OE Press: 2013 / September

 

Excelerate completes 500th ship-to-ship LNG transfer

Dec 23, 2013

Excelerate Energy L.P. completed its 500th commercial Ship-to-Ship (STS) transfer of LNG on September 23, 2013 in Escobar, Argentina at the GNL Escobar LNG import facility. Using Excelerate Energy’s regasification vessel, Exemplar and the conventional LNG carrier SCF Arctic…

Chevron, Tohoku sign Wheatstone LNG agreement

Oct 01, 2013

Chevron Corporation today announced that its Australian subsidiaries have signed binding long-term sales and purchase agreements (SPAs) with Tohoku Electric Power Company, Inc. to supply LNG from the Chevron-operated Wheatstone Project in Western Australia…

Jaya acquires multi-purpose platform supply vessel

Oct 01, 2013

Offshore energy services provider Jaya Holdings Limited, based in Singapore, confirmed the on-time delivery of its second new multi-purpose platform supply vessel (MPSV), Jaya Vigilant. She sailed from Jaya’s shipyard in Batam yesterday and…

Apache finalizes GOM asset sale

Sep 30, 2013

Apache Corporation announced it has completed the previously announced sale of its Gulf of Mexico shelf operations and properties to Fieldwood Energy LLC, a portfolio company of Riverstone Holdings, for $3.75 billion in cash (subject to customary…

NOV announces spin-off of distribution services

Sep 27, 2013

Oilfield services giant National Oilwell Varco (NOV) has decided to spin off their equipment distribution business into an independent company through an initial public offering made as early as next year. The company expects this plan to be completed as early as the first half of 2014…

New pipelay vessel, Sapura Diamante, heading to Brazil

Sep 27, 2013

IHC Merwede has successfully named and launched the pipelaying vessel SAPURA DIAMANTE in a ceremony at the company's shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the innovative offshore vessel was carried out by Mrs Christina Lucia Duarte Pinho…

Brazilian shipbuilder wants stronger maritime ties

Sep 27, 2013

Rio de Janeiro-based AMEC Kromav, specialist company for shipbuilding and offshore activities, is urging the Russian industry to take full advantage of Brazil’s multi-billion dollar offshore industry opportunities. In a comprehensive presentation at NEVA in St Petersburg…

Aqualis Offshore hits the market

Sep 27, 2013

A new offshore marine and engineering consultancy has been launched with the backing of a Norwegian investment outfit and the company's own management. Aqualis Offshore was set up earlier in the summer and now has 40 staff and offices in offices in London…

Sinking of SS Arctic, 159 years ago

Sep 26, 2013

Sinking of SS Arctic - 27 September 1854 The SS Arctic was the pride of the American merchant marine when launched in 1852. It was a 3,000 ton wooden-hull paddle-wheel steamer capable of carrying 280 passengers. It also carried a modest amount of cargo…

Bureau Veritas sets Arctic LNG standards

Sep 26, 2013

Bureau Veritas (BV) has responded to demand for safe LNG transportation in the Arctic regions by developing new, high-level tools to assess cargo sloshing in ice conditions. It has also developed a cutting-edge probabilistic method for assessing…

RasGas launches Barzan topsides

Sep 26, 2013

RasGas Co. Ltd. (RasGas) announced that the Barzan Gas Project's four offshore platform topside modules, collectively weighing 9500tonnes, have started their long journey by sea from Ulsan, South Korea to Qatar's North Field. The topsides…

3DTV comes to Aberdeen oil industry

Sep 26, 2013

Leading players in the 3DTV industry will converging on Aberdeen next month for a conference focusing on use of such technologies in the oil and gas and renewables industries.  The 3DTV Conference: Vision Beyond Depth event has been organised by Aberdeen University…

Chevron launches US$90m fund

Sep 26, 2013

Chevron Technology Ventures (CTV) announced today that it has launched its CTV Fund V, a US$90 million venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. Investments from CTV Fund V will…

