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22 November 2017
Dana Petroleum Announces First Oil from Western Isles
Dana Petroleum today announced first oil from its Western Isles development in the UK North Sea.Production started on 15 November and has continued steadily and in line with our expectations.Western Isles (Dana 77% and Cieco 23%) is now producing from the Harris and Barra oil fields in the Northern North…
22 November 2017
Funding Update - $25 Million Credit Facility Progresses
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that it has received an indicative proposal and confirmed support from two UK-based lenders for a $25 million senior secured credit facility. As previously announced on 3 November 2017, the…
22 November 2017
BP to Sell Bruce Assets to Serica
BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc. BP currently operates the assets, which comprise the Bruce, Keith and Rhum fields, three bridge-linked platforms and associated subsea infrastructure.Under the terms of the agreement, Serica will pay…
22 November 2017
Aker BP Forms Two Separate Drilling & Well Alliances
Aker BP ASA (Aker BP) has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for Jack-Ups, and one with Odfjell Drilling and Halliburton for Semi-submersibles.Both alliances are formed under the “one for all, all for one” collaboration model where the partners align around common goals to…
20 November 2017
EMO Starts Building Merkur Service Base in Eemshaven
EMS Maritime Offshore (EMO) has laid the foundation for the Merkur offshore wind farm service base in Eemshaven, the Netherlands.BV Kooi Bouwbedrijf, the general contractor for the construction work, will build a 600 m² warehouse, affiliated offices covering 500 m² spread across two floors, as well as the terminal logistics.Merkur…
20 November 2017
Industry Bodies Strengthen Partnership with New Agreement
The leading trade body for the UK’s offshore oil and gas industry, Oil & Gas UK, today signed a Memorandum of Understanding with the Society of Petroleum Engineers’ Aberdeen branch.The agreement formalises the longstanding relationship between the two industry organisations.Signatories Oil & Gas UK Chief Executive Deirdre Michie and SPE…
20 November 2017
Polarcus Secures Fully Prefunded Multi-Client Project in Australia
Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has secured high industry prefunding for the 'Zenaide' multi-client broadband 3D marine seismic project in the Bonaparte Basin, offshore Australia. The project is scheduled to commence in Q4 2017 and will run for approximately six…
20 November 2017
ZTT Enters Offshore Wind Construction Market, Orders Three Vessels
Zhongtian Technology (ZTT) has signed an agreement with China Merchants Heavy Industry for the construction of two wind turbine installation vessels (WTIVs) and one crane vessel, after the Chinese power cables manufacturer entered the offshore wind construction market this summer.For ZTT, China Merchants Heavy Industry will build two 600t non-self-propelled…
20 November 2017
Well-Centric Nets Chrysaor North Sea Contract
Well-Centric has secured a contract worth up to £300,000 per year with independent exploration and production company, Chrysaor.The one-year contract, which has two, one-year extension options, will see Well-Centric provide offshore services across three North Sea platforms: Lomond, Everest and Armada.Services include surface wellhead and xmas tree repair, testing and…
20 November 2017
Archer Limited : Statoil Exercises Option to Extend its Platform Drilling Management Contract for the Peregrino Field Development Located Offshore Brazil
Archer Limited announces that effective from the 1st December 2017, Statoil Brasil Oleo e Gas Ltda. have confirmed a 3 year extension to the Archer’s contract for the provision of Platform Drilling Management Services on the Peregrino A and B platforms located offshore Brazil. The extension awarded is the second…
20 November 2017
Final Drilling Update on Ladawan-1
Tap Oil provides the following update on exploration drilling at the Ladawan-1 exploration well in the G1/48 concession in the Northers Gulf of Thailand (Tap 30% Interest)Mubadala Petroleum Operator of the G1/48 Cocession and the Manora oil field, has advised that drilling of the Ladawan-1 exploration well has reached total…
20 November 2017
Wood Commences New Operating Partner Contract for SAGE System and Beryl Pipeline
Wood has commenced a multi-million dollar, evergreen contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitions Limited (Ancala Midstream).Wood will manage the day-to-day operation of the SAGE system, which transports gas through the 323 kilometre SAGE…
17 November 2017
Norwegian Technology Group Norbit has Acquired Field Monitoring Specialist Aptomar.
