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11 August 2015
Brazil's Subsalt Polygon Could Hold 176 Billion Barrels of Oil
Brazil's Subsalt Polygon, an offshore area that has already yielded some of the world's largest recent oil finds, may hold enough undiscovered petroleum and gas to supply the world's current oil needs for more than five years, researchers said.The Polygon, which covers most of Brazil's Santos and Campos offshore sedimentary…
10 August 2015
Oceaneering Acquires Equity Interest in Viper Subsea
Oceaneering International Services Ltd has acquired a minority equity interest in Viper Subsea Technology. Oceaneering International Services Ltd is a UK based subsidiary of Oceaneering International Inc, a NYSE listed company and is a global oilfield provider of engineered services and products primarily to the offshore oil and gas industry,…
10 August 2015
BAM Clough Secures Woodside Marine Services Contract
Engineering and project services company Clough Limited today announced that Woodside Energy Limited (Woodside) has awarded the BAM Clough Joint Venture the Marine Installation Services contract for the Karratha Gas Plant Life Extension Integrated Marine Campaign project.The contract involves project management and installation engineering works associated with replacing existing equipment…
10 August 2015
Deep Down Receives Orders Totaling More Than $2 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 orders for flying leads and offshore services, all for the Gulf of Mexico, valued in excess of $2 million.The offshore services will be performed within the next…
10 August 2015
IMCA Publishes Worldwide ROV Stats For 2014
The International Marine Contractors Association's (IMCA) 2014 survey of remotely operated vehicle (ROV)s, and ROV personnel reveals that in February 2014 a total of 3,369 ROV personnel (superintendents, supervisors, pilot techs and other offshore ROV support personnel) were working, and in August the total figure was 3,617. The total number…
10 August 2015
Lukoil Obtains Financing for Stage Two of Shah Deniz Project
Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas Shah Deniz Ltd. (a fully-owned PJSC LUKOIL subsidiary) has signed in Baku a 12 year credit-facility agreement with a consortium of banks to borrow USD 1 billion.Of that amount, USD 560 million…
7 August 2015
Bluewater Awarded a Contract for Major Turret Mooring System for Rosebank Project
Bluewater Energy Services B.V. is pleased to announce the award of a contract from Hyundai Heavy Industries (HHI) for the engineering, procurement, construction and integration (EPCI) of a major Turret and Mooring System for the Rosebank Floating Production, Storage and Offloading (FPSO) vessel.This Turret and Mooring System will be a…
6 August 2015
Aqualis Offshore Signs Liftboat Deal
Aqualis Offshore, part of Aqualis ASA, has been contracted by Mekers Offshore Ltd to supervise the construction of the Zhejiang-based company's two new liftboats. Contract value is undisclosed.Mekers Offshore's two liftboats will be built by Dajin Heavy Industries in China. Aqualis Offshore will operate as Mekers Offshore's on-site team to…
6 August 2015
Record lift for Seaway Heavy Lifting
On Sunday 2nd August at 09.30 am our crane vessel Oleg Strashnov successfully installed the Process Unit (PU) topside for operator GDF SUEZ E&P UK Ltd (part of the ENGIE Group), and partners Centrica Energy and Bayerngas.The Oleg Strashnov set a new lift record for Seaway Heavy Lifting with the…
6 August 2015
DOF Secures IMR Contract in Gulf of Mexico
DOF Subsea North America has been awarded an IMR contract with Freeport McMoran for a period of 6 months firm and 2 x 6 months options. The operations will commence immediately and the vessel Harvey Deep Sea will be utilized under the contract.
