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OE Press: 2017 / December

Friday, 29 December 2017 09:42

Hyperdynamics files for Chapter 7 Bankruptcy

Houston headquartered Hyperdynamics has filed for Chapter 7 bankruptcy relief. The firm, which is focused on exploring offshore the Republic of Guinea, says it had…
Friday, 29 December 2017 09:31

Santos to drill off Indonesia

Australia's Santos is planning to drill the Paus Biru-1 exploration well on the Sampang production sharing contract offshore Indonesia, says partner Cue Energy Resources. Paus…
Saipem's Scarabeo 9 semisubmersible is in the Black Sea, where it is drilling one well, the Maria-1 exploration well in the Zapadno-Chernomorskaya license area, plus…
Thursday, 28 December 2017 09:48

Jurong finds buyer for West Rigel

Jurong Shipyard, part of Sembcorp Marine, has signed an agreement to sell the semisubmersible rig West Rigel for US$500 million.  West Rigel was originally contracted by…
Wednesday, 27 December 2017 19:58

Byron strikes pay at South Marsh Island

Byron Energy has struck 190ft (58m) of net oil pay in the South Marsh Island Block 71 F-2 well in the Gulf of Mexico, exceeding…
Accurate monitoring of oil and gas production is an increasingly valuable tool for operators and surveillance engineers but, until recently, visibility of data has been…
Friday, 22 December 2017 16:59

Saipem wins Angola's West Hub SURF

Saipem has signed a contract with Eni Angola in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned…
Friday, 22 December 2017 15:43

HMC inks second Tyra Redevelopment contract

Dutch transport and installation firm Heerema Marine Contractors (HMC) has won an additional contract on Maersk Oil's US$3.6 billion Tyra Redevelopment Project offshore Denmark. Following…
Canada-headquartered engineering group SNC-Lavalin, which recently acquired engineering house Atkins, has signed a framework agreement with Shell to provide pre-feasibility and feasibility studies for modular…
Friday, 22 December 2017 15:03

McDermott wins Tyra EPC work off Denmark

US engineering group McDermott International, soon to merge with CB&I, has inked a major lump sum contract with Maersk Oil for work on the largest…
Italy's Eni says a production test on the Tecoalli-2 well, in shallow water Campeche Bay, Mexico, showed "excellent production capabilities," and increased estimates of oil…
KazMunaiGas (KMG) is to transfer to Eni 50% of the exploration rights over the Isatay block, in the Caspian Sea, offshore Kazakhstan. The block is…
A series of trials in the North Sea to test non-intrusive inspection (NII) techniques have shown that they can offer similar results to traditional intrusive…
Thursday, 21 December 2017 22:23

Rosneft, Eni spud Maria well

Rosneft and partner Eni have spud the Maria-1 exploration well in the Zapadno-Chernomorskaya licence area in the Black Sea. The license is estimated to hold…
Thursday, 21 December 2017 17:58

Eni acquires Evans Shoal interest off Australia

Eni has acquired from Shell a 32.5% interest in and operatorship of the Evans Shoal gas field offshore northern Australia. Evans Shoal is in Retention…
Thursday, 21 December 2017 16:12

Transocean picks up 22-well Statoil gig

Statoil awarded Transocean a 22-well contract in the Norwegian North Sea for the harsh environment semisubmersible Transocean Spitsbergen with an estimated duration of 33 months; plus…
Thursday, 21 December 2017 15:11

Rystad: 2017 discovered oil, gas resources down

How did global oil and gas exploration fare in 2017? It depends on who you ask. Photo from Maersk Drilling. Rystad Energy reported today (21…
Thursday, 21 December 2017 09:59

ROVOP adds 24 ROVs to its fleet

UK-based remote operated vehicle operator ROVOP has increased its ROV fleet by 50% following aUS$74.93 (£56 million) funding boost.  Blue Water Energy and BGF have…
Thursday, 21 December 2017 09:42

TGS to start new 3D GoM survey

Geoscience firm TGS is to start a new multiclient acquisition project called Alonso 3D in the US Gulf of Mexico. Alonso 3D will cover 6172sq…
Thursday, 21 December 2017 09:37

Polarcus teams up with TGS for GoM survey

Norwegian seismic firm Polarcus has received a letter of award from TGS for the acquisition of 6172sq km of 3D seismic data in the Gulf…
Wednesday, 20 December 2017 20:31

Eni expands offshore Morocco footprint

Eni reported today (20 December) it has signed a Petroleum Agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow…
Wednesday, 20 December 2017 14:57

TGS, SLB team up for Red Sea seismic

Work is expected to start mid-December on TGS and Schlumberger’s new 2D seismic project offshore Egypt. The project will comprise acquisition of a 10,000 km…
Seabed Geosolutions has been awarded a 3D ocean bottom node (OBN) seismic acquisition project over the greater Angostura field in shallow waters, offshore Trinidad for…
Wednesday, 20 December 2017 09:58

SBM taps Drydocks for Johan Castberg turret

Turret specialist SBM Offshore has contracted Dubai based Drydocks World to construct the turret mooring system for Statoil’s Johan Castberg floating production storage and offloading…
Wednesday, 20 December 2017 09:33

Repsol files revised Yme field plan

A revised plan for development and operation (PDO) for the Yme field in the Norwegian North Sea has been submitted to Norway's Ministry of Petroleum…
VNG Norge has made a contract award to TechnipFMC for integrated engineering, procurement, construction and installation (iEPCI) on the Fenja field in the Norwegian Sea…
Singapore-based Ultra Deep Solutions has signed a letter of intent to build a SALT 310 well intervention vessel at China Merchants Heavy Industry (CMHI) yard…
UK fractured basement explorer Hurricane Energy has contracted floating production and subsea engineering firm Crondall Energy to provide engineering support during the early production system…
Tuesday, 19 December 2017 09:48

Aker BP takes stake in Fishbones technology

Norwegian oil and gas firm Aker BP has taken a 17% stake in reservoir stimulation technology firm Fishbones, joining Statoil as an investor in the…
Tuesday, 19 December 2017 09:31

Wood inks Julimar study with Woodside

Australia's Woodside Energy has awarded UK-based engineering house Wood a contract for a concept definition study for the Julimar Phase 2 project offshore Australia. Woodside…
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