Orders won for Huisman in Brazil

Sep 26, 2013

Lifting, drilling and subsea solutions firm Huisman has received its first order for a new production facility in Brazil.  Huisman is to provide three sets of five cranes, manufacturing of which will start in 2014, when construction of the Brazilian production facility is completed…

Congo oil discovery

Sep 25, 2013

SOCO International announced that the Lideka East Marine-1 well (LDKEM-1) off Congo, which targeted a post-salt structure, updip from the Lideka Marine-1 well, found shows of oil in the Sendji formation (iS3). The well encountered about 50m of net pay section in the Upper and Lower Sendji…

Trelleborg's Elastopipe receives USCG approval

Sep 25, 2013

Trelleborg Offshore and Construction has been awarded United States Coast Guard (USCG) approval for its deluge and sprinkler system, Elastopipe, which grants it certified for use within the United States. Doug Marti, Market Development Manager within Trelleborg Offshore and Construction…

Bexco launches test bench first

Sep 25, 2013

Synthetic rope manufacturer Bexco has invested in a new test bench facility capable of automated testing 25m lengths of rope for one week or longer, with remote electronic data interchange and on-site certification of made-to measure rope solutions…

Inocean wins Statoil arctic drillship contract

Sep 25, 2013

Statoil awarded Oslo-based Inocean a contract for concept design and option for the front-end engineering design of a new arctic drillship. The new gneeration Cat I drillship will be tailored for the Statoil Arctic step-up program…

Noble spin off plan

Sep 25, 2013

Noble Corporation has announced plans to spin off its standard specification drilling units into a new separate company. The new company will own and operate standard specification drilling units from the Noble fleet, with the new company focusing on high-specification assets…

PSV delivered to Blue Ship

Sep 24, 2013

The platform supply vessel Blue Protector was delivered from Ulstein Verft to the owner Blue Ship Invest. It will be managed by Atlantic Offshore for the spot market in the North Sea. Blue Protector is the final newbuild in a series of six platform supply vessels (PSV) of the PX121 design…

FOGL closing in on rig

Sep 24, 2013

Falkland Oil and Gas (FOGL) has said it is moving closer to securing a rig for a 2014 drilling campaign in the remote Falklands region. The firm, focused on areas to the south and east of the Falkland Islands, said a rig enquiry had been issued and available units identified…

YHM rig for Andaman Sea

Sep 24, 2013

Singapore-based YHM Group has said it has won a contract worth about US$183 million over a three-year period to provide a semi- submersible rig. The rig is to be used by a south east Asia-based national oil company to support oil and gas activities in the Andaman Sea…

Technip on Statoil riser renewal campaign

Sep 24, 2013

Technip has been awarded a contract by Statoil for the fabrication and supply of flexible risers for several fields on the Norwegian Continental Shelf. The contract includes options for further risers and flowlines. The flexible pipes…

SEG13: Texas prospers from oil industry growth

Sep 23, 2013

During the opening session of the annual SEG convention in Houston, Barry Smitherman, chairman of the Texas Railroad Commission (RRC) reviewed the improvement in Texas’ production. This had been created by the application of new oil industry technology: better imaging…

SEG13: SEG expands global participation

Sep 23, 2013

Over the past 10 years, the Society of Exploration Geophysicists (SEG) has been on an exponential growth path, explained David J. Monk, SEG president, during the opening session at the annual SEG Convention in Houston. Membership has expanded to over 320…

Thalassa buys GO Science

Sep 23, 2013

Thalassa has agreed a deal to buy Go Science for £3.6 million from administrators. Go Science, which employs six people, provides mobile sensor grid services and products, in the UK and overseas, to the oil and gas, defense and homeland security sectors…

Deepwater Asia Pac growth predicted

Sep 23, 2013

Douglas Westwood has said, according to its annual reports on deepwater production, Asia Pacific is emerging as a high-growth opportunity – albeit  from a small base – as depleting shallow water fields drive the industry into deeper waters…

