Norway's TGS has inked two new seismic vessel contracts with Norwegian geoscience firms Shearwater GeoServices and Polarcus, for surveys in Europe. Shearwater GeoServices has agreements for two surveys, one firm and one optional, starting between March and May 2017…
Italian contractor Saipem has inked a contract for use of Solstad Offshore's construction support vessel (CSV) Normand Installer as part of offshore installation works on the Jangkirk floating production unit (FPU) offshore Indonesia. The Jangkrik FPU is a part of Jangkrik Complex Project…
Norway's Electromagnetic Geoservices has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL at new and improved commercial terms. The new terms are valid through 1 October 2019 with an option to extend the new agreement through 1 April 2021…
Government agency Scottish Enterprise has revealed a new Subsea Engineering Action Plan with the aim of capturing an even bigger slice of the current £50 billion global subsea market. The news was announced as Scottish Government Minister for Business…
Sparrows Group has secured a contract to provide crane management services at the Kraken field in the UK North Sea. Over three years, Sparrows will provide support during the pre-operations and operations phase aboard the floating, production…
DOF Subsea North America has appointed Greg Donnelly as the new general manager of the DOF Subsea US team. Donnelly assumed responsibilities 16 January 2017 and will report directly to Marco Sclocchi, executive vice president North America…
Statoil awarded OneSubsea an engineering, procurement and construction (EPC) contract to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea. The scope of the contract includes a subsea template manifold system…
The US Bureau of Safety and Environmental Enforcement (BSEE) and the US Coast Guard are responding to a release of gas and condensate from a pipeline at West Cameron 165 in the Gulf of Mexico, approximately 32mi southwest of Cameron, Louisiana…
Searcher Seismic and partner CGG have started the PSDM reprocessing of about 1668sq km of 3D seismic data in the Carnarvon Basin, Western Australia. The project comprises broadband PSDM reprocessing of the Western portion of the existing Foxhound 3D Seismic Survey…
Denmark’s DONG Energy will divest its activities within the oil and gas business by the end of 2017. Image of a DONG turbine, from DONG Energy. The company has already 'initiated…
Industry funding will support TGS’ first new multi-client acquisition project in 2017, AM17 Atlantic Margin 3D in the Norwegian Sea. AM17 is a 40,000sq km project in the central-southern Norwegian Sea. The 3D survey will cover largely…
S.D. Standard Drilling, through wholly owned subsidiaries, has agreed to acquire three ST-216L CD platform supply vessels (PSVs) from Volstad Shipping, increasing its fleet to 10 PSVs. The vessels are to be acquired for a total en-bloc consideration of US$40 million…
China’s CNOOC has revealed its 2017 business strategy and development plan that includes a total of five new projects set to come onstream, and a capex that could reach US$10.2 billion (RMB 70 billion). Image from CNOOC…
Australia's Woodside says the Scarborough project could move into front end engineering and design in 2017, with a final investment decision by 2020. Woodside acquired a stake in the ExxonMobil-operated license, containing the Scarborough field…
Lundin is to take a non-cash impairment charge of US$632 million after deciding to take some 170 MMboe contingent resources in Malaysia and the Caspian Sea off its books. The Sweden-headquartered explorer said it was removing the resources…
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