Deepwater ///

Ensco, Atwood file definitve proxy materials for merger agreement

Ensco plc and Atwood Oceanics, Inc. announced today the filing of definitive proxy materials with the U.S. Securities and Exchange Commission in connection with the previously announced merger agreement under which Ensco will acquire Atwood in an all-stock transaction.

ConocoPhillips receives consent for removal of minor structures at Ekofisk

ConocoPhillips has received consent for preparations for and the start of the removal of minor structures from the Ekofisk field facilities, including the installation of a temporary crane on Ekofisk 2/4 FTP.

Maersk Drilling reports major contract wins for three rigs

Maersk Drilling has been awarded a contract by Shell for the deepwater semisubmersible rig Mærsk Developer. The contract covers the drilling and completion of three wells, and the suspension of one well, all located in block E of the East Coast Marine Area (ECMA) offshore Trinidad.

GOM lease sale yields $121 million in high bids on 508,096 acres

U.S. Secretary of the Interior Ryan Zinke has announced that the region-wide Gulf of Mexico lease sale generated $121,143,055 in high bids for 90 tracts covering 508,096 acres in federal waters of the Gulf of Mexico. A total of 27 companies participated in the sale, submitting 99 bids totaling $137,006,181.

Wood Mackenzie reports results of GOM lease sale

The U.S. Gulf of Mexico region wide Lease Sale 249 was held today, Aug. 16, 2017. It attracted 99 bids from 27 participating companies, with high bids totaling $121 million.

Abrado Wellbore Services completes first Gulf of Mexico run with new marine riser scraper tool

Abrado announced today that it has completed its first run with the new Maximo marine riser scraper tool for a major operator in the Gulf of Mexico.

The Buchan Alpha oil production vessel arrives at Veolia, Peterson decommissioning facility

The Repsol Sinopec Resources UK, Buchan Alpha oil production vessel, weighing 12,000 tonnes, arrived safely in Lerwick, Shetland, on Aug. 12-13. Decommissioning of the facility is being managed by Veolia and Peterson and is believed to be the first major North Sea floating production vessel facility to be disposed of in Scotland.

Ocean Power Technologies establishes Houston presence

Ocean Power Technologies, Inc. has announced that it has established a presence in Houston, Texas to more effectively support the company’s oil & gas business development activities.

Aker BP awards lease of semisubmersible to Odfjell Drilling

Aker BP ASA has awarded an agreement to Odfjell Drilling for the lease of the semisubmersible drilling rig Deepsea Stavanger for a period of approximately 9 months, with commencement in February 2018.

M2 Subsea secures vessel alliance in Gulf of Mexico

M2 Subsea, the global independent provider of ROV services, has formed an alliance with vessel operator, Harvey Gulf Marine International, to provide subsea ROV services in the Gulf of Mexico.

Atwood Oceanics announces contract for ultra-deepwater rig offshore Africa

Atwood Oceanics, Inc., has announced that one of its subsidiaries agreed to a one well contract at an undisclosed dayrate for operations offshore Northwest Africa with Kosmos Energy Ventures for the ultra-deepwater rig, the Atwood Achiever.

Newfoundland and Labrador shrug off mediocre market, as offshore projects proceed

Kurt Abraham, World Oil

Despite less than ideal oil prices, operators are proceeding with multiple field projects offshore Newfoundland, given their long timeframes. The exploration side of the local industry is also active, while provincial officials consider the next role for the long-serving, Bull Arm fabrication site.

U.S. operators are teed up for a drilling resurgence

Alex Endress, Craig Fleming, Kurt Abraham, World Oil

Drilling activity is noticeably higher, as American drillers climb out from historically low levels.

Repsol Norge awards four-year P&A contract to Archer

Archer Limited announces a four-year contract for P&A rig operations. The contract scope includes permanent plugging and abandonment of the wells on the Gyda platform operated by Repsol Norge AS.

Newly launched decommissioning company appoints CEO, makes first acquisition

Well-Safe Solutions, a specialist well abandonment company, has acquired Intervention Project Management (IPM) for an undisclosed sum.

Oil & Gas in the Capitals

Mauro Nogarin, Contributing Editor

Notwithstanding Latin America’s limited economic growth, exploration investments are the common denominator in the region’s major oil and gas plays.

Suretank Brazil aims to revolutionize chemical transportation for oil and gas

Suretank Latin America has entered into a partnership agreement with Pinamak aimed at dramatically reducing operating costs in the transportation of chemicals to offshore platforms.

ADNOC in advanced talks with potential partners for new offshore oil concession

The Abu Dhabi National Oil Company (ADNOC) has announced that it is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated by the Abu Dhabi Marine Operating Company (ADMA-OPCO) that expires next March.

Dream of $65 billion hidden off Norway is fading away

Norway’s oil industry has been salivating for years over the Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.

New decommissioning company targets £200-million investment

Well-Safe Solutions, set up by a group of oil industry stalwarts - including Alasdair Locke, Mark Patterson, and Paul Warwick - will provide a ground-breaking approach to the safe and cost-efficient decommissioning of subsea wells.