Latest News

Seawater Pumps to Golar’s Gimi FLNG unit

Keppel Shipyard in Singapore has awarded Norwegian liquid handling and pump specialist PG Flow Solutions a contract to supply high flow seawater pumps to the Gimi FLNG that is being converted at the yard.PG Flow Solutions will deliver four large seawater pumps, each with a capacity of 5,500 cubic metres…


Sparrows Group Selects Deladi Petroleum Services as Sole Agent in Brunei

Sparrows Group has appointed Deladi Petroleum Services Sdn Bhd as their sole representative in Brunei.The new agreement creates a partnership to deliver a broad range of equipment and services supporting reliability and operational safety in the oil and gas industry.As part of the collaboration Deladi will have exclusive rights to…


Repsol has Received Consent for Work at Yme

Repsol Norge AS has received consent from Petroleum Safety Authority Norway for work on the Yme field.The consent applies to work to secure bolts on two belly belts on the caisson and will be performed using access techniques. Personnel enter the facility from a helicopter.The activity is planned to be…


SOCO International plc: AGM Trading and Operations Update

SOCO International plc, an international oil and gas exploration and production company, issues the following Trading and Operations update. Ed Story, President and Chief Executive Officer, gave a presentation which is available on the Company website www.socointernational.com.Ed Story, President and Chief Executive Officer of SOCO, commented,“SOCO has had a positive…


Dry Well Near the Trym Field in the Southern part of the North Sea - 3/7-11 S

MOL Norge AS, operator of production licence 539, is in the process of completing the drilling of wildcat well 3/7-11 S.The well was drilled about seven kilometres southwest of the Trym field on the eastern side of the Mandal High, about two kilometres north of the border with Denmark.The primary…


Drilling Permit for Well 16/5-7 in Production Licence 502

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 16/5-7, cf. Section 15 of the Resource Management Regulations.Well 16/5-7 will be drilled from the Transocean Spitsbergen drilling facility in position 58°42'12.13"N and 02°31'08.81"E.The drilling programme for 16/5-7 relates to the drilling of a wildcat well…


Aquaterra Energy Marks Global Growth with Australia Office Launch

Aquaterra Energy, a leader in global offshore engineering solutions, has opened its first engineering office and warehouse facility in Perth, Australia following recent regional contract wins.Aquaterra Energy’s new office in Australia’s oil and gas hub comes as the company continues to expand its presence in the Australasia region. The office…


Subsea 7 and Royal IHC Launch Reel-lay Vessel Seven Vega

On Saturday 25 May 2019, Subsea 7 and Royal IHC successfully launched the fully integrated reel-lay vessel SEVEN VEGA. The ceremony took place at IHC’s shipyard in Krimpen aan den IJssel, The Netherlands, and was performed by Monica Th. Bjørkmann, Vice President for Subsea 7 in Norway. Stuart Fitzgerald, Executive…


Shearwater and Equinor to Develop Next-Generation Marine Seismic Source Technology

Shearwater GeoServices Holding AS announced a collaboration agreement with Equinor to develop next-generation marine seismic source technology for more efficient and environmentally friendly data collection. The development is supported by the Research Council of Norway.“This collaboration targets an untapped potential of seismic sources with the goal of delivering better quality…


EnQuest: Operations Update

Strong production growth, up c.25% year on year; 2019 guidance reaffirmed; hedges underpinning cash flow.Full update here.


iSURVEY Announces Lundin Norway Contract Win

iSURVEY, a leading provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, has signed one of its most significant contracts to date.The work scope will see the Norwegian-headquartered surveying company undertake a campaign of drilling hazard surveys in the North Sea and…


New 2D Contract for SeaBird Exploration

SeaBird Exploration announced a contract award by Wintershall Dea for 2D acquisition in the Norwegian Sea. The survey has an expected duration of one month and start in the third quarter this year.


Blue Water Energy Acquires Welding Specialist Pipeline Technique Limited

London-based private equity firm Blue Water Energy announced the acquisition of Pipeline Technique Limited (“PTL”), a leading provider of high-end pipeline welding, field joint coating and spoolbase services to the energy industry, from Heerema Marine Contractors (“HMC”) for an undisclosed consideration. PTL is headquartered in Huntly, UK with additional worksites…


OMV Petrom Signed the Contract for the Decommissioning of the Gloria Marine Drilling Platform

OMV Petrom started the demolition of the Marine Drilling Glider's self-propelled Gloria drilling platform after 40 years of use.It is a complex process, which will take place for the first time in Romania. GSP Offshore, a Romanian company, has won the tender for decommissioning the platform, with an estimated value…


Teekay Corporation Announces Banff FPSO Contract Extension

Teekay Corporation has entered into an agreement with a subsidiary of Canadian Natural Resources Ltd. (CNR) to extend the employment of the Petrojarl Banff FPSO unit on the Banff field in the North Sea for a period of one year to the end of August 2020 at substantially similar terms…


Shell Starts Production at Appomattox in the Gulf of Mexico

Royal Dutch Shell plc, through its subsidiary Shell Offshore Inc announced that production has started at the Shell-operated Appomattox floating production system months ahead of schedule, opening a new frontier in the deep-water US Gulf of Mexico.Appomattox, which currently has an expected production of 175,000 barrels of oil equivalent per…


EIOF - New Contract Extension for Eidesvik Offshore ASA

Siemens Gamesa Renewable Energy has extended the charter of Acergy Viking by one additional year. The new firm period will end January 2022, with options thereafter."We are very pleased with the good cooperation established with Siemens Gamesa, and we look forward to continuing our service deliveries to them", says CEO…


Sale of Vessel

Farstad Shipping Pte. Ltd., a wholly owned subsidiary of Solstad Offshore ASA, has sold the PSV Lady Melinda (built 2003, 5.454 BHP). Delivery of the vessel to the new owner took place today Thursday May 23rd, 2019.The sale of the vessels will result in an immaterial accounting effect for 2Q…


Oceanteam: CSV Southern Ocean Reaches Agreement on Charter Extension with McDermott

As a result of the cyclone hitting the Indian coast early May, expected scope of work undertaken by the CSV Southern Ocean (“Vessel”) could not be finalized during the charter period. Both charterer (McDermott) and the Vessel owner, in concertation with next Charterer (Fugro), have agreed on an extension of…


Cue Exploration Pty Ltd: Ironbark Title Transfers Approved

Approval has been received for the title transfers of exploration permit WA-359-P, which contains the giant Ironbark gas prospect, to new joint venture partners BP Developments Australia Pty Ltd, Beach Energy Limited and New Zealand Oil & Gas.The National Offshore Petroleum Titles Administrator (NOPTA) has notified Cue Exploration Pty Ltd…