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22 August 2018
Samo-1 Well Location Finalised
FAR Limited has selected its final well location for the upcoming Samo-1 well in its Gambian exploration programme. Following reprocessing and interpretation of 3D seismic data, detailed mapping of the Samo Prospect and detailed well engineering, FAR Gambia Ltd, a wholly owned subsidiary of FAR Limited, as Operator of the…
22 August 2018
Panoro Energy Announces Second Quarter 2018 Results and Provides Operations and Corporate Updates
Panoro Energy announced the second quarter 2018 financial results and provided the following highlights:Dussafu - Second development well, DTM-3H, completed successfully - Ruche North East well spudded; results expected in September - FPSO Adolo has reached Gabon and is ready for installation and production start-up at Tortue field - On…
22 August 2018
Ophir's Proposed Acquisition of Certain Southeast Asian Producing and Exploration Assets from Santos Limited
On 3 May 2018 Ophir announced the proposed acquisition of a package of Southeast Asian assets from Santos Limited, an Australian listed oil and gas company, for an aggregate cash consideration of $205 million pre-working capital adjustments, subject to certain approvals.In connection with the Transaction, Ophir announced that at the…
22 August 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…
22 August 2018
GC Rieber Shipping: Shearwater GeoServices to Acquire Schlumberger Marine Seismic Acquisition Business, Forming Market Leading Geophysical Company
Shearwater GeoServices Holding AS, the 50/50 joint venture between GC Rieber Shipping ASA and Rasmussengruppen AS, announced that it has entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. Shearwater will operate the combined…
21 August 2018
Subsea UK Hosting Subsea Cables Conference
The subsea cable industry sector has seen significant growth in recent years as the offshore energy industry evolves and brings opportunity and technical challenge to the cable community. Offshore wind projects have increased in scale and are being developed in more extreme environments where deeper water, seabed conditions and weather…
21 August 2018
'Esvagt Corona' Extended on the Yme Field
ESVAGT will continue to be provider of guard vessel duty and standby preparedness on the Yme field in the Norwegian sector.Repsol Norway has chosen to extend its contract with the 'Esvagt Corona' to the end of August 2019. By then, the 'Esvagt Corona' will have been in service on the…
21 August 2018
Rolls-Royce Launches New Battery System for Ships
Rolls-Royce is launching a lithium-ion based energy storage system for ships. The gain for the ship owners is a clean, safe and cost-efficient complete system.Energy storage is a major green investment for a ship owner. Returns are maximised when the system is correctly dimensioned for the specific ship, and includes…
21 August 2018
Safe Boreas Contract Further Extended at Mariner
Equinor UK Limited has exercised the second of six one-month options to extend the charter of the Safe Boreas. The total value of the option is USD 6 million.In early August 2017, the Safe Boreas commenced a 13-month firm operational period at Mariner in the UK sector of the North…
21 August 2018
DOC Begins its Next Construction Supervision Job: Offshore Cable Laying at Trianel Windpark Borkum II
Starting at the end of August, Deutsche Offshore Consult GmbH (DOC) will commence construction supervision for the inner array cable installation at the North Sea wind farm Trianel Windpark Borkum II on behalf of Trianel Windkraftwerk Borkum II GmbH & Co. KG. Twelve to fourteen representatives with many years of…
21 August 2018
Oceaneering Announces Petrobras Drill Pipe Riser Systems Contract
Oceaneering International, Inc. announced that one of its wholly owned subsidiaries, Marine Production Systems do Brasil Ltda., has secured a four-year contract with a one-year optional extension period from Petróleo Brasileiro S.A. ("Petrobras") in Brazil. The contract will support intervention and completion operations in Brazil. Under the terms of the…
21 August 2018
Andalas Provides Results of Work Programme and Completion of Acquisition of Additional Interest
Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company, provides an update on its investment in Eagle Gas Limited. Eagle’s operating subsidiary Holywell Resources Limited (“Holywell” or “Operator”) now has the results of the 2018 seismic interpretation work programme on Southern North Sea Licence…
20 August 2018
Wood Awarded New Contract by Shell’s Upstream Unit in the Philippines
Wood has secured a new six-year contract with Shell to provide asset management services to the Malampaya deepwater gas-to-power project in the Philippines.Wood will provide maintenance services, modifications and shutdown support as part of the contract which covers Shell’s onshore facilities in Batangas and offshore assets in the Malampaya field,…
