DEA HIRES TRANSOCEAN ARCTIC TO DRILL DVALIN WELLS

German DEA based in Hamburg, advised that Transocean Norway Operations AS with the drilling rig Transocean Arctic is awarded the contract to drill production wells at the Dvalin field in the Norwegian Sea. Drilling of the four production wells will start mid-2019 and the operation is planned to last 340 days. The contract value is 68 million US Dollars. The agreement also opens up for using the rig for additional wells. “Drilling the production wells will be an important step towards production start of the Dvalin field in autumn 2020. DEA is very satisfied with having Transocean on board for the drilling operations,” says Hans-Hermann Andreae, Managing Director of DEA Norge. The field is the first operated field development project for DEA Deutsche Erdoel AG in Norway. The Dvalin gas field, previously known as Zidane, discovered in 2010, is DEA’s first own operated field development project in Norway. The redesigned development concept aims for sustainable profitability, while applying the highest safety and environmental protection measures. The field is located in Production Licence (PL) 435, approximately 15 kilometres northwest of the Heidrun field and 35 kilometres south of the Skarv field in the Norwegian Sea. (Source: DEA)

CAMBODIA: KrisEnergy TO DEVELOP APSARA OILFIELD

October 20, 2017

KrisEnergy has made a final investment decision (“FID”) to proceed with the first phase of development for the Apsara oil field, the first hydrocarbon...

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FIRST LNG-FSRU WITH SAMSUNG S-Regas TECHNOLOGY

October 20, 2017

Samsung Heavy Industries revealed on 19th a newbuild order for a 170,000 M3 LNG-FSRU received from a consortium of Marubeni, Sojitz, and Pertamina. LNG-FSRU...

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PLEXUS TO SELL JACKUP BUSINESS TO TechnipFMC

October 20, 2017

TechnipFMC announces that an agreement has been reached with Plexus Holdings based in UK. to acquire Plexus’s Wellhead exploration equipment and services...

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SCHLUMBERGER AND TORXEN TO PURCHASE PALLISER BLOCK IN ALBERTA

October 20, 2017

Torxen Energy, a private Canadian E&P company, and Schlumberger have entered into a definitive agreement for the purchase of the Palliser Block located...

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ROWAN AND SAUDI ARAMCO LAUNCH ARO DRILLING

October 20, 2017

Rowan Companies announced that ARO Drilling, a 50/50 joint venture with the Saudi Arabian Oil Company (Saudi Aramco), commenced operations on October 17,...

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CHENIERE COMPLETES TRAIN 4 AT SABINE PASS LIQUEFACTION PROJECT

October 19, 2017

Cheniere Energy Partners announced that Substantial Completion of Train 4 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana was achieved...

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EnBw SELECTS AREVA TO DISMANTLE TWO NUCLEAR PLANTS IN GERMANY

October 19, 2017

Within the scope of the dismantling of the Philippsburg 2 and Neckarwestheim II nuclear power plants in Germany, EnBW has selected the AREVA Decommissioning...

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SUBSEA 7 ACQUIRES NORMAND OCEANIC

October 19, 2017

Subsea 7 announced an agreement to acquire the remaining 50% shareholdings in its equity accounted joint ventures, Normand Oceanic AS and Normand Oceanic...

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USTDA SUPPORTS WIND ENERGY IN VIETNAM

October 19, 2017

The U.S. Trade and Development Agency awarded a grant to Power Engineering Consulting Joint Stock Company 2 (PECC2), a leading Vietnamese power engineering...

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HYWIND SCOTLAND DELIVERS FIRST COMMERCIAL ELECTRICITY

October 18, 2017

Hywind Scotland, the first floating wind farm in the world, has started to deliver electricity to the Scottish grid. The First Minister of Scotland, Nicola...

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DEEPWATER INVICTUS SECURES TWO-YEAR CONTRACT

October 18, 2017

Transocean announced that the ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary...

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ExxonMobil BEGINS POLYETHYLENE PRODUCTION AT MONT BELVIEU

October 18, 2017

ExxonMobil Chemical Company announced that it has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines...

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