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8 March 2016
Planned £230m Wind Farm off Aberdeen Edges Closer to Construction Stage
Offshore survey group Fugro has started assessing the seabed in Aberdeen bay ahead of the construction stage of a £230million wind farm project.Aberdeen Offshore Wind Farm Limited (AOWFL), the joint venture company behind the project, said the information gathered would help it design the foundations for the 11-turbine scheme.While an…
8 March 2016
Hansa Hydrocarbons Enters Denmark with Two Licence Awards
Hansa Hydrocarbons Limited (Hansa) has announced that it has been provisionally awarded two new licences under the Danish 7th Licensing Round, namely Licences 7/16 and 14/16 in the Danish sector of the North Sea. The awards remain subject to ratification by the Danish parliament.Licence 7/16 covers an area of 306.4…
8 March 2016
Chevron Achieves First LNG Production at Gorgon
Chevron Corporation has announced it has started producing liquefied natural gas (LNG) and condensate at the Gorgon Project on Barrow Island off the northwest coast of Western Australia. The first LNG cargo is expected to be shipped next week.“We expect legacy assets such as Gorgon will drive long-term growth and…
8 March 2016
Total Plans Hunt for `Elephant' Oil Find Off Uruguay's Coast
France’s Total SA is weeks away from drilling one of its most important offshore exploration wells in the Americas this year as it hunts for a giant oil field in Uruguayan waters."There could be an elephant out there. This is what we’re chasing," Christian Tichatschke, Total’s exploration director in Uruguay,…
7 March 2016
Boskalis Strengthens Position in Growing Offshore Wind Market
Royal Boskalis Westminster N.V. (Boskalis) has signed a Letter of Intent (LOI) to acquire offshore activities from VolkerWessels. Under the intended transaction, Boskalis will acquire maritime and offshore wind energy related activities of VolkerWessels, being VBMS, Stemat and VSI (Volker Stevin International).Peter Berdowski, CEO Boskalis:“For many years we have been…
4 March 2016
McDermott Wins Offshore Project in the Middle East
McDermott International, Inc. announced that it has been awarded a large contract by an upstream oil and gas operator for a project offshore in the Middle East. The scope includes engineering, procurement, fabrication, transportation and installation of offshore pipelines. Engineering and offshore mobilization of McDermott’s in-house vessels has commenced for…
4 March 2016
Stinger Wins Dong Energy Contract in Danish Sector
Specialised underwater robotics technology is to be developed and offshore subsea operations provided by Stinger Technology AS under a contract awarded by Dong Energy. The contract includes environmental sampling and inspection inside the Siri platform’s oil storage tank. Engineering and planning starts in March, with offshore campaigns planned for this…
4 March 2016
FPSO Professor John Evans Atta Mills Arrives in Ghana
A new Floating Production Storage Offloading vessel christened FPSO Professor John Evans Atta Mills has arrived in Ghana.The vessel, according to a statement from Tullow Ghana, is expected to start producing oil from the TEN fields by July/August 2016.“The FPSO began its voyage from Singapore to Ghana on 23rd January…
3 March 2016
Lundin Petroleum Completes Maligan Exploration Well
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has completed the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.The Maligan well was drilled with the West Prospero jack-up rig to a total depth of approximately 1,380 metres and encountered significant gas…
3 March 2016
Santos Completes Kipper Asset Sale
Santos announced in November 2015 the sale of its 35% non-operated interest in the Kipper gas field, located in the Gippsland Basin, offshore Victoria to Mitsui E&P Australia Pty Ltd (Mitsui) for $520 million in cash.Santos has advised that the sale has been completed and it has received the sale…
3 March 2016
Dana Gas Commences Production from Zora Gas Field
Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to announce that sales gas production commenced on 28th February 2016 from the Zora Gas Field. Initial project startup was achieved on 14th January 2016 with early gas supplies being intermittent as the gas plant was…
3 March 2016
Petrobras Announces Start-up of Early Production System
Petrobras has announced that the Early Production System in the Sépia area (formerly the Nordeste de Tupi area) has commenced operations in the Santos Basin pre-salt layer. The FPSO Cidade de São Vicente floating platform is set to produce around 20,000 barrels of oil per day during the test period.Deployed…
2 March 2016
Subsea 7 Awarded Contract Offshore UK
