Latest News

Total Marine Technology Deploys Patented Abandonment Tooling Solution Offshore North Western Australia

As part of an abandonment project Total Marine Technology Pty Ltd (TMT) has successfully upscaled its existing patented ½” tube Hot Tap Tool (HTT) design. The HTTs were deployed offshore North Western Australia in collaboration with Sapura Energy Australia in February of this year. They were used subsea to create…


Murphy Oil Corporation Announces Strategic Sale of Malaysian Portfolio in all-cash Transaction Valued at US$2.127 billion

Murphy Oil Corporation announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., to a subsidiary of PTT Exploration and Production Public Company Limited (“PTTEP”).…


Oil and Gas Authority Advancing Collaboration with Renewables

Over the past year, the Oil and Gas Authority (OGA) has started significant work on how we can support the energy transition alongside the core role of maximising economic recovery of UK oil and gas.This has included publishing a flaring and venting policy and awarding our first CCS carbon dioxide…


i3 Energy plc: Operational and Update

Operational - Gardline Limited contracted to conduct a site surveyi3 has contracted Gardline Limited to conduct a site survey for its 2019 and 2020 drilling program plus the pipeline route for its Liberator Phase I development. Works have begun and are expected to complete during the month of March and…


Equinor Published Draft Environment Plan to show how they can Explore Safely in the Great Australian Bight

Equinor's full Great Australian Bight announcement can be found here.


McDermott Awarded Substantial Offshore EPCI Contract in the Middle East

McDermott International, Inc. announced a substantial* contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services in the Arabian Gulf.The contract for new facilities includes the full suite of EPCI services for six new offshore jackets as well as three associated topsides. The project scope…


EPCI Contract with Total as part of the Tyra Redevelopment Project

The work scope includes preparatory engineering work followed by system installation on five unmanned satellite platforms at the Tyra complex. Initial planning work has begun, and the entire project – involving approx. 25 employees – must be completed by October.The Tyra Complex consists of two central processing platforms, Tyra East…


Record-breaking Lift Completes the Johan Sverdrup Field Centre

Three days – that’s what it took to lift four of the last pieces in the Johan Sverdrup puzzle into place – the two final platform topsides, a bridge and a flare stack. The processing platform lift was the heaviest lift ever performed offshore.“Now we are in the process of…


Global Energy (Group) Acquire Apollo

Leading Oil and Gas Service provider, Global Energy Group (GEG) announced that it has acquired a majority share of Apollo Offshore Engineering Ltd (Apollo).As part of the deal, GEG has combined the brownfield engineering capability of Apollo with the proven capability of GEG’s Integrity and Construction (ICON) division, which is…


The Danish Energy Agency Helps Egypt on the Journey Towards a Greener Future

Egypt has now become the 15th country collaborating bilaterally with the Danish Energy Agency. The collaboration will focus on securing more renewable energy in the Egyptian energy system, and will help Egypt achieving its goal of increasing the share of renewable energy in electricity consumption from 9% to 43% by…


Topaz Secures Contract Extension with BP for 12 Vessels in Azerbaijan

Topaz Energy and Marine ("Topaz"), a leading offshore energy logistics company, announced that it has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) Limited ("BP") in Azerbaijan.Under the terms of the agreement, seven of the offshore support vessels will be…


S.D. Standard Drilling Plc – New Term Contracts Entered into and Utilization Primo 2019

With reference to the stock exchange release dated 22 January 2019.SDSD have secured new term contracts for Standard Princess, Standard Supplier and Standard Provider, all large platform supply vessels (“PSV’s”), 100% owned by SDSD. The term contracts secure solid utilization going forward, with well known and reputable counterparties, all at…


€31m Project Secured for Floating Wind Project in North West Europe

A €31 million project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a full-scale floating wind turbine be deployed for testing off the west coast of Ireland at a Sustainable Energy Authority of Ireland (SEAI) test site near Belmullet, Co.…


DEA Enhances its Presence in the Mexican Market

The acquisition of 100% of the shares of Sierra Oil & Gas by DEA Deutsche Erdoel AG was completed on the 19th of March. With the deal, DEA enhances its presence in Mexico and its long-term commitment to the country’s oil and gas industry. Mexico’s National Hydrocarbons Commission (CNH) and…


NKT Finalizes the Project with the World’s Longest HVAC Submarine Cable

NKT has handed over the 163 km long high-voltage cable system powering the Norwegian oil and gas field Martin Linge from the shore. The cable solution is the world’s longest submarine HVAC cable installed and will help save 200,000 tonnes CO2 annually.NKT has successfully completed the project of the power…


Solstad Farstad: PSV Contracts

As part of the Frame Agreement with Aker BP ASA announced 01.03.19 the large PSVs "Normand Arctic" (2011, PSV12LNG) and "Normand Leader" (2013, VS499LNG) have been called off for 12 months firm - both with commencement Q1 2019.


Geoquip Marine Adds DP2 Vessel to its Fleet

Leading offshore geotechnical engineering and drilling company Geoquip Marine has confirmed the addition of a DP2 Multi-Purpose Offshore Support vessel to its fleet.The Geoquip Saentis is currently being fitted with the latest version of Geoquip’s GMR600 fully heave-compensated offshore geotechnical drilling rig. The vessel has accommodation and workspaces for 55…


Petrobras Starts Production of P-77, the Fourth Platform of Búzios Field, in the pre-salt of Santos Basin

Petróleo Brasileiro S.A. (Petrobras) reported that it has started, on 19 March, the production of oil and natural gas of P-77, the fourth platform to be put into production in the Búzios field.Búzios field, in the pre-salt of the Santos Basin, was discovered in 2010 and is the main field…


New Alliance Creates Turnkey Solution in the Tay and Forth for Decommissioning Projects

A new alliance of leading businesses in the North Sea Oil & Gas decommissioning sector, has been formed and launched today in Dundee (18 March). Named Forth and Tay Decommissioning, the alliance of businesses has been created with a shared vision to position Dundee as the UK Hub for North…


Neptune Energy Awards Rig Contract

Neptune Energy Norge AS has awarded a rig contract for six wells to CIMC Offshore AS. The contract concerns hire of the Beacon Atlantic semi-submersible drilling unit, which will be managed by Odfjell Drilling AS.Designed for harsh environments, Beacon Atlantic will be suitable for drilling three development wells on the…