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 Rolls-Royce to deliver mooring system for Statoil's Njord A oil platform http://www.offshore-technology.com/news/newsrolls-royce-to-deliver-mooring-system-njord-a-oil-platform-5793494 http://www.offshore-technology.com/news/newsrolls-royce-to-deliver-mooring-system-njord-a-oil-platform-5793494 Rolls-Royce has secured a contract to provide a mooring system for Statoil's oil platform Njord A, which is being upgraded by Norway-based engineering and construction service provider Kvaerner. Sun, 23 Apr 2017 23:00:00 GMT Oil prices recover due to hopes of OPEC deal extension http://www.offshore-technology.com/news/newsoil-prices-recover-on-hopes-of-opec-deal-extension-5794348 http://www.offshore-technology.com/news/newsoil-prices-recover-on-hopes-of-opec-deal-extension-5794348 Oil prices recovered from the huge losses in the earlier week, due in part to rising expectations that the Organization of the Petroleum Exporting Countries (OPEC) will extend the current production cut deal. Sun, 23 Apr 2017 23:00:00 GMT OGA stresses on collaboration among companies operating in UKCS http://www.offshore-technology.com/news/newsoga-stresses-on-collaboration-among-companies-operating-in-ukcs-5793478 http://www.offshore-technology.com/news/newsoga-stresses-on-collaboration-among-companies-operating-in-ukcs-5793478 The UK's Oil and Gas Authority (OGA) is urging the oil and gas industry to accelerate the development of the licensees, in order to enhance a culture of internal and external collaboration with existing joint venture (JV) partnerships. Sun, 23 Apr 2017 23:00:00 GMT Spectrum starts 2D multi-client seismic campaign offshore Argentina http://www.offshore-technology.com/news/newsspectrum-starts-2d-multi-client-seismic-campaign-offshore-argentina-5792308 http://www.offshore-technology.com/news/newsspectrum-starts-2d-multi-client-seismic-campaign-offshore-argentina-5792308 Spectrum has partnered with YPF for a 35,000km multi-client 2D seismic survey that includes an area of 435,000km2 offshore, in the deep waters of Argentina. Thu, 20 Apr 2017 23:00:00 GMT M&As this week: Repsol Exploracion, Thalassa Holdings http://www.offshore-technology.com/news/newsmas-this-week-repsol-exploracion-thalassa-holdings-5792868 http://www.offshore-technology.com/news/newsmas-this-week-repsol-exploracion-thalassa-holdings-5792868 Repsol Exploracion SA has agreed to acquire Pan Pacific Petroleum (Vietnam) Pty Ltd from Pan Pacific Petroleum NL (PPP) for $5m. Thu, 20 Apr 2017 23:00:00 GMT Hyperdynamics, Sapetro and Guinea sign third amendment to PSC http://www.offshore-technology.com/news/newshyperdynamics-sapetro-and-guinea-sign-third-amendment-of-psc-5792338 http://www.offshore-technology.com/news/newshyperdynamics-sapetro-and-guinea-sign-third-amendment-of-psc-5792338 Hyperdynamics subsidiary SCS, South Atlantic Petroleum (Sapetro) and the Government of the Republic of Guinea have signed a third amendment to the 2006 production sharing contract (PSC). Thu, 20 Apr 2017 23:00:00 GMT Deals this week: African Petroleum Corporation, Beerenberg, MMHE http://www.offshore-technology.com/news/newsdeals-this-week-african-petroleum-corporation-beerenberg-mmhe-5793039 http://www.offshore-technology.com/news/newsdeals-this-week-african-petroleum-corporation-beerenberg-mmhe-5793039 African Petroleum Corporation Limited has agreed to farm-out 70% operated interest in West African licences to an oil and gas company. Thu, 20 Apr 2017 23:00:00 GMT Wintershall begins production from Ravn oilfield in North Sea http://www.offshore-technology.com/news/newswintershall-commences-oil-production-from-ravn-oil-field-in-north-sea-5791704 http://www.offshore-technology.com/news/newswintershall-commences-oil-production-from-ravn-oil-field-in-north-sea-5791704 Wintershall Noordzee has started production from its Ravn oilfield in Block 5/06 of the Danish North Sea. Wed, 19 Apr 2017 23:00:00 GMT Oil prices rebound after Kuwait supports output cut extension http://www.offshore-technology.com/news/newsoil-prices-rebound-after-kuwait-supports-oil-deal-extension-5791982 http://www.offshore-technology.com/news/newsoil-prices-rebound-after-kuwait-supports-oil-deal-extension-5791982 Oil prices have increased after previous day's losses as Kuwait supported an extension to OPEC's output cut to reduce crude supplies beyond the first six months of the year.  