Aptomar is an international provider of products and services for integrated field monitoring. The company has delivered more than 100 field monitoring systems to oil companies and coastal authorities worldwide. Aptomar focuses on protecting the safety and integrity of offshore personnel, the environment and offshore assets by managing oil spill…
17 November 2017
India and Greece Companies Bid on Blocks Offshore Israel
The 1st Israeli offshore licensing round closed:Companies from India and Greece Bidded on Gas and Oil Exploration Blocks Offshore IsraelThe 2nd licensing round will be launched in 2018Today marked the end of the first ever competitive process in Israel for awarding oil and gas exploration licenses in its exclusive economic…
17 November 2017
Drilling Permit for Well 6506/11-10 in Production Licence 644 B
The Norwegian Petroleum Directorate (NPD) has granted OMV (Norge) AS a drilling permit for well 6506/11-10, cf. Section 8 of the Resource Management Regulations.Well 6506/11-10 will be drilled from the Deepsea Bergen drilling facility at position 65°13' 50.54" Noth and 6°25' 47.23" East. This drilling facility is currently at Averøy…
17 November 2017
ADES Awarded New Contract for ADMARINE III with GPC
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, is pleased to announce that it has been awarded a new contract for its ADMARINE III offshore jack-up rig.The contract was…
17 November 2017
Dana Reported to Have First Oil Flowing from Western Isles
The milestone moment for the development was said to have happened at 5.25pm on Wednesday night when the flare was lit.The Dana-operated Western Isles Project is the development of two discovered oil fields called Harris and Barra in the northern North Sea, 160km east of the Shetlands and 12km west…
17 November 2017
Rosneft Claims Longest Well Off Sakhalin
Rosneft as a member of Sakhalin-1 Consortium has completed drilling of the world’s longest well from Orlan platform at Chaivo field in the Sea of Okhotsk.The length of the well with horizontal completion is 15000 meters, which currently is a world record. This is a supercomplex well with DDI (Directional…
17 November 2017
Mitsui to Participate in Floating Storage and Regasification Unit (FSRU) Project in Pakistan
Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Tatsuo Yasunaga) has entered into an agreement with BW Group ("BW") to form a joint venture ("JV"), and to acquire a 49% stake in the JV to jointly own the Floating Storage and Regasification Unit ("FSRU") BW Integrity. The…
17 November 2017
Aker Solutions to Supply Umbilicals for Three Statoil Fields
Aker Solutions has won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments, offshore Norway.The order entails delivery of more than 40 kilometers in total of subsea umbilicals.“By combining the delivery for three separate projects into one order, we are able to boost efficiency and…
16 November 2017
Catcher Project Remains on Schedule
The Catcher project remains on schedule for first oil during December. The FPSO arrived on location on 18 October and the production buoy was successfully pulled into the hull. In the subsequent period the full hook-up process has been essentially finished with the risers, umbilicals and the installation of the…
16 November 2017
Catcher Project Remains on Schedule
The Catcher project remains on schedule for first oil during December. The FPSO arrived on location on 18 October and the production buoy was successfully pulled into the hull. In the subsequent period the full hook-up process has been essentially finished with the risers, umbilicals and the installation of the…
16 November 2017
STR Partners with SENSYS on UXO Detection Systems
Subsea Technology & Rentals (STR) has entered into strategic partnership with SENSYS, provider of geomagnetic and electromagnetic ground survey systems and components for land, aerial and marine environments.Specifically, this agreement will provide STR’s offshore energy customer base with exclusive access to SENSYS’s active and passive multi-channel UXO detection system which…
16 November 2017
GC Rieber Shipping: Shearwater GeoServices Awarded ONGC Survey
GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices ("Shearwater") has been awarded a 3D broadband marine seismic acquisition contract by ONGC for the planned 2017/2018 field season. The surveys are expected to take approximately five months with the main streamer vessel mobilizing to the APAC Region in the…
16 November 2017
Well-Safe Nets TAQA Deal in North Sea
Well-Safe Solutions has signed its first contract after launching in July this year.The specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani for the provision of intervention management services for all their North Sea assets.Under this call-off arrangement, Well-Safe will provide people and engineering services to…
16 November 2017
EMGS Receives Two Letters of Intent for Prefunded Multi-client Surveys Offshore Indonesia
