OE Daily: 2019 / September

 

Building Appomattox

few minutes ago

(Photo: Shell) A video from Shell highlights how engineers involved in design and construction of the ultra-deepwater Appomattox development tackled complex challenges to meet the operator's ambitious goals for the project…

Oil Companies Push Carbon-capture Efforts

1 hour ago

A group of 13 major oil companies charted out a plan on Monday to promote investments in carbon capture, use and storage (CCUS), ahead of a gathering in New York. Since 1996, the Equinor-operated Sleipner…

BP Mooring Inspection Campaign Completed in Angola

8 hours ago

Underwater inspection provider Welaptega has used its optical chain measurement system (CMS), complete with new automated edge tracking software, to execute a subsea mooring inspection campaign for BP offshore Angola.   (Photo…

Equinor Announced Waterflood Project in GoM

8 hours ago

Norwegian multinational energy company Equinor has announced the sanction of a waterflood project in the St. Malo field in the US Gulf of Mexico (GoM). Chris Golden, senior vice president for Equinor’s North America offshore portfolio…

SSE Wins 2.2GW of New Offshore Contracts

8 hours ago

British operator and owner of renewable energy assets SSE Renewables announced that it has won UK’s third Contract for Difference (CfD) Allocation Round and is set to be awarded 15-year contracts for low carbon power from offshore wind at record low strike prices…

NKT Wins Dogger Bank offshore Gig

8 hours ago

NKT, which produces cables and supplies the energy sector, has entered a Preferred Supplier Agreement (PSA) as the main contractor for delivery and installation of high-voltage DC on- and offshore export cable systems to the Doggerbank Creyke Beck A and B offshore wind farms…

Australia Reviewing Equinor Environmental Plan

Sep 20, 2019

Australian authorities say they have resumed assessing the environmental plan for Equinor's proposed exploration drilling activity in the Great Australian Bight after the Norwegian energy company provided additional information requested as part of the review…

Equinor, SSE Win Contract for Largest Offshore Wind Project

Sep 20, 2019

Equinor and Britain's SSE have won a tender to build three wind farms off Britain, which the Norwegian firm said together will form the world's largest such development. (Image: Equinor) Like other European oil firms…

Liberator Pilot Well Plugged and Abandoned

Sep 20, 2019

The 13/23c-9 pilot well on i3 Energy's 100% owned Liberator field has been plugged and abandoned as planned following completion of the vertical seismic profile ('VSP') survey and shear wave sonic logging, the independent oil and gas company said in an operations update on Friday…

Petrofac Sells Mexico Assets to Perenco

Sep 20, 2019

Oilfield services company Petrofac Ltd said on Thursday it would sell the remaining 51% interest in its Mexican oilfields for up to $276 million to Anglo-French oil and gas company Perenco. (Photo: Petrofac) Petrofac…

Petronas Q2 Profit Rises 8%

Sep 20, 2019

Malaysia's state-owned energy firm Petroliam Nasional Bhd reported an 8% increase in second-quarter profit on Friday because of a weaker Malaysian ringgit, though that was partially offset by higher product costs. ©…

Allseas Scores Gyda Platform Removal Job

Sep 20, 2019

Allseas announced on Friday it has been awarded an EPRD contract from Repsol Norge to remove, transfer, load-in to shore and dispose of the Gyda platform in the Norwegian North Sea. Impression of how…

Monitoring, and Addressing, Crude Quality in Real-time

Sep 20, 2019

Through artificial intelligence and machine learning, oil companies can monitor production stream quality in real time to optimize the value per barrel. Validere’s software helps oil and gas companies optimize their quality…

Dominion to Build Largest US Offshore Wind Farm

Sep 20, 2019

The American power and energy company headquartered in Richmond, Dominion Energy wants to build what it says would be the largest offshore wind project in the United States off the Virginia coast. Image…

Maersk Drilling Rig Extended by Equinor

Sep 20, 2019

Maersk Drilling announced that Equinor has exercised two options of two months each for the Maersk Intrepid jack-up rig to continue working at the Martin Linge field offshore Norway. Image: Maersk Drilling In addition…

IUMI Reports Cut in Offshore Insurance Premiums

Sep 20, 2019

International Union of Marine Insurance (IUMI) Offshore Energy Committee reported a further reduction in global offshore energy premiums. James McDonald. Photo: IUMI Global premiums in this sector were reported to be USD 3…

UK Launches Offshore Wind Leasing Round

Sep 20, 2019

The Crown Estate has launched its Round 4 offshore wind leasing competition for the rights to develop at least 7GW of new capacity off England and Wales. Image: The Crown Estate The…

Homeland Orders Security/Crew Vessels

Sep 19, 2019

Nigeria-based Homeland Integrated Offshore Services LTD (Homeland IOS) said it has placed an order with the Singaporean Penguin Shipyard for several Flex Fighter security/crew vessels for delivery in December 2019. (Photo…

Aurelius Backs Ardent Buyout

Sep 19, 2019

Alternative direct lender AURELIUS Finance Company has provided financing to support the buy-out of emergency management and offshore decommissioning company Ardent from co-owners Svitzer, a global towage operator, and Crowley Holdings, a holding…

TGS Starts Senegal Offshore Survey

Sep 19, 2019

TGS said it has fired first shot to commence a new survey in the MSGBC Basin, offshore northwest Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4,500 square kilometers, with a modern broadband acquisition set-up. It is being undertaken…

Ørsted to Deploy GE's 12MW Offshore Turbine

Sep 19, 2019

Denmark-based offshore wind developer Ørsted said it has selected GE Renewable Energy as the preferred turbine supplier for two of its US offshore wind farms which marks the world’s first commercial deployment of GE’s Haliade-X 12-megawatt (MW) offshore wind turbine…

Chevron to Boost St. Malo Production

Sep 19, 2019

Chevron has sanctioned a project to increase recovery in the St. Malo field, as the US based supermajor looks to maximize existing resources in the Gulf of Mexico. (Photo: Chevron) The…

Bibby Taps Real-time Wave Data

Sep 19, 2019

For Bibby Marine Services, MIROS WaveFinder software supports operations in real time and provides accurate, reliable wave data vital to vessel operational limits. Bibby WaveMaster 1 (Photo: MIROS) Bibby…

Europa Lands High Impact Venture Offshore Morocco

Sep 19, 2019

The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country’s drive to launch viable upstream projects that would…

Talos Making Moves in the Gulf of Mexico

Sep 19, 2019

Talos Energy announced it has entered into two separate agreements with BP and ExxonMobil related to new exploration opportunities in the U.S. Gulf of Mexico. The company said it will work with BP to drill and evaluate the Puma West prospect…

Mitsui Looks to Sell BassGas Stake

Sep 19, 2019

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…

First Subsea to Cover Formosa 1

Sep 19, 2019

UK-based offshore technology services provider First Subsea has delivered beach landing cable protection for three export cables on the 120MW Formosa 1 Phase 2 offshore wind farm in Taiwan. First Subsea delivers Cable Protection System for Taiwan project…

Equinor Picks Stowen for Sheringham Shoal

Sep 18, 2019

Great Yarmouth-based Stowen Clean Energy has secured a maintenance contract with Equinor for its Sheringham Shoal Offshore Wind Farm off the North Norfolk coast in the UK. Sheringham Shoal Wind Farm…

Ørsted Picks Hellenic Cables for UK Projects

Sep 18, 2019

Hellenic Cables, the provider of turnkey cable solutions for the offshore wind industry, has been awarded a contract to supply 23km of subsea cable to Ørsted, the global leader in offshore wind. Image: Cenergy Holdings The cable company…

Solstad Offshore Sells AHTS Vessel

Sep 18, 2019

Norwegian offshore vessel owner Solstad Offshore said that its wholly owned subsidiary Farstad Marine has sold one of its anchor handling tug supply (AHTS) vessels. Far Saltire. Image: Solstad Offshore…

Van Oord Wins Cable Install Work

Sep 18, 2019

Van Oord said it has been awarded the contract by Ørsted for the cable installation works at the Greater Changhua 1 & 2a offshore wind farms located between 35 and 60 kilometers off the west coast of Changhua County, Taiwan. (Photo…

An Integrated Offering

Sep 18, 2019

EcoStruxure is Schneider Electric’s IoT-enabled, plug-and-play, open, interoperable architecture and platform. Tony Brayford explains.

