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12 November 2019
VOS Start Operating for New Client in Belgian Waters
Vroon's dedicated walk-to-work (W2W) vessel VOS Start is currently operating for Parkwind in the Northwester 2 Wind Farm. Located near the Belgian Coast, Northwester 2 is the seventh project to be constructed in the Belgian North Sea and Parkwind’s fourth project. The Northwester 2 Farm will comprise 23 Vestas turbines,…
12 November 2019
SDX Energy Plc: Commencement of Production at South Disouq Concession in Egypt
SDX Energy Plc, the MENA-focused oil and gas company, announced the commencement of production from its operated South Disouq concession (SDX: 55% working interest) in Egypt.Gas has been flowing through the South Disouq Central Processing Facility ("CPF") since 7th November 2019. Each of the four discovery wells have been hooked…
12 November 2019
MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Búzios Field of Brazilian Offshore Pre-Salt Oil Field
MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. ("MOL,") and Marubeni Corporation ("Marubeni,") have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system ("the FPSO") for use in…
12 November 2019
Delineation of the Draugen Field in the Norwegian Sea - 6407/9-12
OKEA ASA, operator of production licence 093 D, has now completed drilling of appraisal well 6407/9-12 on the Draugen field, toward the east.The well was drilled about 6 kilometres northeast of the Draugen platform in the southern part of the Norwegian Sea and about 125 kilometres north of Kristiansund.The field…
12 November 2019
Oil and Gas Discovery near the Balder Field in the North Sea – 25/7-7
ConocoPhillips Scandinavia AS, operator of production licence 782 S, has completed the drilling of wildcat well 25/7-7.The well was drilled about 15 kilometres northwest of the Balder field in the central part of the North Sea and 205 kilometres west of Stavanger.The primary and secondary exploration targets for the well…
12 November 2019
Cavendish Decommissioning Programmes
The following document contains two decommissioning programmes for one installation and two pipelines.There is a separate decommissioning programme for each set of associated notices served under Section 29 of the Petroleum Act 1998. The Decommissioning Programmes are for: - The Cavendish Installation (Cavendish platform); and - The Cavendish Pipelines (PL2284,…
12 November 2019
Sembcorp Marine Delivers Q7000 Well Intervention Semi-submersible Rig to Helix
On 8 November, Sembcorp Marine delivered the Q7000 well intervention semi-submersible rig to Helix Energy Solutions Group, Inc., following a fruitful collaboration between the two companies to complete the project amid challenging market conditions.Measuring 93.6m in length and 61.1m in breadth, the Q7000 was jointly designed by Sembcorp Marine and…
11 November 2019
ROVOP Celebrates Successful First year in Middle East with Recruitment Boost
ROVOP, the subsea robotics specialist, is set to add to its ranks at its Middle East base due to a rise in demand for its services following a successful first year in the region.The company is looking for experienced ROV personnel to work from its Middle East Operational Centre in…
11 November 2019
InfraStrata plc: Equity Placing to Raise a Minimum of £6.0 million via an Accelerated Bookbuild
InfraStrata, the company focused on strategic infrastructure projects, announced a proposed placing of new Ordinary Shares by way of an accelerated bookbuild to raise a minimum of £6.0 million and that, further to the announcements on 1 October and 1 November 2019, it has entered into a conditional contract to…
11 November 2019
MMA Offshore Limited Completes Acquisition of Neptune Marine Services Limited
MMA Offshore Limited (“MMA”) announced that it has completed the acquisition of the business of Neptune Marine Services Limited (“NMS”) by acquiring its key operating subsidiaries.The final purchase consideration of A$18.5 million comprised A$5.0 million in cash and the issue of 67.6 million MMA shares to Neptune Marine Services Limited1…
11 November 2019
TGS Secures Rights to New 3D project in Prolific Malay Basin
On 8 November, TGS announced that it has signed a contract with Petroliam Nasional Berhad (PETRONAS) awarding TGS and partners the exclusive rights to seek pre-funding for a project to deliver to industry a contiguous broadband 3D volume of over 40,000 sq km covering the Malay Basin. The resulting Peninsular…
11 November 2019
Woodside Approves Pluto-NWS Interconnector Pipeline
Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf (NWS) Interconnector and has entered into contractual arrangements with DDG Operations Pty Ltd for the construction of the pipeline and its ongoing operation and maintenance.The Pluto-NWS Interconnector will connect Pluto LNG and the NWS…
