CGG GeoSoftware has released a series of software across its reservoir characterization product portfolio. The delivery of InsightEarth 3.1, Jason 9.6, PowerLog 9.6, EarthModel FT 9.6 and VelPro 9.6 offer more productive workflow solutions…
Hurricane Energy has reported a sustainable flow rate from a horizontal side-track well at its Lancaster discovery, West of Shetland, offshore the UK. Image from Hurricane. The…
More than 3 billion boe remain in some 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by the Oil and Gas Authority (OGA). Of the 3 billion, the majority are 'small pools,' defined as less than 50 MMboe technically recoverable…
Dril-Quip has entered into an agreement to acquire Houston-based TIW Corp. for approximately US$143 million, subject to closing adjustments. TIW is a 100-year old manufacturer of consumable downhole products for the global oil and gas market…
SeaBird Exploration, a provider of marine acquisition for 2D/3D and 4D seismic data, will acquire a 2D long-offset survey in Belize, starting mid-October 2016. SeaBird will use the Northern Explorer to acquire the survey and the anticipated duration of the program is three to four weeks.
Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for the Petronas NC3 gas field, located in Block SK316, 200km north of Bintulu, Sarawak in Malaysia. Trelleborg provided PAPE Engineering…
Statoil has made an oil and gas discovery at the Njord North Flank in the Norwegian Sea that could potentially hold up to 28.3 MMboe, according to partner Faroe Petroleum. The Songa Delta, from Songa Offshore…
Aker Solutions won a contract from Statoil to build the pipeline facilities, modifications and tie-ins needed at the Mongstad terminal to receive oil from the North Sea Johan Sverdrup field. The contract, valued at about US$42.5 million (NOK 350 million)…
Oceaneering International has acquired privately-held Blue Ocean Technologies, a provider of riserless light well intervention (RLWI) services, in a US$30 million cash deal. Included in the acquisition are three RLWI systems, two of which are currently under construction…
QGEP Participações entered into an agreement with its partner, Pacific Brasil Exploração e Produção de Óleo e Gás Ltda., to acquire working interest in three blocks in the Foz do Amazonas and the Pará-Maranhão basins (PAMA), offshore Brazil…
Polarcus entered into a memorandum of understand (MoU) to collaborate with TGS-NOPEC Geophysical Co. to jointly develop selected 3D multi-client projects. New projects taken under the collaboration agreement will be announced separately as they occur…
Sevan Drilling and Cosco have agreed to exercise the third six-month option to extend the deferral agreement of the Sevan Developer cylindrical drilling rig to 15 April 2017, delaying the unit an additional six months. The final delivery instalment has been amended to US$499…
Maersk Drilling has named its fourth XL Enhanced ultra harsh environment jackup the Maersk Invincible, on 14 October at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea. Maersk Invincible…
Norwegian operator Statoil is dealing with a well control incident on the Songa Endurance semisubmersible drilling rig at the Troll field in the Norwegian North Sea. The incident started on Saturday (15 October) morning. The well was…
Norway's Petroleum Safety Authority (PSA) is investigating a fire on Statoil's Statfjord A platform yesterday (16 October) morning. The operator said the fire started in a loading pump in the utility shaft on the platform. No one is reported to have been hurt and the fire…