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7 September 2018
Maersk Drilling and Aker BP Sign Major Contract Founded on Joint Alliance
Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integrator on the Norwegian shelf from June 2019. The contract is founded on the alliance that the parties entered into in 2017.The Maersk Integrator will become the first rig to be contracted fully under…
7 September 2018
Completion of Acquisition of Certain SE Asian Producing Assets
Ophir announced the completion of the acquisition of the Producing Assets from Santos Limited.The acquisition of the Producing Assets was structured so as to have an effective date of 1 January 2018, with cash flows generated by the Producing Assets post the effective date (but pre-completion) netted off against the…
7 September 2018
Azinor Catalyst 2019 Drilling Campaign and Westwood Global Energy Group's Farm-out Opportunity Report
Azinor Catalyst is preparing for its 2019 drilling campaign, having undertaken considerable work to de-risk the three prospects it plans to drill. With 100% equity in P2165, 80% in P2317 and 50% in P2179, it is offering equity in all the prospects to spread risk and preserve capital funds.One or…
7 September 2018
Fugro Secures E&P Support Contracts in Trinidad and Gulf of Mexico
Fugro has won three contracts with BHP Petroleum (Deepwater) Inc., which see the company delivering a range of specialist services to support exploration and production operations in Trinidad and Tobago and the Gulf of Mexico.Within Trinidad’s Block 3(a) Fugro is providing geophysical and geotechnical services from dedicated vessels to support…
6 September 2018
Incorporation of a Wholly-owned Subsidiary
Sembcorp Marine Ltd announced that its wholly owned subsidiary Sembcorp Marine Integrated Yard Pte Ltd has established a fully owned subsidiary in Norway, Sevan SSP AS, with an initial issued and paid-up share capital of NOK30,000 divided into 300 ordinary shares of issue price NOK100 each.Sevan SSP will house the…
6 September 2018
Aquanet Power and Innosea Join Forces on Wave Energy Projects
The Hong Kong-based Aquanet Power and France-headquartered Innosea have signed a partnership agreement to collaborate on further enhancement of Aquanet’s wave energy technology and global project development.The wave energy technology developer and marine engineering company will see their joint team operating from Aquanet Power’s UK branch in Edinburgh, Scotland, where…
6 September 2018
Saudi Aramco Awards BHGE Integrated Services Contract for Marjan Field
Saudi Aramco has awarded today the first large-scope integrated services contract for its Marjan oilfield – the first of three major offshore expansions in Saudi Arabia, and the company’s largest upstream development project this year – to Baker Hughes, a GE company (BHGE). Under the contract’s terms, BHGE will provide…
6 September 2018
Sapura Energy in Three Farm-in Deals for Maiden Upstream Australian Venture
Sapura Energy Bhd, via its wholly-owned subsidiary Sapura Upstream Sdn Bhd, has signed three farm-in agreements for offshore exploration permits held by private Australian oil and gas company, Finder Exploration Pty Ltd.Under the agreements, Sapura Upstream will acquire a 70% interest in the three exploration permits, and assume operatorship of…
6 September 2018
PG Flow Solutions to Deliver Pump Systems to Johan Sverdrup Phase 2
Liquid handling and pump specialist PG Flow Solutions has been awarded a contract by the Aker Solutions and Kvaerner 50/50 joint venture (ASK JV) to deliver MEG (mono ethylene glycol) and chemical injection pump packages to the Johan Sverdrup phase 2 field development.Under the contract, PG Flow Solutions will supply…
6 September 2018
Point Resources Extends Contract with Aker Solutions
Point Resources has executed the remaining part of the option for the maintenance and modifications contract with Aker Solutions. The EPC O&M contract between Point Resources and Aker Solutions was first signed in June 2012, covering the Jotun A, Jotun B, Balder and Ringhorne operating facilities in the North Sea.…
6 September 2018
Pipelay of Nord Stream 2 Gas Pipeline Starts in Finland
The offshore pipelay vessel Solitaire started on 5 September 2018 at 13:25 CET the pipelay for the Nord Stream 2 natural gas pipeline in the Gulf of Finland.Before the start of pipelay, the vessel was equipped and tested to meet the project's strict requirements. Nord Stream 2's construction plan takes…
6 September 2018
Wood Providing Operations Services to Hess in the Gulf of Mexico
Hess Corporation has awarded Wood a three year non-exclusive agreement for the provision of operations, maintenance and other support services in the Gulf of Mexico.Hess and Wood have worked together for more than 25 years on a wide range of projects worldwide and the work will be performed under a…
5 September 2018
LLOG Exploration Provides Operational Update on Development Projects and Discoveries
LLOG Exploration Company, L.L.C. (“LLOG” or “the Company”), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (“GOM”), today provided a detailed update on the status of its ongoing development projects and recent discoveries. Key highlights include:- Successfully brought online two wells to-date in 2018, with…
5 September 2018
Talos Energy Announces the Acquisition of Whistler Energy II
Talos Energy Inc. announced the Company entered into and completed a transaction to acquire Whistler Energy II, LLC on August 31, 2018. Year to date gross production from Whistler's assets is approximately 1,900 barrels of oil equivalent per day ("Boepd"), or net production after royalties of approximately 1,500 Boepd, of…
