One of the largest platforms in the North Sea has ceased production today, as its operator prepares to decommission the field. The 254m-high, from seabed to flare-tip, Murchison platform is in Block 211/19, in the East Shetland basin…
Denmark’s Maersk Drilling has posted a 52% jump in profits for 2013, at US$528 million, but warned that there will be challenges in 2014 as it sees a drop in deepwater demand and a major overhaul of its fleet. Claus V. Hemmingsen…
Offshore marine company Otto Marine will hold a naming ceremony for the Norshore Atlantic at its Batam Shipyard, Indonesia, today. The Norshore Atlantic is one the first of its kind to be constructed by an Asian yard, says Otto. It…
Oil and gas engineering firm Plexus Holdings has agreed a three-year contact with drilling and engineering company AGR Well Management Limited (AGR). Plexus will supply both its standard pressure and high-temperature/ high-pressure…
Houston-based Cobalt International Energy, Inc. confirmed the existence of light oil and condensate at its Orca (formerly Baleia) deepwater pre-salt exploratory well offshore Angola. The Orca No.1 well, located in block 20 at a water depth of 1880m…
Petroleum Geo-Services (PGS), with local partner Laguna and in cooperation with Petroci, is currently acquiring 2300sq km of multiclient 3D GeoStreamer data over blocks CI-506 and CI-507, offshore Côte d’Ivoire. The new MultiClient 3D GeoStreamer…
DNV GL has opened a new Asia Pacific headquarters in Singapore. The new headquarters was officially opened today by S Iswaran, Minister for the Prime Minister’s office, second minister for home affairs and second minister for trade & industry Singapore…
After six years at TAQA, Carl Sheldon has decided to step down as CEO and member of the board of directors, effective at the annual general meeting in April. Sheldon will remain as chairman of Jorf Lasfar Energy Company (JLEC), TAQA's newly-listed Moroccan power business…
A North Sea oil worker has died after falling from Taqa Bratani's Harding platform in the early hours of this morning. The worker was involved in maintenance activity on the platform. He was recovered from the sea by a support vessel…
A striking comment was made by the head of CNR International at a breakfast briefing in Aberdeen this week. James Edens, VP and Managing Director at CNR International (UK), said UK North Sea production in 2013 was 1.43MM boe/d—the lowest it had been since 1977…
Sembcorp Marine subsidiary Jurong Shipyard has signed two contracts, worth US$540 million each, to build two drillships for a subsidiary of Transocean Ltd (Transocean). The contracts include options for three additional units for the same company…
Falklands explorer Rockhopper Exploration has appointed Stewart MacDonald Chief Financial Officer, with effect from 10 March 2014. Prior to joining the Company, Stewart, who is 33, was a director in Rothschild's global oil and gas group…
Sembcorp Marine's subsidiary PPL Shipyard has signed a turnkey jackup rig contract worth US$214.3 million with Marco Polo Drilling Pte. Ltd., an indirect wholly-owned subsidiary of Marco Polo Marine Ltd., as well as the grant of an option…
Singapore-based KrisEnergy Ltd. has added an operatorship offshore Indonesia, and also announced it will not acquire the G3/48 exploration licence in the Gulf of Thailand. KrisEnergy announced in January that it had been seeking a 60%…
Endeavour International Corp announced that the valve in the Rochelle field that had been stuck in the 'shut' position is now open, and production is expected to re-start in the next few days. Following the tie-in of the East Rochelle E2 well…