Offshore Energy News


Oil Platform Hook-up, Commissioning Contract for Kvaerner

Jan 02, 2013

ConocoPhillips confirms options in the Eldfisk 2/7 S topside contract for Kvaerner to perform offshore hook-up & commissioning assistance.In March 2011, Kvaerner was awarded a contract by ConocoPhillips to perform engineering, procurement…

Ezra Holdings Chairman Steps Down

Jan 02, 2013

Mr. Lee Kian Soo, Executive Chairman of the Company, steps down to be replaced by Mr. Koh Poh Tiong.Ezra is a leading offshore contractor and provider of integrated offshore solutions in the offshore oil and gas industry. The wide range…

Statoil Expands Brazil Offshore Exploration

Jan 01, 2013

Statoil expands  its exploration portfolio with the acquisition of 25% participating interest from Vale SA in BM-ES-22A in the Espirito Santo Basin offshore Brazil.BM-ES-22A is comprised of the two Blocks ES-M-468 and ES-M-527. Petrobras…

US Offshore Wind Survey Contract for Fugro Atlantic

Jan 01, 2013

Fugro Atlantic to undertake a geological and geophysical survey for the Virginia Wind Energy Area for the Commonwealth of Virginia.The survey area covers over 45,000ha in the Atlantic Outer Continental Shelf and is seen to be a key step…

China Pearl River Estuary Oil Flows

Dec 31, 2012

CNOOC Limited announce that Panyu 4-2/5-1 & Liuhua 4-1 oil fields in the Pearl River Mouth Basin, South China Sea, start production.Panyu 4-2/5-1 oil field has an average water depth of about 100 meters and an adjustment project has been…

Offshore W. Africa Drilling Contract

Dec 31, 2012

Elenilto, with state oil company Petrosen, awarded Production Sharing Contract (PSC) by the Government of the Republic of Senegal.The contract is to develop the prospective Senegal Offshore Sud Shallow Oil block. Elenilto will be the operator…

DeepOcean Secures Statoil Subsea Contract

Dec 31, 2012

DeepOcean AS, a subsidiary of DeepOcean Group, contracted to provide offshore light construction and survey services for Statoil.The estimated value of the contract is NOK 100-million.The frame agreement includes services covering light construction services…

TGS to Charter Seismic Vessel Summer 2013

Dec 30, 2012

TGS-NOPEC Geophysical Company (TGS) inks Letter of Intent with CGG Veritas to charter a 12-streamer vessel.The vessel is to be chartered for 3D multi-client projects in Europe during the 2013 summer season. The charter will begin in April and last for approximately six months…

Scana to Supply Offshore Energy Control Actuators

Dec 28, 2012

Scana Industrier ASA subsidiary Scana Skarpenord, wins contracts to deliver actuators & control systems to buyers in S. Korea and China.The value of the contracts is 15 MNOK, and involves the supply of actuators and controls for FPSO and LNG/LPG applications…

Norwegian Shelf Subsea Contract for Aker Solutions

Dec 28, 2012

Aker Solutions wins a topside modification contract by Statoil to increase oil recovery at Gullfaks South. Estimated contract value is NOK 180 million.The main object of the project is to deliver topside modification for tie-in of two new templates…

Chevron Strike Gas Offshore Western Australia

Dec 27, 2012

Natural gas deposits discovered in two locations by Chevron Australia's deepwater drilling exploration program in the Carnarvon Basin.The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands…

Aker Solutions Sign Subsea Alvheim Contract

Dec 27, 2012

Aker Solutions sign contract with Marathon Oil Norge for the delivery of subsea trees to the Alvheim field on the Norwegian continental shelf.The contract includes the delivery of four subsea trees and associated equipment. The contract is part of the frame agreement…

COSCO Deliver Offshore Tender Rig 'T-15'

Dec 26, 2012

COSCO Corporation (Singapore) subsidiary COSCO (Nantong) Shipyard Co., Ltd deliver a tender rig to Seadrill.The tender rig is designed to be placed in close proximity to an oil platform in order to assist in drilling operations.The new delivery is named 'T-15'…

Festive Season Subsea Contracts for DeepOcean

Dec 25, 2012

Within days of eachother Deep Ocean secures subsea offshore contracts in Australia, and in the North Sea.North Sea Contract:DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, contracted by Statoil AS for the installation and…

HIgh LNG Freight Rates Possibly Short-term

Dec 23, 2012

Market analysis suggests winter demand could cause LNG freight rates to rise but downward pressure might later be forthcoming.Rising LNG prices, almost stagnant liquefaction capacity amid expanding regasification capacity and development…

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