ExxonMobil Looks to Sell Australian Assets

Sep 18, 2019

Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets. (Photo…

Wood Lands Martin Linge Deal

Sep 18, 2019

Wood said it will deliver brownfield modifications services to Equinor’s Martin Linge offshore installation on the Norwegian Continental Shelf (NCS). Martin Linge (Photo: Jan Arne Wold / Woldcam / Equinor) Awarded…

Engineered Polymer Solutions for Offshore

Sep 18, 2019

Junaid Makda discusses Nylacast's materials technology and engineering services for offshore energy markets.

Another Piece of the Puzzle

Sep 18, 2019

One of the missing links for some fully subsea production systems has been subsea storage, either for production fluids, later periodic offtake or production chemicals. (Image: NOV) NOV…

TGS, Quantico Join for AI Seismic Inversion

Sep 17, 2019

TGS and Quantico Energy Solutions announced a technology collaboration to leverage their respective offerings in seismic data, AI-based well logs, and artificial intelligence (AI)-based seismic inversion. Image…

Repsol Cancels Dril-Quip Contract

Sep 17, 2019

Spanish oil company Repsol has terminated a contract with U.S. firm Dril-Quip for the delivery of offshore equipment for a project in Vietnam. Image: Dril-Quip, Inc Houston-based Dril…

SeaBird Bags OBN Project in AsiaPac

Sep 17, 2019

SeaBird Exploration, a global provider of 2D, source and shallow water 2D/3D seismic services, has received a letter of award to provide a source vessel for an upcoming ocean bottom node (OBN)  project in the Asia Pacific region. Image…

Shearwater Wins 1st Project in S. America

Sep 17, 2019

Norway-based provider of marine geophysical services, Shearwater GeoServices has been awarded a 3D Isometrix seismic survey by Colombia’s Ecopetrol. Image: Shearwater GeoServices Holding AS It…

Rosatom's Floating Nuclear Plant Arrives

Sep 17, 2019

Russia’s first-floating nuclear power plant has arrived at its permanent base near an isolated Russian town across the Bering Strait from Alaska, Russian state nuclear energy company Rosatom said. Image: Rosatom Developed by Rosatom…

Cooper Awarded Otway Basin Exploration Permit

Sep 17, 2019

Cooper Energy said it has been awarded the offshore exploration permit VIC/P76 located in the Otway Basin, offshore Victoria. (Image: Cooper Energy) VIC/P76 comprises an area of 162 square…

PGS Selects Google Cloud

Sep 17, 2019

Marine seismic surveyor PGS announced it has selected Google as its preferred cloud provider. (Photo: PGS) By harnessing Google’s cloud-based technologies and incorporating artificial…

Deep Down Taps Simmons as COO

Sep 17, 2019

Offshore equipment and services company Deep Down said it has appointed Micah Simmons as Chief Operating Officer, a new role at the company. Simmons' appointment is part of a broader management realignment effort initiated last month, which…

Campeche Survey Underway

Sep 17, 2019

A new 5,080-square-kilometer wide-azimuth (WAZ) multiclient survey has commenced in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery…

P-68 FPSO Ready for Deployment

Sep 17, 2019

The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left the shipyard and will be deployed to the ultra-deepwater Berbigão and Sururu fields in Brazil’s Santos Basin, builder Sembcorp Marine announced. P…

Baltim South West Gas Field Starts Production

Sep 17, 2019

Egypt's Baltim South West offshore gas field backed by BP and Eni has started production of 100 million cubic feet of gas a day, the oil ministry said on Tuesday. © railwayfx / Adobe Stock Output…

Saudi Aramco Pursues IPO Planning Despite Attack

Sep 17, 2019

Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilities Saudi…

Schlumberger, Chevron and Microsoft Partner

Sep 17, 2019

Oilfield services company Schlumberger said it has formed a partnership with supermajor Chevron and technology giant Microsoft to accelerate creation of innovative petrotechnical and digital technologies. The firms say they will work together…

Equinor Finds Gas in the Norwegian Sea

Sep 17, 2019

Norway's Equinor has discovered a gas field in its Eagle prospect in the Norwegian Sea, the energy company said on Tuesday, adding that it plans to extract resources via existing platforms in the area (Image…

FPSO & IPO: Growth of an Operator

Sep 17, 2019

As war gives oil a jolt, BW Offshore — which earned revenues of $870 million in 2018 — is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half…

Utgard Comes on Stream

Sep 17, 2019

Norwegian energy company Equinor said it has started production from the Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea.  (Photo: Equinor) Recoverable…

Big Data, Security & Remote Ops

Sep 17, 2019

Offshore oil and gas is among the many industries in the midst of a vast technological shift being driven by rapid advances in new digital technologies and methodologies. Big data, artificial intelligence (AI), digitalization . . . The list goes on and on…

Transborders Joins Forces with Osaka Gas

Sep 17, 2019

Perth-based Transborders Energy has signed a memorandum of understanding (MoU) for collaboration with Japan's Osaka Gas. Image: Transborders The  MOU will facilitate information and…

BP Awards Caspian ACG Contracts

Sep 17, 2019

The upstream consortium, led by UK enerrgy giant major BP, announced that the Azeri-Central-East (ACE) project is moving forward at pace with the awards of key contracts. Image: Energetika Nazirliyi…

Senvion to Sell Assets to Siemens Gamesa

Sep 17, 2019

Insolvent German wind turbine manufacturer Senvion is in exclusive talks with Siemens Gamesa (SGRE) over the sale of a substantial part of its business. Image: Senvion The Germany firm…

ABS, Keppel to Build Smart Rigs

Sep 17, 2019

In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations. Image…

SGRE Confirms Taiwan Offshore Wind Factory

Sep 17, 2019

Siemens Gamesa Renewable Energy (SGRE) has held a groundbreaking ceremony for a nacelle assembly facility in the Port of Taichung in Taiwan that will be its first offshore  assembly facility outside Europe. Image…

Ashtead Supports Subsea Template Installs

Sep 16, 2019

Subsea equipment solutions specialist Ashtead Technology said it has completed a subsea installation monitoring project for Ocean Installer AS in Equinor’s Askeladd and Johan Castberg fields in the Northern Norwegian Sea. Ashtead…

Norway Mulls Blocking Prosafe's Floatel Acquisition

Sep 16, 2019

The Norwegian Competition Authority is considering blocking Prosafe's acquisition of its competitor Floatel International Ltd on the grounds that the combined firm would dominate its market, it said on Monday. (Photo…

Pioneering OBN Imaging

Sep 16, 2019

Getting closer to deepwater reservoirs with pioneering OBN imagingBenefits of latest OBN imaging technology open door to new era of subsalt imaging Time-lag FWI using OBN data in the Gulf of Mexico with…

Connector Subsea Solutions Acquires MORGRIP

Sep 16, 2019

Connector Subsea Solutions (CSS), headquartered in Bergen, Norway, said it has signed an agreement to acquire Hydratight’s MORGRIP Connector business in Walsall, UK. (Photo: CSS) The…

