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29 September 2016
Subsea Pipeline Repair Restores Hong Kong Gas Link
Pipeline technology specialist STATS Group has completed its first subsea isolation project in China on a 780-kilometer pipeline crucial for supplying gas to Hong Kong.STATS Group was contracted by COOEC Subsea Technology to provide a temporary isolation of the Yacheng pipeline in the South China Sea. The pipeline had been…
28 September 2016
UAE Rig Builder Lamprell Plans to Cut Costs Further
Middle East rig builder Lamprell has said that it plans to further cut its costs in a bid to shore up finances as it faces up to an increasingly tough business climate. It follows a move to reduce workforce numbers earlier this year, which reduced costs by an estimated US$5…
28 September 2016
Ivar Aasen Work for GM Deep Sea Mooring
Norway’s Global Maritime Deep Sea Mooring has won a contract from compatriot Det Norske Oljeselskap for mooring work on two units on the Ivar Aasen field in the northern North Sea.GM Deep Sea Mooring will secure Prosafe’s semi-submersible accommodation unit Safe Zephyrus as well as the ultra-harsh environment jack-up Maersk…
28 September 2016
Petsec Energy Ltd Announces Arrival of Hummer Rig On Site
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to advise the successful installation of the Hummer platform jacket over the Main Pass 270 #3 discovery well offshore Louisiana, Federal Waters, USA. The Ensco 87 jack-up rig has now arrived at the platform jacket site in Block 270 to undertake the next…
28 September 2016
New Deal Sees Subsea Ship Secure Extension but Reduced Rate
The latest addition to Volstad Maritime’s fleet of vessels was ordered when conditions in the offshore vessel market were very different from those that prevail now – the ship’s time charter has been significantly amended as a resultEarly May 2016 saw the subsea construction vessel Grand Canyon III delivered to…
28 September 2016
ACE Winches Delivers Subsea Infrastructure Project
Leading global deck machinery specialist ACE Winches has completed a scope of work [for Technip] as part of a subsea infrastructure project in the Loyal field, west of the Shetland Islands. Quad204 is the redevelopment of the Schiehallion and Loyal fields, located 175 km west of Shetland and 15 km…
28 September 2016
Running Like a Clock on the Seabed
The world’s first subsea gas compression system has now been in operation for one year on the Åsgard field. The system has been running like a Swiss clock with practically no stops or interruptions.It was in September 2015 Statoil and its partners started up the world’s first subsea gas compression…
28 September 2016
Cancellation of Rig Contract
Statoil has decided to cancel the final phase of the contract with North Atlantic Drilling for the West Epsilon jack-up rig. The rig has been on contract to Statoil since 29 December 2010, performing operations for the Sleipner, Gudrun and Huldra licences. West Epsilon is currently performing permanent well plugging…
28 September 2016
Siem Offshore Contractors Picks Tekmar for Beatrice Cable Protection
Tekmar Energy has been selected to supply the cable protection systems for the inner array grid cable system for the 588 MW Beatrice offshore wind farm, Siem Offshore Contractors (SOC) informed on Wednesday.In June 2016, SOC was awarded the contract for the turnkey supply and installation package of the inner…
27 September 2016
Farstad Wins Congo Subsea Gig With Total
Total E&P Congo has through Petro Services awarded the CSV Far Sleipner a contract of 18 months to support their subsea development activity in Congo, Norwegian shipowner Farstad informed on Tuesday.According to the Oslo-listed company, start of the contract will take place during Q4 2016. Total has option to extend…
27 September 2016
BP Signs Three Concession Amendments and Reaches Record Production for the Nooros Field in Egypt with Partners
Partners also celebrate successful appraisal results from Baltim discoveryBP today announced it has signed with His Excellency the Egyptian Minister of Petroleum, Eng. Tarek El Molla, concession amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt. These amendments allowed for the economic development of the…
27 September 2016
Production Resumed on Goliat
Eni Norge resumed production on the Goliat field early Tuesday morning. Full production is expected to be reached within short, with full reinjection of gas and produced water.Production was halted on August 26th caused by gas detection in an unwanted area, during a planned venting of gas, as part of…
27 September 2016
IMCA to Stage Aberdeen-Based Diving Seminar
The International Marine Contractors Association (IMCA) will host a Diving Seminar in Aberdeen on Wednesday 9 and Thursday 10 November. This event is a continuation of IMCA’s new series of mini-seminars – niche events tailored to tackle specific topics.Taking place at the Holiday Inn Aberdeen West the two-day Seminar is…
27 September 2016
Seacroft Marine Consultants Wins Six-figure Chevron North Sea Contract