Subsea 7 has announced it has secured a sizeable extension to the existing contract by BP Exploration Operating Company Limited, for the provision of Subsea Construction, Inspection, Repair and Maintenance (IRM) services in the North Sea.Under the terms of this agreement, Subsea 7 will provide BP with an additional two…
2 March 2016
Statoil Awarded Six Licensing Options Offshore Ireland
Statoil Exploration (Ireland) Limited has been awarded six Licensing Options in Ireland’s 2015 Atlantic Margin Licensing Round.Statoil will be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil Exploration and Production Ireland (Offshore South) Limited.Ireland’s Department of Communications, Energy and Natural Resources (DCENR) yesterday…
2 March 2016
Det Norske Acquires Noreco’s Norwegian Portfolio
Det norske oljeselskap ASA has entered into an agreement with Noreco Norway AS to acquire Noreco’s Norwegian license portfolio, including a ca. NOK 45 million cash balance. The effective date of the transaction is 1 January 2016.The license portfolio consists of seven licenses on the Norwegian Continental Shelf, including a…
2 March 2016
Fluor Finalizes Acquisition of Netherlands-Based Stork
Fluor Corporation has announced that the company closed its acquisition of Stork Holding B.V. Fluor announced in early December 2015 that the company had agreed to purchase 100 percent of Stork’s shares from UK-based private equity firm Arle Capital Partners.“I welcome our 15,000 new colleagues from Stork and we are…
2 March 2016
Ireland: 2015 Atlantic Margin Oil and Gas Exploration Licensing Round Awards
Irish Minister of State at the Department of Communications, Energy and Natural Resources, Mr. Joe McHugh, has announced the offer of fourteen new Licensing Options in the Irish offshore, following the conclusion of the first phase of awards in the 2015 Atlantic Margin Licensing Round. This phase of awards focuses…
2 March 2016
Subsea 7 Extends Charter for Normand Subsea
Subsea 7 has exercised its option to extend the existing charter with Solstad Offshore ASA for the Normand Subsea contract by approximately three and a half years, following renegotiation of terms and conditions. The new contract extension will commence in June 2016, with an option for Subsea 7 to extend…
1 March 2016
Production Drilling Started on Johan Sverdrup
At 00:00 on Tuesday 1 March the Deepsea Atlantic drilling rig commenced on the first of a total of 35 wells to be drilled in the first phase of the Johan Sverdrup field development.“The Deepsea Atlantic drilling rig is currently predrilling the first production well for the first phase of…
1 March 2016
Northland Announces First Power to Shore on Gemini Offshore Wind Project
Northland Power Inc. has announced that the first turbine of the 600 MW Gemini offshore wind project located in the North Sea is now producing power.Installation of the turbines will continue throughout 2016, led by the project's EPC contractor and co-owner Van Oord Dredging and Marine Contractors BV (Van Oord)…
1 March 2016
JDR Awarded IWOCS Contract by Aker Solutions
JDR, the leading UK-based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded a contract for intervention, workover and control systems (IWOCS) by Aker Solutions Subsea Division. The project – which is scheduled for delivery in summer 2016 – will include the first deployment…
1 March 2016
Mexico's Pemex Defers Projects Amid Oil Rout
Mexican state-run oil company Pemex has said it would put billions of dollars worth of projects on hold, citing a financial squeeze caused by the prolonged rout in global oil prices, which it expects will intensify in the near term.Slumping oil prices have battered Pemex, which will soon face increased…
29 February 2016
Harkand Wins Apache North Sea Subsea Installation Campaign
Global inspection, repair, maintenance (IRM) and light construction company Harkand has been chosen to deliver installation work to support a leading US headquartered operator with its existing drilling campaign in the Nevis South Field in the North Sea. The project will see Harkand provide project management and engineering services and…
29 February 2016
DeepOcean's New Cable Lay Vessel Arrives in the UK for Final Fit Out
DeepOcean has welcomed its advanced cable installation vessel to North East England for the mobilisation of specialist cable handling equipment for projects in the offshore renewables and subsea interconnector sectors.Operated by Darlington-based DeepOcean on a long-term charter from its owners Maersk, the vessel, Maersk Connector, represents an approximate £100m investment…
29 February 2016
Swiber Wins $100 Million EPIC Contract for a National Oil Company in South Asia
Swiber Holdings Limited has secured a contract worth about US$100 million to provide engineering, procurement, installation and construction services for a National Oil Company (NOC) in South Asia. This latest project, which includes pipelines and subsea installation works, commences immediately and is expected to be completed in the first half…
