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15 November 2016
OGA Issues Contracts to Extend Frontier Seismic Database
The Oil and Gas Authority (OGA) has awarded four new contracts worth approximately £1 million to Shearwater GeoServices, Geokinetics, DMT Petrologic and Quality Seismic to supply more than 10,000 kilometres (km) of reprocessed proprietary 2D seismic data of the UK Continental Shelf (UKCS) as part of the UK Government funded…
14 November 2016
Altus Secures Maersk Award
Altus Intervention has secured a deal to provide well intervention services for Danish operator Maersk Oil in the UK North Sea.The Stavanger-based contractor will deliver slickline services, coiled tubing services, well surveillance, ballistic and wireline tractor services to support Maersk’s operations in the central North Sea, as well as planned…
14 November 2016
Eidesvik Scores Work for Two Vessels with CGG
Norwegian vessel owner Eidesvik has secured two contracts with French seismic contractor, CGG for the seismic vessels Vantage and Veritas Viking.According to the Oslo-listed company, the vessels will be employed as source vessels.The contracts are 180 days firm each, with further options. The contracts will start in early January 2017.The…
14 November 2016
Siem Offshore Contractors Awarded Contract for the Trianel Windpark Borkum II
Siem Offshore Contractors GmbH (SOC), a wholly owned subsidiary of Siem Offshore Inc., announced today that it has been awarded the contract for the turnkey supply and installation of the inner array grid cable system for the Trianel Windpark Borkum Phase II (TWB-II) offshore wind farm by Trianel Windkraftwerk Borkum…
14 November 2016
Statoil Talks Verbier off UK
Statoil has committed to drill an exploration well at the Verbier prospect off the UK next year, according to a partner.The wildcat is lined up for drilling in Statoil-operated seaward licence P2170 in the North Sea in the summer of 2017, London-listed partner Jersey Oil & Gas said in a…
14 November 2016
MacGregor 3D Motion Compensator Enhances Load-handling Precision
MacGregor, part of Cargotec, has introduced the 3D Motion Compensator (3DMC), a flexible retrofit device, which is designed to enhance the load-handling precision of an offshore crane even in challenging sea states."MacGregor's standard active heave-compensation (AHC), supplied through a crane's winch, compensates for a vessel's vertical movements. However, when very…
14 November 2016
AkerBP Mud Recovery Frame Agreement to IKM Cleandrill
The initial operations under this contract will be production well drilling on the Alvheim development from the Transocean Arctic semi-submersible rig, with potential for additional exploration and development drilling. IKM Cleandrill will provide MRR mud recovery systems to undertake these services. The MRR represents the latest generation of mud recovery…
14 November 2016
Mitra Closes Acquisition Of Stag Oilfield
Mitra Energy Inc. is pleased to announce that Jadestone Energy Pty Ltd, a wholly owned subsidiary of Mitra, has closed the acquisition of the Stag Oilfield.On July 26, 2016, Mitra announced that Jadestone, as buyer, and Mitra, as guarantor, had signed a definitive Sale & Purchase Agreement with Quadrant Northwest…
14 November 2016
Ithaca Set For Stella Start-up
Significant progress has been made on the final stages of the Stella development programme since the FPF-1 floating production facility departed Poland in August 2016. The FPF-1 was safely towed to the field, moored on location and the dynamic risers and umbilical connecting the subsea infrastructure to the vessel installed.…
11 November 2016
Dril-Quip Adds TIW
Dril-Quip informed it has completed its previously announced acquisition of TIW Corporation.Dril-Quip entered into an agreement to acquire TIW Corporation in October this year for approximately $143 million.Blake DeBerry, president and CEO of Dril-Quip, said: “We are excited to complete the acquisition of TIW Corporation, the first in Dril-Quip’s history,…
11 November 2016
Others Barakah Offshore Petroleum Berhad Award of Contract
Barakah Offshore Petroleum Berhad ("Barakah" or the "Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd ("PBJV"), has received the Letter of Award from Sabah Shell Petroleum Company Ltd ("SSPC") for the Provision of Effluent Discharge Pipeline Replacement for Labuan Crude Oil Terminal ("Contract").Labuan Crude…
11 November 2016
Successful Bid or Exploration License in Canada
Delek Group hereby announces that it had submitted through a foreign subsidiary, DKL Investments Limited, a bid for participation in the rights for maritime exploration licenses in the area of Newfoundland, Canada, as part of the second annual tender, which is part of a program of several annual tenders, of…
11 November 2016
Snorre Partners Close in on Development Decision
