Offshore Regions News - page 1789


BP, CNOOC sign new PSC

Jul 16, 2013

BP and China National Offshore Oil Corp. (CNOOC) Ltd. signed a production sharing agreement for Block 54/11 in the South China Sea, the two companies confirmed on July 16. The block covers 4586sq km in water depths ranging from 370-2300m…

Remote caisson inspection gets a hand

Jul 16, 2013

Caisson inspection can be crucial for long term integrity, especially of firewater systems. Graham Marshall, subsea project manager, Sonomatic The deterioration and failure of caissons, and associated supports, is a core industry concern for several reasons…

Lundin spuds Gohta well

Jul 16, 2013

Lundin Petroleum AB commenced drilling of exploration well 7120/1-3 in PL492 in the Barents Sea. The well will target the Gohta prospect, which is located 150km northwest of the Norwegian coast, approximately 185km northwest of Hammerfest…

Premier sells Vietnam subsidiary

Jul 16, 2013

London-based Premier Oil plc announced it will sell its 100% stake in subsidiary Premier Oil Vietnam South BV (POVS) for a consideration of US$100 million. POVS holds 30% interest in Block 07/03 off Vietnam, which is located in the Nam Con Son Basin…

EOR: A core topic in the North Sea

Jul 15, 2013

Industry and government bodies think there is still a strong future in the UK North Sea, but they are not complacent about the challenges the basin faces. After more than 40 years of production from the North Sea, with declining output…

Olympus TLP begins journey

Jul 15, 2013

Shell’s largest tension leg platform began its trek from the Kiewett Offshore Services yard in Ingleside, Texas to Shell’s Mars field in the Gulf of Mexico over the weekend of July 13, 2013. The Olympus, a 120,000-ton, 406 ft-high platform is being transported by tugboats…

Thai prospect disappoints

Jul 15, 2013

Salamander Energy plc announced that its G4/50-4 exploration well on the Rayong prospect in the Gulf of Thailand has been plugged and abandoned following disappointing results. The well, which was drilled to a total vertical depth of 1889m by the Atwood Mako jackup…

Keppel secures Grupo R jackup

Jul 15, 2013

Mexican drilling company Grupo R awarded Keppel Offshore & Marine subsidiary Keppel FELS a construction contract worth US$206 million for a newbuild jackup rig. The KFELS B Class design jackup is scheduled for delivery in 4Q 2015. Keppel…

SPE Brings Student Competition to Europe

Jul 12, 2013

About 50 students from across Europe will take part in the inaugural Society of Petroleum Engineers (SPE) Europe Petro League, which will be hosted by the Aberdeen Section during the Offshore Europe conference, 3-6 Sept. This competition…

Harkand builds ROV support vessel

Jul 12, 2013

Harkand is pursuing its investment strategy in Asia Pacific with the addition of a multi-million dollar newbuild ROV support vessel and the appointment of a new general manager to lead future growth. The vessel, to be named Harkand Harmony…

AGR Seabed Intervention and Marin form alliance

Jul 12, 2013

AGR Seabed Intervention and Marin have decided to form a strategic alliance in work for clients in the oil, gas and renewable sectors. The two ultra deep-water specialist recovery and excavation companies will bring  together their knowledge…

Nations may designate two Antarctic Marine Protected Areas

Jul 12, 2013

A group of 24 nations and the EU are meeting in Bremerhaven, Germany, July 11-16, to discuss revised proposals to create two marine protected areas (MPAs) in the ocean surrounding Antarctica. If approved, these may become the largest marine reserves on Earth…

Bowtech delivers chain stopper monitoring system for BP Quad 204

Jul 11, 2013

Bowtech Products Ltd, a global market leader in subsea vision systems, announced on 9 July 2013 that it delivered a £100,000 Chain Stopper Monitoring System to SBM Offshore, to monitor the chain stoppers during installation of the BP Quad 204 Turret Mooring System (TMS)…

Leak reported off Louisiana

Jul 11, 2013

An Energy Resource Technology (ERT) well, located within the Ship Shoal block 225, has been leaking a mixture of gas, salt water, and light condensate to the surface of the Gulf of Mexico since Monday July 8, 2013. Talos Energy—Houston…

ABB wins $27 million offshore automation contract

Jul 11, 2013

ABB has won an order from Statoil for the upgrade of safety and automation systems at the important Heimdal platform in the North Sea, off Norway. The agreement with Statoil was signed in the second quarter of 2013. ABB’s scope comprises…

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