CannSeal Debuts Mobile Mixer Technology

Sep 16, 2019

New mobile mixer technology from annular isolation technology specialist CannSeal facilitates the company’s proprietary epoxy resin to be mixed on-site, opening up new markets independent of location as it removes constrictions associated with storage and curing times…

Oil Soars 10%

Sep 16, 2019

Oil futures jumped 10% on Monday after an attack on Saudi Arabian crude oil processing facilities over the weekend sliced the kingdom's production in half and threatened to hamper shipments from the world's largest crude exporter. ©…

Tullow to Drill at Least 3 New Guyana Wells in 2020

Sep 16, 2019

Tullow Oil plans to drill three or more oil exploration wells in Guyana next year, Chief Executive Officer Paul McDade said on Monday after the firm's second oil discovery in the country. (Photo: Tullow…

ExxonMobil Reports Discovery Offshore Guyana

Sep 16, 2019

ExxonMobil has made an oil discovery in the the closely watched Stabroek block offshore Guyana, the supermajor announced on Monday. Noble Tom Madden (File photo: Noble Drilling) The discovery…

Kvaerner Eyes FPSO, Renewables Growth

Sep 16, 2019

Norwegian engineering and construction services company Kvaerner said it will ramp up its focus on floating production and renewables projects in an effort to achieve 40% growth within two years. (Photo: Kvaerner) Going forward…

Avoiding Subsea Controls Obsolescence

Sep 16, 2019

UK-based Proserv aims to help operators avoid subsea obsolescence. Richard Moralee explains.

Sercel Launches New Ocean Bottom Node

Sep 16, 2019

CGG's equipment business Sercel has launched GPR, a new ocean bottom node (OBN) jointly developed in partnership with BGP and designed to leverage Sercel’s QuietSeis broadband digital sensor technology for reservoir characterization and field development efforts…

Tullow Makes Second Discovery Offshore Guyana

Sep 16, 2019

Tullow Oil announced it has made a second oil discovery on the Orinduik block, opening a new Upper Tertiary oil play in the Guyana offshore basin. The Joe-1 exploration well was drilled by the Stena…

What Became of the Toisa OSV Fleet?

Sep 16, 2019

Last month we discussed the Toisa OCV fleet, and this week we shall focus on the offshore supply vessels (OSV). Within the Toisa fleet, OSVs made up circa 73% of the overall fleet size and generated more than $40 million during a two-year sell off…

Petrobras Extends Solstad Vessels Contract

Sep 16, 2019

Norwegian offshore vessel owning giant Solstad Offshore ASA has  bagged contract extensions for two of its anchor handling support vessels for Petrobras in Brazil. Image: Solstad Offshore ASA 'Petrobras…

Schlumberger, WesternGeco to Provide E&P Data

Sep 16, 2019

WesternGeco, the seismic and geophysical data solutions division of Schlumberger, has entered a strategic collaboration with IHS Markit, a global provider of information, analytics, and solutions. The…

ASCO Vessel Om Back in Operation

Sep 13, 2019

Azerbaijani shipping company ASCO said that overhaul of the towing and supplying vessel Om, owned by its offshore fleet, has been completed. Pic: Azerbaijan Caspian Shipping Repair work was carried out at the Bibi-Heybat Shipyard…

VAALCO Spuds Etame Appraisal

Sep 13, 2019

VAALCO Energy said it has spud the Etame 9P appraisal wellbore at the Etame field to kick off its 2019/2020 drilling campaign offshore Gabon. Topaz Driller (Photo: Vantage Drilling International) Drilling…

Woodside Backs Seismic Data Acquisition Company

Sep 13, 2019

Australian oil and gas producer Woodside said it has signed a Shareholders Agreement with Perth-based Blue Ocean Monitoring (BOM) to invest in seismic data acquisition company Blue Ocean Seismic Services (BOSS). (Image…

ClampOn: Ultrasonic Intelligent Sensors

Sep 13, 2019

ClampOn provides non-invasive ultrasonic sensors for sand and particle monitoring, pig detection, corrosion-erosion monitoring, leak monitoring and vibration monitoring.

Remote Technologies Augment Capabilities

Sep 13, 2019

As connectivity at offshore oil and gas facilities improves, one of the major hurdles for augmented reality technology is evaporating. (Photo: Librestream) Connectivity has, for years…

VOS Stone Supports SGRE at Hohe See

Sep 13, 2019

Vroon walk-to-work (W2W) vessel VOS Stone is providing support to Siemens Gamesa Renewable Energy (SGRE) at the 497MW Hohe See offshore wind farm in the German North Sea. Image: Vroon Located approximately 98km from the German coast…

SeaTec Forays into Offshore Installation

Sep 13, 2019

UK-based SeaTec, a daughter company of V.Group, has completed air diving works as part of a major offshore project on the Bokor oilfield close to the Malaysian coast. Image: V.Group The…

SGRE Builds World's Largest Wind Turbine Blade

Sep 13, 2019

Spanish wind power solutions provider Siemens Gamesa Renewable Energy (SGRE)  is building what it claims is the world's largest blade testing rig at its facilities in northern Denmark. Image: Siemens…

Ireland Calls for More Offshore Wind

Sep 13, 2019

Irish Wind Energy Association (IWEA) chief executive Dr David Connolly has called for greater urgency from the government in the country and across the political system to support the development of offshore wind energy. David Connolly…

Ukraine Strips US Firm of Black Sea Exploration Rights

Sep 12, 2019

Ukraine's new government on Thursday stripped U.S.-based Trident Acquisitions of the right to explore and develop oil and gas reserves in the Black Sea shelf, prompting the company to say Ukraine had lost out on $1 billion in new investment…

Pharis Mulls Steam Flooding at Pilot Field

Sep 12, 2019

Engineering consultancy Crondall Energy said it has been awarded a contract by Pharis Energy to deliver a concept select study for the operator’s heavy oil Pilot field development in the Central North Sea. ©…

Tidewater Converting OSV to Hybrid Power

Sep 12, 2019

KONGSBERG has been contracted to deliver hybrid power solution for the Tidewater Marine offshore supply vessel (OSV), Bailey Tide. Bailey Tide (Photo: KONGSBERG) As a single supplier under the terms of the contract…

Norway Approves Tordis Extension

Sep 12, 2019

Norwegian authorities have given consent to operator Equinor to extend production from the Tordis field in the North Sea. (Photo: Marit Hommedal / Equinor) Equinor, which had applied…

New Age Sells Stake in Marine XII

Sep 12, 2019

Privately held oil and gas exploration and production company New Age (African Global Energy) Limited has announced the completion of the US$800 million sale of its 25% non-operated interest in the offshore Marine XII permit in Congo (Brazzaville) to LUKOIL Upstream Congo SAU…

Neptune to be Ready for IPO by April 2020

Sep 12, 2019

Private-equity backed oil and gas firm Neptune Energy plans to be ready for an initial public offering by April next year, Chief Financial Officer Armand Lumens said on Thursday. (Image: Neptune Energy) Neptune…

ION Wins 2D Multi-Client Gig Offshore West Africa

Sep 12, 2019

ION Geophysical Corporation, a technology focused company that provides geophysical technology, services and solutions to the global oil and gas industry, announced a new 2D multi-client program offshore West Africa. Image…

Icon Offshore Wins Petronas Contract

Sep 12, 2019

Icon Offshore Group Sdn Bhd (IOGSB), a wholly-owned subsidiary of Icon Offshore Bhd, has bagged a contract from Petronas Carigali Sdn Bhd to supply an offshore support vessel (OSV). Image: ICON Offshore Berhad In a stock exchange filing…