20 August 2018
Dorado Contingent Resources
Carnarvon Petroleum Limited has completed its assessment of the hydrocarbon volumes within the Dorado structure in WA-437-P and provided the following report as at 20 August 2018. Dorado Contingent Resources
20 August 2018
Azinor Catalyst Mobilises Transocean Leader to Drill Agar Plantain & Farms-down Interest to Faroe Petroleum
Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P company focused on the UK Continental Shelf, announced that the Transocean Leader drilling rig has come on contract for the Agar Plantain exploration and appraisal well and Faroe Petroleum PLC has farmed-into Agar Plantain subject to customary regulatory and joint venture party…
20 August 2018
MDL Delivers First LiveWire Spread
MDL has completed the first LiveWire system – an innovative solution for efficient wire rope inspection services and change-outs.Developed in a joint partnership between MDL and global mooring and subsea specialist Delmar Systems, LiveWire is designed to significantly cut costs associated with large wire rope maintenance and operations, particularly by…
20 August 2018
Consent for Use of Maersk Invincible in 2018-2019
Petroleum Safety Authority Norway have given Aker BP ASA consent to use the Maersk Invincible mobile drilling facility on the Valhall Flank North (VFN) and Valhall Flank South (VFS) fields.The consent applies to the use of Maersk Invincible for production drilling, well operations and as a flotel at VFN and…
20 August 2018
Consent for Use of Island Wellserver on the Maria Field
Petroleum Safety Authority Norway have given Wintershall Norge AS (Wintershall) consent to use Island Wellserver on the Maria field.The consent applies to light well intervention work on the Maria field for well 6406/3-H-3H, which is in production licences 475BS and 475CS in the Norwegian Sea.Island Wellserver was built in 2008…
20 August 2018
Tolmount Development Sanctioned
Premier announced that the development of its Tolmount Main gas field has been sanctioned by the joint venture and infrastructure partners.The Premier-operated Tolmount Main gas field, located in the Southern North Sea, is expected to produce around 500 Bcf of gas (96 mmboe) with peak production of up to 300…
20 August 2018
Harvey Appraisal Well Funding
Independent Oil and Gas plc, the development and production focused Oil and Gas Company, announced the proposed funding of its 100% owned and operated high-impact Harvey appraisal well and updates on preparations for spudding the well in Q4 2018.Highlights - Non-binding term sheet for a new non-convertible loan facility (“Harvey…
20 August 2018
Boskalis to Provide Cable Integrity Solutions to all Transmission Capital Partners’ OFTOs
Boskalis Subsea Cables & Flexibles – formerly VBMS – has signed a five-year subsea cable repair framework agreement with Transmission Capital Partners (TCP), which operates and maintains the transmission links as the Offshore Transmission Owner (OFTO) between the UK’s onshore grid and the Barrow, Gunfleet Sands, Ormonde, Robin Rigg, Lincs…
20 August 2018
ConocoPhillips Viking Decommissioning Programmes: VDP3
This document contains two decommissioning programmes; - the first is for the Victor Installation and the second is for the associated Pipelines.The Victor facilities to be decommissioned consist of: - Platform Installations Victor JD - Subsurface Installation Victor JM - Victor JM subsea pigging skid - Inter-field pipelinesViking Decommissioning Programmes:…
20 August 2018
ConocoPhillips Viking Decommissioning Programmes: VDP2
This document contains four decommissioning programmes - the Viking Installations, associated Viking pipelines including subsea tees, Vixen installation covering the subsea manifold and associated Vixen pipelines.The Viking and Vixen facilities to be decommissioned consist of: - 7 Viking Surface Installations KD, LD, AR, BA, BC, BP and BD - 1…
20 August 2018
Ocean Power Technologies Signs Agreement With Enel Green Power
Ocean Power Technologies, Inc. a leader in innovative ocean energy solutions, announced that the Company signed an agreement with Enel Green Power S.p.A. (EGP), a subsidiary of Enel Group which is a multinational energy company and one of the world’s leading integrated electricity and gas operators. Under the terms of…
20 August 2018
AGR Part of the Buzzard Phase II Development Team
AGR is delighted to be working alongside other global industry leaders as a key member of the alliance tasked with developing Phase II of the one of the largest UK North Sea oil discoveries.The project has received full sanction from its partners Suncor Energy UK Limited, Chrysaor Limited, Dyas EOG…
