Ceona, a SURF contractor with heavy subsea construction capabilities, has expanded its West African reach after entering into a strategic partnership with Interoil Angola. The partnership will see Interoil Angola, which is a key player in offshore support vessel management in West Africa…
Norwegian-based Siem Offshore has appointed Idar Hillersøy its new CEO, effective 1 August, replacing current CEO Terje Sørensen, who will stay until a transitional phase is completed. Since April, Idar Hillersøy has been responsible…
Noble Energy recorded a net loss of US$109 million for 2Q 2015, however managed to slightly increase its total sales volume. Image from Noble. 'Although these are challenging times in our industry…
Exceed, a well management and performance improvement specialist, has announced that it has joined forces with eight former members of senior staff from Applied Drilling Technology International (ADTI). ADTI ceased trading in May 2015…
Otto Energy spudded the Hawkeye-1 exploration well offshore Palawan basin in the Philippines on 31 July. The 36in conductor was run to 1906m and the 26in hole subsequently drilled to 2449m. Current operations are to cement the 20in casing string…
Atlantic Petroleum has announced that its subsidiary, Atlantic Petroleum UK Ltd., has completed the sale and purchase agreement with Third Energy Offshore for the sale of Atlantic Petroleum’s interests in P1724 (UK Block 43/13b which contains the Pegasus West Gas Discovery)…
Fugro has been awarded a contract by BG International Ltd. Sucursal Honduras to conduct an integrated multibeam echosounder (MBES) survey and seabed coring campaign over its offshore acreage (block) in the Honduran Caribbean. As part of BG’s exploration license commitments…
Global shipping and energy services firm, Craig Group, has launched its first F-Class vessel, the Grampian Fortress. The IMT 958 multi-role emergency response and rescue vessel (ERRV) was christened in the Balenciaga Shipyard in Northern Spain this week…
The Transocean Polar Pioneer semisubmersible officially began Shell’s US$1 billion Arctic drilling program in the Chukchi Sea on 30 July. The Polar Pioneer. From Transocean. Drilling operations began at Shell’s Burger J prospect…
UK-based drilling specialist Archer reported a 22.5% drop in 2Q 2015 that will lead to cutting 700 jobs in its global workforce. Image from Archer. Revenue for 2Q was US$388…
Sand control engineering specialist Darcy is gearing up for global interest in its downhole Hydraulic Screen following a successful installation in Statoil’s Statfjord oil field in the Norwegian Sector of the North Sea. The system provides…
Three majors are vying for the same block offshore Mozambique in Mozambique's fifth licensing round, according to the round application details released by the country's National Petroleum Institute (INP) today. It reveals that ExxonMobil…
Petrobras has begun production at the Iracema Norte development, in the Lula field of the pre-salt Santos basin, just less than 30 days after the FPSO Cidade de Itaguaí arrived at the field, the Brazilian national confirmed on 31 July. Cidade de Itaguaí…
LR Senergy has been awarded a number of contracts worth a combined US$7 million in the Middle East, Europe and Asia. The new contracts include work with Abu Dhabi Marine Operating Co. (ADMA-OPCO), the Kuwait Energy Co. and Dragon Oil These…
Paradigm Flow Services has successfully completed a deluge remediation and replacement project for Apache North Sea in the Forties field. The remediation work was carried out as part of the company’s Deluge Integrity Management service on four of the Forties assets…