Trelleborg Sealing Solutions used SPE Offshore Europe Conference & Exhibition in Aberdeen as a platform to launch its latest Isolastperfluoroelastomer (FFKM) material development. Specifically engineered for the offshore industry, Isolast J9554…
Wood Group’s proposed US$2.72 billion deal to takeover Amec Foster Wheeler is closer to completion following approval from the Mexican antitrust commission today (15 September). Watson. Image from Wood Group…
It's time to put your company in the limelight: the 2018 Offshore Achievement Awards (OAA) has been launched and it looking for entries. The annual event was launched during SPE Offshore Europe 2017 in Aberdeen. The annual awards, organized…
Searcher Seismic has announced entry into Argentina with four new multi-client projects. Commencing in phases, the first phase comprises of an Offshore Basin Analysis Report providing a regional framework to understand the offshore basins of Argentina…
Norwegian seismic equipment supplier inApril has completed a full-scale sea trial of its node-based seabed seismic acquisition system Venator from 17-23 August. InApril says Venator is the first seabed-based exploration tool to provide…
TechnipFMC has been awarded an engineering, procurement, construction and installation contract from Hurricane Energy for the Lancaster early production system (EPS), west of Shetland. Hurricane took final investment devision on the project yesterday…
Ophir Energy is holding out hope that the Fortuna FLNG project offshore Equatorial Guinea will reach final investment decision (FID) by the end of the year, however, the company still has a few hurdles to pass. Fortuna FLNG…
ABS has completed the design review of the front end engineering and design (FEED) documentation for the University of Maine (UMaine) developed floating offshore wind turbine (FOWT) concept, the VolturnUS. VolturnUS…
Africa Energy signed a multimillion deal with Pancontinental to take 33.33% stake in subsidiary Pancontinental Namibia (PNPL). Pancontinental will retain 66.67% of the issued capital of PNPL, which holds a 30% interest in the highly prospective license PEL 37…
In 1994, when BP and SOCAR signed a deal for the development of the Azeri, Chirag and Gunashli oil fields in the deepwaters of the Caspian Sea, it was dubbed the 'Contract of the Century.' Now, the 'Contract of the New Century' has been signed…
Hurricane Energy has made a final investment decision on its Lancaster early production system (EPS) development and expects regulatory approval shortly. The Lancaster EPS is a two-well tieback to a floating production, storage and loading facility that is expected to produce 17…
Qinterra Group’s North Sea well intervention specialist Altus Intervention and its international technology arm, Qinterra Technologies have combined. With headquarters in Stavanger, Norway, the combined group will be known as Altus Intervention…
GulfSlope Energy and Texas South Energy have jointly executed an exclusive letter of intent (LOI) with a large international oil and gas company to drill and develop a minimum of three wildcats in the Gulf of Mexico. The deal comes with…
Seadrill has filed for bankruptcy protection, as investors fork up US$1.06 billion of new capital for the company. Anton Dibowitz. Image from Seadrill. The company signed deals with more than 97% of its secured bank lenders…
The Isle of Man has launched an offshore licensing round for acreage that has not been reviewed in more than 20 years. Isle of Man. Image from iStock. Earlier this week, the…