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19 April 2018
Jumbo Names New Offshore Vessel Stella Synergy
Jumbo announced the winner of their competition to name their new DP2 Heavy Lift Crane Vessel (HLCV) to be delivered in the first quarter of 2020. Last month they launched an internal naming competition so that all Jumbo employees from around the world could submit up to three vessel name…
19 April 2018
Statoil Awarding Billion NOK Contract for Njord Bravo FSO
Statoil is awarding, on behalf of the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the Norwegian Sea. The contract value is around NOK 1.3 billion.The storage vessel will be prepared for extended operation of the Njord and Hyme…
18 April 2018
Seacroft Marine Reports Over £500,000 in New Contracts, as Market Improves.
Noting a significant upturn in marine activity supporting the UKCS oil and gas sector, Aberdeen-based Seacroft Marine Consultants Limited has reported more than £500,000 in new contracts won in the first 3 months of 2018.In the most recent award, Seacroft has been contracted to deliver its SafeZone® 500 training programme…
18 April 2018
Louis Dreyfus Armateurs and Ørsted Reinforce Their Partnership in the Renewable Energy Sector
The LOUIS DREYFUS ARMATEURS Group (LDA) and Ørsted, the Danish global leader in renewables, reinforce their 2017 partnership with the order of a second Service Operation Vessel (SOV) dedicated to Hornsea Project Two offshore windfarm off the English coast.As sister vessel of the « WIND OF CHANGE », the first…
18 April 2018
CHC Norway Wins Contract Extension with Aker BP
CHC Group announced it has signed a two-year contract extension with Aker BP to support their infield shuttle at the greater Valhall field in the Norwegian North Sea.The contract will run until September 2021. CHC will provide two AS332L aircraft for this operation. One will be located offshore on the…
18 April 2018
ODE Appointed Pipeline Operator for IOG Blythe & Vulcan Satellites Hub Developments
International engineering and operations support services contractor ODE, an integral part of the DORIS Group, has been awarded a contract to act as Pipeline Operator on behalf of Independent Oil and Gas Plc (IOG) for the Thames Pipeline that will serve the Blythe Hub and Vulcan Satellites Hub Developments.IOG announced…
18 April 2018
Black Platinum Energy Ltd Announces Preparation of the Dara East Gas Field Preliminary Plan of Development in the North Sokang PSC
Following Black Platinum Energy Ltd’s announcement of a significant increase in the discovered Dara East Gas Field P50 GIIP volume to 1,495 Bscf, the Company has completed a Preliminary Plan of Development (“PPoD”) by LR Senergy for the Dara East Gas Field located in the East Natuna Sea.The Dara East…
18 April 2018
Diamond Offshore Launches Sim-Stack - The Industry's First Cybernetic BOP Service
Diamond Offshore Drilling, Inc. announced the launch of its Sim-Stack service, the offshore drilling industry's first cybernetic BOP service enabling Diamond Offshore to continuously and accurately assess BOP status. When issues arise, the Sim-Stack service immediately determines a proper course of action while providing a third party Statement of Fact…
18 April 2018
Osbit Secures Major DeepOcean Plough Upgrade to Support Subsea Gas Pipeline Project
Osbit Ltd, the offshore engineering and technology company, has secured a project with DeepOcean to deliver a significant upgrade to a subsea plough, enhancing its capabilities for the installation of a new gas pipeline.DeepOcean’s Advanced Multi-Pass Plough (AMP500) will be deployed to the Baltic Sea for the construction of the…
18 April 2018
BiFab Agreement Reached
New investment has been secured for fabrication firm BiFab and its yards at Methil and Burntisland in Fife and Arnish in the Western Isles, First Minister Nicola Sturgeon has announced.Canadian company JV Driver, through its subsidiary DF Barnes, has acquired BiFab as part of an agreement brokered by the Scottish…
17 April 2018
Proserv Secures Multi-million Repsol Contract
Energy services company Proserv has secured a contract worth over $5.5million (45million Norwegian Kroner) with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea.The award scope initially covers the refurbishment and upgrade of the existing subsea control system. Using…
17 April 2018
KCA Deutag Awarded Ringhorne Platform Drilling Operations and Maintenance Contract
Global drilling and engineering contractor KCA Deutag today announces that its Norwegian operation, KCA Deutag Drilling Norge AS, has been granted an extension to its current drilling contract on the Ringhorne platform by operator Point Resources AS. The contract extension is for the provision of drilling operations and maintenance services…
17 April 2018
Kongsberg Digital: OutSmart BV and Kongsberg Join Forces to Deliver Wind Farm Management and Efficiency Gains
