OE Daily: 2019 / March

 

Solstad PSV Wins Shell Contract

Mar 31, 2019

Norwegian offshore service and supply ship Shipping company Solstad Offshore has signed a contract with Brasil Petroleo Ltda (Shell)  for the platform supply vessel (PSV) Normand Starling. Pic: Solstad…

Oregon Gov. Signs Offshore Drilling Ban Into Law

Mar 29, 2019

Oregon Governor Kate Brown on Wednesday signed a bill indefinitely blocking offshore drilling in the U.S. west coast state's territorial waters as lawmakers from several coastal states move to close their shorelines to oil and gas exploration…

Subsea Tiebacks Go the Distance

Mar 29, 2019

While the blue economy and renewables loomed large on today’s agenda at the Offshore Mediterranean Conference (OMC) in Ravenna, Italy, moves toward extending exploration into underexplored Greece, as well as technologies to enable more fields to be produced as subsea tiebacks…

Shell Dishes EPCI Contract to Subsea 7

Mar 29, 2019

Engineering, construction and services company Subsea 7 announced on Friday it has been awarded a contract by Shell for the Arran gas field development, located approximately 240 kilometers east of Aberdeen in the UK North Sea. The…

SBM Offshore to Challenge $2.2 Mln Fine

Mar 29, 2019

SBM Offshore, a Dutch provider of floating production, storage and offloading units (FPSO), said on Friday it opposes financial regulators's claims that it withheld certain price-sensitive information between 2012 and 2014 related to an internal…

Award Against Eni Voided in Transocean Suit

Mar 29, 2019

A U.S. appeals court on Thursday supported a lower court's finding that Italian oil producer Eni SpA breached a contract with offshore drilling contractor Transocean Ltd, but voided a $160 million damages award. Deepwater…

Bibby WaveMaster Horizon Launched

Mar 29, 2019

A second service operations vessel for Bibby Marine Services has been launched and christened during a ceremony at Damen Shipyards Galati in Romania, the shipbuilder announced Friday. Bibby WaveMaster…

Orinduik Partners to Drill 2nd Well Off Guyana

Mar 29, 2019

Partners Tullow Oil, Total and Eco Atlantic have chosen the Joe prospect for a second well in their much-watched Orinduik oil and gas field off Guyana's coast, Eco said on Friday. Stena Forth (Photo…

Maersk Ditches Offshore Services Sale

Mar 29, 2019

A.P. Moller-Maersk said on Friday it had abandoned plans to sell its offshore services business, blaming tough market conditions for the blow to the Danish conglomerate's attempts to focus entirely on its transport and logistics business. (Photo…

Green Award Certification for OSVs

Mar 29, 2019

Green Award certification program has been extended with a new ship type – Offshore Supply vessels (OSVs). The first ship of this type the ‘’Lingestroom’’ has been successfully certified. Photo by Green Award The Lingestroom…

Total E&P Nederland Hires Vroon Vessel

Mar 29, 2019

The Dutch provider oil and gas exploration and production services Total E&P Nederland BV has chosen one of Vroon’s walk-to-work vessels to provide logistics support to offshore assets in the Southern North Sea (SNS). Pic: Vroon Vroon…

JDC Secures Drilling Contract in Vietnam

Mar 29, 2019

Japan Drilling Co Ltd (JDC), the provider of offshore drilling contract services to oil and gas companies worldwide, has signed a drilling contract for its Hakuryu-11 jack-up rig with an unnamed client in Vietnam. Hakuryu-11 Jack-Up Rig…

Shelf Drilling Wins 3-Year Extension for Rig

Mar 29, 2019

Cayman Islands-headquartered Shelf Drilling,  the leading contractor of jack-up rigs, has won a three-year contract for one of its jack-up drilling rigs. Image: Shelf Drilling The provider…

Prosafe Bags Mediterranean Sea Job

Mar 29, 2019

European owner and operator of semi-submersible accommodation vessels Prosafe has won a contract to provide a ship to support offshore activities in the Central Mediterranean Sea. Image: Prosafe Prosafe…

Equinor Gets Nod to Drill Korpfjell Deep

Mar 28, 2019

Norwegian oil company Equinor has received consent to drill exploration well 7335/3-1 in production licence 859 in the Barents Sea, Norway's offshore safety watchdog, the Petroleum Safety Authority, said on Thursday. West…

Neptune, BP, Japex Reach FID for Seagull

Mar 28, 2019

Neptune Energy said on Thursday it has agreed with partners BP and Japex on a final investment decision (FID) for the Seagull oil and gas field in the UK North Sea. (Image: Neptune Energy) Neptune…

Aker Energy Submits $4.4 Bln Ghana Plan

Mar 28, 2019

Norwegian oil company Aker Energy said on Thursday it has submitted to Ghana a $4.4 billion plan for developing the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana. (Image: Aker Energy) The block's Pecan field…

Bourbon Wins Shell Contract in Bulgaria

Mar 28, 2019

Bourbon Marine & Logistics said on Thursday it has been awarded a contract from Shell to support the oil major's exploration drilling in the Black Sea offshore Bulgaria. Photo courtesy of Bourbon The…

Decarbonization on the Agenda

Mar 28, 2019

Offshore oil and gas operators are grappling with how to make their operations and even companies greener, Offshore Mediterranean Conference (OMC) in Ravenna, Italy, has been hearing. (Photo: Elaine…

Trump Calls for OPEC to Boost Production

Mar 28, 2019

U.S. President Donald Trump on Thursday called for the Organization of the Petroleum Exporting Countries (OPEC) to boost oil production to lower the price of the commodity. File photo: The floating, production…

US Offshore Drilling Takes Center Stage

Mar 28, 2019

U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans to expand fossil fuels production from the United States' public lands and waters…

Sonangol Gets Ready to Compete

Mar 28, 2019

Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…

BOEM Forges Offshore Wind Alliance

Mar 28, 2019

NOAA Fisheries, the Bureau of Ocean Energy Management (BOEM), and the Responsible Offshore Development Alliance (RODA) signed a 10-year Memorandum of Understanding (MoU). Image: NOAA According to an official release…

Eni Pilots Wave Energy Converter

Mar 28, 2019

Italian multinational oil and gas company Eni has activated the Inertial Sea Wave Energy Converter (ISWEC), offshore Ravenna, capable of converting energy generated by waves into electricity, which will in the future enable Eni to convert mature…

Fred. Olsen Ocean Buys Stake in UWL

Mar 28, 2019

Fred. Olsen Ocean (FOO) has entered into an agreement to acquire a 50% ownership in United Wind Logistics GmbH (UWL) through the contribution of new equity in the amount of EUR 12 million. Image: United…

EnBW Albatros Installs Offshore Platform

Mar 28, 2019

German utility EnBW Energie Baden-Württemberg AG said that the Topside of the Offshore substation of the wind farm EnBW Albatros has been installed. Image: EnBW The Heavy Lift Jack-Up…

Sonangol Drillship Delivered

Mar 27, 2019

Angola state oil company Sonangol has taken delivery of Libongos, the first of two new drillships built by Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME). (Photo: Sonangol) The new seventh-generation drillship…

Seacrest in Talks to Sell Azinor

Mar 27, 2019

Private equity fund Seacrest Capital is in talks to sell part or all of its British North Sea-focused oil exploration firm Azinor Catalyst, which could fetch between $60-$100 million, having received unsolicited offers for it, banking and industry sources said…

Odfjell is Hiring

Mar 27, 2019

Offshore driller Odfjell Drilling plans to recruit more than 200 personnel as it adds two new semisubmersible drilling rigs to its fleet. Beacon Atlantic (Photo: North Sea Rigs) The Norwegian-headquartered company…

Albatros Topside Installed

Mar 27, 2019

The topside of the offshore substation at the Albatros wind farm offshore Germany was installed Tuesday evening, developer EnBW said. The topside for the Albatros substation has been installed in the German North Sea…

Aleron Acquires IMPAQ

Mar 27, 2019

Aberdeenshire-based subsea firm Aleron Group said it has acquired electrical drive engineering specialist IMPAQ as part of a plan to expand beyond offshore oil and gas into new markets including military, defense and nuclear industries. (Photo…

Seabed Geosolutions Wins GoM Survey

Mar 27, 2019

Marine seismic surveyor Seabed Geosolutions announced Wednesday it has been awarded a 3D ocean bottom node (OBN) survey in an ultra-deepwater area of the Gulf of Mexico by an unnamed major energy company. ©…

Petrobras Sues Samsung Heavy Industries

Mar 27, 2019

Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages. © Lichtwolke…

Lundin Announces Solveig Development Plan

Mar 27, 2019

Lundin Petroleum on Wednesday announced its plans to develop the Solveig oilfield, formerly known as Luno II, offshore Norway, with startup planned in 2021. The Solveig oilfield will be linked to the…

Mediterranean Gas Galore, Challenges Aplenty

Mar 27, 2019

Gas resources abound in the Mediterranean but the challenges facing their monetization were highlighted at the opening plenary session of Offshore Mediterranean Conference (OMC) in Ravenna, Italy, this morning. (Photo…

EDF Enters Chinese Offshore Wind Market

Mar 27, 2019

French energy company EDF has signed an agreement with the Chinese utility China Energy Investment Corporation (CEI) to jointly deliver two offshore wind power projects in China. Image: EDF The…

Telford Wins Protexa EPCI Contracts

Mar 27, 2019

International offshore services provider Telford Offshore has been awarded multiple pipelaying and construction services contracts by Mexican company Protexa, which is chartering three of its DP3 multi-purpose vessels for a combined period of approximately 400 days…

Solstad Offshore Wins Ophir Contract

Mar 27, 2019

Norwegian offshore service and supply ship shipping company Solstad Offshore ASA has been awarded a contract by Ophir Thailand (Bualuang) Limited. Image: Solstad Offshore ASA The contract…

EMGS Bags Norwegian Barents Sea Survey

Mar 27, 2019

Norway’s Electromagnetic Geoservices (EMGS) has received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea. Image: EMGS According to a press release…

Equinor Awards 4D Seismic Gig to Shearwater

Mar 27, 2019

Shearwater GeoServices announced the award of a 4D seismic survey at the Troll Unit by Equinor AS to be conducted this summer. Image: Shearwater GeoServices The company 20% owned by…

