Norway's Statoil has made a 'minor' discovery near the Oseberg field in the Norwegian sector of the North Sea. The firm drilled two wells on production license 035/272, 30/11-11 S and 30/11-11 A, about 2km southeast of the Askja East…
The UK North Sea's first use of a subsea oil storage tank has started, independent operator Premier Oil announced this morning. First oil on the Solan field, which was developed to use normally unmanned facilities, including subsea oil storage and tanker offloading…
While Ensco adds two more rigs to its cold-stacked list, the rig provider sold one of its semisubmersibles for US$1 million. The Houston-based company has also seen several of its contracts shortened. Image from Ensco…
Aegion Corp. is on schedule to begin pipe coating and the application of pipe insulation material for use on the Shell Appomattox project in the deepwater Gulf of Mexico, this fall. The insulation material vendor for the project, Materia…
Atlantic Offshore has sold most of its operations and subsidiaries to newly established company Aegopodium in a US$2.1 million (NOK 16.9 million) deal, after its own restructuring solution was rejected by stakeholders. The Ocean Sprite…
Antelope Oil Tool has developed the CentraMaxRT1 (rotating), PI1 (push-in) and PT1 (pull-through) Centralizer Subs, adding to the CentraMax product line. Image from Antelope. The…
Statoil has awarded Proserv a multimillion-dollar contract to provide production control equipment for its Gullfaks project in the North Sea. Upon the terms of the agreement, Proserv will supply five wellhead hydraulic power units for the field…
DOF subsidiary DOF Rederi has entered into agreements with both Nexen Petroleum UK and Maersk Oil North Sea UK for charter contracts in the North Sea. With Nexen, a contract is scheduled to start in May for the Skandi Marstein in the North Sea…
Schlumberger’s Muriel Barnier has been awarded the inaugural Outstanding Young Professional Award. Image of Barnier, from IOGP Twitter. Gordon Ballard, Executive Director at…
Marathon Oil has agreed to sell its 10% stake in the giant Shenandoah oil discovery in the US Gulf of Mexico as part of a major sell-off of assets. The firm has already sold out most of its major assets in the Gulf of Mexico. In November last year…
Polarcus has received a letter of intent from an undisclosed client for a 3D marine seismic contract in Indonesia using the Polarcus' XArray (TM) technique for enhanced productivity and data quality. Cameron Astill, Senior Vice President Asia Pacific…
Rigless electric submersible pump (ESP) provider AccessESP has named John Algeroy as the Europe and Africa region manager. Based in Houston, he will be responsible for all marketing, sales and operations for clients throughout the region…
Brazil’s Petroleo Brasileiro (Petrobras) has sent its second cancelation notice this year to Athens-based DryShips, to terminate a vessel contract 16 months ahead of schedule that will set the company back nearly US$3 million. Image from Petrobras…
Mubadala Petroleum is set to commence drilling operations at the Sri Trang-1 exploration well in mid-May, offshore Thailand. The well is approximately 18km north-northeast of the Manora oil development, in the Gulf of Thailand and within the G1/48 concession…
DNV GL has now launched the first globally applicable guidance for leak detection systems for offshore fields. The challenge for oil and gas operators is to have a leak detection system that is reliable and capable of detecting leaks…