Offshore Regions News - page 1716


Noble rig stabilized after tilt

Feb 28, 2014

Noble Corp.’s drilling rig, Noble Paul Wolff (pictured), experienced a “ballast control incident” off Brazil at 1 a.m. local time, the company reported 28 Feb 2014. The rig’s crew has secured the well, and Noble said that measures are underway to resolve the matter…

Murchison ceases production

Feb 28, 2014

One of the largest platforms in the North Sea has ceased production today, as its operator prepares to decommission the field. The 254m-high, from seabed to flare-tip, Murchison platform is in Block 211/19, in the East Shetland basin…

Deepwater slowdown warnings

Feb 28, 2014

Denmark’s Maersk Drilling has posted a 52% jump in profits for 2013, at US$528 million, but warned that there will be challenges in 2014 as it sees a drop in deepwater demand and a major overhaul of its fleet.   Claus V. Hemmingsen…

Otto launches Norshore Atlantic

Feb 28, 2014

Offshore marine company Otto Marine will hold a naming ceremony for the Norshore Atlantic at its Batam Shipyard, Indonesia, today. The Norshore Atlantic is one the first of its kind to be constructed by an Asian yard, says Otto. It…

AGR to use Plexus POS-GRIP

Feb 28, 2014

Oil and gas engineering firm Plexus Holdings has agreed a three-year contact with drilling and engineering company AGR Well Management Limited (AGR). Plexus will supply both its standard pressure and high-temperature/ high-pressure…

Cobalt touts Angola find

Feb 27, 2014

Houston-based Cobalt International Energy, Inc. confirmed the existence of light oil and condensate at its Orca (formerly Baleia) deepwater pre-salt exploratory well offshore Angola. The Orca No.1 well, located in block 20 at a water depth of 1880m…

PGS wins Ivory Coast survey

Feb 27, 2014

Petroleum Geo-Services (PGS), with local partner Laguna and in cooperation with Petroci, is currently acquiring 2300sq km of multiclient 3D GeoStreamer data over blocks CI-506 and CI-507, offshore Côte d’Ivoire. The new MultiClient 3D GeoStreamer…

DNV GL opens Singapore base

Feb 27, 2014

DNV GL has opened a new Asia Pacific headquarters in Singapore. The new headquarters was officially opened today by S Iswaran, Minister for the Prime Minister’s office, second minister for home affairs and second minister for trade & industry Singapore…

TAQA makes exec changes

Feb 27, 2014

After six years at TAQA, Carl Sheldon has decided to step down as CEO and member of the board of directors, effective at the annual general meeting in April. Sheldon will remain as chairman of Jorf Lasfar Energy Company (JLEC), TAQA's newly-listed Moroccan power business…

Worker dies after North Sea fall

Feb 27, 2014

A North Sea oil worker has died after falling from Taqa Bratani's Harding platform in the early hours of this morning. The worker was involved in maintenance activity on the platform. He was recovered from the sea by a support vessel…

Production falls, costs rise

Feb 27, 2014

A striking comment was made by the head of CNR International at a breakfast briefing in Aberdeen this week. James Edens, VP and Managing Director at CNR International (UK), said UK North Sea production in 2013 was 1.43MM boe/d—the lowest it had been since 1977…

Sembcorp nets Transocean drillship deals

Feb 27, 2014

Sembcorp Marine subsidiary Jurong Shipyard has signed two contracts, worth US$540 million each, to build two drillships for a subsidiary of Transocean Ltd (Transocean). The contracts include options for three additional units for the same company…

New CFO for Rockhopper

Feb 27, 2014

Falklands explorer Rockhopper Exploration has appointed Stewart MacDonald Chief Financial Officer, with effect from 10 March 2014. Prior to joining the Company, Stewart, who is 33, was a director in Rothschild's global oil and gas group…

PPL wins $214M jackup deal

Feb 27, 2014

Sembcorp Marine's subsidiary PPL Shipyard has signed a turnkey jackup rig contract worth US$214.3 million with Marco Polo Drilling Pte. Ltd., an indirect wholly-owned subsidiary of Marco Polo Marine Ltd., as well as the grant of an option…

KrisEnergy quits Thai block, adds Indonesian PSC

Feb 27, 2014

Singapore-based KrisEnergy Ltd. has added an operatorship offshore Indonesia, and also announced it will not acquire the G3/48 exploration licence in the Gulf of Thailand. KrisEnergy announced in January that it had been seeking a 60%…

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