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23 December 2016
Beatrice: First X-braces and Upper A-frames Done
Beatrice Offshore Wind Farm Limited (BOWL) will be receiving 30 four-legged jacket foundations from Bladt Industries over the next period following a contract award from Seaway Heavy Lifting.Production has begun at our Lindoe facility which will enable us to continue serial production of foundations at the site.The first x-braces and…
23 December 2016
Oil and Gas Decommissioning Action Plan Launched
A new decommissioning action plan launched today (Wednesday 21 December) by Highlands and Islands Enterprise (HIE) and Scottish Enterprise (SE).The plan aims to support Scotland’s oil and gas sector to take advantage of the estimated £17.6 billion forecast by Oil & Gas UK to be spent on decommissioning on the…
23 December 2016
Abu Dhabi Acquisition Expands Ashtead Technology’s Middle East Capabilities
Ashtead Technology has announced the acquisition of Abu Dhabi based TES Survey Equipment Services LLC for an undisclosed sum. The acquisition will enable the leading independent provider of subsea equipment and services to the offshore oil and gas industry to significantly increase its customer service offering in the Middle East,…
23 December 2016
Oil Discovery East of the Frigg Field in the North Sea
Aker BP ASA, operator of production licence 442, has concluded the drilling of wildcat well 25/2-18 S and appraisal wells 25/2-18 A, 25/2-18 B and 25/2-18 C.The wells were drilled four kilometres south of the 25/2-10 S (Frigg Gamma Delta) oil/gas discovery and eight kilometres north of the shut down…
23 December 2016
DEA Strengthens its Position in the Njord Area
DEA strengthens the company’s position in Norway by acquiring participating interest in seven licences in the Njord area in the Norwegian Sea, including 20% increased interest in the Njord field, from Engie E&P Norge AS.“All together the acquisition adds approximately 45 million barrels o.e (mmboe) in reserves and contingent resources…
23 December 2016
Update on Acquisition
RockRose Energy plc ("RockRose" or the "Company") is pleased to announce that it has now signed an agreement with Maersk Oil North Sea UK Ltd ("Maersk") to acquire its non-operated interests in the Wytch Farm (7.43%), Scott (5.16%)and Telford (2.36%) fields.The agreement is conditional upon the usualregulatory permissions fromthe Oiland…
22 December 2016
Modification and Recommissioning of Boskalis Vessel 'Ndeavor
Rotterdam Offshore Group (ROG) completes the modification and recommissioning of the Boskalis vessel ‘Ndeavor’ROG based in the Waalhaven, Rotterdam recently completed the conversion of the MPV (Multi Purpose Vessel) Ndeavor of Boskalis. The vessel was built in 2013 and is 99m in length with a beam of 30m, her gross…
22 December 2016
Siemens Wins First Offshore Wind Project in Belgium
Siemens, as a significant player in offshore wind power, has successfully entered the offshore wind market in Belgium with a first order for the 309MW Rentel wind project. The customer is Rentel NV, part of the Otary partnership, a conglomerate of leading specialists from the Belgian renewable energy industry including…
22 December 2016
DONG Energy Divests 50% of Race Bank Offshore Wind Farm to Macquarie
DONG Energy has entered into an agreement to sell 50% of Race Bank, a 573 megawatt (MW) UK offshore wind farm project, to Macquarie European Infrastructure Fund 5 and Macquarie Capital, the principal investment arm of Macquarie Group – with equal interests. As part of the transaction DONG Energy and…
22 December 2016
Panoro Signs Agreement to Partner with BW Offshore on Dussafu in Gabon
Panoro Energy ASA (“Panoro” or the “Company”) (OSE ticker: PEN) today provides an update on the Dussafu Marin production sharing contract (“Dussafu PSC”) in Gabon. Panoro is pleased to announce that its fully owned subsidiary Pan Petroleum Gabon B.V. has entered into a Memorandum of Understanding with BW Energy Gabon…
22 December 2016
Total and Petrobras Implement their Strategic Alliance Through an Assets Package Agreement
Total and Petrobras signed today an Assets Package Agreement in the framework of their Strategic Alliance announced in October 2016. This agreement reinforces the joint partnership and cooperation between the two companies, in the Upstream and Downstream sectors, covering operations, research and technology.In the Upstream, the technical cooperation will be…
22 December 2016
Edison Agreement for the Development of Dvalin (Zidane) in Norway
Edison confirms its interest in the Dvalin (Zidane) concession in the Norwegian Sea, and will contribute to the investment needed for its future development, while reducing its stake from 20% to 10% in favour of Dea Norge AS and Petoro AS, acquiring 5% each. The agreements will enter into force…
22 December 2016
Aasta Hansteen SPAR Project
