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3 March 2020
Maersk Drilling secures one-well contract offshore Egypt
Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract. The contract value is approximately USD 3.8m.Maersk Drilling secures…
3 March 2020
Penspen Awarded Engineering Services Project with Robtstone
We have been awarded a contract with Robtstone, a leading EPC oil and gas contractor in UAE, to provide detailed engineering services and procurement assistance for their Engineering, Procurement and Construction (EPC) project in the Asab Area.The main objective of the project is to upgrade the existing firewater network at…
3 March 2020
Wood delivering engineering design for Chevron’s Anchor U.S. deepwater project
Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The scope of the project included the preliminary, front end engineering and design (Pre-FEED), FEED and now entails detailed design of Anchor, a wet tree development that will employ a semi-submersible floating…
3 March 2020
Ocean Infinity To Support Exxonmobil in Guyana
Ocean Infinity has been awarded a contract with ExxonMobil for geophysical and geotechnical data acquisition.Ocean Infinity, the next generation subsea marine robotics company, has been awarded a contract with ExxonMobil, for high-resolution Autonomous Underwater Vehicle (AUV) geophysical and geotechnical data acquisition within the Stabroek block offshore Guyana.Ocean Infinity will simultaneously…
3 March 2020
Spirit Energy Divests Two Danish Assets to Ineos
Spirit Energy has signed an agreement to divest two non-core Danish assets to INEOS.The divestment is through a sale of Spirit’s two companies with licenses in Denmark. The two companies jointly own 40% in the Hejre discovery and 27.7% in the Solsort discovery.The transaction is subject to approval from the…
2 March 2020
Oceanteam Solutions wins long-term rental agreement for its 4000Te carousel
Oceanteam Solutions has entered into a three-year agreement for rental of its 4000Te carousel for the ultimate client Global Marine Group. The client has the option to extend this agreement with a total of five years. Start of project will be end of February 2020.For this specific project, the 4000Te…
2 March 2020
Solo Oil plc ("Solo" or "the Company") ONE-Dyas Transaction Update, Strategy Update and Restoration of Trading
Solo (AIM: SOLO), a gas-focused production and development company targeting attractive growth opportunities within the European gas market, announces the following strategy update. Further to the transaction updates provided to the market on 20 December 2019 and 4 February 2020, the Company has unfortunately been unable to agree revised commercial…
2 March 2020
BP, Eni, Equinor, Shell and Total form consortium to develop the Net Zero Teesside project and accelerate potential of UK’s first zero-carbon cluster
BP, Eni, Equinor, Shell and Total assume leadership of the Net Zero Teesside project, with BP as operator, transitioning the project from OGCI Climate Investments.Net Zero Teesside to announce MoUs with 3 existing industrial partners to decarbonise local industry at the official launch event held in Middlesbrough.An extensive impact assessment…
2 March 2020
Go-ahead for Van Gogh Infill Phase 2
Santos today announced a Final Investment Decision had been made on the Van Gogh Infill Development Phase Two Project, which will maximise field production, access additional reserves and lower unit production costs. The Project will involve the drilling and completing of three new horizontal, dual-lateral production wells and subsea tieback…
2 March 2020
Shearwater GeoServices awarded Bulgaria Black Sea 3D survey by Total
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria B.V. (“Total”). The contract award follows an active 2019 season in the Black Sea for Shearwater.The survey covers 5,500…
2 March 2020
BP extends multi-million-pound vessel contract with Vroon Offshore Services
Vroon Offshore Services (VOS) Ltd has secured a three-year contract extension with BP, worth around £30million.One of the largest providers of emergency response and rescue vessels (ERRV) in the North Sea, VOS will continue its exclusive provision of four class-leading, high-performing vessels to support BP’s North Sea and West of…
2 March 2020
Oil discovery near the Gudrun field in the North Sea – 15/3-12 S and 15/3-12 A
Equinor Energy AS, operator of production licence 025, has concluded the drilling of wildcat wells 15/3-12 S and 15/3-12 A in the central part of the North Sea.The wells were drilled about 11 kilometres southeast of Gudrun, 4 kilometres southeast of the 15/3-4 (Sigrun) oil and gas discovery and 220…
2 March 2020
Increased purchases from Norwegian suppliers in 2019
In 2019 Equinor purchased goods and services worth NOK 161.6 billion from more than 9,000 suppliers globally. NOK 113 billion, i.e. 70% of total purchases, went to suppliers with a Norwegian billing address.“A competitive supply industry is highly important for Norway and for Equinor. During the last years we have…
28 February 2020
Shell Exploring World’s Largest Green Hydrogen Project
Oil major Shell has started feasibility work on what would be the largest green hydrogen project in the world.The plans would see 3 to 4 gigawatts of offshore wind capacity established in the North Sea by 2030 purely for the manufacture of green hydrogen. Electrolyzers will be based in Eemshaven,…
28 February 2020
SeaRobotics Deploys ASV to Bahamas for Post Dorian Survey
SeaRobotics, announced today the successful deployment of their SR-Surveyor M1.8 ASV in cooperation with Morgan & Eklund (M&E), a Florida based land and hydrographic survey firm, to safely survey a twenty-mile stretch of waterways in the hard-hit islands of the Bahamas. “We designed the SR-Surveyor M1.8 to excel at working…
28 February 2020
Schlumberger Notice of Intention to delist from London Stock Exchange
Schlumberger (the “Company” or “Schlumberger”) hereby announces that the Company’s Board of Directors (the “Board”) in January 2020 approved the cancellation of the listing of the Company’s common stock (the “Shares”) on the standard segment of the Official List of the London Stock Exchange (the “LSE”) and the cancellation of…
28 February 2020
Energean Oil & Gas plc (“Energean” or the “Company”) Energean to acquire stake in Block 2, offshore Greece.
