Brazil’s Petroleo Brasileiro (Petrobras) has sent its second cancelation notice this year to Athens-based DryShips, to terminate a vessel contract 16 months ahead of schedule that will set the company back nearly US$3 million. Image from Petrobras…
Mubadala Petroleum is set to commence drilling operations at the Sri Trang-1 exploration well in mid-May, offshore Thailand. The well is approximately 18km north-northeast of the Manora oil development, in the Gulf of Thailand and within the G1/48 concession…
DNV GL has now launched the first globally applicable guidance for leak detection systems for offshore fields. The challenge for oil and gas operators is to have a leak detection system that is reliable and capable of detecting leaks…
The Cross Group has successfully completed subsea live well intervention operations on three TFL (through-flowline) template wells in the US Gulf of Mexico using its 3-1/16in 10,000 psi subsea convertible live well intervention package in 1800ft of water…
Norway’s Petroleum Safety Authority (PSA) has revealed in its investigation of a fatality aboard the COSL Innovator, that the rig was not built to endure weather conditions that occurred on the night of 30 December, however, COSL Drilling Europe conducted its own heavy-hitter investigation…
Archer has been awarded a five-year contract by ConocoPhillips for the provision of mechanical wireline services for the Norwegian Continental Shelf. The contract was awarded following a competitive tender process for ConocoPhillips’ well intervention services in Norway…
Wood Group has acquired Ingenious Inc., a supplier of proprietary software and consulting services to the global chemical, oil and gas, and energy industries. The acquisition provides a manufacturing operations management systems capability…
Noble Energy will plug and abandon its Silvergate prospect after failing to encounter commercial hydrocarbons in the Gulf of Mexico, and will move to drill an appraisal well at its Katmai discovery. Noble will move to drill at Katmai…
In May 2016, PGS will commence acquisition of a 4400sq km 3D GeoStreamer survey over the Aasta Hansteen area of the Norwegian Sea, scheduled to be completed in August 2016. Fast track data will be available four months after the final shot…
Tullow Oil is pushing back the start up of production at its Jubilee field offshore Ghana by an additional two weeks, after finding more damage to the Kwame Nkrumah floating production and storage offloading (FPSO) unit. Image of the Kwame Nkrumah…
Island Offshore's mobile offshore unit Island Constructor has been awarded a contract by BP Exploration Operating Co. for the provision of light well intervention services on the UK continental shelf in July this year. According to the terms of the agreement…
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued two calls for bids in the Eastern Newfoundland and Jeanne d’Arc Regions under the Scheduled Land Tenure Regime in the Canada-Newfoundland and Labrador Offshore Area…
Supermajor Chevron has cut 655 upstream jobs from its Houston workforce, adding to the list of oil and gas companies that have been hit by the low oil prices. John Watson, from Chevron. “In light of the current market environment…
The Petroleum Safety Authority Norway has given Statoil consent to use the Stena Don mobile drilling facility for drilling and completion of wells 35/11-B-22 and B-13 in the Fram field in the North Sea. Fram is an oil field in the northern North Sea around 20km north of Troll…
The Petroleum Safety Authority Norway has given Wintershall consent to use the mobile drilling facilities Island Frontier and Island Wellserver for intervention work on the wells in the Vega field. Vega lies due north of the Fram field…