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3 July 2017
New Oil Discovery in Kayak Well for Statoil
Statoil and partners Eni and Petoro have made an oil discovery in the Kayak well in the Johan Castberg licence, in the Barents Sea, offshore Norway.Totaling between 25 and 50 million barrels of recoverable oil equivalents, the discovery may provide valuable additional volumes for the Johan Castberg development, Statoil said.The…
30 June 2017
Ramco Secures Tubular Management Contract in Australia
Ramco, an international specialist in the care and maintenance of oil country tubular goods (OCTG) has signed a five year contract with Marubeni Itochu Tubulars Oceania (MITO) in Australia.The AUD 7 million deal involves Ramco’s Western Australia operation, providing total tubular management services such as the storage, care, maintenance and…
30 June 2017
Two in Face-off for Shwe Phase Two FEED Work
South Korean operator Posco Daewoo has shortlisted two leading offshore groups to take part in a front-end engineering design contest for the second development phase of its Shwe project off Myanmar.At least three sources closely associated with the project’s tender process stated that Daewoo is thought to have chosen a…
30 June 2017
EMGS Enters Barents Sea Multi-Client Sales Agreement
Electromagnetic Geoservices ASA (EMGS) has entered into a prefunding and late sales agreement related to 3D CSEM data surveys in the Barents Sea in Norway.The agreement represents revenues of approximately USD 2.5 million, the company said.The data will be acquired during the second half of 2017.EMGS did not reveal the…
30 June 2017
Start of Construction for SSCV OOS Serooskerke
A steel cutting ceremony has signaled the start of construction for the first of two new build Semi-Submersible Crane Vessels(SSCV), the OOS Serooskerke, on time according to the planned phases within the project.Holding OOS International Group B.V. and China Merchants Industry Holdings welcomed governmental officials to the shipyard in Haimen…
30 June 2017
Hurricane Energy to Raise $520m to Fund North Sea Field
Hurricane Energy plans to raise $520 million for test drilling at its Lancaster oilfield in the North Sea, a major milestone for the project that could breathe new life into the ageing offshore basin.The plans include placing new shares expected to raise a minimum of $300 million at 32 pence…
30 June 2017
Eni Gets Nod for Diving Ops at Goliat
Eni Norge AS has received consent from the Petroleum Safety Authority Norway to perform manned underwater operations in connection with repairs and improvements at Goliat field.Goliat is an oil field in the Barents Sea, around 50 kilometres south-east of Snøhvit. The field has been developed using a floating production unit…
30 June 2017
Subsea 7 Announces Acquisition of Certain Businesses of EMAS Chiyoda Subsea
Subsea 7 S.A. today announced the acquisition of certain businesses of EMAS Chiyoda Subsea. The acquisition, under a US bankruptcy code Chapter 11 Plan of Reorganisation, was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas and became effective on 29 June 2017.Jean Cahuzac, CEO, said: “In…
30 June 2017
BP 2Q 2017 Exploration Highlights
BP said today that it continues to make progress in shifting its exploration portfolio toward natural gas and advantaged oil.As first described to the financial community in 2016, BP is actively reviewing its exploration activities and refocusing them on growth in natural gas and advantaged oil in regions where BP…
30 June 2017
Prelude FLNG Leaves Samsung Heavy Industries Shipyard
The Prelude FLNG project has reached a major milestone, leaving the Samsung Heavy Industries shipyard in Geoje, South Korea and starting its journey to North West Australia where the next phase of the project, hook up and commissioning, will commence.
