Sercel announced today that its recently launched downhole seismic array tool, GeoWave II, broke temperature records during field trials. This performance represents the world’s first borehole seismic survey to be acquired with a digital…
Pancontinental Oil & Gas and its L10A joint venture partner, PTTEP of Thailand, issued to operator BG Kenya their notices of withdrawal from Block L10A in the Lamu basin offshore Kenya. Subject to ministerial consent, Pancontinental’s 18…
Oil majors BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total are jointly calling for international governments and the United Nations to introduce carbon pricing systems which could eventually be internationally connected. In what…
Houston-headquartered Endeavour International has put itself up for sale. The business, focused on the UK North Sea, says it is looking to sell all or substantially all of its North Sea oil and gas assets, with Blackstone Advisory Partners acting as financial advisor…
Rocksource CEO Terje Arnesen is stepping down from the company today after a mutual agreement with the firm's board. The Norwegian company has also agreed with Hans Petter Klohs that the services provided under a consultancy agreement for the CFO position will end as of 31 August…
Apparently undeterred by low oil prices, oil and gas output from ultra deepwater (>1000m water depth) fields will continue the relentless growth seen in recent years. Image from Shell. In…
Norway's TGS-NOPEC has agreed to take up a contract option with Polarcus, extending its lease of the Polarcus Adira for an additional two months, folloing on from its existing three-month contract. The vessel has already started the contract…
Gibralter's Gibdock shipyard has officially opened its new Pad 1, a specialized area for land-based fabrication projects, including pre-fabrication prior to vessel arrival. The 2940sq m purpose-built pad supported 12-tonne/sq m load-bearing workspace to support the firm's project scopes…
Statoil and ExxonMobil are seeking ways to develop the multi-trillion cubic feet of gas resources they have found in Block 2 offshore Tanzania. Elaine Maslin takes a look. If you speak Swahili…
Audrey Leon spoke with Schlumberger’s Alexander Neber, technical marketing manager, Software Integrated Solutions (SIS), to discuss how software can solve reservoir engineering and other deepwater exploration challenges. OE: What are…
A milestone is about to be reached in the tidal energy industry off the cold harsh coast of Scotland. Elaine Maslin talked to the project director behind the MeyGen tidal array development. Atlantis Resources’ AR1500…
John Bradbury reports on new equipment designs for risers and umbilicals from DeepFlex and Technip, which the two top-tier players say can stretch the performance envelope. Umbilical spools on Technip Umbilicals’ quayside in Newcastle…
Elaine Maslin takes a look at Fincantieri’s latest ultra deepwater drillship design – Proxima, sporting twin cylindrical drill towers and two moonpools. Fincantieri’s Proxima drillship design…
Russian arctic oil exploration is facing an uphill battle against international sanctions and low oil prices. But, the country’s oil companies and government are still keen to find produce their icy black gold. Eugene Gerden reports. The…
Inspiring the next generation sets the theme for this year’s SPE Offshore Europe 2015. OE takes a look at what’s in store at this year’s event. Offshore Europe 2014. In under three months’ time…