5 August 2015
BP Confirms $1 Billion Investment in North Sea
BP has confirmed a bumper $1billion investment in one of its cornerstone North Sea assets.The cash injection is expected to add 15 years to the project – nearly doubling the site's lifespan.The North Sea pioneer revealed the billion dollar price tag exclusively to Energy Voice.The money will be funnelled into…
5 August 2015
Libra Area First Oil to Flow in 2017
The first oil output from a long-duration test in Brazil's giant Libra offshore area will flow in the first quarter of 2017, platform joint operator Odebrecht Oil & Gas (OOG) said on Tuesday.That is later than the 2016 second-half start forecast in June by Brazil's state-run oil company Petroleo Brasileiro…
5 August 2015
Successful Appraisal Well on the Edvard Grieg Field
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling and logging of appraisal well 16/1-23 S on the Edvard Grieg field in the Norwegian North Sea. The well was located in PL338 and was drilled approximately 2.4 km southeast of…
4 August 2015
World Bank Approves $700M Investment in Ghana's Sankofa Gas Project
The World Bank's Board of Directors approved a record investment of $700 million in guarantees for Ghana's Sankofa Gas Project - a transformational project that will help address the country's serious energy shortages by developing new sources of clean and affordable natural gas for domestic power generation.The Board approved a…
4 August 2015
Ceona Join Forces with Interoil Angola
Ceona, SURF contractor with heavy subsea construction capabilities, has expanded its West African reach after entering into a strategic partnership with Interoil Angola Lda.The partnership will see Interoil Angola, which is a key player in offshore support vessel management in West Africa, support Ceona's plans to expand into Angola. Ceona…
4 August 2015
Peregrino Marks 100 Million Barrels Produced
After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 million barrels of oil produced since April 2011.The field, jointly owned by Statoil and Chinese Sinochem, achieved the milestone on August 2."We are pleased to have reached a…
3 August 2015
Atlantic Petroleum Announces the Completion of the Sale of the Pegasus Discovery
Atlantic Petroleum today announced that its subsidiary Atlantic Petroleum UK Limited has completed on the sale and purchase agreement with Third Energy Offshore Limited for the sale of Atlantic Petroleum's interests in P1724 (UK Block 43/13b which contains the Pegasus West Gas Discovery), P1727 (UK Blocks 43/17b and 43/18b) and…
3 August 2015
Gazprom and BASF Agree to Cooperate Within Nord Stream II Project
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Hans-Ulrich Engel, Member of the BASF Board of Executive Directors signed in Berlin today a Memorandum of Intent stipulating the cooperation within the project for constructing the Nord Stream II gas pipeline.The document reflects the parties' intents to implement a…
3 August 2015
BG Group Starts Up FPSO in the Santos Basin
BG Group (LSE: BG.L), a world leader in exploration and LNG, today announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the Group's significant discoveries in the Santos Basin, offshore Brazil. The FPSO will produce from the…
30 July 2015
Subsea 7 Awarded Contract Offshore Egypt
Subsea 7 today announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt. The contract is the first phase of Egypt's West Nile Delta project where field development…
30 July 2015
Wood Group Awarded FEED Contract from Woodside
Wood Group has secured a new contract to carry out front-end engineering and design (FEED) for the Woodside operated proposed Browse Floating Liquefied Natural Gas (FLNG) Development, offshore Western Australia.Wood Group Kenny (WGK) will perform all design engineering for the insulated production flowline system required for the asset's offshore gas-condensate…
30 July 2015
Sea Trucks Returns to the Gulf of Mexico
Sea Trucks Group has announced the recent award of a charter for the Jascon 31 in the Gulf of Mexico. The state of the art DP3 Accommodation Construction vessel will start sailing soon from West Africa to the Gulf of Mexico.Sea Trucks will provide accommodation support services, lifting operations and…
29 July 2015
More Oil from Gullfaks
Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started on 27 July. GSO will increase the output from the Gullfaks area by around 65 million barrels of oil equivalent."GSO demonstrates how we can increase recovery and profitability by use of standardised, simplified…
29 July 2015
Enochdhu Safely Achieves First Production
Chevron Upstream Europe's Non-Operated Joint Venture (NOJV) team achieved another success with first production from the Enochdhu Field safely recorded on June 11, 2015. Chevron and ConocoPhillips (Operator) both have a 50 percent equity share in the Enochdhu field, developed by a single production well that was drilled and completed…
