Search News
Latest News
20 October 2015
Installation of 150 ͭ ͪ Foundation of Gemini Wind Park
Van Oord has completed the installation of the 150th foundation at the Gemini Wind Park in a record time of 3.5 months. On 1 July 2015 Van Oord's own installation vessel Aeolus, together with Swire Blue Oceans Pacific Osprey, started installation and the last foundation was installed on 17 October.…
19 October 2015
Eni Presents Zohr Development Plan to Egyptian President
The President of the Republic of Egypt, Abdel Fattah Al-Sisi, and Eni's Chief Executive Officer, Claudio Descalzi, met yesterday in Cairo to discuss Eni's activities in the country.During the meeting, Eni's CEO presented to President Al-Sisi the development plan for the Zohr field. The parties confirmed the joint commitment to…
19 October 2015
SBM Offshore Awarded Browse FLNG Turret FEED
SBM Offshore has announced that Technip SA (Technip) has awarded the Company the Front-End Engineering and Design (FEED) contract for three, large-scale turret mooring systems associated with the proposed Browse Floating Liquefied Natural Gas (FLNG) Development in Australia.The contract awarded to SBM Offshore covers the FEED elements of the proposed…
19 October 2015
Total Sells a Further 15% Interest in the Gina Krog Field
Total has signed an agreement to sell a 15% interest in the Gina Krog field in Norway to Tellus Petroleum, a subsidiary of Sequa Petroleum NV. The completion payment will total 1.4 billion NOK. The transaction is subject to the approval of the Norwegian authorities."As a result of a full…
16 October 2015
Major Operators Declare Suppor for Global Climate Agreement
Ten major international energy companies declared their support for a climate agreement to be reached at a United Nations summit in Paris starting next month.Producers including BP Plc, Saudi Arabian Oil Co. and Petroleos Mexicanos -- who together account for almost 20 percent of the world's oil and gas output…
16 October 2015
Aker Solutions and MAN Diesel & Turbo Form Subsea Compression Alliance
Aker Solutions and MAN Diesel & Turbo agreed to form an alliance to develop the next generation in subsea compression systems that can be used at even the smallest oil and gas fields to increase recovery and lower costs compared with conventional platform solutions.The two companies will build on their…
16 October 2015
Technip and 3D at Depth Form Alliance
3D at Depth, a global technology provider of advanced subsea LiDAR systems and solutions, and Technip USA, Inc., an affiliate of Technip SA of France, announced today that they have signed a joint development agreement (JDA) to expand and commercialize the LiDAR technology for subsea metrology, field survey and IRM…
15 October 2015
DeepOcean Awarded Cable Installation Contract
DeepOcean today announced that the company has been awarded a contract by DONG Energy for the provision of installation and trenching works for the Walney Extension offshore wind project in The Irish Sea. Offshore work will be performed from DeepOcean's new cable installation vessel Maersk Connector in 2017.DeepOcean has a…
15 October 2015
Petrobras Hits More Oil at Libra
Oct 14, A consortium which owns the concession to Brazil's offshore subsalt area Libra found hydrocarbons in a new well, state-controlled oil producer Petróleo Brasileiro SA said on Wednesday.The company, known as Petrobras, said in a securities filing the drilling of the 3-BRSA-1310-RJS well was concluded, and that another two…
15 October 2015
WWII Bombs Safely Removed from Windfarm Site by DONG Energy
Over 40 items of unexploded ordnance (UXO) from World War II have been safely detonated or removed from the Norfolk coast, having been discovered on the export cable route for DONG Energy's Race Bank offshore wind farm.During a large scale offshore inspection campaign on the Race Bank site, 41 UXO…
15 October 2015
GSP Takes Aim at Nigerian Market
GSP is in the process of entering the Nigeria market targeting projects amounting over USD500 mil."Our discussion with local partners are advanced and we are in the process to establish a local company there. We are targeting pipeline and offshore construction projects that will start from Q1 2016. We have…
14 October 2015
LUKOIL Makes Significant Gas Discovery Offshore Romania
LUKOIL announced today the completion of drilling of the exploratory well Lira-1X and the discovery of a gas field in the Lira offshore structure, which is located at the Trident block (EX-30) in the deep-sea Romanian offshore.Exploration on the EX-30 block is conducted by LUKOIL Overseas Atash BV (100-% subsidiary…
14 October 2015
Subsea 7 Saves Time with Sonardyne in the Gulf of Mexico
Subsea engineering, construction and installation company, Subsea 7, has successfully used acoustic and inertial navigation technologies from Sonardyne International Ltd. during a project to install flowlines, risers and subsea structures at a major new deep water field development in the Gulf of Mexico, due to commence production in 2016.To meet…
