Total announces the restart of production on the Elgin/Franklin area on 9 March 2013, following the approval of the safety case by the UK Health and Safety Executive (HSE).Production resumes gradually and should soon reach close to 70,000 barrels of oil equivalent per day (boed…
Global oil and gas service provider AGR boosted its Australian business with the launch of a new division within the region and growth of its existing Perth-based offer. David Grant (Image: AGR)AGR’s new Subsea Project Management division enhances the company’s current service portfolio…
Ocean Installer won a contract for umbilical installation at the Bittern field in the North Sea by Shell UK Ltd, the company announced on 7 March 2013.Normand ClipperThe scope of the work is to install two new static umbilicals of 20.7 km and 1…
All American Aviation LLC will be the first helicopter operator to provide offshore oil and gas transport service in the Gulf of Mexico using new Eurocopter AS350B3e AStar helicopters, American Eurocopter announced on 7 March 2013.AS350B3e…
IFS, the global enterprise applications company, announces that Sevan Drilling ASA, an international ultra-deepwater (UDW) drilling contractor, has chosen IFS Applications for Offshore Service to streamline its onshore and offshore operations…
Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…
Marine service group James Fisher and Sons is to buy diving equipment firm Divex for up to £33million.The deal will see UK-based James Fisher and Sons pay an initial consideration of £20m in cash plus a further maximum additional consideration of £13m linked to future profitability targets…
Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquires 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by ExxonMobil, under an agreement signed by the two companies. Rosneft President Igor I…
Just as CNOOC’s Fanrong Li’s luncheon keynote speech came across as defensive, Canada’s Minister of Natural Resources Joe Oliver followed a similar trail in his address at IHS CERAWeek on Wednesday. Oliver passionately made the case for his country’s oil sands…
Energy executives celebrated the oil and gas industry’s trend upward at IHS CERAWeek’s 32nd annual conference in Houston.Saudi Aramco CEO Khalid Al-Falih speaks at IHS CERAWeek on Tuesday 5 March (Photo: Audrey Leon/OEDigital)“Exaggerated…
The newbuild semisubmersible La Muralla IV arrived in Mexico waters after a 16,200-mile journey.Fairmount Marine’s tug Fairmount Glacier delivered the semisubmersible La Muralla IV to the Bay of Campeche, Mexico. The rig was towed from Okpo…
Seadrill has exercised fixed price options for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The rigs are scheduled for delivery during the third and fourth quarter of 2015…
Subsea 7 today announced the award of a contract valued at approximately US$380 million from Statoil for the Aasta Hansteen gas field, located west of Bodø in the northern part of the Norwegian Sea.The contract comprises the design, coating…
Offshore engineering firm GMC Ltd. provides this video of the 2,500-ton CX-15 buoyant tower, touted at the world's largest, being installed at Corvina Field off Peru for BPZ Energy. The tower hull measures 69.9m with four, ring-stiffened…
US President Barack Obama announced on Monday that he will nominate Ernest Moniz and Gina McCarthy to fill vacancies at the Department of Energy and the Environmental Protection Agency, respectively. Obama nominated Ernest Moniz to US Department…