New News information at Offshore Technology New and updated information from News listed on www.offshore-technology.com http://www.offshore-technology.com/ en-us http://www.offshore-technology.com/ New News information at Offshore Technology http://www.offshore-technology.com/content/images/logo_big.gif Atkins receives structural integrity services contract from Chevron North Sea http://www.offshore-technology.com/news/newsatkins-receive-structural-integrity-services-contract-from-chevron-north-sea-5720321 http://www.offshore-technology.com/news/newsatkins-receive-structural-integrity-services-contract-from-chevron-north-sea-5720321 Atkins has been awarded a three-year framework contract by Chevron North Sea for structural integrity services at certain fixed and floating platforms in the UK North Sea. Mon, 23 Jan 2017 00:00:00 GMT OneSubsea to supply subsea production system for Utgard field in North Sea http://www.offshore-technology.com/news/newsonesubsea-to-supply-subsea-production-system-for-utgard-filed-in-north-sea-5721341 http://www.offshore-technology.com/news/newsonesubsea-to-supply-subsea-production-system-for-utgard-filed-in-north-sea-5721341 Schlumberger company OneSubsea has secured a contract to supply the subsea production system for Statoil’s Utgard gas and condensate discovery in the North Sea. Mon, 23 Jan 2017 00:00:00 GMT UK Oil & Gas secures extension for P1916 licence in offshore Isle of Wight http://www.offshore-technology.com/news/newsuk-oil-gas-secures-one-year-extension-for-p1916-licence-offshore-isle-of-wight-5720925 http://www.offshore-technology.com/news/newsuk-oil-gas-secures-one-year-extension-for-p1916-licence-offshore-isle-of-wight-5720925 UK Oil & Gas Investments (UKOG) has announced that its subsidiary UKOG Solent has been granted a one-year extension to the initial term for its offshore P1916 licence by the Oil and Gas Authority. Mon, 23 Jan 2017 00:00:00 GMT M&As this week: Aker ASA, Subsea 7, EnerMech http://www.offshore-technology.com/news/newsmas-this-week-aker-asa-subsea-7-enermech-5720901 http://www.offshore-technology.com/news/newsmas-this-week-aker-asa-subsea-7-enermech-5720901 Aker ASA plans to dispose its stake in Aker Solutions ASA, according to sources familiar with the matter. Fri, 20 Jan 2017 00:00:00 GMT Deals this week: INPEX, Krewe Energy, Pancontinental http://www.offshore-technology.com/news/newsdeals-this-week-inpex-krewe-energy-pancontinental-5720908 http://www.offshore-technology.com/news/newsdeals-this-week-inpex-krewe-energy-pancontinental-5720908 INPEX Corporation, through its wholly-owned subsidiary Japan Oil Development Co., Ltd. (JODCO), has entered an agreement with Abu Dhabi National Oil Company (ADNOC) for the acquisition of an additional 28% stake in Umm Al Dalkh oil field. Fri, 20 Jan 2017 00:00:00 GMT Elsevier adds over one million figures and tables to Geofacets http://www.offshore-technology.com/news/newselsevier-upgrades-geofacets-to-facilitate-research-time-and-quick-analysis-5720888 http://www.offshore-technology.com/news/newselsevier-upgrades-geofacets-to-facilitate-research-time-and-quick-analysis-5720888 Elsevier, a scientific, technical and medical information provider, has announced the addition of more than one million new figures and tables to Geofacets, its premier information solution for academicians and geoscientists working in oil and gas co… Fri, 20 Jan 2017 00:00:00 GMT Broadland Radiators builds two radiators for Culzean field in North Sea http://www.offshore-technology.com/news/newsbroadland-radiators-develops-two-radiators-for-culzean-field-in-north-sea-5720306 http://www.offshore-technology.com/news/newsbroadland-radiators-develops-two-radiators-for-culzean-field-in-north-sea-5720306 Broadland Radiators has developed two customised radiators to aid cool generator sets, which are to be deployed at the Culzean gas field located in the North Sea. Fri, 20 Jan 2017 00:00:00 GMT Oil prices improve as IEA indicates tightening of global market http://www.offshore-technology.com/news/newsoil-price-improves-as-iea-reports-fall-in-inventory-5720219 http://www.offshore-technology.com/news/newsoil-price-improves-as-iea-reports-fall-in-inventory-5720219 Oil prices have risen following a temporary dip as the International Energy Agency (IEA) announced international oil markets have already started tightening even before production cuts by OPEC and non-OPEC countries materialises. Thu, 19 Jan 2017 00:00:00 GMT DEA wins two licences in Norwegian Continental Shelf http://www.offshore-technology.com/news/newsnorwegian-oil-ministry-awards-two-new-licences-to-dea-5719317 http://www.offshore-technology.com/news/newsnorwegian-oil-ministry-awards-two-new-licences-to-dea-5719317 DEA has secured two new licences from the Norwegian Ministry of Petroleum and Energy under the 2016 Awards in Predefined Areas (APA 2016). Thu, 19 Jan 2017 00:00:00 GMT UKEF to provide $400m for Ghana offshore project http://www.offshore-technology.com/news/newsukef-to-provide-400m-funding-for-offshore-energy-project-in-ghana-5719305 