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OE Daily: 2017 / December

Thursday, 28 December 2017 19:10

BSEE to revise OCS production rule

Seeking to reduce “unnecessary regulatory burdens” while maintaining or advancing safety and environmental protection, the US Bureau of Safety and Environmental Enforcement (BSEE) plans to…
Japanese ship builder Kawasaki Heavy Industries (KHI) has terminated a shipbuilding contract with Island Offshore for the building of the Island Navigator light well intervention…
Wednesday, 27 December 2017 20:25

Eni kicks off Beaufort Sea drilling

Italian oil major Eni has spud a new oil well from the Spy Island drillsite, a manmade island in the Beaufort Sea, offshore Alaska, earlier…
Wednesday, 27 December 2017 18:23

Forties pipeline repairs 'mechanically complete'

Forties Pipeline System (FPS) operator Ineos says all restrictions on flow through the pipeline have now been lifted following mechanical completion of a repair to…
Saturday, 23 December 2017 17:02

First oil flows at Premier's Catcher

Christmas came early for Premier Oil and its Catcher development partners. First oil was achieved from the field's FPSO today (23 December), according to FPSO…
Work to fix a pipeline which is costing the UK North Sea industry millions in lost production a day is due to complete by Christmas,…
Thursday, 21 December 2017 18:04

Petrobras to maintain E&P spend in 2018

Petrobras has released its new 2018-2022 business plan, in which the Brazilian giant has promised to maintain about the same level of investments in exploration…
Norway's Statoil is planning to start production from a US$2.27 (NOK19 billion) expansion project on its Snorre field in the Norwegian North Sea by 2021,…
Wednesday, 20 December 2017 10:14

Eni, BP confirm Zohr first production

Eni and partner BP have confirmed that production has started from the giant Zohr gas field offshore Egypt in the Mediterranean Sea. The deepwater field,…
Wednesday, 20 December 2017 09:46

North Sea's first FPSO heads to Brazil

Teekay's Petrojarl I floating production, storage and offloading (FPSO) vessel has sailed away from Aibel's shipyard in Norway. The TenTech 685-design vessel, which was the…
Tuesday, 19 December 2017 14:13

VNG Norge submits Fenja PDO

VNG Norge today (19 December) submitted the US$1.2 billion (NOK 10.2 billion) plan for development and operation (PDO) for the Fenja field in the Norwegian…
Monday, 18 December 2017 23:09

McDermott, CB&I to combine in $6B merger

McDermott International and CB&I today (18 December) unveiled plans to combine in an all-stock transaction valued at US$6 billion. McDermott's DB 50. The companies say…
Monday, 18 December 2017 09:05

Statoil adds Roncador stake off Brazil

Norway's Statoil is set to triple its production in Brazil after agreeing to acquire a 25% stake in the Roncador oil field in Brazil's Campos…
Germany's Wintershall has started production from the Maria subsea tieback offshore Norway a year ahead of schedule and 20% under budget.  The Maria field development…
Norwegian oil major Statoil has awarded three new subsea maintenance framework agreements, extending to 2023, to Aker Solutions, TechnipFMC and OneSubsea, with a total estimated…
Friday, 15 December 2017 08:35

Aker BP submits three PDOs

Norwegian operator Aker BP has submitted three plans for development and operations to the Norwegian Ministry of Petroleum and Energy for projects on the Norwegian…
Thursday, 14 December 2017 14:18

WoodMac: Upstream CAPEX to grow in 2018

Believing that major spending cuts are over, Wood Mackenzie expects global upstream capital expenditures to grow slightly in 2018 to a total of US$400 billion.…
Thursday, 14 December 2017 09:14

Subsea VSD successfully wet tested - ABB

Work on a subsea power grid, which could support all-electric subsea process, has taken a step forward in Finland with the successful testing of subsea…
North Sea production shut-in due to a "hairline" crack in a pipeline is costing operators US$26.68 million a day in lost production, according to industry…
Eni now estimates Area 1 in Mexico’s Campeche Bay to contain between 1.4 to 2 billion boe – 90% of which is oil -- thanks…
A "hairline" crack in the Forties Pipeline System (FPS), which in 2017 brought 40% of North Sea oil onshore to Scotland, has helped to push…
Dutch firm OOS International Group has signed a memorandum of understanding which paves the way for it to bring the largest semisubmersible crane vessel to…
Monday, 11 December 2017 09:55

Hurricane ups Rona Ridge estimate

UK-based fractured basement reservoir explorer Hurricane Energy says a new competent person's report (CPR) across its Rona Ridge assets has seen an increase in its…
Monday, 11 December 2017 05:00

Pemex kills Nobilis-Maximino farm-out

Mexico’s state-owned firm Pemex has canceled its tender for the Nobilis-Maximino farm-out that was scheduled to coincide with the country’s next deepwater round (2.4) in…
Friday, 08 December 2017 14:53

Eni's Goliat to restart production

Norway’s Petroleum Safety Authority (PSA) has granted Eni permission to restart production at its Goliat development after verifying the company has addressed electrical safety issues…
UPDATE: One Maersk Drilling worker is dead and another injured following in an incident on the Maersk Interceptor jackup drilling rig, working at the Tambar…
Thursday, 07 December 2017 14:54

Energean sees 2018 FID for Karish, Tanin fields

Energean Oil & Gas expects to make a final investment decision (FID) for the Karish and Tanin fields offshore Israel in early 2018 as new…
Thursday, 07 December 2017 08:54

Statoil taps SBM, others for Castberg

SBM Offshore has been awarded a contract for the delivery of a turret mooring system for Statoil's US$5.9 billion Johan Castberg floating production, storage and…
Wednesday, 06 December 2017 21:46

BSEE: 1 dead in GoM rig accident

The US Bureau of Safety and Environmental Enforcement (BSEE) has reported a fatality onboard the Petrobras 10,000 drillship, in Walker Ridge 469, 172 mi south…
Tuesday, 05 December 2017 19:17

Cape Wind to surrender US lease

US wind developers Cape Wind have applied to relinquish its lease offshore Massachusetts, which at one time had been set to be America's first offshore…
2018-10-19 12:01:34pm