Search News
Latest News
26 January 2017
Statement from Deepwater Wind on Long Island Power Authority Approval of Power-Purchase Agreement for South Fork Wind Farm
“This is a big day for clean energy in New York and our nation. Governor Cuomo has set a bold vision for a clean energy future, and this project is a significant step toward making that a reality. The South Fork Wind Farm will be the second offshore wind farm…
26 January 2017
BP Energy Outlook: An Energy Transition is Underway
Global energy demand to increase by around 30% to 2035, driven by increasing prosperity in developing countries, partially offset by rapid gains in energy efficiencyTechnological improvements and environmental concerns are changing the mix of primary energy demand but oil and gas, together with coal, remain the main source of energy…
26 January 2017
Gazprom Neft Acquires Offshore Licence in the Sea of Okotsk
Gazprom Neft subsidiary Gazpromneft Sakhalin has acquired a licence for the exploration, development and production of hydrocarbons at the Ayashsky block, located on the continental shelf of the Sea of Okhotsk. The licence, awarded by the Federal Subsoil Resources Management Agency (Rosnedra), runs until 1 July 2039.The Ayashsky block, located…
26 January 2017
Flemish Pass Exploration Drilling Project — Federal Funding Available
The Canadian Environmental Assessment Agency (the Agency) is making funding available through its Participant Funding Program to assist the participation of the public and Indigenous groups in the federal environmental assessment of the proposed Flemish Pass Exploration Drilling Project, located approximately 480 kilometres east of St. John's, Newfoundland and Labrador,…
26 January 2017
TechnipFMC Receives Well Intervention Work from INPEX in Australia
A subsidiary of TechnipFMC (NYSE and Euronext: FTI) has entered into an agreement with INPEX Operations Australia for Riserless Light Well Intervention (RLWI) services in the Ichthys field, approximately 220-kilometers offshore of Western Australia, for the Ichthys LNG Project.Under the agreement, TechnipFMC will deploy its deepwater RLWI stack and two…
26 January 2017
Ocean Installer Has Been Awarded a Contract for Riser Installation Work in Australia.
The firm work scope encompasses the installation of flexible risers and flowlines as well as options for additional support work. Ocean Installer is conducting the work as a subcontractor to McDermott International, Inc. “This is Ocean Installer’s first job in a region where we aim to establish ourselves. This is…
25 January 2017
VBMS to Deliver East Anglia ONE Inter-Array Cables
Boskalis’ subsidiary VBMS has been awarded a cabling contract with a value of approximately EUR 100 million by ScottishPower Renewables, for the East Anglia ONE offshore wind farm.The scope of work for VBMS consists of the supply, installation and burial, as well as termination and testing of 102 66kV inter-array…
25 January 2017
Rotterdam Offshore Group upgrades world’s largest jack-up vessel – Seajacks Scylla
The world’s largest jack-up vessel Seajacks Scylla, has recently visited the Rotterdam Offshore Group (ROG) terminal in the Waalhaven, after her first successful assignment on phase 1 of the Veja Mate Offshore Windpark project.During the vessels stay at the Waalhaven facility, ROG performed an upgrade on the vessels mooring system.…
25 January 2017
McDermott Wins Middle East Pipelay Job
McDermott has been awarded an offshore pipelay contract in the Middle East.The pipelay contract includes the engineering, procurement and installation of two oil pipelines offshore.Work on this contract is expected to be completed by the end of the second quarter in 2018.“This contract marks another example where our clients in…
25 January 2017
McDermott Grabs Another Saudi Aramco EPCI Contract
McDermott has been awarded a contract from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Safaniya and Zuluf fields offshore Saudi Arabia.The brownfield project is part of a wider program to replace aging facilities with electrified platforms to enhance the potential of the fields.The contract includes…
25 January 2017
Filled to Capacity at Aibel Haugesund
No less than six ships have docked at Aibel Haugesund this week. The ships are in for overhauling, classification and upgrading.Deep Wave and Deep Investigator from shipowner DeepOcean are undergoing upgrading/classification and demobilisation/smaller upgrades. Edda Fides and Edda Fonn are visitors from shipowner Østensjø, while Normand Oceanic have arrived from…
25 January 2017
Largest Subsea Power Cable Comes Ashore in Ayrshire
The world’s largest subsea power cable comes ashore at Ardneil Bay in North Ayrshire.At around 385km long, it’s a crucial part of the £1billion Western Link project, a joint venture between ScottishPower and National Grid to take renewable power from Scotland to homes and businesses in England and Wales.The laying…
