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7 March 2017
Erin Energy Announces Execution of a Drilling Rig Contract
Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT:ERN) (JSE:ERN) announced today the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig.Erin Energy plans to use this rig to drill the Oyo-9 well (Oyo-9) on the Oyo field in the deepwater…
7 March 2017
CNR Submits Decom Draft for Ninian North Platform
Oil and gas company Canadian Natural Resources (CNR) has submitted a draft of a decommissioning plan for its Ninian North platform (NNP) in the North Sea to the UK’s Oil and Gas Authority (OGA).The company plans to start the abandonment of the Ninian North platform this year.A cessation of production…
6 March 2017
Trelleborg Sets Up GoM Buoyancy Repair at Chet Morrison Contractors
Trelleborg’s offshore operation has formalized its Drill Riser Buoyancy Module (DRBM) repair offering for the Gulf of Mexico through its partnership with the Deepwater Riser Services division of Chet Morrison Contractors.DRBMs are installed to reduce a drilling riser’s net weight in water, and ensure that the structure and drilling vessel…
6 March 2017
Hydro Group Partners with MacTaggart Scott in Australia
Aberdeen-headquartered Hydro Group has announced partnership agreement with MacTaggart Scott Australia.The partnership is focused on consolidating Hydro Group’s current work on the Royal Australian Navy Collins class submarines and to extend its services to aid the Australian capability for future submarine and future frigate. In addition, the company will offer…
6 March 2017
VNG Awards Further FEED Contracts for Pil & Bue
VNG Norge has awarded front end engineering and design (FEED) contracts for the subsea structures, umbilicals, risers & flowlines, and subsea production systems for the Pil & Bue developments.The contract for the subsea structures, umbilicals, risers & flowlines (SURF) was awarded to Subsea 7 and TechnipFMC.The second FEED contract, for…
6 March 2017
Sterling Resources Ltd Announces Agreement to Sell UK Operating Subsidiary to Orange-Nassau Energie B.V.
Sterling Resources Ltd. (TSX-V:SLG) (“Sterling” or the “Company”) announces that it, together with its wholly-owned subsidiary SRUK Holdings Ltd. (“SRUK Holdings”), has entered into a definitive agreement (the “Share Purchase Agreement”) with Oranje-Nassau Energie B.V. (“ONE”), the largest privately owned Dutch exploration and production company, pursuant to which ONE has…
6 March 2017
China Launches World’s Largest Oil Exploration Sea Platform
China has put into service what it claims is the world’s largest and deepest-operating offshore oil exploration platform, the Bluewhale I, the state broadcaster reported on Saturday.The rig has a total deck area about the size of a soccer field with a sophisticated drilling system that can reach the seabed…
6 March 2017
GC Rieber Shipping - Four Month Charter for the Polar Onyx
GC Rieber Shipping has entered into a four month time charter agreement for the SURF vessel Polar Onyx. The charter will commence shortly and will see the vessel continue operating in West Africa. There are in excess of two month options that could follow the firm period.
6 March 2017
DeepOcean Awarded SURF Contract from BP for the Foinaven Field
DeepOcean today announced that it had received a call-off under its new Master Service Agreement (MSA) with BP Exploration Operating Company Ltd.The call-off covers the installation of a new flexible water injection riser and the recovery of the existing water injection riser in the Foinaven field, West of Shetland, in…
6 March 2017
Lundin Petroleum spuds appraisal wells on the Edvard Grieg Field in the North Sea and on the Gohta Discovery in the Southern Barents Sea
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced appraisal drilling on the Edvard Grieg field and the Gohta discovery.The appraisal well 16/1-27 in PL338 on the Edvard Grieg field is being drilled on the southwestern flank of…
3 March 2017
Western HVDC Link: Survey Works of Cable Installation in Liverpool Bay, Irish Sea, North Channel and Firth of Clyde
Mariners are advised that survey works for the installed cable sections on the Western HVDC Link route are due to be start in early March 2017. Information about the nature and location of the survey work is provided in a Notice to Mariners that can be downloaded here and which…
3 March 2017
Polarcus Secures Further Extension to South American Campaign
Reference is made to the stock exchange release issued on 08 February 2017 in which Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announced an award for an extension of the 3D marine seismic project in South America with an option for further expansion of the survey area.The Company is…
3 March 2017
The OGA Publishes Five Year Review of Major Oil and Gas Projects in ‘Lessons Learned from Oil and Gas Projects 2011-2016’ Report
The Oil and Gas Authority (OGA) has published a comprehensive five-year review of major oil and gas projects undertaken on the UK Continental Shelf (UKCS), while also setting out its expectations for robust future project delivery.The successful development of new oil and gas fields is a vital part of ensuring…
3 March 2017
AGR Bags New Wintershall Contract
Wintershall Norway has awarded AGR a contract for a feasibility study in the Barents Sea.The contract will see AGR monitor and identify the optimum design, drilling and testing techniques required to carry out efficient exploration activity.The study will also include the evaluation of emergency preparedness and risk management.Tore Øian, VP…
3 March 2017
Polarcus Secures Additional Backlog in Australia & West Africa
Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has finalized a contract for 3D marine seismic acquisition in Australia. The program will deliver a high quality broadband data-set utilizing one of the Company's highly efficient Polarcus X-bow vessels operating under the Polarcus Explore…
3 March 2017
Mexico to Launch Two Annual Oil Auctions Beginning in 2018
Mexico's oil regulator will organize two annual oil auctions beginning in 2018, officials said Thursday, in a bid to further boost the number of private and foreign producers operating in the country.Part of an ongoing overhaul of Mexico's energy sector, the post-2018 auctions will follow three previously announced ones set…
3 March 2017
Repsol has Received Consent to Drill Exploration Well 6705/7-1 in the Norwegian Sea.
