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DW: Vessel contractors reshaping for the rebound

Mar 06, 2017

EMAS' Lewek Constellation. Photo from EMAS Chiyoda Subsea. EMAS Chiyoda's bankruptcy announcement in late February is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015…

DeepOcean to SURF BP's Foinaven

Mar 06, 2017

DeepOcean received a call-off under its new master service agreement (MSA) with BP Exploration Operating Co. that covers the installation of a new flexible water injection riser, and the recovery of the existing water injection riser in the deepwater Foinaven field…

Lundin spuds wells at Ghota, Edvard Grieg

Mar 06, 2017

Lundin Petroleum started appraisal drilling at Gohta in the Barents Sea, and on the Edvard Grieg field in the North Sea. At Gohta, appraisal well 7120/1-5 in PL492, is being drilled by the Leiv Eiriksson semisubmersible drilling rig. The…

Trio to FEED Pil & Bue

Mar 06, 2017

VNG Norge has awarded a trio of companies, Subsea 7, TechnipFMC, and Aker Solutions, front-end engineering and design (FEED) contracts for the Pil & Bue project, in the Norwegian Sea. Subsea 7 and TechnipFMC won the subsea structures…

Pemex, BHP Billiton make Trión pact official

Mar 03, 2017

Mexico’s state owned oil company Pemex and Australia’s BHP Billiton have made their partnership official, signing an agreement to jointly develop the deepwater Trión discovery, offshore Mexico, both firms announced today (3 March). In December…

Subsea Global Solutions acquires All-Sea

Mar 03, 2017

Subsea Global Solutions (SGS), a portfolio company of Denver-based private equity firm Lariat Partners, has acquired All-Sea Underwater Solutions (All-Sea), enabling the company to provide underwater ship maintenance, repair and marine construction solutions across the globe…

75% of UKCS projects late, 35% over schedule

Mar 03, 2017

A review of UK North Sea projects between 2011-16 has found that fewer than 25% were on time and 35% were over their original estimated budget, at field development plan submission. The review, carried out by the UK regulator, the Oil and Gas Authority (OGA)…

Nexen uses Plexus for HPHT well

Mar 03, 2017

North Sea producer Nexen Petroleum has awarded Plexus Holdings a one-well order for the high-pressure Glengorm exploration well in the Central North Sea.   Nexen, a wholly-owned subsidiary of China's CNOOC, is due to drill the well after 1 July 2017…

Repsol cleared to drill deepwater Stordal probe

Mar 03, 2017

Spain's Repsol has cleared a hurdle to drill the Stordal prospect in the Norwegian Sea using Transocean's semisubmersible drilling rig Transocean Spitsbergen. The Petroleum Safety Authority has given the firm permission to drill the Stordal well 6705/7-1 in 1410m water depth…

Polarcus continues new contract run

Mar 03, 2017

Norwegian geoscience firm Polarcus has finalized a contract for 3D marine seismic acquisition in Australia and won a contract extension in West Africa. The program will deliver a high quality broadband data-set utilizing one of the company's…

AGR inks Wintershall Barents study

Mar 03, 2017

Wintershall Norway has awarded AGR a feasibility study in the Barents Sea that will see AGR evaluate well design solutions. AGR will monitor and identify the optimum design, drilling, and testing techniques required to carry out efficient exploration activity…

Aker BP to drill at Volund with Transocean Arctic

Mar 02, 2017

Norway’s Petroleum Safety Authority (PSA) has given Aker BP consent to drill exploration well 24/9-11S on the Volund field with the Transocean Arctic in the North Sea. Aker BP is the operator of the Volund field, around 220km west of Tananger in Rogaland county…

Polarcus extends South American campaign further

Mar 02, 2017

Polarcus has secured another extension for its 3D marine seismic project in South America. The original award, announced on 15 December 2015, was awarded by an undisclosed client for a 3D marine seismic project in South America utilizing…

Statoil to drill Mim prospect in Norwegian Sea

Mar 02, 2017

Statoil has been given the green light to drill a well on the Mim prospect in the Norwegian Sea using the Deepsea Bergen drilling facility. Map of well 6507/3-12 A, from the NPD. Well…

SapuraKencana bags US$100 million in contracts

Mar 02, 2017

SapuraKencana Petroleum Berhad’s (SKPB) has signed several awards through its wholly-owned subsidiaries with a combined value of approximately US$97.4 million (RM 433.6 million). SapuraKencana TL Offshore Sdn. Bhd. (SKTLO) has been awarded…

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