Offshore Regions News - page 1215


Anadarko axes Bolette Dolphin contract

Jul 05, 2017

US Independent Anadarko Petroleum has terminated its contract with Dolphin Drilling's Bolette Dolphin drillship, the drilling contractor announced on 2 July. Dolphin, a subsidiary of Fred. Olsen Energy, said the termination will be effective at the end of August 2017…

Shah Deniz 2 QU topsides installed

Jul 05, 2017

BP has installed the topsides for the Shah Deniz Stage 2 quarters and utilities (QU) platform in the Caspian Sea, the supermajor announced this week, as the project inches closer to first gas in 2018. The QU platform topsides set sail…

SNC-Lavalin completes WS Akins takeover

Jul 05, 2017

Canadian company SNC-Lavalin Group has completed its acquisition of the UK’s WS Atkins. WS Atkins is a consultant company in design, engineering and project management, with a leadership position across the infrastructure, transportation and energy sectors…

Petrobras, CNPC form strategic pact

Jul 05, 2017

Petrobras and CNPC have signed a memorandum of understanding (MoU) in Beijing to structure a strategic partnership. The MoU was signed by Petrobras CEO Pedro Parente, and Wang Dongjin, VP of CNPC and CEO of PetroChina. The MoU will…

Mariner topsides ready for lift, field could hold more

Jul 05, 2017

In just two days’ time, work putting together one of the biggest and heaviest jigsaw puzzles you could imagine is due to start offshore Shetland in the UK North Sea. Mariner topsides. Images from OE Staff…

Sevan Developer to be delivered in 2020

Jul 05, 2017

Sevan Drilling has amended the delivery deferral period for the Sevan Developer cylindrical drilling rig until 30 June 2020, effective upon receipt of US$25.3 million plus interest from Cosco (Qidong) Offshore Co. Ltd. (Cosco).   Sevan says that the receipt is expected by 31 July 2017…

Odfjell inks Total South Africa work

Jul 05, 2017

Deepsea Stavanger. Image from Odfjell. Total E&P South Africa has awarded Odfjell Drilling a one well plus one optional well to be drilled by the sixth generation semisubmersible…

COSLPioneer in Ettrick, Blackbird P&A

Jul 05, 2017

COSL Drilling Europe received a letter of intent (LOI) from Nexen Petroleum UK to carry out plugging and abandonment (P&A) work at the Ettrick and Blackbird fields in UK.  The work, which will be conducted by the semisubmersible, COSLPioneer…

Bluestream inks ONEgas ROV subsea deal

Jul 05, 2017

Bluestream has secured a five-year contract plus two-year extension with ONEgas, the combined business unit of Shell UK and the Nederlandse Aardolie Maatschappij (NAM) for the gas production on the Southern North Sea. Image from Bluestream…

Sheffield Forgemasters lands SHI GoM contract

Jul 05, 2017

Sheffield Forgemasters' offshore oil and gas specialist, Vulcan SFM, secured a US$7.1 million (5.5 million GBP) contract with Samsung Heavy Industries (SHI) to supply 73 steel castings ranging from 0.5-tonne to 19.5-tonne, for a semisubmersible oil platform…

Fugro nets Petrobras IRM extension

Jul 05, 2017

Fugro has been awarded a further two-year contract by Petrobras to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil. The new award follows Fugro’s successful completion of an initial 12-month contract for the oil major…

How to reduce oilfield bacteria

Jul 04, 2017

Simple tweaks to oilfield practice could provide the offshore industry with a more sustainable, money-saving solution to health and safety, environmental and commercial threats posed by harmful bacteria in subsea oil deposits, according to…

ONGC buys into Namibian offshore

Jul 04, 2017

India's ONGC Videsh has signed definitive binding agreements with Tullow Oil to acquire a 30% stake in a license offshore Namibia, marking its entry into the Namibian offshore. Namibia Petroleum Exploration License 0037 covers Blocks 2112A…

Decommissioning: Mission possible at OE17

Jul 04, 2017

According to latest figures from Oil & Gas UK, decommissioning is the only business area where expenditure increased last year on the UKCS, from just over US$1.2 billion (£1 billion) in 2015 to $1.5 billion (£1.2 billion) in 2016. Expenditure is expected to rise further in 2017 to around $2…

Yinson divests stake in its West Africa subsidiary

Jul 03, 2017

Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa).  The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…

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