Aegir christened before GoM debut

Sep 23, 2013

Heerema Marine Contractor’s new Deepwater Construction Vessel (DCV) Aegir was christened in the Rotterdam Calandkanaal (NL). This state-of-the-art vessel is capable of executing complex infrastructure and pipeline projects in ultra deep water…

JX Nippon signs Malaysian PSC

Sep 20, 2013

JX Nippon Oil & Gas Exploration Corp. entered into a production sharing contract (PSC) for deepwater block 2F offshore Sarawak with Petroliam Nasional Berhad (Petronas) effective September 19. Deepwater block 2F is located in the northwest of Sarawak…

Woodside's Irish debut approved

Sep 20, 2013

Austalia's Woodside has been given the official go-ahead to start exploration acitivies in Ireland's offshore Porcupine basin. Its joint venture partner Petrel Resources said Ireland's minister of state at the Department of Communications…

SOFF signs DLB contract

Sep 19, 2013

Solstad Offshore ASA (SOFF), through its wholly-owned subsidiary Norce Offshore Pte Ltd, has signed a contract with Chevron Offshore (Thailand) Ltd, Chevron Thailand Exploration and Production Ltd. and Chevron Pattani Ltd. (together Chevron) in Thailand using the derrick-lay barge (DLB)…

Nexans umbilicals for Gulfaks

Sep 19, 2013

Nexans has been awarded an €8 million contract by Statoil to supply the static umbilicals for the Gullfaks Rimfaksdalen gas project in the Norwegian North Sea. It will be the fourth Statoil project in quick succession to feature the new…

Norwegian fibre rope first

Sep 19, 2013

The Goliat floating production unit will be the first facility on the Norwegian shelf to be held in place by ropes, says Eni. For the project, the first oil field due to come on stream in the Barents Sea, Eni Norge says it has has developed 'the world's strongest mooring rope'…

BP Quad 204 Geotechnical Survey Success

Sep 18, 2013

UTEC Geomarine today announced the successful completion of a significant geotechnical survey program in the West of Shetland region. The work was carried out for BP on their Quad 204 development and involved the utilization of UTEC Geomarine's…

NCS wins Aker contract

Sep 18, 2013

NCS Survey, an Acteon company, was awarded a five-year contract with AKOFS Wayfarer AS, a Norwegian marine contractor, for the supply of positioning and survey services aboard the Aker Wayfarer. Since January 2011, NCS Survey has been…

Salamander spuds exploration well offshore Thailand

Sep 18, 2013

Salamander Energy plc announced the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, less than one mi northeast of the recent Surin oil discovery…

Intertek on Ichthys

Sep 18, 2013

Intertek has been awarded the dimensional control contract for INPEX Ichthys floating production storage offloading (FPSO) turret development.   The contract invoves the assurance and verification of fabrication and integration of the FPSO turret…

Barrier buys Aquaseal stake

Sep 18, 2013

Barrier Group has acquired a 49% stake in a North East-based rubber product manufacturing company. The Wallsend-based company has bought the share in Tyneside’s Aquaseal Rubber with the aim of helping to expand the business’ presence in to wider markets…

Bristow wins contracts from GoM to Tanzania

Sep 18, 2013

Bristow Group has secured a number of new multi-year contracts for offshore oil and gas services across Europe and in other established and emerging markets. In total, the contracts are for 12 large and three medium helicopters, expected to generate up to US$850 million in revenue…

CNOOC, Smart Oil sign Bohai PSC

Sep 17, 2013

China National Offshore Oil Corp. (CNOOC) signed production sharing contract (PSC) with Smart Oil Investment Ltd. for Block 05/31 in Bohai.Block 05/31 is located in the junction of Qikou Sag and Nanpu Sag of the West of Bohai. It covers a total area of 270sq km with water depth ranging from 5-15m…

Jumbo Wins Pipelay Contract From Sigur Ros

Sep 16, 2013

Jumbo announced that it has been awarded a contract by Malaysian pipelay contractor Sigur Ros. Under the contract, Jumbo will oversee transportation and installation of 126 gravity anchor spreads in water depths up to 1400m (4593ft), using the heavy-lift vessel…