29 February 2016
ScottishPower Renewables Gives Green Light for £2.5 Billion East Anglia ONE
ScottishPower Renewables makes its final investment decision for East Anglia ONE. When built, it will be the best value offshore windfarm in the world, and one of the largest.The final investment decision is an important landmark, as it signals that ScottishPower Renewables is fully committed to the development and construction…
26 February 2016
Eni's New Successful Exploration Activities in Egypt
Eni successfully drilled a new well in the Nooros East exploration prospect, in the Abu Madi West license and it also completed the drilling of the Zohr 2X well, first appraisal well of Zohr discovery, in the Shorouk block.Eni successfully drilled the "Nidoco North 1X" well, in the exploration prospect…
26 February 2016
Government of Sri Lanka signed a Joint Study Agreement with French major Total
Marking a historic milestone in the oil and gas exploration in Sri Lanka, Hon. Chandima Weerakkody, Minister of Petroleum Resources Development, on behalf of the Government of Sri Lanka signed a Joint Study Agreement (JSA) on the 18th of February 2016 with French major Total, to explore two ultra-deep water…
26 February 2016
CNOOC Tenders 18 Offshore Blocks
China National Offshore Oil Company, or CNOOC, has issued a tender inviting foreign firms to bid for 18 blocks off China's northern, eastern and southern coast, according to a company statement.The blocks have a total size of 52,257 square km, including three blocks in the Bohai Bay area, one in…
26 February 2016
Subsea 7 Awarded Contract Offshore Egypt
Subsea 7 has announced the award of a major contract by BP, and partner DEA, for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt. This is the second phase of the West Nile Delta project, where the field development will be at depths of up…
25 February 2016
Expro Signs Subsea Framework Agreement with Statoil
Leading international oilfield services company, Expro, has secured a new framework agreement with Statoil Petroleum AS in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems delivering its large bore landing…
25 February 2016
Norwegian Oil Firms Deepen Cuts to 2016 Investment Plans
Norway's oil companies have deepened cuts to their 2016 investment plans, the latest survey by Statistics Norway showed on Wednesday, weakening the crown and heightening expectations of a rate cut by the central bank next month.Norway's leading industry has hit the brakes due to a 70-percent drop in the price…
25 February 2016
ABB to Improve Uptime and Reduce Maintenance Costs for Unmanned Oil Platforms
ABB has won orders from National Petroleum Construction Company (NPCC) for the delivery of electrical and telecommunication systems to the Al Nasr Full field Development Project in Abu Dhabi, the United Arab Emirates. The orders are worth around $18 million and they were booked in the fourth quarter of 2015.The…
25 February 2016
Minor Gas Discovery Near the Oseberg Field in the North Sea
Statoil Petroleum AS, operator of production licence 104, has completed drilling of wildcat well 30/9-28 S.The well was drilled about 5.5 kilometres west of the Oseberg South field in the central part of the North Sea and 140 kilometres west of Bergen.The primary exploration target was to prove petroleum in…
25 February 2016
Total Starts up Vega Pleyade Offshore Project in Tierra del Fuego
Total has started up production at the offshore Vega Pleyade gas and condensate field in the Tierra del Fuego region of Argentina. Operated by Total, the project will have a production capacity of 10 million cubic meters of gas per day (70,000 barrels of oil equivalent per day (boe/d)). "Vega…
25 February 2016
Fugro Deploys New-Build Fugro Aquarius for Petrobras Contract
Fugro has been awarded an inspection, repair and maintenance (IRM) contract by Petrobras in Brazil.Under the contract Fugro will deploy its new 83-metre ROV support vessel, Fugro Aquarius, for the IRM activities. The contract duration is one year with an option for an additional year.Fugro Aquarius has been designed specifically…
24 February 2016
Approval of the Development Plan for Eni's Coral Discovery Offshore Mozambique
Eni announces the approval of the Plan of Development for the Coral discovery, in Area 4 offshore Mozambique. The approval relates to the first phase of development of 5 trillion cubic feet of gas in the discovery.Eni has announced the approval of the Plan of Development for the Coral discovery,…
24 February 2016
Harkand Signs Joint Venture in Angola
HARKAND has signed a new joint venture agreement with ESOPEG Lda in Angola, its first strategic partnership in the country and third in the region as the global inspection, repair and maintenance (IRM) company continues to strengthen its capabilities across West Africa. The newly formed company Harkand Angola Lda, based…
