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17 December 2019
Angola: Total Extends All Block 17 Production Licenses until 2045
Total, operator, and its partners Equinor, ExxonMobil and BP have signed an agreement with national oil, gas and biofuels agency ANPG and state-owned Sonangol of Angola, to extend their consortium’s production licenses to 2045. As part of the agreement, Sonangol will obtain a 5% interest in Block 17 on the…
17 December 2019
Angola: Total Acquires Interests into Two New Offshore Licenses in View of Developing a New Production Hub
Total has signed a sale and purchase agreement with state-owned Sonangol of Angola to acquire interests in Blocks 20/11 and 21/09 in the Kwanza Basin, offshore Luanda.Subject to the approvals of the competent authorities and partners: - The Group will hold a 50% working interest, alongside Sonangol (20%) and BP…
17 December 2019
A-6 Development Momentum Builds
Woodside is pleased to advise that the A-6 Development offshore Myanmar has moved from the exploration and appraisal phase to the pre-front-end engineering design (pre-FEED) phase. The development, located in Block A-6 within Woodside’s Southern Hub, is being progressed alongside joint venture participants MPRL E&P Pte Ltd and Total E&P…
17 December 2019
SOCAR Petrofac JV (SPC) secures project management services contract with BP
SOCAR Petrofac JV (SPC) secures project management services contract with BPPetrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a Project Management Services contract to support BP’s operations in Azerbaijan and Georgia.The three-year contract will support both onshore and offshore…
17 December 2019
Shearwater GeoServices awarded Eastern Offshore India campaign by ONG
Shearwater GeoServices Holding AS (“Shearwater”) has been awarded a combined 2D and 3D broadband marine seismic acquisition campaign by ONGC in Eastern Offshore, India. The contract is planned for execution in the first half of 2020.The survey covers 1,600 sq. km of 3D and 800 km of 2D data in…
17 December 2019
Subsea 7 awarded contract offshore China
Subsea 7 announced the award of a sizeable(1) contract by Offshore Oil Engineering Co. (COOEC), for CNOOC’s Lingshui 17-2 Gas Field Development Project - Steel Catenary Risers Installation Services. The field is located in the South China Sea approximately 150km offshore Sanya, Hainan province.The contract scope includes transportation and installation…
17 December 2019
Alliance project Valhall Flank West starts production
Operator Aker BP and partner Pandion Energy report that first oil was produced from Valhall Flank West in the North Sea. Through the development of this field, the wellhead platform alliance between Aker BP, Kvaerner, Aker Solutions and ABB set a new standard for delivery of flank developments on the…
16 December 2019
CGG'S Jumpstart Mutli-Client Geoscience Packages Prospectivity Of North West Shelf And Banda Arc
CGG has completed JumpStart™ multi-client geoscience packages for the North West Shelf (NWS) of Australia and the Banda Arc in the Asia-Pacific region. Both packages are now available and enhance understanding of the prospectivity of these two high-potential regions, allowing the assessment of exciting new plays.JumpStart packages mobilize the full…
16 December 2019
W&T Offshore Announces Acquisition of Oil- Weighted Producing Property in the Gulf of Mexico
W&T Offshore, Inc. has announced that it has completed an oil-weighted producing property acquisition from ConocoPhillips which is 75% working interest in and operatorship of the Magnolia Field in the central region of the deepwater Gulf of Mexico (“GOM”), offshore Louisiana, at Garden Banks blocks 783 and 784 for $20.0…
16 December 2019
Hurricane Energy plc : Trading and Operational Update & P1368 Licence Update
Hurricane Energy plc provides a trading and operational update, and reports an update in relation to its P1368 licence.Highlights-Strong performance of Lancaster Early Production System ("Lancaster EPS") wells - during recent individual well flow tests, good natural flow rates were achieved with minimal bottom hole pressure decline P1368 licence extension-…
16 December 2019
New multi-billion agreements for safety and automation systems
A new compensation format will help improve efficiency as Equinor awards new framework agreements for safety and automation systems with five suppliers.The framework agreements cover operation of all the company’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. They may also be used by the company’s…
16 December 2019
PGS Announces Availability of First Data on Trøndelag Platform and Draugen
PGS has fast track seismic data available from the Draugen survey. The first data from the Trøndelag Platform project will be ready for viewing in early January. Both surveys were acquired by PGS summer 2019.The Trøndelag Platform and Draugen surveys cover a 10 500 sq. km area of the Norwegian…
16 December 2019
PGS Data Supports Ongoing Congo Basin Licensing