MOL Norge Gets Drilling Permit

Mar 27, 2019

The Norwegian Petroleum Directorate (NPD) has granted MOL Norge, a Norwegian unit of the Hungarian oil company MOL, a drilling permit for a wildcat well in the North Sea. Rowan Viking rig. Image: Damen…

C-Automation Buys Proserv Drilling Services

Mar 27, 2019

Aberdeen-headquartered controls technology company Proserv has agreed to sell its drilling services business (TIC) to pressure control systems specialist C-Automation. Image: Proserv The…

Oil Rises 2 Percent

Mar 26, 2019

Oil rose nearly 2 percent on Tuesday as attention centered on geopolitical factors tightening supplies that are leading to falling exports from Venezuela and declining U.S. inventories. © weerasak /…

Ecosse IP Trials Subsea Lifting Tech

Mar 26, 2019

Subsea technology developer Ecosse IP (EIP) demonstrated the capabilities of its Ambient Lifter subsea and decommissioning solution during a two-day industry showcase event held in Fraserburgh, Scotland this week. (Photo…

Bergink Takes the Helm at Framo

Mar 26, 2019

Martijn Bergink has taken over as CEO of pumping systems manufacturer Framo. Martijn Bergink (Photo: Framo) Former Framo CEO Sameer Kalra has officially handed Bergink responsibility…

Saudi Aramco, McDermott Plan New Facility

Mar 26, 2019

Saudi Aramco on Tuesday signed a land lease agreement with McDermott Arabia Company to establish a facility for large scale fabrication of offshore platforms and onshore/offshore modules located within the King Salman International Complex for Maritime Industries in Ras Al-Khair…

Noble Buys Shell Blocks Offshore Colombia

Mar 26, 2019

Shell has sold 40 percent of its participation in two offshore oil exploration contracts in Colombia to Noble Energy, which will also operate the blocks, the government said on Tuesday. © Zerophoto /…

Woodside to Bring Space Tech to Oil & Gas

Mar 26, 2019

A new cooperation agreement between Australia's space agency and the country's largest natural gas producer aims to promote technology transfer between the space sector and the oil and gas industry. ©…

Researchers to Monitor Disruptive US Gulf Current

Mar 26, 2019

A major $2 million scientific study led by the University of Rhode Island (URI)’s Graduate School of Oceanography will monitor disruptive ocean currents in the US Gulf of Mexico, with a long term goal to improve forecasts for safer offshore operations in the region…

EOM Offshore Acquires Ocean Tech Services

Mar 26, 2019

Oceanographic technology and marine services provider EOM Offshore announced Tuesday it has acquired the assets and operations of the New Jersey-based marine services provider Ocean Tech Services. (Photo…

Stena Don Refit Completed

Mar 26, 2019

The Stena Drilling-owned 5th generation, semi-submersible drilling rig Stena Don has undergone a major refit in the Netherlands. The vessel arrived at Damen Verolme Rotterdam (DVR) in October 2018 and departed for her new contract off the UK’s Shetland Islands in February 2019…

Brazil, Petrobras Paving Way for Giant Tender

Mar 26, 2019

Brazil's government will announce 'within days' a deal with state-run oil company Petrobras to settle a multi-billion-dollar contract dispute and clear the way to auction billions of barrels of oil off of the Brazilian coast, a minister said on Monday…

MacGregor Bags Order from CNOOC

Mar 26, 2019

MacGregor announced Tuesday it has received an order from China National Offshore Oil Corporation (CNOOC) to supply the on-vessel mooring system for a semi-submersible floating production unit (FPU) being built for a deepwater natural gas field in the western part of the South China Sea…

Shell Starts Exploratory Drilling off Bulgaria

Mar 26, 2019

Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas. © Emil Ivanov / Adobe Stock Shell has…

ROVCO Partners with Drexel

Mar 26, 2019

Remotely operated vehicle (ROV) survey and inspection company Rovco said it has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt. Drexel Crewing Manager Ahmed Abelnasser…

UK Industry Floats Offshore Wind Group

Mar 26, 2019

An advocacy group, led by RenewableUK and Scottish Renewables, has been launched by industry body RenewableUK to make the case for large-scale deployment of floating wind power off Britain. Image:The…

Cortland Rope Slings for Norther Offshore

Mar 26, 2019

Cortland has provided synthetic rope slings for the Norther offshore wind project in Belgium to support the lifting of monopiles, transition pieces and turbines. (Photo: Cortland) According…

ION Bags Multi-Client Job in C. America

Mar 26, 2019

ION Geophysical Corporation has announced a new 2D multi-client reimaging program off the Pacific coast of Central America. Image: ION Geophysical According to the provider of acquisition equipment…

Jadestone to Restart Ops at Stag Oilfield

Mar 26, 2019

Jadestone Energy, oil and gas production company focused on the Asia Pacific region, said it intends to resume its operations at the Stag oilfield, offshore Dampier, Australia, once it is safe for personnel to return offshore. Image…

Van Oord, SGRE Win Windpark Fryslân Job

Mar 26, 2019

The consortium of Van Oord and Siemens Gamesa Renewable Energy (SGRE) has signed a conditional contract to build the Windpark Fryslân nearshore wind farm in the Netherlands. Image: Van Oord The…

SCF Redelivers Survey Vessel to Polarcus

Mar 26, 2019

The offshore geophysical company Polarcus  is getting a seismic vessel back early after Russian shipping player Sovcomflot (SCF) exercised an early redelivery option. Vyacheslav Tikhonov. Image: Polarcus A…

Wintershall Hopes to Free Stuck Norway Reserves

Mar 25, 2019

Plan to double Norwegian fortunes held up by field fix, remedial drilling campaign Growth platform: Wintershall Norge headquarters in Stavanger (Photo: Wintershall) German offshore player…

Oil Prices Near Flat

Mar 25, 2019

Oil prices were little changed on Monday as investors shrugged off fears of a global economic slowdown and focused on the prospect of tighter supply and lower U.S. crude inventories ahead. © namning…

Jan De Nul Wins TenneT Contract

Mar 25, 2019

Jan De Nul Group said it has been awarded a framework agreement for repairs of TenneT’s offshore high-voltage cables in the German Bight. (Photo: Jan De Nul Group) The Dutch firm has…

Storm Halts Infill Drilling at Stag

Mar 25, 2019

A tropical cyclone has led Jadestone Energy to pause its infill drilling program at the Stag oilfield offshore Australia, the independent oil and gas production company in an operational update on Monday. (Photo…

InterMoor Wins Jadestone Contract

Mar 25, 2019

Mooring solutions provider InterMoor said it has been contracted by Jadestone Energy to carry out a feasibility study for a permanent spread mooring system for a floating production storage and offloading unit (FPSO) at Nam Du field located in block 46/07…

Schlumberger to Avoid New Field Management Work

Mar 25, 2019

Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments while it seeks to monetize existing deals, the company's chief executive said on Monday. ©…

Hempel Launches New Topcoat

Mar 25, 2019

Coatings manufacturer Hempel has rolled out Hempatop Repel 800, a new flexible two-coat water repellent coating for offshore assets and installations that is designed to offer enhanced corrosion protection by actively repelling water from the coated surface…

TechnipFMC Scores Merakes Contract

Mar 25, 2019

TechnipFMC announced Monday it has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by operator Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1…

Cyclone Halts Production off W. Australia

Mar 25, 2019

Australia's Woodside Petroleum said on Monday it had evacuated all personnel from offshore production platforms off Western Australia ahead of Cyclone Veronica, and was operating the North West Shelf LNG and Pluto LNG plants on skeleton staff…

First Condensate Cargo Shipped from Prelude

Mar 25, 2019

Royal Dutch Shell on Monday said it had shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia over the weekend. Prelude FLNG (Photo…

Sapura Energy Posts Quarterly Profit

Mar 25, 2019

Malaysia's largest oil and gas services company Sapura Energy on Monday reported a profit for the fourth quarter on gains from disposal of a subsidiary stake, after five consecutive quarters of losses. (Photo…

Nord Stream 2 Expecting Denmark Approval

Mar 25, 2019

The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 180-km stretch of the pipeline under the Baltic Sea in time to finish the pipeline by the end of 2019 as planned, a spokesman said on Monday…

US Buyers Turn to Offshore Crude

Mar 25, 2019

U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are scooping up oil produced in the region. Thunder…

Aker BP to Use Maersk Rig on Ivar Aasen

Mar 25, 2019

Norway’s offshore safety watchdog Petroleum Safety Authority (PSA) has given Aker BP consent to use the Maersk Interceptor mobile drilling facility for production drilling on the Ivar Aasen field offshore Norway. Maersk Interceptor to Ivar Aasen…

TÜV NORD to Certify SGRE

Mar 25, 2019

German technical service provider TÜV NORD announced  that it had won a contract from Siemens Gamesa Renewable Energy (SGRE) to certify one of the largest offshore wind turbines in the world. Image:…

GROW, Dutch Ministry to Grow Offshore Innovation

Mar 25, 2019

GROW, a consortium of Dutch offshore wind industry and research partners, and the Dutch Ministry of Economic Affairs and Climate Policy have signed a collaboration agreement to strengthen innovation in offshore wind. Photo…

Keppel Wins $425m Deal with Awilco Drilling

Mar 25, 2019

Singaporean conglomerate Keppel Corporation’s subsidiary Keppel FELS has finalised and entered into a rig construction contract with UK drilling oil and gas wells firm Awilco Drilling for the construction of a repeat drilling rig worth approximately USD425mln…

Island Drilling Gets CNOOC Rig Contract

Mar 25, 2019

CNOOC International,  China's largest producer of offshore crude oil and natural gas, has  awarded a contract to Norwegian offshore driller Island Drilling for the Island Innovator rig for operations offshore the UK. Pic…

OGA Grows Collaboration with Renewables

Mar 22, 2019

The UK Oil & Gas Authority (OGA) has made significant headway on projects aiming to support the energy transition alongside the core role of maximizing economic recovery of UK oil and gas, and it has now taken these efforts a step further. ©…

