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OE Press: 2014 / May

The magnitude of the Libra area was the main highlight of Wednesday, May 7 at Brattec Offshore 2014, an event organized by the Brazil-Texas Chamber…
LNG America announces the selection of the American Bureau of Shipping (ABS) as the classification society for North America’s first LNG bunker barges, currently being…
Friday, 30 May 2014 10:56

Libya's NOC plans regional seismic

The National Oil Corp. (NOC), the national oil company of Libya, has signed an agreement with ION Geophysical Corp. and North Africa Geophysical Exploration Co.…
TAM International, an independent oilfield services company providing inflatable and swellable packers, received LEED (Leadership in Energy and Environmental Design) Silver certification for the new…
Friday, 30 May 2014 09:56

Greenpeace continues Barents protest

An appeal by Greenpeace against Statoil’s plans to drill in the Barents Sea has been rejected, but the group is defending its right to occupy…
Friday, 30 May 2014 05:33

Seabed streamers for North Sea

Work will continue this summer and autumn on installing a permanement seismic monitoring system on the Snorre field in the Norwegian sector of the North…
Friday, 30 May 2014 02:25

Romanian well fails to deliver

Petroceltic International's Muridava-1 exploration well on the Muridava (EX-27) license in the Romanian Black Sea has been plugged and abandoned after failling to find commercial…
Rolls-Royce has secured a £35 million (US$58.5 million) contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore.  The…
Thursday, 29 May 2014 03:39

Eni announces restructure

Eni has announced a restructure of its business into an “integrated operational structure”, under new business units.  The new units will be: exploration; development, operations…
Thursday, 29 May 2014 03:35

EnQuest extends Petrofac contract

Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to 10 years. The contract,…
Thursday, 29 May 2014 02:43

Crimean firm takes NorYards stake

Norwegian offshore services and shipbuilding firm Bergen Group and Calexco have finalized a deal which sees Bergen Group sell its majority interest in NorYards to…
Wednesday, 28 May 2014 11:46

IMO: draft Polar Code approved

The International Maritime Organization's (IMO) Maritime Safety Committee (MSC) has approved, in principle, the draft Polar Code and related amendments to make the Code mandatory…
Wednesday, 28 May 2014 11:12

EIA examines US-Mexico crude oil trade

The US Energy Information Administration’s new “Today in Energy” brief looks at how Mexico’s crude oil exports to the United States have declined, while US…
Marine terminal service company Smit Lamnalco believes it has an important contribution to make as new safety regulations for floating gas terminal facilities are drawn…
Wednesday, 28 May 2014 05:14

GDF announces Cepheus gas find

GDF Suez E&P UK has struck has on the UK southern North Sea (SNS) Cepheus 44/12a-6 exploration well. A gas column was found within the Permian…
Wednesday, 28 May 2014 02:48

BP inks Aker frame agreement

Aker Solutions has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The two-year contract…
Wednesday, 28 May 2014 02:39

Green light for Flyndre and Cawdor

Maersk Oil UK has been given approval from the UK and Norwegian authorities to develop the Flyndre and Cawdor fields.  The fields lie about 293…
Tuesday, 27 May 2014 16:21

Chevron-maritime training in Ireland

In the largest maritime training contract ever to be awarded in Ireland, Chevron Shipping Co. signed a four-year training contract with the National Maritime College…
Tuesday, 27 May 2014 16:03

Assodivers orders second SMD Atom ROV

Greece-based Assodivers ordered an additional SMD Atom 100hp, 3000m-rated, work-class remotely operated vehicle (ROV) complete with launch and recovery system (LARs) from SMD. The new…
Tuesday, 27 May 2014 05:38

Tullow's Gotama well disappoints

Exploration well 31/2-21S targeting the Gotama prospect, offshore Norway, did not encounter reservoir quality sandstones in the Upper Jurassic main target, says operator Tullow Oil.…
Monday, 26 May 2014 09:43

UK well services bright spot

UK offshore oil and gas industry optimism continues to decline amid rising operating costs and a decline in exploration activity.  But, despite the declining optimism,…
Monday, 26 May 2014 09:27

Well costs hurt down under

The urgent need to address the global cost competitiveness of Australia’s oil and gas industry has been highlighted by a new analysis that shows fewer…
Friday, 23 May 2014 17:27

Island Offshore orders Vard OSV

Norway's Vard Holdings Ltd. has secured a new contract with Island Offshore to build an offshore support vessel based on a Rolls-Royce design. The contract…
Friday, 23 May 2014 16:17

Statoil's Barents Apollo approved

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7324/2-1. It will be the first well to be drilled in…
Friday, 23 May 2014 02:45

Maersk Intrepid heading for Westcon

Norway's Westcon is to start its 20th year as a rig modification yard by welcoming the world’s largest jack-up rig Maersk Intrepid (pictured). The newbuild…
Friday, 23 May 2014 02:40

$117bn subsea hardware spend 2014-18

Douglas-Westwood (DW) forecasts global subsea hardware capex will total US$117 billion (bn) between 2014 and 2018. This represents growth of more than 80% compared with…
In its 2014 Atlantic hurricane season outlook issued today, National Oceanic and Atmostpheric Association’s (NOAA) Climate Prediction Center is forecasting a near-normal or below-normal season.…
Norway's Aqualis ASA has won several new construction supervision, transportation & installation and marine warranty contracts in Asia. The total contract value is approximately US$11…
Following almost two decades of negotiation, Russia and China have agreed a deal to supply 38 billion cubic meters (bcm) per annum of gas from…
Thursday, 22 May 2014 09:13

ENI appraises Mozambique field

Eni says it has successfully executed the appraisal campaign for the Agulha discovery, located in Area 4 offshore Mozambique. Area 4 is now thought to…
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