29 July 2015
Total Sells Minority Stakes in West of Shetland Fields
Total has signed an agreement to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Limited Ltd for £565 million (around $876 million), subject to the customary approvals."The sale of these minority interests is aligned…
28 July 2015
Dragados Offshore Loads out Mariner Jacket
Last Saturday, 25 July, the jacket of the Mariner project was loaded out. The Mariner jacket for Statoil is the largest jacket ever built by Dragados Offshore, with a total weight of 22.400 tons.The load-out manoueuvre was successfully carried out, as scheduled. Currently the sea-fastening activities are proceeding and sail-away…
28 July 2015
CAPE Holland Successfully Deploys New Vibro Lifting Tool
During its first commercial application, the newly developed Vibro Lifting Tool (VLT) of CAPE Holland has successfully installed 4 piles in up to 90m water depth. This installation is part of the pre-piling project for the Culzean Wellhead Platform jacket which will be installed next year. The VLT was used…
28 July 2015
Technip Awarded Malaysian FLNG Contract
Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first Floating Liquefied Natural Gas (PFLNG1) facility to KAKG-A platform in Kanowit field, located 200 kilometers offshore Bintulu, East Malaysia, at a water depth of approximately 80 meters.The contract covers…
28 July 2015
UK Awards Offshore Oil and Gas Exploration Licences
Oil and gas exploration on the UK Continental Shelf received a welcome boost today when the Oil and Gas Authority – the UK oil and gas regulator – announced the remaining winners from the 28th Offshore Licensing Round.The 41 new licences awarded today in addition to the 134 confirmed in…
27 July 2015
MMT Wins UXO Contract for Race Bank
MMT has been granted a contract from DONG Energy Wind Power for UXO inspections and excavations of various contacts with option on disposal and removal at Race Bank Offshore Wind Farm, off the east coast of England.The Race Bank project is planned with 91 wind turbine generators, two offshore substations…
27 July 2015
Harkand Achieves Two Survey Firsts in Mexico
Harkand has successfully carried out the first ever free inertial metrology in Mexico's waters and at a new depth for this approach in the region.The global inspection, repair and maintenance company achieved the survey results for their client at a depth of 380fsw in the Bay of Campeche, setting a…
24 July 2015
Damen Launches SSV Maersk Connector
Thursday 23 July saw senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group gather at Damen Shipyards Galati, Romania to witness the launching of subsea support vessel Maersk Connector. The vessel is owned and operated by Maersk Supply Service and is built to contract for a…
23 July 2015
Iran Eyes $185 Billion Oil and Gas Projects after Sanctions
Iran on Thursday outlined plans to rebuild its main industries and trade relationships following a nuclear agreement with world powers, saying it was targeting oil and gas projects worth $185 billion (£118.6 billion) by 2020.Iran's Minister of Industry, Mines and Trade Mohammad Reza Nematzadeh said the Islamic Republic would focus…
23 July 2015
Statoil Make Gas and Condensate Discovery in the North Sea
Operator Statoil and its PL146/PL333 partner Total E&P Norge have made a gas and condensate discovery in the Julius prospect in the King Lear area in the North Sea.The discovery well 2/4-23S, drilled by Maersk Gallant, proved gas and condensate in the Ula formation. Statoil estimates the volumes in Julius…
23 July 2015
SMD Supply Work Class ROVs to China’s COOEC
SMD have announced the delivery of three Quantum Work Class ROV (WROV) systems to China's largest offshore engineering construction company, COOEC Subsea Technology Co Ltd.SMD were awarded contracts to supply COOEC with three Quantum MkIII 3000m rated WROV systems in the first quarter of 2015. The orders include one 12Te…
22 July 2015
First Well Spudded on the Gina Krog Field
Drilling of the first production well at the Gina Krog field has started, just eight days after the drilling rig arrived at the North Sea field.The drilling started on 20 July just after 18:00 CET. The Maersk Integrator rig will drill wells until sometime in 2019."We will now drill and…
22 July 2015
Global Marine Lands Subsea 7 Contract
Global Marine has secured a contract that will see it provide personnel and equipment that will support the delivery of a submarine fibre optic link between platforms on behalf of client, Subsea 7, a global leader in subsea engineering and construction, and end user BP.Global Marine will be providing highly…
22 July 2015
Exxon’s Guyana Oil Discovery May Be 12 Times Larger Than Economy
