Shining lights in the offshore oil and gas industry were recognized in a black tie dinner in Aberdeen last night. Some 500 industry professionals attending the SPE Offshore Achievement Awards, which celebrates innovation, collaboration…
Thailand's PTT Exploration and Production (PTTEP) has signed a memorandum of understanding (MoU) with Japan Oil, Gas and Metals National Corp. (JOGMEC), for cooperation in research and technology development in the oil and gas business, aiming…
Statoil has found oil and gas in a wildcat well, close to the Gullfaks field in the northern part of the Norwegian Sea. The well was drilled from the Gullfaks C platform to a structure east of the Gimle field, about 7km northeast of the…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill exploration well 7121/8-1 named Blåmann in the Barents Sea, with the possibility of a sidetrack well. Blåmann is in production license 849, around 113km northwest of Hammerfest and 25km from Goliat…
Bahamas Petroleum Co. (BPC) has gained an additional 12-month extension for its four southern licenses from the government of The Bahamas that will now expire in April 2018. Map of BPC licenses…
Saipem and Siemens have signed a joint development for subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid. Siemens, through its subsea entity, will support Saipem in realizing the Saipem Subsea Bus architecture…
The Norwegian Petroleum Directorate (NPD) has granted consent for continued use of the subsea facilities on the Sigyn field in the North Sea from the end of 2017 until the end of 2022. In its application, operator ExxonMobil refers to current estimates…
Eni has confirmed the presence of oil in multiple reservoirs at the Amoca-2 well, the first well drilled by an international oil major offshore Mexico since the 2013 Energy Reform. Map of Area 1…
Statoil has picked up the largest number of licenses in the Oil & Gas Authority's 29th Offshore Licensing Award focusing on frontier or underexplored acreage on the UK Continental Shelf. In total, 25 licenses have been offered, covering 111 blocks…
4Subsea won a contract with Statoil to deliver services and research projects related to structural integrity of fixed and floating offshore installations. The deal will see 4Subsea deliver services related to subsea installations from subsea wellheads…
Global Tubing, a provider of coiled tubing products and services, has developed a new coiled tubing product, DURACOIL. DURACOIL has been designed to improve tubing fatigue life, predictability and resistance to abrasion, which minimizes downtime due to pipe failures…
Maersk Oil reached an agreement with the government of Denmark that will see a full redevelopment plan for the Tyra project in the Danish North Sea. Tyra East. Image from Maersk Oil. The…
CMR Group, the international control instrumentation and electrical engineering company, has appointed a new head of Asia operations. Alvin Sim joins as the new CEO for CMR Far East, with a brief to drive the development and sales of the firm’s pan-regional products and services…
The latest Gulf of Mexico lease sale had 28 companies vying for 163 tracts in a total of 913,542 acres in the Central Planning Area of the Outer Continental Shelf (OCS), bringing in nearly US$275 million in high bids. Image from BOEM Twitter…
Eni has obtained majority stakes in two new exploration blocks 50km off the shore of the Ivory Coast. The two deep offshore blocks, CI-101 and CI-205, are in the eastern part of the prolific Tano basin, where Eni already operates, and cover a total area of about 2850sq km…