Technip is investing more than US$84.7 million and more than four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France. This plan focuses on the installation of new-generation machines and site optimization to fit 12m diameter reels…
McDermott International delivered its 7,200-ton riser support structure (RSS) tower for the Ichthys project in the Browse basin, about 124mi off Western Australia. Engineered in Singapore and fabricated on Batam Island, Indonesia, the RSS tower is more than 328ft tall…
Centrica Energy discovered gas at the Pegasus West discovery in the southern North Sea. Image of the Paragon 391 jackup at Pegasus. From Centrica. The Pegasus area is 150km east of Teesside…
Statoil Petroleum awarded Interwell a frame agreement for the scope of completion services in the Norwegian Continental Shelf (NCS). The six-year contract has an initial period of two years with two additional optional periods of two years.
Following Netherlands-based Royal Boskalis Westminster’s acquisition of 14.8% stake in Fugro on Friday, Fugro reaffirmed the company’s intent to stay independent on Monday, 10 November. “Fugro highly values its position as the world leading…
GDF Suez Norge awarded RSI a three-year, US$2 million quantitative geophysical services frame agreement in Norway. The scope of the services covers geophysical well log analysis, rock physics, seismic reservoir characterization and electromagnetic inversion and integration.
Oil & Gas Innovation Centre’s (OGIC) Ian Phillips, OGIC chief executive, will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries at the 20thSPE ICoTA Well Intervention Conference in Aberdeen this week…
Underlying structural issues with the North Sea exploration sector will need to be ironed out before the true impact of the latest licensing round and other recent UK licensing rounds is known, says oil and gas advisory firm Hannon Westwood…
Baker Hughes Inc. issued the October 2014 international rotary drilling rig count today, showing a total of 1308 rigs operating worldwide in October 2014, outside of the US & Canada. International activity in October was down 15 rigs from the 1323 rigs drilling in September 2014…
Statoil’s final well in its 2013-2014 drilling campaign, wildcat well 7227/10-1, has come up dry and is permanently being plugged and abandoned, according to the Norwegian Petroleum Directorate (NPD). Map from Statoil…
Atkins installed the subsea oil storage tank on the 40 million barrel Solan field west of Shetland, in the UK. Solan tank arrives on site. From Atkins. Fabricated at Dry Docks World Dubai…
The UK Government has announced that 134 licenses, covering 252 blocks, are being offered in the 28th offshore licensing round. Statoil, Total, Nexen, and EnQuest have the largest haul of operated licenses offered. A large number of smaller…
Andy Samuel, currently Managing Director of BG Group’s Exploration and Production in Europe, has been appointed as the inaugural CEO of the newly formed independent UK regulator, the Oil and Gas Authority (OGA). The UK government is…
BP is assessing a further phase development on its west of Shetland Clair field, which could see another new, large central processing facility built in the field. The move will seek widely spread areas of the estimated 7-8 billion barrel oil originally in place Clair field…
Statoil has decided to suspend two new rigs due to overcapacity in the rig portfolio. The semisubmersibles Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended. The Transocean Spitsbergen…