Bp News

Photo: IKM Subsea

IMR Contract to IKM Subsea

Aker BP has awarded IKM Subsea an ad-hoc call of agreement for light IMR services on the Norwegian continental shelf. The duration of the contract is 3 years with additional six years of options. IKM Subsea will provide onshore project management, engineering, tooling preparation and offshore operations utilizing its Merlin ROV fleet.

The West Hercules drilling rig in the Barents Sea. (Photo: Ole Jørgen Bratland / Equinor)

Norway Awards Oil Permits to 11 Firms in Arctic Licensing Round

that the oil companies see opportunities for further profitable petroleum activity in the north," Oil and Energy Minister Terje Soeviknes said in a statement.Equinor, formerly known as Statoil, was awarded five licences and will participate as a non-operating participant in a further two.Shell, Aker BP, Lundin, OMV and Spirit Energy, a Norwegian joint venture between Britain's Centrica and Germany's Bayerngas, were also offered operatorships.Licence operators determine exploration programs and sign contracts with suppliers, in coordination with partners.In addition, DEA, Idemitsu, M Vest

(Photo: Aker BP)

Aker BP Adds More Acreage off Norway

Norway's independent oil firm Aker BP has agreed to buy stakes in 11 production licenses off Norway from French Total for a cash consideration of $205 million, the company said on Tuesday.The portfolio includes four discoveries with net recoverable resources of 83 million barrels oil equivalents based on estimates from the Norwegian Petroleum Directorate (NPD), it added."With this transaction, we get access to new tie-back opportunities in the Alvheim and Skarv areas, we strengthen our resource base in the NOAKA area, and we increase our interest in exploration acreage near the Ula field

The Grane platform in the North Sea. (Photo: Harald Pettersen / Equinor ASA)

Equinor Awards $3.7 Billion Service Deals

," Equinor, formerly known as Statoil, said in a statement."This results in less interfaces and more clearly defined responsibilities, facilitating more seamless planning and implementation of the operations between the various contributors," it added.Last November, oil firm Aker BP signed a five-year integrated well service alliances with Halliburton, Odfjell Drilling and Maersk Drilling.($1 = 8.1563 Norwegian crowns)(Reporting by Nerijus Adomaitis, editing by Terje Solsvik

Tony Laing (Photo: NSRI)

Laing Appointed NSRI Director

, universities and academics as they look for support in bringing new innovations to market that can push the UK energy industry forward for years to come.”   As the subsea focused technology research partner organization of Subsea UK, NSRI is supported by companies, including Total, Shell, BP, Subsea 7, Wood and Scottish Enterprise. The organization plays a key role in communicating the needs of the industry to the supply chain, encouraging market-led development of technology.    Chairman of NSRI, Peter Blake said, “Many know Tony within the oil and gas sector, with his

Photo: McDermott International, Inc

BP Selects McDermott, BHGE for Subsea Contracts

 McDermott International and Baker Hughes (BHGE), a GE company  announced the selection of front-end engineering design (FEED) studies in advance of a substantial engineering, procurement, construction and installation (EPCI) contract for BP’s Tortue/Ahmeyim Field Development, a major gas project located on the maritime border of Mauritania and Senegal.   During this initial engineering phase, McDermott will work on defining the subsea umbilicals, risers and flowlines (SURF) scope for the project, while BHGE will focus on the subsea production system (SPS) scope.   The

© Mike Mareen / Adobe Stock

Record-size US Offshore Oil Lease Sale Draws Modest Bidding

think we’re seeing continued consistent investment in the Gulf of Mexico," BOEM spokesman Mike Celata said in a conference call with reporters, adding he forecast increasing oil and gas production from the region for years.   He said 33 companies, including majors Royal Dutch Shell Plc , BP Plc, Chevron Corp, and Total SA , had placed 159 bids on 148 blocks.   But critics of the administration called the unusually large lease sale ill-timed. U.S. crude oil and natural gas output is already smashing records thanks to improved drilling technology that has opened up cheaper onshore

From left to right John Fraser (Sparrows Group), Laura Steedman (BP), Ray Riddoch (Nexen Petroleum U.K. Limited) Photo courtesy of SPE Aberdeen

Offshore Achievement Award winners Announced

sector.   Ray Riddoch, UK managing director at Nexen was named this year’s Significant Contribution winner thanks to three decades of shaping and influencing the offshore energy industry. Other individual winners included John Fraser of Sparrows Group for Above & Beyond, Laura Steedman of BP for Young Professional and Alan Higgins, who received a Special Recognition Award for his efforts in education and promoting STEM subject.   BiSN collected two awards on the night; the Innovator Award and the Great Company (SME) Award. Entier collected the Great Company (Large) accolade.  

