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23 June 2015

Harkand Signs 3 Year ACFM Equipment and Support Agreement with TSC

TSC Inspection Systems and Aberdeen's subsea IMR specialists Harkand are proud to announce the signing of a three year frame agreement covering the supply of subsea diver deployed ACFM® Products, Technical Support, ACFM® Operators and Competency Training."We are extremely delighted to be moving forward with our partnership with Harkand ISS"…

23 June 2015

Tenaris Awarded Contract for Statoil’s Mariner Project

Statoil has awarded Tenaris the contract for the supply of casing, tubing and all related services for the Mariner Project .Discovered in 1981, Mariner is the largest field development on the United Kingdom continental shelf in more than a decade. Estimated to hold approximately 250 MMbbl of recoverable oil, the…

23 June 2015

Pile Installation Equipment Strengthens Saipem's Grip

Houlder has delivered pin pile installation equipment to Saipem as part of the Shah Deniz gas field development in the Caspian Sea.The development, 100km from Baku, Azerbaijan, requires the installation of eight steel jacket foundations for two new platforms. These are to use pin pile foundations temporarily prior to the…

22 June 2015

Gina Krogg, Largest Launch Jacket Built by HFG, sets Sail

With the sail away on Friday 19 June 2015 Gina Krog, the largest launch jacket ever built by Vlissingen yard of Heerema Fabrication Group (HFG), is ready for installation. The over 17,000 tons jacket for client Statoil & Partners started its journey for final destination, the Gina Krog field on…

22 June 2015

Total and Gazprom Look at Cooperation Prospects

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Patrick Pouyanne, Chief Executive Officer and President of the Executive Committee of Total took place today as part of the St. Petersburg International Economic Forum 2015.The parties looked at the key issues of the current and future…

19 June 2015

Aker Solutions and Baker Hughes to Cooperate on Early-Phase Oil and Gas Studies

Aker Solutions and Baker Hughes agreed to cooperate on early-phase studies to help customers improve the overall economics and value of oil and gas field developments.Aker Solutions' Front End Spectrum unit and Baker Hughes' Reservoir Development Services group will provide customers with development concept studies that address the entire value…

19 June 2015

​Gazprom, E.ON, Shell and OMV to Build New Gas Pipeline

Alexey Miller, Chairman of the Gazprom Management Committee, Klaus Schaefer, Member of the Management Board of E.ON, Ben van Beurden, Chief Executive Officer of Royal Dutch Shell and Manfred Leitner, Member of the Executive Board of OMV signed Memorandums of Intent stipulating the cooperation among the said companies within the…

19 June 2015

Norwegian Parliament Approves Johan Sverdrup Development

"This is a milestone for Norway" says Minister Tord Lien. On Thursday the Norwegian Parliament approved the plan for development and operation of the first phase of the Johan Sverdrup field in the North Sea.Johan Sverdrup field is the largest oil field found on the Norwegian continental shelf in decades.…

19 June 2015

Gassco to become Operator for Johan Sverdrup Pipeline

Gassco is to take over as operator for the gas transport system from the Johan Sverdrup field in the North Sea when it becomes operational.The Storting (parliament) approved the plan for development and operation (PDO) of Johan Sverdrup on 18 June. This decision means that Gassco will become operator of…

19 June 2015

Life Extension Granted at Oseberg C Facilities

Statoil has received consent to extend use of Oseberg C and associated pipelines to March 2031.The Oseberg C facility is an integrated production, drilling and accommodation facility situated in the northern North Sea, in around 100 metres of water.Consent has been granted based on Statoil's documentation of assessments which conclude…

18 June 2015

​Harkand has Commenced Decommissioning Work in the Leadon Field

Harkand, has commenced decommissioning work in the United Kingdom Continental Shelf supporting Maersk Oil UK's work in the Leadon field.Earlier this year, the IRM firm secured a multi-million pound 12-month frame agreement with Maersk Oil in the region for the provision of its two dive support vessels (DSVs), the Harkand…

18 June 2015

Wintershall Divests Non-Operated Assets

Wintershall, a 100% BASF subsidiary, is further optimizing its portfolio by divesting assets in the four non-operated fields Knarr (20%), Veslefrikk (4.5%), Ivar Aasen (6.4615%) and Yme (10%) on the Norwegian continental shelf to Tellus Petroleum AS, a recently acquired 100% subsidiary of Sequa Petroleum N.V. At the same time,…