Energean Oil and Gas plc the oil and gas producer focused on the Mediterranean, is pleased to announce that it has signed an agreement for the acquisition of Total’s stake in Block 2, offshore Western Greece, providing further material exploration opportunities in its core area of the Eastern Mediterranean with…
28 February 2020
Bibby HydroMap charters DP1 Catamaran Mintis
Bibby HydroMap are excited to announce the charter of ‘Mintis’, a 39m DP1 catamaran owned and operated by the Marine Research Institute at Klaipeda University. The vessel is equipped with a range of high specification positioning and survey equipment and will become available for ongoing projects in May 2020 following…
28 February 2020
Eni announces Agogo 3 results that increase the size of the field to 1 billion barrels of oil in place and pave the way for its full field development with a third production hub
Eni has successfully drilled Agogo-3, the second appraisal well of Agogo discovery in Block 15/06, offshore Angola, increasing by about 40% the estimate of oil in place, which is now of 1 billion barrels with further upside to be tested in the Northern sector of the field.Agogo-3 has been drilled…
28 February 2020
Long-Term Strategic Plan to 2050 and Action Plan 2020-2023
Claudio Descalzi, CEO of Eni, said: “The strategy we announce today represents a fundamental step for Eni. We will set out the evolution of our Company in the next 30 years combining the objectives of ongoing development in a fast changing energy market and a significant reduction in our carbon…
28 February 2020
Maersk Decom wins complete plugging and abandonment of Tullow Oil’s Banda and Tiof fields
This is the first project where Maersk Decom will provide an end-to-end plugging and abandonment solution under one single contract.The solution bundles project management, engineering and planning with the execution of plug and abandonment of seven legacy Exploration & Appraisal wells, as well as the removal and disposal of subsea…
28 February 2020
Independent Oil and Gas plc : Harvey and Redwell Update
Independent Oil and Gas plc ("IOG" or "the Company"), (AIM: IOG.L), the development and production company focused on becoming a substantial UK gas producer, provides an update on the Harvey (P2085) and Redwell (P2441) licences in the UK Southern North Sea.Option ExpiryThe Company confirms that the option held by its…
27 February 2020
Fugro Completes Tennet Uxo Risk Mitigation Project for Hollandse Kust Zuid
Fugro has successfully completed a second marine unexploded ordnance (UXO) risk mitigation project for TenneT, this time on a cable route survey as part of the construction of the Hollandse Kust Zuid offshore wind farm.The 13-month project involved surveying the route for explosive remnants of war (ERW), including munitions dumped…
27 February 2020
Royal IHC To Supply Integrated Power Cablelay Spread
Global Marine Group has awarded Royal IHC (IHC) a contract for the design and delivery of an integrated power cablelay spread. This will be installed on its newly chartered vessel, NORMAND CLIPPER.The spread is optimised for inter-array cablelay and includes a patented quadrant handling system for second-end deployment operations. The…
27 February 2020
Keppel delivers world’s fastest brownfield FPSO modification project
Keppel Offshore & Marine (Keppel O&M), through its wholly-owned subsidiary Keppel Shipyard, has delivered the world’s fastest brownfield Floating Production Storage and Offloading vessel (FPSO) modification and upgrading project safely and on time.Named FPSO Abigail-Joseph, the vessel was delivered to Yinson Nepeta Production Ltd (Yinson), a wholly-owned subsidiary of Yinson…
27 February 2020
Dolphin Drilling secures North Sea deal with Wellesley Petroleum AS
Global contractor Dolphin Drilling has announced it has secured a one well plus one optional well with Wellesley Petroleum AS for a programme of drilling work on the Norwegian Continental Shelf.Bjørnar Iversen, chief executive of Dolphin Drilling, said: “This agreement further strengthens our operational backlog in Norway and builds on…
27 February 2020
Fugro Selected For Australian Government's Hydroscheme Industry Partnership Program (HIPP)
The panel of industry partners was chosen as part of a long-term strategy to ensure safe shipping routes, commercial ports and maritime approaches within the Australian Charting Area. Panel members will acquire marine environmental data to produce digital maps of Australia’s sea and coastal areas that will improve the safety…
