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30 November 2017
Kraken Production Rate on Plan
Kraken production rate on planKraken is achieving month on month increases in production and by early November average production rates were around 23,000 Bopd gross. The second production processing train was brought onstream later in November, with rates of over 40,000 Bopd gross being achieved.The second and third cargo offloads…
30 November 2017
Peterson Awarded Contract to Provide Integrated Logistics for Chrysaor
Leading international energy logistics provider Peterson has been awarded a contract with Chrysaor to provide integrated logistics services for its operated assets in the UKCS. Initially for one year, with potential to be extended, the scope of work with Chrysaor, a business which is focused on the development and commercialisation…
29 November 2017
Prosafe Wins Accommodation Deal with TechnipFMC
Semi-submersible accommodation vessels operator Prosafe has won a contract to support TechnipFMC in Bahr Essalam Phase II development in the Central Mediterranean Sea.The Oslo-listed company is acting as commercial manager for the Axis Offshore-owned ‘Safe Swift’ monohull accommodation vessel which will be used for the project.TechnipFMC-managed Bahr Essalam natural gas…
29 November 2017
Prosafe Wins Accommodation Deal with TechnipFMC
Semi-submersible accommodation vessels operator Prosafe has won a contract to support TechnipFMC in Bahr Essalam Phase II development in the Central Mediterranean Sea.The Oslo-listed company is acting as commercial manager for the Axis Offshore-owned ‘Safe Swift’ monohull accommodation vessel which will be used for the project.TechnipFMC-managed Bahr Essalam natural gas…
29 November 2017
Ironbark Prospect Update
Ironbark is a giant Mungaroo Formation prospect that is mapped with an area of up to 400km2 and a best technical estimate of 15 Trillion cubic feet (Tcf) of prospective recoverable gas resource2 based on an internal assessment performed by Cue.Wood Mackenzie estimates that the North West Shelf LNG plant…
29 November 2017
BSEE Approves New Drilling Operations in Arctic
Achieving American energy dominance moved one step closer today with the approval of Arctic exploration operations on the Outer Continental Shelf for the first time in more than two years. The Bureau of Safety and Environmental Enforcement approved an Application for Permit to Drill Tuesday. Eni U.S. Operating Co. Inc.…
29 November 2017
Deep Down Scores Over $4M in West Africa
Deep Down, an oilfield services company, said it has received orders for subsea equipment valued at over $4 million directly from two West African operators, one of whom is said to be a new customer.The orders include a full suite of Deep Down’s own Multi-Quick Connect (MQC) plates, some of…
29 November 2017
4Subsea and RusselSmith Enter Subsea Asset Integrity Pact
RusselSmith Nigeria has sealed a technical partnership with Norwegian company 4Subsea to collaboratively deliver solutions for ensuring the lifespan of subsea assets.This partnership will see RusselSmith improve its monitoring and repair services for flexible pipes, umbilicals and ancillaries.Of particular note is 4Subsea’s portable annulus tester (PATTM) that automates integrity testing…
29 November 2017
EDS HV Management Secures Framework Agreement with Ørsted
High voltage engineering specialist, EDS HV Management, (a subsidiary of the EDS HV Group) has signed a Framework Agreement with the world’s largest offshore wind developer Ørsted, to provide SAP Services across their range of UK Wind Farms.Ørsted is the world’s largest offshore wind developer employing 5,800 people worldwide, including…
29 November 2017
ExxonMobil Starts Production at Hebron Field
Exxon Mobil Corporation (NYSE:XOM) today announced that the Hebron project started production safely and ahead of schedule. At its peak, the project will produce up to 150,000 barrels of oil per day.Discovered in 1980, the Hebron field is estimated to contain more than 700 million barrels of recoverable resources. The…
29 November 2017
Two Year Drilling Extension at the Harvey Licence
Independent Oil and Gas plc ("IOG" or the "Company"), the development and production focused Oil and Gas Company, is pleased to announce that the Oil & Gas Authority (“OGA”) has agreed a two-year extension to the initial term for licence P2085 that includes Harvey. The licence will be extended to…
28 November 2017
Eni Becomes Operator of Cabinda North and Strengthens its Presence in the Upstream, Downstream, Trading and Renewable Sectors in Angola
Eni’s CEO Claudio Descalzi and Sonangol’s Chairman of the Board of Directors Carlos Saturnino signed today an agreement that assigns operatorship of Cabinda North block to Eni, as well as 48% the block’s rights. The signing took place in Luanda at the presence of the President of the Republic of…
28 November 2017