OMS have recently completed ground-breaking remote measurement and inspection of a number of 230 metre long pull tubes for Statoil’s deepwater Aasta Hansteen SPAR project, which at 1,300 metres below sea level is the first of its kind in the Norwegian Sea.Manufactured by Hyundai Heavy Industries in South Korea at…
22 December 2016
30 Years of Gullfaks Oil
Gullfaks was something of a final exam for Statoil – the first field where the company was both developer and operator. Since production started on 22 December 1986, 2.6 billion barrels of oil have passed the loading buoys."Gullfaks is a prime example of the best that this industry has achieved…
21 December 2016
Statoil Gains Sverdrup Appraisal Permit
Statoil has secured a permit to drill a further appraisal well aimed at proving up more resources at its under-development Johan Sverdrup field off Norway.The 16/2-22S probe, which already has the safety green light, will be drilled by semi-submersible Deepsea Atlantic to target a north-west extension of the giant North…
21 December 2016
Shearwater to Resume ‘Sooner than Expected’
Production from Shell’s Shearwater platform is expected to resume sooner than expected after good progress to make safe a problem high-pressure/high-temperature (HPHT) well, the company has said.A Shell spokesperson said on Wednesday that “remediation work” has been completed following an unplanned shutdown on 2 December when an alarm was triggered…
21 December 2016
Sea Lion Capex Seen at $1.5bn
Premier Oil continues to cut the cost of its operated Sea Lion oilfield development off the Falkland Islands as the front-end engineering and design process moves ahead.Partner Rockhopper Exploration said the estimated capital expenditure of the project to first oil is now $1.5 billion.“Market engagement with key contractors continues to…
21 December 2016
Saipem Wraps Up Testing of Its New ROVs
Italian oil and gas industry contractor, Saipem, has completed sea trials of its new remotely operated vehicles (ROVs) line, the Innovator 2.0.The new heavy work-class ROVs are the result of three years of design and testing, the company said.The Innovator 2.0 has obtained a declaration of compliance with Norsok U102…
21 December 2016
Two New Contracts Awarded for a Large Class Vessel
Gulf Marine Services (LSE: GMS), the leading provider of advanced self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, is pleased to announce two new contract awards for one of its Large Class vessels.The vessel will be supporting an engineering, procurement and construction contractor (EPC) in…
21 December 2016
Daewoo Wins Greek FSRU order
South Korea’s Daewoo Shipbuilding & Marine Engineering has won a contract to build a 173,400-cubic liquefied natural gas floating storage and regasification unit (LNG FSRU) for Maran Gas Maritime, a unit of Greece’s Angelicoussis Shipping.DSME has boosted its 2016 order book with the contract from Maran that is worth approximately…
21 December 2016
Support Contract Awarded by Sea Trucks Group in Argentina
Neptune is pleased to announce it has been awarded a contract from Sea Trucks Group to provide Integrated Survey, ROV and Stabilisation Services to support the Enap Sipetrol Argentina (acting in its capacity of Representative of the Unión Transitoria de Empresas Magallanes) pipelay construction for its PIAM Project in the…
21 December 2016
Rovco Awarded Innovate UK Funding
ROV services company, Rovco, has secured Innovate UK funding which will enable the firm to carry out extensive research and development activity and perform a full feasibility study into the advancement of underwater 3D modelling technology. Once developed into a real-time inspection system this technology has the potential to revolutionise…
21 December 2016
Aberdeen Harbour to get £350m Expansion
The Scottish Government has given the green light to a major £350 million ($433 million) expansion project at Aberdeen Harbour that will help accommodate larger vessels calling at the UK oil capital.Under the three-year plan, Aberdeen Harbour will expand its facilities into Nigg Bay, to the south of the existing…
21 December 2016
Full Speed Ahead for Capture, Shipping and Storage of CO₂
The Ministry of Petroleum and Energy has commissioned Gassco to support the state-owned Gassnova company in continued work on a full-scale facility for carbon capture, transport and storage.Gassco is responsible in this work for further studies on shipping CO2 between capture locations in eastern Norway and west Norwegian storage sites.An…
21 December 2016
Peterson Awarded Marine Services Contract with Engie
Chris Coull, Regional Director, Peterson said: “This contract builds on the existing integrated logistics and warehousing services we provide to ENGIE and is testament to our strong, collaborative working relationship with this client and their confidence in our high standard of service delivery.”The contract will be managed by Peterson Integrated…
