Offshore ///

Result of Arbitration between Tullow Oil and Kosmos Energy

Tullow Oil plc has announced that a panel of arbitrators has delivered an award in favor of Kosmos Energy Ghana HC (Kosmos) in relation to its dispute with Tullow Ghana Limited (Tullow).

Eni and Sonatrach strengthen cooperation in the gas sector in Algeria

The Chairman and General Director of the Algerian state company Sonatrach, Abdelmoumem Ould Kaddour, and the CEO of Eni, Claudio Descalzi, signed an agreement that represents a further step towards the strengthening of their partnership in the Berkine basin.

M2 Subsea secures contract with Premier Oil

Global independent provider of ROV services, M2 Subsea, has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).

PG Flow Solutions to supply MEG package to Nova tie-back project

Rosenberg WorleyParson AS has awarded PG Flow Solutions subsidiary Calder Ltd. a contract to supply a MEG pump package to the Nova tie-back to Gjøa project.

SGS and BHGE launch cooperation on predictive corrosion management

SGS and Baker Hughes, a GE company have announced a strategic alliance agreement (SAA) for the joint deployment and commercialization of BHGE’s real-time software and sensor-based predictive corrosion management (PCM) solution.

Fairfield Geotechnologies successfully completes Gulf of Mexico ocean bottom node survey

Fairfield Geotechnologies announces the successful completion in May 2018 of the Stampede deepwater ocean bottom node survey, located in the Green Canyon area of the Gulf of Mexico.

Tidewater Inc., GulfMark Offshore announce $1.25-billion merger

Tidewater Inc. and GulfMark Offshore, Inc., have announced that the boards of directors of both companies have unanimously approved a definitive agreement to combine the two companies.

Providence Resources completes farm-out of FEL 2/14, offshore Ireland

Providence Resources, the Irish based Oil and Gas Exploration Company, has provided a license update on Frontier Exploration Licence (FEL) 2/14.

Norway oil strike escalates with limited supply impact

Norwegian drilling workers escalated a strike early Monday, with the impact on the country’s oil production expected to remain limited to one North Sea field in the short term.

Maersk Drilling secures two contract extensions in the North Sea

Maersk Drilling has been awarded contract extensions for the high-efficiency jackup rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively. The extensions allow the two rigs to continue their high-performance operations in the North Sea.

Interior announces region-wide oil and gas lease sale for Gulf of Mexico

In support of President Donald J. Trump's America-First Offshore Energy Strategy, Deputy Secretary of the Interior David Bernhardt announced that the Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.

Maersk Supply Service completes tow of semi-submersible

Maersk Supply Service has successfully completed the tow of a semisubmersible from Las Palmas to North-Western Australia. The tow was carried out by new-build Anchor Handling Tug Supply vessel Maersk Master of the Starfish series, whose energy efficient design minimized fuel costs during transit.

OGA launches 31st UKCS Offshore Licensing Round

The Oil and Gas Authority (OGA) has launched the 31st Offshore Licensing Round, offering blocks in frontier areas of the UK Continental Shelf (UKCS), supported by government-funded data to stimulate interest in these under-explored basins and assist companies in their activities.

Oil strike in Norway shuts Shell field as escalation looms

A strike curtailed oil production off Norway for the first time in six years as Royal Dutch Shell Plc shut a North Sea field and workers threatened to escalate labor action during the weekend.

Eni announces submission of Rovuma LNG Phase 1 development plan

Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique.

New products and services

Michele Cowart, World Oil

Nikon Metrology, in partnership with the COREX unit of Premier Oilfield Laboratories, is improving augmented rock core investigations by using high-resolution microfocus-computed tomography (micro-CT) scanning.

Companies in the news

Michele Cowart, World Oil

Akofs Offshore has been awarded a contract for light well intervention services, using its 156-m vessel, Akofs Seafarer, for all Equinor-operated licenses, in the period 2020 to 2025.

A/S Norske Shell drills dry hole southwest of Knarr field

A/S Norske Shell, operator of production license 373S, has completed the drilling of wildcat well 34/5-2 S. The well is dry.

Drilling advances

Jim Redden, Contributing Editor

Opening the Gen Z pipeline

Protecting offshore assets from the risks posed by vessels

Aaron Kline, Oceaneering International, Inc.

Mitigating risks offshore has been a contentious subject in the oil and gas industry. Until know, there were limited approaches to safe-guarding people and vessels. Today, there are new, comprehensive approaches to monitoring and communicating risk.