11 November 2019
Ithaca Energy Limited Completes Acquisition of Chevron North Sea Limited
Ithaca Energy Limited announced that it has completed the $2 billion acquisition of Chevron North Sea Limited (“CNSL”). The transaction provides a material and important step up in the scale and breadth of the Company’s asset base, adding ten additional producing field interests to the existing portfolio, along with a…
11 November 2019
Hurricane Energy plc: Response to Media Speculation
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provided an update in relation to the 204/30b-4 ("Warwick West") well.The Company noted the media speculation regarding the Warwick West well. The well is due to commence testing soon. The timing…
11 November 2019
Full Speed Ahead for Ærfugl Phase 2
The Ærfugl partners have decided to proceed with Phase 2 of the Ærfugl project in the Norwegian Sea, three years ahead of the original plan. The Ærfugl field, which produces via Skarv FPSO, is one of the most profitable development projects on the Norwegian shelf with a break-even price of…
8 November 2019
Over £4m Worth of Consultancy Wins for Costain’s Energy Business
Costain, the smart infrastructure solutions company, has secured some £4m worth of consultancy contracts for the energy market which will see the Group shaping the future for sustainable operations and improved efficiencies at several UK onshore gas terminals by providing engineering design services.The contract awards also include topside modification projects…
8 November 2019
Significant Contract Award for Solstad Offshore ASA by Woodside
Solstad Offshore ASA has entered into a contract with Woodside for the provision of six vessels, of which two are Anchor Handlers and four are Platform Supply Vessels, to provide marine services for several offshore drilling campaigns in Australian waters commencing in December 2019.Normand Saracen, Far Senator, Normand Leader, Normand…
8 November 2019
Pandion Energy Divests its 20 percent Share in the Duva Field
Pandion Energy has agreed to divest its 20% share in the Duva field through two transactions, one with PGNiG Upstream Norway AS and one with Solveig Gas Norway AS, each acquiring a 10% share in PL 636 and PL 636B.The Duva oil and gas field is located in the northern…
8 November 2019
SBM Offshore Awarded Contracts for ExxonMobil’s Third FPSO in Guyana Based on its Fast4Ward® Program
SBM Offshore announced that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Payara development project located in the Stabroek block in Guyana. EEPGL is the…
8 November 2019
MacCulloch Field Decommissioning Programmes
This document contains two decommissioning programmes for the MacCulloch Field:(1) MacCulloch subsea installations(2) MacCulloch intra field pipelinesMacCulloch Field Decommissioning Programmes - Subsea Infrastructure and associated Infield Pipelines
8 November 2019
Minor Oil Discovery South of the Gyda Field in the North Sea – 2/1-17 S
Aker BP ASA, operator of production licence 019 C, has concluded the drilling of wildcat well 2/1-17 S.The well was drilled about 10 kilometres south of the Gyda field in the southern part of the North Sea, and about 280 kilometres southwest of Stavanger.The primary exploration target for the well…
8 November 2019
i3 Energy plc: Liberator A2 Spud and Funding Update
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced the following corporate update. Highlights: - The successful Serenity 13/23c-10 well was plugged and abandoned as planned after the Company retrieved all expected samples and data - The Liberator A2 well has been…
8 November 2019
Petroleum Production Licence(s) P. 1028 and P. 1189 Cambo Field Development Plan
Subject to the necessary management and partner approvals, Siccar Point Energy E&P Limited are intending to apply for Consent for the development of the Cambo field, with a letter of application to provide preliminary notification of the proposals made on behalf of:Siccar Point Energy E&P Limited (Operator) 70%Shell UK Limited…
7 November 2019
Maersk Drilling Secures One-well Extension and Low-emission Upgrade for Maersk Integrator
Maersk Drilling has secured a contract extension offshore Norway for the ultra-harsh environment jack-up rig Maersk Integrator from Aker BP. In continuation of the rig’s current workscope for Aker BP, the Maersk Integrator will drill a well at the Tambar field in the Southern North Sea.The extension is expected to…
7 November 2019
BP Exploration (Alaska) Extends Worley’s Wells Support and Fluids Hauling Contract
BP Exploration (Alaska) Inc. has awarded Worley a two-year contract extension to provide wells support services and fluids hauling for BP’s North Slope operations. The extension was granted prior to BP’s agreement to sell its North Slope operations to Hilcorp Alaska, LLC.Under the contract, Worley will continue to provide wells…
