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30 September 2015
Oceaneering Announces Vessel Services Agreement
Oceaneering International, Inc. (NYSE:OII) announced today that its subsidiary Oceaneering International GmbH has entered into a two-year, subsea field support vessel services agreement with an oil and gas company in India for use of the Island Pride. Anticipated commencement date is in November 2015 upon completion of the vessel's mobilization…
29 September 2015
Ithaca Energy Modifies Contract with Petrofac
Ithaca Energy announced that the Greater Stella Area co-venturers have entered into an agreement with Petrofac in respect of the "FPF -1" floating production facility.The agreement provides enhanced incentivisation for the timely delivery of the vessel, which remains on track for sail-away from the shipyard in Poland at the end…
29 September 2015
Polarled Pipeline now in place
On Monday 28 September, the final pipe in the 482.4 kilometre long Polarled Pipeline was laid at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea.Polarled is the first pipeline on the Norwegian continental shelf that crosses the Arctic Circle and opens up a brand…
29 September 2015
VBMS Successfully Installs Umbilical for Wintershall
VBMS, a strategic joint venture of VolkerWessels and Boskalis, has successfully completed the offshore installation of an 18.5-kilometre control umbilical for Wintershall Noordzee B.V. The umbilical connects platform RAVN to A6A, located in the Danish and German sectors of the North Sea.VBMS equipped the SURF-installation vessel Ndurance with the in-house…
29 September 2015
Eni's Arctic Field off Norway Hit by New Delays
Italian oil major Eni faces further delays in the development of its Goliat oilfield in the Arctic and has yet to obtain permission from Norwegian authorities to start production, the company and an industry regulator said on Monday.The first oilfield to be developed in the Arctic, Goliat has been hit…
28 September 2015
Shell Updates on Alaska Exploration
Shell today provides an update on the Burger J exploration well, located in Alaska's Chukchi Sea. The Burger J well is approximately 150 miles from Barrow, Alaska, in about 150 feet of water. Shell safely drilled the well to a total depth of 6800 feet this summer in a basin…
28 September 2015
EMAS AMC’s Lewek Constellation Completes Inaugural Reel Lay Projects
Ezra Holdings Limited a leading contractor and provider of integrated offshore solutions to the oil and gas ("O&G") industry, announced today its Subsea Services division, EMAS AMC has successfully completed the first two of three Noble Energy-operated subsea tieback projects in the US Gulf of Mexico.The scope of work included…
28 September 2015
DOF Subsea Awarded Subsea and IMR Contracts
DOF Subsea has been awarded several major contracts with a total value in excess NOK 3 billion, including options, securing both short term and long term utilization of assets and personnel.In the North America region DOF Subsea has been successful in securing a major IMR contract with Husky Energy in…
25 September 2015
Capex Reduction for Johan Sverdrup
Statoil, the operator for the Johan Sverdrup development, has presented a preliminary capex estimate for the first phase of the development to the partnership. The updated estimate is showing reduced capital expenditures as a result of positive market response in contracts and purchase orders.In the Plan for Development and Operations…
25 September 2015
Troll Produces Oil for 20 years
This week it is 20 years since the start of oil production from the Troll field. The 20 year-old can look back on enormous wealth, with 1.56 billion barrels produced so far and NOK 460 billion in income."Troll oil is the impossible made possible. Only a few believed in extracting…
25 September 2015
Ichthys LNG Project Floats World's Largest Semi-Submersible
INPEX announced the INPEX-operated Ichthys LNG Project safely launched its central processing facility (CPF) on 19 September 2015 from the offshore floating dock at the Samsung Heavy Industries shipyard in Geoje, South Korea, where it is being constructed.INPEX President Director Australia Seiya Ito said the successful launch was one of…
24 September 2015
Cable Deployment Successfully Completed at MeyGen Tidal Energy Project
The laying of four subsea cables has been completed at MeyGen, announces Atlantis, majority owner of the project. The four cables are housed in individual bore holes of approximately 0.5km each, drilled earlier this year, which run from the foreshore into the Inner Sound of the Pentland Firth and down…
23 September 2015
Contracts for Edda Fonn
Reach Subsea has, as a result of good Joint Venture cooperation with MMT Sweden AB, signed contracts for approximately 60 days for Edda Fonn in the North Sea. The work scope is primarily seabed mapping, light construction and seabed intervention. Further, Stril Explorer is expected to have high utilisation the…