24 February 2016
Heerema Marine Contractors Completes Scope for the INPEX Ichthys LNG project
Heerema Marine Contractors’ Deepwater Construction Vessel (DCV) Aegir has laid down the last 18” production flowline on the seafloor. This important milestone marks the successful completion of the infield flowlines scope for the INPEX Ichthys LNG Project.During the installation of the extensive Ichthys infield flowlines campaign, HMC were able to…
23 February 2016
IKM Subsea Signs New Multi-year Frame Agreement with Nexans Norway AS
Nexans Norway and IKM Subsea have come to an agreement to extend the current ROV services contracts on board the C/S Nexans Skagerrak.The contract value including options is 75 million NOK and duration term is firm for 3 years + 2 yearly options.IKM Subsea’s ROV services will be integrated with…
23 February 2016
McDermott's DLV2000 To Work on Ichthys LNG Project
McDermott International, Inc. announced that its new flagship derrick lay vessel, the DLV 2000, has secured scope as part of the current McDermott work schedule for the INPEX Ichthys LNG Project offshore Western Australia.The DLV 2000 is a class 3 dynamically positioned vessel combining a 2,200-ton revolving crane with a…
23 February 2016
McDermott Awarded Woodside Greater Western Flank Phase 2 Subsea Pipeline and Installation Contract
McDermott International, Inc. will put its new flagship derrick lay vessel, the DLV 2000, to work offshore Western Australia, supporting a transportation and installation contract awarded by Woodside for the Greater Western Flank Phase 2 Project. The installation will occur approximately 20 miles from the Goodwyn A platform located in…
23 February 2016
McDermott and Larsen & Toubro Enter Exclusivity Agreement for India Deepwater Market
McDermott International, Inc. announced today that the company has signed a long-term exclusive agreement with L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, focused on subsea projects offshore the east coast of India.“This exclusive agreement further strengthens the relationship between McDermott and LTHE, both companies that…
23 February 2016
Fugro Provides Offshore Survey and Positioning Services at Flagship Angolan Project
Fugro is to provide offshore survey and positioning services at the Kaombo oil development offshore Angola.Under a contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to a total of seven installation vessels and construction support vessels. The number of vessels as well as the stringent…
22 February 2016
EnQuest and Cairn Take on Additional Interests in Kraken Development
EnQuest PLC have announced the acquisition of an additional 10.5% interest in the Kraken development for nominal consideration. The acquisition from First Oil PLC brings EnQuest’s total interest to 70.5%. EnQuest and Cairn Energy PLC, the other current participant in the Kraken development, are both taking up First Oil’s interests…
22 February 2016
Wood Group Wins Further Design Contract for GWF - 2
Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system. The GWF-2 Project is located on the North West Shelf, offshore Western Australia.Under the contract, Wood Group Kenny (WGK) will perform the flowline system detailed design and…
22 February 2016
JDR Awarded Two Umbilical Contracts
JDR, the leading UK based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded two umbilical contracts by McDermott Middle East Inc., for undisclosed operators. The umbilicals will be delivered to two projects in the United Arab Emirates and Qatar.The first project includes three…
22 February 2016
Eni Completes the Authorization Process for the Development of Zohr Gas Field
The Egyptian Ministry of Petroleum has approved that EGAS grants Eni the Zohr Development Lease, which allows for the development of the gas field located offshore Egypt.The Egyptian Ministry of Petroleum and Mineral Resources has approved that the Egyptian Natural Gas Holding Company (EGAS) grants Eni the Zohr Development Lease,…
19 February 2016
GE Oil & Gas Signs Agreement with Statoil for Future Subsea Projects
GE Oil & Gas has signed a Master Service Agreement with Statoil for new subsea projects that will enable GE to continue to support the international energy company’s value creation in a low oil price environment.The global agreement forms the basis for potential new contracts for subsea equipment and services…
19 February 2016
Sapura Jade Pipelay Vessel Begins Work in Brazil
SapuraKencana presence in Brazil continues to grow after entering the market with its first pipelaying support vessel (“PLSV”), Sapura Diamante, on June 28, 2014. On 14 February 2016, its latest PLSV, Sapura Jade commenced work with Petrobras on schedule in Brazil.SapuraKencana’s offshore operations are being executed in Brazil for Petrobras…