Oil And Gas Operator News

Allseas' giant heavy lift vessel Pioneering Spirit will remove the DP3 and DP4 platforms in Morecambe Bay off the U.K. for independent oil and gas operator Spirit Energy.The two normally unmanned installations used to produce gas as part of Spirit Energy’s complex of eight installations in Morecambe Bay. As the field has matured, the reserves the platforms previously tapped into have been produced by the larger, manned Central Morecambe platform nearby.The 12 wells that were connected…

LOC Group, a provider of services to the offshore oil and gas industry, announced it has become the third-party provider for marine assurance and inspection with BP Egypt.LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt. This is the first time LOC Egypt has been awarded work by BP, the major oil and gas operator in Egypt. The First vessel inspection is expected to commence imminently to ensure efficient participation in their offshore campaign/Project.Tamer Gamil, LOC Egypt Country Manager, said, “This is the first agreement we have won with BP Egypt, which demonstrates the considerable progress we have made as an organization since opening our office here in January 2018.”R V Ahilan…

The Norwegian oil and gas operator focused on the Middle East and the North Sea, DNO ASA said it has completed the private placement of USD 400 million of new, five-year senior unsecured bonds with a coupon rate of 8.375 percent.The bond placement received strong investor demand across international markets and was oversubscribed, said a press release from Norway's oldest oil company. The bond issue is expected to be settled on or about 29 May 2019, subject to customary conditions precedent.An application will be made for the bonds to be listed on the Oslo Stock Exchange. In connection with the bond placement, the Company has agreed…

Britain's Faroe Petroleum has agreed to swap oil and gas fields with Norwegian state firm Equinor as it fights a hostile takeover from Norwegian oil and gas operator DNO.It appears that Faroe in fight-back mode after DNO’s so-called ‘opportunistic’ bid.The oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK said in a press note that it has signed a binding agreement with Equinor Energy to swap its interests in the Njord, Hyme redevelopment and Bauge development assets in return for interests in four production assets on the Norwegian Continental Shelf: Alve, Marulk, Ringhorne…

Subsea services provider Bibby Offshore said it has secured a fixed term framework agreement with independent oil and gas operator Spirit Energy.Awarded in April, the two-year agreement, which follows on from a previous five-year agreement, will see Bibby Offshore carry out inspection repair and maintenance (IRM) works, remotely operated vehicle (ROV) inspection and subsea survey operations across a number of North Sea structures and pipelines.The project will utilize Bibby Offshore’s diverse fleet capabilities, including its multi-role diving and ROV support vessel, Bibby Sapphire, a Quasar M

The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a platform worker in an area of the Gulf of Mexico known as West Cameron 215A, about 64 miles south of Lake Charles, Louisiana. The offshore oil and gas operator, Energy Resource Technology GOM, LLC, a subsidiary of Talos Production LLC, reported that the fatality occurred at approximately 10:30 am on Feb. 17, 2018. The deceased worker was involved in replacing firewater piping at the time of the incident. No other personnel were harmed. There was no pollution as a result of the incident.

Developing the capability to discriminate between ships and icebergs in northern latitudes is a common interest shared by Canada’s Department of National Defense (DND) and the oil and gas industry. For DND, the focus is on ship detection for maritime security, whereas oil and gas companies are interested in detecting icebergs to ensure primarily the safety and also the productivity of offshore exploration and production operations. The Polar Epsilon and Polar Epsilon-2 applied…

Aker Solutions won a framework agreement to provide engineering and construction services for several offshore oil and gas fields in the UK North Sea. The contract has a fixed period of five years as well as an option to be extended by five years. Aker Solutions' maintenance, modifications and operations (MMO) business in the UK will deliver on the assignment, which was awarded by an international oil and gas operator. "Winning this contract in such a competitive market proves Aker Solutions' ability to find effective ways to support our customers at a challenging time for the industry," said David Clark, Aker Solutions' regional president for Europe and Africa. The contract was booked as part of Aker Solutions' fourth-quarter 2015 order intake.