http://www.offshore-technology.com/news/newsukef-to-provide-400m-funding-for-offshore-energy-project-in-ghana-5719305 UK Export Finance (UKEF) is to issue $400m in funding to support GE Oil & Gas's contract for Ghana's Offshore Cape Three Points Project (OCTP). Thu, 19 Jan 2017 00:00:00 GMT Oil prices drop due to anticipation of US production increase http://www.offshore-technology.com/news/newsoil-price-slipped-anticipating-us-production-increase-this-year-5719184 http://www.offshore-technology.com/news/newsoil-price-slipped-anticipating-us-production-increase-this-year-5719184 Oil prices have fallen after a day of high gains, over the possibility that US producers may increase crude production. Wed, 18 Jan 2017 00:00:00 GMT Statoil’s Utgard and Byrding fields receive development approval http://www.offshore-technology.com/news/newsstatoils-utgard-and-byrding-fields-receives-development-approval-5718323 http://www.offshore-technology.com/news/newsstatoils-utgard-and-byrding-fields-receives-development-approval-5718323 Statoil has announced that its development and operation plan has been approved by authorities for the Utgard and Byrding fields in the North Sea. Wed, 18 Jan 2017 00:00:00 GMT New Zealand Oil & Gas increases stake in Cue Energy http://www.offshore-technology.com/news/newsnew-zealand-oil-gas-increases-cue-energy-stake-to-5001-5718330 http://www.offshore-technology.com/news/newsnew-zealand-oil-gas-increases-cue-energy-stake-to-5001-5718330 New Zealand Oil & Gas has increased its interest to 50.01% in subsidiary Cue Energy Resources, a regional energy company focusing in South East Asia and Australia. Wed, 18 Jan 2017 00:00:00 GMT Inpex and Adnoc to extend deal for Abu Dhabi offshore oilfields http://www.offshore-technology.com/news/newsinpex-and-adnoc-to-extend-joint-development-deal-for-abu-dhabi-offshore-oilfields-5717328 http://www.offshore-technology.com/news/newsinpex-and-adnoc-to-extend-joint-development-deal-for-abu-dhabi-offshore-oilfields-5717328 Japanese oil company Inpex and Abu Dhabi National Oil Company (Adnoc) have agreed in principle to extend the joint development of Satah and Umm Al Dalkh oilfields in the United Arab Emirates offshore area. Tue, 17 Jan 2017 00:00:00 GMT Independent Oil and Gas gains disused pipeline in Southern North Sea http://www.offshore-technology.com/news/newsindependent-oil-and-gas-acquires-disused-pipeline-in-southern-north-sea-5717524 http://www.offshore-technology.com/news/newsindependent-oil-and-gas-acquires-disused-pipeline-in-southern-north-sea-5717524 UK-based Independent Oil and Gas has signed memorandum of understanding (MoU) to acquire a 100% interest of the currently disused pipeline in the Southern North Sea for a nominal consideration. Tue, 17 Jan 2017 00:00:00 GMT Oil prices gain as Saudi Arabia restates its commitment to cut output http://www.offshore-technology.com/news/newsoil-prices-gain-as-saudi-arabia-restates-its-commitment-to-cut-output-5718168 http://www.offshore-technology.com/news/newsoil-prices-gain-as-saudi-arabia-restates-its-commitment-to-cut-output-5718168 Oil prices traded higher as Saudi Arabia reaffirmed its commitment to reduce production in accordance with the Organization of the Petroleum Exporting Countries' (OPEC) decision to cut oil output. Tue, 17 Jan 2017 00:00:00 GMT Inpex installs subsea infrastructure at Australia's Ichthys Field http://www.offshore-technology.com/news/newsinpex-successfully-installs-subsea-infrastructure-at-ichthys-field-5716378 http://www.offshore-technology.com/news/newsinpex-successfully-installs-subsea-infrastructure-at-ichthys-field-5716378 Inpex has announced the successful installation of subsea infrastructure and equipment that would extract gas and condensate from Ichthys Field in Browse Basin, offshore Australia. Mon, 16 Jan 2017 00:00:00 GMT Oil prices fall as US production expected to increase this year http://www.offshore-technology.com/news/newsoil-prices-fall-as-us-production-is-expected-to-increase-this-year-5717111 http://www.offshore-technology.com/news/newsoil-prices-fall-as-us-production-is-expected-to-increase-this-year-5717111 Oil prices have dropped as investors begin to doubt whether OPEC countries will decrease output as expected under the deal. Mon, 16 Jan 2017 00:00:00 GMT ExxonMobil makes oil discovery offshore Guyana http://www.offshore-technology.com/news/newsexxonmobil-makes-second-oil-discovery-offshore-guyana-5716373 http://www.offshore-technology.com/news/newsexxonmobil-makes-second-oil-discovery-offshore-guyana-5716373 US-based ExxonMobil has made a second oil discovery from its Payara-1 well in offshore Guyana. Mon, 16 Jan 2017 00:00:00 GMT UK's Faroe Petroleum starts Boné exploration well in Norwegian Barents Sea http://www.offshore-technology.com/news/newsfaroe-petroleum-starts-bon-exploration-well-in-barents-sea-5715418 http://www.offshore-technology.com/news/newsfaroe-petroleum-starts-bon-exploration-well-in-barents-sea-5715418 UK-based oil and gas company Faroe Petroleum has announced the start the Boné exploration well 7318/12-1 in the western part of Norwegian Barents Sea. Fri, 13 Jan 2017 00:00:00 GMT