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OE Daily: 2017 / April

Allseas’ dynamically positioned single-lift installation and decommissioning and pipelay vessel Pioneering Spirit set a world offshore heavy lifting record yesterday, with the removal of Shell’s…
Friday, 28 April 2017 14:52

US to increase OCS drilling

US President Donald Trump signed executive orders today (28 April) to increase domestic energy production in the Outer Continental Shelf (OCS) Planning area including the…
Allseas’ dynamically positioned single-lift installation and decommissioning and pipelay vessel Pioneering Spirit has set a world lifting record, with the removal of Shell’s 24,200-ton Brent…
Thursday, 27 April 2017 14:27

BP ups Atlantis ante

BP says it has made “a major breakthrough” in seismic imaging that has identified more than 200 MMbbl of additional resources at its Atlantis field…
Thursday, 27 April 2017 11:38

Europa identifies 4 new Irish prospects

Europa Oil & Gas has identified four significant prospects at its frontier exploration license 2/13 (FEL 2/13) offshore Ireland that has upped its prospective resources…
Norway’s Petroleum Safety Authority (PSA) reported today (27 April) that it has found serious deficiencies at the Total-operated Martin Linge project, which is 42km west…
Wednesday, 26 April 2017 10:55

BHP spuds Wildling-2 in GoM

BHP Billiton spudded the Wildling-2 ultra deepwater well in the Gulf of Mexico earlier this month, and plans to spud the nearby Scimitar wildcat in…
Wednesday, 26 April 2017 05:08

Well intervention opportunity knocks

While well intervention spending has been hit harder than average industry cuts, the opportunities are still there to be had, not least from mature North…
The world’s heaviest offshore lift is primed to take place in the North Sea, on what was one of the largest UK fields, using the…
The world’s largest vessel has set sail today (25 April) to the UK North Sea Brent field, where it will perform the heaviest offshore lift…
Tuesday, 25 April 2017 07:31

Barents Sea resource boost

There are higher hopes for the Barents Sea as the Norwegian Petroleum Directorate (NPD) said the northeastern part of the basin contains more than double…
Gazprom-led Nord Stream 2 has signed financial agreements with five major energy companies, including supermajor Shell, for the Nord Stream 2 pipeline project. Nord Stream…
Ithaca Energy shareholders have approved a proposed takeover bid from Delek Group that will expand the Israeli company's presence in the North Sea.  Image from…
Friday, 21 April 2017 04:27

Prosafe scraps more vessels

Norway-based accommodation vessel operator Prosafe has sold another vessel for scrap and is planning to sell off another to the same end.  Image of the…
Friday, 21 April 2017 03:39

Aasta Hansteen spar sets sail for Norway

At 2:30 p.m. South Korean local time, Statoil's huge Aasta Hansteen spar - the world's largest and Norway's first - set sail from Hyundai Heavy…
Thursday, 20 April 2017 08:54

Woodside ups Myanmar well count

Woodside Petroleum has added a fifth well to its Myanmar drilling program, following successful results from the Thalin deepwater discovery. The company also revealed it…
ExxonMobil’s Hebron platform will be towed from the Bull Arm construction site next month, on its way to the Hebron field offshore Newfoundland and Labrador.…
Wednesday, 19 April 2017 09:04

Wintershall online at Ravn

Wintershall has started production from its first-ever operated Danish oil field, the Ravn field in the North Sea. The Ravn platfrom. Image from Wintershall. Ravn…
A federal court in Brazil has suspended the transfer of Petrobras' stake in the BM-S-8 exploration block, which contains the Carcará field, to Norway's Statoil,…
Monday, 17 April 2017 04:18

Rex eyes 2019 Rolvsnes test production

Test production from the Rolvsnes or Edvard Grieg South (EGS) discovery offshore Norway is expected to start in 2019, according to Rex International Holding, which…
Friday, 14 April 2017 09:24

CNH delays Pemex's 2nd farmout deadline

Mexico is delaying the bid process for companies to partner with Petróleos Mexicanos (Pemex) for its shallow water areas Ayín-Batsil, by three months. Image from…
Lebanon has extended the deadline for the results of the second pre-qualification round in the country’s first-ever offshore licensing round, to give companies more time…
Wednesday, 12 April 2017 14:04

Providence to spud Druid, Drombeg in June

Providence Resources is set to drill a wildcat targeting the multi-billion bbl potential of both the Druid and Drombeg offshore Ireland this summer. The Stena…
Wednesday, 12 April 2017 09:31

Nord Stream 2, Allseas ink pipelay deal

Nord Stream 2 finalized a deal with Allseas for the offshore pipelay of the Nord Stream 2 natural gas pipeline though the Baltic Sea last…
Tuesday, 11 April 2017 08:39

Lundin hits oil at Edvard Grieg appraisal

Lundin Petroleum discovered a 15m oil column at the Edvard Grieg Southwest appraisal well in the North Sea, confirming an upside for the field. The…
Monday, 10 April 2017 13:46

BHP: Advisor’s proposal risky

BHP Billiton says that the costs and associated risks from a proposal by Elliott Associates, LP and Elliott International, LP (Elliott), which includes splitting off its…
Oil major Shell has not provided enough information about its plans for decommissioning the massive Brent field structures, according to a joint statement by eight…
Private equity backed independent Alpha Petroleum Resources is targeting first oil from its UK North Sea Cheviot oil field in 2019, after entering agreements with…
Friday, 07 April 2017 08:12

Hurricane triples Lancaster resources

Hurricane Energy has tripled its recoverable resource estimate for its Lancaster field in the North Sea to nearly 600 MMbbl. In its investor presentation, Hurricane…
Thursday, 06 April 2017 15:50

Rystad: 'Hiring poised to restart'

According to new research from analysts Rystad Energy, service companies are expected to start recruiting in the offshore industry again later this year, following a…