Energy

Wintershall, and its licence partners Petoro and Spirit Energy, have started production at the Maria field one year ahead of schedule. Costs have been reduced by more than 20% compared to plan. Oil production has now begun, whereas originally start-up was intended for the fourth quarter of 2018.

Aker Solutions has won orders from Aker BP for the Skogul and Valhall Flank West oil fields offshore Norway.

Petrobras and ExxonMobil has signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.

Open Ocean, a pioneer in Marine Data Intelligence, launched in 2015 Metocean Analytics, the first online offer for metocean studies on-demand.

Among the different size categories of LPG ships, the small vessel segment is expected to be the best performer in 2018 while Handysize vessels will be the worst, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.

Trelleborg, the world leader in engineered polymer solutions, today hailed the recent successful test of the Universal Transfer System (UTS) conducted with Connect LNG and Gas Natural Fenosa, as tangible evidence of the new applications that its suite of products for jettyless LNG transfer can unlock in this challenging field.

Modulift provided a custom lifting beam, slings and shackles as specialist pipeline contractor Stockton Drilling completed multiple lifts of a 28t, 18m-long tunnel boring machine (TBM) that was working subsea at the Beatrice Offshore Windfarm / Direct Pipe Landfalls (BOWL) project at Portgordon, Scotland.

Probe Technologies Holdings, Inc. announced it has completed a strategic merger with Hunter Well Science Ltd. that significantly expands its product offering to better serve its growing international customer base. By joining forces, Probe and Hunter plan to accelerate the commercial release of a combinable and technologically-advanced solutions platform that initially includes Reservoir Evaluation, Production Logging, Well Integrity and Petrophysics tools and services.

Eni, together with its Area 4 Partners, announces that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of US$ 4,675,500,000 split in the following facilities:

LSU Craft & Hawkins Department of Petroleum Engineering faculty Wesley Williams and Mileva Radonjic received more than $7.5 million of the total $10.8 million awarded by the Gulf Research Program of the National Academies of Sciences, Engineering, and Medicine to projects that address systemic risk in offshore oil and gas operations.

The Carbon Trust’s Offshore Wind Accelerator has announced a new €2.3 million project, Wind Farm Control Trials (WFCT) designed to demonstrate how effective implementation of control strategies can reduce the cost of offshore wind. The project will investigate the impact of focusing on strategies that aim to improve energy generation across an entire wind farm, rather than individual turbines.

Statoil has submitted the PDO (plan for development and operation) for the Johan Castberg project on behalf of the partnership with Eni and Petoro. Several major contracts will also be awarded to Norwegian industry.