The latest appraisal well on the giant Johan Sverdrup field in the Norwegian North Sea found a deeper reservoir thickness than expected, said operator Lundin Petroleum AB (Lundin Petroleum). Appraisal well 16/3-7, located in the south-eastern part of PL501…
Statoil has started production from the Visund North oil and gas field in the Norwegian sector of the North Sea. The total recoverable reserves are estimated at 29MM boe and the total investment for the field development is NOK3.3 billion…
TGS, in partnership with BGP, has started acquisition of 2D seismic, gravity and magnetic multi-client surveys offshore Madagascar using the M/V Challenger. The surveys, MAJ-13 and MS-14, will add 7025 km of new 2D seismic data to extend and infill the existing 33…
CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever proprietary 3D wide-azimuth program to be conducted worldwide…
Keppel FELS Limited (Keppel FELS) has won a US$1.1 billioncontract from Transocean Ltd. (Transocean) to build five KFELS Super B Class jackup rigs. The rigs are scheduled to be delivered between Q1 2016 to Q3 2017. In addition, Transocean…
Viking Offshore & Marine will partner with Chan Kwan Bian (Chan) to construct a $180MM drilling jackup rig, marking Viking’s entrance into the rig building and rig charter market. Executive Director Daniel Lin said that with this agreement…
Singapore-based investment-holding company SEA9 Pte. Ltd. moved to acquire all the issued and paid-up ordinary shares in the capital of Kreuz for S$0.80 per ordinary shares in the capital of Kreuz. Swiber will receive a consideration of S$256…
ThoughtStream: Opinion Over many decades, shipping has actually become safer and cleaner, not to mention more cost-effective. International rules and regulations in relation to the safety of life at sea or safety in general have been traditionally developed and implemented with great success…
Colloquy: Editor’s Column BP will invest US$100 million in high-performance computing over five years, and part of that is being spent on a new facility at the Westlake campus in Houston, housing the world’s largest super computer for…
Exxon Mobil Corp. has received extensions on three of its production sharing contract licenses offshore Madagascar, the company announced on 6 November 2013. The supermajor said the extensions will enable the resumption of exploration activities on the Ampasindava…
Eni Norge provides this video clip of the living quarters being lifted into place at the Goliat FPSO. Lifting the modules, required the use of a crane with the capacity to lift 1.6 million kg, ENI said. The five-level living quarters modules weighed 1100 tonnes…
Angus Lugsdin, business development manager at Tritech International, outlined the value of multibeam sonar technology for real-time integrity monitoring at a technical session on structural integrity at Aberdeen’s Offshore Europe Conference in September…
During Weatherford's earnings conference call on Nov. 4, Chief Administrative Officer Dharmesh Mehta discussed the company's upcoming divestment plans. 'During Q3, we made good progress on our old oil divestiture program. The following…
Innovate or die. Newer and better tech is always needed in the oil & gas industry –even when companies aren’t exactly shouting to be first in line, OE asked: “How can technology innovation improve?” The offshore opportunity is vast…
Aberdeen-based subsea installation contractor Bibby Offshore has purchased two Sprint subsea inertial navigation systems from Sonardyne International Ltd. to support ROV operations carried out by its new offshore survey business division…