and London Oil Plc: Acquisition of Third Energy Offshore Ltd and Interim Update
Hague and London Oil plc, the oil and gas company with a diverse portfolio of production, development, appraisal and exploration assets currently focused in the Dutch sector of the Southern North Sea, announced that it has entered into an agreement for the conditional acquisition of the entire share capital of…
20 September 2018
Gulf Marine Services PLC: Three Long-Term Contract Awards in MENA
Gulf Marine Services, the leading provider of advanced self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, announced it has been awarded three long-term contracts in the MENA region.The new charters, which are subject to the completion of legal documentation and finalisation of the vessel delivery…
20 September 2018
Sembcorp Marine, ABS and A*STAR’s Institute of High Performance Computing Team Up to Develop New Gas Technologies in Offshore, Marine and Energy Sectors
With the growing relevance of Liquefied Natural Gas (LNG) as a sustainable alternative to oil and other fossil fuels, Sembcorp Marine, ABS (American Bureau of Shipping) and A*STAR’s Institute of High Performance Computing (IHPC) are teaming up to develop new technologies, applications and capabilities in the offshore, marine and energy…
20 September 2018
Scotrenewables Tidal Power Commences Site Preparation for Commercial Production Unit
Record breaking SR2000 turbine to be recovered from European Marine Energy Centre in Orkney ahead of site preparations for optimised production model.In a move to start site preparation work for their optimised 2MW floating tidal turbine, Scotrenewables Tidal Power have started work to remove the SR2000 turbine from its test…
20 September 2018
Maersk Supply Service Completes FSO Tow and Installation for Culzean Field
Hook up of the Ailsa Floating Storage and Offloading unit (FSO) was successfully completed. This marks the final step of the FSO transportation and installation for the Culzean field, under the project management of Maersk Supply Service.The project has been delivered to Total E&P UK as an integrated solution, including…
19 September 2018
MCA Contract Award for Clinton Marine Survey
Clinton Marine Survey was recently awarded the Contract for Lot 1 of the Maritime & Coastguard Agency’s (MCA) UK Civil Hydrography Programme (CHP). The MCA funds, manages and delivers the UK CHP which provides high-quality hydrographic data that underpins the production of national nautical charts and publications, and maximizes the…
19 September 2018
TE Connectivity Announces Definitive Agreement to Sell its Subsea Communications Business to Cerberus Capital Management
TE Connectivity Ltd., a world leader in connectivity and sensors, announced that it has entered into a definitive agreement to sell its subsea communications business (SubCom) to Cerberus Capital Management, L.P., a global leader in alternative investing, for $325 million in cash.The transaction is expected to close by the end…
19 September 2018
Infinity Awarded Frame Agreement and First Project from Major E&P Company
Infinity have been awarded a frame agreement for the provision of engineering and commenced the first project. Infinity announced that the first project, a fast track subsea tie-back to an existing facility is now underway.The project will be developed over the next six months with the offshore installation expected to…
19 September 2018
Offshore Gas and Renewables Could Partner in Power Generation
An innovative partnership between gas platforms and windfarms could see more power generated - maximising both gas production and renewable electricity generation offshore, according to a report from the Oil and Gas Authority (OGA).The concept of gas-to-wire (GTW) involves using the gas produced from gas fields to be generated into…
19 September 2018
West Hercules to Drill More Exploration Wells
Seadrill Norway Operations Limited has been awarded a contract for drilling two exploration wells for Equinor in the Barents Sea by use of the West Hercules rig. Drilling is scheduled to start in the spring of 2019.The contract includes options for drilling nine additional wells. The rig is primarily assigned…
18 September 2018
Aqualis Offshore Completes Egina Station Keeping Job
Marine and offshore engineering consultancy Aqualis Offshore has successfully completed its position keeping role for the Egina FPSO which is now safely moored in Nigerian waters.Aqualis Offshore’s team of position keeping masters on board the FPSO first oversaw the installation of the four first mooring lines, which took the FPSO…
18 September 2018
Drilling Permit for Well 7324/3-1 in Production Licence 615
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations.Well 7324/3-1, will be drilled from the West Hercules drilling facility in position 73°57'27,39" North og 24°41'04,86" East.The drilling programme for well 7324/3-1 relates to the drilling…
18 September 2018
First Subsea Platform Mooring Connectors for Windfloat Atlantic Project
First Subsea is supplying Platform Mooring Connectors (PMCs) to Windplus SA for the 25MW WindFloat Atlantic Project, offshore northern Portugal. The PMCs will be used to connect wind turbine generator platforms to mooring lines at a water depth of 85–100m. The WindFloat Atlantic Project comprises three WindFloat 8MW WTG platforms…
18 September 2018
Swan Hunter Mobilise Carousel Equipment Spread Aboard ASV Pioneer for CWind’s ‘Complete Cable Care’ Service
Swan Hunter have completed mobilisation and commissioning of their new modular offshore carousel and associated equipment onboard the ASV Pioneer barge, for client CWind in support of CWind’s ‘Complete Cable Care’ service offering.The new basket carousel, has been mobilised onto the barge in the smallest of four configurations, at 2000Te…
18 September 2018
Ocean Yield: FPSO Dhirubhai-1 Update
The contract for the FPSO Dhirubhai-1, which operates on a 10-year contract on the MA-field with Reliance Industries Limited in India, expires on Wednesday 19th September 2018 at 06:00 CEST.Ocean Yield ASA's subsidiary, Aker Floating Production AS, has received an instruction from Reliance Industries to shut-down production on the MA-field.Reliance…
18 September 2018
CHC Australia Awarded New Helicopter Services Contract for Offshore Northwest Australia
CHC Helicopter has been awarded a ground-breaking helicopter services contract by Woodside and other operators in the North West Shelf and North West Cape regions, providing passenger transfer flights, medical evacuation and search and rescue services for four customers from bases in Australia’s Pilbara region.The contract will commence in July…
18 September 2018
Petrel Resources plc: Update Regarding Contract for the Tano 2A Block
Petrel Resources, the oil and gas exploration company with an interest in Ghana, announced that the Company's Directors believe they have resolved the outstanding issues with the Ghana National Petroleum Corporation (GNPC) regarding a contract for the development of the Tano 2A Block (the 'Petroleum Agreement'). As such, all legal…
18 September 2018
TGS Announces New Multibeam and Seep Study Project in the MSGBC Basin
TGS announced its first regional offshore MSGBC SeaSeep Project in the North West Africa Atlantic Margin. The program will cover an area of approximately 113,500 km2 and will incorporate around 230 cores from the seabed, located based on multibeam backscatter anomalies. Acquisition of the multibeam will commence early Q4 2018…
18 September 2018
Aker Solutions Wins Major Services Contract in Brazil
Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil.The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes an option for…
18 September 2018
Production Figures August 2018
Preliminary production figures for August 2018 show an average daily production of 1 870 000 barrels of oil, NGL and condensate, which is a decrease of 42 000 barrels per day compared to July.Total gas sales were 10.2 billion Sm3 (GSm3), which is a decrease of 0.4 GSM3 from the…
17 September 2018
STAPEM Narval About to Undergo Sea Trials
A new Offshore Diving Support Catamaran for STAPEM OffshoreSTAPEM Narval shares with STAPEM Beluga identical hull and superstructure layout, similar size and roughly comparable features and equipment. Suited for demanding offshore tasks, that requires a high degree of manoeuvrability and accuracy, STAPEM Narval is currently under finalization process at Legacy…