US explorer Park Place Energy has completed the US$2.1 million acquisition of three Turkish companies, the Tiway Companies, from Tiway Oil BV. Image from Park Place Energy. The…
Steve Hall is to replace Bob Allwood as CEO of the Society of Underwater Technology (SUT) this April, following Allwood's retirement after seven years in the post. Hall has been chairman of the SUT's Education and Training Committee for…
Songa Offshore's newbuild semisubmersible drilling rig Songa Encourage has been taken close to Kristiansund, Norway, for equipment overhaul and repair following a water ingreses into a pump room on 2 January. The rig is expected to be back in operations early February 2017…
Statoil is set to drill its next well, on the Mim prospect, near the Norne field after being given the green light by the Norwegian Petroleum Directorate. Statoil will use the Deepsea Bergen semisubmersible drilling rig to drill well 6507/3-12 in production license 159 B…
ScottishPower Renewables has awarded Van Oord the contract for East Anglia ONE offshore windfarm by ScottishPower Renewables (part of the Iberdrola Group) for the transport and installation of 102 three-legged jacket foundations. The new wind farm…
Baker Hughes and Schlumberger are to be awarded contracts for integrated drilling and well services on Statoil's two new Cat J jackup rigs, Askepott (translated as Cinderella) and Askeladden (a character from Norwegian folklore). The…
The UK's Oil and Gas Authority has approved a license renewal for the Bagpuss and Blofeld License P.1943 into a second, four-year term. Maersk Oil North Sea UK has now dropped out of the license, with its 25% interest being reassigned to the remaining partners…
Consultants who were active in the exploration and production sector sector in 2013, but not currently working due to the cutbacks in the industry, would take a day rate that is 39% lower, according to OPC Consultant Market Report 2016. OPC's…
Natural resources consultancy Wood Mackenzie says it expects a modest recovery to the oil and industry in 2017, underpinned by an improving oil price. Growth opportunities, including frontier exploration, small project sanctions and increased M&A…
The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) are offering 122,405 acres offshore Kitty Hawk, North Carolina in a commercial wind lease sale in March. Map of wind energy areas off North Carolina…
Stabilizing oil prices have prompted producers to return to both shale and offshore projects, but the industry still needs to cut costs. A new workforce program offered by the University of Houston (UH) focuses on helping oil and gas…
Canadian junior firm Corridor Resources was issued exploration license EL-1153 from the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) in exchange for the surrender of exploration license EL-1105 covering the Old Harry Prospect in the Gulf of St…
China's CNOOC started production at its Enping 23-1 oil fields, in the Pearl River Mouth Basin of the South China Sea. The oil fields have an average water depth of approximately 90m, in which CNOOC holds 100% interest. There are currently three wells producing approximately 5600 b/d…
Amarinth, which specializes in the design, application and manufacture of centrifugal pumps and associated equipment to the oil and gas, petrochemical, chemical, industrial, power and renewable energy markets, has secured a further order…
Cairn Energy is moving to further explore Senegal, and working towards first oil in the North Sea this year, in what the company calls an eventful period. The Kraken FPSO, from Cairn. “The…