New specialist well abandonment company Well-Safe Solutions has appointed two more directors to lead the business. Well-Safe Solutions was set up to capitalize on the significant decommissioning opportunity in the North Sea by providing a new approach to subsea well abandonment…
EnQuest’s Kraken heavy oil development in the UK North Sea is taking longer to ramp up than expected with topsides equipment commissioning taking longer than expected. However, full cycle gross project capex on the field is now estimated to be about US$2…
Tendering for a floating production unit and subsea systems for the SNE project offshore Senegal is set to start later this year, Cairn Energy says. The project, which has seen 2C resources increase from 473 MMbbl to 563 MMbbl, with 1 Tcf of gas resource…
Montrose Port Authority in Scotland has heralded a new era of capabilities, supporting its first project within the offshore renewable sector. In association with NorSea Group (UK), a subsidiary of Norway's NorSea Group, the port is participating…
BHP Billiton has made an oil discovery in multiple horizons at the Wildling-2 appraisal well in the ultra deepwaters of the Gulf of Mexico. Deepater Invictus. Image from Transocean. According to the company…
Halliburton is entering into a strategic alliance with Microsoft to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science…
Weatherford International has appointed Karl Blanchard as its new executive vice president and chief operating officer. Blanchard. Image from Weatherford. Blanchard will oversee all region and product line operations…
Noble Energy has hired Ensco’s ENSCO DS-7 ultra deepwater drillship for its giant Leviathan field, offshore Israel. Image from Ensco. The agreement for the ENSCO DS-7 includes the drilling two wells…
Teledyne Cormon, a member of Teledyne Marine that provides corrosion and erosion monitoring equipment for the oil and gas market, has recently introduced an upgrade to its signature CEION and DCU product lines. CEION2…
Ensco and Atwood Oceanics have filed definitive proxy materials with the US Securities and Exchange Commission (SEC) for the proposed merger announced in late-May. Atwood Oceanics headquarters…
Aker BP has received permits from the Norwegian Petroleum Directorate to drill an exploration wildcat and an appraisal well in Production License 442 to test the Nordfjellet/Delta prospects. The company will use jackup Maersk Inceptor…
Cortland has won a “significant” new order from the Woods Hole Oceanographic Institution (WHOI) to supply a single 12,000m length of 9/16in Plasma HiCo synthetic rope. Plasma HiCo synthetic rope…
The North Sea's first floating production, storage and offloading vessel (FPSO), the Petrojarl I, has been delivered to owner Teekay after a two and a half year project to make it ready for its next deployment. The Petrojarl 1, a Tentech 685 design vessel…
French oil major Total has agreed to buy Maersk Oil from its parent company A.P. Møller – Mærsk in a US$7.45 billion share and debt deal which could help it make $400 million in 'synergies' a year. Total will gain about 1 billion boe of 2P/2C reserves…
The US Bureau of Ocean Energy Management (BOEM) has published the draft Environmental Impact Statement (EIS) for Alaska’s manmade island, the Liberty Project, in the Beaufort Sea. Map of Liberty…