Eni is to plug and abandon its Aurelia wildcat exploration well in the Barents Sea after poor drilling results. The well, 7222/1-1, was the first exploration well in production license 226, awarded in 1997. It was drilled about 80km…
Teekay Offshore is to take a hit of US$43.7 million after cancelling construction contracts for two flotels, described by Teekay as units for maintenance and safety (UMS). The firm also says it suffered a drop in income due to its Arendal…
A 48-hour strike has started in the UK North Sea by offshore workers working for Wood Group on Shell platforms. The strike, on the Alpha, Bravo, Charlie, Nelson, Gannet, Shearwater and Curlew platforms, follows a 24-hour walk out by workers from the Unite and RMT unions on Tuesday 26 July…
An oil spill with an estimated maximum potential of 4200 gallons of crude oil occurred yesterday (2 August) from a well owned by Houston-based Texas Petroleum Investment Co. (TPIC), near Main Pass offshore Louisiana, according to the US Coast Guard (USCG)…
InterMoor's Brazilian subsidiary successfully completed its involvement in the decommissioning operations of the OSX-1 FPSO (floating production, storage and offloading). InterMoor was responsible for the disconnection of the submerged turret production system (STP)…
Vaalco Energy’s chief executive officer (CEO), Steve Guidry, will retire from the company and board of directors effective 1 September 2016. Guidry joined Vaalco as CEO in October 2013 after having worked for 33 years at Marathon Oil Corp…
Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…
Modular aluminum profile manufacturer Boldman has developed a mobile ballistic test cell to help increase efficiency and reduce costs in oil and gas industry testing. The cell uses a lot of the innovations that are used in Boldman’s existing large fixed cells…
UAE-based engineering and fabrication firm Lamprell has recruited Petrofac exec Christopher McDonald to become its CEO as of 1 October 2016. McDonald will succeed Jim Moffat, who is retiring from the company. McDonald has held the…
Statoil has been approved to use newbuild Cat D semisubmersible drilling rig Songa Enabler to drill three wells - two production and one CO2 reinjection - at the Snøhvit gas field in the Barents Sea. Snøhvit started production in 2007 via a subsea development…
Cobalt International Energy is setting Angola as its number one priority, as the Houston-based company disclosed a multimillion-dollar loss in Q2 2016 due to a dry well in the Gulf of Mexico. The Rowan Reliance drillship…
Det norske has taken over the operatorship for production license 442 from Centrica and has been given consent to drill an exploration well in a prospect named Langfjellet by the Petroleum Safety Authority Norway (PSA). Well 25/2-18 S…
UK supermajor BP has completed construction work of Clair Ridge, west of Shetlands Islands, bringing its US$6 billion investment closer to production. Clair Ridge. Image from BP United Kingdom Twitter…
Vaalco Energy entered into a deal with Sojitz Etame to acquire an additional 3.23% stake in the Etame Marin Permit, offshore of the Republic of Gabon, West Africa. Gabon operations. Image from Vaalco…
Fugro completed a 33-month period of metocean data acquisition for Hess Ghana Exploration, offshore western Ghana. Measurements were made at three locations in an area offshore western Ghana known as the Deepwater Tano/Cape Three Points block…