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29 May 2017
Geomara and Norfolk Marine Wrap Up Robin Rigg OWF Survey
The “Norfolk Swift” with a survey team from Geomara onboard has completed a full site survey of E.on’s Robin Rigg offshore wind farm and export cables.The survey partnership of Geomara & Norfolk Marine has now completed numerous hydrographical surveys together in UK and Irish waters along with contracts completed as…
26 May 2017
SBM in Pole for Lingshui 17-2 Floater FEED Job
Dutch floater specialist SBM has emerged as the front runner in a CNOOC Ltd tender to carry out front-end engineering and design services on a semi-submersible production platform at the Lingshui 17-2 deep-water gas project in the South China Sea.Industry officials said SBM offered a very competitive bid for the…
26 May 2017
Cue Energy Resources grants WA-359-P Extension of BP Equity Option
Extension of BP option to acquire 42.5% equity in WA-359-P until 25th October 2017Cue remains actively engaged with International companies for farm out of further equity in the permit to form a Joint Venture with BPExercise of the BP option would provide funding for 50% of the Ironbark well costCue…
26 May 2017
Oceanteam Gets LoI to Supply Equipment for Cable Transport
Oceanteam Solutions has received a letter of intent (LoI) from an unnamed cable producer in Europe for the supply of a vessel, turntable and auxiliary equipment for the transport of cables from South Europe to Scandinavia.The contract is planned to be executed in summer 2017, the company said.Oceanteam will also…
26 May 2017
Alpha Petroleum and GE Oil & Gas Partner on Cheviot Oilfield
Alpha Petroleum has made an agreement with GE Oil & Gas to partner on the advancement of the subsea infrastructure for the Cheviot oilfield. The field, located in the UK North Sea, offers 55 million bbls of oil and 20 million boe of future gas production.Alpha Petroleum has named GE…
26 May 2017
JFSE Provides Solution for Challenging Excavation
James Fisher Subsea Excavation (JFSE) has completed a challenging project for underwater services company Seatek in the Kandla Gujarat region of northwest India.Experts deployed its shallow water Twin R2000 tool for post-lay trenching and backfilling of an HDPE pipeline with concrete sinker blocks over a distance of 5km. The pipeline…
26 May 2017
Eni Finalizes with OOC a MoU for Cooperation in Oil & Gas Sector and Announces the Entry into the Oman Upstream
Oman Oil Company S.A.O.C. (OOC), the Sultanate’s investment arm in the energy related sectors, and the leading Italian integrated energy company Eni have finalized a Memorandum of Understanding (MoU) to explore cooperation opportunities in the oil and gas sector.The agreement has been reached in Milan by Eng. Isam bin Saud…
26 May 2017
Exploration Drilling Commences Offshore Senegal
FAR Limited (ASX:FAR) and the Senegal Joint Venture has commenced drilling the FAN South-1 exploration well into the South Fan prospect.The well is the first pure exploration well to be drilled offshore Senegal since the discovery wells of FAN-1 and SNE-1 in 2014.FAN South-1 is the first well drilled into…
26 May 2017
TGS and PGS Announce Fourth 3D Seismic Project Offshore Eastern Canada
TGS and Petroleum Geo-Services ("PGS") announce the fourth 3D seismic project offshore Eastern Canada for 2017. Long Range 3D will comprise approximately 9,100 km2 of 3D GeoStreamer® data in the Eastern Newfoundland region. The survey covers open acreage which will be included in the November 2018 licensing round under Newfoundland…
25 May 2017
Premier Oil JV spuds Zama-1 Exploration Well, offshore Mexico
Premier is pleased to announce that the Zama-1 exploration well in Block 7 (Premier equity 25%) in the shallow water Sureste basin, offshore Mexico, was spudded on May 21, 2017. This is the first exploration well to be drilled on acreage awarded in Mexico’s first international licencing round in 2015.The…
25 May 2017
Board of the Merchant Marine Fund approves $ 3.6 billion in Shipbuilding Projects in Brazil
The Board of Directors of the Merchant Marine Fund (CDFMM) approved R $ 3.6 billion to finance shipbuilding projects. The decision came at the 34th regular meeting of the council, held last Thursday (04), in Brasilia. Of the total amount approved, R $ 1.44 billion was destined for cabotage projects,…
25 May 2017
Smulders Assembles First Beatrice Jacket
25th May 2017The foundations project for the Beatrice offshore wind farm has moved forward as Smulders placed the first upper jacket on top of the first lower jacket at its UK yard in Newcastle upon Tyne.The complete jacket now has a height of approximately 70 meters.The upper jacket parts are…
25 May 2017
Wood Group Inks 10-Year Hess Deal
Hess Corporation has signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations & maintenance, integrity management, subsea, and decommissioning services.The two companies have worked together for more than 25 years on a wide range of projects worldwide.Robin Watson, Wood Group chief executive,…
25 May 2017
Oceaneering Bags ROV Services Contract in Canada
