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4 November 2019
Huisman to Deliver Giant Crane for Bokalift 2
Huisman, the worldwide specialist in renewable offshore wind and geothermal energy, oil and gas, civil industries and entertainment markets, was chosen by Royal Boskalis Westminster N.V. (Boskalis) to deliver a 4,000mt Offshore Mast Crane (OMC) to be installed on their crane vessel Bokalift 2.This commitment reinstates Boskalis’ confidence in Huisman…
4 November 2019
Seadrill Limited Announces Contract Award for the West Tellus
Seadrill Limited has secured a two year contract with Petroleo Brasileiro S.A. (“Petrobras”) for the West Tellus in Brazil. Total contract value is expected to be approximately $170 million, inclusive of managed pressure drilling and ancillary services, with commencement expected in 4Q 2019, in direct continuation of its current contract…
4 November 2019
Shearwater GeoServices Awarded South Africa Seismic Project by Total
Shearwater GeoServices Holding AS has been given a conditional letter of award for a 2D seismic acquisition and fast-track processing project by Total E&P South Africa B.V.The survey at block 11B-12B will be Shearwater’s first project offshore South Africa. It has a base duration of 2 months starting in Q4…
4 November 2019
InfraStrata plc: Islandmagee Gas Storage Project Update & 2019 Milestones
InfraStrata plc, the UK quoted company focused on strategic infrastructure projects, announced the completion of October 2019 milestones at the Islandmagee Gas Storage Project in Northern Ireland.With these milestones now complete, management is working closely with the Northern Ireland Environment Agency ("NIEA") and the Department of Agriculture, Environment and Rural…
4 November 2019
More Technology to Create Value
The Norwegian Petroleum Directorate wants to contribute to the industry developing and using even more technology to create value on the Norwegian shelf. A task force has presented nine proposed measures to achieve this.The group was made up of representatives from the Norwegian Petroleum Directorate (NPD), other authorities, oil companies…
4 November 2019
Subsea 7 Awarded Contract Offshore Norway
Subsea 7 announced an award by OneSubsea®, the subsea technologies, production and processing systems division of Schlumberger, a front-end engineering design (FEED) study for the subsea umbilicals and flowlines system of the Ormen Lange Field, operated by A/S Norske Shell, in the Norwegian Sea.A/S Norske Shell awarded OneSubsea an engineering,…
4 November 2019
Subsea 7 Awarded Contract Offshore Taiwan
Subsea 7 announced the award of a sizeable(1) contract for Seaway 7, Subsea 7's Renewables and Heavy Lifting business unit, from Jan de Nul for the Formosa 2 Offshore Wind Farm project in Taiwan.The contract scope includes the transportation, pre-piling and installation of 47 jacket foundations for wind turbines. Seaway…
4 November 2019
Seaway 7 Awarded Contract for Floating Offshore Wind Farm Project
Seaway 7, Subsea 7’s Renewables and Heavy Lifting business unit, has been awarded a contract(1) from Equinor Energy AS for the installation of 11 inner array and two export cables on the Hywind Tampen floating offshore wind farm project, offshore Norway.The Hywind Tampen project is an 88 MW offshore wind…
4 November 2019
Giant Leap Forward in Floating Wind: Siemens Gamesa Lands the World’s Largest Project, the First to Power Oil and Gas Offshore Platforms
The world’s largest floating wind power plant will be installed in Norway, equipped with 11 Siemens Gamesa SG 8.0-167 DD turbines. Scheduled to be commissioned in late 2022, Hywind Tampen will be the first ever floating wind power plant to power offshore oil and gas platforms.“We are pleased to have…
4 November 2019
Sembcorp Marine Secures FPU Construction and Integration Contract for Shell’s Whale Field Development in Gulf of Mexico
Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico.The agreement precedes a final investment decision for the full Whale project, expected…
31 October 2019
Global Engineering & Construction Secures Contract Award and Frame Agreement with EnQuest
Integrated Engineering Procurement and Construction (EPC) Contractor, Global E&C, has been awarded a contract as the default construction contractor for a number of EnQuest’s UK offshore assets and has also secured a position on EnQuest’s EMRS (Engineering, Modifications and Repair Services) framework for brownfield services (including survey, engineering and fabrication).As…
