BP and China Huadian Corporation sign multibillion dollar LNG deal
Oct 22, 2015
BP and China Huadian Corporation (Huadian) has signed a sale and purchase agreement for BP to sell Huadian up to 1 million tonnes of liquefied natural gas (LNG) per year worth up to $10 billion over the next 20 years. The agreement was one of several signed in London during this week’s State Visit to the UK by the President of The People’s Republic of China, Mr Xi Jinping and signed in the presence of President Xi and UK Prime Minister David Cameron.

ACE Winches completes Linear Winch System for Statoil
Oct 21, 2015
ACE Winches has completed an order for Statoil, who required a rental Pull in Winch System including Wire Rope and HPU for their Subsea Line Modification Project. A Linear Winch System was designed and engineered for operation on the Troll B Platform, offshore Norway.The rental package supplied incorporated a compact design and weight optimized linear winch, designed for use in land based shore pulls

SBM Offshore awarded Browse FLNG Turret FEED
Oct 20, 2015
SBM Offshore says that Technip SA (Technip) has awarded the Company the Front-End Engineering and Design (FEED) contract for three, large-scale turret mooring systems associated with the proposed Browse Floating Liquefied Natural Gas (FLNG) Development in Australia. The contract awarded to SBM Offshore covers the FEED elements of the proposed Browse FLNG Development’s turret work. The three, large-scale turrets are expected to be designs similar to and slightly larger in size than the Shell Prelude FLNG turret that SBM Offshore was awarded in 2011

Oil and gas CEOs jointly declare action on climate change
Oct 19, 2015
The chief executive officers of 10 of the world’s largest oil and gas companies - which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s energy - today declared their collective support for an effective climate change agreement to be reached at next month’s 21st session of the United Nations (UN) Conference of Parties to the UN Framework on Climate Change (COP21).

Statoil awards Johan Sverdrup construction contract to Aibel
Oct 16, 2015
Statoil has, on behalf of the Johan Sverdrup partners, awarded Aibel in Norway the contract for construction of the converter station at Haugsneset and required construction site work for land-based power supply to the field. This is an engineering, procurement and construction (EPC) contract covering engineering, procurement, construction site work, building of a converter station and installation of converter equipment.

Subsea 7 awarded contract offshore Egypt
Oct 15, 2015
Subsea 7 S.A. announced the award of a sizeable contract to Subsea 7 by Pharaonic Petroleum Company S.A.E. for the development of the East Nile Delta Phase 3 Project (END-3). This award was the result of a competitive tender process. The project scope includes installation engineering, procurement and fabrication of rigid spools, and installation of pipeline, umbilical and subsea structures to develop the resources from two wells including 8 kilometres of umbilicals and pipeline.

Repsol drills dry well in PL642, Norwegian Sea
Oct 14, 2015
Repsol Norge AS, operator of production licence 642, is in the process of concluding the drilling of wildcat well 6306/5-2. The well is dry.The well was drilled about 65 kilometres southwest of the Njord field and 35 kilometres southeast of the 6406/12-3 S and A discoveries (Pil and Bue) in the Norwegian Sea.The objective of the well was to prove petroleum in Upper Jurassic reservoir rocks (the Rogn formation) and Upper Jurassic reservoir rocks (the Melke formation).

Statoil starts subsea gas compression- boosting Gullfaks recovery
Oct 13, 2015
Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.The unique technology will increase recovery by 22 million barrels of oil equivalent (oe) and extend plateau production by around two years from the Gullfaks South Brent reservoir.“We are very proud that we have been able to complete such a demanding pioneering project with start-up ahead of the original plan,” says Margareth Øvrum, executive vice president for Technology, Projects & Drilling (TPD).

McDermott International wins EPCI project for four jackets Offshore Qatar
Oct 12, 2015
McDermott International, Inc. has been awarded a sizeable brownfield project by Qatar Petroleum for the engineering, procurement, construction and installation (EPCI) of four wellhead jackets. Installation of two jackets in the Bul-Hanine field offshore east of Doha has been scheduled to be completed by December 2016 with the remaining two scheduled for completion in July 2017. The total weight of all four structures combined is 3,495 tons.

Statoil awarding contracts for two Johan Sverdrup jackets
Oct 9, 2015
On behalf of the Johan Sverdrup licence, Statoil is awarding contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A. The contract awarded to Kvaerner Verdal has a value of approximately NOK 1 billion and covers engineering, fabrication and construction of the steel jacket for the Johan Sverdrup processing platform. Weighing 17,700 tonnes, the jacket will be constructed at the yard in Verdal and installed on the Johan Sverdrup field in the summer of 2018.

Claxton and OIS improve decommissioning technology to deliver subsea well abandonment campaign
Oct 8, 2015
Claxton, an Acteon company, has improved the technological advantage of its Suspended Well Abandonment Tool (SWATTM) by developing an extension module. In turn, this enables Claxton and Acteon sister company, Offshore Installation Services Ltd (OIS), to set deeper environmental and intermediate barriers.

Fugro awarded geophysical and geotechnical contract extension with PEMEX
Oct 7, 2015
Fugro (Mexico) in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by the Mexican national oil company, PEMEX. Geotechnical field operations, laboratory testing and Geoconsulting activities will support exploration drilling activities in the Bay of Campeche and deepwater locations in the Perdido area. The value of the contract extension is approximately USD 13 million.

