Latest News - page 2038


Trellborg expands Houston team

Nov 28, 2016

Trelleborg’s offshore operation based in Houston has invested in a new Global Riser Analysis team to incorporate in-house mathematical simulation capabilities into its current engineering group. The Global Riser Analysis team consists…

L&T unveils spool base facility in Chennai

Nov 28, 2016

L&T Hydrocarbon Engineering Ltd., a wholly owned subsidiary of Larsen & Toubro, has unveiled high-tech spool base facilities at L&T’s fabrication facility at Kattupalli, in Chennai. These facilities are being employed to execute a prestigious…

Vaalco completes Etame Marin deal

Nov 28, 2016

Vaalco Energy has closed on the purchase of an additional 3.23% participating interest (2.98% working interest) in the Etame Marin Permit, offshore of the Republic of Gabon from Sojitz Etame, which represented the full interest owned by Sojitz Etame in the concession…

Atlantic requests operatorship of Orlando, Kells

Nov 28, 2016

Atlantic Petroleum issued notices to Iona Energy Co. (UK), which is in administration, to remove Iona as the operator of the Orlando and Kells licenses, offshore the UK. Atlantic has requested special meetings of the joint operating committees of UK Licenses P…

BHP awards EM&I Macedon, Pyrenees inspection contract

Nov 28, 2016

EM&I, a provider of asset integrity, inspection and specialized repair and maintenance services, has signed a contract with BHP Billiton Petroleum Australia (BHP Billiton) to provide inspection management services to their Macedon Gas Plant…

PSA investigating Scarabeo 5 fire

Nov 28, 2016

The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire which broke out in an engine room on the Scarabeo 5 drilling unit on 22 November 2016. A team from the PSA traveled out to the rig, which is working on the Njord field in the Norwegian Sea…

Statoil to drill Johan Sverdrup appraisal well

Nov 28, 2016

Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to drill well 16/2-22, an appraisal well, on the Johan Sverdrup field. The consent also applies to a possible sidetrack from this well. The Statoil-operated field, located around 140km west of Stavanger in the North Sea…

Seawell relaunches after $75 million upgrade

Nov 28, 2016

The light well intervention and dive support vessel MSV Seawell has returned to service after a US$74.5 million (£60 million) investment by its owners, Aberdeen-based Helix Well Ops (UK), a UK subsidiary of international offshore energy service company Helix Energy Solutions Group…

BW Offshore takes Addax to task

Nov 28, 2016

Floating production firm BW Offshore has started an arbitration process against Addax Petroleum Exploration over payment for use of the floating production, storage and offloading vessel (FPSO) Sendje Berge.  BW Offshore says Addax as…

Leviathan partners secure funding

Nov 28, 2016

Partners in the Leviathan field offshore Israel have secured US$1.5-1.75 billion funding towards the field development project. Delek Drilling and Avner Oil Exploration secured the cash from HSBC Bank and J.P. Morgan. It will be released in tranches…

BP acquires Nexen, Statoil exploration stakes

Nov 28, 2016

BP has acquired stakes in the Jock Scott and Craster high-temperature high-pressure, North Sea exploration prospects, operated by Statoil and Nexen respectively, with exploration wells planned on each mid-2017.  The move comes just days…

Hurricane agrees FPSO for Lancaster, plans to drill Halifax well

Nov 28, 2016

UK fractured basement player Hurricane Energy has agreed in principal deal for a floating production and storage offloading (FPSO) unit to develop its Lancaster field and is set to drill its nearby Halifax prospect, west of Shetland, UK. Under a heads of terms agreement…

ICoTA award goes to Helix, Altus and Shell

Nov 25, 2016

The European Intervention and Coiled Tubing Association (ICoTA), is delighted to announce that this year's recipient of the ICoTA Innovation Award was a joint entry from Shell, Helix Well Ops and Altus Intervention.  The award, presented at the annual SPE ICoTA Well Intervention Conference…

Best energy MSc graduate papers presented

Nov 25, 2016

The Aberdeen, Highlands & Islands branch of the Energy Institute (EI) will host its annual MSc Student Best Paper competition for postgraduate students in Aberdeen next Tuesday night (29 November). The is organized by the EI branch to…

BP buys into Eni's Zohr gas mega-find

Nov 25, 2016

BP has agreed to buy a 10% interest in the Shorouk concession offshore Egypt, containing the super-giant Zohr gas field, for US$375 million.  As part of the deal with Eni, BP will also reimburse Eni for BP’s share of past expenditure…

Current News

Transocean to Acquire Valaris for $5.8B

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Perenco Installs Kombi-II MOPU Offshore Congo

Subscribe for OE Digital E‑News