Gardline Surveying for i3

Mar 22, 2019

Independent oil and gas company i3 Energy said Boslkalis' marine survey subsidiary Gardline is performing a site survey for its 2019 and 2020 drilling program at the Liberator development and Serenity prospect, as well as the pipeline route for its Liberator Phase I development offshore the UK…

Archer CEO Lechner Resigns

Mar 22, 2019

Oil services company Archer Limited announced Friday that CEO John Lechner has resigned from his position, effective immediately. (Photo: Archer) Lechner will remain as a senior advisor…

Aker BP Restructures Safe Scandinavia Options

Mar 22, 2019

Semi-submersible accommodation vessel owner and operator Prosafe said it has reached an agreement with Norwegian focused exploration and production company Aker BP to restructure the remaining seven one-month options for the Safe Scandinavia…

Mexico Could Pay Pemex Debt from Stabilization Fund

Mar 22, 2019

Mexico's deputy finance minister said on Thursday the government was considering using part of a $15.4 billion public income stabilization fund to pay some debt obligations for heavily leveraged state oil company Pemex. ©…

Decommissioning Activity High

Mar 22, 2019

The offshore oil and gas industry has dedicated significant efforts to decommissioning platforms in the US Gulf of Mexico in the last five years. © Lukasz Z / Adobe Stock According to…

Nigeria Aims to Cut National Oil Company Shareholding

Mar 22, 2019

The planned restructuring of Nigeria National Petroleum Corporation (NNPC) joint operating agreements with multinational oil companies could help not only in raising substantial financial gains to support the country's national budget but also…

Johan Sverdrup Field Center Completed

Mar 22, 2019

The two final platform topsides have been installed at the Johan Sverdrup oil field in the North Sea, about 140 kilometers west of Stavanger, Norway, operator Equinor announced Friday, marking a key milestone toward first oil expected in late 2019…

Topaz Gets BP Extension for 12 Offshore Ships

Mar 22, 2019

The offshore energy logistics company Topaz Energy and Marine announced that it has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) in Azerbaijan. According…

ESVAGT Steps-up Offshore Presence

Mar 22, 2019

The provider of offshore safety and support at sea ESVAGT aims straight for the dynamic market for service operation vessels (SOV) with the newbuilding ‘Esvagt Dana’. Image: ESVAGT When…

McDermott Wins Middle East EPCI Contract

Mar 22, 2019

McDermott International announced Thursday it has secured a contract from an unidentified Middle East customer for engineering, procurement, construction and installation (EPCI) services for new facilities and brownfield works project in the Arabian Gulf…

Standard Drilling Bags Contracts for Three PSVs

Mar 22, 2019

Cyprus-based oil and gas company Standard Drilling (SDSD) has been awarded new contracts for the three platform supply vessels (PSV) - Standard Princess, Standard Supplier and Standard Provider - with reputable customers. Pic…

Schlumberger, Rockwell Form Automation JV

Mar 21, 2019

Industrial automation and information company Rockwell Automation and oilfield services provider Schlumberger have teamed up to create what they're calling the first fully integrated digital oilfield automation solutions provider. ©…

MacArtney Equips North Sea Cable Layer

Mar 21, 2019

A specialized winch system aboard the ASN Ile de Class cable laying vessel will facilitate the laying of seismic cables on the seabed of the Johan Castberg oilfield in the Barents Sea for Equinor’s new permanent reservoir monitoring system. MacArtney…

End or Extend: Pre-decommissioning Planning

Mar 21, 2019

With an increasing focus on more cost-effective, sustainable methods within the oil and gas industry, operators are carefully considering the choice between extending or ending offshore production asset life. Pre-decommissioning planning has been highlighted as a key issue for many companies…

Expro Promotes Two Execs

Mar 21, 2019

Oilfield services company Expro announced Thursday it has promoted two company executives. Alistair Geddes (Photo: Expro) Current Executive Vice President, Alistair Geddes, has been promoted…

Semco Wins Tyra Order

Mar 21, 2019

Danish based offshore project and engineering company Semco Maritime said on Thursday it has been awarded an engineering, procurement, construction and installation (EPCI) contract with Total as part of the Tyra Redevelopment Project in the Danish North Sea…

McDermott Awarded Offshore EPCI Contract in the Middle East

Mar 21, 2019

McDermott International announced Thursday it has secured a contract from a Middle East customer for engineering, procurement, construction and installation (EPCI) services for new facilities and brownfield works project in the Arabian Gulf…

Murphy Oil Sells Malaysian Assets

Mar 21, 2019

Murphy Oil Corp said on Thursday it is exiting Malaysia with the $2.13 billion sale of its oil and gas assets to a Thai company and will use the deal proceeds to pay down debt, buy back shares and fund potential deals in the United States. (Photo…

First Ever ‘DP Digital Survey’

Mar 21, 2019

A team of industry partners say they have successfully tested a new solution for dynamic positioning (DP) system performance and redundancy audits – an industry first. (Photo: Kongsberg Maritime) Developed…

Ophir Agrees to be Bought by Medco

Mar 21, 2019

London-listed Ophir Energy Plc said on Wednesday it agreed to be bought by Indonesian oil and gas group Medco for a sweetened cash bid of 408.4 million pounds ($539 million) after previously agreeing to a lower offer. (Photo…

MeeMaken Buys Into Blue Offshore

Mar 21, 2019

Venture capital company MeeMaken BV has acquired a majority stake in Dutch carousel and tensioner manufacturer Blue Offshore Group. Blue Offshore’s management team will maintain ownership of a minority of the company’s shares. (Photo…

Energean Facing Delays at Epsilon

Mar 21, 2019

Energean trimmed the top end of its 2019 production forecast after facing delays at its Epsilon well in Greece, the oil and gas producer said on Thursday. File photo: GSP Jupiter rig towed to Epsilon…

Wintershall Dials In On Brazil Offshore

Mar 21, 2019

BASF's oil and gas subsidiary Wintershall on Thursday said it would build up its presence in the Brazilian offshore oil sector this year where it won exploration licences in 2018. Mario Mehren (Photo…

EnQuest to Focus on Cutting Debt as Profits Jump

Mar 21, 2019

North Sea focused oil producer EnQuest on Thursday committed to continue efforts to cut its $1.77 billion debt this year after reporting a jump in full-year profits on the back of increased production. (Photo…

Brazil OSV Update

Mar 21, 2019

The offshore support vessel (OSV) fleet in Brazilian waters closed January with 367 vessels, of which 328 were Brazilian flagged and 39 were foreign flagged. The quantity remained nearly stable in relation to December 2018, when 363 vessels…

SeaRoc On Board at Formosa 1 Offshore in Taiwan

Mar 21, 2019

The marine consultancy and contracting company SeaRoc has secured a contract to supply its marine management system SeaPlanner to support the construction of the Formosa 1 Phase 2 offshore wind project in Taiwan. Image…

British Firm Bags Kriegers Flak Contract

Mar 21, 2019

UK-based JDR Cables, part of the TFKable Group, has signed a contract with Vattenfall for Denmark’s largest offshore wind farm, the 605MW Kriegers Flak. Image: JDR Cables JDR will manufacture…

GoM Lease Bids Hit $244mln

Mar 21, 2019

Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). Image: U.S. Department of the Interior  According…

Global Energy Takes Over Apollo Offshore

Mar 21, 2019

Global Energy Group, the provider of contract services to the oil and gas industry, has bought a majority stake in Aberdeen-based Apollo Offshore Engineering, forming a new contractor firm. Image: Global…

Ekofisk Shut Down: North Sea Output to Drop

Mar 20, 2019

Oil production in the North Sea will drop by 330,000 barrels per day (bpd) month-on-month in June 2019 as Ekofisk closes for planned work, according to Rystad Energy’s latest forecast. Image: Rystad…

NKT Names Kara CEO

Mar 20, 2019

Cable systems manufacturer NKT said its board of directors has appointed Alexander Kara as President and CEO. He will join NKT August 1, 2019. Alexander Kara is the new CEO at NKT (Photo: NKT) Kara…

Martin Linge Hooked Up to Shore Power

Mar 20, 2019

The Martin Linge platform in December 2018 was hooked up to receive shore power via the world’s longest high-voltage alternating-current (HVAC) sea cable measuring 162 kilometers from the onshore substation at Kollsnes north of Bergen to the platform…

4Subsea Acquires Astori

Mar 20, 2019

Engineering firm 4Subsea said it has acquired Astori, a Norwegian provider of subsea control systems for well intervention operations. (Image courtesy of Wintershall) Astori delivers…

UK Offshore Needs £200 Bln Investment -Report

Mar 20, 2019

Exploration and production companies in the UK offshore oil and gas sector will need to invest £200 billion in existing operations and new opportunities to sustain the next generation of productive life, according to a recent industry report…

Solstad Charters PSV Pair to Aker BP

Mar 20, 2019

Solstad Offshore announced Wednesday that Norwegian operator Aker BP has taken a pair of large platform supply vessels (PSV) on 12-month charter under a frame agreement announced earlier this month. Normand…

Sercel Launches DAS Seismic Solution

Mar 20, 2019

Seismic equipment and reservoir monitoring instrument manufacturer Sercel has launched its first distributed acoustic sensing (DAS) seismic solution. SigmaWave is Sercel’s first distributed acoustic…

TechnipFMC Wins Johan Sverdrup 2 Contract

Mar 20, 2019

TechnipFMC said on Wednesday it has secured a contract from Norwegian operator Equinor for the delivery and installation of the subsea production system the at Johan Sverdrup Phase 2 development offshore Norway. (Image…

US Lease Sale a Test for Drilling Demand

Mar 20, 2019

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico on Wednesday, in a fresh test of demand from drillers that have lately been shying away from the region. ©…

Maintenance Planned at Ekofisk in June

Mar 20, 2019

The Ekofisk oilfield in the North Sea will undergo planned maintenance in June, two industry sources said on Wednesday. (Photo: ConocoPhillips) The work, which will reduce supply of Ekofisk crude…

Norway Oil Exploration Refunds Are Not State Aid -ESA

Mar 20, 2019

Norway's regulations allowing oil and gas companies to claim refunds for exploration spending do not constitute state aid, the European Free Trade Association Surveillance Authority (ESA) said on Wednesday. ©…