Independent wind asset operations management specialist OutSmart BV has selected Kongsberg Digital AS to provide an integrated management system on the innovative Kognifai digital platform and ecosystem. The sophisticated digital solution will be used to manage OutSmart’s extensive onshore and offshore wind turbine portfolio. OutSmart provides services to wind farm…
17 April 2018
Seabed Geosolutions Secures 3D OBS Survey Contract in the Middle East
Seabed Geosolutions has received a contract award for an ocean bottom seismic project in the Middle East. The survey to acquire high quality 3D seismic data, which has a contract value of around US$25 million, is planned to commence in the fourth quarter of 2018.Seabed Geosolutions is a joint venture…
17 April 2018
Lankhorst Delivers Shell Appomattox Deepwater Mooring Ropes
Lankhorst Euronete Portugal (LEP) has completed the engineering, design, fabrication and delivery of the deepwater mooring rope for the Shell Appomattox project. At over 63,000m, it is the longest ever rope meterage for a single deepwater mooring contract.The Shell Appomattox facility will be a four-column semi-submersible production platform moored using…
17 April 2018
Aker BP Partners with GCE Subsea
– "Aker BP is one of the most innovative, capable and competent oil and gas companies operating in Norway. They will strengthen the technical subsea competence in the cluster, and it is our great pleasure, to announce our partnership", says Owe Hagesæther, CEO of GCE Subsea.– "Aker BP values the…
17 April 2018
PEP11 2D Seismic Survey Commenced
MEC Resources Ltd provided an update on the PEP11 2D seismic exploration survey offshore New South Wales.The Company’s investee Advent Energy Ltd holds an 85% interest in PEP11 through wholly owned subsidiary Asset Energy Pty Ltd.A 2-dimensional seismic survey of approximately 200 line km is now occurring offshore Newcastle and…
17 April 2018
Completion of Thames Pipeline Acquisition and Operational Update
Independent Oil and Gas plc, the development and production focused Oil and Gas Company, announced that it has now completed the acquisition of the Thames pipeline.Pipeline Acquisition - Pipeline acquired from Perenco UK Limited, Tullow Oil SK Limited and Spirit Energy Resources Limited. - Recommissioning of the pipeline is an…
17 April 2018
Phoenix South-3 – Drilling Commenced
Carnarvon Petroleum Limited provided the following update on the commencement of drilling at the Phoenix South-3 well as advised by the operator, Quadrant Energy.ProgressSince arriving on site, the rig successfully completed the ‘ready to operate’ process and has finished drilling the 42” hole in preparation to run surface casing.Forward PlanThe…
17 April 2018
Dry Well Southwest of the Knarr Field in the North Sea – 34/2-5 S
Aker BP ASA, operator of production licence 790, has concluded the drilling of wildcat well 34/2-5 S. The well is dry.The well was drilled about 6 km southwest of the Knarr field and 20 km north of the Visund field.The primary exploration targets for wildcat well 34/2-5 S were to…
16 April 2018
Transborders Energy Announces Joint Study Agreement with Major Asian LNG Buyer
Transborders Energy Pty Ltd announced it has signed a Joint Study Agreement with a major Asian LNG Buyer to work together on the development of Transborders’ Generic Floating LNG (FLNG) Solution.The Joint Study allows Transborders to enhance the technical and commercial deploy-ability of Transborders’ Generic FLNG Solution for a range…
16 April 2018
Statoil Awards a Conditional Letter of Intent to Odfjell Drilling
Odfjell Drilling announced that Statoil has awarded a conditional Letter of Intent (LOI) for a drilling contract for Deepsea Atlantic for 6 firm wells with an estimated total duration of 18 months, scheduled to commence in early first quarter 2019.The contract contains the option to continue operations for Statoil after…
16 April 2018
TechnipFMC Awarded Contract for Tortue/Ahmeyim Development FPSO
TechnipFMC has been awarded a front-end engineering design (FEED) contract by BP for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim Field Development, a major LNG (liquefied natural gas) project located offshore on the maritime border of Mauritania and Senegal.The agreement between the two companies provides a…
16 April 2018
BSEE Approves Arctic Offshore Suspension Requests for Alaska Native Corporation
The Bureau of Safety and Environmental Enforcement (BSEE) approved suspensions of operations Tuesday in response to requests from the Arctic Slope Regional Corporation Exploration, LLC (AEX) related to AEX’s 20-lease Taktuk Unit, and one additional lease, in the Beaufort Sea.The leases, which are located in the Camden Bay area, approximately…
16 April 2018
DNO Acquires Additional Shares in Faroe Petroleum
DNO ASA, the Norwegian oil and gas operator, announced that it has acquired 3,744,203 shares in Faroe Petroleum plc at a price of GBP 1.25 per share representing 1.02 percent of the outstanding shares in Faroe Petroleum.Following the three transactions, DNO will own 105,247,866 shares representing 28.71 percent of the…
13 April 2018
SMD Sign Contract to Supply Atom Mk1 ROV System to China Southern Power Grid
