LogIn LogOut

OE Daily: 2019 / October

 

Ulstein Pushes Offshore Wind Vessels Segment

Oct 31, 2019

Norway's Ulstein Group is aiming to become a leading player in the growing offshore wind industry designing and building vessels for some of the world’s toughest areas and demanding operations. Image…

Oil and Gas Industry Adopts VR

Oct 31, 2019

The oil and gas industry is witnessing wide-scale deployment of virtual reality (VR) technology across its value chain, according to GlobalData. Pic: GlobalData According to the report…

Sembcorp to Build Whale FPU

Oct 31, 2019

Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico. (Image…

New Floating Wind Center Launched

Oct 31, 2019

The Offshore Renewable Energy (ORE) Catapult launched a new multimillion dollar national Floating Offshore Wind Center of Excellence to drive forward the development of next generation offshore wind technologies. (Photo…

Polarcus Wins 4D Project in West Africa

Oct 31, 2019

Marine geophysical company Polarcus said it has received an award for a 4D marine seismic acquisition project offshore West Africa. (Photo: Polarcus) The project duration is approximately…

DNO Swings to Q3 Loss

Oct 31, 2019

Independent oil firm DNO swung to a third-quarter loss amid writedowns on assets in the North Sea and northern Iraq, the Norwegian company said on Thursday. (File photo: Tullow) The company's third-quarter loss came in at $140…

OneSubsea, Subsea 7 Win Ormen Lange Contracts

Oct 31, 2019

Schlumberger said its subsea technologies division OneSubsea has secured a frame agreement with A/S Norske Shell for an engineering, procurement, construction and installation (EPCI) contract for the supply of a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea…

Africa’s Boundary Rows Delay Offshore Projects

Oct 31, 2019

The International Court of Justice has delayed to early November the hearing of the maritime border dispute between Kenya and Somalia and hence delaying further the earlier approved offshore oil and gas exploration activities by both countries…

As Majors Eye Brazil's Deepwater, Smaller Firms Seize Opportunity

Oct 31, 2019

As global oil firms make ever-bigger bets on Brazil's massive deepwater fields in its 'subsalt' area, a swarm of small and mid-sized companies has sprung up to specialize in lower-profile fields that still produce over a third of the country's crude…

Siccar Point Lures Bids from Majors, PE Funds

Oct 31, 2019

Bids for North Sea oil and gas firm Siccar Point, backed by private equity groups Blackstone and Blue Water Energy, are due on Nov. 7 and are likely to target specific assets rather than the whole company, four industry sources said. The…

Lundin Petroleum's Q3 Beats Forecast

Oct 31, 2019

Swedish oil firm Lundin Petroleum , a partner in Norway's giant Sverdrup oilfield, posted a smaller-than-expected decline in third-quarter earnings on Thursday, while raising output forecasts and cutting capital spending guidance. (Photo…

DNV GL RP for Subsea Pumping Systems

Oct 31, 2019

A new DNV GL recommended practice (RP) aims to help the oil and gas sector to deliver more cost-efficient and environmentally friendly subsea processing for improved hydrocarbons recovery. DNVGL-RP-F303 Subsea pumping systems provides a comprehensive…

Equinor Awards Hywind Tampen Contracts

Oct 31, 2019

Norwegian energy company Equinor today, on behalf of the Gullfaks and Snorre partners, signed contracts totaling around NOK 3.3 billion ($358.6 million) for the Hywind Tampen wind farm development. (Image…

Serica to Drill Columbus Development Well

Oct 31, 2019

Maersk Drilling said it has entered into a contract with Serica Energy UK Ltd. to drill a subsea development well at the Columbus Development in the Central part of the UK North Sea. The contract value is $8 million. (Photo…

Seaway 7 Scores Taiwan Job

Oct 31, 2019

Seaway 7, Subsea 7's renewables and heavy lifting business unit, has won a contract from Jan de Nul for the Formosa 2 Offshore Wind Farm project in Taiwan. (Photo: Subsea 7) The contract scope includes the transportation…

KML Completes the Decommissioning of SeaGen Tidal System

Oct 31, 2019

Keynvor Morlift Ltd (KML) has successfully completed the decommissioning of the SeaGen Tidal System in Strangford Lough, Northern Ireland, on behalf of Atlantis Energy, the global developer, owner and operator of sustainable energy projects…

Dolphin Drilling Enters Alliance with i3 Energy

Oct 31, 2019

Offshore drilling contractor Dolphin Drilling announced a two-month contract extension with i3 Energy for use of the Borgland Dolphin semi-submersible drilling rig and agreed to enter into a four-year strategic operations agreement between both companies…

E&P Companies Struggle on RoI

Oct 31, 2019

International  exploration & production (E&P) are struggling to make money from offshore investments made during the latest investment upturn, according to a new study by Rystad Energy. Graph: Rystad…

Boskalis Consortium to Develop French Port

Oct 31, 2019

A consortium led by Boskalis Nederland and Bouygues Travaux Publics has won a contract from the Occitanie/Pyrenees-Mediterranee region of France for the expansion of Port-La-Nouvelle in the south west of the country that will lead to offshore wind development…

ABB to Connect World’s Largest OWF

Oct 31, 2019

Swiss technology company ABB ABB has won a big contract to connect the world’s largest offshore wind farm (OWF) to Britain’s electricity grid. Image: ABB ABB has been selected by energy…

Well Intervention and Stimulation Alliance Formed

Oct 30, 2019

Aker BP, Schlumberger and Stimwell Services have established the Well Intervention and Stimulation Alliance to accelerate and boost oil production. (Photo: Aker BP) The 5+5 year tripartite…

Shell Buys Total's Stake in Brunei Block

Oct 30, 2019

Total said it has signed an agreement to sell wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei — to Shell for $300 million. (Image…

Plugging Cost and Complexity

Oct 30, 2019

Confidently setting an environmental barrier for plugging and abandonment (P&A) operations has traditionally been limited to mechanical bridge plugs and inflatable devices. At a fraction of the cost of conventional tools, Coretrax, the wellbore clean-up and abandonment specialist…

BW Offshore Proposes New Plan Offshore Gabon

Oct 30, 2019

Global owner and operator of floating production storage and offloading vessels (FPSO) BW Offshore, through its affiliate BW Energy, has announced a re-adjusted operational plan for its offshore Gabon operations after an outcome of drilling…

U.S. NatGas Prices Near 25-year Low as Glut Weighs

Oct 30, 2019

In the shale field that helped launch the U.S. natural gas boom a decade ago, Chesapeake Energy Corp this month set aside its last drilling rig. The problem for the once No. 2 U.S. gas producer was not a lack of gas, but too much of it. AdobeStock…

New 3D Geophysical Survey Vessel Named

Oct 30, 2019

On September 29, a delivery ceremony for a new 3D geophysical seismic survey vessel was held at the port of Tokyo and attended by NYK chairman Tadaki Naito. Seismic vessel Tansa (Photo: NYK Group) The new vessel…

Crane Vessel Sets GoM Lift Record

Oct 30, 2019

One of the world's largest crane vessels has set a new local heavy lift record of 11,100t for the Gulf of Mexico. (Photo: Saipem) The record lift, performed by the Saipem 7000 on October 7…

Dussafu Reserves Lifted

Oct 30, 2019

Panoro Energy reported a 68% increase in 2P oil reserves in the Dussafu Marin Permit, offshore Gabon.Following the successful discovery and appraisal of the Hibiscus Updip well announced on October 4, 2019, the discovered resources at Hibiscus…

MODEC Wins Barossa FPSO Contract

Oct 30, 2019

Partners in the Barossa project have taken another step toward a final investment decision (FID) with the awarding of the contract for the floating production, storage and offloading (FPSO) facility to MODEC International Inc., project partner Santos announced on Tuesday…

Standardizing Docking Stations

Oct 30, 2019

Gro Stakkestad, manager of subsea intervention and pipeline repair, Equinor, weighs in on her company’s thoughts on subsea resident vehicles. Gro Stakkestad, Equinor''s manager of subsea intervention…

Oil Steady as Inventory Drop vies with Trade Concerns

Oct 30, 2019

Oil prices fell on Wednesday as worries over a possible delay in resolving the U.S.-China trade war which has hurt global oil demand competed with a drop in U.S. crude inventories which buoyed prices. AdobeStock…

Baker Hughes Profit Rises on Strong Foreign Demand

Oct 30, 2019

Baker Hughes Co reported a rise in quarterly adjusted profit on Wednesday, helped by increased demand for its oilfield services and higher margins for its turbomachinery such as gas turbines and compressors. AdobeStock…

Industrial Control Systems, Cyber Security and Hygiene

Oct 30, 2019

SamSam, Shamoon, Stuxnet and Triton are just some of the popular viruses that have been targeted at Industrial Control Systems (ICS). They have caused a lot of damage. Triton’s purpose was causing loss of life; now, that is serious. In the IT security environment…

Packing AI into Offshore Robotics

Oct 30, 2019

Sean Halpin, Director, Product Management and Marketing, at relatively new entrant Houston Mechatronics, says that cost is driving a willingness to innovate. “Financial efficiency is a significant priority for the world’s oil companies in this…

ION Bags 3D Multi-Client Program in Argentina

Oct 30, 2019

ION Geophysical Corporation,  the provider geophysical technology, services and solutions to the global oil and gas industry, announced a new 3D multi-client program in Argentina's Neuquén Basin. Image…

Oilfield Services Firms Moving Beyond Oil

Oct 30, 2019

Heavyweight oilfield service providers like Saipem and Baker Hughes are moving past just oil and gas projects and embracing more renewable energy projects going forward. Graph: Rystad Energy In 2014…

Boskalis, Hwa Chi Win CFXD OWF Project

Oct 30, 2019

Netherlands headquartered Royal Boskalis Westminster together with Taiwanese partner Hwa Chi Construction have been awarded the foundation scope for the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project owned by Copenhagen Infrastructure Partners (CIP)…

Ørsted to Divest Stake in NJ OWP to PSEG

Oct 30, 2019

Danish wind developer Ørsted A/S will enter into exclusive negotiations for Public Service Enterprise Group  (PSEG) to potentially acquire a 25% interest in the proposed 1,100-MW Ocean Wind project. Block Island Wind Farm…

SGRE Wins Taiwanese 376 MW OWP

Oct 30, 2019

Siemens Gamesa Renewable Energy (SGRE) has received a firm order from a consortium between Macquarie Capital Limited and Swancor Renewable Energy Co to install the 376-MW Formosa II offshore wind farm project (OWP) in Taiwanese waters. Image…

Jan De Nul Completes Formosa 1 Phase 2

Oct 30, 2019

Jan De Nul Group has finished installing foundations, power cables and scour protection on the 120MW second phase of the Formosa 1 offshore wind farm off the coast of Taiwan. Image: Jan De Nul Group…

Steps Toward Freedom

Oct 29, 2019

Steffan Lindsø, Director of Emerging Technology, Europe, at Oceaneering, discusses resident subsea systems and why uptake today looks more likely than in the 2000s. E-ROV (Photo: Oceaneering) What was missing in the early 2000s…

Into a New Era of Organizational Memory

Oct 29, 2019

Jim Stuart, SVP Digital at Lloyd’s Register, outlines current and future challenges for asset owners and operators in the energy and marine industries across Asia-Pacific (APAC) and how technology will change the way knowledge is captured, stored and used across organizations for the better…

Total Charters 'Smart' Vessels

Oct 29, 2019

BOURBON and SONASURF have signed a three-year cooperation agreement with Total in Angola for the deployment of the Smart shipping program on five latest-generation supply vessels of the Bourbon Explorer 500 series (DP2-equipped PSVs) operating on blocks 17 and 32 off the Angolan coast…

Spirit Energy Raises Production at Chiswick

Oct 29, 2019

Spirit Energy has raised production from one of its North Sea fields following a £68.5 million ($88.3 million) drilling campaign, the UK based independent announced on Tuesday. (Photo: Spirit Energy) First…

Premier Oilfield Group Names Keenan CEO

Oct 29, 2019

Premier Oilfield Group has appointed Patrick “Paddy” Keenan as CEO, beginning October 28, 2019, the oilfield services company announced on Tuesday. Paddy Keenan is the new CEO of Premier Oilfield Group…