20 August 2018
Etinde Operational Update: Preliminary Result of IM-6 Well, Etinde, Cameroon
Preliminary Result of IM-6 well, Etinde, CameroonBowleven, the Africa focused oil and gas company traded on AIM, announced the completion of drilling of the IM-6 appraisal well at the Etinde block, Cameroon, to a total depth of 3,550 meters by the block's operator, New Age Cameroon Offshore Petroleum SA ("NewAge").The…
20 August 2018
Seabed Geosolutions Secures Continuity in Deepwater Gulf of Mexico
Seabed Geosolutions has secured an extension to recently awarded 4D ocean bottom node (OBN) seismic monitoring surveys over multiple oil and gas fields in the U.S. Gulf of Mexico.As planned, Seabed Geosolutions recently started with the original workscope. The additional surveys will increase the total duration to around five months.…
20 August 2018
Wood Launches New Phase of Subsea Integrity Management Industry Network
Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, PETRONAS, Shell, Suncor, Total and Woodside.Led by Wood and established in 2014, the network facilitates…
20 August 2018
Nordic American Offshore Ltd. – Employment in West Africa
Nordic American Offshore advised that a firm contract of close to 3-months has been arranged for a NAO platform supply vessel in West Africa. The supply vessel shall serve a Scandinavian owned drilling rig. This is the first time Nordic American Offshore have secured NAO employment outside the North Sea.…
20 August 2018
Pandion Acquires 10 percent of PL 820S from Wintershall
Pandion Energy AS has entered into an agreement with Wintershall Norge AS to acquire a 10 percent interest in PL 820S in the Norwegian North Sea. The license is located in blocks 25/7 & 8, north-northwest of the Balder and Ringhorne fields.PL 820S was awarded in the 2015 APA round…
20 August 2018
U.S. Interior Announces Results of Gulf of Mexico Region-Wide Oil and Gas Lease
In support of President Donald J. Trump's America-First Offshore Energy Strategy, Deputy Secretary of the Interior David Bernhardt announced that region-wide Gulf of Mexico Lease Sale 251 generated $178,069,406 in high bids for 144 tracts covering 801,288 acres in federal waters of the Gulf of Mexico. A total of 29…
20 August 2018
Birkhead Oil Discovery on the Cooper Basin Western Flank
Senex Energy Limited announced a Cooper Basin oil discovery from the first well of its FY19 drilling campaign, Breguet-1.The Breguet-1 oil exploration well is located in ex PEL 104 (Senex 60% and operator, Beach Energy 40%), approximately 1.6 kilometres west of the producing Spitfire oil field. The well was identified…
20 August 2018
Independent Certification of Reserves and Resources in Israel
Energean Oil and Gas plc, the independent oil and gas exploration and production company focused on the Eastern Mediterranean, announced that it has received an updated independent Competent Persons Report from Netherland Sewell & Associates (“NSAI”) for its Israeli portfolio. The updated CPR includes the certification of 63 bcm (2.2…
20 August 2018
IMCA Issues Reactivation of DP Vessels After Layup Information Note
- Focused information note produced for professionals charged with reactivation- Reactivated DP vessels can enter service in better condition than pre-layupFollowing a period of improving industry metrics during 2017, the International Marine Contractors Association (IMCA) has recognised that member companies could now consider reactivating their owned and managed DP vessels…
20 August 2018
Delineation of the 15/3-4 (Sigrun) Oil and Gas Discovery near the Gudrun Field in the North Sea – 15/3-11
Equinor Energy AS, operator of production licence 025, has concluded the drilling of appraisal well 15/3-11 on the 15/3-4 (Sigrun) oil and gas discovery.The well was drilled about 10 km southeast of the Gudrun field in the North Sea, and about 225 km west of Stavanger.The objective of the well…
15 August 2018
All Permits Necessary for Construction of the Nord Stream 2 Pipeline in Russia Received
- Russia's Federal Agency for the Supervision of Natural Resources Use grants Nord Stream 2 an offshore pipelay permit - Scheduled works in Russia in line with the received permit are to be launched in 2018 as plannedNord Stream 2 AG, the developer of a pipeline to supply Russian natural…
15 August 2018
ExxonMobil Farms in to PEL 44, Offshore Namibia
Azinam Limited, the Seacrest Capital Group-backed Namibian explorer, announced that ExxonMobil Namibia (PEL44) Limited, an affiliate of Exxon Mobil Corporation, has entered into an agreement with Azinam to acquire a 30% interest in Petroleum Exploration Licence (“PEL”) 44, offshore Namibia. The acquisition is subject to government approval and other conditions.Azinam…
15 August 2018
Completion of Beehive 3D Seismic Survey Including Extension for New Lead
