North Energy has decided to divest the last of its Norwegian Continental Shelf (NCS) assets in order to recover from offshore tax losses amid low activity levels in the area, and the drop in oil prices. Map of PL 805…
Brazil's Petrobras is offering its 70% interest in the Maromba heavy oil field in the Campos Basin, offshore Brazil. Chevron also has a 30% and is also looking to divest the Campo de Maromba (BC-20A concession). 'The potential transaction…
Belgian firm GeoSea is to acquire offshore wind installation and service firm A2SEA from Denmark's DONG Energy and Germany's Siemens. A2SEA, which has been owned by DONG and Siemens since 2009, will continue to operate out of Denmark…
Cantium has taken over US supermajor Chevron’s Bay Marchand and Main Pass assets in the Gulf of Mexico. The takeover includes five fields located on the Gulf of Mexico’s Outer Continental Shelf (OCS) and in Louisiana state waters…
Otto Energy has farmed into the South Timbalier 224 (ST 224) lease, taking 25% stake in the Gulf of Mexico, with drilling expected to start later this year, and first production set for the end of 2018. Map of SM 71 (left) and ST 224 (right)…
Norway’s Petroleum Safety Authority (PSA) has granted Statoil consent to use the Sigyn subsea facilities. Image from Statoil. The Sigyn field is in production license 072. The field contains gas…
New Zealand Oil & Gas (NZOG) has entered a US$25 million (NZ$35 million) contract with Mitsui E&P Australia to purchase Mitsui's 4% interest in the Kupe gas and light oil field, offshore New Zealand. Kupe is offshore from South Taranaki in the Taranaki basin…
OMV (Norge) AS has received consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in block 7324/8 in the Barents Sea. Island Innovator. Image from Island Drilling…
Statoil has awarded Ocean Installer a contract for subsea installations and tie-in operations on Johan Sverdrup, Utgard, and Bauge. Normand Vision. Image from Ocean Installer. The…
Jan De Nul Group’s offshore jackup vessel Vole au vent installed the last blade of the last wind turbine at the Tahkoluoto offshore wind farm in Finland. Vole au vent jackup. Image from Jan De Nul…
AFGlobal has acquired Advanced Measurement (AMI), a provider of automation, controls and data management systems. AFGlobal says this acquisition enhances the company’s current upstream drilling, completion and production smart technology…
Timor GAP, the national oil company of Timor-Leste, has identified 'world-class prospectivity' southeast of the island that the company believes to be a game changer for explorations in the region. Located in the Timor-Leste Exclusive Area…
Statoil and its partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to the Aasta Hansteen development…
Total's Martin Linge development has been delayed a year following an investigation into a fatal accident at the Samsung Heavy Industries' yard in South Korea. On 1 May, six people were killed and more injured after a crane fell down on the Martin Linge wellhead bay module…
Statoil's Aasta Hansteen spar hull has been unloaded from Boskalis' Dockwise Vanguard heavy lift vessel and is being 'righted' in a fjord in Norway. The process in Sunnhordland will take days as tens of thousands of water are pumped to move the spar from horizontal to vertical…