25 January 2017
Contract Extension for Bideford Dolphin
Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a one well contract extension with Statoil for use of the semi-submersible drilling rig Bideford Dolphin for operation on the Norwegian Continental Shelf, with commencement in direct continuation of the current contract. The one-well program is estimated…
25 January 2017
Deepsea Metro I Secures Work in the Philippines
Odfjell Drilling has, on behalf of Golden Close Maritime Corp. Ltd., secured a one well contract for the ultra deepwater drillship, Deepsea Metro I, through the signing of a contract with Galoc Production Company W.L.L., a wholly owned subsidiary of Nido Petroleum Limited.The area of operation is offshore Philippines. The…
25 January 2017
Acta Marine Contracts Ulstein for Wind Vessel
Ulstein Verft AS has signed a contract for the building of a DP2 Construction Support Vessel (CSV) for the Netherlands based Acta Marine B.V. The vessel is primarily aimed at the offshore wind market and carries the new SX195 design from Ulstein Design & Solutions AS.“We are expanding our services…
24 January 2017
Australia, East Timor Aim to Agree Maritime Border by Sept
Australia and East Timor said on Tuesday they aim to reach an agreement on a maritime border by the end of September, which would end a decade-old row between the two nations that has stalled a $40 billion offshore gas project.Australia has previously resisted renegotiating a permanent border but under…
24 January 2017
Java Offshore Acquires Asian Geos SDN BHD
Java Offshore Sdn Bhd has recently completed the acquisition of a majority stake in Asian Geos Sdn Bhd, a specialist Offshore Geotechnical and Geophysical service provider within the Asia Pacific market from both Gardline Geosciences Ltd and Helms Geomarine Sdn Bhd.The acquisition will further enhance Java Offshore’s existing portfolio of…
24 January 2017
Fluor Selected as Engineering Services Provider by NCOC in Kazakhstan
Fluor Corporation announced today that it was awarded a two-year engineering services framework agreement with North Caspian Operating Company (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region.NCOC operates oil and gas activities under the North Caspian Sea Production Sharing Agreement, including Kashagan, one of…
24 January 2017
Reach Subsea Hires Havila Vessel on 3-year Deal
Norway’s shipowner Havila Shipping has entered into an agreement with Reach Subsea ASA for use of the subsea vessel Havila Subsea for three years. The agreement also includes two optional periods, each of one year.Reach will mobilize ROV and survey equipment on board, which constitutes a subsea spread that will…
24 January 2017
Spectrum ASA: Commencement of a 6,000 km Multi-Client 2D Survey Offshore Brazil in the Potiguar Basin
Spectrum is pleased to announce the commencement of a 6,000 km Multi-Client 2D survey offshore Brazil in the Potiguar Basin.The new acquisition program is an extension of Spectrum's 2013 Potiguar Phase 1 survey. Spectrum continues to add to an extensive Equatorial Margin database offshore Brazil, now totaling more than 110,000…
24 January 2017
Maersk Drilling Secures New Contract for Jack-up Maersk Resolute
Maersk Drilling has been awarded a new contract with Petrogas E&P Netherlands B.V. for the High Efficiency jack-up, Maersk Resolute. The firm contract covers the drilling of the two wells, A8 and A9 in the A12 block of the Dutch continental shelf. The drilling of the two wells is estimated…
24 January 2017
EnQuest to Take Over Operatorship of Magnus, Sullom Voe Terminal and Associated Infrastructure with no Cash Outlay
EnQuest PLC (together with its subsidiaries, "EnQuest"), is pleased to announce an agreement to acquire from BP an initial 25% interest in the Magnus oil field ("Magnus") representing c.15.9 MMboe of additional net 2P reserves (gross reserves of 63.4 MMboe) with net production of 4.2 Mboe/d in 2016 (gross production…
24 January 2017
EnQuest Operational Update
KrakenThe Kraken FPSO has arrived in the North Sea on schedule and is continuing under budget and on track for delivery of first oil in Q2 2017EnQuest's production in 2017 is expected to average in the range of 45,000 Boepd to 51,000 Boepd for the full year and will be…
23 January 2017
BP Brings Thunder Horse South Online
BP has brought online its Thunder Horse South Expansion project in the deep-water Gulf of Mexico, almost one year ahead of schedule and millions of dollars under budget.The supermajor said on Monday that it started up the expansion project “11 months ahead of schedule and $150 million under budget”.The expansion…
23 January 2017
Xodus Nets Apache Subsea Contract