Oceaneering has entered into an agreement, expected to extend into 2026, with an undisclosed international oil and gas company, to provide remotely operated vehicle (ROV) services and equipment for projects located offshore of Newfoundland and Labrador, Canada.In addition, Oceaneering will supply tooling and project support, including project management and associated…
25 May 2017
Normand Baltic Gears for Vietnam Campaign
The dive support vessel Normand Baltic, currently on charter with DCN Diving, is set to depart Loyang Offshore supply base in Singapore for Lan Tay field 370 kilometers offshore Vietnam.DCN Diving took the vessel on a long-term charter from Solstad Offshore in October last year for subsea duties offshore Middle…
25 May 2017
KBR Returns to Malaysia Via Joint Venture with BIV Builders
KBR, Inc. (NYSE: KBR) announced today it has signed a joint venture agreement with BIV Builders for a standalone, self-sufficient, long-term joint venture based in Kuala Lumpur, Malaysia. The joint venture will be known as KBIV.KBR's global experience and differentiated professional services and project delivery, coupled with BIV Builders' cost…
25 May 2017
Maersk Drilling Awarded Extension for Drillship Maersk Viking
Maersk Drilling has been awarded a contract extension for the ultra-deepwater drillship Maersk Viking, by oil major ExxonMobil. The estimated value of the contract extension is USD 22.5m, with a duration of 150 days.Maersk Viking has been operating for ExxonMobil on the Julia field in the US Gulf of Mexico…
25 May 2017
Start-up of Gina Krog
The Norwegian Petroleum Directorate has granted consent for start-up of production from the Gina Krog field in the North Sea.Operator Statoil is planning start-up in late June 2017.The field has been developed with a production facility resting on the seabed and an oil storage ship, in water depths of 110-120…
25 May 2017
Additional Work for Osprey Explorer in West Africa
SeaBird Exploration is pleased to announce that it has signed a letter of award for some additional work in West Africa for an undisclosed client. The project is due to commence in late second quarter and will have a duration of approximately two weeks. SeaBird will be using the Osprey…
25 May 2017
Enquest - Operational Update
Performance update by individual production and development assetNorth SeaKraken developmentAll drilling is now complete on DC1 and DC2 and the rig has moved to DC3, where further excellent progress has been made on the drilling programme. Drilling performance to date has significantly de-risked delivery of the project to and beyond…
24 May 2017
STATS Group Taps New Markets With £3 Million Investment In Equipment and Facilities
STATS Group has invested more than £3 million in developing a range of hot tapping machines, expanding their fleet of pipeline intervention service equipment, and opening a new 15,000 sq ft workshop and office facility.The SureTap range of hot tapping machines have been designed and built at the company’s new…
24 May 2017
Vallianz Scores US$115 Million in New Charters
Singapore’s Vallianz Holdings has secured long-term charter contracts valued at up to US$115 million, for four vessels in new markets. These contracts were awarded by a national oil company (NOC) in the Middle East, as well as two offshore marine services companies based in Egypt and Turkmenistan respectively.The contracts also…
24 May 2017
NOV Subsea Oil Storage System
The animation shows a subsea storage unit (SSU) solution, patented by National Oilwell Varco, which enables storage of crude oil, chemicals and produced water on the subsea floor.The SSU is a gravity based storage unit that employs the new concept of a flexible bag protected by a dome. According to…
24 May 2017
Norwegians to Finance Vessel Retrofits
Following the IMO ratifications of the ballast water and exhaust gas treaties, government-owned Export Credit Norway offers financing to international vessel owners who purchase retrofit equipment from Norwegian suppliers. The Norwegian export credit agency Export Credit Norway has assembled a specialised team and tailor-made financing solution to support vessel owners…
24 May 2017
Europa Oil Says Placing Demand Highlights Rising Interest in Offshore Ireland
The AIM-listed explorer placed £2.1mln of shares at 6p per share with up to a further £1.5mln to come from an open offer.Europa Oil & Gas (Holdings) PLC (LON:EOG) said the strong support for its latest fund raise indicates how significant Ireland’s Atlantic Margin is becoming.The AIM-listed explorer placed £2.1mln…
24 May 2017
Keppel to Build Two Additional Dredgers Worth S$120 Million for Jan De Nul
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Codralux S.A., a wholly-owned subsidiary of Jan De Nul Group, to build two Trailing Suction Hopper Dredgers (TSHDs). The dredgers are valued at approximately S$120 million, including owner-furnished equipment.Keppel Singmarine is currently…
24 May 2017
Wood Group Expands Global Automation and Control Capabilities with Acquisition of CEC Controls Company, Inc.
