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OE Press: 2017 / May

Wednesday, 31 May 2017 15:18

Transocean completes jackup sell to Borr

Transocean has completed the sell of its jackup fleet to Borr Drilling for a total consideration of approximately US$1.35 billion. The sale included the company’s…
Wednesday, 31 May 2017 10:58

Baker Hughes, GE gain EU clearance

Baker Hughes and GE have gained clearance from the European Commission (EU) for the duo’s proposed merger. “The companies remain confident in the value that the combined…
Wednesday, 31 May 2017 10:20

Mermaid wins Middle East, Asia work

Mermaid Maritime has inked US$26 million worth of contract in the Middle East and Southeast Asia. In the Middle East, the DP2 dive support vessel…
Wednesday, 31 May 2017 09:31

Sevan Developer delayed again

Sevan Drilling has announced yet another delivery deferral agreement for the Sevan Developer. This time, the delay has been extended to 30 June 2017 to…
Wednesday, 31 May 2017 09:23

Bourbon, Kongsberg sign digitization pact

Bourbon and Kongsberg Maritime have strengthened their collaboration in digital solutions for next generation connected vessels by signing a strategic agreement of collaborative development on…
Wednesday, 31 May 2017 08:49

Statoil hires Deepsea Bergen

Odfjell Drilling signed a letter of award (LoA) today (31 May) with Statoil to secure the Deepsea Bergen for drilling activities in 2018-2019. The LoA…
Tuesday, 30 May 2017 15:17

Kotug in Brent Delta assist

Kotug International’s offshore division assisted Allseas with the transfer and transport of Shell’s Brent Delta topsides after the record-setting removal of the structure by Pioneering…
Otto Energy has entered into binding agreements to raise US$8.2 million to develop the company’s oil project in the South Marsh Island 71 license (SM-71)…
Norway’s Petroleum Safety Authority (PSA) has granted Eni consent to use Scarabeo 8 at Goliat, which will drill two production wells, in the Barents Sea.…
Six of the offshore exploration wells that are set to drill in the UK in 2017 have an average pre-drill prospect volume of over 100…
Oil Spill Response Ltd. (OSRL), Trendsetter Engineering and Halliburton have signed a memorandum of understanding (MoU) for integrated subsea well-capping response solutions. With the MOU,…
Tuesday, 30 May 2017 09:17

Allseas bags Valhall removal work

Image of Olav Henriksen (SVP Projects, Aker BP, left) and Pieter Heerema (Projects, Allseas) at the signing ceremony in Stavanger 29 May 2017. Image from…
Inpex's Ichthys Explorer, the world's largest semisubmersible platform safely arrived in the Australian waters of the Browse basin, marking a milestone for the Ichthys LNG…
Wärtsilä signed an agreement with Eidesvik Offshore to install a hybrid system with batteries on board of its vessel Viking Princess. Image of the Viking…
Friday, 26 May 2017 08:40

Cairn spuds FAN South-1

Cairn Energy and the Senegal joint venture have spudded the FAN South-1 exploration well into the South Fan prospect, according to partner FAR Ltd. Map…
Thursday, 25 May 2017 14:22

Octanex to drill at Ophir

The NAGA 2 self-elevating mobile offshore drilling unit is set for mobilization to the Ophir oil field offshore Malaysia, according to Octanex. Map of the Ophir…
Thursday, 25 May 2017 12:59

Lundin buys Statoil's IPC stake

Statoil has sold its stake in International Petroleum Corp. (IPC) to Lundin Petroleum in a US$90.2 million deal. Lundin Petroleum BV (LPBV), IPC’s wholly-owned subsidiary,…
Petrobras is exercising its preferential right for the second and third bidding rounds for three areas in a move to maximize the value of its…
Petróleo Brasileiro (Petrobras) has a won a legal battle for the sale of a set of shallow water fields, in the states of Ceará and…
CGG’s Multi-Physics business line has launched its Multi-Physics Imaging group, consolidating its recognized expertise in multi-physics data processing and interpretation, trusted technical consulting services and specialized commercial…
Thursday, 25 May 2017 09:54

Eni to explore Oman offshore

Italy-based Eni has signed a memorandum of understanding (MoU) with Oman Oil Co. to jointly explore opportunities in oil and gas, including an offshore block…
Thursday, 25 May 2017 08:56

Faroe spuds Brasse appraisal

Faroe Petroleum started drilling the Brasse appraisal well 31/7-2S in the Norwegian North Sea. Map of Brasse, from Faroe. The main objectives of the appraisal…
Hess Corp. signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations and maintenance, integrity management, subsea, and…
Oceaneering International subsidiary Oceaneering Canada Ltd., has entered into a 10-year deal with a major international oil and gas company to provide remotely operated vehicle…
Pedro Parente (right), CEO of Petrobras, and Robin Watson, CEO of Wood Group, are to speak at the opening plenary session at SPE Offshore Europe…
Thursday, 25 May 2017 05:04

Kraken set for June first oil

EnQuest's US$2.6 billion Kraken heavy oil field development is on track for first oil before the end of June, according to the North Sea independent. …
Hyperdynamics started drilling operations earlier this week at the Fatala turbidite fan prospect offshore Guinea, West Africa. On 21 May, the Pacific Scirocco drillship entered Guinea shelf…
ExxonMobil has awarded Maersk Drilling a contract extension valued at US$22.5 million for the ultra deepwater drillship Maersk Viking. The three-year contract, originally scheduled to…
The Norwegian Petroleum Directorate (NPD) has granted Statoil consent to start-up production from the Gina Krog field in the North Sea, which the Norwegian giant…
Tuesday, 23 May 2017 09:51

Jadestone exits Bone PSC off Indonesia

Jadestone Energy has withdrawn from the Bone production sharing contract (PSC) offshore Indonesia, with partner AziPac ready to take over. Map of the Bone PSC,…
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