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26 July 2018
Contracts for Solstad Farstad's Nor Australis and Normand Pacific
Solstad Farstad ASA has entered into a contract with Magseis ASA for the CSV "Nor Australis" for operations in South East Asia using proprietary MASS nodes. The project includes several major oil companies as end clients.The contract will commence in Q3 2018 and last for approximately three months.Furthermore, SolstadFarstad announced…
26 July 2018
Manora Exploration Potential
Tap Oil Limited recently engaged Perth based consulting group Discover Geoscience (Discover) to undertake an evaluation of the area surrounding the Manora Oil Field within the G1/48 concession, with a particular focus on identifying new exploration opportunities.This engagement with Discover is part of a strategic initiative by Tap Oil to…
26 July 2018
TechnipFMC Awarded Subsea Contract in Australia
TechnipFMC has been awarded a subsea installation contract by Chevron Australia, for the Gorgon Stage Two development, located offshore Western Australia in water depths ranging from 250 to 1,340 meters.The contract covers the project management and engineering, transportation, installation and pre-commissioning of umbilicals and flying leads as well as manifolds.…
26 July 2018
Vessel “Castoro 10” Starts Preparatory Works
The offshore installation barge “Castoro 10” (C10) has started preparatory works for future pipelaying for the Nord Stream 2 project today.The C10 assumed its starting position with the help of its eight anchors in the shallow waters of Lubmin. During operations, pipe segments are welded together on board the vessel…
26 July 2018
GSP Commences Works on Epsilon Field Development Project
On the 17th of July, GSP Jupiter, jack-up drilling rig has been moved in drilling position using AHTS GSP Queen. The rig has been jacked-up to the drilling level, the cantilever has been skidded out, and the survey and diving equipment has been prepared for installation of the permanent Drilling…
26 July 2018
Petsec Energy Announces Contracting of Drilling Rig for Main Pass 270 B-2 Appraisal/Development Well on the Hummer Gas/Oil Field Gulf of Mexico, USA
Petsec Energy advised that the operator has contracted the Ensco 68 Jackup drilling rig to drill the Main Pass Block 270 B-2 appraisal/development well. The rig is expected to be on site late in the first week of August, with the well spud by mid-August 2018.This is the second well…
25 July 2018
Keppel Offshore & Marine Secures Contracts for About S$70 million
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries secured two contracts with a combined value of about S$70 million.In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by its long-standing customer, MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc.…
25 July 2018
Damen Shipyards Group Assumes Operational Control at Mangalia Shipyard
To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen held a modest ceremony at the yard on Monday, July 23rd. The celebrations mark Damen’s successful completion of the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for the Mangalia shipyard, formerly known as Daewoo Mangalia…
25 July 2018
Marine Energy Wales has Appointed RPS to Provide Environmental Support for the Marine Energy Test Area (META) Project in the Milford Haven Waterway
META will see the creation of a series of pre-consented, non-grid connected areas suitable for a range of component, sub assembly and marine energy device tests. The £1.9 million project, which is being supported by EU and Welsh Government funds along with the Coastal Communities Fund and the Swansea Bay…
25 July 2018
Andalas Energy and Power Plc - Acquisition of Additional Interest in Eagle Gas Limited
Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company, announced it has increased its interest in Eagle Gas Limited to 25% by subscribing for additional shares. The acquisition increases Andalas’ exposure to Southern North Sea Licence P2112 which contains a large undrilled gas prospect…
25 July 2018
BP, Eni and Shell are Best-in-class Amongst the Majors
Investors should feel confident about BP’s, Eni’s and Shell’s increased wave of new project approvals during the recent downturn. A Rystad Energy review of the performance of their recent projects against those of other operators shows that the three European oil giants have outperformed their peers.For projects that have started…
25 July 2018
BP has recommenced Drilling Operations at its Aspy D-11 Well Location Aboard the West Aquarius
BP has recommenced drilling operations upon receiving authorization from the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) to resume drilling operations at its Aspy D-11 well location aboard the West Aquarius. On June 22, a remotely-operated vehicle inspection discovered a leak about 30 meters below the water surface. Drilling operations were…
25 July 2018
Pipeline Bundle Decommissioning Opportunity