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has received Letters of Intent for two contracts under which EMGS will perform prefunded multi-client acquisitions offshore Indonesia. The two contracts represent a combined minimum gross contract value of USD 2.8 million.Subject to inter alia final and binding contracts for…
16 November 2017
Atlantic Offshore Scotland Ltd Secures Two Year Charter with Maersk Oil UK
The company’s ERRV Ocean Troll, will provide Emergency Response and Rescue services for Maersk Oil’s Culzean project in the central North Sea. The Charter is the first Fire Fighting Class II (Fi-Fi II) ERRV to have operated in the UK sector.The charter commenced in July 2017 and will last for…
16 November 2017
EnerMech Sails Off With BAE Systems-Royal Navy Contract
EnerMech’s focus on diversification is paying off after it was awarded a significant BAE Systems contract on behalf of the Royal Navy. The Aberdeen-headquartered integrated engineering contractor will provide a Flexible Hose Assembly Management Service (FHAMS) to be used on a large number of Royal Navy vessels.The seven-year agreement, worth…
16 November 2017
Ecosse Subsea Systems Clean Up On Wikinger Offshore Wind Farm Project
Subsea technology specialist, Ecosse Subsea Systems (ESS), has successfully completed a seabed clearance and trenching scope on the Wikinger offshore wind farm in the Baltic Sea for the Prysmian Group.The campaign over 116 days deployed ESS’s SCAR1 Seabed System and dealt with extremely varied seabed and shallow soil conditions.The route…
16 November 2017
Ready for Start-up of the Maria Field
The Norwegian Petroleum Directorate has granted consent for start-up of production from the Maria field in the Norwegian Sea.The development will come on stream almost one year ahead of the original plan, at reduced costs and with slightly increased oil reserves.Production start-up is planned for December 2017, about 10 months…
16 November 2017
Kvaerner Awarded Construction Contract for Yme Support Structure
Kvaerner has been awarded a contract with Repsol Norge AS for the construction of a permanent caisson support structure for the Yme New Development project.The contract, with a value of around NOK 70 million, is a construction contract. Kvaerner's scope includes procurement of materials and construction of the Yme support…
15 November 2017
Siem Moxie Supports Rentel OWF Inner Array Cable Installation
Siem Offshore Contractors’ walk-to-work installation support vessel Siem Moxie has began work to support the completion of the inner-array grid cable installation on the Rentel offshore wind farm off the coast of Belgium.SOC’s Siem Moxie went on charter to Tideway, part of Belgian DEME, to support the installation scope.The Rentel…
15 November 2017
Sapura Energy Nets Multiple New Contracts
Sapura Energy Berhad has, through its subsidiaries, secured several contracts with a combined value of approximately RM 1.47 billion ($352.6 million).In Malaysia, Sapura Offshore has been awarded contracts to undertake the 2018 scope of work in relation to the Pan Malaysia transportation and installation of offshore facilities for Petronas and…
15 November 2017
Eni Signs an Exploration and Production Sharing Agreement for Block 52, Offshore Oman
The Government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP), a subsidiary of state company Oman Oil Company SAOC (OOC), and Eni today entered into an Exploration and Production Sharing Agreement (EPSA) for Block 52, located offshore Oman.The signing ceremony was attended by the Minister of…
15 November 2017
OMV Norge AS Receives Consent for Exploration Drilling in the Norwegian Sea
OMV Norge AS (OMV) is the operator for production licence 644 in the Norwegian Sea. We have given the company consent to drill exploration well 6506/11-10 in a prospect named Hades & Iris.Drilling is scheduled to begin on or after 1 December 2017, with a duration of around 142 days,…
15 November 2017
Drilling permit for wellbore 30/8-5, Tune Statfjord, in production licence 190
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 30/8-5, cf. Section 8 of the Resource Management Regulations.Wellbore 30/8-5 will be drilled from the Deepsea Atlantic drilling facility at position 60°20’ 15.43" north and 02o36’ 15.58" east following completion of drilling for Statoil in production…
15 November 2017
Upper Zakum Field Production Capacity to Increase to 1 Million Barrels Per Day
Abu Dhabi National Oil Company (ADNOC), ExxonMobil Abu Dhabi Offshore Petroleum Company Limited and Japan’s INPEX Corporation (INPEX), announced today, on the side lines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), an agreement to increase production capacity from the Upper Zakum oil field to 1 million barrels…
15 November 2017
SBM Offshore Starts Liza FPSO Conversion with Tanker Arrival at Yard
