Energy News

Sea Lion-1 drilling delayed

Sep 29, 2015

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 of the Sea Lion-1 exploration well has been further delayed due to continuing…

GMS newbuild gets first contract

Sep 29, 2015

Gulf Marine Services' GMS Scirocco newbuild has been completed ahead of schedule and under budget and has been awarded its first contract.  The vessel will commence a four-month contract (three months firm with a one-month option) in October for an engineering…

ATCE15: Baker Hughes introduces DeclineShift for mature assets

Sep 28, 2015

Baker Hughes announced the commercial release of its DeclineShift mature asset solution. “As wells and fields age, operating costs tend to rise as production declines. Operators have generally tried to meet this challenge by lowering cost per barrel…

Newpark Drilling Fluids gets new VP

Sep 28, 2015

Newpark Drilling Fluids announced the appointment of Tim Armand as vice president of US Offshore Operations. Armand began his career in the energy industry with Tetra nearly 30 years ago. He has since gained invaluable experience…

IMCA appoints new technical advisor

Sep 28, 2015

Image: John Bradshaw/IMCA John Bradshaw has joined the technical team at the International Marine Contractors Association (IMCA) as a technical adviser. Eight technical advisers work with the Association’s technical director…

Subsea Systems Institute gets new director

Sep 28, 2015

Image: Bill Maddock/Subsea Systems Institute Bill Maddock has been named director of the Subsea Systems Institute, a national research center established in Houston to develop the transformative technologies…

DOF Subsea awarded subsea, IMR contracts

Sep 28, 2015

Image from DOF Subsea. DOF Subsea has been awarded several major contracts with a total value in excess US$351 million (NOK 3 billion), including options, securing both short-term and long-term utilization of assets and personnel…

ACTE15: 3M debuts latest glass bubbles additive

Sep 28, 2015

New 3M Glass Bubbles HGS4K28 developed to improve oil and gas well productivity in depleted zones and weaker formations 3M Advanced Materials Division debuted its newest 3M Glass Bubbles product currently under development at the Society…

Siemens introduces lightweight gas turbine product

Sep 28, 2015

Siemens presents new lightweight aero-derivative gas turbine for the oil and gas industry. The Industrial RB211-GT30 is designed for the needs of the oil and gas industry and its offshore applications in particular. The machine is based…

Statoil celebrates Troll field’s 20th operational year

Sep 25, 2015

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 billion bbl produced so far and US$53.76 billion (NOK 460 billion) in income.   Image from Statoil…

DOI offers wind development lease sale

Sep 23, 2015

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 secretary of the Interior and Abigail Ross Hopper, Bureau of Ocean Energy Management (BOEM) director…

Vallourec begins Stampede gig

Sep 23, 2015

Vallourec delivered 14,000-tonne of premium tubes in the scope of a contract with Hess Corp. for the Stampede project in the US Gulf of Mexico. Stampede is a deepwater subsea development which is located in the Green Canyon Block area…

Statoil to drill new Heimdal well

Sep 23, 2015

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 drilling rig (MDR). An MDR is a modular mobile rig installed in the facility's drilling area. One has been used for permanent plugging of wells at Heimdal…

Primeline mobilizes to East China Sea

Sep 18, 2015

Primeline Energy Holdings announced that its drilling contractor China Oilfield Service (COSL) started the mobilization of the rig for the drilling operation of LS23-1-1 well, in the East China Sea. Following the signing of the drilling…

Trelleborg’s installation kickstarts stalled China Seas project

Sep 16, 2015

Trelleborg’s engineered products operation fast-tracked the manufacture, testing and delivery of its floatover mating technology for a major oilfield project in the South China Sea, in just four months. This allowed the stalled project to quickly and safely commence installation…

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