Jan De Nul Enters French Offshore Wind Market

Sep 12, 2019

Luxembourg-headquartered maritime contractor Jan De Nul Group has signed its first offshore wind construction contract in France. Image: Jan De Nul Sodraco International SAS, a French subsidiary of Jan De Nul Group…

Kim Heng Offshore Wins New HDD Contract

Sep 12, 2019

Singapore-based offshore services provider Kim Heng Offshore & Marine (KHOM) has ventured into renewable energy services by securing a new horizontal directional drilling (HDD) contract. Image: Kim Heng…

OFS Sector Expected to Take a Hit

Sep 12, 2019

Lower oil prices will push the global oilfield services (OFS) sector into a recession in 2020 after three successive years of growth, according to Rystad Energy. Graph: Rystad Energy In a new sector outlook update…

Three Bills Threaten US Offshore Drilling

Sep 11, 2019

The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off Florida, the first of three measures it is considering, which would also ban drilling off the Pacific coast and in Alaska's Arctic National Wildlife Reserve…

Weatherford Inks $87 Mln Deal with Petrobras

Sep 11, 2019

Oilfield services company Weatherford announced it has secured an $87 million contract for fishing and intervention services with Brazilian-based multinational corporation Petróleo Brasileiro S.A., more commonly known as Petrobras. ©…

GE to Shed Majority Control of Baker Hughes

Sep 11, 2019

General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate's stake in the oilfield services provider to less than 50%, Baker Hughes said on Tuesday…

Aker Solutions Unveils Intelligent Subsea

Sep 11, 2019

Aker Solutions' new integrated approach to subsea field design aims to accelerate field development and maximize performance through the life of the field. Jonathan Minnitt, the company's Senior Manager…

Mexico Gives Pemex $5 Bln to Pay Debt

Sep 11, 2019

Mexico's government will give state-owned Pemex $5 billion so the world's most indebted oil company can pay off bonds, part of a plan to shore up accounts that also includes refinancing other bonds, the company said on Wednesday. (File…

Repsol Sees Yme Start-up in H1 2020

Sep 11, 2019

Spain's Repsol believes it can start producing oil at the Norwegian Yme oilfield in the first half of next year, a partner in the field said on Wednesday. (Photo: Repsol) 'Repsol, the operator of the field…

SeaBird Tallies Australasia Survey

Sep 11, 2019

Marine seismic surveyor SeaBird Exploration said it has been awarded a contact to acquire 2D seismic data in the Australasia region. The survey is due to commence during the fourth quarter of 2019 and is estimated to run for approximately three to four months plus mobilization…

Aasta Hansteen Output Can Exceed Max Capacity

Sep 11, 2019

Norway's Aasta Hansteen field, which exports gas to Britain and other European countries, has on several occasions produced more than its maximum level, pipeline operator Gassco and operator Equinor told Reuters. Aasta…

Gulf Marine Services Delays Results

Sep 11, 2019

Shares in Gulf Marine Services were expected to fall about 10% in early trading on Wednesday after the oilfield industry contractor said the publication of its first-half results would be delayed. (Photo: Gulf Marine Services) Gulf Marine…

Gazprom Neft Resumes Output at Arctic Offshore Field

Sep 11, 2019

Gazprom Neft, the oil arm of Russian gas giant Gazprom, said on Wednesday it had resumed oil production at the Prirazlomnoye offshore Arctic field on September 7 after planned maintenance. (Photo: Gazprom…

Olis Robotics Partners with Forum Energy Technologies

Sep 11, 2019

Under a new agreement, subsea products and services firm Forum Energy Technologies will provide global sales, distribution and support of Olis Robotics' remotely operated underwater vehicle (ROV) controllers for the offshore energy market, the mobile and remote robotics software company said…

Pronomar Equips Louis Dreyfus SOVs

Sep 11, 2019

Turkey’s Cemre Shipyard has contracted Dutch equipment supply company Pronomar to equip two service operation vessels (SOVs) ordered by Louis Dreyfus Armateurs for Ørsted with drying systems for the workwear of the technicians. Image…

Taiwan OWP Produces First Power

Sep 11, 2019

Danish power company Ørsted has announced the production of first power on the second phase of Formosa 1 offshore windfarm in Taiwan. Image: Ørsted The first commercial-scale offshore wind farm in Taiwan began flowing power…

VOS Sugar, Bluestream in North Sea Inspection

Sep 11, 2019

Vroon Offshore Services (VOS) said that its subsea-support vessel VOS Sugar has again been operating in close cooperation with its partner Bluestream, working together for the third year in succession on a Southern North Sea Inspection campaign…

DEME Starts Installation at Belgium’s Largest OWF

Sep 11, 2019

Belgium-based Dredging, Environmental and Marine Engineering NV (DEME) said that its installation vessel ‘Innovation’ will set sail to the Belgian North Sea with the first load of 58 turbine foundations and transition pieces for installation at the SeaMade offshore wind farm…

Equinor Drills Dry Well in Mikkel Field

Sep 11, 2019

Norwegian oil and gas firm Equinor Energy AS, operator of production licences 796 and 796 B, has has drilled a duster 8 kms northeast of the Mikkel field in the Norwegian Sea and 183 kms north of Kristiansund. Image…

Digital Twin: Taking Shape of the Offshore Ecosystem

Sep 10, 2019

The offshore industry is going through an unprecedented digital disruption that transcends asset classes and is creating a roadmap to safer and more cost-effective operations. (Image: ABS) The…

API Issues New Integrity Management Rules

Sep 10, 2019

The American Petroleum Institute (API) published three new integrity management (IM) standards for operating offshore floating production platforms, including facilities designed to produce natural gas and oil, and export liquefied natural gas (LNG)…

BP Using Drones to Track Methane Emissions

Sep 10, 2019

One of the world's largest oil and gas companies is using advanced technology originally designed for use on Mars to remotely monitor methane emissions from its offshore assets in the North Sea. (Photo…

Sif Opens Japanese Sales Office

Sep 10, 2019

Steel tubular manufacturer Sif said it has opened a Tokyo sales office in a move to capitalize on developing offshore wind projects in the region. (Photo: Sif) The company said in a statement…

DOF Subsea Upgrades ROV Fleet

Sep 10, 2019

Subsea services provider DOF Subsea has equipped a further three of its Brazilian offshore vessel fleet with hybrid acoustic and inertial navigation technology from Sonardyne Brasil Ltda. (Photo: Sonardyne) Sonardyne’s…

Brazil Sells Rights in Minor Oil Areas

Sep 10, 2019

Brazil auctioned off the exploration rights to 33 minor onshore and offshore oil and gas blocks on Tuesday, in what authorities framed as a bid to boost the industry outside of the nation's core, offshore pre-salt play. ©…

BSEE Accepts PTS Temporary Processing System

Sep 10, 2019

Well testing and water treatment company Production Technology and Services, Inc. (PTS) said US offshore safety regulator Bureau of Safety and Environmental Enforcement (BSEE) has issued a letter to HWCG deeming the PTS-supplied temporary processing…

Russia: Arctic Offshore Oil Feasible at $130/bbl

Sep 10, 2019

The head of Russia's Rosnedra subsoil agency said on Tuesday that the development of the Pobeda (Victory) offshore Arctic oilfield in the Kara Sea is feasible only at oil prices of $130 to $140 per barrel, Interfax news agency reported. ©…

Worker Injured on Transocean Barents

Sep 10, 2019

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has initiated a formal investigation into an incident reported by Suncor Energy on September 6, 2019.Earlier that same day, a Transocean employee on the Mobile Offshore…

