Offshore ///

CNOOC surprises with 6.6% gain in annual profit as peers slump

CNOOC, China’s biggest offshore explorer, reported a 6.6% percent increase in annual profit even as the plunge in crude prices hit explorers across the world.

Polarled pipe-laying underway, Statoil says

The Solitaire pipe-laying vessel started the first stage of the Polarled installation project on Thursday, Statoil has reported. The 482-km long pipeline will transport gas from Aasta Hansteen field, in the Norwegian Sea, to Nyhamna, in western Norway.

Helix, Shell in deepwater well intervention semisubmersible contract extension

Helix Energy has entered into a new multi-year contract with Shell to provide well intervention services in the U.S. Gulf of Mexico utilizing Helix’s Q4000.

Shell to cut staff, change working patterns in North Sea

Shell UK plans to reduce the number of staff and agency contractors who support the company’s UK North Sea operations by at least 250 in 2015. Shell will also introduce changes to UK North Sea offshore shift patterns.

EMGS inks more 3D EM data sales agreements in Barents Sea

Electromagnetic Geoservices has entered into two new data licensing agreements with two oil companies for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.

Petrobras discovers 200-m hydrocarbon column at Libra C1 extension well

The Libra consortium has finished drilling extension well C1. The drilling results confirmed a hydrocarbon column 200 m deep with good permeability and porosity.

ION expands West African data library with acquisition of NamibiaSPAN

ION Geophysical has announced the completion of the seismic acquisition stage of the company's NamibiaSPAN program, which extends the full length of Namibia's offshore continental margin.

Norway to investigate fire on-board Knarr field FPSO

Petroleum Safety Authority (PSA) Norway has decided to initiate an investigation following a fire involving the generation of fumes on the Petrojarl Knarr FPSO.

Lundin spuds appraisal well on Alta discovery in Barents Sea

Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has started drilling appraisal well 7220/11-2 in PL609.

Goliat’s oil spill detection capabilities boosted by new agreement

International oil spill player Aptomar has entered into a service agreement with Hammerfest-based maritime electronics company O.M. Rønning Skipselektronikk to further enhance oil spill detection and combating capabilities at Eni Norge’s Goliat field.

Oceaneering inks OCTP development contract with ENI and partners off West Africa

Oceaneering International, as part of a consortium with GE Oil & Gas, has secured a contract with Eni Ghana Exploration and Production and its partners, Vitol and GNPC, to supply equipment for the Offshore Cape Three Points (OCTP) Block project development located off the coast of West Africa.

FMC, Technip enter into JV to launch Forsys Subsea

FMC Technologies and Technip have signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of the two companies.

Schlumberger acquires full-azimuth multiclient surveys for deepwater GoM

Schlumberger has completed the acquisition of approximately 2,750 sq km of two new full-azimuth multiclient seismic surveys over the Garden Banks and Green Canyon areas in the Gulf of Mexico.

Woodside inks PSCs for Myanmar offshore acreage

Woodside has signed production sharing contracts for Blocks AD-2, AD-5, A-4 and A-7, which were awarded to Woodside in the 2013 Myanmar Offshore Bid Round, the company announced Friday.

Southwestern Energy announces sale of conventional assets in East Texas and Arkoma

Southwestern Energy has executed a definitive agreement with a private buyer to sell Southwestern Energy’s conventional oil and gas assets located in East Texas and the Arkoma basin for approximately $218 million.

Polarcus awarded 3D project offshore UK

Polarcus Limited has signed a Letter of Intent with an undisclosed client for a 3D marine seismic project on the UKCS utilizing Polarcus' RightBAND technique for broadband data acquisition.

Venari Resources expands GoM portfolio with 12 lease sale bids

Venari Resources was the high bidder on 12 deepwater blocks in the Central Gulf of Mexico offshore lease sale held on Mar. 18 by the Bureau of Ocean Energy Management in New Orleans.

Petrobras sets new pre-salt records in Santos, Campos basins offshore Brazil

Petrobras' output from the Santos and Campos basin pre-salt clusters has reached record levels in February.

Clariant acquires chemical storage and packaging facility in Broussard, La.

Clariant Oil Services has acquired a chemical storage and packaging facility in Broussard, La.

Global Maritime Deep Sea Mooring signs winches deal with GMO

Global Maritime Deep Sea Mooring unit has announced a $770,000 million (AU$ 1 million) investment with local manufacturer Green Monster Offshore (GMO) for two state-of-the art remote operated spooling winches to support offshore pre-lay mooring operations.