30 June 2017
DNO Completes Acquisition of Origo Exploration
DNO ASA, the Norwegian oil and gas operator, today announced the completion of the acquisition of Origo Exploration Holding AS, a privately-held oil and gas exploration company with a focus offshore Norway and the United Kingdom.The transaction has been approved by regulatory authorities in both Norway and the United Kingdom.Rebranded…
29 June 2017
Korpfjell Under Safety Scrutiny
Statoil has been subjected to an audit by Norway’s safety watchdog of its planning for a high-profile wildcat in the Barents Sea that is part of an ongoing exploration effort in the Arctic play as it faces heightened scrutiny over its activities after an earlier string of incidents.The audit carried…
29 June 2017
VBMS Utilizes JFSE Equipment for Subsea Cable Repair
Subsea excavation experts James Fisher Subsea Excavation (JFSE) is providing equipment and personnel to subsea power cable installation specialist VBMS for several concurrent projects.The company’s Twin R2000 spread, coupled with its patented water jetting system, is supporting offshore wind farm cable repairs and maintenance at locations throughout Europe.Kenneth Mackie, managing…
29 June 2017
Buss Orange Blue Terminal to Store Structures for Merkur OWF
The Buss Orange Blue Terminal signed a contract with offshore wind farm constructor GeoSea for the handling and storage of the transition pieces for the fundamental structures of the Merkur wind farm.Harbour project logistics manager and consultant Buss Offshore Solutions, based in Hamburg, will assume the project planning and project…
29 June 2017
Duo Hunt for Rigs for Phoenix Campaign
Australian duo Quadrant Energy and Carnarvon Petroleum are still in the hunt for rigs to drill at least two wells in the Phoenix project area off Western Australia early next year. Carnarvon said Thursday that operator Quadrant was in the final stages of evaluating tenders for a semi-submersible to drill…
29 June 2017
Lundin Gains Borselv Permit
Lundin Norway has secured a permit from the authorities to drill a wildcat at the Borselv prospect in the Barents Sea off Norway.The country subsidiary of Sweden’s Lundin Petroleum aims to kick off drilling of the probe in its operated production licence 609 in the prospective Loppa High play next…
29 June 2017
Drilling Permit for well 7220/6-3 in production licence 609
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/6-3, cf. Section 8 of the Resource Management Regulations.Well 7220/6-3 will be drilled from the Leiv Eiriksson drilling facility at position 72° 43' 41.13'' north and 20° 50' 54.68'' east.The drilling programme for well 7220/6-3 relates…
29 June 2017
Deepocean Awarded Export Cable Installation Contract by NSW for the Merkur Offshore Wind Farm in Germany
DeepOcean has been awarded a contract by Norddeutsche Seekabelwerke GmbH (NSW) for export cable transportation, installation and trenching services, all related to the Merkur offshore wind farm development located in the German Bight.Project DescriptionThe Merkur offshore wind farm is located 45km north of the island Borkum in the North Sea,…
29 June 2017
ESVAGT SOV for MHI Vestas Ready for Sea Trials
The service operation vessel for MHI Vestas Offshore Wind in Belwind 1 has been launched.The new build, H-048, has just been launched at the Cemre Shipyard in Turkey, where the vessel is being fitted out before sea trials commence at the end of September.The vessel is the latest development of…
29 June 2017
Keppel Secures Conversion and Repair Projects Worth S$85 Billion
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), won four contracts worth a total of S$85 million for the conversion, repair and modification of vessels.Mr Chor How Jat, Managing Director (Conversions and Repair), Keppel O&M and Managing Director, Keppel Shipyard,…
29 June 2017
PSC Agreements Blocks 59 & 60
Staatsolie and the consortium consisting of ExxonMobil, Hess and Statoil have reached an agreement regarding a PSC for Block 59 offshore Suriname. At the same time an agreement was reached with Statoil for Block 60. The blocks were awarded to the consortium and Statoil as a result of Staatsolie’s ‘Open…
29 June 2017
Wood Group Wins Husky White Rose Engineering Contract
Husky Energy has awarded Wood Group a multi-million dollar contract to complete detailed engineering for the topsides of White Rose, a concrete gravity-based structure wellhead platform planned for offshore eastern Canada. The project includes procurement services and engineering design work.The Wood Group team has identified several project innovations to significantly…
29 June 2017
OGA Provides New Estimates on the Cost of UK Oil and Gas Decommissioning
The Oil and Gas Authority (OGA) has published a report which provides a new cost estimate for offshore oil and gas decommissioning in the UK Continental Shelf (UKCS).With a shared objective of both industry and government to reduce decommissioning costs, the OGA has set industry a target to reduce costs…
29 June 2017
Snorre Saga Continues
