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March 1, 2015

February’s top stories: Aibel’s gets $1.05bn deal, COPL forms JV

Aibel secured a contract worth $1.05bn from Statoil to build a drilling platform for the Johan Sverdrup field in the Norwegian North Sea, and Canadian Overseas Petroleum forms JV with Shoreline Energy to buy assets in Africa. Offshore Technology wraps up the key headlines from February.

February Offshore Top Lead

Aibel wins $1.05bn contract from Statoil for Johan Sverdrup platform deck

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Aibel secured a contract worth Nkr8bn ($1.05bn) from Statoil to build a drilling platform for the Johan Sverdrup field in the Norwegian North Sea.

The contract included engineering, procurement and construction of the drilling platform deck. Aibel will undertake the work from its Oslo branch in Norway.

The platform deck for the drilling platform will feature three modules. Aibel will construct the largest module, the main support frame, at its yard in Thailand.

Canadian Overseas Petroleum forms JV with Shoreline Energy to buy assets in Africa

Canadian Overseas Petroleum (COPL) formed a joint venture (JV) partnership with Shoreline Energy International to acquire upstream oil and gas exploration, development and producing assets in sub-Saharan Africa.

A special purpose vehicle, Shoreline CanOverseas Petroleum Development Corporation (ShoreCan), will own the assets acquired by the JV.

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COPL and Shoreline will each have a 50% stake in ShoreCan, which has been registered in Bermuda.

Asco wins oilfield services contracts for Mariner field in UK

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Asco Group won two oilfield services contracts from Statoil for the Mariner field, which is located on the East Shetland Platform of the UK North Sea.

The contracts require Asco to provide supply base and warehousing services, including the allocation of personnel, transport, marine gas oil and quayside services with options for CCU provision.

Asco expects to deliver the services in the first quarter of 2016. The two contracts, which will initailly run for five years, have options to extend to further two years.

Statoil submits development plan for Peregrino phase two project in Brazil

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Statoil submitted a plan of development (PoD) for the Peregrino phase two project, offshore Brazil.

The $3.5bn project includes a new well head platform and drilling rig (Platform C). It adds around 250 million barrels in recoverable resources to Peregrino field.

The plan was submitted to the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in Rio de Janeiro.

Phase two will include the extension of the economic life of the Peregrino field in Campos Basin.

Decom North Sea, ZWS and Jee collobarate on mattress decommissioning research project

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Decom North Sea (DNS) is working with Zero Waste Scotland (ZWS) and subsea engineering firm Jee on a mattress decommissioning research project.

Under the project, the expert engineers of DNS and Jee will work with the oil and gas industry’s operators and suppliers to carry out economic, as well as environmental assessment of the condition of the mattresses, and find the best techniques for their recovery.

Jee said concrete mattresses offer pipelines, cables and umbilicals with protection from dropped objects, and add weight as well as stabilisation.

TGS extends Declaration project survey in Gulf of Mexico

Norway-based geoscience data firm TGS extended its Declaration Multi-WAZ survey in the Mississippi Canyon and DeSoto Canyon protraction areas of the Gulf of Mexico.

The extension will see CGG acquire a minimum 2,000km² of further data utilising the single pass vessel configuration derived from its StagSeis technology.

TGS said the technology will better image deep structural elements and enhance subsalt, as well as salt flank illumination.

Early observations from the fast track migration of the Declaration project’s first phase played an important role in extension.

Texas court blocks BP’s $750m Transocean insurance claim for 2010 oil spill

The Texas Supreme Court rejected BP’s claim for $750m worth of coverage under Transocean’s insurance policies to help pay the damages related to the Gulf of Mexico oil spill in 2010.

BP has already paid more than $28bn in damages and costs associated with the oil spill, which killed 11 people and spread oil across seafood grounds and coastal beaches.

The company contracted Transocean’s Deepwater Horizon drilling rig to develop Macondo well, located in the Gulf of Mexico.

Swiber secures $310m EPCIC contract in South Asia

Swiber won a $310m engineering, procurement, construction, installation and commissioning (EPCIC) contract from a national oil company in South Asia.

The deal requires Swiber to deliver a range of EPCIC services for eight new platforms and related pipelines needed to develop a new offshore gas field located in South Asia.

The engineering work started immediately, with the entirity expected to be completed in March 2017.

Swiber will use its construction and support vessels, as well as project management team for the work.

Explosion kills five on Brazil offshore oil and gas platform

Five people were killed and several more injured after an explosion on Petrobras-leased offshore oil and gas platform in Brazil.

Search-and-rescue operations are continuing after the explosion on-board the floating production storage and offloading (FPSO) unit, Cidade de Sao Mateus.

BW Offshore is operating the unit for Petrobras. Production was stopped and the unit has been shutdown.

The FPSO is operating on the Camarupim and Camarupim Norte fields in Espirito Santo littoral, 120km from the coast.

First gas flows from extended Discovery pipeline in Gulf of Mexico

Williams and DCP Midstream Partners have started natural gas flows from the new extended Discovery gathering pipeline system.

The Keathley Canyon Connector gas gathering pipeline system and the South Timbalier Block 283 junction platform are serving producers in the central ultra-deepwater Gulf of Mexico.

The 209-mile Keathley Canyon Connector has the capacity to gather more than 400 million cubic feet per day (MMcf/d) of natural gas.

It starts in the southeast part of the Keathley Canyon protraction area and terminates into Discovery’s 30in diameter mainline at the new junction platform.

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