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Cotemar suspends Safe Lancia charter

Mar 16, 2016

The Cotemar Group is suspending a charter for the Safe Lancia semisubmersible accommodation vessel offshore Mexico, after being impacted by Pemex’s spending cuts. Vessel owner Prosafe says the suspension will be from mid-March, and the vessel will be demobilized to a suitable lay-up location…

Statoil must improve at Gudrun

Mar 16, 2016

The Petroleum Safety Authority of Norway (PSA) has given orders to Statoil to make improvements at the Gudrun platform in the North Sea, following an investigation of one of the largest hydrocarbon leaks on the Norwegian Continental Shelf that occurred more than a year ago…

Taxes halved for North Sea operators

Mar 16, 2016

North Sea producers have been given a tax break in the UK Government's 2016 Budget, announced today.  Amid falling oil prices, high costs and falling production, Chancellor George Osborne had already made some tax reductions and created…

World-scale LNG potential at Mauritanian discovery

Mar 16, 2016

Kosmos Energy says its Greater Tortue Complex offshore Mautitania has the potential to create a new 'world-scale' LNG development, following the results of its latest appraisal well. The firm said the results of its Ahmeyim-2 appraisal well…

Sterling withdraws from Mauritania block

Mar 16, 2016

Sterling Energy is to withdraw from the Block C-3 joint venture, offshore Mauritania. The move will see Tullow Oil take over Sterling's 40.5% share in the production sharing contract (PSC) for Block C-3. Upon completion, the holders of the PSC will be: Tullow (Operator) 90%…

Statoil upgrading Vigdis jumper

Mar 16, 2016

Statoil has exercised an option with Ocean Installer for flexible jumper replacement at the Vigdis field. The option falls under an amendment to the previously awarded SLMP Marine Installation contract. Vigdis is in block 34/7 in the…

Obama bans Atlantic coast drilling

Mar 15, 2016

The Obama Administration has decided to rescind a proposal to drill off the US Atlantic Coast in 13 areas, due to current market dynamics, strong local opposition, and conflicts with competing commercial and military ocean uses, the US Department of the Interior (DOI) said today (15 March)…

XACT deploys network in BP GoM well

Mar 15, 2016

XACT Downhole Telemetry deployed six deepwater Gulf of Mexico (GoM) deployments that provided real-time downhole data during a deepwater completion installation with BP. BP successfully accessed real-time downhole data throughout the well’s completion…

Tullow in Jubilee force majeure

Mar 15, 2016

Tullow Oil has declared force majeure on two cargoes from its Jubilee development, offshore Ghana, after issues with a turret bearing on the Kwame Nkrumah floating storage and offloading (FPSO) vessel, according to news reports. The Kwame Nkrumah…

SeeByte, Tritech collaboration produces Gemini 720is

Mar 15, 2016

SeeByte and Tritech International have integrated SeeByte’s target tracking capabilities into Tritech’s Gemini 720is multibeam imaging sonar software. This agreement sees the integration of Tritech’s Gemini 720is sonar with SeeByte’s tracking analytics…

Transocean to cut 80 Discoverer Americas jobs

Mar 15, 2016

Transocean will lay off about 80 jobs that were part of the Transocean Discoverer Americas ultra deepwater unit, which Statoil canceled in December. The Discoverer Americas, from Transocean. The 70-80 lay offs…

Cairn ups deepwater Senegal resource estimate

Mar 15, 2016

UK-based explorer Cairn Energy has increased its resource estimate on the major SNE discovery offshore Senegal by 20%, with potential for it to increase further, following successful appraisal work.  The deepwater field, sitting in about 1100m water depth…

Songa refinances as delays bite

Mar 15, 2016

Songa Offshore is looking to raise US$150 million in cash to help it deliver the fourth and final Cat D new build rig, the Songa Enabler. The firm has been building the rigs for client Statoil. But, lower than expected utilization rates on the first two delivered units…

Petrofac helping P&A Horne and Wren

Mar 15, 2016

Petrofac is supporting Tullow Oil on its decommissioning program for the Horne and Wren platform in the Southern North Sea.   The role sees Petrofac, which has been duty holder on the platform for more than 10 years, move into well plugging and abandonment operations on the field…

Harkand on Flyndre commissioning campaign

Mar 15, 2016

UK-based subsea inspection, repair and maintenance (IRM) firm Harkand has been awarded a multi-million pound contract with Maersk Oil to deliver subsea support services. The contract includes a commissioning support campaign for the Flyndre…

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