18 June 2015

Final Preparations Underway on the Goliat Platform

Final preparation of the Goliat platform, the world's largest and most sophisticated circular FPSO, is well under way in the Barents Sea.With more than 600 people now working offshore at the Goliat field, activity levels are high in order to prepare for production start-up later in the summer. While the…

18 June 2015

Petrovietnam Acquires Chevron's Vietnamese Assets

Vietnam Oil and Gas Group (Petrovietnam) has acquired 100% of the shares of the Chevron companies with assets in Vietnam and the operatorship that are part of the Block B, Block 48&95 and Block 52/97 projects, off Vietnam's continental shelf. These companies include Chevron Vietnam (Block B) Ltd, holding a…

18 June 2015

Statoil Contracts Worth more than £1b to UK Supply Chain

All the largest contracts for the operational phase on the Statoil operated Mariner field have been awarded to companies established in Aberdeen. Contracts awarded by Statoil Aberdeen to the UK supply chain have now surpassed a value of GBP 1 billion."In the tendering process for operational contract scopes we are…

17 June 2015

Wood Group Secures Malaysian Pipeline Contract

Wood Group Kenny (WGK) will support the Kebabangan Petroleum Operating Company (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia.The scope of work will include concept select studies and definition engineering on subsea heating options, thus preventing hydrates, for the 30km…

17 June 2015

OMV to Reduce Stake in Rosebank

OMV AG, Austria's biggest oil and gas company, is working with Barclays Plc as it seeks to sell part of its stake in a deepwater project in the U.K.'s North Sea, according to three people with knowledge of the matter.OMV, based in Vienna, is in early discussions with potential buyers…

17 June 2015

Statoil Nears Deal on Canadian Offshore Project

Norway's Statoil ASA is "weeks away" from reaching a deal with the government of Newfoundland and Labrador to develop the company's 600 million-barrel Bay du Nord oil discovery off the Canadian province's Atlantic coast, the province's premier said on Tuesday.Newfoundland Premier Paul Davis said the province was close to terms…

17 June 2015

Low Oil Price Hits $200 Billion in Mega-Projects

Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young said on Tuesday.Further project cuts and delays are likely as the industry…

16 June 2015

First Gas Production from L6-B in the Dutch North Sea

The unmanned mini-platform L6-B has started to produce natural gas off the Dutch North Sea coast. The first so called "Minimum Facility"-platform was built in just nine months and brought to its offshore location in June 2014. The advantage of this new generation of platforms is that they can be…

16 June 2015

Shell Arctic Drilling Rig Departs Seattle

A Royal Dutch Shell PLC drilling rig that will search for oil in the Arctic left its temporary base in Seattle on Monday for the trip north to Alaska as dozens of activists in kayaks tried to stop it, authorities said.Live television showed the rig being towed out of its…

16 June 2015

Ocean Installer to Work on Balder Field for ExxonMobil

Ocean Installer has been awarded its first call-off contract under a framework agreement with ExxonMobil Exploration & Production Norway AS (EEPNAS) for subsea well tie-back, engineering, IRM, ROV and associated services at the Balder field.The call-off contract comprises fabrication and installation of EDU (Electrical Distribution Unit) mud mat, transportation and…

16 June 2015

Ceona Appoints New CEO

Ceona, SURF contractor with deepwater subsea construction capabilities, has announced today that the company's executive vice president commercial and business development, Mark Preece, has been appointed as Chief Executive Officer (CEO).Mark takes over from current CEO, Steve Preston, who after 40 years in the industry has decided to retire from…

16 June 2015

DeepOcean Wins Five Year IMR Contract

DeepOcean has been awarded an Inspection. Maintenance, and Repair ("IMR") contract by BG Group. The five year contract covers all ROV based IMR work for BG Group on UK and Norwegian subsea assets. DeepOcean will use vessels from its North Sea based fleet for work under this contract."IMR is one…

16 June 2015

ExxonMobil Receives Consent to use Jotun A and Jotun B Beyond Planned Lifetime

Jotun is a oil field located around 25 kilometres north of Balder in the central North Sea. Water depth is 126 metres. The field has been developed using an accommodation, production and storage vessel, Jotun A (FPSO), and a wellhead facility, Jotun B.Production began in 1999 and was expected to…

