Classification group ABS has approved the design and certified GMS' cantilever system for its self-elevating support vessel (SESV) GMS Evolution, delivered in May 2017. As an industry first, GMS Evolution is fitted with a small removable skidding cantilever system…
Hurricane Energy has been given approval to move forward with its West of Shetland fractured basement Lancaster field early production system (EPS). The Lancaster EPS is a two-well tieback to a floating production, storage and loading facility…
Renowned for its agriculture and livestock industries, Uruguay has sought to expand its oil and gas exploration and production sector over the past decade. The South American nation hopes that its third offshore licensing round will attract…
Advisory firm Glass Lewis has recommended that Ensco plc shareholders vote “FOR” the US$839 million proposed all-stock transaction with Atwood Oceanics at the company’s upcoming general meeting of shareholders on 5 October 2017. “…we…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig. The Sedco Express ultra deepwater floater will be scrapped…
French oil major Total says it has agreed to capture seven prospects, over 16 Chevron-operated blocks in deepwater Gulf of Mexico (GoM), in a move that analysts say could revitalize Total's GoM portfolio. Map…
Providence Resources will proceed with drilling plans for its Barryroe appraisal project offshore Ireland, despite failing to consummate a farm-in agreement with Total. Providence's Ireland acreage in SEL 1/11…
LQT Industries has completed the construction and outfitting of two single lift accommodations projects for two oil and gas companies. The first project completed is a three-story new build single lift accommodations facility for a company in South America…
Plexus Holdings has been awarded a contract with new customer Rosneft’s Vietnam subsidiary to supply its POS-GRIP high pressure high temperature (HPHT) adjustable rental exploration wellhead equipment for an exploration well offshore Vietnam…
Hyperdynamics will seek a two-year appraisal period to test the Fatala prospect area for commercial resources, but will go solo after partner South Atlantic Petroleum (Sapetro) decided to withdraw from the joint operating agreement (JOA)…
Independent oil firm i3 Energy says detailed engineering studies into a tieback for its Liberator field have started. The firm is looking to tie the field into the Blake field host infrastructure, then through the Bleo Holm floating production storage and offloading (FPSO) vessel…
The BP-led Shah Deniz consortium is on track for first gas for stage 2 of the giant project next year, following the installation of the last two major topsides facilities in the Caspian Sea, offshore Azerbaijan. Shah Deniz 2 PR platform installed…
ROV services firm M² Subsea has unveiled its recently commissioned purpose-built test tank at the company’s base in Westhill, Aberdeenshire, UK. The indoor fresh water tank, which can hold 73,600 liters of water, has been created for testing ROVs and ancillary equipment…
Alpha Petroleum Resources has inked a contract with Awilco Drilling for drilling 18 development wells on its Cheviot field development in UK North Sea. The drilling, using the WilPhoenix semisubmersible drilling rig, will take about 1080 days and is due to start in Q2 2018…
Aker Solutions has won a contract from Statoil for front-end engineering and design of a new module to increase output at Troll, one of Norway's largest natural gas fields. The order includes an option for engineering, procurement, construction and installation of the module…