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OE Press: 2014 / September

 

Maritime security market to reach $20 billion

Sep 30, 2014

According to a study published this month by US-based research and marketing company Markets and Markets, the maritime security industry will be worth around US$20 billion by 2019. The major drivers behind the exponential increase of…

Enagas joins TAP

Sep 30, 2014

Enagás has joined the Trans Adriatic Pipeline (TAP) project as a new shareholder with a 16% stake in the company known as Trans Adriatic Pipeline AG. The company also announced that existing shareholder Fluxys increased its stake in TAP from 16% to 19%…

N-Sea completes dive scope

Sep 30, 2014

Inspection, maintenance and repair company N-Sea recently completed its inaugural diving scope with the TUP Diving System(Transfer Under Pressure). The TUP Diving System Image: N-Sea The…

Jacking system failure addressed

Sep 30, 2014

A joint industry project on jacking system maintenance and inspection has resulted in a new DNV GL Recommended Practice. This provides guidance to ensure the correct and safe functioning of rack and pinion style jacking systems. The objective is to reduce the risk of gear failure…

Alfa Laval wins pumping systems order

Sep 29, 2014

Alfa Laval won an order to supply Framowith water pumping systems to an oil drilling platform, which will be located in the Atlantic Ocean east of Newfoundland. The order, booked in the marine and offshore pumping systems segment, has a valueof approximately US$16…

Ulstein to design Van Oord SRI vessel

Sep 29, 2014

Ulstein won the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel Bravenes. Van Oord’s Bravenes. From Ulstein Working in close cooperation with Van Oord…

TGS, FairfieldNodal conduct GoM ocean bottom surveys

Sep 29, 2014

TGS and FarifieldNodal will conduct two ocean bottom projects in the shelf region of the US Gulf of Mexico.  Z700 at sea from FairfieldNodal. The two surveys include the Calypso Full Azimuthal…

Tidal project signs power purchase agreement

Sep 29, 2014

Tidal Energy, the developer of DeltaStream, Wales’ first full-scale tidal power generator, has agreed a power purchase deal with EDF Energy, which will make its project one of the first grid-connected demonstration devices to generate green…

CGG to start Gabon 3D Broadseis survey

Sep 29, 2014

CGG has signed an exclusive multi-client data agreement with the Ministère du Pétrole et des Hydrocarbures of the Republic of Gabon. The agreement will see CGG launch a new multi-client survey program to acquire 35,000sq km of BroadSeisTM…

MOL eyes further acquisitions

Sep 29, 2014

The UK offshore-focused subsidiary of Hungarian integrated energy company MOL has announced the completion of its senior management team, based in the Aberdeen. The creation of MOL Energy UK was announced in March this year. Since then…

Hydro Deck begins module offloading for Ichthys

Sep 26, 2014

Australia’s AG&P ALE Ventures deployed the Hydro Deck to deliver the first modules to the Inpex-operated Ichthys LNG project. Over the course of the project, the Hydro Deck will offload more than 200 large, pre-fabricated modules from sea to ground…

BP, Nalco Champion begin 10-year global framework agreement

Sep 25, 2014

Nalco Champion and BP plc representatives recently participated in a contract signing event to officially commemorate a new chemical managed services global framework agreement (GFA) between the two companies. The 10-year GFA was awarded to Nalco Champion at the beginning of Q2 2014…

Maersk Drilling names fourth UDW drillship

Sep 25, 2014

Maersk Drilling named their fourth ultra deepwater drillship this morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Maersk Voyager Image…

Upcoming Round 1 critical to Mexico's future

Sep 25, 2014

The results of Mexico’s upcoming bidding round for 109 exploration blocks and 60 producing fields could be crucial in determining the country’s future position as an oil and gas powerhouse, according to an analyst with research and consulting firm GlobalData…

Kongsberg Maritime Embient recognized by Marine Technology Society

Sep 24, 2014

Kongsberg Maritime Embient last week received the 2014 Compass International Award for outstanding contributions to the advancement of marine science and technology from the Marine Technology Society (MTS). The German subsea technology specialist and systems integrator…

