UK-based energy services company Proserv has secured a £1.6 million plus contract to provide topside control equipment at one of the largest field discoveries on the Norwegian Continental Shelf. The agreement will see Proserv supplying Aibel…
Transocean and the state of Alabama have agreed to a US$2 million settlement stemming from 2010’s Deepwater Horizon disaster. The Deepwater Horizon. Image from EPA. Governor Robert Bentley announced the settlement this week…
The US Energy Information Administration (EIA) reported today (23 October) that the United Arab Emirates (UAE) intends to increase its production 30% by 2020 using EOR techniques. For the UAE, EOR technologies will be the best way to…
The Norwegian Petroleum Directorate wants unmanned wellhead platforms to be considered more often as an alternative to subsea tie-back in connection with development decisions. Image: The unmanned…
The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam. Map of Block 09-3/12 (the greyed area)…
Dana Petroleum's Western Isles floating production unit will not be on stream until late 2017, some two years later than originally planned, it was confirmed today. In a statement, China's Cosco Corp (Singapore) said it and a European…
The geoscience segment of the offshore oil and gas industry was first to be hit, when oil prices took a nose dive from 2H last year. Results from two of the main geoscience players this morning confirm a broad industry outlook that the pain is set to continue well into 2016…
The construction of Amrumbank West offshore wind farm in the German North Sea is complete. Image from E.ON. All 80 turbines are connected to the network. With its full installed capacity of 288 MW now operational…
China’s CNOOC discovered a mid-sized oilfield at the Caofeidian 6-4 oil structure, offshore China. Bohai map. From CNOOC. The Caofeidian 6-4 structure is located in the western…
US-based Era Group’s Brazilian joint venture Aeróleo Taxi Aero received notification from Petroleo Brasileiro (Petrobras) that Petrobras will cancel the ongoing tender process for heavy and medium helicopters, leaving the helicopter with a potential workforce reduction…
With ExxonMobil reported to be moving the Liza discovery in deepwater Guyana into pre-front-end engineering design (FEED) less than five months after confirming the find, the project has the potential to yield significant returns for investors…
Electromagnetic Geoservices EMGS signed a US$7 million contract extension with an oil company in Malaysia. The vessel BOA Thalassa commenced the extension of the survey on 21 October, and expected duration of the survey is approximately 1…
CGG received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas basin in the Equatorial Margin of northern Brazil in early November. Oceanic Vega…
Statoil’s Troll field is about to see a natural gas increase of about 83 Bcm this month after the installation of two giant compressors at Troll A, offshore Norway. The US$1.2 billion (NOK 10 billion) project came in at $121 million (NOK 1 billion) under budget…
Shell Technology Ventures has invested in Dutch thermoplastic composite pipe firm Airborne Oil & Gas alongside German specialty chemicals firm Evonik and HPE Growth Capital (HPE). How much the three firms have invested in Airborne Oil & Gas (AOG) is undisclosed…