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Oil And Gas Field News

12 Mar 2024

DOF Bags Shell’s Decommissioning Contract for Knarr and Gaupe Fields

Skandi Hera AHTS vessel (Credit: DOF Group)

Norwegian offshore vessel operator DOF Group has secured a ‘substantial’ subsea engineering procurement removal and disposal (EPRD) contract from Norske Shell in the Atlantic region.The contract outlines 100 combined days of utilization of DOF’s vessels Skandi Hera and Maersk Installer.DOF will deliver an integrated solution of project management, engineering, design, analysis and survey.Described as ‘substantial’ by DOF, this means that the contract is valued between $23.8 million and $47.8 million (NOK 250 million to NOK 500 million).The scope includes recovery and recycling of umbilicals…

28 Feb 2024

ABL on Tow Job for Mero 3 FPSO’s Voyage to Brazil

(Credit: ABL Group)

Energy and marine consultancy ABL Group has secured a contract by POSH Projects to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai in China to Brazilian waters.As part of its scope of work, ABL’s operations in Singapore will provide a tow master to act as client representative throughout the 12,108 nautical mile towage.The tow master will supervise and ensure that all marine operations for the sail away from Yantai CIMC Raffles Shipyard are carried out in-line with approved recommendations and procedural documentation.

09 Nov 2023

Shell Sues Greenpeace for Boarding Penguins FPSO While in Transit

©Greenpece

Shell is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters.The British oil and gas major filed the claim in London's High Court. Greenpeace activists boarded the vessel in January near the Canary Islands off the Atlantic coast of northern Africa to protest oil drilling and traveled on it as far as Norway.In an email to Reuters…

03 Feb 2023

Drydocks, Aker Solutions JV Pens Deal to Upgrade FPSO for Equinor's Rosebank Field

Petrojarl Knarr - Credit: Aker Solutions (file photo)

Dubai's shipbuilding and shiprepair company Drydocks World and Norwegian offshore engineering and construction firm Aker Solutions have established a joint venture to upgrade the Petrojarl Knarr FPSO for Equinor's Rosebank offshore oil and gas field in the UK, the Government of Dubai media office confirmed Friday.The joint venture signed its first contract with FPSO owner Altera Infrastructure to upgrade, refurbish, and electrify the FPSO. The vessel will be redeployed at Rosebank field…

16 Jan 2023

Indonesia Dispatches Warship to Monitor Chinese Coast Guard Vessel Near Offshore Fields

©Harbour Energy

Indonesia has deployed a warship to its North Natuna Sea to monitor a Chinese coast guard vessel that has been active in a resource-rich maritime area, the country's naval chief said on Saturday of an area that both countries claim as their own.Ship tracking data shows the vessel, CCG 5901, has been sailing in the Natuna Sea, particularly near the Tuna Bloc gas field and the Vietnamese Chim Sao oil and gas field since Dec. 30, the Indonesian Ocean Justice Initiative told Reuters.A warship…

10 Jan 2023

Aker Solutions, Drydocks to Upgrade Petrojarl Knarr FPSO for Deployment at Equinor's Rosebank Field

Petrojarl Knarr - Credit: Aker Solutions

Norway's Aker Solutions will upgrade Altera Infrastructure's Petrojarl  Knarr floating production storage and offloading vessel (FPSO) to be redeployed at Equinor's Rosebank field development, offshore the UK. Petrojarl Knarr was built by Samsung Heavy Industries in South Korea and delivered in 2014. It was operating on the Knarr field offshore Norway from 2015 until May 2022.The development concept for the Rosebank field includes the redeployment and reuse of the existing Petrojarl Knarr FPSO owned by Altera.Under a 'substantial' contract with Altera…

29 Sep 2022

Drone Activity Observed Near Total Offshore Installation in North Sea

TotalEnergies said on Thursday it had observed "unauthorized drone activity" near one of its offshore oil and gas installations in the North Sea.Denmark, has like other countries in the region, raised its safety level for its power and gas sector after several countries said two Russian pipelines to Europe spewing gas into the Baltic Sea had been attacked."There have been observations of unauthorized drone activity at the Halfdan B oil and gas field in the North Sea," a spokesperson said in a written comment, adding the activity had been observed on Wednesday."We have taken the necessary steps in accordance with our security procedures and are in close dialogue with the authorities."(Reuters - Reporting by Jacob Gronholt-Pedersen and Stine Jacobsen; Editing by Alex Richardson and David Eva

25 Aug 2022

East Timor Expects Australia to Back Greater Sunrise Gas Development via Timor

File image - Credit: Woodside

East Timor is confident the Australian government will support plans for gas from the massive Greater Sunrise offshore field to be processed in Timor rather than Darwin, the country's petroleum authority head said on Thursday.Greater Sunrise lies in waters between East Timor and Australia and holds an estimated 7.3 trillion cubic feet of gas which the Timorese urgently want to develop as the impoverished nation's main revenue source, the Bayu Undan oil and gas field, is set to…