Xodus gains consent for MeyGen tidal project

Sep 16, 2013

Xodus Group gained consent for Europe’s largest tidal energy project in the Pentland Firth at the Scottish Renewables Marine Energy Conference. As lead consultant in the Environmental Impact Assessment (EIA)for the 86MW Phase 1 MeyGen tidal energy project…

Rialto, Vitol sign Ivory Coast MOU

Sep 16, 2013

Rialto Energy (Cote d’Ivoire) Ltd signed a memorandum of understanding (MOU) with the Cote d’Ivoire Ministry of Oil & Energy, the state owned oil & gas company PETROCI, and Vitol E&P to replace the existing production sharing contract (PSC) for Block CI-202 with a new PSC on amended terms…

New player gets US$150 million backing

Sep 16, 2013

A newly formed UK-focused exploration company has secured US$150 million of funding from Norwegian private equity outfit HitecVision.  Oyster Petroleum's management team comprises of Richard Morgan as CEO, along with former colleagues Nigel Platt and David Went…

EMGS awarded LOI in West Africa

Sep 16, 2013

Electromagnetic Geoservices (EMGS) has received a Letter of Intent to award a contract for a minimum US $8 million for 3D EM data acquisition in West Africa. It is expected that the 3D EM survey program will be performed using the vessel EM leader…

OE13: ExxonMobil and GL seminars filmed

Sep 16, 2013

As part of SPE Offshore Europe 2013, ExxonMobil Fuels & Lubricants and Caterpillar Marine & Petroleum Division (CAT) joined forces for an interactive breakfast seminar, hosted by Offshore Engineer’s Paul Hutton.  Maintenance and engineering…

Cortez works on FPSO

Sep 16, 2013

Subsea services and technology company Cortez Subsea has been awarded £1.5million of contracts across its pipeline installation and decommissioning services during Q3, 2013. The Aberdeen-based firm has completed the first phase of work on a North Sea floating production…

Bulgaria well boost for Petroceltic

Sep 16, 2013

Petroceltic International has announced the successful tie-back of a new production well on the Kaliakra gas field, offshore Bulgaria. The well was completed with a subsea wellhead and connected to the existing Kaliakra pipeline for export via the Galata platform…

Fugro buys DCN Global

Sep 13, 2013

Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian and African regions…

Subsea 7 on GoM Cardona project

Sep 13, 2013

Subsea 7 has been awarded a contract worth more than US$70 million by Stone Energy for the development of the Cardona field in the US Gulf of Mexico. The scope includes engineering, procurement, installation and commissioning of flowlines…

Ovoka duster - Etame Marin work continues

Sep 13, 2013

VAALCO Energy has completed drilling an exploration well on the Ovoka Prospect (formerly Mu), in 60m water depth offshore Gabon to evaluate the Gamba reservoir and deeper Lucina formations. The zones of interest were found to be water…

Lukoil spuds offshore Sierra Leone

Sep 13, 2013

Russian oil firm Lukoil Overseas has started drilling in deep water off the coast of Sierra Leone. The company is drilling the Savannah prospect on Block SL-5-11, using the semisubmersible Eirik Raude drilling rig, in more than 2000m water depth…

Drilling due to start on Tamar

Sep 13, 2013

Drilling on the South West Tamar prospect, offshore Israel, is due to start in the next two weeks, partners on the project have said.  Delek Group, a partner on the Noble Energy-operated project, said the exploration well at South West (SW) Tamar prospect…

FMC wins Parque das Conchas supply

Sep 12, 2013

Shell has awarded FMC Technologies, Inc. a contract to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil. FMC Technologies' scope of supply includes seven subsea trees, two manifolds and associated subsea control systems…

Svale North oil discovery

Sep 11, 2013

Statoil has together with partners in PL128 made an oil discovery in the Svale North prospect in the Norwegian Sea, approximately nine kilometres northeast of the Norne field. Exploration well 6608/10-15, drilled by the Songa Trym semisubmersible…

