Oil And Gas Industry News

15 Sep 2019

NPD Opens Registration for Popular Course

The course is held by NPD employees, including Svein Arne Svilosen, Even Gilleboe, Janka Rom og Sølvi Amundrud. Photo: NPD

Norwegian Petroleum Directorate (NPD) informed that candidates can now register for “Course for the industry" (Kurs for næringen) which will be held on 14 November in our offices in Stavanger. The registration deadline is 8 November.The course provides an introduction to the Norwegian Petroleum Directorate’s roles and tasks, and how our work affects your working day in the oil and gas industry.This is a popular course that has received good feedback from the participants in the three previous courses, it said.Torhild S.

12 Sep 2019

ION Wins 2D Multi-Client Gig Offshore West Africa

Image: ION

ION Geophysical Corporation, a technology focused company that provides geophysical technology, services and solutions to the global oil and gas industry, announced a new 2D multi-client program offshore West Africa.The industry-supported NamibeSPAN program covers the under-explored Namibe basin offshore southern Angola. The dataset integrates ION BasinSPAN programs in the area, forming a contiguous regional exploration framework in excess of 65,000 km along the West African coast. The program is the conjugate tie with offshore Brazil.

05 Sep 2019

Repsol Sinopec Extends Petrofac North Sea Gig

Image: Petrofac

Petrofac, a provider of oilfield services to the international oil and gas industry, has been awarded a major contract extension in support of Repsol Sinopec Resources UK Limited’s North Sea operations.The Jersey-based energy services firm said in a press note that it will provide engineering support services as a tier 1 contractor for brownfield modifications and projects across Repsol Sinopec Resources UK’s operated assets and terminal at Flotta.Nick Shorten, Managing Director for Petrofac Engineering and Production Services West…

26 Aug 2019

U.S. To “Drown The World” In Oil

Image: Global Witness

A staggering 61% of the world’s new oil and gas production over the next decade is set to come from one country alone: the United States.According to a report by Global Witness, the sheer scale of this new production dwarfs that of every other country in the world and would spell disaster for the world’s ambitions to curb climate change – the effects of which we’re already witnessing through massive heat waves, flooding, and extreme weather.Earlier this year, we crunched the numbers…

20 Aug 2019

SE Asia Plans Oil Spill Contingency

Pic:  International Maritime Organization (IMO)

According to International Maritime Organization (IMO), one of the key elements in oil spill contingency planning is to define the communication channels to be used by cooperating parties when facing an incident.A workshop in Pulau Indah, Klang, Malaysia (19-21 August) has brought together officials from states in the Association of Southeast Asian Nations (ASEAN), to help bring into operation the Regional Oil Spill Contingency Plan, which was adopted in 2018.Participants from nine countries got to grips with key elements of the plan and practiced communications between States…

15 Aug 2019

SeaBird Faces Delays in Seismic Surveys

Image: SeaBird Exploration

SeaBird Exploration, a global provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, has estimated that its ongoing seismic surveys in West Africa and Americas will both be completed about two months later than originally planned.The the ongoing niche 3D survey in West Africa utilizing the “Nordic Explorer” and a 2D survey in the Americas employing the “Harrier Explorer” are rigged with the ”Digistreamer” technology and both…

12 Aug 2019

PG Flow to Supply Mud Agitators for MMA

MMA Chieftain (Photo: MMA Offshore)

Australian provider of marine solutions and expertise to the offshore oil and gas industry, MMA Offshore orders mud agitators for its AHTS MMA Chieftain, which is operating in the Middle East region.Norwegian pump and liquid handling specialist PG Flow Solutions will supply a set of PG-Submix 80 hydraulically driven mud agitators to the AHTS (anchor handling tug supply vessel), plus hydraulic power unit and control system. This proven solution meets with the stringent demands of Saudi Aramco…

07 Aug 2019

Cambodia Readies with Oil Spill Preparedness

Pic: International Maritime Organization

Supporting countries to prepare for contingencies is an important part of International Maritime Organization (IMO) 's capacity building work.According to the UN body, Cambodia is the latest country to benefit from IMO assistance to update its oil spill contingency plan, by identifying country-specific risks and existing gaps in order to be able to respond effectively to oil spill incidents.A national workshop in Phnom Penh, Cambodia (6-9 August) has brought together 60 participants…

