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7 September 2015

EMAS Wins Trinidad and Tobago Contract

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 its subsea services division, EMAS AMC, has finalized a contract with BHP Billiton for the Angostura phase 3 development offshore Trinidad and Tobago in…

4 September 2015

Ceona Defaults on Polar Onyx Payment

Ceona the UK Subsea contractor has reportedly defaulted on a payment under the vessel charter for the Polar Onyx construction vessel. GC Rieber has announced the charter agreement, signed in March 2014, has now been terminated.In March 2014, GC Rieber Shipping entered into a five-year time charter agreement with Ceona…

4 September 2015

Plan for Development and Operation (PDO) Approved for Maria Development

Government approval for Wintershall's first operated development in Norway / BASF subsidiary moves ahead with field development.Wintershall and its partners Petoro and Centrica have today received approval by the Ministry of Petroleum and Energy for the plan for development and operation (PDO) for the Maria development, offshore Norway. Germany's largest…

3 September 2015

​BG Says European Commission Signs Off on Shell Bid

BG Group Plc said the European Union's antitrust regulators had approved Royal Dutch Shell Plc's $70 billion takeover bid for the oil and gas producer.The deal, which will help Shell compete better with world No. 1 oil major ExxonMobil, has already received the green light from regulators in the United…

2 September 2015

​Second Culzean Contract for Heerema

Heerema Fabrication Group has been awarded the Engineering, Procurement & Construction contract of the Culzean jackets for both the central processing facilities platform and the utility & living quarter platform. The client is Maersk Oil North Sea UK Limited, operator of the Culzean field in the North Sea.This contract is…

2 September 2015

Xodus Awarded North Sea Decommissioning FEED Contract

Xodus Group has been awarded a contract with Nexen Petroleum U.K. Limited to provide Front End Engineering and Design (FEED) services in support of the decommissioning of the Ettrick and Blackbird fields in the central North Sea.The workscope will assess the best practice decommissioning methods for the main items of…

2 September 2015

Malampaya Depletion Compression Platform Installation Complete

Installation is complete for the Malampaya Depletion Compression Platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea. Arup helped deliver the new platform that will ensure a steady supply of natural gas to the Philippines.The completed facility supports the extension of the only indigenous producing…

2 September 2015

​Neptune Awarded Technip Saturation Diving Manning Services Contract

Neptune Marine Services Limited (ASX: NMS, Neptune or the Company) is pleased to announce it has been awarded a saturation diving manning services contract by Technip in Oceania on Chevron's Wheatstone project.The contract includes the provision of saturation diving manning services to assist with the project spool installation. Works are…

1 September 2015

Mariner Jacket Safely Placed on the Sea Bed

The steel jacket for the Statoil operated Mariner field on the UK Continental shelf (UKCS) has now been safely placed on the sea bed in the field.Following the sailaway from the Dragados Offshore yard in Cadiz, Spain on 10 August, the Mariner jacket recently spent a week in the sheltered…

1 September 2015

Subsea 7 Wins Culzean SURF Contract

Subsea 7 has announced the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil with a value in excess of USD 150 million for the Culzean development. The ultra-high pressure, high temperature field, one of the largest gas discoveries offshore UK, is located in Block 22/25…

31 August 2015

​Largest Field Discovered in UK North Sea for 10 years Approved for Development

The development of the largest new field discovered in the UK North Sea for a decade has been approved by the UK Oil & Gas Authority. The Maersk Oil operated high pressure, high temperature (HPHT) Culzean field in the UK Central North Sea is expected to produce enough gas to…

31 August 2015

Eni Discovers a Supergiant Gas Field Offshore Egypt

Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt's Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in the Shorouk Block, signed in January…

28 August 2015

​IKM Testing Acquires Oceaneering's Onsite Machining & Cutting

The IKM Group announces today that IKM Testing has entered into a purchase agreement to acquire Oceaneering's Norwegian Onsite Machining & Cutting business. Onsite Machining includes Flange Facing, Pipe Cutting and Beveling, Line and Hole Boring and Plane and Groove Milling. The topside Cutting services include Abrasive Water Jet Cutting,…

