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Xodus ink Lundin framework agreement

May 04, 2016

Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf. The agreement is for four years with potential extension for two years…

Cobalt hits condensate, gas off Angola

May 04, 2016

Cobalt International has struck its sixth pre-salt discovery offshore Angola. The firm made a 'significant condensate and gas' discovery on the Zalophus #1 pre-salt exploration well in Block 20 offshore Angola. It is the firm's third discovery on Block 20…

First oil flows from Aje, Nigeria

May 04, 2016

First oil has been achieved from the Aje field, offshore Nigeria, according to field partner Panoro Energy. The field is in OML 113, in the western part of Nigeria in the Dahomey Basin, and operated by Yinka Folawiyo Petroleum Company…

Repsol cleared for removing Varg FPSO

May 04, 2016

Repsol has been given the green light to remove the Petrojarl Varg floating production unit and related subsea structures from the Varg field offshore Norway. The Varg oil field is in the North Sea, about 220km south-west of Utsira in Rogaland county…

OTC16: DNV GL unveils P&A RP

May 04, 2016

Norway's DNV GL has issued a new, globally applicable Recommended Practice (RP) forrisk-based plugging and abandonment of offshore wells. The certificaton and verification society says, in combination with optimized project execution and new technology…

Plexus inks ninth Det norske order

May 04, 2016

UK-based wellhead engineering firm Plexus Holdings has received its ninth purchase order since 2012 from Norway's Det norske oljeselskap, to supply surface wellhead and mudline equipment services for the Langfjellet standard pressure exploration well on the Norwegian Continental Shelf…

Hess farms into Suriname

May 04, 2016

US-based explorer Kosmos Energy has agreed to farm-out a one third stake in its Block 42 contract area offshore Suriname to Hess. In return, Hess will fully fund the cost of a 6500sq km 3D seismic survey, expected to start in Q3 this year…

Quadrant gains Finder's West Auz stake

May 03, 2016

Quadrant Energy has taken over Finder Exploration's stake in four Bedout Sub-basin exploration permits offshore Western Australia. The permits are located 130km off the coast of Western Australia and contain both the 2014 Phoenix South oil discovery and the 2015 Roc wet gas discovery…

OTC16: Wind powered water injection feasible

May 03, 2016

Wind powered water injection is a technically feasible project for suitable fields, according to the results of a joint industry project (JIP), revealed at the Offshore Technology Conference in Houston today.  The DNV GL-led WIN WIN JIP would also be capable of meeting performance targets…

Tata supplies deepwater Mexico first

May 03, 2016

Tata has marked an industry first, with its pipeline becoming the first to be laid at more than 3000ft water depth in the Mexican Gulf of Mexico.  The ca.140km of 457mm (18in) outer diameter x 28.6mm WT API 5L PSL2 X65MO line pipe was…

Saipem sets riser records

May 03, 2016

Saipem has celebrated setting new milestones in the oil service industry with the installation of two gas export free standing hybrid risers (FSHR), 20in and 19in respectively, in the Pre-Salt area of Santos Basin about 300km from the Brazilian shoreline…

OTC16: GE unveils SeaPrime and composite risers

May 03, 2016

GE Oil & Gas is introducing a series of offshore solutions at this week's Offshore Technology Conference in Houston, aimed at increasing efficiencies and reducing costs.  These include the SeaPrime I Subsea BOP Control System, which has…

Interventek launches Revolution

May 03, 2016

Interventek Subsea Engineering is launching its new shear-and-seal Revolution Valve at OTC in Houston this week. Interventek claims that the patented Revolution Valve is the only valve on the market that does not compromise its ability…

Saipem inks Shah Deniz 2 contract

May 03, 2016

Saipem and its consortium partners Bos Shelf and Star Gulf have been awarded call-off 007 under the Shah Deniz Stage 2 Master Agreement by BP, on behalf of the Shah Deniz partnership. The total value of the contract is approximately $1…

Keppel completes LeTourneau acquisition

May 03, 2016

Keppel Offshore & Marine (Keppel O&M) has completed the acquisition of Cameron International Corporation's (Cameron) offshore product division, which comprises the LeTourneau jackup rig designs, rig kit business, as well as its aftersales and aftermarket services…

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