Newscap week 42

Published Oct 14, 2014
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Scandoil Newsletter

Exploration extracts

Lundin Petroleum finds oil and gas in the Alta well in PL609 in the Barents Sea
Lundin Norway  announce that drilling of exploration well 7220/11-1 on the Alta prospect in the Barents Sea has been successfully completed and has encountered both oil and gas.

Statoil to sell 15.5% share in Shah Deniz to Petronas for $ 2.2 billion
FAN-1 exploration well discovers oil, offshore Senegal

Drilling commences on the second of two exploration wells in Beibu Gulf Block 22/12
Faroe Petroleum completes acquisition in UK producing Schooner and Ketch fields
Rig market

Baker Hughes announces September 2014 rig counts
Baker Hughes Incorporated announce that the international rig count for September 2014 was 1,323, down 16 from the 1,339 counted in August.

Mermaid's tender rig 'MTR-2' achieves client commendation for five years of no loss time incidents
Stone Energy enters into agreement for deep water rig
Valeura Energy makes new discoveries in Turkey
Petromanas Energy secures new rig for 2015/16 drilling program
Supplier Contracts

Wintershall awards subsea contracts for Maria field
Wintershall awards its first significant subsea contract for its Norwegian activities.

Ross Offshore awarded a well management contract with Ecopetrol
Halliburton awarded mature field contracts from Petroamazonas
EMAS AMC finalises triple contract signings with Noble Energy
MeteoGroup signs offshore weather forecasting contract with Shell
Company news / Financial

Neste Oil to make major investments in Finland
Neste Oil is planning to initiate a major development program to rationalize its operations.

Exall Energy declares revised process to pay out existing credit facility
Sunbird Energy completes $5m Stage 1 capital raising
Jupiter Energy enters into a unsecured loan agreement with Waterford
Alphabet Energy introduces the world’s most powerful thermoelectric generator
CGG establishes new Multi-Physics Business Line

New energy business

MCW successfully demonstrates its proprietary oil sands extraction technology in Vernal, Utah
MCW Energy Group has successfully demonstrated its initial extraction plant on Wednesday, October 1st, 2014 near Vernal.

Wärtsilä to develop Indonesia's first bio-LNG plant in cooperation with local partners
Bechtel selected to design new LNG project in Louisiana
Wärtsilä supplies flexible capacity to integrate wind and solar energy in Oklahoma
Sputnik-1 well encounters non commercial hydrocarbon pay


Shell starts oil production from Gumusut-Kakap deep-water platform in Malaysia
The Gumusut-Kakap field is located in waters up to 1,200 metres (3,900 feet) deep. The platform is expected to reach an annual peak oil production of around 135,000 barrels a day.

Platanillo-20 successfully drilled vertically to a total depth of 8,357ft MD
Strategic Oil & Gas declares record production and continued Muskeg success
Peyto Exploration and Development increases 2014 capital program
Lundin Petroleum spuds exploration well 33/2-1


DNV GL cooperation with Industry to address risks from offshore CO2 pipelines
Offshore carbon dioxide (CO2) pipelines could potentially pose a risk for offshore infrastructures, ships and the marine environment.

FMC Technologies awarded frame agreement by Wintershall Norge AS
Drydocks World signs agreement to build wind platform Borwin 3
Minesto winner of WWL Orcelle Award 2014
Paradigm releases high definition enabled G&G software suite

Shipping / Yard News

Keppel secures S$153 million in contracts from repeat customers
Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) have secured contracts from repeat customers worth a total of S$153 million.

EMAS Offshore debuts on SGX-ST
Wärtsilä's gas handling systems chosen for world's largest ethane carriers
EMAS AMC finalises triple contract signings with Noble Energy
CGG establishes new Multi-Physics Business Line

General News

Tracerco re-brands its award-winning level measurement technology
Tracerco, part of Johnson Matthey Plc., has re-launched its award-winning LevelFinderPlus patented technology following a rebrand.

GE Oil & Gas selects Jacksonville for advanced manufacturing facility
SPE asked to act as the leader against industry discrimination
Gassco takes over the operatorship of Valemon Rich Gas Pipeline joint venture
Baker Hughes announces third quarter 2014 well count
Xodus Group, Saipem and Chiyoda join forces to set up new subsea company

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