Shearwater Bags Turkey Seismic Contract

Mar 20, 2019

The global provider of geophysical marine seismic acquisition Shearwater GeoServices has been awarded a seismic acquisition and depth processing contract by Turkish national oil and gas company Türkiye Petrolleri Anonim Ortakligi (TPAO). Image…

Granada Bags Engie Fabricom Deal

Mar 20, 2019

Belgian company Engie Fabricom has awarded davit crane contracts to Manchester-based Granada Material Handling Ltd for the offshore substations at the 950MW Moray East and 860MW Triton Knoll offshore wind farms. Image…

Oilfield Services Have to Wait till 2025 For Recovery

Mar 20, 2019

The global oil service suppliers might have to wait until 2025 before the market reaches its former glory seen before the oil price collapsed. Image: Rystad Energy For drilling companies…

Equinor Extends Island Offshore Contract

Mar 20, 2019

Norwegian offshore shipping company Island Offshore and TIOS (former Island Offshore Subsea, jointly owned by TechnipFMC and Island Offshore) will continue as suppliers of light well intervention services (LWI) for Equinor, with a new agreement signed for the use of Island Wellserver vessel…

Neptune Contracts CIMC Raffles, Odfjell Drilling

Mar 19, 2019

Neptune Energy Norge AS has hired the newly built Beacon Atlantic semi-submersible drilling rig for up to 16 wells offshore Norway. Pic: CIMC Raffles The oil and gas producer said in…

Spirit Achieves First Oil at Oda Field

Mar 19, 2019

Offshore operator Spirit Energy announced Tuesday that it started oil production on the Oda field in the southern part of the Norwegian sector of the North Sea on March 16, nearly five months ahead of schedule. (Image…

Brazil Likely to Pay Petrobras $10 Bln

Mar 19, 2019

The Brazilian government is likely to pay around $10 billion to state-run oil firm Petroleo Brasileiro SA to settle the so-called 'transfer-of-rights' dispute, newspaper Valor Economico reported on Tuesday, though the parties have not agreed on final terms…

Engine Overhaul for OSV Seven Atlantic

Mar 19, 2019

One of the world's most advanced diving support vessels has undergone a comprehensive power plant refurbishment and maintenance program. Subsea 7 Seven Atlantic (Photo: Royston) Engineers undertook the 30…

Pioneering Spirit Gets a Scrub Down

Mar 19, 2019

The world's largest vessel, Pioneering Spirit, received a robotic hull cleaning during a recent port call in Rotterdam. Pioneering Spirit (Photo: Hull Cleaner) The Allseas owned multipurpose vessel…

Oil Prices Reach 2019 Highs

Mar 19, 2019

Oil prices rose to new 2019 highs on Tuesday, supported by OPEC supply cuts and falling output from Iran and Venezuela because of U.S. sanctions. © pichitstocker / Adobe Stock Brent crude oil futures were up 16 cents at $67…

Prysmian to Supply Cables for French Floating Wind Farm

Mar 19, 2019

Cable systems manufacturer Prysmian Group said on Tuesday it has been awarded a contract worth approximately €30 million to develop of a turnkey submarine cable system for EDF Renewables' Provence Grand Large (PGL) floating offshore wind farm project in South France…

Deep Down Reports $4.4 Mln in New Orders

Mar 19, 2019

Houston-based deepwater production and distribution equipment and services provider Deep Down said it has secured $4.4 million in orders for flying leads and associated equipment, and offshore installation services for the Gulf of Mexico, including…

Petrobras P-77 FPSO Starts Production

Mar 19, 2019

Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday it had started production at its P-77 platform, its fourth platform to enter operations in the Buzios field within the pre-salt region of Bacia de Santos. (Photo…

Pemex Plans to Triple Drilling this Year

Mar 19, 2019

Mexico's national oil company Pemex plans to triple the number of wells it will drill this year, the company's chief executive said on Monday, in a bid to grow crude output and reverse more than a decade of declining production. ©…

Siccar Point Kicks Off 2019 Drilling

Mar 19, 2019

UK focused exploration and production company Siccar Point Energy announced Tuesday it has has commenced its 2019 offshore drilling campaign with the spudding of an exploration well at the Blackrock prospect West of Shetland. Siccar…

Petrobras Names Former Vale Exec as CFO

Mar 19, 2019

Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, named Andrea Marques de Almeida, an engineer and former executive at mining company Vale SA, as its new chief financial officer, according to a securities filing. ©…

Wood's Profit Beats Estimates

Mar 19, 2019

Wood Plc's 2018 profit topped market expectations as the British oilfield and engineering services provider trumpeted the success of its 2017 takeover of smaller rival Amec Foster Wheeler and increased revenue synergies from the deal. ©…

Aker BP Finds Oil in Froskelår Well

Mar 19, 2019

Norwegian operator Aker BP announced Tuesday it has found up to 130 mmboe in the the Froskelår Main exploration well in licence 869 in the Alvheim area. (Image: Norwegian Petroleum Directorate) Aker…

Aoka Mizu FPSO Hooks Up to Lancaster Field

Mar 19, 2019

Hurricane Energy's floating production, storage and offloading (FPSO) vessel has been connected to the group's North Sea Lancaster oilfield, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain. Aoka…

Boralex Withdraws from Dunkirk Offshore Bid

Mar 19, 2019

The power producer Boralex Inc. said that it has decided to withdraw from a consortium bidding for the Dunkirk Offshore Wind Farm tender. File Image: The Netherlands Enterprise Agency 'Boralex has determined…

STR Opens Australian Office

Mar 19, 2019

The specialist in the design and manufacture of advanced subsea technology for the offshore energy industry, Subsea Technology & Rentals (STR), is delighted to announce the launch of its Australian Office and hosted its official office opening day in Perth…

Vallourec Bags PTTEP Contract in Myanmar

Mar 19, 2019

Thailand’s national oil exploration & production company PTT Exploration & Production PLC (PTTEP) has awarded French contractor Vallourec a contract to deliver over 3,000 tons of oil country tubular goods (OCTG) for a challenging offshore project in Myanmar…

Sole Offshore Construction Phase Completed

Mar 18, 2019

Installation and testing of the 67 km control umbilical connecting the Sole gas field with the Orbost Gas Plant has been completed, marking the conclusion of the offshore construction phase of the Sole Gas Project, operator Cooper Energy said in an update on Monday…

PSA Audits Xmas Tree for Snorre Expansion

Mar 18, 2019

Norway's offshore watchdog the Petroleum Safety Authority (PSA) said it has carried out an audit of Equinor and the fabrication of the subsea Christmas tree for the Snorre expansion project. Illustration…

Shelf Drilling Stands Tall in Shallow Water

Mar 18, 2019

In a sign that national oil companies aren’t giving up their nation-building efforts anytime soon, the near-shore, jack-up rig market is experiencing a swell of business that’s lifting fortunes and impressing seasoned rig hands. Well…

Pemex CEO Questions Ratings Downgrade

Mar 18, 2019

The chief executive of Mexican state oil company Pemex on Monday questioned credit agency downgrades to the firm's debt, saying the same agencies had not acted when the company's investment and oil exploration activity diminished under past governments…

Woodside Invests in Cyber Security

Mar 18, 2019

Australia's largest independent oil and gas company said it has invested in a Western Australian company specializing in the protection and security of critical infrastructure. © pinkeyes / Adobe Stock Woodside…

PSA Probes Åsgard B Incident

Mar 18, 2019

Norwegian offshore watchdog the Petroleum Safety Authority Norway (PSA) said it is investigating an incident involving a dropped trolley on board the Equinor-operated Åsgard B facility on March 13. Åsgard…

Rever Offshore Names MacLeod CEO

Mar 18, 2019

Subsea services provider Rever Offshore, formerly Bibby Offshore, said on Monday it has appointed Barry MacLeod as its new chief executive officer, replacing Mark Bessell, who stepped down from the role last month, for personal reasons. Barry…

Urquhart Joins Reactive Downhole Tools

Mar 18, 2019

well completion solutions provider Reactive Downhole Tools announced MOnday it has appointed Niall Urquhart as VP Eastern Hemisphere. Niall Urquhart (Photo: Reactive Downhole Tools) Urquhart…

Oil Edges Above $67

Mar 18, 2019

Oil edged further above $67 a barrel on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs though concern that an economic downturn may dent fuel consumption curbed gains. © pichitstocker…

Orinduik Block Resources Upgraded

Mar 18, 2019

An oil and gas field offshore Guyana owned by Tullow, Total and Eco Atlantic contains around 3.9 billion barrels of oil equivalent, an upgrade of around a third to a September estimate, Eco said on Monday. (Image…

Oil Slips to $67

Mar 18, 2019

Oil slipped to around $67 a barrel on Monday, weighed by concern that an economic downturn may dent fuel consumption, despite the prospect of prolonged OPEC-led oil supply curbs. © Pavel Ignatov / Adobe…

Seadrill Taps TCS to Drive Digital Transformation

Mar 18, 2019

Offshore drilling company Seadrill has selected IT services, consulting, and business solutions organization Tata Consultancy Services (TCS) to transform and maintain its global digital infrastructure. (Photo…

Delek Drilling Mulls Listing Leviathan Stake

Mar 18, 2019

Delek Drilling said on Monday it was considering listing its holdings in the Leviathan natural gas field off Israel's Mediterranean coast on the London Stock Exchange as part of a corporate restructuring.Delek Drilling, a unit of conglomerate Israel's Delek Group…

Borr Drilling Gets Contracts in Mexico

Mar 18, 2019

Borr Drilling, one of the youngest drilling companies in the offshore industry, has secured offshore drilling contracts with oil company Petroleos Mexicanos (Pemex), which will see two new build jack-ups deployed in Mexico. Image…

PGS Bags Seismic Survey Offshore South Africa

Mar 18, 2019

The marine geophysical company Petroleum Geo-Services (PGS) has announced new large-scale 2D multiclient project. This PGS regional-scale 2D GeoStreamer seismic survey will stretch 11 000 km, from the Namibian border to Cape Agulhas, covering large…

