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Karoon Hires Stena Drillship for Peru

Nov 17, 2019

Australia exploration company Karoon Energy has signed an agreement with the drilling contractor Stena Drilling and oil company Tullow Oil to contract the Stena Forth drillship for Karoon’s Marina-1 exploration well located offshore Peru.'The Stena Forth has been contracted to drill one well…

SSEN Replaces Subsea Cables

Nov 17, 2019

UK-based Scottish and Southern Electricity Networks (SSEN) continues to make good progress with its project to replace of one of the two subsea electricity distribution cables that connect Orkney, archipelago off the northeastern coast,  to mainland Scotland…

DEA Announces Thor OWF Tender

Nov 17, 2019

The Danish Energy Agency (DEA) has published detailed material concerning central elements and questions which will be discussed at a market dialogue event on 25 Nov 2019 in Copenhagen for the Thor Offshore Wind Farm(OWF).Thor Offshore Wind…

Kim Heng Enters Taiwan’s OWP

Nov 17, 2019

Kim Heng Shipbuilding & Engineering (KHSE), wholly owned subsidiary of Kim Heng Offshore & Marine (KHOM), has entered into a Memorandum of Understanding (MoU) for offshore wind farm projects (OWP) in Taiwan.KHSE did not disclose the name of the other signatory…

OSV Collides With Tug Near Port Arthur

Nov 15, 2019

An estimate of 3,000 gallons of diesel fuel has been spilled as the result of a collision between an offshore supply vessel (OSV) and a tug near Port Arthur Texas, the U.S. Coast Guard said on Friday.The Coast Guard said it is responding to…

Swire Seabed Shuttered

Nov 15, 2019

Swire Pacific Offshore (SPO) announced that it will be closing its wholly owned subsea services subsidiary, Swire Seabed AS and its three associated companies as oilfield services firms continue to feel the effects of the pronged industry downturn…

IKM Wins Johan Sverdrup 2 Contract

Nov 15, 2019

Equinor has awarded the Johan Sverdrup Phase 2 Pipeline and Umbillical Detail Engineering contract to IKM Ocean Design. The contract is a continuation of IKM Ocean Design’s long term involvement in the Johan Sverdrup project, where the company…

Saipem/Subsea 7 Merger Would Create Subsea Giant

Nov 15, 2019

Services firm Saipem is considering a merger with rival Subsea 7 in an effort to weather the prolonged industry downturn, Bloomberg reported, citing unnamed sources said to have knowledge of the matter.Commenting on unconfirmed reports, Audun Martinsen…

Partners Target Subsea Gas Seperation

Nov 15, 2019

Aker Solutions said it is working with a group of leading oil and gas operators in a joint industry project that aims to make subsea gas separation a reality.Using CO2 injection to increase recovery rates in offshore oil and gas fields can improve the economics of a field significantly…

Equinor Dishes Inspection Contracts

Nov 15, 2019

Norwegian energy company Equinor said on Friday it has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf (NCS) and onshore plants in Norway.The frame agreements, which Equinor said are scheduled to be signed shortly…

Digital Technologies Driving Reserves Numbers Up

Nov 15, 2019

Operators have traditionally grown their resources and reserves through acquisition, exploration and producing more from an already-discovered field. Now, digital technologies are helping operators increase reserves.Wood Mackenzie research director…

Ocean Infinity Mobilizes Normand Frontier

Nov 15, 2019

Subsea technology and data company Ocean Infinity announced the launch of its third vessel, Normand Frontier. The vessel has now been mobilized, having been signed on a three-year year charter with the Norwegian ship owner Solstad Offshore, in December 2018…

P-68 FPSO Starts Production

Nov 15, 2019

The Petrobras-operated P-68 floting production, storage and offloading unit (FPSO) has begun producing oil and natural gas from the Berbigão field, in the Santos Basin pre-salt, in the deep waters offshore Bazil.P-68 is the fourth unit to come into operation for Petrobras in 2019…

Turkish Drillship Begins Drilling off NE Cyprus

Nov 15, 2019

The Turkish oil-and-gas drilling ship Fatih has started its operations off the coast of northeastern Cyprus, Turkish vice president Fuat Oktay said on Friday, despite warnings from European Union for Ankara to stand down.On Monday, the EU Foreign…

Lukoil Launches Phase 3 at Filanovsky Field

Nov 15, 2019

Russia's Lukoil said on Friday it had completed the construction of the first well as part of a third development stage of the V. Filanovsky oilfield in the Caspian Sea.The well was drilled with a floating jack up rig Neptune, mounted on a riser block platform…

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