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10 April 2018
Ocean Installer Awarded Petronas Contract in Mauritania
Ocean Installer has been awarded a contract by Petronas, the Malaysian oil and gas company, to assist in decommissioning the Chinguetti field off the coast of Mauritania in West Africa.The contract follows an award from FPSO operator BW Offshore on the same field in early February.The project will be executed…
10 April 2018
Canada-Nova Scotia Offshore Petroleum Board Authorizes BP Canada to Carry Out Preparatory Activities
The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has issued an authorization to BP Canada Energy Group ULC (BP Canada) allowing the drilling unit, the Seadrill West Aquarius, to enter Canada-Nova Scotia waters, and to carry on with preparatory work in advance of its planned drilling of an exploration well.This initial…
10 April 2018
Tower Resources: Award of Reserves Report Contract to Oilfield International Ltd
Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, announced the award to Oilfield International Ltd (“OIL”) of a contract to act as Competent Person (“CP”) and prepare a Reserves Report in respect of Tower’s Thali license in Cameroon.The contract, awarded following a competitive…
10 April 2018
Faroe Petroleum: Fogelberg Appraisal Well Update
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, provided an update with preliminary results of the Fogelberg appraisal well in the Norwegian Sea (Faroe 15%).Highlights - Successful appraisal well on the Fogelberg discovery, confirming reservoir sequence and…
10 April 2018
Subsea 7 Awarded Contract Offshore Nigeria
Subsea 7 S.A. announced the award of a substantial contract by Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in shallow water, offshore Nigeria. The contract scope includes engineering, construction, transportation, installation and pre-commissioning of 20 kilometres of 24” Corrosion Resistant Alloy (CRA) pipeline between the…
10 April 2018
James Fisher Marine Services Awarded a 10 year, £50m Integrated Marine Services Contract
James Fisher and Sons plc announced that its subsidiary James Fisher Marine Services has been awarded a 10 year integrated marine services contract by a UK-based, international, integrated energy company. The contract, which commences in April, is worth c.£50m and entails the management of three vessels, oil transfer operations, buoy…
10 April 2018
Dry Well and Appraisal Well West of the Skarv Field in the Norwegian Sea – 6507/5-8
Aker BP ASA, operator of production licence 212, has concluded the drilling of a combined exploration and appraisal well, 6507/5-8, near and on Ærfugl.The well was drilled about one kilometre from the Skarv field in the northern part of the Norwegian Sea.Ærfugl was proven in Upper Cretaceous reservoir rocks (the…
10 April 2018
Cordia to Take Position in Oceanteam ASA to Secure Company’s Future
Oceanteam ASA has reached a preliminary agreement with Keesjan Cordia to take a substantial shareholding in Oceanteam and to strengthen the Board of Directors of the Company.Keesjan Cordia has agreed to commit 20 million NOK in shareholders’ equity, which is to be voted on during an extraordinary general meeting of…
9 April 2018
Drilling for Extended Well Testing Commenced on Alta
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling well 7220/11-5 on the Alta discovery in PL609 in the southern Barents Sea. Following drilling, the well will be used for extended well testing.The Alta discovery is located in PL609 in the southern Barents Sea,…
9 April 2018
Spectrum ASA: Spectrum Commences Pernambuco-Paraiba Multi-Client 2D Campaign
Spectrum has commenced a 6,000 kilometer 2D program over the lightly explored Pernambuco-Paraiba basins along the Eastern Margins of Brazil. The survey covers an area north of the prolific Sergipe Basin that will be included in Round 16 scheduled for 2019.The survey is being acquired with a 12,000 meter cable…
9 April 2018
DOF ASA: New Contract in Brazil
Norskan Offshore and DOF Subsea Brazil have been awarded RSV contracts for the Skandi Commander and one ROV. The contracts have a duration of 150 days with start-up in April 2018. Skandi Commander is a RSV vessel (MT 6009) built in 2007 and was reflagged with Brazilian flag in 2017.
