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4 November 2016
Delivery of Jack Up Rig to Ensco
Lamprell (ticker: LAM), a leading provider of fabrication, engineering and contracting services to the energy industry, is pleased to announce the completion of construction of the "Ensco 141" jackup drilling rig and its delivery to Ensco Intercontinental GmbH, a subsidiary of Ensco plc ("Ensco"). The contract for the "Ensco 141"…
4 November 2016
Source work in West Africa
SeaBird Exploration is pleased to announce that it has signed an agreement to provide a source vessel for an upcoming ocean bottom seismic survey in Gulf of Guinea. The project is anticipated to commence in late Q4 2016 and will have a duration of approximately two to three months. SeaBird…
4 November 2016
Neptune Awarded Oil Search Diving Contract
Neptune Marine Services (Neptune) is pleased to announce it has been awarded a diving contract by Oil Search under its existing Master Services Agreement for Inspection, Maintenance and Repair works in Papua New Guinea.The contract, for which the engineering phase has commenced, includes the provision of diving services for facilities…
4 November 2016
Njord Selected for Pil & Bue
The partnership of PL586 has decided on its preferred development solution for the Pil & Bue discoveries in the Norwegian Sea.In the process leading to the final selection the license partners matured three equally competing concepts. A subsea installation tied back to the Njord platform is the preferred concept.The partners…
4 November 2016
CCB Wins Cat-J work
The so-called Category J rigs, named Askeladden and Askepott, are currently under construction at South Korea’s Samsung Heavy Industries and the first unit is expected to arrive at CCB near Bergen on Norway’s west coast in the second quarter of 2017.No value was disclosed for the award, though CCB is…
4 November 2016
Trio Team up for Push at Greater Ekofisk Area
ConocoPhillips, Statoil and Total have joined forces to collectively develop three oil and gas discoveries in the Greater Ekofisk area of the Norwegian North Sea.It is understood that licence partners in the ConocoPhillips-operated Tor 2 and Tommeliten Alpha projects and Norwegian giant Statoil’s King Lear and Julius prospects have put…
4 November 2016
Statoil Awarding Contracts on Trestakk
Statoil is today, on behalf of the Trestakk license holders, awarding an EPCI contract to FMC Technologies and Technip Norge, and a topside contract to Aker Solutions, for deliveries to the Trestakk development.FMC Technologies and Technip will jointly deliver an EPCI contract (engineering, procurement, construction and installation) – subsea, umbilicals,…
3 November 2016
Maersk Launches Energy Services Unit
Maersk Supply Service has launched a new business unit aimed at providing the industry with integrated solutions, including project decommissioning.The new unit will follow on from the work the company is already doing on Maersk Oil’s ageing Janice field in the North Sea, where, as lead contractor, Maersk Supply started…
3 November 2016
Van Oord Bags Subsea 7 Contracts in Egypt
Van Oord has been awarded two contracts by international contractor Subsea 7 in Egypt.The assignments include the construction of a landfall and the execution of subsea rock installation works, the company informed.The projects are part of the West Nile Delta project, which comprises the development of a series of gas…
3 November 2016
UMC Expands Dive Operations in Labuan to Increase Service Offering in Asia
UMC has expanded its operations in Labuan to offer inshore operational support in addition to the existing offshore services. The offshore division of UMC (formerly Core-IRM) has been based in Labuan for several years serving the afloat inspection and repair needs of the drilling market and has now been equipped…
3 November 2016
Shell and Partners Gear up to Commence Drilling Programme in Tanzania
Shell and its joint venture partners, Pavilion Energy and Ophir Energy, announced today the start of its drilling programme covering two wells in Block 1 and 4, located in the Mafia Deep basin off Tanzania. The rig supporting the programme – the Noble Globe Trotter 2 – is expected to…
3 November 2016
Pre-Commissioning Contract for Ulstein
Ulstein Electrical Technology has been awarded a pre-commissioning contract for two subsea rock dumping vessels under construction for Jan De Nul Group at AVIC Weihai Shipyard Co. Ltd., China.The vessels will be used for rock installation to protect cables and other subsea structures at depths up to 600 metres. The…
3 November 2016
Oil Start-up Wellesley Petroleum Eyes 30-40 Licences off Norway
Oil company start-up Wellesley Petroleum is aiming to secure a portfolio of around 30 to 40 licences in oil and gas fields off Norway, it said on Wednesday.It plans to participate in around six wells each year, one or two of which it intends to operate, and is looking for…