Soma spends $37mn on exploration

Sep 24, 2014

Soma Oil & Gas Exploration, a Somalia-focused exploration company, today issued its audited annual report and financial statements for 2013. On 6 August 2013, Soma signed a Seismic Option Agreement (SOA) with the Ministry of National Resources of the Federal Government of Somalia…

DSM inks mooring contract with Repsol

Sep 24, 2014

Deep Sea Mooring (DSM) has secured a contract to provide a range of mooring services for Repsol's drilling operations on the Norwegian Continental Shelf. Under the contract, DSM will provide marine engineering services and deliver the mooring equipment…

Polarcus Adira begins TGS charter

Sep 24, 2014

Polarcus Adira is in transit from Las Palmas to the Gulf of Mexico to begin a 6-month charter for TGS. It will be Polarcus' first project in the US. The survey for TGS will cover an area of 11,500sq km. It will entail the towing of a…

2015 SPE Offshore Europe chairmen named

Sep 24, 2014

The Offshore Europe Partnership has announced the appointment of two co-chairmen for SPE Offshore Europe 2015, one of whom will lead the keynote program with the other leading the technical program. Michael Engell-Jensen (pictured below)…

Hurricane seeking Lancaster partner

Sep 24, 2014

Fractured basement reservoir explorer Hurricane Energy says future development of its Lancaster oil discovery west of Shetland on the UK Continental Shelf is expected to be through a phased approach.  The firm, which announced successful results of a well test on Lancaster earlier this year…

Parkmead lines up Skerryvore drilling

Sep 24, 2014

Site survey work has started at the Parkmead Group-operated Skerryvore oil prospect in the central UK North Sea.  The Skerryvore prospect has the potential to contain up to 122MMbo on a most likely, P50 basis, according to Parkmead. The…

Oyster takes central North Sea stake

Sep 23, 2014

Oyster Petroleum has entered into a farm-in agreement which will see it earn 25% interest in production licenes P.1948 in the central North Sea. License P.1948 covers blocks 29/7c, 12, 13 and 14 in the UK Central North Sea and includes the Shipley and Forwood Prospects…

Zidane development delayed

Sep 23, 2014

Germany's RWE Dea is will not submit a plan for development and operation (PDO) for the Norwegian Sea Zidane development in October as planned, the firm has said, citing the need to improve the project's economics. ”Further value enhancement…

Churchill Drilling celebrates 500th valve order

Sep 22, 2014

Churchill Drilling Tools, the provider of dart activated drilling tools, is celebrating the 500th deployment of its DAV MX CircSub. The DAV MX was recently selected by an operator for a dual gradient drilling project, and last year it was deployed at a record depth of 26…

Sierra secures financing for Mexican E&P projects

Sep 22, 2014

Mexico City-based Sierra Oil and Gas secured equity commitments of US$525 million on Friday to develop projects in Mexico’s recently opened energy sector. Sierra, Mexico’s first independent exploration and production company, plans to participate in exploration…

DNV GL: offshore wind to transmission grid safety

Sep 22, 2014

New DNV GL guidelines and practices are ensuring safe connection of offshore wind to the transmission grid. As offshore wind farms are being built farther from the coast and more offshore oil and gas installations are powered from shore…

Delta SubSea secures Hornbeck MPSV

Sep 22, 2014

Delta SubSea (DSS) entered into an agreement with a subsidiary of Hornbeck Offshore Services for the HOS Bayou for deepwater remote operated vehicles (ROV) operations in the Gulf of Mexico. The HOS Bayou is one of Hornbeck’s recently…

Polarcus completes Ireland Porcupine Basin 3D multi-client project

Sep 22, 2014

Polarcus completed acquisition of a major new 3D broadband multi-client project in the southern Porcupine Basin, offshore southwest Ireland. The 4300sq km survey, undertaken in partnership with ION GeoVentures, saw the 3D seismic vessel…