Scottish supply chain companies are invited to propose solutions for the decommissioning of offshore pipeline bundles as part of a programme jointly developed by private sector economic development company Opportunity North East (ONE) and Scottish Enterprise (SE).ONE and SE are partnering to support Scottish oil and gas supply chain SMEs…
25 July 2018
Dry Well Near the 35/12-2 (Grosbeak) Oil and Gas Discovery in the North Sea – 35/12-7
Wellesley Petroleum AS, operator of production licence 925, is in the process of completing the drilling of wildcat well 35/12-7 in the North Sea.The well was drilled about 2 km south of the 35/12-2 (Grosbeak) oil and gas discovery in the northern part of the North Sea, and 80 km…
24 July 2018
Contracts Awarded for Riser System Material Supply
INCUS INVESTOR ASA has been awarded contracts to deliver machined and welded riser forgings through its subsidiary Scana Subsea AB. The high tensile forgings are intended for the Gulf of Mexico. The total value is approx. 25 MSEK. The scope includes forging and machining of riser joints in low alloyed…
24 July 2018
Havila Shipping ASA: Contract with Reach Subsea for the Subsea Vessel Havila Harmony
Havila Shipping and Reach Subsea will enter into a contract for the subsea vessel Havila Harmony for a period of three years with two optional years.The contract secures work for minimum period per year and the owner and charterer will market the vessel to secure highest possible utilization.Havila Harmony is…
24 July 2018
Start of Nearshore Works for TurkStream
On Sunday 22 July, nearshore works started for the TurkStream Offshore Gas Pipeline near the Turkish town of Kiyiköy. The nearshore component in Turkey involves constructing seabed trenches for around 2.4 kilometers length from the shoreline into the sea in order to bury the pipes for protection against wave action…
24 July 2018
Dorado-1 Uncovers More Oil & Gas
Carnarvon Petroleum Limited confirms that the Quadrant-Carnarvon Joint Venture have completed additional wireline evaluation since the last update. The results have confirmed the oil discovery in the Caley Member and have confirmed the presence of gas and condensate in the top of the Baxter Member that was drilled into to…
24 July 2018
Beehive 3D Seismic Survey Commences
Melbana Energy Limited advised that acquisition of the Beehive 3D Seismic Survey has commenced.The Beehive 3D Seismic Survey is being acquired by Polarcus using their vessel Polarcus Naila and will acquire approximately 600km2 ofseismic data over the Beehive Prospect in the Joseph Bonaparte Gulf, 225 km southwest of Darwin.The Beehive…
24 July 2018
Fairfield Geotechnologies Awarded Z700® Project in the Middle East
Fairfield Geotechnololgies will begin an extensive Z700 acquisition project in the Gulf, beginning December 2018. The nearly eight-month project in the Middle East is a significant 4D opportunity for Fairfield Geotechnologies.Fairfield Geotechnologies’ Z700 data acquisition system is designed to meet the challenging HSE and acquisition requirements of this project. Z700’s…
24 July 2018
Chariot Oil & Gas Limited: Mauritanian New Venture Back-in Option with Shell in Block C-19
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, announced that, through its wholly owned subsidiary Chariot Oil & Gas Investments (Mauritania) Limited, it has secured an option to back-in for between 10% to 20% equity in the C-19 block in Mauritania that has recently…
24 July 2018
Shell Secures Exploration Acreage Offshore Mauritania
Shell Exploration and Production Mauritania (C-10) B.V. and Shell Exploration and Production Mauritania (C-19) B.V. (“Shell”) signed two Production Sharing Contracts with the government of Mauritania for the exploration and potential future production of hydrocarbons in the offshore blocks C-10 and C-19.Following the customary government approvals of the contracts, Shell…
24 July 2018
ExxonMobil Increases Estimate for Guyana’s Stabroek Block to 4 Billion Barrels
- Evaluation supports third phase of development; additional two phases under consideration with potential to produce over 750,000 barrels per day - Success in upstream projects increases confidence in earnings growth plans - High quality resource and project execution excellence provides value to resource owners, partners and shareholdersExxonMobil said it…
23 July 2018
Van Oord to Install Innovative Suction Bucket Foundations at Deutsche Bucht Offshore Wind Farm
Financial close has been reached for two pilot wind turbines at the Deutsche Bucht Offshore Wind Farm. The project will test Mono Buckets, a new type of foundation structure, equipped with a 8.4 MW turbine. In addition to its Balance of Plant contract for the wind farm, Van Oord will…
23 July 2018
"HAKURYU-11" Started its Drilling Operation Offshore Vietnam
The jack-up rig "HAKURYU-11" has started the drilling operation based on the contract with Hoang Long Joint Operating Company and Hoan Vu Joint Operating Company on June 19 at offshore Vung Tau, Socialist Republic of Vietnam.
