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27 April 2017
Irish Government Approves Farm-Out of Offshore Ireland Licence to Cairn Energy
Europa Oil & Gas (Holdings) plc, UK and Ireland focussed exploration, development and production company, is pleased to announce Irish Government consent has been received for the transfer of a 70% interest in and operatorship of (`Transfer') its Licensing Option 16/19 (‘LO 16/19’ or the ‘Licence’) to Capricorn Ireland Limited,…
27 April 2017
JFD Awarded Significant Contract with UK MOD Salvage and Marine Operations
JFD, the world-leading subsea operations and manufacturing company and part of James Fisher and Sons plc, has been awarded a four year framework contract, worth up to £10 million, by the UK MOD Salvage & Marine Operations Team for the provision of subsea equipment and support.The Salvage and Marine Operations…
27 April 2017
CGG Geoconsulting Launches Provenance, A Pioneering Global Sediment Provenance Solution, Part of Robertson Data & Analytics
CGG GeoConsulting announced today the launch of Provenance, a ground-breaking integrated global sediment provenance database, tool and knowledgebase. Explorers can use the database to help make meaningful interpretations on clastic reservoir distribution and quality.Provenance is an industry-first, global database bringing together public-domain and CGG multi-client sediment provenance data catalogues, to…
27 April 2017
Maersk Oil's Danish Business Unit Completes Reorganisation
Following the simplification of the onshore organisation in January 2017, Maersk Oil’s Danish Business Unit, located in Esbjerg, today announced the second and last phase of a planned organisational restructuring which will complete the implementation of a more effective and efficient operating model across its business activities.The new operating model…
27 April 2017
TechnipFMC Awarded Subsea Contract for ExxonMobil Liza in Guyana
TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep water project.The award scope includes seventeen total enhanced vertical deep water trees and associated tooling, as well as five manifolds and associated controls…
27 April 2017
Shell and Four European Energy Companies Sign Financing Agreements with Nord Stream 2 AG for Pipeline Project
Shell and four European companies – ENGIE, OMV, Uniper and Wintershall – signed financing agreements with Nord Stream 2 AG, the company responsible for the planning, construction and future operation of the Nord Stream 2 pipeline.The 1,220-kilometer pipeline will be able to transport a total capacity of 55 billion cubic…
27 April 2017
Statoil Receives Consent for use of Gina Krog
Statoil has received consent to put the Gina Krog facility and associated pipeline system into service.In June 2016, Statoil received partial consent from the PSA to put into service the accommodation quarters, cranes, pipelines and other parts of the Gina Krog facility that were necessary for activities in the phase…
27 April 2017
Fluor Awarded Offshore Compression Platform FEED by BP
Fluor Corporation (NYSE:FLR) announced today that it was selected by BP Trinidad and Tobago (BP) to perform the front-end engineering and design (FEED) for the Cassia Compression Project off the east coast of Trinidad and Tobago. Fluor booked the undisclosed contract value into backlog in the first quarter of 2017.Fluor’s…
27 April 2017
AGR Set to Deliver Reservoir Management to the Norwegian Petroleum Directorate
The agreement will see us deliver reservoir management studies in subsurface technology, reservoir geology and reservoir engineering over a two year period, with options for extension.Morten Heir, VP of Reservoir Management at AGR (pictured), said: “With this frame agreement, AGR will support the NPD in maximizing Norway's extraction of its…
27 April 2017
SeaBird Exploration: Osprey Explorer Contract in West Africa
SeaBird Exploration is pleased to announce that it has signed a letter of award for an upcoming 2D seismic survey in West Africa. The project is due to commence in the second quarter and will have a duration of approximately one month.SeaBird will be using the Osprey Explorer for the…
27 April 2017
Expecting Exploration Record in the Barents Sea
The Norwegian Petroleum Directorate is expecting a new record in the number of exploration wells in the Barents Sea this year.Fifteen wells are slated for drilling, two more than in the record year 2014.“This is a significant increase, and shows a very positive development in the Barents Sea,” said Director…
27 April 2017
DeepOcean Wins Middle East Post-Lay Trenching Gig
DeepOcean has been awarded a contract for the provision of post-lay trenching and backfilling works on 56 kilometers of power cable offshore United Arab Emirates (UAE).The contract follows two completed projects offshore UAE in 2016 and early 2017. The post-lay trenching and backfilling works are planned to start late 2017…
27 April 2017
Talisman Vietnam Selects Yinson FPSO for Ca Rong Do Field
