FAR Ltd. is exercising its pre-emption rights over the proposed sale of ConocoPhillips interests in Senegal to Woodside Petroleum, a deal that was struck in July. Map from FAR. In mid-July…
Production at Chevron’s Erskine project in the Central North Sea has hit a new snag, after Shell said that further work is needed on the recommissioning of the Lomond platform, according to partner Serica Energy. Erskine…
MISC Berhad has entered the Thailand offshore oil and gas market after winning a US$230 million, 10-year deal with Chevron for the lease and operations of a floating storage and offloading vessel (FSO). MISC’s wholly-owned subsidiary…
Independent subsea remotely operated vehicle (ROV) service provider, ROVOP, is set to increase its Houston workforce by 10% as a result of further business growth including recent contract wins in the Gulf of Mexico region. The growth…
India’s Oil and Natural Gas Corp. (ONGC), awarded a multimillion dollar contract to GE Oil & Gas to provide an estimated 55 subsea wellheads (SG5) over the next three years for ONGC’s offshore drilling campaign, in shallow to medium waters offshore India…
UK industry body Decom North Sea has launched the Late Life Planning Portal, a website also known as L2P2, designed to support the North Sea oil and gas industry in the planning and execution of late life and decommissioning projects. Providing…
Norway's Statoil has agreed to acquire a 70% stake in two blocks in the UK North Sea from Jersey Oil & Gas and CIECO Exploration for US$2 million, and is planning to drill and exploration well on one of the blocks in 2017. The two blocks…
At 10pm last night (Monday 22 August) the Transocean Winner drilling rig was successfully refloated from Dalmore Bay, on the Isle of Lewis, off the west of Scotland, where it had grounded just over two weeks ago. Following its refloat…
Allseas’ dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit has successfully executed its first heavy lift project offshore Norway. The US$2.7 billion mega-vessel, built to lift 48,000-tonne topsides…
The president and CEO of Marine Spill Response Corp. (MSRC), Steven T. Benz, will retire on 30 April 2017. Benz joined MSRC as CEO in 1996 after an extensive career working for a major oil company. During his tenure, notable achievements…
James Fisher Subsea Excavation, part of James Fisher and Sons, has brought the SP12000 mass flow excavation (MFE) tool to market to support clients with large scale excavations. The SP12000 produces more than 6-tonne of thrust at full power and a volume output of 12…
J.R. Sult, executive vice president and CFO, has elected to leave Marathon Oil for personal reasons following an appropriate transition period. Sult's departure is not related to any disagreement with the company regarding financial disclosures…
Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment of a platform well on the Ombrina Mare field offshore Italy for Rockhopper Exploration. The project was the firm's first offshore well management project…
Singaporean shipbuilder Sembcorp Marine is set to acquire 100% equity stake in Norway-headquartered LMG Marin for US$20 million. LMG is a naval architecture as well as ship design and engineering house with offices in Poland and France…
Seadrill has received a notice of termination from Pemex for the West Pegasus drilling contract, effective 16 August 2016. Seadrill says it has disputed the grounds for termination and is reviewing its legal options. During Q2 2015…