Partners in the Statoil-operated Snorre field in the Norwegian North Sea are set to decide as soon as next month whether to proceed to the next stage of development planning on a $3 billion to $3.3 billion expansion programme.The licensees are set to to make a Decision Gate 2 (DG2)…
11 November 2016
James Fisher Subsea Deploys Innovative ROV Inspection Technique on Platforms in the North Sea
JF Subsea has reduced inspection downtime to 2% following the deployment of an innovative new ROV inspection technique on six of Shell UK's oil rig platforms.James Fisher Subsea (JF Subsea), a world leading subsea services division of James Fisher Marine Services (JFMS), has reduced inspection downtime to 2% for Shell…
11 November 2016
Sonangol and Partners Begin Production at the Mafumeira Sul Field, Offshore Angola
Sonangol and its partners in Block Zero - Cabinda Gulf Oil Company, Total E & P Angola and Eni Angola, announce the start on October 31, 2016, of the Early Production System (EPS) operations in South Wellhead Platform of the Mafumeira Sul project, located off the Coast of Malongo, in…
11 November 2016
Polarcus Awarded Broadband 3D Project in Asia Pacific
Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has received a contract award for a broadband 3D marine seismic project in Asia Pacific.The project is due to commence in Q1 2017 and will run for approximately six weeks.
11 November 2016
Foundation Installation Completed on Schedule at Rampion
Construction at Rampion has reached a significant milestone this week as installation of the 116 turbine foundations has been completed on schedule.Work to install the first foundations began in early February and was put on hold, as planned, during the Black Bream spawning season between mid-April and July. Since then…
10 November 2016
Aker BP Begins Production from Viper and Kobra
Aker BP has started the production from Viper-Kobra project, which is tied back to the Alvheim FPSO. “The Viper-Kobra project is developed on time, on budget and is a small, but important project for Aker BP. Viper-Kobra leverages on the existing infrastructure in the Alvheim area, thus ensuring maximum utilization…
10 November 2016
BSH Lists Offshore Wind Projects Proposed for Germany
Time：2016-11-09 Size：[ Large Medium Small ]German Maritime and Hydrography Agency (BSH) has published a list of proposed offshore wind projects in the North Sea and Baltic Sea, excluding projects which are in operation, in trial operation or under construction. The basis for the publication of the list is the national…
10 November 2016
COSL Successfully Completed the Project in North Pole Barents Sea
The“HYSY 720” under the Geophysical and Surveying segment of China Oilfield Services Limited (“COSL” or the “Company”) has successfully completed the operations of two 3D seismic data acquisition in North Pole Barents Sea recently. The Company has won praises and endorsements from client for providing safe, high quality and efficient…
10 November 2016
Saipem Awarded New E&C Offshore Contracts for about $1 Billion
Saipem has been awarded new contracts and change orders in the E&C Offshore segment, for an overall amount of about 1 billion dollars.In particular, the most significant are the notification of award by Saudi Aramco of two EPIC contracts (Engineering, Procurement, Installation, Construction), under the Long Term Agreement in force…
10 November 2016
C-NLOPB Releases Results for 2016 Calls for Bids
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) is announcing the results of Call for Bids NL16-CFB01 in the Eastern Newfoundland Region and Call for Bids NL16-CFB02 in the Jeanne d’Arc Region, both located in the Canada-Newfoundland and Labrador Offshore Area. The sole criterion for selecting a winning bid is…
10 November 2016
Joint Operating Company to Develop Fortuna FLNG Project
Ophir Holdings & Ventures LTD ("Ophir"), a wholly owned subsidiary of Ophir Energy plc, and OneLNGSM, a joint venture between subsidiaries of Golar LNG Limited and Schlumberger, announce that they have signed a binding Shareholders' Agreement to establish a Joint Operating Company ("JOC") to develop the Fortuna project, in Block…
10 November 2016
Technip Awarded Umbilical Supply Contract in the USA
Technip's wholly-owned subsidiary Technip Umbilicals Inc. (1) has been awarded a contract by a major Operator to supply a subsea control umbilical(2) in the Gulf of Mexico.The contract includes the project management and manufacture of several kilometers of a static and dynamic unarmoured steel tube umbilical.Technip Umbilicals facility in Houston,…
10 November 2016
Completion of FSO Gaza Installation in Libya and Mob to Abu Qir Field, Egypt
The diving activities carried out for Emas for the installation and hook up of the new FSO Gaza at Bouri Field offshore Libya are now completed. The diving services were carried out with Rana mobile saturation diving system AF01 fitted on board Emas’ MSV Lewek Toucan. The same spread is…
