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7 June 2016
Record-High Gas Production at Gjoa
ENGIE E&P Norge has increased the gas production on Gjøa by 17.5 per cent. By continually challenging limitations and spotting potential, ENGIE E&P have increased the current gas production from Gjøa in the North Sea by 17.5 per cent. Moreover, Gjøa is scheduled to produce 60 million barrels of oil…
7 June 2016
Equatorial Guinea Oil & Gas Licensing Round Will Officially Launch at Africa Oil & Power
The Government of Equatorial Guinea will officially launch the country’s oil and gas licensing round, EG Ronda 2016, at the Africa Oil & Power conference, to be hosted June 6-7, 2016 at the Westin Hotel, in Cape Town. The opening of EG Ronda 2016 will take place during a Market…
7 June 2016
Drilling permit for well 36/7-4 in production licence 636
The Norwegian Petroleum Directorate has granted ENGIE E&P Norge AS a drilling permit for well 36/7-4, cf. Section 8 of the Resource Management Regulations.Well 36/7-4 will be drilled from the Transocean Arctic drilling facility at position 61°24’59.72’’ north, 04°04’08.06’’ east after the facility concludes the drilling of wildcat well 31/7-1…
6 June 2016
Prysmian Gets Submarine Cable Project in Venetian Lagoon
Prysmian Group has been awarded a new contract worth approximately € 34 million by Terna Rete Italia S.p.A. for submarine power cable links in the Venetian Lagoon.The contract has options for a second cable link with a value of approximately € 25 million.The project includes two 14 km and 6…
6 June 2016
Filicudi in Lundin sights
Swedish operator Lundin is gearing up to drill the Filicudi prospect to shore up resources for a possible development in the Loppa High area of the Barents Sea.Filicudi lies in production licence 533, bordering the Lundin-operated licences containing the Alta and Gohta discoveries, as well as the Statoil-operated Johan Castberg…
6 June 2016
ESVAGT Extends and Expands Collaboration with Hess
Purpose built ESVAGT vessel to perform additional tasks for Hess at the South Arne field.ESVAGT and Hess, who have collaborated at the South Arne field for 17 years, have agreed to extend their relationship for an additional twelve years.ESVAGT has supplied Hess with supply and standby vessels for the South…
6 June 2016
Atlantic Petroleum sells Orlando for cash and a share of the sale proceeds from Orlando production
Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK & Oslo Stock Exchange: ATLA NOK) announces that it has entered into a Sale and Purchase Agreement with Bridge Petroleum for its 25% interest in the Orlando development. The consideration is a less than DKK 7MM in cash and a deferred consideration in the…
6 June 2016
New Tow Contract
Solstad Offshore ASA (SOFF) has entered into an agreement with SBM Offshore for tow out of the Glen Lyon FPSO, from Haugesund to final location West of Shetland. SOFF has delivered the “Normand Prosper”, “Normand Ranger” and “Normand Progress” from own fleet, and a fourth vessel that has been chartered…
6 June 2016
2015 Atlantic Margin Oil and Gas Exploration Licensing Round - Phase 2 Awards
Seán Kyne T.D., Minister of State for Natural Resources, today announced the offer of 14 new Licensing Options in the Irish offshore following the conclusion of the 2015 Atlantic Margin Licensing Round.These awards are the second phase of awards under the Licensing Round and follow on from the first phase…
6 June 2016
Aker Solutions Wins Order for Umbilicals at Egypt's Zohr Offshore Gas Field
Aker Solutions won a contract to deliver its longest-ever umbilicals system at the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea.The agreement with Petrobel in Egypt is worth more than NOK 1 billion and will be booked in the second quarter. It stipulates the delivery of…
3 June 2016
Olympic Delta Secures New Job in Renewables
Olympic Shipping has secured a contract for inspection, maintenance and repair (IMR) vessel, Olympic Delta, with an undisclosed international client.The vessel will be employed within renewable energy sector, the company informed.According to the company, the contract will start immediately and has a fixed period of eight weeks plus options for…
3 June 2016
DNV GL - Oil & Gas Has Been Awarded a Master Service Agreement with Statoil
The contract includes a broad scope of studies on topics such as safety, platform technology, structural reanalysis and pipeline technology. In addition it offers hull and structural inspection services, the competent control of complex lifting equipment and software, maintenance and services for IT delivery."The signing of the MSA marks an…
3 June 2016
Consent for Removal of Ekofisk 2/4-G
