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22 January 2018
Renewables: Companies Plan to Test Innovative Wind Energy Technology in the North Sea
Companies plan to test and use innovative wind energy technology on an innovation site designed for this purpose off Borssele in the North Sea. They had up to yesterday to submit their applications for a permit to the Ministry of Economic Affairs and Climate Policy.The applications submitted will be assessed…
22 January 2018
Nord Stream Reaches Average Utilisation of 93% in 2017 – 51 bcm Delivered to the European Union
In 2017, the Nord Stream Pipeline delivered 51 billion cubic metres (bcm) of natural gas to consumers in the European Union. This means the pipeline system operated at 93 per cent of its annual design capacity of 55 bcm. This is the highest utilization since the start of operation of…
22 January 2018
Erskine Production Interruption
Serica Energy plc has been informed by the operator of the Erskine field that, during routine pipeline cleaning operations of the Lomond to Everest condensate export pipeline, a blockage occurred in the pipeline.The cause is currently being investigated and during this period, the Erskine field will be unable to produce.…
22 January 2018
Mooring Contract with OMV
Deep Sea Mooring Commence Work with Mooring Contract on Norwegian Continental Shelf.Deep Sea Mooring (DSM), a Vryhof company, has commenced operations with the newly awarded contract to provide pre-lay mooring products and services to the Deepsea Bergen semisubmersible drilling rig on the Norwegian Continental Shelf. Austrian oil & gas company…
22 January 2018
Schlumberger Announces Fourth-Quarter and Full-Year 2017 Results
19th January, 2018Full-year 2017 revenue of $30.4 billion increased 9% year-on-year. This included a full year’s activity from the acquired Cameron businesses as compared to three quarters of activity in 2016. Excluding the addition of Cameron, revenue growth was driven by land activity in North America, which increased by 82%…
22 January 2018
Second Vroon W2W Vessel Completes Modifications and Outfitting at Damen Shiprepair Oranjewerf
Damen Shiprepair Oranjewerf (Oranjewerf) has completed final outfitting and modifications on a second subsea-support walk-to-work (W2W) vessel for Vroon Offshore Services (VOS). VOS Stone was built at Fujian Southeast Shipbuilding in China before coming to the Netherlands for completion. This follows a similar project successfully completed in July this year…
22 January 2018
New Drilling Contract for Blackford Dolphin
Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA, has entered into a one well plus four option contract with BP Exploration Operating Company Ltd. for use of the semi-submersible drilling rig Blackford Dolphin for operations in the UK North Sea. The contract is scheduled to commence May 2018.…
22 January 2018
CGG in Support of SNH in its Promotion of Open Acreages in Rio Del Rey and Douala/Kribi-Campo Basins for 2018 Cameroon Licensing Round
CGG announced today that it has an agreement with Société Nationale des Hydrocarbures (SNH), the National Oil and Gas Company of Cameroon, to promote enhanced multi-client E&P data packages and interpretative products, in support of Cameroon’s 2018 Onshore & Offshore Licensing Round opened and conducted by SNH for eight free…
22 January 2018
VNG AG to Evaluate Options to Maximise the Value of its Norwegian E&P Business
As part of VNG Group’s strategic programme “VNG 2030+”, VNG – Verbundnetz Gas Aktiengesellschaft (VNG AG) will explore strategic options for its oil and gas exploration and production business in Norway and Denmark, VNG Norge AS (“VNG Norge”). As VNG AG sees long term value creation potential in the E&P-business,…
22 January 2018
ExxonMobil Acquires Exploration Acreage Offshore Ghana
ExxonMobil today announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block. The agreement is subject to parliamentary ratification.Exploration activities, including acquisition of seismic data and analysis, are expected to commence later in 2018.…
22 January 2018
Fugro Undertakes Marine and Land Surveys for Strategic UAE Hail and Ghasha Gas Development
