Sky-Futures completes first ever drone inspection in the GoM for the O&G industry
Jan 25, 2016
Sky-Futures, the provider of drone inspection services for the global oil and gas industry, last week completed the first ever oil and gas inspection by drone in the Gulf of Mexico for a global oil and gas service and drilling company.The inspection is the first ever legally carried out in the Gulf of Mexico by a drone for the oil and gas industry. It comes just over 10 months after Sky-Futures received the 46th Section 333 Federal Aviation Authority (FAA) Exemption Certificate to operate drones in the USA,

DNV GL acquires Swedish power system analysis company Gothia Power
Jan 22, 2016
Gothia Power, a Swedish power system analysis company, has been acquired by DNV GL. “This company's expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries. I am therefore happy to announce this acquisition, which establishes DNV GL’s technical and strategic power system services in the Swedish and Baltic energy markets and further strengthens our leading position worldwide,” says DNV GL President and CEO Remi Eriksen.

Faroe Petroleum awarded 6 new exploration licenses in Norway
Jan 21, 2016
Faroe Petroleum has been awarded six new prospective exploration licences, including two operatorships, under the 2015 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. The Company has been awarded three new licences in the Norwegian Sea area: Licence PL836S Yoshi - Blocks 6406/2,3 below Cretaceous: Faroe (30%), Wintershall Norge AS (40% and operator),

Chevron and ENN sign Gorgon LNG agreement
Jan 20, 2016
Chevron Corporation's Australian subsidiaries have signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia.

Aquatic joins DNV GL in JIP on development of codes for cable and pipe laying equipment
Jan 19, 2016
Aquatic Engineering & Construction Ltd, an Acteon company, is working with DNV GL and other organisations in the subsea supply chain, on a Joint Industry Project (JIP) to develop a set of guidelines to be incorporated into new or existing DNV GL Offshore Standards or Recommended Practices. The guidelines will be, ‘The Development of Codes for Offshore Equipment for Cable and Pipe Laying – Phase 1.’

Aker Solutions repositions MMO business in Norway
Jan 18, 2016
Aker Solutions has notified employees in its maintenance, modifications and operations (MMO) unit across Norway of necessary steps to reposition the business and enhance competitiveness in a market with unprecedented challenges. The company is streamlining the Norwegian MMO business to one regional unit from previously four, affecting management and staff from Tromsø to Stavanger.

Statoil purchases minority sake in Lundin Petroleum
Jan 15, 2016
Statoil ASA has acquired 37,101, 561 shares in Lundin Petroleum AB (publ.), corresponding to 11.93 percent of the shares and votes, at a total purchase price of approximately SEK 4.6 billion. The investment in Lundin Petroleum will increase Statoil’s indirect exposure to core assets on the Norwegian Continental Shelf (NCS).

Premier Oil agrees to acquire all of E.ON’s UK North Sea assets
Jan 14, 2016
Premier Oil has agreed to acquire the whole of E.ON’s UK North Sea assets for a net consideration of $120 million plus working capital adjustments. The proposed acquisition, which will be funded from existing cash resources, adds immediate cash generative production, realises tax synergies on Premier’s current c.$3.5bn UK tax loss position and is accretive to lending covenants.

DNV GL releases one-stop guideline for safe and reliable grid-connected energy storage systems
Jan 13, 2016
DNV GL declared the GRIDSTOR Recommended Practice (DNVGL-RP-0043). This independent set of recommendations combines all key standards and guidelines with credible industry experience and insights, to help guarantee the safe implementation and operation of energy storage systems for all stakeholders such as end users, manufacturers, investors or insurance companies.

Gassco reports delivery record for 2015
Jan 12, 2016
More gas than ever before was delivered from the Norwegian continental shelf (NCS) to Europe in 2015, with 108 billion standard cubic metres dispatched within Gassco’s operatorship. Sent to receiving terminals in Germany, Belgium, France and the UK, this quantity represented an increase of no less than 7 billion scm from the year before.

Statoil signs new agreements with Aker Solutions and OneSubsea
Jan 11, 2016
Statoil Petroleum AS has signed Master Service Agreements with Aker Solutions ASA and OneSubsea Processing AS. The agreements signed form the basis for potential new EPC contracts (engineering, procurement and construction) for subsea equipment in the medium term future. An EPC option agreement for subsea production system (SPS) has also been signed with OneSubsea, including framework agreements for subsea operations services and subsea add-ons.

Wood Group wins PetroRio contract in Brazil
Jan 8, 2016
Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two year contract, which is effective immediately.

Aker Solutions and Lloyd’s Register sign framework agreement
Jan 7, 2016
With this new global framework agreement in place, Norwegian oil services company Aker Solutions can further improve efficiency and uphold their position as forerunner in advanced technologies for the offshore oil and gas industry. Commenting on the achievement, Lead Group Category Manager, Gaute Fardal from Aker Solutions, said: “We are pleased to have Lloyd’s Register on board as a new Group Frame Agreement supplier to Aker Solutions. Our expectations to the agreement are highly competitive priced services and further enhanced efficiency in our processes and product solutions.”