Residency in Waiting

Oct 29, 2019

It’s long been a vision to have underwater vehicles able to support subsea operations without reliance on a surface vessel. We’re closer to this vision than ever before, but what’s new that wasn’t in place before to make this happen? i…

Hunting Warns on Profit

Oct 29, 2019

British oilfield services firm Hunting Plc warned on Tuesday that annual core profit would be at the lower end of market expectations as it grapples with a slowdown in the U.S. onshore drilling market, sending its shares down as much as 7%. (Photo…

BP Profits Fall 40%

Oct 29, 2019

BP's profits fell sharply in the third quarter, hurt by lower oil prices, but strong refining operations helped the company beat expectations even after taking a one-off $2.6 billion charge linked to asset sales. (Photo: BP) BP…

Comment: Never a Dull Day

Oct 29, 2019

What do Colombia and Norway have in common? They both led the world in hydrocarbon discoveries in the third quarter of 2019. Buoyant: an EMGS survey vessel takes on fuel (Photo: EMGS) That…

Sembcorp Earns 3D Printing Certifications

Oct 29, 2019

Sembcorp Marine earns 3D printing certifications for parts used in construction and repairs Sembcorp Marine President & CEO, Wong Weng Sun (right) receiving the certifications from Remi Eriksen, Group President & CEO of DNV GL…

Hess Makes Gulf of Mexico Oil Discovery

Oct 29, 2019

Hess Corporation has made an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico, the US-based independent announced on Tuesday. The…

ConocoPhillips Profit Beats Estimates

Oct 29, 2019

US oil and gas company ConocoPhillips' quarterly profit shot ahead of analysts' estimates on Tuesday, as higher shale production offset the impact from lower crude prices and higher exploration costs. (Photo: ConocoPhillips) Total production…

CNOOC Orders MacGregor Pull-in System

Oct 29, 2019

MacGregor has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater floating production unit (FPU) located in the Lingshui 17-2 gas field, offshore China. (Image…

Offshore Decommissioning Market to Reach $8.9Bln by 2027

Oct 29, 2019

The offshore decommissioning market is estimated to be valued at USD 6.2 billion in 2019 and is projected to reach USD 8.9 billion by 2027, at a CAGR of 4.8% during the forecast period. Image: Aker Solutions The…

Norway Rejects Prosafe-Floatel Merger

Oct 29, 2019

The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel. Image: Prosafe Oslo…

Orca-1 is Largest Gas Discovery of the Year

Oct 29, 2019

On 28 October 2019 oil giant BP announced a major gas discovery, Orca-1, exploration well in the BirAllah area off the coast of Mauritania. Image: Kosmos Energy “The deepest and largest discovery so far this year…

Macquarie Doubles Gwynt y Môr Stake

Oct 29, 2019

Macquarie Infrastructure and Real Assets (MIRA) has agreed to lift its shareholding in the 576-MW Gwynt y Mor offshore wind farm in the UK by purchasing an additional 10% stake for an undisclosed sum. Export cable laying…

Eni-led Group to Build Wave Power Stations

Oct 29, 2019

Italian oil group Eni is joining forces with shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations. Photo by Fincantieri The agreement…

EMGS Bags Multi-Client Contract

Oct 29, 2019

Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has  announced that it has signed a USD 8 million multi-client contract with an undisclosed customer. EMGS survey vessel sailing in Hammerfest…

WAGO Names New PR Coordinator

Oct 28, 2019

WAGO announced Barry Nelson is the newest addition to its Marketing Communications team. Nelson will take the reins as the company’s public relations coordinator overseeing publicity, editorial content, social media and other written material…

Pemex Posts $4.4 Bln Loss

Oct 28, 2019

Slumping revenues pushed Mexico's Petroleos Mexicanos to a net loss of 87.4 bln pesos ($4.43 billion) in the third quarter, but the struggling state oil firm said on Monday it had cut back its hefty debt load, bucking the trend of recent years…

DNV GL Selected for Equinor's Bay du Nord

Oct 28, 2019

DNV GL will ensure that new infrastructure to be built for Equinor’s Bay du Nord oil field project is compliant to local and global safety requirements.  Photo: DNV GL DNV GL will oversee…

Start of reservoir section on Infill Ø, well 6407/9-11

Oct 28, 2019

The 8 1/2” BHA will be run in hole at approximately 22.00 hours tonight. New formation will be drilled during the night. The reservoir section is planned drilled in the morning hours of 27 October.As illustrated in the well schematic published on 18 October…

DNV GL to Class Bay du Nord FPSO

Oct 28, 2019

Norwegian-based DNV GL said it has been selected as Equinor's certifying authority and classification society for Bay du Nord  project, offshore Atlantic Canada. (Image: Equinor) Located approximately 480 kilometers northeast of St…

Worley Acquires 3sun

Oct 28, 2019

Services company Worley on Monday announced it has acquires 3sun Group, a UK-based installation, inspection and maintenance specialists in the offshore wind sector. (Photo: Worley) The…

Oil Steady as Russia Commits to Output Cuts

Oct 28, 2019

Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices. (Photo: Rosneft) Brent crude was down 1 cent at $62…

Norway Rejects Prosafe-Floatel Merger

Oct 28, 2019

Norwegian authorities have rejected the proposed merger between competitive offshore accommodations providers Floatel and Prosafe, the firms announced on Monday. (Photo: Prosafe) Following…

Peterson Renews Contract with Premier Oil

Oct 28, 2019

Energy logistics provider Peterson announced on Monday it has renewed a long-term contract worth over £20 million ($25.7 million) with independent exploration and production company Premier Oil. (Photo: Peterson) Peterson…

Well-Safe Solutions Secures New Funding

Oct 28, 2019

Well-Safe Solutions has secured a significant new tranche of investment, in excess of £66 million, to fund the next phase of its journey as a tier one well decommissioning company. Phil Milton and Mark…

McDermott Delivers Abkatun-A2 Platform

Oct 28, 2019

McDermott International said it has completed and delivered the Abkatun-A2 production platform for customer PEMEX Exploracion y Produccion in Mexico's Bay of Campeche in the Gulf of Mexico. (Photo: McDermott) 'With…

Edvard Grieg Shore Power Plan Finalized

Oct 28, 2019

Plan finalized for full power from shore for the Edvard Grieg platformLundin Petroleum announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) and the partners, have finalized the plan to fully electrify the Lundin Norway operated Edvard Grieg platform…

BP Makes Major Gas Find off Mauritania

Oct 28, 2019

Oil supermajor BP has made a major gas discovery in the Orca-1 exploration well in the BirAllah area offshore Mauritania, partner Kosmos Energy announced on Monday. (Photo: Kosmos Energy) Located…

Israel Grants Offshore Exploration Licenses

Oct 28, 2019

Israel on Monday granted offshore exploration licenses to two groups of energy companies in its latest round of tenders for the eastern Mediterranean. (File photo: Energean) Israel's Energy Ministry…

China, ISA to Establish Deep Ocean Center

Oct 28, 2019

The Secretary-General of the International Seabed Authority (ISA) Mr. Michael W. Lodge signed a Memorandum of Understanding (MoU) to establish the first ever joint training and research center with Mr. Wang Hong, Administrator of State Oceanic Administration of China…

Blyth Port Readies Turbine Training Facility

Oct 28, 2019

UK's East coast port , Port of Blyth, said that it is installing a bespoke wind turbine training facility at its Bates terminal as part of a GBP1mln investment in training provision aimed at the offshore energy sector. This is a first for the UK wind industry…

Minesto Boosts Taiwanese Presence

Oct 28, 2019

Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto’s Deep Green technology in Taiwan. Photo…

Emas Goes Under Judicial Management

Oct 28, 2019

EMAS Offshore, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, said that its July application to be placed under judicial management approved by High Court of Singapore. Image…

First Monopile Installed at Borssele III & IV

Oct 28, 2019

Dutch maritime contracting company Royal Van Oord said that its installation vessel Aeolus has completed the installation of the first monopile at the Borssele III & IV offshore wind farm. Image: Van Oord In the coming months…

POSH Terasea Liquidated After Default

Oct 28, 2019

PACC Offshore Services Holdings (POSH), an Asian operator of offshore support vessels, with a diversified fleet servicing offshore oil and gas E&P activities,  said its joint venture, POSH Terasea (PTPL) would be voluntarily liquidated by creditors…

C-Kore Systems Wins Queen's Award

Oct 25, 2019

C-Kore Systems announced it has been honored with The Queen’s Awards for Enterprise, in the Innovation category. (Photo: C-Kore Systems) The company welcome two Deputy Lord Lieutenants of North Yorkshire…

International SOS Invests in Iquarus

Oct 25, 2019

Medical and security risk services company International SOS said it becoming the majority shareholder and taking sole ownership of Iquarus after increased its investment in the Aberdeen business. (Photo: International SOS) International SOS…

LEKOIL Secures $11.5 Mln Debt Facility

Oct 25, 2019

West African focused oil and gas company LEKOIL announced on Friday it has signed a new $11.5 million debt facility with FBNQuest Merchant Bank.The facility has a maturity of four years and is repayable quarterly with a margin of London Interbank…

Conrad Reports Well Issues in Indonesia

Oct 25, 2019

Conrad Petroleum said it encountered problems while conducting testing at its Tambak 2 appraisal well on the Mako gas field offshore Indonesia. COSL Asian Endeavour 1 (File photo: Conrad Petroleum) Conrad…

Massachusetts Maritime Academy Opens Wind Training Facility

Oct 25, 2019

Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind…

Keenan Leaves Apache Corp

Oct 25, 2019

Oil and gas industry veteran Steven Keenan, who was credited with a high-profile shale discovery for Apache Corp, resigned on Wednesday from his position as senior vice president of worldwide exploration, the company said on Friday. (File…

Eni Hits Record Production as Profit Falls

Oct 25, 2019

Energy group Eni achieved its highest ever oil and gas production rate for a third quarter, softening the blow of lower quarterly earnings because of weak oil and gas prices. (File photo: Eni) The…

KNOC Scales Back North Sea Sale Process

Oct 25, 2019

State-run Korea National Oil Corp (KNOC) has scaled back efforts to pull out of the British North Sea, focusing on the sale of its stake in the Tolmount gas project, three industry sources said. (Photo…

Petrobras Says Pre-salt Costs Plummet

Oct 25, 2019

Brazilian state-owned oil company Petrobras said on Thursday that some of its costs in a key oil-producing region plunged in the third quarter, a positive sign given that the company is making a huge bet on the region. (Photo…

Shell, Exxon to Pay $1.7 Mln for Somalia Block

Oct 25, 2019

Royal Dutch Shell and Exxon Mobil have paid $1.7 million to Somalia to lease offshore blocks for 30 years, the country's state news agency reported on Friday. © Maksym Kapliuk / Adobe Stock 'Shell/Exxon Mobil have paid $1…

Petrobel Makes Discovery Offshore Egypt

Oct 25, 2019

Italian supermajor Eni said new resources have been discovered in the Abu Rudeis Sidri development lease, in the Gulf of Suez where the operating company Petrobel, equally held by Eni and by national oil company Egyptian General Petroleum Corporation (EGPC)…

Wood Wins Commissioning Work from Apache

Oct 25, 2019

Services firm Wood said it has been awarded a contract with Apache to provide commissioning services to the Beryl Alpha, Beryl Bravo, and Forties Alpha, Bravo, Charlie and Delta platforms located in the UK North Sea. (Photo…

Viking Supply Ships Scoops PSV Pair

Oct 25, 2019

Swedish-based Viking Supply Ships (VSS) in partnership with funds managed by Borealis Maritime, has entered into a contract to purchase two platform supply vessels (PSV) currently under construction. In addition to the partial ownership, VSS…

BSO, MOW Ink US Offshore Wind JV

Oct 25, 2019

Bernhard Schulte Offshore GmbH (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the US offshore wind industry as well as explore opportunities in other sectors of U.S. merchant shipping…

Predictive Maintenance

Oct 25, 2019

Asset managers leveraging advanced sensor technologies, vast pools of stored and processed data, and real-time analytics are able to foresee—and prevent—costly component failures. Emerson is providing…

Ongoing Reform Lifts Egypt Offshore

Oct 25, 2019

The bounce back of Egypt’s upstream operations continues to gain momentum, attracting additional offshore-focused investments and transactions with latest reports indicating Dubai-based oil and gas company Dragon Oil has received the nod to…

