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12 July 2016
Dril-Quip Lands $40m Indonesia Deal
Houston-based equipment maker Dril-Quip has landed a deal with Kangean Energy Indonesia - a contractor for Indonesian upstream regulator SKK Migas - to supply subsea drilling and production equipment to projects off Indonesia.Under the agreement, Dril-Quip will provide subsea wellhead systems, subsea tree systems, subsea control systems and other equipment…
12 July 2016
Two North Sea Contract Wins
Amec Foster Wheeler announces today the award of two long-term major services contracts as part of Repsol Sinopec Resources UK’s long-term transformation and long-term commitment to the North Sea. The contracts are both for an initial three-year term with up to two one year extensions.The new contracts are for the…
12 July 2016
Global Maritime Provides Marine Warranty Services to US’s First Offshore Wind Farm
Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has signed a contract with leading offshore wind developer Deepwater Wind to provide marine warranty services for the Block Island Wind Farm, America’s first offshore wind farm.Services that will be provided…
12 July 2016
West African Ventures Completes Pipelay and Construction Campaign for Chevron in Nigeria
Sea Trucks Group ("Sea Trucks") is pleased to announce the successful completion of the Pipelay and Construction campaign: Sonam Field Development Project for Chevron Nigeria Ltd. The contract for the project was awarded to West African Ventures Ltd, Sea Trucks' principle Nigerian business in June 2015.The Sonam Field Development Project…
12 July 2016
GC Rieber Shipping Enters into 7 Month Charter for CSV Polar Queen
GC Rieber Shipping ASA has entered into a time charter agreement with Senvion GmbH for the Construction Support Vessel (CSV) Polar Queen for a fixed period of 7 months with options to extend by up to 3 months. The charter will commence in spring 2017.Senvion GmbH is among the leading…
12 July 2016
Aker Solutions Wins Engineering Contract in Vietnam From Idemitsu Oil and Gas
Aker Solutions secured a contract from Idemitsu Oil and Gas Co., Ltd. to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam.It is the first time Aker Solutions teams up with Idemitsu on a project in Asia Pacific and marks…
12 July 2016
Premier Oil Trading and Operations Update
Premier today provides an update on recent operational activities and guidance in respect of its half year financials to 30 June 2016. The Group’s Half-Yearly Results will be published on Thursday 18 August 2016.Strong production of 61.0 kboepd, with recent record rates above 80 kboepd; full year production expected to…
11 July 2016
ExxonMobil gets Balder Subsea Start-up Nod
ExxonMobil has been given the go-ahead by Norwegian authorities to start up a subsea facility on the Balder field in the central North Sea.The US supermajor has permission for the start-up of the facility at the 25/11-E-29 AH production well at the field on Block 25/11 in production licence 001,…
11 July 2016
OEM Supports Go Marine Vessel Fleet
OEM Group has secured a two-year contract worth up to £1 million with Go Marine to deliver engine support services to its fleet of vessels operating in the oil and gas industry.Under the global technical support and services agreement, OEM Group will carry out the procurement of engine spare parts,…
11 July 2016
Brown Secures UK Gov Oil & Gas Commitment
Cabinet Secretary for the Economy Keith Brown today welcomed assurances he has secured from the UK Treasury that more will be done to support investment in offshore oil and gas infrastructure.Mr Brown has made repeated calls on the Treasury to honour promises made in last March’s budget to use the…
11 July 2016
Outtrim East-1 Well Oil Discovery
Carnarvon Petroleum Limited (“Carnarvon”) (ASX:CVN) provides the following update on drilling operations as advised by the operator of the Outtrim East-1 well, Quadrant Energy.ProgressSince the last report the well has completed the coring operation, drilled down to final depth of 1,441 metres, and completed a revised wireline logging program.Forward PlanThis…
11 July 2016
Consent for Extended Lifetime for the Tambar Facility
The Norwegian Petroleum Directorate is giving the green light to use the facility on the Tambar field in the North Sea until 1 January 2022. This coincides with the expiry of production licence 065.The lifetime was set at 15 years in the Plan for Development and Operation (PDO), which is…
11 July 2016
Brasse Oil and Gas Discovery – Successful Side-track Appraisal and Volume Estimate
