Search News

Latest News

2 September 2016

First Shah Deniz 2 Platform Jacket Sent Offshore

The Shah Deniz consortium are pleased to announce that the jacket for one of the Shah Deniz Stage 2 platforms sailed away from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) for offshore installation. The official sail away ceremony, which was held at BDJF today, was attended by H.E. President…

2 September 2016

Global Maritime Completes Njord A Disconnection and Tow to Shore

Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has successfully led the disconnection and towing operations of the Njord A semi-submersible floating production platform from the Njord field. The Njord A platform arrived safely in Klosterfjorden on the 23rd…

2 September 2016

Contract Extension for FPSO Fluminense Offshore Brazil

MODEC announced that Shell Brasil Petroleo Ltda., a subsidiary of Royal Dutch Shell plc, has extended its contract with MODEC for operations & maintenance of the FPSO Fluminense ("the FPSO") with effect from August 2016 to December 2020. The FPSO has been operating in the Bijupira & Salema oil fields…

2 September 2016

Plans for Orkney Oil and Gas Decommissioning Site Unveiled

A demolition company has unveiled plans to create a facility in Orkney to decommission redundant oil and gas rigs.Birmingham-based DSM is hoping to use Lyness on Hoy as a new base.The project could create scores of jobs, as spin-off work for local contractors and income for Orkney Islands Council which…

1 September 2016

Eni Completes Fifth Well in Zohr Campaign

Eni has informed that Zohr 5x, the fifth well on Zohr structure, has been drilled to the final TD of 4,350 meters.The Zohr 5x well is located in 1,538 meters of water depth and 12 kilometersm south west from the discovery well Zohr 1x.The well proved the presence of a…

1 September 2016

Topaz Cable Layer Stays on ABB Job

Topaz Energy and Marine has renewed its contract with ABB for the specialized cable laying vessel Topaz Installer.Under the terms of the contract, the Topaz Installer will provide ABB with cable-laying services in support of wind farms in the North Sea for a period of one year plus options of…

1 September 2016

IMES Ltd Acquisition Strengthens Seanamic Group’s Surface to Seabed Services Integration

Surface to seabed company, Seanamic Group, has acquired the business and trading assets of IMES Ltd, an inspection and monitoring engineering solutions company, headquartered in Aberdeen. Bringing IMES Ltd within the Seanamic Group marks a significant strengthening of the Group’s ability to deliver products through to services in the surface…

1 September 2016

Sapakencana Petroleum Wins New Contracts Worth $65.3m

SapuraKencana Petroleum Berhad (“SapuraKencana”) has been awarded new contracts by clients with a combined value of approximately USD65.3 million (approximately RM264 million, based on USD1: RM4.04).The contract awards for work in Malaysia and in Vietnam were recently made to the company’s wholly-owned subsidiary, SapuraKencana TL Offshore Sdn Bhd (“SKTLO”).Details of…

1 September 2016

OGA Issues Further Contracts to Build Frontier Seismic Database

The Oil and Gas Authority (OGA) has awarded two contracts worth more than £2.5 million to Schlumberger WesternGeco and DownUnder Geosolutions (DUG), in collaboration with Geopartners Ltd, to supply around 15,000km of reprocessed multi-client 2D seismic data in six areas around the UK Continental Shelf (UKCS)This includes data from the…

1 September 2016

SeaBird Exploration Purchase Hawk Explorer

SeaBird Exploration Plc ("SeaBird") has entered into a contract for the purchase of the vessel Hawk Explorer and its seismic equipment. Hawk Explorer has been a chartered vessel in the SeaBird fleet since 2006. Under the purchase agreement, SeaBird will pay USD 1.1 million for the vessel and seismic equipment…

1 September 2016

BP Signs Second Chinese Shale Gas Contract with CNPC

BP today announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC). The PSC, signed on 27th July, covers an area of approximately 1,000 square kilometres at Rong Chang Bei in the Sichuan Basin. In March…

1 September 2016

SNE Oil Field Development Concept

Following the successful results of the 2015/2016 appraisal program of the SNE oil field offshore Senegal in West Africa, FAR Ltd (ASX: FAR) has assessed that the Minimum Economic Field Size for a commercial development has been achieved. Cairn Energy PLC, the Operator, had previously assessed the Minimum Economic Field…

