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Faroe to drill Brasse duo with Deepsea Bergen

May 16, 2017

Norway’s Petroleum Safety Authority (PSA) has approved Faroe Petroleum to drill two exploration wells at the Brasse prospect in the North Sea, starting next month. Brasse (well 31/7-1) is some 97km west of Øygarden in Hordaland county in production license 740…

Oceaneering wins Appomattox installation contract

May 16, 2017

Oceaneering International will support the design, fabrication and installation of ancillary flowline hardware at Royal Dutch Shell’s Appomattox development in the Gulf of Mexico. Under the contract, Oceaneering will procure and install pre-lay and post-lay crossing mattresses…

Heerema inks Peregrino II jacket deal

May 16, 2017

Image of Koos-Jan van Brouwershaven, CEO, Heerema Fabrication Group; and Martijn Smit, general manager, South Atlantic Holding, signing the contract. Image from Heerema.  Heerema…

Decipher takes on Orlando stake

May 16, 2017

Atlantic Petroleum has completed the sale of its 25% interest of UK license P.1606 Orlando to Decipher Energy. The Orlando project is a planned subsea tieback to the Ninian platform, operated by CNR International.  Atlantic will get…

Aker BP to plug Valhall wells with Mærsk Invincible

May 16, 2017

Aker BP has received consent to use the Mærsk Invincible jackup rig for plugging and abandoning wells at the Valhall field. Production from the Valhall DP is scheduled to end in the next few years. Three of the wells are still in production…

GMS close to Evolution cantilever launch

May 16, 2017

Gulf Marine Services is close to putting its new cantilever system on its GMS Evolution self propelled jackup barge into system.  The cantilever system will enable the firm to compete for well workover and intervention work that was previously…

Wood Group inked for Brent Bravo decom prep

May 16, 2017

Shell has awarded Wood Group a contract in support of its decommissioning the Brent Bravo platform in the UK North Sea. Effective immediately, Wood Group will prepare the platform for removal via a single lift using the Pioneering Spirit heavy lift vessel…

WoodMac survey shows cautious optimism on oil prices

May 15, 2017

A recent Wood Mackenzie survey finds that 80% of oil and gas operators expect oil prices to reach the US$50-$60/bbl range this year.  Despite optimism over oil prices, survey respondents remain very cautious right now, with little appetite for risk…

LQT inks GoM, South America work

May 15, 2017

LQT Industries has been awarded multiple Gulf of Mexico projects including aluminum accommodation rental packages, construction, and refurbishment projects. LQT is providing aluminum accommodation packages for major oil and gas operators on two separate offshore platforms…

Odebrecht names new CEO

May 15, 2017

Odebrecht has named Luciano Nitrini Guidolin as the company’s new chief executive officer (CEO), replacing Newton de Souza. Guidolin will continue the business restructuring process and meet the challenge of bringing Odebrecht back to…

Premier's Catcher on track

May 15, 2017

Premier Oil says it will begin a short subsea tie-in campaign next month at the Varadero prospect, as its Catcher project remains on track to deliver first oil later this year. Image from Premier Oil Premier…

Eni brings Jangkrik online off Indonesia

May 15, 2017

Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image from Eni Twitter. Jangkrik consists of two gas fields…

Centrica invests in Chestnut field

May 15, 2017

Centrica is investing £35 million in the North Sea Chestnut field, drilling a new production well which aims to more than treble production. The well is expected to also extend the life of the field, which otherwise would have been shut in later this year…

Australian government announces lease round

May 15, 2017

The Australian government’s annual Offshore Petroleum Exploration Acreage Release has been announced with 21 areas on offer. The areas are across eight sedimentary basins in Commonwealth waters offshore of Northern Australia, Western Australia…

Report mostly supports Bight exploration

May 15, 2017

Members on an Australian Senate Inquiry have mostly supported oil and gas activities in the Great Australian Bight, subject to robust regulatory standards, says the Australian Petroleum Production & Exploration Association (APPEA). The…

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