Offshore Activity - page 577

Updated: DEA submits Dvalin PDO

Oct 03, 2016

DEA has submitted the plan for development and operation (PDO) for the Dvalin field (previously named Zidane) to the Ministry of Petroleum and Energy in Norway. Dvalin will be the company’s first operated field development project in Norway…

Airborne begins TCP qualifications

Oct 03, 2016

Airborne Oil & Gas has started a project to qualify thermoplastic composite pipe (TCP) for a deepwater jumper spool application for French operator Total. The non-corrosive and spoolable TCP aims to provide cost effective spools, well jumper…

COSL receives delivery of two Wärtsilä designed AHTS

Oct 03, 2016

The Wuchang Shipbuilding Industry Group yard in China has delivered two new Wärtsilä designed anchor handling tug supply (AHTS) vessels to China Oilfield Services Ltd. (COSL).   The delivery of these two ships follows the success of the…

Reliance ends Discoverer India contract

Oct 03, 2016

India’s Reliance Industries has elected to terminate its contract with Transocean for the Discoverer India ultra deepwater drillship at the end of the year. The rig provider announced Reliance’s exercise to its contractual option to terminate the effective December 2016…

Emerson acquires Permasense

Oct 03, 2016

Emerson has agreed to acquire UK-based Permasense Ltd., a provider of non-intrusive corrosion monitoring technologies for the offshore and onshore oil production, refining, chemical, power, pipelines, metals and mining and other industries…

ROVOP takes delivery of Seaeye Leopard ROV

Oct 03, 2016

ROVOP, an independent subsea remotely operated vehicle (ROV) service provider, has expanded its fleet of ROVs for the US region by taking delivery of a Seaeye Leopard electric work class ROV. The ROV will be added to ROVOP’s existing capability at its Houston base…

Freeport-McMoRan plans merger to save Anadarko deal

Sep 30, 2016

Freeport-McMoRan (FCX) plans to merge its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G) with the parent company, after its proposed US$2 billion asset sale to Anadarko Petroleum failed to gain support from the company's lenders…

Total terminates Borgsten Dolphin contract

Sep 30, 2016

Dolphin Drilling and Total E&P UK entered into an early termination agreement that will move the Borgsten Dolphin support vessel to the cold stack list. Dolphin Drilling, a subsidiary of Fred. Olsen Energy (FOE), said the tender for support…

Maersk Oil to review growth plans

Sep 30, 2016

This week, Maersk Oil outlined plans to review the scope and scale of its headquarters organization over the next three months that will see its chief growth officer, Ebbie Haan, leave the company next month. The review is in response…

NYK finalizes EMAS Chiyoda interest

Sep 30, 2016

Japan-based Nippon Yusen Kabushiki Kaisha (NYK), EMAS Chiyoda Subsea Ltd. (ECS), Ezra Holdings, and Chiyoda Corp. completed a deal that sees NYK gain 25% stake in ECS. Through the acquisition of existing shares from Ezra and Chiyoda, NYK now holds a 25% equity interest in ECS…

BP inks three Egypt amendments

Sep 27, 2016

BP and Egypt’s minister of petroleum signed three amendments for concessions offshore Egypt, that will allow for the economic development of its giant Nooros project.   Image from BP. The…

Statoil ends West Epsilon contract

Sep 27, 2016

Norway's Statoil has issues an early notice of cancellation to North Atlantic Drilling on the West Epsilon harsh environment jackup. The West Epsilon was originally contracted for drilling services in Norway until the end of December…

Petrofac completes Tullow decom

Sep 27, 2016

Petrofac’s differentiated approach to decommissioning, in support of Tullow Oil’s well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved US$2.5 million compared to traditional approaches…

Norwest enters Xanadu-1 farmout deal

Sep 23, 2016

Norwest Energy entered into a farmout agreement with Transerv Energy and Triangle Energy (Global) Ltd. for the Xanadu-1, within TP/15, a block currently 100% owned by Norwest Energy (Norwest) via subsidiary Westranch Holdings. TP/15 is located in the offshore northern Perth Basin…

Topaz orders two more Vard vessels

Sep 22, 2016

Vard Holdings secured a contract worth about US$40 million for the design and construction of two additional module carrier vessels for Topaz Energy and Marine. The vessels, of VARD 9 21 design and measuring 123m by 16.5m, are sister…

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