Snorre was originally expected to be shut down three-four years ago. The government is now awaiting new plans to extend the producing life of this North Sea field until 2040 or beyond.The Snorre reservoir is regarded as complex, and has given many an expert headaches since its discovery in 1979.…
28 June 2017
Sapura Completes Prelude Well Intervention Work
Malaysia’s Sapura Energy has wrapped up a light well intervention campaign at Shell’s Prelude floating liquefied natural gas development off the coast of Western Australia.The work involved the retrieval of eight suspension plugs from seven wells at the Prelude field and was carried out under the five-year call-off service agreement…
28 June 2017
ESS Wraps Up Beatrice Seabed Clearance Project
Ecosse Subsea Systems (ESS) has completed a 14-day seabed clearance project on the Beatrice offshore wind farm project, located approximately 13 kilometers off the Caithness coast.ESS deployed its SCAR2 Seabed System from the Siem Ruby vessel on behalf of client Siem Offshore Contractors. Several hundred boulders were removed over a…
28 June 2017
Trading Statement and Operational Update - Tullow Oil
Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June 2017.This is in advance of the Group’s Half Year Results, which are scheduled for release on Wednesday 26 July 2017. The information contained…
28 June 2017
Vantage Drilling International Announces Letter of Award for the Platinum Explorer
Vantage Drilling International ("Vantage" or the "Company"), announced today, that its ultra-deepwater drillship, the Platinum Explorer, has received a letter of award for a three year contract from Oil and Natural Gas Company (ONGC). The Platinum Explorer is planned to mobilize to India in the fourth quarter of 2017. Expected…
28 June 2017
Barossa Appraisal Program Successfully Completed, Strengthening Darwin LNG Backfill Project
Santos today announced positive results from the two-well appraisal drilling campaign in the Barossa field, strengthening the field’s position as lead candidate to supply backfill gas to Darwin LNG. Well logs and pressure data from the Barossa-5 and Barossa-6 wells confirm that the primary Elang reservoir section is gas saturated…
28 June 2017
Repsol Sinopec Produces First Gas from Cayley Field in Montrose Area
First gas has been delivered on schedule from the Cayley field, the third and final new discovery to be brought on stream during the major redevelopment of the Montrose Area in the Central North Sea operated by Repsol Sinopec Resources UK.Repsol Sinopec has a 58.97% working interest and Marubeni Oil…
28 June 2017
Brynhild Transaction Between Lundin Norway and CapeOmega
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) on 27 June 2017 entered into a sales and purchase agreement with CapeOmega AS (CapeOmega) to divest a 39 percent working interest in the Brynhild field in PL148 in the Norwegian North…
28 June 2017
OMV Award Island Drilling with Drilling Contract
Island Drilling Company AS, is pleased to announce that the company has been awarded a drilling contract with OMV Norge AS. The contract is for 1 (one) well at the Wisting license (PL 537) with the rig Island Innovator. Start-up is scheduled for 3rd quarter 2017. Island Innovator is currently…
28 June 2017
Statoil Awarding Contracts to Five Ship Owners
The award by Statoil covers seven supply vessels at a total contract value of NOK 3.1 billion, including options. All vessels will be equipped with hybrid battery operation, and the possibility of shore power connection. “We look forward to a long-term cooperation with the chosen ship owners. The contracts will…
27 June 2017
Skandi Neptune Gets Canada Job
DOF Subsea has been awarded a subsea oil field support project offshore Newfoundland for a Canadian operator.The contract award follows another win in Canada this month for the multipurpose vessel Skandi Chieftain hired for a 5-month campaign.For this new project the ROV construction support vessel Skandi Neptune will be utilized.…
27 June 2017
Wood Wins Greek FSRU Study Deal
Greek player Gastrade is reviving plans for a liquefied natural gas terminal in the north of the country, handing Wood Group a front-end engineering and design contract for a floater.Aberdeen-based Wood will work on the proposed Alexandroupolis Independent Natural Gas System, which looks set to use a floating storage and…
27 June 2017
GE Inks Coral South Subsea Deal
GE Oil & Gas has signed a long-term agreement to collaborate with Eni East Africa (EEA), on the offshore Mozambique developments it operates.The agreement comprises a multi-year contract to supply subsea production systems, ancillary equipment and services. It covers the Coral South FLNG project and is the first phase of…
27 June 2017
Vietnam’s Thien Nam Positioning Selects Sonardyne Subsea Technology
Vietnam-based Thien Nam Positioning JSC has selected subsea technology from Sonardyne that tracks the position of divers and remotely operated vehicles (ROVs) as they carry out surveys and inspections, to supports its offshore activities in the region.The Mini-Ranger 2 Ultra-Short BaseLine (USBL) acoustic tracking system, the first to be delivered…