BP Norge AS (BP) has received consent to remove the top deck of the 2/4-G facility.Ekofisk is an oil field lying in 70-75 metres of water in the southern North Sea, and was the first field on the Norwegian Continental Shelf to come into production.Ekofisk 2/4 G, under the Valhall…
3 June 2016
GSP Shipyard Announces Agreement for Construction of Four Tension Barges
GSP Shipyard, member of GSP Holding, has signed an agreement with Norwegian company SL MEKANISKE AS for the construction of four tension mooring barges.The works are part of the of the complete inshore mooring installation system of the spar platform Aasta Hansteen.As subcontractor of the project, GSP Shipyard will perform…
3 June 2016
Consent for Exploration Drilling for Tullow Oil Norge AS
Tullow Oil Norge AS (TONAS) has received consent to drill an exploration well in block 16/5.TONAS is the operator for production licence 776 in the North Sea. The well will be drilled in a prospect named Rome, with the designation 16/5-6. It is located around 37 kilometres southeast of the…
3 June 2016
Helix Finalizes Contract Negotiations With Petrobras
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has completed its contract renegotiations with Petróleo Brasileiro S.A. and has entered into amendments to its well intervention services contracts for its two chartered vessels, the Siem Helix 1 and the Siem Helix 2, offshoreBrazil. The contract for the…
3 June 2016
Statoil Secures Additional Equity in UK Licence for Utgard Field
On 1 June 2016, Statoil agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK licence for the Utgard field.On conclusion of this transaction Statoil will increase its holding in UK licence P312 to 100%, having previously acquired stakes from First Oil in October 2015 and…
2 June 2016
Green Light for Leviathan Plan
Noble Energy has received approval from the Petroleum Commissioner in the Ministry of National Infrastructure, Energy and Water Resources for the development of the Leviathan project offshore Israel.The approved plan of development (POD) contemplates a subsea system that connects production wells to a fixed platform located offshore with tie-in onshore…
2 June 2016
Wintershall Norway Picks TCO for Well Completion Ops
The agreement is one out of several contracts awarded by Wintershall for supply of well completion equipment and services on the Norwegian Continental Shelf. The contract is valid for the Maria and Brage fields with a fixed period of four years and may be extended by as many as four…
2 June 2016
Ichthys Contract for Aqualis Offshore
Under the contract, Aqualis Offshore will manage the position keeping procedure and provide position keeping masters during the offshore operations. Contract value is undisclosed.Aqualis Offshore will provide the services as a sub-supplier to POSH Terasea Offshore Pte Ltd, who will manage the towage of the FPSO from Daewoo Shipbuilding &…
2 June 2016
Hibiscus Petroleum Moves into Profitability
Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Group”) today announced its results for the third quarter ended 31 March 2016 (“third quarter”). For this period, the Group recorded a profit after taxation of RM80.5 million (an increase of RM 91.5 million versus a loss after taxation of RM11.0 million in…
2 June 2016
Utgard Spending in Sight
Statoil is reportedly looking to invest between Nkr4 billion and Nkr4.5 billion ($478 million and $538 million) in development of the Utgard discovery straddling the Norway and UK maritime border in the North Sea.It would mark one of only a few field developments set to move forward this year in…
2 June 2016
Caley Dive Bell Handling Systems for Deep Installer and Van Gogh DSCVs
Offshore handling systems specialist, Caley Ocean Systems, is supplying Singapore based, diving and subsea equipment company Flash Tekk Engineering with saturation dive bell handling systems for its client Ultra Deep Solutions’ vessels Deep Installer and Van Gogh DSCVs.The Caley dive bell handling systems are designed for deployment and recovery of…
2 June 2016
Alam Maritim Awarded Contract for Petronas Floating LNG-1 Project
Alam Maritim Sdn Bhd has been awarded by PFLNG-1 a Subcontract works for the floating liquefied natural gas (FLNG) offshore works for supply of miscellaneous marine spreads for Petronas Floating LNG-1 Project with the award value of RM28.3 millionThe subcontract is expected to commence in mid June until October 2016
2 June 2016
Update on Edvard Grieg Acquisition Transaction
Further to the Edvard Grieg deal announcement on the 3 May 2016, Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that the Norwegian Ministry of Petroleum and Energy has granted approval for the transaction where Lundin Norway AS will acquire from Statoil Petroleum AS an additional 15 percent interest…
2 June 2016
Bibby Offshore Steps into Offshore Wind Cable Installation Arena
