Latest News

Sparrows Group Provides Cable Handling Solutions for World’s Largest Offshore Wind Farm

Sparrows Group Cable and Pipe Lay Solutions (CPLS) division more than doubled its business during 2018 thanks to an upsurge in activity in the renewables market.This included the successful delivery of its largest renewables project to date as part of three contracts awarded through VBMS; DEME Offshore, formerly known as…


Gullfaks C can be used until 2036

The Norwegian Petroleum Directorate has given a green light to using the C platform on the Gullfaks field in the North Sea until 30 June 2036. This corresponds to the entire period of the production licence.In its application, Equinor notes that the facility can be operated at a profit up…


Aker Energy Ghana Drilling Success

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announced that it encountered oil in the Pecan South-1A well offshore Ghana. A sidetrack will now be drilled to further appraise the volume potential.The Pecan South-1A well was drilled south of the main Pecan field in…


BW Offshore Contemplating Moromba Field Stake

BW Offshore is contemplating to enter into agreements to acquire 100% of the Maromba field offshore Brazil from the present owners Petrobras (70%) and Chevron (30%).Closing of the acquisition is subject to board approvals and fulfilment or waiver of conditions precedents, including approval by The Brazilian National Agency of Petroleum,…


Searcher Announces Acquisition of Triok 2D Seismic Survey in Papua New Guinea

Searcher Seismic, in cooperation with BGP, announced the expansion of its modern offshore data library with the completion in acquisition of the Triok Broadband Non-Exclusive 2D Seismic Survey in the Northern Basins of Papua New Guinea.Following the successful acquisition of the Solomon Sea Non-Exclusive 2D in the Northern Basins of…


Energean Commences its Drilling Campaign in Israel

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, announced that it has commenced its 2019 drilling programme in Israel, which will consist of three development wells and Karish North. Following this four well campaign, Energean has a further six drilling options available in its…


Hibiscus Petroleum On Track to Drill its Second Side‐Track Well in the Anasuria Cluster

Hibiscus Petroleum Berhad announced that its jointly‐controlled operating company, Anasuria Operating Company Limited (AOC) is on track to execute the Guillemot A GUA‐P1 side‐track well, a planned production enhancement project at the Anasuria Cluster concession offshore in the U.K. North Sea, which is targeted to unlock approximately 1.7 million barrels…


Oil Discovery from Visund in the North Sea

Equinor has, together with partners Petoro, ConocoPhillips and Repsol, made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea. The resources are estimated at 12-28 million barrels of recoverable oil.“We are pleased to have made a new discovery on Equinor-operated acreage on…


Aker BP ASA has Awarded Frame Agreements with Three Suppliers for the Provision of Platform Supply Vessels

The following suppliers signed the agreements in Stavanger on Thursday 28 February. - Simon Møkster Shipping AS - Eidesvik Offshore ASA - Solstad Offshore ASAThe duration of the frame agreements is initially for three years, with the option of two additional periods of two years each.“We will together with the…


TechnipFMC Awarded a Large EPCIC Contract for BP Greater Tortue Ahmeyim Development FPSO

TechnipFMC has been awarded by BP a large(1) contract for the engineering, procurement, construction, installation and commissioning (EPCIC) of the floating production storage and offloading (FPSO) unit to be deployed offshore on the maritime border of Mauritania and Senegal. This award is a continuation to the FEED (front end engineering…


The Eiffage Génie Civil Marine and Saipem SA consortium selected for the Hub/Terminal of theTortue/Ahmeyim Field Development with an initial contract placed for front-end engineering and execution readiness

Eiffage Génie Civil Marine today announced that a consortium formed with Saipem SAhas been selected to perform front-end engineering design (FEED) studies andexecution preparation for the Hub/Terminal for BP’s Tortue/Ahmeyim FieldDevelopment, a major LNG project located on the maritime border of Mauritania andSenegal. The Hub/Terminal is located 10 km from…


DNV GL extends the capability of failure investigations with a new facility in Houston, TX

DNV GL has opened a failure analysis facility in Houston, Texas which will provide failure analyses that support the industry in conducting effective and efficient root cause analyses. The aim is to prevent and learn from failures and continue to improve safety, reliability and up-time.The facility will carry out the…


Equinor bought more from Norwegian suppliers in 2018

In 2018 Equinor purchased goods and services worth NOK 141,7 billion from more than 9000 suppliers globally. NOK 95,2 billion of this went to suppliers with a Norwegian billing address, i.e. 67% of total purchases.“A competitive supply industry is highly important for the Norwegian continental shelf (NCS) and Equinor. Over…


Eni, HitecVision team up to bid fo Conoco's North Sea assets: sources

Italy’s Eni has teamed up with private equity firm HitecVision to bid against Chrysaor for ConocoPhillip’s North Sea oil and gas assets, sources close to the process said.Conoco relaunched the sale process in recent weeks after energy and chemicals firm Ineos, privately owned by British billionaire Jim Ratcliffe, abandoned exclusive…


Letter of Award for a North Sea Project

Magseis Fairfield ASA (the “Company”) is pleased to announce that it has signed a Letter Of Award (LOA) for a three months data acquisition program in the North Sea. The survey will commence in Q319 and will be acquired by Artemis Athene.This information is subject of the disclosure requirements pursuant…


ExxonMobil Makes Natural Gas Discovery Offshore Cyprus

ExxonMobil today said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well.The well, located in Block 10, encountered a gas-bearing reservoir of approximately 436 feet (133 meters). The well was safely drilled to 13,780 feet (4,200 meters) depth in 6,769 feet (2,063…


Osbit to deliver next generation Subsea Plough to Global Marine Group

Osbit Limited, the offshore technology and engineering company, has secured a contract with Global Marine Group to supply an advanced multi-function pre-lay and backfill subsea plough. The plough, named Scion 240, represents the fourth major trenching system contract Osbit has secured in two years and will deliver a step-change in…


NODL: West Bollsta Awarded Drilling Contract by Lundin Norway

Northern Drilling Ltd is pleased to announce its harsh environment rig West Bollsta has secured a contract for a ten-well program with Lundin Norway AS. The drilling program includes the development of the Luno II field and the Rolvsnes discovery in the Norwegian North Sea with contract commencement expected in…


Fugro to Apply Specialist Geodata in a Return to Hollandse Kust (West) Wind Farm Development

This is the largest geotechnical site characterisation programme tendered by the Netherlands Enterprise Agency (RVO.nl, part of the Ministry of Economic Affairs and Climate Policy) and will be performed in the Hollandse Kust (west) Wind Farm Zone. Other contracts executed by Geo-data specialist Fugro in the various zones of Hollandse…


Subsea 7 awarded contract offshore UK

Subsea 7 today announced the award of a substantial contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets West of Shetland and Northern North Sea.Under the terms of the five year agreement, i-Tech Services will provide…