Offshore ///

EMGS and TGS expand cooperation in Barents Sea

Electromagnetic Geoservices ASA (EMGS) and TGS-NOPEC Geophysical Co ASA (TGS) have agreed to expand the companies' cooperation agreement in the Barents Sea.

Shearwater GeoServices signs agreements with TGS for two surveys

Shearwater GeoServices Norway AS has signed agreements with multiclient company TGS for two surveys, one firm and one optional, in Norway. The surveys that are scheduled to commence between March and May 2017 total approximately 15,000 sqkm and will be performed by two of Shearwater’s high-end 3D vessels. The scope of the firmly awarded survey equals to approximately 6 vessel months and requires a wide tow spread for which the Shearwater vessels are designed. The optional scope equals to 4 additional vessel months.

Republicans step up push for Arctic drilling in wildlife refuge

Far above the Arctic Circle, one of the longest-running controversies in U.S. oil drilling is about to reignite.

Danos awarded contract for Hess Stampede platform

Danos has secured a contract to perform mechanical hook-up and commissioning (HUC) support services for the Hess Stampede tension leg platform (TLP) in the Gulf of Mexico.

Statoil awards OneSubsea production system contract for North Sea development

OneSubsea, a Schlumberger company, announced it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea.

TGS announces Atlantic Margin 3D multi-client project in Norway

TGS announces its first new multi-client acquisition project in 2017, AM17 Atlantic Margin 3D in the Norwegian Sea.

China’s Cnooc raising spending for first time since oil’s plunge

Cnooc Ltd. plans to raise capital spending for the first time since crude began its crash in 2014 as China’s biggest offshore oil and gas producer prepares for life after the slump and a second year of falling output.

Schlumberger signs two long-term Transocean service agreements

Cameron, a Schlumberger company, today announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million.

Statoil awards service contracts for two Cat J rigs

Baker Hughes and Schlumberger will be awarded contracts for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and Gullfaks.

Chevron awards structural integrity services contract to Atkins

Chevron North Sea has awarded Atkins a three-year framework contract for structural integrity services across selected fixed and floating platforms in the UK North Sea.

Rokke’s Aker said to weigh sale of Aker Solutions

Aker ASA, the investment company controlled by Norwegian billionaire Kjell Inge Rokke, is considering a sale of offshore-engineering business Aker Solutions, according to people familiar with the matter.

Ownership interests on Norwegian continental shelf offered in APA 2016

Today, Jan. 17, offers for 56 new production licences on the Norwegian continental shelf (NCS) will be sent to 29 companies.

Plan for development of Statoil's Utgard and Byrding fields approved by authorities

The plan for development and operation for Utgard and Byrding fields in the North Sea has been approved by the authorities.

CNOOC commences production on Enping 23-1, South China Sea

China National Offshore Oil Corporation Limited announced that the Enping 23-1 oilfield has commenced production. The new field, located in the Pearl River Mouth basin of the South China Sea, is in an average water depth of approximately 90 m.

Statoil in commercial discovery near Norne

Statoil has made an oil and gas discovery, which is believed to hold between 20 MMboe and 80 MMboe of recoverable reserves, close to Norne field.

North Atlantic Drilling secures contract award for West Phoenix

North Atlantic Drilling has been awarded a one-well contract for the West Phoenix semisubmersible for work in the United Kingdom West of Shetland.

Total’s Cyprus Block 11 could rival Egypt’s Zohr discovery, IHS Markit says

Driven by the success of Eni’s major Zohr field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit.

Eni spuds wildcat well in Norwegian Barents Sea

Faroe Petroleum has announced the commencement of the Eni-operated Boné exploration well, 7318/12-1, in the Barents Sea.

Energean to develop Karish and Tanin gas fields with FPSO program, offshore Israel

Energean Oil & Gas outlined initial details for the development of the Karish and Tanin natural gas fields. At a press conference in Tel Aviv, Energean management announced that the two fields will be developed using a floating production, storage and offloading (FPSO) unit to facilitate the quickest route to producing first gas with the objectives of the government of Israel.

GE, Transocean announce performance-based service agreement

GE Oil & Gas has secured a new contractual service agreement (CSA), valued at approximately $180 million, with Transocean.