Latest News

Consent to use the Drilling Platform on the Johan Sverdrup Field

Petroleum Safety Authority Norway have given Equinor consent to use the drilling platform on the Johan Sverdrup field in the North Sea.The drilling platform (DP) is the second of four facilities to be installed on the Johan Sverdrup field in the first phase of the field development (phase 1).The consent…


Drilling Permit for Well 8/10-7 S in Production Licence 405

The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for well 8/10-7 S, cf. Section 15 of the Resource Management Regulations.Well 8/10-7 S will be drilled from the Maersk Interceptor drilling facility in position 57°6'54.81" north and 3°3'31.5" east.The drilling programme for well 8/10-7 S relates…


Havila Shipping ASA: Contract with Equinor UK for the PSV Havila Borg

Havila Shipping has entered into a charter contract for approximately 4 months with Equinor UK for the PSV Havila Borg.


OMV and Sapura Energy Enter into a Strategic Partnership

Sapura Energy Berhad (Sapura Energy) and OMV on 9 November signed a Share Subscription Agreement and a Shareholders’ Agreement to form a strategic partnership. Under the agreements, OMV Exploration & Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50% stake of the issued share capital…


Maersk Drilling Sells Jack-up Mærsk Giant to an Independent O&G Operator

Maersk Drilling has entered into an agreement to sell the jack-up rig Mærsk Giant to an Australasian-based independent O&G operator. The transaction is expected to close before end of 2018.Mærsk Giant was delivered in 1986, and the rig is currently stacked in Esbjerg, Denmark. The new owners expect to use…


EMGS: Update on Survey in South America

Reference is made to the stock exchange notifications published by Electromagnetic Geoservices ASA ("EMGS") on, respectively, 19 and 26 October 2018, regarding an acquisition in South America for an undisclosed customer. The Company has now received a purchase order from the customer for the survey. The total value of the…


Drilling Completed on Aspy Well

Hess Corporation announced that drilling of the Aspy exploration well offshore Nova Scotia reached total depth of 7,400 meters. The prospect did not encounter commercial quantities of hydrocarbons and Hess’ share of the well cost through September 30, 2018 will be expensed in the third quarter and reflected in the…


Angola: Total Inaugurates the Kaombo Project and Reiterates its Commitment to the Country with New Investments

The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior, the Chairman and CEO of Total, Patrick Pouyanné, and the Chairman of the Board of Directors of Sonangol, Carlos Saturnino, inaugurated the Kaombo project on 10 November, which came on stream in July and is located deep offshore…


TGS Announces Strategic Collaboration for Ocean Bottom Node Projects in North Sea

TGS announced a strategic collaboration with Axxis Geo Solutions (AGS) for multi-client ocean bottom node projects in the North Sea. The area of mutual interest covers the core part of the central North Sea up to and including the Utsira area. Under this agreement, the parties will work together to…


Update re Drilling of the "Verbier" Appraisal Well

Jersey Oil & Gas, an independent upstream oil and gas company ‎focused on the UK Continental Shelf ("UKCS") region of the North Sea, announced that it has been advised by Equinor UK Limited, operator of the P.2170 (Blocks 20/5b & 21/1d) licence area, that the timing for operations to commence…


Reach Subsea: New Vessel Capacity

Reach Subsea and MMT have over the last year been awarded several important frame agreements for Survey, IMR and light construction within both the oil & gas and renewable sector. With this backdrop of expected increase in activity, Reach Subsea has entered into an agreement with Topaz Energy and Marine…


Gaffney Cline & Associates Review of Oil in-place Estimates Completed for Prospects in Block 29/11, Pearl River Mouth Basin, Offshore China

Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, announced that Gaffney, Cline & Associates ("GCA"), an independent petroleum advisory firm, has completed its independent audit of the Company's oil initially in place estimates over the Jade, Topaz and Pearl prospects identified…


Significant UK Petroleum Reserves could Sustain Production for next 20 years

The UK’s petroleum reserves remain at a significant level which could sustain production for at least the next 20 years and beyond if additional undeveloped resources can be matured.The Oil and Gas Authority’s (OGA) ‘UK Oil and Gas: Reserves and Resources’ report, published on 8 November shows that overall remaining…


Solstad Offshore ASA: Contract Awards by Equinor UK Limited

Equinor UK Limited has awarded Solstad Offshore ASA a two-year contract for the Platform Supply Vessel “Normand Skipper” (2005, VS4420 Design). Commencement will be November/December 2018 and the contract also has up to two-years of options after the initial firm period. In addition, Equinor have exercised a one-year option on…


The President of Angola João Gonçalves Lourenço meets Eni CEO Claudio Descalzi

The President of the Republic of Angola, H. E. João Gonçalves Lourenço, and the CEO of Eni, Claudio Descalzi, met in Luanda to discuss Eni’s operational activities and initiatives in the country.In the sidelines of the meeting, Eni and Sonangol signed an amendment of Block 15/06 Production Sharing Contract which…


Fast-track PSTM Data from CGG's Mozambique Multi-client Survey Now Available

CGG announced during Africa Oil Week that the fast-track 3D seismic data from its recent Mozambique multi-client survey in the outer Zambezi Delta Basin is now available for license. Interested international oil companies with an Africa focus can view the high-end data set in CGG data rooms in anticipation of…


Lundin Norway ASO Awards an EPCI Contract to WorleyParsons

Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (“EPCI”) by Lundin Norway ASO in the Norwegian Continental Shelf.The services include planning, engineering, prefabrication, offshore installation and commissioning support. The objective of the modification is to prepare Lundin’s Edvard Grieg platform to receive and process oil and…


Equinor Successful Bids for Three New Licences Offshore Newfoundland

Equinor and its partners were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland.Equinor will operate two exploration parcels, NL18-CFB01-14 (Equinor Canada 70%, Husky Energy 30%) and NL18-CFB01-15 (Equinor Canada 60%, Suncor Energy 40%), totalling 412,644 hectares (4,126 square kilometres), and will participate in…


Hornsea Project One Adds Manor Renewable Energy (MRE), Another UK Supplier, to the Team

Ørsted, the leading offshore wind developer, has signed a contract with Dorset-based Manor Renewable Energy (MRE) Ltd to provide the full temporary power package of generators, personnel and vessels in case of need during the turbine installation and commissioning for Hornsea Project One.Commencing in January 2019, MRE would utilise their…


Governor Cuomo Issues New York's Large-Scale Offshore Wind Solicitation

Governor Andrew M. Cuomo has issued a comprehensive solicitation seeking 800 megawatts or more of new offshore wind projects for New York. This highly anticipated first offering, issued by the New York State Energy Research and Development Authority kicks-off competition for New York State's first large-scale offshore wind development contracts,…