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27 March 2017
TechnipFMC Bags Kaikias Award
TechnipFMC has been awarded a contract by Shell for the delivery, integration, and installation of the subsea production system (SPS) and subsea riser, jumper and flowline (SURF) equipment for phase one of the Kaikias deep water project in the Gulf of Mexico.“TechnipFMC has a proven track record of competitively designing…
24 March 2017
Statoil Lines up Cap-X for Bauge Development
Statoil is aiming to revolutionise the subsea market by introducing the Cap-X subsea concept that it developed in-house to develop the Bauge field off Norway, which is a part of the Njord Future project.The Norwegian Ministry of Petroleum & Energy (MPE) sent out invitations on Friday to several media outlets…
24 March 2017
Snorre Costs Concern Petoro
Statoil and its partners in the Snorre oilfield off Norway are working against the clock to agree on a cost-efficient plan to redevelop this North Sea giant, which has been producing oil since 1992.Field partner Petoro, a state-owned company, has for years fought for a solution to tap the remaining…
24 March 2017
Kosmos Spuds Fresh Wildcat Off Senegal
Kosmos Energy has spun the bit on its latest wildcat off West Africa as the US independent and partner BP kicked off a four-well drilling programme off Senegal and Mauritania.The pair have begun drilling operations at the Yakaar prospect in the Cayar Offshore Profond block with the Atwood Oceanics-owned drillship…
24 March 2017
DORIS Engineering Expands Renewable Offering
DORIS Engineering, known worldwide for its pioneering work in offshore oil and gas over the last 50 years, has formally announced its entry into the marine renewables market.DORIS, one of the world’s leaders in complex and challenging marine engineering & offshore services see this as being directly adaptable to the…
24 March 2017
BPTT Awards Cassia Job for C platform to Fluor
BP’s Trinidad & Tobago subsidiary BPTT has awarded a key engineering contract for a new offshore processing and compression platform to US contractor Fluor, putting the company in the driver’s seat for a potential construction contract.Fluor has been awarded the front-end engineering and design contract for the Cassia C processing…
24 March 2017
Floater Specialists Line up Bids as Petrobras Limbers up for Libra
A select group of leading floater specialists is preparing to submit fresh bids in little more than a week in a Petrobras tender that should kick off full-scale development of the giant Libra pre-salt field in Brazil's Santos basin.The contractors expected to submit bids on 4 April include Japan's Modec…
24 March 2017
TechnipFMC Delivers 20th Subsea Tree for Egina Field
TechnipFMC has reached a new milestone associated with Total’s Egina project with the delivery of the 2oth subsea tree for the ultra-deep field off the coast of Nigeria.Earlier this year, the first TechnipFMC subsea trees for Egina field were prepared in Dunfermline, Scotland, for completion at the company’s base in…
24 March 2017
DOF Hires Westcon for Vessel Conversion
Westcon Yards in Floro has won a contract with Norwegian vessels owner and offshore services provider DOF for reconstruction of the vessel MV Skandi Darwin.The subsea vessel Skandi Darwin, previously known as Olympic Commander, will be used by DOF on the Shell Prelude inspection, maintenance and repair (IMR) contract in…
24 March 2017
Parkmead Group Operational Update
Major progress on valuable development projects. Additional licence acquisitions· Doubled stakes in the Polecat and Marten oil fields to 100% in the UK Central North Sea in August 2016, which are jointly estimated to hold over 90 million barrels of oil in place· Increased stakes in the Perth and Dolphin…
24 March 2017
Extending Lifetime on Sigyn
The Norwegian Petroleum Directorate has granted consent for continued use of the subsea facilities on the Sigyn field in the North Sea from the end of 2017 until the end of 2022.In its application, operator ExxonMobil refers to current estimates which indicate production until the end of 2022.Sigyn’s subsea facilities…
24 March 2017
Statoil Receives Consent for Exploration Drilling in Block 7121
Statoil has received consent to drill exploration well 7121/8-1 in production licence 849. The well is to be drilled in a prospect named Blåmann, with these geographical cooordinates:71o 25' 43.88" N21o 38' 26.50" EThe drill site is in 376 metres of water, around 113 kilometres north-west of Hammerfest and 25…
24 March 2017
Minor Oil and Gas Discovery Northeast of Gullfaks in the North Sea - 34/10-55 S
