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27 November 2015

Global Marine Wins Contract for NEPTUNE Deep Sea Research Observatory

Global Marine Systems Limited, the UK headquartered world leader in subsea cable route design, installation and maintenance, has secured a contract win from Ocean Networks Canada, to upgrade the fibre optic cables serving the NEPTUNE observatory off the west coast of Canada.An initiative of the University of Victoria, Ocean Networks…

27 November 2015

Airborne Oil & Gas Awarded a Contract in West Africa

A West African operator selected Airborne Oil and Gas’s Thermoplastic Composite Pipe (TCP) technology as the preferred solution for injecting large volumes of stimulation fluids offshore in deep water offshore West Africa. Airborne Oil & Gas will supply a 1450 meter long, 3 inch ID 5000 psi working pressure TCP…

26 November 2015

North Sea Outlook on the Agenda at Subsea Integrity and Efficiency Conference

The outlook for the subsea sector in North Sea against the backdrop of technology developments to improve integrity and efficiency will be under the spotlight at the 2015 Subsea Integrity and Efficiency Conference in London next week. Jointly organised by Subsea UK and the Society for Underwater Technology (SUT), the…

26 November 2015

qedi Wins Commissioning Contract from Apache North Sea Limited

qedi, Amec Foster Wheeler’s completions and commissioning provider, announces today that it has been awarded a commissioning contract from Apache North Sea for the brownfield modifications on all their North Sea assets. This will include the provision of ad-hoc commissioning management services such as technical resources, commissioning expertise and qedi’s…

26 November 2015

Penspen Awarded Engineering Study for Offshore Field in Southern Nigeria

Penspen, a leading global provider of engineering and management services to the energy industry, has been awarded a contract from Sirius Group to conduct an engineering study for the monetisation of gas reserves from oilfields offshore Niger Delta. A key element of this agreement is the development of gas reserves…

26 November 2015

Cable Connector for World’s Largest Floating Wind Turbine

Subsea connector specialist, First Subsea, has been awarded a contract to supply a cable connector for the third phase of the Fukushima Floating Offshore Wind Farm Demonstration, offshore Japan. In this latest phase of the project, the connector will be used to connect 22kV cable to a 7MW wind turbine…

26 November 2015

Isleburn Awarded Offshore Wind Contract by Statoil

Statoil have awarded Isleburn with a contract, for the provision of the suction anchors to the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire.The unique floating wind park marks an important step forward for offshore wind technology, and potentially opens attractive new markets for renewable…

26 November 2015

​Aker Solutions Wins Maintenance and Modifications Contract From BP in Norway

Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway.The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It also contains options to extend the agreement by as many as four years.…

24 November 2015

AOS Awarded Subsea 7 Manning and Personnel Logistics Services Contract

Subsea 7 has recently appointed AOS as their Australian marine manning and personnel logistics provider. AOS will support Subsea 7 on its forthcoming Australian projects, on-board their subsea support vessel Seven Eagle. In addition, AOS will provide a number of back deck personnel to the project through our JV with…

24 November 2015

BG Group Secures Equity in Aphrodite Discovery

BG Group has announce it has taken a 35% holding in Block 12 offshore Cyprus which includes the Aphrodite gas discovery. This upstream position provides a potential source of gas to Egypt where BG Group holds equity in the two train LNG export facility at Idku as well as LNG…

24 November 2015

KrisEnergy Receives Approval for Rossukon Production Area

KrisEnergy Ltd an independent upstream oil and gas company, announced that it has received government approval of the Production Area Application (“PAA”) for an area containing the Rossukon oil discovery in the Gulf of Thailand. The PAA was approved by the Department of Mineral Fuels (“DMF”), the government agency responsible…

24 November 2015

Monadelphous Secures Shell Prelude FLNG Maintenance Contract

Engineering company Monadelphous Group Limited has announced it has been awarded a major long term maintenance and modifications services contract associated with Shell Australia’s Prelude Floating Liquefied Natural Gas (FLNG) project. The contract, with an estimated value of more than $200 million is located in the Browse Basin, approximately 475…

24 November 2015

DNV GL Conducts Largest Ever Controlled Release of CO2 From Subsea Pipeline

Carbon capture, utilisation and storage (CCUS) is gaining momentum to meet stringent climate change goals and secure energy supplies for the future. To fully understand the environmental and safety implications associated with the development of CO2 pipelines, DNV GL is conducting the oil and gas industry’s largest ever controlled release…