14 October 2015
Det Norske Acquires Svenska Petroleum's Norwegian Subsidiary
Det norske oljeselskap has entered into an agreement to acquire Svenska Petroleum Exploration AS («Svenska») for a cash consideration of USD 75million on a cash free, debt free basis.Svenska has 15employees in Norway, of which all will be transferred to Det norske.Svenska holds 13 licenses in Norway, including the Krafla/Askja…
14 October 2015
DEA Accelerates its Growth Strategy
DEA Deutsche Erdoel AG acquires 100% of the shares of E.ON's Norwegian oil and gas business to create an enlarged Norwegian portfolio more than doubling its current production in Norway to 75,000 barrels of oil equivalent per day (boe/d). This acquisition also provides access to promising growth options through material…
14 October 2015
Launch of James Fisher Subsea Excavation
James Fisher and Sons plc is has announced the launch of James Fisher Subsea Excavation, the new trading name and brand of the sole dedicated MFE service provider worldwide.The launch follows an exciting period of growth and development in James Fisher's MFE business over the last 15 months that commenced…
14 October 2015
Tidal Energy Firm to Survey off Isle of Man Coast
A renewable energy firm has been granted a licence to explore the potential for harvesting tidal energy in the north of the island. Manx Tidal Energy Ltd will assess if generating electricity near the Point of Ayre is commercially viable. The island-based company has seven years to carry out its…
14 October 2015
Subsea 7 Awarded Contract Offshore Egypt
Subsea 7 today announced the award of a sizeable(1) contract to Subsea 7 by Pharaonic Petroleum Company S.A.E. for the development of the East Nile Delta Phase 3 Project (END-3). This award was the result of a competitive tender process.The project scope includes installation engineering, procurement and fabrication of rigid…
12 October 2015
Ulstein Launches New Shallow Water Construction Vessel Designs
With the S182 design ULSTEIN introduce a new dynamically positioned multipurpose construction vessel suitable for shallow water operations. Their main design driver was to develop a very CAPEX friendly DP vessel with good capabilities to support various offshore operations, including cable lay and offshore construction.The vessel offers an unprecedented combination…
12 October 2015
ACE Winches Delivers World's Largest Chain Mooring System
ACE Winches, the leading deck machinery specialist, has successfully delivered one of the world's largest chain winch packages for Heerema Marine Contractors for its new Aegir vessel.Supporting the Ichthys LNG Project, offshore Northwest Australia, ACE Winches has engineered, designed, manufactured and commissioned a 200te twin Chainlifter Hydraulic package for Heerema.…
12 October 2015
Eni Awarded Two New Exploration Licenses in the Egyptian Waters
These two new concession agreements follow the recent award of the deep water Karawan and North Leil blocks, strengthening Eni's presence in Egypt, a country of historic and strategic importance for the Company, and further relaunching its exploration activities after the recent and important successes of Nidoco NW and Zohr.Eni…
12 October 2015
INEOS Buys North Sea Gas Fields from LetterOne Group
INEOS, a global manufacturer of petrochemicals, speciality chemicals and oil products, has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel, which is part of the LetterOne Group.INEOS Upstream will acquire gas fields, including the Breagh and…
12 October 2015
DeepOcean Awarded Post-Lay Trenching Works in Australia
DeepOcean has been awarded a contract for the provision of post-lay trenching and survey works in Australia. Works will be performed from DeepOcean's DPII MSV Volantis using the 2,800hp jet trencher UT-1.DeepOcean has a long track record of providing trenching services for oil and gas contractors and operators in the…
12 October 2015
Ocean Installer Signs Regional Framework Agreement with BP
Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region.The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years. Specific work scopes will be carried out…
12 October 2015
Blue Stream Pipeline Inspection Contract Awarded to Fugro
Fugro has been awarded a contract by Blue Stream Pipeline Company B.V. for the provision of survey support vessels and associated survey services to perform the 2015 external pipeline inspection for the offshore, shore approach, and dry section components of the Blue Stream Pipeline System.The two 24" gas export pipelines,…
12 October 2015
World's First Subsea Wet Gas Compressor Station Brought Online
Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.The unique technology will increase recovery by 22 million barrels of oil equivalent (oe) and extend plateau production by around two years from the Gullfaks South Brent reservoir."We…
12 October 2015
The Last of the Old Generation or the Start of the New?