Bibby Offshore is moving into the offshore wind array cable installation market with the acquisition of a power cable lay carousel from Ecosse Subsea Systems (ESS).Bibby Offshore and ESS have also entered into strategic alliance by way of a framework agreement.Under this strategic alliance, Bibby Offshore will provide commercial expertise…
1 June 2016
2 Year Contract Extension with MCA
Following the first 3 years of successful hydrographic survey, MMT UK has been awarded a further 2 year contract extension with the Maritime & Coastguard Agency's Civil Hydrographic Programme (CHP).This is the second time MMT UK have been awarded an extension following a successful first 3 years. MMT UK are…
1 June 2016
Subsea 7 Announces Early Termination of Contract Offshore Brazil
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the early termination of the day-rate contract for Subsea 7's Pipelay Support Vessel (PLSV), Seven Mar, working for Petrobras, offshore Brazil, effective 31 May 2016. The contract was due to expire at the end of 2016 and as a result…
1 June 2016
ROVOP wins £3m Mexico and Asia deals
Independent remotely operated vehicle (ROV) provider ROVOP has been awarded £3million worth of new contracts, which sees the company expanding into two new territories.For the first time ROVOP will complete projects in South East Asia and Mexico, signalling success for both its Aberdeen and Houston bases.The company has also announced…
1 June 2016
SgurrEnergy secures Beatrice construction monitoring contract
Leading renewable energy consultancy, SgurrEnergy, has been awarded a three-year construction monitoring contract for the 588MW Beatrice offshore wind farm- the first commercial offshore wind farm from the Crown Estate Scottish Territorial Waters leasing round to reach this stage of development.The construction monitoring appointment follows a successful one-year role as…
1 June 2016
Oceaneering Wins with Statoil
Oceaneering Norway has been awarded a framework agreement by Statoil for the maintenance, modification and storage of ROV tools and related subsea equipment.Additionally, the deal covers the manufacturing and sale of ROV tools and related equipment.Reportedly, the agreement has been signed for two years with options for an additional 2…
1 June 2016
4Subsea Awarded Framework Contract with Statoil
4Subsea’s framework agreement covering 10 installations on the NCS in the period 2012-June 2016 has been extended to June 2018.4Subsea’s scope of work has increased with one additional installation and will be covering the following Statoil installations on the NCS; Statfjord C, Snorre A, Snorre B, Gullfaks A, Veslefrikk, Volve,…
1 June 2016
DOF Contract Awards
DOF Subsea has been awarded several ROV and diving contracts for the vessel Skandi Achiever in the North Sea and the North America region, securing utilization of the vessel until end-October 2016. Following completion of ongoing commitments in the North Sea, the vessel will mobilize to Canada for ROV and…
31 May 2016
Two Additional SMST Cranes for Maersk’s Subsea Support Vessels
SMST, specialist in design and construction of offshore equipment, has been awarded a contract for the delivery of two additional 100t Knuckle Boom Cranes for the four Subsea Support Vessels (SSVs) of Maersk Supply Service, being built by COSCO (Dalian) Shipyard. The delivery is a sequel to two previously ordered…
31 May 2016
Technip Awarded Major Natural Gas Field Development Contract in Mediterranean Sea
Technip has been awarded a major contract to develop the Bahr Essalam, Phase II development in the Central Mediterranean Sea.This natural gas field development, which is operated by Mellitah Oil & Gas B.V. Libyan Branch, a consortium between National Oil Corporation and ENI North Africa, will be tied back to…
31 May 2016
New Oil Prone Acreage Acquired on NWS
Carnarvon Petroleum Limited (“Carnarvon”) (ASX: CVN) has acquired 100% of WA-523-P and added another high quality asset to its growing portfolio of oil and gas exploration projects on Australia’s North West Shelf (“NWS”). More - http://carnarvon.com.au/wp/wp-content/uploads/2016/05/newacreage15.pdf
31 May 2016
Survey Works Completed Swiftly
Norfolk Marine’s Survey vessel the “Norfolk Swift” has completed her 2nd survey contract this month for E.on. The first contract was completed at Scroby Sands Offshore Windfarm prior to maintenance work being carried at the site early in May. For this contract the vessel operations were conducted from Norfolk Marine’s…
31 May 2016
Shell Awards Parque das Conchas Subsea Pump Contract to Sulzer, FMC
Sulzer and FMC Technologies have received a subsea multiphase boosting pump contract to upgrade one of the pumping modules in Shell’s Parque das Conchas, a deepwater field off the coast of Brazil.The pump modifications suit the specifics of the field with a high shut-in pressure of 517 bar (7,500 psi).…
