Newfield Exploration Co. signed a sales agreement with some of its joint venture partners to divest its non-operated 12% stake in the Bohai Bay field in China for approximately US$39 million. The deal is subject to customary regulatory approval…
The Carbon Trust’s Offshore Wind Accelerator (OWA) announced its US$3 million (£2.4 million) Improved Fatigue Life of Welded Jacket Connections (JaCo) project, aiming to cut the cost of offshore wind by optimizing the design of jacket foundations…
Russia's Gazprom Neft is set to drill the first exploration well on the Ayashsky Block in the Sea of Okhotsk after signing a contract for use of a Japanese drilling rig. Gazprom acquired a license for the exploration, development and…
A multi-skilled team of north east-England based subsea engineering experts has made it to the semifinals of Shell's US$7 million Ocean Discovery XPrize. XPrize is an international competition which aims to create the next generation tools…
Dounreay Trì's proposed floating wind farm demonstration project offshore the north of Scotland has been approved by Highland Council, taking the project a step closer to approval by Scottish Ministers. According to the Renewables Obligation Scheme…
BP group chief executive Bob Dudley will underline the value of the North Sea in the oil major’s global portfolio when he leads the opening plenary session at SPE Offshore Europe 2017 being held in Aberdeen from 5-8 September 2017. Dudley…
Norway’s Petroleum Safety Authority (PSA) has granted Aker BP consent to connect the Oda field to the Ula field. The Centrica Resources-operated Oda field will be developed as a subsea facility tied back to the Ula field, where Aker BP is the operator…
Norway’s Petroleum Safety Authority (PSA) has issued an order after identifying several regulation breaches at Statoil’s Troll field, stemming from an investigation of an “out of control” incident that occurred last year. The Songa Endurance…
Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. The seeps survey complements a seismic exploration program that was completed recently offshore Kenya. Image…
Tampnet has installed the first-ever operational offshore 4G/LTE base station in Gulf of Mexico (GoM). According to the company, the 4G LTE coverage will enable a number of new ways of working for an industry that has, since the significant drop in oil prices…
McDermott International acquired the newly built pipelay and construction vessel Amazon designed for its ultra deepwater and SURF projects. Image of the Amazon, from McDermott. McDermott…
Forum Energy Technologies has appointed Prady Iyyanki as president and CEO, effective 16 May 2017. Iyyanki currently serves as president and chief operating officer. Cris Gaut, the current CEO, will become executive chairman. Forum's…
Dana Petroleum's long delayed Western Isles cylindical floating production unit (FPSO) is finally set to start its journey to Europe in coming days, says designer Sevan Marine. The unit is being built at COSCO's yard in China and will…
French geoscience firm CGG has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam. The contract will run for a period of six years, from 1 January 2017 to 31 December 2022…
Sakhalin Energy Investment Co. awarded KCA Deutag a four-year contract extension for platform drilling services on three platforms offshore Sakhalin Island in Russia. The contract extension is effective from 1 June 2017 to 31 May 2021…