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TCO expands workforce

Aug 18, 2015

Image: Paul Betteridge, TCO director/TCO TCO has confirmed a continuation of strong sales results, leading to the expansion of its Aberdeen workforce by a third. Within the past six months…

Teesta Spirit’s journey to the Atlantic Ocean

Aug 18, 2015

In this video, Teekay captured  a time-lapse video of the Teesta Spirit vessel transiting through the Panama Canal. The Teesta Spirit began at the Balboa Anchorage, transiting through three sets of locks until reaching its final destination in the Atlantic Ocean…

OE15: Inspiring the next generation to take on future industry challenges

Aug 18, 2015

It’s now less three weeks to SPE Offshore Europe 2015. As preparations for the event heat up, we take a look at some of the key talks scheduled for the show. Image from Brian Cox. From Trio Group…

GeoTeric 2015.3 released

Aug 18, 2015

The development of cognitive interpretation has taken another step with the release of GeoTeric 2015.3.  With the advancement of broadband seismic, there is a growing need for high resolution analysis techniques that are compatible with the complex waveforms of broadband data…

Senegal green-lights Cairn campaign

Aug 18, 2015

Senegal’s government has approved UK explorer Cairn Energy’s latest plans to carry out a 3D seismic survey and a multi-well exploration program off its shores, starting this year.  The minimum three-well campaign is targeting more than…

Prosafe inks another contract

Aug 18, 2015

Lundin Norway has exercised a one month option for the provision of the Safe Boreas semisubmersible accommodation vessel at the Edvard Grieg Project in the Norwegian sector of the North Sea. The one month option extends on site operations…

Accenture to buy Schlumberger unit

Aug 18, 2015

Global management consultancy and services firm Accenture has agreed to acquire Schlumberger Business Consulting (SBC), Schlumberger's management consulting unit. Accenture says the acquisition will expand its capabilities in helping…

Ampelmann supplies Gulf of Mexico

Aug 18, 2015

Dutch motion-compsenated gangway firm Ampelmann has been awarded a contract by Boa Marine Services (BMS) for a gangway solution for the ExxonMobil-operated Gulf of Mexico Julia project. The work scope of Ampelmann comprises transferring…

Amec inks Upper Zakum extension work

Aug 18, 2015

Amec Foster Wheeler has been awarded an extension to its existing project management consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) field, 84km northwest of Abu Dhabi.  The contract was award by the Zakum Development Co…

Wood Group revenues slide 20%

Aug 18, 2015

Engineering firm Wood Group has since its revenues slide 20% to US$3 billion as it suffers from the reduction in activity in the oil and gas sector caused by operators tightening their belts amid low oil prices. The firm, which has reduced its headcount 13% since December…

Shell, COSCOL sign transport contract

Aug 17, 2015

COSCO Shipping Co. Ltd. (COSCOL) has signed a contract with Shell Offshore Inc. for the transportation of the Appomattox semisubmersible offshore platform hull from South Korea to Ingleside, Texas. This contract was awarded as part of an enterprise frame agreement between Shell and COSCOL…

Shell approved to drill deeper in Arctic

Aug 17, 2015

The US Bureau of Safety and Environmental Enforcement (BSEE) has given Shell final approval to drill into deeper into hydrocarbon-bearing zones at its Burger J prospect in the Chukchi Sea, off Alaska, in the US Arctic. “After extensive review and under a robust array of safety requirements…

BP, Emerson extend contract

Aug 17, 2015

BP and Emerson have signed a global agreement for Emerson Process Management to provide automation technologies and aftercare services for BP’s upstream oil and gas operations. The new 10-year agreement extends the existing arrangement between the companies…

Hawkeye-1 disappoints

Aug 17, 2015

Otto Energy’s Hawkeye-1 exploration well, offshore Palawan basin in the Philippines, has been drilled to the planned total depth of 2920m. The top reservoir was intersected at 2710m. Hydrocarbons were logged between 2710m and 2737m in reservoir…

SUT to host two sessions at Offshore Europe

Aug 17, 2015

The Society for Underwater Technology (SUT) will host two deepwater technical sessions at Offshore Europe, providing a platform for organizations to demonstrate innovations that are pushing boundaries at new depths. The first session…

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