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OE Press: 2017 / July

Monday, 31 July 2017 09:53

Statoil gains Barents wildcat permit

The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wildcat well 7435/12-1 in the Barents Sea. Map of 7435/12-1, from NPD. Well 7435/12-1…
Monday, 31 July 2017 08:45

Hess to start up North Malay in Q3

Map of North Malay basin, from Hess. Hess Corp. is ready to start production at its North Malay basin project offshore Malaysia in Q3 2017.…
Anadarko Petroleum has finalized two agreements with Mozambique's Government, paving the way for its LNG project offshore the east African country.  The "marine concessions" agreements…
Monday, 31 July 2017 03:57

Blue Whale semi starts sea trials

CIMC Raffles has started sea trials for the ultra-deepwater drilling rig Blue Whale II, following the completion equipment testing. The sea trials are expected to last…
NOV has signed a 10-year service and support agreement with Transocean, the oilfield services equipment provider announced today (28 July) in its Q2 2017 results. …
Friday, 28 July 2017 04:36

Windfire to acquire Namibia stakes

Windfire Capital has signed a letter of intent with DMiner Asset Management to acquire 76.5% in a license offshore Namibia. Windfire will acquire the stake…
Varel UK has signed a collaborative project with the University of Aberdeen to design and develop a new drill bit, which addresses the unique challenges…
Friday, 28 July 2017 03:34

Faroe ups Blane interest, sees upside

Faroe Petroleum has agreed to acquire a further 13.9935% interest in the producing Blane field in the UK North Sea from JX Nippon Exploration and…
Friday, 28 July 2017 03:23

First oil from Statoil's Byrding

Statoil and its partners have started production from the US$126 million (NOK 1 billion) Byrding field in the Norwegian North Sea. The project cost is…
All Coast LLC will enter the US offshore wind farm market with the development of the first Jones Act-compliant vessel built for offshore wind farm…
Thursday, 27 July 2017 11:33

Saipem nets Zohr order

Saipem and Petrobel have finalized offshore contract variations worth US$900 million for engineering, procurement, construction and installation (EPCI) activities in relation to the “Optimised Ramp…
Heerema Fabrication Group has been awarded the procurement and construction contract of the Albatros offshore transformer module (OTM) by Siemens AG on behalf of EnBW…
Thursday, 27 July 2017 08:20

Petronas to exit offshore Vietnam blocks

Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9…
Tullow Oil and Eco Atlantic Oil & Gas started a 2550sq km seismic survey earlier this month on the Orinduik Block offshore the Co-operative Republic of Guyana.…
Wednesday, 26 July 2017 10:08

Rouge Rock farms into Vulcan prospects

Rouge Rock has formally notified Melbana Energy of the exercise of its options to acquire a 45% participating interest in the AC/P50 and AC/P51 exploration…
Wednesday, 26 July 2017 04:25

Karoon eyes FPSO for Echidna off Brazil

Karoon Gas Australia is moving into front-end engineering and design on its Echidna light oil discovery in the Santos Basin offshore Brazil. The Echidna development…
Tuesday, 25 July 2017 10:46

Oil production ceases at Oyong field

Oil production from the Oyong field offshore East Java, Indonesia, ceased in June as part of the Sampang Sustainability Project, according to partner Cue Energy.…
Tuesday, 25 July 2017 10:10

W&T to drill at South Timbalier in GoM

W&T Offshore has secured the Enterprise Offshore 264 jackup rig to drill the South Timbalier Block 224 condensate prospect in the US Gulf of Mexico,…
Tuesday, 25 July 2017 03:31

Proserv inks Asia Pac decom work

Energy services company Proserv has been awarded a series of contracts worth around US$4 million for its well severance, platform and floating platform, storage and…
Island Constructor. Image from Island Offshore. Norway’s Petroleum Safety Authority (PSA) has granted Norske Shell consent to use the Island Constructor mobile drilling facility for the…
Oilfield giant schlumberger has revealed a slew of new contacts including a deal to supply equipment to the Leviathan field, offshore Israel, and to perform…
Friday, 21 July 2017 11:06

Sparrows, SPIE take on Moho Nord work

Total E&P Congo awarded Sparrows Group and SPIE Oil & Gas Services a crane maintenance contract on the Moho Nord development, offshore West Africa, in…
Friday, 21 July 2017 08:54

AGR bags Dana deal off Egypt

Global energy services and technology company AGR, has signed a SaaS (software as a service) contract with Dana Gas PJSC to supply the latest version…
Friday, 21 July 2017 08:17

Subsea 7 inks extensions off Brazil

Petrobras has awarded Subsea 7 extensions for three pipelay support vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil, with a total combined value of…
Thursday, 20 July 2017 04:04

Woodside's Persephone due onstream

Woodside Energy's Persephone project is set for start-up in August 2017, 30% under budget and six months ahead of schedule, the firm said this morning…
Thursday, 20 July 2017 03:31

Petrobras sets new pre-salt record

Brazilian oil major Petrobras set a new pre-salt production record in June.  The oil production Petrobras operates (own and partner shares) in the pre-salt layer…
Partners on the Leviathan gas project offshore Israel have opted to end a rig contract with Atwood Oceanics in favor of a cheaper deal.  Operator…
Wednesday, 19 July 2017 08:20

Shell joins digital twin JIP

A Eurostars-funded joint industry project (JIP) led by Akselos and LICengineering has announced the signing of Royal Dutch Shell as the first operator to participate…
Wednesday, 19 July 2017 03:48

IOG submits Blythe hub FDP

Independent Oil and Gas has submitted a field development plan (FDP) to the UK Oil and Gas Authority (OGA) for the Blythe Hub. The project…
Wednesday, 19 July 2017 03:30

First Hywind turbine heads to Scotland

The first of five turbines for Statoil's Hywind Scotland pilot floating offshore wind park has left Stord, Norway, for its final destination, the Buchan Deep,…
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