Category Archives: Oil & Gas – offshore
The petroleum industry includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing petroleum products.
Recap: Worldwide Field Development News (May 18 – May 24, 2012)
| This week the SubseaIQ team added 5 new projects and updated 33 projects. You can see all the updates made over any time period via the Project Update History search. The latest offshore field develoment news and activities are listed below for your convenience. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Related articles
- Anadarko: Another Major Discovery Offshore Mozambique (mb50.wordpress.com)
- UK: Cove Encourages Shareholders to Accept Shell’s Takeover Bid (mb50.wordpress.com)
- Anadarko Strikes More Mozambique Gas (mb50.wordpress.com)
- Ocean Rig Drillship to Drill for Chariot Offshore Namibia (mb50.wordpress.com)
- Recap: Worldwide Field Development News (Apr 27 – May 3, 2012) (mb50.wordpress.com)
- Anadarko expands massive Mozambique discovery (fuelfix.com)
Fincantieri, NLI to Offer New Solutions to Offshore Industry (Norway)
The shipbuilding giant Fincantieri Cantieri Navali Italiani S.p.A. and NLI, a Norwegian total supplier to oil & gas business, announce today the signing of a collaboration agreement, supporting the aim to penetrating the Mobile Drilling Units construction market.
This agreement includes the development of an innovative high quality drilling tower. For NLI the partnership is a milestone. In 1974 they delivered the first derrick to the Norwegian offshore industry. Most recently they have developed a drill tower solution new to the global market. With this Italian-Norwegian partnership NLI sees a great opportunity to reach out with their innovative solutions.
From now on the parties will include each other when approaching the market and present their projects to the various contractors and operators / oil companies.
The agreement follows the recent creation of the new Fincantieri Offshore Business Unit, dedicated to the commercialization and production of high valued offshore vessels such as Drill ships, Semisubmersibles Drilling Rigs, Pipe Layers, Construction Vessels and Non Standard Supply Vessels.
The Fincantieri Offshore value proposition is based on the offer of new generation turn-key vessels, tailor made to meet specific client requirements.
Mr. Sigve Barvik, Marketing Director of NLI commented: “We now have a yard, with financial power and world class know-how, which is prepared to support the potential of our drilling tower. Fincantieri’s European deep-water drilling initiative is unique and will allow to fully develop a drilling tower with superior performance, efficiency, eco friendliness, and safety for the personnel”.
Commenting on the agreement, Mr. Giuseppe Coronella, EVP Fincantieri Offshore Business Unit said: ”We are very motivated to start this joint development process with a company delivering quality drilling and topsides engineering solutions. this will strengthen the capability of the established Fincantieri’s drilling supply chain, the “Polo Offshore”.
Read more about NLI’s innovative “Northern Light” derrick.
Source: Fincantieri, NLI to Offer New Solutions to Offshore Industry (Norway)| Offshore Energy Today.
Related articles
- Norway: Lundin to Drill 12 Wells with Island Innovator Rig (mb50.wordpress.com)
- Statoil Charters Light Well Intervention Vessels to Increase Recovery (mb50.wordpress.com)
- STX OSV to Build Two OSCVs for Siem Offshore (Norway) (mb50.wordpress.com)
- Norway: STX OSV Strengthens Specialist Technology with New Acquisitions (mb50.wordpress.com)
- Odfjell Offshore Raising up to $500M to Develop Fleet (mb50.wordpress.com)
- Diamond Offshore Orders New Drillship in South Korea (mb50.wordpress.com)
Norway: FMC to Provide LWI Services to Statoil
FMC Technologies, Inc., a global provider of technology solutions for the energy industry, has signed two five-year contracts with Island Offshore Management AS to supply Light Well Intervention (LWI) services for use by Statoil in the North Sea, contingent on approval from Statoil’s partners. Each contract contains options for two, two-year extensions.
FMC’s LWI services enable cost effective intervention and maintenance operations to be performed on existing subsea wells, resulting in higher recovery rates and accelerated production volumes in mature subsea oil fields. The contracts will commence when the existing LWI contracts between the companies expire in 2015. The well intervention activities will be conducted from two Island Offshore vessels, the Island Frontier and the Island Wellserver.
