Offshore Regions News - page 1284

 

Aibel lands Troll C FEED study

Nov 30, 2016

Aibel has been awarded a front-end engineering and design (FEED) study into the installation of a new gas module on Statoil's Troll C platform offshore Norway. The contract also has an option for the implementation of the project itself…

Centrica unveils Oda plan, first oil for 2019

Nov 30, 2016

Centrica is planning a US$637 million subsea tieback development of its 48 MMboe recoverable Oda field in the Norwegian North Sea. Oda, previously called Butch, was discovered in 2011, in 65m water depth about 250km southwest of Stavanger and 13km east of the Ula field…

Africa Energy, Pancontinental in Namibia farmout deal

Nov 29, 2016

Africa Energy Corp. has entered into a farmout agreement with a subsidiary of Pancontinental Oil & Gas pursuant to which Africa Energy will acquire a 10% participating interest in Petroleum Exploration License 37 offshore, Republic of Namibia (PEL 37)…

IHS: Decom spend to hit $13 billion/yr by 2040

Nov 29, 2016

The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This rapid trend toward decommissioning is causing spending to rise significantly…

Mexico reveals prequalified bidders for deepwater round

Nov 29, 2016

Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified for the country’s highly anticipated deepwater round set for next week…

Drone video of Glen Lyon

Nov 29, 2016

In this video, BP shows the Glen Lyon floating production and storage offloading (FPSO) from a drone’s point of view in the UK North Sea. The Glen Lyon FPSO is preparing for its start-up, and to process and store oil and gas from the redeveloped Schiehallion and Loyal fields.

Pryme acquires SengS Subsea

Nov 29, 2016

Pryme Group has announced the acquisition of Sengs Subsea Engineering Solutions.   Established in 2012, by Murray Kerr, SengS is an Aberdeenshire-based engineering company providing subsea engineering design consultancy, equipment testing and assembly…

Trellborg expands Houston team

Nov 28, 2016

Trelleborg’s offshore operation based in Houston has invested in a new Global Riser Analysis team to incorporate in-house mathematical simulation capabilities into its current engineering group. The Global Riser Analysis team consists…

L&T unveils spool base facility in Chennai

Nov 28, 2016

L&T Hydrocarbon Engineering Ltd., a wholly owned subsidiary of Larsen & Toubro, has unveiled high-tech spool base facilities at L&T’s fabrication facility at Kattupalli, in Chennai. These facilities are being employed to execute a prestigious…

Vaalco completes Etame Marin deal

Nov 28, 2016

Vaalco Energy has closed on the purchase of an additional 3.23% participating interest (2.98% working interest) in the Etame Marin Permit, offshore of the Republic of Gabon from Sojitz Etame, which represented the full interest owned by Sojitz Etame in the concession…

Atlantic requests operatorship of Orlando, Kells

Nov 28, 2016

Atlantic Petroleum issued notices to Iona Energy Co. (UK), which is in administration, to remove Iona as the operator of the Orlando and Kells licenses, offshore the UK. Atlantic has requested special meetings of the joint operating committees of UK Licenses P…

PSA investigating Scarabeo 5 fire

Nov 28, 2016

The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire which broke out in an engine room on the Scarabeo 5 drilling unit on 22 November 2016. A team from the PSA traveled out to the rig, which is working on the Njord field in the Norwegian Sea…

Statoil to drill Johan Sverdrup appraisal well

Nov 28, 2016

Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to drill well 16/2-22, an appraisal well, on the Johan Sverdrup field. The consent also applies to a possible sidetrack from this well. The Statoil-operated field, located around 140km west of Stavanger in the North Sea…

Leviathan partners secure funding

Nov 28, 2016

Partners in the Leviathan field offshore Israel have secured US$1.5-1.75 billion funding towards the field development project. Delek Drilling and Avner Oil Exploration secured the cash from HSBC Bank and J.P. Morgan. It will be released in tranches…

Hurricane agrees FPSO for Lancaster, plans to drill Halifax well

Nov 28, 2016

UK fractured basement player Hurricane Energy has agreed in principal deal for a floating production and storage offloading (FPSO) unit to develop its Lancaster field and is set to drill its nearby Halifax prospect, west of Shetland, UK. Under a heads of terms agreement…

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