Fugro Joins Search for Lost WWI Australian Submarine
Fugro is set to join a campaign to find the lost WWI HMAS AE1 Australian submarine. Fugro’s survey vessel, the Fugro Equator, will be used along with the multibeam echosounder to conduct a bathymetric survey and an autonomous underwater vehicle (AUV) will be used for close examination of the search…
28 November 2017
SMD Services Complete Major MD3 Plough Upgrade for Orange Marine
Soil Machine Dynamics Ltd (SMD) has successfully completed an upgrade to the MD3 (multi-depth) plough recently acquired by Orange Marine.The plough, which was delivered to the SMD Services team for refurbishment in July, received a full control system upgrade and extensive overhaul.SMD Services’ dedicated team of engineers based at Port…
28 November 2017
Environmental Guidelines Recommend More Flexible Approach to Decommissioning
Guidelines providing practical advice on the environmental issues surrounding the development of decommissioning programmes have been launched today, by Decom North Sea.As the only membership organisation dedicated to the oil and gas late life and decommissioning sector, Decom North Sea identifies and has oversight of a number of projects which…
28 November 2017
Ørsted Teams up with China Steel
Greater Changhua offshore wind projects’ underwater foundation substructures likely to come from local supply chainTo speed up the preparation of the Greater Changhua offshore wind project development, Ørsted signed a memorandum of understanding (MoU) with China Steel Corporation (CSC) on 10 November. CSC and Ørsted will work jointly to ensure…
28 November 2017
Fortum Acquires Approx. 10% Shareholding in Wave Energy Company Seabased
Fortum becomes a shareholder in Seabased, a Swedish company offering wave energy solutions. Fortum has acquired shares in Seabased AB corresponding to an approximate 10% stake in the company. Both parties have agreed not to disclose the value of the deal."We have worked closely together during the wave power project…
28 November 2017
Boskalis Strengthens Subsea Services with Two Large DSVS
Royal Boskalis Westminster N.V. (Boskalis) has strengthened its subsea services proposition with the addition of two large diving support vessels (DSVs). An important section of the Corporate Business Plan 2017-2019 drawn up earlier this year was devoted to strengthening and expanding Boskalis' subsea services. With this addition the existing position…
28 November 2017
Brazil’s Giant Libra Field Comes On Stream
Total announces first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil. The floating production, storage and offloading (FPSO) unit Pioneiro de Libra has a capacity of 50,000 barrels of oil. This start-up of the early production…
28 November 2017
Major Milestone Reached as First Power is Generated at Rampion
This week marks the first generation of power at Rampion as the first turbine was brought online.Work began offshore in autumn 2015 to prepare the seabed for the turbine foundations, the first of which was installed in early 2016, with all 116 completed by November 2016. Turbine installation began in…
27 November 2017
Glomar Wave Wraps Up Rentel Wire Works
Glomar Offshore’s multi-purpose DP2 subsea support vessel Glomar Wave has executed a project for GeoSea on the 309MW Rentel offshore wind farm in the Belgian North Sea.The Glomar Wave was fitted out with an Ampelmann A-type gangway system and a Schilling Heavy Duty TMS Work Class ROV system from ROVOP.The…
27 November 2017
New Government-funded ‘Frontier’ Exploration Data Now Available
The Oil and Gas Authority today released the results of the £20 million UK Government-Funded seismic programme to promote exploration activity in under-explored areas of UK Continental Shelf. This data will support the forthcoming 31st Offshore Licensing Round which will open in mid-2018.This dataset is now available to industry and…
27 November 2017
BASF Confirms Discussions with Letter One
BASF is in discussions regarding a potential merger of BASF Group’s oil and gas activities with Letter One’s oil and gas activities bundled in the DEA Group. BASF would hold the majority of the shares in the joint enterprise. An Initial Public Offering (IPO) of the joint enterprise would be…
27 November 2017
DOF Subsea Contract Awards
DOF Subsea has been awarded several contracts, securing utilisation for vessels in the Subsea IMR Projects segment.In the Atlantic region, the contracts for Skandi Neptune and Skandi Constructor have been extended until the end of the year and end of January 2018, respectively.The Asia Pacific region has been awarded a…
27 November 2017
McDermott Takes Skandi Niteroi for Atlanta Field Campaign
Skandi Niteroi, a Brazilian-built pipelay support vessel (PLSV) owned by the joint venture between DOF Subsea (50%) and TechnipFMC (50%), has been awarded a contract by McDermott on the Atlanta Project for Queiroz Galvão.The vessel will start the contract in November, and the contract has a duration of approximately 2…
