Latest News - page 1825


Tullow adds acreage off Peru

Jan 10, 2018

Tullow Oil has picked up six licenses offshore Peru, spanning 28,000sq km, the UK-based firm confirmed today (10 January). Map of Peru blocks. Image from Tullow. Following negotiations with Perupetro…

Bechtel, TechnipFMC win ADNOC sour gas contracts

Jan 10, 2018

Bechtel and TechnipFMC have been awarded front end engineering and design (FEED) contracts for Abu Dhabi National Oil Company's (ADNOC) offshore ultra-sour gas project in the United Arab Emirates (UAE). The project comprises the Hail…

Northern Offshore sells jackups

Jan 10, 2018

Houston-based Northern Offshore has sold two jackup drilling rigs, which are to be turned into platform support units.  The Energy Endeavour, constructed in 1982, and the Energy Enhancer (1982), were sold to Dixstone Holdings, an affiliate of Perenco Group…

Lundin's Barents Sea Hurri well dry

Jan 10, 2018

Lundin Petroleum's Hurri exploration well in the Norwegian southern Barents Sea was dry. The well, 7219/12-3S, drilled using the Leiv Eiriksson semisubmersible drilling rig, in PL533, in the southern Barents Sea, was dry, says operator Lundin…

Rise of the robot in offshore operations

Jan 10, 2018

2017 became the year that the oil and gas industry embraced robotics. Elaine Maslin reports on initiatives in the North Sea (first published in the January 2018 OE, access the full issue here). While the industry has long been using autonomous underwater systems and remotely operated tooling…

The future of project contracting

Jan 10, 2018

Lower for longer oil prices are leading operators to reconsider the structure of project contracts. Many are leaning toward supplier-led solutions to cut costs and boost reliability. Karen Boman reports (First published in the January 2018 OE…

Collaborative contracting

Jan 10, 2018

Audrey Leon looks at how BP’s new approach to working with its suppliers have led to quicker project start-up (First published in OE January 2018, view the full issue here). The Juniper platform offshore Trinidad and Tobago…

Florida cut from future offshore drilling

Jan 10, 2018

Just days after announcing the US would make 90% of the country's Outer Continental Self (OCS) open to future oil and gas lease sales, US Secretary of the Interior Ryan Zinke said he would take Florida off the table after the state's governor…

C-Innovation forms turnkey subsea projects group

Jan 09, 2018

Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) has formed a turnkey subsea projects group. The move will allow C-I to provide subsea services with the backing and support of the diverse family of companies with the ECO group. C…

Oceaneering wins Johan Castberg supply

Jan 09, 2018

Oceaneering International has secured a contract from Norwegian giant Statoil to supply umbilicals for the Johan Castberg Project in the Barents Sea. Field illustration. From Statoil. The contract is for dynamic and static control umbilicals…

ArcLight acquires 26.5% in Shell's Perdido

Jan 09, 2018

A Boston-based private equity firm ArcLight Capital Partners has acquired a 26.5% non-operated stake in Shell's Perdido Regional Host from BP. The Perdido Regional Host spar platform is the only deepwater production facility serving the Gulf of Mexico’s Perdido Foldbelt Trend…

Kreuz Subsea nets Indian job

Jan 09, 2018

Subsea contractor Kreuz Subsea has been contracted by Larsen & Toubro (L&T) to mobilize five vessels to deliver subsea completion works on India's Oil & Natural Gas Corp.'s (ONGC) pipeline replacement project (PRP4) and Daman field development…

Magma inks m-pipe project with Tullow on TEN

Jan 09, 2018

Tullow Oil has awarded a contract to UK-based carbon composite pipe manufacturer Magma Global for 2.5km of flowline for the deepwater TEN project offshore Ghana.  TEN, which comprises the Tweneboa, Enyenra, Ntomme (TEN) fields, came onstream in August 2016 via MODEC’s Prof…

Aker Solutions lined up for MFDevCo duty holder role

Jan 09, 2018

Norway-headquartered Aker Solutions has agreed to provide duty holder services for UK firm Marginal Field Development Company (MFDevCo). MFDevCo is targeting marginal field development projects globally, using normally unmanned installations or self installating fixed towers…

Downhole data, fiber optics helping to drive production gains

Jan 09, 2018

Elaine Maslin reports on how the oil and gas industry is getting more data from downhole thanks to fiber optics (First published in the December 2017 OE, access the full issue here). The big data revolution is being felt in the oil and…

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