Det norske oljeselskap ASA has initiated production from Jette. The first well is in production, and with good results. This is the first oil produced by Det norske as operator, representing a milestone for the company. The start-up of production from Jette has proceeded as planned. The first oil arrived from Jette to the Jotun [...]
May 21, 2013 | Posted in
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Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 bbls/day once the facilities are fully commissioned. “We are delighted to have achieved first oil ahead of schedule and under budget,” said Paul Blakeley, EVP Asia-Pacific. “This [...]
May 20, 2013 | Posted in
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Santos announced that oil production has commenced ahead of schedule and on budget from the $490 million Fletcher Finucane project in the Carnarvon Basin offshore Western Australia. The Fletcher Finucane development was sanctioned in January 2012 and consists of a three-well subsea tie-back to the existing Santos-operated Mutineer Exeter floating production, storage and offloading facility. [...]
May 20, 2013 | Posted in
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1. Subsea 7 Secures Contract from Pemex Offshore Mexico Subsea 7 S.A. announced a contract award by Pemex to its Mexican joint venture valued at approximately $90 million. 2. Hallin Gets EnQuest Contract for North Sea IRM Project Hallin Marine, a Superior Energy Services company, has secured a contract with EnQuest for an inspection, repair [...]
Petrobras acquired the most blocks offered in the 11th Bid Round held by the National Petroleum Agency (ANP). Petrobras bought, whether on its own or in partnerships, 34 of the 289 blocks offered in the bid. It also secured, in its technicians’ opinions, the blocks with the highest exploratory potential offered by the agency, located [...]
May 17, 2013 | Posted in
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Subsea 7 S.A. announced a contract award by Pemex to its Mexican joint venture valued at approximately $90 million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers1 and two cantilever structures for the Line 67 Project in the Bay of Campeche. This is the second contract [...]
May 14, 2013 | Posted in
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1. MMT, Reach Subsea Establish JV Within Offshore Survey Operations MMT Group AB (Gothenburg, Sweden) and Reach Subsea AS, an integrated Subsea Service Provider (Haugesund Norway), have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. 2. Technip Bags Subsea Contract from Statoil for Gullfaks Field [...]
Exxon Mobil Corporation is commencing development of the Julia oil field in the Gulf of Mexico. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. The field was discovered in 2007 and is estimated to have nearly six billion barrels of resource [...]
May 8, 2013 | Posted in
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Technip was awarded by Statoil a contract for the removal and replacement of the two oil-loading systems at the Gullfaks field. This field is located in the North Sea, offshore Norway, at a water depth of approximately 130 meters. The contract covers the engineering, preparation and removal of the existing system, installation of the new [...]
May 7, 2013 | Posted in
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1. Technip Begins Cable Work on Borkum Offshore Wind Farm in Germany Technip Offshore Wind has started offshore operations on an array cable installation contract for phase 1 of the Borkum Wind Farm development, located 45 kilometers to the North of the German island of Borkum, in the North Sea. 2. Fuglesangs Continues Subsea Expansion [...]