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Cape Wind to surrender US lease

Dec 05, 2017

US wind developers Cape Wind have applied to relinquish its lease offshore Massachusetts, which at one time had been set to be America's first offshore wind farm. A series of setbacks endured by Cape Wind allowed the honor of America's first…

Fewer applicants in Norway's 24th licensing round

Dec 05, 2017

Norway's latest offshore licensing round, focusing on the Barents Sea and Norwegian Sea, has drawn fewer than half the number of companies than its previous round attracted.  Just 11 companies have applied for production licenses in the 24th licensing…

VIDEO: New umbilicals facility opens in Houston

Dec 05, 2017

Seanamic Group’s Umbilicals International has opened a new quayside manufacturing site in Channelview, Texas – just 30 minutes east of downtown Houston – today (5 December).  Umbilicals International's Channelview facility…

Yamal LNG production begins

Dec 05, 2017

The Yamal liquefied natural gas (LNG) liquefaction plant has started production, with the first LNG cargo export scheduled for 8 December. The Christophe de Margerie tanker, named for the former Total CEO…

Greenfields, SOCAR to jointly drill at Bahar

Dec 05, 2017

Greenfields Petroleum subsidiary Bahar Energy Operating Company (BEOC) and SOCAR Complex Drilling Works Trust (SDT), a subsidiary of the State Oil Company of the Republic of Azerbaijan (SOCAR), have signed a memorandum of understanding to…

Sembcorp inks LOI for Shell's Vito development

Dec 05, 2017

Sembcorp Marine and Shell have signed a letter of intent for Sembcorp to construct the hull and topside for Shell’s Vito floating production unit (FPU). Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters also will handle integration of the FPU…

West Phoenix to drill at Fenja field

Dec 05, 2017

VNG Norge, part of German group VNG, has lined up a drilling for for work on the Fenja development in the Norwegian Sea.  VNG Norge has issued a letter of intent (LOI) to North Atlantic Norway for the semisubmersible drilling rig West…

Statoil submits Johan Castberg PDO, $35/bbl breakeven

Dec 05, 2017

Norway's Statoil, with partners Eni (30%) and Petoro (20%), has submiited a plan for US$5.9 billion (NOK49 billion) development and operation for the Johan Castberg field in the Norwegian Barents Sea. The development cost is more than half of the original estimated cost for the project…

Total, Sonangol move Zinia 2 forward

Dec 04, 2017

Total and Sonangol have reached an agreement for the second phase of development of the offshore Zinia field, paving the way for a final investment decision for the project. Pazflor FPSO. Photo from Sofec…

Fugro awarded contracts for US offshore wind work

Dec 04, 2017

Fugro has been awarded contracts by Ørsted to undertake geotechnical investigations at two large-scale offshore wind development sites. Ørsted is pursuing the development of these two new projects - Bay State Wind, located 15mi off the coast of Martha’s Vineyard…

Pancon awarded second offshore Namibia block

Dec 04, 2017

Pancontinental Oil & Gas has signed a petroleum agreement (PA) for its second block offshore Namibia. Under the agreement, the firm has committed to a four-year exploration program. Pancontinental also will become project operator with 75% interest in Block 2713 in the Orange Basin…

Tamar Petroleum looks to add Israeli stakes

Dec 04, 2017

Tamar Petroleum is negotiating with Noble Energy to acquire a 7.5% participation right in the I/12 Tamar lease and the I/13 Dalit lease offshore Israel. The company seeks to gain the interest through cash and private placement of company shares to Noble…

ExxonMobil acquires Mauritania stake

Dec 04, 2017

ExxonMobil will explore three deepwater blocks offshore Mauritania after signing production sharing contracts for them with the government of Mauritania. The company has acquired interests in Blocks C22, C17 and C14, which encompass almost 8…

Lundin spuds Hurri, southern Barents Sea

Dec 04, 2017

Swedish headquartered Lundin Petroleum has started drilling on the Hurri prospect in the southern Barents Sea, offshore Norway. Exploration well 7219/12-3, in PL533, is about 2 km southwest of the Filicudi oil discovery and south of the Statoil-operated Johan Castberg development…

Japan, Scotland subsea research funding call launched

Dec 04, 2017

UK subsea industry body Subsea UK is working with Scottish Enterprise to promote research and development projects between Japan and Scotland, aimed at solving complex subsea challenges, particularly through use of digital technologies.  The…

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