27 August 2015

Chiyoda Takes a Bite of Ezra Holdings

Ezra Holdings Limited ("Ezra") and Chiyoda Corporation ("Chiyoda") today announced that they have signed a binding Memorandum of Understanding ("MOU") for Chiyoda to invest in Ezra's Subsea Services business, EMAS AMC, to form EMAS CHIYODA Subsea – a 50:50 Joint Venture.About Ezra and ChiyodaFounded in 1992, Ezra is a leading…

27 August 2015

​McDermott Awarded Lump Sum Contract by Saudi Aramco

McDermott International, Inc. (NYSE:MDR) announced today it has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia.Work on the contract is expected to be executed through the second quarter of 2018. The award follows the June 2015 signing of a second…

27 August 2015

ONGC Submits Draft Field Development Plan

Indian State-owned Oil and Natural Gas Corp (ONGC) has submitted to oil regulator DGH a draft field development plan (FDP) for beginning oil and gas production from its KG-basin D5 block by 2018-19.ONGC board earlier this month approved submission of the draft FDP for one set of oil and gas…

27 August 2015

Amec Foster Wheeler Awarded Integrated Services Contract by Maersk Oil

Amec Foster Wheeler announced today the award of a three year Integrated Services Contract (ISC) by Maersk Oil, an international oil and gas company and a fully-owned subsidiary of the global conglomerate, the Maersk Group.The value of the contract has not been announced. The integrated services will start in September…

27 August 2015

LR to Class World’s Largest Heavy Lift Crane Vessel

LR has won a contract to class the world's largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group. The semi-submersible vessel will be constructed at the newly opened Sembcorp 'Mega yard' in Singapore.The dual-fuel LNG and MGO vessel is due to be delivered in the fourth quarter of…

27 August 2015

Ulstein Launches their Largest Offshore Construction Vessel

Ulstein have launched their largest offshore construction vessel to date for Island Offshore/Edison Chouest Offshore, the vessel was launched from the dock hall at Ulstein Verft. Currently, the heli deck is being mounted. Measuring close to 160 m in length, and with at beam of 30 m, this makes her…

27 August 2015

​Total Sells North Sea Midstream Assets for £585 million

Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million), subject to the customary approvals."The sale of these midstream transportation assets is another example of…

26 August 2015

Schlumberger Announces Agreement to Acquire Cameron

Schlumberger Limited (NYSE: SLB) and Cameron (NYSE: CAM) today jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies.Under the terms of the agreement, Cameron shareholders will receive 0.716…

26 August 2015

Fugro's new GeoWing System Detects UXO in Challenging Environments

Fugro has undertaken successful trials of its new GeoWing, a system designed to detect low ferrous content unexploded ordnance (UXO) items in challenging marine environments.The new GeoWing system is especially beneficial for subsea construction projects, such as wind farms and cable route developments, particularly in magnetically 'noisy' marine environments and…

26 August 2015

Petrex Completes BW Athena Inspection

Petrex have successfully completed the inspection of the BW Athena Dynamic Flexible Riser/Umbilical Systems, FPSO Mooring System and Hull for North Sea operator Ithaca Energy UK Ltd.The BW Athena Flexible Riser System consists of three flexible risers, two dynamic umbilicals, a mid-water arch (MWA) with associated tethers and MWA base.…

26 August 2015

Gullfaks Wet Gas Compressor Approved to Start Up

The Norwegian Petroleum Directorate has granted the licensees of Gullfaks Sør consent for start-up and operation of new subsea wet gas compressor and umbilical on the Gullfaks field in production licence 050.The Gullfaks project is the second major seabed gas compression project that will be initiated, after the Norwegian Petroleum…

25 August 2015

​Sonangol and Cobalt Announce US$1.75 Billion Transaction

The Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola – Empresa Pública ("Sonangol") and Cobalt International Energy, Inc. ("Cobalt") have announced the signing of a Sale and Purchase Agreement for Sonangol to acquire all of Cobalt's 40% participating interest in Blocks 21/09 and 20/11 offshore Angola (the "Blocks") for…

