Cox Oil Offshore has acquired a number of assets in the Gulf of Mexico from Chevron. The acquisition includes 19 fields and associated assets primarily on the Gulf of Mexico Outer Continental Shelf and in Louisiana state waters. “Today’s…
Noble Corp.’s fleet report has revealed a two-year extension with supermajor Shell, dayrate adjustments, and the addition of another semisubmersible drilling rig to the cold stack list. The Noble Globetrotter I…
Singapore-based Ezra Holdings is set to divest its largest floating production and storage offloading (FPSO) unit, the Lewek EMAS, in efforts to step away from the ownership of FPSO assets and streamline resources, the company revealed in its 1H 2016 report…
Some 65 MMboe will be left untapped offshore Norway due to the early shut down of fields and the failure of the Vette project to meet economic margins, according to a report by the International Energy Agency (IEA). The IEA's April Oil…
Aker Solutions is to provide maintenance and other services on Petrobras-operated subsea oil and gas fields offshore Brazil. The contract is for three years and worth NOK 1 billion and may be extended by another three years. The contract covers maintenance…
Classification society Bureau Veritas has issued Approval in Principle for the WindFloat Floating Offshore Wind Turbine (FOWT) foundation. WindFloat is designed by Principle Power and consists of a ballasted floating platform which supports a multi-megawatt wind turbine generator…
Nearly six years after the Deepwater Horizon disaster, the US Department of the Interior (DOI) and the Bureau of Safety and Environmental Enforcement (BSEE) has revealed final well control regulations designed to reduce future risks of a devastating offshore oil or gas blowout…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wells 30/11-12 S and 30/11-12 A in production license 035 (PL 035), part of block 30/11 in the Norwegian North Sea. Well 30/11-12 S is wildcat well that…
Bibby Offshore’s Norway division, Bibby Offshore, secured its first contract in the Norwegian region with ConocoPhillips Skandinavia. Managed from Bibby Offshore’s Stavanger office, the workscope involves project management, installation engineering…
DeepOcean and Tullow have entered a three-year contract for vessel operations, offshore Ghana. DeepOcean’s Ghana arm will provide a light construction vessel (LCV) to Tulllow Ghana in the agreement, which comes with options for two further years…
Bristow Helicopters gave the passengers on its last scheduled flight to and from CNR International's Murchison platform in the North Sea a special fly-past viewing to mark the occasion. These pictures, by Bristow pilot Captain Jonathan Binnie…
The Trans Adriatic Pipeline joint venture has awarded Saipem an engineering, procurement, construction and installation (EPCI) contract for the offshore section of the Trans Adriatic Pipeline project. Image of the Castoro 10…
The Norwegian Petroleum Directorate’s (NPD) updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come. Image of the Johan Sverdrup…
OFS Partners, a new strategy consultancy and expert network, has been formally launched this week. The London-based firm, which has made the move as many in the industry are facing 30-40% falls in year-on-year performance, says the industry is in turmoil and operators…
GE Oil & Gas and SapuraKencana Well Services have agreed an Asia-Pacific deal to deliver light well intervention services, which they say will unlock previously uneconomic subsea intervention activity. The strategic alliance will enable oil and gas operators to bring wells into production…