31 October 2019
Fugro to Monetise part of its Interest in Global Marine
Fugro has taken notice of the 30 October press release from HC2 Holdings, Inc., (HC2) in which it announced the sale by Global Marine Group (GMG) of its stake in Huawei Marine Networks (HMN). Through its ownership of 23.6% in GMG, Fugro will be able to monetise part of its…
31 October 2019
Landmark Achievement for Jan De Nul in Asia
Jan De Nul Group completes Formosa 1 Phase 2 Offshore Wind Farm scope.After four months of installation activities, Jan De Nul Group announced the completion of an extensive EPCI scope for foundations, power cables and scour protection on the Formosa 1 (Phase 2) Offshore Wind Farm, owned by Formosa 1…
31 October 2019
New Well Intervention and Stimulation Alliance Established to Accelerate and Unleash Production Potential
Expanded: Aker BP, Schlumberger and Stimwell Services establish Well Intervention and Stimulation Alliance to accelerate and boost oil production.The 5+5 year tripartite agreement was signed by the CEOs of the three alliance partners at a venue at Aker BP’s Headquarter at Fornebu Tuesday 29 October.Through collaboration, innovative technologies and digitization…
31 October 2019
Nord Stream 2 Granted a Construction Permit by Denmark
Nord Stream 2 AG obtained the permit to construct its planned pipeline system in the Danish Exclusive Economic Zone (EEZ) south-east of Bornholm. The permit was granted by the Danish Energy Agency, which is in charge of the application, and covers a 147-km-long route section.“We are pleased to have obtained…
31 October 2019
Equinor Awarding Hywind Tampen Contracts Worth NOK 3.3 billion
On behalf of the Gullfaks and Snorre partners, Equinor signed contracts totalling around NOK 3.3 billion for the Hywind Tampen wind farm development.The contracts have been awarded to Kværner AS, Siemens Gamesa Renewable Energy AS, JDR Cable System Ltd and Subsea 7 AS.“The signing of five major contracts is a…
31 October 2019
Tap Oil Limited: Manora 2019 Exploration Drilling Program
- Manora Joint Venture partners have approved a three well exploration drilling program plus a contingent appraisal side-track well scheduled to spud in the last week of November 2019.- The exploration wells, in order of drilling, are Inthanin-1, Yothaka East-1 and Krissana-1.- The contingent appraisal side-track is dependent upon success…
31 October 2019
VAALCO Provides Update on Drilling of Etame 9H Development Well and the Etame 9P Appraisal Well
VAALCO Energy has provided an update on its 2019/2020 drilling program offshore Gabon.At the Etame field, the Company has begun drilling the Etame 9H horizontal development well targeting the Gamba formation, as planned. If successful, the Etame 9H well is expected to result in additional production coming online in December.…
31 October 2019
Total Sells Its Interest in Offshore Block CA1
Total has signed an agreement to sell wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei — to Shell(1) for $300 million. The transaction is subject to approval by the competent authorities and…
31 October 2019
Maersk Drilling Awarded One-well Development Contract by Serica UK
Maersk Drilling has entered into a contract with Serica Energy UK Ltd. to drill a subsea development well at the Columbus Development in the Central part of the UK North Sea. The contract value is USD 8m. The contract is expected to commence in Q4 2020, with an estimated duration…
30 October 2019
ConocoPhillips Awards EPCI Contract for Barossa Floating Production, Storage and Offloading Facility
ConocoPhillips Australia as operator of the Barossa joint venture has awarded an Engineering, Procurement, Construction and Installation (EPCI) contract for the Barossa Floating Production, Storage and Offloading (FPSO) facility to MODEC International Inc.Under the contract, MODEC will deliver a new build facility to be permanently located in the offshore development…
30 October 2019
Polarcus Secures 4D Seismic Project Offshore West Africa
Polarcus Limited announced that an award has been received for a 4D marine seismic acquisition project offshore West Africa. The project duration is approximately two months and is scheduled to commence in Q4 2019 following a scheduled class docking.
