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26 April 2016
E.ON Awards Contract Arkona Offshore Wind Project to Van Oord
Energy supplier E.ON has awarded the contract for the transport and installation of foundations at the Arkona offshore wind project in the German Baltic Sea to Van Oord. Van Oord will install the project’s 60 monopiles and transition piece foundations.For installing foundations at the Arkona offshore wind project, Van Oord…
26 April 2016
E.ON Confirms Order to STX France-Offshore Energy
STX France SA has been awarded an order to design, build and install one of the largest HVAC offshore substation (385 MW) ever built due for delivery in 2018. The substation will be installed in the Baltic sea in Germany, where is located the offshore wind farm of Arkona.A full…
26 April 2016
Statoil Enters German Offshore Wind Market through EUR 1.2 billion Project with E.ON
Statoil today enters the German offshore wind market, through a 50% acquisition of the Arkona offshore wind farm. Statoil and E.ON also announce the final investment decision on the 385 megawatt project.The estimated total investment for the project will be in excess of EUR 1.2 billion.The Arkona wind farm will…
25 April 2016
15% Increase in Kupe Developed Reserves
New Zealand Oil & Gas has announced a further upgrade in developed reserves in the Kupe gas and light oil field off Taranaki, New Zealand, following analysis by the joint venture.The upgrade from 5.22 million barrels of oil equivalent to 6.02 million barrels is further to a 34.7 per cent…
25 April 2016
Panyu 11-5 Oilfield Commences Production
CNOOC Limited today announced that the Panyu 11-5 oilfield has commenced production.The Panyu 11-5 oilfield is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 110 meters. In addition to fully utilizing the existing facilities of Panyu 5-1 oilfield, the…
25 April 2016
FPSO BW Pioneer Contract Extension and Mooring System Repair
Petrobras America Inc. has exercised the option to extend the fixed term of the lease contract for FPSO BW Pioneer from Q1 2017 to Q1 2020.BW Offshore will in Q2 2016 replace parts of the subsea mooring system for FPSO BW Pioneer. The cost for the replacement will be partly…
25 April 2016
Interocean Marine Services Awarded Five Year Contract by Maersk Oil North Sea UK Limited
Leading Marine Project Solutions provider, Interocean Marine Services have been awarded a 5 year contract by international Oil and Gas Company, Maersk Oil North Sea UK Limited.The Contract, for the Provision of Rig Move and Marine Technical Support Services, will be managed by Interocean’s Head Office in Aberdeen, and will…
22 April 2016
IHC IQIP Delivers New 1,400t Upending Tool to Seaway Heavy Lifting
Seaway Heavy Lifting (SHL) has selected IHC IQIP to provide piling and handling equipment for its operations at the Dudgeon Offshore Wind Farm project in the UK. SHL’s main responsibilities cover the storage, transportation and installation of 67 monopiles, transition pieces, and an offshore substation (OSS) consisting of a jacket…
22 April 2016
Quadrant Hits Gas Off WA
Australian company Quadrant Energy has made a discovery with the first well in its Outer Barrow drilling programme off the coast of Western Australia.more
22 April 2016
Norway's Arctic a Bright Prospect in Crisis-Hit Oil Sector
While the oil industry continues to cut jobs, projects and costs amid low crude prices, one region is making a surprise comeback after years of declining activity, company executives and officials say: the Norwegian Arctic. The search for oil and gas in mature offshore areas in the North Sea is…
22 April 2016
Salzgitter Group Awarded Another Large-diameter Pipe Contract for the Trans Adriatic Pipeline
The Salzgitter Group is to deliver more than 71,000 t of large-diameter pipes measuring 36 Inch in diameter for the 110 km long offshore leg of the Trans Adriatic Pipeline (TAP). The pipeline is to transport natural gas from the Caspian region to Europe in the future. The project scope…
22 April 2016
VOS Sugar Christened in IJmuiden
Vroon are delighted to announce that our SSV VOS Sugar has been christened in a ceremony held earlier today, Thursday 21 April, in IJmuiden. The vessel was named by Mrs Monita Horn, Operations and Chartering Administrator at Vroon Offshore Services Den Helder.more
22 April 2016
DeepOcean Awarded EPRD Contract on Varg Field by Repsol
DeepOcean AS, a subsidiary of DeepOcean Group Holding BV (DeepOcean), today announces that the company has been awarded a contract for provision of Engineering, Procurement, Removal and Disposal (EPRD) of Varg Subsea facilities by Repsol Norge AS.The scope of work cover subsea pre-decom surveys, recovery of FPSO mooring lines, anchor…
21 April 2016
Voestalpine Awarded Major Contract for Nord Stream 2 Pipeline Project