06 Aug 2019

BSEE Retains TGS

Image: BSEE

Norwegean surveying services company TGS-NOPEC Geophysical Company (TGS) has been awarded a five-year contract for Digital Well Log Data Processing with the United States Department of the Interior, Bureau of Safety and Environmental Enforcement (BSEE), a federal agency tasked with overseeing offshore oil and gas activities.TGS has been providing Digital Well Log Data Processing services to BSEE since 2004, said the provider of multi-client geoscience data to oil and gas Exploration and Production companies worldwide.BSEE requires complete…

05 Aug 2019

Saipem Joins JV for Arctic LNG2 Project

Image: Novatek

Italian oil and gas industry contractor Saipem reached a deal on Friday to participate in a joint engineering venture for a liquefied natural gas (LNG) project in the west of Siberia.The subsidiary of Eni said in a press release that it has has reached an agreement with Technip France SA and NIPIgaspererabotka to participate in the Joint Venture for the realization of the Arctic LNG2 project.The project has been awarded by Arctic LNG2, a company formed by Novatek JSPC (60%) and Ekropromstroy Ltd (40%).It comprises the detailed design…

31 Jul 2019

MDL Wins Equatorial Guinea Pipelay Work

Pic: Maritime Developments

Maritime Developments (MDL), a provider of back-deck equipment for the subsea sector of oil and gas industry, has been awarded a contract to supply a complete pipelay spread and personnel for a flexible installation offshore Equatorial Guinea.The award comes from a new client, whose work scope covers the launch of a number of new wells in an existing network of drill centres in the West African basin, MDL said.The MDL spread will consist of the MDL Horizontal Lay System (HLS)…

31 Jul 2019

GSP Offshore, Trident Black Sea Bid in Ukraine

Image: Upetrom Group

GSP Holding company GSP Offshore SRL is the preferred drilling and engineering services provider of Trident Black Sea, in its bid for the right to negotiate a production sharing agreement (PSA) with the Ukrainian government for the offshore Dolphin block in the northwestern part of the Black Sea.According to a press release from the Romanian company providing offshore integrated services for oil and gas industry said that Trident Black Sea will be the operator of the project,…

17 Jul 2019

CITB Expands North Slope Operations

image credit: CITB

Cook Inlet Tug & Barge (CITB), an independently managed subsidiary of Foss Maritime Company, has announced that operations on Alaska’s North Slope are officially underway for the 2019 ice-free season. Three newly acquired tugs, along with barges and shore equipment, will be operating out of Prudhoe Bay for approximately the next three months.“It is great to see these vessels on the water and ready to work,” said Jeff Johnson, President of CITB. “These shallow-draft tugs and barges…

15 Jul 2019

OP/ED: Stronger Together

Image CREDIT: AdobeStock / ©_Ian Dyball

In 1941, geologist Orval Lester Brace stated “it may be tentatively assumed that the Gulf of Mexico is a potential source of salt-dome oil. Whether or not it will be economically feasible to explore these waters for the domes that must exist is a question for the future to answer.”  The future hypothesized by Mr. Brace was not nearly as far off as it seemed. Less than six years after his proclamation, Kerr-McGee Oil Industries, along with Phillips Petroleum, Stanolind Oil and Gas Co…

15 Jul 2019

SPARK Joins OSC for $450mln Biz Incubator

Photo: Saudi Arabian Oil Co.