7 November 2019
DOF Subsea Awarded Contracts in Trinidad and GoM
DOF Subsea announced multiple contract awards from undisclosed clients in two important growing regions, Trinidad and US GoM. Skandi Neptune has been awarded a 3-year frame agreement for IMR and light construction services with a major operator in Trinidad. She will commence operation in Trinidad late November for the 1st…
7 November 2019
Contract Awarded to Solstad Offshore ASA by Equinor
Solstad Offshore ASA has entered into a new contract with Equinor for the hire of anchor handling vessel (AHTS) Normand Ferking. The duration of the contract is 1 year firm, and in addition Equinor has the option to extend with further 2 x 1 year. Commencement is in direct continuation…
7 November 2019
Seabed Geosolutions Completes Largest OBN Project in Brazil
Seabed Geosolutions has just completed the world’s largest deepwater proprietary 3D ocean bottom node (OBN) survey in the Santos Basin, offshore Brazil.The survey, started in late 2018, covered the Buzios field, lying in around 2000 m water depth. Utilising Seabed Geosolutions’ highly efficient Manta® ocean bottom node system and associated…
7 November 2019
Masirah Oil Awards Drilling Rig Contract in Oman
Masirah Oil Limited announced that it has awarded a drilling rig contract to Foresight Offshore Drilling Limited S.A., to utilise the Foresight Driller IX jackup rig, to drill one appraisal well in Block 50 Oman.The drilling rig contract will be effective for a minimum period of 30 days and is…
7 November 2019
Island Drilling Company AS Signs Contract with Capricorn Norge AS
Island Drilling Company AS announced that the company has signed a Contract with Capricorn Norge AS the 31th of October, to drill one well on Duncan prospect — Block 35/8 in the North Sea and two optional wellsDrilling is scheduled to commence in H1 2020. Island Drilling Management will be…
7 November 2019
Shearwater GeoServices Awarded Eastern Mediterranean 3D Survey
Shearwater GeoServices Holding AS has been awarded a 3D seismic survey in the Eastern Mediterranean. The one-month survey will be executed in Q4 2019.“Shearwater has a long track record in the region, and we are pleased to return for this survey”, said Irene Waage Basili, the CEO of Shearwater GeoServices.…
6 November 2019
Borr Drilling Limited Reports New Contracts in November 2019 Fleet Status Report
Borr Drilling Limited has issued an updated fleet status report, available on the Company’s website and is attached to this release. The report includes news about five new contracts and extensions since the previous fleet status report in August 2019, comprising two newbuilds, one warm stacked rig and extensions of…
6 November 2019
PetroNor E&P Limited: Senegal Update
PetroNor noted the news that the authorities of Senegal have included the block Senegal Offshore Sud Profond (“SOSP”) in a recently launched licensing round covering all open blocks in Senegal’s offshore area. The announcement was issued by the relevant authorities at the Africa Oil Week conference in Cape Town.African Petroleum…
6 November 2019
Oceanteam Solutions Extends Storage Contract of 100+ kilometres Subsea Cable for one of its Premier Clients
Solutions extends storage contract of 100+ kilometres subsea cable for one of its premier clients.The extension follows a successful two and a half years of storage of client’s subsea cables in Oceanteam Solutions' 5300Te carousel at its cable storage facility in Velsen, the Netherlands. With this extension the contract will…
6 November 2019
Shell Agrees to Acquire EOLFI, Boosting its Floating Wind Capabilities and Expanding its Renewable Power Business
Shell has signed an agreement to buy 100% of EOLFI, a French renewable energies developer specialised in floating wind projects. The acquisition is subject to regulatory and ministerial approvals and is expected to complete in Dec 2019.This acquisition brings specialist expertise to enhance Shell’s existing wind team and a floating…
6 November 2019
SBT Energy Announce Completion of Successful Tank Testing
SBT Energy (‘SBT’), announced the completion of a successful wave-tank test programme and preliminary field trials, for their buoy concepts, part of a disruptive offshore buoy and tank technology for the renewables, oil and gas and other offshore industries.SBT’s technology covers eight unmanned offshore buoy and storage tank concepts, tested…
6 November 2019
RusselSmith Boosts ROV Fleet With Cougar Addition
In a bid to strengthen its offshore deepwater operations, RusselSmith, a Nigeria-based oilfield services provider, has chosen Saab Seaeye’s Cougar XT electric underwater robotic vehicle as an addition to its ROV fleet.“The Cougar is an ideal choice,” says RusselSmith CEO, Kayode Adeleke. “It is a powerful, highly manoeuvrable and capable…
