"Sea Lion" News

Rockhopper: Sea Lion sanction by end of 2018

Jan 11, 2018

UK-based explorer Rockhopper says the Premier Oil-operated Sea Lion project, offshore the Falkland Islands, is moving towards sanction by year's end.  Sea Lion schematic Phase 1, 2, and 3. Image from Rockhopper…

Uruguay, take three

Sep 25, 2017

Renowned for its agriculture and livestock industries, Uruguay has sought to expand its oil and gas exploration and production sector over the past decade. The South American nation hopes that its third offshore licensing round will attract…

Sea Lion to tap UK Export Finance, contractors

Sep 07, 2017

Falklands-focused explorer Rockhopper Exploration says a funding package for the Sea Lion development is progressing, with the UK's export credit agency and contractors potentially set to step in with cash.  Rockhopper says the Premier…

Weathering the storm

Aug 01, 2017

Infield Systems’ Catarina Podevyn surveys the FPSO market and discusses recent projects awards. The John Evans Atta Mills MV25 FPSO, operating at Tullow’s TEN project, offshore Ghana. Photo from MODEC…

Sea Lion sanction set for 2018

Jun 14, 2017

Premier Oil’s Sea Lion project is on the path to being sanctioned next year following substantial progress, with first oil targeted in 2021, according to partner Rockhopper Exploration. Sea Lion schematic Phase 1…

Tiebacks by the numbers

Apr 01, 2017

With large-scale projects on hold, subsea tiebacks are accounting for 75-80% of sanctioned projects. Will it last? Elaine Maslin shares Wood Mackenzie’s view. Statoil’s Bryding tieback layout…

Cook Inlet lease sale announced

Feb 27, 2017

The Bureau of Ocean Energy Management (BOEM) has revealed plans to offer about 1.09 million acres in the Cook Inlet, offshore Alaska, in a proposed lease sale this year. The Cook Inlet Oil & Gas Lease Sale 244, due to take place in June 2017…

Year in review: 2016

Dec 13, 2016

As OE takes a look back on the year that was 2016, our website's most popular stories pretty much tell everything you need to know. It has been a depressing year for the industry with too many job cut announcements, rigs and vessel stacked (or sold)…

Catcher costs reduced further

Nov 17, 2016

Premier Oil says it has further reduced costs on the Catcher floating production development in the North sea, to a forecast total US$1.7 billion. The drop, a 24% reduction on the original sanctioned estimate, comes after costs had been reduced 20% to $1…

Sea Lion costs down to US$1.5 billion

Sep 14, 2016

Development costs to first oil for the Sea Lion project off the Falklands have been reduced to US$1.5 billion with more savings possible, according to partner Rockhopper exploration. The UK-based independent also says the 2C, or proved plus probable reserves…

Catcher FPSO project remains on track

Jul 12, 2016

Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…

Sea Lion complex contains 500 MMbbl plus

May 17, 2016

An independent reserves report has estimated the Falklands Greater Sea Lion Complex operated by Premier Oil to contain more than half a billion, or more than 500 MMbbl, of 2C or contingent resources. When gas is added to the total, the estimate rises to 747 MMboe…

Premier cuts 15% Catcher costs

May 11, 2016

UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…

Harsh realities

May 01, 2016

Remaining competitive through the downturn is a tall order for some. Caitlin Shaw, of Quest Offshore Resources, examines how the exploration, drilling and subsea segments are expected to fare through 2017.   The…

Latin America: Great expectations

Mar 01, 2016

Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…

Current News

ONGC Inks Deal with ExxonMobil for Deepwater Exploration in India

ONGC Inks Deal with ExxonMobil for Deepwater Exploration in India

US Advances Plans for Offshore Wind in Maine

US Advances Plans for Offshore Wind in Maine

Pemex and Union Agree to 4% Salary Increase

Pemex and Union Agree to 4% Salary Increase

Navigating a Minefield: Why UXO Could Hamper the UK’s Offshore Wind Ambitions

Navigating a Minefield: Why UXO Could Hamper the UK’s Offshore Wind Ambitions

Subscribe for OE Digital E‑News

Offshore Engineer Magazine