The second phase of a joint industry project aiming to reduce subsea processing costs has been kicked off. Phase 2 of the Subsea Processing JIP includes system suppliers Aker Solutions, GE Oil & Gas, OneSubsea and TechnipFMC, as well as operators Shell…
UK-based engineering firm Aquaterra Energy has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea. The multi-million pound deal will see Aquaterra…
Engineering and services firm Claxton Engineering has been awarded a contract to riglessly casing cut and recover a total of seven wells in the southern North Sea across two normally unmanned, platforms, along with an additional subsea suspended well at one of the locations…
The UK's Oil and Gas Authority (OGA) has announced a suite of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS) ahead of the 30th Offshore Licensing Round. The 30th Offshore Licensing…
Aker BP has drilled a dry hole close to the Volund field in the Norwegian North Sea, according to the Norwegian Petroleum Directorate (NPD). Well 24/9-11 S was drilled using the Transocean Arctic semisubmersible drilling rig in 122m water depth…
Russia's Rosneft says it has made a new oil discovery in the Laptev Sea, in the Russian Arctic. Rosneft says the Tsentralno-Olginskaya-1 well is the first in the Laptev Sea, and the northernmost exploratory well on the Eastern Arctic shelf…
ExxonMobil and partner Hess have made a final investment decision to proceed with a US$4.4 billion first phase of development of the giant Liza field, in the Stabroek block, offshore Guyana. The firm says it has also had positive results on its latest well on the field…
Tullow Oil has contracted US-driller Noble Corp. for an exploration well on its 'game changer' Araku prospect offshore Suriname, South America. Tullow has contracted the Noble Bob Douglas drillship from early October to early November…
Ramboll has been appointed by Huadong Engineering Corp. to design foundations for the SPIC Binhai South H3 offshore wind farm in the Yellow Sea north of Shanghai. The project involves geotechnical investigations, numerical modelling of waves…
The Australian government will complete a study into offshore gas basins in Southern Australia, as part of a US$90 million investment in domestic gas security and supply. Minister for Resources and Northern Australia Senator Matt Canavan said the study of the Gippsland…
German wind turbine manufacturer Senvion has been appointed by Beleolico as the supplier for Taranto wind farm. Taranto will be the first offshore plant in the Mediterranean Sea, according to Senvion, with a total rated power of 30 MW from 10 Senvion turbines…
VNG Norge estimates its development plan for the Fenja field to cost US$1.3 billion (NOK$11.5 billion), the company said in a 15 June impact assessment of the project. Source: VNG Norge Formerly known as the Pil and Bue discoveries…
JX Nippon Oil & Gas Exploration (Malaysia) started gas production from the Layang Field, offshore Malaysia, with an estimated 12,000 boe/d. Map from JX Nippon. Layang is about 7km east of the producing Helang Gas Field in Block SK10…
Paris-based geophysical firm CGG will file for Chapters 11 and 15 bankruptcy in the US, and open a Sauvegarde proceeding in France, after executing legally binding agreements in support of the terms of the agreement-in-principle with key financial creditors announced on 2 June…
Wood Group's proposed US$2.7 billion takeover of Amec Foster Wheeler has been overwhelmingly approved by shareholders at both companies, paving the way for the merger to be complete by this year. Image from Amec Foster Wheeler…