SCF Registers Growth in Offshore Revenues

Mar 18, 2019

The energy shipping company PAO Sovcomflot (SCF Group) has managed to increase its revenue base and achieved a profit of USD 11.9 million against a USD 106.2 million loss in 2017. Image: SCF Group The…

Vantage Drilling Sinks Into the Red

Mar 17, 2019

Texas-based offshore drilling contractor Vantage Drilling International reported a net loss of  $52.2 million for the three months ended December 31, 2018 as compared to a net loss of $36.6 million for the three months ended December 31, 2017…

Saipem Push with US Drillers Draws a Blank

Mar 15, 2019

Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters. (File…

Rising US Oil Clout on Show in Houston

Mar 15, 2019

A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics. ©…

Jumbo Scores North Sea Decom Job

Mar 15, 2019

Dutch offshore contractor Jumbo said it has been awarded a decommissioning project in the North Sea by TAQA Energy BV, involving the removal, transportation and disposal of three subsea protection domes and piles. (Photo…

New CTVs Delivered for Hornsea Wind Farm

Mar 15, 2019

A pair of 39-meter multipurpose crew transfer vessels have been built by PT Bintang Timur Samudera in Indonesia and delivered to MH-O & Co to be operated for Orsted in its Hornsea Project One wind farm offshore England. Photo…

Magseis Fairfield Wins Gulf of Mexico Work

Mar 15, 2019

Oslo based offshore seismic services provider Magseis Fairfield said on Friday that it has received a contingent letter of award (LOA) for a three months data acquisition program for an unnamed client in the Gulf of Mexico. ©…

Offshore Achievement Awards Winners Revealed

Mar 15, 2019

The 33rd Offshore Achievements Awards held in Aberdeen on Thursday night recognized talent, ambition and innovation across the UK offshore energy sector. Offshore Achievement Award winners with Rachel…

The Seadrill Approach to Health and Safety

Mar 15, 2019

Offshore drilling contractor Seadrill has set out to define a new health standard for thousands of its employees before they embark on rigs offshore. (Photo: Seadrill) The company, in…

Digitization. Digitalization. Digital transformation.

Mar 15, 2019

Digitization. Digitalization. Digital transformation. © Mike Espenhain / Adobe Stock As far as Ross Philo, Energistics president and CEO, is concerned, these terms mean much more than simply acquiring more data…

Pioneering Spirit to Install Johan Sverdrup Living Quarters

Mar 15, 2019

The fourth and final platform for the first phase of the giant Johan Sverdrup project offshore Norway is ready for sail-away from Kværner’s yard on Stord, to be transported about 140 kilometers west of Stavanger and installed in a single lift by specialist mega vessel Pioneering Spirit…

New IMR Vessel for Otto Candies

Mar 15, 2019

A new US-flagged inspection, maintenance and repair (IMR) vessel leverages three different propulsion systems for improved maneuverability and a high free running speed. The 2018-built IMR vessel Paul Candies (Image: Otto Candies…

Tennet: EIA for Offshore Wind Farm

Mar 15, 2019

Tennet has commissioned Arcadis and Pondera to carry out an environmental impact assessment (EIA) work and permit applications for grid infrastructure for the planned 4GW Ijmuiden Ver offshore wind farm. Image…

Ørsted Joins Dutch Offshore Wind Tender

Mar 15, 2019

Danish wind giant Ørsted has submitted a bid for the 750MW Hollandse Kust Zuid lll and lV offshore wind zones in the Dutch North Sea. Image: Ørsted As part of its proposal to the Dutch government…

DEME Names Moray East Jacket Suppliers

Mar 15, 2019

DEME Offshore has selected tier one suppliers to supply jackets for the foundations of Moray Offshore Windfarm East (MOWEL),  located in the Outer Moray Firth, 22km off the coast of Scotland. Image: DEME According to DEME…

MMA Offshore Bags Santos Contract

Mar 14, 2019

Australian offshore vessel owner MMA Offshore has been awarded a drilling support contract by Santos Drilling. Pic: MMA Offshore 'We are pleased to announce that we have been awarded…

Israeli Vote Will Not Affect Offshore Auction

Mar 14, 2019

Israel's offshore oil and gas licensing auction will go ahead as planned in June regardless of the outcome of the country's upcoming general elections, Energy Minister Yuval Steinitz said in an interview. Israeli…

Eni Finds Gas Offshore Egypt

Mar 14, 2019

Italian oil company Eni announced Thursday it has made a gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km North of the Sinai peninsula…

Enviroplug: A New Solutuion for P&A

Mar 14, 2019

Wellbore clean-up and abandonment specialist Coretrax said it is increasing its stock of its CX-Enviroplugs to meet demand for big bore cement plug placement. The company said eight…

BHP to Drill More Wells in Trinidad

Mar 14, 2019

BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said. ©…

ESS Saves Fuel for North Sea Construction Ship

Mar 14, 2019

One of the world’s largest and most advanced subsea construction vessels has been equipped with three energy storage systems (ESS), featuring for the first time ever energy and load sharing capability. North…

Eni, Qatar Petroleum Extend Partnership

Mar 14, 2019

The signing of an acquisition agreement between Italian oil giant Eni and Qatar Petroleum for an offshore asset in Morocco this week has not only reinforced the business partnership of these two oil exploration and production companies but could…

Petrobras Concentrates Its Efforts

Mar 14, 2019

As the world's top oil companies diversify and expand their presence in the petrochemicals and renewables segments, Petrobras is craving to be a less verticalized company. Roberto Castello Branco took…

Norway to Offer More Arctic Exploration Blocks

Mar 14, 2019

Norway plans to expand the offshore oil and gas acreage offered to companies under its annual licensing round in so-called predefined areas (APA), oil minister Kjell-Boerge Freiberg said on Thursday. ©…

Eneco, Shell, Van Oord Bid for Dutch Offshore Wind

Mar 14, 2019

The Witwind consortium, formed by Shell, Van Oord and Eneco, tendered for the construction and operation of Dutch offshore wind farms Hollandse Kust (zuid) III and IV in the North Sea. Image: The Netherlands Enterprise Agency Royal Van Oord…

Equinor Extends Oceaneering Contract

Mar 14, 2019

Houston-based subsea engineering company Oceaneering International has secured a contract renewal from Equinor, the Norwegian multinational energy company, covering the provision of maintenance, reliability and integrity management. Image…

GAC Bags Petronas Job

Mar 14, 2019

GAC Marine’s branch in Turkmenistan has been awarded two contracts by Petronas Carigali, a subsidiary of Petronas, to provide marine services for its development of the Garagol Deniz West (GDW) oil field. Image…

World First: Live Broadcast from Underwater

Mar 14, 2019

Underwater technology company Sonardyne International said that its pioneering subsea communications technology has been used to stream the first live broadcast to global audiences from an underwater submersible. Image…

Wellesley Hits Dry Well in North Sea

Mar 14, 2019

Norwegian oil and gas exploration company Wellesley Petroleum has drilled another dry well in the Norwegian section of the North Sea, 220 kilometers northwest of Stavanger. Image: Transocean The…

Rotech Subsea Bags Bangladesh Seabed Job

Mar 14, 2019

UK-based provider of mass flow excavation services Rotech Subsea Ltd. has announced that it has signed an agreement to undertake a major seabed preparation scope for United Arab Emirates-based ULO Systems. Pic…

Rowan Rig Wins Repsol's Guyana Well Order

Mar 14, 2019

The offshore drilling contractor Rowan announced that Repsol Exploracion Guyana, a unit of Spanish energy major Repsol, has signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana. Image…

Repsol, Emerson Pact for Geoscience R&D

Mar 13, 2019

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil. Emerson is enabling…

BOEM Plans Gulf of Mexico Lease Sale in August

Mar 13, 2019

The U.S. Bureau of Ocean Energy Management (BOEM) has proposed a Gulf of Mexico lease sale for August 2019, Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and BOEM Acting Director Walter Cruickshank announced Tuesday…

OPT Inks Deal with US Operator

Mar 13, 2019

Ocean energy solutions developer Ocean Power Technologies (OPT) said it has signed a master service contract governing work with an unnamed offshore oil and gas operator within the U.S. and the U.S. outer continental shelf, including the provision of goods and services…

Magma Products Launches Shutdown Division

Mar 13, 2019

Engineering consultancy Magma Products said its newly launched a shutdown division aims to bring a fresh approach to this complex arena of the oil and gas industry. From left, Philip Tweedy, managing director of Magma Products…

Op/Ed: Unlocking a Low Carbon Future

Mar 13, 2019

Sian Lloyd-Rees, UK country manager with Aker Solutions and and chair of the Low Carbon Future keynote program session at SPE Offshore Europe 2019, believes oil and gas companies should lead the way toward a lower carbon future. Energy diversification…

Shell Bids to Build Dutch Offshore Wind Farms

Mar 13, 2019

Royal Dutch Shell has teamed up with energy company Eneco and builder Van Oord in a bid to build two wind farms in the Dutch part of the North Sea, the companies said on Wednesday. © Michael Halberg…

Petronas FLNG Relocates to Sabah

Mar 13, 2019

Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations. (File…

Orsted Seeks Ways to Avoid Brexit Tariffs

Mar 13, 2019

Denmark's Orsted is looking at ways to avoid potential tariffs on imports of components for its multi-billion pound British offshore wind farms in the event of a disorderly Brexit, the company's UK chief told Reuters. (Photo…

Petrobras Prices $3 Bln in Bonds

Mar 13, 2019

Brazilian oil company Petroleo Brasileiro SA has priced global notes worth $3 billion due in 2029 and in 2049 as it seeks to repurchase shorter-term debt obligations, according to a securities filing late Tuesday. ©…

Alpha Has Successful First Year in Australia

Mar 13, 2019

One year after entering the Australian wind energy market, Alpha Offshore Service has successfully completed its first 10 projects in the area. Photo: Alpha Offshore The Denmark-based company…

Qatar Petroleum Buys Into Morocco Exploration Blocks

Mar 13, 2019

Qatar Petroleum said on Wednesday it has entered into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco…

Eni Makes Major Oil Find Offshore Angola

Mar 13, 2019

Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola. (Photo: Eni) The find is Angola's largest offshore discovery in years…