27 February 2020
Bahamas Petroleum Company plc ("Bahamas Petroleum" or the "Company") Perseverance #1 Environmental Authorisation Granted
Environmental AuthorisationFollowing a considerable body of work, engagement and consultation both before and further to submission for an Environmental Authorisation ("EA") by the Company in April 2018, the Bahamas Minister of Environment (the "Minister"), upon notice of a "no objection" from the Bahamas Environment Science & Technology Commission (the "BEST…
27 February 2020
Clastic Stratigraphic Traps – What has Driven Exploration Performance?
Westwood has analysed 376 exploration wells that tested clastic stratigraphic traps between 2008 and end January 2020 in 66 basins and 113 different plays, to investigate stratigraphic trap exploration performance and understand the key success factors.Which found a total of 235 bnboe have been discovered in clastic stratigraphic traps since…
27 February 2020
ASCO starts new decade with significant contract extension in the North Sea
ASCO, the global integrated materials and logistics management company, has been awarded a five-year extension, with options for a further six years by CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, to support all the operator’s North Sea assets.The contract, worth in excess of 100 Million pounds will…
26 February 2020
Fred. Olsen Windcarrier contracted to finish Trianel Windpark Borkum II
Fred. Olsen Windcarrier’s jack-up vessel Blue Tern has been contracted to finish installing the remaining 11 Senvion 6.2M152 turbines on the Trianel Windpark Borkum II (TWB II).“We are looking forward to working with our new client and to get the chance to support the finalisation of the Trianel wind farm…
26 February 2020
ADNOC to Build on its Position as one of the Least Carbon-Intensive Oil and Gas Producers in the World
ADNOC is building on its position as one of the least carbon-intensive oil and gas producers in the world by significantly expanding its CCUS program, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC). Speaking…
26 February 2020
Big Johan Sverdrup P2 celebration
On February 21, Johan Sverdrup's project team for the P2 platform could tick off for another milestone. The first deck of the Utility Process Module (UPM) being built in Haugesund is now complete, and this deserves a celebration.Oversikt NordsjøhallWith the North Sea Hall as venue, Aibel and its partners celebrated…
26 February 2020
Aegir completes installation for Qatargas
Heerema's Aegir vessel has safely completed the installation of the 4.000 mT jacket and topside for Qatargas' North Field Bravo Living Quarters Expansion project.The project itself was a historic milestone for Qatar, with the fabrication for the offshore living quarter expansion being done locally - a first for the nation.…
26 February 2020
Scarborough Participating Interest Alignment
Woodside and BHP have agreed to align their participating interests across the WA-1-R (Scarborough) and WA-62-R (North Scarborough) titles, resulting in Woodside holding a 73.5% interest and BHP holding a 26.5% interest in each title. Woodside and BHP have also agreed to apply for Production Licences in respect of both…
26 February 2020
Dry appraisal well on the 6604/5-1 (Balderbrå) gas discovery in the northern Norwegian Sea - 6604/5-2 S
Wintershall Dea Norge AS, operator of production licence PL 894, is in the process of concluding the drilling of appraisal well 6604/5-2 S.The well has been drilled about 113 kilometres southwest of the Aasta Hansteen field in the northern part of the Norwegian Sea.The 6604/5-1 gas discovery was proven in…
26 February 2020
Africa Energy Signs Farmout Agreements for Block 2B Offshore South Africa
Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) ("Africa Energy" or the "Company"), an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce the execution of two farmout agreements whereby the Company will transfer an aggregate 62.5% participating interest in the…
26 February 2020
Hibiscus Petroleum Encouraged by New Oil Production from North Sabah Fields
Hibiscus Petroleum Berhad (HIBI: MK) (“Hibiscus Petroleum”, the “Company” or the “Group”) released a Corporate and Business Update (the “Update”) outlining the Group’s targets and initiatives as well as operational updates in conjunction with the release of its quarterly financial results for the period ended 31 December 2019 (“2Q FY2020”).In…
25 February 2020
SubSea Networks supports NO-UK in new subsea cable build between Stavanger and Newcastle
