The UK offshore industry’s new regulator is to be given powers to fine oil and gas producers up to £1 million, and potentially £5 million, and to revoke licenses, under certain circumstances, it has been announced. Under a string of new…
UK-based North Sea explorer Independent Oil and Gas (IOG) has added the Hambleton discovery to its assets after its license covering block 48/22c was extended by 42sq km. IOG was awarded the block, which also contains the Elgood discovery…
What a difference two years make. Unrest in North Africa, the emergence of US shale and tensions with Russia have all put energy high on the agenda. OE spoke to Offshore Mediterranean Conference (OMC) 2015 chairman Innocenzo Titone about…
Alphastrut has expanded its operations by opening an office in Busan, South Korea. The Scotland-headquartered company has already enjoyed success in having its weight-saving aluminum support system specified for use on major North Sea platform developments for BP…
BP finally has filed – and won approval for – its long-awaited revised Mad Dog 2 development plan, records at the US Bureau of Ocean Energy Management show. The new plan calls for a 140,000 b/d semisubmersible floating production platform in 4440ft of water in Green Canyon block 780…
In Transocean’s fleet update, the Switzerland-based company says it will be scrapping four of its rigs and 16 floaters that will cost up to US$325 million. The Sedco Express. From Transocean. The Deepwater Expedition…
DNV GL has released the new Sesam GeniE 7, with new meshing capabilities. When engineers use the finite element method (FEM) to calculate the strength needed for offshore and ship structures to withstand forces such as wind and waves…
Siem Offshore Inc. is making a move to streamline its business by dividing into separate organizations. The Siem Symphony. From Siem Offshore. Siem Offshore OSV will be dedicated for…
Dramatic changes may be affecting Norway’s oil and gas sector, but PSA director-general Anne Myhrvold makes it clear that savings must not affect continuous safety improvements. Myhrvold. From PSA Norway…
OE is attending the Offshore Mediterranean Conference (OMC) in Ravenna next week. The event, of which OE is a media sponsor, is expected to be bigger than ever, with floor space increased 30% from 20,000sq m to 25,000sq m. More than 14…
EnQuest’s Alma/Galia development floating production vessel the EnQuest Producer has left its berth in Newcastle, northern England, where it was undergoing finishing and commissioning works, and has completed marine trials. The 249m-long unit…
The world’s first subsea wet gas compression system is ready to be installed on the seabed and tied back to the Gullfaks C platform, Norwegian oil firm Statoil has announced. The Gullfalks subsea wet gas compression system is being progressed…
The Duke, owned and operated by the Gardline CGG joint venture, has been selected by Geoscience Australia to acquire the Gippsland 2D Infill marine seismic survey offshore Victoria, Australia. Preparation for the project is underway and the expected start date is on 6 April 2015…
The US' National Oceanic and Atmospheric Administration is planning increased 2015 Arctic nautical charting operations, updating charts based on surveys conducted a hundred years ago. The so-called Arctic marine corridor project will…
US-exploration firm Anadarko Petroleum has awarded French geoscience outfit CGG a contract to acquire and process a 16,314sq km 3D seismic survey offshore Colombia. The survey will be the largest marine seismic program ever acquired in…