Conocophillips News

Photo: Transocean

Transocean Signs 11 Well Contract with Chevron Australia

services, is approximately USD 158 million. Additionally, the contract includes four one-well options.Two days ago, Transocean announced that the midwater semisubmersible Transocean 712 was awarded a 13-well contract (approximately 580 days) commencing in March 2019 in the U.K. North Sea with ConocoPhillips.The estimated firm contract backlog is approximately $75 million. Additionally, the contract includes a one-well option

John Warrender (Decom North Sea)

Decom North Sea Names Warrender as Chief Executive

includes significant leadership experience in the strategic development of complex decommissioning programs in the North Sea.Most recently an independent advisor to the industry, applying his specific expertise in corporate governance and performance improvement, Warrender spent over 20 years with ConocoPhillips in a range of technical and leadership positions, latterly as General Manager, Upstream Gas Assets in the UKCS, before joining the Board of Repsol Sinopec as MD for Sinopec’s UK subsidiary during a critical transformative phase for that company. He also served on the OGA Regional Development

Aker Solutions Awarded Two MMO Contracts

Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips. The company received a framework agreement for a fixed period of five years to become ConocoPhillips' main supplier of maintenance and modifications work offshore Norway. The agreement may be extended by up to three years and covers work on all installations at the Ekofisk and Eldfisk fields offshore Norway, starting in February. The contract value depends on how much maintenance and modifications work is undertaken over the next five

Image: University of Miami

Large Rogue Waves More Common than Previously Thought

Rogues,” was published in the March 8 issue of the journal Scientific Reports. The authors include: Donelan and Anne-Karin Magnusson from the Norwegian Meteorological Institute. The work was partly performed within the ExWaMar project (ID 256466/O80) funded by the Norwegian Research Council. ConocoPhillips provided the wave data

Subsea closeup illustration screen version (Photo: DNV GL)

A New Standardization for Subsea Forgings

, we are now implementing the recommended practices in projects,” adds Elisabeth Hauso Skjerven, Chief Engineer, Aker Solutions.   The following companies have been part of developing the RP in phase two of the JIP: Aker Solutions, BP International Limited, Brück, Celsa, Chevron, ConocoPhillips, Det Norske, Dril-Quip, Ellwood Group, Eni, ExxonMobil, Franchini Acciai, Frisa, GE, OneSubsea, Petrobras, Ringmill, Scana Subsea, Statoil, TechnipFMC and Total.   Other subsea standardization initiatives led by DNV GL includes documentation, welding and subsea process equipment

File photo: Jamie Baikie / Statoil

Statoil Set to Drill Its Biggest Arctic Hope

of more than 250 million barrels of oil equivalent (boe) or 100 million boe net for Statoil.   Sweden's Lundin Petroleum, Statoil's partner in the license, estimates Korpfjell could hold more than 1 billion boe, based on seismic surveys.   Other partners in the license are Chevron, ConocoPhillips and Norway's Petoro. (Reporting by Nerijus Adomaitis; Editing by David Holmes

Executive Director of Well-Safe Solutions, Mark Patterson (Photo: Well-Safe Solutions)

New Player Enters the Decommissioning Market

market-leading decommissioning company for the future.”   Patterson and Alasdair Lock are the major shareholders. Among the other industry heavy-hitters is Paul Warwick, formerly executive director for Repsol SA, executive vice president for Talisman Energy Inc. and regional president of ConocoPhillips Inc.   Warwick added, “From an operator’s perspective, Well-Safe’s offering will be highly compelling. There is no better time for a new entrant to invest in key assets and people to build a market-leading decommissioning company for the future. Well-Safe is responding

The National Marine Sanctuary of American Samoa (Photo: NOAA)

Energy Industry Says 'No Thanks' to Trump Offer of Marine Sanctuaries

this opportunity,” said Catherine Reheis-Boyd, the president of the Western States Petroleum Association, referring to four marine sanctuaries off California’s coast that are under review.   The WSPA represents major integrated companies including Exxon Mobil, BP, Chevron, and ConocoPhillips, and is focused on the region that would be most affected by the review.   Officials for those companies did not respond to requests for comment.   Other sanctuaries under review include the Thunder Bay Sanctuary in the Great Lakes, the Northeast Canyons and Seamounts in the Atlantic

Alvheim FPSO (Photo: Det norske)

Det Norske to Restore Production at Alvheim after Leak

leak in the pump room aboard the Alvheim FPSO. The crew on board managed to stop the leak after a short period of time," Det norske, operator of the field in which it holds a 65 percent stake, said in a statement on Thursday evening.   Other partners in the Alvheim field include ConocoPhillips with a stake of 20 percent, and Lundin Petroleum, with a stake of 15 percent. (Reporting by Stine Jacobsen; Editing by Alexandra Hudson