3 November 2016
Tullow Oil to Restart Kenyan Exloration and Appraisal Next Month
Tullow Oil will restart exploration and appraisal drilling at Kenya's prolific South Lokichar field next month where it saw an upside potential of over 1 billion barrels of recoverable oil, a senior official said on Tuesday."A recent 3-D survey shows additional upside potential," Tim O'Hanlon, vice president for Tullow Oil's…
3 November 2016
Republic of Congo to Launch New Shallow Water Hydrocarbon Round Soon
The Republic of Congo expects to launch a new shallow-water licensing round for 2017/18 after its last round closes at the end of March when winning bidders are expected to be announced, the oil minister said on Wednesday.Jean-Marc Thystere Tchicaya said the new licensing round would consider pre-salt and post-salt…
3 November 2016
N-Sea Increases Capabilities with Addition of New Vessel
Subsea IMR provider, N-Sea, has increased its fleet through the long term charter of Siem Offshore’s offshore subsea construction vessel, the Siem Barracuda.The vessel is equipped specifically for subsea IMR, Survey and construction operations, featuring twin WROVs, moonpool deployed, a 250T AHC crane and accommodation for 110 personnel.Roddy James, Chief…
2 November 2016
Buzzard Phase 2 Back in View
A company presentation on Wednesday showed that Nexen now looks likely to take forward an infill drilling campaign and subsea scheme to exploit the northern area of the prolific central North Sea field.Delegates to trade association Oil & Gas UK’s annual Share Fair heard this “preferred” concept looks set to…
2 November 2016
Pacific Radiance Grows Presence in Mexico With Contract Win Worth $73m For New build Vessel
In spite of the muted offshore oil & gas market, Pacific Radiance Ltd. (Pacific Radiance or the Group), a provider of integrated offshore marine support services, has made further inroads into Mexico with its latest long term charter worth US$73 million including options.Delivered in 1HFY16, the maintenance work boat (MWB)…
2 November 2016
A2 Sea Signs Contract to Install 102 Turbines on East Anglia One
From summer 2019, A2SEA will play a key role in building East Anglia ONE off the coast of Great Yarmouth in the UK. East Anglia ONE is one of the Round three projects in the UK. The total capacity of the wind farm is 714MW.A2SEA’s purpose-built offshore installation vessel SEA…
2 November 2016
North Atlantic Drilling Ltd. Announces Contract Award for West Phoenix from Total E&P UK Limited
North Atlantic Drilling Ltd ("the Company") was awarded a 90 day contract from Total E&P UK Limited for the semi- submersible West Phoenix to work in the United Kingdom, West of Shetland. The total backlog for the contract is estimated at $17 million.The West Phoenix has worked for Total E&P…
2 November 2016
Interior Department to Auction Over 79,000 Acres Offshore New York for Wind Energy Development
As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Secretary of the Interior Sally Jewell and the Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced that 79,350 acres offshore New York will be…
2 November 2016
IKM Cleandrill Secures Wintershall Multi-Well Mud Recovery Contract
IKM Cleandrill AS has been awarded a contract by Wintershall Norge AS to provide mud recovery services on multiple offshore wells.The contract will cover potential development drilling campaigns on Maria, as well as an option for future exploration drilling. The Maria development drilling from the rig ‘Deep Sea Stavanger’ is…
2 November 2016
Automated Ships Ltd and KONGSBERG to Build First Unmanned and Fully-Automated Vessel for Offshore Operations
The UK's Automated Ships Ltd (an M Subs Ltd subsidiary) and Norway's Kongsberg Maritime have signed a Memorandum of Understanding to build the world's first unmanned and fully-automated vessel for offshore operations. In January 2017, Automated Ships Ltd will contract the ‘Hrönn', which will be designed and built in Norway…
1 November 2016
JDR Secures Largest Array Cable Award in Its History
JDR has been awarded a contract by DONG Energy to supply subsea power cables for the Hornsea Project One.With a total capacity of 1.2 gigawatts (GW), Hornsea Project One will be the first to exceed 1 GW capacity. The project is located 120 kilometers off the Yorkshire coast and will…
1 November 2016
M² Subsea Snaps Up 32 Best-In-Class ROV Assets following Investment
A recently formed subsea services business has secured a substantial injection of private equity investment to acquire a fleet of 32 best-in-class ROVs (remotely operated vehicles).Aberdeen and Houston based M² Subsea Limited has attracted the investment from a fund advised by Alchemy Special Opportunities.M² Subsea is set to become one…
1 November 2016
