Search News

Latest News

27 May 2016

Wintershall Norge AS Awards Well Completion Contracts to Six Companies

Wintershall Norge AS has awarded a series of four year contracts for supply of well completion equipment and services for its operated drilling activities in Norway. The contracts have been awarded to six companies including Halliburton which will provide the largest share of the work. Tendeka, TCO, Schlumberger, PTC and…

27 May 2016

Aquatic to mobilise carousel for Bibby Offshore’s ETAP redevelopment project for BP

Aquatic Engineering & Construction Ltd, an Acteon company, is subcontracted to Bibby Offshore Limited to replace subsea infrastructure in the Central North Sea as part of BP’s $1billion Eastern Trough Area Project (ETAP) Life Extension Project. Aquatic will deploy its carousel system to install 35 kilometres of umbilical ensuring electrical…

27 May 2016

James Fisher Charters Polar Onyx

GC Rieber Shipping enters into charter with James Fisher Marine Services GC Rieber Shipping ASA has secured a cable lay charter with marine solutions and specialist engineering service provider James Fisher Marine Services for the SURF vessel Polar Onyx for services in British Sector.The charter commences prompt and with options…

26 May 2016

Technip Awarded Contract to Provide Basic Engineering and Proprietary Equipment for Furnace Project in Saudi Arabia

Technip was awarded a contract by CTCI(1) to provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace at the Saudi Kaya (2) petrochemical complex in Jubail, Saudi Arabia.The furnace design will be based on Technip’s proprietary USC® furnace technology. Technip was awarded this project for its best…

26 May 2016

DeepOcean Starts Trenching Works Off Abu Dhabi

DeepOcean has been awarded a contract for the provision of post-lay trenching of a 42-km power cable from the shore to offshore United Arabic Emirates.According to the company, the post-lay trenching works have now started offshore Abu Dhabi, and will be performed by DeepOcean’s recently upgraded T1 mechanical trencher.Modifications to…

26 May 2016

Boskalis in Multi-Year Subsea IRM Campaign for Maersk Oil

Boskalis Subsea Services has been awarded a subsea IRM contract by Maersk Oil for the provision of air and saturation diving services from 2016 to 2019.The framework agreement includes the two yearly inspection campaigns of the subsea structures of the 40 production platforms in the Danish sector of the North…

26 May 2016

SOCAR and BP Sign MOU to Explore Block D230 in North Absheron Basin

SOCAR and BP signed a memorandum of understanding (MOU) to jointly explore potential prospects in block D230 in the North Absheron Basin in the Azerbaijan sector of the Caspian Sea. On this occasion, the companies made following announcement:As part of the government’s plan to ensure that all of Azerbaijan’s offshore…

26 May 2016

Consent for Exploration Drilling for Eni Norge

Eni Norge is the operator for production licence 226 in the Barents Sea. The well is to be drilled in a prospect named Aurelia, with the designation 7222/1-1.The geographical coordinates are:72° 56' 45.9401" N22° 19' 26.1847" EWater depth at the site is 424 metres.Drilling is estimated to last for 58…

26 May 2016

Consent to use Island Constructor on the Draugen field

The PSA has given AS Norske Shell consent to use the Island Constructor mobile drilling facility for start-up and repair of wells on the Draugen field.Draugen is an oil field in the Norwegian Sea in 250 metres of water. The field has been developed using a fixed concrete facility with…

26 May 2016

BP Starts up Major Project at itsLargest Gulf of Mexico Platform

HOUSTON - BP has started up a major water injection project at its Thunder Horse platform, extending the production life of one of the biggest deepwater fields in the U.S. Gulf of Mexico. The project, which reflects BP’s strategy of continued investment in its existing deepwater Gulf of Mexico production…

26 May 2016

Bibby Offshore Awarded North Sea Contract with Apache

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a substantial contract win with Apache North Sea Ltd to provide subsea construction, ROV and diving services at the largest oil field in the North Sea.The contract, due to begin this month, will utilise Bibby…

25 May 2016

Neptune Awarded McDermott Contract

Neptune is pleased to announce it has been awarded a contract for the provision of 350 concrete mattresses by McDermott Australia Pty Ltd (McDermott International (NYSE: MDR)).The mattresses, which will be utilised for flowlines walking mitigation on the INPEX operated Ichthys LNG project, will be manufactured at Neptune’s yard in…

