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17 September 2018
Two New Vessels and 50 New Jobs
Main shareholder Ogreid, together with Atlantic Offshore, has purchased Bravo Sapphire and Bravo Topaz. The purchase will create approx. 50 new jobs.Ocean Dee (Ex Sapphire) – built in 2008 – will be equipped and delivered as a UK Coded Class A Emergency Response and Rescue Vessel (ERRV), providing a safe…
17 September 2018
Petrobras Awards Large Scale Multi-Year Engineering Support Contract to Zentech
Petrobras has selected Zentech do Brasil Servicos Tecnicos LTDA., a subsidiary of Zentech, INC. of Houston, Texas, USA for a contract to provide engineering support for its fleet of Ship shape and Semisubmersible type Floating Production, Storage and Offloading Platforms along with the Fixed Gathering and Processing Platform.This award is…
17 September 2018
CGG Conducts Innovative Rich-Azimuth Multi-client Survey NW of Shetland
CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin. The 3,600 sq km survey has received strong industry support and been designed in collaboration with major international oil companies. It focuses on delivering high-resolution seismic data in a prospective but underexplored area…
17 September 2018
GulfSlope Energy Spuds Tau Prospect
GulfSlope Energy, Inc. announced that on September 13, it commenced drilling of the Company’s initial subsalt exploration well in the Gulf of Mexico on the Tau Prospect which is located on Ship Shoal Area, South Addition Blocks 336/351. The Tau Prospect is being drilled with the high-spec Rowan Ralph Coffman…
17 September 2018
Operational Update on Wick
Reabold noted the successful completion of the rig site survey over the proposed location for the forthcoming Wick well.Corallian Energy is expecting drilling of the Wick well to commence in Q4 2018 following receipt of the outstanding necessary regulatory approvals and consents.The Wick prospect is in the license P2235 offshore…
17 September 2018
Fugro Begins Marine Site Investigation at Iberdrola's Baltic Eagle Offshore Wind Farm
Fugro has commenced a marine site characterisation programme at Iberdrola’s Baltic Eagle Offshore Wind Farm, in German waters of the Baltic Sea.Under a contract worth over €10 million, Fugro will undertake a UXO survey to clear the investigation sites, followed by a geotechnical seabed investigation and borehole drilling. The workscope…
17 September 2018
BW Offshore: First Oil Produced by the BW Adolo FPSO
BW Offshore announced that first oil from the BW Adolo FPSO was safely achieved on 16 September 2018, 18 months after the initial investment was made in the Dussafu license offshore Gabon.The BW Adolo arrived in Gabon in late July and hook up of mooring systems and installation of risers…
17 September 2018
Independent Oil and Gas plc: Completion of Harvey Funding, Seismic Reinterpretation Results and Harvey Appraisal Well Preparation
Independent Oil and Gas plc, the development and production focused Oil and Gas Company, confirmed that the funding of its 100% owned and operated Harvey appraisal well has now closed, with terms as announced on 17 August 2018. The Company also provided an update on the results of the Pre-Stack…
17 September 2018
Magseis Receives Letter of Intent in the Americas
Magseis ASA announced that it has received a Letter of Intent for a full operation with its proprietary MASS nodes for an Ocean Bottom Seismic survey in the Americas. Based on Magseis availability of Nodes, the operation will commence at the latest in Q1 2019 and last for approximately 2…
17 September 2018
Boost for Eco Atlantic Oil & Gas as Total Moves Ahead with Guyana Farm-out
Gil Holzman, chief executive of Eco Atlantic Oil & Gas Ltd, tells Proactive’s Andrew Scott that Total has now exercised its option to acquire a 25% stake in the Orinduik Block, offshore Guyana.Total joins the exploration venture alongside operator Tullow Oil plc, owning 60%, and Eco which will retain a…
17 September 2018
Deep Sea Mooring: New Aberdeen Office Announced
Deep Sea Mooring (DSM) is expanding with opening a new office in Aberdeen.DSM’s Aberdeen office, which is headed by UK Managing Director Mo Tafazzoly, has been established in response to growing demand for DSM's services and solutions across the North Sea and will significantly boost the company’s European operations.Mo has…
17 September 2018
The Republic of Madagascar Announce that the 2018-19 Licensing Round Will Open at Africa Oil Week 2018
OMNIS, in partnership with TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5-9th November 2018.Exploration in Madagascar began in the early 20th century with the discovery of heavy oil-rich sedimentary basins in the west, however this frontier region remains relatively under-explored. The…
17 September 2018
Director General of Sierra Leone Petroleum Directorate to Consult with Petroleum Industry Investors
In August 2018 Mr Timothy Kabba was appointed as Director General of the Sierra Leone Petroleum Directorate. Mr Kabba brings fresh perspectives to the current Fourth Sierra Leone Licensing Round and in step with the Government’s New Direction initiative, he has decided to expand the dialogue and enter a period…
17 September 2018
RCEA and Consortium Submit Lease Application for Northern California Offshore Wind Energy Project