Repsol Norge AS (Repsol) is the operator for production licence 705 in the Norwegian Sea.The PSA has given Repsol consent to drill exploration well 6705/7-1 in a prospect named Stordal. The well's geographical coordinates will be:67o 15' 05.14" N05o 10' 29.12" EThe drilling site is in the deep-water section of…
2 March 2017
Premier Ready for Big Push at Tolmount
Premier Oil is set to announce within weeks fresh progress on the £435 million ($535 million) first phase of its promising Tolmount gas development in the UK southern North Sea, a senior executive has confirmed.Stuart Wheaton, Premier’s UK director, on Wednesday called Tolmount a “very exciting new project … which…
2 March 2017
Suncor 'Stalls' on Beta
Suncor Energy is reportedly stalling on a decision to move forward with development of its Beta discovery off Norway after filing an application with the authorities for an extended deadline.The Canadian player had a previous deadline of 6 January to decide whether to proceed with the project but, as this…
2 March 2017
Aker BP Gains Volund Well Nod
Aker BP has gained consent from the safety authorities to drill an exploration well at the West Volund prospect, targeting more resources near its producing Volund field off Norway.The Anglo-Norwegian operator will sink the 24/9-11S probe using 1987-built semi-submersible Transocean Arctic at a location about 7.5 kilometres west of the…
2 March 2017
SapuraKencana in $100m Deals
Malaysian contractor SapuraKencana Petroleum has landed a series of contracts worth nearly $100 million, with compatriot state player Petronas among the clients.The company has scooped an umbrella contract from Petronas covering the installation of platforms, structures and pipelines in Malaysian waters. That contract starts this year and lasts one year.Petronas…
2 March 2017
3sun Group Wins Galloper Contract
Expanding company 3sun Group has secured the contract for pre-assembly of the 56 turbine towers for the £1.5billion Galloper Offshore Wind Farm in its home town.The specialist provider of products and services to the global energy industry won the contract with turbine manufacturer Siemens against strong international competition.Forty of the…
2 March 2017
Plexus Nets New Order from Nexen
Plexus Holdings has been awarded a well order from Nexen Petroleum UK (Nexen) for the Glengorm exploration well in the Central North Sea. Under the terms of the contract, Plexus will supply Nexen with its POS-GRIP wellhead and Tersus mudline equipment.Nexen has selected Plexus’ high pressure/high temperature (HPHT) 18-3/4″ 15M…
2 March 2017
Prysmian Sets Up Wikinger Inter-Array Cables
Italian subsea cable specialist Prysmian said it has completed the laying phase for the Wikinger offshore wind farm ahead of schedule.Termination and testing works are currently in progress.“This milestone, which is quite uncommon in the offshore wind market, highlights the Group’s capabilities in managing turnkey inter-array contracts and re-affirms the…
2 March 2017
Acquisition of SNS Pipeline Update
Independent Oil and Gas plc ("IOG" or the "Company") (AIM: IOG.L), the development and production focused oil and gas company, is pleased to provide an update on the proposed pipeline acquisition as announced on 16 January 2017. Substantial progress has been made on the sale and purchase agreement and it’s…
2 March 2017
L&T Hydrocarbon Engineering Signs 5-year Framework Agreement with Shell for Engineering, Procurement & Construction Management Services
L&T Hydrocarbon Engineering (LTHE), a leading Engineering & Construction company and a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed an Enterprise Framework Agreement (EFA) with Shell Global Solutions International B.V., for providing Engineering, Procurement and Construction Management (EPCM) Services for Shell projects in the Middle East, South East…
2 March 2017
McDermott Awarded Offshore Subsea Contract From Hess Corporation
McDermott International, Inc. (NYSE:MDR) announced today a contract award from Hess Corporation for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. “This marks our first project with Hess Corporation in recent history and we look forward to providing industry best operational excellence,…
2 March 2017
Wood Group Begins Detailed Engineering of Leviathan