Woodside Completes Acquisition of ConocoPhillips Interest in Senegal
Further to Woodside’s ASX announcement dated 14 July 2016, Woodside is pleased to announce completion of the transaction to acquire 100% of the shares in ConocoPhillips Senegal B.V. The transaction has completed for a purchase price of US$350 million plus net customary adjustments of approximately US$90 million. The acquisition includes…
1 November 2016
Decommissioning of Hawk Explorer
SeaBird Exploration announces that agreement has been reached for the sale and decommissioning of the vessel Hawk Explorer. The decommissioning of the vessel is a part of the company's efforts to reduce cost and adjust fleet capacity to better reflect current market demand. The company will retain the seismic equipment…
1 November 2016
Statoil Submits Trestakk Plan for Development and Operation
Statoil, on behalf of the license holders, today submitted a Plan for Development and Operation of the Trestakk discovery on the Halten Bank to the minister for petroleum and energy, Tord Lien, in Bodø.Capital expenditures are estimated at approximately 5.5 billion NOK.The discovery, made in 1986, contains about 76 million…
1 November 2016
Western Flank Oil Exploration Success at September-1
Beach Energy Ltd (ASX: BPT, “Beach”) is pleased to advise of a Western Flank oil discovery within the Poolowanna Formation in ex PEL 91 (Beach 100%). September‐1 targeted oil in a structural closure within the Namur Sandstone and tested the McKinlay Member, Birkhead Formation and Poolowanna Formation as secondary targets.…
1 November 2016
Mubadala Petroleum Awards Jasmine FPSO and O&M Contracts
Mubadala Petroleum has reached agreement with Petrofac for the modification and extension of contracts related to the FPF-003 floating production, storage and offloading vessel (Jasmine FPSO), which pave the way for the continued extension of the field life of this successful development.The parties have signed a new ‘life of field’…
1 November 2016
Enquests Kraken FPSO Vessel has Left the Shipyard for Deep Water Anchorage
EnQuest PLC is pleased to announce that the Floating, Production, Storage and Offloading (‘FPSO’) vessel for the Kraken development has completed its shore-based commissioning activities at the quayside in Singapore and has also completed the vessel’s inclination testing programme. It has left the yard and is now sailing to deep…
1 November 2016
Norway Expects up to 15 Development Plans from Oil Firms in 2017/2018
Oil firms are expected to submit up to 15 development plans for oil and gas fields off Norway over the next two years, the head of the Norwegian Petroleum Directorate stated on Monday.Oil firms worldwide have been slashing investments, jobs and projects to cope with a 57-percent drop in the…
31 October 2016
Lukoil Launches Caspian Field
Lukoil has launched commercial production from its shallow-water Vladimir Filanovsky field in Russia’s sector of the Caspian Sea.The field, with over 1 billion barrels of crude and 30 billion cubic metres of gas in contingent recoverable resources, is Russia’s biggest oil discovery in the past 25 years and Lukoil’s second…
31 October 2016
UK Round Attracts 29 Bids
The UK’s latest offshore licensing round – targeting under-explored and frontier areas - has attracted 29 applications covering 113 blocks, the Oil & Gas Authority (OGA) said on Monday.Applications for acreage in the Rockall Trough, Mid North Sea High areas and the East Shetland platform were received from 24 companies,…
31 October 2016
GE, Baker Hughes Agree Merger Deal
US engineering giant GE and Baker Hughes are merging to form a new Baker Hughes company that will be majority owned by GE Oil & Gas.The new outfit will be a "world-leading oilfield technology provider" with dual headquarters in Houston and London, with key management figures from both companies retained."The…
31 October 2016
Normand Maximus Begins Saipem Charter
Solstad Offshore has taken delivery of the offshore subsea construction vessel “Normand Maximus” through the 25/75 owned affiliate, Maximus Limited, with AGC Maritime Yield Fund I LP from Vard Brattvaag.At the same time, the vessel started its 8-year charter contract with Italian contractor Saipem.Normand Maximus, is developed in collaboration between…
31 October 2016
Neptune Awarded HRV Contract
Neptune Marine Services (Neptune) is pleased to announce it has been awarded a contract to provide a Hyperbaric Rescue Vessel to DOF Subsea Australia.This is the first project for Neptune’s vessel, Offshore Guardian, and will see the vessel providing support to the client’s saturation diving campaign on the North West…
28 October 2016
Caldita-Barossa Pre-FEED Contracts up for Grabs
