Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, is pleased to announce that the drilling of exploration well 6406/6-3 has commenced. The well will target the Mjøsa gas prospect, which is located 10 km northeast…
Cairn is pleased to announce it has secured a long term contract with Transocean for the “Cajun Express” drilling unit. The rig, which is on an initial one-year contract, will be used on Cairn’s planned multi-well frontier exploration programme in Senegal…
Premier Oil's Huntington field in the central North Sea came on stream on Friday using Sevan Marine's Voyageur Spirit FPSO.After an initial ramp up period, the field is expected to produce 25-30 kboepd (gross), said Premier. For Premier it is…
Exploration could be radically altered by a simple idea, Victor Schmidt explains, saving industry months and millions. How does the offshore industry evaluate a new deepwater play? Conduct geologic research, examine studies, collect samples…
2012 was a big year for marine seismic in NW Europe. Andrew McBarnet asks whether we can expect a repeat in 2013. The summer season offshore NW Europe is often seen as the bellwether of the marine seismic industry’s state of health. This was definitely the case in 2012…
The offshore industry is perhaps the single most demanding environment for assets. Exposure to the elements, the remote nature of drilling equipment, limited space, a volatile project-oriented environment, and risk management concerns, all…
The global rig market is strong, with high utilization, high day rates, and nearly 200 offshore drilling rigs under construction. Drilling contractors are changing their fleet makeup, modernizing, streamlining, and concentrating on market sectors…
With increased focus on the negative impact of subsea noise on the marine environment, regulators are considering action. Until then, different stakeholders are working together to develop a range of technical solutions to manage the issue…
Newcastle University is to lead a national centre for subsea and offshore engineering as part of a major drive to develop new materials and technologies to explore the world’s oceans. The Neptune National Centre for Subsea and Offshore Engineering…
Woodside will not pursue its proposed Browse LNG development near James Price Point in northwestern Australia, the company announced on 12 April 2013.Following the completion of a technical and commercial evaluation, Woodside determined that…
The US Senate confirmed Sally Jewell, CEO of US-based retailer Recreational Equipment Inc. (REI), as the next Secretary of the Interior department.President Barack Obama and Sally Jewell applaud outgoing Interior Secretary Ken Salazar (Official…
Hyundai Heavy Industries (HHI) has announced it won a US$1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd. Hyundai Heavy will carry out engineering, procurement, and construction…
The Bureau of Ocean Energy Management has released a Final Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sales 233 and 231, the third and fourth sales scheduled in the current 2012-2017 Five Year Program.(Image…
Bibby Remote Intervention Limited (BRIL) has successfully secured a contract with the potential of a seven year commitment. Centrica Energy has awarded a three year contract with two, two year extension options, worth up to £40million. It is the largest Inspection…
Salamander Energy has made a potential gas discovery at its North Kendang-1 exploration well inside the South East Sangatta PSC, the company announced on 11 April 2013.Ocean General (Image: Diamond Offshore)Drilling operations were suspended at the well after encountering high pressure gas…