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal, development and production opportunities in Norway and the UK, is pleased to announce the completion of a successful side-track appraisal well on the Brasse discovery in licence PL740 in the Norwegian North Sea (Faroe 50% and operator).The…
11 July 2016
Q2-2016 Operations Update
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) (“Ithaca” or the “Company”) provides anoperations update following the end of the second quarter of the year (“Q2-2016” or the “Quarter”), including an update on the status of the “FPF-1” floating production facility modifications programme being undertaken by Petrofac in the Remontowa…
8 July 2016
MeyGen to Combine Wind and Tidal Power Output
Atlantis has reached an agreement between its majority owned MeyGen project and a nearby wind farm development to facilitate access to the distribution grid for other renewable energy projects.The first phase of the MeyGen project was recently connected to the 33kV Ness of Quoys distribution network and is on track…
8 July 2016
National Oilwell Varco and GE Oil & Gas Cooperate to Provide Integrated Solutions for Floating Production Storage and Offloading (FPSO) Vessels
National Oilwell Varco, Inc. (NYSE: NOV) and GE Oil & Gas announced today the execution of an agreement to collaborate on delivering integrated solutions for Floating Production Storage and Offloading (FPSO) vessels. The agreement brings together the complementary product offerings and engineering capabilities from two industry leaders to optimize engineering…
8 July 2016
Repsol to Revive Ca Rong Do off Vietnam
Repsol is breathing fresh life into its Ca Rong Do (Red Emperor) oil and gas project in Vietnam after receiving updated contractor submissions and having reset the first oil date.The project has been in hibernation for the last six months given the prevailing tough economic conditions.However, sources said that major…
8 July 2016
BW Offshore: Contract Extension For FPSO Espoir Ivoiren
CNR International (Cote D'Ivoire) SARL has exercised the option to extend the fixed term of the lease contract for FPSO Espoir Ivoirien from 2017 to 2022. The terms are based on existing extension options, with some adjustments for life extension investment scope, delivering cost savings for both parties.
7 July 2016
Keppel to Revamp Castorone Pipe Laying Vessel
Keppel Offshore & Marine has secured a contract to carry out upgrading work to the pipelay vessel, Castorone, for Saipem Offshore Norway (Saipem).Keppel Shipyard previously undertook the completion and integration works for the newbuild Castorone in 2011.Keppel Shipyard’s job scope includes the replacement of switchboards to improve the vessel’s power…
7 July 2016
Kleven Completes Aker Wayfarer Upgrade
Kleven’s Myklebust Verft in Gursken, Norway, has completed modification of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV), Ocean Yeald informed on Thursday.The modification contract was inked in October 2014 with Ocean Yield, a ship owning company with investments within oil-service and industrial shipping.Aker Wayfarer…
7 July 2016
Piling Work Recommences at Rampion
With the black bream spawning season at a close, piling work to install wind turbine foundations at Rampion has recommenced this week while disposal of the two unexploded ordnance (UXO) devices found 3km offshore is planned to take place over the summer.20 monopile foundations, each weighing between 500 and 800…
7 July 2016
DeepWell Secures Major Contract with Statoil, Increasing Market Share Significantly.
DeepWell has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed NOK 1 billion over a four-year period, or more than NOK 2 billion if optional periods are included.Contract for the…
7 July 2016
GC Rieber Shipping Enters into Charter with Technip Angola for the Subsea Vessel Polar Onyx
GC Rieber Shipping enters into charter with Technip Angola for the subsea vessel Polar Onyx GC Rieber Shipping ASA has secured a time charter agreement with Technip Angola for the SURF vessel Polar Onyx. The vessel will conduct SURF and construction duties in Angola.The charter commences prompt and lasts for…
7 July 2016
Saipem Awarded New E&C Contracts Worth Over €1.5 Billion, Including the Zohr Field Development Project
San Donato Milanese (Milan), July 7th, 2016 – Saipem has been awarded new contracts and variation orders in E&C offshore, for an overall amount in excess of 1.5 billion euros. The most significant contract relates to the Field Development Project for the “supergiant” Zohr gas field, located off the Egyptian…
6 July 2016
Dar Group Companies Bag Arabia – Kuwait Pipeline Deal
Penspen and Dar Al Handasah, operating as a joint venture, have been awarded a new project management contract by Kuwait Gulf Oil Company to manage the engineering, procurement and construction of a new gas and condensate pipeline.The pipeline runs both offshore and onshore from Khafji in Saudi Arabia to the…