SubSea Networks Limited, a leading provider of subsea consultancy services, and NO-UK announced today that, after a focused period of collective teamwork which addressed all aspects of technical and commercial adjudication and contract forming, the supply contract for the NO-UK Submarine Cable System linking Norway and England has come into…
25 February 2020
Geoquip Marine completes refurbishment of newly acquired DP2 vessel
Leading offshore geotechnical engineering and drilling company Geoquip Marine, has announced the conclusion of an extensive conversion and upgrade to its most recently acquired multipurpose geotechnical vessel, the Geoquip Speer, making it suitable for international DP operations.As part of the refit the Speer has had its Moonpool design opened up,…
25 February 2020
DOF Subsea Contract award
DOF Rederi has been awarded a 4 wells firm plus 2 well option contract for Skandi Caledonia by Premier Oil UK Limited. Commencement will be in Q2 this year with an estimated duration of circa 100 days per well for both the firm and optional wells.
25 February 2020
TGS Welcomes the Federal Republic of Somalia’s Ratification of the Petroleum Law, Paving the Way for License Round Completion in 2020
The Federal Republic of Somalia has confirmed that the country’s Petroleum Law has been ratified by His Excellency, President Mohamed Abdullahi Farmajo. The Presidential Ratification is a landmark moment in the development of Somalia’s natural resources, which will be transformational for the country’s development. Somalia has the potential to become…
25 February 2020
AWDR - Letter of Intent signed for WilPhoenix
Awilco Drilling PLC has signed a Letter of Intent with Serica Energy (UK) Limited for the provision of WilPhoenix for a one well workover on the Rhum field. The program has an estimated duration of 45 to 70 days and will commence between 1st September and 30th October 2020. The…
25 February 2020
Capricorn - consent for exploration drilling in the North Sea
Capricorn Norge have been given consent for exploration drilling in block 35/8 in the North Sea. The well name is : 35/8-7 S. With the prospect name Duncan. Which has the proudction licence : 880 and 248 J. The prospects cooridinates are : 61° 16' 08.6249" N 03° 30' 23.1375"…
25 February 2020
Consent for exploration drilling in the Norwegian Sea
Wintershall Dea Norge have been given consent for exploration drilling in block 6406/3 in the Norwegian Sea. With the Production licence : 836 5. At the Geographical coordinates: 64° 56' 16.19" N 06° 46' 42.63" E. Water Depth is at 313 metres. The project is expected to start on the…
25 February 2020
Equinor to discontinue exploration drilling plan in the Great Australian Bight
Equinor has informed the Australian authorities of its decision to discontinue its exploration drilling plan (Stromlo-1) in the Ceduna sub-basin, offshore South Australia. Following a holistic review of its exploration portfolio, Equinor has concluded that the project’s potential is not commercially competitive compared with other exploration opportunities in the company.“The…
24 February 2020
Industrial scale renewable hydrogen project advances to next phase
GBP 7.5 million funding has been awarded for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition.The Gigastack project, led by ITM Power, Ørsted, Phillips 66 Limited and Element Energy [1], will show how…
24 February 2020
Arup to support Crown Estate Scotland in upcoming first round of ScotWind Leasing
Global engineering and consultancy firm, Arup, has been appointed by Crown Estate Scotland as specialist reviewers for ScotWind Leasing - the first offshore wind leasing round in Scotland for a decade.Arup will work together with Crown Estate Scotland to finalise the approach to evaluating applications from developers. Its expertise will…
24 February 2020
South Marsh Island F5 Well To Be Drilled
Byron Energy Limited is providing an update on the planning drilling of the SM71 F5 well.Upon the successful drilling of Byron's SM71 F4 well which logged hydrocarbons in the D5 Upper Sand, Byron proposed the drilling of the SM71 development well to its partner, Otto Energy Ltd. The proposed well…
24 February 2020
Indonesia's 2020 Oil and Gas Output Likley To Fall, Despite Offical Forecasts For Growth
Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year.The country’s upstream task force SKK Migas has set an ambitious oil production target of 755,000 barrels of oil per day (bpd)…