Joint venture (JV) between engineering company WorleyParsons and Grand Isle Shipyard signed a five-year master services agreement for engineering, procurement and construction (EPC) services with BP.
Under the agreement, the JV company GW Integrated Solutions will provide a fully integrated suite of asset management services that will focus on implementing a programme of facility modifications and turnarounds across BP-operated offshore assets in the Gulf of Mexico.
WorleyParsons chief executive officer Andrew Wood said: “We are pleased to continue our long-standing relationship with BP and further demonstrate the value of our integrated solutions offering through the GW Integrated Solutions joint venture.”
Noble Energy and its partners prepared to undertake the first phase development of the Leviathan natural gas project off the coast of Israel.
Noble Energy owns 39.66% working interest in the Leviathan project along with operatorship.
The remaining owners are Delek Drilling with a 22.67% stake, Avner Oil Exploration with 22.67%, and Ratio Oil Exploration (1992) Limited Partnership having 15%.
Gazprom Neft subsidiary Gazpromneft-Sakhalin entered a contract with Hakuryu 5 for the lease of a drilling rig that will be used to develop a prospecting and appraisal well at the Ayashsky licence block.
Ayashsky licence block is in the Sea of Okhotsk's Continental Shelf in the Pacific Ocean.
The semi-submersible floating rig will perform drilling activities around the middle of of this year. In addition, the company intends to complete well testing and core sampling at the site for laboratory testing.
Chevron secured the rights to explore an area in offshore Western Australia for six years by paying A$3m ($2.3m) through a cash bid.
Exploration rights were awarded as a part of the Australian Government’s programme to release offshore areas for future oil and gas exploration to maximise taxpayer returns from developing these resources.
The cash-bid auction for the 2016 Offshore Petroleum Exploration Acreage Release was held on 2 February and Chevron Australia New Ventures was awarded the Exploration Permit WA-526-P.
Integrated geoscience company CGG completed an airborne gravity gradiometry (AGG) survey in the Kingdom of Bahrain, on behalf of Bahrain Petroleum Company (Bapco).
CGG stated that this was the first commercial survey to be conducted using Falcon Plus, which is the latest system in the company's Falcon AGG utilities.
The survey was conducted over approximately 7,700km² of open exploration acreage across Bahrain’s offshore licensing blocks.
Subsea umbilicals and power cables firm JDR received a major steel tube umbilical contract from Cameron for the 11 wells of Western Offshore project in India.
Cameron awarded this contract to JDR on behalf of operator ONGC.
The development includes subsea completion of 11 oil and gas wells located at ONGC’s Western Offshore fields in India, under Mumbai High, Bassein & Satellite, and Neelam & Heera assets.
Lundin Petroleum's wholly owned Norwegian subsidiary made an oil and gas discovery in the main well 7219/12-1 on the Filicudi prospect.
The well is situated in the PL533, nearly 40km south-west of Johan Castberg and 30km from Alta and Gohta discoveries on the Loppa High in the southern Barents Sea.
The well targeted the Jurassic and Triassic sandstone reservoirs to find oil.
Eni started production of the East Hub Development Project in Block 15/06 of the Angolan deep offshore region, five months ahead of schedule.
The oil company is using the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel for production which can generate up to 80,000bpd of oil and compress up to 3.4 million cubic metres of gas a day.
FPSO Olombendo will put Cabaça South East field into production with nine wells and four manifolds at a depth of 450m.
Statoil has made a new gas discovery close to its Valemon field that started production two years ago in the North Sea.
Called Valemon West, the discovery is estimated to host around 20 million and 50 million barrels of oil equivalent.
Statoil senior vice-president for operations of west cluster Gunnar Nakken said: “This is an important discovery for the further development of Valemon. These new reserves can be put on stream immediately and will add considerable value.
Lundin secured approval to conduct exploration drilling of well 16/1-27 on the Edvard Grieg field in the North Sea.
The company is the operator of the Edvard Grieg field, which is located around 140km west-south-west of Stavanger.
It is one of the largest oil fields on the Norwegian Continental Shelf, with production starting from it in 2015.