Search results for: Offshore Fields

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  • 19 December 2011
    Business & Finance

    On December 15, a new drillship owned by Etesco Drilling Services LLC. was delivered at Samsung Heavy Industries Co. Ltd.’s Geoje Shipyard in Korea. At the naming ceremony held on the day before the delivery, the drillship was named Etesco Takatsugu J. NYK director and managing corporate officer Hitoshi Nagasawa participated in the ceremony. The […]

  • 4 February 2020

    Petrobras has started the opportunity disclosure stage for the sale of its entire stake of the Papa-Terra field, located in the Campos Basin, and for the sale of part of its interest in exploratory blocks located in the Pará-Maranhão Basin, off Brazil. 

  • 5 November 2019
    Operations & Maintenance

    Sentinel Subsea has completed its first offshore field trial, run in conjunction with independent operator Spirit Energy and the Oil & Gas Technology Centre (OGTC). Recognizing the need to monitor suspended wells both efficiently and cost-effectively, Sentinel Subsea’s passive monitoring system is set to help the decommissioning sector reduce costs, whilst ensuring the marine environment […]

  • 30 November 2016

    UK’s Centrica has decided to sell all of its gas fields offshore Trinidad & Tobago to Shell. In a statement on Tuesday, Centrica said Shell would buy its entire portfolio of gas assets, located offshore the Caribbean Country, for an initial cash consideration of $30 million (£24 million). The assets consist of a 17.3 per […]

  • 30 May 2018

    FPSO operator BW Offshore expects activities in the offshore field developments sanctions to pick up, following years of underinvestment caused by the oversupply of oil in the market.

  • 6 April 2005

    Addax Petroleum has announced that it has achieved first oil in the Okwori project, barely eight months after spudding the first well. The company said a statement that production levels are expected to peak at 40,000 barrels per day.

  • 15 December 2014
    Business & Finance

    Swiber Holdings Limited has secured an award from a Houston-based oil and gas company to provide Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) services for an offshore field development project, in West Africa.  The $710 million project award includes the provision of full EPCIC services of an Offshore Processing Facility, as well as associated subsea […]

  • 4 June 2013

    DNO International ASA, the Norwegian oil and gas company, today announced that its wholly-owned subsidiary DNO Tunisia AS has entered into a farm-out agreement with respect of the Sfax Offshore Exploration Permit and the Ras El Besh Concession in the Republic of Tunisia. The agreement contemplates the transfer to DNO Tunisia of an 87.5 percent […]

  • 11 February 2016
    Business & Finance

    Norwegian oil company Statoil has awarded Technip two lump sum contracts for infield pipeline construction for the Johan Sverdrup Development and the Oseberg Vestflanken 2 projects. The Johan Sverdrup field is one of the largest oil fields in the North Sea and was discovered late 2011. The first development phase is targeted to be on-stream […]

  • 6 February 2012

    Australia’s Woodside Petroleum today informed Bloomberg that production is still closed on six of its offshore fields in Western Australia which were shut last week because of the cyclone Iggy. In an e-mail sent to Bloomberg, the company’s spokesperson said that “the Vincent and Enfield fields off North West Cape and Cossack, Wanaea, Lambert and […]

  • 17 November 2016
    Business & Finance

    UK’s Xodus Group has secured a Front End Engineering and Design (FEED) award for the the Midia gas development project, in the Black Sea, offshore Romania. The contract awarded by Black Sea Oil & Gas SRL (BSOG), Romanian based independent oil and gas company, will see Xodus carry out the FEED for offshore and onshore facilities […]

  • 25 November 2011
    Business & Finance

    Mellitah Oil & Gas B. V. Libyan Branch announced the start up of production operations from the offshore Bouri Field on Tuesday, November 22, with 10.000 BBLS/ day from DP4 platform and will reach 25.000 BBLS/ day by the end of this month. Mellitah said on its website that a plan was put to start […]

  • 13 December 2013

    Malaysia’s Barakah Offshore Petroleum Berhad has today confirmed that its  subsidiary PBJV has received letters of awards from oil and gas production sharing companies (“PSCs”) for the provision of transportation and installation of facilities for the year 2014 to 2016 under package A.     The contract includes transportation and installation of facilities such as pipelines […]

  • 28 September 2011

    BP said on Tuesday it was suspending production at three platforms at its Azeri-Chirag-Gunashli (ACG) Caspian oil field for up to 15 days… Reporting by Lada Yevgrashina, writing by Amie Ferris-Rotman, editing by Thomas Grove (Reuters) [mappress] Source: Reuters, September 28, 2011;

  • 18 June 2013

    Ithaca Energy Inc. announces the commencement of development drilling operations on the Stella offshore field, with the first well on the field having been spudded using the Ensco 100 heavy duty jack-up rig. The initial campaign involves the drilling and completion of four production wells on the Stella field prior to start-up. Three horizontal wells are to be drilled […]

  • 15 February 2017
    Business & Finance, Equipment

    JDR, a supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded a steel tube umbilical contract by Cameron Ltd, on behalf of operator ONGC, for the 11 Wells of Western Offshore project in India.  According to JDR’s statement on Wednesday, the development involves subsea completion of 11 oil and […]

  • 5 October 2011

    Indonesia’s state-run Pertamina has planned for maintenance at the offshore North West Java oil and gas field in the second and third weeks… Reporting by Andjarsari Paramaditha; Writing by Ramthan Hussain; editing by Miral Fahmy (Reuters) [mappress] Source:Reuters , October 5, 2011;

  • 6 October 2016

    Brazil’s state-owned oil giant Petrobras is negotiating with Karoon Gas Australia the sale of its participation in the Baúna and Tartaruga Verde fields, located in Santos and Campos basins, respectively.  Petrobras said on Thursday that the potential transaction considers the sale of 100% of the stake in the Baúna field, located in shallow waters of […]

  • 29 November 2012

    Callon Petroleum Company (CPE) has entered into an agreement to sell its 11.25% working interest in the Habanero field (Garden Banks Block 341) to Shell Offshore Inc., the operator of the field, for a contemplated base purchase price of USD $42 million. The effective date of this transaction will be October 1, 2012, and it […]

  • 27 February 2013

    WGP has received and executed a letter of intent with Statoil ASA, the Norwegian energy company  , to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian sector of the North Sea. The seismic acquisition contract shall be for an initial fixed term until the […]

  • 14 November 2013
    Business & Finance

    Malaysia’s TH Heavy Engineering Berhad  has announced that its wholly owned subsidiary, THHE Fabricators Sdn. Bhd. has received a Letter of Award from Lundin Malaysia B.V.  dated 4 November 2013 for the fabrication of Wellhead Platform (WHP) in relation to the PM307 Bertam Field Development Project. Under the Contract, THEE is to undertake the Fabrication […]

  • 26 September 2011
    Business & Finance

    Statoil and its partners have submitted a plan for development and operation (PDO) of the Skuld field on the Halten Bank to the authorities. Norne operations vice president Anita A. Stenhaug, handed over the plan to Norwegian state secretary Per Rune Henriksen during a ceremony at Statoil’s office in Harstad, Norway on 26 September. Recoverable […]