voestalpine has secured a major new contract in the ongoing economically challenging oil and gas industry for the Nord Stream 2 pipeline project between Europe and Russia. After having supplied 170,000 tonnes highest-quality linepipe plates for the first part of the offshore gas pipeline in the Baltic Sea between 2008…
21 April 2016
Solutions Wins Contract to Engineer and Supply 4000T and 1100T Turntables for Cable Handling
Oceanteam Solutions has been awarded a contract to supply 4000T and 1100T turntables and auxiliary equipment for the storage, splicing and multiple loadouts of cables to a client at Oceanteam’s own base in Velsen Noord, The Netherlands.Oceanteam Solutions is supplying engineering services, a professional cable handling crew and equipment for…
21 April 2016
Statoil Says to Cut Cost of Castberg Field by Another NOK 4B
Norwegian oil major Statoil plans to cut the estimated cost of developing its Arctic Johan Castberg oilfield by another 4 billion Norwegian crowns ($491.53 million), project director Erik Strand Tellefsen told an energy conference on Wednesday. In January Statoil announced it had cut the cost of developing Castberg to between…
21 April 2016
Saipem Awarded €430m of E&C Contracts
Saipem has been awarded new E&C contracts cumulatively valued at approximately €430 million.This includes, among the various initiatives:- a contract with Statoil, for the lift and mating operations of offshore floating wind turbines for the Hywind Scotland project;- additional works related to the installation of multi-phase pipelines in the Caspian…
21 April 2016
Oil and Gas Discovery SM-71 #1 (GoM)
Otto Energy Ltd (ASX: OEL) (“Otto” or the “Company”) is pleased to announce that it has been advised by Operator, Byron Energy Inc., a subsidiary of Byron Energy Limited (ASX:BYE) (“Byron”), that the SM- 71 #1 well located at the South Marsh Island Block 71 has completed drilling to the…
20 April 2016
Glen Lyon to Aibel Haugesund
Aibel has been awarded a contract for yardstay and assistance with the final preparations of the Glen Lyon FPSO. The vessel arrives in Haugesund today.With a length of 270 metres and a width of 52 metres, Glen Lyon will become the largest FPSO (Floating Production Storage Offloading) ever to dock…
20 April 2016
DOF Subsea Contract Awards
DOF Subsea, a subsidiary of DOF ASA, has been awarded several IMR and subsea installation contracts the past months, with a total contract value in excess of NOK 500 million. The contracts will secure utilization of the subsea project fleet in the regions.In the Asia Pacific region DOF Subsea has…
20 April 2016
Aker Solutions Wins Engineering Framework Agreement From Lundin Norway
The agreement covers early-phase studies, pre-engineering (FEED) work, verifications and follow-on engineering for Lundin Norway. It encompasses engineering work from Aker Solutions' three business areas - Engineering, Subsea and Maintenance, Modifications and Operations - as well as the company's integrated study house, Front End Spectrum. The contract has a fixed…
20 April 2016
The Provision of Breathing Gas to Divers in Emergency Situations
The report examined the diving industry guidance provided to divers and supervisors in the amount and method of determining how much emergency gas a diver can require. A literature search was carried out into the human gas consumption rate as measured in scientific studies of workers, divers and athletes. Data…
20 April 2016
ExxonMobil Starts Production at Julia Oil Field in the Gulf of Mexico
Oil production has started under budget and ahead of schedule at the Julia oil field in the Gulf of Mexico, Exxon Mobil Corporation said today. The first production well is now online and a second well will start production in the coming weeks.The Julia development is located approximately 265 miles…
20 April 2016
Statoil Launches New Subsea Concept
At the Barents Sea Conference in Hammerfest today, Statoil presented a new subsea concept that is designed to reduce cost and increase efficiency. The concept is called Cap-X.Statoil has set tough targets to reduce costs in our project portfolio. During the last decade subsea costs have increased significantly and the…
19 April 2016
io oil & gas consulting Delivers to BP
io oil & gas consulting, an independent venture backed by GE Oil & Gas and McDermott, has enhanced its portfolio of work with two successive studies on a project for BP.io initially completed a feasibility study for BP that contributed greatly to improvements in the concept for a project that…
19 April 2016
Goliat Field Officially Opened
Goliat is the first oil field to come on stream in the Barents Sea. The field applies several ground breaking technologies, which will also benefit the industry in future developments. The Goliat project development execution has contributed to substantial ripple effects, positively impacting the supplier industry in all of Norway,…
19 April 2016
Agency Agreement Established between Bergen Group and Calm Oceans Pte. Ltd.