Reaping Wind at Sea: A $1 Trillion Industry

Oct 25, 2019

Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday. File…

Orbital, SKF Pact for Tidal Turbine Kit

Oct 25, 2019

The developer of floating tidal stream and run-of-river turbines Orbital Marine Power has announced a strategic contract with the Swedish bearings and seals maker SKF AB for the supply of the fully integrated power trains on its upcoming 2-MW O2 floating tidal turbine…

Dof Subsea Clinches African Contracts

Oct 25, 2019

Norwegian international subsea operating company DOF Subsea has won two contracts totaling more than 160 vessel days for its offshore vessels Skandi Seven and Skandi Skansen in Africa. Image: DOF Subsea…

FAR Says Gambia Blocks Could Hold 1.2 Bln Bbls

Oct 24, 2019

Africa-focused oil and gas explorer FAR Ltd said on Thursday that its two offshore blocks in the Gambia could potentially hold 1.2 billion barrels of oil. (Image: FAR Ltd) FAR, which operates and owns 50% of the two offshore licences…

US Grants Waiver to North Sea Field Partly Owned by Iran

Oct 24, 2019

The U.S. Treasury extended a licence for Serica Energy to operate the Rhum field in the North Sea which is 50% owned by Iran's national oil company, energy producer Serica said on Thursday. The Rhum…

Chinese Ship Exits Vietnam's Waters After Disputed Surveys

Oct 24, 2019

A Chinese oil survey vessel that has been embroiled in a tense standoff with Vietnamese vessels in the South China Sea left Vietnamese-controlled waters on Thursday after more than three months, marine data showed. Haiyang Dizhi 8 (© smp / MarineTraffic…

Eni Buys into Egypt's Habi Offshore Concession

Oct 24, 2019

Italian energy company Eni has bought 70% of Edison's stake in Block 12 of the offshore Habi gas concession in Egypt's eastern Mediterranean, an official at state-owned Egyptian gas company EGAS said on Thursday. (Photo: Eni) The official…

Jan De Nul Group Opts for SCHOTTEL

Oct 24, 2019

Jan De Nul Group’s new Offshore Jack-Up Installation Vessel (JUV) Voltaire – built at COSCO Shipyard in Qidong, China, and set set to be delivered in 2022 – will be powered by propulsion solutions from SCHOTTEL.  (Image…

Thistle Platform Evacuted

Oct 24, 2019

The Thistle platform in the UK North Sea has been shut down and all 115 workers have been evacuated following an inspection relating to a support element on a redundant subsea storage tank. (File photo…

RINA Classes Prysmian Cable Layer

Oct 24, 2019

The recently named cable laying vessel Leonardo Da Vinci, set to join the fleet of energy and telecom cable systems company Prysmian Group in the second quarter of 2021, incorporates innovative features that required the new battery power class…

DOF Subsea Tallies Contracts in Africa

Oct 24, 2019

DOF Subsea has secured two contracts totaling more than 160 vessel days for Skandi Seven and Skandi Skansen in Africa, the Norwegian based company announced on Thursday.Skandi Seven has commenced operations for a repeat international energy company in Angola…

Polarcus Awarded XArray Project In Australia

Oct 24, 2019

Offshore geophysical company Polarcus said it has revived an award for an XArray marine seismic acquisition project in Australia with an approximate duration of one month. (Photo: Polarcus) The…

CNOOC Q3 Capital Spending Surges

Oct 24, 2019

CNOOC Ltd, the listed arm of China's largest offshore oil and gas producer, on Thursday reported a 27.9% jump in capital spending in the third quarter amid Beijing's push to boost oil and gas exploration and production. (Photo…

Deep Down Reports New Contracts

Oct 24, 2019

Houston based equipment and services firm Deep Down announced on Thursday it has received orders exceeding $2 million from different customers, within one week. (File photo: Deep Down) The orders are for flying leads…

Saipem Chasing a Drilling Partner

Oct 24, 2019

Italian oil service group Saipem is pressing ahead with plans to find a partner for its drilling unit to focus on its core business of building offshore installations and pipelines, the company's chief said on Thursday. (Photo…

Equinor Sticks to 2019 Output Forecast

Oct 24, 2019

Equinor's third-quarter profit fell by more than expected on Thursday after a significant decline in the volume and price of natural gas sold to Europe, although the Norwegian firm reiterated its forecast for flat 2019 production. The…

CNOOC Says Production Not Affected by Sanctions

Oct 24, 2019

CNOOC, China's largest offshore oil and gas producer, on Thursday said it would be affected by U.S. sanctions on its COSCO shipping firm but there would be no impact on its oil and gas production. (File…

Dudley Plans to Remain on Rosneft Board

Oct 24, 2019

BP Chief Executive Bob Dudley on Thursday said he intends to remain on the board of Russian oil giant Rosneft despite his plans to step down at BP next year. Bob Dudley (Photo: BP) (Reporting by Olesya Astakhova…

New Decommissioning Cutting Tool Passes Tests

Oct 24, 2019

A new cutting and sealing tool for the decommissioning sector has been put through its paces in Balmoral Subsea Test Center's submersion tanks in Aberdeen, UK. The fast intervention tool is lowered into…

McDermott to Build SPS for Greater Tortue

Oct 24, 2019

McDermott International announced it has been subcontracted to build subsea production system (SPS) for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal. (Image: BP) 'Fabrication for both the SPS and subsea…

OWC Aims Scottish Offshore Wind

Oct 24, 2019

Engineering consultancy Offshore Wind Consultants (OWC) is setting up a Scottish office in Edinburgh to support the country's offshore wind market. Photo: Offshore Wind Consultants (OWC) “Scotland…

W2POWER Floater Passes First Test

Oct 24, 2019

Testing of the W2Power multi-turbine floating offshore wind platform prototype has been completed at the Plocan test site at the Canary Islands in Spain. Image: The W2POWER prototype was decommissioned from the PLOCAN’s test site…

Ofgem Rejects 600MW Shetland Cable Gig

Oct 24, 2019

Energy regulator Office of Gas and Electricity Markets (Ofgem) has been 'unable to approve' plans for two huge subsea cables to take energy from the Scottish islands to the mainland. Image: Ofgem The…

GMS Secures UAE Contract

Oct 24, 2019

Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels, said it had been awarded a 6.5-month contract for a K-Class (Small) self-elevating support vessel (SESV). Image…

Brazil to Lead in Global FPSO Deployments

Oct 24, 2019

Brazil continues to drive global floating production storage and offloading vessels (FPSOs) deployment with 21 planned and announced FPSOs during the period 2019 to 2025, according to GlobalData. Graphs…

Poland's PGE in Talks with Orsted on Baltic OWF

Oct 24, 2019

Poland's largest utility Polska Grupa Energetyczna SA (PGE) will begin talks with Denmark's Orsted about the sale of a 50% stake in two offshore wind farm (OWF) projects with combined capacity of 2.5 GW the company is developing in the Baltic Sea…

38 Oil and Gas Discoveries Made in Q3

Oct 24, 2019

GlobalData revealed that a total of 38 oil and gas discoveries were made globally in Q3 2019. Graph: GlobalData South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019…

Offshore Wind: New York Moves on Sunrise

Oct 24, 2019

Sunrise Wind, a joint venture of Ørsted A/S and Eversource Energy, has signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA). Image: NYSERDA Earlier in July 2019…

Petrobras Workers Plan to Strike

Oct 23, 2019

Unionized workers at Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, said they will start a general strike on Saturday to press for higher wages as they negotiate a new contract. (File…

Advanced Tools Tap Digital Knowledge

Oct 23, 2019

Innovative search techniques optimize digital information access for decision-making © botulinum21 / Adobe Stock Senior management makes strategic decisions based on reliable information that is assembled by support staff…

TechX Program Launched for a Third Year

Oct 23, 2019

The Oil & Gas Technology Center (OGTC) has officially launched the third year of its accelerator program, TechX, with the announcement of new industry partner, Equinor. (Photo: OGTC) The…

Doubling Down on Digital

Oct 23, 2019

Companies successful in reducing their capex and opex costs in the real world often do so by taking advantage of the digital world. The Integral digital twin platform from ix3 contextualizes data, which means it makes data consistent…

GE Powers World’s Largest Crane Vessel

Oct 23, 2019

In September, Heerema Marine Contractors’ semi-submersible crane vessel (SSCV) Sleipnir completed its first project, installing the topsides for the Leviathan development in the Mediterranean, a world record lift. Photo…

Total, Equinor Developing Offshore Robots

Oct 23, 2019

Industry partners working to develop robots for use on offshore oil and gas platforms say they will advance the technology toward real world testing. (Photo: OGTC) The OGRIP (Offshore Ground Robotics Industrial Pilot) robot…

Mooring Change-out for the Alba FSU

Oct 23, 2019

Services firm InterMoor said it said it swapped out 12 mooring lines on the Chevron-operated Alba floating storage unit (FSU) currently moored in 140 meters water depth in the UK North Sea. (Photo: InterMoor) The…

Aker Solutions Eyes Low Carbon Tech

Oct 23, 2019

Aker Solutions aims to adjust its portfolio of products and technologies to include more renewable energy and low-carbon technologies over the next decade, Norway's largest oilfield services firm said on Wednesday. (Image…

China Leads Race to Deep Sea Mining

Oct 23, 2019

China is likely to become the first country in the world to start mining seabed minerals if the international rules for exploitation are approved next year, the head of the International Seabed Authority (ISA) said.The quest for exploiting seabed minerals…

Searcher Completes Northern Basins Study

Oct 23, 2019

Searcher Seismic announced the expansion of its modern offshore data library with the completion of its Northern Basins Prospectivity Study in Papua New Guinea. Map: Searcher Seismic The…

NKT Services TenneT Offshore Cable Joints

Oct 23, 2019

German-Dutch power grid operator TenneT has awarded the cable company NKT with a three-year service agreement contract covering the cable jointing part of a larger offshore service agreement. Image:…

Jan De Nul Bags Dogger Bank Gig

Oct 23, 2019

Marine contractor Jan De Nul said that its new offshore jack-up installation vessel Voltaire has secured a contract from the world’s largest offshore wind farm, Dogger Bank Wind Farms. Image: Jan De…

ConocoPhillips Gets Drilling License

Oct 23, 2019

The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-8 S in the western Norwegian North Sea. Leiv Eiriksson with support vessel. Photo:…

WFW Advises on Race Bank Wind Farm Deal

Oct 22, 2019

Watson Farley & Williams (WFW), an international law firm based in London, said that it has advised Race Bank Wind Farm Limited on its USD 608 million sale of transmission system assets relating to the 573 MW Race Bank offshore wind farm to Diamond Transmission Partners…

New Offshore Wind Launch Academy in UK

Oct 22, 2019

Offshore Renewable Energy (ORE) Catapult, the UK's flagship technology innovation and research center for offshore wind, wave and tidal energy, has launched a new industry-backed national technology accelerator program. A…

US Energy Secretary Perry to Step Down

Oct 22, 2019

U.S. Energy Secretary Rick Perry, who told President Donald Trump last week he would resign late in the year, intends to step down on December 1, the energy department said on Monday. Rick Perry (Photo: U…

Mayflower Wind Survey Wraps Up

Oct 22, 2019

Marine surveyor TerraSond said it has completed a high-resolution geophysical survey for Mayflower Wind, 20 miles south of Martha’s Vineyard, Mass. (Photo: TerraSond) Over the two-month campaign…

Helix Introduces Q7000 Well Intervention Vessel

Oct 22, 2019

(Photo: Helix Energy Solutions) Helix Energy Solutions Group has introduced its newly built semisubmersible well intervention vessel, the Q7000.The Q7000 can perform through-riser well…

TDI-Brooks Hires Byno

Oct 22, 2019

Offshore geochemical exploration and heat flow measurement company TDI-Brooks International said it has haired Richard Byno III, PMP, as Director of Marine Operations. Richard Byno (Photo: TDI-Brooks…

Equinor Eyes Brazil Natural Gas Infrastructure

Oct 22, 2019

Norway's Equinor ASA is scouting locations on Brazil's coast to install new natural gas infrastructure, the company's Brazil chief said, as the firm's gas-heavy offshore fields come on-line in the coming years. Peregrino A platform…

