Statoil has on behalf of the Mariner co-venturers awarded the contract for integrated drilling and well services on the Mariner field on the UK continental shelf (UKCS) to Schlumberger Oilfield UK Plc. “This is a very significant agreement for the Mariner project, and the result of an innovative, ne
Norway’s Rem Offshore and Vard Group have agreed to postpone delivery of the OCV (Offshore Construction Vessel). Namely, in June 2014, Rem Offshore entered into a newbuilding contract with Vard for delivery in the first quarter of 2016. However, under the new agreement, delivery of the vessel is sch
Tower Resources plc has reached an agreement with the Operator, Repsol Exploration (Namibia) (Pty) Limited, relating to the disputed costs associated with the drilling of the Welwitschia prospect, offshore Namibia. According to Tower, the Operator’s estimate of well and other related costs for the d
SAL Heavy Lift has informed that the vessel MV Frauke has finalized its long-term engagement for offshore project. The vessel MV Frauke of Type 176 finalized its latest project, for which it had been engaged since July 2014, at the beginning of December 2014. The project consisted of seven phases: –
Det norske has informed that the exploration drilling on the Krafla North prospect in PL 035, in the North Sea, is about to be completed. Exploration well 30/11-10 encountered an 80 meter oil column in the Tarbert formation and a 20 meter oil column in the Etive formation. Det norske is partner with
RWE Dea Norge AS, operator of production licence 420, is in the process of concluding the drilling of wildcat well 35/9-12 S, in the North Sea, off Norway. The Norwegian Petroleum Directorate (NPD) granted RWE Dea a drilling permit for the well 35/9-12 S in November. The well was drilled about 20 ki
PT. Pelabuhan Indonesia II (IPC), Mitsui & Co, Ltd. (Mitsui), Nippon Yusen Kabushiki Kaisha (NYK Line) and PSA International Pte Ltd (PSA) have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia. This new terminal wil
Oslo-listed seismic player Polarcus has inked a a Letter of Intent (LOI) with Perenco Oil & Gas Gabon for a 3D marine seismic acquisition project offshore West Africa. The survey will be acquired by the company’s 12 streamer 3D/4D seismic vessel Polarcus Nadia. The 88.8 meters long, ULSTEIN SX124 de
GE and Cheniere’s unit Sabine Pass Liquefaction signed a 20+year maintenance contract.
FMC Technologies, Inc. has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development. The order has an estimated value of $393 million in revenue. “We are pleased to have been awarded the subsea production systems contract for Eni’s Bloc
Australian energy company WHL Energy Limited has received notification from Peedamullah Petroleum (AWE) stating it will not proceed as part of the VIC/P67 Joint Venture. The VIC/P67 permit is located in the Otway Basin, offshore Australia and it contains the undeveloped La Bella gas discovery and mu
Maven Capital Partners (Maven) has led the management buy-out of subsea technology company, Fathom Systems Limited. The £4.25 million investment by Maven in the Aberdeenshire business represents the private equity firm’s 15th portfolio company investment in the energy service sector. In the past twe
Ennsub has completed the design and manufacture of two innovative workclass remotely operated vehicle (WROV) deployment systems which have been designed and manufactured for ROVOP and are due to be installed into a newbuild, tier one pipelay vessel Ceona Amazon early in 2015. Ennsub reports that a n
Primeline Energy Holdings has started commercial production at its LS36-1 gas field, offshore China, trial production having been completed. The production period under the Petroleum Contract for Block 25/34 has accordingly started. The Joint Management Committee (JMC) established by China National
