Offshore Regions News - page 1391

 

Clair Ridge construction complete

Aug 02, 2016

UK supermajor BP has completed construction work of Clair Ridge, west of Shetlands Islands, bringing its US$6 billion investment closer to production. Clair Ridge. Image from BP United Kingdom Twitter…

Vaalco acquires more Etame Marin stake

Aug 02, 2016

Vaalco Energy entered into a deal with Sojitz Etame to acquire an additional 3.23% stake in the Etame Marin Permit, offshore of the Republic of Gabon, West Africa. Gabon operations. Image from Vaalco…

Fugro completes Hess Ghana work

Aug 02, 2016

Fugro completed a 33-month period of metocean data acquisition for Hess Ghana Exploration, offshore western Ghana. Measurements were made at three locations in an area offshore western Ghana known as the Deepwater Tano/Cape Three Points block…

Wintershall contracts DNV GL for Ravn and A6-A

Aug 02, 2016

DNV GL has been awarded a five-year contract to provide in-service verification work for Wintershall Noordzee's RAVN and A6-A platforms. The two platforms based in the North Sea are the unmanned RAVN in the Danish sector and manned A6-A in the German sector…

Europa secures Irish offshore extensions

Aug 02, 2016

Offshore Ireland focused Europa Oil & Gas has had its Phase 1 Frontier Exploration Licences (FEL) 2/13 and 3/13 in the South Porcupine Basin extended by one year to 4 July 2017. The extension will allow Europa to mature existing prospects…

Ithaca adds to GSA area assets

Aug 02, 2016

UK-based independent Ithaca Energy has expanded its holdings in the Greater Stella Area (GSA) through four agreements, which increases its stake in the Vorlich discovery and gives it an operated interest in the Austen discovery. Through agreements with ENGIE E&P…

OGA awards late-life contracts

Aug 02, 2016

The UK's Oil and Gas Authority (OGA) has awarded four contracts with a combined value of more than £6 million over three years for surface and subsurface studies to improve understanding and maximize value by integrating exploration, development…

Tanked up

Aug 01, 2016

Subsea oil storage solutions could help unlock marginal fields; how easy would it be? Elaine Maslin reports from a workshop that assessed the issue. The Solan subsea tank prior to installation…

Down but not out

Aug 01, 2016

The oil price crash brings subsea processing opportunities, says Rystad Energy’s Jon Fredrik Müller. The Åsgard subsea compressor manifold station was installed in summer 2013 with the Saipem 7000…

Small and smart

Aug 01, 2016

Power requirements are not always huge, nor are companies – and sometimes smaller can be better. Elaine Maslin reports on work to qualify lower power subsea variable speed drives. The 45kW subsea variable speed drive…

Making the best of Brexit

Aug 01, 2016

The big surprise over the last few weeks was of course the UK referendum decision to exit the European Union (EU). At first sight, it looks like a vote for independence over economics. While the first part of that is certainly true, the economic aspect should be measured in years…

De-engineering

Aug 01, 2016

Statoil is applying new concepts and new thinking to the Johan Castberg development on the Norwegian Continental Shelf. It’s a DC fiber optic future, Elaine Maslin reports. Transocean’s Polar Pioneer semisub drilled the Skrugard prospect in 2011…

Osbit delivers Siem Helix 1 equipment

Aug 01, 2016

Osbit has successfully completed and loaded out US$3.96 million (£3 million) worth of well intervention equipment to Helix Energy Solutions, for installation in Schiedam on Helix’s chartered Siem Helix 1 vessel.  The multi-million dollar…

Transocean to acquire subsidiary, three vessels

Aug 01, 2016

Transocean has agreed to acquire all of the outstanding common units of Transocean Partners not already owned by Transocean in a share-for-unit merger transaction that will also see the Houston-based company takeover three vessels. In the merger…

Anadarko’s Heidelberg

Aug 01, 2016

In this video, Anadarko talks about its Heidelberg project, in the Green Canyon area of the Gulf of Mexico. Heidelberg, which came onstream four months ahead of schedule in January 2016, is an 80,000 b/d floating production facility…

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