The Redwood Coast Energy Authority (RCEA), with support from a consortium of private companies, has submitted a lease application to the Bureau of Ocean Energy Management (BOEM) to advance the development of an offshore wind energy project off the coast of Humboldt County, in Northern California. The 100-150 megawatt (MW)…
13 September 2018
Ophir Announces Strategic Update
Following his appointment as interim CEO in May 2018, and the recently closed Santos production acquisition, Alan Booth and the Board have reviewed and agreed the key next steps to enable Ophir to deliver the inherent value in its asset base and maximise value for shareholders.Ophir, as announced in half…
13 September 2018
Kick-off for the Next Vessel in Offshore Renewables
The steel cutting ceremony of yard number 315, the next offshore wind vessel for Bernhard Schulte, was carried out on 10 Sept 2018. Steel cutting is considered as first step of a newbuild project. The Service Operation Vessel (SOV) is of the SX195 design from Ulstein, and is destined to…
13 September 2018
Total E&P South Africa Contract Awards
Total E&P South Africa has awarded Solstad Farstad ASA a contract for one Large Anchor Handling Vessel (AHTS) Normand Ranger (2010, VS 491 Design) and one Platform Supply Vessel (PSV) Far Starling (2014, PSV 08 CD Design).The contracts are to support Total E&P South Africa's drilling campaign in Block 11B/12B…
13 September 2018
MTE Wins Contract with Aibel AS
MTE announced that they have secured a new contract to supply their quality assured fire and blast solutions to one of Norway’s leading oil, gas and renewable energy suppliers.MTE has been contracted to design and manufacture series of their leading fire and blast wall panels as well as their wind…
13 September 2018
Energean Oil and Gas plc Announces its Half-year Results for the Half Year Ended 30 June 2018
Operational and Financial highlights- Raised $460 million through Premium London Stock Exchange IPO, the largest Oil & Gas IPO for nearly four years.- Arranged $1,275 million of project financing with an attractive estimated average margin of 4%.- Took Final Investment Decision for Karish-Tanin in March 2018; on track to deliver…
13 September 2018
TGS Announces New 3D Multi-client Project in the MSGBC Basin
TGS announced Jaan, a fully harmonized 3D multi-client project in the southern portion of the MSGBC Basin from northern Senegal, through The Gambia and the AGC zone, into Guinea-Bissau down to the Guinea transform fault. This project will consist of 11,135 km² of new acquisition complemented by the reprocessing and…
12 September 2018
Oceaneering Announces Subsea 7 Umbilical Contract for Shell's Vito Development in the Gulf of Mexico
Oceaneering International, Inc. announced that it entered into a contract with Subsea 7 to supply an umbilical and flying leads for Shell's deepwater Vito development in the Mississippi Canyon area of the U.S. Gulf of Mexico.The contract is for an electro-hydraulic steel tube control umbilical, and flying leads, totaling approximately…
12 September 2018
Briggs Marine Acquires Canadian Companies
Briggs Marine Canadian AcquisitionThe Briggs Group announced it has recently acquired a consortia of three marine companies in Canada. The Companies; Foreshore Technologies, Balanced Environmental and Ocean Tech are based in North Vancouver, British Columbia and have been trading for 25 years.Foreshore Technologies Inc. are a leading underwater survey and…
12 September 2018
Saudi Aramco Awards China Harbour Engineering Arabia a Contract to Construct Two Drilling Islands Under Berri Oilfield Increment Program
Saudi Aramco awards China Harbour Engineering Arabia a contract to construct two drilling islands under Berri Oilfield Increment Program- China Harbour Engineering tasked to construct two man-made drilling islands to support the Berri field production capacity islands.- Expected completion of the project is mid-year of 2020, which is a sub-component…
12 September 2018
Odfjell Drilling Secures Additional Work for Deepsea Bergen
Odfjell Drilling has signed a contract with Ithaca Energy (UK) Limited for one firm production well, plus optional wells with commencement in either 2019 or 2020 to be mutually agreed, on the UK Continental Shelf ("UKCS").Commencement of the firm well is scheduled for February 2019 with an expected duration of…
12 September 2018
Oceanteam Solutions Wins Contract for Cable Transport from Norway to the Netherlands
Oceanteam Solutions, in cooperation with Blue Offshore, has recently signed a contract with one of UK’s biggest energy companies for the supply of a barge equipped with a 5300t turntable and auxiliary equipment for the transport of cables from Norway to the Netherlands. The project is planned to be executed…
12 September 2018
Ampelmann Secures Second Contract with Eidesvik
Ampelmann, the leader in offshore access solutions, has secured a contract with vessel owner Eidesvik for supporting works at the Merkur wind farm in the German North Sea. An E-type system has been installed on the vessel Viking Neptun and will operate for five months, starting mid-September.This is the second…
12 September 2018
N-Sea Commences £30 million IRM Campaign