5 September 2018
BP Deploys Plant Operations Advisor on Gulf of Mexico Platforms
BP announced that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Mexico.The announcement comes after an initial deployment of POA proved the technology could help…
5 September 2018
Transocean Ltd. Announces Agreement to Acquire Ocean Rig
- Enhances Transocean’s position as the leader in ultra-deepwater and harsh environment drilling;- Adds nine high-specification ultra-deepwater drillships, two harsh environment semisubmersibles, and two high-specification ultra-deepwater drillships currently under construction;- Results in a combined fleet of 57 floaters, with 17 of the top 50 and 31 of the top 100…
5 September 2018
Promethean Energy Corporation and Subsea 7 Form Strategic Alliance on Deepwater Gulf of Mexico Projects
Promethean Energy Corporation (Promethean) and Subsea 7 announce the execution of a Memorandum of Understanding allowing the organizations to collaborate on the further development of deepwater Gulf of Mexico oil and gas assets.Promethean Energy Corporation is a next generation Development & Production company focused on producing fields with development upside.…
5 September 2018
GUA‐P2 Side‐Track Well in Anasuria Successfully Completed with Enhanced Production Expected
Hibiscus Petroleum Berhad (HIBI:MK) (“Hibiscus Petroleum”, or the “Group”) is pleased to announce that the GUA‐P2 side‐track (“P2‐ST”) well, located in the Guillemot A field of the Anasuria Cluster in the United Kingdom Central North Sea (“UKCNS”) and targeting untapped volumes of oil in the Forties reservoir, has been drilled…
5 September 2018
Tailwind Energy Acquires EOG’s UK Business
Following completion of the acquisition of Shell and Exxon’s interests in the Triton oil cluster, Tailwind Energy Ltd announced the next stage of its growth.Tailwind has agreed with EOG Resources Inc to acquire EOG’s UK business, subject to regulatory approvals. As part of the inherited EOG UK portfolio, Tailwind will…
5 September 2018
Record Fast-track Development
On 2 September the Visund Nord IOR (improved oil recovery) project came on stream, two months ahead of schedule. The project has further been delivered with no serious HSE incidents and well below budget.Visund Nord IOR is a subsea development with two new wells in a new subsea template, which…
4 September 2018
TenneT Begins Laying the NordLink Subsea Cable in the German North Sea
Transmission system operator TenneT has begun laying its "NordLink" subsea cable section in the German North Sea. During the next weeks TenneT will wind out 99 kilometres into the seabed between the cable landfall at the Büsum dike (Schleswig-Holstein) and southwest of the Island of Sylt through the tidal flat…
4 September 2018
Swan Hunter Completes Norther Windfarm Export Cable Load-out
During a busy summer for cable storage and spooling services, Swan Hunter have successfully completed the loadout of Norther Offshore Windfarm Export Cable onto Van Oord’s Nexus cable lay vessel. .Approximately 29km of HVAC export cable, totalling 3150Te, was spooled onto the Nexus vessel from the DOC-Swan Hunter Cable Storage…
4 September 2018
Stinger Technology Awarded Long-term ROV Frame Agreement by Equinor
Stinger has been awarded a frame agreement for the provision of light intervention, inspection and monitoring services.Stinger believe that a low carbon footprint is a competitive advantage, providing attractive business opportunities in a transition to a lower emission economy.The Stinger mini-ROV systems can be operated from the platform topside and…
4 September 2018
ODE Asset Management Limited are Awarded the Duty Holder Contract for the Humber Gathering System
ODE Asset Management Limited (ODEAM), a wholly owned subsidiary of the international engineering and operations support services contractor ODE, has been awarded a contract to be the Installation and Pipeline Operator (Duty Holder) for the Humber Gathering System which will initially serve the Tolmount field.The Humber Gathering System (HGS) comprises…
4 September 2018
SOCO International plc: Sale of Angolan Interests
As announced on 2 July 2018 SOCO has entered into a sale and purchase agreement (SPA) for the sale of the Group's entire 80% shareholding in SOCO Cabinda Limited, the company holding a 22 percent, non-operating, working interest in the production sharing contract for the Cabinda North Block, Angola.The long…
4 September 2018
BGP Pioneer to Start Seismic Survey for Sri Lanka’s Petroleum Data Next Week
Research vessel BGP Pioneer, sailing under the flag of Panama is to commence seismic data acquisition for exploring Sri Lanka’s prospects for petroleum resources in selected offshore areas of the island.The vessel is expected to call Colombo Port on Saturday and the operations are scheduled to be commenced ceremonially on…
4 September 2018
WA-488-P Beehive Work Program Approval
Highlights:- Regulator grants approval of application to suspend deadline for completion of current permit year’s work program to support potential drilling of first exploration well in the WA-488-P Permit- Beehive 3D Seismic Survey recently completed- Total and/or Santos each have option to drill first well in permit- If Total and/or…
3 September 2018
Consent to Use Ekofisk 2/4 VC
ConocoPhillips Skandinavia AS (ConocoPhillips) has received consent from Petroleum Safety Authority Norway to use the Ekofisk 2/4 VC facility.Ekofisk 2/4 VC is a new subsea facility to be used for water injection on the Ekofisk field.
