Wild Well Control purchased subsea capping equipment from Shell EP Wells Equipment Services BV. Wild Well’s WellCONTAINED capping stack located in Singapore. Image from Wild Well. The…
The Go Electra, from M2 Subsea. M² Subsea secured its first contract award that will see the firm supply the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system…
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…
Statoil Petroleum has awarded to Oceaneering International business unit Asset Integrity a three-year operational inspection frame agreement extension. Under the agreement, the Oceaneering unit will develop and implement inspection and…
UK-based, Calgary-listed Sterling Resources has completed a deal to sell its UK business to Amsterdam-based Oranje‐Nassau Energie for US$113.8, including settling a debt, and now plans to wind up the business. Sterling Resources'…
Italian offshore contractor Saipem has offered a glimpse of its remote operated vehicle (ROV)/ autonomous underwater vehicle (AUV) hybrid HyDrone. The technology, developed by Saipem's Sonsub business, has been developed to be part of…
Semco Maritime to participate in the preparation (hook-up) of Maersk Oil UK’s Culzean high-pressure, high-temperature gas field in the UK sector of the North Sea. The production units for Culzean, which is 240km east of Aberdeen, are due to arrive from Singapore in the summer of 2018…
The Oil and Gas Climate Initiative (OGCI) has appointed Dr. Pratima Rangarajan as the chief executive officer of its newly-formed investment company, OGCI Climate Investments (OGCI CI). Before joining OGCI CI, Rangarajan was the general…
Accurate 3-D visualization in the OGAVC will aid subsurface oil and gas extraction and carbon storage opportunities. Image from Heriot-Watt University. A major funding package from…
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…
Atlantic Petroleum has completed the sale of its 25% interest of UK license P.1606 Orlando to Decipher Energy. The Orlando project is a planned subsea tieback to the Ninian platform, operated by CNR International. Atlantic will get…
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…
Premier Oil says it will begin a short subsea tie-in campaign next month at the Varadero prospect, as its Catcher project remains on track to deliver first oil later this year. Image from Premier Oil Premier…
A new center of excellence for testing emerging technologies in the subsea sector is to be established with support from Scottish Enterprise. Balmoral Offshore Engineering, based in Aberdeen, is creating a new open access hyperbaric pressure testing facility for the oil and gas supply chain…
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)…