Search News

Latest News

5 September 2017

Braveheart Marine Christens Fourth Javelin to Patriot

MultipurposeThe Javelin is a multipurpose vessel. The vessel is suitable for hydrographic survey, crew tender and support activities like, transport of equipment or cargo, diving support, windfarm support and guard vessel operations. The Javelin 25.25 is able to operate 24 hours a day, seven days a week past the 200…

5 September 2017

PetroSA and Rosgeo Sign Multi-Million Dollar Agreement to Develop Oil and Gas Blocks in South Africa

The agreement was signed in the presence of Ministers of Energy at the 9th Annual Brics Summit currently underway in Xiamen, Peoples Republic of China. The project envisages extraction of up to 4 million cubic metres of gas daily. This will subsequently be delivered to PetroSA’s Gas-To-Liquids refinery, in Mossel…

5 September 2017

Apply Sørco awarded contract extension for the M&M contract with Lundin Norway on Edvard Grieg

5 September 2017

PV Drilling Announces Contract for the Drilling Rig "PV Drilling I"

4 September 2017

Sterling Energy Announce Govt Sponsorship of 2D Seismic Program

Sterling Energy Plc (“Sterling” or the “Company”), the AIM listed oil and gas exploration and production company (AIM: SEY), is pleased to announce that the Government sponsored 2D seismic program of 1,000kms full fold data on the Odewayne Block was completed on the 24th August 2017. This part of the…

4 September 2017

Swire Seabed and Seabed Solutions Team Up to offer Dredging Services

Swire Seabed and Seabed Solutions have signed an exclusive cooperation agreement for the provision of subsea dredging services worldwide.The expertise of the two companies is complementary, with Swire Seabed providing the Seabed Excavator, a state-of-the-art tracked subsea dredging vehicle with numerous capabilities, and Seabed Solutions years of dredging competence and…

4 September 2017

DOF contract awards

The DOF Group has been awarded two contracts for the provision of the multipurpose support vessel (MSV) Skandi Skansen and the platform supply vessel (PSV) Skandi Caledonia in the Mediterranean.The contracts will commence in 4th quarter and secure utilisation of 90 days plus options for the Skandi Skansen and 300…

4 September 2017

Australia, East Timor reach agreement on maritime border

Australia and East Timor have reached a breakthrough agreement on a maritime border, ending a decade-old row between the two nations that has stalled a $40 billion (£38 billion) offshore gas project.The Permanent Court of Arbitration in The Hague announced on Saturday that the neighbouring countries had reached an agreement…

4 September 2017

Island Innovator to drill Fogelberg appraisal well

Centrica has awarded Island Drilling the contract for drilling an appraisal well at the Fogelberg discovery. The ‘Island Innovator’ drilling rig is scheduled to start operations at Fogelberg in the Norwegian Sea in February/March 2018. Dag Omre, Asset Director at Centrica Norway, said: “Island Innovator is a modern rig built…

4 September 2017

Total Divests its Remaining 15% Interest in Gina Krog Field in Norway to KUFPEC

Total has signed an agreement to divest its remaining 15% interest in the Gina Krog field in Norway to Kuwait Foreign Petroleum Exploration Company (KUFPEC). This agreement builds on the 2016 transaction between Total and KUFPEC concerning Norwegian North Sea assets, which included a 15% interest in Gina Krog. The…

4 September 2017

Further improvements on Johan Sverdrup

Continued quality in project delivery and execution enables the Johan Sverdrup partnership to further reduce investment costs for the first phase of the development by NOK 5 billion to NOK 92 billion.The Johan Sverdrup development passed the halfway mark over the summer, and is now nearly 60% complete, ahead of…

1 September 2017

Offshore Start-up Borr Drilling Aims to Expand FleeT, Keep Costs Low

Borr Drilling, the Norwegian drilling start-up, which listed on the Oslo exchange on Wednesday, said it aimed to expand its fleet, taking advantage of its low cost base. “We have no debt,” Borr’s Chief Executive Simon Johnson told Reuters after its shares started trading on Oslo’s main market. They were…

1 September 2017

CGG Signs Agreements with Mozambique Ministry for Vast Offshore Multi-client Program