3 September 2018
Tailwind Completes Triton Assets Acquisition
Tailwind Energy Ltd announced the completion of the acquisition of interests in the Triton Cluster from Shell UK Limited, Shell EP Offshore Ventures Limited and Esso Exploration and Production UK Limited.In December 2017, Tailwind Energy Ltd signed an agreement with Shell UK Limited, Shell EP Offshore Ventures Limited and Esso…
3 September 2018
Delivery of Edda Mistral
Østensjø Rederi has Thursday 30th August, taken delivery of Edda Mistral from Astilleros Gondán.The vessel will depart for Hornsea wind farm, off the coast of UK and commence a 5 + 5-year contract with Ørsted UK Wind Power. The vessel is a sister vessel of Edda Passat who was delivered…
3 September 2018
Boskalis Acquires Triton Knoll OWF Cabling Contract
Royal Boskalis Westminster N.V. (Boskalis) has acquired the contract for the supply and installation of the export and inter-array cables for the Triton Knoll offshore wind farm (OWF), UK. In September 2017, Boskalis signed the Preferred Supplier Agreement which has now been converted into a firm contract following the project's…
3 September 2018
Saipem awarded SURF Contracts for Liza Phase 2 Development by ExxonMobil in Guyana and other Offshore E&C Contracts Worth Approximately 700 million USD
Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza development offshore Guyana. These contracts, assigned by Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil, as the project operator, are in addition to those awarded to Saipem in 2017 for Liza Phase 1.Following…
3 September 2018
Energy Swan - Contract Extensions
Golden Energy Offshore Services AS (GEOS) informed that a contract extension has been secured with Wintershall Norge AS.The contract is in direct continuation of the charter contract from 2013. The large PSV Energy Swan was in 2013 chartered for a firm period of 4 years + optional (total of 4…
3 September 2018
SOFEC Awarded Turret Mooring System Supply Contract - Lufeng Internal Disconnectable Turret
SOFEC, Inc. announced that it has been awarded the Lufeng Permanent Reinstatement Project Provision of Turret System by CNOOC China Limited. The system is a Disconnectable Turret System that will be integrated into a replacement FSOU and moored to the existing Lufeng 13-2 Field Moorings in the South China Sea.The…
3 September 2018
MOL Norge has Received Consent for Exploration Drilling in the North Sea
MOL Norge is the operator for production licence 860. Petroleum Safety Authority Norway have given the company consent to drill exploration well 2/6-6 S, which aims to investigate a prospect named Oppdal/Driva.The well is to be drilled in the southern sector of the northern North Sea, 45 kilometres east of…
3 September 2018
Spirit Energy Farm-in to Greater Warwick Area Licences
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announced that Spirit Energy Limited has farmed-in to 50% of Hurricane's Lincoln (P.1368 South) and Warwick (P.2294) licences, together covering the Greater Warwick Area ("GWA") (the "GWA Farm-in").The GWA Farm-in opens…
3 September 2018
Seaway Heavy Lifting Awarded Triton Knoll Contract
Seaway Heavy Lifting, part of Subsea 7 Renewables & Heavy Lifting Business Unit, confirmed the award of the Triton Knoll contract.The sizeable(1) contract scope includes the transport and installation of 90 WTG foundations and two offshore substations and was awarded by Triton Knoll Offshore Windfarm Limited.Triton Knoll is a consented…
31 August 2018
Start-up of Aasta Hansteen
The Norwegian Petroleum Directorate has granted consent for start-up of the Aasta Hansteen facility in the Norwegian Sea. Operator Equinor plans to start production during the course of autumn 2018.Consent for start-up of Aasta Hansteen is granted to the licensees in production licences 218 and 218 B.Aasta Hansteen is located…
31 August 2018
New Eni Helicopter Contract in Effect in Hammerfest
On 1st of September a new contract takes effect between Eni Norge, in partnership with Equinor, and Bristow Norway AS for helicopter services in the Barents Sea.The contract includes, among other things, services related to crew changes and SAR (Search and Rescue) for both companies from their Hammerfest base. It…
31 August 2018