23 July 2018
Spectrum ASA Announces New Brazil Santos 3D Multi-Client Seismic Campaign
Spectrum has commenced a 10,000 square kilometre 3D Multi-Client seismic project over the Southern Santos Basin in Brazil. This survey covers an area south of the major oil and gas discoveries in the Santos Basin and the recent highly sought after blocks offered in Rounds 2, 3, 4 and 15.…
23 July 2018
Tyne Gas Field (License Block 44/18a) Installation Decommissioning Programme
Perenco UK Limited has submitted, for the consideration of the Secretary of State for Business, Energy and Industrial Strategy, a draft Decommissioning Programme for the Tyne Gas Field Normally Unattended Installation (NUI) in accordance with the provisions of the Petroleum Act 1998. It is a requirement of the Act that…
23 July 2018
LUKOIL Takes FID on the Rakushechnoye Field
"LUKOIL" took the final investment decision on the Rakushechnoye field development project in the Caspian Sea.The field infrastructure under the taken decision includes a fixed offshore ice-resistant platform, a living quarters platform, a crossover bridge, as well as subsea interfield pipelines and cable lines for the connection with the second…
23 July 2018
Sale of Concessions in the Deepwater Sergipe Basin: Start of the Binding Phase
Petrobras, further to the material fact of 23rd May 2018, informs the beginning of the binding phase related to the partial sale, without transfer of operatorship, of its exploration, development and production rights in four concessions, BM-SEAL-4, BM-SEAL-4A, BM-SEAL-10 e BM-SEAL-11, located in the Deepwater Sergipe-Alagoas Basin.At this stage of…
23 July 2018
First Turbine Installed at Vattenfall’s Offshore Wind Farm Horns Rev 3
The first turbine at Vattenfall’s offshore wind farm Horns Rev 3 has been installed in the North Sea off the west coast of Denmark. The wind farm will increase Danish annual electricity production from wind by about 12 per cent and cover the consumption of approximately 425,000 Danish households.Thursday evening…
23 July 2018
Consent for Disposal - Huldra
Equinor has applied to the Petroleum Safety Authority Norway (PSA) for consent to dispose of the Huldra facility. PSA have now given the company consent for this.The consent, with reference to Section 25 (4) d of the Management Regulations, is granted on the basis of documentation submitted in connection with…
23 July 2018
Consent for Use of Subsea Production Facility - Visund
The Visund field is in the northern North Sea, north-east of Gullfaks. Production began in 1999. The field has been developed by means of a semi-submersible integrated quarters, drilling and processing facility (Visund A) and well templates for seabed production.Equinor and the other Visund licensees are now extending the field…
23 July 2018
Safe Boreas Contract Extended by 1 Month at Mariner
Equinor UK Limited (formerly Statoil (UK) Limited) has exercised the first 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…
23 July 2018
ADNOC Awards Contracts to CNPC Affiliate for World’s Largest Combined Onshore and Offshore 3D Seismic Survey to Find New Oil and Gas Reserves
The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues to identify and unlock new opportunities and maximize value from its hydrocarbon…
23 July 2018
TSE Petrofac JV Secures PMC Services Contract in Turkey
Petrofac, in a joint venture (JV) with Turkish Standards Institution (TSE), has secured a three-year multi-million dollar Project Management Consultancy (PMC) services contract in support of the BOTAŞ North Marmara Underground Gas Storage Expansion Project (Phase III) in Turkey.The existing facility, located approximately 60 kilometres west of Istanbul, has been…
23 July 2018
Talos Energy Announces Early Production Start of Mt. Providence Well Near the Top of Production Guidance Range
Talos Energy Inc. announced that the Mt. Providence well began producing on July 10, 2018, approximately 60 days ahead of the originally scheduled completion date in early September. Current gross production of 3,850 barrels of oil equivalent per day ("Boe/d"), which is near the top of the previously announced guidance…
23 July 2018
Large Number of Seabed Pockmarks Imaged on Newgrange Site Survey Data
SOSINA Exploration Company provided an update on Frontier Exploration Licence (“FEL”) 6/14 that contains the Newgrange Prospect. FEL 6/14 is operated by Providence Resources P.l.c., on behalf of SOSINA, collectively referred to as the Newgrange Partners, and is situated in c. 1,000 m water depth being c. 260 km off…
23 July 2018
Providence Resources P.l.c. Provides Technical Update Regarding Frontier Exploration Licence 3/04
Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company, provided a technical update regarding Frontier Exploration Licence (“FEL”) 3/04 located in the southern Porcupine Basin. FEL 3/04 is operated by Eni Ireland BV (36.913%) on behalf of its partners, Repsol Exploracion Irlanda SA (33.557%), Providence Resources P.l.c. (26.846%)…