Xodus Group has secured a contract with Apache to deliver subsea engineering services for two new infill well developments at the Nevis and Skene fields in the Northern North Sea.The project includes a novel idea of designing and fabricating spools with no requirement for metrology focusing on time and effort…
23 January 2017
FPSO Contact win for Yinson Holdings Berhad
Yinson Holdings Berhad is pleased to announce that Talisman Vietnam 07/03 B.V. has via a Letter of Intent dated 20 January 2017 agreed to enter into exclusive negotiations with Yinson Production Pte Ltd, an indirect wholly owned subsidiary of the Company, for the supply of a Floating Production, Storage and…
23 January 2017
Consent for Modifications at Sleipner
Utgard is an oil and condensate field situated on the boundary between the Norwegian and UK sectors of the North Sea. The largest section of the field is in block 15/8 on the Norwegian shelf, around 21 kilometres from Sleipner.Utgard will be developed using a subsea well template. The wellstream…
23 January 2017
Strong Start to 2017 for Proserv with New Contracts and Global Expansion
Proserv has secured contracts valued at more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India.The wins include a significant contract with a global oil and gas operator for the delivery of a three well subsea…
23 January 2017
North Atlantic Drilling Ltd. Announces Contract Extension for West Elara
North Atlantic Drilling Ltd ("the Company") has been awarded a firm one well extension plus one optional well from Statoil Petroleum AS ("Statoil") for the jack-up West Elara. The work will commence in direct continuation of West Elara's existing contract with Statoil and the backlog for the firm portion of…
23 January 2017
North Atlantic Drilling Ltd. Announces Contract Extension for West Elara
North Atlantic Drilling Ltd ("the Company") has been awarded a firm one well extension plus one optional well from Statoil Petroleum AS ("Statoil") for the jack-up West Elara. The work will commence in direct continuation of West Elara's existing contract with Statoil and the backlog for the firm portion of…
23 January 2017
SNE-5 Starts Drilling
Drilling of the SNE-5 appraisal well, offshore Senegal, began on Saturday 21 January. SNE-5, and the following well SNE-6 will be drilled by the drill ship Stena DrillMAX and will evaluate the upper SNE reservoir units, specifically reservoir connectivity and deliverability, by conducting oil flow tests, including interference testing.The two…
23 January 2017
Atlantic Petroleum Completes the Sale of its Norwegian Activities.
Atlantic Petroleum announces that it has completed on the sale of its Norwegian activities to M Vest Energy announced 9th March 2016.The Norwegian activities include all of Atlantic Petroleum Norway’s assets and licenses, the liabilities of the licences, and the employees.The transaction constitutes a cessation of all of Atlantic Petroleum…
23 January 2017
BP’s Juniper Platform Sets Sail for Offshore Trinidad
BP Trinidad and Tobago LLC (bpTT) today announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as bpTT’s 14th offshore installation.The Juniper project is a US$2 billion investment in Trinidad and Tobago and one of BP’s largest…
20 January 2017
Supporting Scotland's Subsea Engineering Sector
Our action plan has been designed on Scotland's existing strengths in subsea engineering, helping our oil and gas companies find new opportunities at home and abroad.The Scottish oil and gas industry boasts a subsea engineering cluster that is among the strongest in the world.In fact, with almost half of all…
20 January 2017
Supporting Scotland's Subsea Engineering Sector
Our action plan has been designed on Scotland's existing strengths in subsea engineering, helping our oil and gas companies find new opportunities at home and abroad.The Scottish oil and gas industry boasts a subsea engineering cluster that is among the strongest in the world.In fact, with almost half of all…
20 January 2017
Petrobras Forced to Suspend Libra Floater Job
A quartet of floater specialists was left on tenterhooks this week when a Brazilian court suspended a Petrobras tender for a floating production, storage and offloading vessel to serve the giant Libra pre-salt development in the Santos basin.The Libra tender had already been subjected to a string of minor delays,…
20 January 2017
Statoil Springs Surprise with Njord Future Call
Statoil and its partners in the Nkr13.3 billion ($1.6 billion) Njord Future project off Norway have made a surprise decision to revamp the field’s existing floating storage unit instead of going for a newbuild or leased vessel to extend field life to 2040.It is understood that the Norwegian state-controlled player…
20 January 2017
Contract for CSV “Normand Installer” with PT. Saipem Indonesia