Fugro has commenced a programme of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of the Hail and Ghasha development, a landmark project by the Abu Dhabi National Oil Company (ADNOC).Located offshore in the Arabian Gulf, the Hail and Ghasha gas development is part of ADNOC’s largest sour…
22 January 2018
Eco Atlantic: Entry into Phase Two of initial Period of the Orinduik Block
Eco (Atlantic) Oil & Gas Ltd. the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, announces that at the Company and Tullow Oil on the Orinduik Block, have elected to enter Phase Two of the Initial Period under the Petroleum Agreement and…
19 January 2018
Tulip Oil announces the FID for the Q10 Offshore Gas Development
Tulip Oil Netherlands Offshore B.V. is pleased to announce the Final Investment Decision related to the development of the Q10 gas field.Tulip Oil will now proceed with developing the field which is expected to become a major offshore producing asset in the Netherlands. The Q10 gas field development will encompass…
19 January 2018
BP Contract Award for Norman Reach
BP has awarded a contract for use of the vessel Normand Reach on the Mungo field in the North Sea. The value of the contract is confidential between the parties. Normand Reach will be used on a walk-to-work project with expected start-up late April/early May. The 12-week contract has options…
19 January 2018
C-NLOPB Suspends Petroleum-Related Operations Conducted by the SeaRose FPSO
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has suspended petroleum-related operations conducted by the SeaRose Floating, Production, Storage and Offloading (FPSO) vessel operating pursuant to Husky Oil Operations Limited’s (Husky’s) Operations Authorization (OA) with such operations to be suspended in a safe, controlled and environmentally prudent manner while maintaining…
18 January 2018
GC Rieber Shipping: Shearwater GeoServices Awarded Large Seismic Survey for Total and Eni
GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has been awarded a 10,000 square kilometer marine seismic acquisition services contract by Total and Eni for their 2018 exploration program, located approximately 300 kilometers offshore Myanmar. Shearwater will deploy the vessel "Polar Empress" for the survey which is expected…
18 January 2018
Legacy Marine Delivers Incat Crowther Designed 18m Catamaran Dive Support Vessel
Incat Crowther is pleased to announce the delivery of Stapem Beluga, the first of two ABS-classed 18m Catamaran Dive Support Vessels built by Legacy Marine Group of Port Elizabeth, South Africa for Paris-based Stapem Offshore. The Marshal Island-flagged vessel will operate in the coastal waters of Angola in support of…
18 January 2018
Statoil Given Consent for Exploration Drilling in the North Sea
Statoil Petroleum AS is the operator of production licence 167. The Norwegian Petroleum Safety Authority have given the company consent to drill exploration well 16/1-29 S.Drilling is planned to start in February 2018, with a duration of around 37 days, depending on whether a discovery is made.The well is situated…
18 January 2018
55 Oil and Gas Exploration Blocks in India to be put up for Auction
From the 18th of January, 2018, India will auction off the 55 blocks which are spread over 59,000 sq. km. in an attempt to capitalise on its immense hydrocarbon resources which could bring in over 200 billion barrels of oil and gas resources.The move follows a relaxing of the rules…
18 January 2018
KBR Joint Venture Wins Two FEED Contracts from Azerbaijan International Oil Company for Azeri Central East Project
KBR, Inc. announced that its joint venture with SOCAR has been awarded two separate Front-End Engineering Design (FEED) contracts for a new Production, Drilling, Quarters (PDQ) platform – the Azeri Central East (ACE) platform – to be located in the Azeri-Chirag-Gunashli (ACG) field in the Azerbaijan sector of the Caspian…
18 January 2018
Archer Limited : Apache awards new Platform Drilling Management contract with Archer for the Forties and Beryl fields until Q4 2020
Archer Limited announces that effective from the 1st of January 2018, Apache have awarded a new 3 year contract to Archer for the provision of Platform Drilling Management Services which include operations and maintenance on their Forties and Beryl fields. This will include the Forties Alpha, Bravo, Charlie and Delta…