PGS data from the offshore Congo coastal basin supports the Republic of Congo ‘open door’ policy for exploration and production opportunities. The Republic of Congo has started an ongoing promotion of all open blocks, including five blocks in the interior Cuvette basin and ten blocks in the Congo coastal basin.…
16 December 2019
Discoveries In The Southern N. Sea Bring Encouraging Results
Spirit Energy will become the Operator of a new Southern North Sea discovery after an encouraging exploration campaign.The Ossian-Darach exploration well encountered hydrocarbons, in license P2133, and was plugged and abandoned during August 2019.The well was spudded on 16 May 2019 and reached a total measured depth of 3300 metres…
16 December 2019
Minor oil and gas discovery near the Heidrun field in the Norwegian Sea – 6507/7-16 S
DNO North Sea (Norge) who is the operator production license 888 is concluding the process of drilling the widcat well 6507/7-16 S.The well was drilled 4km west of Heidrun field in the Norwegian Sea.More
13 December 2019
No oil transfer terminal at Veidnes in North Norway
The Johan Castberg partners, consisting of Equinor, Vår Energi and Petoro, have studied a possible development of a downscaled ship-to-ship oil transfer terminal at Veidnes in Finnmark county in North Norway, and have concluded that the costs of constructing a terminal will be too high. The oil export from Johan…
13 December 2019
Petrofac secures North Sea engineering frameworks
Petrofac has secured two new Framework Agreements (FAs) for the provision of Engineering, Procurement, Construction and Commissioning (EPCC) services.The first, a three-year FA awarded by EnQuest as part of a multi-contractor framework, covers EPCC services across the Operator’s North Sea and onshore asset base.The second EPCC FA, awarded by a…
13 December 2019
Hibiscus Petroleum Group Completes Acquisition Of The Crown Discovery In The North Sea
Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Company”) is pleased to announce that pursuant to the earlier disclosures made on 17 July 2019 and 7 October 2019, its indirect wholly-owned subsidiary, Anasuria Hibiscus UK Limited (“AHUK”), has completed the acquisition of North Sea Blocks 15/18d and 15/19b (“License P2366” or…
13 December 2019
Equinor – Oseberg H – use of vessel with gangway
Petroleum Safety Authority Norway have carried out an audit on Equinor for the preparations for using a gangway-equipped vessel to access the Oseberg H facality. The audit identified four improvement points. Including the competency requirements of the Offshore Operation Manager, activation of emergency shutdown of Oseberg H, assessment of fire…
13 December 2019
SBM Offshore divests minority interest in FPSO Sepetiba project
Following the announcement on December 11, 2019, with respect to the contract signature for FPSO Sepetiba, SBM Offshore is pleased to announce that it has entered into a shareholder agreement with its long standing business partners Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK) regarding the divestment of a…
13 December 2019
Chevron Awards OneSubsea Industry’s First Fully Integrated Subsea Production System Rated up to 20,000 psi
Schlumberger announced today an award by Chevron U.S.A. Inc. (Chevron) to OneSubsea® for the supply of an integrated subsea production and multiphase boosting system for the Anchor Field in the US Gulf of Mexico.Through this engineering, procurement and construction (EPC) award, OneSubsea—the subsea technologies, production and processing systems division of…
13 December 2019
Total Moves Forward on Two Deepwater Projects in the U.S. Gulf of Mexico
Total announces the final investment decision (FID) to develop the Anchor oil field. Additionally, front-end engineering and design (FEED) has begun for the North Platte discovery. Both projects are located in the deepwater U.S. Gulf of Mexico, off the coast of Louisiana.FID for Anchor ProjectTotal holds a working interest of…
13 December 2019
Chevron Sanctions Anchor Project in the Deepwater U.S. Gulf of Mexico
Chevron Corporation (NYSE: CVX) announced today it has sanctioned the Anchor project in the U.S. Gulf of Mexico. This marks the industry’s first deepwater high-pressure development to achieve a final investment decision. Delivery of the new technology, which is capable of handling pressures of 20,000 psi, also enables access to…
12 December 2019
Global tidal energy leader gets go ahead for major Canadian project in Nova Scotia
World leading tidal energy company Nova Innovation has landed its biggest project to date, expanding its operation in North America. As the world-wide race heats up to capture the potentially huge global tidal energy industry, Nova Innovation has responded to Nova Scotia’s goal of being the undisputed world leader in…
12 December 2019
Jifmar Offshore Services acquires Delta Marine