World leading subsea equipment design and manufacturer Soil Machine Dynamics Ltd (SMD) are pleased to announce the signature of a contract to supply its Atom Mk1 1000m 100hp Work Class Remotely Operated Vehicle (ROV) system to Chinese power specialist China Southern Power Extra High Voltage Power Transmission Company (EHV, CSG),…
13 April 2018
Wellesley Receives Consent for Exploration Drilling in the North Sea
Wellesley Petroleum is the operator for production licence 925 in the North Sea. Petroleum Safety Authority Norway have now given the company consent to drill exploration well 35/12-6 S, for which the objective is to investigate a prospect named "Kallåsen".The drilling site is in the north-eastern part of the North…
13 April 2018
Big Statoil Investments in the North
Johan Castberg, Polarled, Aasta Hansteen, Snefrid Nord, Askeladd and the exploration campaign in the Barents Sea; multi-billion investments are lined up. This creates spin-offs. Thanks to the contract for ten Johan Castberg subsea templates Aker Solutions Sandnessjøen will increase its workforce from 20 to 50 over the next two years.There…
13 April 2018
Two Sverdrup Platforms at Aibel’s Yard in Haugesund
It makes an unusual and magnificent sight with two huge platforms at Aibel’s yard at the same time. Soon, these two giants will be placed alongside each other at the Johan Sverdrup field.The drilling platform, which is constructed by Aibel, was joined by the riser platform at the yard yesterday.…
13 April 2018
Spectrum Offshore have been Awarded the Offshore Construction Support Survey Contract by Ørsted on Hornsea Project One Offshore Wind Farm
The survey work is being conducted aboard the Crew Transfer Vessel, Rix Leopard. Spectrum have mobilised their in-house, custom designed survey installation to accommodate high resolution multibeam echosounder, parametric sub-bottom profiler and USBL systems.Hornsea Project One is located 120km east of the Yorkshire coast, and will become the world’s largest…
13 April 2018
MeyGen Phase 1A Completes Construction Phase and Officially Enters 25 year Operations Phase
Atlantis, a global leader in the marine power generation sector, announced that Phase 1A of the MeyGen project has now completed the construction phase and has formally entered the 25 year operations phase. At 6MW rated capacity, MeyGen is the world’s largest tidal stream array.This achievement follows on from an…
13 April 2018
Siemens to Deliver Gas Turbine Packages, Services for Petrobras’ Sépia FPSO
Siemens Power and Gas, including its Dresser-Rand business, received an order for four SGT-A35 gas turbine power generation packages and two SGT-A35-driven DATUM CO2 compressor packages for MODEC's Sépia floating production, storage, and offloading (FPSO) vessel. The vessel, which is named "FPSO Carioca MV30," will be deployed at the Sépia…
13 April 2018
BP and Petrobras Form Strategic Alliance
Alliance will explore joint projects in Brazil and beyond.BP announced that is has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A. (Petrobras).Through this strategic alliance, Petrobras and BP have committed to exploring potential joint commercial agreements in areas of mutual interest in upstream, downstream,…
12 April 2018
Abu Dhabi Launches Six Historic Oil and Gas Licensing Opportunities
The Abu Dhabi National Oil Company (ADNOC) announced as part of Abu Dhabi’s first ever block licensing strategy and on behalf of the Supreme Petroleum Council (SPC), the details of the initial round of six geographical oil and gas blocks open for bidding. This follows the announcement last month by…
12 April 2018
Serica: Results for the Year Ended 31 December 2017
Serica Energy plc announced its financial results for the year ended 31 December 2017.Financial - Operating profit for 2017 of US$14.1 million, a four-fold increase over 2016 operating profit of US$3.4 million. - Group profit after tax of US$17.1 million (2016: US$10.8 million) after deferred tax credits of US$6.3 million…
12 April 2018
Eni has Transformed into a Stronger and More Resilient Company, and Plans to Increase Value in all of its Businesses Under New 2018-2021 Strategy
Enhancing Upstream: the success of the dual exploration model and the new development modelIn recent years Eni has strengthened its upstream business based on two strategic pillars: the dual exploration model and the new accelerated development model.Since 2013, the dual exploration model has allowed Eni to generate €10.3 billion of…
12 April 2018
Start of Construction of EnBW Hohe See and Albatros Wind Farms
EnBW is building two new wind farms in the North Sea – which together form a bona fide “wind power plant”. With a combined output of 609 megawatts, the 87 wind turbines are as powerful as a coal power plant. They can generate enough electricity per year to supply on…
12 April 2018
Nord Stream 2 Receives Full Set of Permits in Finland