Wood Group recently completed the seven month front end engineering design (FEED) for Noble Energy’s Leviathan Field Development Project in the Eastern Mediterranean Sea and has started the detailed engineering for the platform – including the topsides and jacket. The FEED and detail design has a total contract value of…
2 March 2017
Drilling Permit for Well 6507/3-12 A in Production Licence 159 B
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 6507/3-12 A, cf. Section 8 of the Resource Management Regulations.Well 6507/3-12 A will be drilled with the Deepsea Bergen drilling facility at position 65°58' 3.93" north and 7°56' 1.64" east.The drilling program for well 6507/3-12 A…
2 March 2017
ABB Completes Divestment of Cable Business to NKT
ABB has successfully completed the divestment of its high-voltage cables and cable accessories businesses to NKT Cables, creating a leading power cable company. The transaction was completed on March 1, 2017.The divestment, which was announced in September 2016, is in line with ABB’s commitment to active portfolio management, a key…
1 March 2017
ABS Takes Offshore Safety to New Depths
Expanded subsea services team enhances verification and validation services with predictive data analytics for greater assurance in subsea operations.(Houston) ABS, the leading provider of classification and technical services to the offshore industry, has expanded its subsea services team to deliver specialized validation and verification services for subsea systems, including subsea…
1 March 2017
Total and Petrobras Seal Their Strategic Alliance Through the Signature of Definitive Contracts
Petrobras and Total inform that they have signed yesterday definitive contracts in relation to the package of assets contemplated in the Strategic Alliance, as defined in the 21st of December, 2016 Agreement. The contracts signed yesterday seal the Strategic Alliance between the two companies creating new partnerships in the Upstream…
1 March 2017
Forum Seals Mojave ROV Deal with Norwegian Firm
Forum Energy Technologies, Inc. has delivered a Remotely Operated Vehicle (ROV) to ESEA Submarine AS to perform a variety of offshore roles, including inspection, survey and salvage work.The powerful and compact Sub-Atlantic™ Mojave will also be used by ESEA Submarine’s sister company, ESEA Marine AS, which has customers that include…
1 March 2017
JFD and Wuhu Sign Joint Venture
JFD and Wuhu Diving Equipment Factory sign joint venture to further strengthen presence in the Chinese market.JFD, the world-leading subsea operations and manufacturing company and part of James Fisher and Sons plc, has expanded into the Chinese market through the signing of a joint venture with Wuhu Diving Equipment Factory.Wuhu…
1 March 2017
Seaway Heavy Lifting and IHC IQIP Cooperate on Beatrice Offshore Wind Farm
Seaway Heavy Lifting (SHL) and IHC IQIP will cooperate on the Beatrice offshore wind farm. This extends the existing relationship between the two organisations, which has seen them collaborate on several installation and decommissioning projects in both the oil and gas, and offshore wind markets. The Beatrice project includes the…
1 March 2017
DEME orders next generation offshore installation vessel ‘Orion’
‘Orion’ will feature an unrivalled combination of exceptionally high transport and load capacity, impressive lifting heights and green technology. The vessel will be built at COSCO in China and is set to be delivered in 2019.‘Orion’ will be deployed by DEME’s subsidiary GeoSea for the construction of the largest offshore…
1 March 2017
Odfjell Drilling Signs a Letter of Award with Oil Major for Work in South Africa
Odfjell Drilling has signed a conditional letter of award with oil major for a one well contract to be drilled by the 6th generation semi-submersible, Deepsea Stavanger, offshore South Africa. The contract commencement is back to back with completion of the upcoming contract with Wintershall Norge on the Maria field.…
1 March 2017
Shell Takes Final Investment Decision for the Kaikias Deep Water Project in the Gulf of Mexico
Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, and MOEX North America LLC (MOEX NA), a wholly owned subsidiary of Mitsui Oil Exploration Co., Ltd, have each taken the final investment decision to execute phase one of the Kaikias deep-water project in the US Gulf of Mexico.…
28 February 2017
Vestdavit Mission Accomplished on Ramform Safety