6 November 2019
Dry Well on Skumnisse near the Draugen Field
OKEA ASA has now completed drilling of appraisal well 6407/9-12 on the Skumnisse prospect, north-east of the Draugen field. The well will now be permanently plugged and abandoned as a dry well.The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the…
6 November 2019
Oil and Gas Discovery in the North Sea
Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic metres of oil equivalent, corresponding to 38-100 million barrels of oil equivalent.“We are making one…
5 November 2019
Prosafe SE: Third Quarter 2019 Report – Good Quarter, but Prolonged Market Challenges
Prosafe reported EBITDA for the third quarter of USD 26.3 million (USD 31.3 million). Cashflow from operations was USD 39.1 million (USD 26.6 million). Due to a prolonged downturn and weaker outlook in the North Sea in particular, an impairment of USD 341 million has been made to the book…
5 November 2019
Beehive Option Notifications Received
Melbana Energy Limited advised that it has been notified by Santos Limited (Santos) that it exercises its option to acquire a 40% interest in the Permit.Melbana has also received notification from TOTAL E&P Australia Exploration Pty Ltd that it has decided not to exercise its option to also acquire a…
5 November 2019
Gulf Marine Services PLC Contract Award
GMS announced the award of a 4-year contract (firm period) for a K-Class (Small) vessel. GMS's customer is a Middle East national oil company, for which GMS will provide support for offshore activities. The work will be undertaken in United Arab Emirates waters, where the vessel will be mobilised for…
5 November 2019
MOL Agrees to Purchase a 9.57% Stake in Azerbaijan's ACG Oil Field and 8.9% in the BTC Pipeline
MOL signed an agreement with Chevron Global Ventures, Ltd and Chevron BTC Pipeline, Ltd to acquire their non-operated E&P and mid-stream interests in Azerbaijan, including a 9.57% stake in the Azeri-Chirag-Gunashli (“ACG”) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (“BTC”) pipeline that transports the crude to the…
5 November 2019
Rockhopper Exploration plc: PL032 Discovery Area Licence Extension
Rockhopper Exploration plc, the oil and gas exploration and production company with key interests in the North Falkland Basin, announced that the Falkland Islands Government has extended the PL032 Discovery Area licence (in which Rockhopper has a 40% working interest) until 1 May 2021, with no additional licence commitments. The…
5 November 2019
Equinor - Consent for Exploration Drilling in the North Sea
Petroleum Safety Authority Norway have given Equinor Energy consent to drill exploration well 35/10-5 in the North Sea.Well 35/10-5 belongs to production licence 827S, for which Equinor is the operator. The well has been given the prospect name of “Gabriel”.The geographical coordinates are:061° 11' 07.06" N003° 15' 10.86" EWater depth…
5 November 2019
Goldeneye Decommissioning Programmes
Shell’s draft decommissioning program for the Goldeneye field installations and pipelines, located in the North Sea, has been approved by the UK authorities.Goldeneye Decommissioning Programmes
4 November 2019
Tower Resources plc: Cameroon Operational Update
Tower Resources plc provided an update on operations on the Thali block in Cameroon.The Company and its subsidiary, Tower Resources Cameroon SA, have signed a contract with Geoquip Marine Operations AG to conduct the site survey at the intended NJOM-3 well location on the Company's Thali license in Cameroon. The…
4 November 2019
SEACOR Marine Announces Agreement to Sell North Sea Standby Safety Business
SEACOR Marine Holdings Inc., a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, announced that a wholly-owned subsidiary of the Company entered into a definitive sale and purchase agreement (“SPA”) to sell its North Sea standby safety business (the…
4 November 2019
Energean Oil & Gas plc: Successful Karish North Appraisal
Energean Oil and Gas plc the oil and gas producer focused on the Mediterranean, announced the successful appraisal of the Karish North Discovery, confirming best estimate recoverable resources of 0.9 Tcf (25 BCM) plus 34 million barrels of light oil / condensate(combined c.190 mmboe) significantly enhancing Energean’s discovered resource volumes…
4 November 2019
P1929 and P2304 Farm-out Exclusivity Agreement
Egdon Resources plc provided an update on the farm-out process in relation to the Resolution and Endeavour gas discoveries in UK offshore licences P1929 and P2304 respectively. Egdon subsidiary, Egdon Resources U.K. Limited (‘ERUK’), is the operator and currently holds a 100% interest in both licences.Following an extensive farm-out process,…