6 July 2016
Brazil 2017 Subsalt Oil Rights Sale to Unlock Stalled Fields
Brazil on Tuesday said it will sell four areas in its prolific subsalt region by mid-2017 to speed up development of offshore oil and gas discoveries blocked by nationalist energy policies and state-run Petrobras' debt and financial woes.One of the areas will abut the giant Carcará prospect in the BM-S-8…
6 July 2016
DONG Energy Wins Tender for Dutch Offshore Wind Farms
The Netherlands’ Minister of Economic Affairs has awarded DONG Energy the concession to build the Netherlands’ offshore wind farms Borssele 1 and 2. DONG Energy won the concessions with an average bid strike price, excluding transmission costs of 72.70 EUR per MWh during the first 15 years of the contract.…
6 July 2016
BP Awards Bibby Offshore Combined Diving Campaign
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully secured an important contract with BP.The 15 day project, due to commence in August 2016, will see diving support vessel Bibby Topaz, working on four BP operations across three of its North Sea assets.The platforms…
5 July 2016
Noble Sells Tamar Stake
US independent Noble Energy has signed a deal to sell a 3% stake in its prolific Tamar field off Israel.Noble said on Tuesday that, under the agreement, it will divest a stake to a partnership between Harel Group – an insurance provider and pension manager in Israel - and private…
5 July 2016
First Subsea lands Shell job
Mooring specialist First Subsea has landed a contract from Shell for work on the supermajor’s Appomattox development in the deep-water US Gulf of Mexico. MexicoFirst Subsea said on Tuesday that, under the contract, it will supply the development with its Ballgrab subsea mooring line connectors.The value of the deal was…
5 July 2016
Chevron Approves $36.8bn Tengiz Expansion
Supermajor Chevron has approved the multi-billion-dollar expansion of its Tengiz oilfield in Kazakhstan.Chevron will proceed with the development of its future growth and wellhead pressure management project (FGP-WPMP) as part of its expansion programme at Tengiz. The new development will increase oil production at the field by about 260,000 barrels…
5 July 2016
Shell Delays North Sea Brent Platform Decommissioning to 2017
Anglo-Dutch oil major Royal Dutch Shell will start dismantling its nearly 40-year-old Brent Delta platform in the North Sea in 2017, a senior manager said, delaying the process by around one year.Brent Delta, as tall as the Eiffel Tower, is the first of four Brent platforms to be decommissioned and…
5 July 2016
Royal IHC and Tompkins Strengthen their Strategic Cooperation
Royal IHC and Tompkins UK Limited are strengthening their strategic cooperation with IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture (that IHC and Tompkins created in 2015).Modus is a specialist provider of remote and…
5 July 2016
Eagle Exploration Update
On 1 July 2016, EnQuest announced a discovery in respect of the recently drilled Eagle exploration well in the Central North Sea. EnQuest asserted that it had drilled the well on a 100% working interest basis.Prior to EnQuest proceeding to drill the Eagle exploration well, Dana had asserted to EnQuest…
5 July 2016
New subsea Well at Balder
ExxonMobil is the operator of the Balder field, in block 25/11 in the North Sea, around 190 km west of Stavanger.The Balder field belongs to production licence PL 001. The first oil discovery on the Norwegian Continental Shelf was made in this field back in 1967. At the time, the…
4 July 2016
Sea Trucks Lands Magallanes work
Dutch services player Sea Trucks Group (STG) has won two contracts to work at Magallanes gas field off Argentina.The vessel owner landed a contract from state player ENAP Sipetrol for a pipelay construction project at the field in the far south region of the South American nation.The deal includes engineering…
4 July 2016
BP Announces Final Investment Decision to Expand Indonesia’s Tangguh LNG facility
BP, on behalf of Tangguh Production Sharing Contract Partners, today announced that the Final Investment Decision (FID) has been approved for the development of the Tangguh Expansion Project in the Papua Barat Province of Indonesia.“The Tangguh Expansion Project demonstrates BP and its partners’ continued confidence in Indonesia and our commitment…
4 July 2016
Ezra Sells 80% Interest in Lewek EMAS FPSO to PetroFirst for $166.35M
Singapore-based Ezra Holdings Ltd. reported Friday that the firm and EMAS Offshore Production Service (Vietnam) Pte Ltd. (EOPS), a unit of its subsidiary Emas Offshore Ltd., announced Friday that they have entered July 1 into a share purchase agreement (SPA) to sell a combined 80 percent interest in PV Keez…
