Eni has announced a restructure of its business into an “integrated operational structure”, under new business units. The new units will be: exploration; development, operations and technology; upstream; downstream and industrial. These replace the E&P…
Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to 10 years. The contract, worth an estimated US$630 million, supersedes an initial five-year contract awarded to Petrofac in 2013…
Greenpeace activists who boarded the semisubmersible drilling rig Transocean Spitsbergen (pictured) 300km offshore Norway are now in the hands of Norwegian police, says Statoil. But, Greenpeace's ship, the Esperanza, has moved to the location where Statoil plans to drill…
Norwegian offshore services and shipbuilding firm Bergen Group and Calexco have finalized a deal which sees Bergen Group sell its majority interest in NorYards to Calexco. NorYards is now 70% owned by Calexco, and 30 % by Bergen Group…
Oil & Gas UK has published three new guidance documents on the management of ageing and life extension (ALE) of oil and gas installations on the UK Continental Shelf (UKCS). The technical guidance documents focus on three specific topic areas…
Rowan Companies plc said the Rowan Renaissance drillship has been pulled from service off West Africa after experiencing equipment problems, the company announced in its monthly fleet status report released on 27 May 2014. Rowan said…
Spectrum has commenced a 10,000 km multi-client 2D seismic survey offshore Brazil in the Sergipe and Alagoas basins along the Eastern Margin of Brazil. The new acquisition program will tie key wells in the basins, including the recent Barra…
The International Maritime Organization's (IMO) Maritime Safety Committee (MSC) has approved, in principle, the draft Polar Code and related amendments to make the Code mandatory under SOLAS, with a view to formal adoption at its next session…
The US Energy Information Administration’s new “Today in Energy” brief looks at how Mexico’s crude oil exports to the United States have declined, while US exports of petroleum products to Mexico have increased. The US imported 850,000 bbl/d of crude oil from Mexico in 2013…
Specialist downhole tool provider Peak Well Systems has relocated its European regional headquarters to a newly constructed, office and workshop facility in Aberdeen which will meet the needs of its expanding North Sea business. Peak’s investment…
GDF Suez E&P UK has struck has on the UK southern North Sea (SNS) Cepheus 44/12a-6 exploration well. A gas column was found within the Permian Lower Leman sandstone, the primary reservoir target. The well was spudded on 9 March 2014 and drilled to 12…
VNG Norge is to start a second sidetrack well to further assess potential at the Norwegian Sea Pil discovery after successful results were announced from an initial side-track appraisal well earlier this week. The second side-track well…
Saipem has been awarded a new engineering and construction contract in the Caucasus region and some new drilling contracts in the Middle East, for a total value of about US$750 million. In the E&C onshore sector, Saipem has been awarded by the Shah Deniz consortium…
Fairmount Marine's tug Fairmount Expedition has towed jackup rig Naga 3 from the PV Marine Shipyard in Vung Tau, Vietnam, to the RD-19X Block 15-2 oilfield offshore Vietnam. Last month the tug towed the rig from Singapore to the shipyard…
Aker Solutions has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The two-year contract is valued at a maximum NOK1.8 billion, with options to extend the work by up to four years…