DONG Energy has acquired the remaining 66.66% ownership interest in the UK offshore wind development Hornsea Project One from its joint venture partner SMart Wind. DONG Energy entered into the joint venture with SMart Wind in December 2011…
Sperry Drilling, a Halliburton (HAL) business line, has introduced a 4-3/4 inch slimhole size to its XBAT LWD service. HAL’s portfolio now includes 4-3/4, 6-3/4, 8 and 9-1/2 inch tools, which allows the XBAT tool to service wellbore holes ranging from 5-3/4 to 36 inches…
Aqualis ASA and Tristein AS have merged into Aqualis Offshore AS. Aqualis ASA acquired Norwegian company Tristein AS in April 2014. Tristein has since operated as a stand-alone entity as part of the Aqualis Group. Now the company is…
Chevron’s subsidiary Chevron Mauritania Exploration acquired a 30% non-operated working interest from Kosmos Energy in three blocks offshore Mauritania, Africa. Map from Kosmos. Blocks C8…
Outland Technology (Outland) has come out with a new underwater HD Camera, model UWC-625. The UWC-625 comes standard with an XSK-5-BCL, allowing it to run on all existing Outland cables still out in the field, and can transmits HD 1080P over standard Outland coax cable…
Teledyne Technologies has acquired Aberdeen-based Bowtech Products through its UK-based subsidiary. Bowtech designs and manufactures harsh underwater environment vision systems. Founded in 1989, Bowtech is a leading supplier of rugged…
Development drilling has started on the INPEX-operated Ichthys gas-condensate field, part of the Ichthys LNG Project about 200km offshore Western Australian. The first of about 20 horizontal production wells to be drilled was spudded 3 February…
Damen Shipyrepair Rotterdam has won a new significant contract from Technip for dry-docking, upgrades and operational modifications to the deepwater rigid pipe S-lay and heavy lift vessel, the Global 1200. The vessel arrived at the yard in January 2015 (pictured)…
Statoil's newly appointed CEO and president Eldar Sætre says Statoil is 'well prepared' to tackle the large uncertainty facing the oil and gas industry, amid five-year low oil prices. Sætre (pictured), who has been acting CEO and president of Statoil since October…
Wood Group Kenny (WGK) has secured a contract with Woodside to provide the front end engineering design (FEED) of the flowline system, and associated procurement support, for the proposed Greater Western Flank Phase 2 (GWF-2) development for the North West Shelf (NWS) Project…
Petróleo Brasileiro S.A. – Petrobras confirmed a light oil and gas discovery by at the third extension well in the ultra deepwaters of Sergipe basin’s Farfan area, off Brazil. Farfan map. From Petrobras…
Shell is to start a 30-day public consultation on the decommissioning process of the Brent field in the North Sea, beginning mid-February. Brent field. From Shell. The decommissioning program will begin with the Brent Delta platform…
Voluntary oil production cuts to support oil prices have been ruled out in favor of a brutal process of natural selection to correct the market. The most efficient producers will be left standing as growth slows and companies cut capital budgets and reduce headcounts…
CNOOC began production at its 100% owned and operated Jinzhou 9-3, offshore China. Image from CNOOC. The Jinzhou 9-3 oilfield is located in the North Liaodong Bay in Bohai in 6.5-10…
Belgium’s Exmar announced in its quarterly report that operator Pacific Rubiales Energy will delay start-up for the Caribbean FLNG project offshore Colombia, which was to be the first operational FLNG facility. Exmar said that Pacific…