Last week saw the announcement that the delivery of Allseas' huge platform installation and decommissioning vessel, Pioneering Spirit, has been delayed until the first half of 2016.The ship, formerly named the Peter Schelte, is the world's largest vessel in terms of its gross tonnage, 403,342gt, its breadth, 123.75m (406 feet),…
9 October 2015
Saipem Scoops EPCI Double
Saipem has been awarded new E&C offshore contracts cumulatively valued at more than 600 million euro. Among the most significant initiatives are:Saudi Aramco Karan:An EPCI contract awarded by Saudi Aramco, which involves the engineering, procurement, transportation and installation of offshore structures including observation platform, wellhead production deck module, auxiliary platforms,…
9 October 2015
Petrofac Cancels Contract for New Build Pipelay Vessel
Petrofac, the international service provider to the oil and gas industry, announces that due to issues with ZPMC's performance in respect of the construction of the proprietary design Petrofac JSD 6000 deepwater multi-purpose offshore vessel, Petrofac has terminated its contract with ZPMC.Ayman Asfari, Group Chief Executive, said: "It is regrettable…
8 October 2015
Subsea Manufacturers Resisting Downturn Better than Most
Oil prices have stabilised in the $45-50 range over the last month, however, performances of major oilfield stocks have continued to suffer. According to analysis undertaken by DW, decline of a further 8% has been seen through September, down 39% year-on-year.As E&P firms start to plan for 2016, the current…
8 October 2015
Subsea Activity to Decline as More and More Vessels are Redelivered
Fearnley Offshore Supply AS (FOSAS) says more and more vessels in the form of newbuildings and redeliveries are flooding the subsea inspection, maintenance & repair (IMR) and construction markets with oversupply."Although everyone involved in offshore equipment has great concerns about the market, the really poor results have yet to be…
8 October 2015
Claxton and OIS Improve Subsea Decommissioning Technology
Claxton, an Acteon company, has improved the technological advantage of its Suspended Well Abandonment Tool (SWATTM) by developing an extension module. In turn, this enables Claxton and Acteon sister company, Offshore Installation Services Ltd (OIS), to set deeper environmental and intermediate barriers.Neil Watson, SWAT product leader, Claxton, said, "SWAT holds…
8 October 2015
Deep Down Receives Order For $13 Million
Deep Down, Inc. an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced today it has received the largest order in the company's history valued at $13 million directly from a super-major operator.This order includes one phase of new systems and equipment to…
8 October 2015
Statoil Awards More Johan Sverdrup Contracts
On behalf of the Johan Sverdrup licence, Statoil is today awarding contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A.The contract awarded to Kvaerner Verdal has a value of approximately NOK 1 billion and covers engineering, fabrication and construction of the steel jacket for the Johan…
6 October 2015
Delivery of Skandi Africa
DOF Subsea has taken delivery of Skandi Africa and the vessel commenced on a 5 year time charter contract to Technip.Skandi Africa was awarded "Ship of the year 2015", and she is the most advanced vessel in the DOF-fleet today. The high-end subsea vessel is designed for harsh environment and…
6 October 2015
Malampaya Begins Gas Production from New Offshore Platform
The Malampaya natural gas field will continue to power a third of homes and businesses in the Philippines, thanks to a new offshore platform that is the country's first to be designed and built in the country.Malampaya Deep Water Gas-to-Power project joint venture partners - Shell Philippines Exploration, B.V. (SPEX),…
6 October 2015
Delivery of Pioneering Spirirt Delayed
The delivery of Allseas' colossal platform installation and decommissioning vessel Pioneering Spirit has been delayed until the first half of 2016.Broker Seabrokers says the vessel, which has a length of 382m, breadth of 124m and a maximum lift of 48,000 tonnes, was due to enter into service in the North…
6 October 2015
Total Deploy Sonardyne LBL Acoustic Network at Kaombo
Following on from the installation of a Long BaseLine (LBL) acoustic positioning network at the giant Egina oil field off the coast of Nigeria, French oil major Total and its project partners have repeated their success using the same Sonardyne Fusion 6G technology offshore Angola at the even larger, even…
5 October 2015