20 November 2015

Bhagwan Marine Win Quadrant Energy Diving Contract

Bhagwan Marine is pleased to announce that it has been awarded the 2015 Q4 Diving Program by Quadrant Energy Australia Limited.Bhagwan Marine will be providing Diving Services, Project Management and Engineering Services as well as the offshore execution from their Flagship Vessel the “Bhagwan Dryden” DSV. The Subsea activities will…

20 November 2015

​Statoil Makes Minor Discovery Near the Visund Field

Statoil Petroleum AS, operator of production licence 120, has completed drilling of exploration well 34/8-16 S.The well was drilled on the east flank of the Visund field in the northern part of the North Sea, and about 140 km northwest of Bergen.The primary exploration target for 34/8-16 S was to…

20 November 2015

Plan for Norway's Zidane Field may be Presented in Summer 2016

A plan for developing Norway's Zidane natural gas field could be presented in the second or third quarter of 2016, with the early parts of summer being the most likely time frame, Austria's OMV said on Thursday.Zidane, which has been delayed while the owners sought to cut the cost of…

19 November 2015

Shell Confirms Major Gulf of Mexico Oil Discovery

Kaikias is a high-value opportunity in the deep-water Gulf of Mexico, development potential could exceed 100 million barrels of oil equivalent recoverable.Kaikias is a high-value opportunity in the deep-water Gulf of Mexico located in close proximity to existing Shell infrastructure in this deep-water Gulf of Mexico heartland. Kaikias builds upon…

19 November 2015

Shell to Decide on Ormen Lange Subsea Compression in 2016

Shell plans to decide next year whether to resume installing subsea compressors at its giant Ormen Lange field offshore Norway, a company's senior executive said on Thursday, after stopping the project last year to save costs.'We still expect in the course of 2016 that we will get to a point…

19 November 2015

Claxton Forms Decommissioning Alliance with LR Senergy

Claxton Engineering Services Ltd, an Acteon company, has formed a collaborative alliance with energy services firm LR Senergy to provide clients with a fully managed, technically proficient end-to-end offshore rig-based decommissioning service.Nick Wood, VP commercial, Claxton, said, “Combining Claxton’s decommissioning expertise with LR Senergy’s wealth of well engineering and project…

19 November 2015

​Sembcorp Marine to Design and Build a FSO vessel for Culzean Development

Sembcorp Marine (SCM) has announced that its wholly owned subsidiary Sembcorp Marine Rigs and Floaters Pte Ltd has secured a contract to design and build a new floating, storage and offloading (FSO) vessel for MODEC Offshore Production Systems (Singapore) Pte. Ltd. (MOPS), a subsidiary of MODEC, Inc. (MODEC).Scheduled for delivery…

19 November 2015

Statoil to Decide on Snorre 2040 Development Concept Next Autumn

Norway's Statoil will decide next autumn on how to upgrade the Snorre oil and gas field in the North Sea, a company executive said on Wednesday.The Snorre 2040 extension project, which has been estimated to cost $4 billion, has previously been postponed as Statoil sought to bring down the price…

19 November 2015

​2015 Decommissioning Insight Indicates Steady Growth in Sector

The UK oil and gas industry’s decommissioning sector is growing at a steady pace according to Oil & Gas UK’s 2015 Decommissioning Insight, which forecasts total decommissioning expenditure on the UK Continental Shelf (UKCS) will reach £16.9 billion over the next decade (2015-2024).The trade organisation shared the results of its…

19 November 2015

​EuroROV Chooses Forum Sub-Atlantic as preferred ROV Supplier for New Training School

EuroROV, the Spanish ROV training and engineering company, has taken delivery of a Forum Sub-Atlantic Mojave vehicle for its newly-launched ROV pilot training facility. The electric ROV, which was manufactured by Sub-Atlantic’s parent company Forum, is one of the most powerful observation vehicles of its size. Its compact, ergonomic design…

18 November 2015

Petrobras Confirms Oil Find in Potiguar Basin's Pitu Area

Petrobras reports that an extension well has confirmed the presence of oil in the Pitu area. The discovery of the accumulation in the deep waters of the Potiguar Basin was first announced on December 17, 2013.The new well (3-BRSA-1317-RNS), known informally as Pitu North 1, is the first extension well…

18 November 2015

Fugro to Work for Total in North Sea

Fugro has been awarded a five year contract for the provision of underwater services to Total E&P UK Limited (TEP UK).Under the contract, which runs from July 2015 and includes extension options for a further two years, Fugro is providing a full range of ROV services to conduct inspection, repair…