Statoil Petroleum AS, operator of Gimle Unit and production licence 193, has completed the drilling of wildcat well 34/10-55 S.The well was drilled from the Gullfaks C platform to a structure east of the Gimle field, about 7 kilometres northeast of the Gullfaks field and 7 kilometres south of the…
24 March 2017
Extension of Trym Field Production
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to note the announcement from Maersk Oil today in relation the proposed redevelopment of the Maersk-operated Tyra production facilities in Denmark in 2019.Faroe’s operated Trym field (Faroe…
23 March 2017
Eni in Goliat Drilling Effort
Eni ams to tap additional resource potential at its Goliat oilfield in Norway’s sector of the Barents Sea with a drilling effort targeting the Snadd formation underlying the field.The Italian operator has applied to the country’s Environment Agency to drill a total of three wells - one pilot and a…
23 March 2017
Aker BP in Storklakken Sale
Aker BP has sold a stake in its operated Storklakken discovery off Norway to Polish player PGNiG under a requirement from the authorities as it seeks to submit a field development plan later this year.PGNiG Upstream Norway will acquire a 35% interest in production licence 460 that hosts the North…
23 March 2017
Odfjell Drilling Gets LoI for Work in South-East Asia
Odfjell Drilling has, on behalf of Golden Close Maritime Corp, secured a Letter of Intent (LoI) for a two well contract for the ultra deepwater drillship, Deepsea Metro I.The unit is owned by Golden Close Maritime Corp. and managed by Odfjell Drilling.The area of operation is in South-East Asia. Deepsea…
23 March 2017
Eni Hits Oil Pay at Mexico Probe
Italy's Eni has unearthed a large amount of oil pay at the first in a series of appraisal wells to be drilled in shallow water off Mexico.The major said the find at the Amoca-2 probe in the south-west of the Bay of Campeche "indicated a meaningful upside to the original…
23 March 2017
Saipem and Siemens Ink Subsea Technology Pact
Saipem and Siemens have signed a joint development agreement aimed at qualifying and promoting an open standard subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid.Siemens will through its Subsea entity support Saipem in realizing the Saipem Subsea Bus architecture, by adapting and further developing the…
23 March 2017
Eni Awarded Two New Blocks Offshore Ivory Coast
Eni today announced that it has obtained majority stakes in two new exploration blocks off the shore of the Ivory Coast. The two blocks are located approximately 50 km from the country’s coastline.The two deep offshore blocks, denominated CI-101 and CI-205, are in the eastern part of the prolific Tano…
23 March 2017
Successful Gulf of Mexico Lease Sale Yields $275 Million in High Bids on 913,542 Acres in Central Planning Area
U.S. Secretary of the Interior Ryan Zinke today announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico garnered $274,797,434 in high bids for 163 tracts covering 913,542 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi, and Alabama. A…
23 March 2017
JDR and Proserv Form Strategic Alliance in West Africa
Under the strategic alliance, JDR will establish a service and maintenance base in Proserv’s operations facility in Port Harcourt, Nigeria. Together, the companies will offer combined subsea solutions and local content support to the West African market. JDR’s offering will include maintenance and offshore installation services, product termination and testing…
23 March 2017
£1million Funding to Encourage Oil and Gas Innovation
The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance.OGIC has made £1 million available to support companies with projects that require research…
23 March 2017
Cyprus to Move Forward With More Oil Drilling Licensing
Cyprus will move ahead with further licensing for oil drilling after analyzing the results of its most recent exploration, the country's energy minister Yiorgos Lakkotrypis said on Wednesday.Cyprus announced the completion of a third round of licensing for well drilling in which Exxon Mobil, Italy’s ENI and France’s Total won…
23 March 2017
MeyGen Phase 1A Approaches 400MWh of Generation
Atlantis, a global leader in the tidal power sector, confirms that having entered operation in November 2016 and been awarded full Ofgem accreditation as a 5 ROC project in February 2017, the MeyGen array continues to deliver clean, sustainable and predictable electricity to the National Grid. In the first three…
23 March 2017
Maersk Oil Welcomes Agreement Encouraging a Full Redevelopment of the Tyra Field
Maersk Oil has today, on behalf of the Danish Underground Consortium (DUC), reached an agreement with the Government of Denmark which will facilitate future oil and gas investments in the Danish North Sea and protect industry jobs in Denmark. The agreement provides the terms that enable the DUC partners to…