Highlights: - Beehive 3D Seismic Survey has been completed safely and without incident - Beehive 3D Seismic Survey was extended by ~15% to cover an additional lead (Egret) at no cost to Melbana - Option to drill exercisable by Total and/or Santos within 6 months of receipt of processed seismic…
15 August 2018
Eni Granted New Exploration License Offshore Egypt
Eni announced that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval by Egyptian authorities.The exploration license, named “Nour”, is located approximately 50 km offshore in the Eastern Mediterranean, in water depth ranging from…
15 August 2018
Eni: Lease Extension for Key Assets in Egypt Nile Delta and in the Western Desert
Eni announced that Egyptian Authorities have authorized a new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi West Development Lease (203 km2), where the Nooros field is located, and the execution of further exploration activities within El Qar’a Exploration Lease (64 km2). These assets are located…
15 August 2018
Equinor has Received Consent for Exploration Drilling in the North Sea
Equinor is the operator for production licence 248C. Petroleum Safety Authority Norway have given the company consent to drill exploration well 35/11-22 S, which aims to investigate a prospect named Bergand.The well is in the North Sea, around 63 kilometres from the nearest land which is Utvær, in Solund municipality…
15 August 2018
Wintershall has Received Consent for Exploration Drilling in the Norwegian Sea
Wintershall is the operator of production licence 847. Petroleum Safety Authority Norway have now given the company consent to drill exploration well 6706/6-2, which aims to investigate a prospect named Marisko.The well is in the Norwegian Sea and the drill site’s coordinates will be:67° 37' 20.60"N06° 45' 57.57"EDrilling is scheduled…
15 August 2018
Consent for Use of Rowan Stavanger
Petroleum Safety Authority Norway have given Repsol Norge AS (Repsol) consent to use the Rowan Stavanger mobile drilling facility in the North Sea.The consent applies to accommodation and well maintenance on the Yme field.The drilling operation will begin in September 2018.Rowan Stavanger is a jack-up facility of the KFELS N…
14 August 2018
PETRONAS Acquires 30% Equity in Senegal's Rufisque Offshore Profound Exploration Block
PETRONAS through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, to acquire a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du…
14 August 2018
Infinity Awarded Contract for Seagull Development
Infinity has been awarded a substantial contract for the Seagull development, a subsea tie-back to a third-party platform. The project will see Infinity support the pre-FEED & FEED providing production assurance, pipeline integrity engineering and subsea technical assurance on behalf of Apache. It was announced that Neptune Energy has acquired…
14 August 2018
IMR Contract to IKM Subsea
Subsea Inspection and Light Intervention contract award from Aker BP to IKM Subsea.Aker BP has awarded IKM Subsea an ad-hoc call of agreement for light IMR services on the Norwegian continental shelf. The duration of the contract is 3 years with additional 6 years of options. IKM Subsea will provide…
14 August 2018
Oceaneering Announces Equinor Contract Award for E-ROV Services
Oceaneering International, Inc. announced that one of its wholly owned subsidiaries has entered into a contract with Equinor ASA for a three-year term with two one-year optional extension periods to provide a resident, battery-powered electric remotely operated vehicle ("E-ROV") system to support subsea inspection, maintenance and repair activities. The E-ROV…
14 August 2018
Rowan Announces Contract with Cantium for the Rowan EXL III
Rowan Companies plc announced that the Rowan EXL III, an EXL Class high specification jack-up rig, has been awarded a six-month contract from Cantium in the U.S. Gulf of Mexico. The contract is expected to commence in early November 2018. The EXL III is currently under contract with Cantium in…
14 August 2018
Neptune Energy Group Agrees to Acquire UK Central North Sea Assets
Neptune Energy Group announced that it has entered into a Sale and Purchase Agreement to acquire certain development and exploration assets in the UK Central North Sea from Apache North Sea Limited (“ANSL”), a wholly owned subsidiary of Apache Corporation.Neptune will acquire Apache’s 35% working interest in the Seagull development…
14 August 2018
GulfSlope Energy Spuds Canoe Prospect
GulfSlope Energy, Inc. announced that last week it commenced drilling of the Canoe Prospect No.1 well located in the Vermilion Area, South Addition Block 378 with the Rowan Ralph Coffman jack-up rig.Located in 325 feet of water, drilling operations for the Canoe exploration well are expected to take approximately 15…