Bergen Group and Calm Oceans Pte. Ltd (COPL) have entered into an agency agreement about marketing of COPL's newly developed Mono-Column Platform (MCP) in the Norwegian market.This offshore mobile platform is a self-elevating, multipurpose and high payload jack-up, specially designed to address the commercial challenges relating to marginal field technical…
19 April 2016
OGA Issues New Tenders for New Seismic Surveys and Other Subsurface Work
The OGA has released the Invitation To Tender (ITT) for the 2016-2017 UK Government funded seismic acquisition and processing programme.The OGA has released the Invitation To Tender (ITT) for the 2016-2017 UK Government funded seismic acquisition and processing programme. The successful recipient(s) of the contract will be required to survey…
19 April 2016
Acquisition of Blythe Discovery
Independent Oil and Gas plc ("IOG" or the "Company") (AIM: IOG.L), the development and production focused oil and gas company, is pleased to announce that its wholly owned subsidiary, IOG North Sea Limited, has signed a Sale and Purchase Agreement (“SPA”) to acquire from Alpha Petroleum Resources Limited (“Alpha”) the…
19 April 2016
Positive Production Test of Gavea Appraisal Well in Brazil
Statoil together with operator Repsol Sinopec and partner Petrobras has completed the Gavea A1 well in the ultra-deep pre-salt block BM-C-33 in the Campos basin in Brazil.The well encountered a hydrocarbon column of 175 metres in a good-quality reservoir of silicified carbonates of the Macabu formation.The well reached a total…
19 April 2016
Collaboration on Swimming Robots for Subsea Maintenance
NTNU spin-off company Eelume collaborates with Kongsberg Maritime and Statoil to develop swimming robots for subsea inspection and light intervention.Kongsberg Maritime and Statoil have signed an agreement with Eelume, a NTNU spin-off company, to accelerate new technology that will significantly reduce costs related to subsea inspection, maintenance and repair operations.…
18 April 2016
Cox Oil Offshore, L.L.C. and Chevron Successfully Complete Transaction in Gulf of Mexico
Cox Oil Offshore, L.L.C. (Cox Oil), an established, privately owned, independent oil and gas company today announced they have successfully completed a transaction in which Cox Oil acquired a number of assets in the Gulf of Mexico from Chevron. The acquisition includes 19 fields and associated assets located primarily on…
18 April 2016
Beach Energy Exit from BMG Joint Venture
Cooper Energy Limited advises that Beach Energy Limited (“Beach”) and Cooper Energy have accepted an offer from the National Offshore Petroleum Titles Administrator (“NOPTA”) to convert the Basker, Manta and Gummy gas field permits VIC/L 26, 27 and 28 (“BMG joint venture”) in the offshore Gippsland Basin into Retention Leases.Beach…
18 April 2016
Eni to Invest 20billion Euros in Africa in Next Four Years
Italy's Eni plans to invest about 20 billion euros ($22.5 billion) in Africa over the next fours, mostly in oil and gas, the company's Chief Executive Officer Claudio Descalzi said on Friday."That represents about 60 percent of our investments" (over that period) he said in a presentation at the International…
18 April 2016
Det Norske Acquires Licenses from Centrica
Det norske oljeselskap ASA has entered into an agreement with Centrica Resources Norge AS to acquire the company’s licenses in the Frigg Gamma Delta and Rind discoveries. As compensation will Det norske cover the expenses of the licenses with effective date of 1 January 2016.The portfolio consists of 30 percent…
15 April 2016
Bureau Veritas approves WindFloat Floating Offshore Wind Turbine foundation
Leading international classification society Bureau Veritas has issued Approval in Principle for the WindFloat Floating Offshore Wind Turbine (FOWT) foundation. WindFloat is designed by Principle Power and consists of a ballasted floating platform which supports a multi-megawatt wind turbine generator. Matthieu de Tugny, Senior Vice-President and Head of Offshore, Bureau…
15 April 2016
Keppel Singmarine to Deliver High-specification Derrick Lay Vessel to McDermott
Keppel Singmarine, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), will soon deliver a high-specification deepwater derrick lay vessel to Hydro Marine Services, a subsidiary of McDermott International (McDermott).The derrick lay vessel, which is built to Keppel's proprietary design, was named DLV 2000 during a ceremony held…
15 April 2016
Angola's State Oil Firm Says Finds Offshore Reserves
Angola's state oil company Sonangol said it has found oil and gas reserves in the Kwanza basin that could total 2.2 billion barrels of oil equivalent, including in a block it jointly owns with BP.Block 24, operated by BP, holds an estimated 280 million barrels of condensate and 8 trillion…