Prysmian Awarded Over €220M in New Cable Connections for Offshore Wind Farms in France
Prysmian Group, world leader in the energy and telecom cable systems industry, have secured three important projects to provide new cable connections for offshore wind farms in France.Eolien Maritime France (a joint venture between the French company EDF Energies Nouvelles and the Canadian company Enbridge) awards Prysmian with the design,…
31 August 2018
TDI-Brooks International, Inc. Begins Coring Program In Brazil For TGS
TDI-Brooks International, Inc (under contract to TGS), has deployed the R/V Proteus to Brazil to begin an offshore coring program with advanced geochemistry analysis. The program in Brazil follows the successful Gigante and Otos programs in 2016-2017 in the Gulf of Mexico.The multi-client program in Brazil will span over 4…
31 August 2018
JDR Cables Wins Multi-million Pound Contract for World's Biggest Offshore Wind Farm
JDR Cable Systems (JDR), owned by the TFKable Group, has won a multi-million pound contract to supply inter-array cables and termination work for Ørsted’s record-breaking offshore wind farm, Hornsea Project Two.When operational in 2022, the wind farm will supply clean electricity to over 1.3 million homes, and surpass its sister…
31 August 2018
Bibby HydroMap Successfully Completes Trials of DriX
UK-based survey specialist Bibby HydroMap have announced the successful completion of testing of ‘DriX’, the 8-metre Autonomous Unmanned Survey Vessel (AUSV) developed by iXblue.Designed to provide a true extension of survey capability from shallow and inshore waters to a full offshore environment, DriX is a new breed of AUSV that…
31 August 2018
Maersk Drilling Signs Two-year Multi-service Jack-up Contract with Aker BP
Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jack-up rig Maersk Reacher in the Norwegian part of the North Sea.Maersk Reacher will be deployed as an accommodation rig, with the option of repurposing the rig for plugging & abandonment for the…
31 August 2018
ExxonMobil Adds Ninth Discovery Offshore Guyana
ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.Hammerhead-1 encountered approximately 197 feet (60 meters) of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to…
31 August 2018
Panoro Energy Announces Oil Discovery at Dussafu, Offshore Gabon
Panoro Energy announced an oil discovery in the Ruche North East Marin-1 ("DRNEM-1") well drilled in the Dussafu Marin PSC, offshore Gabon. The DRNEM-1 well was drilled to identify additional oil resources in the pre-salt Gamba and Dentale Formations in the greater Ruche area, and completed within budget. These resources…
30 August 2018
Site Survey Operations for the Liberator Development and Liberator West Appraisal
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced that it has contracted Gardline Limited to conduct a site survey at its Liberator field. The survey will cover the two production well locations to be drilled during the Phase I development of…
30 August 2018
Schlumberger Introduces New MEMS Gyro Surveying Service
On 28 August 2018, Schlumberger introduced the GyroSphere* MEMS gyro-while-drilling service at Offshore Northern Seas (ONS). The GyroSphere service responds to the needs of E&P companies for a faster and more rugged, gyro-surveying while-drilling tool that increases drilling efficiency and reliability while reducing drilling risks.As the first application of microelectromechanical…
30 August 2018
The Republic of The Gambia Approves Farm-out to PETRONAS in Blocks A2 and A5
The Government of The Republic of The Gambia in West Africa has approved the assignment by FAR Gambia Ltd of a 40% interest in petroleum licences for offshore Blocks A2 and A5 in The Gambia to a subsidiary of Petroliam Nasional Berhad (“PETRONAS”).Under the terms of the farm-out agreement executed…
30 August 2018
BHGE Releases Field-proven Permanent Magnet Motor
Baker Hughes, a GE company announced the introduction of its Magnefficient™ permanent magnet motor (PMM), which enables operators to increase electrical submersible pumping (ESP) system efficiency, thereby lowering power requirements and overall lifting costs.Traditional ESP motor energy consumption accounts for up to 30% of ESP system efficiency losses. This is…