Jifmar Offshore Services continues its expansion in Scotland with acquisition of the Shetland based company Delta Marine Ltd one year after taking over North West Marine.VDC Offshore in France, North West Marine in Scotland and the signing of a partnership with Japanese shipowners Dokai Marine, Jifmar Offshore Services continues to…
12 December 2019
SBM Offshore signs FPSO Sepetiba contracts
SBM Offshore is pleased to announce it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 22.5 years lease and operation of FPSO Sepetiba (formerly known as Mero 2). These contracts follow the signing of the binding Letter of Intent (LOI) as announced on June 11, 2019.FPSO Sepetiba will…
12 December 2019
Equity raising to complete FAR’s funding plan for development capex to first oil
FAR Limited has announced a conditional placement to raise A$146 million at A$0.0425 per share (Placement). What's more FAR is conducting a share purchase plan to existing shareholders to attempt to raise a further A$30 million for the Equity Raising.The proceeds form part of the planned financing package to fund…
12 December 2019
Africa Energy Announces Start Of Seismic Operations Offshore South Africa
Africa Energy Corp an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce the start of new marine seismic acquisition programs on Block 11B/12B offshore South Africa. The 2D seismic program has now commenced, and the 3D seismic survey is expected to begin…
12 December 2019
Wood to deliver modifications for wind-powered North Sea platforms
Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from floating wind turbines that form part of the Hywind Tampen development.Equinor’s landmark project replaces energy generated by gas turbines with electricity from a floating…
12 December 2019
Aker Solutions to Provide Subsea Production System for Phase Two of Aker BP's Ærfugl
Aker Solutions has been awarded a contract for the Ærfugl development in offshore Norway to deliver the subsea production system for the second phase of the project.The contract includes wellheads, vertical subsea trees, satellite structures, control systems which are Vectus™ next generation which offer larger data and power capabilities than…
12 December 2019
Subsea 7 awarded contract offshore Norway
Subsea 7 announced the award of a sizeable(1) contract by Aker BP for the Ærfugl Phase 2 gas field development, located approximately 210km west of Sandnessjøen in the Norwegian Sea.This EPCI contract is a long-distance tie-back involving the application of Subsea 7’s Electrically Heat Traced Flowline (EHTF) technology for a…
11 December 2019
Maersk Drilling signs up Halliburton and Petrofac for the Seapulse exploration drilling programme
Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration programme to be delivered under Maersk Drilling’s master alliance agreement with Seapulse.Maersk Drilling signs up Halliburton and Petrofac for the Seapulse exploration drilling programmeUnder the alliance, Maersk Drilling is responsible for providing fully integrated drilling services,…
11 December 2019
Talos Energy Announces Transformative Acquisition Of Gulf Of Mexico Portfolio Through Multiple Transactions
Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that the Company has entered into a series of definitive agreements to acquire a broad portfolio of U.S. Gulf of Mexico producing assets, exploration prospects and acreage from affiliates of ILX Holdings, Castex Energy and Venari Resources for $640…
11 December 2019
Liberia Set to Offer 9 Offshore Blocks in 2020 Harper Basin License Round
The Liberia Petroleum Regulatory Authority (LPRA), has announced the launch of the next licensing round, expected to commence in April 2020.In a meeting held between NOCAL, LPRA and TGS, the next steps were unanimously agreed, to allow the government of Liberia to conduct a successful license round and thereby to…
11 December 2019
Kongsberg And The Norwegian Society For Sea Rescue Join Forces To Develop New SAR Solutions
Kongsberg Maritime has signed an agreement with the Norwegian Society for Sea Rescue to develop new and innovative maritime Search and Rescue (SAR) technologies. The duo’s collaboration will cover five concept development areas for SAR: maritime operations, rescue operations, search on the surface of the sea, underwater search and digital…
11 December 2019
Vår Energi celebrating anniversary with completion of the ExxonMobil acquisition
Vår Energi celebrates one year as a company and strengthens NCS position as the acquisition of ExxonMobil’s upstream business in Norway is completed.Vår Energi turns one year old on December 10 and is currently one of the fastest growing operators on the Norwegian Continental Shelf (NCS). With the closing of…
11 December 2019
Aker BP first ever to use new well stimulation method offshore
The first successful “Single-Trip Multi-Frac” campaign has been executed on the Valhall field. This specific method of well stimulation has never been done offshore before.The method significantly reduces the cost of the well because less time is needed for use of vessels and equipment.“The traditional method takes two-three days to…
