Join OEdigital on Facebook Join OEdigital on LinkedIn Join OEdigital on Twitter
 

OE Press: 2015 / September

While Russia is continuing to pump crude oil at record levels, producing on average 10.685 MMb/d in 2015, the continuous pressure from US/EU sanctions is…
Tuesday, 29 September 2015 15:38

Shell Malaysia to lay off 1300

Shell Malaysia announced it will lay off 1300 out of 6500 positions in its upstream division over the next two years. Gumusut-Kakap. Image from Shell.…
Tuesday, 29 September 2015 13:31

Rex to rescue Lime

Rex International (RII) entered into a subscription agreement with Lime Petroleum Norway (LPN) for about US$11.72 million (NOK 100 million) as capital injection for Lime’s…
Tuesday, 29 September 2015 11:24

Sea Lion-1 drilling delayed

Hibiscus Petroleum is experiencing further delays at Sea Lion prospect offshore Australia due to weather delays, according to partner 3D Oil Ltd.'s (TDO). The drilling…
Ezra Holdings Ltd., announced its Subsea Services division EMAS AMC has successfully completed the first two of three Noble Energy-operated subsea tieback projects in the…
Monday, 28 September 2015 14:59

UTEC completes Cook Inlet installation

UTEC provided a positioning solution for the installation of a monopod liquid natural gas platform and 30km 10in LNG pipeline for a major operation located…
Monday, 28 September 2015 11:23

BG Group to explore offshore Newfoundland

BG Group has acquired three non-operated positions offshore Newfoundland from Repsol. This provides the company with access to early stage exploration in a proven prospective…
Monday, 28 September 2015 10:53

Eni in Guendalina gas find

Eni encountered gas at the Guendalina sidetrack well offshore Italy, according to partner Rockhopper Exploration. The well, located at the Guendalina gas field in the…
Monday, 28 September 2015 10:20

Freeport-McMoRan updates GoM activities

Freeport-McMoRan announced positive drilling results from the Freeport-McMoRan Oil & Gas (FM O&G) 100%-owned Horn Mountain Deep well in the Deepwater Gulf of Mexico (GoM).…
Monday, 28 September 2015 09:48

SBM receives Petrobras tender invite

SBM Offshore's main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders…
Monday, 28 September 2015 09:35

VARD bags Topaz subsea vessel contracts

Dubai-based Topaz Energy and Marine awarded Singapore-listed shipbuilder Vard Holidings (VARD) two new contracts, which exceed US$100 million, for the construction of two offshore subsea…
According to Douglas Westwood's new "World Subsea Vessel Operations Market Forecast 2016-2020" report, the recent volatility of hydrocarbon prices, coupled with excessive newbuilding programs will…
It is 20 years since the start of oil production from the Troll field. The 20 year-old can look back on enormous wealth, with 1.56…
Thursday, 24 September 2015 11:13

Primeline spuds East China Sea well

Primeline Energy Holdings spudded the LS23-1-1 exploration well on 23 September to tap into resources near its LS36-1 gas field production facility, in the East…
Thursday, 24 September 2015 10:50

IOG progresses on Skipper

Independent Oil & Gas (IOG) has made significant progress towards drilling the Skipper well in the Northern North Sea, located in Block 9/21a, in license…
Wood Group has been awarded a contract with Marine Well Containment Co. (MWCC) to provide an operator training simulator; supporting training for containment in the…
Thursday, 24 September 2015 08:22

MeyGen gets subsea cables

Tidal energy firm Atlantis Resources announced the laying of four subsea cables for its MeyGen project in Scotland's Pentland Firth have been completed. Loading in…
Thursday, 24 September 2015 04:10

Statoil eyes new era of Gullfaks production

Statoil is targeting 20 MMbbl of additional resources in the Gullfaks area by tapping reservoirs above the main Gullfaks field. Gullfaks was brought on stream…
Thursday, 24 September 2015 03:52

FAR ups Senegal stakes

Africa-focused explorer FAR has agreed a farm-in option deal with Trace Atlantic Oil on the shallow water Djiffere block offshore Senegal, containing at least one…
Thursday, 24 September 2015 03:45

Santos starts GLNG production

The Santos-led GLNG project has started producing its first liquefied natural gas (LNG) on Curtis Island, Queensland, on schedule and within budget, the company said.…
Wednesday, 23 September 2015 14:45

ROC spuds second Bohai Bay well

ROC Oil commenced drilling operations the second of two planned exploration wells in the Bohai Bay basin, offshore China, according to joint venture partner AWE. Map…
Wednesday, 23 September 2015 11:47

DOI offers wind development lease sale

As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Sally Jewell, US…
Wednesday, 23 September 2015 10:17

Statoil to drill new Heimdal well

Statoil received consent from the PSA to drill a new production well from the Heimdal facility. The well is to be drilled using a modular…
Wednesday, 23 September 2015 03:26

BandaSeis sheds light on Indonesia offshore

French seismic firm CGG has completed full processing of all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East…
Wednesday, 23 September 2015 03:21

VNG spuds Blink prospect

VNG Norge has started drilling on the Blink prospect in the Norwegian Sea offshore Norway. The well, 6406/12-5 S, is in license PL586, which also…
Wednesday, 23 September 2015 03:11

US Gulf of Mexico rig count down 46%

In response to the decline in crude oil prices since mid-2014, the number of active offshore rigs has declined worldwide, dropping close to 20%, says…
Wednesday, 23 September 2015 03:07

Shell awards FMC Appomattox contract

FMC Technologies has received an award from Shell for its Appomattox deepwater development in the US Gulf of Mexico. FMC Technologies will provide enhanced vertical…
Tuesday, 22 September 2015 13:56

Halliburton to pay US$18.3 million in overtime

Oil and gas services giant Halliburton will shell out nearly US$18.3 million to more than 1000 employees after an investigation by the US Department of…
Tuesday, 22 September 2015 12:00

EIA: Mexico among largest producers

Mexico is one of the largest producers of petroleum and other liquids in the world, the fourth-largest producer in the Americas after the United States, Canada,…
Tuesday, 22 September 2015 03:48

Argos completes Falklands farmout

Falklands focused Argos Resources has completed a farmout agreement with Noble Energy Falklands and Edison International over license PL001 in the North Falklands Basin. The…
Page 1 of 3