9 November 2016
Bibby Offshore Secures Second Subsea Inspection Contract with Shell
Bibby Offshore, the leading subsea services provider to the oil and gas industry, has this year been awarded two contracts from Shell to provide inspection services on assets in the Corrib Natural Gas field in the North Atlantic Ocean.The first contract, completed in June this year, saw Bibby Offshore’s construction…
9 November 2016
Tullow On Track with Jubilee Field FPSO Repair
UK-listed oil and gas player Tullow informed on Wednesday that Jubilee field FPSO turret remediation project is progressing as planned. The interim spread-mooring of the vessel on its current heading is on track to be completed by the end of 2016.To remind, in April this year, Tullow notified that the…
9 November 2016
Ichthys Pipeline Ready for Gas
The offshore and onshore sections of the INPEX-led Ichthys LNG Project’s 890 kilometre gas export pipeline were safely welded together in Darwin today.Joining the two pipeline sections—882 kilometres offshore and eight kilometres onshore—means the pipeline is now ready to deliver gas from the offshore Ichthys Field to the Project’s onshore…
9 November 2016
Iran Awarded Major Gas Deal to French-led Consortium
Iran has signed a major agreement with the French-led consortium over the development of one of its biggest gas fields – what could be considered an ice-breaker break of post-sanctions investments in the country.National Iranian Oil Company (NIOC) has inked a Heads of Agreement (HOA) with Total, Petropars, and CNPC…
9 November 2016
OMV Divests Wholly Owned Subsidiary OMV (U.K.) Limited for up to USD 1 bn
OMV, the international integrated oil and gas company based in Vienna, has agreed to sell 100% of the shares in its wholly owned subsidiary OMV (U.K.) Limited to Siccar Point Energy Limited, Aberdeen. The overall transaction value is envisaged to amount to up to USD 1 bn. It consists of…
9 November 2016
Consent to use Scarabeo 5 at Njord
Statoil is the operator at Njord, an oil field in the Norwegian Sea, located around 130 kilometres north of Kristiansund.The Njord field has been developed using a semi-submersible drilling, accommodation and production facility, Njord A, and the Njord B FSU. Water depth at the site is 330 metres. Production on…
9 November 2016
Vattenfall Wins Tender to Build the Largest Wind Farm in the Nordics
Vattenfall has won the tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea. The winning bid was EUR 49.9 per MWh, which is among the lowest costs in the world for offshore wind power. “The announcement is an essential milestone for our ambition…
9 November 2016
Lincoln 205/26b-A Well Spud
Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, is pleased to announce, following the successful completion of the Lancaster 7 Wells and the subsequent removal of the wear bushing from the 205-21a-6 well, the cessation of drilling activities on Lancaster…
8 November 2016
VBMS Wins Borssele Alpha Export Cables Work
Boskalis’ subsidiary VBMS in consortium with NKT Cables has been awarded the Borssele Alpha contract by TenneT for the installation of two export cables that will connect the Borssele offshore wind farms 1 and 2 to TenneT’s onshore grid in the Netherlands.The contract value of Boskalis’ share is approximately EUR…
8 November 2016
ECS Saves Time with Sonardyne Connect at Julimar
A major metrology campaign conducted off the coast of Western Australia has been completed in just 26 hours thanks to the time saving features offered by specialist survey software supplied by subsea technology company Sonardyne International Ltd, UK.The project was led by global offshore construction company, EMAS CHIYODA Subsea (ECS),…
8 November 2016
Oil & Gas UK Calling on Government for a Recommitment to the Industry
Trade body Oil & Gas UK has written to the Chancellor asking him to use his Autumn Statement later this month to help boost investor confidence in North Sea exploration and production.The North Sea oil and gas industry currently faces fierce global competition to attract investment, with the combined challenges…
8 November 2016
Cape Sharp Tidal Safety Deploys First 2MW Turbine at Force
Cape Sharp Tidal safely deployed the first OpenHydro Open-Centre turbine at the Fundy Ocean Research Centre for Energy (FORCE) near Parrsboro, Nova Scotia. The operation—our first attempt—was completed in one tidal cycle, while holding station in the Crown Lease Area.Atlantic Towing’s Kingfisher towed the Scotia Tide deployment barge from West…
8 November 2016
BP and Oman Sign Extended Licensing Agreements Paving the Way for Second Phase of Khazzan Gas Field Project