Kashagan starts producing

Sep 11, 2013

The North Caspian Operating Company (NCOC), on behalf of the North Caspian Sea PSA consortium, has said the first well was opened and the initial volumes of oil are being produced from the Kashagan field. The first phase of production is from eight wells on an artificial island complex…

OneSubsea on Quad 204 gig

Sep 11, 2013

OneSubsea has been awarded a £65 million contract to manufacture subsea trees for BP’s west of Shetland Quad 204 project. The Quad 204 project is a re-development of the Schiehallion and Loyal fields, involving a new floating production…

NHC adds low-temp testing facility

Sep 10, 2013

The National Hyperbaric Centre in Aberdeen, Scotland has recently invested in an ‘Environmental Testing Facility’ (ETF). The new, large environmental test laboratory has been installed to simulate conditions down to -25° C for testing offshore equipment…

HRT drills Moosehead duster

Sep 10, 2013

HRT Participações em Petróleo S.A.announced that the Moosehead-1 well, the third offshore well in its exploratory drilling campaign, is a dry hole. The Moosehead prospect is in Petroleum Exploration License 24 (PEL-24), in the Orange basin…

TGS begins Chukchi Sea survey

Sep 10, 2013

TGS has commenced acquisition of a 2D multi-client survey in the Chukchi Sea off the northwest coast of Alaska. The Chukchi Sea 2D 2013 survey covers about 8,000km and builds on the existing Chukchi Sea (CSR-06) survey acquired in 2006 in…

Teekay picks Petrotechnics' Proscient

Sep 10, 2013

Petrotechnics has been awarded a €2 million contract by Teekay Petrojarl to deploy its Proscient across its global fleet. Petrotechnics will provide work management tools to support Teekay Petrojarl’s goal of creating a standardized approach to work management across their global operations…

Van Ord orders cable lay vessel

Sep 10, 2013

Van Oord has ordered a new cable-laying vessel. The ship will be built at Damen Shipyards’ wharf in Romania and will be completed at the end of 2014. The ship is intended for the installation of electricity cables for offshore wind parks…

Technip targets China market

Sep 10, 2013

Technip has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. To be based in Rome and Beijing, they will be responsible for procurement activities, on the European and Chinese markets…

India contracts for Wood Group

Sep 10, 2013

Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…

Centrica extends Chestnut field life

Sep 09, 2013

Centrica Energy is to extend its contract for the Hummingbird Spirit until March 2016. The cylindrical FPSO, owned by Teekay, has been operating on the Centrica-operated Chestnut field, north east of Aberdeen, in the central North Sea since 2008…

Harsh environment JU delivered to Ensco

Sep 09, 2013

Ensco plc has taken delivery of ENSCO 120, the first in its series of three ultra-premium, harsh-environment jackup rigs. The rig is contracted to work for Nexen in the North Sea beginning in the 4Q 2013 at a day rate of about US$230,000 plus cost adjustments…

New Ensco drillship delivered

Sep 09, 2013

Ensco plc has taken delivery of ENSCO DS-7, an advanced-capability, ultra-deepwater drillship. The vessel will embark from the Samsung Heavy Industries shipyard in South Korea to Angola, where it is contracted to Total for three years beginning…

OE13: SPE Offshore Europe looks ahead to the next 50 years

Sep 06, 2013

SPE Offshore Europe 2013 in Aberdeen has celebrated its 40th birthday by staging its biggest and best conference and exhibition to date. This year’s theme was “The Next 50 Years”, representing the continuing success story of the industry in terms of future production and the strong supply chain…

OMV makes discovery in Barents Sea

Sep 06, 2013

OMV discovered up to164 million barrels of recoverable oil in the Wisting Central exploration well 7324/8-1, within the Hoop-Maud Basin in the Barents Sea. The company found between 63 million and 164 million barrels of oil in the relatively shallow parts of the Barents Sea…

Wärtsilä to supply design for PSV in Poland

Sep 06, 2013

Wärtsilä, was awarded a contract to supply the design and an integrated solution for a new large platform supply vessel (PSV). The ship will operate primarily on liquefied natural gas (LNG) and is owned by Siem Offshore, Norway-based provider of marine services to the industry…

