Image from Weatherford. Weatherford International has commercially released the ForeSite production optimization platform at the Weatherford Enterprise Software Conference. The ForeSite…
SeaBird Exploration signed a letter of intent for an upcoming 2D seismic survey in South America. The project is estimated to start in the first half of Q3, and will have a duration of approximately two and a half months. SeaBird will be using the Northern Explorer for the project.
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to use Songa Encourage semisubmersible vessel for drilling and completing a production well on the Troll field. Image of the Songa Encourage…
Centrica is planning a US$77.66 million (£60 million) investment in its operations in Morecambe Bay, in the East Irish Sea, off the west coast of England, to boost output. The campaign will unlock up to a further 3 Bcf of gas under the…
IKM Subsea has started mobilization to the field of a permanently seabed installed remote operated vehicle (ROV), or residential ROV (RROV). The firm announced the award of a major ROV services contract for the fields Visund and Snorre B in the North Sea last August…
The massive, 600 MW Gemini offshore wind park has been opened offshore the Netherlands ahead of schedule and under budget. Gemini will produce 2.6 TWh of wind power every year, reducing the Netherlands’ CO2 emissions by 1.25 million tons…
First oil is flowing from Repsol Sinopec Resources UK's Shaw field, part of the firm's Montrose Area Redevelopment (MAR) in the Central North Sea. Shaw has been developed as a subsea tie-back to a new bridge-linked production platform…
Cobalt International Energy has opened a data room for its deepwater US Gulf of Mexico North Platte field as it announced the latest appraisal well drilling results on the field. Cobalt, which says the field, with an estimated 500-800 MMbbl resource range…
In this video, Weatherford shows the benefits of the company’s RipTide RFID (radio-frequency identification) drilling reamer that can be enhanced with the ReamSync borehole enlargement performance system—a three-tiered process that combines dull grading analysis…
Norway’s Petroleum Safety Authority (PSA) has granted Lundin consent to drill the exploration well 7220/11-4 in a prospect named Alta, in Block 7220 in the Barents Sea. Lundin is the operator for production license 609 in the Barents Sea…
Russia's Gazprom began construction of the TurkStream pipeline’s offshore section. The Allseas Group, contractor for both strings of the gas pipeline's offshore section, started laying the pipes using the Audacia vessel. Construction…
Europa Oil & Gas has identified two prospects which could contain up to 553 MMboe in Ireland's South Porcupine Basin. According to a competent person’s report by ERC Equipoise including, two pre-rift prospects, Ervine and Edgeworth,…
A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared to the 2013 estimate, and attributed 2P reserves to the field for the first time. According to the Competent Persons Review (CPR)…
Oslo-listed floating production vessel operator BW Offshore has received a termination notice for the floating production, storage and offloading (FPSO) vessel Sendje Berge, which is operating under a contract with Addax Petroleum on the Okwori field offshore Nigeria…
Offshore energy industry experts and leaders from across the world came together at NRG Park in Houston 1–4 May for the 2017 Offshore Technology Conference (OTC). As it has since 1969, the 49th edition of the conference convened professionals…