21 December 2016
ExxonMobil Awards Key Contracts for Liza Oil Development and Production in Guyana
ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), today announced that it has awarded contracts to SBM Offshore for a floating production, storage and offloading (FPSO) vessel, a key step in moving the Liza field toward first production.Under the contracts, SBM Offshore will perform front end engineering and design…
20 December 2016
Lapa Field Production Begins Off Brazil
Petrobras and its partners in the BM-S-9 consortium started the oil and natural gas production through the FPSO Cidade de Caraguatatuba in the Lapa field, located in the Santos Basin pre-salt layer.This is the third unit to enter operation in the pre-salt this year, the company noted. In addition, Lapa…
20 December 2016
Fugro NV Retains Charter Contract CSV Southern Ocean
Last week, Fugro NV announced to no longer pursue the divestment of its subsea services business in Asia Pacific to Shelf Subsea. As a result, Fugro will retain all vessels, other equipment and personnel related to the business, including Oceanteam’s CSV Southern Ocean. This August, Fugro announced that the company…
20 December 2016
Delivery of the CSV Tampamachoco 1 (T1) Deferred for One Year
Oceanteam‘s subsidiary Diavaz-Oceanteam Shipping (DOT) has come to an agreement with seller Pacific Radiance to postpone the delivery of the CSV Tampamachoco 1 (T1) for one year. Delivery is now scheduled for January 2018. The Oceanteam joint venture with Mexican-based Diavaz however holds an option to further delay the delivery…
20 December 2016
One Billion Barrels from Troll B
Troll B has produced one billion barrels of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf for the last three years.Oil on the Troll field is found in thin oil columns…
20 December 2016
KBR Awarded Agreements for Global Engineering Services by BP International Limited
KBR (NYSE:KBR) today announced that it has been awarded two global agreements by BP International Limited; one for the provision of conceptual engineering services and another for the provision of pre-front end engineering design (FEED) and FEED engineering services. Each agreement has a contractual duration of three years with an…
20 December 2016
Atwood Oceanics Announces Contract for the Atwood Osprey
Atwood Oceanics, Inc. (NYSE: ATW) announced today that one of its subsidiaries has agreed to a one-well drilling services contract with Woodside Energy Ltd for the ultra-deepwater rig, Atwood Osprey, offshore Australia. The contract will commence between May 24, 2017 and July 7, 2017 and has an estimated duration of…
20 December 2016
Petrobras Awards Benthic Geotechnical Investigation Contract
Benthic, a global geosciences company, has been awarded a contract by Libra Consortium for an offshore geotechnical investigation in the Libra Field area located approximated 140 miles off the coast of Rio de Janeiro, Brasil.Benthic’s PROD (Portable Remotely Operated Drill) will perform in-situ testing and sampling to a maximum penetration…
20 December 2016
Nexans to Connect Continents to Bring High Speed Broadband to West Africa
Nexans’ first ever intercontinental project will use second generation submarine fibre optic cables to connect the South Atlantic Sea from Brazil to CameroonHuawei Marine Networks has awarded Nexans the contract to supply 6000 km of their second generation submarine Repeatered Optical Cables (ROC) for Phase II of the National Broadband…
20 December 2016
Eni Receives Consent for Exploration Drilling in the Barents Sea
Eni Norge AS (Eni) is the operator for production licence 716, in blocks 7318/11 and 7318/12 in the Barents Sea. Eni has received consent from the PSA to drill well 7318/12-11 in a prospect named Boné-Bigorna. The well's coordinates will be73o 07' 46.84" N18o 43' 04.17" EThe drilling location is…
19 December 2016
ExxonMobil Bites Dust off Liberia
ExxonMobil has failed to make a find at a highly-anticipated and much-delayed deep-water exploration well off Liberia.The US supermajor reached total depth at the Mesurado-1 well on Block LB-13 on 17 December but, despite intersecting reservoir quality sands, failed to register any hydrocarbons.The well, situated in 2500 metres of water,…
19 December 2016
Sirius Inks ISM Deal with Schlumberger for Its Nigeria Campaign
London-listed Sirius Petroleum said it has entered into a contract with Schlumberger for the provision of integrated services management (ISM).As part of Sirius’ shallow offshore development strategy in Nigeria, the contract is for a multi-well campaign, which should start in the first half of 2017.Schlumberger will provide Sirius with a…
19 December 2016
Request From The Charterer Emas AMC AS