1 September 2016

Gazprom and Edison discuss southern route of Russian natural gas supplies to Europe

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Marc Benayoun, Executive Vice President of EDF and Chief Executive Officer of Edison, took place today in Milan.The meeting was focused on arranging the southern route of Russian gas supplies to Europe using the capacities of the…

1 September 2016

Chevron Announces First Gas from the Bangka Project

On August 31, 2016, Chevron Indonesia Company Ltd. announced that it achieved natural gas production from the Bangka Field Development Project, the first stage of the Chevron-operated Indonesia Deepwater Development (IDD) Project in East Kalimantan."First gas for the Bangka Project is a significant milestone and highlights Chevron’s commitment to continue…

31 August 2016

Tidal Energy Project Powers Ahead

With Scottish Enterprise's support, MeyGen's groundbreaking tidal energy project has the potential to be a ‘game-changer’ for Scotland and for the global renewables industry.MeyGen’s tidal energy project in the Pentland Firth will generate clean, predictable, green electricity and position Scotland as the world leader in marine energy generation, thanks to…

31 August 2016

Cyprus, Egypt in Gas Pipeline Deal

Cyprus signed a deal on Wednesday for the transfer of natural gas via pipeline to Egypt, once extraction starts of discoveries made off the Mediterranean island.US energy firm Noble found an estimated 4.5 trillion cubic feet of natural gas in one prospect off Cyprus in late 2011.A consortium of Italy's…

31 August 2016

NorSea Group Takes on Offshore Wind

NorSea Group has set up an offshore wind company in Denmark, which can deliver the full range of offshore wind industry services. The company has already won orders in several countries, including Denmark, Germany, UK and Taiwan."European offshore wind markets continue to grow and the markets in Asia and North…

31 August 2016

Statoil and Petrobras Strengthen Strategic Partnership in Brazil

Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU).The intention of the MoU is to evaluate joint participation in future tenders for exploration areas and to increase upstream collaboration in producing fields in the Santos and Campos offshore basins.The…

31 August 2016

Bell Geospace and Onyx Engineering Awarded FTG Contract By PETRONAS

Bell Geospace, the world leader in Gravity Gradiometry, together with Onyx Engineering, has been awarded a contract by multinational exploration business, Petroliam Nasional Berhad (PETRONAS).The contract, for 3D multi-client Full Tensor Gradiometry (FTG)data acquisition, processing and interpretative services, will cover approximately 198,900 square kilometres. The provision of airborne FTG and…

31 August 2016

Statoil to Explore Barents

“We have worked systematically on developing an exploration portfolio for testing good and independent prospects in 2017 and 2018. For 2017 we see promising prospects in different parts of the Barents Sea. For example, we want to explore the Blåmann prospect in the Goliat area, Koigen Central in PL718 on…

31 August 2016

Wood Group Wins New Framework Agreement with Wintershall Norge AS

Wood Group has been awarded a new frame agreement by Wintershall Norge AS to tender for provision of modification and maintenance services to assets in the Norwegian continental shelf (NCS).The four year frame agreement, which has two three-year extension options and is effective immediately, will be delivered from Wood Group’s…

31 August 2016

Oil Discovery at Langfjellet

Det norske oljeselskap ASA (“Det norske”), operator of PL 442, announces that drilling of exploration well 25/2-18 S on the Langfjellet prospect in the North Sea is about to be completed.The well encountered a gross oil column of 109 meters in the Vestland Group. A technical sidetrack was drilled to…

30 August 2016

Keppel to Deliver Bumi Armada’s First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Kraken Pte Ltd (Armada Kraken), a wholly owned subsidiary of Bumi Armada Berhad (Bumi Armada).The naming ceremony of the FPSO, Armada Kraken,…

30 August 2016

Starting the 24th Licencing Round

The Government hereby invites oil companies to nominate blocks for the 24th licencing round on the Norwegian continental shelf. The numbered licencing rounds cover frontier areas opened for petroleum activities, with the greatest potential for large discoveries.- The petroleum industry will be our largest and most important industry for decades…

30 August 2016

Shell Divests Gulf of Mexico Assets for $425m Plus Royalty Interests

Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100 percent of its record title interest in Gulf of Mexico Green Canyon Blocks 114, 158, 202 and 248, referred to as the Brutus/Glider assets, to EnVen Energy Corporation, through its…