Seacroft Marine Consultants has won a six-figure contract with oil major Chevron in the North Sea.The company has netted a three-year term with two additional one year options, for the provision of Emergency Response and Rescue Vessel (ERRV) assurance services in the region.The deal with Chevron means new business wins…
27 September 2016
Neptune Awarded Quadrant Inspection Support Services Contract
Neptune is pleased to announce that it has recently been awarded an inspection support services contract by Quadrant Energy Australia Ltd.The contract, which commenced late June, involves the provision of qualified personnel for routine inspection services, as part of the statutory compliance programs on Quadrant’s Varanus Island, Devil Creek Gas…
27 September 2016
Topaz Secures Substantial Contracts
Topaz Energy and Marine, a leading offshore support vessel company, has secured substantial contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than US$500 million. The two contracts bring…
27 September 2016
Sea Trucks Group Announces Contract Award in Mexico
Sea Trucks Group (“Sea Trucks”) is pleased to announce the award of a charter for the Jascon 31 from Permaducto S.A. de C.V. (Protexa) for the provision of Accommodation and Heavy Lift services in the Gulf of Mexico.Sea Trucks will provide accommodation and lifting services in support of repair works…
27 September 2016
Revision to Baron Oil option
InfraStrata plc (AIM:INFA), announces that it has agreed to a modification of the option held by Baron Oil Plc (“Baron”) to acquire equity in Islandmagee Storage Limited (“IMSL”), the gas storage development company owned 90% by the Company.On 19 August 2016, the Company announced that it had repaid a loan…
26 September 2016
Trelleborg Partners with Unique Group to Extend Presence in India
Trelleborg’s extensive range of innovative solutions is taking performance to new levels Unique Group’s India office has been selected by Trelleborg’s offshore operation as one of its agents in India. As a part of the agreement, Unique Group’s base in India will offer the full range of solutions from Trelleborg’s…
26 September 2016
Petrofac Completes Well Decommissioning for Tullow
Petrofac has completed well decommissioning for Tullow Oil in the Southern North Sea.Well engineering and well project management services were deployed within the six-month contract for the Horne & Wren asset in support of Petrofac’s established position as Duty Holder.As a part of Tullow Oil’s Thames Area Complex decommissioning project,…
26 September 2016
Dong Ends Maersk Resolve contract
Maersk Drilling has received a letter of early termination for its Maersk Resolve jack-up rig from fellow Danish player Dong Energy.The rig has been under contract at Dong’s Hejre field in the Danish sector of the North Sea since 2013, and was scheduled to be contracted until January 2017.However, planned…
26 September 2016
GeoStreamer Complete Wavefield Seismic in the Browse Basin, Australia
The Browse Basin offshore Australia is characterized by interlayered carbonates and clastics and has historically been interpreted as a gas play. Signal penetration has been problematic and seismic data from this area has generally been poor. This has prevented a clear assessment of deeper structures with hydrocarbon potential. Techniques relying…
26 September 2016
Petrofac takes over Lewek Emas FPSO
UK’s offshore services provider Petrofac has reportedly completed the takeover of the Lewek Emas FPSO.The sale of the FPSO was previously agreed in principle, between Emas Offshore and PetroFirst.PetroFirst is a joint venture between First Reserve, a global, private equity and infrastructure investment firm focused exclusively on energy, and Petrofac,…
26 September 2016
Brazil Planning New Rounds of Oil-rights Auctions in 2017 3rd Qtr
Brazil is likely to hold its 14th round of oil rights concession auction and its second-ever auction of sub-salt production sharing rights at the same time in the third quarter of 2017, an Energy Ministry official told reporters on Friday.The government also plans to hold an auction for marginal oil…
26 September 2016
RAK Petroleum Reports Completion of Four-Year Development Campaign in Côte d'Ivoire
RAK Petroleum plc, the Oslo-listed oil and gas investment company, announced today the completion of a four-year, $850 million field development programme by operator Foxtrot International LDC in Block CI-27 offshore Côte d'Ivoire. Two new gas fields, Marlin and Manta, have been brought on stream following the installation of a…
26 September 2016
Contract Award for Lamprell PLC
Lamprell (ticker: LAM), a leading provider of fabrication, engineering and contracting services to the energy industry, is pleased to announce that it has received a new contract award from Jacktel AS, a wholly owned subsidiary of Master Marine AS, ("Master Marine"), for the upgrade of the mobile operating unit "Haven"…
26 September 2016
Chevron Presses Ahead with Jansz-Io Platform
