In this video, BP shows the delivery of its five subsea trees required for the Juniper project offshore Trinidad and Tobago. The subsea trees, which weigh 76-tonne each, were delivered on using an Antonov 124 cargo aircraft. The trees were built with materials from Singapore…
Work on Israel’s giant deepwater Leviathan field could be back on track after a new agreement on the country’s oil and gas terms. Noble Energy, which operates the field, had put forward its revised Leviathan development plan earlier this year…
China's China Oilfield Services Ltd. (COSL) has been awarded a contract for 3D seismic acquisition covering a total area of over 4000sq km in Arctic waters. The contract is COSL's 'first great order' for 3D seismic operations in Arctic waters…
Greek exploration and production firm Energean Oil & Gas has secured a US$75 million loan from the European Bank for Reconstruction and Development (EBRD) to support the company’s ongoing $200 million investment plan in the Prinos and Epsilon oil fields offshore northern Greece…
UK-based geotechnical and marine firm MG3 has purchased the DP2 vessel Ocean Spirit complete with a geotechnical site investigation equipment spread. MG3 took delivery of the multirole DP2 vessel Ocean Spirit (formerly Highland Spirit)…
Wintershall Norge has drilled one dry well and another with poor reservoir quality in the North Sea near the Vega field. Well 35/8-6 S on the Vikafjell North prospect was dry and sidetrack well 35/8-6 A on the Robbins prospect was of poor reservoir quality…
Statoil has decided to cancel the contract with Seadrill for the West Hercules semisubmersible drilling rig. The rig has been on contract with Statoil since 31 January 2013, performing an exploration campaign offshore Newfoundland in Canada for the past 18 months…
Subsea 7 and Dutch contractor Seaway Heavy Lifting are to work together on the Beatrice offshore wind farm. The wind farm, operated by SSE, was given the green light today, and has been described as one of the largest private investments made in Scottish infrastructure…
The platform deck for the Ivar Aasen field was completed at the yard in Singapore on Sunday and will sail away to Norway shortly, operator Det Norske said this morning. The platform deck has now been moved from SMOE’s yard area to the Cosco vessel the Xiang Rui Kou…
Global workforce solutions provider for the energy, process and infrastructure, Airswift, has formed an executive search firm, Ducatus Partners. The new company will operate independently of Airswift, delivering executive search, market intelligence…
Brazil's interim president, Michel Temer, has named a new CEO for the country's national oil company Petrobras. Petrobras announced today that it was informed Thursday, 19 May, of the decision to appoint Pedro Parente, an engineer, to Petrobras' board and to the position of CEO…
Petrofac is set to build on its provision of reimbursable services for Total E&P UK following the award of an enhanced three-year contract extension on the Alwyn and Dunbar platforms in the Northern North Sea. The contract, worth in the region of US$100 million…
Norway's Aibel and Reach Subsea have agreed to enter into a formal cooperation agreement for projects within subsea oil and gas, renewables, ship and rig repairs and decommissioning of existing platforms/subsea structures and other offshore installations…
US drilling contractor Noble Corporation is due to cold stack two semisubmersibles and warm stack two drillships. In its latest fleet status report, the firm said it is preparing to cold stack the Noble Jim Day, a Bingo 9000 semisubmersible drillship built in 1999…
Woodside is considering development options on its two discoveries offshore Myanmar, as well as a 4-7 well drilling campaign next year, the firm said this morning. The plans, potentially involving tie-backs or even a standalone development…