“Reducing the cost of operations and increasing oil recovery are two key benefits of the LWI system,” said Tore Halvorsen, FMC’s Senior Vice President of Subsea Technologies. “Demand for these services will continue to grow as the number of subsea wells increase, and we are pleased to continue to support Statoil with our LWI services.”
Norrway’s oil giant Statoil yesterday awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has awarded contracts to Island Offshore Management and Eide Marine Services for the charter of a total of three LWI vessels.
“These contracts prove that Light Well Intervention will also in the future be a common part of oil and gas recovery on the Norwegian Continental Shelf. Island Offshore is proud to announce another milestone as a validation of our efforts and investments in this market segment,” commented Robert Friedberg of Island Offshore.
Related articles
- Statoil Charters Light Well Intervention Vessels to Increase Recovery (mb50.wordpress.com)
- Norway: Statoil Charters New Light Well Intervention Vessels (worldmaritimenews.com)
- Norway: Statoil, Aker Solutions Enter USD 1.9 bln Cat B Well Intervention Deal (mb50.wordpress.com)
- Norway: PSA Conducts Audit of Major Accident Risk in Connection with Light Well Intervention (mb50.wordpress.com)
- Norway: NPD Supports Statoil’s New Rig Concept for Subsea Wells (mb50.wordpress.com)
- Enhanced recovery through subsea compression at Gullfaks (mb50.wordpress.com)
- Norway: EMAS AMC Wins Fram SURF Deal from Statoil (mb50.wordpress.com)
Statoil Charters Light Well Intervention Vessels to Increase Recovery

Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS).
Statoil has on behalf of relevant licensees awarded a contract to Island Offshore Management and Eide Marine Services for the charter of a total of three LWI vessels.
These purpose-built vessels are used for performing light well interventions, well operations and well maintenance without a riser-based system. Statoil can reduce well intervention costs by about 60% by utilizing a LWI vessel instead of a conventional rig.
“Performing these types of conventional jobs on subsea wells with low volumes of oil in place is expensive. The LWI vessels ensure both cost-efficient and safe operations,” says Statoil’s head of drilling and well Øystein Arvid Håland.
“Having more and new vessels of this category also helps increase recovery from fields on stream by opening new zones in the well, and stopping water production downhole.”
The contracts are worth a total of NOK 9.4 billion (USD 1.57 billion).

Island Offshore vessels Island Frontier and Island Wellserver, which already have contracts with Statoil, have been awarded new five-year contracts. Eide Well Intervention, a new supplier in this segment for Statoil, has been awarded an eight-year contract for their new build, which employs a completely new technology.
The contracts with both companies come into effect in the spring of 2015, and include two options to extend for another two years.
A growing number of discoveries are developed via subsea wells, and it is important both to have equipment capable of maintaining these and to avoid using conventional drilling rigs for this type of work.
The rig market on the NCS is characterized by an aging rig fleet, and it is necessary to ensure sufficient and adequate rig capacity at sustainable rates. To address this, Statoil has put light LWI vessels – category A units – into service on a large scale.
“We have great ambitions and a long-term perspective on the NCS. Using purpose-built rigs and vessels in our operations is an important part of Statoil’s rig strategy. The high number of subsea wells in the future will require maintenance, and we are securing capacity in order to meet this need,” says Statoil’s chief procurement officer Jon Arnt Jacobsen.
“Island Offshore has delivered solid services and we expect the same going forward. At the same time we are pleased to have increased the number of suppliers in this market, and through the Eide Well Intervention newbuild we are also employing the latest available technology. Together these three vessels will provide us with an efficient service fleet for light well intervention services.”
Statoil has been pursuing riserless well intervention in subsea wells since 2000, and the technology has steadily improved.
The category A units will perform services for Statoil and the partners on the Åsgard, Norne, Gullfaks, Oseberg, Heidrun, Snøhvit, Tyrihans, Tordis/Vigdis, Snorre, Statfjord and Sleipner fields.
