Sterling Energy subsidiary Sterling Cameroon Ltd. has issued a notice of surrender in relation to the Ntem Concession, offshore Cameroon, effective by the end of December 2016. The company does not expect to incur any material costs associated with the surrender…
Ithaca Energy's floating production unit, the FPF-1, has set sail for the Stella field in the North Sea after completing final marine systems trials. First oil from the Greater Stella Area development is expected in about three months later…
Abu Dhabi-based Gulf Marine Services has won a new contract award for one of its mid-size class vessels. The contract, scheduled to start immediately, is for 12 months including options, with the vessel supporting a Middle East/North Africa (MENA)-based national oil company…
Det norske has received consent to use Safe Zephyrus as a flotel at the Ivar Aasen development, about 175km west of Karmøy in Rogaland county, Norway. The field has been developed using a production, drilling and accommodation facility…
Premier Oil's Bagpuss heavy oil exploration well on the Halibut Horst in the Outer Moray Firth, in the North Sea, has made a discovery, potentially opening a new play in the area. The 13/25-1 well, drilling using the Ocean Valiant semisubmersible drilling rig…
PJ Valves (PJV), a valves manufacturer and supplier, has been awarded more than US$1.3 million (£1 million) worth of contracts to supply over 1000 valves to Maersk Oil’s Culzean field in the UK North Sea. PJV will manufacture forged…
Gloucestershire-based Arc Energy Resources, the weld overlay cladding and fabrication company, has acquired precision machining company CLG Engineering, based in Stonehouse, Gloucestershire. Arc Energy Resources provides corrosion-resistant weld overlay cladding services…
Cost reduction measures continue at Fugro, as the company plans to further reduce its workforce and fleet in the remainder of 2016. Image from Fugro. During 1H 2016, Fugro cut its headcount by 585…
Chinese shipyard China Merchants Heavy Industry (CMHI) is to build two new semisubmersible combined accommodation and crane vessels for Dutch firm Overdulve Offshore Services. The OOS Serooskerke (named after a village in the Netherlands) and OOS Walcheren (a former Dutch island…
MEO Australia has gained environmental approvals for its proposed Tassie Shoal projects offshore Northern Australia, extending the period for the liquefied natural gas (LNG) project to 2052. Tassie Shoal comprises one LNG plant (TSLNG)…
TGS and Schlumberger have started the Dual Coil Shooting multivessel full-azimuth acquisition Revolution XII and XIII surveys in the US Gulf of Mexico. The surveys will cover about 7150sq km (306 blocks) in the Green Canyon, Atwater Valley…
Norway's Det norske's exploration well on the Rovarkula prospect in the Norwegian sector of the central North Sea is dry, says the Norwegian Petroleum Directorate. The 25/10-15 S wildcat well was drilled using the Maersk Interceptor jackup…
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…