9 April 2018
DOF Subsea Contract Awards in the Atlantic Region
DOF Subsea has been awarded various contracts in the Atlantic region, securing utilisation for vessels and personnel in the Subsea/IMR Projects segment: - A contract for several decommissioning campaigns in the North Sea securing utilisation for Skandi Neptune into Q3 2018. - Short-term contracts for the provision of vessel and…
9 April 2018
Solstad Farstad: Announcement of Awarded PSV Contracts with Inpex Australia
INPEX Australia has awarded SolstadFarstad two contracts for the provision of vessels, Far Swan (2006, VS 470 MK II Design) and Sea Tortuga (2014, STX 05-L CD Design). The contract for Sea Tortuga will commence during April 2018 for a period of 5 months firm, with a further 3 x…
9 April 2018
Approved Development Plan for Ærfugl
The Ministry of Petroleum and Energy in Norway has approved the development plan for the Ærfugl field in the Norwegian Sea. The field is underwater and will be linked to Skarv production ships.Ærfugl Field is a narrow but nearly 60 km long gas and condensate field in the Norwegian Sea,…
9 April 2018
Successful Completion of First Production Well at Tortue
Panoro Energy announced the successful drilling and completion of the first development well, DTM-2H, located in the Tortue field, within the Dussafu PSC, offshore Gabon.The drilling of DTM-2H oil production well commenced in late January 2018 and was successfully completed with no safety-related incidents, on schedule and within budget. Interpretation…
6 April 2018
C-Innovation Announces New Three-year Subsea Construction Contract with BP
C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has secured a three-year contract with BP Exploration & Production, Inc. (BP), the largest energy investor in the deepwater Gulf of Mexico. The contract encompasses subsea construction, inspection, maintenance and repair (IMR) and logistics services…
6 April 2018
KD Marine: Investing in the Future
KD Marine has made an investment in their future with the purchase of assets from Global Energy company Vertech.The sale, for an undisclosed amount, includes a nitrox diving system and a daughter craft system. It is KD Marine’s intention to retain these assets and add them to their existing fleet,…
6 April 2018
Beatrice Offshore Windfarm: Final Section of Nexans Power Export Cable Sails To Scotland
Nexans has reached two key milestones in its major contract to create the high voltage power export connection for Scotland’s Beatrice 588 MW offshore windfarm. The first of the two 400 kV onshore cable links and the high voltage accessories have been installed successfully and tested on site. At the…
6 April 2018
Wood Mackenzie: Wave of Large Upstream Project FIDs Could Signal a New Cost Cycle
Wood Mackenzie saw a significant recovery in upstream Final Investment Decisions (FID) in 2017, with the number of project sanctions more than doubling from 2016. They expect a similar story in 2018 with around 30 major projects to reach FID. And it's all down to continued prudence in industry spending.With…
6 April 2018
Fenja Plan for Development and Operation Approved
The Norwegian Ministry of Petroleum and Energy approved plans for the development and operation of Fenja in the Norwegian Sea.The partnership will invest 10.2 billion kroner in development, and the field has planned production start in 2021. State Council Søviknes presented the news at this year's Norwegian Sea Conference in…
6 April 2018
Consent to Use Safe Zephyrus on the Johan Sverdrup Field
Statoil has received consent from Petroleum Safety Authority Norway to use Safe Zephyrus as a flotel at Johan Sverdrup.The consent applies to the use of the Safe Zephyrus flotel as accommodation for personnel in the completion phase from May 2018 to May 2019.The Safe Zephyrus flotel is a type GVA…
6 April 2018
Spirit Energy Receives Consent for Exploration Drilling in the Barents Sea
Spirit Energy has received consent from Petroleum Safety Authority Norway to carry out exploration drilling of wells 7322/7-1 and 7322/7-2 in production licence 852 in the Barents Sea.The wells are located in the northern sector of the Barents Sea, 138 kilometres south-west of Bjørnøya and 310 kilometres north of Hammerfest.The…
6 April 2018
Aker BP has Received Consent for Exploration Drilling in the Barents Sea
Aker BP is the operator for production licence 659 in the Barents Sea. Petroleum Safety Authority Norway have now given the company consent to drill exploration well 7221/12-1 to investigate a prospect named "Svanefjell", around 65 kilometres north-north-east of the Snøhvit field.The planned start-up is April 2018.The drilling location's geographical…
6 April 2018
Nord Stream 2 Receives Permit to Use Finnish Exclusive Economic Zone for Building Pipeline
Nord Stream 2 AG received the Finnish Government’s consent for the use of the Finnish Exclusive Economic Zone (EEZ) for the construction of the Nord Stream 2 natural gas pipeline. The permit for a 374-kilometer offshore section running through the Finnish EEZ outside the country’s territorial waters was issued by…