UK's First Offshore Wind Farm Decommissioned

Mar 13, 2019

German energy group E.ON will decommission the first wind farm built in U.K. waters, as the 4-MW facility has reached the end of its technical lifespan. Shortly before dismantling: Blyth, Great Britain''s first wind farm…

Offshore Wind Energy to Exceed 81000 MW by 2024

Mar 13, 2019

The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. Image: Siemens Gamesa A report…

Partners Group invests in Greenlink

Mar 13, 2019

Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector,  the subsea connection between Wales and Ireland in exchange for a stake in the scheme. Marine survey work starts for Greenlink interconnector…

SeaBird Scores Contract Extension

Mar 12, 2019

SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days…

RDS Tallies Design Engineering Contract

Mar 12, 2019

KCA Deutag’s engineering and design solutions provider RDS has been awarded a new contract for the detailed design of a drilling facility for an offshore platform. (File photo: KCA Deutag) The contract…

TenneT Contracts Fugro for UXO Services

Mar 12, 2019

Geo-data specialist Fugro announced Tuesday it has been awarded a multimillion dollar contract from TenneT to provide integrated unexploded ordnance (UXO) services at an offshore wind farm development in Dutch coastal waters. The contract follows…

Platform Installed at D28 Off Malaysia

Mar 12, 2019

A lightweight, conductor-supported, minimum facility wellhead platform has been installed in 35 m water depth for the D28 oilfield Phase 1 project offshore Sarawak, Malaysia, for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd, 2H Offshore announced on Tuesday…

i-Tech 7 Taps Hird as APAC Director

Mar 12, 2019

Subsea 7’s life of field business unit i-Tech 7 has appointed Simon Hird as its new regional director to help strengthen and grow its life of field business in the Asia-Pacific region. He will be based in the company’s Perth office. Simon…

Chevron to Use Subsea Compression at Jansz-Io

Mar 12, 2019

Aker Solutions announced Tuesday it has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia, marking the first time the technology will be used outside of Norway…

OPT Inks Deal with Oil and Gas Operator

Mar 12, 2019

Ocean Power Technologies, Inc. (OPT) announced Tuesday that it ha signed a Master Service Contract with an unnamed offshore oil and gas operator. The Contract will govern all work with this customer within the U.S. and the U.S. outer continental shelf…

EnQuest Shares Slump to Three-year Low

Mar 12, 2019

British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves by around a fifth. (Photo…

Atals Sets Sights on Asian Offshore

Mar 12, 2019

Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region. Image: Atlas Professionals 'With the…

Fred Olsen Windcarrier Debuts in Taiwan

Mar 12, 2019

The offshore wind parks specialist Fred Olsen Windcarrier won its first major deal in the Asian market after being picked to install the 8MW Siemens Gamesa Renewable Energy (SGRE) turbines at the Yunlin offshore wind farm off Taiwan. Image…

QP Buys Stake in Mozambique Offshore

Mar 12, 2019

Italian oil and gas operator Eni S.p.A. and Qatar Petroleum have entered into a farmout agreement which will allow Qatar Petroleum a 25.5 percent participating interest in Block A5-A offshore Mozambique. Saad Sherida Al-Kaabi…

OWC, TCE Targets Offshore Wind in India

Mar 12, 2019

UK-based Offshore Wind Consultants (OWC) and Tata Consulting Engineers Limited (TCE) have signed an agreement to partner up for upcoming projects in the Indian offshore wind sector. Image: Aqualis Offshore Under the agreement…

TechnipFMC Acquires DSV Deep Discoverer

Mar 11, 2019

TechnipFMC announced Monday it has acquired a newbuild diving support vessel (DSV) Deep Discoverer. The vessel will primarily service the North Sea diving construction and inspection, repair and maintenance (IRM) markets. (Image…

Trump Requests $200.5 Mln for BSEE, $193.4 for BOEM

Mar 11, 2019

U.S. President Donald Trump's proposed fiscal year (FY) 2020 budget submitted to Congress on Monday includes $200.5 million for the Bureau of Safety and Environmental Enforcement (BSEE) and $193.4 million for the Bureau of Ocean Energy Management (BOEM)…

Petrobras Contracts Two Transocean Drillships

Mar 11, 2019

Offshore drilling contractor Transocean announced Monday that two of its ultra-deepwater drillships have been contracted by Petrobras for work offshore Brazil. Ocean Rig Corcovado (Photo: Transocean) The two drillships…

Colombia, Shell Ink Offshore E&P Contracts

Mar 11, 2019

Colombia's government on Monday said it signed two exploration and production contracts with Shell in offshore areas of the Caribbean Sea that will require the company to make initial investments of $100 million. ©…

Melhuish Joins WFS Technologies

Mar 11, 2019

Wireless subsea technology provider WFS Technologies has appointed Moray Melhuish to the newly-created post of commercial director, responsible for building on the success of its industry-advanced innovations as well as increase its portfolio of national and international projects…

BP Dishes Greater Tortue Ahmeyim Contracts

Mar 11, 2019

Oil major BP has awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts to services providers McDermott International and Baker Hughes, a GE company (BHGE), for the Greater Tortue Ahmeyim natural gas project…

Petrobras Plans to Slash Opex by $8.1 Bln

Mar 11, 2019

Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, announced plans to cut $8.1 billion from its operational costs in the period from 2019 through 2023, according to a securities filing released on Friday. ©…

ACE Winches Delivers Innovative Riser Installation

Mar 11, 2019

ACE Winches said it has delivered a bespoke new product for the installation and pull-in of two steel catenary risers (SCR) on the Buckskin deepwater development, a field located approximately 190 miles south-east of Houston in the Gulf of Mexico…

Maersk Supply Service Wins Total Contract

Mar 11, 2019

Maersk Supply Service said it has fixed the newbuild subsea support vessels vessel (SSV) Maersk Involver for 161 days to support maintenance of the DAN F platform located offshore Esbjerg for walk-to-walk and accommodation services. The contract is expected to commence start-April 2019…

British Oil, Gas Output Rose 4% Last Year

Mar 11, 2019

British oil and gas production rose 4 percent to 1.7 million barrels of oil equivalent per day in 2018 compared with the previous year, according to the Oil and Gas Authority, an industry regulator. ©…

BW Offshore: FPSOs and a Big New Oilfield

Mar 11, 2019

When BW Offshore agreed at the weekend to pay Brazilian oil company Petrobras $90 million for 70 percent of the Maromba field offshore Brazil, the company was launching in earnest a strategy to buffer itself from lulls in spending on floating production storage and offloading vessels (FPSO)…

North East England Offshore Ready to Deliver

Mar 11, 2019

North East England’s supply chain is “fit and ready” to support the growth of offshore wind that the new UK Sector Deal will bring, according to Energi Coast. Photo: Energi Coast The…

EC Probes E.ON-Innogy Merger

Mar 11, 2019

The European Commission has opened an in-depth investigation into German utility E.on's  takeover of certain assets from domestic Innogy, saying the transaction may lead to higher prices for consumers. Image: Innogy SE The deal…

PTTEP Makes Gas Discovery in Off Australia

Mar 11, 2019

Thai oil and gas company PTT Exploration and Production Public Company Limited (PTTEP) has made a gas and condensate discovery at the Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia. Image…

Siem Offshore Wins Job for Subsea Construction Vessel

Mar 11, 2019

Norwegian subsea shipping company Siem Offshore has been awarded a long-term contract for its Siem Spearfish vessel. Image: Seaway Offshore Cables The vessel owner said it had agreed…

Vestland Offshore to Manage Ocean Duke

Mar 11, 2019

Norwegian vessel owner Vestland Offshore announce that it has taken Management on yet another Vessel. Ocean Duke Image: Vestland Offshore The Ocean Duke is currently being converted…

World's Largest SWF to Dump Oil and Gas Companies

Mar 11, 2019

The Norwegian government announced that its huge sovereign wealth fund (SWF), arguably worl'd largest,  plans to dump shares and investment in oil and gas companies. Image: Shell While…

Bristol, JDR Launch Offshore Wind Pact

Mar 11, 2019

Massachusetts-based Bristol Community College and JDR Cables, supplier of subsea power cables and umbilicals and a part of the TFKable Group, have launched new collaboration to train the future workforce for the global offshore wind industry…

Awilco Appoints New CEO

Mar 10, 2019

UK-based drilling contractor Awilco Drilling announced that tha appointment of  Jens Berge as Chief Executive Officer (CEO) of the company.  Berge will succeed Jon Oliver Bryce. Pic: Awilco Drilling…

Awilco Orders Drilling Rig from Keppel

Mar 08, 2019

UK based Awilco Drilling has exercised an option to have a second mid-water semisubmersible drilling rig built by Singapore's Keppel Offshore & Marine, the builder announced on Friday. (Image: Awilco Drilling) The option…

OPITO Names Asian Pacific VP

Mar 08, 2019

OPITO, a global, not-for-profit skills body for the energy industry, has appointed Hart Victor in the role of vice president of strategy for the Asia Pacific region. Hart Victor (Photo: OPITO) Victor…

Digital Assisted Monitoring & Maintenance

Mar 08, 2019

The offshore industry continues to find new ways to use machine learning and artificial intelligence to become more efficient, improve safety levels, and increase production. Stress Engineering Services is leveraging those technologies along…

Norway Fund to Sell E&P Firms

Mar 08, 2019

Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers but still invest in energy firms that have refineries and other downstream activities, according to a government plan…

Petronas Q4 Profit Skids 21%

Mar 08, 2019

Malaysian state oil firm Petronas said on Friday its fourth-quarter profit slid 21 percent as costs piled up, and warned it will have to chart a way through a volatile, challenging 2019 citing market uncertainties and geopolitical risks. ©…

Offshore Wind to Provide 30% of UK’s Power

Mar 08, 2019

Clean, green offshore wind is set to power more than 30% of British electricity by 2030, Energy and Clean Growth Minister Claire Perry announced yesterday (7 March 2018) with the launch of the new joint government-industry Offshore Wind Sector Deal…

DEA Extends Concessions in Egypt

Mar 08, 2019

German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. Photo: DEA Deutsche Erdoel AG  DEA’s…

