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OE Press: 2017 / October

Tuesday, 31 October 2017 12:08

Fugro starts Indian survey

Fugro started integrated survey work offshore India for the country’s oil and gas company ONGC, under a three-year contract valued at approximately US$7.7 million. The…
TechnipFMC and Petronas have signed a tripartite heads of agreement (THoA) to "leverage" their respective resources in areas including enhanced oil recovery and unmanned equipment. The…
Tuesday, 31 October 2017 10:08

Petrobras, BP to form strategic alliance

Petrobras and BP have signed a letter of intent (LOI) to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and elsewhere,…
Tuesday, 31 October 2017 08:26

First Wheatstone LNG cargo sets sail

The first shipment from Chevron’s Wheatstone liquefied natural gas (LNG) project in Australia has set sail for Japan. Wheatstone is Australia’s first third-party natural gas…
The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured,…
Tuesday, 31 October 2017 04:13

IOG submits Vulcan satellites FDP

Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Vulcan Satellites hub development in the UK North Sea to the…
Tuesday, 31 October 2017 04:07

Deepwater Hippocampe-1 dry for Kosmos

Kosmos Energy's Hippocampe-1 deepwater exploration well in Block C-8 offshore Mauritania was dry. The well, drilled in 2600m water depth, in partnership with BP, was…
Monday, 30 October 2017 14:47

Diamond rigs secure additional work

Two Diamond Offshore drilling rigs – semisubmersibles Ocean Apex and Ocean Patriot -- have secured contracts for additional work. Woodside Energy extended its contract for…
Monday, 30 October 2017 10:50

SOCO signs PSC for offshore central Vietnam

SOCO will acquire 70% operated interest in Blocks 125 and 126 offshore central Vietnam through a production sharing agreement (PSC) the company signed on 27…
Friday, 27 October 2017 12:12

Seadrill wins ABS MPD notation

Class society ABS issued a managed pressure drilling (MPD) notation to Seadrill’s West Capella ultra-deepwater drillship for demonstrating system compliance with the ABS Guide for…
Friday, 27 October 2017 04:44

Eighth well on Vladimir Filanovsky drilled

Russia's Lukoil has completed the drilling of its eighth well at Vladimir Filanovsky field in the Caspian Sea. The well is a horizontal producing well,…
Friday, 27 October 2017 03:48

Talos adds to Phoenix resource

Talos Energy has completed its Tornado II exploration well and side track in the Phoenix field of the Green Canyon area of the Gulf of…
Thursday, 26 October 2017 03:32

CGG to survey Ivory Coast offshore

French geoscience firm CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire…
Wednesday, 25 October 2017 13:00

Fugro to study seeps off Eastern Canada

Fugro has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round. Bathymetry,…
Wednesday, 25 October 2017 03:41

Drilling starts on Tambar development project

Drilling operations have started on the Tambar development project in the producing Tambar field offshore Norway, says partner Faroe Petroleum. The Tambar and Tambar East…
Houston Energy has been awarded the South Timbalier 235 (ST 235) lease in the US Gulf of Mexico Central Lease Sale 249, says partner Otto…
Wednesday, 25 October 2017 03:19

Mitsui to take up to 50% in AKOFS

Norwegian investment firm Akastor and Japan's Mitsui have entered into a memorandum of understanding which could see the Japanese firm, together with potential partners, invest…
Tuesday, 24 October 2017 15:21

Statoil christens Empire Wind off NY

Statoil has branded its offshore New York wind site, Empire Wind. The 79,350 acre site is off the southern coast of Long Island, New York.…
Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report…
Tuesday, 24 October 2017 09:04

250 jobs to go in HMC restructuring

Heerema Marine Contractors (HMC) has said about 250 job losses will be made as a part of a restructuring caused by the downturn in the…
French cabling firm Nexans has been chosen to supply 3000km cables for the Nasr Phase II full field development project offshore Abu Dhabi in the…
French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in…
Monday, 23 October 2017 03:22

Addax extends FPSO contract

BW Offshore subsidiary Sendje Berge has agreed the terms of a contract extension for the floating production, storage and offloading (FPSO) vessel Sendje Berge with…
Byron Energy has completed the installation of a 500ft, 4in oil and 7000ftm 6in gas pipelines on the South Marsh Island 71 (SM 71) oil…
Friday, 20 October 2017 11:53

KrisEnergy spuds East Mayura off Thailand

KrisEnergy has spud the East Mayura-1 exploration well in the G10/48 contract area in the Gulf of Thailand, the operator announced on 20 October. The…
Friday, 20 October 2017 04:00

Petrobras picks MODEC for Sepia FPSO

MODEC has signed a contract for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel with Brazil's Petrobras on 13 October…
W&T Offshore has started drilling on the ST 224 #1 exploration well in the South Timbalier 224 lease in the US Gulf Of Mexico, according…
Friday, 20 October 2017 03:47

Heerema inks Leviathan vent boom contract

Heerema Fabrication Group (HFG) has been awarded the procurement and construction contract for Noble Energy's Leviathan development vent boom under Heerema Marine Contractors' transport and…
Friday, 20 October 2017 03:04

Aker inks longest ever umbilical contract

Aker Solutions says it has won a >US$200 million (NOK 1.6 billion) order to deliver the largest umbilicals system ever - without naming the client…
MHWirth has secured a contract from Wood Group Canada for a drilling package, including equipment, engineering and services for the West White Rose Project offshore…
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