Oil Search Trims 2019 Production Outlook

Oct 22, 2019

Australia-listed Oil Search Ltd on Tuesday posted a 24% drop in quarterly revenue and cut its 2019 production guidance after damage to a mooring system dented output.The company also reduced 2019 capital spending by about 15%, due to delays…

TechnipFMC Wins Perdido Phase 2 Scope from Shell

Oct 22, 2019

TechnipFMC said it has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Shell for the deepwater Perdido Phase 2 development, located in the Gulf of Mexico. Perdido…

Expro Names Fanning CFO

Oct 22, 2019

Oilfield services company Expro announced it has appointed Quinn Fanning as Chief Financial Officer. Quinn Fanning is the new CFO at Expro (Photo: Expro) Based in Houston, Fanning will succeed Michael Bentham…

Aker BP Cuts 2019 Oil Output Guidance

Oct 22, 2019

Aker BP ASA cut its full-year oil output target on Tuesday as production problems at the oil explorer's Valhall field in the North Sea offset a boost from the early opening of its Johan Sverdrup field in Norway. Valhall…

Swiss File First Charges in 'Car Wash' Probe

Oct 22, 2019

Switzerland has pressed charges against a person in a corruption probe of Brazilian state oil company Petrobras and construction firm Odebrecht, the attorney general's office said, adding it was seeking to conclude the case quickly. ©…

Fugro Enters the South Korean Offshore Wind

Oct 22, 2019

Fugro said on Tuesday it has signed a Memorandum of Understanding (MOU) with Underwater Survey Technology 21 (UST21) in a move that opens up the South Korean offshore wind farm market. (Photo: Fugro) The…

ORCA Hub Readies Drones for Offshore Energy

Oct 22, 2019

A consortium of five universities, including Heriot-Watt University, working with 35 industrial and innovation partners, has unveiled the latest results from its research collaboration. Image: Heriot…

First WindFloat Atlantic Unit Sets Sail

Oct 22, 2019

The first of the three floating platforms for the 25-MW WindFloat Atlantic project has sailed from Spain carrying a fully installed turbine to a location 20 kilometers (12.43 miles) off the coast of Viana do Castelo, Portugal. Image…

Swedish Military Blocks Taggen OWF

Oct 22, 2019

Swedish utility Vattenfall  and co-sponsor Wallenstam have cancelled plans to further develop the 300MW Taggen offshore wind project off the south coast of Sweden due to military opposition. Image: Vattenfall According to a Reuters report…

Prysmian Wins SGRE Gig

Oct 22, 2019

Italian cable manufacture Prysmian Group has secured a contract with turbine manufacturer Siemens Gamesa Renewable Energy (SGRE). Image: Prysmian Group The scope covers low voltage…

19 Fields in Production at Norwegian Sea

Oct 22, 2019

Norwegian Sea area, which is twice the size of the North Sea, has 19 fields in production and numerous discoveries are being developed and around 350 exploration wells have been drilled over the past 40 years, said Norwegian Petroleum Directorate (NPD)…

PGS Releases 3D GeoStreamer Survey Data

Oct 21, 2019

Norwegian seismic services provider Petroleum Geo-Services (PGS) said that beam migrated data is now available for viewing on its latest 3D GeoStreamer seismic survey over Angola blocks for the 2021 bid round. Map…

Panoro Exits Nigeria

Oct 21, 2019

Panoro Energy said it will no longer operate in Nigeria following a deal to sell its interest in the OML 113 offshore license to PetroNor E&P for $10 million plus a contingent consideration of up to $25 million based on future production volumes…

'Serious Injury' on Offshore Drilling Rig

Oct 21, 2019

An Australian offshore energy regulatory body has issued a prohibition notice to Diamond Offshore following a serious injury to a worker on board one of its mobile offshore drilling units operating in the Bass Strait last month. (Photo…

The Lion City Ready to Roar Again

Oct 21, 2019

When the offshore downturn hit, no operating region was spared. Southeast Asia, once the offshore poster child, found itself falling from grace, and hard. What followed was series of liquidations, bankruptcies, court protection and government intervention…

Noreco Signals Danish Revival

Oct 21, 2019

A temporary tax incentive regime, low oilfield breakeven pricing and a chance to profit on modifications alone rather than via drill bit appear to be factors lifting prospects and getting banks behind a stalled Danish offshore revival. Standing…

Seabed Geosolutions to Perform Santos Basin Survey

Oct 21, 2019

Seabed Geosolutions has secured a letter of award to provide a 3D ocean bottom node (OBN) survey in 2,000 m of water in the Santos Basin, offshore Brazil. 3D visualization of an interpreted horizon (Base of Salt) from the Santos Basin…

Halliburton Promises Cost Cuts

Oct 21, 2019

Halliburton Co on Monday promised more cost cuts after reporting a bigger-than-expected drop in quarterly revenue as the oilfield services looks to counter weak demand from North American shale producers, sending its shares up about 7%. © V…

Shell Exits Two Kazakh Offshore Projects

Oct 21, 2019

Royal Dutch Shell has pulled out of the Khazar offshore project next to the giant Kashagan field in Kazakhstan and a multinational consortium including Shell is also dropping plans for the adjoining Kalamkas block, officials said on Monday. (File photo…

Dragon Oil to Invest $1 Bln Offshore Egypt

Oct 21, 2019

Dubai-based Dragon Oil Ltd said on Monday it had completed the purchase of BP's oil concessions in Egypt's Gulf of Suez and will invest $1 billion over five years to boost and extend their production. (Photo: Dragon Oil) Dragon…

Temasek Bids $3 Bln for Control of Keppel

Oct 21, 2019

Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion) deal that could hasten a consolidation in the rig building sector which is battling the effects of low oil prices…

First Oil From Johan Sverdrup Reaches Mongstad

Oct 21, 2019

Oil from the giant Johan Sverdrup field in the Norwegian sector of the North Sea has arrived at the Mongstad plant north of Bergen. Johan Sverdrup field center (Photo: Espen Rønnevik/Øyvind Gravås, Equinor) “This…

Østensjø Rederi Orders Four Newbuilds

Oct 21, 2019

Aiming to meet increasing demand in the offshore wind market, Norwegian owner Østensjø Rederi said it has signed a letter of intent (LOI) for the construction of four commissioning service operation vessels (CSOV) to be built at at the Astilleros Gondán shipyard in Spain for delivery from 2022…

A New Slant on Decommissioning

Oct 21, 2019

Shallow gas reservoirs drilled into at a 60-degree angle from the surface in the 1980s have posed a unique decommissioning challenge – resulting in a new design modular plug and abandonment (P&A) unit. (Photo: MW Visuals Ltd…

McDermott in Financing Deal of Up to $1.7 Bln

Oct 21, 2019

U.S. oilfield services company McDermott International Inc on Monday agreed with some of its lenders for additional funding of up to $1.7 billion, sending its shares up 25% in trading before the bell. (File…

Jadestone Submits FDP for Vietnam Gas Fields

Oct 21, 2019

Independent oil and gas company Jadestone Energy said it has formally submitted the field development plan (FDP) for its Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Vietnam Oil and Gas Group (Petrovietnam), targeting first production in late 2021…

Bachmann, Stjernfeldt Join EVPE Board

Oct 21, 2019

EV Private Equity (EVPE) has appointed two new Advisory Board members, Bettina Bachmann and Carl Stjernfeldt, who bring decades of experience and venture capital knowledge to the firm. Bettina Bachmann…

New App Aims to Improve Project Performance

Oct 18, 2019

An Aberdeen-based company has created a lessons learned management system that captures critical project data and helps inform the future performance of complex oil and gas developments globally. Andy Sutherland…

Schlumberger Profit Beats Estimates

Oct 18, 2019

Schlumberger NV beat Wall Street estimates for profit on Friday, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America…

Petrobras Posts Another Major Production Boost

Oct 18, 2019

Brazilian state-run oil firm Petroleo Brasileiro SA posted a significant production boost in the third quarter, as heavy investments in its deepwater, pre-salt zone showed signs of paying off. (File photo…

Eni CEO: No Future for Firms Working in Just O&G

Oct 18, 2019

There is no future for companies that work only in oil and gas in the medium- to long-term, the head of Italian major Eni said on Friday. Eni CEO Claudio Descalzi (File photo: Eni) 'Diversification…

TechnipFMC Wins EPCI Contract from Woodside

Oct 18, 2019

TechnipFMC announced on Friday it has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia. (Image…

Partners Plan Floating Wind Farm in South Korea

Oct 18, 2019

Partners WindPower Korea, EDP Renewables and Aker Solutions will develop a 500 megawatt (MW) floating wind farm off the coast of Ulsan Metropolitan City in South Korea. (Image: Aker Solutions) The…

Maersk Drilling Scores POSCO Contract

Oct 18, 2019

Maersk Drilling said it has secured a contract Korean operator POSCO International Corporation to operated the drillship Maersk Viking for a three-well campaign offshore Myanmar Maersk Viking (Photo…

Woodside Makes FID for Pyxis Hub Project

Oct 18, 2019

Woodside said it has made a final investment decision (FID) for the Pyxis Hub project offshore North West Australia. (Photo: Woodside) The Australian energy company revealed in its third…

Online Tool Helps Assess Drilling Safety

Oct 18, 2019

A newly created online assessment tool aims to help drilling employers reinforce the competency of roustabouts. (Photo: OPITO) Developed as part of the OPITO Skills Screening online tool…

Naval Energies, SIDS DOCK to Support OTEC

Oct 17, 2019

A UN-recognized initiative Small Island Developing States (SIDS DOCK) and Naval Energies have signed a Memorandum of Understanding to support the development of marine renewable energy. Photo: Naval…

Seagreen Opts for MHI Vestas Turbines

Oct 17, 2019

Danish wind turbine manufacturer MHI Vestas Offshore Wind has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm. Image…

Jutal Offshore Wins Contracts Worth $490m

Oct 17, 2019

Chinese oil and gas techincal services company Jutal Offshore Oil Services has announced that the company has obtained a slew of new contracts with total value of RMB3.5bn ($490mln). Image: Jutal Offshore The…

Polarcus Announces XArray Project in Australia

Oct 17, 2019

Polarcus said it has secured high industry prefunding for a multi-client project in Australia with an approximate duration of one month. (Photo: Polarcus) The project will commence in…

Baker Hughes Finalizes Name Change

Oct 17, 2019

Baker Hughes has officially dropped GE from its name after the industrial conglomerate shed majority ownership in the oilfield services company in September. © xmentoys / Adobe Stock Formerly Baker Hughes…

Automated Well Control System Tested

Oct 17, 2019

An Automated Well Control system has been field trialed on a land rig in Aberdeen, a world first, according to the technology's developer Safe Influx. (Photo: Safe Influx) With funding support from Oil and Gas Technology Center (OGTC)…

Angola Hopes Reforms Will Aid Oil Assets Sales

Oct 17, 2019

Angola is hoping sweeping economic reforms will smooth an ambitious plan to sell key state assets, including stakes in oil company Sonangol, a share of Puma Energy and more than 100 other enterprises. ©…

Santos Posts Record High Output

Oct 17, 2019

Australia's number two independent gas producer Santos Ltd on Thursday said third-quarter production and sales volumes peaked to record levels, benefiting from higher output from its Western Australia assets. (Photo: Santos) Revenue of $1…

Premier Makes Find at Tolmount East

Oct 17, 2019

Premier Oil found gas while drilling at the Tolmount East well in the North Sea, the company announced on Thursday. Premier Oil CEO Tony Durrant (Photo: Premier Oil) The 42/28d-14 well in P1330…

S. Africa Legislation Could Spur Offshore Investment

Oct 17, 2019

South Africa is committed to fast-tracking the finalization of the proposal to split the pending Minerals and Petroleum Resources Development Bill to have a separate legislation and specific regulatory framework for the oil and natural gas sector…

Woodside Targets Scarborough FID in Early 2020

Oct 17, 2019

Woodside Petroleum Ltd has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project as it races to fill an anticipated global supply gap. (Photo…

Shell Aims to Operate Egypt Concessions in 2020

Oct 17, 2019

Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said. © Derek Brumby / Adobe Stock Shell won three oil and two gas concessions in Egypt in February…

