BP and EnQuest signed a US$85 million deal that will see EnQuest take over operatorship and 25% stake in the Magnus oil field in the North Sea, with a future option to take full ownership of the field. Image from EnQuest…
W&T Offshore has received approval for a capex of US$125 million that will set up the Houston-based company to drill six to eight wells in the Gulf of Mexico this year, with its priority going to its Mahogany field. Image from iStock…
Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has entered into a US$6.1 million one-well contract extension with Statoil for use of the Bideford Dolphin semisubmersible drilling rig. on the Norwegian Continental Shelf. The vessel…
Houston’s Ensco agreed to an amendment with Samsung Heavy Industries (SHI) for the ENSCO DS-10 drillship construction contract that will see the delivery extended again until 31 March 2019. Ensco said it may elect to take delivery of…
GulfMark Offshore’s Norway subsidiary, GulfMark Norge, has taken delivery of Arctic class platform supply vessel (PSV), the North Barents, from Simek Shipyard in Norway. North Barents, a ST-216 Arctic design by Skipsteknisk is the third of this type to be built for GulfMark…
Fluor was awarded a two-year engineering services framework agreement with North Caspian Operating Co. (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region. NCOC operates oil and gas activities under the North Caspian Sea production sharing agreement…
Teledyne Gavia, manufacturer of the Gavia autonomous underwater vehicle (AUV), has released a side scan/bathymetry module that incorporates US-based Klein Marine Systems’ UUV-3500 high-resolution side scan sonar with optional bathymetry sonar…
Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Reid Berger Stokke to head its new line of business, GM Solutions. GM Solutions will…
Subsea Technology & Rentals (STR) will release their SeaGamma Flooded Member Detection System at Subsea Expo Exhibition 2017. Gamma Flooded Member Detection (FMD) is used for the inspection and monitoring of subsea structural members for the detection of water ingress…
Byron Energy is weighing a change in development concept for the South Marsh Island 71 (SMI-71) discovery, in the US Gulf of Mexico. The new plan sees the operator opting for a manned platform over an unmanned facility, says 50-50 joint venture (JV) partner Otto Energy…
Hydraulic cutting systems specialist, Webtool, announces a resettable emergency disconnect (ED) cutter for light and medium subsea well intervention. As an integral part of either a workover tool or dedicated emergency disconnect package…
The Thunder Horse South Expansion project, in the deepwater Gulf of Mexico, has started up 11 months ahead of schedule, supermajor BP announced today (23 January). Illustration of the expansion at Thunder Horse…
Gazprom Neft has commissioned two new production wells at its Prirazlomnoye field in Russian arctic waters. The new wells bring the total number of wells currently in operation at the Prirazlomnaya platform to 10, six of which are production wells…
Xodus Group has won a contract with North Sea operator Apache to deliver subsea engineering services for two new infill well developments at the Nevis and Skene fields in the northern North Sea. The project includes a novel idea of designing…
Drilling has started on Cairn Energy's latest exploration campaign offshore Senegal, according to partner FAR. Cairn Energy is using the Stena DrillMAX drillship to drill the SNE-5 well, which was spudded on Saturday, which will be followed by the SNE-6 well…