25 August 2015

Gazprom Brings Second Prirazlomnoye Well into Production

Gazprom Neft has brought its second well into production at the Prirazlomnoye field, with output totalling 1,800 tonnes per day. The launch of this facility, as planned, will see production increase more than two-fold in comparison with 2014 production levels at Prirazlomnoye, which stood at 300,000 tonnes. The depth of…

25 August 2015

​Royal IHC Launches 5th Pipelaying Vessel for Sapura Navegação Marítima

Royal IHC has successfully named and launched the pipelaying vessel, SAPURA RUBI, in a ceremony at the company's shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the fully integrated vessel was performed by Ms. Glaucia Maciel, Human Resource Manager of Sapura Navegação Marítima S.A.The SAPURA RUBI is…

25 August 2015

​Tenaris to Supply Maersk's Culzean Project

Tenaris has been awarded a contract to supply casing and related services for Maersk Oil North Sea UK Limited's Culzean project. This ultra high pressure/high temperature gas project is located in the United Kingdom's North Sea continental shelf and accounts for six HPHT production wells together with one PWRI well.…

21 August 2015

Polarled Crosses Arctic Circle

On Friday 21 August the Polarled gas pipeline crossed 66 degrees and 33 minutes north of the equator and became the first pipeline to cross the Arctic Circle. This pipeline will open an entirely new gas highway from the Norwegian Sea to Europe.The 482-kilometre long and 36-inch wide pipeline will…

21 August 2015

​Johan Sverdrup Development Approved

The plan for development and operation (PDO) for Johan Sverdrup, phase one, was approved by the Ministry of Petroleum and Energy Thursday, 20 August.In addition the associated plans for installation and operation (PIO) for transportation pipelines and power supply from shore were approved."We are delighted that the development plan for…

20 August 2015

Production to Begin at Goliat Soon

Italian energy group ENI plans to start oil production from Norway's first Arctic oil development in a few weeks after years of delays and cost overruns.Production from the Goliat field, estimated to hold about 174 million barrels of oil, was originally expected to start in 2013, and the latest deadline…

19 August 2015

​New Milestone for Alvheim

The accumulated oil production for the Alvheim-area passed 300 million barrels of oil 17 August 2015. This is above expectations."The field has delivered excellent results and been further developed with new wells and fields since start-up in June 2008. The positive development does not end here because there is still…

19 August 2015

Ultra Deep Solutions to Build Another DSV

Ultra Deep Group (UDS) has signed another contract with China Merchants Heavy Industry to build one Ultra Deep Installer – Multipurpose Diving Support Construction Vessel. This marks another important milestone in the history of UDS, in line with the company's strategic plan to spearhead the development and operation of efficient,…

19 August 2015

​OneSubsea to Supply Subsea Pump System

OneSubsea, was awarded a contract in the second quarter of 2015, to supply subsea processing systems for the Shell Offshore Inc. Stones development in the Gulf of Mexico. This award follows a Technology Qualification Program and will deliver the industry's first 15,000-psi subsea pump system, to be installed in the…

18 August 2015

​Aquatic Awarded a Moho Nord Subsea Project Contract

Aquatic Engineering and Construction Ltd, an Acteon company, has been awarded a multi-million pound contract on the $10 billion Moho Nord subsea project, off the coast of the Republic of Congo, West Africa. The contract was awarded by a UK-based subcontractor working for Total E&P Congo. Aquatic's ten-month campaign portion…

18 August 2015

Shell Gets Final Nod to Drill in Arctic

The Obama administration granted Royal Dutch Shell final clearance on Monday to resume drilling for oil and gas in the environmentally fragile Arctic Ocean for the first time since 2012, a move green groups vowed to fight.The U.S. Department of the Interior permit allows Shell to drill in the oil-rich…

18 August 2015

​Amec Foster Wheeler Wins Upper Zakum Field Contract Extension

London, United Kingdom – Amec Foster Wheeler announces today the company has been awarded an extension to its existing Project Management Consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) field, located 84 kilometres north-west of Abu Dhabi. The value of the contract has not been announced.The…

