Oil major BP has bought a 16% stake in the high-pressure, high-temperature (HPHT) Culzean development project in the North Sea, doubling its stake to 32%. BP has acquired the stake from JX Nippon. Maersk Oil North Sea operates the US$4…
Brazil’s interim president Michel Temer has appointed Fernando Bezerra Filho as the country’s new mines and energy minister amid a political battle that suspended Brazilian president Dilma Rousseff from office yesterday (12 May). Image of Filho…
KrisEnergy nearly tripled its revenue in Q1 2016 and more than doubled its production when compared to Q1 2015, due to two new fields that started production in the Gulf of Thailand. Image from KrisEnergy…
Norway’s Petroleum Safety Authority (PSA) has granted Wintershall Norge consent for exploration drilling at the Orion prospect in the North Sea with the Borgland Dolphin semisubmersible. The 35/11-19S well is located in production license 248…
The source of a leak that spilled 2100 bbl (88,200 gallons) of crude oil into the US Gulf of Mexico around Shell's Glider field has been identified, the US Bureau of Safety and Environmental Enforcement announced on 13 May. On-site investigators…
Vaalco Energy's chief financial officer Don McCormack has resigned effective 2 June, after spending less than one year with the company. McCormack’s departure was not related to any issues regarding financial disclosures, accounting or legal matters…
Hoover Container Solutions Norway appointed Tor Olav Schibevaag as managing director for Europe and Kjetil Skaaren as general manager for Norway. Schibevaag will report to Hoover’s president, Paul Lewis, and joins Hoover with more than 12 years’ experience from Euro Offshore…
Hibernia Management and Development Co. (HMDC) reported an incident involving a flame originating from under the insulation of a high pressure cleaning unit on the Hibernia Platform. Earlier this week n 9 May at approximately 7:30 a.m…
Orkney-based Scotrenewables Tidal Power has launched its 2MW SR2000, the world’s largest energy generating tidal turbine. The company launched the 550-tonne machine at Harland & Wolff Heavy Industries in Belfast on 12 May. This is the first commercial scale machine the company has built…
Following the double-digit fatality involving a CHC-operated Norwegian Super Puma helicopter at the end of April, UK and Norwegian Civil Aviation Authorities have implemented restrictions on two helicopter types that will prevent operators from using it for commercial flights…
Ezra subsidiaries EMAS Offshore and EMAS Energy have secured new contract awards and letters of intent amounting to approximately US$40 million, including options, since the start of Q3 FY2016. EMAS Energy’s new contract award will see…
A jacket built for the for the Dudgeon Offshore Wind Farm offshore substation by Sembmarine SLP in Lowestoft, England, sailed away from the yard yesterday (11 May). The 1500-tonne structure that has dominated Lowestoft’s port skyline…
A new report produced for the Energy Technologies Institute (ETI) says there are no technical hurdles to permanently and safely storing large quantities of CO2 deep underground off the coast of the UK. There is also the potential for…
Wintershall Norge has awarded a four-year service contract to support its exploration and development projects in Norway to Halliburton. The contract is effective immediately and will be used for drilling-associated services on Wintershall’s Maria development in the Norwegian Sea…
Cooper Energy has agreed the terms of its exit from the Nabeul Permit, offshore Tunisia, with the country's government. The Nabeul joint venture has agreed to pay compensation of US$3.2 million to fulfill its remaining permit obligations that previously included drilling a well…