18 January 2018
Talos Energy LLC Announces Initial Production From The Tornado II Well
Talos Energy LLC announced initial production from the Tornado II deep water well (GC 281 #2ST), located in the Phoenix Field of the Green Canyon area of the Gulf of Mexico in approximately 2,700 feet of water. The Tornado II drilling program consisted of an exploratory test penetration in a…
18 January 2018
ExxonMobil and MagnaBond to Collaborate on New Well Integrity Evaluation Technologies
New technologies designed to address well decommissioning activities.Focus on developing through-tubing cement evaluation and casing imaging tool.Expected to provide a cost-effective alternative for inspecting and verifying cement integrity.ExxonMobil Upstream Research Company announced that it has signed a three-year joint development agreement with MagnaBond, LLC to develop new technologies that could…
18 January 2018
Fluor Awarded Contract for Shell Penguins Offshore UK Project in North Sea
Fluor Corporation announced today that the company was awarded a contract by Shell for the engineering, procurement and fabrication of Shell’s Penguins floating production storage and offloading (FPSO) vessel in the North Sea. Fluor booked the undisclosed contract value in the fourth quarter of 2017.“We are pleased to partner with…
18 January 2018
Contract for improved recovery on Johan Sverdrup
Statoil awards a contract to Alcatel Submarine Networks for Permanent reservoir monitoring (PRM) on the Johan Sverdrup field. The seismic technology – a potential digital enabler for the field – will be a key contributor to delivering on Johan Sverdrup’s 70 percent recovery ambition.“Johan Sverdrup will make up a significant…
18 January 2018
75 new production licences in APA 2017
Today, 16 January, 34 companies will be offered a total of 75 new production licences on the Norwegian continental shelf. Never before have this many production licences been awarded in an APA round (Awards in Pre-defined Areas), and never before have this many applications been submitted.New licences are being awarded…
16 January 2018
Swan Hunter Secure Van Oord Norther Export Cable Storage Project
Approximately 29km of cable, weighing 3300 metric tons, will be transpooled from an HLV and stored in a Swan Hunter basket carousel at the DOC-Swan Hunter storage and spooling yard, Vlissingen, before loadout onto Van Oord’s CLV Nexus, currently planned for Q3 2018.
16 January 2018
Statoil Frame Agreement and Contract Award
16 January 2018
INEOS Launches Six New Oil and Gas Businesses
1. INEOS Oil & Gas Denmark consists of operated and non-operated oil and gas assets located in Denmark. The business is headed by Flemming Horn Nielsen as its CEO with offices and operations in Esbjerg and Gentofte, Denmark.2. INEOS Oil & Gas Norway consists of the assets located in Norway.…
16 January 2018
Huisman Successfully Load Tests World's First 3D Printed Offshore Crane Hook
WAAM can be used for crane hooks, but also allows Huisman to manufacture other components with complex shapes, short delivery times or local alternative material properties, to improve for example wear and corrosion resistance. The positive WAAM testresults enable Huisman to manufacture reliable components that were physically impossible or commercially…
16 January 2018
VOS Stone Mobilised with Ampelmann A400 Gangway System
The A400 gangway system combines the established motion-compensation technology of Ampelmann’s A-type system with a new, wider gangway and an elevator which allows for a stepless flow of people and cargo trolleys between the vessel’s main deck and the offshore asset. This project further strengthens the long-standing partnership between Vroon…
16 January 2018
Petrobras and Total Complete the Transfer Rights in the Lapa and Lara Concessions, as Part of their Strategic Alliance
16 January 2018
Shell Announces Redevelopment of Penguins field in UK North Sea
The redevelopment is an attractive opportunity with a competitive go-forward break-even price below $40 per barrel. The FPSO is expected to have a peak production (100%) of circa 45,000 boe/d.
