A new report from Reports and Reports called 'Global Well Intervention Market 2016-2021,' says worldwide, well intervention is forecast to grow at a CAGR of 4.34% from 2016-2021, on account of rising demand in the oil and gas energy along with aging well assets…
2H Offshore has appointed Yann Helle as managing director. Helle. Image from 2H Offshore. Helle replaces Tim Eyles, who is moving to the role of vice president with parent company Acteon…
A £6 million grant fund has been launched to help more than 200 companies unlock innovations in offshore renewable energy. The SCORE program, being delivered by the OrbisEnergy innovation and incubation centre in Lowestoft, Suffolk, provides grants of up to £50…
Noble Energy started production at Gunflint in the deepwater Gulf of Mexico, the Houston-based explorer announced today (21 July). Map of Gunflint, from Noble Energy. The Gunflint oil development…
Lundin Petroleum has started its 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea targeting 587-862 MMboe. The winterized Leiv Eiriksson semisubmersible drilling rig (pictured) has been contracted…
A consortium led by Merlin Energy Resources and comprising; Riley Geoscience; Network Stratigraphic Consulting; IGI; and G. Dunford Exploration has secured a €1.9 million contract from the Irish Petroleum Infrastructure Programme (PIP) to complete an integrated chronostratigraphic…
UK independent Zennor Petroleum has drilled a successful appraisal well on the Finlaggan gas condensate accumulation in the UK North Sea. Finlaggan is in license P2013, in Block 21/5c, awarded in the 27th licensing round to Zennor. The Finlaggan discovery was made by ConocoPhillips in 2005…
Malaysia's Petronas has appointed a wholly owned subsidiary Vestigo Petroleum to operate the Berantai field facilities. The facilities, about 150km offshore Malaysia, comprise of a wellhead platform connected to a floating production…
Premier Oil spudded the Bagpuss heavy oil exploration well in the Moray Firth in the UK North Sea on 18 July, using the Ocean Valiant drilling rig, says partner North Sea Energy. Drilling results are expected in early August. The well…
Aberdeen Drilling Consultants (ADC), a rig inspection consultancy based in Scotland, has been awarded a contract by BP to provide engineering services globally. ADC will provide support in more than 14 countries worldwide. It will deliver rig site assessments at all stages of operations…
Keppel Offshore & Marine (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine has secured contracts from Jan De Nul Group to build three trailing suction hopper dredgers (TSHDs) with an estimated value US$74 million (S$100 million). The…
Dutch firms Frames and Mokveld have completed two high integrity pressure protection systems (HIPPS) for the Pemex Lakach field gas collection station. The system is the first ever certified HIPPS in Mexico, says Frames. The contract…
Italy's Remacut has delivered a 150m-tonne vertical lay system (VLS) for McDermott at its quay side assembly shop in Genoa, Italy, using a single-lift load out. The delivery took place after successful factory acceptance test of all the equipment installed on the VLS…
Subsea connector specialist, First Subsea, has supplied a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian North Sea…
Well intervention focused firm Helix Energy Solutions Group says it is expecting to see an improvement in activity in the second half of the year, after posting a US$10.7 million Q2 loss ($2.6 million loss in Q2 2015). The firm said its well intervention revenues increased 30% in Q2 of 2016…