Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Prosafe’s Safe Notos semisubmersible accommodation vessel started its contract for Petorbras early last month, offshore Brazil. The Safe Notos is under a three-year, 222-day contract with the Brazilian giant. Work began on 7 December at a dayrate of US$189…
Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…
Mermaid Maritime’s Indonesian business unit PT Seascape Surveys Indonesia has agreed an additional one-year charter for the DP2 multi-purpose support vessel (MPSV) Resolution. The Resolution is a remotely operated vehicle and air diving support vessel…
Repsol Sinopec Resources UK has exercised options to further extend the charter of the Safe Boreas semisubmersible accommodation vessel by a total of 21 days. The firm operational period of the Safe Boreas at Montrose A in the UK sector…
Hyperdynamics Corp. has entered into a US$4.5 million master service agreement (MSA) with oilfield services giant Schlumberger to provide drilling services for the Fatala-1 deepwater exploration well planned for Q2 2017, offshore the Republic of Guinea…
L&T Hydrocarbon Engineering (LTHE) in consortium with EMAS CHIYODA Subsea has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Arabia's Saudi Aramco. The contracts are for the supply and installation…
The National Iranian Oil Co. (NIOC) has released a list of 29 foreign oil and gas firms which have been pre-qualified for its upcoming upstream projects tender round. NIOC is planning to put to a round of tenders several upstream oil…
BW Offshore has signed a short-term interim extension agreement for the floating production, storage and offloading (FPSO) unit Abo with Eni subsidiary Nigerian Agip Exploration. The unit, moored off Nigeria on the Abo field, will continue working for Eni until 20 January 2017…
Repsol has lined up a rig to drill its Siluro-1 exploration well in block RC-11 offshore Colombia and plans to start drilling in Q2 this year. The Spanish oil firm has lined up Maersk Drilling's Maersk Developer deepwater semisubmersible for the shallow water job…
Statoil has completed a deal to acquire Wintershall's 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS), increasing its stake to 70%. Byrding, in PL 090B, is an oil and gas discovery in the northern part of the North Sea…
Rig operator Songa Offshore has mobilized its emergency response team after water got into a pumproom on its Songa Encourage semisubmersible drilling rig. The unit is a Cat-D rig, one of four newbuilds which have entered service for Songa in the past couple of years…
The past year has undoubtedly been one of the toughest for the oil and gas industry in recent memory. As we enter 2017, we consider three key themes that could shape the industry over the year ahead. A North America-led oilfield services…
A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to GlobalData…
Maersk Oil is to shut in its Tyra field offshore Denmark in a move that could impact a string of other fields on the Danish Continental Shelf. Maersk Oil says it was unable to find an economic strategy for full recovery of the remaining resources in the field…