RigNet Wins FPSO Analytics Job

Sep 10, 2019

Networking solutions provider RigNet said it has secures a multi-year agreement with Galoc Production Company (GPC) to deploy its machine learning-based analytics platform on board the floating production storage and offloading (FPSO) vessel Rubicon Intrepid…

Subsea 7 CEO Will Retire at Year End

Sep 10, 2019

Offshore services company Subsea 7 announced that Jean Cahuzac will retire from his position as CEO at the end of this year, and will be succeeded from January 1, 2020 by John Evans, who is currently COO. Jean…

Shearwater to Perform Barents Survey

Sep 10, 2019

Shearwater GeoServices announced on Tuesday it has been awarded a master services agreement by Lundin Norway, and new Isometrix seismic acquisition projects for Lundin and Spirit Energy Norway in the Barents Sea, off the coast of Norway. (Photo…

Woodside Looks to Sell Gas Assets

Sep 10, 2019

Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…

Siemens Plans to List Energy Unit in 2020

Sep 10, 2019

Siemens plans to list its energy unit by around September next year, the head of its gas and power division said on Tuesday. (Photo: Siemens) The German conglomerate said in May that it was spinning off its gas and power business…

Xodus Hires Rivers

Sep 10, 2019

Energy consultancy Xodus Group said it has appointed Stephen Rivers as Subsea & Pipelines Manager for Asia-Pacific as the company targets strategic growth and new projects in the region. He will be based in in Perth, Australia. Stephen…

Aquaterra Energy Hires Gill

Sep 10, 2019

Offshore engineering solutions company Aquaterra Energy said it has appointed Rob Gill to fuel the continued success of its modular Sea Swift platform. Rob Gill (Photo: Aquaterra Energy) Gill…

Supply-side Paradox in a Supermajor Exit

Sep 10, 2019

The reaction of the gut is unease to news reports ExxonMobil might be selling $4 billion in offshore assets to Norway’s Vår Energi (the former Eni Norge) and pulling out of the North Sea. Shifting fortunes…

Vallourec Tallies $900 Mln ADNOC Contract

Sep 10, 2019

France-based Vallourec said it has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) for the supply of tubing and casing, over a five year period, with a possible two-year extension, for an amount of $900 million. (Photo…

i3 Announces Preliminary Results of Liberator Pilot

Sep 10, 2019

Liberator Well 13/23c-9 (LPt-02) Preliminary Result UK independent i3 Energy announced that the 13/23c-9 pilot well drilled by the Borgland Dolphin on i3 Energy's 100% owned Liberator Field has reached total depth at 5,818 ft True Vertical Depth Sub-sea (TVDSS) in the Valhall formation…

Subsea 7 Wins Saudi Aramco Contract

Sep 10, 2019

Subsea 7 announced on Tuesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco for a second package for the Marjan increment projects offshore Saudi Arabia.   (Photo…

NPD Completes Seabed Minerals Expedition

Sep 10, 2019

The Norwegian Petroleum Directorate (NPD) announced that it has just completed a successful data acquisition expedition on the Mohns Ridge in the north-western Norwegian Sea, using the Seabed Constructor vessel. Participants on the expedition…

2nd Stage Of Pipe Laying in Absheron Field Over

Sep 10, 2019

Azerbaijan Caspian Shipping CSJC (ASCO) announced that its vessels - Suleiman Vazirov and Yarenga - have completed the second stage of pipe laying work in the Absheron gas and condensate field located in the Azerbaijan sector of the Caspian Sea…

Welcome to the App Store

Sep 09, 2019

Imagine a kind of app store for subsea xmas trees; a plug-in platform into which a myriad of functionality can be added and changed to suit. It’s a concept being pitched by UK subsea technology firm Enpro, except it’s calling it a “process USB” port…

Subsea 7 Wins Contacts from Saudi Aramco

Sep 09, 2019

Subsea 7 said it has been awarded three contracts from Saudi Aramco under a long term agreement for execution offshore Saudi Arabia. (Photo: Subsea 7) The engineering, procurement, construction…

Hurricane Produces Oil at Lincoln Crestal

Sep 09, 2019

UK independent Hurricane Energy announced it has struck oil in its Lincoln Crestal well West of Shetland. © chanjaok1/ Adobe Stock Responding to speculation around flaring from the Transocean Leader drilling rig…

Kraken Launches OceanVision Project

Sep 09, 2019

Starting in late September, Kraken Robotic Systems will deploy its sensors and unmanned underwater platforms to conduct ultra-high definition seabed imaging and mapping on the Grand Banks of Newfoundland and other areas of Atlantic Canada, as…

Exxon Discussing Norway Asses Sale with Var Energi

Sep 09, 2019

Oil major ExxonMobil said on Friday it had signed an exclusivity agreement with Var Energi for negotiations regarding a possible sale of Exxon's Norwegian upstream assets. (Photo: Harald Pettersen /…

DeepOcean Splits Up UK Subsidiary

Sep 09, 2019

DeepOcean Group said it will split its DeepOcean UK subsidiary into two entities, creating DeepOcean Subsea Cables and a new division with a standalone brand for its seabed intervention and trenching business. (Photo…

Sleipnir Installs Leviathan Topsides

Sep 09, 2019

The topsides for Noble Energy’s Leviathan development in the Mediterranean were installed this weekend by the world's largest crane vessel, offshore contractor Heerema Marine Contractors announced. (Photo…

Kongsberg Expands Canadian Operations

Sep 09, 2019

Kongsberg Maritime has expanded its Canadian operation by establishing a presence at COVE, the Center for Ocean Ventures & Entrepreneurship, in Dartmouth, Nova Scotia, the company announced on Monday. Photo…

Johan Sverdrup: 660,000 bpd Output by 2022

Sep 09, 2019

Output from the Equinor-operated Johan Sverdrup oil field in the North Sea will rise to 660,000 barrels per day (bpd) by 2022, from 440,000 bpd by early 2020, a company executive said on Monday. (Image…

Mexico, Pemex to Hedge Oil Output

Sep 09, 2019

The Mexican government has said in its 2020 budget proposal that it will maintain a strategy of hedging its oil output against lower prices. Mexico and Pemex are hedging their oil output to protect oil income against projected low prices in 2020…

Ørsted Sees Huge Offshore Wind Potential in S Korea

Sep 09, 2019

Ørsted A/S, the world’s largest offshore wind power producer, said it sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies. Image…

Velesto Bags Contracts from Petronas Carigali

Sep 09, 2019

Malaysia-based Velesto Drilling, indirect wholly- owned unit of Velesto Energy Bhd’s (VEB), has received a letter of award from Petronas Carigali Sdn Bhd (PCSB) for the provision of jack-up drilling rig Naga 7. Image…

NYSE Begins to Delist Seadrill Partners

Sep 09, 2019

The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill's common units on the exchange has been suspended and the procedure to delist the units has been initiated…

TenneT, EnBW, Ørsted Pact on Transmission Concept

Sep 09, 2019

The European transmission system operator TenneT, German utilities company EnBW and offshore wind specialist Ørsted have formed an alliance with the aim of implementing new connection concept for offshore wind farms and converter platforms in the German North Sea…

Bumi Armada Sells FPSO for $40 Mln

Sep 09, 2019

Malaysian oilfield services company Bumi Armada Bhd has found a buyer for its floating production storage and offloading (FPSO) vessel Armada Perdana in Nigerian company Century Energy Services (CESL) for RM167.17 million ($40 million).Kuala…

Dolphin Drilling Sets Up HQ in Aberdeen

Sep 08, 2019

Dolphin Drilling will establish its international headquarters in Aberdeen, showing its commitment to the North Sea at a time of increasing optimism for the drilling industry, the offshore drilling contractor announced on Friday. Dolphin…