30 August 2016

Development Costs Cut by Nearly Half

The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40 per cent since the autumn of 2014, according to the NPD's analysis of eight planned developments that are approaching start-up.The decline is a result of a combination of simpler development…

30 August 2016

DEA Preparing for Zidane

DEA has been present in Norway via DEA Norge since 40 years. DEA is currently finalising the PDO for the Zidane development, which is scheduled to be handed in to the Petroleum Ministry this fall. According to the Managing Director of DEA Norge, Hans-Hermann Andreae, Zidane is a milestone for…

30 August 2016

Gullfaks Rimfaksdalen Starts up Early

Gullfaks Rimfaksdalen (GRD) was scheduled for start-up on Christmas Eve this year, but the project has worked faster and now the field is on stream – at lower costs than planned.The project delivered is more than NOK 1 billion below the estimate of the plan for development and operation (PDO),…

30 August 2016

Wood Group Secures Engineering Framework Agreement with DONG Energy

Wood Group has been awarded a new engineering services framework agreement by DONG Energy, to support their oil & gas assets across the Danish, Norwegian and UK continental shelves.Front end development, maintenance and modifications, engineering, and late life and decommissioning services, for both topsides and subsea facilities, will be provided…

29 August 2016

Zenith Energy Successfully Completes First Offshore Abandonment Project in Offshore Italy

An Aberdeen based well management firm has successfully completed the plug and abandonment of a platform well located offshore Italy.Zenith Energy, which was established in 2012, provided well engineering and project management services to London-based operator, Rockhopper Exploration, successfully completing the P&A of the Ombrina Mare development well.Utilising its experienced…

29 August 2016

Wood Group Wins Utgard Design Scope

UK contractor Wood Group has landed a detailed design scope deal from Statoil covering the oil giant’s development plan for the Utgard gas and condensate field in the Norwegian North Sea.The $1 million workscope involves the subsea tie-back of the field to facilities in the Sleipner area and is the…

29 August 2016

Trelleborg to Set Up New Production Line for Subsea Market Materials

Trelleborg’s offshore operation in Norway is expanding its production capability with a new manufacturing line.The addition will complement its current range of thermal insulation materials by adding fusion bonded epoxy (FBE) powder coating and polypropylene (PP) to its portfolio.Hans Leo Hals, managing director of Trelleborg’s offshore operation in Norway, said:…

29 August 2016

India's Gas Based Economy Vision Seeks Subsea Pipeline Option

India’s hunt for developing a sustainable economy should not only involve the push towards renewable energy sources but also a firm commitment towards increasing in natural gas base, as also reflected in the statement of India’s Petroleum Minister. The efforts to this direction include increase cheaper LNG imports and reviving…

29 August 2016

Increasing the Value of Johan Sverdrup

Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norwegian authorities, Statoil has cooperated with partners, authorities and suppliers on improving the project. The positive development of investment costs for Johan Sverdrup continues.The first phase is currently estimated at NOK 99 billion, (Capex…

26 August 2016

Gulf of Mexico Lease Sale Yields $18 Million in High Bids on 138,240 Acres in Western Planning Area

As part of the Obama Administration's continued commitment to safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that today’s oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of…

26 August 2016

Mexico Energy Regulator Names Firms Qualified for Deep-water Tender

Mexico's energy regulator said on Wednesday that 26 companies had qualified to participate in the country's deep-water oil tender in December, the jewel in the crown of a landmark energy sector opening.Of the 26 companies that have qualified for the so-called Round 1.4 tender, 16 are operators, including state-owned oil…

26 August 2016

Fram C East Starts Production to the Troll C Platform

The development helps maximise production from the Fram area, in addition to boosting Troll C production and activities.Fram C East is a long production well drilled from the existing Fram subsea template. Production will be tied back to Troll C, an important North Sea hub.Gas will be transported to Kollsnes…

26 August 2016

Sparrows Group and SapuraKencana Petroleum form Partnership in Malaysia

Sparrows Group is set to further grow our presence in the Asian Pacific market following the formation of a partnership with SapuraKencana Technology Sdn Bhd, a wholly-owned subsidiary of SapuraKencana Petroleum Berhad.The partnership will see us collaborating in the provision of offshore and onshore crane services including manufacturing, supply, operations,…