14 April 2016
DONG Picks Hughes SSE for Subsea Inspections in Denmark and Germany
DONG Energy has signed a contract with the UK-based Hughes Sub Sea Engineering for the undertaking of a subsea inspection campaign at offshore wind farms located in Denmark and Germany.The offshore wind farms Hughes SSE will be servicing are Gode Wind 1 and 2 and Borkum Riffgrund located off the…
14 April 2016
The Norwegian Petroleum Directorate’s Confidence in the Norwegian Shelf Remains High
The Norwegian Petroleum Directorate’s (NPD’s) updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come.The NPD’s Resource Report 2016 presents the Directorate’s new long-term projections for undiscovered resources on the shelf. The…
14 April 2016
MEES and ODE Develop Deep Water Offshore Wind Foundations
Marine Engineering Energy Solutions (MEES), supported by the DORIS Group and its international engineering and operations support services subsidiary ODE, have designed an offshore wind turbine foundation to boost near shore deep-water development.Taking technology, which has been successfully deployed in the offshore oil and gas industry, MEES and ODE have…
14 April 2016
Culzean Wellhead Jacket and Access Deck on their Way to Final Destination
Heerema Fabrication Group (HFG) has completed the project for the Culzean Wellhead jacket and Access Deck for client Maersk Oil. Today at Heerema Vlissingen (the Netherlands) the Wellhead jacket and two days ago at Heerema Hartlepool (the United Kingdom) the Wellhead Access Deck set sail to their final destination: the…
13 April 2016
Aegion Corporation and Materia, Inc. Partner to Commercialise a New Pipe Insulation Technology for the Shell Appomattox Project
Aegion Corporation (Nasdaq Global Select Market: AEGN) today announced it is on schedule to begin this fall pipe coating and the application of an innovative pipe insulation material for use on the Shell Appomattox project. The insulation material vendor for the project, Materia, Inc. ("Materia"), is also on schedule with…
13 April 2016
Greatship's Subsidiary Contracts to Sell a ROV Support Vessel (ROVSV)
Greatship Global Offshore Services Pte. Ltd., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited, has contracted to sell its 2013 built ROV Support Vessel (ROVSV) "Greatship Ragini". The vessel is expected to be delivered to the…
13 April 2016
EPCm Brownfields Services Contract for the Caspian Region
WorleyParsons has been awarded a five year contract for Engineering, Procurement and Construction Management (EPCm) services for BP-operated assets in Azerbaijan, Georgia and Turkey.Under the agreement, WorleyParsons will provide EPCm services primarily to BP-operated Sangachal Terminal and pipeline systems in Azerbaijan, Georgia and Turkey. The services will be provided by…
13 April 2016
Solan First Oil
Premier is pleased to announce that first oil from the Solan field was safely achieved on 12th April 2016.The first producer well (P1) is being naturally flowed at a deliberately restricted initial rate. It is planned that the well will remain free flowing for a short time after which the…
13 April 2016
Navig8 Group Announces Formation of Offshore Division and Acquisition of RKOffshore Management
Navig8 Group, the world's largest provider of maritime services, today announced that it has entered into agreements to acquire RKOffshore Management ("RKOM"), a fully-integrated provider of marine services to the offshore energy industry. Completion of the acquisitions is subject to a number of conditions precedent which are expected to be…
13 April 2016
ABS Awards AIP for HHI FLNG Hull
ABS, the leading provider of classification and technical services to the global offshore industry, has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design.Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1,050 ft (320 m), a…
12 April 2016
Marathon Oil to Divest $950 Million of Non-Core Assets
Marathon Oil Corporation (NYSE: MRO) announced today it has signed agreements for the sale of certain non-core assets for $950 million, bringing the total to approximately $1.3 billion since last year.In the largest transaction, the Company will divest all of its Wyoming upstream and midstream assets for $870 million, excluding…
12 April 2016
Minesto Orders Turbine Prototype from Schottel Hydro
Minesto has together with German tidal turbine manufacturer Schottel Hydro completed the turbine design of Minesto’s tidal power plant Deep Green. The Swedish marine energy company has now placed an order for a prototype of the turbine, with delivery in early 2017.The order of the so-called Power Take Off system…