Activity News


Songa won’t pay Daewoo cost overruns

Jul 20, 2015

Daewoo Shipbuilding and Marine Engineering (DSME) delivered notices of arbitration regarding the construction contracts for Cat D-rigs to be delivered to Songa Offshore, according to Songa Offshore CEO, Bjørnar Iversen. In its 1Q 2015 interim financial report…

Maersk Drilling extends rig contract

Jul 17, 2015

Image: Heydar Aliyev/Maersk Drilling Maersk Drilling has been awarded a five-year contract extension for the semisubmersible Heydar Aliyev rig with BP Exploration (Shah Deniz) acting as operator of  the Shah Deniz field…

Wintershall gets North Sea consent

Jul 16, 2015

Wintershall, operator for production license 248 in block 35/11 in the North Sea, has received consent to drill exploration well 35/11-18 in the North Sea. The formation into which the well will be drilled is designated 'Syrah'. Drilling…

Repsol, RSI announce joint technology project

Jul 16, 2015

Repsol and RSI have signed a three-year, US$11.5 million agreement under which they will co-develop a state-of-the-art platform for the integrated interpretation and joint inversion of seismic and CSEM data within a rock physics modeling framework…

Energean completes 3D survey

Jul 16, 2015

Image: seismic vessel/ Energean Mediterranean and North Africa-focused Energean Oil & Gas completed a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala…

Polarcus accredited five DNV GL qualifications

Jul 16, 2015

Polarcus has recently completed a comprehensive verification process in collaboration with specialists from DNV GL to review and audit the company's procedures, methodology, data and calculations, software architecture, and technical…

Genesis to acquire GoM pipeline business for US$1.5 billion

Jul 16, 2015

Enterprise Products Partners LP executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business to Genesis Energy, LP for approximately US$1.5 billion in cash. Image from Enterprise…

ARKeX gets east coast survey permit

Jul 15, 2015

ARKeX announced it has been awarded the first geological and geophysical oil and gas exploration permit by the Bureau of Ocean Management (BOEM).  The ARKeX survey will acquire an airborne broadband gravity and magnetic survey over Outer…

BATS delivers microwave systems

Jul 15, 2015

BATS Wireless announced the successful test and delivery of 10 of its stabilized microwave systems, including eight DVM ExP2 ATEX/IECEx Zone 1 systems for the Martin Linge Project – located off the coast of Norway. The systems, when installed…

Sea Truck gets first Brazilian award

Jul 15, 2015

Sea Trucks Group has announced the recent award of its first contract in Brazil. Sea Trucks will provide accommodation support services to Saipem for 300 personnel on board, including lifting operations, storage support and logistic support services for modifications works of an FPSO…

ABB receives Hyundai Heavy Industries orders

Jul 15, 2015

ABB received orders from Hyundai Heavy Industries for electrical and telecommunication systems. The order is worth around US$100 million, with about half booked in the 4Q of 2014, almost $27 million in the 1Q of this year and $20 million in 2Q…

Permasense opens Aberdeen office

Jul 14, 2015

Permasense has opened an Aberdeen office to demonstrate its commitment to upstream clients. This follows the recent launch of ET210 – Permasense’s product for the real-time monitoring of corrosion and erosion at upstream oil and gas assets…

MX Oil invests in offshore Nigeria

Jul 13, 2015

MX Oil agreed to invest in an indirect, non-operated 5% revenue interest in the OML 113 license, offshore Nigeria, which includes the Aje field, a substantial development stage project with proven, flow tested discoveries where production is expected by January 2016…

Why ‘Grexit’ worries weigh down oil price

Jul 13, 2015

As strained negotiations between the Greek government and European financial ministers enter the end-game, the impact on energy markets remains uncertain. Setting aside both the deeply troubling social impact for Greek citizens and other…

Viking Supply Ships, Eni, extend contract

Jul 10, 2015

Viking Supply Ships has extended the contract with Eni Norge for the Ice-classed AHTS Njord Viking. The vessel is now firm with Eni Norge till 31st December 2016.  Further, the charterer has the option to extend the charter period with 2 x 6 months…

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