An Aberdeen-based predictive technology firm Operational Excellence (OPEX) Group has signed a five-year master service agreement (MSA) with US Gulf of Mexico operator Cantium. It's the first international agreement for the firm, which…
Aberdeen's Oil & Gas Technology Centre (OGTC) is to invest US$1.76 million (£1.3 million) in four projects aimed at developing new plugging and abandonment (P&A) technologies. BiSN, Strathclyde University, Heriot-Watt University and Baker…
Larson & Toubro subsidiary L&T Hydrocarbon Engineering (LTHE) has won an engineering, procurement, construction, installation and commissioning (EPCIC) contract with India's Oil & National Gas Corp. (ONGC) for work in the country's western offshore basin…
A new report by analyst firm Rystad shows that Norway is leading the comeback after a sanctioning drought in the offshore industry in 2015 and 2016. Johan Castberg. Illustration from Statoil. Recent…
The US Bureau of Safety and Environmental Enforcement (BSEE) has issued a safety alert regarding gas release hazards, following a compliance and incident data review that turned up 31 incidents by 14 operators in the Gulf of Mexico. Photo from BSEE…
The sixth time seems to be the charm for Exxon and its partners at the Stabroek block offshore Guyana. The supermajor is celebrating another large find in South American waters, the company announced today (5 January). Stena Carron drillship…
Finalists for industry body Subsea UK's 2018 business awards have been unveiled. Some of the country’s most innovative and successful subsea businesses have made it on to the shortlist for the annual awards which seek to recognise companies…
Elaine Maslin profiles subsea organization National Subsea Research Initiative (NSRI) and its current work as it prepares for a change in leadership (first published in the January 2018 OE, access full issue here). Since its launch in 2014…
A law suit brought by environmental campaigners against the Norwegian Government over its decision to award production licenses in the Barents Sea as part of the 23rd licensing round has been witheld. The 23rd round, which saw licenses awarded in May 2016…
US Secretary of the Interior Ryan Zinke unveiled a draft proposed program (DPP) for offshore oil and gas leasing for 2019-2024 will make available over 90% of US Outer Continental Shelf (OCS) acreage, and more than 98% of undiscovered, technically…
A recent report by the US Government Accountability Office (GAO) criticized two agencies – the National Marine Fisheries Service (NMFS) and US Fish and Wildlife Service (FWS) – for slow and disfunctional processes leading to delays in permitting for offshore seismic surveys…
A new report from analyst firm Wood Mackenzie, 'Deepwater GoM: 5 Things to Look for in 2018,' says costs have bottomed out and operators have set a new standard for operational efficiency, pointing toward positivity for the US deepwater Gulf of Mexico in 2018…
Statoil has awarded DeepOcean a contract to provide project management, engineering, procurement of anchors for risers and umbilicals, and offshore installation activities on the Snorre Expansion Project in the North Sea. The offshore…
An investigation into a fatal incident on the Maersk Interceptor jackup rig last month has identified “serious shortcomings” in systems and processes for materials handling. Following its investigation, Norway’s Petroleum Safety Authority…
Maria Moraeus Hanssen today (4 January) stepped into the role of CEO and board chairman of German exploration and production firm DEA. Before joining DEA, Hanssen had been working as CEO of ENGIE E&P International and Head of E&P Business…