Azerbaijan Caspian Shipping Company (ASCO), the largest and oldest shipping company on the Caspian sea, informed that works on laying pipes in the Absheron gas condensate field in the Azerbaijani sector of the Caspian Sea are under way.“Aura”…
Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final 're-bid' for two offshore oilfields, three sources with knowledge of the matter said.Petrobras, as the Brazilian state-run oil company in known…
The very first production vessel destined for operations offshore Guyana has departed Singapore en route to the ExxonMobil-operated Stabroek block off the northeastern coast of South America.The Liza Destiny floating, production, storage and…
Production has been shut down at the Hibernia oil platform off the coast of Atlantic Canada as crews work to clean up an oil spill from the ocean.A sheen was first spotted on the water near the platform on Wednesday and production was halted to deal with the spill…
Halliburton leveraged technology from the mining industry to reveal subsurface structures in a way that improves geosteering, geomapping and geostopping in complex reservoirs.The service company has introduced EarthStar 3D Inversion, a 3D reservoir mapping process that…
Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the company looks to shore up its position as a leader in drilling technology.The world's largest oilfield…
Five companies submitted proposals to explore for oil and gas on 12 blocks among 19 offered in Israel's second offshore licensing round. This was the second Israeli offshore licensing round.A government press release quoted Minister of Energy…
UK engineering company JGC Engineering and Technical Serviceshas, on behalf of Siemens, completed the construction of high voltage equipment containers for the Moray East offshore substation platforms.'The Moray East offshore windfarm project…
UK based contractor Tolent started work to construct a new multi-million offshore construction and operations base for Triton Knoll has officially started at Grimsby’s Royal Dock.Having been awarded the contract last month, Tolent has now begun work to construct control room…
Italian multinational corporation Prysmian Group said that it will provide ''Made in France'' cable technologies for the first large-scale French offshore wind farm.The energy and telecom cable systems company in its press release did not name the project…
The overall dollar amount for offshore project sanctions so far in 2019 has already broken the $50 billion mark and is on pace to surpass 2014's total commitments of $78 billion in the near future, according to analysts Rystad Energy.Driven…
Dutch maritime contracting company Van Oord has installed the last jacket foundation for offshore wind farm East Anglia ONE (EA1) and delivered it to client ScottishPower Renewables.Van Oord was in charge of the transportation and installation…
McDermott International said it has relocated its Subsea Center of Excellence from Epsom in Surrey to Bedfont Lakes office park near Feltham in London, to strengthen its subsea offering there following BP’s award of the Greater Tortue Ahmeyim natural gas roject…
Well control and engineering services fir Wild Well Control announced a new contract with Fugro for the provision of blowout preventer (BOP) intervention skids and test units for inclusion in its Subsea Response Kit. As part of the WellCONTAINED subsea capping stack program…
Despite Africa not being a top contender in the global decommissioning market, the region holds huge potential for growth as more offshore old and gas fields mature while some of the newly drilled ones turn dry.The region’s top oil and gas producers such as Angola…