MORE OFFSHORE OIL & GAS NEWS

The Siemens-PAS partnership enables energy companies to secure their complete operating environments and guard against cyber attacks.

Siemens and PAS will provide essential cybersecurity system to oil & gas and utility industries

September 19, 2017

The Siemens-PAS partnership enables energy companies to secure their complete operating environments and guard against cyber attacks.

The two helicopters will serve development, exploration and production operations in the Barents Sea for the two companies and for Statoil the contracts will be used in connection with the Johan Castberg field, pending an investment decision by the end of year.

Cooperation on two helicopters in Hammerfest

September 18, 2017

The two helicopters will serve development, exploration and production operations in the Barents Sea for the two companies and for Statoil the contracts will be used in connecti...

The number of rigs exploring for oil and natural gas in the U.S. fell by eight this week to 936, as oil rose to $50.

US rig count drops, as oil climbs to $50

September 15, 2017

The number of rigs exploring for oil and natural gas in the U.S. fell by eight this week to 936, as oil rose to $50.

Greek health authorities have banned swimming along a long line of popular Athens beaches following extensive sea pollution from the sinking of a small oil tanker five days ago.

Oil spill forces Greek authorities to close Athens beaches

September 15, 2017

Greek health authorities have banned swimming along a long line of popular Athens beaches following extensive sea pollution from the sinking of a small oil tanker five days ago.

Statoil, together with co-venturers and the Azerbaijan Government sign amended and restated Azeri-Chirag- Deepwater Gunashli PSA.

25 more years in the ACG field

September 14, 2017

Statoil, together with co-venturers and the Azerbaijan Government sign amended and restated Azeri-Chirag- Deepwater Gunashli PSA.

  Stavanger, Norway September 14, 2017, global oil services company Archer has secured a four-year contract to deliver additional plug and abandonment (P&A) and related services on the Norwegian Continental Shelf for Repsol Norge AS.    This is Archer’s second contract win with Repsol Norge in 2017, following the recent announcement of a four-year contract with Repsol Norge for P&A rig operations of wells. The scope for the first contract includes drilling and maintenance services, engineering and downhole tool rental services.      The main scope of work for the second contract for additional P&A services on the Norwegian Continental Shelf includes the provision of:    •	Perforating, washing and cementing services. •	Wireline, slickline and e-line services. •	Downhole mechanical bridge plugs.   The contract commenced on August 15, 2017. In addition to the initial contract term of four years, Archer may provide up to an additional six years for the scope of work for Repsol Norge.    Hugo Idsøe, Archer Vice President and Managing Director for Oiltools, and Jan Vader, Archer Vice President for Wireline, together announced that they were very pleased about securing the contract with Repsol Norge.   “The award of these additional contracts underlines Repsol’s confidence in Archer’s capabilities in providing integrated P&A services and strengthens our long-term business relationship with Repsol and our position as a major provider of P&A solutions on the Norwegian Continental Shelf,” they said.   “We have stayed strong and have adapted to the industry’s needs during the downturn. The contract win is a result of Archer’s continual commitment to provide operators with our experience and the right solutions to improve well delivery, integrity and performance.”    Mr Vader said: “The contract scope for Archer Wireline covers mechanical wireline services, as well as pipe recovery and logging services. We have in-depth knowledge of Repsol Norge’s wells from earlier campaigns and will combine this with our experience as the leading provider of efficient and customized P&A related wireline solutions.”   Mr Idsøe said: “For Archer Oiltools, the contract scope includes barrier testing, as well as providing rock-to-rock barriers and permanent downhole mechanical isolation. Archer is an industry leader for smart and robust solutions where well integrity, reliability and time-savings are of the highest importance.   “Our operational efficiency has been consistently high in recent years. Our plug solutions and perforating, washing, and cementing technologies deliver better wells by extending well life, maximizing well performance, and minimizing environmental impact in the most cost efficient way.” Derived from the first version plugs, today Archer’s LOCK® and SPARTAN™ series of plugs form the baseline of the company’s plug portfolio, field proven worldwide. The Stronghold™ perforating, washing and cementing systems provide an economical and effective alternative to traditional P&A. By eliminating the need for milling, Archer’s Stronghold™ systems deliver a step-change in efficiency and effectiveness for P&A and other operations.

Archer wins four-year contract to deliver additional P&A services for Repsol Norge

September 14, 2017

Global oil services company Archer has secured a four-year contract to deliver additional plug and abandonment (P&A) and related services on the Norwegian Continental Shelf ...

Shell will share with Petrobras its global deepwater experience, especially on cost efficiency efforts and use of technology.

Shell and Petrobras to strengthen deepwater partnership

September 13, 2017

Shell will share with Petrobras its global deepwater experience, especially on cost efficiency efforts and use of technology.

Global subsea equipment specialists, Ashtead Technology has strengthened its leadership team with the appointment of Brett Lestrange as UK regional director.

Ashtead appoints regional director to drive growth

September 13, 2017

Global subsea equipment specialists, Ashtead Technology has strengthened its leadership team with the appointment of Brett Lestrange as UK regional director.

