Offshore ///

Perenco acquires assets, offshore Trinidad and Tobago

Perenco has announced the acquisition of a 70% interest in the Teak, Samaan and Poui Block (TSP) in Trinidad and Tobago.

CHC to provide additional aircraft for Shell’s Prelude development

CHC Group has announced that three new Sikorsky S-92 aircraft will begin serving Shell for the company’s Prelude FLNG project from its base in Broome, Australia.

Oil, gas exploration spend to fall to 12-year low as prices bite

Global spending on oil and natural gas exploration is set to fall next year to the lowest level in 12 years as the industry cuts costs and shuns more expensive areas, such as the Arctic, according to Wood Mackenzie.

Polarcus awarded two projects offshore South America

Polarcus has received two Letters of Intent from two undisclosed clients for two additional marine seismic projects offshore South America.

Energean receives approval for acquisition of Karish and Tanin fields in Israel

The Petroleum Council of Israel has announced its approval of the acquisition of 100% of the Karish and Tanin natural gas fields by Energean Oil & Gas from Delek Drilling and Avner.

Service companies exposed to shale seen as winners of OPEC deal

Up to $15 billion in increased spending will flow into the non-OPEC shale market in 2017, according to a new analysis from Rystad Energy. This incremental change comes after OPEC’s decision to cut production by 1.2 MMbpd.

Petrofac secures contract extension for North Sea’s Cygnus field

Petrofac is to build on its provision of integrated support services on Cygnus gas field following the award of a four and a half-year contract extension.

N-Sea, University of Strathclyde collaborate on subsea inspection

Integrated subsea service provider, N-Sea, and the University of Strathclyde’s Institute of Sensors Signals and Communications at the Department of Electronic and Electrical Engineering, have secured substantial funding from the Data Lab Innovation Centre for an innovative research project to automate subsea pipeline inspection.

OPEC deal seen helping Norway oil investment as soon as 2017

Total awarded exploration blocks offshore Mexico

Total has been awarded exploration licenses on three blocks in offshore Mexico, following the country’s first competitive deep water bid round.

Atwood Oceanics agrees to delay delivery of ultra-deepwater drillships

Atwood Oceanics Inc. announced today that it has agreed with Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay the requirement to take delivery of Atwood's two newbuild ultra-deepwater drillships, the Atwood Admiral and the Atwood Archer, by two years to September 30, 2019 and June 30, 2020, respectively.

Faroe Petroleum completes acquisition of Norwegian production assets

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and gas fields, Ula (20%), Tambar (45%), Tambar East Unit (37.8%), Oselvar (55%) and Trym (50%) from DONG E&P Norge AS.

OGA offers additional blocks offshore the UK

Companies can now apply for new licences to drill for offshore oil and gas in a number of blocks in the Offshore 2016 Supplementary Round.

China International Maritime Containers Group acquires Frigstad Deepwater shares

Frigstad Deepwater Holding Ltd, a subsidiary of Frigstad Offshore Group, has decided to sell all of its shares in Frigstad Deepwater Ltd to a subsidiary of China International Maritime Containers Group (CIMC) with effect from Dec. 6, 2016.

Wood Group and Heerema Fabrication sign memorandum of understanding

Wood Group and Heerema Fabrication Group (HFG) have signed a memorandum of understanding (MoU). The companies will join efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS).

CGG achieves near real-time imaging for offshore Morocco survey

PARIS, France -- CGG announced the delivery of near real-time imaging results for a 4,200 sq km BroadSeis 3D marine seismic survey acquired offshore Morocco. CGG delivered the very-fast-track (VFT) RTM PSDM volume to the client only four days after the last shot.

Mexico's deepwater auction draws world’s biggest drillers

Mexico’s first competitive deepwater oil auction surpassed expectations as eight of 10 blocks were awarded to some of the world’s top oil companies.

Bibby Offshore wins North Sea contract with Shell

Bibby Offshore has secured a significant contract with Shell. The campaign, which is due to commence in first-quarter 2017, will see Bibby provide engineering and subsea construction activities in Gannet G field in the Central North Sea.

Subsea Integration Alliance awarded deepwater integrated EPCIC contract by Murphy E&P

Subsea Integration Alliance has announced the industry’s first deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting system award.

BP commences drilling activity on new Carboniferous prospect, southern North Sea

BP has started drilling on a potential gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region. The well, being drilled with partners Perenco and Premier, will test the potential of a deep Carboniferous age horizon several hundred meters beneath the mature reservoirs produced by the Ravenspurn ST2 platform.