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18 May 2016
Industry Players Aim to Set Standards for Offshore Engineering
McDermott has joined with 14 other offshore companies in signing a memorandum of understanding (MOU) to establish engineering industry standards.Known as the Standardization Unified Joint Industry Project (JIP), the one-year agreement sets out the terms and conditions upon which the signing parties shall establish industry standards for offshore engineering.The objective…
18 May 2016
Surveys for Subsea Section of Nord Stream 2 Completed
Gazprom informed that, as of today, geophysical surveys have been completed for the subsea section of Nord Stream 2 and geotechnical investigations are underway.Reportedly, detailed surveying is planned to be conducted along the pipeline route in the near future.The design of the subsea section and the pipeline landfall in Russia…
18 May 2016
Tullow Oil granted drilling permit for well 16/5-6 in PL 776
The Norwegian Petroleum Directorate has granted Tullow Oil Norge AS a drilling permit for wellbore 16/5-6.Wellbore 16/5-6 will be drilled from the Borgland Dolphin drilling facility at position 58°32’40.45’’ N and 02°31’45.5” E.The drilling programme for wellbore 16/5-6 relates to the drilling of a wildcat well in production licence 776.…
18 May 2016
North Sea Decommissioning worth $100billion, Double Original Estimates, says Top Boss
Scotland has the opportunity to be at the heart of a $100billion decommissioning industry, more than double the value previously estimated, according to the chairman of the industry body Decom North Sea.Callum Falconer, who is also Marathon Oil Decommissioning Services’commercial manager, said the current estimates fell short of the sector’s…
18 May 2016
Amec Foster Wheeler Wins Kenyan Oil Terminal Deal
Amec Foster Wheeler has been awarded a project management consultancy contract by consultancy company NIRAS to support the next stages in the development of a Kenya Ports Authority project for the offshore relocation and expansion of the Kipevu Oil Terminal (KOT) in Mombasa, Kenya.KOT will be relocated to a site…
18 May 2016
KOGAS, PDPDE Sign MOU to Build Gas Pipelines in Indonesia for $600M
State-owned Korea Gas Corporation (KOGAS), the world's largest liquefied natural gas (LNG) importer with diversified business including overseas gas infrastructure construction, signed a memorandum of understanding (MOU) Monday in Seoul, South Korea with Indonesia’s PT Perusahaan Daerah Pertambangan dan Energi (PDPDE) South Sumatra to build two gas pipelines for $600…
18 May 2016
Trans Adriatic Pipeline Holds Ceremony to Mark Start of Construction
Thessaloniki, Greece. Under the auspices of Alexis Tsipras, Prime Minister of the Hellenic Republic, the Trans Adriatic Pipeline (TAP) marked the start of construction of the pipeline project. The significance of TAP as a strategic piece of the Southern Gas Corridor infrastructure, which will bring initial volumes of gas from…
18 May 2016
Decommissioning Tool recovers Caisson within a Caisson within a Caisson
Global-leading energy services company Proserv, has leased First Subsea Ltd’s Ballgrab gripping technology for a decommissioning project in Norwegian waters for the recovery of a caisson. In this case the application required the tool to descend down within a foundation caisson of 30” to 20” to 13-3/8” to access the…
18 May 2016
Beatrice Offshore Wind Farm to Reach Financial Close by End of May
Scottish energy company SSE plc expects to reach the financial close for the 588MW Beatrice offshore wind farm by the end of May.Beatrice, planned for the outer Moray Firth, will be project financed with non-recourse debt, SSE said.Subject to financial close, onshore construction activities will begin in 2016 with offshore…
18 May 2016
DONG Energy Hires Clinton for Hornsea 3 Geophysical Survey
DONG Energy has awarded Clinton, a Swedish marine survey company, a contract for a geophysical survey at the Hornsea Project Three site, so a more accurate geophysical baseline for the project area can be established.Clinton Marine Survey’s CEO, Martin Wikmar said: “This is the right step in our long term…
17 May 2016
ERCE: Sea Lion Complex Could Hold 1.7B Barrels of Oil
The Sea Lion Complex in License PL032 in the Northern Falkland Basin has been independently estimated by ERC Equipoise (ERCE) Limited to hold 1.7 billion barrels of oil in place with 2C Contingent resources of 517 million barrels of oil and 747 million barrels of oil equivalent of natural gas.…
17 May 2016
Petronas' First Floating LNG Facility, PFLNG SATU Sets Sail To Malaysia
Petronas’ first floating liquefied natural gas (LNG) facility, PFLNG SATU has set sail to the Kanowit gas field, offshore Sarawak, making its historic 2,120 nautical mile journey to Malaysia on 14 May 2016.At 365-metre-long and with a dry weight of 132,000 tonnes, PFLNG SATU was towed from the Daewoo Shipbuilding…
17 May 2016
Aramco Awards Hasbah Gas Expansion Contract to L&T and Emas AMC - Sources
