Offshore Regions News - page 1496


Ophir Thai well fails

Nov 19, 2015

Ophir Energy’s G4/50-11 wildcat exploration well in the South Western Graben of the Gulf of Thailand failed to encounter a commercial discovery and will be plugged and abandoned.   The well targeted the Parichat Southwest prospect. The…

Seajacks Scylla delivered

Nov 19, 2015

UK-based offshore installation and maintenance contractor Seajacks International has taken successful delivery of its fifth self-propelled jackup vessel, the Seajacks Scylla. Built by Samsung Heavy Industries in Korea, Seajacks says Scylla…

2017 turnaround for Norwegian oil sector

Nov 19, 2015

The Norwegian Oil and Gas Association has offered a glimmer of hope for contractors and suppliers on the Norwegian Continental Shelf (NCS), suggesting investment is set to rise 'substantially' in 2018 and 2019.  The trade body said investment…

US clears Schlumberger, Cameron merger

Nov 18, 2015

The US Department of Justice (DOJ) has cleared the proposed multi-billion dollar merger between Schlumberger and Cameron International without any conditions, both companies announced in a joint statement on Wednesday (18 November). The…

DW: Offshore wind capacity to reach 74GW by 2025

Nov 18, 2015

Cumulative offshore wind capacity is forecast to reach 74GW, driven by a large number of developments taking place in the UK, Germany and China and strengthened by the growth of new entrants to the offshore wind sector, such as France and the US…

Apache: Significant North Sea reserves potential

Nov 18, 2015

Houston-headquartered Apache Corporation has claimed it has increased its North Sea reserves by some four to seven times since the end of 2014.  In a trading update highlighting the performance of its North Sea business, focusing on the Forties and Beryls assets…

OE supports best MSc paper competition

Nov 18, 2015

The Aberdeen, Highlands & Islands branch of the Energy Institute (EI) is hosting its annual MSc Student Best Paper competition for postgraduate students in Aberdeen later this month, with support from OE (Offshore Engineer). The event…

UK North Sea strategy out to consultation

Nov 18, 2015

The UK's Department of Energy and Climate Change (DECC) has set out a strategy to maximize the economic recovery of offshore oil and gas in the UK. The legally-binding strategy aims to get more value from the North Sea through better…

Total picks Fugro for ROV services

Nov 18, 2015

Fugro has been awarded a five-year contract for the provision of underwater services to Total E&P UK (TEP UK). Under the contract, which runs from July 2015 and includes extension options for a further two years, Fugro is providing a…

£16.9 billion UKCS decommissioning spend to 2024

Nov 18, 2015

Forecast total oil and gas infrastructure decommissioning spending on the UK Continental Shelf (UKCS) will reach £16.9 billion over the next decade, according to new industry estimates.  The latest figure, for the period to 2024, is an increase of £2…

Visuray completes first commercial well operation

Nov 17, 2015

Visuray announced a first commercial application of their X-ray wireline technology for downhole imaging in wells filled with opaque fluid. In a well, managed by TAQA Energy in Holland, Visuray’s VR90 tool successfully imaged the top of a coiled tubing disconnect with millimeter accuracy…

Roc, CNOOC JV spud off China

Nov 17, 2015

The Roc Oil and CNOOC-led joint venture spudded the WZ 12-8W-A6P1 appraisal well, in Beibu Gulf, offshore China, according to parnter Horizon Oil. Map from Horizon Oil. The well is located in the Weizhou 12-8 fields area…

E Plug wins ICoTA award

Nov 17, 2015

E Plug has been named 2015 winner of the Intervention & Coiled Tubing Association (ICoTA) European Chapter’s Innovation Award. Scott Mitchell, Chair of the European Chapter of ICoTA (left), presents the award to Thomas Johansen…

Mexico to join IEA

Nov 17, 2015

Mexican Secretary of Energy Pedro Joaquín Coldwell presented International Energy Agency (IEA) executive director Fatih Birol with an official letter declaring Mexico’s interest in becoming an IEA member. Image of Birol…

Statoil pulls plug on Alaska

Nov 17, 2015

Statoil is saying goodbye to Alaska exploration and has decided to exit its leases in the Chukchi Sea following recent results in nearby leases, in addition to finding the leases no longer competitive. Map of Alaskan leases Statoil is exiting…

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