15 Jun 2022

Saipem Confirms Shell's Gato do Mato FPSO LNTP

Illustration - An FPSO in Brazil - Credit: Ranimiro/AdobeStock

Italian oilfield services firm Saipem has confirmed it has recently been awarded a limited notice to proceed (LNTP) by BW Offshore, for the early-stage engineering services for the supply of an FPSO unit to be supplied to Shell for the development of the Gato do Mato field offshore Brazil.The oil and gas field is located around 200 km offshore Brazil in the Santos Basin, in water depths of around 2,000 meters.The LNTP is valued at up to $50 million. Saipem’s share is worth approximately $25 million.Upon completion of the LNTP…

02 Feb 2020

PGNiG Acquires Duva Field in Norway

PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has obtained a final administrative consent to purchase additional 10% interests in the PL636 and PL636B licences in the North Sea.Following the transaction, PGNiG Upstream Norway’s (PUN) interests in both licences increased to 30%. As a result, the volume of Duva field gas production attributable to the Company will rise to 0.2 bcm per year.“Acquisition of fields on the Norwegian Continental Shelf is one of the investment priorities of the PGNiG Group. Our aim is to ensure that as much as possible of the gas that will flow from Norway to Poland following the launch of the Baltic Pipe will come from our own production. This is part of our strategy to diversify supplies and strengthen Poland's energy security.

22 Apr 2019

GDI in Drilling Services Contract with NOC

Gulf Drilling International (GDI) has signed a three-year contract with North Oil Company (NOC) to provide drilling services through the drilling rig Dukhan for NOC’s extensive development programmes in Al Shaheen oil field.The Al Shaheen Oil Field is a production oil and gas field off the north east coast of Qatar in the Persian Gulf, 80 kilometres north of Doha.The subsidiary of Gulf International Services (GIS) said in a press release that the signing ceremony was attended by GDI’s Chief Executive officer William Ceppi and NOC’s Chief Executive Officer Jacques Azibert. Also in attendance were Mark Gibson, Chief Operation Officer, and Francis Bourcier Drilling Manager of NOC…

27 Feb 2018

Subsea 7 Bags Offshore Norway Deal

Subsea 7 S.A. announced the award of a  contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North Sea, 16 kmfrom the Gjøa field, in a water depth of approximately 360m. The Nova field development is a subsea tie-back to the existing Gjøa semi-submersible production facility. The contract award comprises the Engineering Procurement Construction Installation (EPCI) delivery of the pipeline and riser systems, and the transport and installation of subsea production systems and umbilical system. Fabrication of the pipeline will take place at Subsea 7’s spoolbase at Vigra, Norway. Project Management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway.

09 Feb 2018

Aker Enters Offshore Floating Wind Market

Norwegian oil and gas specialist Aker Solutions has invested in floating wind power technology company Principle Power, with the aim to brings its offshore oil and gas field engineering experience to the renewable energy market. Aker Solutions has an extensive track record in developing offshore oil and gas fields, with particular capabilities in floating facilities. The partnership will help bring Principle Power's technology - an innovative floating foundation for offshore wind turbines, known as WindFloat - to a broader market. "We see a major opportunity in offshore floating wind where demand is growing in the transition to a low-carbon future," said Aker Solutions Chief Executive Officer Luis Araujo.

01 Jan 2018

Tanker Collided with Oil Rig in North Sea

The tanker Elsa Essberger collided with unmanned oil rig Q1 with is no longer in use, at around 1820 UTC Dec 31 in North sea some 20 nm southwest of Den Helder, Netherlands.   The platform Q1 Halfway is not in use and according to the Coast Guard there were no people at the time of the collision. The plant built there in 1995 is part of an oil and gas field in the Dutch part of the North Sea off Den Helder.   In the collision the bow of the Elsa Essberger was damaged, but the cargo tanks remained completely intact, so there is no danger of outflow or leakage of the cargo.   It has been anchored at Callantsoog for the time being. The ship Elsa was on its way from Antwerp to Malmo in Sweden.

29 Sep 2016

NYK Buys Stake in EMAS Chiyoda Subsea

NYK has acquired a 25 percent share of EMAS Chiyoda Subsea Limited (ECS), based on an agreement signed on June 10 with Ezra Holdings Limited (Ezra) and the Chiyoda Corporation (Chiyoda). ECS is a global player in the engineering, procurement, construction, and installation (EPCI) of subsea facilities — essential components in offshore oil and gas field development. After this acquisition, ECS’s shareholding structure will shift to Ezra 40 percent, Chiyoda 35 percent, and NYK 25 percent. Based on its medium-term management plan emphasizing differentiation through the use of creative solutions, NYK has been expanding its business in offshore oil and gas exploration/development, such as seismic, drilling, production, and shuttle transportation services.

