Statoil has received consent to use pipelines and subsea production facilities and implement changes at Grane in production licence 169 Svalin. Svalin is eight kilometres south-west of the Grane field. Water depth is around 120 metres. Svalin has been developed using a multi-branch well from the Gra
Tullow Oil plc (Tullow) announces the successful production of the 100 millionth barrel of crude oil from the Jubilee field, Ghana. To mark this significant milestone Tullow has produced a new country film to provide an update on the company’s operations in Ghana. Ghana’s Jubilee field, which stradd
Department of Energy & Climate Change has reported that the latest offshore oil and gas licensing round, which closed for applications on Friday 25 April, has received a strong response with 173 applications from industry for around 370 blocks. Energy Minister, Michael Fallon, said: “It’s 50 years s
FMC Technologies, Inc. announced that it has received an order from C-Innovation to supply a fleet of six UHD-III Remotely Operated Vehicle (ROV) systems for its subsea operations business. The ROV systems will be supplied by FMC Technologies’ Schilling Robotics business unit and are expected to be
WeSubsea and Frontier Subsea have reached an agreement that will allow WeSubsea to deliver their equipment and services to the Canadian subsea market through Frontier Subsea. Atlantic Canada is characterized by iceberg prone waters, challenging sea states, long winters and increasingly deep drilling
Atlantis Resources Limited, the AIM-listed vertically integrated turbine supplier and project owner in the tidal power industry, and JSC Lenhydroproject (a 100%-owned subsidiary of RusHydro) have signed a Memorandum of Understanding about cooperation on prospective tidal power projects in Australia.
Transocean Ltd. has announced that it intends to pursue the creation of an entity comprising eight of its UK North Sea midwater drilling rigs. The company expects to establish the new entity, Caledonia Offshore Drilling Company, during the second half of 2014 and, at an appropriate stage, separate C
Senergy’s Survey & GeoEngineering (Senergy S&G) group has been awarded a major contract to support GDF SUEZ E&P UK Ltd (GDF SUEZ) in the forthcoming offshore construction phases of its major Cygnus gas project. Senergy S&G has provided survey project management and geosciences engineering consultanc
Havyard Ship Invest AS have entered into an agreement with Forland Shipping on May 06, 2014 to sell Havyard’s 25% stake in Forland Subsea AS. Forland Subsea AS is the shipowning company for the subsea construction vessel “Lewek Inspector”. The MV Lewek Inspector was built in 2013, delivered to Forla
Cargotec Corporation and Nordic Investment Bank have signed an eight-year loan agreement totaling EUR 50 million for financing the acquisition of Aker Solution’s mooring and loading systems unit finalised at the end of January 2014. The division employs about 370 people in Europe, Asia and the Ameri
The Kenan Advantage Group’s (KAG), Merchant Gas Group said that its subsidiary, Jack B. Kelley, has completed a transportation agreement with Shell to deliver liquefied natural gas to its LNG fuelling lanes in the U.S. KAG is North America’s largest tank truck transporter and logistics provider. The
On 1 May 2014 Statoil completed the farm down of 10% of its interest of 25.5% in the Shah Deniz Production Sharing Agreement and the South Caucasus Pipeline Company Limited to BP (3.33%) and SOCAR (6.67%). The consideration for the sale and transfer of these assets is USD 1.45 billion. The divestmen
Statoil has completed the farm-down of 10% of its interest of 25.5% in the Shah Deniz Production Sharing Agreement and the South Caucasus Pipeline Company Limited to BP (3.33%) and SOCAR (6.67%). The consideration for the sale and transfer of these assets is USD 1.45 billion. The divestment that was
Overcoming the rough sea state, BGP Challenger successfully completed a 2D survey for Spectrum offshore Namibia with 123km average daily production and zero downtime. Howard Nicholls, Geophysical Advisor of Spectrum, said: “Thank you from me for a job well done. The data is already looking very good
