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19 June 2017
Atkins to Help China Grow its Offshore Wind Capability
Atkins has been appointed by PowerChina Huadong Engineering Co. Ltd (HDEC) to design the offshore substation platform at State Power Investment Corporation’s (SPIC) 300MW Binhai South Phase 3 offshore wind farm in the Yellow Sea. Working collaboratively with HDEC, Atkins will be part of helping China to grow a self-sustainable…
19 June 2017
Sif Awarded the Production of all Monopiles and Transition Pieces for EnBW’s Albatros Wind Farm
Sif Holding N.V., a leading provider of large steel tubulars which are used as foundation components for the offshore wind and offshore oil & gas markets, announces today that it was awarded the production of all monopiles and, in joint venture with Smulders, all the transition pieces for the EnBW…
16 June 2017
Brazil - Subsea and Decomissioning Services Required
A Brazillian company is looking for UK companies that can provide:- plug and abandon well services - subsea servicesThe company is one of the leading equipment and software names in Brazil's oil and gas sector. They have great expertise in offshore services and operate in the USA, Angola and Norway…
16 June 2017
EU Nod for Shell Sale
Shell has cleared a major hurdle towards completion of the sale of a package of UK North assets to Chrysaor after gaining approval for the deal from the European Union.The Anglo-Dutch supermajor struck the $3.8 billion deal in January to sell the assets including stakes in Beryl, Bressay, Buzzard, Elgin-Franklin,…
16 June 2017
ExxonMobil Declares Liza FID
ExxonMobil said today it has made a final investment decision to proceed with the first phase of development for the Liza field, located offshore Guyana.The company also announced positive results from the Liza-4 well, which encountered more than 60 meters of high-quality, oil-bearing sandstone reservoirs, which will underpin a potential…
16 June 2017
Shareholders Approve the Recommended All-share Offer by John Wood Group PLC for Amec Foster Wheeler PLC
Today shareholders of Wood Group and Amec Foster Wheeler overwhelmingly approved Wood Group’s recommended all-share offer for Amec Foster Wheeler. The deal remains subject to relevant clearances from competition authorities in certain countries where both companies operate. It is expected that the transaction will complete in the fourth quarter of…
16 June 2017
Shell breathes new life into Draugen
Shell aims to keep producing from its Draugen field in the Norwegian Sea for another 10 years as it works on a project to remedy integrity issues on the field’s main production pipeline.The schedule, confirmed to Upstream by the Anglo-Dutch operator, would significantly extend the lifetime of the field that…
16 June 2017
Ramboll Wins Foundations Design for Chinese OWF
Ramboll has been appointed by Huadong Engineering Corporation to design foundations for the SPIC Binhai South H3 offshore wind farm in the Yellow Sea north of Shanghai.The project involves geotechnical investigations, numerical modelling of waves, currents and tidal variations, and detailed designing of the mono-pile foundations for 75 wind turbines.“We…
16 June 2017
UK Oil and Gas Production Efficiency Rises to 73%
Production efficiency (PE) on the UK Continental Shelf (UKCS) has risen for a fourth consecutive year to 73%, according to a new publication released by the Oil and Gas Authority (OGA), representing an additional production of 12 million barrels of oil equivalent (boe) compared to 2015. The report, UKCS Production…
16 June 2017
First Gas from Layang Field of Block SK10 Offshore Sarawak, Malaysia
Mr. Shunsaku Miyake, President and CEO of JX Nippon Oil & Gas Exploration Corporation is pleased to announce that its subsidiary JX Nippon Oil & Gas Exploration (Malaysia) Limited, the Operator of Block SK10 offshore Sarawak, Malaysia with a participating interest of 75%, commenced commercial gas production from Layang Field…
16 June 2017
Statoil Receives Consent for Exploration Drilling in the Barents Sea
Well 7325/4-1 ("Gemini Nord") is in the Hoop area in the Barents Sea, around 275 kilometres from Nordkapp and 200 kilometres from Bjørnøya (Bear Island).The drilling location's geographical coordinates will be:73° 38’ 57.74 N25° 10’ 41.91 EWater depth at the site is 447 metres.The drilling is estimated to last for…
15 June 2017
Feast of Finds on Norway Menu
As many as 77 discoveries are being considered for development off Norway while additional "vast volumes" could also be brought online using new technology to boost recovery at existing fields and exploit tight oil and gas reservoirs, according to the country’s petroleum agency.The finds, mostly in the North Sea but…
15 June 2017
BP and Reliance Industries to Progress and Expand Partnership