Following SBM Offshore’s completion of the Front End Engineering and Design (FEED) and a final investment decision on the Liza Phase 1 Development project by ExxonMobil in June 2017, SBM is delighted to announce the next step in its scope for the floating production, storage and offloading vessel (FPSO).The arrival…
14 November 2017
Blauwwind Secures EIB Funding for Borssele Offshore Wind Farm
The European Investment Bank (EIB) has approved project financing for the Blauwwind offshore wind farm located in the Borssele III and IV zones in the Dutch part of the North Sea.EIB did not disclose the amount of financing it will provide for the project with an approved capacity of up…
14 November 2017
McDermott (MDR) Secures New EPCI Contract in Arabian Gulf
Energy-focused engineering and construction company McDermott International, Inc. MDR recently announced that it has received an engineering, procurement, construction and installation ("EPCI") contract from a customer in the Middle East. The news follows the company's strong third-quarter results, which showed a 72% year-over-year increase in quarterly revenues.McDermott's customer in the…
14 November 2017
Premier Oil to Extend Charter of Teekay’s Voyageur Spirit Until April 2019 in North Sea
Premier Oil intends to keep the Voyageur Spirit floating production storage and offloading (FPSO) vessel at the Huntington field in the North Sea until April 2019.The operator has entered into a heads of terms with the vessel owner Teekay to continue production from the field using the flagship facility.The original…
14 November 2017
Shell Upsizes Sell Down of Shares in Woodside
Further to the announcement on November 13, 2017, Royal Dutch Shell plc (“Shell”) confirms that, following strong demand from institutional investors, Shell Energy Holdings Australia Limited (“SEHAL”) has upsized its previously announced agreement to sell shares in Woodside Petroleum Limited (“Woodside”). A total of 111.8 million shares were agreed to…
14 November 2017
Africa Oil and Eco (Atlantic) Oil and Gas Announce Strategic Partnership
Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") (TSX:AOI) (OMX:AOI) is pleased to announce that it has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. (TSXV:EOG or AIM:ECO) for exploration in West Africa and Guyana. Under the terms of an investment agreement (the "Investment Agreement"),…
14 November 2017
Completion of Major Acquisition Offshore Holland
Hague and London Oil PLC is pleased to announce that, following the overwhelming shareholder approval of the acquisition of Tullow 101 Netherlands B.V. received at the General Meeting on 1 November 2017, the transaction has now successfully completed. As a result, the ownership of interests in a portfolio of offshore…
14 November 2017
Consent for Exploration Drilling in the North Sea
Aker BP is the operator for production licence 340 in the North Sea. We have given the company consent to drill exploration well 24/9-12 S.Drilling is scheduled to start during November 2017.The well's geographical coordinates will be:59° 20' 58.94'' N01° 49' 48.47'' EWater depth at the site is around 120…
14 November 2017
WA Company Snaps up Equus Gas Project from Hess
A newly formed WA company has acquired the undeveloped Equus gas project off the North West from US energy company Hess with a view to supplying domestic gas to the State.Privately-owned Western Gas said the timing was right to develop the field given the Australian Energy Market Operator had warned…
14 November 2017
MV Kobi Ruegg Joins Fugro's Survey Vessel Fleet
The newly named MV Kobi Ruegg has joined Fugro’s vessel fleet and is set to begin her first project in the Egyptian sector of the Mediterranean Sea.Working on behalf of Saipem, Fugro will deploy its large diameter piston core system to collect soil samples in the Zohr gas field; geophysical…
14 November 2017
UK Ship Register Signs its First Unmanned Vessel
The UK Ship Register has signed its first ever unmanned vessel to the flag, showing how it is adapting to the changes of the maritime industry ASV’s C-Worker 7 will be used for work such as subsea positioning, surveying and environmental monitoring. It can be used under direct control, semi-manned…
14 November 2017
Seaway Heavy Lifting Gears for Another Beatrice Jacket Setup Campaign
The second part of the foundation installation campaign at the Beatrice offshore wind farm site will start with the return of the Seaway Heavy Lifting’s largest vessel, Oleg Strashnov, and its associated support vessels.The vessel is scheduled to carry out the installation works for approximately one month, starting November 16.Eighty…
14 November 2017
Scotland’s National Hyperbaric Centre Has Been Given a Multi-Million Pound Redevelopment.
The Aberdeen based centre provides subsea pressure testing expertise to the offshore industry as well as housing a rescue centre for people who have suffered decompression sickness.The extension, first announced in November 2016, now accommodates the next generation of larger hyperbaric lifeboats.Self-propelled hyperbaric lifeboats are pressurised and can be used…