A closer look at the integration and delivery of first oil in Mars B through the Olympus tension-leg platform.
Marine energy technology has been in development for decades and, in the past 10 years, interest and investment in marine and tidal technologies have increased. However, marine energy still lags 15-20 years behind offshore wind, says Kevan Stokes…
Metocean Services International (MSI) recently completed a deepwater current measurement program offshore Namibia for Repsol Exploration with 100% data return. Repsol as operator of a partnership including Tower Resources Plc and Arcadia…
Shell announced it has begun production from the Mars B development through Olympus, its seventh, and largest, floating deepwater platform in the Gulf of Mexico. It is the first deepwater project in the region to expand an existing oil and gas field with significant new infrastructure…
BP has reported a fall in profits in 2013, as the company feels the brunt of its divestment program. Underlying replacement cost profit for Q4 was US$2.8 billion, compared with $3.9 billion for Q4 2012. Full-year underlying replacement cost profit was $13…
Masirah Oil Ltd. has said hydrocarbons were found in several formations during exploration well drilling in Block 50, offshore Oman. The well was Masirah's second in Block 50, and reached afinal depth of 3000m in the Cambrian formation…
Total is to sell its 15% interest in the offshore Angola Block 15/06 to Sonangol E&P for about $US750 million. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus…
Spain's Zamakona Yards has launched its second Havyard HY820-design field support and emergency response vessel, the Ocean Marlin. The vessel, which is due to work in the North Sea for French oil major Total from Q2, is the second of three vessels Zamakona Yards will launch…
Premier Oil CEO, Simon Lockett, announced his plans to step down from the company once a successor can be found. Lockett's move follows Premier Oil's concept select decision on the Sea Lion development, a 394MM boe project, in 450m water depth…
Royal Boskalis Westminster subsidiary SMIT Salvage has been awarded a contract to remove a damaged jack-up platform from the seabed offshore Angola. During its installation near a pigging platform in July 2013, the platform suffered a…
UTEC’s Jim Edmunds explains how the company’s geoROV tool can assist with geotechnical surveys. Geotechnical surveys are a prerequisite for establishing engineering soil parameters to enable robust and efficient seabed interaction design solutions – foundation design…
The Dudgeon Offshore Wind Farm development, off North Norfolk, England, is moving forward. In January, partners Statoil and Statkraft announced they awarded Siemens plc two contracts valued at US$848 million, covering the supply and service of 67 wind turbine generators (WTG)…
Aberdeenshire-based subsea specialist ROVOP has expanded its fleet of remotely operated vehicles (ROVs) by taking delivery of four new hydraulic work class systems, with a further four new ROVs expected later in the year. The company…
Now that reform has passed in Mexico, GlobalData’s Adrian Lara weighs in on what to expect from the country’s budding energy industry. Mexico has approved its most liberal reform concerning its energy sector. It introduces new arrangements such as profit-sharing contracts…
On 30 Jan 2014, House Government Bill C-22 was introduced in the second session of Canada's 41st Parliament, amending the Canada Oil and Gas Operations Act for, among other matters, new requirements for regulatory preauthorization of…