Balmoral Scoops Three Awards

Oct 17, 2019

Aberdeen-based deepwater specialist Balmoral announced it has won three industry awards in recent weeks. Jim Milne, center, with Balmoral Comtec directors Gary Yeoman, Bill Main, Allan Robertson and…

Offshore Wind Cable Market to Grow 57% by 2023

Oct 16, 2019

The value of the global market for subsea power cables needed to build offshore wind farms will grow by 57% from GBP 717 million this year to over GBP 1.13 billion by 2023, according to a new report by RenewableUK. Image…

Saudi IMI Signs Jack-up Deal with GustoMSC

Oct 16, 2019

Saudi-based International Maritime Industries (IMI) has announced that it had signed a licence agreement with GustoMSC, a subsidiary of Houston rig and equipment builder National Oilwell Varco (NOV). Left to right: Mr…

Drilling Activity Buoyant in Norway

Oct 16, 2019

The number of wells drilled could challenge all-time high levels by the end of the year in the Norwegian Continental Shelf (NCS), while global offshore exploration activity has been flat year-to-date. Graph…

Orsted Chooses CWind Hybrid SES

Oct 16, 2019

Offshore wind farms service provider has signed a long-term charter contract agreement with Ørsted, to deliver the world’s first hybrid powered Surface Effect Ship (SES) to Borssele 1 and 2 offshore wind farms. Image…

Finding New P&A Alternatives

Oct 16, 2019

The P&A scope is large and the challenges diverse. It’s also an activity that’s increasing. In 2017, for the first time, more wells were abandoned in the UK North Sea (approximately 160) than new wells were drilled (less than 100), as fields reach the end of their productive lives…

Industry Shares North Sea Data with Scientists

Oct 16, 2019

The offshore industries and researchers are sharing industry-acquired ecological data as part of a program increase understanding of the influence of manmade structures on the ecosystem of the North Sea. (Image…

SBM Secures Liza Unity Financing

Oct 16, 2019

SBM Offshore completed the $1.14 billion project financing of Liza Unity floating production, storage and offloading unit (FPSO), the Netherlands-based company announced on Wednesday. Liza Unity (Photo…

How Brazil's $26 Bln TOR Auction Works

Oct 16, 2019

Brazil's Senate passed the main text of a bill late on Tuesday defining the distribution of proceeds from a blockbuster auction of oil prospecting rights, a key milestone for the enormous offshore region known as TOR - the 'transfer-of-rights' area…

Greater Castberg Survey Wraps Up

Oct 16, 2019

Marine geoscience companies CGG and TGS announced they have completed a 5,000 square kilometers multi-client 3D survey in the highly prospective Greater Castberg area in the Barents Sea offshore Norway. (Photo…

Wood Names Cox as Americas CEO

Oct 16, 2019

Energy services company Wood said Stephanie Cox  will take over as CEO of its Americas business, succeeding Andrew Stewart who has been appointed executive president of strategy and development for the global business. Stephanie…

Another Near Miss on the Terra Nova FPSO

Oct 16, 2019

Suncor Energy reported its third near miss in less than a year on board the Terra Nova floating production, storage and offloading unit (FPSO) stationed approximately 350 kilometers offshore Newfoundland and Labrador, Canadian authorities said…

Record US GoM Production Expected to Continue

Oct 16, 2019

Crude oil production in the US Gulf of Mexico will continue to set records through 2020, the US Energy Information Administration (EIA) expects. (Photo: Shell) The EIA said it anticipates…

MODEC, Yinson Win FPSO Charters from Petrobras

Oct 16, 2019

Brazilian state-run oil company Petróleo Brasileiro S.A. (Petrobras) has signed letters of intent with Japan’s MODEC and Malaysia’s Yinson for charter contracts for two floating production, storage and offloading units (FPSO) for the Marlim field offshore Brazil…

OSV Owners Waiting for Better Days in Brazil

Oct 16, 2019

With the resumption of oil and gas block tenders in Brazil, including highly valued pre-salt tenders, offshore support vessel (OSV) owners are expecting to get any vessels that are lying by without a contract to soon rejoin the market. However…

Deutsche Windtechnik Bags Borkum West Deal

Oct 15, 2019

Deutsche Windtechnik,  a specialist in the maintenance and repair of wind turbines, has secured a turbine maintenance contract from Trianel for a 200MW offshore wind farm in the German North Sea. Deutsche…

China Hosts Deep-Sea Exploration Contractors Meet

Oct 15, 2019

The third annual meeting between the International Seabed Authority (ISA) Secretariat and the contractors with deep-sea exploration contracts in the international deep-seabed (the Area) concluded in Changsa, China on Sunday. Photo…

Dominion Gets BOEM Nod Virginia OWF

Oct 15, 2019

American power and energy company  Dominion Energy has received two key determinations from the federal Bureau of Ocean Energy Management (BOEM) regarding the design, fabrication and installation of the Coastal Virginia Offshore Wind (CVOW) project…

LLOG Orders 20k Trees for Shenandoah

Oct 15, 2019

US-based LLOG has ordered subsea trees designed for pressures up to 20,000 pounds per square inch (psi) for its deepwater Shenandoah development in the US Gulf of Mexico. Rick Fowler, COO of LLOG and…

Brazil Passes Bill Dividing TOR Proceeds

Oct 15, 2019

Brazil's Senate unanimously approved the main text of a bill on Tuesday night that clears the way for what may be a record-setting offshore oil rights auction in the Latin American oil powerhouse. ©…

Veolia to Equip Liza Unity FPSO

Oct 15, 2019

Veolia Water Technologies said its VWS Westgarth subsidiary has been awarded a multimillion dollar contract by SBM Offshore for the supply of a seawater treatment package for the Liza Unity floating production, storage and offloading unit (FPSO)…

TÜV SÜD NEL Opens Advanced Multiphase Facility

Oct 15, 2019

Flow measurement research and development (R&D) specialist TÜV SÜD National Engineering Laboratory announced it has opened a £16 million ($20.5 million) Advanced Multiphase Facility (AMF), which aims to help global oil and gas operators to ensure production remains economically viable…

Can Liability Really Be Perpetual?

Oct 15, 2019

How to manage the legacy left by industrial development can be riddled with uncertainty and be enduring in nature. Perhaps understandably, the development of the UK’s offshore hydrocarbon reserves prioritized production considerations over those…

Transmark Subsea Acquires WiSub

Oct 15, 2019

Transmark Subsea announced on Tuesday it has acquired fellow Norwegian underwater environment company WiSub. (File photo: WiSub) Transmark Subsea manufactures cable systems for distribution of electrical signals…

OKEA to Live Stream Draugen Drilling

Oct 15, 2019

OKEA said it will live stream the drilling log from a pair of appraisal wells on the Draugen field in the Norwegian Sea. Deepsea Nordkapp (Photo: OKEA) OKEA, which took over as the field's operator in December 2018…

Neptune Promotes Jones

Oct 15, 2019

Neptune Energy said it has appointed Pete Jones as VP of Operations for Europe. Pete Jones (Photo: Neptune Energy) Jones, who previously served as UK Managing Director, joined Neptune…

A Fire in the Battery Room

Oct 15, 2019

A fire in the battery room of a passenger ferry this week has given Norwegian offshore safety officials — and firemen — a taste of the dreaded toxic, hard-to-control chemical explosions and fumes that marine energy storage was feared to have been theoretically capable of creating…

Keppel Delivers Jackup to Borr Drilling

Oct 15, 2019

Borr Drilling has teaken delivery of a newbuild jackup drilling rig from Keppel Offshore & Marine (Keppel O&M) subsidiary Keppel FELS. Built to Keppel’s proprietary KFELS B Class design, Hermod is the fourth of eleven jackup rigs that Keppel is building for the offshore drilling contractor…

TechnipFMC Wins EPC Contract from PetroVietnam

Oct 15, 2019

TechnipFMC announced on Tuesday it has been awarded a contract by PetroVietnam Gas for the engineering, procurement and construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam. (File…

Crown Estate Opens Offshore Wind Round 4

Oct 14, 2019

The Crown Estate has officially opened the Offshore Wind Leasing Round 4, which will offer seabed rights for at least 7GW of new projects in the waters around England and Wales. Image: The Crown Estate 'The…

Boa Offshore Wins AHTS Contracts

Oct 14, 2019

Norwegian offshore supply vessel owner Boa Offshore is awarded contracts by The Norwegian Defense Logistic Organization (FLO) to charter two vessels for the state’s emergency response preparedness. Image…

ProPetro Cuts Almost 150 Workers

Oct 14, 2019

ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the oilfield services sector as U.S. shale producers reduce drilling. AdobeStock…

Activists Climb Shell North Sea Platform

Oct 14, 2019

Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest against plans to leave parts of the giant structures in place after production shuts down. Greenpeace activists from the Netherlands…

The Drilling Evolution

Oct 14, 2019

Following a few years of low oil prices and a drop in rig utilization rates, drillers remain focused on ways to improve operational efficiency and safety. © Mohammad Fahmi Abu Bakar/Shutterstock Many…

Sinomine Wins Equinor Contract

Oct 14, 2019

Sinomine Specialty Fluids (formerly Cabot Specialty Fluids) said it has signed a framework agreement with Equinor for supply of cesium drilling and completion fluids to the company’s operations on the Norwegian Continental Shelf. The contract…

Energean Sells North Sea Assets to Neptune

Oct 14, 2019

Israel-focused Energean Oil & Gas Plc on Monday agreed to sell Edison E&P North Sea assets to Neptune Energy Group for up to $280 million, as part of an ongoing plan to sell non-core assets. Energean…

Aker BP Q3 Output Lags

Oct 14, 2019

Norway's Aker BP fell short of its third-quarter oil and gas output target and will take an impairment charge of $80 million, it said on Monday, sending its shares down more than 4%. Valhall (Photo: Aker BP) Daily output fell to 146…

Santos Acquires ConocoPhillips’ Northern Australia Interests

Oct 14, 2019

Santos announced it has acquired ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a $75 million contingent payment subject to FID on Barossa. Matt…

Motive Offshore Wins Spooling & Inspection Work

Oct 14, 2019

Marine equipment fabrication and rental company Motive Offshore Group said its spooling and inspection division has secured a contract from TechnipFMC to provide global offshore inspection and wire rope services. The initial three-year contract includes the option for two one-year extensions…

Hedge Funds Turn Bearish on Oil: Kemp

Oct 14, 2019

By early last week, hedge funds had become the most bearish towards petroleum prices since the start of the year, as traders grew increasingly pessimistic about the global economy. AdobeStock / © Scanrail Hedge…

Wintershall Wins Two Offshore Blocks in Brazil

Oct 13, 2019

German oil and gas company Wintershall Dea was awarded two offshore blocks in the Santos and Campos basins with its partners Chevron and Repsol in Brazil’s 16th Bidding Round for oil and gas exploration blocks. Map…

UK to Account for 35% Offshore Wind in Europe

Oct 13, 2019

The UK will account for 35% of the growth in offshore wind over the next five years, followed by the Netherlands and Germany, said , according to WindEurope’s new ‘Wind Energy Outlook to 2023’. Image…

ADES Wins 2nd Deepwater Drilling Gig in Egypt

Oct 13, 2019

The oil rig contractor ADES International PLC  has won a second deepwater drilling campaign in the Egyptian Mediterranean area, from  an undisclosed oil company. Image: ADES International PLC The…

Solvberg Appointed NPD Director General

Oct 13, 2019

The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland. Photo: Norwegian Petroleum Directorate According to a note from NPD…

Green Signal for Floating OWF in Norway

Oct 13, 2019

Germany's largest  natural gas and crude oil company Wintershall Dea GmbH together with the Norwegian continental shelf platform Snorre and Gullfaks oil field invest in the development of the Hywind Tampen offshore wind farm in the Norwegian North Sea off the coast of Florø…

Fourth Chestnut Production Well Planned

Oct 11, 2019

Spirit Energy and partner Dana Petroleum will drill a new well at the Chestnut field by the first quarter of 2020, extending its life by as much as three additional years. Initial expectations when the field first came online more than a decade ago were for a little over two years’ production…

Chestnut Field Extended Up to Three Years

Oct 11, 2019

Partners Spirit Energy and Dana Petroleum will invest £140 million ($177 million) to extend the life of the Chestnut field in the UK North Sea by as much as three years. Hummingbird Spirit FPSO (Photo…