23 September 2015
New Contract for Viking Neptun
Eidesvik Offshore ASA through the Ghanaian entity Eidesvik Ghana Limited operated by Ghanaian partners in cooperation with Eidesvik and Technip,have entered into an agreement for the charter of the Offshore Construction Vessel MV "Viking Neptun" for work to be performed on the "TEN URF Development Project" offshore Ghana.The firm contract…
23 September 2015
FMC Technologies Wins Appomattox Contract
FMC Technologies, Inc. has received an award from Shell Offshore, Inc. (Shell) for its Appomattox deepwater development in the Gulf of Mexico.FMC Technologies will provide Enhanced Vertical Deepwater Trees, subsea manifolds, topside controls, a control system, and a distribution system for the field, which lies in the Mississippi Canyon area…
22 September 2015
OneSubsea Awarded FEED Contract from Woodside
OneSubsea, has been awarded a front-end engineering and design (FEED) contract for the Greater Enfield Area Development offshore northwest Australia.The FEED study, which will be conducted by OneSubsea's local team in Perth, will include the design of the full subsea production system architecture solution, including subsea multiphase boosting, for the…
22 September 2015
Swire Seabed Strengthens its ROV Capabilities
Subsea operation specialist, Swire Seabed, has placed an order for the acquisition of two Kystdesign Supporter Work-Class Remotely Operated Vehicles (WROVs) with Lidan Launch and Recovery Systems (LARS), for delivery in February 2016. Swire Seabed has the option to purchase two more WROVs.Headquartered in Bergen, Norway, Swire Seabed is a…
22 September 2015
Statoil Brazil Awards Peregrino OMM Contract to Wood Group
On behalf of the Peregrino licence partners, Statoil is awarding a contract to Wood Group to provide four-year operations and maintenance for our two wellhead platforms (Alpha and Bravo) and modification services for both units and the FPSO Peregrino.The contract's scope includes offshore services and covers all production processes and…
21 September 2015
Claxton Installs Drilling Riser System on Catcher Development
Claxton, an Acteon company, has successfully installed a high-pressure drilling riser system as part of a multimillion-pound contract for the Catcher area field development in the Central North Sea.Owen Lewis, project engineer, Claxton, said, "Claxton was the only company to offer Premier Oil a fully-forged riser design option in the…
21 September 2015
Amec Foster Wheeler Awarded new BP Contract for Eastern Trough Area Project
Amec Foster Wheeler announced today that it has been awarded an Engineering, Procurement and Construction (EPC) contract by BP for the provision of additional living quarters, as part of BP's Life Extension Project on the Eastern Trough Area Project (ETAP) in the Central North Sea. The BP ETAP Life Extension…
18 September 2015
Aker Solutions Completes Its Part in the World's First Subsea Compression System
The world's first subsea gas compression system went on stream yesterday at the Statoil-operated Åsgard field. Aker Solutions has delivered the subsea compression system for this field development."We're immensely proud to be part of this achievement, which is a major milestone for our industry," said Aker Solutions' Chief Executive Officer…
18 September 2015
Johan Sverdrup Contract Awarded to FMC Technologies
On behalf of the Johan Sverdrup partnership, Statoil has awarded an EPC contract for subsea equipment for the Johan Sverdrup project to FMC Kongsberg Subsea AS. The contract involves establishment of a new and cost efficient standard for subsea equipment.The contract has an estimated value of NOK 1.3 billion, and…
17 September 2015
Harkand Awarded Contract with Technip in Ghana
A new joint venture between Harkand and Consolidated Shipping Agencies Ltd has resulted in its first contract win in Ghana, West Africa. The award will see the global inspection, repair and maintenance (IRM) company delivering onshore and offshore support to Technip in the region.Having formed a strategic alliance with Consolidated…
17 September 2015
Discovery Southwest of Njord
VNG Norge has made an oil discovery in wildcat well 6406/12-4 S, drilled approx. 33 kilometres southwest of the Njord field, near the Pil discovery."We have discovered what could be additional resources to last year's Pil-discovery and confirmed that there are hydrocarbon-filled sands east of the Pil-discovery", says Atle Sonesen,…
17 September 2015
ExxonMobil Starts Oil Production at Erha North Phase 2 Project
Exxon Mobil Corporation announced that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule at the Erha North Phase 2 project offshore Nigeria.The Erha North Phase 2 project is a deepwater subsea development located 60 miles offshore Nigeria in 3,300 feet of water and…
