North Sea-focused Independent Oil and Gas (IOG) has signed a letter of intent with Heerema Fabrication Group for front-end engineering and design (FEED), and engineering procurement, construction and installation (EPCI) of up to four normally unmanned installation platforms (NUIs)…
Baker Hughes, a GE company announced that its board of directors has elected BHGE President and Chief Executive Officer (CEO) Lorenzo Simonelli as chairman of the BHGE board, effective today (2 October). Simonelli…
CGG’s creditors have overwhelmingly accepted the company’s proposed chapter 11 plan, the French seismic firm announced today (2 October). Image from CGG. “Specifically, all holders…
Jan De Nul Group has begun preparations for the subsea cable laying work for ADMA-OPCO’s NASR Full Field Development Package 2 Project off the coast of Abu Dhabi in the Arabian Gulf. Isaac Newton…
DONG Energy (Danish Oil and Natural Gas) has proposed to change its company name to Ørsted, following its strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production. Turbine…
The Society of Petroleum Engineers (SPE) Aberdeen Section has now opened entries for the 32nd Offshore Achievement Awards (OAA). The OAAs were launched during last month’s SPE Offshore Europe and are supported by OE. Categories remain similar to last year’s line up…
Oil majors Statoil, Shell and Total have agreed to enter a CO2 storage partnership. The partners have signed a partnership agreement to mature the development of carbon storage on the Norwegian Continental Shelf (NCS). The project is…
Petrobras has signed a heads of agreement (HoA) with Norway's Statoil to commit to assessing cooperation opportunities aligned with their business strategies relating to deepwater mature fields. The agreement is in continuity with a memorandum of understanding signed in August 2016…
Ophir Energy has awarded an upstream construction for its Fortuna floating LNG project - west Africa's first deepwater FLNG project - to Schlumberger company OneSubsea and Subsea 7's Subsea Integration Alliance. The contract is an engineering…
Subsea 7 has signed a contract with Royal IHC to design and build a new, high-specification reel lay vessel capable of installing complex rigid flowlines including pipe-in-pipe systems. IHC says that, based on the ratio between top pipe tension and payload to displacement…
i3 Energy has submitted its field development plan and environmental statement (ES) for the development of the Liberator field in the UK North Sea. i3 plans to tie the field into the Blake field host infrastructure, then through the…
Bluewater Energy's Aoka Mizu floating production unit has arrived at Drydocks World Dubai shipyard ready for works to prepare it for use on Hurricane Energy's Lancaster field early production system (EPS) development, west of Shetland. Drydocks…
Having a power hub, to supply future Barents Sea developments, could help operators mitigate CO2 emissions – and the regulations that they could come up against. Marius Kluge Foss, of Rystad Energy, explains. The Barents Sea is the last Norwegian oil province with anticipated future growth…
A new report by Deloitte sheds light on a new vulnerability within oil and gas – cyber-attacks. Elaine Maslin reports. Image from iStock. The oil and gas industry is often accused of being behind the times…
The Internet of Things could help transform drilling rig technology, but it isn’t a panacea, warns a Transocean official. Karen Boman reports. Gutierrez Though a lagging indicator…