Danish drilling rig operator Maersk Drilling has won a four-year contract with Tullow Oil for use of the deepwater drillship Maersk Venturer offshore Ghana. The contract, signed in December 2017, is expected to start in February 2018…
The ROV market isn’t out of the woods yet, with plentiful supply in the market dampening any perceived uptick in activity. But, offshore wind might offer some respite. Elaine Maslin reports (first published in the January 2018 OE, access full issue here)…
UK North Sea Forties Pipeline System (FPS) operator Ineos says the system is now fully operational, following repairs works to a crack found in an onshore section of the pipeline, early December. 'All restrictions on the flow of oil and…
Former Apache North Sea boss Jim House has signed up to Neptune Energy as CEO, starting this month. House makes the move from Apache Corp. where he has spent the last 26 years in senior leadership roles, most recently as the Senior Vice President responsible for Egypt…
Subsea asset integrity is a growing challenge on the UK Continental Shelf and elsewhere, with each basin having its unique set of often complex demands. This applies to traditional oil and gas plant as well as the new generation of renewable energy structures…
Houston headquartered Hyperdynamics has filed for Chapter 7 bankruptcy relief. The firm, which is focused on exploring offshore the Republic of Guinea, says it had reviewed and analyzed its options, including raising more finance, selling assets…
Australia's Santos is planning to drill the Paus Biru-1 exploration well on the Sampang production sharing contract offshore Indonesia, says partner Cue Energy Resources. Paus Biru is 27km east from the producing Oyong gas field. The…
Seeking to reduce “unnecessary regulatory burdens” while maintaining or advancing safety and environmental protection, the US Bureau of Safety and Environmental Enforcement (BSEE) plans to revise the Production Safety Systems Rule governing…
UK operators have gone a long way to reducing their costs and are even starting to look at investment, delegates attending the Oil & Gas UK Share Fair in Aberdeen early November learned. Elaine Maslin reports (First published in the December 2017 OE…
Japanese ship builder Kawasaki Heavy Industries (KHI) has terminated a shipbuilding contract with Island Offshore for the building of the Island Navigator light well intervention vessel (artist's illustration, right, from Rolls Royce). The…
Saipem's Scarabeo 9 semisubmersible is in the Black Sea, where it is drilling one well, the Maria-1 exploration well in the Zapadno-Chernomorskaya license area, plus one optional well, in deepwater (more than 2000m water depth). To get there…
Jurong Shipyard, part of Sembcorp Marine, has signed an agreement to sell the semisubmersible rig West Rigel for US$500 million. West Rigel was originally contracted by North Atlantic Rigel (NARL), a subsidiary of North Atlantic Drilling (NADL) and Seadrill…
It’s a smaller, more focused exploration world as we start 2018. Elaine Maslin discusses the main themes for 2018 with Wood Mackenzie’s Andrew Latham (First published in the January 2018 OE, access full issue here). Deepwater is very…
Italian oil major Eni has spud a new oil well from the Spy Island drillsite, a manmade island in the Beaufort Sea, offshore Alaska, earlier this week, the Bureau of Safety and Environmental Enforcement (BSEE) reported today (27 December)…
Byron Energy has struck 190ft (58m) of net oil pay in the South Marsh Island Block 71 F-2 well in the Gulf of Mexico, exceeding initial expectations, partner Otto Energy reported today (27 December). Drilled and logged to 8615ft measured depth with Ensco jackup Ensco 68…