1 September 2017

ASX Announcement

Under the new contracts with NCOC, Synertec will be providing the design and supply of instrumentation, electrical and mechanical equipment directly to the business.NCOC is the operator of activities under the North Caspian Sea Production Sharing Agreement(“NCSPSA”). Assets within the 5,600-square kilometer NCSPSA contract area include the giant. Kashagan field,…

1 September 2017

Maersk Connector Completed Loading Two 59KM Long 400KV HVDC XPLE Cables for Nemo Link

The vessel is now on her way to the UK coast near Ramsgate where she will commence the installation of the cables. The cables will be buried by DeepOcean’s T3200 trencher, the world’s most powerful subsea trencher. The second phase of the project is scheduled to be completed by DeepOcean…

1 September 2017

Bureau Veritas Releases New Rules for Offshore Service Vessels and Tugs

Gijsbert de Jong, Bureau Veritas Marine Marketing and Sales Director, said: “With this new publication Bureau Veritas provides the industry with a clear framework for the classification of offshore service vessels and tugs based on an end-user friendly system of class notations reflecting the terminology used by the industry. This…

1 September 2017

First Offshore Vessel with DNV GL's Shore Power Class Notation

By tapping into an onshore electrical supply, vessels not only reduce their fuel consumption, but they also eliminate the associated emissions. This will have a marked improvement on the air quality in the port and surrounding environment, cutting PPM, NOx, SOx and reducing CO2 by using more efficient shore-based electricity.…

1 September 2017

Saipem: New Awards in the Offshore E&C Sector Worth Approximately 370 Million USD

Furthermore, in the framework of its Maintenance, Modifications and Operations (MMO) activities, once again in the Offshore E&C sector, Saipem has acquired from Eni Ghana Exploration & Production Ltd. a contract for the engineering, procurement and construction of the infrastructures needed to boost the capacity of the gas stations situated…

31 August 2017

MeyGen Operation & Production Update

Atlantis, a global leader in the marine power generation sector, provides an operational update for Phase 1A of the MeyGen project in the Pentland Firth. As expected, the third Andritz Hydro Hammerfest ("AHH") turbine was reinstalled during the August neap tide this week. The offshore works were very successfully and…

31 August 2017

Industry Commitment to Collaboration Demonstrated in Infrastructure Access Guidance

An update of the Code of Practice on Access to Upstream Oil and Gas Infrastructure on the UK Continental Shelf (known as the ICoP) is published by Oil & Gas UK today (August 30).The intention of the code of practice is to encourage companies to conduct timely and constructive negotiations…

31 August 2017

UK Government Committed to Maximising Economic Opportunity in North Sea

New Energy Minister Richard Harrington has told oil and gas leaders they have the ‘full support’ of the UK government.New Energy Minister Richard Harrington has told oil and gas leaders they have the ‘full support’ of the UK government in maximising the economic opportunity in the North Sea during his…

31 August 2017

KUFPEC Doubles its Interest in the Gina Krog Field, Norway

KUFPEC Norway AS has reached agreement to acquire a 15% interest in the Gina Krog field from Total E&P Norge AS, a wholly-owned subsidiary of TOTAL S.A., for a consideration of $317 million with effective date of 1 January 2017.KUWAIT, 30 August 2017- Kuwait Foreign Petroleum Exploration Company k.s.c. (“KUFPEC”)…

31 August 2017

Mexico's Pemex Given Two-year Extension to Keep Oil, Gas Blocks

Mexico’s energy ministry on Monday said it had approved a two-year deadline extension for national oil company Pemex [PEMX.UL] to invest in 101 oil and gas exploration blocks it was granted in 2014 under the government’s sweeping energy reform.The leases on the blocks were set to expire last weekend. Reuters…

31 August 2017

Baker Hughes, Awarded Second Major Contract for ENI East Africa's Coral South FLNG

Baker Hughes, a GE company (NYSE: BHGE) has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique, underlining the company’s position as the world’s first and only integrated fullstream provider of products, services and digital solutions that maximize productivity, efficiency and cost reduction.The…

31 August 2017

Aker Solutions Wins Brownfield Modifications and Maintenance Support Contract From Shell in Norway

Aker Solutions secured a framework agreement from Shell to provide brownfield modifications services and maintenance support for the Nyhamna and Draugen facilities in Norway.The agreement has a fixed period of four years and may be extended by up to seven years. It covers the offshore Draugen oil platform and the…

