Offshore ///

Iceland's oil dream in peril as China, Norway give up last block

Iceland’s hope of finding oil offshore its coast is fading after China and Norway decided to back out of the island nation’s only remaining exploration license.

LLOG Exploration begins drilling at Buckskin project, in deepwater Gulf of Mexico

LLOG Exploration Company, LLC, has announced that development drilling operations have begun at the Buckskin project in the deepwater Gulf of Mexico.

Petrofac secures key North Sea contract from Chevron

Petrofac’s Engineering and Production Services (EPS) division has been awarded a new Offshore Manning Services contract by Chevron North Sea Limited (Chevron).

Heerema Fabrication Group awarded EPCI contract by Tulip Oil

Tulip Oil Netherlands Offshore B.V. has awarded Heerema Fabrication Group (HFG) an Engineering, Procurement, Construction and Installation (EPCI) contract for the Q10-A unmanned offshore platform.

Equally impressive: Maersk Discoverer drills in shallow waters

Did you know that on a deepwater rig it is just as challenging to drill in shallow water as in very deep water?

Aker Solutions wins subsea orders for Troll and Askeladd projects

Aker Solutions was awarded contracts from Statoil to provide subsea production systems and services for the Troll Phase 3 and Askeladd natural-gas developments offshore Norway.

Aker BP inks frame agreement with Aqualis Offshore

Under the Frame Agreement, Aqualis Offshore will provide marine warranty surveyor and marine services to Aker BP’s fixed platforms, mobile units and subsea fields on the Norwegian continental shelf.

Otto Energy reports drilling on South Marsh Island Block, in the Gulf of Mexico

Otto Energy Limited has advised that the OCS G-34266 #F-3 well (F3) on South Marsh Island Block 71 (SM 71), was drilled to a depth of 3,539 ft MD on Jan. 15, 2018, where 10 3/4-in. casing was set and cemented in place.

Waters near Florida still being considered for oil drilling

Despite Interior Secretary Ryan Zinke’s Jan. 9 declaration that Florida is "off the table" for offshore oil drilling, that activity is actually still on the table.

ExxonMobil acquires exploration, production rights for Ghana's Cape Three Points

ExxonMobil today announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.

ELA Offshore to equip Jumbo MV Fairplayer

ELA Container Offshore GmbH has recently delivered two ELA Offshore Living Quarters, Type Allrounder, to Jumbo Offshore. The TLQs were installed on board their Construction Support Vessel MV Fairplayer.

Deep Sea Mooring commences mooring operations on NCS

Deep Sea Mooring (DSM), a Vryhof company, has commenced operations with the newly awarded contract to provide pre-lay mooring products and services to the Deepsea Bergen semisubmersible drilling rig on the Norwegian Continental Shelf.

Husky falls as close call with iceberg suspends operations

Husky Energy Inc. tumbled the most in two years after the Canadian energy company suspended operations on its SeaRose offshore vessel in the Atlantic, after receiving a reprimand for a close call with an iceberg.

Tullow Oil, Eco Atlantic enter Phase Two for Orinduik Block, offshore Guyana

Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, announces that at the Company and Tullow Oil (together “the Partners”) on the Orinduik Block, have elected to enter Phase Two of the Initial Period under the Petroleum Agreement and Prospecting License, Orinduik Block, offshore Guyana.

Lundin awarded 14 licenses in Norwegian licensing round

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded a total of 14 exploration license interests in the 2017 Norwegian licensing round (Awards in Predefined Areas, APA).

Faroe Petroleum awarded eight exploration licences in Norway

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has been awarded eight new prospective exploration licences, including four operatorships, in the Norwegian North Sea under the 2017 Norwegian APA (Awards in Pre-defined Areas) Licence Round.

Talos Energy reports initial production from Tornado II

Talos Energy LLC has announced initial production from the Tornado II deepwater well (GC 281 #2ST), located in Phoenix field of the Green Canyon area of the Gulf of Mexico in approximately 2,700 ft of water.

Statoil awarded new production licences on NCS

In connection with the Award in Predefined Areas (APA) for 2017 Statoil has been offered interests in 31 exploration licences on the Norwegian continental shelf (NCS), 17 of these as operator, and 14 as a partner.

Mozambique's gas-rich north faces specter of further attacks

Sporadic attacks by gunmen in northern Mozambique will probably continue although they’re unlikely to hurt investment in the region’s sizable gas resources, Control Risks Ltd. said, after seven people were killed in raids in the past week.

Subsea Expo to explore overseas opportunities for UK companies

With UK subsea exports valued at almost £4 billion, Subsea UK is encouraging British firms to target international expansion to sustain long term growth.