Malaysia’s Yinson has secured an FPSO contract with Talisman Vietnam. The FPSO will be deployed at Talisman Vietnam’s Ca Rong Do field.The contract is for 10 years with five extension options. According to Yinson, the total value of the bareboat charter is approximately $1.0 billion, options included.Talisman is a subsidiary…
27 April 2017
Doubling the Resource Estimate for the Barents Sea
According to the Norwegian Petroleum Directorate’s new calculations, the undiscovered oil and gas resources in the Barents Sea are twice as large as previously assumed.The Norwegian Petroleum Directorate has recently mapped the eastern part of the northern Barents Sea – an area of about 170,000 square kilometres, 10,000 square kilometres…
27 April 2017
Consortium of GE and Norway’s Halvorsen TEC Awarded the Seawater Sulfate Removal System for the Johan Castberg Project
Marking a commercial milestone in process water treatment for the offshore oil and gas industry, Norwegian oil and gas company Statoil has selected a consortium led by GE Water & Process Technologies and Halvorsen TEC to supply a complete seawater sulfate removal unit (SRU) to help protect production wells in…
27 April 2017
Shareholder Update: FAR Back to Exploration Drilling
FAR Limited (ASX: FAR) and the Senegal Joint Venture are drilling the FAN South-1 exploration well into the Southern FAN prospect in 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 will be the next well to be…
27 April 2017
Aker BP Awards Framework Contract to Schlumberger
Aker BP ASA (Aker BP) has entered into a framework contract with Schlumberger for acquisition of 4D seismic data.The framework contract has a duration of four years, with an option for 2+2 years.The contract includes WesternGeco marine acquisition of 4D seismic data over the Aker BP-operated fields Alvheim, Bøyla, Skarv/Snadd…
27 April 2017
Gassco Awards Study Jobs for CO₂ Transport
“We’re very pleased to award contracts to Larvik Shipping and Brevik Engineering covering conceptual studies for transporting CO₂ by ship,” says Gassco CEO Frode Leversund.“These companies provided the best tenders out of the five submitted. Further assessments of CO₂ transport will make an important contribution to realising a full-scale Norwegian…
27 April 2017
4 New Prospects Identified on Offshore Ireland
Europa Oil & Gas (Holdings) plc, the AIM traded, UK and Ireland focused, oil and gas exploration, development and production company, is pleased to provide a technical update on its Frontier Exploration Licence 2/13 (‘FEL 2/13’ or ‘the Licence’) located on the west flank of the South Porcupine Basin, offshore…
26 April 2017
TGS Announces Crean 3D Multi-Client Project in Ireland
TGS announces new multi-client acquisition project, Crean 3D on the Irish Atlantic Margin.Crean 3D (CRN 3D) is a multi-client survey of more than 5,400 km2 located in the South Porcupine Basin between the Porcupine High and the Irish Mainland Platform. Multi-level targets exist, such as Paleocene and Mesozoic channel/fan systems…
26 April 2017
Polarcus Amani Delivered to Sovcomflot
Reference is made to the stock exchange release from Polarcus Limited ("Polarcus" or the "Company") published 9 February 2017 regarding a Norwegian subsidiary's agreement with SCF GEO AS ("Sovcomflot") for a 5 1/2 year bareboat charter (the "Charter").The Company is pleased to announce that the Charter agreement between Polarcus Amani…
26 April 2017
Engie E&P Norge Awards Two Contracts
ENGIE E&P Norge has awarded contracts for feasibility studies for the Cara project (PL 636) in the Norwegian part of the North Sea to TechnipFMC AS and Aker Engineering and Technology AS.The studies intend to show the potential, challenges and opportunities at an early stage of the development. Specifically, they…
26 April 2017
Delineation of the Edvard Grieg field in the North Sea – 16/1-27
Lundin Norway AS, operator of production licence 338, has completed the drilling of appraisal well 16/1-27 on the Edvard Grieg oil field in the central part of the North Sea.The well was drilled about three kilometres southwest of the Edvard Grieg platform.The field was proven in the autumn of 2007,…
21 April 2017
First Minister Welcomes Total and Heriot-Watt University Research Partnership
Scotland’s First Minister Nicola Sturgeon visited the Edinburgh Campus of Heriot-Watt University yesterday (Thursday 20 April) to mark the signing of a five year Partnership Agreement between Total and the University’s Institute of Petroleum Engineering.Worth a minimum of £2.5m, the agreement was signed by Elisabeth Proust, managing director, Total E&P…
21 April 2017
OMV Takes Deepsea Bergen
Odfjell Drilling has confirmed it has inked a charter with Austrian operator OMV for its veteran semi-submersible rig Deepsea Bergen for work off Norway.The 1983-built unit will be used by OMV to drill a high-pressure/high-temperature well in its operated production licence 644 in the Norwegian Sea, making it the first…