Sultanate of Oman - BP and Oman Oil Company Exploration & Production today signed an agreement with the Government of the Sultanate of Oman amending the Oman Block 61 exploration and production sharing agreement (EPSA) to extend the license area, paving the way for further development of the giant Khazzan…
8 November 2016
Aberdeen Expansion Project Awarded Marine Licences
Issued under the Marine (Scotland) Act 2010, the licences cover both construction and dredging operations associated with the project, and form part of a wider consenting strategy, which included Planning Permission in Principle, awarded by Aberdeen City Council in May this year, and a Harbour Revision Order, which was laid…
8 November 2016
DNO Awards Upstream Services Contract
SGS has been awarded a two-year upstream services contract with DNO, the Norwegian oil and gas operator.As a result, SGS will provide a range of electric line and slickline services for DNO’s offshore rigs and rig-less operations in the Gulf region. The contract term is for two years and will…
8 November 2016
Prospect of Offshore Oil Offers Mixed Blessing for Somalia
Somalia looks more likely to strike oil than gas in its long pursuit of offshore riches, making it easier for the African state to exploit any windfall but also potentially upsetting the fragile recovery led by its Western-backed government.The waters off Somalia, best known for years of piracy, may harbour…
8 November 2016
Penspen Collaborates with the Industry to Enhance Standards for Pipeline Integrity
Penspen, a leading global provider of engineering, asset management and integrity services to the energy industry, is pleased to announce the launch of its Pipeline Defect Assessment Manual (PDAM), second edition. This 456-page best-practice guide is a collaborative industry venture, involving a number of leading oil and gas companies, which…
7 November 2016
France Approves Two Floaters in the Mediterranean
The French Environment and Energy Management Agency (ADEME) has approved two more floating wind pilot projects as part of the country’s call for tenders for the development of floating wind launched in August 2015.One of the two new winners of the call for pilot floating farm projects is EDF Energies…
7 November 2016
Subsea Tree Industry Global Market Segmentation and Major Players Analysis and Forecast to 2021 Explored in Latest Research
The Global Subsea Tree Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Subsea Tree industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Subsea Tree market analysis is provided for…
7 November 2016
Carnegie Wave Energy Receives £9.6m (AUD$15.5m) European Regional Development Fund Grant for First International export CETO Project in the United Kingdom
Leading wave energy developer, Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce it has been granted £9,551,962 (AUD$15.5m) from the European Regional Development Fund to support the first phase of its planned 15MW commercial wave energy project at Wave Hub, Cornwall in the United Kingdom.Cornwall’s Wave Hub is…
7 November 2016
Te Giac Trang Update
SOCO announces that the 2016 development drilling programme has commenced on the Te Giac Trang ("TGT") Field of Block 16-1, offshore southern Vietnam. The infill wells, the TGT-27P and TGT-28P, will be "batch drilled" with the first well spudded on 6 November 2016 by the PetroVietnam Drilling PVD-6 jack-up rig…
7 November 2016
Eni Signs Agreements for the Evaluation of Exploration and Production Activities in Bahrain
Bahrain authorities have invited Eni to study and assess the potential of some exploration and production assets in the Country. To this purpose four agreements have been signed between the Bahrain Petroleum Company (Bapco), Tatweer Petroleum and Eni. The undersigning took place at the presence of the Oil Minister H.E.…
7 November 2016
Fullstream Ahead
Historically, the oil & gas industry has witnessed merger and acquisition (M&A) activity through cycles, as companies try to create value in volatile oil price environments. The current downturn has resulted in a number of M&A opportunities for suitably placed players.However, last Monday’s merger announcement of General Electric (GE) and…
7 November 2016
Chevron Announces First Gas at U.K. Alder Field
Chevron North Sea Limited today announced it has started production at Alder, a high-pressure, high-temperature (HPHT) gas condensate field in the Central North Sea."First gas at Alder represents a significant milestone for Chevron and highlights our commitment to investing and developing resources in the U.K.,” said Greta Lydecker, managing director,…
4 November 2016
NPCC wins ONGC Tender
NPCC emerged as the lowest bidder in the LEWP-3 tender when bids were opened by ONGC on 26 August.NPCC said on Thursday that, under the $141 million contract, it will provide well platform life-extension services for ONGC’s Mumbai High North (MHN) and South (MHS) fields, off India’s west coast.The project…