Wed, 19 Apr 2017 23:00:00 GMT Skandi Búzios starts operating for Petrobras http://www.offshore-technology.com/news/newsskandi-bzios-starts-operating-for-petrobras-5791699 http://www.offshore-technology.com/news/newsskandi-bzios-starts-operating-for-petrobras-5791699 Pipelay support vessel (PLSV) Skandi Búzio owned by the joint venture of TechnipFMC and DOF Subsea has started its eight-year charter contract with Petróleo Brasileiro (Petrobras). Wed, 19 Apr 2017 23:00:00 GMT MMHE wins $226.7m Bokor platform contract from Malaysia http://www.offshore-technology.com/news/newsmmhe-wins-2267m-bokor-platform-contract-off-malaysia-5789713 http://www.offshore-technology.com/news/newsmmhe-wins-2267m-bokor-platform-contract-off-malaysia-5789713 Malaysia Marine and Heavy Engineering (MMHE) has secured a RM1bn ($226.7m) contract of central processing platform (CPP) for the Bokor Phase III redevelopment project by Petronas Carigali. Tue, 18 Apr 2017 23:00:00 GMT African Petroleum to farm-out Senegal and Gambian assets http://www.offshore-technology.com/news/newsafrican-petroleum-to-farm-out-senegal-and-gambian-assets-5789705 http://www.offshore-technology.com/news/newsafrican-petroleum-to-farm-out-senegal-and-gambian-assets-5789705 African Petroleum has signed an agreement with an undisclosed oil and gas company that specialises in offshore deepwater drilling. Tue, 18 Apr 2017 23:00:00 GMT Oil prices remain level on OPEC's assurance to rebalance crude market http://www.offshore-technology.com/news/newsoil-prices-remain-stable-on-opecs-assurance-to-rebalance-crude-market-5790637 http://www.offshore-technology.com/news/newsoil-prices-remain-stable-on-opecs-assurance-to-rebalance-crude-market-5790637 Oil prices have remained stable after OPEC stated its commitment to eliminate the global supply glut that continues to affect crude prices since 2014. Tue, 18 Apr 2017 23:00:00 GMT Husky signs production sharing contract for exploration block, offshore China http://www.offshore-technology.com/news/newshusky-energy-signs-production-sharing-contract-for-new-exploration-block-in-offshore-china-5788390 http://www.offshore-technology.com/news/newshusky-energy-signs-production-sharing-contract-for-new-exploration-block-in-offshore-china-5788390 China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Husky Oil Operations (China) for a new exploration block in the South China Sea. Mon, 17 Apr 2017 23:00:00 GMT Oil prices slip on expectations of rise in US output http://www.offshore-technology.com/news/newsoil-prices-slip-on-expectations-of-rise-in-us-output-5789427 http://www.offshore-technology.com/news/newsoil-prices-slip-on-expectations-of-rise-in-us-output-5789427 Crude prices have fallen slightly following weak trading after Easter holidays and an expected rise in US oil production. Mon, 17 Apr 2017 23:00:00 GMT Sirius Petroleum signs service vessels contract for Nigerian offshore operations http://www.offshore-technology.com/news/newssirius-petroleum-signs-service-vessels-contract-for-nigerian-offshore-operations-5788289 http://www.offshore-technology.com/news/newssirius-petroleum-signs-service-vessels-contract-for-nigerian-offshore-operations-5788289 Oil and gas company Sirius Petroleum has signed an offshore service vessels (OSV) provision contract with Tidewater Marine International for a multi-well campaign under its shallow offshore development strategy in Nigeria. Mon, 17 Apr 2017 23:00:00 GMT Hansa Heavy Lift delivers subsea equipment for Indonesian gasfield http://www.offshore-technology.com/news/newshansa-heavy-lift-delivers-subsea-equipment-for-indonesian-offshore-gas-field-5786667 http://www.offshore-technology.com/news/newshansa-heavy-lift-delivers-subsea-equipment-for-indonesian-offshore-gas-field-5786667 Hansa Heavy Lift has successfully transported 24 reels and associated subsea equipment for the Jangkrik Complex Project off the coast of Indonesia. Wed, 12 Apr 2017 23:00:00 GMT Black Sea Oil & Gas awards drilling rig contract for offshore wells to GSP Offshore http://www.offshore-technology.com/news/newsblack-sea-oil-gas-awards-drilling-rig-contract-for-two-offshore-wells-to-gsp-offshore-5786578 http://www.offshore-technology.com/news/newsblack-sea-oil-gas-awards-drilling-rig-contract-for-two-offshore-wells-to-gsp-offshore-5786578 Black Sea Oil & Gas (BSOG) has awarded a contract to GSP Offshore for the drilling of two offshore exploration wells in the XV Midia Shallow Block, Romanian Black Sea Continental Shelf. Wed, 12 Apr 2017 23:00:00 GMT Deals this week: Wood Group, North Atlantic Drilling, SNC-Lavalin http://www.offshore-technology.com/news/newsdeals-this-week-wood-group-north-atlantic-drilling-snc-lavalin-5786549 http://www.offshore-technology.com/news/newsdeals-this-week-wood-group-north-atlantic-drilling-snc-lavalin-5786549 Wood Group has received a contract from Statoil to provide a front-end engineering and design (FEED) study for the subsea flow-line system of Snorre Expansion Project in the Norwegian North Sea. Wed, 12 Apr 2017 23:00:00 GMT Oil price largely stable as US production rise continue to negate OPEC output-cuts http://www.offshore-technology.com/news/newsoil-price-largely-stable-as-us-production-rise-continue-to-negate-opec-output-cuts-5786892 http://www.offshore-technology.com/news/newsoil-price-largely-stable-as-us-production-rise-continue-to-negate-opec-output-cuts-5786892 Oil prices have remained largely unchanged as rising US production continues to offset OPEC’s output cut initiative. Wed, 12 Apr 2017 23:00:00 GMT