Statoil awarded contracts for insulation, scaffolding and surface treatment
Jan 6, 2016
Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp AS and Prezioso Linjebygg AS. They will provide services to 20 of the company’s 29 installations on the Norwegian continental shelf (NCS) when the contracts take effect. Carried out on all installations on the NCS, as well as all onshore plants in Norway, these services have ripple effects in many parts of the country.

Cairn Energy completes test of SNE-2 appraisal well, offshore Senegal
Jan 5, 2016
Cairn Energy has completed testing of the SNE-2 appraisal well offshore Senegal with positive results. Operations have been safely and successfully completed following drilling, coring, logging and drill-stem testing (DST). The well is now being plugged and abandoned. Following this first successful appraisal well, resource estimates for the SNE field will be fully revised and announced after the

Woodside Petroleum discovers gas offshore Myanmar
Jan 4, 2016
Woodside declares that the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin, located in the western offshore area of Myanmar, has intersected a gross gas column of approximately 129 m. Approximately 15 m of net gas pay is interpreted within the primary target interval. The well reached the planned original total depth (TD) of 4810 m, referenced from the rig rotary table. Following drilling, wireline logging was conducted and confirmed the presence of a gas column through pressure measurements and gas sampling. The well was subsequently deepened to a final TD of 5306 m.

Keppel Offshore & Marine secures contracts worth S$125 million from repeat customers
Jan 1, 2016
Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries continue to win strong support from repeat customers by securing four contracts worth a total of about S$125 million. In Singapore, Keppel O&M's wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) secured two conversion contracts - the first is for a Liquefied Natural Gas (LNG) Floating Storage Unit (FSU) vessel awarded by Armada Floating Gas Storage Limited, a wholly-owned subsidiary of Bumi Armada Berhad

Shell gets first gas flows from Corrib field in Ireland
Dec 31, 2015
Operator Shell has started gas production from the Corrib field off the northwest coast of Ireland. Statoil holds a 36.5% participating interest in the field. The Corrib gas field is located 83 kilometres off Ireland’s northwest coast in water depths of almost 350 metres. At peak annual production, the field is expected to produce around 260 MM scf/d of gas, which is 45,000 barrels of oil equivalent per day (boe/d).

TAQA taps first oil from Cladhan field in North Sea
Dec 30, 2015
Abu Dhabi National Energy Company PJSC (TAQA) has got first oil from the new Cladhan field development in the UK North Sea. The field is developed as a subsea tie-back to the TAQA-operated Tern Alpha platform. Peter Jones, TAQA’s UK managing director, said: “Cladhan is the third field developed by TAQA and the largest to date. First oil therefore represents a significant milestone. Developing Cladhan as a tie-back to Tern underlines our commitment to invest in infrastructure and to maximise economic recovery in the North Sea.”

Petrobras completes two formation tests in Carcará area
Dec 29, 2015
Petrobras concluded two formation tests in the 3-SPS-105 well, confirming the high productivity of the pre-salt carbonate reservoirs. The 3-SPS-105 well, informally known as Carcará Norte, is located in the area of the Carcará Discovery Evaluation Plan (PAD), 4.6 km north of the discovery well (4-SPS-86B), in water depth of 2,070 meters and reached final depth of 6,338 meters, inside basaltic rocks.

ONGC Videsh and Rosneft confirmed successful cooperation
Dec 28, 2015
ONGC Videsh Limited and Rosneft signed an Agreement of Confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a joint venture in JSC “Vankorneft”. The document was signed in the presence of the President of Russia Mr. Vladimir Putin and the Prime Minister of India Mr. Narendra Modi by Managing Director of ONGC Videsh Limited,

InterOil Corporation commences drilling at Antelope-6
Dec 25, 2015
InterOil Corporation has been advised by Total E&P PNG Limited, operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, that it has begun drilling the Antelope-6 appraisal well. The well is designed to provide structural control and reservoir definition on the field's eastern flank. It has a proposed total depth of around 2,464 meters (8,084 feet) true vertical depth sub-sea and is located about 2km east-south-east of Antelope-3.

Fugro awarded survey services for deepwater development at Guyana oil discovery
Dec 24, 2015
Fugro has been awarded a contract by Esso Exploration and Production Guyana Limited, an ExxonMobil affiliate, for survey services at a deepwater field development offshore Guyana. The contract provides for autonomous underwater vehicle (AUV) geophysical survey and an environmental baseline survey, along with shallow geohazard and geotechnical coring. The discovery of more than 295 feet of high quality, oil-bearing sandstone reservoirs in the Stabroek Block of the Liza Field represents a significant deepwater production find in the Guyana-Suriname basin.

Lundin hits oil discovery in Rolvsnes prospect, offshore Norway
Dec 23, 2015
Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the Rolvsnes exploration well 16/1-25 S as an oil discovery. The well is located in PL338C south of the Edvard Grieg field in the central North Sea sector of the Norwegian Continental Shelf (NCS).