Project developer Nord Stream 2 AG received the second of two permits required to construct and operate the planned natural gas pipeline in the Finnish Exclusive Economic Zone (EEZ), completing the permitting procedure in Finland. Today’s permit was granted by the Regional State Administrative Agency Southern Finland in accordance with…
12 April 2018
Maersk Drilling and Maersk Supply Service Establish Joint Venture Decommissioning Company
A 50:50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will leverage the companies’ heritage of over 50 years of safe and efficient operations to provide decommissioning services to oil and gas operators.After decades of production, an increasing amount of offshore oil and gas fields are approaching the…
12 April 2018
Trelleborg Improves Riser Fairing Performance and Efficiency
Trelleborg’s offshore operation signed a strategic supply and license agreement with Reel Power Oil and Gas to collaboratively develop and market an innovative new Vortex Induced Vibration (VIV) suppression system aimed at improving riser performance and efficiency in demanding offshore environments. Through this agreement, both companies are aiming to market…
11 April 2018
Sapura Energy and Partners to Develop SK408 Gas Fields Off Sarawak
Sapura Energy Berhad announced that its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc.; “Sapura E&P”) and its partners, PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad, have taken Final Investment Decision (“FID”) to develop the Gorek, Larak and Bakong fields as phase…
11 April 2018
Subsea 7 Announces Completion of Siem Offshore Contractors Acquisition
Subsea 7 S.A. announced the completion of the acquisition of Siem Offshore Contractors GmbH and two vessels, the inter-array cable lay vessel Siem Aimery and the support vessel Siem Moxie, from the Siem Offshore Group. On completion, Siem Offshore Contractors became a wholly-owned subsidiary of the Subsea 7 Group. Following…
11 April 2018
GC Rieber Shipping: Shearwater GeoServices Returns to Atlantic Margin for TGS
GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has been awarded a new contract from the multiclient geophysical company TGS.The project is expected to take approximately three months and is scheduled to be completed by the end of September, 2018.For the second consecutive year Shearwater has been awarded…
11 April 2018
TGS Announces Further Expansion of Atlantic Margin Multi-client Program
TGS announced an expansion of its Atlantic Margin multi-client program in the Norwegian Sea. The new AM18 3D Extension, will comprise 5,135 km² of 3D seismic data and covers a variety of play models with stratigraphic and structural traps in Paleocene and Cretaceous turbidite/fan deposits. Acquisition will commence early July…
11 April 2018
Statoil Completes Acquisition of US Gulf of Mexico Deepwater Discovery
Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf of Mexico for an aggregate purchase price of USD 339 million. The partners had jointly presented the winning bid for the asset in a bankruptcy auction of…
11 April 2018
USA: Total Further Increases Its Footprint In The Gulf Of Mexico And Becomes Operator Of The North Platte Discovery
Total has acquired several assets located in the Gulf of Mexico as part of the Cobalt International Energy company’s bankruptcy auction sale. Total submitted offers on several assets for a consideration of approximately 300 million dollars and acquires from Cobalt: - A 20% interest in the North Platte discovery. As…
11 April 2018
A Milestone for Northern Norway
The Norwegian Government presented a proposition (draft resolution) to the Parliament (Stortinget) regarding the development plan for the Johan Castberg field. The proposition also includes a status for the petroleum industry.Plan for Development and Operation (PDO) for the Johan Castberg field was delivered to the authorities 5 December 2017. Larger…
11 April 2018
McDermott Completes Phase 1 of QGEP Atlanta Early Production System
McDermott International, Inc. announced it completed the first phase of the deep-water Atlanta Early Production System (EPS), located approximately 115 miles (185 kilometers) offshore southeast of Rio de Janeiro, for independent Brazilian Exploration and Production company Queiroz Galvão Exploração e Produção S.A. (QGEP).McDermott successfully performed the project management, engineering and…
11 April 2018
BP Commits to Two New North Sea Developments
BP announced that it has committed to two new North Sea developments which are expected to produce 30,000 barrels gross of oil equivalent a day at peak production.Alligin and Vorlich are satellite fields located near to existing infrastructure meaning they can be quickly developed through established offshore hubs.Alligin, a two-well…
10 April 2018
Aquaterra Energy Successfully Designs, Fabricates and Installs First CSP Platform for Offshore Trinidad and Tobago
Aquaterra Energy, a leading global offshore engineering solutions provider, is pleased to announce it has completed the delivery of a Sea Swift conductor supported platform (CSP) for DeNovo Energy in the Gulf of Paria, offshore Trinidad and Tobago. This is the first platform of its kind to be installed in…