Shell commences production from Bonga Phase 3 project in Nigeria
Oct 6, 2015
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has started production from the Bonga Phase 3 project. Andrew Brown, Shell's Upstream International Director, said: 'This new start up is another important milestone for Bonga, adding valuable new production to this major facility.'

Statoil enters UK licence for Alfa Sentral project
Oct 5, 2015
On 2 October 2015, Statoil acquired First Oil’s 24% equity share in the UK licence for the Alfa Sentral field for USD 15 million.Alfa Sentral is a c.60 mmboe gas and condensate field planned to be developed as a tie-back to the existing infrastructure for Sleipner on the Norwegian Continental Shelf (NCS), which Statoil operates. Alfa Sentral will therefore increase the utilisation of the Sleipner facilities.

Statoil : New collaboration on future energy
Oct 2, 2015
The Norwegian University of Science and Technology (NTNU) and Statoil on 1 October signed an agreement on research funding for future energy solutions. With a total budget of NOK 50 million over four years, Statoil and NTNU wish to build up a world-leading research group to develop sustainable energy solutions.

FoundOcean completes grouting at Gode Wind
Oct 1, 2015
offshore wind farm. The wind farm, which is located in the German sector of the North Sea, is the latest wind farm to fix its foundations using the MasterFlow 9500 material from BASF. GeoSea, who lead the installation market of foundations for offshore wind, chose MasterFlow 9500 for its mechanical properties which included its high early strengths, its volume stability and for its impressive longterm durability.

Statoil's Polarled Pipeline now in place in Norwegian Sea
Sep 30, 2015
On Monday 28 September, the final pipe in the 482.4 kilometre long Polarled Pipeline was laid at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea. Polarled is the first pipeline on the Norwegian continental shelf that crosses the Arctic Circle and opens up a brand new highway for gas from the Norwegian Sea to Europe.

INPEX-operated Ichthys LNG project floats world’s largest semi-submersible
Sep 29, 2015
INPEX CORPORATION (INPEX) says that the INPEX-operated Ichthys LNG Project safely launched its central processing facility (CPF) on 19 September 2015 from the offshore floating dock at the Samsung Heavy Industries shipyard in Geoje, South Korea, where it is being constructed. INPEX President Director Australia Seiya Ito said the successful launch was one of the Project’s most significant achievements.

Rockhopper Exploration to drill another well on the Isobel/Elaine complex
Sep 28, 2015
Rockhopper Exploration says that agreement has been reached to drill a further well on the Isobel/Elaine complex. The re-drill well will target the Isobel Deep reservoir which was oil bearing in well 14/20-1, but could not be logged or sampled for mechanical reasons. This new well will be drilled a suitable distance (approximately 4km) from the original well bore and is also expected to encounter additional reservoir targets in the Elaine South and Isobel Shallow Fans.

Troll oil for 20 years!
Sep 25, 2015
This week it is 20 years since the start of oil production from the Troll field. The 20 year-old can look back on enormous wealth, with 1.56 billion barrels produced so far and NOK 460 billion in income. “Troll oil is the impossible made possible. Only a few believed in extracting the thin oil zone at Troll, and through a burning desire to make it happen, determination and innovation, Troll oil became reality,” says Øivind Dahl-Stamnes, head of Troll production.

Faroe commences drilling Blink exploration well in the Norwegian Sea
Sep 24, 2015
Faroe Petroleum has commenced the second Pil/Bue follow-up well with the spudding of exploration well 6406/12-5 S (Faroe 25%) on the Blink prospect.The Blink prospect is located in the Norwegian Sea in Licence PL586, which also contains the significant Pil and Bue discoveries (announced in 2014). The licence is located in proximity to the producing Njord field (Faroe 7.5%).

ExxonMobil awards Packer Technology License to Weatherford
Sep 23, 2015
ExxonMobil Upstream Research Company has awarded Weatherford U.S., L.P. an international license for ExxonMobil’s patented Internal Shunt Alternate Path (ISAPTTM) packer for openhole completions. ISAPT and its openhole zonal isolation packers extend gravel packing capabilities from a previous limit of about 3,000 feet to more than 5,000 feet, while also reducing field installation time and operational complexity.

Claxton installs new fully forged drilling riser system in the North Sea
Sep 22, 2015
Claxton, an Acteon company, has successfully installed a high-pressure drilling riser system as part of a multimillion-pound contract for the Catcher area field development in the Central North Sea.Owen Lewis, project engineer, Claxton, said, “Claxton was the only company to offer Premier Oil a fully-forged riser design option in the early tender stages of the project, and they recognised the value of it. Each joint was forged from a single billet of material with no joining welds,

Statoil awards FMC Technologies subsea contract for Johan Sverdrup
Sep 21, 2015
On behalf of the Johan Sverdrup partnership, Statoil has awarded an EPC contract for subsea equipment for the Johan Sverdrup project to FMC Kongsberg Subsea AS. The contract involves establishment of a new and cost efficient standard for subsea equipment. The contract has an estimated value of NOK 1.3 billion, and includes deliveries of 13 Subsea trees and well heads, in addition to three subsea templates and control systems.