30 October 2019
TGS Announces 3D Project Offshore Argentina
TGS announced a new 3D multi-client project offshore Argentina. The Malvinas 3D survey will cover approximately 7,300 square kilometers of highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year. The survey will employ one Shearwater vessel, with operations set to commence in Q4 2019…
30 October 2019
BW Offshore: BW Energy Announces Revised Plan of Development for Ruche Phase 1
BW Offshore Limited (BWO) announced a revised Ruche development plan including the Hibiscus discovery which will accelerate production growth from the Dussafu license offshore Gabon. Under the revised plan, estimated gross production from Ruche phase 1 is forecasted to double from 15,000 bbls/day to 30,000 bbls/day. These volumes will come…
30 October 2019
Well-Safe Solutions Secures Major Investment for Next Phase of Growth
Well-Safe Solutions has secured a significant new £66 million investment to fund the next phase of its journey as a tier one well decommissioning company.MW&L Capital Partners has led the new round of investment, bringing together a consortium of private investors to acquire a major stake in the business.Expenditure on…
30 October 2019
Hess Announces Gulf of Mexico Oil Discovery and Plans for Tie Back to Tubular Bells Production Facilities
Hess Corporation announced an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico.Esox-1 was drilled in 4,609 feet (1,405 meters) of water and encountered approximately 191 net feet (58 meters) of high quality oil bearing Miocene reservoirs. Esox-1 is…
30 October 2019
Worley Confirms Acquisition of Offshore Wind Energy Specialist 3sun Group
Worley announced the acquisition of 3sun Group, the UK-based installation, inspection and maintenance specialists in the offshore wind sector.The transaction will combine the companies’ complementary offshore capabilities to bring a complete engineering, procurement, construction, operations and maintenance offering to the global offshore wind market. In doing so it will further…
30 October 2019
Port of Blyth Announce £1 million Wind Turbine Training Facility
In a first for the UK wind industry the Port is installing a bespoke wind turbine training facility at its Bates terminal as part of a £1m investment in training provision aimed at the offshore energy sector.With the rapid growth of renewable energy providing the North East with major inward…
30 October 2019
Result of Draugen Well Infill Ø 6407/9-11
Reference is made to the stock exchange notice published on 15 October 2019 regarding OKEA ASA's live-streaming of logs from the Draugen drilling campaign.OKEA has now completed drilling of the reservoir section of the Infill Ø well (6407/9-11) in the Draugen Field. The well targeted a possible unswept oil accumulation…
30 October 2019
i3 Energy plc: Serenity Oil Discovery and Corporate Update
i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced the following corporate update. Highlights: - The Serenity 13/23c-10 well was successfully drilled on the Company's 100% owned Serenity prospect and is an oil discovery, with preliminary well results that are consistent with…
30 October 2019
Spirit Energy Raises Production from Key North Sea Field after Successful Drilling Campaign
Production has been boosted from a North Sea gas field as part of a £68.5 million campaign.First gas from a new well at Spirit Energy’s Chiswick field in the Southern North Sea was achieved in July 2019 and has added up to an additional 25 million standard cubic feet of…
30 October 2019
Dry Well near the Troll Field in the North Sea – Well 32/4-3 S
Equinor Energy AS, operator of production licence 921, has completed the drilling of wildcat well 32/4-3 S.The well was drilled about 30 kilometres southeast of the Troll field in the North Sea and 60 kilometres northwest of Bergen.The primary exploration target for the well was to prove petroleum in Upper…
29 October 2019
Independent Oil and Gas plc: Farm-out Completion and Phase 1 Final Investment Decision
Independent Oil and Gas plc ("IOG"), the development and production company focused on becoming a substantial UK gas producer, announced that it has now completed its farm-out transaction with CalEnergy Resources Limited (“CER”) as announced on 26 July 2019 and taken Final Investment Decision (“FID”) on Phase 1 of its…
29 October 2019
McDermott Announces Substantial Completion of PEMEX Abkatun-A2 Platform
McDermott International, Inc. announced substantial completion of PEMEX Exploracion y Produccion's Abkatun-A2 Platform. The production platform is located in Mexico's Bay of Campeche in the Gulf of Mexico. This milestone means the platform has now been turned over to the owner to begin commercial operations."With substantial completion of the Abkatun-A2…
29 October 2019
Mermaid Secures 3 Year Key Contract Extension for Subsea Services in the Middle East
The contract extension, worth approximately US$ 162 million to Mermaid, has been secured with a reputable oil major by a joint-venture company formed between Mermaid and a local offshore services operator in a GCC country in the Middle East. The duration of the contract extension is for a firm period…
29 October 2019
Deepocean Announces Name of Subsea Trenching Business as Enshore Subsea
On 28 October, DeepOcean revealed the new name and brand for the subsea trenching division. From 1st November 2019, DeepOcean’s world-renowned trenching divisions will become Enshore Subsea, known as Enshore.At Enshore, DeepOcean have the world’s most technically advanced and comprehensive portfolio of seabed trenching and seabed tooling technology, a leading…