26 Sep 2016

The Hague to Arbitrate East Timor-Australia Maritime Dispute

The Permanent Court of Arbitration in the Hague will oversee a compulsory arbitration between East Timor and Australia on their maritime boundary, it said on Monday, rejecting Australian objections. East Timor asked for the process which could decide on which side of the border lies a large oil and gas field over which the two countries have a revenue-sharing agreement. The island nation said Australian espionage on its diplomats rendered recent agreements between them flawed. Australia has resisted negotiating a permanent border until 2056 at the earliest. The conciliation process will take place behind closed doors over the next year, the court said. (Reporting by Toby Sterling

11 Jul 2016

Malaysian Yard in Troubled Waters

Malaysian shipyard TH Heavy Engineering (THHE) has been served with three winding-up petitions over an alleged debt of around $9.52million in total, for the supply of equipment and work done on the Layang floating, production, storage and offloading (FPSO) vessel. THHE said that the first petition was placed by MIB Italiana on Monday for a sum of around $1.3 million for the supply and installment of quick release hook & mooring hawser for the FPSO. The second petition was also placed on Monday by Orwell Offshore for a sum of around $7.6 million in relation to the supply of equipment and machinery for the Layang. However, it had said that it was seeking legal advice on the matters with a view of defeating the petitions…

13 Jun 2016

NYK to Buy Into Emas Chiyoda

Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) has agreed to invest in EMAS Chiyoda, a subsea services joint venture between oilfield services firm Ezra Holdings Ltd and Chiyoda Corp. NYK has reached an agreement with Ezra Holdings Limited (Ezra) and Chiyoda Corporation (Chiyoda) to acquire a 25 percent share of EMAS Chiyoda Subsea Limited (ECS). After NYK’s participation, the shareholding structure of ECS will change to Ezra 40%, Chiyoda 35%, and NYK 25%. ECS is a global player in the engineering, procurement, construction, and installation (EPCI) of subsea facilities — essential components in offshore oil and gas field development.

08 Jun 2015

Kvaerner, KBR JV wins Johan Sverdrup Deal

Kvaerner in a joint venture with KBR has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development. The agreement to deliver the deck for the utility and living quarter (ULQ) platform comes after a tough international competition, where Kvaerner-KBR presented the best overall bid. The agreement has an estimated total value for the Kvaerner- KBR partnership of approximately NOK 6.7 billion. The ULQ-platform is one of four platforms to the Phase One development of the Johan Sverdrup oil and gas field on the Norwegian continental shelf. Kvaerner-KBR joint venture will execute the engineering, procurement and construction (EPC) for the ULQ topside as one complete delivery.

30 Jun 2015

Teekay Sells FPSO, Announces Dividend Boost

Photo: Teekay

Teekay Corporation announced today that its board of directors has declared a cash dividend on its common stock of $0.55 per share for the quarter ended June 30, 2015, an increase of approximately 75 percent over the previous cash dividend of $0.31625 per share. The cash dividend is payable on July 31, 2015 to all shareholders of record as at July 17, 2015. Teekay also announced today that it will complete the sale of the Petrojarl Knarr (Knarr) floating production, storage and offloading (FPSO) unit to Teekay Offshore Partners L.P.

15 Jul 2015

Aker Solutions Revenue Steady

EBITDA margin ex. EBIT margin ex. Aker Solutions' revenue was steady at NOK 8 billion in the second quarter of 2015 from a year earlier amid progress on major projects from Africa to Norway and Brazil. Earnings before interest and taxes (EBIT) were NOK 376 million, compared with NOK 472 million a year earlier. Aker Solutions secured NOK 3.4 billion in orders in the quarter, including a key maintenance, modifications and operations contract from ExxonMobil for engineering, procurement, construction and maintenance services at the Hebron oilfield offshore Canada. The company won strategically significant orders for early-phase studies for existing and potential offshore field developments in Malaysia, Australia, the Gulf of Mexico and Norway, including the Barents Sea.

07 Aug 2015

US Adds Russian Oil Field to Sanctions List

The United States has added a Russian oil and gas field, the Yuzhno-Kirinskoye Field, to its list of energy sector sanctions prompted by Moscow's actions in Ukraine, drawing a prompt rebuke from the Kremlin on Friday. The federal government said on Thursday the field, located in the Sea of Okhotsk of the Siberian coast and owned by Russia's leading gas producer Gazprom, contains substantial reserves of oil in addition to reserves of gas. "The Yuzhno-Kirinskoye Field is being added to the Entity List because it is reported to contain substantial reserves of oil," according to a rule notice in the Federal Register. A Kremlin spokesman criticized the move. "Unfortunately, (this decision) further damages our bilateral relations," spokesman Dmitry Peskov told reporters.

17 Dec 2015

Arctech Lays Keel for Icebreaking Offshore Vessel

Construction on the hull of an icebreaking multipurpose supply vessel for Sovcomflot began today at the Arctech Helsinki shipyard with a keel laying ceremony. The vessel is the first in a series of four icebreaking sister ships ordered by Sovcomflot, Russia’s largest shipping company. The vessel’s first block, which weighs 221 tons, was placed in the building dock, signaling the starting point of the hull assembly. The vessel, which will measure 100 meters in length and 21 meters in breadth, will be capable of breaking through ice even as thick as 1.5 meters and will be outfitted for emergency evacuation, rescue and fire fighting operations, oil spill response and platform support activities.