Equinor Makes FID for Hywind Tampen

Oct 11, 2019

Equinor and the Snorre and Gullfaks partners have made a final investment decision (FID) for the Hywind Tampen offshore wind farm development and will submit updated plans for development and operation to Norwegian authorities. Illustration…

Japan, Scotland Invest in Subsea Technology

Oct 11, 2019

Scottish and Japanese companies will receive £9 million from a joint fund to work together on innovative subsea technology. L- R: Tony Laing of NSRI, David Rennie of Scottish Enterprise and Neil Gordon of Subsea UK…

BP to Shut West Chirag Platform for Maintenance

Oct 11, 2019

BP said on Friday it would shut down its West Chirag platform in Azerbaijan for 15 days starting on Oct. 15 for planned maintenance. (Photo: BP) 'In accordance with the plan, production…

Atlantic Offshore Orders Hybrid Package for OSV Pair

Oct 11, 2019

Technology group Wärtsilä said it will engineer, supply and install complete battery hybrid packages to two offshore supply vessels (OSV) owned by Norwegian-based operator Atlantic Offshore.  Ocean Art…

Eni Committed to Cyprus Exploration

Oct 11, 2019

Italian oil major Eni is committed to the exploration of Cyprus' Exclusive Economic Zone and its contractual engagements with the country, its chief executive said on Friday. (Photo: Eni) Turkey…

BP Spurs $10 Bln Divestment Target

Oct 11, 2019

BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday, as it looks to reach divestments worth $10 billion by the end of 2019, a year ahead of schedule. (File photo: BP) In a statement…

Denmark Weighs Ending North Sea Exploration

Oct 11, 2019

Denmark is assessing whether to go ahead with an already announced tender for new oil and gas exploration in the Danish North Sea after setting itself one of the most ambitious climate targets in the world. ©…

Springfield Kicks Off Ghana Drilling Campaign

Oct 11, 2019

Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, has spudded the first of its new deepwater wells off the coast of Ghana. Stena Forth (Photo: SEP) After targeting Afina-1x…

Iranian Tanker Hit by Missiles, Oil Rises

Oct 11, 2019

Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants…

Fewer Splices Mean Faster Umbilical Production at Upgraded Facility

Oct 11, 2019

A new method for manufacturing large power umbilicals can shave off 15% to 20% of manufacturing time by minimizing the number of electrical cable splices required. Elements coming together in Oscilay static closing point…

Windhoist Completes Hornsea One work

Oct 10, 2019

Windhoist UK, the wind turbine erection company, have now successfully completed all Pre-assembly operations at Hornsea 1, the world’s largest offshore wind power plant to date, comprising of 174 x Siemens Gamesa SWT-7.0-154 offshore wind turbines…

Ideol, Taisei Sign Floating Wind Deal in Japan

Oct 10, 2019

French floating foundations specialist Ideol and Taisei Corp have signed a Memorandum of Understanding (MoU) for joint development and promotion of concrete foundations for floating offshore wind in Japan using Ideol’s Damping Pool technology…

POSH Acquires Pacific Workboats

Oct 10, 2019

Singapore-listed operator of offshore support vessels PACC Offshore Services Holdings (POSH) has agreed to acquire the 50 per cent stake held by Sembcorp Marine (SMM) in harbour services provider Pacific Workboats Pte Ltd (PWPL) for over US$679…

Total Says It Will Skip Brazil TOR Auction

Oct 10, 2019

Fance's Total SA, the big winner in a Brazilian auction of offshore oil concessions on Thursday, said it will not participate in a bigger auction scheduled for November 6 of the so-called Transfer of Rights area in Brazil's pre-salt region. ©…

Brazil Oil Auction Draws $2.2 Billion

Oct 10, 2019

Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blocks in Brazil, in what could be a promising sign for even bigger upcoming oil auctions. (Photo…

Fugro Completes GoM Surveys for Shell

Oct 10, 2019

Fugro said it has completed several deepwater geophysical surveys in the Gulf of Mexico for Shell. (Photo: Fugro) The project required data collection over multiple deepwater lease blocks…

Tekmar Acquires Pipeshield

Oct 10, 2019

Tekmar Group, a provider of subsea protection systems technologies, said it has signed a sale and purchase agreement for the acquisition of subsea concrete mattresses provider Pipeshield International from its founder Steven Howlett. The deal…

Airswift Eyes APAC Growth

Oct 10, 2019

Airswift, the global workforce solutions provider for the energy, process and infrastructure sectors, announced two senior hires to build upon recent successes in the Asia Pacific (APAC) region. Fueled by the region’s energy and infrastructure markets…

Brazil Oil Bidding Points to Future Auction Success

Oct 10, 2019

Brazil's mines and energy minister said the positive results of Thursday's round of bidding for the country's offshore oil blocks point to successful auctions later this year of the so-called Transfer of Rights area and pre-salt oil find. ©…

BW Energy IPO Awaits 'Right Window'

Oct 10, 2019

Norway's BW Offshore will wait for markets to stabilize before launching a planned initial public offering of its oil production arm, BW Energy, an executive said on Thursday. (Photo: BW Offshore) 'We…

Brazil Court Green Lights TOR Mega Auction

Oct 10, 2019

Brazil's Federal Audit Court known as the TCU unanimously approved on Wednesday the ground rules for a major auction of pre-salt oil concessions in a 'transfer of rights' (TOR) area off the country's southeastern coast. ©…

Equinor Wins Exploration Permit off Australia

Oct 10, 2019

Norway's Equinor ASA said on Thursday it has been awarded a new exploration permit in shallow waters off Western Australia, close to the Dorado field, Australia's biggest oil find in more than two decades. (Image: Equinor) Equinor…

Which Way for Gabon's Offshore Sector?

Oct 10, 2019

Gabon, sub-Saharan Africa’s eighth largest oil producer, last week participated in the last of its earlier scheduled nine events held in North America, Asia, Europe and Africa, to popularize the 12th shallow and deep water licensing round with only three months before the bidding process is closed…

Brazil's New Dawn

Oct 10, 2019

Brazil’s offshore oil and gas sector: it’s complicated, challenging and rife with opportunity. Top producer: FPSO Cidade de Maricá, producing in Lula field through seven interconnected wells, produced 150…

GSI Expands in the UK

Oct 10, 2019

Offshore equipment and engineered solutions provider Gulfstream Services International (GSI) said it has moved into its new Aberdeen headquarters as part of an effort targeting expansion in the North Sea and beyond. (Photo…

Equatorial Guinea Says Currency Caps Will Hurt Energy Prospects

Oct 10, 2019

New currency controls enforced by the Bank of Central African States (BEAC) could ruin the oil and gas industry in the Gulf of Guinea and 'destroy' Equatorial Guinea's economy, the country's oil minister told Reuters on Wednesday. ©…

Majors to Bid in Brazil's $800 Mln Oil Auction

Oct 10, 2019

BP PLC, Chevron Corp and Royal Dutch Shell PLC are among firms that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks. ©…

Eni Won't Drill Off Cyprus if Warships Sent In

Oct 10, 2019

Eni is not concerned about escalating tensions between Cyprus and Turkey over the question of offshore drilling and would seek to stay clear of any conflict, the Italian oil and gas group's Chief Executive said on Thursday. Turkish…

Shelf Drilling Bags ONGC Jack-up Deal

Oct 09, 2019

Dubai-based Offshore drilling contractor Shelf Drilling has received an award for a three-year contract for the Trident II jack-up rig. Image: Shelf Drilling The Oil and Natural Gas…

CSA Ocean Sciences, MMT Join Forces for US Offshore

Oct 09, 2019

CSA Ocean Sciences (CSA), a provider of marine environmental services, and MMT, a provider of superior technical geophysical and survey services for the offshore offshore energy and Interconnector industries, have joined forces to provide combined services for the American offshore industry…

JERA Buys Majority Stake in Taiwan's Formosa 2

Oct 09, 2019

Japanese energy group JERA, , a joint venture between Tokyo Electric Power and Chubu Electric Power, has agreed to acquire a 49% stake in the 376MW Formosa 2 project being developed off the west coast of Taiwan. Image…

Crown Estate Hosts Round 4 Bid Talks

Oct 09, 2019

The Crown Estate, which acts as manager of the seabed around England, Wales and Northern Ireland, has hosted a Round 4 bidders day to give offshore wind developers further insight into how it will run the 7GW seabed rights auction. Image…

Final Turbine Installed at Taiwan 1st OWF

Oct 09, 2019

Formosa 1 announced that the installation of all 20 wind turbines for phase 2 of the project has now been completed. Image: Ørsted Formosa 1 is the first commercial-scale offshore wind farm in Taiwan and will be able to supply 128…

Deep Casing Tools Unveils New P&A Tech

Oct 09, 2019

A new tool designed to help reduce the cost of decommissioning is being developed by Aberdeen-based oil and gas technology company Deep Casing Tools (DCT) in collaboration with the Oil and Gas Technology Center (OGTC) and Total. (Image…

Drops Risks Not Fully Accounted For -Dropsafe

Oct 09, 2019

The offshore oil and gas sector urgently needs a comprehensive strategy to ensure that the risks of dropped objects are mitigated effectively prior to and during decommissioning. If mismanaged, drops may result in safety risks for personnel…

Maersk Supply Service Wins Brazil Project

Oct 09, 2019

Maersk Supply Service said it will provide an integrated mooring lines life extension solution for Shell’s floating production, storage and offloading unit (FPSO) Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro…

Hempel Promotes Wiese

Oct 09, 2019

Martin Wiese has been appointed to lead the protective and industrial business areas for worldwide coatings manufacturer Hempel. These two business segments, which deliver around half of Hempel’s total turnover, cover oil and gas, wind power…

Talos Deploys USI Subsea Wellhead Cap in the GoM

Oct 09, 2019

Universal Subsea Inc. (USI) announced that its patent-pending Defender subsea isolation cap was installed to the Bulleit subsea well, operated by Talos Energy in the Gulf of Mexico at a water depth of 1,300 feet. The…

Forum’s XLe Spirit ROV Completes Sea Trials

Oct 09, 2019

Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has completed sea trials in Norway, the manufacturer announced on Wednesday. XLe Spirit (Photo: Forum Subsea Technologies) The…

All-polymer Pipeline Connector Delivered

Oct 09, 2019

Swagelining, the polymer lining specialist for subsea pipelines, said it has installed its LinerBridge connector technology for the first time for three North Sea projects.. (Photo: Swagelining) The…

Unique Group Buys Five USVs

Oct 09, 2019

Subsea and offshore solutions provider Unique Group has sad it has signed an agreement to acquire five unmanned surface vessels (USV) DriX units from French technology company iXblue. (Photo: Unique…

Exxon Appoints Bank to Sell Malaysia Assets

Oct 09, 2019

Exxon Mobil Corp has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program, banking and industry sources said. ©…

Angola Seeks to Reduce Gas Flaring to Capture Revenue

Oct 09, 2019

Angola wants to cash in on the roughly 3 billion cubic feet per day of associated natural gas it produces, most of which is now flared, the petroleum minister said on Wednesday. © Igor Kardasov / Adobe…

Senegal Delays Oil Licensing Round

Oct 09, 2019

Senegal has delayed the launch of an oil and gas licensing round due on Wednesday until November 4 as contract documents still need to be finalized, oil minister Mahamadou Makhtar Cisse said. © Pictures…

Fugro Appoints Erik-Jan Bijvank as Group Director

Oct 08, 2019

Dutch multinational geo-data specialist Fugro has appointed Erik-Jan Bijvank as Group Director for Europe and Africa. Erik-Jan Bijvank. Photo: Fugro With this latest appointment, Fugro said it completes its new executive leadership team…

SSE Picks Montrose for Seagreen O&M

Oct 08, 2019

Dublin-based SSE Renewables, a renewable energy subsidiary of Airtricity, has selected the port of Montrose on the east coast of Scotland to serve as the operations and maintenance (O&M) base for its 1100MW Seagreen offshore wind farm. Image…

Germany Plans 20 GW of Offshore Wind by 2030

Oct 08, 2019

Germany's northern states and federal government want to nearly triple the country's installed offshore wind power capacity within ten years with a new expansion target of 20 gigawatts (GW) by 2030. Olaf Lies - Minister for the Environment…

