Offshore Regions News - page 1247

 

Kraken FPSO hooked up, on track

Feb 17, 2017

UK independent EnQuest says first oil from its US$2.6 billion Kraken heavy development in the UK North Sea is on track for Q2 after hook-up works completed.  The Kraken development, about 125km east of the Shetland Islands, off Scotland…

Wintershall to use iQx at Maria

Feb 16, 2017

Germany’s Wintershall will use AGR’s well data management and analysis software tool iQˣ for its Maria field on the Norwegian Continental Shelf (NCS). iQˣ is designed to optimize well performance and drilling management by providing a data and knowledge management platform…

CGG completes Bapco AGG survey off Bahrain

Feb 16, 2017

CGG has completed the acquisition and processing of the first-ever airborne gravity gradiometry (AGG) survey of the Kingdom of Bahrain. Conducted on behalf of the Bahrain Petroleum Co. (Bapco), this was the first commercial survey to be acquired worldwide using FalconPlus…

Shell loses MISC Gumusut-Kakap arbitration

Feb 16, 2017

Malaysia's MISC Berhad has won its battle in court against supermajor Shell over contractual disputes concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS), offshore Malaysia that was filed last year…

TGT full field development approved off Vietnam

Feb 16, 2017

An updated full field development plan (FFDP) for the Te Giac Trang (TGT) field, offshore southern Vietnam, has been approved by the country's government.  The FFDP was formally submitted to the relevant authorities in Q4 2016, says partner in the Hoang Long joint operating company…

Amec appoints Asset Life Cycle president

Feb 16, 2017

Wood Group has appointed Alan Johnstone as president of its Asset Life Cycle Solutions business in Europe. Joining Wood Group from his position as Amec Foster Wheeler's managing director for upstream asset solutions, Alan brings almost three decades of North Sea…

Video: Eelume debuts snake-like underwater robot

Feb 15, 2017

In December 2016, the Norwegian underwater robotics company Eelume successfully built and demonstrated the world’s first snake-like underwater robot, constructed for offshore operations. Image from Eelume…

Energean to gain Israel funding, partner

Feb 15, 2017

Energean Oil & Gas stands to gain a US$50 million investment from Kerogen Capital for its Karish and Tanin gas fields, offshore Israel. The move could see the independent private equity fund manager take a 50% stake in Energean’s Israeli subsidiary…

Wintershall submits Skarfjell development plan

Feb 15, 2017

Germany's Wintershall has submitted its Skarfjell field development plans to Norway's Ministry of Petroleum and Energy. Image from Wintershall. The proposed solution, which was first revealed earlier this month…

Wärtsilä, PGS ink vessel service agreement

Feb 15, 2017

Wärtsilä and PGS Geophysical have signed a service agreement that makes Wärtsilä the preferred service supplier for engines and other Wärtsilä equipment. According to the agreement, Wärtsilä will take care of the maintenance of engines and…

ProSep awarded Troll B gig

Feb 15, 2017

Integrated process solutions provider ProSep will supply one ProDry unit to Statoil for the Troll B ZMP Project. ProSep’s project scope of supply – awarded through Aker Solutions – began in January 2017 and is expected to last approximately five months…

Driller points to 2018 potential uptick

Feb 15, 2017

UK-based semisubmersible rig operator Awilco Drilling has said global floater fleet utilization could finally start to recover from 2018. The firm says the decline in exploration and production spending seems to be bottoming out in 2017…

Spectrum drops Multiclient Geophysical offer

Feb 15, 2017

Norway’s Spectrum has dropped out of the race to acquire MultiClient Geophysical, after Geoex offered a bigger price tag for the company in a back and forth battle. Following Geoex’s announcement on 2 February of an increased offer price of NOK 1…

Irish license dropped after disappointing results

Feb 15, 2017

Offshore Ireland focused Lansdowne Oil & Gas has relinquished license SEL 4/07 following disappointing results from the Midleton prospect well. Lansdowne had 20% interest in the license, alongside Petronas subsidiary PSE Seven Heads, with 80%…

Wood Group updates ENVision

Feb 15, 2017

Wood Group has developed a new version of its ENVision software. The real-time environmental information management software system for process and industrial plants provides emissions monitoring, troubleshooting, data gathering, interpretation and complete reporting to regulatory agencies…

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