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 University of Aberdeen finds sub-zero temperature hampers oil spill recovery http://www.offshore-technology.com/news/newsuniversity-of-aberdeen-finds-sub-zero-temperature-hampers-oil-spill-recovery-5825625 http://www.offshore-technology.com/news/newsuniversity-of-aberdeen-finds-sub-zero-temperature-hampers-oil-spill-recovery-5825625 Scientists at the University of Aberdeen in Scotland have found that sub-zero temperatures in deepwaters of the North Atlantic will reduce the ability of oil-degrading microorganisms to mitigate major oil spills. Thu, 25 May 2017 23:00:00 GMT Deals this week: Europa Oil & Gas, Plexus, Hess Corporation http://www.offshore-technology.com/news/newsdeals-this-week-europa-oil-gas-plexus-hess-corporation-5825478 http://www.offshore-technology.com/news/newsdeals-this-week-europa-oil-gas-plexus-hess-corporation-5825478 Europa Oil & Gas (Holdings) plc has raised $870,000 through the issue of approximately 11 million shares at a price of $0.08 each in a private placement. Thu, 25 May 2017 23:00:00 GMT Oil prices fall amid further oil cuts http://www.offshore-technology.com/news/newsoil-prices-slip-amidst-disappointment-on-oil-cuts-5825637 http://www.offshore-technology.com/news/newsoil-prices-slip-amidst-disappointment-on-oil-cuts-5825637 Oil prices have dropped after the Organization of Petroleum Exporting Countries (OPEC) announced plans to extend output cuts by a further nine months. Thu, 25 May 2017 23:00:00 GMT Statoil to start production from Gina Krog field in North Sea http://www.offshore-technology.com/news/newsstatoil-to-start-production-from-gina-krog-field-in-north-sea-5824385 http://www.offshore-technology.com/news/newsstatoil-to-start-production-from-gina-krog-field-in-north-sea-5824385 Statoil has secured approval from the Norwegian Petroleum Directorate (NPD) to start production from the Gina Krog field in the North Sea. Wed, 24 May 2017 23:00:00 GMT OPEC extends output cut deal to March next year http://www.offshore-technology.com/news/newsopec-extends-output-cut-deal-to-march-next-year-5824779 http://www.offshore-technology.com/news/newsopec-extends-output-cut-deal-to-march-next-year-5824779 The Organization of the Petroleum Exporting Countries (OPEC) and other prominent non-member oil producers have agreed to extend output cuts by nine months to March 2018. Wed, 24 May 2017 23:00:00 GMT Ineos to gain Dong Energy’s oil and gas business http://www.offshore-technology.com/news/newsineos-to-acquire-dong-energys-oil-and-gas-business-for-105bn-5824362 http://www.offshore-technology.com/news/newsineos-to-acquire-dong-energys-oil-and-gas-business-for-105bn-5824362 Ineos has agreed to acquire the oil and gas business unit of Dong Energy in a deal worth $1.05bn.  Wed, 24 May 2017 23:00:00 GMT TGS and PGS to conduct two new 3D seismic projects offshore Canada http://www.offshore-technology.com/news/newstgs-and-pgs-to-conduct-two-new-3d-seismic-projects-offshore-eastern-canada-5822493 http://www.offshore-technology.com/news/newstgs-and-pgs-to-conduct-two-new-3d-seismic-projects-offshore-eastern-canada-5822493 TGS and Petroleum Geo-Services' (PGS) joint venture (JV) is set to conduct two new multi-client 3D seismic projects in the eastern offshore region of Canada. Tue, 23 May 2017 23:00:00 GMT Oil prices rebound on expectations of output cut extension http://www.offshore-technology.com/news/newsoil-prices-rebound-on-expectations-of-output-cut-extension-5823372 http://www.offshore-technology.com/news/newsoil-prices-rebound-on-expectations-of-output-cut-extension-5823372 Oil prices have increased amid expectations that the Organization of the Petroleum Exporting Countries (OPEC) with other major exporters would extend production cuts for the remaining six months of the year and possibly into 2018.   Tue, 23 May 2017 23:00:00 GMT Vallianz gains $115m charter contracts for four vessels http://www.offshore-technology.com/news/newsvallianz-secures-new-charter-contracts-for-four-vessels-5822502 http://www.offshore-technology.com/news/newsvallianz-secures-new-charter-contracts-for-four-vessels-5822502 Offshore support vessels (OSV) provider Vallianz has secured long-term charter contracts with a combined value of up to $115m for four vessels. Tue, 23 May 2017 23:00:00 GMT Oil prices slip as US Government proposes sale of strategic reserves http://www.offshore-technology.com/news/newsoil-prices-slip-as-us-government-proposes-sale-of-strategic-oil-reserves-5821986 http://www.offshore-technology.com/news/newsoil-prices-slip-as-us-government-proposes-sale-of-strategic-oil-reserves-5821986 Oil prices have slipped after the US Government proposed to sell half of its strategic oil reserves from 2018 to 2027. Mon, 22 May 2017 23:00:00 GMT BP starts production from offshore Quad 204 project in offshore UK http://www.offshore-technology.com/news/newsbp-starts-production-from-offshore-quad-204-project-west-of-shetland-5820869 