5 April 2018
Simon Møkster Shipping AS: New Contract for Stril Explorer
MMT AB has awarded a contract of 18 months to Møkster for charter of the Stril Explorer.The vessel has been on contract to MMT since April 2014 and Møkster is proud to strengthen its relationship with MMT moving forward. The vessel will be used in various survey related projects by…
5 April 2018
'Esvagt Gamma' and 'Esvagt Promotor' decommissioned
After long and loyal service, the 'Esvagt Gamma' and the 'Esvagt Promotor' are now embarking on their final voyage; around 300 nautical miles to Fornæs Ship Recycling in Grenå.ESVAGT wanted to use an approved, Danish recycling yard for the job and ESVAGT will be delivering both vessels to their final…
5 April 2018
Phoenix South-3 – Rig on Location
Carnarvon Petroleum Limited provided the following update on its nearterm drilling program as advised by the operator, Quadrant Energy.The GSF Development Driller-1 semi-submersible drilling rig has arrived at the proposed Phoenix South-3 drilling location.Over the next few days the rig will be anchored in place and ballasted in order to…
5 April 2018
Askeladden Seeking its Fortune on Gullfaks
The new Cat J jackup rig Askeladden started drilling on the Gullfaks field on 26 March, with the goal of providing new production from old wells and exploring to create new value.Askeladden has been bought by the Gullfaks licence to carry out production and exploration drilling on Gullfaks Satellites. For…
5 April 2018
Deep Sea Mooring and Vryhof Anchors Secure First Contract with Cooper Energy
Deep Sea Mooring and Vryhof Anchors, both Vryhof businesses, have secured a contract to provide full-scale mooring and anchoring services to Australian energy company Cooper Energy. The announcement also sees Vryhof businesses secure contracts in Cooper’s main target drilling area - offshore Victoria, Australia - for the first time.The contract…
5 April 2018
Statoil Signs Letters of Intent for Johan Sverdrup Phase 2 with Aibel and Aker Solutions-Kværner Joint Venture
Statoil, on behalf of the Johan Sverdrup partnership, signed a letter of intent with Aibel for the construction of the processing platform topside for phase 2 of the project. A letter of intent for field centre modifications is also issued to a joint venture of Aker Solutions and Kværner. Total…
4 April 2018
IKM Subsea Secures PTTEP Drilling Contract
IKM Subsea will be providing a Merlin WR200 electrical propulsion system together with a BOP intervention tool and an IKM Technology designed and built diamond wire cutter for this project onboard the rig. This marks as IKM’s second deepest dive in South East Asia as the water depth ranges from…
4 April 2018
DNO Announces Acquisition of Minority Shareholding in Faroe Petroleum
DNO ASA, the Norwegian oil and gas operator, announced that it has agreed to acquire 15.37 percent of the share capital of Faroe Petroleum plc from Delek Group Ltd.The acquisition covers all Faroe Petroleum ordinary shares held by Delek, totaling 56,355,825, at a price of GBP 1.25 per share for…
4 April 2018
Significant Gas/Condensate Discoveries in Hades and Iris prospects, Norway
Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announced significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea.The exploration well 6506/11-10 targeted two formations: the…
4 April 2018
Consent to Use Haven at Johan Sverdrup
The Petroleum Safety Authority in Norway have given Statoil consent to use the Haven mobile accommodation facility on the Johan Sverdrup field.The Johan Sverdrup field in the North Sea is in development, with Statoil as the operator.They have now given Statoil consent to use the Haven mobile facility for living…
4 April 2018
Consent to use Island Constructor
The Petroleum Safety Authority in Norway have given Norske Shell consent to use Island Constructor on the Knarr and Ormen Lange fields.The consent applies to planned well work on the Knarr and Ormen Lange fields.The activities are planned for the second and third quarters of 2018.Island Constructor is a facility…
4 April 2018
Lundin Receives Consent for Exploration Drilling in the Barents Sea
The Petroleum Safety Authority in Norway have given Lundin consent to drill appraisal well 7220/11-5 S in production licence 609 in the Barents Sea.The consent applies to drilling, completion and production testing of well 7220/11-5 S in production licence 609 in the Barents Sea.The geographical coordinates are:72° 01' 21.08" N20°…
4 April 2018
Statoil Receives Consent for Exploration Drilling in the North Sea
The Petroleum Safety in Norway have given Statoil consent to drill appraisal well 15/3-10 in the North Sea.The objective of drilling well 15/3-10 "Sigrun Appraisal" is to appraise a previous discovery in the North Sea, 15/3-4 Sigrun, that was proven in 1981.Statoil is the operator for the drilling activity, which…