25 May 2016

Technip Awarded Umbilical Supply Contract by Statoil in Norway

Technip’s wholly-owned subsidiary Technip Umbilicals Ltd. has been awarded a contract by Statoil ASA to supply the umbilical to the Oseberg Vestflanken 2 field offshore Norway. This field is located approximately 8 kilometers North West of the Oseberg field center at block 30/9-30/6 on the Norwegian continental shelf, at water…

25 May 2016

James Fisher Wins Wave Hub Gig

James Fisher Marine Services has been awarded a contract from the wave energy test site operator Wave Hub Limited for the cable tail extension installation services.Namely, Wave Hub intends to set up four 33kV rated cable tail extensions from the current dry mate connectors to four developer berths offshore Hayle,…

24 May 2016

Brasse Exploration Well Commences Drilling in the Norwegian North Sea

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 commencement of the Faroe-operated Brasse exploration well 31/7-1 in the Norwegian North Sea (Faroe 50%).The Brasse prospect is located immediately south of the…

24 May 2016

Consent for Exploration Drilling for Engie E&P Norge

Engie E&P Norge (Engie) is the operator for production licence 636 in the North Sea. The exploration well will be the first to be drilled in this production licence. It is to be drilled in a prospect named Cara, with the designation 36/7-4. It is located in the northern North…

24 May 2016

JDR’s Flying Leads for Vashishta & S1 Project Off India

UK-based JDR has been awarded a contract by GE Oil & Gas, on behalf of ONGC, for the Vashishta & S1 project offshore India.The Vashishta & S1 fields are located in the KG Basin, 30 to 35 kilometers off the east coast of India, at a water depth of 250…

24 May 2016

Canyon Offshore and Olympic Shipping in Subsea Services Alliance

Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel Olympic Athene and Canyon’s ROV systems.Under the agreement the companies will work together to secure utilization for the vessel and ROV systems and services with third party…

24 May 2016

Caley Dive Bell Handling System for JFD

Caley Ocean Systems, part of the Seanamic Group, is supplying a portable saturation dive bell handling system to submarine rescue and specialist subsea operations company, JFD.Caley has designed the dive bell handling system for over-the-side and moon pool deployment of the bell.According to the company, at just 3 meters in…

24 May 2016

FPSO Cidade de Saquarema Sails Away after Module Integration at Rio Yard

FPSO Cidade de Saquarema has departed the BRASA shipyard quayside and is heading offshore Brazil, following a record turnaround time for its module integration. Taking just over four months (from first lift to quayside departure), the experience gained on standardization and repeatability of the proven formula on twin vessel Cidade…

24 May 2016

Wood Group Awarded Statoil Master Services Agreement

Wood Group has been awarded an evergreen master services agreement (MSA) by Statoil to support the life cycles of its offshore and onshore facilities. Work and services covered by the MSA include engineering studies, detailed engineering, procurement services and management assistance services.“This MSA reflects Wood Group’s strong relationship with Statoil,”…

23 May 2016

Statoil Starts Drilling North Sea Wildcat

Norwegian oil company Statoil has started drilling a wildcat well in the North Sea, offshore Norway. According to the Norwegian Petroleum Directorate (NPD), a government agency whose task is to manage the oil and gas resources on the Norwegian Continental Shelf, the company spudded the wildcat well 30/11-13, located in…

23 May 2016

Double Subsea Appointment for CENSIS Innovation Centre

CENSIS, the Scottish Innovation Centre for Sensor and Imaging Systems, has ramped up its technical offering for the subsea, offshore and marine sectors with the appointment of two industry experts.Dr Graham Kerr has joined CENSIS as its Technical Director, while Leo Meng has been recruited as an Embedded Systems Engineer.With…

23 May 2016

Aquabotix Presents ‘Endura’ Mini Inspection ROV

Aquabotix, a marine technology company, has launched its new mini inspection class remotely operated vehicle (ROV) the Endura.The Endura has been engineered for dependability and functionality across a wide range of underwater applications.According to Aquabotix, it surpasses other mini ROVs in thrust, dependability and software performance. Intuitive software and robust…

23 May 2016

EBRD Provides Financing for Greece’s Sole Oil Producer Energean

The European Bank for Reconstruction and Development (EBRD) and Energean Oil & Gas (‘Energean”), the only oil & gas producer in Greece, signed today a US$ 75 million Reserve Based financing to support the company’s ongoing $200 million investment plan to develop the Prinos, & Epsilon oil fields offshore Northern…