Digitalization: Oil Industry Could Save up to $100Bln

Oct 08, 2019

The global oil and gas industry can save as much as $100 billion through automation and digitalization in the 2020s, energy research firm Rystad Energy said. Graph: Rystad Energy 'As…

Halliburton Awarded License for Gravel Pack Completions

Oct 08, 2019

Oilfield services company Halliburton said it has been awarded an international license for ExxonMobil’s patented Non-Aqueous Fluid Gravel Packing (NAFPac) technique for gravel pack completions. (Photo…

Energy Recruiters Name Scotland Regional Manager

Oct 08, 2019

Norway-headquartered MDE Group, a global provider of energy recruitment services, continues to implement its UK sector growth strategy, by announcing the appointment of its first regional manager in Scotland. Zander…

Northern Drilling Cancels Drillship Resale Contract

Oct 08, 2019

Offshore drilling contractor Northern Drilling announced it has cancelled a resale contract for the 7th generation ultra deepwater drillship West Cobalt, which had been scheduled for delivery from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) in 2021…

In Norway, Cost Overruns Are Good Times

Oct 08, 2019

Order delays, cancellations and decision-gate debates have been hampering Norwegian oilfield owners grappling with a vastly weakened currency and projects — like the not-on-time and not-on-budget, Martin Linge — that have burst budgets. Over…

Bourbon Rhode Search Continues

Oct 08, 2019

Search teams continue to scour the Atlantic Ocean for traces of seven mariners still missing offshore tug supply vessel Bourbon Rhode, which sank near a category 4 hurricane in September, the vessels' owner said. Bourbon…

Seacat Kicks Off 3-vessel Charter with Equinor

Oct 08, 2019

Offshore energy support vessel (OESV) operator Seacat Services said it has commenced a long-term contract with Equinor, which will see three OESVs support the ongoing operations and maintenance (O&M) of the 88-turbine Sheringham Shoal Offshore Wind Farm in the UK North Sea…

Production 4.0

Oct 08, 2019

As the oil and gas industry increasingly automates functions, one service company has focused on changing the focus from dumb iron to the cloud. © an-kyl-o / Adobe Stock Weatherford’s…

Borr Drilling Appoints Kibsgaard as Chairman

Oct 08, 2019

Offshore drilling contractor Borr Drilling announced that Pål Kibsgaard has been formally appointed as the new Chairman of the Board. © Lukasz Z / Adobe Stock Kibsgaard will replace Tor Olav Trøim as Chairman…

Sulzer Expands in Southeast Asia

Oct 08, 2019

Rotating equipment services provider Sulzer said it has opened a new service center in Semenyih, Malaysia to offer specialist technical knowledge and support for all types of pumps, electrical equipment and turbomachinery for local industries including oil and gas…

TGS Posts Record Q3 Revenue

Oct 08, 2019

Norway's TGS, a supplier of seismic data to the global oil industry, reported record third-quarter revenues on Tuesday, beating both its own and analysts' forecasts, the company said. © DedMityay / Adobe…

Groix and Belle-Ile OWF Selects MHI Vestas

Oct 07, 2019

MHI Vestas Offshore Wind, a joint venture between Vestas Wind Systems A/S and Mitsubishi Heavy Industries,  has been selected as the preferred supplier for the Groix & Belle-Île floating offshore wind project in France. Photo…

BOEM Announces New GoM Lease Sale

Oct 07, 2019

The US Department of the Interior's Bureau of Ocean Energy Management (BOEM) plans to offer about 78 million acres in a region-wide Gulf of Mexico lease sale scheduled for March 2020. Image: BOEM Lease Sale 254…

Maersk Installer to Support Pemex in Mexico

Oct 07, 2019

Danish offshore vessel owner Maersk Supply Service has secured a one-and-a-half-year  contract with Blue Marine Group to support Pemex from subsea support vessel Maersk Installer. Image: Maersk Supply Service Joining Maersk Implementer…

Geoquip Saentis Completes 1st Job in North Sea

Oct 07, 2019

Switzerland-based geotechnical data acquisition company Geoquip Marine said that its DP2 multi-purpose offshore support vessel, the Geoquip Saentis, has completed its first geotechnical campaign in the North Sea. Geoquip Saentis…

Transborders Signs up MOL on FLNG Solution

Oct 07, 2019

Perth-based company Transborders Energy has entered a Joint Study Agreement (JSA) to work with Japan's Mitsui OSK Lines (MOL) to together continue the development of its Floating LNG (FLNG) Solution and to pursue its deployment on a range of stranded offshore gas resource opportunities…

Shelf Drilling Wins Multiple Contract Extensions

Oct 07, 2019

Shelf Drilling, the international shallow water offshore drilling contractor, announced that it has secured contract extensions for four of its jack-up drilling rigs. Image: Shelf Drilling The…

Chevron Buys Into Three Blocks in Mexico

Oct 07, 2019

U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform. ©…

Qatar Petroleum Takes Over Offshore Oilfields

Oct 07, 2019

Qatar Petroleum has assumed operatorship of the Idd el-Shargi North Dome and South Dome offshore oilfields, the company said in a statement. (Photo: Qatar Petroleum) Development and production…

Jersey Awards Greater Buchan Contracts

Oct 07, 2019

UK focused independent upstream oil and gas company Jersey Oil & Gas said it has awarded contracts to consultancy Rockflow and services company Petrofac to support the Greater Buchan Area (GBA) development in the North Sea. (Photo…

Turkish Ship to Drill Off Cyprus by Tuesday

Oct 07, 2019

The Turkish drillship Yavuz will begin drilling for oil and gas southwest of Cyprus on Monday or Tuesday, Energy Minister Fatih Donmez said, in a move which has intensified tensions between the two countries. Fatih…

Keppel, Sembcorp Reach Deal with Embattled Brazil Firm

Oct 07, 2019

Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build drillships and rigs. © Nikita Sobolkov / Adobe Stock Sete…

Martin Linge, Njord Cost Estimates Climb

Oct 07, 2019

Norway's Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come on line, the government and operator Equinor announced on Monday. Martin Linge (Jan Arne Wold / Woldcam…

Interra Resources Spuds First Well in Kuala Pambuang Block

Oct 07, 2019

Southeast Asian independent oil and gas exploration and production player Interra Resources said has started drilling its first onshore well in the onshore/offshore Kuala Pambuang block, in southern Central Kalimantan, Indonesia, where seismic…

Neodrill Saves Costs for Siccar Point at Cambo

Oct 07, 2019

Neodrill's CAN well foundation has been proven to cut well construction time, costs and environmental impact, while also reducing risks and improve safety during conduct or running operations.

DEME Completes Installation on Hornsea1

Oct 06, 2019

Dredging, Environmental and Marine Engineering NV (DEME) offshore unit said that its  ‘Sea Challenger’ and crew completed the installation of 174 SWT-7.0 MW turbines on  Hornsea One, the world’s largest offshore wind farm. Image…

Bauer Tests Piles for OWF in France

Oct 06, 2019

German construction and machinery manufacturing firm Bauer Spezialtiefbau has tested onshore piles at the Saint-Brieuc offshore wind project in France to gather data for the design of foundations. An…

PGS Begins Sabah Phase 5

Oct 06, 2019

The seismic services prvider Petroleum Geo-Services (PGS) has announced a further expansion of one of the largest MultiClient 3D projects in the world. Phase five of the Sabah MultiClient project offshore Malaysia is under acquisition. First data is due Q2 2020…

Saipem Signs Subsea Drone Deal with Equinor

Oct 06, 2019

Italian oil and gas contractor Saipem has secured a subsea service contract from Equinor, covering use of an underwater intervention drone Hydrone-R and an all-electric work class remotely operated vessel (ROV) Hydrone-W at the Njord field development in the Norwegian Sea…

OSM Appoints New Chairman amd CEO

Oct 06, 2019

OSM Maritime Group, the provider of full service solutions to the Offshore and Maritime Industry, announced that it has appointed Tommy Olofsen as the Chairman. Photo: OSM Maritime Tommy will in his new role…

EMGS Increases Fleet Utilization

Oct 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said in its fleet update for the third quarter 2019 showed a fleet utilization of 73 percent,  compared with 29% for the third quarter in 2018. Atlantic Guardian…

Johan Sverdrup Comes On Stream

Oct 05, 2019

Production has commenced from the giant Johan Sverdrup field in the Norwegian North Sea, operator Equinor announced on Saturday. (Photo: Equinor) The largest development in Norway for three decades…

Buzzard Oilfield Shutdown for Repair Work

Oct 04, 2019

China's CNOOC shut down the 150,000 barrel per day Buzzard oilfield in the British North Sea to repair pipework on the platform, a spokesman said on Friday. (File photo: Suncor Energy) Buzzard…

Milito Named NOIA President

Oct 04, 2019

Veteran energy industry association executive Erik Milito has been named as the new president of the National Ocean Industries Association (NOIA) and will to take the helm of the offshore energy association effective November 1, 2019. Erik…

Saipem Wins BP Azerbaijan Job

Oct 04, 2019

Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan. (Photo…

Hibiscus Oil Find Bigger than Expected

Oct 04, 2019

Panoro Energy reported drilling results in the Hibiscus Updip well (DHIBM-1), located on Dussafu Marin Permit, offshore Gabon, “have significantly exceeded expectations” the company's CEO John Hamilton said. Adolo…

More Drilling Lifts Cyprus, Turkey Tension

Oct 04, 2019

Tensions between Cyprus and Turkey over offshore drilling intensified on Friday, with Nicosia accusing Turkey of a 'severe escalation' of violations of its sovereign rights. Yavuz (Photo: Turkish Minister…

BP Names Bernard Looney as Next CEO

Oct 04, 2019

Bernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major through a rising tide of environmentalism and the move to a low-carbon economy. Bernard Looney (Photo…

Shell Awards Pierce Scope to Subsea 7

Oct 04, 2019

Services company Subsea 7 said it has secured a contract from Shell for the Pierce depressurisation project in the UK North Sea, located approximately 160 miles offshore, east of Aberdeen. (Photo: Subsea…

Energean FPSO Hull Floated Out

Oct 03, 2019

The hull of Energean Oil and Gas’ Energean Power FPSO has been undocked and floated out from the COSCO Shipyards’ dock in Zhoushan, China, about 10 months after first steel cut. Image: Energean Power  Once completed…

OHT Heavy Lifter Keel Laying

Oct 03, 2019

Keel laying has been completed for Norway-based Offshore Heavy Transport (OHT)'s new crane vessel Alfa Lift currently under construction at China Merchants Heavy Industry (CMHI) yard in Jiangsu. Image…

DNV GL Awards Type Certificate to SGRE

Oct 03, 2019

DNV GL, the global quality assurance and risk management company,  has awarded Siemens Gamesa Renewable Energy (SGRE) with type certification for the manufacturer's new 8MW offshore wind turbine. From left to right: Andreas Kamleitner…

13 Firms Approved to Bid in 6th Pre-salt Round

Oct 03, 2019

Thirteen companies have been approved by Brazilian authorities to participate in a November oil bidding round for offshore exploration and production rights. © marchello74 / Adobe Stock The…

It’s Only Just the Start for Subsea Drones

Oct 03, 2019

The starting gun on a subsea space race has now officially been fired with the first ever award of a contract that includes services from a subsea resident drone. The docking station used in Sweden by Saab Seaeye (Photo: Elaine Maslin) But…

Mexican Government Not Seeking to Control Zama

Oct 03, 2019

Mexican President Andres Manuel Lopez Obrador said on Thursday that his government is not seeking to take control of the Zama oilfield discovery, which is currently operated by a private consortium led by U.S.-based Talos Energy. ©…

Shell Reaches FID for Pierce Upgrade

Oct 03, 2019

Operator Shell and its partner Ithaca Energy have taken final investment decision (FID) to upgrade the Pierce oilfield in the UK North Sea so that it can produce natural gas, Shell said on Thursday. Haewene…

Foss, Østensjø Partner for US Offshore Wind

Oct 03, 2019

Foss Maritime LLC and Østensjø Rederi AS have signed a Memorandum of Understanding to establish a partnership to provide domestic service operation vessels (SOV) to owners and operators of offshore wind projects in US waters. (Photo: Nicki Pløk…

ODE Wins Tolmount Installation Work

Oct 03, 2019

ODE Asset Management (ODE AM), a wholly owned subsidiary of the international engineering and operations support services contractor ODE Group Limited, has been appointed as Installation Operator (Duty Holder) of the Tolmount Platform, a Normally Unattended Installation (NUI)…

