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A.P. Moller - Maersk Initiates Demerger and Separate Listing of Maersk Drilling

In continuation of the announcement on 17 August 2018, the A.P. Møller - Mærsk A/S (A.P. Moller - Maersk) Board of Directors has decided to initiate the separation of A.P. Moller - Maersk’s drilling activities through a demerger of A.P. Moller - Maersk. The shares in Maersk Drilling Holding A/S…


United Oil & Gas PLC: CPR Upgrades Offshore Jamaica Prospect to 229million barrels on Tullow Oil-operated Licence

United Oil & Gas Plc, the oil and gas exploration and development company, announced the results of an independent Competent Person's Report ('CPR') prepared by ERC Equipoise Ltd ('ERCE') covering the Walton-Morant licence, offshore Jamaica. This includes an increase in Gross Unrisked Mean Oil Prospective Resources for the high grade…


Rowan Companies plc and Ensco plc Shareholders Approve Pending Combination

Rowan Companies plc and Ensco plc jointly announced that both companies' shareholders voted to approve the pending all-stock transaction under which Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.The final results of the Rowan Court and General Meetings held on 21 February reflect that approximately…


DOF Awarded Three Long-term Contracts in Brazil

DOF announced that it has been awarded contracts for three ROV Support Vessels (RSV) with Petroleo Brasileiro S.A.(Petrobras). All contracts have a firm duration of three years and can be extended for another two years. The vessels allocated for the contracts are Skandi Commander, Skandi Olympia and Skandi Chieftain, all…


Aker Solutions to Develop Digital Twin for Wintershall’s Nova Field

Aker Solutions has been appointed by Wintershall AS to build a complete digital replica of the Nova production system to enable data driven engineering, production and maintenance decisions.Through two separate agreements, Aker Solutions will provide both a fully interactive digital replica of the integrated production system as well as undertake…


Neptune Energy Submits Development Plans for Duva and Gjøa P1

Neptune Energy has submitted development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020/early 2021. Total recoverable resources are estimated to be 120 million barrels of oil equivalent (Total of 54,000…


TGS Announces a New Multi-client 3D Seismic Survey in the Campos Basin in Brasil

TGS announced a new multi-client 3D seismic survey in the Campos Basin in Brazil. The survey will cover approximately 11,200 km2 within the granted permit area and will be acquired by Shearwater with the Amazon Warrior.The survey will provide contiguous 3D coverage over the highly prospective Brazil Round 16 blocks…


Natural Gas Contributes to the Low Carbon Future

Equinor sold natural gas for around USD 26 billion in total in 2018, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around 10% towards 2030.Equinor is the largest producer…


GC Rieber Shipping: Shearwater GeoServices and TGS Partner for Major Brazil Survey

GC Rieber Shipping ASA's 20% owned geoservices company Shearwater GeoServices announced the award of a major exploration survey in Brazil by TGS. The project will be executed by the Amazon Warrior using proprietary Q technology starting in Q1 2019."Shearwater and TGS have a long-established relationship and we are very pleased…


Disused Gas Platforms to be Decommissioned

Two normally unmanned installations which used to produce gas in Morecambe Bay will be decommissioned under plans to be submitted by Spirit Energy.Alongside the removal and recycling of a combined 22,000 tons of platform infrastructure, Spirit Energy’s proposals for the multimillion-pound project also include the plug and abandonment of 12…


EMGS Awarded Proprietary Data Acquisition Survey in South-east Asia

Electromagnetic Geoservices ASA (EMGS) announced that the Company has received a letter of award from an undisclosed customer for a proprietary data acquisition survey in south-east Asia. The total contract value of the survey is estimated to be in excess of USD 20 million.Based on the letter of award, the…


Oceaneering Awarded Integrity Management Program for Total’s Tyra Redevelopment Project

Oceaneering International, Inc. has been awarded a two-year Integrity Management contract with Total E&P Danmark to support its significant Tyra Redevelopment project in the Danish North sea.Oceaneering’s scope includes the full development of Tyra’s integrity management program, developing risk-based assessments (RBAs) that will enable effective and optimized inspection and monitoring…


Petrobras Starts Production of P-76, the Third Platform in the Búzios Field

Petrobras announced that it has started the production of oil and natural gas of P-76, the third platform to enter production in the Búzios field.With a daily capacity to process up to 150,000 barrels of oil and compress up to 6 million cubic meters of natural gas, P-76 will contribute…


Drilling Permit for Well 25/6-6 S in Production Licence 870

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 25/6-6 S, cf. Section 15 of the Resource Management Regulations.The well will be drilled from the Transocean Spitsbergen drilling facility in position 59°30'35.21"N and 02°54'50.74"E after completing the drilling of wildcat well 36/1-3 in the northern…


Rystad Energy: 30 Most Exciting Wildcats of 2019

After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be “elephant” finds, according to Rystad Energy.Improved market conditions and lower well costs have led E&P players to ramp up their 2019 exploration activities…


South Morecambe: DP3-DP4 Decommissioning Programmes

This document contains two Decommissioning Programmes, one for each set of notices under Section 29 of the Petroleum Act 1998. The Decommissioning Programmes cover:- The DP3 and DP4 installations; and,- The pipelines associated with DP3 (PL195, PL205) and DP4 (PL194, PL204);- The power cables associated with DP3 (IF-07E13 and IF-07E31)…


Major Milestone Passed for Nexans C/S Aurora

The first major milestone in the construction of Nexans’ new DP3 cable laying vessel, the C/S Aurora, was passed Monday with the cutting of the first steel.“This is a proud moment for Nexans and an important milestone for the organization. With this modernization we will further strengthen our ability to…


Spectrum Announces Argentine Colorado Basin Multi-Client 2D Seismic Survey

Spectrum is commencing a new 20,000 km 2D survey in Colorado and Salado basin offshore Argentina. This new program ties with Spectrum’s existing 35,000 km survey that was acquired in 2017 for the ongoing first offshore licensing round.The survey is done in cooperation with BGP utilizing the vessel BGP Pioneer.Data…


James Fisher Continues Middle East Expansion with the Acquisition of Murjan

James Fisher and Sons plc (JFS) has further expanded its capabilities in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting LLC (MSMC).MSMC is an established service provider based in Saudi Arabia, with a 10-year track record of successful projects with Saudi Aramco. The acquisition brings a wealth…


Repsol has made the Largest Gas Discovery in Indonesia in the past 18 years

Repsol and partners PETRONAS and MOECO have made the largest gas find in Indonesia in 18 years. The discovery is also among the ten largest finds worldwide in the last 12 months. The KBD-2X well in South Sumatra provides preliminary estimation of at least 2 TCF of recoverable resources.The discovery…