ConocoPhillips is zeroing in on its preferred contractors to perform pre-front-end engineering and design on the offshore facilities for the Caldita-Barossa gas project off northern Australia.Three pre-FEED packages are understood to be up for grabs — one for the big floating production, storage and offloading vessel and two for the…
28 October 2016
Total Hits Oil at Polshkov-1
French supermajor Total has revealed an oil discovery at its maiden deep-water exploration well in the Bulgarian section of the Black Sea.The Paris-based giant revealed the find in its third-quarter results statement on Friday, but kept further information under wraps.Although Total did not identify the oil discovery, it is at…
28 October 2016
Oceaneering Announces BP Angola Two-Year Contract Extension
Oceaneering International, Inc. (“Oceaneering” or the “Company”) (NYSE:OII) announced today that a unit of BP p.l.c. (“BP”) (NYSE:BP) has agreed to a two-year extension through January 2019 under the Field Support Vessel Services contract that was entered into with the Company for work offshore Angola on Blocks 18 and 31.…
27 October 2016
Forsys Debut Deal on Lancaster
Technip has confirmed the first award for its Forsys Subsea joint venture with FMC Technologies with a contract to deliver subsea hardware on the Lancaster fast-track field development off the UK.The debut engineering, procurement, construction and installation contract, disclosed by Technip in its third-quarter report, marks the first follow-on business…
27 October 2016
Statoil Aims for Big Piece of Brazil Gas Market
Statoil believes its two pre-salt projects will be capable of supplying between 10% and 15% of the natural gas to a growing Brazilian market in the future.Statoil's acquisition of operating stakes on Carcara in Santos basin block BM-S-8, and the Pao de Acucar field on Campos basin block BM-C-33, can…
27 October 2016
MeyGen Update
As announced on 7 October, the first of four Turbine Support Structures ("TSS") was installed using the Neptune jack up vessel owned by Geosea. All four foundations have now been successfully installed using the Neptune jack-up vessel which has been demobilised from the project site.This offshore operation was a resounding…
27 October 2016
Hurricane Energy Completes Lancaster fFeld Horizontal Sidetrack Well (205 21a-7Z) Test
Hurricane Energy, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that testing operations on the 205 21a-7Z well (the 'Horizontal Sidetrack Well') have been completed and the Company is now proceeding to suspend the well as a future producer, providing a…
27 October 2016
Statoil Eyes Norne Extension
Statoil reportedly intends to extend the lifetime of its Norne field in the Norwegian Sea as it targets additional resources to be tied into the field’s floating production, storage and offloading vessel.The state-owned operator aims to submit an application to the authorities next year to prolong the producing life of…
27 October 2016
Aker Solutions Signs Two Subsea Framework Contracts With BP
Aker Solutions secured two five-year framework agreements for potential future deliveries of subsea production systems and lifecycle services at BP-operated oil and gas fields globally.The first five-year contract covers engineering, procurement and construction of subsea production systems for new and maturing developments worldwide. Aker Solutions would bid for work under…
26 October 2016
Liza 3 Solidifies ExxonMobil Guyana Find
A key appraisal of ExxonMobil’s large Liza oil discovery offshore Guyana was successful, further boosting the resource estimate for what was already the largest oil discovery of 2015.The Liza 3 exploration well “was successful,” according to ExxonMobil partner Hess, and further solidified the potential recoverable oil in the reservoir.“Based on…
26 October 2016
Petrobras Looks to Bring Down Libra Costs
Brazilian national oil company Petrobras has put in motion an ambitious plan designed to bring down capital expenditure at the giant Libra pre-salt field in the Santos basin in an effort to improve its economics.Nicknamed "Libra 35", the initiative is being conducted by Petrobras and its Libra production-sharing-contract partners, including…
26 October 2016
Fugro Set to Carry Out Verbier Survey
A geophysical survey vessel MV Fugro Galaxy, has arrived on location to acquire a site survey over the Verbier prospect in the UK Central North Sea, Jersey Oil & Gas informed on Wednesday.The Verbier prospect is located within the UK Seaward Licence area P.2170, blocks 20/5b & 21/1d (P.2170 licence)…
26 October 2016
IKM Testing Pty Ltd Awarded 3+2 Year Pre-commissioning Services Frame Agreement by DOF Subsea
IKM are delighted to announce the successful award of a three (3) year frame agreement with the provision to be extended by a further two (2) years’ for pipeline pre-commissioning services by DOF Subsea operating primarily in Australia.DOF Subsea are a global team with a fleet of state-of-the-art, purpose-built vessels…