The three Norwegian offshore service companies, Bergen Group, Semco Maritime, and Apply Rig & Modules, have joined forces to setup a new partnership, Hanøytangen Rig Services, to meet the growing rigging service market. According to a statement from the three companies…
The Meygen project in the Pentland Firth is planned to be the UK's first commercial tidal project. Images from Xodus group. Extreme environmental conditions and complex geotechnical challenges make tidal energy projects a huge undertaking…
UK-based Acteon group company Claxton has been awarded its largest single riser contract in its history by Norway's Det norske oljeselskap. The multi-year contract is from January 2014 thru June 2020, and includes high- and low-pressure risers…
Operator Genel Energy's Malta subsidiary Phoenicia Energy Co. announced on 30 May that the Noble Paul Romano deepwater semisubmersible drilling rig is moored on location and has commenced drilling Hagar Qim-1. The well is being drilled in 1476ft of water in Block 7 of Area 4 off Malta…
The topsides for the Golden Eagle area development (GEAD) are nearing final assembly in the UK North Sea, 43mi. (70km) northeast of Aberdeen. The project is operated by Nexen Petroleum, a wholly-owned subsidiary of CNOOC Ltd. GEAD involves three fields: Golden Eagle…
Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million. The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…
Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484) in the Norwegian Sea. The firm said hydrocarbon shows were found in two sections, but that well will be plugged and abandoned without further testing…
Seadrill has won a contract with Total Upstream Nigeria for use of its newbuild ultra-deepwater drillship West Jupiter (pictured), in support of the Egina ultra-deep offshore project in Nigeria. The contract is for five years and is worth about US$1…
Singapore-based marine and offshore engineering firm Sembcorp Marine has agreed entered to buy a 12% stake in Norwegian firm GraviFloat for US$4 million, with a right to increase its stake up to 20%. GraviFloat was formed to design, deliver and operate re-deployable…
Success of the Butch South West prospect, drilling on which has started, could prompt a new stand alone production facility in the North Sea, according to Faroe Petroleum. Drilling on the Centrica-operated Butch South West exploration well 8/10-6S…
The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development…
As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…
Industry contributors are wanted to scope the demand for a UK-based, large composites structures center as part of a study for the Department of Business, Innovation and Skills (BIS). The National Composites Centre (NCC), in conjunction with the University of Southampton…
BP provides this video on its LoSal enhanced oil recovery (EOR) remedy and how it applies to the Clair Ridge development. See more on this technology in the June 2014 issue of OE.
Total will exit the Shah Deniz field, following an agreement the French explorer reached with Turkish state-owned oil company TPAO. Total will sell its 10% interest in Azerbaijan field and associated South Caucasus pipeline for US$1.5 billion…