Siemens to buy Dresser-Rand

Sep 22, 2014

Siemens has agreed to acquire Dresser-Rand through the acquisition of all its New York Stock Exchange issued and outstanding common shares for us$83/share, in a $7.6 billion deal.  The takeover has been supported by Dresser-Rand's Board of Directors…

Lower oil price squeezes margins

Sep 22, 2014

At present we are seeing lower oil prices as a function of softer demand growth in both Europe and China combined with recent output increases from OPEC, particularly Libya, together with the ongoing surge in US production. In the short-term…

Kvitebjørn life extended to 2035

Sep 22, 2014

Statoil's Kvitebjørn field in the North Sea will see production increase by 220MMboe, or from 55% to 70% recovery rate, thanks to a new compressor installed on the 10-year-old Kvitebjørn platform, the firm said today. The compressor, installed 17 September…

17th Rio Oil & Gas closes with record business volume

Sep 19, 2014

The 17th Rio Oil & Gas, one of three major events of the industry in the world, has come to a close on 18 September. Some points highlighted by João Carlos de Luca, president of Brazilian Petroleum, Gas and Biofuels Institute (IBP) included the volume of business conducted…

Chevron exits the Netherlands

Sep 19, 2014

Chevron has agreed to sell its shares in Chevron Exploration and Production Netherlands, including its interest in Chevron Transportation, to Petrogas International E&P Coӧperatief, a subsidiary of Oman-based Petrogas E&P. 'Our decision…

2015 Barryroe drilling planned

Sep 19, 2014

Planning is underway for further drilling on the Barryroe discovery in the Celtic Sea offshore Ireland during 2015 with a view to reaching first oil by 2018, according to partner Landsdowne Oil & Gas.  The work is subject to a farm…

Petroceltic increases Egypt foothold

Sep 19, 2014

Petroceltic International's joint venture with Edison International Spa has been awarded the North Port Fouad Block, in the Egyptian Natural Gas Holding Company 2013 International Bid Round. North Port Fouad (Block 7), is offshore the Nile Delta and lies to the north of…

Dolphin cleared for Kara Sea work

Sep 19, 2014

Dolphin Geophysical has received confirmation from the Export Control Division of the Norwegian Foreign Department that the recently announced contract in the Kara Sea is not subject to the current trade restrictive measures against Russia…

Hydratight named first ASME PCC-1-2013 Appendix A qualifying organization

Sep 18, 2014

Following an independent audit by a team from Lloyd’s Register Energy, Hydratight says it is confirming its leadership position and its belief to be the world’s first ASME PCC-1-2013 Appendix A Qualifying Organization. Upon updating the…

Trelleborg secures supply contract

Sep 18, 2014

Trelleborg’s offshore unit secured a contract to supply a range of cable protection products for phase two of the offshore wind farm Fukushima FORWARD project, lead by Japanese Ministry of Economy, Trade and Industry. Trelleborg…

New buoys test wind speeds offshore US

Sep 18, 2014

Two massive, 20,000-pound buoys decked out with the latest in meteorological and oceanographic equipment will enable more accurate predictions of the power-producing potential of winds that blow off US shores. The bright yellow buoys — each worth about US$1…

Mermaid gets US$45M Middle East contracts

Sep 18, 2014

Thailand’s Mermaid Maritime Public Co. has been awarded two saturation diving services contracts valued at US$40 to $45 million in the Middle East Mermaid is using the DP3 multipurpose vessel Bourbon Evolution and will additionally deploy specialized diving equipment…

LQT delivers GOM platform facilities

Sep 18, 2014

LQT Industries engineered and built a new series of aluminum accommodation modules that will be utilized by a major oil and gas operator on a platform in the Gulf of Mexico. The buildings are 10ft x 35ft and weigh 16,000lb. The built modules…

Neptune bags Ichthys contracts

Sep 18, 2014

Neptune Marine Services has been awarded two subcontracts by McDermott Australia for the Ichthys LNG Project. McDermott is the appointed main contractor for the subsea umbilicals, risers and flowlines (SURF) engineering, procurement, construction and installation portion of the project…