The new joint venture will be largest privately-owned integrated energy company operating in Argentina.

BP and Bridas to combine PAE and Axion Energy, forming new integrated energy company

September 11, 2017

The new joint venture will be largest privately-owned integrated energy company operating in Argentina.

The energy industry is embracing the new realities it faces in the age of a lower-for-longer oil price and rising costs, according to representatives of every facet of the sector attending SPE Offshore Europe 2017.

Positivity flows from OE17: Long-game focus helps re-build confidence

September 8, 2017

The energy industry is embracing the new realities it faces in the age of a lower-for-longer oil price and rising costs, according to representatives of every facet of the secto...

School pupils went below the waves as they tested their technical skills as virtual ROV pilots during SPE Offshore Europe at the Aberdeen Exhibition and Conference Centre today (Friday, 8th September).

Budding Scottish scientists and engineers put oil and gas to the test

September 8, 2017

School pupils went below the waves as they tested their technical skills as virtual ROV pilots during SPE Offshore Europe at the Aberdeen Exhibition and Conference Centre today ...

Combining a unique, world-class approach to providing cybersecurity services with a methodology that will enable companies to obtain value from operational data and connected assets, Lloyd’s Register is enabling a cyber smart marine and offshore industry.

How can you derive value from connected assets without compromising security?

September 7, 2017

Combining a unique, world-class approach to providing cybersecurity services with a methodology that will enable companies to obtain value from operational data and connected as...

Statoil has acquired participating interests in two additional offshore frontier blocks, including one operatorship.

Statoil adds exploration licenses in South Africa

September 7, 2017

Statoil has acquired participating interests in two additional offshore frontier blocks, including one operatorship.

Siemens is taking its digitalization knowledge and experience and applying it to the oil and gas production industry.

Optimizing offshore production with Siemens Topsides 4.0 digital lifecycle solutions

September 6, 2017

Siemens is taking its digitalization knowledge and experience and applying it to the oil and gas production industry.

The contract continues Wood Group’s 12-year support of the Ichthys LNG Project development; providing subsea engineering and project management services during the concept, front-end, and detailed engineering phases of the project.

Wood Group wins five-year contract supporting INPEX’s Ichthys LNG development

September 6, 2017

The contract continues Wood Group’s 12-year support of the Ichthys LNG Project development; providing subsea engineering and project management services during the concept, fron...

More Offshore Oil & Gas News

Atwood jackup receives contract extension offshore Thailand

Sep 20, 2017

An Atwood Oceanics Inc. subsidiary has agreed to a four-month extension for the jackup drilling rig Atwood Orca with Mubadala Petroleum offshore Thailand.

Weatherford unveils HP/HT well barrier

Sep 20, 2017

Weatherford International plc has introduced the ISO Extreme retrievable well barrier, which is qualified to ISO 14310 V0 standards for gas-tight isolation.

BHP Billiton slows progress of deepwater exploration off Trinidad and Tobago

Sep 20, 2017

BHP Billiton Ltd. has pushed back the second phase of its deepwater exploration offshore Trinidad and Tobago from this year’s fourth quarter to first-quarter 2018 according to the Caribbean twin-is...

Unique, INNOVO form subsea, cable lay venture

Sep 20, 2017

Subsea contractor Unique Group has entered into a cooperation agreement with Aberdeen-based INNOVO, a developer of subsea and cable laying equipment that includes a powered drive system and a modul...

The Siemens-PAS partnership enables energy companies to secure their complete operating environments and guard against cyber attacks.

Siemens and PAS will provide essential cybersecurity system to oil & gas and utility industries

Sep 19, 2017

The Siemens-PAS partnership enables energy companies to secure their complete operating environments and guard against cyber attacks.

Thialf connects Sverdrup drilling modules

Sep 19, 2017

Aibel has completed assembly of the three modules for the Johan Sverdrup drilling platform in Klosterfjorden, Norway.

Wintershall cleared for deepwater Balderbrå well off mid-Norway

Sep 19, 2017

Wintershall has permission from Norway’s Petroleum Safety Authority to drill a deepwater exploration well in production license 894 in the Norwegian Sea.

FES supplies connectors for OCTP project offshore Ghana

Sep 19, 2017

FES International has delivered equipment for Eni’s Offshore Cape Three Points project, 60 km (37 mi) offshore Ghana.

Balmoral takes stake in UK mooring specialist

Sep 19, 2017

Offshore buoyancy specialist Balmoral Group has committed to invest £10 million ($13.5 million) in Turriff-based ACE Winches.

The two helicopters will serve development, exploration and production operations in the Barents Sea for the two companies and for Statoil the contracts will be used in connection with the Johan Castberg field, pending an investment decision by the end of year.

Cooperation on two helicopters in Hammerfest

Sep 18, 2017

The two helicopters will serve development, exploration and production operations in the Barents Sea for the two companies and for Statoil the contracts will be used in connection with the Johan Ca...

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