19 July 2018
‘Facility of the Future’ Initiative to Transform Oil and Gas Developments
On 18th July, the Oil & Gas Technology Centre launched an industry-backed ‘Facility of the Future’ initiative that could halve the cost of developing and operating an oil and gas facility and help unlock more than 3.5 billion barrels of reserves in marginal discoveries on the UK Continental Shelf (UKCS).…
19 July 2018
C-Kore Subsea Testing Units Successfully Deployed by PTTEP
C-Kore Systems Ltd recently completed another successful deployment for PTTEP Australasia. The supplied C-Kore Subsea Testing units optimized the offshore operation, quickly bringing the field back on-line.C-Kore’s Subsea Testing tools are used to monitor the health of electrical systems by measuring the insulation resistance and continuity directly onto assets subsea.…
19 July 2018
M² Subsea Secures Contract with Premier Oil
M2 Subsea has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).The Balmoral is a purpose built semi-submersible FPV which is situated in the Balmoral field, block 16/21a and 16/21b of the central North Sea.M2 Subsea will carry out an annual inspection of the…
19 July 2018
Barakah Offshore Petroleum Berhad Receives Letter of Contract Extension
Barakah Offshore Petroleum Berhad announced that its wholly-owned subsidiary company, PBJV Group Sdn. Bhd. ("PBJV"), has received a conditional contract extension from PETRONAS for the provision of transportation and installation of offshore facilities, via a letter of contract extension dated 16 April 2018. The Umbrella Contract, which is due to…
19 July 2018
GE Renewable Energy Acquires WMC Wind Turbine Blade Test Centre in Wieringerwerf, Netherlands
GE Renewable Energy Business, LM Wind Power announced the planned acquisition of the WMC test facilities in Wieringerwerf, Netherlands. The transaction is expected to close within a few weeks' time subject to certain pre-completion conditions.The facility will provide rotor hub testing for new GE turbines and also continue to offer…
19 July 2018
Equinor Receives Consent to Use Power from Onshore Facility – Johan Sverdrup
Petroleum Safety Authority Norway have given Equinor Energy consent to use a facility to supply power from onshore to the Johan Sverdrup field.Equinor is the operator of the Johan Sverdrup field, which is in the North Sea around 155 kilometres west of Karmøy in Rogaland county. The field is in…
19 July 2018
Mermaid Maritime Wins Subsea Services Contract in its Middle East Flagship Market
Mermaid Maritime Public Company Limited announced that its Middle East business unit has been awarded a subsea services contract in a Gulf Cooperation Council (GCC) country with an initial contract value of USD 16 million.The contract award, with work scheduled to be performed in the Arabian Gulf during the course…
18 July 2018
New Contracts and Contract Extensions for Solstad Farstad ASA
Solstad Farstad ASA announced new awarded contracts and contract extensions for six vessels.BP Egypt has declared the one-year option on the PSV Sea Swift resulting in continuous utilization of the vessel through to August 2019.Equinor Brasil has extended present contracts for the PSV's Far Scotsman and Far Serenade with 3…
18 July 2018
Prosafe Awarded Important Contract in Brazil
Prosafe has been awarded a contract by MODEC Serviços de Petróleo do Brasil Ltda (“MODEC”) for the provision of the Safe Concordia semi-submersible accommodation vessel to support specific MODEC FPSO operations in Brazil.The firm duration of the contract commencing September 2018 is 200 days with a 15 day option.The contract…
18 July 2018
Dorado-1 Oil Discovery
Carnarvon Petroleum Limited confirms that the QuadrantCarnarvon Joint Venture has made a significant oil discovery in the Caley Member as part of the current Dorado-1 well drilling campaign. Light oil has been recovered from excellent reservoir containing a gross hydrocarbon package of 96.1 metres and a net pay thickness of…
18 July 2018
Lamprell Trading Update
Lamprell announced the following update on its performance in the year to date.Operational updateLamprell have made good progress on the East Anglia One offshore windfarm project (EA1 Project) with costs trending within their previous guidance. Earlier this week the last remaining fully-assembled jackets were loaded out from our yards in…
18 July 2018
Transocean Ltd. Announces 11-Well Contract for GSF Development Driller I
Transocean Ltd. announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing offshore Australia in the first half of 2019 with Chevron Australia. The estimated firm contract backlog, excluding integrated services, is approximately $158 million. Additionally, the contract includes four one-well options.