15 January 2018
New £12m Banking Facility Enables Next Phase in Port's Rapid Expansion
The Port has announced a new £12million banking facility with Lloyds Bank that will enable the next phase in its rapid expansion.Major investments will now be made in relation to terminal infrastructure and the construction of new warehousing, as well as strengthening quays and installing new cranes.Having reported a second…
15 January 2018
Norway's Lofoten region to remain off-limits to oil firms -government
Norway’s Arctic region of Lofoten, Vesteraalen and Senja will remain off-limits to oil exploration at least until the next election for parliament, which is due in 2021, the government said on Sunday.more
15 January 2018
Strengthened position as a leading independent offshore E&P company
Aker BP is hosting its annual Capital Markets Day today. During 2017, Aker BP increased its reserves (2P) by a net of 202 million barrels of oil equivalents (mmboe), to a total of 913 mmboe. The company delivered significant growth, while simultaneously chasing cost per barrel produced, and had efficient…
15 January 2018
PSA Norway Grants Spirit Energy Consent to use the Island Innovator mobile drilling facility
The consent covers use of the Island Innovator mobile drilling facility for drilling and testing wildcat wells 6506/9-4 and 6506/9-4 A in production licence 433 in the Norwegian Sea.more
15 January 2018
Namibia: Global Petroleum announces completion of CPR on its Namibian Blocks 1910B and 2010A
Global Petroleum has announced that the recently commissioned Competent Person's Report ('CPR') on its Namibian Blocks 1910B and 2010A (Licence PEL0029) has now been completed by independent consultants AGR TRACS International.more
12 January 2018
Dry Well Northeast of 7220/11-1 (Alta) in the Barents Sea - 7219/12-3 S
Lundin Norway AS, operator of production licence 533, is in the process of concluding the drilling of wildcat well 7219/12-3 S. More
12 January 2018
Nexans Acquires BE CableCon in Strategic Move into Wind Turbine Cable-Kitting Business
BE CableCon, a world-renown expert in wind turbine cable-kitting
12 January 2018
FairfieldNodal Acquires WGP
FairfieldNodal, known as an industry leader in marine seismic nodal technology, continues to pursue opportunities to strengthen and expand its technology portfolio. FairfieldNodal seeks to transform itself into a world-class provider of integrated life of field seismic services, data and data analytics over the next three to five years through…
12 January 2018
Oceaneering Secures Inspection Services Partnership in Australia
Roy Andrich, Australia General Manager for Oceaneering, said, “We are excited by the opportunity to support and grow local talent. With Oceaneering’s support, we believe that NDT Tech Ops will continue to grow as an industry leader in the field of non-destructive inspection and other industrial services.”
12 January 2018
Halfwave Lands Inspection Contract for Nord Stream 2
Halfwave has been awarded a multi-million euro contract to custom-build ART Scan® tools, which will be used to inspect the new pipelines during the pre-commissioning phase. The ART Scan® tools will have the capability to inspect an entire pipeline in one single run and provide high resolution inspection results.“After a…
12 January 2018
GoM: Stone Energy Announces Mt. Ptovidence Drilling Success
Stone Energy has announced drilling success at the deep water Mt. Providence development well at Mississippi Canyon Block 28. Stone generated the prospect and owns a 100% working interest in the well.More
12 January 2018
The Shelf 2017 - High Activity on the Shelf
Never before has so much gas been sold from the Norwegian shelf as was the case in 2017. Oil production was down slightly; nevertheless, overall production rose for the fourth straight year.More
12 January 2018
Polarcus awarded 3D marine seismic project in South America
The project will commence in Q1 2018 and has a scheduled duration of approximately 2 months.
11 January 2018
Digitalization of BOURBON’s vessel operations: Strategic partnership with Bureau Veritas
This partnership is part of BOURBON’s Smart shipping program, which seeks to optimize safety and reliability of vessels operations at optimum costsFirst application of the partnership will be real-time verification of the dynamic positioning (DP) operations of the BOURBON fleetBureau Veritas is providing classification of the connectivity systemsBoth partners are…
11 January 2018
Carousel Turns Over New Leaf For Ecosse Subsea Systems
Ecosse Subsea Systems (ESS) has reached an agreement with a well known Subsea Contractor to buy back their 800-ton carousel which can be deployed on a range of specialist subsea projects.Carousels are used in the storage and transportation of subsea cables, umbilicals and pipes and enable the safe deployment of…
11 January 2018
Ridge AS acquires Ocean Maxwell AS
Ridge AS, a privately owned high-end well engineering and consultancy company based in Norway, are pleased to announce the acquisition of Ocean Maxwell AS, a Norwegian oil and gas consultancy company owned fully by founder Cecilie Sælen. With this acquisition, Ridge will further enhance the ability of the company to…
11 January 2018
ADES Extends Three Major Contracts in the Gulf of Suez
ADES International Holding Ltd. (LON: ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has successfully extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI, all of which…