18 November 2015

Schlumberger-Cameron Merger Receives Unconditional Clearance from U.S. Department of Justice

Schlumberger Limited (NYSE: SLB) and Cameron International Corporation (NYSE: CAM) jointly announced today that the U.S. Department of Justice has cleared their proposed merger without any conditions, granting early termination of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the proposed merger.The closing…

18 November 2015

​PA Resources Announces Intention to Divest and Delist

In April 2015, PA Resources AB’s board of directors initiated a review of the company’s strategic options with regards to the company’s future. The main options being explored were: the availability of long-term financing for the group, a corporate transaction/M&A or a sale of assets or subsidiaries. An internal project…

17 November 2015

​Statoil Exits Alaskan Leases

Statoil is optimising its exploration portfolio and has decided to exit Alaska following recent exploration results in neighbouring leases. Statoil is committed to optimising its portfolio, strengthening financial performance, and positioning for long-term value.The leases in the Chukchi Sea are no longer considered competitive within Statoil’s global portfolio, so the…

17 November 2015

​Sale of Skandi Inspector

DOF's subsidiary DOF Subsea has entered into an agreement to sell the vessel Skandi Inspector (built 1979) to an international buyer, with delivery before end of year 2015.Source: DOF Subsea

17 November 2015

CIS Drives Subsea Piles in 160 Minutes on Alvheim Development

Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, announced that it successfully completed its second subsea piling campaign for Technip in Norway. CIS used its remotely operated Subsea Piling System, which makes it possible to drive piles as large as…

17 November 2015

​2G Robotics Delivers Two Deep-rated Laser Systems to Oceaneering

2G Robotics recently delivered two deep-rated ULS-500 subsea laser systems to Oceaneering International, Inc.’s business unit, Oceaneering Survey Services (C&C Technologies) (“Oceaneering”), a leading provider of deepwater seafloor mapping services, subsea surveys and satellite positioning. Including these two ULS-500 systems, Oceaneering now utilizes six of the ULS-500 systems with its…

17 November 2015

Chinese Companies to Work with Rosneft in the Russian Arctic

Russia's Rosneft is in talks with Chinese companies to allow them to take part in its offshore Arctic projects, the RIA news agency quoted Russian Deputy Energy Minister Anatoly Yanovsky as saying on Monday.Rosneft has suspended drilling in Arctic Kara Sea in 2014 after U.S. ExxonMobil (XOM.N) withdrew from the…

16 November 2015

Airborne Oil & Gas Wins First Contract in Gulf of Mexico

Airborne Oil & Gas to supply non-collapsible flexible jumpers to Wild Well Control for the deepest riser less plug & abandonment in the Gulf of Mexico.Wild Well Control awarded Airborne Oil & Gas (AOG) a contract for the supply of two flexible TCP Jumpers. The two jumpers, 2 inch and…

16 November 2015

Atkins Wins Contract from Shell in Australia

Atkins has received a contract from Shell to develop asset integrity models for future inspection and maintenance at Prelude FLNG offshore location. Prelude FLNG is the largest Floating LNG project in the world. Matt Keys, global technical director in Atkins's oil and gas division, said: "We're excited to continue contributing…

16 November 2015

Panoro Energy Announces Completion of Well Operations on Aje Field

Panoro Energy ASA, the independent E&P company with assets in Nigeria and Gabon, has announced the completion of well operations on the Aje field on the OML 113 license offshore Nigeria.The Aje-4 well, which was previously drilled in 2008, has been successfully completed as an oil production well. This follows…

16 November 2015

​Green Light for Production Start-up on Edvard Grieg

The Norwegian Petroleum Directorate (NPD) has granted consent to start production on the Lundin Norway-operated Edvard Grieg field in production licence 338 in the North Sea.Production start-up is scheduled in accordance with the Plan for Development and Operation (PDO). Development costs have increased slightly, but the increase is within the…

16 November 2015

​Det Norske Acquires Premier Oil’s Norwegian Subsidiary

Det norske oljeselskap ASA is pleased to announce that the company has acquired Premier Oil Norge AS which comprises all Premier Oil plc’s Norwegian assets for a cash consideration of USD 120 million on a cash free, debt free basis. The transaction is subject to the receipt of government approval,…

12 November 2015

Kosmos Energy Makes Second Major Gas Discovery Offshore Mauritania

Kosmos Energy announced today that the Marsouin-1 exploration well, located in the northern part of Block C-8 offshore Mauritania, has made a significant, play-extending gas discovery. This is the company's second major discovery of 2015.Based on preliminary analysis of drilling and wireline logging results, Marsouin-1 encountered at least 70 meters…