US supermajor Chevron is gathering information from major services companies as part of its preparations for building a large semi-submersible gas compression platform for the Jansz-Io field off Western Australia.The compression platform project is currently in a concept design phase with WorleyParsons focused on topsides design and Aker Solutions involved…
26 September 2016
Maersk Set to Line up Tyra Tenders
Maersk Oil is set to issue bid documents early next year for its Dkr30 billion ($4.48 billion) Tyra gas redevelopment project off Denmark, assuming it gets vital financial assistance from the government in Copenhagen.The fabrication fare this seven-platform North Sea project could generate is already whetting the appetites of work-hungry…
26 September 2016
Oil and Gas Subsea Umbilical Market Analysis, Prediction by Region, Type and Technology to 2021
The Oil and Gas Subsea Umbilical market research report is a professional and in-depth study on the current state of the industry. The report provides a basic overview of the Oil and Gas Subsea Umbilical industry including definitions, classifications, applications and Market chain structure.The Oil and Gas Subsea Umbilical market…
23 September 2016
Eni Eyes Goliat Restart 'Within Days'
Eni is gearing up for an imminent resumption at its problematic Goliat oilfield in the Barents Sea off Norway.The Italian major will initially start output from the cylindrical floating production platform at a reduced rate before soon pushing for a resumption of full production."Eni Norge is preparing to resume production…
23 September 2016
DONG Energy to Build ‘Game-changing’ Operational Hub for Offshore Wind in Grimsby
DONG Energy is today (22 September 2016) announcing plans for a £multi-million investment in Grimsby to create the UK's largest offshore wind operations and maintenance hub.Subject to planning approval, the new facility will be developed in the town's Royal Dock and will initially support Westermost Rough, Race Bank and Hornsea…
23 September 2016
Baltim South West, in the Nile Delta, Exceeds Expectations
Eni upgraded the field potential of Baltim South West to 1 trillion cubic feet (Tcf) of gas in place, following the results of the appraisal well Baltim South West 2X, drilled immediately after the successful drilling of the discovery well Baltim South West 1X. #The Baltim South West field is…
23 September 2016
Petrofac Awarded Statoil contract
Petrofac Training Services has been awarded a significant contract for Training and Emergency Response Services with Statoil (U.K.) Limited to support its UKCS operations.In the new five-year training partnership, Petrofac Training Services is appointed as Statoil’s preferred supplier and will provide a wide range of HSE, survival, fire and marine…
23 September 2016
Schlumberger Executes Contract with PETRONAS for Multiclient Wide-Azimuth Deepwater Seismic Survey in the Campeche Basin
Schlumberger announced today that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., has signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico.“We are pleased to have the opportunity to expand our collaboration…
23 September 2016
Gazprom Discovers New Field on Sea of Okhotsk Shelf
In the course of geological exploration of the Kirinsky prospect in the Sea of Okhotsk, a prospecting and appraisal well was drilled in the Yuzhno-Lunskaya structure within the Sakhalin III project. As a result, a substantial gas and condensate inflow was reported, signaling the discovery of a new field.As soon…
22 September 2016
Seamec Wins Persian Gulf Gig
BSE-listed Seamec has entered into a agreement with Sanat Gostar Kish Co for charter hire of the diving support vessel Seamec Princess.The vessel will be engaged in Persian Gulf for a period of 50 days with option for extension.According to India-based provider of diver support vessel-based diving services, the charter…
22 September 2016
Claxton Launches New Latest Evolution Conductor Recovery Tower and SABRE™ Cutting System to Improve Performance
Claxton, an Acteon company, has successfully introduced the latest modular versions of its conductor recovery tower and SABRE™ abrasive cutting system to increase efficiency and flexibility in decommissioning and late life projects. First developed in 1999, SABRE™ has proven to be an invaluable industry tool and has been successfully used…
22 September 2016
RGU to Propose Skills Training Framework for India’s Subsea Sector
Robert Gordon University (RGU) has been awarded funding from the UK Government to establish a sustainable training framework for the Indian energy sector with a focus on accelerating skills development in deep-water subsea. The university announced the funding after it welcomed the Indian Minister for Petroleum and Natural Gas, Mr…
22 September 2016
Polarcus Awarded Broadband 3D Project in Australasia
Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has received a contract award for a broadband 3D marine seismic project in Australasia.The project is due to commence in Q4 2016 and will run for approximately one month.
