Drilling has started at the Domino-2 appraisal well in the deepwater sector of the Neptun Block offshore Romania in the Black Sea, says OMV Petrom. OMV Petrom is a partner on the block with ExxonMobil Exploration and Production Romania…
With Pieter Schelte, the figures alone are impressive: 382m-long, 124m-wide, and with a slot width of 59m, it can remove topsides up to 48,000 tonnes in a single lift, potentially revolutionizing large decommissioning projects. The new…
Singapore's Maritime and Port Authority (MPA) has said three people have died after a semisubmersible barge underdoing trials sank 2 nautical miles northeast of Sekupang, Batam, Indonesia, on Friday (18 July). The barge was the POSH MOGAMI…
Sonasing's FPSO, the N'Goma, is ready to sail away from the Angolan Paenal Yard, Port Amboim, after a naming ceremony, held Saturday (19 July). The N'Goma will be moved to ENI's West Hub project in Angola offshore Block 15/06, where it…
Norway-based AGR Holdings (AGR) is to be taken over by private equity firm Silverfleet Capital in a deal worth NOK 1,640 million (€195 million). The deal is expected to be completed on or around end of August 2014. AGR Holdings is the petroleum services division of Oslo-listed AGR Group…
Lundin Norway's first appraisal well in the Barents Sea Gohta oil discovery offshore Norway has confirmed the presence of oil and gas, says a partner on the well Noreco. Two production tests were also undertaken, the firm said today (21 July)…
Tullow Oil Norge's Lupus well, in production licence (PL) 507, in the Norwegian North Sea, is to be plugged and abandoned after failing to find hydrocarbons. The well (31/10-1), which was 35km southeast of the Oseberg Sør Field and 110km west of the island of Sotra…
Guyana's government information agency (GINA) reported that Minister of Natural Resources and the Environment Robert Persaud said that offshore exploration in areas being contested by neighbouring Venezuela is facing “some setbacks”. Responding…
DNV GL announced a road map to what is necessary to be in compliance with US Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in US waters, the regulatory agency announced on 17 July 2014. The document called “Verification…
Cameron has introduced its new Mark IV system, featuring a redundant, three point-of-distribution (POD) design as an option for its subsea BOPs. Conventional subsea BOP control systems use a two-POD design, providing a single spare if the primary control POD becomes unavailable…
London-based independent Tullow Oil agreed to acquire up to 40% interest in the Cooper block, block 2012A, in the Walvis basin offshore Namibia, Eco (Atlantic) Oil & Gas announced on 17 July 2014. The terms of the farm-in includes Eco…
Tecnitas, the marine advisory arm of international classification and verification group Bureau Veritas, has launched a major new technology simulation system for pipeline damage assessment, in collaboration with Total. Empreinte allows…
Trinidad and Tobago’s Trinity Exploration signed an agreement with Centrica to acquire the British company’s 80% interests in two offshore blocks. Valued at approximately US$23 million, blocks 1a and 1b are located offshore the west coast of Trinidad…
Singapore's PACC Offshore Services Holdings Pte. Ltd. (POSH), Asia’s largest operator of offshore supply vessels, announced yesterday that Mexican conglomerate Grupo Pegaso has signed an agreement for vessels with POSH joint ventures in Mexico…
Det norske announced its 2Q 2014 financial results on 17 July. Among other financial highlights and activity, the company discussed its agreement to acquire Marathon Oil Norge for US$2.1 billion. Announced 2 June 2014, the transaction is expected to close 4Q 2014…