12 November 2015

Island Venture Ready for Completion

Island Venture has been thoroughly tested at sea trial this week. The sea trial is now in the final stage and the ship will return to the yard by the end of the week to be completed."The sea trial has so far gone as expected. Some challenges will always emerge…

12 November 2015

Subsea 7 Announces Partnership Frame Agreement with Premier Oil

Subsea 7 has announced the signing of a long-term partnership frame agreement with Premier Oil to provide concept engineering, FEED, SURF project execution and Life of Field operations, on a preferred supplier basis. The agreement also enables Subsea 7 access to participate in relevant Premier decommissioning scopes.The agreement is applicable…

12 November 2015

​Gassco AS Receives Consent to use the Utsira High Gas Pipeline​

The Petroleum Safety Authority Norway has given Gassco consent to use the Utsira High Gas Pipe (UHGP).Utsira High is a 94-kilometre-long gas pipeline running from the Edvard Grieg field 57 km north of Sleipner in the northern North Sea.Gassco is the operator for the Utsira High Gas Pipeline Joint Venture.…

12 November 2015

​Saudi Aramco and Hyundai Heavy Industries Sign MoU

Saudi Aramco, the world's leading integrated energy and chemicals company, and Hyundai Heavy Industries (HHI) Group signed a general memorandum of understanding (MoU) to jointly collaborate on business development opportunities in the Kingdom of Saudi Arabia.The signing ceremony was presided by Amin H. Nasser, President and CEO of Saudi Aramco;…

10 November 2015

​McDermott Awarded EPCI Project Offshore Qatar

McDermott International, Inc. announced that it has been awarded a large brownfield contract by RasGas Company Limited (RasGas) for the engineering, procurement, construction and installation (EPCI) of a flow assurance and looping project consisting of 74 miles of 6- and 8-inch pipeline and topside modifications, offshore Qatar. Work is scheduled…

10 November 2015

​Husky Achieves Milestone with Madura Strait BD Gas Development

Husky Energy and its partners have achieved a significant milestone in advancing the Madura Strait BD gas-condensate field offshore Indonesia towards production.The jacket and wellhead platform for the liquids-rich gas development were sailed out in late October and have been successfully installed in approximately 55 metres of water. Development drilling…

10 November 2015

​DeepOcean Awarded Installation Contract for Nemo Link Interconnector

DeepOcean 1 UK Ltd., a subsidiary of DeepOcean Group Holding BV (DeepOcean), today announced that the company has been awarded a contract by J-Power Systems Corporation, a subsidiary of Sumitomo Electric Industries Ltd., for the provision of all marine works for the Nemo Link Interconnector Project.Project DescriptionThe Nemo Link® interconnector…

9 November 2015

Petronas Floating LNG2 Takes Shape with New Construction Milestone

The PETRONAS Floating LNG2 (PFLNG2) takes shape as a construction milestone is achieved with the official keel laying of PETRONAS' second floating liquefaction plant in Geoje Island, South Korea on 28 October.PETRONAS, together with JGC Group and SHI, the consortium leading the engineering, procurement, construction, installation and commissioning of the…

6 November 2015

​BP to Accelerate Development of Atoll Field in Egypt

BP announced that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. The Atoll discovery (BP 100%) in the North Damietta Offshore Concession in the East Nile…

6 November 2015

Start-up Consent for Two Subsea Pipelines

The Norwegian Petroleum Directorate has granted start-up consents for the Edvard Grieg oil pipeline and the Utsira High gas pipeline.These transport solutions will become part of the development of the Edvard Grieg and Ivar Aasen fields on the Utsira High in the North Sea. Start-up of the Edvard Grieg field…

6 November 2015

Van Oord to Install Foundations at the Walney Extension Offshore Wind Farm

Van Oord has reached agreement with DONG Energy of Denmark for the transport and installation of the 87 foundations at Walney Extension offshore wind farm in the United Kingdom. After completion in 2018 this park will deliver sustainable energy to 460,000 households.The Walney Extension offshore wind farm is located in…

6 November 2015

UTEC NCS Survey Wins Heavy Lift Support Services Contract

UTEC NCS Survey, part of UTEC Survey, an Acteon company, was recently awarded a contract for heavy lift support services for a major project in the Baltic Sea.Partnering with LDD the contract is to deliver, in January 2016, a pile guide frame monitoring system, which will be used for the…