Stone Energy has terminated an existing long-term deepwater rig commitment with Ensco for a total consideration of US$20 million. The agreement includes approximately $5 million that was a deposit previously provided to Ensco pursuant to the drilling services contract…
New drilling results at ExxonMobil’s Liza discovery offshore Guyana are revealing the potential of recoverable resources to be up to 1.4 billion boe. Image from Exxon Twitter. The…
Engineering house Intecsea, and inspection firm Innospection have launched FlexIQ, a complete offering in the arena of flexible riser integrity management. FlexIQ has been launched out of the strategic alliance between Intecsea and Innospection…
The start of construction of the riser platform for the giant Johan Sverdrup project offshore Norway has been marked at Samsung Heavy Industries yard in South Korea. Johan Sverdrup, 155km west of Stavanger, Norway, is one of the five biggest oil fields on the Norwegian Continental Shelf…
Norwegian offshore technology company inApril has won its first commercial agreement, worth US$25-30 million for Venator, its node-based seabed seismic acquisition system. In development since 2012, the Venator node-on-a-rope system…
Tullow Oil's TEN floating production project offshore Ghana is on schedule for first oil within the next three to six weeks, the firm announced this morning. Tullow says the project, which is also within budget, is over 96% complete…
Deep Sea Supply is pleased to announce that the company has been awarded three new time charter contracts for operations in Egypt by BP Egypt. The PSV Sea Swift has been awarded a two-year firm, plus a one-year option contract, while…
Dutch technology firm Frames has completed a high integrity pressure protection system (HIPPS) and fluid buffer system for the mooring solutions specialist SOFEC. Both are designed and build for the external mooring system of a floating LNG (FLNG) vessel…
Quadrant Energy has decided to change its drilling plans in the Carnarvon Basin offshore Western Australia. The firm had proposed to drill the Palmerston-1 well. After a technical evaluations and engagement with the regulator, Quadrant now plans to drill the Driftwood-1 well…
Dutch contractor Boskalis has been appointed the preferred Offshore Balance of Plant contractor by Vattenfall for the construction of Aberdeen Offshore Wind Farm, also known as the European Offshore Wind Deployment Centre. The project…
UK-based explorer Independent Oil and Gas (IOG) expects to take Transocean's Sedco 704 semisubmersible drilling rig on contract and start drilling an appraisal well on the Skipper oil discovery in the second half of July 2016. Skipper…
Norwegian seismic firm PGS has started a new 3D seismic program in the Porcupine Basin offshore Ireland for Woodside. The Bréanann 3D seismic program started 27 June on Frontier Exploration License 3/14, says license partner Petrel. The total program is over 2400sq km…
Mexico is joining the US and Canada in committing to reduce North America’s methane emissions from the oil and gas sector – the world’s largest methane source – 40% to 45% by 2025, the three countries announced in a joint statement. Image…
Damen Shiprepair Amsterdam (DSAm) has concluded modification works on the Sea Installer. The principle scope of work involved the extension of the main crane boom, giving the A2SEA-owned offshore wind farm installation vessel increased reaching…
The Energy Institute (EI) has appointed former executive director for Shell Upstream International, and current chairman for the Shell Foundation Malcolm Brinded CBE FREng FEI as president-elect, in addition to the announcement of several other EI appointments…