27 June 2017
Prysmian Wins More Work in Venetian Lagoon
Prysmian said it has secured a series of addition work with Terna Rete Italia — originally included as option — to be added to the Venetian Lagoon submarine power cable links project.The initial €34 million contract for two 14 km and 6 km long high voltage alternate current (HVAC) 132…
27 June 2017
Seatronics Provides Equipment for Oilfield Contractor in Brazil
Seatronics, a marine electronic equipment specialist in subsea services group Acteon, has supplied subsea equipment to an undisclosed oilfield services provider for a project in Brazil.The equipment sale included ROV Survey sensors, which were interfaced to Seatronics RTS Gen5 MUX ROV multiplexer.All the equipment was connected with the company’s in…
27 June 2017
Source Work in South America for Osprey Explorer
SeaBird Exploration is pleased to announce that it has signed an agreement to provide a source vessel for an upcoming survey in South America. The project is anticipated to commence during Q3 and will have a duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the…
27 June 2017
The Oseberg Vestflanken 2 Platform Left Heerema Zwijndrecht
At Heerema Zwijndrecht, one of the production locations of Heerema Fabrication Group (HFG), the topside for the Oseberg Vestflanken 2 Unmanned Wellhead Platform sailed out on Sunday 25 June. The jacket followed on Monday 26 June.In February 2016, Statoil awarded Heerema the contract for the Engineering, Procurement & Construction as…
27 June 2017
Pipe-laying of TurkStream Gas Pipeline in Deep Water Commenced
Gazprom today started laying the TurkStream gas pipeline in the deep-water area off the coast of Anapa. The operations were launched with the command given by Russian President Vladimir Putin during his visit to the Pioneering Spirit pipe-laying vessel.Vladimir Putin and Alexey Miller, Chairman of the Gazprom Management Committee, explored…
27 June 2017
Seabed Geosolutions Secures New Ocean Bottom Node Contract in Brazil
Seabed Geosolutions has been awarded a large 3D ocean bottom node (OBN) survey in the Santos Basin in Brazil. Seabed Geosolutions’ new, highly efficient Manta® node system will be used. The seven month contract is valued at around 90 million USD and is scheduled to commence at the end of…
27 June 2017
DONG Sticks With SeaRoc’s Communication Hubs
DONG Energy has signed a new contract with SeaRoc Group for the deployment of two SeaHub communication containers for its Hornsea Project One offshore wind farm construction phase.SeaRoc Group has already provided a total of four SeaHub units to DONG Energy for the Race Bank and Walney Extension sites.SeaHub is…
27 June 2017
DONG Inaugurates Gode Wind 1 and 2 Offshore Wind Farms
DONG Energy officially inaugurated the Gode Wind 1 and 2 offshore wind farms in the premises of the Royal Danish Embassy in Berlin, Germany on Monday, 26 June.The two wind farms comprise 97 Siemens 6MW wind turbines with a combined capacity of 582MW.The planning of Gode Wind 1 and 2…
27 June 2017
Polarcus Secures 3D XArray Project Off West Africa
Polarcus has received an award for a 3D project offshore West Africa with a duration of one month.The project is scheduled to start early in Q4 2017, the company informed.The Polarcus XArray methodology will be utilized to optimize both data quality and acquisition efficiency.Richard Price, senior vice president, Western Hemisphere,…
26 June 2017
Wood Group Extends Collaboration with Librestream Technologies on Leading-edge Digital Solutions for Oil and Gas
Wood Group has signed an extension to its collaborative agreement with Canadian technology company Librestream Technologies (Librestream) to continue its exclusive industry partnership, providing advanced digitally-enabled solutions for oil and gas customers.The agreement, initially signed in November 2015, has been extended for a further 12 months and combines Wood Group’s…
26 June 2017
Johan Castberg Operation
The overall operational support to Johan Castberg will have considerable spinoffs in North Norway.Statoil has, on behalf of the licence partners, decided that the Johan Castberg operation will be supported by a supply and helicopter base in Hammerfest and an operations organisation in Harstad. Recruitment of offshore personnel from Finnmark…
26 June 2017
Centrica in UK Gas Fields Decom Plan
Centrica is to decommission a cluster of four gas fields in the southern North Sea off the UK after the company submitted its plan to authorities.The owner of utility British Gas is decommissioning the so-called A fields in the southern North Sea, where production came to a halt at the…
26 June 2017
Seabed Geosolutions Bags OBN Survey in Brazil
Seabed Geosolutions has been awarded a 3D ocean bottom node (OBN) survey in the Santos Basin in Brazil.Seabed Geosolutions’ new Manta node system will be used for the survey.The seven month contract is valued at around $90 million and is scheduled to start at the end of the fourth quarter…