Morrison Acquires Pipelay and Diving Fleet

Mar 08, 2019

The provider of  comprehensive services to oil and maritime companies,  Chet Morrison Contractors (Morrison) has acquired two pipelay/construction barges and a saturation diving system from an undisclosed seller in a move to double the size of its pipelay barge fleet…

US to Overtake Saudi in Oil Exports

Mar 08, 2019

United States will soon export more oil and liquids than Saudi Arabia, thanks to the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast. Graph…

World Bank Targets Offshore Wind Markets

Mar 07, 2019

The World Bank Group announced a new program to advance the adoption of offshore wind energy in developing countries and emerging markets. Image: Orsted The World Bank and  International…

Mossel Bay Port Ready to Serve Total

Mar 07, 2019

South Africa’s smallest commercial port, the Port of Mossel Bay is well equipped to provide value following global energy giant Total’s significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin…

Glomar Offshore Buys Bourbon Duo

Mar 07, 2019

Dutch offshore support vessel operator Glomar Offshore announced Thursday it has purchased a pair of support vessels from French owner Bourbon Offshore. © Jean-baptiste Muiron / MarineTraffic.com The…

Oil Edges Up

Mar 07, 2019

Oil prices edged higher on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, but gains were capped by falling stock markets and renewed concerns over demand growth. ©…

ABS: Guidance for Remote Inspection Technologies

Mar 07, 2019

Classification society ABS has published new guidance notes detailing best practices for their use on class surveys and non-class inspections. Photo courtesy of ABS The Guidance Notes…

Speedcast Offers Intellian v240MT Antenna

Mar 07, 2019

Satellite communications provider Speedcast International said it will begin to offer Intellian’s v240MT antenna to customers in the cruise and offshore energy sectors. Intellian’s v240MT antenna (Image…

2G and 4G Coming to the Goliat Field

Mar 07, 2019

Vår Energi AS, operator of the Goliat field in the Barents Sea, announced Thursday it has entered into an agreement with Telenor Maritime to equip the field with 2G and 4G networks, in an effort to improve safety and emergency response capability in the region…

Premier Oil Swings to $133 Mln Net Profit

Mar 07, 2019

Premier Oil swung to a net profit of $133.4 million in 2018 from a net loss of more than $250 million in the previous year, the British firm said on Thursday, adding it aimed to reduce its debt pile to potentially less than $2 billion by year-end…

Norway Production Costs Rising

Mar 07, 2019

Petroleum production costs on the Norwegian continental shelf rose in 2018 after falling for three consecutive years, state-owned oil firm Petoro said on Thursday. (Photo: Equinor) Cost…

First US FLNG Project Moving Ahead

Mar 07, 2019

Plans to construct a U.S. floating liquefied natural gas (FLNG) vessel in China, which may also provide funding and buy part of its output, are moving ahead despite trade tension between the countries, an executive at one of the partners said on Thursday…

Subsea 7 Bags Yet Another Deal in Africa

Mar 07, 2019

Subsea engineering, construction and services company, Subsea 7 has added yet one more feather in its Africa offshore cap after winning an engineering studies contract with a possibility of extending it to engineering, procurement, construction…

Green Marine Grows Offshore Fleet

Mar 07, 2019

The solutions provider of the offshore renewable industry, Green Marine has expanded its fleet by recently purchasing a Damen Twin Axe 26m long CTV named the “Green Storm”. Image: Green Marine The…

RMT Concerned Over Offshore Wind Policy

Mar 07, 2019

The UK's offshore trade union RMT has raised concerns over the impact on workers from today's Government offshore wind energy strategy. Image: RMT RMT General Secretary, Mick Cash said…

SMC Strengthen Taiwanese Links

Mar 07, 2019

UK company Specialist Marine Consultants (SMC) has completed a full inspection of Seajacks’ self-propelled jack-up vessel, Zaratan, ahead of her deployment to Taiwan in the coming weeks. Image: Specialist…

Vattenfall's Groebler Named WindEurope Chair

Mar 07, 2019

Gunnar Groebler, Senior Vice President, Business Area Wind at Vattenfall,  has been named chairman of WindEurope’s board of directors. Gunnar Groebler. Photo: WindEurope Groebler will…

Plexus Bags Gazprom Contract Via Gusar

Mar 07, 2019

Aberdeen-based oil well technology firm Plexus Holdings said its Russian licensee Gusar had clinched its first major contract to supply gas exploration equipment to Gazprom. Image: Plexus The…

Telford Offshore Cuts Share Count

Mar 06, 2019

International offshore services company, Telford Offshore, has unwound the share trust originally set up when it was formed via a corporate restructuring in February 2018. Image: Telford Offshore The…

BW Offshore Cleared to Buy Brazil Oilfield

Mar 06, 2019

Norway's BW Offshore has won approval from Brazil's antitrust watchdog Cade to buy the Maromba oilfield from Petrobras and Chevron, according to a statement in the official gazette on Wednesday. © brasilplural…

Seatec Wins Subsea Pumps Order

Mar 06, 2019

Dutch supplier Seatec said it has been awarded a contract for the design and delivery of four subsea pump systems. (Photo: Seatec) The comany said all four systems will be fitted with special hydraulic motor…

Pioneering Spirit Shifts to the North Sea

Mar 06, 2019

The world's largest heavy lift and pipelay vessel, Pioneering Spirit, will take a temporary pause from Nord Stream 2 pipelaying activities in the Swedish Exclusive Economic Zone to perform planned platform lift work in the North Sea. Pioneering…

Kraken Debuts New Synthetic Aperture Sonar

Mar 06, 2019

A new synthetic aperture sonar (SAS) unveiled this week by Kraken Robotics Inc. is designed to provide ultra high definition seabed mapping with superior area coverage rates, according to the developer. Kraken…

Subsea 7 Wins Three Woodside Contracts

Mar 06, 2019

Australia's Woodside Petroleum in recent months has awarded several oil and gas engineering contracts to Subsea 7 for two projects offshore Australia and one off Senegal, the offshore services company said on Wednesday. (Photo…

ExxonMobil Plans Big 2020 Capex Boost

Mar 06, 2019

Exxon Mobil Corp plans to boost capital spending for several years, CEO Darren Woods said on Wednesday, and the largest U.S. oil company's shares fell after he laid out a strategy to 'lean in' while the rest of the industry cuts back. ©…

Australia's Best Option is LNG Imports

Mar 06, 2019

Australia has painted itself into a corner with its natural gas industry and faces the stark reality that there are no easy choices to alleviate the dual problem of a looming supply crunch and the associated higher prices. ©…

Neodrill Bags Three New Projects

Mar 06, 2019

Norway-based offshore services company and provider of drilling technology products, Neodrill AS announced three new project wins. Image: Neodrill AS New contracts include projects with Repsol…

Swan Wraps Up Norther Offshore Cabling

Mar 06, 2019

Swan Hunter has completed work to spool export cables into storage baskets for the 370MW Norther offshore wind farm at its yard in Vlissingen, the Netherlands. Image: Swan Hunter The UK-based shipbuilding design…

Ecopetrol Wins Offshore Colombia Block

Mar 06, 2019

Colombia’s state-run oil company Ecopetrol SA has signed Colombia’s first offshore exploration and production contract under a newly revised contract model. Image: Ecopetrol SA According to a report in Reuters…

Oman: Gas Production to Surpass Oil by 2023

Mar 06, 2019

Oman’s gas production levels are set to surpass oil by 2023 thanks to an impressive surge in the development of gas fields in the sultanate, according to Rystad Energy, the independent energy research and consulting firm headquartered in Norway…

Kraken Receives $2.3 Mln from Ocean Infinity

Mar 05, 2019

Kraken Robotics Inc. announced Tuesday it has received $2.3 million from Ocean Infinity from the exercise of 5,760,000 warrants that had been issued in connection with the company’s private placement of units to Ocean Infinity in June 2018.…

Bristow Taps Miller as CEO

Mar 05, 2019

Offshore helicopter services provider Bristow Group has named L. Don Miller as its new President and Chief Executive Officer and appointed him as a member of the Board of Directors. Don Miller (Photo: Bristow) Miller…

BP Partners with Enpro on FAM Technology

Mar 05, 2019

BP and Enpro Subsea have executed a Global Frame Agreement aimed at providing an enhanced subsea architecture and smart standardization using Flow Access Module (FAM) technology to enable fast track, capital efficient subsea tiebacks. (Photo…

Leak Detection Sonar Deployed in the US Gulf

Mar 05, 2019

A sonar monitoring system will help a major US oil company to reinforce its deepwater offshore asset integrity assurance in the US Gulf of Mexico. Sonardyne’s Sentry IMS in the US Gulf of Mexico (Photo: Sonardyne) The system…

DOF Subsea Tallies Multiple Contracts

Mar 05, 2019

DOF Subsea announced Tuesday it has been awarded various contracts, securing utilization for vessels in the subsea inspection, maintenance and repair (IMR) projects segment. (File photo: DOF) The…

Mariner Oilfield Startup Delayed

Mar 05, 2019

The start-up of Equinor's Mariner heavy oilfield in the British North Sea is expected to be delayed again until the fourth-quarter of 2019, two sources familiar with the project told Reuters. © Jamie Baikie / Equinor The field…

Crane Collapses on Eni Offshore Platform

Mar 05, 2019

One person died and two people were injured when a crane collapsed at an Italian offshore oil platform run by Eni, the oil and gas major said on Tuesday. (File photo: Eni) The crane was…

Sparrows Handles World’s Largest Offshore Wind Farm

Mar 05, 2019

Sparrows Group Cable and Pipe Lay Solutions (CPLS) division provided personnel and equipment last year to support Hornsea 1 offshore wind farm off the east coast of England. Image: Sparrows CPLS 'CPLS…

East Anglia Expecting $77 Bln in Offshore Projects

Mar 05, 2019

Based on the latest forecasts, engery-sector specialists Nautilus Associates claim more than £59 billion ($77 billion) could be invested in new offshore energy and infrastructure projects between now and 2040 in the Lowestoft and Great Yarmouth Enterprise Zones…

Jersey Commences Drilling at Verbier Well

Mar 05, 2019

British independent North Sea focused upstream oil and gas company, Jersey Oil and Gas said that drilling operations have now begun for the Verbier appraisal well, in the UK North Sea. Andrew Benitz…

