Drydocks World is to build an external turret mooring systems for JX Nippon’s Layang field floating production vessel offshore Malaysia. Under a contract with UK-based naval architects Orwell Offshore, Dubai-based Dydocks World is expected to supply the turret system by Q1 2016…
Shell’s Executive Vice President, Arctic, Ann Pickard discussed the supermajor’s investment and current challenges facing its Arctic exploration program at this year’s Offshore Technology Conference (OTC) in Houston on 5 May 2015. In the summer of 2015…
With West Texas Intermediate trading at US$60.13/bbl and NYME natural gas set at $2.94/MMBtu, hydrocarbon producers are looking for ways and means to survive the low price environment. Some of those that are best weathering the storm are those that made specific choices before the fall…
Mobile satellite communication services provider Inmarsat announced that the Global Xpress (GX) and FleetBroadband terminals –manufactured by Intellian – are approved for use with FleetBroadband Xtra. Designed to enable high-speed broadband connectivity…
Houston-headquartered engineering firm McDermott has made nearly 1700 job cuts following a review of the company's cost structure. The firm says 475 were cut up to March, through organizational efficiencies, which have helped save some US$27…
Engineering and project management firm Atkins has own a pre-front end engineering and design decommissioning contract with Centrica Energy. The five-year agreement will see Atkins provide UK-based Centrica with engineering and design services…
Diamond Offshore's Ocean Victory semisubmersible drilling rig has arrived in Trinidad and Tobago to start drilling operations for BP. The rig, which is currently taking on personnel, equipment and supplies, in port, is due to move to the Juniper field…
Premier Oil is planning to make sanction decisions on its Falkands Sea Lion and Norwegian Vette developments in 2016, the operator said this morning. The plans come as the firm says it is making “improved progress” on the completion…
The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd. Permit year 5 will now end 26 October, plus give…
UK-based Independent Oil and Gas has started a 3D seismic remapping project over its southern North Sea gas portfolio. The project is being carried out on a phased basis, with the first results expected by the end of May. The first phase will cover IOG's core southern North Sea area…
Massy Wood Group has been awarded a five year contract, worth up to US$250 million, by BP to provide services to its operations in Trinidad & Tobago. The company, which is jointly owned by UK-based Wood Group PSN (WGPSN) and the energy division of Massy Holdings…
French seismic firm CGG has launched a western extension of the Horda BroadSeisTM-BroadSourceTM 3D multi-client program it began acquiring in the Northern North Sea offshore Norway in 2014. The extension, known as Tampen, is in the Northern…
Mooring installation has gun at Inpex's Ichthys field in Australia's Browse Basin, the company announced on 8 May 2015. The first of 49 foundation piles was safely deployed and driven into the seabed on Wednesday, 6 May 2015, in 250m water depth…
FMC Technologies appointed Douglas J. Pferdehirt president of the company. Pferdehirt assumes this responsibility from John T. Gremp who remains chairman and chief executive officer. Pferdehirt previously served as executive vice president and chief operating officer…
Ghana is an emerging oil and gas producing country with “enormous potential,” says Alex Mould, chief executive of Ghana National Petroleum Corp. (GNPC). “We are looking for joint ventures and strategic alliances.” Mould made his comments at the recently held Offshore Technology Conference…