Mozambique will host US$30 billion LNG project

Sep 17, 2014

Over US$30 billion will be committed in Mozambique to produce 20 million tonnes of LNG annually (mtpa), with the ports of Pemba and Palma to be redeveloped under a massive program. Mozambique's national oil company, Empresa Nacional de Hidrocarbonetos (ENH)…

Millionth barrel flows from Prirazlomnoye

Sep 16, 2014

The millionth barrel of oil has been produced at the Prirazlomnoye field, in Russia's Pechora Sea, in the Arctic, operator Gazprom Neft announced. The second tanker to deliver the oil to North West Europe in the next few days is currently being loaded…

Infield: Deepwater and ultra deepwater overview

Sep 15, 2014

The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…

Lancaster test proves better than expected

Sep 15, 2014

Fractured basement reservoir explorer Hurricane Energy says post-well data analysis of its 1km horizontal appraisal well 205/21a-6 well test in Q2 this year has shown better than expected results. The firm said the well, which tested…

Orlando development moves forward

Sep 12, 2014

Atlantic Petroleum says the Orlando field development in the UK North Sea continues to progress to end of 2016 field oil. The field, in Block 3/3b in the northern North Sea, is being developed as a subsea tie-back to the CNR International operated Ninian Central platform…

47 apply in latest Norwegian license round

Sep 11, 2014

Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…

Barents Sea duster for Statoil

Sep 11, 2014

Statoil Petroleum has drilled a dry wildcat exploration well on the Ensis prospect in production license (PL) 393 B in the Barents Sea.  The well, 7125/4-3, was drilled about 4km south of the 7125/4-1 oil and gas discovery and about 105km northeast of Hammerfest…

Deep Gulf deepwater GOM contract for Technip

Sep 11, 2014

Deep Gulf Energy II has awarded Technip a lump sum contract for the development of the deepwater, high-pressure, high-temperature Kodiak field, in Mississippi Canyon Blocks 727 and 771, in the Gulf of Mexico. The in 1472-1710m water depth…

Flow Research predicts new technology growth

Sep 10, 2014

A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…

GE enters Freeport LNG project

Sep 10, 2014

GE Oil & Gas announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors…

Statoil's latest fast track fields on stream

Sep 10, 2014

Statoil has brought on stream its two latest “Fast-track” fields, Fram H-North and Svalin C, in the North Sea. Fram H-North, north of Fram West in the Troll area, and Svalin C, in block 25/11 southwest of the Grane platform, are the eighth…

ABS certifies SKF to provide condition monitoring services offshore

Sep 09, 2014

The ABS (American Bureau of Shipping) certified SKF USA Inc. with ‘External Specialist Recognition’ to provide condition monitoring services to the offshore industry. The recognition follows a practical demonstration of ‘Condition Monitoring…

Wärtsilä’s LNGPac gets AIP certificate

Sep 09, 2014

The new Wärtsilä LNGPac has been granted an AIP (Approval in Principle) Certificate from the classification society DNV GL. The AIP Certificate covers Wärtsilä’s improvements to the original LNGPac. The new solution has removed the heating media skid and its pumps…

Ebola may disrupt West African oil & gas operations

Sep 09, 2014

Oil and gas exploration and production programs in West African states are under increasing risk due to the failure to contain the Ebola virus, potentially depriving the region’s economy of millions of dollars a day, according to an analyst with research and consulting firm GlobalData…

EMGS wins Petrobras contract

Sep 09, 2014

Petrobras awarded Electromagnetic Geoservices ASA (EMGS) a US$5.5 million contract for 3D EM data acquisition in Brazil. EMGS says all necessary permits are in place and the start-up of acquisition will be as soon as possible. The survey will be done using the vessel EM Leader…

Hansa targets Dutch drilling

Sep 09, 2014

Hansa Hydrocarbons hopes to start drilling in 2016 after completing a 3D seismic survey across '4Quads' licenses in blocks G18, H16, M3 and N1, offshore Netherlands.  The survey covered about 965sq km, 40 km to the north of the Wadden…