SeaBird to purchase Hawk Explorer for 6.5M

Sep 06, 2013

SeaBird Exploration Plc notified the owner of Hawk Explorer that it will exercise its option under the current charter agreement to purchase the vessel and related equipment for US $6.5 million. The vessel and equipment will be delivered at the end of the lease term August 31…

FAR Ltd., Ophir Energy finalize JV talks

Sep 06, 2013

FAR Ltd. (“FAR”)  completed negotiations on joint venture agreements with Ophir Energy PLC (“Ophir”) on highly prospective offshore Kenya exploration permit Block L9. Block L9 is a large permit in the heart of the Lamu basin. A series…

OE13: A bright future can be realized

Sep 05, 2013

Closing remarks by Malcolm Webb, SPE Offshore Europe conference chairman: As we draw towards the conclusion of SPE Offshore Europe 2013 and head home to think about all we have heard, the technology showcase that has been presented to us and the contacts we have made or renewed…

OE13: RGU in Russian partnership

Sep 05, 2013

Robert Gordon University (RGU) and Russian oilfield educational and engineering services company OILTEAM yesterday announced a partnership worth more than £1.2 million to train the next generation of Russia’s offshore energy professionals…

OE13: US energy independence

Sep 05, 2013

BP chief economist Christof Ruehl said the US will become energy independent, due to unconventionals, by 2030, in yesterday’s [Thursday] lunch, Energy Markets – the Short and Long Term. Ruehl said unconventionals (tight oil and shale…

OE13: PEMEX delves deep

Sep 05, 2013

Lakach is PEMEX’s first deepwater project, with gas production due to start in 2016. It will meet dual strategic goals of expanding PEMEX expertise in DW development, and meet internal demand for natural gas. “Lakach is a very good exercise for us…

OE13: Safety first / Step up and be counted

Sep 05, 2013

Ken Robertson, production services manager for Shell UK, stressed the importance of participation among UK workers in order to improve safety conditions, during the Step Change in Safety breakfast briefing yesterday morning. Robertson…

OE13: Statoil mulling Statfjord A life extension

Sep 05, 2013

Norway’s Statoil is considering extending the life of its giant Statfjord A facility in the North Sea, with a decision expected by year end, SPE Offshore Europe’s keynote session Decommissioning and value extraction for end of life heard yesterday…

OE13: Record bundle activity

Sep 05, 2013

Subsea 7 is currently experiencing the busiest period of bundle design/installation activity ever, Subsea 7’s bundle design manager, Martin Goodlad, told the session Advances in Subsea Construction and Technology yesterday. A record eight…

OE13: Championing pipe-in-pipe technology

Sep 05, 2013

McDermott International’s director of global subsea engineering, Mark Dixon, made the case for pipe-in-pipe technology during yesterday morning’s presentation Emerging Technologies in the Subsea Sector. While pipe-in-pipe is not a new technology…

OE13: Mexico market briefing

Sep 05, 2013

UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…

OE13: Regulations after Macondo

Sep 05, 2013

The 2010 Macondo blowout and oil spill continues to haunt the industry, and inspire new regulatory rules not only in the US, but across Europe. Explaining why he opened yesterday’s Industry Progress Post Macondo presentation with fiery photos of the Deepwater Horizon rig…

OE13: Geopolitics, price and technology…

Sep 05, 2013

Former BP CEO Tony Hayward, now CEO of Genel Energy, focused on geopolitics, prices, and technology, while explaining the role of the independent in challenging conventional thinking, at a keynote session on IOCs yesterday. Geopolitics has defined the field of play…

OE13: Walk-to-work boosts campaign

Sep 05, 2013

A scheme developed by Chevron to increase the amount of people working on its Captain field for asset integrity campaigns helped increase bed space and ease logistical issues during the recent helicopter crisis, a session heard yesterday…

OE13: Rig consortia for UK?