Atlantic Offshore Rescue will unveil the third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling $458 million. Ocean Falcon, a new Class A Multi Role and Emergency Response and Rescue (MRV/ERRV) vessel, is to be christened at a ceremony at Aberdeen harbor before commencing a contract with a major U.K. operator. Atlantic Offshore Rescue will provide emergency recovery, rescue cover, tanker assistance and general field support for offshore operations at the Curlew Field, in the North Sea.

Intelligent Engineering (IE) has supplied TNKC (UK) Ltd with SPS Citadel Access Protection doors for all nine of the bulk carriers in their fleet, with the last set being delivered in late February 2015. The bulk carriers which operate in high risk areas are now fitted with this innovative system which delivers protection against maritime piracy. Dimitar Dimitrov, Technical Superintendent, TNKC (UK) Ltd commented, “With minimal financial commitment, we have been able to achieve a safe haven for our crews - our most valuable asset. The system has been simple to install.

Mermaid has secured a 2-year contract for its dive support vessel, ‘Mermaid Commander’, to provide subsea construction support in the Gulf of Thailand for a repeat international fabrication and installation contractor whose end customer is a major international upstream oil and gas operator. The contract has an estimated value of USD 50 million. The 2-year contract will be for subsea construction and will be performed using saturation diving and will include the installation of numerous spool pieces, risers, wyes, tees, etc. Additional services include the provision of a remotely operated vehicle (“ROV”), survey, and a spool fabrication spread.

The Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans. The offshore oil and gas operator, Fieldwood Energy, reported the explosion on its Echo Platform just before 3pm this afternoon. The operator has reported that there is one fatality and three others being treated at an onshore medical facility as a result of the incident. The Echo Platform was not in production at the time of the incident. The facility damage was limited to the explosion area and there was no pollution reported. BSEE is coordinating with the U.S. Coast Guard during the response. BSEE will investigate the incident.  More information will be provided as it becomes available.

LQT Industries , a full-service provider of accommodation facilities, design-build construction services, and support services to the oil and gas industry, has engineered and built a new series of aluminum accommodation buildings that will be utilized by a major oil and gas operator on a platform in the Gulf of Mexico. The buildings are 10’W x 35’L and weigh only 16,000 pounds. These newly built buildings, along with one of LQT’s modular helidecks which will be placed on top of the buildings, have been allocated for a major oil and gas operator and commissioned on a platform in the Gulf of Mexico in September 2014. The fleet expansion adds another option to their wide variety of buildings to give customers more flexibility to choose the optimum accommodation package for their project.

If and when Brazil gets its maritime act together, oh what a shipbuilding market force it could be. The modern Brazilian shipbuilding industry was established in the 1960s, induced by a broad and effective governmental policy. The 1960s and 1970s saw the rise of the merchant marine and shipbuilding industry in Brazil. The creation of the “Merchant Marine Fund” and the “Tax for the Merchant Marine Renewal,” in 1958, together with other specific targets set by the government at that time, made investments available to the shipbuilding industry and for the development of the merchant marine in general. Counting on such incentives, new shipyards such as Ishibras and Verolme were built…

The Bureau of Safety and Environmental Enforcement (BSEE) informs it is responding to a report of an emergency disconnect and production shut-in onboard the Helix Producer 1 located approximately 100 miles southwest of Houma, La. The offshore oil and gas operator, Energy Resources Technology Gulf of Mexico, LLC (ERT)/Talos reported to BSEE that the facility experienced an electrical black-out at approximately 1:45 p.m. CDT. ERT performed an emergency disconnect of the transfer system buoy. A buoy release causes a full production shut-in.

ITF (Industry Technology Facilitator) welcomes to its ranks Lloyds Register, the world's oldest certification authority. ITF, the technology facilitator for the global oil and gas industry, is a not-for-profit organisation owned by 30 international oil and gas operator and service companies. It says it is the only global collaborative R&D funding programme operating across continents. Founded in 1760, Lloyds Register is the first certification authority to be part of ITF. As an energy and maritime classification society and independent risk management organisation, the company has expertise in a number of industries including oil and gas, nuclear and renewables, and provides an alternative angle of technology challenges for the energy sector.

