Offshore Regions News - page 1507


Lundin: Morkel well non-commercial

Jun 04, 2015

Lundin's Morkel exploration well in the Norwegian sector of the North Sea has made a small but uncommercial discovery. The well, 33/2-2 S in production licence 579, was drilled about 40km northwest of the Snorre field, 180km west of Florø…

IOG acquires Skipper

Jun 03, 2015

North Sea-focused Independent Oil and Gas (IOG) signed a sale and purchase agreement to acquire the 50% of license P1609 containing the Skipper discovery from Alpha Petroleum Resources (Alpha). This transaction will result in IOG’s independently verified 2C resources increasing by 13…

BOURBON completes pipelay operation

Jun 03, 2015

BOURBON completed laying 30 tons of submarine cable as part of the Sabella D10 project off the island of Ushant, part of Brittany, France. The cable will link the Sabella D10 tidal turbine to the Ushant power grid. Utilizing a Falcon series ROV and the support vessel Argonaute…

Subsea Solutions opens Brazil training facility

Jun 03, 2015

In response to nine years of consistent growth, Subsea Solutions expanded Brazilian operations with the opening of a subsea well-control equipment training center in Barra da Tijuca. Classes are scheduled to start 30 June 2015.  The…

Novatek, Engie ink Yamal LNG contract

Jun 03, 2015

Novatek Gas & Power and Engie finalized a long-term contract for the supply of liquefied natural gas (LNG) from the Yamal LNG project. Yamal LNG. From Novatek. The 23-year contract…

DNV GL forms flow meter JIP

Jun 03, 2015

Accurate allocation measurement results are a key financial and commercial driver for exploration and production companies. Yet despite limited evidence of the performance of Coriolis and ultrasonic flow meter technology, they are being…

Mirach to explore off Cambodia

Jun 03, 2015

A drilling exploration program is set to begin at Cambodia Offshore Block D offshore Thailand, after a project cooperation agreement was signed between subsidiaries of Mirach Energy and Landocean Energy.  Map of Block D…

ETI awards CO2 storage contract to Costain

Jun 03, 2015

UK engineering Costain has been selected to work in a project to identify UK offshore CO2 storage sites as part of a project commissioned by the Energy Technologies Institute (ETI).  The 12-month project started in May and is funded by the Department of Energy & Climate Change (DECC)…

Tracerco scoops inaugural award

Jun 03, 2015

The Underwater Technology Foundation (UTF) has picked Tracerco as the winner of its first UTF Subsea Project Award. The firm, which has developed the Discovery under water CT scanner, which recently performed its first commercial trials in deepwater Gulf of Mexico…

Sterling takes a stake in Mauritania

Jun 03, 2015

Tullow Oil is looking to drill on its Block C-10 acreage offshore Mauritania in 2016, according to Sterling Energy. Sterling, which has just agreed to acquire a 13.5% stake in Block C-10 says Tullow has identified a drill-ready Neocomian…

Aker gets first Mexico gig

Jun 03, 2015

Saipem awarded Aker Solutions its first order offshore Mexico at the Pemex-operated Lakach deepwater natural gas field. Lakach map. From Pemex. Lakach, Mexico's first subsea gas development with onshore processing facilities…

Petrobras in Poco Verde find

Jun 02, 2015

Petrobras encountered a new oil accumulation at its ultra deepwater Sergipe basin at the Poco Verde field, offshore Brazil. Poco Verde map. From Petrobras. Well 3-SES-189 (Poco Verde well 4) is located in concession BM-SEAL-4…

KPMG: Current market has opportunity

Jun 02, 2015

KPMG Corp. Finance recently advised on the sale of a precision engineering specialist in the oil and gas industry. KPMG advised Vine Street Capital and the management of Lymington Precision Engineers on its sale to Senior, an international manufacturing group…

Noble Globetrotter II's MPT

Jun 02, 2015

In this video, Shell shows the operation of the Noble Globetrotter II as it passed through the Bosphorus Bridge. The vessel is equipped with a multipurpose tower (MPT) specially designed to easily enter the Bosphorus. Its removable…

DOI, Shell get more Arctic backlash

Jun 02, 2015

A total of 12 groups are challenging the US Department of Interior’s (DOI) decision to reaffirm the 2008 Chukchi Sea lease sale that will allow oil and gas drilling in a nearly 30 million acre area of the Chukchi Sea outer continental shelf (OCS)…

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