State oil giant Saudi Aramco has awarded a $1 billion-plus contract to India's Larsen & Toubro (L&T) and Singapore-based Emas AMC for the expansion of the offshore Hasbah sour gas field, industry sources said.Increasing its supply of gas is a top priority for Saudi Arabia. Many industrial firms have complained…
17 May 2016
Shell: Repairs to Begin at Glider Field
Shell has been given green light by the U.S. Bureau of Safety and Environmental Enforcement (BSEE) to start repairs at Glider field, following the release of oil from its subsea infrastructure last week.Glider field is located in Green Canyon Block 248 in the Gulf of Mexico. The incident was reported…
17 May 2016
Polar Marquis Begins Black Sea Shoot
A 3D seismic vessel Polar Marquis has kicked off a survey in the Black Sea, Dolphin Geophysical informed through its social media on Monday .The 119 meters long vessel, capable of deploying 16 streamers, is owned and managed by a Norwegian company GC Rieber. In addition to Polar Marquis, Dolphin…
17 May 2016
N-Sea & DOF Subsea Team Up on SAT Diving Services
N-Sea and DOF Subsea have entered into a two-year cooperation agreement to provide an integrated saturation (SAT) dive service.Through the agreement DOF Subsea will provide the dive support vessel Skandi Achiever, whilst N-Sea will provide saturation diving resources. Project management, engineering and diving manual/procedures will be provided through an integrated…
17 May 2016
Tracerco Expands Houston Base
Tracerco has completed a $5-million upgrade of its facilities in Houston.The new facilities include an environmentally controlled subsea simulation tank used to prepare subsea diagnostic technologies prior to mobilisation offshore.In addition, the company has expanded and upgraded their reservoir tracer laboratory in order to process greater sample numbers that provide…
17 May 2016
TOTAL Inaugurates Laggan-Tormore Project
Total has held official inauguration ceremony of the Laggan-Tormore fields on Monday in UK.The inauguration was held at the Shetland Gas Plant in the presence of government and industry partners including Amber Rudd MP, the UK Government secretary of state for energy and climate change and Patrick Pouyanné, chairman and…
17 May 2016
Big Max Starts Laying Block Island Subsea Export Cable
The CLB Big Max has started laying the subsea cable which will export power generated by the first US offshore wind farm, the 30MW Block Island developed by Deepwater Wind, to Block Island.The Big Max started laying the eight-mile-long cable from Town Beach on Block Island to the wind farm…
17 May 2016
Hamburg to Host 2nd European Dredging Summit
Active Communications International (ACI) has announced that the 2nd European Dredging Summit will be taking place in Hamburg, Germany on the 14th & 15th September, 2016.Key industry players will give in-depth presentations and get involved in the panel discussions with senior level audience covering the most important topics in the…
16 May 2016
Forum Energy Technologies Delivers Nine of its Largest Subsea PLR Systems to North Africa
Forum Energy Technologies Inc. has successfully delivered a number of its largest subsea Pig Launchers and Receivers (PLRs) and laydown heads to a project in North Africa.The nine PLRs have been deployed as part of a development of nine subsea wells, which vary from four to 24 inches in size,…
16 May 2016
Greece to Evaluate Deep-Sea Oil and Gas Exploration Bids Within Weeks
ATHENS May 13 (Reuters) - Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday, as the country seeks to tap into its limited oil reserves.Plunging crude oil prices have…
16 May 2016
Announcement For International 2016 Bid Round For Petroleum Exploration and Exploitation
Egyptian General Petroleum Corporation (EGPC) has the pleasure to invite Petroleum Exploration companies for the International 2016 Bid Round to explore / exploit for Oil and Gas in Egypt under the Production Sharing Model Agreement.The International 2016 Bid Round includes eleven (11) exploration blocks in Gulf of Suez and Western…
16 May 2016
BP Doubles its Interest in North Sea Culzean Field Development
BP announced today it has doubled its interest in the Culzean development in the UK Central North Sea, following its acquisition of an additional 16% interest from JX Nippon.The acquisition increases BP’s interest in the development from 16% to 32%.“We are pleased to have deepened our interest in Culzean and…
16 May 2016
Hili Company and Peterson Create Joint Venture To Support Growing Demand In The Mediterranean
Hili Company, the logistics division of Hili Ventures, has entered into a joint venture agreement with leading international energy logistics company Peterson to provide oil and gas logistics services across the Mediterranean and North Africa.Due to growing customer demand from the region, Peterson (Malta) Ltd will provide supply base services,…
16 May 2016
Ithica Energy Q1 2016 Financial Results