21 April 2017
Shearwater Contracts Veripos for GNSS Positioning Services
Veripos, has won a contract for global navigation satellite systems (GNSS) positioning services with recently formed seismic contractor Shearwater Geophysical.Under the terms of the new agreement, Veripos will supply GNSS positioning services to Shearwater’s fleet of four marine seismic survey vessels on a global basis as well as to additional…
21 April 2017
Siem Offshore Bags New OSCV Contracts
Oslo-listed marine contractor Siem Offshore has landed several global charter contracts including for its offshore subsea construction fleet.The 93.6 meters long OSCV Siem Marlin, designed for ROV and light construction duties, has started its contract in South America scheduled for 150 days.The 121 meters long OSCV Siem Spearfish has also…
21 April 2017
Spectrum ASA: Spectrum Commence 2D Multi-Client Seismic Campaign Offshore Argentina
Spectrum is pleased to announce the commencement of a 35,000 km Multi-Client 2D seismic survey covering 435,000 km2 offshore the deep waters of Argentina in cooperation withYPF S.A. and the authorization of the Ministry of Energy and Minerals.This survey is designed in close cooperation with YPF S.A. and will provide…
21 April 2017
The OGA Emphasises Collaboration as Key to Success
The Oil and Gas Authority (OGA) has reaffirmed its focus on the importance of collaboration and is urging industry to increase the pace at which licensees develop a culture of collaboration internally, and externally with existing joint venture (JV) partnerships and beyond.Further to the recommendations of Sir Ian Wood’s UK…
21 April 2017
Statoil has Received Consent to Drill an Exploration Well in Block 7219 in the Barents Sea.
Statoil is the operator for production licence 532 in the Barents Sea and has received consent to drill exploration well 7219/9-2 in a prospect named Kayak.The well's geographical coordinates will be:72o 19' 50.58" N19o 54' 24.10" EThe drilling site is 198 kilometres north-west of Sørøya in Finnmark and around 140…
21 April 2017
Rolls-Royce to Provide Mooring System for Statoil’s Oil Platform Njord A
Rolls-Royce has been chosen by Norway-based engineering and construction services firm Kvaerner to provide a mooring system for Norwegian oil and gas company Statoil’s oil platform, Njord A.Njord A is being upgraded by Kvaerner and Rolls-Royce has been chosen to provide an upgrade to its mooring system. The contract has…
20 April 2017
KBR to Provide Engineering Project and Construction Management Services for Chevron in Indonesia
KBR, Inc. announced today it has been awarded a contract by PT Chevron Pacific Indonesia for engineering, project and construction management services for Chevron's operating fields in Sumatra, Indonesia. The five year contract will be executed through a consortium formed between KBR and its Indonesian partner, PT Singgar Mulia Engineering…
20 April 2017
Lukoil Brings Platform Topside to the Caspian Sea
LUKOIL commenced transportation of the topside of a fixed offshore ice-resistant platform (LSP-2), intended for Phase 2 of Vladimir Filanovsky field in the Caspian Sea. A tugboat caravan will tow the topside, weighing over seven thousand tonnes, towards its destination in the Caspian Sea. The substructures of the platform were…
20 April 2017
Aker Solutions partners with Beerenberg for Johan Sverdrup hook-up work
Norwegian oilfield services company Beerenberg has won a hook-up contract with Aker Solutions worth NOK 200 million ($23.4 million) plus options for two installations on the Johan Sverdrup field in the North Sea.Beerenberg said on Wednesday that the agreement with Aker Solutions was signed on Friday, April 7.The company added…
20 April 2017
Positive Drilling Results in Myanmar
The Thalin-1B appraisal well (a re-entry and side-track of Thalin-1A) spudded in late February. The side-track was successful and Thalin-1B has acquired 99m (100% recovery) of core and wireline logs over the objective reservoir interval.Initial multi-rate drill stem test results from the lower reservoir section of Thalin-1B demonstrated sustained flow…
20 April 2017
Jersey Oil and Gas plc Final Results
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, is pleased to announce its audited results for the year ended 31 December 2016.HighlightsSuccessful, high impact, promoted farm-out of interest in Licence P.2170, Blocks 20/5b &…
20 April 2017
Cluff Natural Resources Plc Scoping Study Indicates Robust Economics for North Sea Gas Prospects on Licence P2248
CLNR, the natural resources investing company, is pleased to announce the results of an independent Scoping Study covering two prospects on its 100% owned Licence P2248 in the Southern North Sea gas basin, a proven region which has seen a significant pick-up in operational and corporate activity.HighlightsScoping Study by Xodus…
20 April 2017
Siem Helix 1 Commences Operations in Brazil