Saudi Aramco's King Salman Energy Park (SPARK) and Dubai-based Oilfields Supply Center Ltd. (OSC) signed an agreement to establish OSC as an anchor tenant at SPARK.OSC will develop a business incubator called the Common User Supply Base (CUSB) in collaboration with Saudi Aramco, to support the oil and gas industry in the Kingdom and the region, as well as help accelerate the growth of small and medium-sized enterprises (SMEs) in the energy sector.OSC plans to invest around USD 450 million over the next two years…

10 Jul 2019

Trelleborg Wins Elastopipe Contract

Image: Trelleborg

Swedish global engineering group Trelleborg's  offshore operation has been awarded a major multi-million USD contract by Mexican state-owned petroleum company, Pemex, for Elastopipe.Elastopipe, a patented flexible piping system developed for transporting a variety of fluids, will be installed on board the Abkatun A complex in the Bay of Campeche in the Gulf of Mexico.Morten Kristensen, Business Group Director at Trelleborg’s offshore facility in Norway, said: “This is our first contract made directly with Pemex and the largest contract in our history for Trelleborg’s Elastopipe system.

01 Jul 2019

Africa Dominates LNG Investments

Graph: Rystad Energy

With LNG greenfield investments expected to reach near $103 billion this year, 2019 is set to shatter previous records for the oil and gas industry, said a report by Rystad Energy.And Africa Africa is taking the lead in the next phase of global LNG mega-projects, it said.Mozambique’s Area 1 and Area 4 projects, the latter of which is expected to secure a final investment decision (FID) from operator ExxonMobil by the end of the year, are making Africa the dominant LNG investment destination this year…

30 Jun 2019

DP World Set to Acquire Topaz Energy

Photo: DP World

The world’s largest port operator DP World is in advanced discussions to acquire Topaz Energy & Marine, marking the Dubai-based company's first potential foray into the oil and gas industry.Britain’s Sky News, citing sources, earlier reported that a $1.3 billion deal for DP World to take over Topaz could be announced as early as Monday. The report didn't specify whether the valuation was referring to the equity or enterprise value of the transaction.However, Bloomberg reported that the port operator is in “very advanced” discussions to acquire Topaz Energy.

25 Jun 2019

DeVilbiss Joins Glosten

David DeVilbiss (Photo: Glosten)

Glosten announced the hiring of David DeVilbiss, who will join Glosten’s Marine Construction group as a Senior Marine Consultant.Formerly Vice President of Marine Casualty & Emergency Response at Global Diving & Salvage, Inc., DeVilbiss oversaw all marine casualty and emergency response operations throughout all operating regions. He brings over 25 years of marine industry experience ranging from vessels, marine infrastructure, and the oil and gas industry.DeVilbiss attended Le Tourneau University (Mechanical Engineering)…

20 Jun 2019

DSV Rever Polaris Gets Engine Overhaul

Rever Offshore’s Rever Polaris (Photo: Royston)

New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000 running hours service on the generator engines on board the 113-meter-long vessel at A&P Tyne’s facilities in the North East of England, as part of a comprehensive refurbishment and maintenance program of critical power units.The 1999-built Polaris is part of Rever Offshore’s fleet consisting of specialist offshore support vessels (OSV)…

14 Jun 2019

Renewable Energy Brings 11 Million Jobs

Image: IRENA

According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in 2017.As more and more countries manufacture, trade and install renewable energy technologies, the latest Renewable Energy and Jobs – Annual Review finds that renewables jobs grew to their highest level despite slower growth in key renewable energy markets including China.The diversification of the renewable energy supply chain is changing the sector’s geographic footprint.

12 Jun 2019

Offshore: New Project Pace Quickens

As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.However, haste can lead to less certainty of what the ultimate cost of any given project will be. Projects with high levels of so-called engineering definition are generally expected to remain within about 20% of the initial cost estimates, according to Rystad Energy.“For offshore operators, that means…

14 Jun 2019

Shawcor Bags $49m in Pipe Coating Contracts

(Photo: Shawcor)

Energy services company Shawcor’s pipe coating division has entered into several contracts with an international EPC contractor to provide coating services for offshore pipeline projects.The projects include: Petrobras’ Mero in Brazil; ConocoPhillips’ Tor 2 in Norway; BP’s Atlantis in the Gulf of Mexico; Energean’s Karish in the Mediterranean Sea; Shell’s Powernap in the Gulf of Mexico; Equinor’s P1 and Duva in Norway.These projects will be executed within Shawcor’s network of coating facilities…

Maritime Reporter Magazine Cover Aug 2019 - The Shipyard Edition

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