31 May 2016
Tasik Subsea Splashes DSV Southern Star
Singapore-based Tasik Subsea has launched its IACS-classed diving support vessel the ‘Southern Star’ in China.Reportedly, a five-year bareboat charter has already been signed for the vessel, scheduled to come into service early next year.The 112-metre, DP3, saturation/air dive and ROV support vessel features two moon pools and has a 300…
31 May 2016
SapuraKencana Finds Gas Off Malaysia
SapuraKencana Energy (SKE) announced gas discovery from its three wells 2015 drilling campaign within the Block SK408 production sharing contract (PSC) area, offshore Malaysia.All three wells targeted non-associated gas within the primary target Late Miocene Carbonate reservoirs. The first well, Jerun-1 is located approximately 5 km north of the 2014…
30 May 2016
Agreement for the Supply of Natural Gas from the Leviathan Project to I.P.M. Beer Tuvia Ltd
Tel Aviv, May 30, 2016. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that attached is an Immediate Report just published by the each of Avner Oil Exploration Limited Partnership and Delek Drilling Limited Partnership ("the Partnerships) concerning an agreement for the supply of natural gas to I.P.M.…
30 May 2016
Statoil Drills Minor Oil Discovery and Dry Appraisal Well Southwest of the Oseberg Sør Field in the North Sea
Norway's NPD reports that Statoil, operator of production licence PL 035, is in the process of concluding the drilling of wildcat well 30/11-12 S and appraisal well 30/11-12 A. The wells were drilled 2 km south of the 30/11-9 A (Askja Øst) discovery, and about 35 km southwest of the…
30 May 2016
Drilling Permit for Wells 30/11-14, 30/11-14 A and 30/11-14 B in Production Licence 035
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for wells 30/11-14, 30/11-14 A and 30/11-14 B, cf. Section 8 of the Resource Management Regulations.The three wells will be drilled from the Songa Delta drilling facility at position 60°11’29.9’’ north and 02°35’11.4’’ east in production licence…
30 May 2016
Huisman Installs Pipelay Tower Onboard Seven Cruzeiro
Huisman, the specialist in lifting, drilling, and subsea solutions, last week welcomed Subsea 7’s Seven Cruzeiro at the Huisman Schiedam quayside for the installation of pipelay tower.According to the company’s social media, the 550mt pipelay tower was installed onboard the vessel.The vessel was launched in January this year at Royal…
30 May 2016
Maersk Highlander Jack-up Rig Delivered in Singapore
The rig had originally been ordered by Hercules Offshore, which last week agreed to a deal with Maersk Drilling, whereby Maersk Drilling would pay the last installment for the rig and take over the ownership. Maersk Drilling also takes over the rig’s contract at the Culzean field in the North…
27 May 2016
Seacat Services secures Burbo Bank charter deal
Leading offshore wind project developer, DONG Energy, has awarded class-leading offshore energy support vessel operator, Seacat Services, with the supply contract for all crew transfer services at its 258MW Burbo Bank Extension project under development in the Irish Sea.The four-vessel charter contract with durations of three to 11 months is…
27 May 2016
Mermaid Secures Additional Subsea Contracts,
Mermaid Maritime Public Company Limited (“Mermaid” or "Company") is pleased to announce that Mermaid’s Western Hemisphere business unit (“MSSW”) has recently been awarded seven (7) different subsea projects in the Middle East with an estimated aggregate contract value of USD 11 million. The various work scopes include subsea survey, inspection,…
27 May 2016
Maersk Drilling buy Hercules newbuild for Culzean
Maersk Drilling has bought a jack-up newbuild which will be used at the company’s Culzean development in the North Sea.The newbuild was bought from US owner Hercules Offshore.The company said it expects immediate delivery from the Jurong Shipyard in Singapore with Maersk Drilling assuming the right to take delivery of…
27 May 2016
Horizon ROV Team Success on West India Jacket Installation Project
Horizon recently provided ROV services for Valentine Marine Gulf Limited on an ONGC India project during a 2 month campaign in the Heera Field, Offshore Mumbai. The work was centred around an installation for a four legged jacket and topside. Horizon’s ROV was mobilised onto Valentine’s DLB 1600 barge for…
27 May 2016
Delineation of the 16/1-7 Oil Discovery in the North Sea – 16/1-26 S and 16/1-26 A
Det norske oljeselskap AS, operator of production licence 001 B, has concluded the drilling of appraisal wells 16/1-26 S and 16/1-26 A.The wells were drilled about 1.5 kilometres southeast of the 16/1-7 discovery well in the central part of the North Sea.The 16/1-7 (West Cable) oil discovery was proven in…