An Exxon Mobil Corp. discovery in the Atlantic Ocean off Guyana may hold oil and natural gas riches 12 times more valuable than the nation's entire economic output.The Liza-1 well, which probably holds the equivalent of more than 700 million barrels of oil, may begin producing crude by the end…
21 July 2015
InterMoor Completes Contract Offshore Trinidad and Tobago
InterMoor Inc., an Acteon company, has completed its role in the largest foundation installation project offshore Trinidad and Tobago to date. The final stage of the project involved hooking up Diamond Offshore Drilling Inc.'s Ocean Victory semisubmersible drilling rig to the preset mooring spread InterMoor had previously installed. This step…
21 July 2015
First Production from Dalia Phase 1A Offshore Angola
Total has started production from Dalia Phase 1A, a new development on its deep offshore operated Block 17, located 135 km off the coast of Angola. Dalia Phase 1A will develop additional reserves of 51 million barrels (Mb) and will contribute 30,000 barrels per day (b/d) to the block's production."The…
21 July 2015
TAP AG selects Technip for a contract for Project Management Services
Technip has been awarded by TAP(1) a Project Management Consultancy (PMC) Services contract, for a project designed to transport gas from the Shah Deniz field to the European market.TAP project scope includes an approximately 870 kilometer long pipeline, which will start from the tie-in with the TANAP(2) portion of the…
20 July 2015
Statoil to Start World's First Subsea Gas Compressor in September
Norway's Statoil plans to commission in September the world's first subsea gas compression facility, a technology that could prove significant for oil companies as they seek to move offshore equipment to the seabed, away from ice and storms.Statoil called the facility, supplied by Norway's Aker Solutions, "a quantum leap" in…
20 July 2015
Centrica to Boost Production from Morecambe Bay
A new project to boost gas production from Morecambe Bay is set to take Centrica Energy's current investment in the region past the £100 million mark and unlock new gas reserves.Work to tap into new reserves in the North Morecambe field will start this month, unlocking up to an additional…
17 July 2015
DeepOcean Wins Renewables Contract in Belgium
DeepOcean 1 UK Ltd, a subsidiary of DeepOcean Group Holding BV (DeepOcean), today announces that company has been awarded the inter array cable installation contract for the Bligh Bank Phase II Offshore Wind Farm offshore Belgium.Nobelwind NV is developing the Bligh Bank Phase II Offshore Wind Farm with fifty 3.3MW…
16 July 2015
Top Deck for Hejre Installed in Okpo
On Saturday 11 July 2015, the top deck for the Hejre platform was smoothly lifted into place at the DSME yard in Okpo, South Korea.The top deck was the last deck to be installed on the Hejre oil platform topside. Using two large crawler cranes, the procedure involved a tandem…
16 July 2015
Edvard Grieg Topside Modules Successfully Installed
Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the installation of the topside modules on the Edvard Grieg field, offshore Norway.The Edvard Grieg topside installation consisted of lifting four modules onto the pre-installed jacket – the main deck frame, the utility…
16 July 2015
Subsea 7 and KBR form Global Alliance
Subsea 7 announced today that it has signed an agreement to form an alliance with Houston-based KBR, Inc. (KBR) and its wholly owned subsidiary, Granherne Inc. (Granherne), to collaborate in the delivery of Concept and Front End Engineering and Design (FEED) services to the global offshore oil and gas industry.The…
15 July 2015
Sembcorp Marine to Build World’s Largest Semi-Submersible Crane Vessel
Sembcorp Marine has announced that it has entered into an Engineering and Construction contract worth approximately USD1 billion with Heerema Offshore Services B.V. (HOS) to build a new DP3 semi-submersible crane vessel (NSCV). This follows an earlier exclusive letter-of-intent signed between SCM's wholly owned subsidiary Jurong Shipyard Pte Ltd and…
15 July 2015
Harkand Makes Strategic Moves Affirming Financial and Operational Resolve
Harkand's key shareholder Oaktree Capital Management has reaffirmed a strong commitment with an additional $25 million (USD) of funding which will allow the company to expand its footprint in new and existing regions.As well as maintaining its operations in current market conditions, the global inspection, repair and maintenance company has…
15 July 2015
Petrovietnam Signs MOU with Murphy Oil USA
In the framework of the official visit to the United States, on 8th July 2015 afternoon at the U.S Chamber of Commerce, the General Secretary of Vietnam's Communist Party Nguyen Phu Trong witnessed the signing of important cooperation documents between enterprises of Vietnam and the United States.Mr. Nguyen Xuan Son,…