Baker Hughes: U.S. Oil Drillers Cut Rigs Again

Sep 06, 2019

U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row after drilling slowed for nine straight months as independent producers cut spending by about 10% this year. file…

Industry Showcases Positive Changes at OE 2019

Sep 06, 2019

Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore Europe 2019 said they will invest to secure a more sustainable energy mix. Photo…

New Gas Deal for Sarawak Offshore Fields

Sep 06, 2019

SapuraOMV Upstream announced that its wholly-owned subsidiary, SapuraOMV Upstream (Sarawak) Inc. and its partners, PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad have signed the full-term Upstream Gas Sales Agreement (UGSA) with Petroliam Nasional Berhad (PETRONAS) for the Gorek…

Egyptian Red Sea Survey Planned

Sep 06, 2019

Schlumberger and TGS today announced a new 3D seismic reimaging project in the Egyptian Red Sea comprising reimaging data from three overlapping seismic surveys totaling 3,600 square kilometers that were acquired between 1999 and 2008—the only available 3D data in this part of the Red Sea…

SBM Inks Long-term FPSO Deal with Exxon

Sep 06, 2019

SBM Offshore and ExxonMobil signed a long-term agreement covering potential future floating production, storage and offloading unit (FPSO) orders. This agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering…

CGG to Map Off Eastern Canada for BHP

Sep 06, 2019

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a large-scale seismic imaging project in the offshore Orphan Basin in Eastern Canada by BHP, CGG announced on Thursday. © Nikita…

Cooper Finds Gas in Annie-1

Sep 06, 2019

Cooper Energy announced on Friday that it has found new gas in the Annie-1 exploration well in the Otway Basin offshore Victoria, marking the first new offshore discovery in the basin in 11 years. (Photo: Cooper Energy) Annie-1…

NSWPH Program Hires Intertek

Sep 06, 2019

UK consultancy Intertek has been chosen to undertake a UK permitting and planning study by the North Sea Wind Power Hub (NSWPH) consortium. Image: TenneT Consortium partners behind the NSWPH programme…

DEA Plans Thor Tender Meet-Up

Sep 06, 2019

The Danish Energy Agency (DEA) and transmission system operator Energinet have scheduled for 25th of November 2019 market dialogue for potential bidders and investors for the upcoming Thor offshore wind farm tender. Image…

Dutch Offshore Wind Grid Borssele Alpha Ready

Sep 06, 2019

The Dutch government announced that construction has been completed of the first large offshore “socket”, or substation, that will connect 700 MW of energy from wind turbines in the North Sea to the mainland. Image: TenneT Borssele Alpha…

Danos: Technology Will Reinvigorate Business

Sep 05, 2019

The leadership at Danos believes technology will transform the oil industry. To thrive in the midst of that change, Louisiana-based Danos is actively focused on how to use technology to help customers work more efficiently and cost-effectively…

NGO Pushes for Green Recycling in North Sea

Sep 05, 2019

With the oil and gas sector seeing a downturn since 2014, the Platform has documented an increasing number of offshore units sold for scrap. Pic: NGO Shipbreaking Platform While the…

Dongfang Topside Floated Out in China

Sep 05, 2019

Heavy lift and transport company ALE said it performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the Dongfang gas fields in the South China Sea to support natural gas development in the region…

TGS Acquires Production Data Firm

Sep 05, 2019

TGS said it has purchased all outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data.Lasser owns, maintains and licenses a nationwide U.S…

Norway's CCS Project Gets Industry Boost

Sep 05, 2019

Norway's Equinor and its partners in the Northern Lights underground carbon dioxide (CO2) storage project offshore Norway have signed preliminary agreements with seven potential industrial customers for the venture. Equinor…

LEKOIL Makes Progress Offshore Nigeria

Sep 05, 2019

Africa-focused oil and gas exploration, development and production company LEKOIL announced progress in one of its Nigerian projects months after a temporary setback in its asset acquisition spree in the West African country. Map showing OPL310 in Nigeria…

Valeport Sensor Technology for Freedom ROV/AUV

Sep 05, 2019

Valeport sensor technology has been selected by Oceaneering International for integration into its subsea Freedom vehicles.   Photo: Valeport Oceaneering’s next generation hybrid ROV…

iXblue and 2G Robotics Ink MoU

Sep 05, 2019

Technology companies iXblue and 2G Robotics have signed a Memorandum of Understanding (MoU) to offer a new survey skid for inspection class remotely operated underwater vehicles (ROV). This all-in-one integrated skid will deliver high accuracy inspection capabilities on small ROVs…

Serica Rolls Out Digital Safety Platform

Sep 05, 2019

Serica Energy has signed a deal to adopt the Restrata Platform – a piece of digital safety technology which provides real-time monitoring of people and assets – on its Bruce asset in the UK Northern North Sea. (Photo: Serica Energy) Restrata…

Libongos to Drill in Angola

Sep 05, 2019

Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship, Seadrill announced. The estimated total contract value…

EnQuest Chips Away at Debt, Plans Drilling

Sep 05, 2019

North Sea focused oil firm EnQuest is chipping away at its debt pile, which was at around $1.6 billion at the end of June, it said on Thursday, reiterating its output guidance of between 63,000 and 70,000 barrels per day this year. (Photo…

Johan Sverdrup Nearing Early Start-up

Sep 05, 2019

The mega Johan Sverdrup field in the Norwegian NOrth Sea is expected to come on stream in October this year, one month ahead of schedule, operator Equinor announced on Thursday. The Johan Sverdrup field in the Norwegian sector of the North Sea…

Esvagt Delivers New SOV to MHI Vestas

Sep 05, 2019

MHI Vestas Offshore Wind has taken delivery of the ESVAGT Albert Betz service operation vessel (SOV) purpose-built for the 269MW Deutsche Bucht offshore wind farm. Image: MHI Vestas Offshore Wind The…

Northern Offshore Wins Jack-up Award

Sep 05, 2019

Northern Offshore,  a global offshore drilling company which operates an offshore unit and a production vessel in the North Sea, has been awarded a contract in the Middle East for its jackup rig Energy Emerger. Energy Emerger…

Solstad CSV Secures Extension

Sep 05, 2019

Offshore shipping company Solstad Offshore has won a contract extension for its construction support vessel (CSV) Normand Pacific. Image: Solstad Offshore The CSV has been working for the offshore cabling specialist Prysmian…

Repsol Sinopec Extends Petrofac North Sea Gig

Sep 05, 2019

Petrofac, a provider of oilfield services to the international oil and gas industry, has been awarded a major contract extension in support of Repsol Sinopec Resources UK Limited’s North Sea operations. Image…

WFS Subsea System for Allseas

Sep 05, 2019

Allseas Group, the offshore pipeline installation contractor, has chosen WFS Technologies’ new Seatooth Pipelogger for the real time measurement of process temperature on a subsea pipeline system which they have installed recently. Image…

DNV GL to Certify TenneT Platform in German Sea

Sep 04, 2019

DNV GL has signed a four-year framework agreement with TenneT to provide project certification for new High Voltage Direct Current (HVDC)  substations linked to offshore wind farms in the German North Sea. Pic…

Using AI to Unlock Oil and Gas 'Treasure Trove'

Sep 04, 2019

Researchers aiming to help operators maximize recovery are using artificial intelligence (AI) to unlock a vast amount of rw data collected by the oil and gas industry.  © an-kyl-o / Adobe Stock The…