23 May 2016

Israel's Government Approves Leviathan Natural Gas Deal

Israel has approved a deal it hopes will fast-track development of the huge Leviathan offshore natural gas field and end years of regulatory uncertainty that has stifled the country's nascent oil and gas industry.The Leviathan project hit a major obstacle in March when Israel's Supreme Court blocked a previous agreement…

23 May 2016

Siemens to Supply Wind Turbines and Grid Connection for Beatrice Offshore Project

Siemens has received a further order for an offshore wind power plant from Scotland. The company is to supply, install and commission 84 wind turbines, each with a 154-meter rotor diameter designed to generate 7 megawatts (MW) of power, for the "Beatrice" project. Furthermore the scope of supply comprises the…

23 May 2016

Beatrice Offshore Wind Farm: a Major EPCI Contract Award for Seaway Heavy Lifting

Subsea 7 S.A. today announced the award of an EPCI contract by Beatrice Offshore Windfarm Limited (BOWL).The contract value is in excess of US $1.3billion. This contract will be jointly executed by Seaway Heavy Lifting and Subsea 7(1). The scope of work includes the engineering, procurement, construction and installation (EPCI)…

23 May 2016

Subsea 7 Awarded Wind Farm Contract Offshore UK

Luxembourg – 23 May 2016 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2), for the engineering, procurement, construction and installation (EPCI)…

23 May 2016

Ivar Aasen ready for the journey home

The platform deck for the Ivar Aasen field was completed at the yard in Singapore on Sunday and will sail away to Norway shortly. The platform deck was delivered on budget and on time, which entails that the field development is on track for start-up of production on 1 December.“The…

20 May 2016

Klein Marine Systems Signs A2 Marine Solution as International Representative

Klein Marine Systems, Inc. (“Klein”), a wholly owned subsidiary of Mitcham Industries, Inc. (“Mitcham” or “the Company”) (NASDAQ: MIND) is pleased to announce the addition of A2 Marine Solution (A2 Marine) as an International Representative for Klein Marine Systems side scan and bathymetry sonar systems in Brazil.Located in Rio de…

20 May 2016

Subsea 7 Wins Offshore Contract Over USD 750 Million

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a major(1) EPCI contract for offshore execution in 2017 and 2018. No further details are disclosed at this time due to contractual obligations. A more detailed announcement will be made in the near future. Subsea 7 S.A.…

20 May 2016

OGUK Seeking Subsea Data Experts

Trade body Oil & Gas UK (OGUK) us seeking data experts to help the industry make sense of one of the world’s largest collections of subsurface oil information.The CDA – OGUK’s data specialist subsidiary – has launched its Unstructured Data Challenge calling for data and information analytics vendors to come…

20 May 2016

Oil Majors Talk to Pemex Over Gulf of Mexico Prospects

Oil majors are in talks with Mexico’s state-owned Pemex as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico.Pemex is talking to Exxon, Total and Chevron and may also start discussions with Oslo-based Statoil, according to company press officials.Pemex seeks Areas of Mutual…

20 May 2016

Oil Search and Total Sign Agreement Regarding Acquisition of InterOil Assets in Papua New Guinea

Oil Search Limited and Total SA are pleased to announce that they have entered into an exclusive Memorandum of Understanding (MoU). This follows Oil Search’s agreement to acquire InterOil Corporation (InterOil), announced earlier today.More - http://www.total.com/en/media/news/press-releases/oil-search-and-total-sign-agreement-regarding-acquisition-interoil-assets-papua-new-guinea

20 May 2016

Woodside Books Contingent Resource In Myanmar

Woodside has reported an increase in its best estimate contingent resource (2C) by 83 MMboe to 4,481 MMboe following the announcement of two gas discoveries offshore Myanmar in Q1 2016.Woodside announced the discovery of 32 m net gas pay (increased from an earlier 15 m net gas pay estimate) in…

20 May 2016

Oil Search and InterOil Announce Agreements Creating a Platform to Optimise Further LNG Development

Oil Search and InterOil are pleased to announce that Oil Search proposes to acquire 100% of InterOil (the InterOil Transaction). The InterOil Transaction, which combines two highly complementary companies and offers compelling financial and strategic upside potential for both InterOil and Oil Search shareholders, has been unanimously approved by both…

20 May 2016

AGR inks Frame Agreement with Det Norske

AGR announces signing a Frame Agreement with the Norwegian operator Det norske for delivering Consultancy Services.The four-year contract has extension options which could see it extend to eight years in total.The services will be delivered by AGR’s Consultancy business unit which has placed manpower to more than 180 clients in…