17 September 2015
The First Subsea Gas Compression Plant in the World On Line
Statoil and its partners this week put the first subsea gas compression facility on line at Åsgard in the Norwegian Sea. Subsea compression will add some 306 million barrels of oil equivalent to total output over the field's life .This subsea technology milestone opens new opportunities in deeper waters, and…
17 September 2015
ROVOP Reveals New Contracts
The projects span across the oil, gas and offshore wind markets and extend into Q3 2016. Work scopes include Inspection, Repair and Maintenance (IRM) on several major North Sea operators' platforms, pipeline route survey in the Mediterranean and supporting the installation of an offshore wind platform off Germany. In addition…
16 September 2015
Woodside Awards Aibel FEED Contract
Australian company Woodside has awarded Aibel a FEED contract in connection with the subsea tie back to the Ngujima-Yin FPSO.The Greater Enfield Development comprises the subsea tie back of the Ngujima-Yin FPSO. The FPSO will undergo modifications to the topsides, hull and turret. Aibel's scope of work includes management, engineering…
16 September 2015
MODEC Awarded Contract to Provide FSO for Maersk Oil’s Culzean Field
MODEC, Inc. is pleased to announce it has signed a contract with Maersk Oil North Sea UK Limited (Maersk Oil UK) to supply a Floating Storage and Offloading (FSO) vessel for the Culzean development project in the North Sea.This FSO will be deployed at the Culzean field approximately 145 mile…
16 September 2015
Contract Award for Johan Sverdrup Power Cables
Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB AB in Sweden for fabrication and installation of two high-voltage cables supplying power from shore to the Johan Sverdrup field.The contract is an EPCI contract covering engineering, procurement, fabrication, installation and testing of two high-voltage power…
15 September 2015
Work Begins at Rampion Offshore Wind Farm
Work will begin this week at the Rampion Offshore Wind Farm, in readiness for the first foundation installation in January. This will include clearing boulders on the seabed along the cable route and around each of the 116 foundation positions to allow safe and effective installation.Chris Tomlinson, E.ON Development Manager…
14 September 2015
Magma Global Signs Joint Development Agreement with BP and Subsea 7
Magma Global is pleased to announce the signing of a joint development agreement with BP and Subsea 7 in a project to qualify Magma's carbon fibre m-pipe® as the next generation of subsea pipelines. The programme is also supported by the National Composites Centre (NCC) and Innovate UK, the Government…
14 September 2015
EPC Contract on Johan Sverdrup to IKM Ocean Design
An engineering, procurement and construction (EPC) contract for the Johan Sverdrup gooseneck spool and retrofit hot-tap tee has been awarded to IKM Ocean Design by Statoil on behalf of operator Gassco.Part of the gas export solution from the Johan Sverdrup field, the assignment will take about two years to complete.…
14 September 2015
DeepOcean Wins Shell North Sea Survey Contract
DeepOcean has been awarded a Call-off contract for provision of ROV based Survey Services by Shell in The North Sea.DeepOcean has long track record of ROV based survey services for North Sea oil and gas operators. This contract is for three years plus options. The contract was won in a…
14 September 2015
INPEX Updates Production Schedule and Raises Production of Ichthys LNG Project
INPEX announced it has updated the expected production start-up schedule and raised the anticipated production capacity of the Ichthys LNG Project, which it is currently developing as Operator alongside its project partners. Production, which was initially expected to start toward the end of December 2016, is now expected to start…
11 September 2015
Kværner Wins Second Johan Sverdrup Jacket Contract
Kvaerner will sign the final contract for delivery of the drilling platform jacket to the Johan Sverdrup field. This is number 45 in a series of steel substructures from Kvaerner in the past 45 years.On 26 June 2014 Kvaerner entered into a frame agreement for delivery of steel jacket substructures…
11 September 2015
Ocean Installer Wins West African Contract
The contract is Ocean Installer's first major operation in West Africa following the creation of the Africa, Mediterranean and Middle East regional office in the second half of 2014."We are delighted to have been chosen for this job in a very competitive market and we are looking forward to cooperate…
10 September 2015
GE Oil & Gas and Statoil Sign Global Subsea Exploration Wellhead Frame Agreement