© h368k742 / Adobe Stock

Norway's Arctic Oil Plan Violates Constitution, Lawsuit Says

in the audience, adding that the lawsuit was a "performance" aimed at getting public attention. Sejersted told the court the lawsuit by the plaintiffs, should the court find in their favour, would have wider consequences than just suspending the 10 licenses awarded in 2015 to Lukoil, ConocoPhillips and others. "It would stop all future oil licenses awarded off Norway and would imperil hundreds of thousands of jobs," he said, adding that the case is based on an expansive and political interpretation of the constitution's article 112. The suit is being heard as nations are gathered

Photo courtesy of Statoil

Statoil Plans Barents Sea Exploration

and authorities for an exploration campaign in 2017 covering between 5 and 7 wells in the Barents Sea.   During the past months Statoil has entered or increased its share in five licens es in the Norwegian part of the Barents Sea by a number of agreements with Point Resources, DEA, OMV and ConocoPhillips.   “Giving us access to new acreage, the transactions demonstrate our belief in continued exploration potential on the NCS. We have played a leading role in the Barents Sea for 40 years, and we are still a guarantee for high activity in the area,” indicates Averty.   New

© xmentoys / Adobe Stock

As US Opens Up Offshore Waters, Eastern GoM Beckons

operations, training and testing."   Defense Department spokeswoman Major Carla Gleason said collaboration with Interior on the issue was "a priority."    Major offshore producers such as Exxon Mobil Corp, BP Plc, Anadarko Petroleum Corp and ConocoPhillips declined to comment. Shell welcomed the expanded offshore prospects the Trump administration plans to make available, but has not committed to any new activity, said spokesman Curtis Smith. A Chevron spokeswoman, Veronica Flores-Paniagua, said the company is happy with Trump's

Horizon Marine Announces Personnel Changes

the Horizon Marine team as a Business Development Specialist. Ambrosi’s 10 years in the oil and gas industry has focused on supporting and coordinating Emergency Response efforts for deepwater Gulf of Mexico exploration and production. His experience is from both the operator-side working for ConocoPhillips and Nexen, and the supplier-side as a Senior Project Manager with O’Briens Response Management. His insight into the Incident Management System will allow for the development of unique solutions for the Emergency Response community. Ambrosi has a Master’s of degree in Marine Resources

Peter Colemanm CEO Photo Woodside

Woodside Buys ConocoPhillips’s Senegal interests

Woodside completed the transaction to buy 100% of the shares in ConocoPhillips Senegal B.V. The total purchase price was US$350 million plus net customary adjustments of approximately US$90 million. Woodside CEO Peter Coleman said the acquisition was an exciting addition to Woodside’s global growth portfolio. “We look forward to working with the Government of Senegal and joint venture participants Cairn Energy, FAR Limited, and Petrosen, the Senegal National Oil Company, to progress the commercial development of the SNE and FAN discoveries. “Woodside will bring to the

Update: Statoil Follows Shell out of Alaska

during the worst price crash in six years. Businesses, politicians and environmental groups have squared off over drilling in the Arctic, which is widely believed to have large undiscovered oil resources.   Statoil said it will exit 16 leases it operates and its stake in 50 leases operated by ConocoPhillips.   "Since 2008, we have worked to progress our options in Alaska. Solid work has been carried out, but, given the current outlook, we could not support continued efforts to mature these opportunities," Statoil exploration chief Tim Dodson said in a statement.   When it

Senior vice president for field development on the NCS Ivar Aasheim (to the right) and project manager Hogne Pedersen submitted the PDO for Oseberg Vestflanken 2 to petroleum and energy minister Tord Lien (left) today, 18 December. (Photo Ole Jørgen Bratland, Statoil)

Statoil, Partner Submit PDO for Oseberg Vestflanken 2

field centre via a new pipeline. Production start is scheduled for the second quarter of 2018. Oseberg Vestflanken 2 is the first of three planned phases for developing the remaining reserves in the Oseberg area. The licensees are: Statoil (operator) (49.3%), Petoro (33.6%), Total (14.7%) and ConocoPhillips (2.4%). Location: In the North Sea, around 8 kilometres northwest of the Oseberg field centre Volumes: 110 million barrels of oil equivalent (o.e.) Water depth: Around 110 metres Estimated life: Until 2040 Development: Unmanned and remote-controlled wellhead platform with wells to be

(Official White House Photo by Pete Souza)

Obama Bans New Drilling off Alaska, Part of Atlantic Shore

federal offshore crude production came from the Arctic. At current oil prices, significant production in the Arctic will not occur, according to a Department of Interior analysis.   There is currently no crude oil production in the Canadian Arctic. A number of companies including Chevron Corp, ConocoPhillips and Imperial Oil hold exploration licenses, but all three have put their drilling plans on hold, partly because of weak global oil prices.   On the U.S. Atlantic coast, local groups have opposed offshore drilling and would fight the Trump administration's attempts to open it up.  

Marine Technology Magazine Cover Oct 2018 - Ocean Observation: Gliders, Buoys & Sub-Surface Networks

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