26 August 2016

SgurrEnergy Secures 12 yearConstruction and Operational Monitoring Role for Merkur Offshore Wind Farm

SgurrEnergy has secured the construction and operational monitoring contract for 396MW Merkur offshore wind farm in the German North Sea, for which the new financing structure was put in place this month.The scope of the contract includes monitoring of construction works and the financial and operational performance of the project…

26 August 2016

Emerson Secures Metering Management Services Contract with Nexen

Nexen Petroleum U.K. Limited, a wholly-owned subsidiary of CNOOC Limited, has awarded Emerson (NYSE: EMR) a new five-year contract to provide metering management services for Nexen’s UK operations. The work will be managed from Emerson’s new Solutions Centre in Aberdeen.Emerson will provide onshore metering engineers and offshore metering and analyser…

26 August 2016

Mærsk Gallant Drills to Record Depths on Norwegian Shelf

With a total depth of 5,941 metres, Mærsk Gallant has beaten the record for deepest well ever drilled on the Norwegian continental shelf.On 31 July, Mærsk Gallant drilled the Solaris ultra HPHT (high-pressure, high-temperature) well to a total depth of 5,941 metres TVD (True Vertical Depth).This means that Mærsk Gallant…

26 August 2016

Consent to use the Facilities at Knarr and Gaupe

A/S Norske Shell (Shell) is taking over the operatorship of Knarr and Gaupe from BG Norge AS (BG).As a result, Shell has applied for consent to use these facilities, even though consent for their use was originally granted to the previous operator.Gaupe is an oil and gas field located close…

26 August 2016

Independent Resource Assessment Identifies Significant Potential in the West Orphan Basin Offshore Newfoundland and Labrador

Study shows the in place oil and gas resource potential is 25.5 billion barrels of oil and 20.6 trillion cubic feet of gas.August 24, 2016, St. John’s, NL - The Government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab announced today that the in place oil and gas resource potential…

26 August 2016

Consent For Lifetime Extension - Gullfaks B

The Norwegian Petroleum Directorate (NPD) has given the go-ahead for using the B platform on the Gullfaks field in the North Sea until 1 January 2036, which corresponds to the length of the production licence.Gullfaks B first came on stream in February 1988. In the application for extension, the operator…

26 August 2016

Njord A Towed to Kværner Stord

Oil and gas production on Njord should in fact have ceased a long time ago. When the field was developed, it was scheduled for production until 2013.“We have been able to recover more of the reserves than originally expected, and following new discoveries and the Snilehorn development, field production will…

26 August 2016

Pioneering Spirit Completes Yme Removal

Allseas’ giant vessel Pioneering Spirit has finished removing the Yme field's ill-fated platform 100 kilometres off Norway.Work concluded on Monday, and the platform has been sea-fastened on board. The vessel is en route to a newly developed dismantling yard in Lutelandet, Norway, according to a release.Removal of the mobile offshore…

24 August 2016

Launch Of Ground-Breaking Decommissioning Tool

Decom North Sea, the representative body for the offshore decommissioning industry, have launched the ground-breaking Late Life Planning Portal.The operational website – also known as L2P2 – has been designed to support the North Sea oil and gas industry in the planning and execution of late life and decommissioning projects.…

24 August 2016

TSC Signs Joint Venture Agreement for P&A and Decommissioning Market

The Board of directors (the “Board”) of TSC Group Holdings Limited (the “Company” or “TSC”, together with its subsidiaries, the “Group”) is pleased to announce that TSC has entered into an agreement on 18 August 2016 with Offshore CC FZE to form a Joint Venture (“JV”).more

24 August 2016

Höegh LNG - Webcast Details for the Second Quarter of 2016 Results

Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Group") will release its results for the second quarter of 2016 on Thursday 25 August 2016 at 07:00 am CET. In connection with this, the Group will hold a webcast at 09:00 am CET.more

24 August 2016

DolWin3 Clear: SeaTerra Completes Investigation of 278 Objects and Removal of Eight Ordnance Targets from the DolWin3 Cable Route

Commissioned by the transmission system operator TenneT, SeaTerra GmbH examined and cleared in recent weeks and months numerous metal objects from the future DolWin3 cable route between Emden and the seaward converter platform DolWin alpha. The DolWin3 project establishes a 900 megawatt (MW) direct current (DC) grid connection for offshore…