Ophir Energy is on track for a final investment decision on its Fortuna LNG project offshore Equatorial Guinea in mid-2016. Key engineering contracts, including the projects subsea production systems, are expected to be awarded in the first half of the year…
DONG Energy has placed contracts with three UK firms for the array cables at its 580 MW Race Bank offshore wind farm, off coast of Norfolk, England. The array cables for Race Bank will be supplied by JDR from its base in Hartlepool. The…
Technip's joint venture with Sonangol, Technip Angola Engenharia Limitada, has been awarded a three year engineering services contract by Total E&P Angola. The contract covers services for the existing Girassol, Pazflor, Dalia and CLOV…
Polarcus is pleased to announce the start of production in the first of a series of three 3D seismic projects offshore Brazil. The project is being acquired using the Polarcus A-Class 3D seismic vessel Polarcus Alima. The first project…
The board of TGS has announced that Kristian Johansen will succeed Robert Hobbs as chief executive officer on 11 March 2016. Robert Hobbs to retire. Image from TGS. After eight years with TGS…
A joint industry project (JIP) to standardize subsea processing systems has been kick-started by DNV GL with industry partners Petrobras, Shell, Statoil and Woodside. Subsea development projects have been under substantial pressure due to cost inflation and the low oil price…
Now that its realignment is complete, Siemens is driving its transformation into a digital industrial company and setting the course for innovation and further growth, which will result in the creation of 25,000 new positions. As a result…
2H Offshore has designed and launched a new engineering critical assessment (ECA) software: FlawIQ. FlawIQ is a comprehensive tool that automates both BS7910 and API 579 procedures, making it faster and simpler to perform accurate fatigue assessments for offshore components…
Baker Hughes has enrolled in the new Regional Operational Integrity Program (ROIP) for the petroleum and natural gas industry to receive Gold Recognition for its Gulf of Mexico (GoM) Center of Excellence from the Wollam Petroleum Advisory Group (WPAG)…
Rosneft has made its debut as a drilling operator in international waters, as the Russian giant commenced drilling operations at the PLDD-1X well, offshore Vietnam. The HAKURYU-5 rig, image from Japan Drilling…
In this video, Weatherford illustrates that upgrading a rig with the right integrated solution can result in a safer, more efficient wellsite. According to the company,pre-installed rig systems are not always well suited for complications that arise during drilling operations…
UK-based explorer Cairn Energy's latest appraisal well on its SNE discovery offshore Senegal has been hailed a success. Far Ltd, a partner on SNE, has previously estimated the SNE 2C contingent resource at 468 MMbbl. An updated resource…
Douglas-Westwood (DW) forecasts deepwater expenditure to total US$137 billion from 2016-2020. This represents a 35% decline compared to DW’s previous edition of the deepwater forecast issued March 2015. The prolonged low oil price has impacted the deepwater market…
Exmar and Pacific Exploration and Production (formerly Pacific Rubiales) have agreed to terminate a liquefaction and storage agreement, originally executed in March 2012 for a term of 15 years from delivery of a floating liquefaction unit (CFLNG) with a liquefaction capacity of approximately 0…
Exceed has secured a contract to support Fairfield Energy in its forthcoming North Sea well plugging and abandonment campaign. Fairfield’s program includes 45 platform wells and 16 subsea wells, all of which will be plugged and permanently abandoned…
