Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency (IEA), which warned that both trends could continue this year…
French vessel operator Bourbon has been awarded a contract for the mooring installation of, FLOATGEN, the first floating wind turbine in France at the experimental test site of SEM-REV managed by Ecole Centrale de Nantes (ECN). FLOATGEN…
Keppel Shipyard says it is on track to deliver the Catcher floating production storage and offloading (FPSO) vessel to BW Catcher following a naming ceremony of the vessel today (28 April). BW Catcher - the 11th FPSO Keppel has delivered…
The world’s largest vessel has arrived at the Brent Delta facility in the UK North Sea ready to perform the heaviest offshore lift to date. The close to a million-tonne displacement Pioneering Spirit mega-vessel is set to remove a 24…
Europa Oil & Gas has identified four significant prospects at its frontier exploration license 2/13 (FEL 2/13) offshore Ireland that has upped its prospective resources in the area to some 1.12 billion boe, and 3.7 Tcf of gas. Map of FEL 2/13…
Norway’s Petroleum Safety Authority (PSA) reported today (27 April) that it has found serious deficiencies at the Total-operated Martin Linge project, which is 42km west of Oseberg, Norway. The project is due onstream in 2018. Map of Martin Linge…
Heerema Marine Contractors (HMC) has won its first two contract awards for its new crane vessel, Sleipnir. The first contract is from Noble Energy Mediterranean for transportation and installation services associated with the Leviathan production platform in the Mediterranean Sea…
Aker BP has agreed an up to eight year, US$30 million framework contract with Schlumberger for acquisition of 4D seismic data offshore Norway. The framework contract is for four years, with two, two-year options. It includes WesternGeco…
Four wave energy technology developers are to be awarded a total of US$3.66 million (£2.84 million) by Wave Energy Scotland (WES) after successfully competing to join stage two of an innovative technology development program. The funding will support further design…
Maersk Oil’s Danish business unit, located in Esbjerg, is in the second and last phase of a planned organizational restructuring, which will complete the implementation of a more effective and efficient operating model across its business activities…
Statoil has awarded Prosafe a contract for the provision of the Safe Zephyrus semisubmersible accommodation vessel for Phase 1 of the Johan Sverdrup hookup and commissioning project in the Norwegian sector of the North Sea. The contract…
eDrilling, a provider of drilling and well performance solutions, and Mims Well, an integrated solution and service provider, have partnered to support the upstream oil and gas companies in Norway and the US. The partner initiative is designed…
While well intervention spending has been hit harder than average industry cuts, the opportunities are still there to be had, not least from mature North Sea assets, delegates at Offshore Network’s Offshore Well Intervention Europe Conference heard this morning…
The world’s heaviest offshore lift is primed to take place in the North Sea, on what was one of the largest UK fields, using the world’s largest vessel. UPDATE: the lift happened on Friday, 27 April. Watch a video of the lift here. Watch…
The world’s largest vessel has set sail today (25 April) to the UK North Sea Brent field, where it will perform the heaviest offshore lift to date. Having already broken the record with the 13,400-tonne Yme lift, offshore Norway, the…