23 March 2017
The OGA Awards 25 Licences in 29th Offshore Licensing Round
The Oil and Gas Authority (OGA) has offered for award 25 licences for 111 blocks or part blocks to 17 companies in the 29th Offshore Licensing Award to enable further exploration and production across frontier areas of the UK Continental Shelf (UKCS).The 29th Licensing Round was the first licensing round…
22 March 2017
GE Oil & Gas Opens New Deepwater Service Center in Ghana
GE Oil & Gas has opened a new facility in Takoradi Port, Ghana.The company has committed to deliver more than 45,000 training hours for Ghanaian personnel over the next five years.The facility, which will be the primary service center for deep-water offshore projects in Ghana, has a 1,600 square meters…
22 March 2017
Maersk Supply Service and DeepGreen in Seabed Minerals Campaign
Maersk Supply Service has partnered with DeepGreen Resources to recover polymetallic nodules from the Clarion Clipperton Zone of the Pacific Ocean.DeepGreen is advancing the NORI Area D Project (NORI D Project) through its wholly owned subsidiary Nauru Ocean Resources Inc. (NORI).The NORI D Project is conducted in cooperation with the…
22 March 2017
4Subsea Awarded Master Service Agreement with Statoil
4Subsea will deliver services and research projects related to structural integrity of fixed and floating offshore installations.The contract with Statoil covers the entire range of 4Subsea’s services; from oil and gas to renewable energy projects, from operational services to research and development, and from digital services and monitoring to traditional…
22 March 2017
Alam Maritim Wins Subsea Contract
Malaysian OSV operator Alam Maritim has announces that is has been awarded a contract the provision of subsea inspection, maintenance and repair (IRM) services by an unnamed oil and gas exploration and production company.The cotract is for the primary period of two years with an extension option of one year.…
22 March 2017
Ramform Hyperion is Launched
PGS has completed its newbuild program and has a fleet that is stronger than ever. Ramform Hyperion was celebrated in a naming ceremony at the Mitsubishi Heavy Industries Shipbuilding Co. yard in Nagasaki, Japan today.The Ramform design was created by Roar Ramde in the early 1990’s and has been taken…
22 March 2017
Framework Agreement with Energinet.DK for the Contingency Repair of Subsea Cables
Energinet.dk has awarded a framework agreement to JD-Contractor A/S for the contingency repair of its subsea cables. The agreement covers all Energinet.dk subsea asserts in Denmark, among others the transmission systems and the export cables for all Danish Offshore Windfarms.The agreement will run from September 2016 for a fixed period…
22 March 2017
Magseis ASA Enters into a Letter of Intent for Potential Charter of Vessel and Lease of Equipment
Magseis has today entered into an LOI with a large provider of offshore vessels regarding a potential charter of one of their vessels. Such agreement includes an option for the lease of certain seismic equipment.Operational performance continues to be strong and the Company expects that Q1 2017 revenues will be…
22 March 2017
Block Offer 2017 Tender Opened
Energy and Resources Minister Judith Collins has opened the Block Offer 2017 tender for petroleum exploration permits.The tender includes five offshore release areas, two onshore release areas, and one offshore/onshore release area, totalling 481,735 km².The launch of the tender follows extensive consultation with 146 iwi and hapū groups and 43…
22 March 2017
James Fisher & Sons Acquire Roto 360 Ltd
James Fisher and Sons Plc ("James Fisher") announces the acquisition of the entire share capital of Rotos 360 Limited ("Rotos360") for an initial consideration of £1.5m in cash, with potential further consideration of up to £5.0m subject to profit targets for the three years ending 31 December 2019.Rotos360 uses the…
21 March 2017
Deepsea Stavanger in Drilling Start at Maria
Odfjell Drilling’s semi-submersible Deepsea Stavanger has now started work on its contract for production drilling at Wintershall’s Maria field being developed off Norway, with another of the contractor’s rigs reportedly lined up for a further drilling job for Statoil.The first development well is set to be drilled imminently at the…
21 March 2017
Geokinetics to Shoot Seismic for Brunei Shell Petroleum
Geokinetics has secured a contract from Brunei Shell Petroleum (BSP) to acquire a high resolution 3D seismic survey offshore Brunei Darussalam.The acquisition is scheduled for Q2 2017 and involves the deployment of a hybrid recording solution that comprises both towed streamers and ocean bottom nodes.David Crowley, president and CEO of…