Related articles
- Norway: Statoil, Aker Solutions Enter USD 1.9 bln Cat B Well Intervention Deal (mb50.wordpress.com)
- Norway: NPD Supports Statoil’s New Rig Concept for Subsea Wells (mb50.wordpress.com)
- Enhanced recovery through subsea compression at Gullfaks (mb50.wordpress.com)
- Norway: Aker Solutions Wins Cat B Well Intervention Contract from Statoil (worldmaritimenews.com)
- Statoil Introduces New “Cat J” Jackup Rig for Norwegian Continental Shelf + [VIDEO] (mb50.wordpress.com)
- Norway: PSA Conducts Audit of Major Accident Risk in Connection with Light Well Intervention (mb50.wordpress.com)
- Norway: EMAS AMC Wins Fram SURF Deal from Statoil (mb50.wordpress.com)
- Statoil awards Aker US$1.9B contract for Category B rig for increased oil recovery (greencarcongress.com)
Enhanced recovery through subsea compression at Gullfaks
Statoil and partner Petoro have agreed to apply subsea gas compression on the Gullfaks South field. This technological leap forward represents an important milestone in the efforts to improve recovery from this and other gas fields.
This technology adds 22 million barrels of oil equivalent to the production from the Gullfaks South Brent reservoir. The partners will invest some NOK three billion in the technology project scheduled to be completed in the autumn of 2015.
“Innovation and technology development are essential to improved oil and gas recovery and extended life for the fields on the Norwegian continental shelf. The development of subsea compression and processing is a central part of Statoil’s technology strategy for long-term production growth,” says Statoil’s executive vice president for Technology, Projects and Drilling, Margareth Øvrum.
The Gullfaks project is the second large subsea gas compression project planned by Statoil. In April this year the plan for development and operation for Åsgard subsea compression was approved by the Norwegian Parliament.
Both projects are scheduled to be compled in 2015. Furthermore Statoil is responsible for the technology qualification for Shell for a third not yet decided project, the Ormen Lange pilot. There are good synergies between the different projects.
Subsea gas compression is an important step on the road towards Statoil’s ambition of installing the elements for a ”subsea factory”. Subsea processing is key to getting access to resources in Artic areas and deepwater assets.
Read more: Enhanced recovery through subsea compression at Gullfaks.
Related articles
- Norway: NPD Supports Statoil’s New Rig Concept for Subsea Wells (mb50.wordpress.com)
- Statoil Introduces New “Cat J” Jackup Rig for Norwegian Continental Shelf + [VIDEO] (mb50.wordpress.com)
- Norway: Technip to Install Subsea Compression System on Asgard (mb50.wordpress.com)
- Norway: Statoil, Aker Solutions Enter USD 1.9 bln Cat B Well Intervention Deal (mb50.wordpress.com)
- Successful final commissioning of Expro’s AX-S subsea well intervention innovation (mb50.wordpress.com)
- Norway: EMAS AMC Wins Fram SURF Deal from Statoil (mb50.wordpress.com)
Chevron Canada Charters Magne Viking AHTS

Viking Supply Ships, one of TransAtlantic’s two business areas, has with the AHTS-vessel Magne Viking been awarded a term contract by Chevron Canada Ltd for operations on one well.
The contract is on subject and is not yet fully signed by the parties. The well support operations are estimated to last between 150 and 180 days and the charter will commence during the third quarter 2012. The vessel is going to support the drill ship Stena Carron with supply duties, anchor handling, towing, stand-by and rescue services, passenger movement and ice berg management.
Magne Viking is especially designed for subarctic operations and harsh weather conditions. The crew on board is especially trained for working in cold environments and has extensive experience from iceberg management from Greenland. The vessel is ice classed, which is a requirement for operating in Canadian waters, and will be upgraded to a full stand-by class in accordance with Canadian regulations. Magne Viking is furthermore equipped with de-icing systems, fire-fighting, oil recovery, large accommodation and safe deck handling.