N-Sea Offshore Limited is carrying out work on a £30 million contract to provide subsea inspection, repair and maintenance (IRM) services for an oil and gas development and production company.The three-year all-inclusive contract with options for extensions is utilising well-established N-Sea vessels and project crews for vessel based and daughter…
12 September 2018
Veolia-Peterson to Collaborate with Allseas on Major Northern North Sea Decommissioning Project
Veolia-Peterson Joint Venture - comprising Veolia ES UK Limited and Peterson UK Limited - has signed a contract with the offshore heavy lift and pipelay contractor Allseas for the provision of dismantlement and disposal services for a major Northern North Sea decommissioning project.The strategic partnership’s main scope is for the…
12 September 2018
Investment Conditions Key as Industry at Crossroads
The leading representative body for the UK’s offshore industry will today warn the sector is at a crossroads as it publishes its Economic Report 2018. Oil & Gas UK highlighted findings which show an improved landscape for the sector, with reduced costs, competitive fiscal terms, improved operational performance and more…
12 September 2018
Eco Atlantic Issues AIM CPR and TSX Compliant NI-51-101 Report on Orinduik Block, Guyana
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, announced that Gustavson Associates LLC of Boulder, Colorado has prepared a Competent Persons Report ("CPR") for the AIM Market of the London Stock Exchange along with a NI…
12 September 2018
Ocean Infinity Commences Search Operations for the ARA San Juan
Ocean Infinity have been appointed by the Argentinian authorities to carry out the search for ARA San Juan, the Argentine Navy submarine which was last heard from on 15 November 2017.Operations have now commenced in the Atlantic Ocean approximately 300 nautical miles east of Comodoro Rivadavia.Ocean Infinity is using five…
12 September 2018
Swire Seabed Wins Wintershall Framework Agreement
Swire Seabed has successfully secured a Framework Agreement with Wintershall Norge AS (Wintershall) for the provision of Marine Subsea Services (MSS) in the North Sea.The Framework Agreement will commence this year and has a duration of three years plus four yearly options. The work to be performed under this agreement…
12 September 2018
Eni Begins Construction of the Hull for Coral South Floating LNG Unit
At the presence of Mozambique’s Minister of Mineral Resources and Energy, Ernesto Max Tonela, Eni and its Area 4 partners held at Geoje Island, South Korea, the “First Steel Cut” ceremony that marks the beginning of the construction of the Hull of Coral South’s Floating Liquefied Natural Gas (FLNG) vessel.The…
12 September 2018
Geoquip Marine Secures Major Investment from Njord Partners
Leading offshore geotechnical engineering and drilling company Geoquip Marine has attracted major investment from Njord Partners, a specialist European investment fund.Njord Partners first invested in Geoquip in 2014, at a time when the company's main activities in the oil and gas sector were considerably affected by a global downturn. The…
11 September 2018
Azinam Makes a New Country Entry, Farming in to Two Licences as Operator in the Orange Basin, Offshore South Africa
Azinam Limited, the Seacrest Capital-backed South West African oil exploration company, announced the acquisition of a 40% operating interest in Block 3B/4B and a 51% operating interest in Nearshore Block 3B/4B in the Orange Basin, offshore South Africa, with Ricocure (Pty) Ltd retaining 60% and 49% in the blocks respectively.The…
11 September 2018
The Norwegian Petroleum Directorate has Found New Deep Sea Mineral Deposits
The Norwegian Petroleum Directorate just concluded a successful three-week data acquisition expedition on the Mohn’s ridge in the western part of the Norwegian Sea.The Mohn’s ridge is a seafloor spreading ridge, separating two oceanic plates, and the objective of the expedition was to investigate the possible existence of mineral resource…
11 September 2018
Drilling Permit for Well 30/6-30 in Production Licence 825
The Norwegian Petroleum Directorate (NPD) has granted Faroe Petroleum Norge AS a drilling permit for well 30/6-30, cf. Section 15 of the Resource Management Regulations.Well 30/6-30 will be drilled from the Transocean Arctic drilling facility in position 60°43'6.71"N and 2°44'3.43"E after concluding the drilling of wildcat well 35/11-21 A for…
10 September 2018
Northern Lights Applies for Permission to Inject and Store CO2 on the Norwegian Shelf
Equinor along with its partners Shell and Total, submitted an application for an exploitation permit for a subsea reservoir for injection and storage of carbon dioxide (CO2).This is the very first time the authorities have announced a licensing round for injection and storage of CO2. Equinor and the partners in…
10 September 2018
Viking Neptun Secures Contract Through Winter Season 2018/19 for Merkur Offshore GmhH
Merkur Offshore GmbH in Germany has awarded Eidesvik a contract for the Viking Neptun for support work in the offshore wind market. Contract commencement is mid-September 2018 and the firm contract is 5 months with 2,5 months optional periods.The commercial terms are confidential between the parties.
