ABTechnology Ltd. and partner Enegi have signed an option agreement with energy services firm Wood Group PSN to increase its participation in the ABT Oil and Gas project. ABT Oil and Gas is a joint project by Enegi and ABTechnology to…
Trinity Exploration & Production spud the El Dorado exploration prospect today. The well is located off the west coast of Trinidad in the PGB license in 60 ft of water, about 2km from Trinity-operated production infrastructure. Trinity…
Offshore renewable energy was on the agenda when the International Marine Contractors Association (IMCA) held its first meeting of its long-established Europe & Africa Section in Germany. The meeting on Thursday, November 28, in Hamburg…
On 4 December, New Zealand awarded five permits for offshore oil and gas exploration in Block Offer 2013, across the Reinga-Northland, Taranaki, and Great South-Canterbury basins. Australia's Woodside Energy Holdings and New Zealand Oil…
Aibel is to carry out modifications to the Kristin semisubmersible platform, in the Norwegian Sea, as part of a project to connect it to the new Polarled pipeline. The contract, worth about NOK200 million, was awarded as a part of the…
Norway's Statoil has said a fifth natural gas discovery in Block 2 offshore Tanzania has opened up a new play in the region. The Mronge-1 discovery, drilled in 2500m water depth by the Discoverer Americas drillship, 20km north of the Zafarani discovery…
Marine seismic surveying in the Arctic presents many challenges. Conducting streamer surveys in the presence of high ice concentrations eliminates the ability to safely tow a conventional GPS tail buoy. When conducting 2D surveys under these conditions…
Saudi Aramco opened a research center in Cambridge (Boston), Massachusetts yesterday, the first of three new US research facilities the global energy giant will set up by the end of next year. The new center is adjacent to the Massachusetts…
Seabird Exploration has two shallow-water 3D seismic vessels working in Southeast Asia: Voyager Explorer (4x6000m streamers) and Aquila Explorer (4x8000m streamers), although the Aquila Explorer is currently equipped for 2D acquisition…
Stephen M. Johnson will retire as McDermott International Inc.’s chairman of the board, president and chief executive officer— and as a director of McDermott this month. David Dickson will succeed Johnson as president and CEO. Dickson has…
Ensco plc Chairman, President and CEO Daniel W. Rabun will retire after nearly eight years of service. Rabun will continue to serve in his current role as Chairman, President and CEO until the Board of Directors has completed the succession process and a new CEO has been appointed.
Hans-Joachim Polk took over as managing director for Hamburg-based RWE Dea AG’s UK subsidiary in August. Polk, a 22-year veteran of the German exploration company, began his career in 1991 as a production operations engineer. He eventually…
Ocean Rig and Energean Oil & Gas will create a joint venture called OceanEnergean to participate in new bid rounds for hydrocarbon exploration and exploitation in Greece and abroad in more than 1000m deep water. Each company will hold 50% of the share capital…
E&P majors BP and Statoil presented their views on future exploration prospects in the Arctic. Meg Chesshyre reports. Representatives from BP and Statoil discussed both the challenges associated with and future plans for developing Arctic…
Plans for arctic exploration and development continue apace—but will there be resources available? Elaine Maslin reports. The size of the arctic offshore challenge is significant, both in scale and complexity, with relatively little activity carried out to date…