Sep 05, 2013

“Establishing a successful rig consortium is a roller-coaster process”, Geir Kristian Pedersen, managing director of Rig Management Norway (RMG), said at the keynote session Planning for Long Term Drilling yesterday. Key factors in building a consortia are being co-operative…

OE13: Solar powered UK?

Sep 05, 2013

In the short term there will be a dash for gas, but longer term the key to global energy supplies could be solar, yesterday’s SPE Offshore Europe breakfast briefing heard. Professor John Miles, Arup/Royal Academy of Engineering research professor in transitional energy strategies…

Craig Group builds six new vessels

Sep 05, 2013

Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…

CGG awarded Malaysian survey

Sep 05, 2013

CGG announced its award by PETRONAS of a contract to acquire and process a 10,000sq km, 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM. The survey started in August and is due to last five months. The survey…

OE13: Hardide Coatings unveils new technology

Sep 04, 2013

Hardide Coatings (stand 4D148) has developed an innovative coating to extend the life and improve the performance of drilling tools operating in extremely abrasive environments. This is the first successful high performance coating for TSP…

Horizon oil spuds well off New Zealand

Sep 04, 2013

Horizon Oil International Ltd. announced that the Manaia-2 exploration/appraisal well in PMP 38160, offshore New Zealand, was spudded on September 1, 2013. The well is being operated by OMV New Zealand Ltd. and drilled with the semi-submersible drilling rig Kan Tan IV…

Eni makes Mozambique discovery

Sep 04, 2013

Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique.The discovery opens a new exploration play in the southern part of Area 4. Preliminary estimates show that the Agulha structure could contain 5 to 7 Trillion cu ft of gas in place…

OE13: ITF celebrates project milestone

Sep 04, 2013

ITF has surpassed more than 200 joint industry projects (JIP) in its 14-year history. Oil and gas industry leaders and the Rt. Hon. Michael Fallon MP, UK government Minister of State for Business and Enterprise and Minister of State for Energy…

Skills shortage threatens North Sea growth

Sep 04, 2013

C-MAR Group has highlighted the UK’s escalating skills gap as the most critical issue facing the UK industry today. Speaking as the industry gathered for the Offshore Europe Conference in Aberdeen today, Chief Operating Officer Peter Aylott…

Technip signs four-year deal with Petrobras

Sep 04, 2013

Technip signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…

Exmar signs LOI for FLSU charter

Sep 04, 2013

Exmar signed a letter of intent (LOI) with LNG Partners, LLC and LNG BargeCo BVBA for the long-term charter of a Floating Liquefaction & Storage Unit (FLSU) to serve the BC LNG Project near Kitimat, British Columbia, Canada.  As a focal point for the alliance…

OE13: Yet to find - 17 billion boe of European reserves

Sep 04, 2013

Wood Mackenzie presented its view of the role of independent oil and gas companies globally in the keynote session: “The independent oil company – mighty oaks from little acorns grow.” This peer group has been at the forefront of conventional exploration…

OE13: Hayward - people is the biggest challenge

Sep 04, 2013

Genel Energy chief executive Tony Hayward will give the keynote presentation in today’s SPE Offshore Europe session, The Independent Oil Company—Mighty oaks from little acorns grow (10-12.30pm, Gordon B). We asked the former BP chief executive…

OE13: ERD record for Noble Julie Robertson

Sep 04, 2013

Centrica Energy, stand 5D50, has completed its longest horizontal well using the Noble Julie Robertson (NJR) jack-up rig on the southern North Sea gas field. Running 19,000feet (6km), the extended reach well was drilled between December…

OE13: Looking forward to the next 50 years

Sep 04, 2013

At the outset of the plenary session Tuesday morning, conference chair Malcolm Webb led the room in a moment of silent reflection for the victims, survivors, families, and rescue personnel involved in the helicopter crash off Shetland last week…

