Newscap week 9

Published Mar 1, 2016

Scandoil Newsletter

Exploration extracts

NPD reports slight increase in the resource base on the Norwegian shelf
The NPD's estimate of total discovered and undiscovered petroleum resources on the Norwegian continental shelf has increased with 0.1 billion standard cubic metres of oil...

Masirah Oil commences drilling in Oman’s offshore Block 50
MEO Australia to raise $1.4 million to fund Cuban exploration
Pantheon completes a diagnostic spinner survey on VOS#1...
Eni’s successful exploration in Egypt
Black Platinum plans drilling for 2 East Natuna blocks
Lukoil starts exploration at Vostochno-Taimyrsky block
Faroe Petroleum declares results of Kvalross exploration well
Rig market

Johan Sverdrup Production Drilling Commences
Statoil reports that at 00:00 on Tuesday 1 March the Deepsea Atlantic drilling rig started the first of a total of 35 wells to be drilled in the first phase of the Johan Sverdrup field development...

Baker Hughes issues weekly rig counts
Sound Energy to mobilise rig for Tendrara licence area
iOG Solutions and eDrilling forms partnership
Transocean receives early termination notice on GSF Development Driller I
Supplier Contracts

Harkand wins Apache North Sea subsea installation campaign
GLOBAL inspection, repair, maintenance (IRM) and light construction company Harkand has been chosen to deliver installation work to support a leading US headquartered operator with its existing drilling campaign in the Nevis South Field in the North Sea. The project will see Harkand provide project management and ...

JDR Awarded IWOCS Contract
Plexus Wins Order from Det Norske
Metocean Support Provided
Variable Speed Drive Skids Delivered
Swiber secures US$100 million EPIC contract
Subsea 7 awarded contract offshore Egypt
Expro signs subsea framework agreement with Statoil
Heerema completes infield flowlines scope for Ichthys LNG Project
Company news / Financial

Eni gets nod for the development of Coral Discovery
Eni has received the approval of the Plan of Development for the Coral discovery, offshore Mozambique. The approval has been granted by the Government of Mozambique’s Council of Ministers. The approval relates to the first phase of development of 5 trillion cubic feet of gas in the Coral discovery, located in the Area 4 permit. The discovery...

GE completes divestment of power generation assets to Ansaldo...
Gazprom, DEPA and Edison sign Memorandum of Understanding
ENGIE acquires OpTerra Energy Services
LGO Energy working on potential strategic investments
CNL Software increases presence in Middle East
MEO not to assume operatorship of NZ permit PEP51153

New energy business

DNV GL issues Statement of Feasibility to Columbia Power Technologies
DNV GL has awarded Columbia Power Technologies innovative StingRAY wave energy converter with a Statement of Feasibility. Based in Oregon (USA), Columbia Power...

Antigua and Barbuda pioneering in clean energy in the Caribbean
Europe's largest onshore wind power project to be built in Central-Norway


Total starts up production at Vega Pleyade offshore Argentina
Total has started up production at the offshore Vega Pleyade gas and condensate field in the Tierra del Fuego region of Argentina. Operated by Total, the project will have a...

Genel Energy issues Taq Taq reserves update
Lonestar declares 30% increase in proved reserves
Fluor Consortium delivers natural gas development project in...
Canadian oil production expected to increase despite lower prices
Tlou Energy starts gas production testing at Selemo 1 pilot well
Tourmaline Oil reserves reach 1.1 billion boe
Magellan Petroleum declares preliminary flow test results of...


Protea supplies Swivel Crane for Petrobras FPSO
Protea continues to cement its position as a supplier of cranes for floating offshore production units with the delivery of a swivel maintenance crane for a new FPSO conversion....

Tracerco brings subsea pipeline innovation to Australasia
Bell Geospace acquires new Lockheed Martin Instrument
Innovation generates Norwegian growth for Churchill Drilling Tools
Sercel 508XT land acquisition system passes 1 million VP in...
Technip technology selected for gas cracking ethylene plant in...

Shipping / Yard News

Coastal Contracts Bhd secures US$44m for 8 Vessels
Malaysia’s Coastal Contracts Bhd through its wholly owned subsidiaries has collectively secured contracts for the sales of three units Offshore Support Vessels (OSV) and five units low-end vessels...

MISC acquires 50 % stake in Gumusut-Kakap Semi-FPS
Fugro to deploy new-build Fugro Aquarius for Petrobras contract
Cape secures new contract in South Korea
POSH secures contracts worth US$85M for five vessels in Middle East

General News

Technip certified Global Top Employer for the second consecutive year
Technip has been certified as a Top Employer Global 2016 for the second year in a row. The Global certification is a recognition launched last year for the first time by the Top Employers Institute...

Platts JKM for March-delivered LNG down 28.2% year-over-year
RGU offers industry first mental health care training for offshore...
CAPE Holland successfully deploys its Vibro Lifting Tool CV-320
Absoft Diversifies Into New Industries
Sri Lanka signs agreement with Total for two deepwater blocks
OpenLink named top energy trading risk vendor in the 2016 Chartis RiskTech100® Rankings

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