Seatrials are underway in Japan involving Ramform Hyperion, the last of four ships built to the seismic sector’s all-time highest specifications, completing a project that shows the way distinctive design also demands innovation from the equipment keeping ships safely in service.Reckoned to be the widest monohulls at the waterline ever…
28 February 2017
MOL to Invest in Self-Elevating Platform Vessel Operator - Moving into Offshore Business Following FPSO, FSRU, Shuttle Tanker, and Subsea Support Vessel -
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels (*1), from Marubeni Corporation (headquarters: Chuo-ku, Tokyo; President and CEO; Fumiya Kokubu).This is a new offshore business…
28 February 2017
Eidesvik Offshore Sells Viking Poseidon
Eidesvik Offshore has entered into an agreement for the sale of its vessel Viking Poseidon with a buyer which the company left unnamed.The Norwegian vessel owner will deliver the Viking Poseidon to its new owner mid-March 2017.In June 2016, the vessel was chartered by Siemens for offshore wind farm operations…
28 February 2017
Bidding Period Extended, Winners to be Announced at Africa Oil & Power in June 2017
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has extended the official closing date of the EG Ronda Licensing Round to April 28, 2017. Responding to a wave of new exploration interest, the Equatorial Guinea Government wants to give companies more time to participate.“We can see that the industry…
28 February 2017
New Commissioning Contract for IKM Testing Spain.
IKM Testing Spain has been awarded with a new commissioning contract with Dragados Offshore.IKM Testing Spain has been awarded with a new commissioning contract with Dragados Offshore.The contract awarded covers following scope:- Prefabrication and test at workshop for Flooding and Grouting systems.- Tests at assembly area for Flooding system, Grippers…
28 February 2017
Ophir Vessel Selected
The co-owners of the Ophir oilfield in Malaysia have selected a vessel for conversion into the floating production, storage and offloading vessel for the project.MTC Engineering, a Malaysian contractor, has bought an oil tanker - Puteri Bangsa - for conversion into the MTC Ledang FPSO, said Ophir project co-owner Octanex.Conversion…
27 February 2017
Webtool Introduces Gripping and Lifting Tool for Recovering Subsea Cables
Webtool has announced a gripping and lifting tool for recovering subsea cable during offshore wind projects. The Cable Retrieval Tool (CRT200), developed in consultation with DNV GL, allows the safe and controlled recovery of damaged cable up to 8” (203 mm) diameter. The CRT200 cable gripper provides a cable recovery…
27 February 2017
Centrica Delays Fogelberg PDO
Following the selection of the subsea connection to Åsgard B platform as the development concept for Fogelberg discovery, Centrica and its partners informed that the submission of plan for development and operation (PDO) will be delayed until June 2019.The previously expected date for the submission was in 2018.“I can confirm…
27 February 2017
Airborne Oil & Gas Bags Shell Contract
Airborne Oil & Gas has been awarded a qualification program from Shell for a high-pressure, deepwater thermoplastic composite pipe (TCP) jumper spool.Its first application is anticipated in the Gulf of Mexico region.Tom Moroney, Shell’s vice president Deepwater & Wells Technology said: “Airborne Oil & Gas’ flexible composite pipe is light…
27 February 2017
Europe Multi Million Cash Boost to Scotland – Norway Electricity Connection
EU agrees €10mn finance to support development of strategic North Sea interconnectorPlans for an electricity superhighway between Scotland and Norway got the backing of the European Union February 2017, with an agreement to part fund the development phase of the 650km interconnector.Following the positive decision, NorthConnect, a power interconnector project…
27 February 2017
Gabon: Total Sells Interests in Mature Fields to Perenco and Optimizes its Operations
Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities.This agreement includes the sale of the Group’s 100%-owned affiliate Total Participations Petrolières Gabon, which holds interests in 10…
27 February 2017
Consent for manned underwater operations
Aker BP, ExxonMobil, Gassco and Statoil have received consent for manned underwater operations in 2017.Statoil has signed framework agreements with Technip Norge AS (Technip) and Subsea 7 Norway AS (Subsea 7) on the performance of manned underwater operations in 2017. Through a Pool Agreement, ExxonMobil E&P Norge AS and Gassco…