OE13: GMS orders jackup

Sep 04, 2013

Jack-up barge provider Gulf Marine Services is building its third E-Class jack-up vessel, GMS Enterprise, it has announced. The vessel will add to GMS’ two existing E-Class units, GMS Endeavour and GMS Endurance. GMS Enterprise will…

OE13: Big opportunities offshore

Sep 04, 2013

This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…

OE13: Lewek Centurion starts work

Sep 04, 2013

Emas AMC’s newly converted S-lay deepwater pipelay vessel Lewek Centurion has just completed its first contract since its conversion, laying pipe for Wintershall in the Dutch sector of the North Sea. The vessel was acquired from Helix Energy Solutions in July…

OE13: Subsea power grid for 2018

Sep 04, 2013

Siemens is hoping to have a complete subsea power grid installed on the seabed by 2018, according to its head of subsea power solutions. The division has been formed by Siemen’s acquisition of Bennex from Subsea Technology Group in 2011…

OE13: Petro League launches

Sep 04, 2013

About 40 oil and gas students from across Europe are taking part in the final of the inaugural SPE Europe Petro League today. Through case study analysis and fast-paced oil and gas question and answer rounds, students will have the chance…

OE13: TWMA lands Angola contract

Sep 04, 2013

Integrated drilling and environmental solutions firm TWMA says it has become the first company to be awarded an offshore processing contract in Angola. The agreement, worth up to $35m, will see TWMA take the concept of offshore processing to the rapidly developing area…

OE13: Intertec highlights advanced enclosure materials

Sep 03, 2013

Enclosure designs for protecting offshore equipment are evolving rapidly to combat the widespread problem of corrosion, and to meet industry demands for higher levels of safety and reliability, and new functionality. At Offshore Europe 2013…

OE13: Kongsberg launches MUNIN

Sep 03, 2013

Kongsberg Maritime has launched its next generation Munin compact autonomous underwater vehicle (AUV) at Offshore Europe today (stand 2C90). The Munin follows Kongsberg’s development of the Hugin and Remus AUVs, through Kongsberg-company Hydroid…

OE13: JDR wins SARB power cables project

Sep 03, 2013

Petrofac has awarded JDR Cable Systems a contract to design and manufacture five subsea power and communication (composite) cables and associated accessories for the Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi. Petrofac…

OE13: The impact of the Independent

Sep 03, 2013

Dwarfed by the majors and super majors, the impact of the small independent oil company on global exploration and production activity is often overlooked. But, these companies are driving increased production in mature provinces such as the UK Continental Shelf (UKCS)…

OE13: Keiller - the next 50 years

Sep 03, 2013

I am very excited about the future of the oil & gas industry in the North Sea and internationally. The theme of this year’s SPE Offshore Europe conference is The next 50 years – but 50 years ago no-one could have predicted the way the UK oil & gas industry would develop or how we operate now…

OE13: New Offshore Achievement Awards unveiled

Sep 03, 2013

The Society of Petroleum Engineers (SPE) Aberdeen Section has announced two new categories for this year’s Offshore Achievement Awards, which launch on October 1. The awards, supported by TAQA, have a 27-year history of celebrating outstanding…

OMV takes Madagascar stake

Sep 02, 2013

OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…

Restructure and new MD for Reef Subsea

Aug 30, 2013

Reef Subsea is to restructure its business into two divisions - one focused on integrated subsea projects and to be led by a new managing director. Reef Subsea Integrated Projects, formed by the merger of Reef Subsea Power & Umbilical and Reef Subsea Norway…

Current News

Reliance Reaps Record Profit

Reliance Reaps Record Profit

Schlumberger Profit Beats Estimates

Schlumberger Profit Beats Estimates

China Crude Runs Hit Record High

China Crude Runs Hit Record High

Total Says Geopolitics Hurting Crude Supply

Total Says Geopolitics Hurting Crude Supply

Eni CEO: No Future for Firms Working in Just O&G

Eni CEO: No Future for Firms Working in Just O&G

BP Raises Asian Profile

BP Raises Asian Profile

Partners Plan Floating Wind Farm in South Korea

Partners Plan Floating Wind Farm in South Korea

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