Asset integrity services firm Stork Technical Services has agreed to sell its subsea division to Netherlands-based N-Sea Group. Stork said the move followed a strategic review of its core business and would enable it to focus on key services and innovations…
Repeated boughts of bad weather around the UK have caused disruption to offshore oil and gas operations in the North Sea. Endeavour International Corporationsaid today that, due to the continued periods of bad weather, timing of first production from second production well…
North Sea oil and the constitutional debate in Scotland and the UK The possibility of Scotland becoming an independent country is currently attracting much interest, and not just locally, but in the rest of the UK and elsewhere as a referendum on the issue…
Baker Hughes Inc. rotary rig count shows 61 rigs active offshore US for the last two weeks, up 10 rigs from a year ago (19.6% year-over-year increase). This includes 55 rigs working off Louisiana (up from 47 a year ago), 2 rigs off Texas (up from 1 rig)…
Colloquy: Editor’s Column As we start a new year at OE, we offer projections from companies about projects and markets. This issue features a Global Market Forecast, with analysts from Infield Systems, DouglasWestwood, and Petroleum Geo-Services weighing in about exploration…
The importance of safety in the offshore industry will be the subject of discussion at the next evening meeting and supper hosted by the Energy Institute in Aberdeen. Guest speaker Steve Bullock, senior vice president HSSEIA Offshore Projects and Operations at Petrofac…
Energy sector services company CLS Offshore has invested about £350,000 in new offices at Hull, UK, with plans to add a fabrication workshop in the near future. CLS expects to rapidly build its office team in Hull to 25, with up to 75…
Lundin Petroleum AB has started drilling the latest appraisal well at the giant Johan Sverdrup discovery, in the Norwegian sector of the North Sea. The well,16/3-8S, on PL501, is at the crest of the Avaldsnes high. Its objectives are to establish the depth…
Tullow Oil plc's Mantra well, offshore Norway, is to be plugged and abandoned after being classified as water wet. Mantra, drilled with the 31/3-4 wildcat exploration well,was the first exploration well in the Tullow-operated 551 production license…
BP Norway has extended its contract for the jack-up Maersk Reacher by two years, from September 2014 to September 2016. BP Norway holds options to further extend the contract by up to additional four years, taking it out to September 2020…
Offshore projects, including oil spill response and observation systems, have been included in the European Union's€80 billion research and innovation program Horizon 2020. Horizon 2020 is a challege-based research and innovation program run by the European Research Council (ERC)…
Kosmos Energy Ltd. signed a one well rig share agreement with BP plc and Maersk Drilling for use of the rig Maersk Discoverer. The rig is expected to commence drilling operations on the FA-1 (formally Eagle-1) exploration well in the Foum Assaka offshore block in Morocco in 1H 2014…
New year, new focus. OE asked, “What are the main technology trends for your sector this year?” In 2014, we expect to see an emphasis on automation and control systems to enhance rig efficiency and safety. Multi…
Ophir Energy has said the Mlinzi Mbali-1 well offshore Tanzania has not found commercial hydrocarbons, but will offer 'crucial information' about Block 7, off the east African coast. The well was the first well drilled on Block 7. It…
Norwegian exploration firm Rocksource has agreed a farm-out deal with Atlantic Petroleum Norge and announced a deal for a European oil firm to buy electromagnetic data and use its software. The farm-out is an option deal with Atlantic Petroleum…