Tim Dodson, executive vice president for Exploration in Statoil. Photo courtesy Statoil

Statoil Bags Four Blocks Offshore Brazil

bonus of 638,550,000 USD*. The same consortium made up of Petrobras (40%), ExxonMobil (40%) and Statoil (20%), presented the winning bid for the C-M-709 block in the Campos Basin with a signature bonus of 450,000,000 USD. Both blocks will be operated by Petrobras.    Statoil, together with BP, presented the winning bid for blocks C-M-755 and C-M-793. The signature bonus for both blocks totalled 26,016,600 USD (Statoil’s share was 40%). The blocks will be operated by BP.    The award in Brazil’s 15th bidding round reinforces Statoil’s ambition of long-term growth

Photo: C-Innovation

C-Innovation Secures Subsea Construction Contract with BP

C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has secured a three-year contract with BP Exploration & Production, Inc. (BP), the largest energy investor in the deepwater Gulf of Mexico.   The contract encompasses subsea construction, inspection, maintenance and repair (IMR) and logistics services in the Gulf of Mexico. With Port Fourchon, La., serving as the home port, the new contract will bring together ECO’s extensive fleet of multipurpose platform supply and well intervention vessels with C-I’s ROV, tooling, project

FPSO. Photo: TechnipFMC plc

TechnipFMC Grabs BP FPSO Design Contract

 UK-based TechnipFMC has been awarded a front-end engineering design (FEED) contract by BP for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim Field Development, a major LNG (liquefied natural gas) project located offshore on the maritime border of Mauritania and Senegal.   The agreement between the two companies provides a mechanism to allow a transition of the contract to an Engineering, Procurement, Construction and Installation (EPCI) contract at a later stage.   TechnipFMC will work on defining the technology and equipment scope and brings

Photo courtesy BP

BP, Reliance Move Ahead in Deep Water

 BP and Reliance Industries Limited (RIL) today announced the sanctioning of the ‘Satellite cluster’ project in Block KG D6. The companies are moving forward to develop the Block’s discovered deep-water gas fields in an integrated series of projects, bringing new gas production for India.   The ‘Satellite cluster’ is the second of three projects in the Block KG D6 integrated development. The first of the projects, development of the ‘R-Series’ deep-water gas fields, was sanctioned in June 2017. Together the three projects will develop a total of

Bibby Offshore Deploys New Diving Safety System

Subsea services provider Bibby Offshore has become the first to deploy a pioneering diving safety system in the North Sea.The company said it provided its divers with the Compact Bailout Rebreathing Apparatus (COBRA) during a recent contract with BP North Sea. COBRA, developed by JFD, is a simple, reliable bailout system which offers divers up to 45 minutes of fully independent breathing gas in an emergency situation.Working at depths of up to 110 meters, the Bibby divers using the COBRA system to deliver electrical umbilical installation, subsea control module (SCM) change-out, and production and

Margareth Øvrum (Photo: Ole Jørgen Bratland / Statoil)

Changes in Statoil's Top Deck

Hegge as Chief Financial Officer. Hegge will become U.S. country manager.John Knight, Statoil's head of global strategy and business development, who is based in London, will be replaced by Al Cook, an executive in the international development and production division, who was once chief of staff to BP CEO Bob Dudley.Tim Dodson remains Statoil's head of exploration."The changes in top management and our business area structure will strengthen our ability to deliver ... as we develop as a broad energy company", chief executive Eldar Saetre said in a statement.In March, Statoil said it

Odfjell Drilling buys “Deepsea Nordkapp”

Odfjell Drilling announced that Aker BP has today awarded Odfjell Drilling a 2 year firm drilling contract with 1+1 year optional periods. The day rates for the drilling contract will be based on market terms to be determined prior to commencement of drilling operations. In addition to the market linked day rate, a performance bonus as agreed in the alliance agreement with Aker BP, as announced on 21 November 2017, will apply. The contract has a minimum value of USD 245 million, subject to certain adjustments.  The commencement of drilling operations is expected in Q2/Q3 2019.   For the

File Image: A photo taken during an offshore DNV GL Drone-enabled survey (CREDIT: DNV GL)

In US Gulf, Robots, Drones Take on Dangerous Offshore Oil Work

At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD, dubbed "Maggie" by BP, the dangerous inspection job was reserved for highly paid specialist technicians who did their jobs while rappelling along the platform. The energy industry has turned to robots and drones to cut costs and improve safety in some of the world's tougher working environments. Drones inspect gear high up on floating

Wellhead schematic (Photo: DNV GL)

New Recommended Practice for Wellhead Fatigue Analysis

are represented and described. Early engagement and communication between a wide variety of stakeholders is imperative. This RP provides the common platform to initiate technical studies and facilitate the analysis process.”This was echoed by Buba Kebadze, Sr. Technical Specialist, Subsea Wells, BP  who said “Tremendous effort has been made over last few years by DNV GL and the JIP advisory board to navigate complexities in modelling for wellhead fatigue analysis and facilitate a multitude of approaches and viewpoints existing within different stakeholders in the industry to produce

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