Reliance Industries Limited (RIL) and BP today announced that they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India. The two companies have agreed to deepen and expand their partnership to work jointly across a wide range of areas throughout India’s energy sector.‘R-Series’ deep…
15 June 2017
Pacific Radiance Scoops $45M in Vessel Deals
Pacific Radiance has secured USD 45.3 million worth of new contracts, including options.Under these contracts, ten of the Group’s offshore support vessels, including a diving support vessel, are being deployed to support projects in Asia and the Middle East.The vessels are chartered to new and existing clients to provide services…
15 June 2017
Fenja Contracts on Radar Screen
VNG is targeting investments of Nkr11.5 billion ($1.36 billion) to develop its Pil & Bue discoveries - now renamed Fenja - in the Norwegian Sea, with production drilling and subsea facilities among contracts up for grabs.The German operator is looking at a phased development of the two finds as a…
15 June 2017
Oil & Gas Technology Centre Delighted with Response to First Call for Ideas
48 innovative ideas and concepts submitted for the first ‘Call for Ideas’ to transform well plug & abandonmentOver the next decade, 1,400 wells are forecast to be abandoned on the UKCS, at a cost of c.£7 billion£1 million available to fund a portfolio of projects deliverable within two yearsThe oil…
15 June 2017
Mermaid Inks New Subsea Contracts
Mermaid Maritime has through its South East Asian business units secured subsea contracts with a combined total estimated potential contract value of USD 4.3 million.The first highlighted package of work involves the DP2 dive support vessel ‘Mermaid Sapphire’ with a work-class ROV and cement/grouting spread carrying-out a 16-day lump sum…
15 June 2017
ABB Delivers DolWin2 Project
ABB has commissioned and handed over the DolWin2 offshore wind transmission link to the Dutch-German transmission system operator TenneT.DolWin2 is the third offshore wind connection project that ABB has executed for TenneT in Germany’s North Sea, following BorWin1 and DolWin1.The high voltage direct current (HVDC) link connects offshore wind farms…
15 June 2017
PSA Audits Johan Sverdrup Phase 2
Petroleum Safety Authority (PSA) Norway has carried out an audit of Statoil’s follow-up of improvement processes in phase 2 of the Johan Sverdrup development.In March and April 2017, PSA carried out an audit of how Statoil is ensuring that HSE risk is identified and accounted for in the work and…
15 June 2017
Oil & Gas Authority("OGA") Approval for Scott-Telford Field
RockRose Energy PLC (the "Company") is pleased to announce that the OGAhas confirmed to RockRose that Maersk Oil North Sea UK Ltd ("Maersk") will receive consent from the OGAfor the assignment of their interest in licence P218, which contains the Scott (Maersk 5.16%) and Telford (Maersk 2.36%) fields, to RockRose…
15 June 2017
The World First Commercial Onshore Remote WROV Operations Started
The world’s first* commercial onshore controlled ROV operations commenced at IKM Subsea headquarters in Bryne Norway 12th June.In the near future up to 3 Work class ROVs and 1 Observation ROV on Statoil’s Snorre B and Visund installations will be controlled from IKM Subsea’s onshore control center.One of the Work…
15 June 2017
DNV GL Invites Wind Industry to Joint Industry Project to Optimize Wind Farm Operations
DNV GL announces its latest Joint Industry Project (JIP), aiming to optimize the performance of wind farms by reducing the downtime and lower the costs of energy during the operational project life span of 25 years or more.Wind farm owners are faced with many challenges to increase availability and performance…
15 June 2017
Rosneft, Partners to Invest Over $8 Billion in Russia's Offshore Energy Sector
Rosneft and its partners plan to invest 480 billion roubles ($8.4 billion) in developing Russia's offshore energy industry in the next five years, part of a bid to boost output from new areas, the Russian oil major stated.Most Russian oil output comes from western Siberia, where fields are depleting, pushing…
15 June 2017
Lukoil Completes Fifth Well at Vladimir Filanovsky Field
LUKOIL has completed the construction and commissioning of the fifth production well at Vladimir Filanovsky offshore field in the Caspian Sea and commenced the construction of the sixth well that is going to be used for water injection.The fifth well has a bilateral horizontal design. The horizontal length of the…
14 June 2017
Pipe Issues Hit Draugen
Shell is grappling with integrity issues on the production pipeline at its Draugen field in the Norwegian Sea that is set to cut output this year.Production from the field is expected to fall by 16% in 2017 as the Anglo-Dutch operator has been forced to cut throughput pressure on the…
14 June 2017
Elia Launches MOG Project UXO Survey Tender