Schlumberger CEO Outlines Digital Strategy

Sep 04, 2019

Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns…

US Judge Rejects Exxon, Shell Nigeria Case

Sep 04, 2019

A U.S. judge on Wednesday rejected Exxon Mobil Corp's and Royal Dutch Shell Plc's effort to revive a $1.8 billion arbitration award against Nigeria's state-run oil company, which stemmed from a dispute over a 1993 contract to extract oil near the African country's coastline…

Survitec Unveils Halo

Sep 04, 2019

Safety and survival partner Survitec has introduced a completely new lifejacket designed to provide helicopter transfer passengers with a level of safety, comfort and in-water performance not currently available in the energy aviation sector…

Pintsch Bubenzer Brakes for Semi-Submersible

Sep 04, 2019

Pintsch Bubenzer installed a series of Twin Safe TS800 brakes on two 10,000-metric ton (22 million pound) capacity cranes and auxiliary hoists aboard a giant semi-submersible crane vessel (SSCV) that has recently completed its maiden voyage…

Snefrid Nord Comes On Stream

Sep 04, 2019

On September 1, Equinor and its partners began producing from the deepwater Snefrid Nord gas field, the first discovery tied back to the Aasta Hansteen field in the Norwegian Sea. Production start-up, originally planned for the end of 2019, comes ahead of schedule and at more than 1…

Kneen Takes over as Tidewater CEO

Sep 04, 2019

Offshore vessels owner Tidewater announced on Wednesday that its board has appointed Quintin V. Kneen as President, Chief Executive Officer, and director, replacing retiring President, Chief Executive Officer and director John T. Rynd, effective immediately…

TWMA Nets $24.3 Mln in North Sea Contracts

Sep 04, 2019

Specialist drilling waste management company TWMA reports it has secured new contracts valued at £20 million ($24.3 million) in the North Sea in the first eight months of 2019. (Photo; TWMA) The contracts…

Russia Open to Private Firms Developing Arctic

Sep 04, 2019

Russia's natural resources and environment minister said on Wednesday he supported allowing private oil and gas companies to work on the Arctic shelf. © ggw / Adobe Stock Speaking to…

ADNOC Inks $600 Mln Deal with GIC

Sep 04, 2019

Abbu Dhabi National Oil Co (ADNOC) said on Wednesday it signed a $600 million pipeline infrastructure investment agreement with Singapore's sovereign wealth fund GIC. (Photo: ADNOC) The deal follows previous investments by BlackRock…

Norway: 33 Firms Seek Blocks in Mature Areas

Sep 04, 2019

Thirty-three oil companies submitted bids for exploration blocks offshore Norway in a so-called predefined areas (APA) licensing round, the Ministry of Oil and Energy said on Wednesday. © Nightman1965…

NOV to Supply Japanese Mega Jack-up

Sep 04, 2019

National Oilwell Varco (NOV) said that it was awarded a contract to design and build equipment for one of the world's largest offshore wind turbine installation vessels. Financial details were not disclosed. (Image…

World's Largest OWP Opens Base at Humberside

Sep 04, 2019

Ørsted has officially opened the Hornsea Two Offshore Construction Base (HTOCB) for its 1400MW Hornsea 2 project at Humberside Airport in Lincolnshire. Image: Ørsted The building, formerly a police station at the airport…

NOV to Supply STP System

Sep 04, 2019

National Oilwell Varco, a provider of equipment and components used in oil and gas drilling and production, announced new contract award for submerged turret production (STP) system. Image: NOV APL…

38 New UK Offshore Projects in 3 Years

Sep 04, 2019

The final investment decisions (FIDs) could be reached on as many as 38 new UK offshore projects over the next three years, representing $22.6 billion in greenfield expenditure if UK prospective resources live up to expectations. Graph…

W&T Offshore Buys ExxonMobil Interests in GoM

Sep 04, 2019

Texas-based oil and natural gas producer W&T Offshore has closed the previously-announced purchase of ExxonMobil interests in and operator-ship of oil and gas producing properties. Image: W&T Offshore…

Probe Intros ProMAC Series Tools

Sep 04, 2019

Probe, a major player in cased hole well logging and reservoir monitoring technology, has announced the launch of the ProMAC, a new series of multi-arm caliper tools. The new ProMAC series of multi-arm…

Fred. Olsen: A BOLT from the Blue

Sep 04, 2019

Fred. Olsen has been working on a wave energy design called BOLT. It’s based on a floating platform attached to the seabed via moorings that are in turn attached to a specialized winch line product, which wind in and out of winches (one to three…

Carnarvon Says Dorado-3 Confirms Reserves

Sep 03, 2019

Oil and gas explorer Carnarvon Petroleum Ltd said on Wednesday that drilling results from the Dorado-3 appraisal well in Western Australia confirmed oil and gas reserves. (Image: Carnarvon Petroleum) The…

A 'NOC' on Wind?

Sep 03, 2019

Late last week, a large Equinor spending allotment passed under the radar of many a news stream: the Norwegian offshore operator was given a $230 million grant by largest shareholder, Oslo, to pursue wind projects, or at least one in particular…

SMD Introduces New Work Class ROV

Sep 03, 2019

A new work class remotely operated underwater vehicle from SMD introduces electric drive technology to the subsea sector in a modular package (Image: SMD) The new Quantum EV ROV prototype…

Schlumberger Unveils TerraSphere

Sep 03, 2019

A new high-definition dual-imaging-while-drilling service from Schlumberger has been introduced to overcome geomechanics-related challenges and provide geological characterization in real time. (Image: Schlumberger) The new service…

Total CEO: Britain Must Stick by Brexit Mistake

Sep 03, 2019

The chief executive of French oil major Total believes that Britain should stick by its decision to leave the European Union even though he thinks it is a fundamental mistake that could be a real issue for the UK economy Total…

BHGE Deploys Downhole Intelligent Wet-Mate System

Sep 03, 2019

Baker Hughes, a GE company (BHGE), said it has deployed its downhole intelligent wet-mate system, which enables real-time production monitoring and control of the completion system across the entire wellbore in multi-trip completions. Clair…

Total Eyes $10 Billion North Sea Investments

Sep 03, 2019

French energy producer Total could invest up to $10 billion in the North Sea over the next five years but cost discipline must be maintained as a matter of urgency, Chief Executive Officer Patrick Pouyanne said on Tuesday. (Photo…

Woodside Resumes Vincent Exports

Sep 03, 2019

Woodside Petroleum has offered the first Vincent crude cargo for export since production resumed at the $1.9 billion Greater Enfield project off western Australia, two trade sources with direct knowledge of the matter said on Tuesday. (Photo…

Petrobras Produced 3.0 Mbbpd in August

Sep 03, 2019

Brazilian state-run oil company Petroleo Brasileiro SA produced 3.0 million barrels of oil equivalent per day (boepd) on average in August, according to a securities filing on Tuesday, up 21.6% from the same period a year ago. (Photo…

Maersk Team Managing Thames Decom

Sep 03, 2019

Maersk Decom, together with Maersk Supply Service, is project managing the removal, recycling and waste management of subsea infrastructure for Perenco’s Thames field in the UK North Sea. Maersk Installer…

Maersk Companies Manage Decommissioning of North Sea Oilfied

Sep 03, 2019

Maersk Decom and Maersk Supply Service have been appointed to project manage the removal, recycling and waste management of subsea infrastructure at Perenco’s Thames field in the North Sea. The project includes the cut and recovery of wellheads and wellhead protection structures…

Wood Scores TAQA Contract Extension

Sep 03, 2019

Wood has secured an 18-month contract extension for engineering, construction and maintenance services on TAQA’s North Sea assets, the engineering firm announced on Tuesday. Harding (Photo: Wood) Effective immediately…