28 October 2019
Maximum Utilization of Power from Shore to Utsira High Helps Further Reduce Emissions
From 2022 inclusive the Johan Sverdrup field will supply the Gina Krog, Ivar Aasen and Edvard Grieg fields with power from shore. The area’s licence partners have recently agreed on maximizing the utilization of power from shore to the area by enabling partial electrification of the Sleipner field centre as…
28 October 2019
Opportunity for Seabed Intervention and UXO-campaign Works in Belgian North Sea and Baltic Sea
The Department for International Trade in the British Embassy in Brussels announced that the Elia-group has issued a tender for seabed intervention and UXO-campaign works in Belgian North Sea and Baltic Sea for a 3 year period (2020-23).This is a joint tendering for Elia Asset, 50 Hertz and NemoLink. It…
28 October 2019
Cairn: Mexico Drilling Update
Cairn has completed the first well in its drilling programme offshore Mexico.The exploration target of the Alom-1 well on Block 9 was to prove hydrocarbons in stacked Pleistocene targets.The objectives were found to be dry and the well will now be permanently plugged and abandoned.Data has been collected and preliminary…
28 October 2019
EMGS: New Multi-client Contract
Electromagnetic Geoservices ASA ("EMGS") announced that the Company has signed a USD 8 million multi-client contract with an undisclosed customer.Under the contract, the customer will license certain data from the Company's existing EM multi-client library in Norway and settle future potential uplift obligations towards the Company for certain multi-client data…
28 October 2019
Blue Sustainable Ocean Strategy
The European Investment Bank launched a new strategy to support the economic activities related to the oceans while preserving the health of the seas and coasts and protecting their biodiversity. This factsheet presents the EIB Blue Sustainable Ocean Strategy and details the different sectors that the EIB will be investing…
28 October 2019
Orca-1 Exploration Well Makes Major Gas Discovery Offshore Mauritania
Kosmos Energy announced that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The results continue the 100 percent success rate from nine wells targeting the inboard gas trend in Mauritania/Senegal.The Orca-1 well, which targeted a previously untested Albian play, exceeded pre-drill expectations…
28 October 2019
First Borssele III & IV Monopile in Place
After two years of preparation, the first monopile has been installed for the Borssele III & IV offshore wind farm by Van Oord's offshore installation vessel Aeolus. In the coming months, Van Oord will place a total of 77 monopiles for the Borssele III & IV and 2 for the…
28 October 2019
Viking Supply Ships AB Co-invests in New Vessels
Viking Supply Ships AB has in partnership with funds managed by Borealis Maritime entered into a contract to purchase two vessels currently under construction. In addition to the partial ownership, the Group has been awarded full operational and commercial management of the vessels by Borealis Maritime.The two new vessels are…
28 October 2019
New Resources Discovered in the Gulf of Suez Offshore Egypt
Eni announced the discovery of new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, where the operating company Petrobel, equally held by Eni and by the Egyptian General Petroleum Corporation (EGPC), drilled an appraisal well of the discovery of Sidri South, announced last July.The Sidri…
28 October 2019
The Norwegian Competition Authority Rejects the Merger Between Prosafe and Floatel
The Norwegian Competition Authority (“NCA”) has issued a Statement of rejection to Floatel and Prosafe regarding the proposed merger.Prosafe will study the decision in detail, and expects to decide on whether to appeal shortly and within the deadline in 3 weeks.
25 October 2019
New Decommissioning Cutting Tool Passes Tests With Flying Colours
Balmoral Subsea Test Centre’s submersion tanks were called into action recently with a requirement to put an innovative new cutting and sealing tool for the decommissioning sector through its paces.Accrington-based Allspeeds, the sole manufacturer of ‘Webtool’ hydraulic ROV cutters and systems, was awarded a contract by Chevron USA to develop…
25 October 2019
Melbana Energy Limited: Cuba Update
Melbana Energy Limited provided the following updates regarding its Block 9 Production Sharing Contract (Block 9 PSC) in Cuba:1. As advised in its announcement of 3 October 2019, Melbana had been informed that all the amendments it had requested to its Block 9 PSC with CUPET, the national oil company…
25 October 2019
Coro Energy plc: Tambak-2 Operational Update
Coro Energy plc, the Southeast Asian focused upstream oil and gas company, provided an operational update in relation to the drilling campaign in the Duyung Production Sharing Contract in the West Natuna basin, offshore Indonesia, in which Coro holds a 15% interest.Following the drilling of the Tambak-2 well as announced…
25 October 2019
Deep Down Receives Orders Worth Over $2.0M For Custom Offshore Equipment and Services
Deep Down, Inc., a specialist in complex deep-water oil and gas distribution equipment and services, announced that it has received orders exceeding $2.0M from different customers, within one week.The orders are for Flying Leads, Riser Isolation Valve controls, and other offshore equipment and services, primarily destined for the Gulf of…