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that the Siem Helix 1 has commenced operations offshore Brazil and is on contract for Petroleo Brasileiro S.A. The vessel will be performing well intervention services under a multi-year contract with Petrobras. We have agreed with Petrobras to commence operations at…
19 April 2017
SPT Offshore in Double Boskalis Win
Boskalis has contracted SPT Offshore for installation of 174 suction pile foundations for the foundation of 58 suction bucket jackets for a part of Hornsea offshore wind farm Project One, by DONG Energy Wind Power.The jackets support the 7.0 MW Siemens wind turbines.In addition Boskalis has contracted SPT Offshore for…
19 April 2017
Wind Powered Oil Recovery Enters Next Stage of Development
The DNV GL-led joint industry project, WIN WIN (WINd powered Water INjection), has completed its first phase and reportedly determined that wind power could be used to power offshore water injection.The project is currently moving into its second phase, which includes refining and testing the electrical systems, and investigating possibilities…
19 April 2017
Ravn Production for Wintershall
Wintershall has launched production from its first operated field in the Danish sector of the North Sea with start-up of the Ravn platform.The field is now producing oil from the newbuild jack-up facility located in a water depth of around 4000 metres, 300 kilometres north of the Dutch town of…
19 April 2017
Minesto Awarded Consent for Holyhead Deep Installation
Leading tidal energy developer Minesto has taken yet another important step towards commercialisation of its unique Deep Green technology in Welsh tidal streams, as the company has received marine license for a 0.5MW installation in Holyhead Deep. Consenting authority Natural Resources Wales has approved a marine licence application by Minesto…
19 April 2017
ZTT, Wins $30 million Contract from Saudi Aramco
ZTT Group - leading global manufacturer of cable systems, released announcement that ZTT had received the purchasing contract from EMASCHIYODA, SAIPEM S.p.A. and been confirmed as the bidder of 33kV, 15kV of Hasbah II, MRJN&ZULUF, and SAFANIYA 10 these three projects from Saudi Aramco with total value of $30 million.Saudi…
19 April 2017
ZTT, Wins $30 million Contract from Saudi Aramco
ZTT Group - leading global manufacturer of cable systems, released announcement that ZTT had received the purchasing contract from EMASCHIYODA, SAIPEM S.p.A. and been confirmed as the bidder of 33kV, 15kV of Hasbah II, MRJN&ZULUF, and SAFANIYA 10 these three projects from Saudi Aramco with total value of $30 million.Saudi…
19 April 2017
21CXRM Palaeozoic Project Released for Underexplored Petroleum Systems
The Oil and Gas Authority (OGA) and The British Geological Survey (BGS) are pleased to announce the release of the 21st Century Exploration Roadmap (21CXRM) Palaeozoic Project, aiming to improve the knowledge and data from the underexplored Palaeozoic petroleum systems of the North Sea and Greater Irish Sea.The project was…
19 April 2017
TechnipFMC and DOF Subsea Announce the Delivery of Skandi Búzios and Commencement of Contract with Petrobras
TechnipFMC (NYSE and Euronext: FTI) and DOF Subsea (DOF) announce that the Skandi Búzios, a pipelay support vessel (PLSV) owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8-year charter contract with Petróleo Brasileiro S.A. (Petrobras), as scheduled on April 13th, 2017.Skandi Búzios is the…
18 April 2017
Solstad Wins with Saipem
Norwegian vessel owner Solstad Offshore said it has signed a frame agreement with Saipem (Portugal) Comercio Maritime for the subsea construction support vessel “Normand Cutter”.According to the Oslo-listed company the new deal is valid for 4 years.Through this agreement, Saipem can utilize the “Normand Cutter” to support their subsea construction…
18 April 2017
First Marine Solutions and Interocean Join Forces
First Marine Solutions (FMS) have signed an official alliance with Interocean Marine Services to combine their equipment and technical capabilities to offer enhanced integrated mooring solutions.As part of the deal FMS has bought £5 million worth of mooring equipment from Interocean, increasing their inventory value to £40 million.The alliance will…
18 April 2017
Wärtsilä to Power World’s First LNG Fuelled Offshore Construction Vessel
The technology group Wärtsilä is to supply the engines and other propulsion machinery for a new offshore construction vessel being built at the Cosco shipyard in China. The ship owner is Belgian operator Dredging International (DEME). This will be the first vessel of its kind to be fuelled by liquefied…
18 April 2017
Repsol Revs up Interest in Vietnam Field
Spanish energy company Repsol has agreed to boost its ownership of the under-development Ca Rong Do oil and gas field off south-east Vietnam by acquiring a joint venture partner's interest.The seller is Australian independent Pan Pacific Petroleum, which holds a 5% interest in Block 07/03 in the Nam Con Son…