A Piece of the Puzzle

Sep 03, 2019

As technological advancements continue, subsea processing equipment such as gas compression – now moving beyond Norwegian waters for the first time – may prove to be an increasingly important piece of the offshore production puzzle. (Image…

Aker Solutions Launches 'Intelligent Subsea'

Sep 03, 2019

Aker Solutions' new integrated approach to subsea field design aims to accelerate field development and maximize performance through the life of the field. (Image: Aker Solutions) With the firm’s newly introduced intelligent subsea approach…

Apache Awards Verification Work to DNV GL

Sep 03, 2019

DNV GL announced on Tuesday it has secured a verification services contract from Apache Corporation. The contract, which has a primary term of three years, and two one year extension options, involves operations and project verification for all Apache’s UK North Sea assets…

Saipem: Moving from Concept to Reality

Sep 03, 2019

In June, the Hydrone R started a six-month trial in Saipem’s underwater “play park” near Trieste, northeast Italy. Later in the year, or early next year, its FlatFish design is also expected to enter the water, ahead of deep-water trials in 2021…

Brazil Oil Production Jumps 7% in July

Sep 03, 2019

Brazilian oil production increased to 2.77 million barrels per day (bpd) on average in July, up 7% from a year earlier, local oil and fuels regulator ANP said on Monday. (Photo: Petrobras) Natural…

New Net Zero Solution Center at OGTC

Sep 03, 2019

The Oil & Gas Technology Center, in partnership with industry, will create a new Net Zero Solution Center to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UKCS as the first net zero oil and gas basin globally…

Petrobras Announces Polo Garoupa Fields Sale

Sep 03, 2019

Brazil's state-run oil company, Petroleo Brasileiro SA, announced the binding phase of the sale of its 11 oil fields in shallow waters of the Santos basin and collectively known as Polo Garoupa. © Donatas…

SembMarine Wins India FPSO Contract

Sep 03, 2019

The  global marine and offshore engineering group Sembcorp Marine (SembMarine) said that it has won a contract for a floating production, storage and offloading (FPSO) conversion project with the joint venture companies of Shapoorji Pallonji Oil & Gas and Bumi Armada…

Petrobras Extends DOF Contract

Sep 03, 2019

Norwegian offshore supply vessel (OSV) operator DOF has been awarded a contract extension for an anchor handling vessel. Image: DOF Norskan, a Brazilian subsidiary of DOF, and Petrobras…

Scotland Funds World's Most Powerful Tidal Turbine

Sep 03, 2019

The Scottish Government announced that it has awarded engineering company Orbital Marine Power GBP3.4mln (USD 4.1million) in funding for its floating tidal turbine, which is the world’s most powerful. Image…

Offshore Boosts Optimarin Growth

Sep 03, 2019

Ballast water treatment (BWT) specialist Optimarin said that the recovery of the offshore shipping segment is playing a key role in driving its revenues to new heights. Image by Optimarin. Photo: Glyn Lewis The Stavanger…

Pemex Charters 2 CIMC Jack-ups

Sep 03, 2019

Mexican state-owned giant Pemex has chartered two jack-up rigs built and currently owned by Chinese yard CIMC Raffles. Image: CIMC Raffles Offshore Engineering Pte Ltd The two 400ft…

Sembcorp Marine Enters Taiwan OWP

Sep 03, 2019

Sembcorp Marine (SembMarine) said that its unit Sembcorp Marine Offshore Platforms (SMOP) has entered the 'highly competitive' offshore wind project (OWP) sector in Taiwan. Image: Jan De Nul Group SMOP…

Airborne Wins TCP Flowlines Wok in Africa

Sep 03, 2019

Airborne Oil & Gas B.V. said it has been awarded a contract from a supermajor through Oceaneering International to supply Thermoplastic Composite Pipe (TCP) flowlines for deployment in West Africa.  (Photo…

Subsea 7 Wins Contract from Total in Brazil

Sep 02, 2019

Subsea 7 announced it has secured a contract from Total E&P do Brasil for the development of the Lapa North East field located approximately 300 kilometers off the coast of the State of São Paulo, at 2,150 meters water depth in the pre-salt Santos Basin…

Norway Green Lights Johan Sverdrup Startup

Sep 02, 2019

Energy firm Equinor has won permission to start its giant North Sea Johan Sverdrup oilfield in the autumn, the Norwegian Petroleum Directorate said on Monday. (Photo: Equinor) On Friday the company notified oil market participants that the 2…

Seadrill Lines Up Work for West Neptune

Sep 02, 2019

Seadrill has secured a one-year contract with LLOG for the West Neptune operating in the US Gulf of Mexico, the offshore drilling contractor announced on Monday. West Neptune (Photo: Seadrill) Total…

Maersk Drilling Wins One-well Job from Petrogas

Sep 02, 2019

Maersk Drilling has entered a $7.6 million contract with Petrogas North Sea to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea, the Danish drilling contractor said on Monday. (Photo…

OPT: Powering Autonomy

Sep 02, 2019

In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed. Ready for offshore deployment, the PowerBuoy destined to work for Premier Oil (Photo: OPT) New Jersey…

Welaptega Appoints New General Manager

Sep 02, 2019

Underwater inspection provider Welaptega said it has appointed a new general manager for its global business. Tyler de Gier (Photo: Welaptega) Tyler de Gier has been promoted to the role…

Liza Destiny FPSO Reaches Guyana

Sep 02, 2019

American petroleum company Hess Corporation said that the Liza Destiny floating, production, storage and offloading (FPSO) vessel has arrived at the closely watched Stabroek Block offshore Guyana after a 42-day journey from Singapore. Image…

Fugro Surveys Petronas Acreage

Sep 02, 2019

Dutch multinational geo-data specialist Fugro has completed the second of three Malaysian seep hunting and geochemical campaigns for Malaysian oil and gas company ‘Petronas’. Image: Fugro According to the provider of geotechnical…

Aeolus Completes Turbine Installation

Sep 02, 2019

Dutch maritime contracting company Royal Van Oord said that its offshore installation vessel Aeolus has successfully completed the installation of 31 turbines on monopiles at the Deutsche Bucht wind farm being developed by Canada's Northland Power offshore Germany…

Mayflower Wind Bids for Massachusetts Offshore

Sep 02, 2019

Mayflower Wind, a joint venture of Shell and EDPR Offshore North America, has submitted proposal to the state and utility company to deliver energy from offshore wind installations. Image: Shell The…

Bayu Undan Gas Contracts Updated

Sep 02, 2019

Liquefied natural gas producer ConocoPhillips announced new production sharing contracts with East Timor for the ageing Bayu Undan gas field on Saturday, following the implementation of a new maritime border with Australia. (Photo…

Sembcorp Marine Reports New Contracts

Sep 02, 2019

Sembcorp Marine said it has won a raft of new projects valued at S$400 million (US$288 million) that includes floating production conversion projects, offshore wind farm jacket foundations fabrication and cruise ship upgrades. (Photo…

SSE Selling North Sea Gas Fields

Sep 02, 2019

British energy provider SSE has kicked off the process to sell its 140 million cubic feet per day portfolio of North Sea gas fields in a single package, a sale document seen by Reuters showed. © Tony…

Saab Seaeye: Doing It for Real

Sep 01, 2019

Sweden’s Saab Seaeye has been one of those driving the vehicle side of the subsea resident vehicle equation – for at least 10 years. Saab Seaeye’s Sabertooth during a demo with Equinor’s subsea docking…

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Middle East Risks Keep Oil Prices High

Transborders Joins Forces with Osaka Gas

Transborders Joins Forces with Osaka Gas

BP Awards Caspian ACG Contracts

BP Awards Caspian ACG Contracts

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