31 August 2017

Lundin Spuds Exploration Well on the Borselv Prospect

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea.The well is located on-trend north of the Alta and…

30 August 2017

Bladt Ships Out First Beatrice Jackets

The first four jacket foundations for the Beatrice offshore wind farm left the Bladt Industries’ site in Lindoe, Denmark, last week.Bladt will provide 30 four-legged jacket foundations for Beatrice in total. They will be up to approximately 70 metres tall and will weigh up to 940 tons, which will make…

30 August 2017

Nord Stream Piepeline Maintenance Set for September

Nord Stream AG said it will be conducting long-planned annual maintenance works on its twin gas pipelines system between September 11 and 22, 2017.This routine maintenance work will require a temporary shutdown of both lines.“The Nord Stream AG twin pipeline is a state-of-the-art gas infrastructural technology. Since the Nord Stream…

30 August 2017

Energean Gets Nod for Israeli Karish and Tanin Gas Fields

Energean Israel, a 50/50 joint venture between Energean and Kerogen Capital, has received approval from the Israeli Petroleum Commissioner for its field development plan (FDP) for the Karish and Tanin natural gas fields, offshore Israel.The FDP application was submitted on June 20, 2017.Energean Israel owns 100 per cent of the…

30 August 2017

LIC Selected as Subcontractor for Kriegers Flak

LIC will provide design solutions for the 600 MW offshore windfarmLIC's tasks cover FEED, conceptual design and detailed design of secondary steel and interfaces to primary steel, electrical works and WTG supplier requirements and is a continuation of the frame agreement that was signed earlier this year .LIC are also…

30 August 2017

Trio Compete for Pluto Water Module Contract

THREE major oil and gas services companies are competing for a contract to retrofit a processing module on the Pluto offshore production platform off Western Australia.The workscope covers the detailed design, procurement, fabrication, installation, hook-up, pre-commissioning and commissioning of a 1500-tonne water-handling module to be fitted on the platform, said…

30 August 2017

Carnarvon Firms up Buffalo Resources

Perth-based Carnarvon Petroleum has firmed up resource estimates for the Buffalo field off the coast of Western Australia.The company revealed Monday independently audited volumetric estimates of contingent resources placed the best estimate contingent resources at the field at 31.1 million barrels of oil.It added that this represented a revenue generating…

30 August 2017

Aqualis Offshore Completes Ichthys Venturer FPSO Station Keeping Job

Marine and offshore engineering consultancy Aqualis Offshore has successfully completed its position keeping role for the Ichthys Venturer FPSO which is now fully moored in Australian waters.On 14 August, operator INPEX announced that the Ichthys Venturer FPSO had arrived in Australian waters, 220 kilometres off the north coast of Western…

30 August 2017

Petrobras Says Test Production In Libra Area To Start In Weeks

Oil production from the first rig to operate in Brazil's offshore Libra area should start in late September or October, an official at state-controlled oil company Petroleo Brasileiro SA said on Tuesday.Technical problems delayed officials' previous forecast of a July start for the rig."We are talking about two or three…

30 August 2017

Total Starts-up Production of the Edradour & Glenlivet Fields in the West of Shetland

Total has started-up production from the Edradour & Glenlivet gas and condensate fields, located in about 300 to 435 metres of water in the West of Shetland area, close to the Laggan-Tormore fields which came on stream in February 2016. The Edradour and Glenlivet development will bring additional production capacity…

29 August 2017

Locals Back Vattenfall’s Thanet Extension Plans

60% of recently surveyed residents in Thanet and Sandwich Bay support Vattenfall’s plans to extend the existing 300MW Thanet offshore wind farm (TOW).Commissioned by the Swedish energy group Vattenfall, the independent survey was conducted by Lake Market Research in May and it included 748 residents.The survey showed that 60% of…

29 August 2017

Sea Challenger Loads Final Dudgeon Turbine Parts in Hull

A2SEA’s wind turbine installation vessel Sea Challenger has loaded the final set of wind turbine components for the 402MW Dudgeon offshore wind farm project at the Port of Hull.In total, the vessel made 17 runs between the load out port in Hull and the installation site some 32 kilometres off…

29 August 2017

Wikinger Turbine No. 56 Rises in the Baltic Sea

Fred. Olsen Windcarrier’s jack-up Brave Tern has installed 56 out of 70 Adwen 5MW wind turbines on the Wikinger offshore wind farm in the German Baltic Sea, Iberdrola, the owner and developer of the project, told Offshore WIND.Iberdrola expects to install two more turbines by the end of August, with…