27 November 2017
Port of Blyth Decommissioning Licence Approved
Port of Blyth has announced a move into the offshore decommissioning market following confirmation of a successful application for a decommissioning licence from the UK Environment Agency.Having worked closely with the EA for 12 months prior to the environmental permit being granted, the Port is now readying a site suitable…
27 November 2017
Eni’s CEO Meets in Nicosia with the President of the Republic of Cyprus
Eni’s Chief Executive Officer, Claudio Descalzi, met today in Nicosia with the President of the Republic of Cyprus, Nikos Anastasiadis.The meeting was the opportunity to update Cyprus President on Eni’s activities in the Republic of Cyprus and jointly discuss about future opportunities. Claudio Descalzi re-confirmed the commitment of Eni to…
27 November 2017
Ofgem Appoints Preferred Bidder for Owning the Link to the Dudgeon Offshore Wind Farm
Today Ofgem has appointed Transmission Capital Partners as the preferred bidder to own and operate the high-voltage transmission link to the Dudgeon Offshore Wind Farm for the next 20 years. Transmission Capital Partners, a consortium comprising Transmission Capital Partners Limited Partnership and International Public Partnerships Limited, was selected by Ofgem…
27 November 2017
Statoil Takes Over Operatorships and Equity in the Martin Linge Field and Garantiana Discovery
Statoil and Total have agreed on a transaction whereby Statoil will acquire Total’s equity stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf (NCS). Statoil will take over both operatorships and pay Total a consideration of USD 1.45 billion.When in operation, Martin…
27 November 2017
Snadd changes name to Ærfugl
Aker BP has chosen “Ærfugl” as the new name for the 60 kilometer long gas field just west of the Skarv field.The decision came after a name contest organized in collaboration with the local newspaper Helgelands blad, where in total 88 different name suggestions came in.The Ministry of Petroleum and…
24 November 2017
Hutchinson Engineering Secures Hohe See Contract
Hutchinson Engineering Ltd (HEL) has secured a contract to provide anode cage assemblies for EnBW’s Hohe See offshore wind farm in the German North Sea.The contract, HEL’s fifth order from Smulders, includes the fabrication and supply of 264 spring systems forming 88 sets of anode cage assemblies, which will be…
24 November 2017
Kraken Awarded $750,000 Oil & Gas Contract
Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has been awarded a competitive contract valued at approximately $750,000 for the development of underwater sensors and robotics that will advance digitalization of integrated operations within Newfoundland and Labrador’s offshore oil and gas…
24 November 2017
Parkwind Offers Northwester 2 OWF Export Cable Contract
Parkwind has invited bidders for export cable for the Northwester 2 offshore wind farm.According to tender documents, the project encompasses the design, manufacture, supply, installation and termination works of the export cable for the Northwester 2 OWF.The export cable is a 225 kV 3-phase submarine cable and has an approximate…
24 November 2017
Apply Leirvik to Deliver Parts for New Valhall Platform
Living quarters and helideck supplier Apply Leirvik has been awarded a contract for the delivery of an emergency shelter and helicopter deck on the new Valhall Flank West platform in Norway. Valhall is a giant oilfield in the southern Norwegian North Sea operated by Aker BP. The contract was awarded…
24 November 2017
Eight Energy Companies Commit to Reduce Methane Emissions Within Natural Gas Industry
Joint media release sent on behalf of BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and WintershallNovember 22 2017 – BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy companies also agreed…
24 November 2017
Drilling Permit for Well 6604/5-1 in Production Licence 894
The Norwegian Petroleum Directorate has granted Wintershall Norge AS a drilling permit for well 6604/5-1, cf. Section 8 of the Resource Management Regulations.Well 6604/5-1 will be drilled from the West Phoenix drilling facility, at position 66°35' 37.43" North and 04°32' 56.54" East.The drilling programme for well 6604/5-1 relates to the…
23 November 2017
WFW Helps Investors Close Walney Extension Deal
International law firm Watson Farley & Williams (WFW) has advised institutional investors on GBP 1.3 billion investment-grade bond acquisition of a 50% stake in Ørsted’s 659MW Walney Extension offshore wind farm.Danish pension funds PKA and PFA have each acquired a 25 percent ownership interest in the deal valued at GBP…
23 November 2017
Petsec Energy Annouces First Production From Hummer Gas/Oil Field Development, Offshore Louisiana Federal Waters
