Westwood Global Energy Group (WGEG) predicts to see stagnation in terms of dollar demand through to early next decade before signs of a recovery emerge. This is due primarily to the marked oversupply of equipment. Most critically, the newbuild offshore rig market (comprising jackups…
Cairn Energy’s latest SNE well offshore Senegal, SNE-6, has proved to be successful, with the confirmation of good connectivity with the SNE-5 well. Map of Senegal, from Cairn. Cairn…
Petróleo Brasileiro (Petrobras) started production from the Lula Sul field offshore Brazil with the P-66 floating production and storage offloading (FPSO) unit. Image from Petrobras Twitter. Lula…
Norway’s Petroleum Safety Authority (PSA) has approved Faroe Petroleum to drill two exploration wells at the Brasse prospect in the North Sea, starting next month. Brasse (well 31/7-1) is some 97km west of Øygarden in Hordaland county in production license 740…
Gulf Marine Services is close to putting its new cantilever system on its GMS Evolution self propelled jackup barge into system. The cantilever system will enable the firm to compete for well workover and intervention work that was previously…
LQT Industries has been awarded multiple Gulf of Mexico projects including aluminum accommodation rental packages, construction, and refurbishment projects. LQT is providing aluminum accommodation packages for major oil and gas operators on two separate offshore platforms…
Repsol Norge has come up dry at the Stordal wildcat in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map of Stordal in PL 705, from the NPD. Upon completing drilling operations at Stordal (well 6705/7-1)…
Fugro started the Mareano hydrographic survey encompassing an area of Norwegian waters of approximately 15,000sq km. The MV Fugro Helmert, from Fugro. The contract was awarded…
SeaBird Exploration signed a letter of intent for an upcoming 2D seismic survey in South America. The project is estimated to start in the first half of Q3, and will have a duration of approximately two and a half months. SeaBird will be using the Northern Explorer for the project.
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to use Songa Encourage semisubmersible vessel for drilling and completing a production well on the Troll field. Image of the Songa Encourage…
Russia's Gazprom began construction of the TurkStream pipeline’s offshore section. The Allseas Group, contractor for both strings of the gas pipeline's offshore section, started laying the pipes using the Audacia vessel. Construction…
ABS, a provider of classification and technical services to the marine and offshore industries, signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. (DSME) to support safety and apply class guidance to a conceptual floating liquefied natural gas (FLNG) unit…
ABS, a provider of classification and technical services to the offshore industry, is working with industry to improve efficiencies in offshore development. “ABS is working on multiple fronts to help the offshore industry find efficiencies and streamline operations…
Offshore enhanced oil recovery pilots in the North Sea are paving the way towards helping to get more heavy oil out of the ground. Elaine Maslin reports. Biopolymer containers on Heidrun’s deck…
Greg Myers, of GE Oil & Gas, explains how the digital transformation of offshore assets enables a competitive advantage by reducing excessive inspection and maintenance costs and increasing uptime with real-time operational data. Fig…