Wood Group has acquired CEC Controls Company, Inc. (CEC Controls), a management-owned designer and builder of industrial & process control systems primarily in the automotive manufacturing industry, for an initial consideration of $44m payable in cash at closing with a further total fixed deferred consideration of $15m payable in cash…
24 May 2017
DONG Energy Enters an Agreement to Divest its Upstream Oil and Gas Business to INEOS
DONG Energy has today agreed to divest the entire share capital of DONG E&P A/S to INEOS for an unconditional payment of USD 1,050 million (DKK 7.0 billion) on a cash and debt free basis, a contingent payment of USD 150 million (DKK 1.0 billion) related to the Fredericia stabilisation…
24 May 2017
Signs Exclusive Technology Agreement with Seismic Apparition GmbH
Magseis and Seismic Apparition have signed an exclusive Technology Agreement to jointly develop and implement a new innovative technology that will reduce the operational time for Ocean Bottom Seismic. Technology development will be completed over the next 9 months and commercial field tests are scheduled for 2018.Unlike existing techniques for…
23 May 2017
Proserv Secures Multiple Contract Awards in Middle East
Aberdeen-based energy services company Proserv has been awarded a series of contracts worth a combined value of more than £8.4million for its production control new-build and after-market services in the Middle East.In the UAE, Proserv will be engineering and manufacturing wellhead control panels, hydraulic power units (HPUs) and chemical injection…
23 May 2017
Significant Order for Multiple Subsea Pump Systems
N-Seatec has been awarded a 2 year contract for the design, delivery and co-operation of a complete subsea pump spread.The complete system will be specifically designed to be used on two different windfarms.Designed and delivered consist of:- 2 20FT Control Containers with integrated workshop, powerdistribution and dedicated control software- 8…
23 May 2017
Ashtead Secures UKAS Accreditation for NDT Equipment Calibration
A global leader in specialist subsea technology and services, Ashtead Technology has today (Tuesday 23rd May) announced that it has received further endorsement from the United Kingdom Accreditation Service (UKAS) for its enhanced range of calibration services. Having previously gained UKAS accreditation for the calibration of survey, positioning and oceanographic…
23 May 2017
Bergen Group ASA Acquires AAK Energy Services AS
Bergen Group ASA has entered into an agreement to purchase AAK Energy Services AS. The company, being experts in advanced access technology related to maintenance and modification work, currently has around 60 employees, with a turnover of NOK 62 million in 2016.CEO Hans Petter Eikeland Bergen Group is pleased with…
23 May 2017
Gibdock Takes Action on Normand Reach
Gibdock has has undertaken a project on the construction support vessel (CSV) Normand Reach to ensure that it meets exacting hull cleanliness standards set by Australia’s National Biofouling Management Guidelines for commercial vessels.The 120.85m length Solstad CSV entered the yard for a special wash and brush up on its way…
23 May 2017
Angola's Sonangol Cancels Auction for Eight Oil Blocks
Angola's state oil company Sonangol has cancelled an auction of oil exploration licences for eight blocks, blaming the drop in oil prices since the bidding opened."The remarkable drop in the price of the oil barrel and the economic and financial situation of the country and the world, have negatively influenced…
23 May 2017
Digitalisation Driving Value Creation
Statoil is establishing a digital centre of excellence and launching a roadmap with seven specific programmes for digitalisation in the company towards 2020. Digitalisation will help improve the safety, security and efficiency of Statoil operations.Towards 2020 Statoil expects to invest NOK 1-2 billion in new digital technologies, accelerating the digital…
23 May 2017
PGS and TGS Ramp Up 3D Activity Offshore Eastern Canada
Petroleum Geo-Services ASA ("PGS" or "the Company") and TGS announce two new MultiClient 3D seismic projects offshore Eastern Canada. Following on from the recently announced 2017 2D seismic campaign and the Cape Broyle 3D, the joint venture is now ramping up its 3D seismic acquisition in Newfoundland Labrador with these…
22 May 2017
Vigdis Sidetrack Nod for Statoil
Statoil has received consent to use the Bideford Dolphin mobile drilling rig for production drilling at Vigdis oil field located in the Tampen area in the northern part of the North Sea.Statoil is to plug the B-1 AH production well on the Vigdis field. Using a sidetrack from this well,…
22 May 2017
