Badger Explorer (BXPL) has received a letter of intent (LOI) from Statoil confirming its support BXPL's development program in 2016. The objective of the development program is to further develop, design and qualify technologies and solutions…
Atlantic Offshore has sold most of its operations and subsidiaries to newly established company Aegopodium in a US$2.1 million (NOK 16.9 million) deal, after its own restructuring solution was rejected by stakeholders. The Ocean Sprite…
Statoil has awarded Proserv a multimillion-dollar contract to provide production control equipment for its Gullfaks project in the North Sea. Upon the terms of the agreement, Proserv will supply five wellhead hydraulic power units for the field…
Australia’s Woodside Energy and Korea Gas Corp. (Kogas) entered into a memorandum of understanding (MOU) to renew a partnership that has been in place since 2011. The MOU, signed by Woodside CEO Peter Coleman and Kogas president and CEO Lee Seung-Hoon…
Eni has expanded the adoption of Halliburton Landmark’s DecisionSpace Geosciences across its exploration business units worldwide. Eni decided to expand the utilization of Landmark’s solution in order to improve efficiency through integration and cross-disciplinary collaboration…
Archer has been awarded a five-year contract by ConocoPhillips for the provision of mechanical wireline services for the Norwegian Continental Shelf. The contract was awarded following a competitive tender process for ConocoPhillips’ well intervention services in Norway…
Wood Group has acquired Ingenious Inc., a supplier of proprietary software and consulting services to the global chemical, oil and gas, and energy industries. The acquisition provides a manufacturing operations management systems capability…
The Petroleum Safety Authority Norway has given Statoil consent to use the Stena Don mobile drilling facility for drilling and completion of wells 35/11-B-22 and B-13 in the Fram field in the North Sea. Fram is an oil field in the northern North Sea around 20km north of Troll…
The Petroleum Safety Authority Norway has given Wintershall consent to use the mobile drilling facilities Island Frontier and Island Wellserver for intervention work on the wells in the Vega field. Vega lies due north of the Fram field…
The TRIYARDS Holdings built Lewek Constellation ice-class DP3 multi-lay vessel, was named Support Vessel of the Year at the 2016 Offshore Support Journal (OSJ) Awards. Only offshore support vessels (OSVs) deemed to have raised the bar…
Houlder delivered the first of two offshore pile upending tools for the Rampion Offshore Wind Farm development, off the UK’s Sussex coast. Image of Houlder's offshore pile upending tools, from Houlder…
Russia’s Lukoil has been granted approval from the Russian Federation Government for hydrocarbon exploration and production in two Baltic Sea fields. Lukoil will explore the D29 and D41 oil fields, which were both discovered in 2015, using the Arktichesksaya jackup drilling rig…
Saudi Aramco has extended a contract with Hercules Offshore for the Hercules 266 jackup, for work offshore Saudi Arabia. The contract extension will last until 30 June at a dayrate of US$63,650. The original contract was set to end this month…
Wärtsilä has been awarded the contract to provide the design for a new jackup lift vessel. The contract was signed in March with a well-known Chinese yard and includes an option for three additional vessels. The Wärtsilä design was developed in collaboration with Altis…
Keppel Offshore & Marine (Keppel O&M), through its subsidiary, Keppel FELS Brasil BrasFELS shipyard has been awarded a US$137 million floating production storage and offloading (FPSO) module fabrication and integration project by Modec Offshore Production Systems (Singapore)…