Petsec Energy (the “Company”) is pleased to announce the commencement of production from the Company's Hummer Development in the Gulf of Mexico, offshore Louisiana, USA. Following the successful installation of the Main Pass 270 “B” platform deck facilities during the first half of November, the well was brought into production…
23 November 2017
Lundin Receives Consent for Exploration Drilling in the Barents Sea
Lundin is the operator for production licence 533 in the Barents Sea. We have given the company consent to drill exploration well 7219/12-3 S.Drilling is scheduled to begin in December 2017, with a duration of 50 days, depending on whether a discovery is made.The drilling location's geographical coordinates will be:72°…
23 November 2017
Swan Hunter Flexlay Spread Completes ENI OCTP Installation Campaign
Swan Hunter have successfully completed the demobilisation of a flexlay spread from the Lewek Constellation pipelay vessel. The 5500Te basket carousel and loading tower c/w tensioner were used to install flexible risers and flowlines for ENI OCTP Project.The multi-stage demobilisation included; interim offload onto storage barge in Ghana, HLV load-out…
23 November 2017
Magseis Awarded Contract in the North Sea
Magseis is in the process of finalizing a contract with an undisclosed client for the provision of a 4D seabed seismic acquisition survey in the North Sea using the company’s proprietary MASS system. Magseis will mobilise its MASS Modular crew for the project.The duration of the contract is estimated at…
23 November 2017
Fortuna FLNG Project Update
Ophir has agreed a twelve-month extension to the Block R licence, in which the Project is situated, to the end of December 2018.The Company, together with its partners in the Project, has been pursuing financing discussions with a group of Chinese banks. This process has been taking longer than expected.…
22 November 2017
Siccar Point Energy Farms Out Lyon Prospect
Siccar Point Energy E&P Limited (SPE) is pleased to announce that it has entered into a farmout agreement with Ineos UK SNS Limited (Ineos) covering two exploration licences (P.1854 and P.1935) in the West of Shetlands area, containing the significant Lyon prospect.Completion of the transaction remains subject to customary regulatory…
22 November 2017
Dudgeon Offshore Wind Farm Officially Opened
Today operator Statoil and partners Masdar and Statkraft officially open the Dudgeon offshore wind farm in Great Yarmouth, UK. Since the investment decision was made in 2014, construction costs have been reduced by more than 15%, from GBP 1.5 billion to approximately GBP 1.25 billion.All 67 turbines at the 402MW…
22 November 2017
Craig International Secures Multi-Million Pound Contract with Chrysaor
Oil and gas procurement specialist, Craig International, has bolstered its North Sea operations with the announcement of a contract with Chyrsaor. The contract is for an initial year with two one-year options included.The project will see Craig International provide its procurement services to the Armada, Everest and Lomond gas platforms.…
22 November 2017
DEA Awards Dvalin Drilling Contract to Transocean
Transocean Norway Operations AS with the drilling rig Transocean Arctic is awarded the contract to drill production wells at the Dvalin field in the Norwegian Sea.Drilling of the four production wells will start mid-2019 and the operation is planned to last 340 days. The contract value is 68 million US…
22 November 2017
BW Offshore Contract Extension for FPSO Umuroa
BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Umuroa. The FPSO is operating on the Umuroa field offshore New Zealand for Tamarind.The firm period has been extended to Q4 2018 (from Q4 2017).
22 November 2017
Wyre Tidal Project
Atlantis, a global leader in the predictable tidal marine power generation sector, announces that it has signed heads of terms with the Duchy of Lancaster for an option for the long-term lease of the riverbed required to develop the Wyre estuary tidal barrage and flood protection project (the “Project”).Feasibility studies…
22 November 2017
Minor Gas Discovery and Dry Well Northwest of 7220/11-1 (Alta) in the Barents Sea – 7219/12-2 S and 7219/12-2 A
Lundin Norway AS, operator of production licence 533, is in the process of completing the drilling of wildcat wells 7219/12-2 S and 7219/12-2 A.The wells were drilled about 20 kilometres west of the discovery well 7220/11-1 (Alta) and about 50 kilometres southwest of the discovery well 7220/8-1 Johan Castberg.The primary…
22 November 2017
Talos Energy LLC To Combine With Stone Energy Corporation
Talos Energy LLC ("Talos”) and Stone Energy Corporation (NYSE: SGY; "Stone”) today announced that their Boards of Directors have unanimously approved the combination of Talos and Stone in an all-stock transaction that will create a premier offshore-focused exploration and production company. The company will be named Talos Energy, Inc. and…