Neptune Wraps Up Diving Project for Chevron Australia
Neptune has completed a diving project awarded by Chevron Australia under the Master Services Agreement (MSA).The contract included the provision of diving services for Barrow Island CBM (Conventional Buoy Mooring) terminal, subsea hose change out and pig catcher removal, spar navigation aids change out and inspection, maintenance and repair work.Neptune…
22 May 2017
Rolls-Royce to Deliver World’s First Hybrid Subsea Crane
Rolls-Royce has been assigned by the Brazilian ship owning company CBO to equip an existing offshore platform supply vessel (PSV) with a new patented dual draglink (DDC) subsea crane. This will be the first installation of a subsea crane designed to be able to use either fibre or steel wire…
22 May 2017
McDermott and Saudi Aramco Announce Memorandum of Understanding at the First Saudi-U.S. CEO Forum
McDermott International, Inc. (NYSE:MDR) announced today it signed another memorandum of understanding (MOU) with Saudi Aramco to expand and develop the company’s physical and human capital within Saudi Arabia as part of Aramco’s In-Kingdom Total Value Add (IKTVA) initiative.The MOU was signed as part of the first ever Saudi-U.S. CEO…
22 May 2017
Eni Starts Production from the OCTP Integrated Oil&Gas Development Project, in Ghana's Offshore, Ahead of Schedule and with a Record Time-to-Market
Eni has launched production from the Integrated Oil&Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in just two and a half years, and three months ahead of schedule, reaching another record time-to-market.The OCTP integrated oil & gas development is made up of the…
22 May 2017
Libra FPSO Arrives in Brazilian Waters
We are proud to announce that the FPSO Pioneiro de Libra arrived yesterday May 17 in Brazilian territorial waters. The FPSO unit set sail on March 28 from the Jurong shipyard in Singapore, where the conversion of the unit has been taking place since 2014.Since the christening of the FPSO,…
22 May 2017
Wood Group Secures Contract with Sakhalin Energy Investment Company Ltd.
Wood Group has secured a Technical Support Services (TSS) contract with Sakhalin Energy Investment Company Ltd. (Sakhalin Energy), an operator of Sakhalin-2; one of the world’s largest integrated oil and gas projects, that includes Russia’s first offshore gas production platform and liquefied natural gas (LNG) plant.The contract extends Wood’s Group’s…
22 May 2017
BP Announces Start of Production from Quad 204 Project, West of Shetland
UK project is the third of seven new upstream major projects expected to come on stream for BP in 2017.BP, on behalf of co-venturers Shell and Siccar Point Energy, is pleased to announce first oil from the redeveloped Schiehallion Area, following completion of the multi-billion-pound Quad 204 project in the…
19 May 2017
NPD Awards 11 Technology Frame Agreements
The Norwegian Petroleum Directorate has signed framework agreements with eleven supplier firms representing various technology areas.The contractors will provide professional assistance within their specialty areas, and the NPD will utilise this expertise in its work to follow-up developments on the Norwegian shelf and on operational fields.The framework agreements include:Subsurface technology,…
19 May 2017
Petrobras Launches Buzios FPSO Tender
Brazilian state-controlled oil company Petrobras has launched a tender for the charter of a new floating production, storage and offloading vessel to be deployed at the giant Buzios field in the Santos basin pre-salt province.According to well-informed sources, Petrobras last week formally invited floater specialists including Modec International, SBM Offshore,…
19 May 2017
Kraken Buys Stake in Enitech Subsea
Kraken Sonar has acquired a minority interest in Enitech Subsea GmbH of Rostock, Germany, and the company has been renamed to Kraken Power GmbH.Under the agreement, Kraken has taken a 19.9% equity interest and provided a €110,000 convertible loan. The loan pays interest at 5% per annum and has a…
19 May 2017
First Purchase Order Received from Aker BP
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce it has received an initial purchase order (‘PO’) from Aker BP which, following the acquisition by Det norske oljeselskap ASA (‘Det norske’) of…
19 May 2017
Lloyd’s Register Supports DONG Energy US Offshore Wind Campaign
Lloyd’s Register has used its specialist expertise in its Maine-based subsidiary, SGC Engineering, to support DONG Energy on its evaluation phase of the Bay State project with its offshore site and export cable route geophysical and hydrographic surveys.DONG Energy has recently secured two leases in the United States – Bay…