3 April 2018
Assistant Secretary for Land and Minerals Management Balash Announces Region-Wide Oil and Gas Lease Sale for Gulf of Mexico
In support of President Donald J. Trump’s America-First Offshore Energy Strategy, Department of Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced that the Department will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida…
3 April 2018
BOEM to Open Call for Information and Nominations for Proposed Beaufort Sea Lease Sale
The Bureau of Ocean Energy Management announced it will publish in the Federal Register a call for information and nominations covering a proposed lease sale in Alaska’s Beaufort Sea Planning Area in 2019. The proposed sale is listed in the draft proposed 2019-2024 National Outer Continental Shelf Oil and Gas…
3 April 2018
Saudi Aramco Selects Jacobs for Zuluf Field Development Program
Saudi Aramco has awarded Jacobs Engineering Group Inc. a contract to provide engineering and project management services for the Zuluf Field Development Program's Arab Heavy (AH) Crude Oil Increment 600 MBCD - Onshore Central Processing Facilities (CPF) project, which will provide facilities to process 600,000 barrels of oil per day…
3 April 2018
Statoil Awards New Drilling Contracts Worth NOK 12 billion
Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil’s fixed platforms.The contracts take effect from 1 October 2018, initially for a period of four years. The total value is estimated at more than NOK…
3 April 2018
Rowan Announces Contract with Shell for the Rowan Viking
Rowan Companies plc announced that the Rowan Viking, an N-Class ultra-harsh environment jack-up rig, has been awarded a five-well program by Shell UK Limited for plugging and abandonment work on the Goldeneye platform in the Central North Sea. The contract is expected to commence in June 2018, and continue for…
3 April 2018
Hibiscus Petroleum Completes Acquisition of the North Sabah PSC from Shell
Hibiscus Petroleum Berhad announced that its indirect wholly owned subsidiary SEA Hibiscus Sdn Bhd has completed its acquisition of a 50% participating interest in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract and the joint operating agreement in relation to the PSC.To recap, SEA Hibiscus had, on 12…
3 April 2018
TGS Announces New Multibeam and Seep Study Project Offshore Brazil
TGS announced the Brazil Southern Basins SeaSeep Project in the Campos and Santos Basins, offshore Brazil. The project will cover existing TGS surveys in these hydrocarbon rich basins as well as the highly prospective Pre Salt trend where many untested structures exist.Acquisition of the multibeam will commence late Q1 2018…
30 March 2018
Statoil Awarded Four Blocks Offshore Brazil
Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.A consortium comprising Petrobras (30%), ExxonMobil (40%) and Statoil (30%), presented the…
29 March 2018
CSA and HWCG Deliver Rapid Monitoring Solution for O&G Operators in the Gulf of Mexico
CSA Ocean Sciences Inc. (CSA), a marine environmental consulting firm, and HWCG LLC, a consortium of 18 offshore oil and gas operators, collaborated on the design of a deepwater sampling and monitoring equipment program to support the environmental needs of the offshore industry. The equipment program remains containerized, on standby,…
29 March 2018
Woodside Completes Scarborough Acquisition
Woodside advises that the acquisition of ExxonMobil’s interest in the Scarborough gas field has been completed. The effective date of the transaction is 1 January 2018.Woodside has acquired an additional 50% interest in WA-1-R (which contains the majority of the Scarborough gas field), and now holds a 75% interest in…
29 March 2018
W2W vessel Acta Orion to support Tideway B.V. (DEME Group) at Merkur OWF
Acta Marine has recently been awarded a contract to assist Tideway B.V. (DEME Group) with its cable pull in, and testing and termination campaign on the German Offshore Wind Farm Merkur.The contract concerns the charter of Acta Marine’s walk to work vessel Acta Orion. After a 300 day campaign working…
29 March 2018
Ithaca Energy Inc.: 2017 Financial Results
Ithaca Energy Inc. announced its financial results for the twelve months ended 31 December 2017, together with the results of its independent year-end reserves assessment.Solid cashflow generation, with improving cash netbacks driven by lower unit operating expenditures - Average production of 13,909 barrels of oil equivalent per day (“boepd”) –…
29 March 2018
Carnarvon Petroleum Limited: Phoenix South-3 – Rig Movement
Carnarvon Petroleum Limited provided the following update on its nearterm drilling program as advised by the operator, Quadrant Energy.The GSF Development Driller-1 semi-submersible drilling rig is in the final stage of its journey from Port Louis (Mauritius) to Australia on the way to drill the Phoenix South-3 well. Towing speeds…