1 July 2016
Aibel Scoops Greater Enfield Prize
Aibel in Singapore has been awarded the E&P contract for modifications on Woodside Energy’s Ngujima-Yin floating production storage and offloading (FPSO) off Western Australia.The FPSO will undergo modifications to the topsides, hull and turret, along with installation of a new custom water flood module. The contract includes both detailed marine…
1 July 2016
Rana Scores IMR Gig with Eni Congo
Ravenna-based diving and subsea services provider, Rana, has been awarded a contract by Eni Congo for the underwater inspection, maintenance and repair (IMR) on 17 platforms offshore Congo.For this campaign, the company has chartered the diving support vessel DSV Toisa Paladin.The 104-meter vessel, equipped with 18-person dive system, is currently…
1 July 2016
Maersk Drilling Rig Sets Off To The North Sea
Maersk Drilling has announced that its Maersk Highlander jack-up drilling rig has set off to the Culzean gas field, in the UK sector of the North Sea.The newbuild harsh environment jack-up drilling rig is to work for Maersk Oil on the Culzean gas field, operated by Maersk Oil, the company…
1 July 2016
OGA Decommissioning Strategy
The OGA has developed the Decommissioning Strategy in collaboration with industry and the MER UK Boards in support of the MER UK Strategy and OGA Corporate Plan.Its priorities are:Cost certainty and reductionDecommissioning delivery capabilityDecommissioning scope, guidance, and stakeholder engagementThe OGA has been set up to regulate, influence and promote the…
1 July 2016
HBC Offshore Solutions Contract Win for Rampion Offshore Wind Farm Project
HBC Offshore Solutions Ltd part of the HBC Group are proud to announce that we have been awarded with the contract to support Fugro with the installation of the array cables on the Rampion Offshore Wind Farm project.Fugro will lay and bury 122 array cables with its construction and installation…
1 July 2016
HBC UK Ltd. has been awarded the DONG Subsea Inspection Campaign for UK
Later this week HBC UK Ltd. will commence Diving and ROV operations on the awarded the DONG Subsea Inspection Campaign for the United Kingdom.The Inspection Campaign includes the wind farms Burbo Bank Offshore Wind Farm, Barrow Offshore Wind Farm, Gunfleet Sands Offshore Wind Farm, London Array Offshore Windfarm, West of…
1 July 2016
Construction Start on Johan Sverdrup Riser Platform
Project director for Johan Sverdrup Kjetel Digre (from right), project manager for the riser platform and the processing platform Ståle Nordal and head of Samsung Heavy Industries’ offshore division Younsang Won led the formal celebration of the construction start in South Korea 30 June.“As we are starting the riser platform…
1 July 2016
Central North Sea Drilling Programme
The implementation of EnQuest's 2016 drilling programme in the Central North Sea has been excellent. Drilling of the Scolty/Crathes development wells was completed ahead of schedule and under budget. The Scolty reservoir was on prognosis and the Crathes reservoir exceeded expectations, with a small reserves upgrade.In Q2 2016, EnQuest undertook…
30 June 2016
ExxonMobil Announces Significant Oil Discovery at Second Well in Offshore Guyana
Exxon Mobil Corporation (NYSE: XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels.“We are excited by the results of a production test…
30 June 2016
Lundin Petroleum Board Resolves on Edvard Grieg Transaction
The Board of Directors of Lundin Petroleum AB (Lundin Petroleum) has resolved on the newshare issues and share transfer in order to complete the Edvard Grieg acquisition.On 3 May 2016, Lundin Petroleum announced that Lundin Petroleum and its wholly-owned subsidiary LundinNorway AS (Lundin Norway) had entered into agreements with Statoil…
30 June 2016
INTECSEA and Innospection Team up to Launch FlexIQ
INTECSEA and Innospection Ltd announced today the launch of FlexIQ, a complete offering in the arena of flexible riser integrity management from the strategic alliance between INTECSEA and Innospection.This partnership redefines the approach to flexible riser integrity management by offering clients best in class inspection and computational simulation techniques as…
30 June 2016
PIM Integrity Management Awarded Petronas Licence
PIM Integrity Management Sdn Bhd (PIM IM) is proud to announce that it has recently been awarded a licence by PETRONAS. PIM IM, which was set up in Selangor, Malaysia in December 2015, is an associate company of Plant Integrity Management Ltd UK (PIM). PIM IM and PIM specialise in…