JFMS secures MeyGen contract to complete tidal array project

Sep 08, 2014

James Fisher Marine Services has been selected by MeyGen to complete the offshore marine installation elements of the initial stage of the project (Phase 1A). The 398MW tidal array project in Pentland Firth, Scotland follows the agreement…

Dolphin starts 3D Senegal survey

Sep 08, 2014

Dolphin Geophysical is to acquire and process a 7000sq km SHarp Broadband 3D survey offshore Senegal under a contract with Kosmos Energy.  The Dolphin high-capacity 3D vessel Polar Duchess (pictured) has started operations and it will take about four months to complete…

Sevan Louisiana issues continue

Sep 08, 2014

Sevan Drilling's cylindrical drilling unit, the Sevan Louisiana (pictured), continues to encounter operational difficulties due to the BOP and supporting systems, the firm said today (September 8). An original issue with the unit's BOP…

Accommodation vessel design launched

Sep 08, 2014

A new London-based firm co-founded by the former CEO of Cobalt has launched a US$30 million 'flat pack' accomodation barge design for use by the extractive and construction industries, including offshore oil and gas companies.  The barge-based new design…

Gazprom, PetroVietnam discuss holdings

Sep 05, 2014

Alexey Miller, chairman of the Gazprom Management Committee and Nguyen Xuan Son, chairman of the PetroVietnam National Oil and Gas Group Board of Director met at Gazprom headquarters 3 September to address the joint development of hydrocarbon resources in Vietnam and Russia…

Dolphin awarded 3D Kara Sea survey

Sep 05, 2014

Dolphin Geophysical has been awarded an industry first ever 16 streamer 3D seismic contract for an undisclosed client in the Kara Sea.    The contract has a duration of approximately three months and will start in Q2 2015. Dolphin will…

Polarcus bags Sakhalin seismic contract

Sep 05, 2014

Polarcus says JSC Dalmorneftegeophysica (DMNG), which has a joint cooperation agreement with Polarcus, has entered into a contract for 3D marine seismic acquisition services for a major energy company offshore Sakhalin.  The program, requiring two Polarcus A-Class vessels…

Tullow continues North Sea sale

Sep 05, 2014

Tullow Oil announced that its subsidiary Tullow Exploration & Production has agreed to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy, a subsidiary of Mercuria Energy Group…

Kosmos selects Dolphin for Senegal

Sep 04, 2014

Dolphin Geophysical has been awarded a contract for the acquisition and processing of a 7000sq km SHarp Broadband 3D survey off Senegal by Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess has commenced operations, which will be completed in approximately four months…

Tenaris purchases Socotherm Brasil

Sep 04, 2014

Tenaris is now the sole owner of Socotherm Brasil, having bought out Socotherm America's 50% share. The Socotherm Brasil coating facility, located beside the Confab welded pipes mill in Pindamonhangaba, São Paulo, was previously managed in partnership by Tenaris and ShawCor…

Oil giants join oil spill project

Sep 04, 2014

Big oil companies Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration are teaming up with Aptomar to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems…

DNV GL approves SGS permanent underwater wet welding repairs

Sep 03, 2014

DNV GL and Subsea Global Solutions LLC. (SGS) announced the completion of an extensive joint research and development program that allows permanent repairs to be carried out by underwater wet welding on certain areas of vessels. With DNV GL’s approval…

Ceona updates Amazon progress

Sep 03, 2014

Ceona has successfully floated the Ceona Amazon pipelay vessel from the Lloyd Werft yard in Bremerhaven, Germany, the company announced on 3 September 2014. Completion is scheduled for November. Work at Bremerhaven follows successful floatation at Crist yard in Poland back in April…

Iona plans growth spurt

Sep 03, 2014

Canada-based, North Sea-focused independent exploration firm Iona Energy has appointed two industry veterens to its ranks and said it plans to go on the acquisition trail as part of growth plans. Former Ithaca Energy CEO Iain McKendrick…

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