20 May 2016

Petrofac secures enhanced North Sea contract from Total E&P UK

Petrofac is set to build on its provision of reimbursable services for Total E&P UK following the award of an enhanced three-year contract extension on the Alwyn and Dunbar platforms in the Northern North Sea.The contract, worth in the region of US$100 million, comes with two one-year options and has…

20 May 2016

Fred. Olsen Windcarrier Wins first UK Installation Contract

Fred. Olsen Windcarrier has been awarded a transport and installation contract for installation of Siemens 7MW turbines at the Hornsea Project One Offshore Wind Farm, developed by DONG Energy Wind Power. Approximately half of the 174 turbines are expected to be installed under this contract.Hornsea Project One Offshore Wind Farm…

20 May 2016

Q5000 Commences Contract Operations

Helix Energy Solutions Group, Inc. (NYSE:HLX) announced today that the Q5000 commenced operations and is working on contracted rates after resolving the previously disclosed start-up issues related to certain subsea equipment.Although commercial discussions regarding this matter are not concluded and therefore there is still uncertainty surrounding the full financial impact…

19 May 2016

Subsea Vessel for Shah Deniz 2 Re-Floated at Baku Shipyard

The Shah Deniz consortium has confirmed that the subsea construction vessel Khankendi has been refloated in the Caspian Sea following transportation from Singapore to Azerbaijan. The vessel was refloated at Baku Shipyard. The vessel was designed and is being built specifically to install subsea infrastructure for the huge Shah Deniz…

19 May 2016

Aibel and Reach Subsea Team Up

Aibel AS and Reach Subsea have agreed to enter into a formal cooperation agreement for projects within subsea oil and gas, renewables, ship and rig repairs, and decommissioning of existing platforms/subsea structures and other offshore installations.Aibel AS and Reach Subsea operate within the same market segments, but have different client…

19 May 2016

C-Kore Systems Deploys Subsea Monitoring Tools for Shell

C-Kore Systems Ltd, a UK based company, recently deployed their C-Kore subsea monitoring tools for Shell E&P.The C-Kore units analyzed the electrical properties of umbilicals, jumpers, distribution manifold and control modules in the field to locate items requiring maintenance. Using the C-Kore monitoring units allowed accurate data on the insulation…

19 May 2016

Aecon to Build BRTP’s Tidal Power Device

Nova Scotia renewable energy company, Black Rock Tidal Power (BRTP), has awarded a contract to fabricate its Triton S40 tidal power platform to Aecon.The instream tidal device will be installed in the Bay of Fundy in 2017.BRTP’s tidal-current energy technology uses 40 SIT 250 turbines mounted on the Triton, summing…

19 May 2016

New DP2 Vessel Ocean Spirit

Strategic partnering allows provision of geochemical, geophysical and geotechnical surveys across various regions including Americas, Caribbean, Africa, Asia Pacific, Arctic and Europe. MG3 has an established project track record for Oil & Gas Majors for geochemical exploration, high resolution geophysics and geotechnics with an emphasis on technical innovation including Arctic…

19 May 2016

Enquest PLC, 19 May 2016 Operational Update

HighlightsProduction averaged 42,752 Boepd for the four months to the end of April 2016, up 39% on 2015; average production in April was 45,933 Boepd, benefitting from improving well performance at Alma/Galia. 2016 production from the rest of EnQuest's North Sea fields was up 19% year on year, with Malaysia…

19 May 2016

Senegal Appraisal Well result

Cairn is pleased to announce the results of the SNE-4 appraisal well offshore Senegal where operations have been safely and successfully completed following drilling, coring and logging. The well is now being plugged and abandoned.The SNE-4 well was appraising the eastern extent of the SNE field discovered in 2014 and…

19 May 2016

Uncertainty on the UK Continental Shelf

Three in four North Sea oil & gas contractors are less confident about their prospects than they were a year ago, according to a new industry report released today. Seventy-five per cent of contractors surveyed said they were less confident in their prospects on the UK Continental Shelf (“UKCS”) compared…

18 May 2016

Using Subsea Technology to Drive Down Costs

Demonstration of Wireless Subsea Asset Integrity Monitoring and Subsea AutomationWFS Technologies, Focus Subsea and Aquip Systems will demonstrate the Seatooth wirelessly enabled products at iTech’s test tank facilities in Wangara, Western Australia, on May 18 and 19, 2016. These control and monitoring systems can increase subsea production and strengthen field…