NPD Extends Gullfaks C's Life for 17 Years

Mar 05, 2019

Equinor has gained approval from the Norwegian Petroleum Directorate  (NPD) to extend the producing lifetime of its Gullfaks C platform off Norway until 2036. This corresponds to the entire period of the production license. Image…

Ineos to Upgrade Forties Pipeline

Mar 04, 2019

Billionaire Jim Ratcliffe's petrochemicals company Ineos said on Wednesday it would spend 1 billion pounds ($1.33 billion) on UK energy assets, including the Forties pipeline, which carries almost half of Britain's oil and gas from the North Sea…

EMGS Confirms Equinor Data Contract

Mar 04, 2019

Electromagnetic Geoservices (EMGS) said it has entered into final contracts with Equinor for a range of seismic data across the Norwegian continental shelf. (Photo: EMGS) The final deal includes both licensing of Barents Sea…

S&P Downgrades Pemex

Mar 04, 2019

Ratings agency Standard & Poor's on Monday slashed the stand-alone credit profile of Petroleos Mexicanos (Pemex) to 'B-' from 'BB-', piling pressure on the Mexican government to tighten up the debt-laden state oil firm's finances. (Photo…

Energean Starts Israel Drilling Campaign

Mar 04, 2019

Mediterranean focused oil and gas producer Energean announced Monday that it has commenced its 2019 drilling program offshore Israel, which will consist of three development wells and Karish North. Stena…

Aker Energy Hits Oil Offshore Ghana

Mar 04, 2019

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announced Monday that it encountered oil in the Pecan South-1A well south of the main Pecan field offshore Ghana. (Photo…

PSA Concludes West Phoenix Fire Probe

Mar 04, 2019

An investigation into the November 2018 fire aboard the mobile drilling facility West Phoenix has uncovered the cause of the incident as well as several regulation breaches, the Petroleum Safety Authority Norway (PSA) said on Monday. West…

Ampelmann Wins Mexico Contract

Mar 04, 2019

Dutch offshore access provider Ampelmann announced Monday it has secured its first contract in Mexico. An A-type system has been mobilized on a flotel and will operate for two months, enabling the installation of an oil and gas platform. (Photo…

Sparrows Provides Cable Handling for Hornsea One

Mar 04, 2019

Sparrows Group Cable and Pipe Lay Solutions (CPLS) division has delivered its largest renewables project to date as part of three contracts awarded through VBMS; DEME Offshore, formerly known as Tideway; and DeepOcean. The work scope, part of…

Subsea Supply Chain Tightening -Proserv

Mar 04, 2019

As exploration and production (E&P) activity in the offshore oil and gas industry gradually accelerates, the global subsea sector is set to face supply chain challenges, predicts controls technology company Proserv. Iain Smith…

Xodus Hires Bell as Decom Manager

Mar 04, 2019

International energy consultancy Xodus Group said it has expanded its decommissioning offering with the appointment of its first well decommissioning manager. Gavin Bell will be responsible for developing and delivering Xodus’ new well decommissioning…

EnQuest Gets First Dibs on Seapulse Finds

Mar 04, 2019

British oil producer EnQuest has sealed a deal with explorer Seapulse that will put it first in line to help develop over four billion barrels' worth of prospective resources the company is investigating, Seapulse said. (File…

BW Offshore May Buy Brazilian Oilfield

Mar 04, 2019

Norway's BW Offshore is considering whether to buy Brazil's Maromba oilfield from Petroleo Brasileiro (Petrobras) and Chevron, for an undisclosed price, the Oslo-listed company said on Monday. BW Offshore CEO…

Lukoil Lifts Fourth-quarter Net Profit

Mar 04, 2019

Russia's No.2 oil producer Lukoil's fourth-quarter net profit rose to 159 billion roubles ($2.42 billion), up from 120.5 billion roubles in the same period a year earlier, the company said on Monday. (File…

Equinor Makes Visund Discovery

Mar 04, 2019

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 northern part of the North Sea. The resources are estimated at 12-28 million barrels of recoverable oil…

UK’s First Offshore Wind PPA Signed

Mar 03, 2019

UK-based water company Northumbrian Water has signed what is believed to be the UK’s first corporate power purchase (PPA) agreement with Danish renewable energy specialist Ørsted for offshore wind. Image…

Asia: Pertamina, Petronas Join Forces

Mar 03, 2019

Indonesian state-owned energy company PT Pertamina and Petroliam Nasional Berhad (Petronas) of Malaysia have signed a Memorandum of Understanding (MoU) to develop oil and gas business – upstream and downstream, not only in Indonesia or Malaysia but also in other countries…

Senvion Wins Italy's First Offshore Wind Project

Mar 03, 2019

German wind turbine manufacturer Senvion Group has concluded a 30-megawatt (MW) contract with Renexia for the first offshore wind farm in the Italian Mediterranean Sea. Image: Senvion Offshore The wind farm will feature ten Senvion 3…

EU Marinet2 Project Round Three

Mar 03, 2019

The EU Marinet2 project has awarded 36 offshore renewable energy developers total funds of EUR 1.2 million for testing technology under its latest funding call. Image: MaRINET2 Thedevelopers will benefit from the free lab…

Cyprus Offshore Gas Discovery: Conflict or Hope?

Mar 03, 2019

Oil giant ExxonMobil, together with partner Qatar Petroleum (QP), made giant gas discovery to the east Mediterranean region after finding a gas-bearing reservoir offshore Cyprus and estimated in-place gas resources in the reservoir at 5 to 8 trillion cubic feet (tcf) of gas…

Van Oord's New Record of Offshore Wind

Mar 03, 2019

Last week, the first electricity has been generated by the Belgian offshore wind farm Norther. Only 7 months ago, the Dutch maritime contracting company  Van Oord started with the installation of the first foundation and already the first power is delivered to the grid…

DEME Offshore, SABCA Sign Drone Pact

Mar 03, 2019

Two Belgian companies - Aerospace industry supplier SABCA and DEME Offshore - have formed a partnership to use drones for inspection services in the offshore wind energy industry. Image: DEME Offshore SABCA…

US Rig Count Lowest Since May 2018

Mar 01, 2019

U.S. energy firms this week cut the number of oil rigs operating to the lowest in almost nine months as some producers follow through on plans to cut spending despite an over 20-percent increase crude futures so far this year. File…

Aker BP Awards PSV Frame Agreements

Mar 01, 2019

Aker BP ASA announced it has awarded frame agreements with three suppliers for the provision of platform supply vessels (PSV), in a move that aims to reorganize the value chain. From left: Nils Magnus Himle…

Petrobras Divestment Plan Pushing Ahead

Mar 01, 2019

Petroleo Brasileiro SA is expanding its ambitious divestment program and has 'bold' plans for future sales, the Brazilian state-run oil company's chief executive said after the firm reported its first annual profit in five years. ©…

Aker BP Switching Gears

Mar 01, 2019

Norwegian oil and gas company Aker BP is switching emphasis from M&A towards exploration, taking a potentially riskier path to increase its resources after years when it has relied on acquisitions to add the bulk of its new barrels. (Photo…

Saipem and Former Managers Face Trial

Mar 01, 2019

An Italian judge has ordered oil contractor Saipem and former executives to stand trial on charges of market manipulation and false accounting, the company said on Friday, confirming an earlier report.The trial, revolving around a profit warning issued in 2013 which sent Saipem shares sharply lower…

Impact Monitoring: Cut Downtime and Cost

Mar 01, 2019

Anyone who works in business knows the importance of following processes to achieve successful outcomes. When it comes to the oil and gas industry, one misstep, change or delay can throw the entire process off, rendering resources useless and costing a company thousands…

TechnipFMC Wins EPCIC Contract for Tortue/Ahmeyim FPSO

Mar 01, 2019

TechnipFMC announced Friday it has been awarded a contract from BP for the engineering, procurement, construction, installation and commissioning (EPCIC) of the floating production storage and offloading (FPSO) unit to be deployed for the Greater Tortue Ahmeyim project offshore West Africa…

Dutch Prosecutors Target Shell Over Nigeria Oil Deal

Mar 01, 2019

Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over the $1.3 billion acquisition of an Nigerian offshore oilfield, ramping up pressure on the energy firm that already faces bribery charges in Italy over the case. (Photo…

Weatherford Unveils Automated MPD Riser System

Mar 01, 2019

Billing it as Industry 4.0, Weatherford launched its automated managed pressure drilling (MPD) riser system in Houston this week. The automated riser system combines with artificial intelligence, condition-based maintenance and additional sensors to speed operations…

Oil Steady, Supported by OPEC Cuts

Mar 01, 2019

Record U.S. output, exports offset some of OPEC's cuts. File Image / CREDIT: AdobeStcok / © Mikesjc Oil prices were broadly steady on Friday as surging U.S. supply and concerns of a global economic slowdown were offset by falling OPEC output…

Vattenfall Bids for 750 MW Dutch Offshore Wind

Mar 01, 2019

European energy company Vattenfall has decided to participate in the 750 MW offshore wind tender for Hollandse Kust Zuid 3 & 4, in the Dutch part of the North Sea. Image: Vattenfall The…

Northern Wins Lundin Drilling Contract

Mar 01, 2019

Offshore driller Northern Drilling, part of John Fredriksen's Seadrill, has won a contract for its harsh environment newbuild semi-submersible rig West Bollsta with Lundin Petroleum in Norway. Image…

LNG-Operated Survey Vessel Atair Floated Out

Mar 01, 2019

German Naval Yards Kiel, has floated out 'Atair', the world's first LNG fueled research vessel, after a building period of 16 months. Image: German Naval Yards Kiel The 75 m vessel is…

Yinson, First E&P in $902 Mln FPSO Deal

Mar 01, 2019

Malaysia’s floating production storage and offloading (FPSO) operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company Ltd (First E&P) have executed a contract for an FPSO to be deployed offshore Nigeria. Image…

MDL Bags West Africa SURF Project

Mar 01, 2019

UK-based Maritime Developments Ltd (MDL), which designs, manufactures, and delivers machines to energy sector, said that it  has secured a flexible installation project offshore Ghana. Image: Maritime…

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