Solstad Offshore ASA (SOFF) has entered into a contract with PT. Saipem Indonesia for offshore installation works for the Jangkrik FPU utilizing the CSV “Normand Installer”.Jangkrik FPU is a part of Jangkrik Complex Project, which is operated by Eni Muara Bakau B.V. as contractor to SKK Migas, the Indonesian Upstream…
20 January 2017
EMGS - New Charter Agreement for the BOA Thalassa
Electromagnetic Geoservices ASA (EMGS) has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL AS (owner of the vessel) at new and improved commercial terms. The new terms are valid through 1 October 2019 with an option to extend the new agreement through 1 April 2021.…
20 January 2017
Sparrows Group Seals Crane Management Contract at New North Sea Field
Sparrows Group has built upon our recent success in securing work on newly developed fields with a contract to provide crane management services at the Kraken Field in the UK North Sea. Over three years, we will provide support during the pre-operations and operations phase aboard the floating, production, storage…
20 January 2017
Polarcus Secures Multi-year XArray Contract Award
Polarcus Limited ("the "Company") (OSE: PLCS) is pleased to announce that Polarcus has received a letter of award from TGS-NOPEC Geophysical Company ASA ("TGS") for acquiring 30,000 sq.km. of 3D multi-client data in Europe. Approximately 20,000 sq.km. will be acquired in 2017 utilizing two Polarcus vessels and its innovative XArray(TM)…
20 January 2017
Drilling permit for wellbore 7219/12-1 A in production licence 533
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 7219/12-1 A, cf. Section 8 of the Resource Management Regulations.Wellbore 7219/12-1 A will be drilled from the Leiv Eiriksson drilling facility at position 72°12' 44.2" north and 19°46' 38.3" east.The drilling programme for wellbore 7219/12-1 A…
20 January 2017
CNOOC Limited Announces its 2017 Business Strategy and Development Plan
CNOOC Limited today announced its business strategy and development plan for the year 2017.The Company’s net production target for 2017 is in the range of 450 to 460 million barrels of oil equivalent (BOE), of which approximately 64% and 36% are produced in China and overseas, respectively. The net production…
20 January 2017
Statoil Awards OneSubsea Production System Contract for the Utgard Development
Technology collaboration addresses challenges for field developmentOneSubsea, a Schlumberger company, today announced it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea.The scope of the contract includes a subsea template manifold…
19 January 2017
Shearwater GeoServices to Work with TGS Off Norway
Shearwater GeoServices has signed agreements with TGS for two surveys, one firm and one optional, to be conducted offshore Norway.The surveys are scheduled to start between March and May 2017 and total approximately 15,000 sq km.Shearwater said that the surveys will be performed by two of the company’s 3D vessels.The…
19 January 2017
Woodside Operational Update
WHEATSTONE:First LNG from Train 1 is expected in mid-2017 and from Train 2 six to eight months later.1All Train 1 and Train 2 modules are set on their foundations. Installation ofpiping, electrical and instrumentation continues as planned.The storage and loading system is ready for commissioning and cool-down,with the LNG storage…
19 January 2017
Statoil Extends with Altus Intervention
Altus Intervention, a subsidiary of the Qinterra Group, has won a contract extension with Statoil for power mechanical services on a number of its North Sea and Norwegian Sea fields.The new two-year agreement will see Altus deliver its services across Heidrun, Statfjord, Snorre, Sleipner and Statoil satellite fields.According to the…
19 January 2017
Brazil - Strategic Oil and Gas Technology Partnerships
Company needs partners to expand into corrosion monitoring, subsea and decommissioning.An engineering company is looking to expand activities by including new areas in its portfolio. It has been focused so far on the offshore and downstream areas and is now looking into subsea and decommissioning.It has large expertise in the…
19 January 2017
Brazil - Subsea Structural Monitoring
An engineering company is seeking partners to monitor subsea flexible pipes.The Brazilian company is developing a solution, based on assessment of the structural integrity of subsea pipes and risers installed offshore.They want to partner with a UK company to take advantage of new legislation, which means a huge amount of…
19 January 2017
Brazil – Local company seeks UK partner in automation, control and maintenance and operation
Opportunity for companies operating in the renewable energy sector.Brazilian company operating in the renewable energy market seeks UK companies interested in partnering and developing projects in Brazil.The company is looking for long term partnerships to meet the demands of the Brazilian growing renewable energy market in the area of maintenance…