Ocean Yield ASA ("Ocean Yield" or the "Company") has been contacted by EMAS AMC AS, being the charterer of the vessel Lewek Connector, with a request to enter into a short-term standstill agreement relating to the bareboat charter of the vessel for the months of December 2016 and January 2017.…
19 December 2016
Statoil Wins Offshore Wind Lease in New York
Statoil has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York.Statoil will now have the opportunity to explore the potential development of an offshore wind farm to provide New York City and Long Island with a significant, long-term source of renewable…
19 December 2016
Noreco Announces an Update Regarding the Huntington License
Norwegian Energy Company ASA ('Noreco') announces that its fully owned subsidiary Noreco Oil UK Limited has entered into an agreement to transfer its 20% participating interest in the Huntington license with all rights and obligations to Premier Oil E&P UK Limited.The transaction will have an accounting effect of a net…
19 December 2016
Rosneft Attracts a Consortium of Japanese Companies to Undertake Joint Exploration in the Sea of Japan
Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relation to cooperation on the joint exploration, development and production of the hydrocarbons at a license block in an offshore zone of…
19 December 2016
BP Agrees Deal with Kosmos Energy to Partner on World-class Discoveries in Mauritania and Senegal and Cooperate on Future Exploration
The deal gives BP a leadership position in an emerging world-class, low-cost gas basin with advantaged access to global gas marketsBP announced today that it has signed agreements with Kosmos Energy to acquire a 62% working interest, including operatorship, of Kosmos’ exploration blocks in Mauritania and a 32.49% effective working…
19 December 2016
Drilling Permit for Wellbore 7120/1-5 in Production Licence 492
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 7120/1-5, cf. Section 8 of the Resource Management Regulations.Wellbore 7120/1-5 will be drilled from the Leiv Eiriksson drilling facility, at position 71°56' 15.97" north and 20°14' 57.37" east.The drilling programme for wellbore 7120/1-5 relates to the…
19 December 2016
Interim Well Update - Completion of Lincoln Well Operations
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that the Company has completed the drilling and logging phase of the 205/26b-A well (the "Lincoln Well"). The information communicated below relating to the Lincoln Well is preliminary and will…
16 December 2016
Ecopetrol Announces Hydrocarbon Discovery in the Gulf of Mexico (USA)
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol") reports a hydrocarbon discovery in the recently drilled Warrior exploratory well, located in the Green Canyon area in the Gulf of Mexico ( United States ).The well is operated by Anadarko Petroleum Corporation, with Anadarko US Offshore LLC owning 65% of the block.…
16 December 2016
Aibel Scoops Snorre A FEED Study
Aibel has been awarded FEED study for modifications on Snorre A in connection with Snorre Expansion. The contract also has an option for the actual implementation phase.The Snorre field is to be developed further with a subsea solution to increase recovery. The production is to be hooked up to Snorre…
16 December 2016
ALE Completes Wikinger Project Scope
ALE has performed the final load-out for the Wikinger OWF Project in Ferrol, Spain.ALE was contracted to undertake a variety of services for the Wikinger project across two project sites, Cadiz and Ferrol in Spain.The scope in Ferrol was divided into three main parts: weighing 12 jackets, transporting 29 jackets…
16 December 2016
RINA Services Awarded Major Contract for Indonesian Gas with Chevron
PT RINA Indonesia, in consortium with PT Depriwangga, has been awarded two contracts to provide Quality Assurance services for offshore and onshore projects in Indonesia. The first, awarded by Chevron Indonesia, is to provide QA/QC inspection services as part of the offshore Bangka Field development project. The second is to…
16 December 2016
Statement Regarding the use of Swedish Ports for Contractors of the Nord Stream 2 Project
We acknowledge the potential decisions of Region Gotland and the municipality Karlshamn not to sign an agreement for the utilization of their respective harbours – Slite and Karlshamn.Both ports had until very recently signaled their commercial interest in cooperating on the project. The consequence of the decision would be that…
16 December 2016
Anadarko Closes Deepwater Gulf of Mexico Acquisition and Raises Oil-Growth Expectations
Anadarko Petroleum Corporation (NYSE: APC) announced today it has closed the acquisition of Freeport-McMoRan Oil & Gas's deepwater Gulf of Mexico assets. The transaction is effective Aug. 1, 2016. Anadarko also increased its oil-growth expectations and discussed plans to further accelerate its rig activity in the Delaware and DJ basins.…