http://www.offshore-technology.com/news/newsbp-starts-production-from-offshore-quad-204-project-west-of-shetland-5820869 BP has started oil production from the redeveloped Schiehallion Area after completion of the Quad 204 project in the west of Shetland region, offshore UK. Mon, 22 May 2017 23:00:00 GMT Eni starts production from offshore Ghana project http://www.offshore-technology.com/news/newseni-commences-production-from-offshore-ghana-project-5821628 http://www.offshore-technology.com/news/newseni-commences-production-from-offshore-ghana-project-5821628 Eni has started production from the Integrated Oil&Gas Development Project in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast. Mon, 22 May 2017 23:00:00 GMT Oil prices rise on hopes that exporters may extend output cut deal http://www.offshore-technology.com/news/newsoil-prices-rise-on-hopes-that-exporters-may-extend-output-cut-deal-5820794 http://www.offshore-technology.com/news/newsoil-prices-rise-on-hopes-that-exporters-may-extend-output-cut-deal-5820794 Oil prices have increased over expectations that major exporters will extend the ongoing supply curb deal and could also agree to deepen the cuts. Sun, 21 May 2017 23:00:00 GMT Ramboll to conduct pre-feed study at Al-Shaheen field, offshore Qatar http://www.offshore-technology.com/news/newsramboll-to-conduct-pre-feed-study-at-al-shaheen-field-offshore-qatar-5820340 http://www.offshore-technology.com/news/newsramboll-to-conduct-pre-feed-study-at-al-shaheen-field-offshore-qatar-5820340 North Oil Company (NOC) has selected Ramboll to conduct a pre-feed study for three new wellhead platforms at Al-Shaheen field off Qata's north-eastern coast in the Arabian Gulf. Sun, 21 May 2017 23:00:00 GMT Plexus to supply wellhead equipment for offshore wells in Norway http://www.offshore-technology.com/news/newsplexus-to-supply-wellhead-equipment-for-hyrokkin-nordfjellet-offshore-wells-in-norway-5820356 http://www.offshore-technology.com/news/newsplexus-to-supply-wellhead-equipment-for-hyrokkin-nordfjellet-offshore-wells-in-norway-5820356 Oil and gas engineering services company Plexus has received an initial purchase order (PO) to supply surface exploration wellhead equipment for Aker BP’s Hyrokkin and Nordfjellet standard pressure exploration wells located off Norway's coast Sun, 21 May 2017 23:00:00 GMT Deals this week: Ithaca Energy, Perdana Petroleum, GulfMark Offshore http://www.offshore-technology.com/news/newsdeals-this-week-ithaca-energy-perdana-petroleum-gulfmark-offshore-5818576 http://www.offshore-technology.com/news/newsdeals-this-week-ithaca-energy-perdana-petroleum-gulfmark-offshore-5818576 Ithaca Energy Inc has agreed to acquire 25% stake in License P1823 (Block 30/13b) from Premier Oil E&P UK Ltd, which located approximately 30km south-east of the Greater Stella area, UK, in the central North Sea. Thu, 18 May 2017 23:00:00 GMT Cairn Energy completes SNE-6 appraisal well drilling offshore Senegal http://www.offshore-technology.com/news/newscairn-energys-sne-6-appraisal-well-finds-oil-at-offshore-senegal-5818092 http://www.offshore-technology.com/news/newscairn-energys-sne-6-appraisal-well-finds-oil-at-offshore-senegal-5818092 Oil and gas exploration company Cairn Energy has completed drilling operations ahead of schedule at the SNE-6 appraisal well, which is located off the shore of Senegal. Thu, 18 May 2017 23:00:00 GMT MMT Sweden receives Nord Stream Pipeline inspection contract http://www.offshore-technology.com/news/newsmmt-sweden-receives-inspection-contract-of-nord-stream-pipeline-5818111 http://www.offshore-technology.com/news/newsmmt-sweden-receives-inspection-contract-of-nord-stream-pipeline-5818111 MMT Sweden has secured a contract from Nord Stream to inspect both lines of the Nord Stream Pipeline, which runs through the Baltic Sea from Russia to Germany. Thu, 18 May 2017 23:00:00 GMT Heerema Fabrication wins Peregrino II Jacket contract http://www.offshore-technology.com/news/newsheerema-fabrication-group-receives-peregrino-ii-jacket-contract-5816774 http://www.offshore-technology.com/news/newsheerema-fabrication-group-receives-peregrino-ii-jacket-contract-5816774 Heerema Fabrication Group has secured a contract for procurement and construction of the Peregrino II Jacket from South Atlantic Holding on behalf of the Statoil Peregrino II project.  Wed, 17 May 2017 23:00:00 GMT Sonardyne technology to help navigate AUV in offshore exploration http://www.offshore-technology.com/news/newssonardyne-technology-to-help-navigate-auv-in-exploration-programme-in-thailand-5816762 http://www.offshore-technology.com/news/newssonardyne-technology-to-help-navigate-auv-in-exploration-programme-in-thailand-5816762 Sonardyne Asia's marine robotics technology has been selected to assist in developing a new autonomous underwater vehicle (AUV) to navigate in offshore operations. Wed, 17 May 2017 23:00:00 GMT