10 September 2018
DOF Subsea Awarded Frame Agreement and Several Short-term Contracts
The Atlantic region has been awarded a Frame Agreement for marine subsea services from Wintershall. During the course of the Contract, Wintershall may call-of services as required within Survey, IMR and Light Construction using DOF Subsea's integrated PM&E teams and fleet of subsea vessels. The duration of the agreement is…
10 September 2018
'Esvagt Innovator' Christened and Ready for South Arne
Hess and ESVAGT add to their 19-year long collaboration with a new top modern multirole vessel, which appropriately was christened 'Esvagt Innovator'.On Thursday, August 23rd, ESVAGT welcomed vessel number 43 into their fleet in a traditional champagne christening ceremony.The mandatory champagne christening is close to being the only traditional aspect…
10 September 2018
Update on BKR Transaction
Serica Energy plc announced that it has agreed with BP to extend the completion timetable for the BKR (Bruce, Keith and Rhum fields) transaction for one month until early November 2018. This extension is to enable outstanding regulatory and partner consent processes to be completed, including processes by the US…
10 September 2018
Gazprom, PetroVietnam and Quang Tri Provincial People’s Committee Sign Memorandum of Cooperation
Alexey Miller, Chairman of the Gazprom Management Committee, Nguyen Vu Truong Son, CEO, Member of the Board of Directors of PetroVietnam, and Nguyen Quan Chinh, Vice Chairman of the Quang Tri Provincial People’s Committee, today signed in Sochi a Memorandum of Cooperation.The signing ceremony took place in the presence of…
10 September 2018
Independent Resource Assessment Reveals Oil and Gas Potential Offshore Newfoundland and Labrador Continues to Grow
The Government of Newfoundland and Labrador, Nalcor Energy-Oil and Gas and Beicip-Franlab today released the 2018 Oil and Gas Resource Assessment that identifies an additional 11.7 billion barrels of oil and 60.2 trillion cubic feet of gas potential offshore.The independent resource assessments are based on new data covering parcels on…
10 September 2018
Drilling Permit for Well 6407/11-1 in Production Licence 751
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 6407/11-1, cf. Section 15 of the Resource Management Regulations.Well 6407/11-1 will be drilled from the Deepsea Bergen drilling facility in position 64°12'22.8"N and 7°29'33.25"A.The drilling programme for well 6407/11-1 relates to the drilling of a wildcat…
10 September 2018
Norway’s Largest Oil Pipeline Now in Place
Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, reached the Johan Sverdrup field in the North Sea.Late last week the last pipe of what is now Norway’s longest and largest oil pipeline was installed right next to the riser platform at the Johan Sverdrup field. The 36-inch…
7 September 2018
38 Companies have Applied for Acreage in APA 2018
The authorities have received applications from 38 companies in the Awards in Predefined Areas (APA) 2018. The application deadline expired on 4 September.- There was a record level of interest last year as regards the number of applications. It is good to see that there is about the same interest…
7 September 2018
EnQuest: Magnus Acquisition and Rights Issue
EnQuest PLC, an independent oil and gas production and development company, announced its proposal to exercise certain options relating to the Magnus field, and the Thistle and Deveron fields. The Magnus Transaction and drilling of two infill development wells in the Magnus field will be funded through a Rights Issue,…
7 September 2018
2H Offshore Expands STREAM JIP for Improved SCR and Lazy-wave Riser Design
2H Offshore, a riser and conductor specialist in subsea services group Acteon, has completed the first phase of the STREAM (STeel Riser Enhanced Analytics using Measurements) joint industry project (JIP) and has expanded the work into a second phase.The JIP’s participants include Anadarko, Chevron, ExxonMobil and Shell. In this collaborative…
7 September 2018
Bibby Offshore Continues North Sea Success
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully delivered a significant contract to an independent oil and gas development and production company.The project, completed via two separate scopes, saw Bibby Offshore carry out inspection repair and maintenance (IRM) services and riser connection support…