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) (“Ithaca” or the “Company”) announces its results for the three months ended 31 March 2016 (“Q1-2016” or the “Quarter”).Resilient cashflow generation during the QuarterAverage production of ~9,000 boepd – in line with guidance$44 million cashflow from operations, driven by reduced operating costs…
16 May 2016
Last FPSO Topsides Lift a Key Step for Ichthys LNG Project
Signifying a major step forward in the progress of the INPEX-led Ichthys LNG Project, the last topsides lift on the Floating Production, Storage and Offloading (FPSO) facility was safely completed yesterday.The lift—which occurred in the Daewoo Shipbuilding and Marine Engineering yard in Okpo, South Korea—marks an important milestone in the…
16 May 2016
Pharos Offshore Strikes a 12 month deal for the Deepsea Worker
Pharos Offshore Group are in the process of mobilising the newly named DP2 Deepsea Worker with a Work Class ROV, an Observation Class ROV and a subsea excavation spread, ready for 2016/2017 operations.Aleron Subsea will be Pharos Offshore’s ROV partner during the period, providing a comprehensive vehicle support package, whilst…
13 May 2016
Island Offshore Group has Sold M/V Island Patriot
Island Offshore Group has sold M/V Island Patriot to an undisclosed buyer, and the delivery of the vessel takes place today.The sale has been done on satisfactory terms to both parties, and Island Offshore Management AS will still operate the vessel.The Island Patriot is an Offshore Service vessel delivered from…
13 May 2016
Wintershall Awards Service Contract for Maria Project to Halliburton
Wintershall Norge AS has awarded a four-year service contract to support its exploration and development projects in Norway to Halliburton Norge AS.The contract is effective immediately and will be used for drilling-associated services on Wintershall’s Maria development in the Norwegian Sea. The agreement, which contains incentives for efficient well deliveries,…
13 May 2016
Greater Security for North Sea Oil and Gas as Energy Bill becomes Law
The Government is powering ahead with our plans to help guarantee secure, affordable and clean energy for the nation, as the Energy Bill comes into law.The Energy Act is designed to help drive forward the government’s energy goals and commitments. This includes new powers for the Oil and Gas Authority…
13 May 2016
Ezra Holdings Announces Contract Wins for EMAS Offshore and EMAS Energy
Ezra Holdings Limited (“Ezra” or the “Group”), a leading contractor and provider of integrated offshore solutions to the oil and gas (“O&G”) industry, announced today that the Group’s subsidiaries, EMAS Offshore Limited (“EMAS Offshore”) and EMAS Energy, have secured new contract awards and letters of intent amounting to approximately US$40…
13 May 2016
Scotrenewables Tidal Power Launch World’s Largest Tidal Turbine
Orkney based Scotrenewables Tidal Power has launched its 2MW SR2000, the world’s largest energy generating tidal turbine. The company, which is at the forefront of the floating tidal technology sector, launched the 550 tonne machine at Harland & Wolff Heavy Industries Ltd in Belfast on Thursday May 12th. This is…
13 May 2016
Sail Away of Latest Made in Lowestoft Offshore Structure
The latest successful Made in Lowestoft project by Sembmarine SLP, the jacket for the Dudgeon Offshore Wind Farm offshore substation, yesterday (Wednesday May 11) sailed away from its yard.The 1500-tonne structure that has dominated Lowestoft’s port skyline for months was maneuvered out of the harbour on a barge by three…
12 May 2016
New Montrose Platform Successfully Installed
The Montrose Area Redevelopment (MAR) in the UK North Sea has reached a major milestone with the successful installation of the new Montrose Bridge Linked Platform.The 10,500 tonnes topsides was placed on the jacket by the SSCV Thialf crane vessel, marking the next phase of a project that will unlock…
12 May 2016
Well GY-50 and First Quarter 2016 Production
LGO is pleased to announce that production has now started from a new interval in well GY-50 at the Goudron Field in Trinidad. A total of 197 feet of perforations were added to the Goudron Sandstone, also known as the Mayaro Sandstone, at a depth between 1,134 and 1,616 feet,…
12 May 2016
Ichthys LNG Project Mooring System Pre-lay Completed
The INPEX-operated Ichthys LNG Project reached a significant milestone with completion of the offshore pre-lay of the 77 kilometre chain and cable mooring system in the Browse Basin, located off the northern coast of Western Australia.As part of the mooring system, 49 chains were laid on the seabed in water…
12 May 2016
Eni's Production Reaches 65,000 boed with Nooros Field Just 10 Months After Discovery
Eni, following the start of production of the Nidoco North 1X exploration well and the Nidoco North West 4 development well, brought the production of Nooros field, to around 65,000 barrels of oil equivalent per day. This new milestone is achieved in just 10 months of discovery.San Donato Milanese (Mi),…