Shell Begins Production from Bonga Phase 3
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project.Andrew Brown, Shell's Upstream International Director, said: "This new start up is another important milestone for Bonga, adding valuable new production to this major facility."Bonga Phase 3 is an expansion of…
2 October 2015
Statoil Enters UK Licence for Alfa Sentral Project
On 2 October 2015, Statoil acquired First Oil's 24% equity share in the UK licence for the Alfa Sentral field for USD 15 million.Alfa Sentral is a c.60 mmboe gas and condensate field planned to be developed as a tie-back to the existing infrastructure for Sleipner on the Norwegian Continental…
2 October 2015
UK Oil and Gas Firms are Missing Opportunities on Collaboration
Deloitte's survey of oil and gas operators and oilfield services companies has found that a lack of effective supply chain collaboration means companies are missing out on maximising the potential value from the UK Continental Shelf (UKCS).74% of respondents said collaboration was an integral part of their day-to-day business but…
2 October 2015
Technip Awarded Additional Subsea Contract for the Stones Project
Technip was awarded by Shell a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the Floating Production, Storage and Offloading (FPSO) vessel. The Stones field is located in the Walker Ridge area in the US Gulf of…
2 October 2015
Alcatel-Lucent to Deliver Fiber Optic Broadband to Angolan Offshore Facilities
Alcatel-Lucent Submarine Networks, the undersea cables subsidiary of Alcatel-Lucent, has been awarded the development of the Sonangol Offshore Optical Cable (SOOC), a critical infrastructure project which will dramatically reduce the cost-per-bit associated with the delivery of data traffic to Angola, including its offshore oil and gas production facilities.Spanning 1,900 km,…
1 October 2015
First Lady Names Ghana's Second FPSO
Her Excellency the First Lady of the Republic of Ghana, Dr. Nana Lordina Mahama, officially named Ghana's second floating production, storage and offloading (FPSO) vessel at a ceremony in Singapore today.The First Lady named the vessel 'FPSO Prof. John Evans Atta Mills', after the late president who oversaw First Oil…
1 October 2015
Aker Solutions to Provide Subsea Production System for Rotan Development
Aker Solutions has been awarded a contract from Murphy Sabah Oil Co., Ltd. (Murphy) to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia.The delivery includes hardware for four subsea wells, a hub manifold, in-line tees, a connection system and production control system. First deliveries…
1 October 2015
Technip Awarded Umbilical Supply Contract by ENI
Technip's wholly-owned subsidiaries Technip Umbilicals Ltd and Angoflex Ltda. have been awarded a contract by ENI S.p.A. to supply umbilicals to the Block 15/06 East Hub Development offshore Angola.This field is located approximately 350 kilometers north of Luanda, at water depths of 450-600 meters. The contract covers project management and…
1 October 2015
Mexico Gets Stronger Demand in Second Oil Auction
Mexico awarded three out of five offshore production-sharing contracts on Wednesday in the second phase of its historic oil sector opening, comfortably beating the disappointing results of the first phase and giving a boost to the peso.The auctions, part of a series aimed at reversing years of falling oil output,…
30 September 2015
Lundin Petroleum Discovers More Oil at Alta
Lundin Petroleum has announced that it has successfully completed the drilling of appraisal wells 7220/11-3 and 7220/11-3 A on the eastern flank of the Alta discovery in PL609.The Alta discovery is located 10 to 20 km northeast of Lundin Petroleum's Gohta discovery in the Barents Sea South and approximately 160…
30 September 2015
Ecosse Subsea Systems Nets Second Baltic Sea Contract
Scottish subsea technology specialist, Ecosse Subsea Systems (ESS), has been awarded its second Baltic Sea renewables project.The Aberdeenshire-based business has been appointed by main contractor Prysmian Group to carry out pre-cut seabed trenching prior to Prysmian's cable laying on the Wikinger offshore wind farm.The 350 MW Wikinger project is Iberdrola's…
30 September 2015
SMD Delivers QTrencher 1000 to KT Submarine
Following successful completion of factory acceptance testing, SMD are delighted to announce the delivery of a QTrencher 1000 ROV to long standing customer KT Submarine. The relationship between SMD and KT Submarine began in 1998, with the supply of a standard cable plough, followed by the supply of a latest…