Nigeria-focused listed oil and gas development and production company Sirius Petroleum has put off for the third time the planned spud of a second gas well in the Ororo oil field located in the prolific Niger Delta to an indefinite date after a contracted jack-up rig became unavailable…
The outlook for offshore oilfield service contractors is strong as more than 100 new projects are aiming for 2019 sanctions, according to Rystad Energy, a Norway-based energy research and consulting firm.An expected $210 billion will be spent on offshore oilfield services globally next year…
A 78-percent refund on exploration aside, drilling is now so “cheap” in Norway, that the drill bit has become the preferred method for newcomer oil companies to get astride some production — quickly.That’s the verdict of Aker BP’s new head of exploration…
Maersk Drilling A/S announced Wednesday that it has signed a Master Alliance Agreement (MAA) with Seapulse Ltd. under which Maersk Drilling will provide fully integrated services, including provision of drilling rigs, related drilling services…
The new floating production unit currently being constructed for the Mad Dog 2 project in the deepwater Gulf of Mexico will be named Argos, U.K. oil major BP announced.BP said the name was chosen by the project team and an employee survey and…
Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC) has entered into a drilling contract with Premier Oil for the provision of the Hakuryu-11 jack-up drilling rig.JDC announced in a press release that that its subsidiary company 'P…
United Kingdom Ambassador to Greece Ms. Katherine Smith visited Energean offshore drilling facilities at Prinos.The Delegation of the British Embassy toured by boat the Prinos Oil Field Platforms and “Energean Force”, the Energean owned drilling rig…
China’s first multi-purpose offshore vessel “Offshore Oil 286” has won the top 20 national excellent ocean engineering projects selected by China Consultant Association of Ocean Engineering.The deepwater engineering ship invested and constructed by Offshore Oil Engineering Co…
As the Brazilian oil and gas market emerges from a four year crisis, with expanded oil block tenders including the high quality/high yield pre-salt plays desired by most major IOCs, new subsea solutions are required to increase operational efficiency while decreasing costs…
U.S. energy firms added oil rigs for a fourth time in the last five, keeping the rig count at its highest in over three years even though crude futures were on track to fall for a fifth week in a row to their lowest level since February.Drillers added 12 oil rigs in the week to Nov…
China's government has appointed a senior oil industry executive as the country's top energy official, state-run media China Energy News reported on Wednesday.Zhang Jianhua, president of China's largest oil and gas group CNPC, has been named director of the National Energy Administration…
TE Connectivity (TE) introduced its Raychem Cat 5e cable that offers high-performance Ethernet connectivity at speeds up to 1-Gb/s in harsh military, marine and aerospace environments.The Cat 5e cable makes use of high temperature fluoropolymers…
The provider of engineering and marine services for the offshore energy, Aqualis Offshore celebrated mobile offshore unit rig move number 2,000, just over five years after the company was launched.Aqualis Offshore marked attendance on its 2…
U.S. energy companies added oil rigs for a third week in a row even though crude prices have declined about 8 percent over the past three weeks.Drillers added one oil rig in the week to June 8, bringing the total count to 862, the highest level since March 2015…
The U.S. oil drilling rig count rose for the fourth week in a row and ended the month sharply higher as producers plan to boost output as they reap profits from crude trading near three-year highs.Drillers added five oil rigs in the week to April 27…
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