11 December 2019
Perfornance Ocean Infinity To Perform 2D High-Resolution Seismic Survey In Angola
The method significantly reduces the cost of the well because less time is needed for use of vessels and equipment.Ocean Infinity, the next generation sub-sea technology and data company, is pleased to announce that it has been awarded a contract by Total E&P Angola, one of the main branches of…
11 December 2019
Equinor starts up third UK development in 2019
On 6 December, Equinor UK and partners started production from Barnacle, Equinor’s third upstream development in the UK to come onstream in 2019. The field is the first in Equinor’s portfolio to be fully located in the UK while produced through existing infrastructure in Norway. The accelerated development took just…
11 December 2019
Peformance Ocean Infinity To Do Pioneering Scientic Study
Ocean Infinity, the next generation sub-sea technology and data company, is excited to announce that, in partnership with the Norwegian University of Science and Technology (NTNU), it has begun a long term programme of marine environmental scientific research onboard its’ vessels.This long term study will lead to the creation of…
11 December 2019
Neodrill and InterMoor sign global cooperation agreement facilitating local project execution
Neodrill, the leader in pre-rig technology solutions, has announced a global cooperation agreement with InterMoor - the global provider of mooring, foundations and subsea installation services.Effective immediately, the new partnership is a global non-exclusive agreement that will see InterMoor support Neodrill with project execution, installation services and business development of…
11 December 2019
FairWind Awarded Two Offshore Pre-Assembly Projects with Siemens Gamesa
FairWind is proud to announce the awarding of two projects from Siemens Gamesa Renewable Energy to collaborate on pre-assembly work on offshore wind turbines for the Borssele project in the Netherlands and Yunlin in Taiwan.The projects expand and continue offshore activities completed between the two companies in 2019.Hervé Bouraima, Global…
11 December 2019
Equinor strengthens its position in Polish offshore wind market
On 10 December Equinor completed the acquisition of a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. The company now has an interest in all three Bałtyk offshore wind development projects (MFW Bałtyk III, MFW Bałtyk II i MFW Bałtyk I.).The acquisition of…
11 December 2019
Equinor - Consent for exploration drilling in the North Sea
Equinor have been given consent for exploration drilling in the block 30/6 in the North Sea. The well 30/6-31 S has production lincences 053 and 053c, for which Equinor is the operator. The well has the prospect name of Helleneset.More
11 December 2019
Panoro Energy – Completion of Dussafu DTM-4H production well
Panoro Energy is pleased to announce the successful completion of the DTM-4H well, the first of the phase 2 Tortue development wells. The well was drilled with the Borr Norve jackup drilling rig in 116 m water depth as a horizontal production well in the Gamba reservoir. A long horizontal…
11 December 2019
Archer Limited: Archer awarded a 4 year contract extension from Equinor for the Peregrino Field offshore
Archer Limited announces that effective from the 1st December 2020, Equinor Brasil Oleo e Gas Ltda. have confirmed a new 4 year contract for the provision of Platform Drilling Management Services on their Peregrino Field Development on the Peregrino A and B platforms respectively. The new four year contract awarded…
11 December 2019
Aker Solutions Wins BP Cypre Front-End Study
Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago.The contract will see Aker Solutions deliver front-end engineering and design (FEED) for the first platform in a potential series of future assets within BP’s Trinidad and Tobago (BPTT) portfolio. The award comes…
9 December 2019
Nearshore Drilling Project Staatsolie Completed
The Nearshore Drilling project is now being closed. Six exploratory wells were drilled. No commercial oil discovery was made, but valuable data was collected.Staatsolie's Nearshore Drilling project (NSD) started in April this year. The drilling platform that was used for this, the West Castor, will be demobilized. Six wells, Marai,…
9 December 2019
Drilling permit for well 25/7-9 S in production licence 917
The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-9 S, cf. Section 15 of the Resource Management Regulations.More
9 December 2019
Dry appraisal well on the 35/11-23 oil and gas discovery near the Fram field in the North Sea – 35/11-23 A
Equnior Energy operator of production licence 090, has concluded the drilling of appraisal well 35/11-23 A. The well was drilled about 3 km southwest of Fram field. It was proven in November 2019 in two sandstone intervals in Upper Jurassic reservoir rocks (the Sognefjord Formation). The operator’s resource estimate prior…