GE Oil & Gas has been awarded a four-year framework agreement to provide wellhead equipment and associated services to Statoil with the option of two, two-year extensions.GE Oil & Gas will provide its DWHC MS-700 SFX and MS-800 SFX wellhead systems to Statoil. The wellhead systems are designed to be…
10 September 2015
Low Oil Price Accelerating Decommissioning in the UKCS
A high oil price has enabled operators to extend field life and delay decommissioning time and time again on the UK continental shelf (UKCS), however the current low oil price has brought into stark relief that this cannot continue indefinitely concludes a new analysis by Wood Mackenzie. The report, prepared…
10 September 2015
Great Interest in APA 2015
At the application deadline for awards in predefined areas (APA) 2015 on the Norwegian continental shelf, the authorities had received applications from 43 companies.That is about the same level as last year.Interest is greatest in the Norwegian Sea, but there is also an increase in the Barents Sea."We are pleased…
9 September 2015
North Sea Industry Anticipates £2 Billion Cost Improvement by 2016
Oil & Gas UK's Economic Report published today (9 September 2015) reveals the impact of the challenging business environment on the offshore oil and gas industry and provides the first signs that the sector's efforts to restore international competitiveness are starting to take effect.The annual report, published by the UK…
9 September 2015
Total Saves Times with Sonardyne Fusion 6G at Egina
French oil major Total, operator for the Egina oil field offshore Nigeria, together with its construction and survey partners, has successfully installed a Fusion 6G subsea positioning network to support its development of the $15 billion project. Supplied by Sonardyne International Ltd, UK, the acoustic technology specified for Egina, which…
9 September 2015
U.K. North Sea Oil Industry Warns Investment May Fall 80%
Investment in U.K. North Sea oil and gas projects could drop as much as 80 percent by 2017 as the collapse in oil prices forces the industry to cut back.Capital investment across the industry of 14.8 billion pounds ($22.8 billion) last year will probably decline by 2 billion to 4…
9 September 2015
Oceaneering Announces Shell Appomattox Umbilical Contract
Oceaneering International, Inc. (NYSE:OII) announced that it secured a contract from Shell to supply umbilicals for the deepwater Appomattox development located in the Mississippi Canyon area of the U.S. Gulf of Mexico.The order is for electro-hydraulic steel tube control umbilicals, totaling approximately 60 kilometers (37 miles) in length. Product manufacturing…
8 September 2015
Bibby Offshore Delivers Double in Decommissioning
Bibby Offshore has this year delivered two multimillion pound decommissioning contracts to the UK Continental Shelf.Endeavour Energy appointed Bibby Offshore to perform operations in the Renee and Rubie fields located in blocks 15/27 and 15/28 of the Central North Sea, approximately 115km east of Aberdeen. The 60 day agreement, which…
8 September 2015
Wintershall Awards Rig Contract for Maria Development
Wintershall Awards Rig Contract to Odfjell Drilling for the Deepsea Stavanger drilling unit / Contract value approximately 175 million US DollarWintershall, Germany's largest internationally active oil and gas producer, has awarded a major rig contract for the Maria Field to Odfjell Drilling. The contract for the Deepsea Stavanger semi-submersible rig…
8 September 2015
Technip Wins Flexible Pipe Contract in Offshore East Malaysia
Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali Sdn Bhd (PCSB) for D18 Project.The project covers the procurement and installation of two 8" water injection flexible pipes totalling 9.5 kilometers. The flexible pipes will connect three fixed jacket platforms which form the existing D18…
7 September 2015
MMT Wins Call-Off Contact with Shell in Europe
MMT are very pleased to announce that we have signed a call-off Contract with Shell in Europe for ROV survey services.The call-off contract covers a survey program with various types of surveys and MMT are especially pleased for Shells interest in MMT´s new SROV – Surveyor Interceptor ROV."This is a…
7 September 2015
Shareholders Agreement Signed on Nord Stream II Project
As part of the Eastern Economic Forum, Alexey Miller, Chairman of the Gazprom Management Committee, Kurt Bock, Chairman of the BASF Board of Executive Directors, Klaus Schaefer, Member of the Management Board of E.ON, Pierre Chareyre, Executive Vice President of ENGIE, Rainer Seele, Chairman of the Executive Board of OMV,…
7 September 2015
Smørbukk South Extension in Production
Two and a half years after project sanction, production commences from Smørbukk South Extension. The offshore project at the Åsgard field is a world class project in production from tight formations.Through a combination of wells with long well sections and new completion technology, oil and gas are now produced from…