The total contract value is estimated at about CAD 11.1 million.
Related articles
- Viking Supply Ships Wins Contract by Chevron Canada (worldmaritimenews.com)
- Norway: Lunding Charters LNG Powered Supply Vessel ‘Viking Prince’ (mb50.wordpress.com)
- Viking Supply Ships Extends Contract for Vessel Vidar Viking for Work in Russia (worldmaritimenews.com)
- UK: Rolls-Royce Equipment for Iceman AHTS (mb50.wordpress.com)
- India: Cochin Shipyard Delivers New AHTS to SCI (mb50.wordpress.com)

May 23, 2012 – Pan Pacific Petroleum, a partner on the Tui field, reported that the joint venture has further progressed evaluation of the Tui Area upside and has identified two potential development infill opportunities and two prospects, which are currently being further matured to enable the JV to decide on possible drilling plans. Subject to approval and rig availability, drilling is planned for 4Q 2012 – 1Q 2013.
May 21, 2012 – Premier Oil announced that the Dua project, a tie-in to the Chim Sao field, was formally sanctioned by Premier and Santos in April. It is expected that the necessary Vietnamese government approvals will be received during the second quarter of 2012. In the meantime, bids for FPSO modifications and the drilling rig have been received and are being evaluated. Premier continues to target 2014 for first oil.
May 21, 2012 – Otto Energy provided an update on remaining oil reserves balances at the Galoc oil field in the Philippines, performed by independent consulting firm RISC. The company confirmed the reported increase in reserves is attributable to better than expected reservoir performance to date and an extension of field life due to higher prevailing oil prices. Galoc is expected to remain in production until 2016 to 2018 on the basis of the existing two wells alone. Otto Energy estimates Contingent Resources of 1.49 MMboe (Otto share) at 2C level attributable to the Galoc Phase II development, currently progressing through Front End Engineering and Design, with a target Final Investment Decision around mid-2012.
May 21, 2012 – Wartsila Hamworthy will deliver inert gas generator units to eight FPSOs in the Santos Basin. Six of the units will be deployed for the Tupi fields with the other two being utilized for the Guara field. The first two units will undergo full scale testing at the factory in Moss prior to delivery, starting as soon as the end of December this year and up to the end of January 2015. Each of the units will be installed on the utility module on the FPSO inside a dedicated compartment. The eight FPSOs are currently under construction in Brazil.
May 21, 2012 – Total has confirmed the success of the G4 well intervention at the Elgin complex. To regain control of the well, heavy mud was pumped into the G4 well from the West Phoenix (UDW semisub). The leak was stopped, stated the company. Following the success of the well intervention, the next phase will be to re-man the Elgin complex and restart the Rowan Viking (430′ ILC) drilling rig in order to set cement plugs in the G4 well. This phase, aiming at completing the plugging and permanent abandonment procedure of the G4 well, will take several weeks. Once the first cement plug is set in the G4 well by the Rowan Viking, the drilling of the ongoing relief well with the Sedco 714 (mid-water semisub) will be stopped. In consultation with the appropriate authorities, it has been decided that drilling a second relief well by the Rowan Gorilla V (400′ ILC) jackup is no longer necessary and has therefore been cancelled.
May 21, 2012 – E.ON reported that progress has been made offshore on the Huntington field in the UK sector of the North Sea. The production wells drilled to date have exceeded expectations and development drilling is expected to be completed in July. The infill pipeline is now being laid and a two month installation FPSO window, commencing on September 1, has been secured. Previously announced delays to the upgrade of the FPSO have been addressed by increasing the manpower in the yard. The operator continues to forecast fourth quarter for first oil with an expected plateau production rate of 25,000 bopd.
May 22, 2012 – Shell has begun development drilling at its Cardamom field in Garden Banks Block 427 using the Noble Jim Thompson (DW semisub). The rig will drill two wells, with each well taking about 90 days. Both wells will be tied-back to the Auger TLP. Shell’s DOCD for Cardamom includes drilling four development wells and permits for all wells have been approved.







Continents of the World