15 June 2015

Statoil Gains Consent for Subsea Production at Gullfaks Sør

Statoil is the operator at Gullfaks Sør, in the Tampen area in the northern North Sea, south of the Gullfaks field. Gullfaks Sør has been developed using subsea templates tied back to the Gullfaks A and C facilities by underwater pipelines. Production began in 1998.Planned start-up is 1 June 2015.The…

15 June 2015

Ezra Secures Several Global Subsea Contract Wins

Ezra Holdings Limited ("Ezra" or the "Group"), a leading contractor and provider of integrated offshore solutions to the oil and gas ("O&G") industry, today announced that the Group's Subsea Services division, EMAS AMC, has clinched several global contracts, including one for rigid pipelay on the Aviat field development in the…

15 June 2015

Johan Sverdrup Drilling Services Contracts Awarded

Statoil has awarded Odfjell Drilling two contracts for drilling services on the Johan Sverdrup field. Deepsea Atlantic is awarded a three year contract for drilling production wells and Odfjell Drilling is also awarded a four year contract to provide platform drilling services on the Johan Sverdrup Drilling Platform.These two contracts…

12 June 2015

Lundin Petroleum Completes Drilling of Barents Sea Wells

Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the drilling of appraisal well 7220/11-2 and sidetrack 7220/11-2 A in the western part of the Alta discovery in PL609.The Alta discovery is located 10 to 20 km northeast of Lundin Petroleum's Gohta…

12 June 2015

EMAS AMC Concludes Pioneering Project on Aasta Hansteen

EMAS AMC, the subsea division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced successful completion of the transportation and installation of three subsea templates for the Aasta Hansteen field development project, operated by Statoil*."We are pleased…

10 June 2015

Decommissioning Contract Win for NorSea Group (UK)

NorSea Group (UK) Limited has won North-east Scotland's first major "small piece" decommissioning contract. Work has already begun on the six-month project which is being carried out at NorSea Group's Peterhead facility on behalf of Endeavour Energy and involves safe disposal of subsea manifolds and associated pipework from the Renee…

10 June 2015

TAP Issues Invitations to Tender for Offshore Section

Trans Adriatic Pipeline AG (TAP) has issued an Invitation to Tender (ITT) for Engineering, Procurement, Construction and Installation (EPCI) for the offshore section of the project. TAP's 36-inch offshore part across the Adriatic Sea – between the coastlines of Albania and southern Italy – will be approximately 105 km in…

10 June 2015

Installation of the Ivar Aasen Steel Jacket Completed

The steel jacket to the Ivar Aasen platform was lifted in place early this morning, and is now ready to be completed with the platform deck, which is under production on the SMOE yard in Singapore. First oil is expected in the fourth quarter 2016.The Ivar Aasen field is located…

10 June 2015

Seven Arctic Heavy Construction Vessel Shaping up for 2016

Construction of Subsea 7's state-of-the-art new heavy construction vessel, the Seven Arctic, is proceeding on schedule with the vessel targeted for delivery in 2016.The vessel, which is in dry dock at Hyundai Heavy Industries (HHI) in South Korea, is being readied for the installation of key capabilities including a 600t…

10 June 2015

​Mariner Pipelaying Started

Pipelaying for the Statoil-operated Mariner field on the UK Continental Shelf (UKCS) started Monday 8 June. Around 40 kilometres of pipelines for gas, oil and diluent will be installed on the seabed from pipelay vessel Seven Navica.The Mariner field is developed with a production, drilling and quarters platform (PDQ) and…

9 June 2015

Åsgard Subsea Gas Compression Lowered into Place

The installation of the modules that collectively constitute Åsgard subsea gas compression has commenced on the Åsgard field. Innovative technology at a depth of 300 metres will create 282 million extra barrels from the Åsgard field.A total of 22 modules will be installed and connected. These comprise two identical compressor…

9 June 2015

Lewek Constellation Sets Industry Record

EMAS AMC, the subsea division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced that its flagship subsea construction vessel, Lewek Constellation, has established an industry record for pipelay in the U.S Gulf of Mexico ("GOM")The Lewek Constellation…

9 June 2015

Vard Secures Contract to Build Subsea Vessel for Kruez Subsea

Vard Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured a contract for the design and construction of one Diving Support and Construction Vessel for Singapore-based Kreuz Subsea group.The vessel will be of VARD 3 17…

