BW Offshore (BWO) signed a cooperation agreement with ICBC Financial Leasing Co. Ltd. (ICBCL) to form a long-term strategic partnership that will see the duo take on large international infrastructure projects with a focus on floating production and storage offloading units (FPSOs)…
Hurricane Energy has tripled its recoverable resource estimate for its Lancaster field in the North Sea to nearly 600 MMbbl. In its investor presentation, Hurricane provided an 'exaggerated' 3D model of Lancaster…
Seadrill has secured a one-well contract with BP Canada Energy Group for the West Aquarius in eastern Canada. The contract is expected to start in Q2 2018. The backlog for the contract, estimated to be a maximum of 120 days, is expected to be approximately US$31 million.
According to new research from analysts Rystad Energy, service companies are expected to start recruiting in the offshore industry again later this year, following a massive reduction from 2014-2016. “Among the top 50 service companies…
Rosneft started drilling the Tsentralno-Olginskaya-1 well, the northernmost well at the Russian Arctic shelf, in the Khatangsky license area. Image of Rosneft workers drilling the northernmost well at the Russian shelf…
Vantage Drilling International has acquired the Hercules 260, a Marathon LeTourneau Class jackup drilling unit, from Hercules Offshore for an undisclosed amount, and has renamed the rig the Vantage 260. As part of the acquisition, Vantage…
Oceaneering International secured a contract from Anadarko Petroleum to supply the umbilical for Anadarko’s Constellation subsea tieback in the US Gulf of Mexico. The contract is for a dynamic and static electro-hydraulic steel tube control umbilical…
The US operation of M² Subsea has appointed a new general manager (GM) and senior vice president of commercial, Paddy Hardey. Based in Houston, Hardey will be responsible for implementing the firm’s global commercial and contracting…
Serica Energy is targeting 2020 for first gas at its Columbus field in the Central North Sea, and reveals plans to begin drilling at the nearby Rowallan prospect next year. Map of Columbus, from Serica…
Trelleborg’s engineered products operation recently completed a milestone project for BW Offshore for the complete in-house design and fabrication of floating production, storage and offloading (FPSO) elastomeric bearing structures. Supplied to Premier Oil's Catcher FPSO in 2016…
Late life-cycle integrity specialists, Well-Centric and Hunting, have been awarded an approximately US$6.2 million (£5 million) contract by a major North Sea exploration and production operator. The collaboration will see Well-Centric and Hunting join forces to provide maintenance…
Craig International has signed a five-year procurement contract for all Premier Oil’s maintenance and repair operations in the UK North Sea. The contract, which could be worth up to US$6.2 million (£5 million), will see Craig International’s…
Cairn Energy did not get the results the company was hoping for after drilling deeper at the Vega-Regulus (VR-1) well offshore Senegal, following its winning streak in the area. The Stena DrillMAX…
The Petroleum Safety Authority Norway (PSA) has given Gassco consent to use the Polarled pipeline. Polarled is a new gas pipeline from Aasta Hansteen in the Norwegian Sea to the Nyhamna gas-processing facility in Møre og Romsdal county…
A new US$19.9 million (£16 million) Center of Excellence (CoE) for subsea development is to be established in East Kilbride, Scotland and will be led by TÜV SÜD Ltd. (NEL), a provider of research and development, consultancy and testing to the international oil and gas industry…