OMV (Norge) has made an oil dioscvery on the 7324/7-2 Hanssen well, in production license 537, in the Barents Sea. The Hanssen discovery was made about 7km northwest of the 7324/8-1 Wisting Central oil discovery and about 315km north of Hammerfest…
A cost reduction program has meant Total has now decided to move forward with its West of Shetland Edradour subsea development, the French oil major said today. Edradour, in Block 206/4a, in about 300m water depth, 75km northwest of the Shetlands…
TE Connectivity Ltd. today announced that it has completed the acquisition of the SEACON group, a worldwide provider of underwater connector technology and systems (map of SEACON Group locations at right). The El Cajon, California-based…
The Ministry of Construction, Housing and Utilities of the Russian Federation has granted a construction permit to Amsterdam’s South Stream Transport for the South Stream gas pipeline. The pipeline will originate in Russia, pass under the Black Sea…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards in Aberdeen at the end of April. The event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
Rosneft has started field works at five license blocks in the Barents and Pechora Seas ahead of planned drilling in 2016-2017. The five blocks are: West Prinovozemelsky, located in the northeastern part of the Barents sea near the Novaya Zemlya archipelago…
Solstad Offshore has taken delivery of the US$250 million Normand Vision (pictured) subsea vessel from Norway's Vard Group, part of the Fincantieri Group, at Søviknes. The vessel has now started an eight-year charter with Norway based Ocean Installer…
Exploration drilling started on the Lupus oil prospect in production license 507 in the Norwegian sector of the North Sea yesterday. The well, 31/10-1, is about 35km south of the Oseberg field and is being drilled by the Borgland Dolphin semisubmersible drilling rig (pictured)…
Norway's Kvaerner and China Offshore Oil Engineering Co. (COOEC) have officially opened an engineering joint venture, Kvaerner COOEC Engineering & Technology (KCET), in Qingdao, Shandong, China. KCET will carry out and further develop…
Wärtsilä will supply generating sets for two new well intervention vessels for Norway's Siem Offshore, the company announced on 30 June. The contract's scope calls for the supply of eight 6-cylinder in-line Wärtsilä 32 generating sets…
Polarcus Amani has mobilized for a 4400sq km RIGHTBAND 3D multi-client survey in the Southern Porcupine basin, offshore Ireland. The multi-client project, being acquired in collaboration with ION GeoVentures and GeoPartners, will be the largest…
On 5 January 2014, Euronav NV announced it would acquire 15 very large crude carriers (VLCC) from Maersk Tankers Singapore Pte Ltd. Today, Euronav said that eight of the VLCCs have been delivered in the first half of 2014. Deliveries…
Statoil and Statkraft have given the final investment decision for the Dudgeon offshore wind farm off the coast of Norfolk, UK. The project aims for full production in late 2017. When completed, Dudgeon will provide renewable energy for up to 410…
Two Subsea 7 board members have resigned so that the company can use its vessels for energy development related projects in US waters. The move, which saw Robert Long and Allen Stevens, both US citizens, step down, was to enable Subsea 7…
Keppel Offshore & Marine subsidiaries Keppel Shipyard and Keppel Singmarine Pte have secured contracts worth a total of S$368 million for North Sea and Caspian Sea projects. Keppel Shipyard has won the contract for the conversion…