17 August 2015

KrisEnergy Flows Oil at Wassana

The Wassana oil field commences production from the first development well in 15 months after KrisEnergy took over operatorship of G10/48. Production is expected to reach a peak rate of approximately 10,000 bopd by year end.KrisEnergy an independent upstream oil and gas company, announced that oil production from the Wassana…

17 August 2015

Double Contract Win for Wood Group in Vietnam

Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam; estimated to contain around 67 million barrels of oil equivalent.Wood Group Kenny (WGK) will carry out comprehensive flow assurance studies and full FEED…

17 August 2015

​Israel Cabinet Approves Deal to Develop Leviathan

Israel's cabinet has approved a deal with a U.S.-Israel consortium that would move forward development of the huge Leviathan natural gas field off Israel's Mediterranean coast.The controversial deal reached late last week, which Prime Minister Benjamin Netanyahu believes will bring Israel billions of shekels in the coming years from the…

14 August 2015

Further Development in the Alvheim Area

This week the first oil from the second well at Bøyla flowed the 28 kilometers to Alvheim. The Boa extension manifold were safely installed on the seabed Wednesday morning. Boa is a part of the IOR-project on Alvheim. Production start-up is expected in the second quarter of 2016.The production vessel…

14 August 2015

​OMV CEO Confident of EU Nod for Nord Stream

Austrian oil and gas group OMV Chief Executive Rainer Seele expects the European Commission to give the green light for the Nord Stream 2 gas pipeline project from Russia to Central Europe, he told a news conference on Wednesday.Gazprom's current partners in Nord Stream 2, a planned pipeline to German…

14 August 2015

ONGC to Spend $7 Billion on East Coast Block

India's top energy explorer Oil and Natural Gas Corp (ONGC.NS) could spend up to $7 billion to develop its block off the country's east coast and expects to begin gas production there in 2018, its chairman said on Thursday.ONGC's block in the Krishna-Godavari basin should produce 77,000 barrels per day…

13 August 2015

Subsea Installation Begins at Johan Sverdrup

The first piece of the Johan Sverdrup development has now been completed and installed on the field in the North Sea.It was Heerema Marine Contractors' crane vessel "Thialf" that completed the installation of the 280-tonne pre-drilling template on the Johan Sverdrup field."We have completed and installed the first piece of…

12 August 2015

Lundin Petroleum make Oil Discovery near Edvard Grieg

Lundin Norway AS (Lundin Norway) has announced that the drilling of exploration well 16/4-9 S on the Luno II North prospect has resulted in an oil discovery. The well is located in a separate subbasin northwest of the Luno II discovery in PL359 in the central North Sea sector of…

11 August 2015

​Mariner Jacket on its way to the North Sea

The steel jacket for the Statoil operated Mariner A platform on the UK Continental Shelf (UKCS) left the Spanish Dragados yard yesterday, 10 August, and is now on its way to the North Sea.Construction of the large platform sub-structure started in October 2013 and was completed in May this year,…

11 August 2015

​First Subsea Completes Goliat Bend Stiffener Connections

First Subsea has successfully completed the installation of bend stiffener connections for gas lift and production risers, power cables and umbilicals, for the Goliat FPSO in the Norwegian Barents Sea. Operated by ENI Norge AS, the Goliat FPSO is the first offshore oil development in Norway's Arctic region, in the…

11 August 2015

Maersk Spuds North Sea Well

Exploration drilling has begun today on the Tvillingen South prospect in production licence 510 in the Norwegian Sea.The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 28 km southeast of the Kristin field. The well, 6406/6-4-S, will be drilled with Leiv Eiriksson.Partners in the licence are Maersk…

11 August 2015

Harkand Completes $10.5 Million DSV Upgrade

Harkand has successfully completed the $10.5million (USD) upgrade of its Gulf of Mexico based dive support vessel (DSV) Swordfish. Originally built in 2007, the Swordfish is the youngest DSV in this region and has been upgraded to the highest safety standards in the offshore industry.The fully International Marine Contractors Association…

11 August 2015

PEMEX Awards Offshore Engineering to Wood Group

Wood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement International for field development in Mexico's Gulf of Mexico waters. The agreement, valued at up to US$28 million, encompasses deepwater and complex shallow water concept and basic engineering, and owner engineer services.Work will be performed by…