Fred Olsen Energy has formally declared that construction contract for a newbuild semisubmersible rig which was originally destined for development drilling at the Chevron-operated Rosebank oil development in the UK West Shetlands region has been cancelled…
Drilling on the Spanish Point area offshore Ireland is now scheduled for 2017, according to partner Providence Resources, which is now looking to farm-out some of its 58% interest in the license. Spanish Point, in Frontier License 2/04 and 4/08…
Lundin Petroleum's Malaysian subsidiary, Lundin Malaysia, has made a small gas discovery with the Mengkuang-1 exploration well in license PM307, offshore Malaysia. Lundin announced the well had been spud in early October, and the operation…
Image: Sandvik Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has announced the opening of its South American…
Image: OPITO OPITO has introduced a mobile app designed to give North Sea offshore workforce access to their training and certification records anywhere at any time. In its first year…
Bestobell Marine, a manufacturer of cryogenic valves, has secured an order for its cryogenic globe and check valves for the second LNG carrier in the Yamal series of vessels being built at DSME shipyard in South Korea. After successfully…
QGEP Participações has announced that Queiroz Galvão Exploração e Produção has signed a Crude Oil Sales Agreement (COSA) with Shell Western Supply and Trading for the early production system (EPS) of the Atlanta Field. This contract refers to QGEP's 30% share in the production from the field…
Europa Oil & Gas CEO Hugh Mackay says now is a perfect chance to drill on the firm’s offshore Irish prospects thanks to rig rates being at their lowest in a decade. The CEO, whose firm is targeting 1.5 billion boe, unrisked, in three…
Foxtrot International has started production from a second platform on Block CI-27 offshore Côte d'Ivoire, according to Foxtrot part owner, Oslo listed RAK Petroleum. The Marlin-B1ST well, the first well in an initial five-well drilling…
Dong Energy has awarded a contract for the provision of cable installation and trenching work for its Race Bank offshore wind farm to DeepOcean. Offshore work will be carried out in 2016/2017 from DeepOcean’s in-house fleet of dedicated cable installation and trenching vessels…
UK-based energy services company Proserv has secured a £1.6 million plus contract to provide topside control equipment at one of the largest field discoveries on the Norwegian Continental Shelf. The agreement will see Proserv supplying Aibel…
Transocean and the state of Alabama have agreed to a US$2 million settlement stemming from 2010’s Deepwater Horizon disaster. The Deepwater Horizon. Image from EPA. Governor Robert Bentley announced the settlement this week…
The US Energy Information Administration (EIA) reported today (23 October) that the United Arab Emirates (UAE) intends to increase its production 30% by 2020 using EOR techniques. For the UAE, EOR technologies will be the best way to…
The Norwegian Petroleum Directorate wants unmanned wellhead platforms to be considered more often as an alternative to subsea tie-back in connection with development decisions. Image: The unmanned…
The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam. Map of Block 09-3/12 (the greyed area)…