Climate Stakes for Suppliers

Oct 03, 2019

After a week that saw Norway announce a record number of oilfields in operation and support for the UN Climate Change Committee’s new report, there’s a paradoxical window of opportunity for offshore suppliers offering increments of “green” savings…

Equinor Sells 25% Stake in German Wind Farm

Oct 03, 2019

Norway's Equinor has agreed to sell a 25% stake in Germany's Arkona offshore wind farm for around 500 million euros ($547.85 million), almost doubling the value of its investment, the company said on Thursday. (Photo…

Japan JV Sells Frade Stake to PetroRio

Oct 03, 2019

Japan's Inpex Corp, Sojitz Corp and Japan Oil, Gas and Minerals National Corp (JOGMEC) said on Thursday they exited the Frade oil field in Brazil by selling their stakes to partner PetroRio S.A. (Image: Inpex) The three entities…

Subsea 7 Acquires 4Subsea

Oct 03, 2019

Services company Subsea 7 announced it has acquired 4Subsea, a provider of technology and services that delivers decision support to oil and gas and offshore wind operators. 4Subsea will function autonomously within Subsea 7…

Partners Walk Away from Mexico Gulf Project

Oct 03, 2019

A consortium formed by Hokchi Energy, Talos Energy and Wintershall Dea has given up a Mexican oil contract in the Gulf of Mexico's shallow waters due to lack of commercial discovery, the country's oil regulator said on Wednesday. ©…

Dolphin Drilling Wins Shell Contract

Oct 03, 2019

Dolphin Drilling sad it has secured a contract with AS Norske Shell in Norway for its Borgland Dolphin semi-submersible drilling rig to support the drilling and completion of a gas producer well on the Knarr field starting in early 2020. Dolphin…

LR Report Identifies Data Gaps

Oct 03, 2019

Despite the age of big data, 71% of organizations still rely on a single data source to analyze asset performance and risk management – instead of drawing information from multiple sources for a more comprehensive view, reveals a report released by Lloyd’s Register…

Subsea IMR Moves Robotic

Oct 02, 2019

Unmanned maritime systems (UMS), especially autonomous underwater vehicles (AUVs), are no stranger to commercial applications. Survey of the seafloor by AUVs and subsequently unmanned surface vehicles (USVs) is now an accepted practice. UMS technology is moving into new commercial domains…

Engie's Tractebel Unveils Hydrogen Platform

Oct 02, 2019

Tractebel Engineering GmbH and Tractebel Overdick GmbH are developing a concept for an offshore platform which makes it possible to produce hydrogen from offshore wind energy at an industrial scale using electrolysis. The…

50Hertz, Parkwind Pact for German Baltic Sea

Oct 02, 2019

Germany's 50Hertz Transmission GmbH and Parkwind, the Arcadis Ost 1 Belgian offshore developer, have successfully reached the next level of collaboration. Employees of Parkwind and 50Hertz on an offshore platform of Parkwind in a wind farm in the North Sea…

Wind Farm Fryslân Reaches Financial Close

Oct 02, 2019

Ten banks and the province of Fryslân are jointly financing the 382.7MW Windpark Fryslân, which is being built in the Dutch IJsselmeer, south of the Afsluitdijk, six kilometers off the Frisian coast. Image…

Sovcomflot Returns Seismic Vessel to Polarcus

Oct 02, 2019

Russia’s Sovcomflot (SCF) will redeliver the seismic survey vessel Vyacheslav Tikhonov to  the offshore geophysical company Polarcus in November 2019. Image: Polarcus  Polarcus in a…

NY Upgrades Port for Offshore Wind Boom

Oct 02, 2019

New York State has launched process to upgrade port infrastructure to support expanding offshore wind industry. Image: NYSERDA The New York State Energy Research and Development Authority (NYSERDA)…

Weatherford Wins Four-year Deal with Petrobras

Oct 02, 2019

Oilfield services company Weatherford International announced it has secured a contract with Brazilian-based multinational corporation Petróleo Brasileiro S.A., more commonly known as Petrobras, to deliver 24 Optimax deep-set safety valves in the next four years…

Transocean Floater Deployed with Hybrid ESS

Oct 02, 2019

Transocean has deployed the world’s first hybrid energy storage system aboard a floating drilling unit. The system is now operational on the Transocean Spitsbergen, engaged in drilling operations at the Snorre field in Norway, the drilling contractor said on Wednesday…

Peregrino Jacket Loaded Out

Oct 02, 2019

The 9,200-metric-ton jacket for the new Peregrino C platform has been loaded out at the Heerema fabrication yard in Vlissingen, the Netherlands, and is being fasted to a barge for sail…

Isabella Drilling Planned

Oct 02, 2019

Partners in the UK North Sea Isabella prospect will begin drilling a first trial well in October, one of the project stakeholders Ithaca announced on Wednesday. © corlaffra / Adobe Stock Drilling…

Offshore Inspections Take Flight

Oct 02, 2019

The use of drones to inspect offshore assets can drive up safety levels, increase operational time and reduce costs. A PrecisionHawk drone pilot collects aerial data during an inspection of oil assets…

Brazil Tops Record Monthly Oil Production

Oct 02, 2019

Brazil's oil production in August reached 2.989 million barrels per day, up 18.5% over the same month a year ago, as monthly output hit a record high, oil regulator ANP said on Wednesday. © Ranimiro…

Norway Sovereign Fund to Divest E&P Firms

Oct 02, 2019

Norway's $1.1 trillion sovereign fund will divest companies solely dedicated to oil and gas exploration and production in a bid to shield itself from a long-term fall in oil prices, the finance ministry said late on Tuesday. ©…

Valhall West Flank to Start Up this Autumn

Oct 02, 2019

Norwegian authorities have given operator Aker BP the go-ahead to start up the Valhall West Flank facility in the North Sea this autumn. Valhall West Flank is an unmanned facility tied in to the field center at Valhall…

DoJ Drops Shell Investigation

Oct 02, 2019

Royal Dutch Shell said on Wednesday that it had been informed by the U.S. Department of Justice that it had closed its inquiry into Shell over the 2011 $1.3 billion acquisition of a Nigerian offshore oilfield. ©…

CGG Delivers 4D Seismic for BP

Oct 02, 2019

French-based geophysical services company CGG said it has delivered broadband 4D seismic results ahead of schedule from BP Angola’s latest monitor survey offshore Angola. (File photo: CGG) The…

Rosneft Makes Discovery Offshore Sakhalin

Oct 02, 2019

Russian integrated energy company Rosneft said it has completed drilling the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, offshore Russia. Rosneft…

Fourth Bourbon Rhode Crew Member Confirmed Dead

Oct 02, 2019

Bourbon confirmed on Wednesday that the body of a fourth crew member has been recovered following the sinking of its vessel Bourbon Rhode last week. Only three of the 14 Bourbon Rhode crew members have been rescued as the search continues for seven mariners still missing…

Subsea 7 Wins Offshore Wind Work in Taiwan

Oct 02, 2019

Subsea 7 said it has secured a contract for the installation of the submarine cable system on an offshore wind farm project in Taiwan. (Photo: Subsea 7) The award is worth between $50 million and $150 million…

Equinor to Deploy Subsea Resident Vehicles

Oct 02, 2019

Norwegian energy company Equinor said it will use the new Hydrone all-electric wireless underwater intervention drone (UID) and remotely operated underwater vehicle (ROV) technology from Italian services firm Saipem at the Njord Field development…

GE Provides World's Most Powerful Turbines British OWF

Oct 01, 2019

Dogger Bank Wind Farms, which is developing what will become the world’s largest offshore wind farm when built, has  unveiled GE Renewable Energy as its preferred turbine supplier. Image: GE Under the new deal…

Zennor Wraps up 2019 Finlaggan Subsea Gig

Oct 01, 2019

UK North Sea operator Zennor Petroleum announced that the 2019 Finlaggan subsea installation campaign utilizing six separate vessels over the summer has been safely and successfully completed. Image…

Mayflower Joins Connecticut Offshore Bids

Oct 01, 2019

Mayflower Wind has submitted bids to the Connecticut Department of Energy and Environmental Protection in response to Connecticut's Request for Proposals. Image: Mayflower Wind Mayflower…

California Launches Offshore Wind Coalition

Oct 01, 2019

A group of offshore wind industry members that includes Equinor, Magellan Wind and Principle Power have launched an offshore wind group in California. Image: Offshore Wind California The…

PTTEP, Halliburton Ink Automation Deal

Oct 01, 2019

PTTEP, a national petroleum exploration and production company in Thailand, selected Halliburton Landmark for joint development of new well design workflow to automate drilling and completion engineering processes across the well lifecycle, the US-based oilfield services company announced…

US DOJ Closes Eni Investigations

Oct 01, 2019

The U.S. Justice Department has closed its investigations into alleged corruption by oil major Eni in Nigeria and Algeria without taking any action, the Italian energy group said on Tuesday. Eni CEO Claudio Descalzi (Photo: Eni) Eni…

Oil Search Boss to Retire in 2020

Oct 01, 2019

Papua New Guinea's biggest company Oil Search Ltd said on Tuesday long-serving Managing Director Peter Botten will retire from the firm next year after 25 years in the role, just as the company enters a major growth phase in PNG and Alaska. Peter…

Proserv Restructures

Oct 01, 2019

Controls technology company Proserv announced it has established two separate divisions as part of a corporate restructure plan. Proserv’s management team: Davis Larssen (left), David Currie (middle)…

Benthic Wins Geotechnical Work from TechnipFMC

Oct 01, 2019

Geosciences company Benthic announced it has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development, a deepwater discovery off the coast of Mozambique that will be developed as a subsea system…

Valaris Announces New Contract Awards

Oct 01, 2019

Offshore drilling contractor Valaris on Tuesday announced a group of new global contracts and contract extensions, with associated revenue backlog of approximately $245 million.  VALARIS JU-291 (Photo: Equinor) The latest batch of contracts…

Australia's Explorers Step Up Oil Hunt

Oct 01, 2019

Australia's oil exploration has picked up over the past year following the country's biggest find in more than two decades, and could drive a resurgence in production that has fallen to a near 50-year low. ©…

InfraStrata Buys Harland and Wolff Shipyard

Oct 01, 2019

Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday. ©…

Polarcus Gets Prefunding for Australia Survey

Oct 01, 2019

Polarcus said it has secured high industry prefunding for a multi-client XArray project in Australia. (Photo: Polarcus) The project will commence in the fourth quarter of 2019 with an approximate duration of two months.

Wintershall Dea Trims Norway Portfolio

Oct 01, 2019

Wintershall Dea has agreed to sell its stakes in Norway's Nyhamna gas processing terminal and the Polarled gas pipeline to CapeOmega and Solveig Gas to focus on its upstream oil and gas activities, the German oil and gas company said on Tuesday…

Three Confirmed Dead in Bourbon Rhode Sinking

Oct 01, 2019

The bodies of two more crew members from sunken offshore tug supply vessel Bourbon Rhode have been recovered by search teams in the Atlantic Ocean, the vessel's owner Bourbon announced on Tuesday. Three crew members are confirmed deceased, three…

Papua New Guinea Oil Boss Steps Down

Oct 01, 2019

Papua New Guinea’s largest company, Oil Search Ltd, has announced that Peter Botten, its long-serving Managing Director, will retire next year after 25 years in the role. He will be succeeded by senior executive Keiran Wulff in February 2020 and will step down from the board the following August…

Current News

Polarcus Scores Seismic Job in Malaysia

Polarcus Scores Seismic Job in Malaysia

DOF Subsea Bags APAC Contracts

DOF Subsea Bags APAC Contracts

Sarawak Seeks to Recoup Tax from Petronas

Sarawak Seeks to Recoup Tax from Petronas

Thunder Cranes Wins Chevron Contract

Thunder Cranes Wins Chevron Contract

KMG, Tatneft Outline Cooperation Roadmap

KMG, Tatneft Outline Cooperation Roadmap

China to Cut Renewable Power Subsidy

China to Cut Renewable Power Subsidy

CNPC Inks Two Cooperation Deals in Kazakhstan

CNPC Inks Two Cooperation Deals in Kazakhstan

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week