Offshore ///

Polarcus awarded broadband 4D project offshore Norway

Polarcus has received a Letter of Intent for a 4D project over a field offshore Norway, the company said Friday.

Woodside in second gas discovery offshore Myanmar

Woodside’s Thalin-1A exploration well in Block AD-7, in the Rakhine basin, has intersected a gross gas column of approximately 64 m.

Repsol to shut unprofitable Norwegian field amid oil price rout

Repsol SA plans to shut down its unprofitable Varg oil deposit in the North Sea, the first time a Norwegian field will be closed because of the crude-price collapse.

Statoil awards Technip contracts for Johan Sverdrup, Oseberg Vestflanken

Statoil has awarded Technip two lump-sum contracts for infield pipeline construction for the Johan Sverdrup development and the Oseberg Vestflanken 2 project.

Statoil opts for ProSep technology for Gudrun platform

ProSep has been awarded a new contract by Statoil. The agreement, which commences this month, will see the company supply its proprietary ProSalt mixer technology to Statoil’s Gudrun platform in the Norwegian North Sea.

Capex cuts on flagship projects affirm Norway’s tax stability plans: GlobalData

Plans to continue development on critical Norwegian Continental Shelf oil and gas projects over the past few months, enabled by the achievement of significant cost reductions, will give Norway’s government some reassurance over its decision to maintain the stability of its fiscal regime in the face of falling prices, says an analyst with GlobalData.

Petrofac secures first well management contract of 2016

SPD Ltd., part of the Petrofac Group, has secured a contract from Zennor Petroleum to provide well design and well construction management services, to support the Finlaggan appraisal well, which is in the Central Sector of the North Sea.

Obama seeking $204.9 million for BSEE in proposed budget

President Obama’s fiscal year (FY) 2017 budget request for the Bureau of Safety and Environmental Enforcement (BSEE) is $204.87 million, a $196,000 increase above the FY 2016 enacted level, and includes $96.34 million in current appropriations and $108.53 million in revenue from rental receipts, cost recoveries, and inspection fees.

Magseis, BGP win major Saudi seismic contract

Magseis has, together with its partner BGP, been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea.

Harkand completes campaign in Trinidad and Tobago for BP

HARKAND has completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilizing the Harkand Da Vinci diving support vessel (DSV) and the company's new hyperbaric rescue facility (HRF) in the Caribbean.

Aker Solutions to deliver concept study on future Johan Sverdrup phases

Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup field, Norway's largest oil find in three decades.

Maersk launches new offshore crane training program

Maersk Training has launched a new offshore crane operator program. It is designed to grant crane operators and their companies access to offshore lifting operations worldwide.

Gloomy outlook dominates UK’s oil and gas sector

LONDON -- Companies in the UK oil and gas industry are increasingly pessimistic about their business prospects, according to Oil & Gas UK’s Q4 2015 Business Sentiment Index.

Aibel awarded new study for Johan Sverdrup development

Aibel has been assigned an important study for Statoil’s Johan Sverdrup development. The Stavanger-based company is one of those working on a C study for the second phase of the field's development.

Wood Group extends Chevron contract in the North Sea

ABERDEEN, United Kingdom -- Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea.

GE oil deal offers new model to prevent BP-Like offshore spills

General Electric Co. is expanding its focus on offshore drilling rig safety with a new business that will take over handling of massive underwater equipment designed to prevent well blowouts and oil spills.

Acteon launches Field Life Service offering

Subsea services company Acteon has launched a new service offering to directly address the demands and changing conditions of the global oil and gas industry.

Diamond Offshore, GE enter performance-based subsea BOP service agreement

Diamond Offshore Drilling and GE Oil & Gas have announced the offshore drilling industry's first-of-its-kind contractual service agreement (CSA) that transfers full accountability for BOP performance to GE Oil & Gas.

Total starts production at Laggan-Tormore in the West of Shetland

Total has started production from the Laggan and Tormore gas and condensate fields, located in 600 m of water in the West of Shetland area. The fields will produce 90,000 boed.

BHP awards Fugro contract for Pyrenees phase 3 installation project

BHP Billiton Petroleum has awarded Fugro a contract for the Pyrenees phase 3 installation project.