Offshore Well Operations News - page 9


Schlumberger to Avoid New Field Management Work

Mar 25, 2019

Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments while it seeks to monetize existing deals, the company's chief executive said on Monday.Paal Kibsgaard…

Expro Promotes Two Execs

Mar 21, 2019

Oilfield services company Expro announced Thursday it has promoted two company executives.Current Executive Vice President, Alistair Geddes, has been promoted to Chief Operating Officer (COO) with immediate effect, and Keith Palmer has been…

4Subsea Acquires Astori

Mar 20, 2019

Engineering firm 4Subsea said it has acquired Astori, a Norwegian provider of subsea control systems for well intervention operations.Astori delivers subsea control systems for simplified XT installations that can operate all types of XTs from all main vendors…

Sercel Launches DAS Seismic Solution

Mar 20, 2019

Seismic equipment and reservoir monitoring instrument manufacturer Sercel has launched its first distributed acoustic sensing (DAS) seismic solution.SigmaWave, designed in partnership with DAS specialist Fotech Solutions, integrates Fotech’s…

TechnipFMC Wins Johan Sverdrup 2 Contract

Mar 20, 2019

TechnipFMC said on Wednesday it has secured a contract from Norwegian operator Equinor for the delivery and installation of the subsea production system the at Johan Sverdrup Phase 2 development offshore Norway.The award covers the delivery…

Equinor Extends Island Offshore Contract

Mar 20, 2019

Norwegian offshore shipping company Island Offshore and TIOS (former Island Offshore Subsea, jointly owned by TechnipFMC and Island Offshore) will continue as suppliers of light well intervention services (LWI) for Equinor, with a new agreement signed for the use of Island Wellserver vessel…

Wellesley Hits Dry Well in North Sea

Mar 14, 2019

Norwegian oil and gas exploration company Wellesley Petroleum has drilled another dry well in the Norwegian section of the North Sea, 220 kilometers northwest of Stavanger.The explorer for oil and gas sees second dry well this year with latest probe using semisub Transocean Arctic…

Chevron to Use Subsea Compression at Jansz-Io

Mar 12, 2019

Aker Solutions announced Tuesday it has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia, marking the first time the technology will be used outside of Norway…

DEA Extends Concessions in Egypt

Mar 08, 2019

German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. DEA’s General Manager Sameh Sabry signed the new concession agreement. The new…

Plexus Bags Gazprom Contract Via Gusar

Mar 07, 2019

Aberdeen-based oil well technology firm Plexus Holdings said its Russian licensee Gusar had clinched its first major contract to supply gas exploration equipment to Gazprom.The contract covered the first year of an up to five-year jack-up gas exploration drilling programme on the Kara Sea Shelf…

NPD Extends Gullfaks C's Life for 17 Years

Mar 05, 2019

Equinor has gained approval from the Norwegian Petroleum Directorate  (NPD) to extend the producing lifetime of its Gullfaks C platform off Norway until 2036. This corresponds to the entire period of the production license.In its application…

Lundin's Barents Sea Well Comes Up Dry

Feb 25, 2019

Lundin Norway AS, the wholly owned subsidiary of European oil and gas exploration and production company Lundin Petroleum, has completed the drilling of exploration well 7121/1-2 S, targeting the Pointer and Setter prospects in PL767 in the southern Barents Sea…

Global Decommissioning Set for Record Levels in 3 Years

Feb 22, 2019

With the global offshore decommissioning industry expected to reach $36bn over the next 3 years, several hundred offshore oil and gas wells could cease production by 2021 in the face of today’s bearish oil market.As a consequence, so-called…

Stena Forth to Drill Guyana Offshore Well

Feb 21, 2019

Eco Atlantic Oil & Gas Ltd and partners have contracted a rig, the Stena Forth, to drill the Jethro-Lobe prospect on the Orinduik block, offshore Guyana.'Eco (Atlantic) Oil & Gas, along with its partners in the Orinduik Block, offshore Guyana…

Exploration Comes-back with a Bang

Feb 20, 2019

After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be “elephant” finds, according to Rystad Energy.The energy research and business intelligence…

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