22 September 2016
CGG Completes Phase 1 Processing for Davros Multi-Client Survey in Northern Carnarvon Basin
CGG announced today that the final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis™ and BroadSource™ multi-client survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia is available now. With over 6,400 km2 already acquired, Davros is the largest multi-client seismic program…
22 September 2016
Spectrum commences an 1,800 km2 Multi Client 3D Seismic Survey Offshore Norway in the Western Barents Sea
Spectrum commences an 1,800 km2 Multi Client 3D seismic survey offshore Norway in the Western Barents Sea.The new survey, designed based on interest from industry will tie and complement Spectrum's existing 3D surveys in the area. When completed the combined coverage will total close to 20,000 km2 over prospective and…
22 September 2016
Denmark Determined to Continue Production at Ageing North Sea Gas Field
The Danish government is determined to find an economically viable solution that will allow A.P. Moller-Maersk's energy arm to continue production at the Tyra gas field in the North Sea, energy and climate minister Lars Christian Lilleholt said on Wednesday."I am convinced that we will find a solution as soon…
21 September 2016
Still Significant Interest in Exploration in Mature Areas – APA 2016
When the application deadline for awards in pre-defined areas (APA) 2016 expired on 6 September, the authorities had received applications from 33 companies.“It is very positive that so many companies still believe that more oil and gas can be discovered on the most mature parts of the shelf. We have…
21 September 2016
Thailand Looks Ahead: Gears Up for Oil, Gas Decommissioning Work
Decommissioning is expected to assume greater significance in Thailand’s oil and gas industry as the kingdom enters its fourth decade as a producer. Ageing infrastructure, particularly those located in the Gulf of Thailand, and a gradual depletion of petroleum resources could nudge the sector to take the first steps towards…
21 September 2016
ABB to Divest Cable Business to NKT Cables
NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of electricity over long distances. The business is part of ABB’s Power Grids division,…
21 September 2016
Oceanteam Manages to Extend Two Vessel Contracts
With an oil price that fluctuates between 40 and 50 dollars per barrel, many players in the oil and gas industry are in dire straits. Investments in new projects are postponed until further notice or even cancelled. One of the consequences is an overcapacity of vessels worldwide. In these extremely…
21 September 2016
Spectrum wins 2D Offshore Mozambique Seismic Award
Spectrum has recently been awarded Tender Area 2 covering the southern Rovuma and north-eastern Zambezi Basins, offshore Mozambique, proposing to undertake a comprehensive long-offset Broadband 2D multi-client seismic survey. The survey will be a variable grid with lines spaced from 10 km to 20 km, totalling in excess of 16,000…
21 September 2016
Fugro's Cable Lay Spread Reduces Vessel Downtime at Offshore Wind Farm Developments
An innovative development by Fugro for its work class remotely operated vehicles (ROVs) has been utilised successfully in cable lay touchdown monitoring operations at the Rampion Offshore Wind Farm.A new track base unit, fitted to its FCV ROV, has been introduced to ensure highly accurate cable positioning during cable lay…
20 September 2016
Oceanteam Secures Cable Storage Contract
Oceanteam Solutions has been awarded a long-term contract to supply an Offshore Transmission Owner (OFTO) with port facilities, loadouts and storage of cables at Oceanteam’s own cable storage facility in Velsen Noord, The Netherlands.The transpooling of the cable will be performed by the company’s cable handling crew end of this…
20 September 2016
Flexlife Group (Flexlife) and Deep Water Concession Limited of Nigeria Announcement
The Flexlife Group (Flexlife) and Deep Water Concession Limited of Nigeria are pleased to announce after working together on a number of projects on a non-exclusive basis for the past 2-years, they have formalised their relationship by signing an exclusive Cooperation Agreement to work with each other in Nigeria.Flexlife is…