Gazprom handed Eni subsidiary Saipem a termination notice for the South Stream pipeline project to transport gas via a pipeline in the Black Sea. Image of South Stream pipelay. Images from Gazprom…
On 11 June 2015, Fugro’s premier geophysical survey vessel, the Fugro Americas, successfully completed a data-collection project for a geochemical coring campaign in the Caribbean. The project marks the maiden voyage of the new-build vessel…
OneSubsea, a Cameron and Schlumberger company, and Chevron USA Inc. agreed to form a joint industry program (JIP) to develop subsea systems technology for 20,000-psi applications. The JIP, known as the 20Ksi Subsea System Development Program…
UK-based operator Premier Oil says work on its west of Shetland Solan development remains on track for start up in 4Q, while it looks for cheaper options for its Norwegian Vette project. Premier Oil says it is also moving towards pre…
Hungarian exploration outfit MOL Group has completed a deal with UK independent Ithaca Energy, giving it its first step into the Norwegian offshore sector. MOL has bought Ithaca's Norwegian subsidiary, which has stakes in 14 licenses…
Two consortia of oil services companies have been selected to compete for an EPIC contract on Africa's first floating LNG project through two front end engineering and design contracts. The move will pitch McDermott Marine Construction…
Oceaneering International appointed Steve Barrett as senior vice president, Subsea Products, with worldwide responsibility for Oceaneering’s subsea products segment. Barrett started his career in the oil and gas industry in 1980. In 1982…
Six autonomous, self-propelled robotic crafts that collects ocean meteorological and natural resources data, were deployed in the Barents Sea on 1 July. The crafts collect a wide range of information such as wave height, current speed and direction…
The US$70 billion Shell and BG Group merger cleared Brazilian regulatory approval, bringing it a step closer to its set completion date of early next year, according to a Reuters report. Brazil's Libra field activity…
According to the Baker Hughes offshore rig statistics, Latin America’s rig count is 62, down from 69 a month ago and down from 70 a year ago. The Europe offshore count is holding steady at 48, the same as it was one month ago and one year ago…
C-Nav, a division of C & C Technologies an Oceaneering International company providing dynamic DGNSS Precise Point Positioning systems, has introduced a recently upgraded version of its C-Scape software. C-Scape provides independent, real-time monitoring of dynamic positioning (DP) systems…
Energy Intelligence announced that Norwegian company Statoil is the winner of its 2015 Award for Leadership in New Energy. The award recognizes a company that is at the forefront of the energy transition from traditional fossil fuels to a lower-carbon energy system…
Well Control School (WCS), a provider of accredited well control training, announced the renovation and expansion of its training center in Laurel, Mississippi. WCS will now be able to offer more accredited courses for the WCS and IADC WellCAP/WellSharp certification programs…
2H Offshore has been awarded two separate contracts, one by Hess Corp. and a second contract by Enbridge Energy Co., to verify the design, fabrication and installation phases of the steel catenary risers (SCRs) for the Stampede field development in the Gulf of Mexico (GOM)…
Chancellor George Osborne (pictured) has thrown a bone to the North Sea oil industry in his Summer Budget speech today (8 July). Osborne confirmed that the UK Government plans to broaden the types of investment qualifying for the Investment Allowance and cluster area allowances…