KrisEnergy encountered oil and gas pay at the Rossukon-3 exploration well in the Gulf of Thailand. Image from KrisEnergy. Rossukon-3 is located in the G6/48 contract area that covers 566sq km over the Karawake basin…
Ceona entered into a joint venture with Seaweld Engineering, which will act as a strategic partner for offshore deepwater construction projects in Ghana. The Ceona Amazon. From Ceona. The…
Lundin’s first development project offshore Malaysia, the Bertam field, is now onstream, with plans to continue with production from remaining wells throughout 2015. Malaysia drilling operations…
The 22,000-tonne topside for the new offshore platform for the Lundin Norway-operated Edvard Grieg field is ready for delivery, in line with the contract awarded three years ago. Image of the Edvard Grieg project…
Cortland Company is opening a new synthetic fiber testing and fabrication facility in Sugar Land, Texas. Cortland's Houston area testing facility. From Cortland. Services from…
The US Department of the Interior (DOI) is reviewing Shell's Arctic drilling plans, according to a recent Reuters report. On 31 March, DOI issued a record of decision affirming Shell’s Arctic leases from the Chukchi Sea OCS oil and gas lease sale 193 from 2008…
French vessel operator Bourbon confirmed that three Nigerian crew members were kidnapped off one of its crew boats, the Surfer 1440, offshore Nigeria. Image from Bourbon. In a statement…
The Statoil-operated Gullfaks gas field in the Norwegian Sea will use Nexans' innovative power umbilicals combining power, fiber-optic and hydraulic lines in a single cross section. The cables were handed over to Statoil this month. The…
A new offshore drilling safety rule proposed by the Bureau of Safety and Environmental Enforcement (BSEE) is expected to improve safety offshore in response to the Deepwater Horizon incident five years ago. The proposed rule, 30 CFR Part 250…
The official naming ceremony took place for Bibby Offshore’s IRM (inspection repair and maintenance) light construction vessel, the Olympic Bibby, at the Kleven Shipyard, Norway. Bibby Offshore signed a charter agreement with Olympic Shipping in March 2014 for the newly built Olympic Bibby…
Petrobras awarded Subsea 7 a two-year US$200 million contract for continued use of its Seven Seas construction and flex-lay vessel for the installation of flexible lines. The contract work scope will be similar to that of other Subsea…
Karoon Gas Australia made a discovery at the Echidna-1 exploration well, the third in the Santos drilling campaign, offshore Brazil. Image from Karoon. According to the Australian company…
Aker Solutions and Fjords Processing have formed WellSep, an alliance to develop technology and capabilities for advanced wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The alliance…
The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector; the price required for companies to be cash flow neutral in 2015 has dropped by over US$20/bbl to $72/bbl. Wood Mackenzie believes further…
Statoil confirmed its second discovery in the Aasta Hansteen area with the Roald Rygg prospect in the Norwegian Sea. Map of Roald Rygg. From Statoil. The gas discovery was made at…