29 August 2017

N-Sea’s Inaugural Cameroonian Contract Underway

N-Sea, a subsea IMR provider, has began work in the Cameroonian offshore market, via a contract win with Jumbo Offshore, a Dutch offshore lifting and transportation company.With phase one completed in mid-July, the project takes place off the shores of Cameroon’s South Province, as a part of the Hilli Episeyo…

29 August 2017

Cooper Energy’s $355 Million Sole Gas Project off the Victorian Coast has Been Approved by the Company

COOPER Energy will build a $355 million gas project off the Victorian coast and increase its production fivefold by 2020 after signing off on its Sole gas project.The Adelaide company said five years of patient work had come to fruition with the deal, which involves raising $250 million in debt,…

29 August 2017

Statoil Falls Short at Korpfjell

Statoil and partners have proven a small, non-commercial gas volume in the Korpfjell well in the Barents Sea southeast.Korpfjell is the first exploration well drilled in the Norwegian section of a formerly disputed area between Norway and Russia.“Korpfjell is a structure of a size seldom seen on the Norwegian Continental…

29 August 2017

Delineation of the 7220/11-1 (Alta) Oil and Gas Discovery in the Barents Sea – 7220/11-4 and 7220/11-4 A

Lundin Norway AS, operator of production licence 609, has completed the drilling of appraisal wells 7220/11-4 and 7220/11-4 A on the 7220/11-1 (Alta) oil and gas discovery.The wells were drilled about two kilometres south of the discovery well 7220/11-1, about three kilometres north-northeast of the appraisal wells 7220/11-3 and 7220/11-3…

29 August 2017

Sverdrup Module Sees the Light of Day

On Saturday morning, the drilling support module (DSM) was moved out of the North Sea Hall in Haugesund and onto the barge that will carry the module to Klosterfjorden later this month.In Klosterfjorden, the DSM will be connected with the other two modules, which together will comprise the drilling platform…

29 August 2017

New FPSO Assignment to Aibel

Aibel’s yard in Haugesund has been awarded a significant contract to prepare Teekay’s Petrojarl I FPSO for redeployment.Petrojarl I is expected to arrive at the yard by the end of August and to remain docked for approx. one month. During this time, Aibel will prepare the FPSO for redeployment at…

29 August 2017

Goanna Exploration Well Commences

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce the commencement of the Goanna exploration well 39/9-22 S (Faroe 30%) in licence PL 881.The Goanna licence is located in the northern part…

29 August 2017

TechnipFMC Awarded EPCI Contract for the Husky Energy West White Rose Project in Canada

TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Husky Energy for the West White Rose Project in Eastern Canada.The contract covers the supply and installation of subsea equipment including tie-in manifolds, flexible flowlines, and control umbilicals, which will connect the recently announced West White Rose…

28 August 2017

IKM Cleandrill Lands Absheron Gig

Early 2018 IKM Cleandrill will start its first offshore operations in the Caspian Sea, after being awarded a contract for riserless mud circulating system services by Total E&P ABSHERON BV on behalf of JOCAP, Joined Operating Company for Absheron Project, JV between SOCAR (50%) and TOTAL (50%).The contract will include…

28 August 2017

Positive Signs at Fatala-1

Early indications from the keenly watched Fatala-1 wildcat being drilled by Hyperdynamics off Guinea support its geological model, according to the US explorer.The top portion of the well - the deepest ever to be drilled off Africa - has been completed and it has now reached a depth of 4270…

28 August 2017

BW Catcher Commenced Transit to the North Sea

BW Offshore is pleased to announce the sail away of the FPSO BW Catcher. The vessel has left Keppel Shipyard in Singapore and is currently in transit to the Catcher field in the central North Sea.BW Catcher is expected to reach UK waters early in the fourth quarter, depending on…

28 August 2017

Forum Takes Over Global Tubing, Gets Quantum as Major Shareholder

Forum Energy Technologies has signed a definitive agreement to acquire the membership interests in Global Tubing from its joint venture partner Quantum Energy Partners.As part of the transaction, Forum will also acquire management’s interest in the joint venture and repay Global Tubing‘s net debt.The aggregate transaction value is approximately $237…