SBM Offshore revealed that it has inked a deal for its Fast4Ward standardization program, signing a contract in June for the first newbuild hull with China Shipbuilding Trading Co. (CSTC) and the Shanghai Waigaoqiao Shipbuilding (SWS) shipyard…
Repsol Norge has awarded Archer Ltd. a four-year contract for plugging and abandonment (P&A) operations at the company’s Gyda platform in the Southern North Sea. Gyda. Image from Repsol. The scope of work includes P&A of the wells…
Shell has been given two safety warnings from the UK’s Health and Safety Executive (HSE) on its Lomond facility in the Central North Sea. Map of Lomond and surrounding Shell assets. Map from Chrysaor…
HydraWell has won a frame agreement from an undisclosed supermajor to provide technology and services for all of the operator’s plug & abandonment (P&A) and well repair operations on the UK continental shelf. HydraWell will use its HydraHemera second generation high pressure perf…
An Aberdeen firm’s alternative approach to well integrity has helped make US$30 million in cost savings for a major oil firm in the Middle East. One of the most common well integrity failures experienced in one of the major’s fields…
New North Sea well abandonment firm Well-Safe Solutions has made its first acquisition - Intervention Project Management (IPM) for an undisclosed sum. IPM’s founder and managing director, Phil Milton, has been appointed CEO of Well-Safe Solutions…
Husky Energy has awarded the partnership consisting of SNC-Lavalin, Dragados Canada, and Pennecon a construction contract for the company’s West White Rose Project offshore Newfoundland and Labrador. Image of the SeaRose…
Transocean seems to be shaping up with a busy quarter of reactivating rigs and extending contracts, as the offshore drilling contractor sets its sights on nearly 60 floater programs that could begin within the next 18 months. The Transocean Nautilus…
Australia’s marine energy companies have united in an industry task force to advance the commercialization of marine renewable technologies. Tidal and wave energy developers Atlantis Resources, Bombora Wave Power, BioPower Systems, MAKO Tidal Turbines…
Caspian Sea focused Dragon Oil has awarded a US$100 million contract to offshore support vessel (OSV) firm Topaz Energy and Marine for use of six vessels. Dragon Oil is the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC)…
NXG Drilling Services has invested more than US$2.61 million (£2 million) in two new operations to cope with increased demand for its tools and equipment solutions. The business, launched at the start of 2017, has moved from its Aberdeen city centre offices to 30…
First gas has been exported from Cygnus Bravo, a satellite to Engie E&P UK's Cygnus field development in the UK southern North Sea. Cygnus Bravo is a wellhead platform 7km from Cygnus Alpha, to which first gas was exported on 1 August…
Kosmos Energy is set to spud the Hippocampe well offshore Mauritania at the end of August, however, the Dallas-based company sees Suriname as its top opportunity. Map of Mauritania, from Kosmos…
DNV GL has developed a solution for remote surveillance service for subsea equipment manufacturing, while keeping innovation and cost savings in mind. Remote surveillance test setup at DNV GL offices…
DONG Energy has agreed to sell 50% of Borkum Riffgrund 2, a 450 MW German offshore wind farm project, to Global Infrastructure Partners (GIP) in a deal worth nearly US$1.4 billion. Borkum Riffgrund 2 jacket sailaway…