More than US$160 million worth of contracts won by the subsea services, offshore support services divisions, and the energy services division. EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has announced that its subsea services, offshore support services and energy services divisions (EMAS AMC, EMAS Marine and EMAS Energy respectively) have been awarded multiple contracts for projects in the North Sea and Asia Pacific. EMAS AMC has been awarded several new contracts and options worth up to US$85 million in aggregate for several projects in the North Sea and Asia. This includes a project with an oil major in the Asia Pacific region worth up to US$45 million.

Ezra Holdings announces multiple contracts, worth + US$160-million, for its subsea, offshore & energy services divisions. Ezra divisions, EMAS AMC, EMAS Marine and EMAS Energy have been awarded multiple contracts for projects in the North Sea and Asia Pacific. The average tenor for all contracts is approximately 2.6 years including options. EMAS AMC has been awarded several new contracts and options worth up to US$85 million in aggregate for several projects in the North Sea and Asia. This includes a project with an oil major in the Asia Pacific region worth up to US$45-million. Other awards include a new subsea and moorings installation…

Cal Dive International has entered into a 50/50 strategic partnership with Fugro for the long-term charter of the DP2 Toisa Paladin, a 2007 purpose built, DNV classed, diving support vessel. The charter party agreement with Toisa Pte Ltd will be shared equally between Cal Dive and Fugro and has a three-year term plus two six-month extension periods. Cal Dive and Fugro will bring together their respective expertise to jointly pursue the growing number of subsea projects to provide construction, diving, ROV and other services to the offshore energy industry. The Toisa Paladin is currently working on its first project in Malaysia. Cal Dive…

The oilfield procurement services company has been awarded a three year contract with BG in the North Sea worth between £3million and £4million. Under the contract, CIS, which has bases in Aberdeen, Cape Town and Houston, will procure a wide range of oilfield consumables and tools and provide procurement services, ensuring necessary supplies are delivered on time and on budget to BG’s assets in the UKCS. CIS, which operates globally, has reported record sales in 2012. With a turnover of £37million, the company provides an extensive range of products and services to the global energy industry and has a buying power approaching £3million per month. As a result the company says it passes on significant savings to its customers, creating a competitive advantage.

More than 30 oil and gas organisztions in the Middle East will gather to discuss the opportunities and challenges of collaborating on technology development in the GCC (Gulf Cooperation Council). The event, organised by ITF, the technology facilitator for the global oil and gas industry and  sponsored by Kuwait Oil Company, will take place in Abu Dhabi on Monday February 27. ITF, a membership organization of international oil and gas operator and service companies, is  encouraging companies in the GCC to focus on the need for collaborative oil and gas technology funding and agree commitment to drive forward with a strategy for the region. Neil Poxon, managing director of ITF will outline the benefits of driving new groundbreaking technologies through joint industry projects.

Petrotechnics, the global leader in the provision of frontline work execution solutions to the oil and gas sector, has announced the major deployment of its Sentinel PRO system across 13 installations for a major oil and gas operator in Canada. The project, which is part of a £3million ($5million) global roll out, will see Sentinel PRO become operational in both on and offshore installations across East and West Canada by the end of November this year. It will also see training delivered to a total of 1000 people…

Perth, Western Australia: Mobilarm's VHF DSC locator beacon technology has been chosen by Apache Energy to provide man overboard alerting and location for workers carrying out scheduled maintenance aboard the Reindeer Wellhead Platform, Northwest Australia. The 35 VHF DSC locator beacons ordered by Apache will be carried by maintenance crew, providing improved probability of rescue and survival should an emergency evacuation or man overboard (MOB) occur. "Although already being used to safeguard workers in a number of sectors including…