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Tuesday, 26 May 2015 07:56

Bentec secures Caspian contract

Drilling rig equipment manufacturer Bentec has been awarded three multi-million dollar contracts, including the firm’s first complete rig for the…
Published in OE Press: 2015 / May
Thursday, 21 May 2015 11:04

WorleyParsons's US$55 million to XOM

Australia-based WorleyParsons will pay US$55 million to an ExxonMobil (XOM) subsidiary after reaching a settlement on a dispute over a…
Published in OE Daily: 2015 / May
Monday, 18 May 2015 03:48

Lundin eyes Caspian Sea black gold

Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The…
Published in OE Press: 2015 / May
At this week’s Offshore Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining…
Published in OE Press: 2015 / May
Friday, 01 May 2015 00:00

From Russia with tough love

Hardfacing has been given a tungsten carbide boost thanks to chemical vapor deposition technology developed in Russia. Elaine Maslin explains.…
Published in OE: 2015 / May
Friday, 01 May 2015 00:00

Offshore heavy oil economics

Jeannie Stell looks at offshore heavy oil development economics with an eye on the current low-price environment. ExxonMobil expects its…
Published in OE: 2015 / May
Monday, 20 April 2015 14:42

UK may revoke Dea UK/LetterOne licenses

The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control…
Published in OE Daily: 2015 / April
Monday, 20 April 2015 11:24

NADL, Rosneft delay deal termination

Norway-based North Atlantic Drilling (NADL) and Russia's Rosneft recently agreed to extend the termination date of the 2014 framework agreement…
Published in OE Daily: 2015 / April
In April, Gazprom reached a milestone for its Prirazlomnoye oil field as the Kirill Lavrov tanker delivered a new batch…
Published in OE Daily: 2015 / April
Tuesday, 31 March 2015 11:52

Northern delays jackup deliveries

Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling…
Published in OE Daily: 2015 / March
Despite the recent memorandum of understanding (MOU) between Rosneft and Golar LNG, the former’s current gas strategy is narrowly focused…
Published in OE Press: 2015 / March
Wednesday, 25 March 2015 14:18

Rosneft axes NADL jackup

Russian oil exploration giant Rosneft sent a cancellation notice to North Atlantic Drilling Company Ltd. (NADL) to terminate its contract…
Published in OE Daily: 2015 / March
Monday, 16 March 2015 14:11

Rosneft drops West Navigator contract

Rosneft sent North Atlantic Drilling Ltd. (NADL) a notice of termination for the West Navigator, in connection with a framework…
Thursday, 26 February 2015 08:36

JSC NIIK migrates to AVEVA Everything3D

Russian engineering company Research and Design Institute of Urea and Organic Synthesis Products (JSC NIIK) migrated to AVEVA Everything3D (AVEVA…
Monday, 23 February 2015 02:34

Hope for Arctic oil yet?

According to the United States Geological Survey, the area above the Arctic Circle holds approximately 90 billion barrels of undiscovered,…