12 May 2016
Eureka Awarded Frame Agreement with Det Norske Oljeselskap
Eureka Pumps AS has been awarded a service contract for pumps from Det norske oljeselskap ASA.The Frame Agreement is related to scope of work on the new built offshore production facility named Ivar Aasen and the operating FPSO named Alvheim.Eureka shall provide support to Det norske’s offshore and onshore organization…
12 May 2016
Eureka Awarded Frame Agreement with Det Norske Oljeselskap
Eureka Pumps AS has been awarded a service contract for pumps from Det norske oljeselskap ASA.The Frame Agreement is related to scope of work on the new built offshore production facility named Ivar Aasen and the operating FPSO named Alvheim.Eureka shall provide support to Det norske’s offshore and onshore organization…
11 May 2016
Technip Awarded Multi-disciplinary Engineering Services Contract by Woodside
Technip has been awarded an engineering services contract by Woodside to provide multi-disciplinary engineering services as part of an engineering panel. This contract covers all Woodside operated onshore, offshore and subsea producing assets.Under the agreement, Technip and Genesis may provide a comprehensive suite of engineering services including:concept select and feasibility…
11 May 2016
Petronas Launches Hull for its Second Floating LNG Facility, PFLNG2
Petronas marked another construction milestone for its second floating liquefied natural gas (LNG) facility, the Petronas Floating LNG2 (PFLNG2) with the official launch of the hull at Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea on 30 April 2016.The 393-metre-long hull was floated out from the Green Dock…
11 May 2016
Glomar Offshore and GEOxyz Establish Strategic Partnership
Glomar Offshore based in Den Helder, The Netherlands and GEOxyz situated in Zwevegem, Belgium have recently signed a strategic partnership agreement. Geoxyz is an independent company specializing in hydrographic, geophysical & geotechnical and topographical surveys, site investigations, offshore renewable energy support and crew transfers. This exciting new venture will allow…
11 May 2016
A&P Group Welcomes MPI Discovery to the Tyne
A&P Group’s Tyne yard welcomed one of the world’s most advanced wind turbine installation vessels into its dry dock on Friday 6th May.The MPI Discovery is the second vessel owned by Teeside-based MPI Offshore to dock at A&P Group’s Hebburn yard in recent months, cementing A&P’s work in the renewables…
11 May 2016
Shell Gives Up on All but One Chukchi Sea Lease
Royal Dutch Shell has decided to give up all but one of its federal offshore leases in the Chukchi Sea, bringing what appears to be an anticlimactic end to its multibillion-dollar effort to turn those icy Arctic waters off northwestern Alaska into a new oil-producing frontier.“After extensive consideration and evaluation,…
10 May 2016
Upstream PS enters into Operations and Maintenance Services Agreement for the Laminaria-Corallina Oil Field
Upstream Production Solutions (Upstream PS) is pleased to announced it has entered into an operations and maintenance services agreement with Northern Oil and Gas Australia (NOGA) to operate and maintain the Northern Endeavour floating production storage and offloading facility (FPSO) and associated infrastructure.Since 1999, the FPSO has been the production…
10 May 2016
Continuation of FLNG Feasibility Study with US Oil Major
Reference is made to the paid FLNG feasibility study announced in Q3 2015 for the use of Sevan Marine’s cylindrical hull for a specific FLNG development. Sevan Marine is pleased to announce that it has agreed a continuation of this work. Sevan Marine has been awarded a follow up study…
10 May 2016
Statoil Chooses Kongsberg EmPower for Hywind Demo
Statoil has been awarded a grant from ENOVA to test the condition monitoring capabilities of the Kongsberg EmPower system for the floating wind turbine Hywind Demo. Statoil will monitor the condition of the turbine using the EmPower system, and evaluate its functionality to discover early signs of fault, and calculate…
10 May 2016
PA Resources Executes Sale and Purchase Agreement with ETAP
PA Resources AB (“the Company”) is pleased to announce that its wholly owned subsidiaries, PA Resources Tunisia Limited, Hydrocarbures Tunisie Didon Limited, Hydrocarbures Didon Jersey Limited and Hydrocarbures Tunisie Corporation, have executed a sale and purchase agreement with ETAP, The Tunisian national oil company, to sell their entire licence interests…
10 May 2016
Kosmos Energy Announces Significant Gas Discovery Offshore Senegal
Kosmos Energy (NYSE: KOS) announced today that its Teranga-1 exploration well offshore Senegal has made a significant gas discovery.Located in the Cayar Offshore Profond block approximately 65 kilometers northwest ofDakar in nearly 1,800 meters of water, the Teranga-1 well was drilled to a total depth of 4,485 meters. The well…