21 March 2017
Eni’s Jangkrik FPU Ready to Sail
Eni’s Jangkrik floating production unit (FPU) vessel is ready to set sail and make its way to the Italian player’s Muara Bakau block, off Indonesia.The vessel, which was named on Tuesday at the Saipem Karimun yard in Indonesia by the country’s energy minister, Ignasius Jonan, will be located in the…
21 March 2017
Stepping Stones to Start-up
The Stones development, which began production in September 2016, is the deepest offshore oil and gas production facility to date, situated in 9500 feet of water.It is also only the second floating production, storage, and offloading (FPSO) vessel installed in the hurricane-prone US Gulf of Mexico.The development plan called for…
21 March 2017
EnerMech Lands Prelude FLNG Job
Aberdeen-based engineering group EnerMech has been awarded a pre-commissioning subcontract by Technip Oceania, part of TechnipFMC, on the Prelude floating liquefied natural gas project, off Western Australia.The work scope will include the pre-installation filling of the risers, riser leak testing, pressure monitoring of the umbilical and electrical steel flying lead…
21 March 2017
Kraken Output in View for EnQuest
EnQuest is on target to start production from its Kraken development off the UK within the next three months, ushering in a period of cash generation and debt reduction at the UK independent.Kraken, the large heavy-oil development east of the Shetlands that is crucial to EnQuest’s future, is expected to…
21 March 2017
Cyprus Approves Eni, Total, Exxon Offshore Block Deals
Cyprus's cabinet on Friday approved contracts with France's Total, Italy's Eni , Exxon Mobil and Qatar Petroleum to explore for oil and gas in offshore areas south of the island, officials said.Exploring the Mediterranean's Levant Basin has become more attractive since Eni discovered Egypt's offshore Zohr field in 2015, the…
21 March 2017
Shell to Drill New Wells by End-2018 to Shore up Australia Gas Supply
Royal Dutch Shell said on Tuesday it will drill 161 new gas wells at its Queensland operations by the end of 2018, helping to underpin its promise to continue supplying 10 percent of the domestic gas market to help prevent a shortage.The project at its QGC operations in the Surat…
21 March 2017
Subsea 7 Awarded Contract Offshore Gulf of Mexico
Subsea 7 announced today the award of a large(1) contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans.The contract scope covers engineering, procurement, construction and installation (EPCI) of the subsea umbilicals, risers and flowlines (SURF) and associated subsea architecture.Subsea…
21 March 2017
TechnipFMC Awarded an Onshore Contract in Ghana
TechnipFMC has been awarded a contract by ENI Ghana E&P Limited (a subsidiary of ENI, GNPC(1) and Vitol), for the onshore part of the OCTP(2) development of the Sankofa field, offshore Ghana.Under this contract, TechnipFMC will perform the project management, engineering, supply, construction and commissioning (EPC) for the Onshore Receiving…
21 March 2017
Aker Solutions Secures FEED Contract for Johan Sverdrup Phase II
Aker Solutions secured a front-end engineering and design (FEED) contract from Statoil for the second phase of the major Johan Sverdrup development offshore Norway.The FEED work is for a new processing platform and the bridge that will connect it to the development's riser platform. The contract also includes the design…
21 March 2017
Kvaerner Awarded Jacket FEED Study for Johan Sverdrup Phase 2
Kvaerner has signed a contract with Statoil for delivery of a FEED study on Johan Sverdrup Phase 2 for P2 Jacket. The work will be performed by Kvaerner's specialised design engineering group for steel substructures.Kvaerner has signed a contract with Statoil for delivery of a FEED study on Johan Sverdrup…
21 March 2017
Proceeding With Phase 2 of the Johan Sverdrup Development
The Johan Sverdrup partnership has now decided to proceed with (DG2) Phase 2 of the Johan Sverdrup development, awarding FEED contracts to Aker Solutions, Kværner and Siemens.Phase 1 of Johan Sverdrup is under development, with first oil scheduled for late 2019. The partners will now proceed with maturing Phase 2…
20 March 2017
Petrobras Overturns Libra Injunction
Brazil’s Petrobras has overturned an injunction that prevented the oil giant from conducting a much-awaited tender for a large floating production, storage and offloading vessel for the Libra pre-salt area.A Petrobras spokesperson confirmed to Upstream that Brazilian federal judge Neviton Guedes ruled last Friday that Petrobras can now move forward…