Elia, the Belgian electricity transmission system operator, has invited tenders for unexploded explosive ordnance (UXO) survey, identification and removal on the cable route of the modular offshore grid (MOG) project in the Belgium sector of the North Sea.The modular offshore grid includes an offshore platform to provide connections to the…
14 June 2017
Bureau Veritas Approvals Help Propel Floating Offshore Wind Sector
Latest design approval granted to DCNS Energies' foundation for floating offshore wind turbines (FOWTs) is validation for upcoming projects in France, the USA and beyondNeuilly-sur-Seine, France, June 13, 2017 - Bureau Veritas has issued a Preliminary Design Approval for a Floating Offshore Wind Turbine (FOWT) foundation designed by DCNS Energies.…
14 June 2017
Statkraft to Launch Sale of its Stakes in Two UK Wind Farms
Norway's power firm Statkraft will launch the sale of its entire stakes in two wind farms offshore Britain, Sheringham Shoal and Dudgeon, in coming weeks, a spokesman for the company said on Tuesday.The state-owned company aims to conclude the sale of its 40 percent and 30 percent stakes in the…
14 June 2017
Sea Lion Development Progressing
Premier Oil’s Sea Lion development off the Falkland Islands is on track to be sanctioned next year according to partner Rockhopper Exploration.Rockhopper said Wednesday front-end engineering and design work had progressed and de-risked the development, with the focus for the remainder of the year being on the commercial, fiscal and…
14 June 2017
Energy Markets in Transition: BP Statistical Review Shows Long-term Shifts Underway
The 2017 edition of the BP Statistical Review of World Energy, published today, shows global energy markets continuing to undergo long-term changes as they also adapt to nearer-term price challenges.Data published in the Review – the 66th annual edition – clearly demonstrate the long-term transitions now underway in the markets,…
14 June 2017
TechnipFMC Awarded Integrated EPCI Contract for the Statoil Visund Nord IOR Project
TechnipFMC (NYSE and Euronext: FTI) has been awarded an extension to its ongoing Engineering, Procurement and Construction (EPC) contract from Statoil in the Norwegian North Sea.The ongoing EPC project covers the provision of subsea equipment including template structure, manifold and two subsea trees including wellheads and modifications of control systems…
13 June 2017
Ocean Yield Announces Investment in 2 vessels with Long Term Charters to Aker BP ASA
Ocean Yield ASA ("Ocean Yield") has agreed to acquire two Platform Supply Vessels ("PSVs") from BP Shipping for a total consideration of USD 105.4 million. Both vessels are on long term charters to Aker BP ASA ("Aker BP"). The two vessels, "NS Orla" and "NS Frayja", were delivered in September…
13 June 2017
McDermott Delivers First Jacket from Dammam Yard
McDermott has recently celebrated a milestone with the load-out and installation of the first jacket fully fabricated by the company at its recently-opened Dammam fabrication yard in Saudi Arabia.The Safaniya 264 jacket is part of McDermott’s long term agreement II (LTA II) scope of work with Saudi Aramco.The current scope…
13 June 2017
Oil and Gas Confidence Rises from Historic Lows
Notable rise in confidence from historic lows last year but improvement not universal 42% of firms expect to be growing by January 2018 More than half believe the industry has already reached the bottom Improvements in oil and gas contractor confidence both in the UK Continental Shelf (UKCS) and internationally…
13 June 2017
Wood Group Nets GWF-2 Deal from Woodside zoom Wood Group has Secured a $6 million
Wood Group has secured a $6million contract with Woodside to support the execution of phase two of their Greater Western Flank (GWF-2) project, located on the North West Shelf (NWS), offshore Western Australia.Effective immediately, Wood Group will provide engineering support for the subsea pipeline system during the fabrication and construction…
13 June 2017
DSME Delivers Topside Module for Statoil’s UK Project
South Korea’s Daewoo Shipbuilding Marine & Engineering has delivered a topside module to Norway’s Statoil for what the company said was a UK North Sea project.The Korean shipbuilder on Monday issued a statement on the delivery, along with a photo of Boskalis’ Mighty Servant I heavy transportation vessel carrying what…
13 June 2017
Petrofac Secures Five-year Training Agreement with Kuwait Oil Company
Petrofac has agreed a five-year relationship with Kuwait Oil Company (KOC) for the provision of specialist technical training and competency development services.The contract, which is valued at more than US$35 million, was secured following a competitive tendering process and is effective immediately. The work will be undertaken within Kuwait by…
13 June 2017
Baker Hughes and GE Reach Agreement with DOJ to Complete Proposed Transaction
Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) announced today that they have reached an agreement with the Department of Justice that would allow the parties to complete their proposed transaction under U.S. law. Today’s milestone represents significant progress toward creating an oil and gas productivity leader positioned to…
13 June 2017
Brasse Appraisal Well Preliminary Results and Commitment to Drill Stem Test
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 results of the Brasse appraisal well in the Norwegian North Sea (Faroe 50% and operator, Point Resources 50%).The Faroe-operated Brasse appraisal well…
13 June 2017
Erin Energy Provides Drilling and Production Update
Erin Energy currently produces approximately 6,000 barrels of oil per day (BOPD). Drilling operations for the Oyo-9 development well are planned to commence next month and be completed by year end, pursuant to the drilling contract with Pacific Drilling. Oyo-9 has the potential to increase Oyo field production by 6,000-7,000…
12 June 2017
Maersk Connector Grounds for Walney Extension
DeepOcean has performed the first engineered grounding of the Maersk Connector during export cable pull-in operations on DONG Energy’s 660MW Walney Extension offshore wind farm.The company has shared a video of the maiden grounding of the Maersk Connector at Morecambe Bay.The Walney Extension wind farm is being constructed in the…
12 June 2017
Jan de Nul Lands Tahkoluoto OWF Foundations on Seabed
Offshore contractor Jan de Nul said it has completed the installation of all ten foundations for Tahkoluoto offshore wind farm, developed by Finish wind power production company Suomen Hyötytuuli Oy.Jan De Nul, as the main marine construction contractor, is responsible for dredging, seabed construction work, and the installation of foundations…
12 June 2017
Tasik’s Newbuild Subsea Vessel Secures Six-year Charter
The newbuild subsea vessel Southern Star has commenced a six-year bareboat charter, an increase of a year on the original deal for the vessel, with options for extensions.Singapore-based Tasik Subsea designed Southern Star and supervised its build by Fujian Mawei Shipbuilding Ltd in Fuzhou, China, at its Culu Island shipyard.…
12 June 2017
Nord Stream 2 Hits Back at European Commission Ruling
The European Commission has adopted a request to the Council of the European Union for a mandate to negotiate with the Russian Federation the key principles for the operation of the Nord Stream 2 gas pipeline project”.The Nord Stream 2 project is implemented by the Nord Stream 2 AG project…
12 June 2017
Norwegian Offshore Market Facing Potential Shortage of Harsh Environment Semisubs
Increasing number of North Sea drilling projects, oil company efficiency requirements, high barriers to entry, and shrinking fleet may lead to undersupply of premium rigs.The North Sea, and particularly the Norwegian Continental Shelf, currently leads the market recovery scenario. As we’ve noted several times over the past few months, the…
12 June 2017
ION and PGS Renew Orca Software Agreement
ION Geophysical and Petroleum Geo-Services (PGS) announced a joint agreement for ION to continue supplying Orca software to PGS’ fleet for another five years.This contract extends the parties’ technology partnership in marine command and control solutions to over 30 years.Orca integrates and manages data and workflows for seismic data acquisition,…
12 June 2017
New Collaboration with Norway on Oil and Gas
A new framework agreement has been awarded to Ramboll by the Norwegian Petroleum Directorate (NPD) for consultancy services related to technology, risks, plans, and costs.The framework agreement is part of NPD’s plans to develop new fields and improve recovery from producing fields. NPD has awarded a total of 6 framework…
12 June 2017
Deepsea Bergen Signs a Contract for One Well with Wellesley Petroleum AS
Odfjell Drilling announced a letter of intent for its semi-submersible Deepsea Bergen.Odfjell Drilling has on 9 June 2017 signed a contract with Wellesley Petroleum AS for one firm exploration well, plus an optional well testing and sidetrack, on the Norwegian Continental Shelf ("NCS"). The contract commencement is scheduled to Q3/Q4…
12 June 2017
Odfjell Drilling Ltd : Awarded Contract for Platform Drilling and Maintenance Services for TAQA Bratani Limited
TAQA Bratani Limited has awarded Odfjell Drilling a contract for platform drilling and maintenance services on five of its platforms in the UK North Sea. The contract period is two years, with additional yearly options. The contract is planned to start Q3 2017.Odfjell Drilling is currently performing platform drilling operations…
12 June 2017
Wood Group Wins Statoil Concept and Feasibility Study Contracts
Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility studies to their Norwegian North Sea assets.Effective immediately, the company will deliver a topside concept study evaluating the tie in of Total's Garantiana field development to Statoil's Gullfaks B and Visund facilities. In addition, Wood…