9 June 2015

Further Gas Discovery in the Aasta Hansteen Area

Statoil and PL602 partners have made a gas discovery in the Gymir prospect. With three discoveries in a row, an important progress has been made in unlocking full potential of the Aasta Hansteen area."Our 2015 exploration campaign around Aasta Hansteen has proven an upside potential in the area. The estimated…

8 June 2015

Serica Energy Completes Acquistion of Interest in Erskine Field

Serica has completed the transaction with BP to acquire an 18% interest in the producing Erskine field lying to the south of Columbus, with the effective date of 1 January 2014.The Erskine field has strong synergies with Columbus, being a gas and gas condensate stream which uses the Lomond platform…

8 June 2015

Apply to Build Johan Sverdrup Accomodation Module.

The K2JV joint venture (Kvaerner & KBR) and Apply Leirvik have signed a contract for an EPC (Engineering, Procurement and Construction) delivery of the Johan Sverdrup Accommodation module. The Accommodation module is part of the Johan Sverdrup Utility and Living Quarter (ULQ) platform. Statoil has awarded the EPC contract for…

8 June 2015

Apache Corporation Completes Sale of Australian Operations

Apache Corporation today announced it has completed the previously disclosed sale of its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Corporate Holdings Limited and Brookfield Asset Management Inc. Total proceeds of $1.9 billion are net of $225 million in customary, post-closing adjustments…

8 June 2015

​Kvaerner-KBR JV Wins Johan Sverdrup Platform Contract

Kvaerner in a joint venture with KBR has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development. The agreement to deliver the deck for the utility and living quarter (ULQ) platform comes after a tough international competition, where Kvaerner-KBR presented…

4 June 2015

DCNS Picks Tiger and Falcon for Asia

DCNS Group, the French leader in naval defence and an innovator in marine renewable energy, has enhanced its ROV capability with a Saab Seaeye Tiger and Saab Seaeye Falcon.Both ROVs will be deployed by DCNS Far East – DCNS' Singapore-based subsidiary across Asia – as the company extends its operations…

4 June 2015

Independent Oil and Gas buys Skippers Discovery

Independent Oil and Gas, the North Sea focused oil and gas company, is pleased to announce that it has today signed a Sale and Purchase Agreement to acquire the 50% of licence P1609 containing the Skipper discovery from Alpha Petroleum Resources Ltd. This transaction will result in IOG's independently verified…

4 June 2015

Petrofac to Support New North Sea Gas Field Operator

Petrofac has secured a contract to support Oranje-Nassau Energie (ONE) UK Limited, a subsidiary of Amsterdam based oil and gas producer Oranje-Nassau Energie B.V., as the company has become operator of the Sean gas field in the Southern North Sea as of 1 June 2015.The contract, for Duty Holder Support…

4 June 2015

McDermott Wins Pemex Contract

McDermott International, Inc. today announced it has been awarded an offshore contract by Petróleos Mexicanos (PEMEX) for the engineering, procurement, construction, installation (EPCI) and pre-commissioning of the Ayatsil-C replacement jacket and associated deck installation."This is the fourth contract McDermott has received for the Ayatsil field and follows the successful delivery…

4 June 2015

​Viking SeaTech and DOF Subsea Survey & Positioning sign Co-operation Agreement

Viking SeaTech, an international provider of mooring and marine solutions has completed a Co-operation Agreement with DOF Subsea Survey & Positioning UK for the provision of survey and positioning services worldwide.Viking SeaTech has recognised a client demand for a complete service offering for all marine services. With this is mind,…

4 June 2015

Minor Oil Discovery Northwest of the Snorre Field in the Norwegian North Sea

Lundin Norway AS, operator of production licence 579, is in the process of concluding the drilling of wildcat well 33/2-2 S.The well was drilled about 40 kilometres northwest of the Snorre field in the North Sea, and 180 kilometres west of Florø.The primary exploration target for the well was to…

3 June 2015

Civmec Wins Two Oil and Gas Contracts

Civmec has been awarded $68 million of new projects for Rio Tinto, Sedgman, GE Oil & Gas and FMC Technologies, while the scope on existing contracts for the new Perth Stadium and Roy Hill has been increased.On behalf of GE Oil & Gas, Civmec will be fabricating and testing Gorgon's…