Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to change the emergency response vessel solution for the Norne field in the Norwegian Sea. Norne is an oil and gas field in the Norwegian Sea, around 80km north of Heidrun…
Bourbon Offshore has appointed Gaël Bodénès as its new chief executive officer. Bodénès will replace Christian Lefèvre, who will leave his position on 1 October to join Jaccar Holdings. The board of directors of Bourbon paid tribute…
Energean Oil & Gas has received the green light from Greek authorities for the Kataloko field development plans (FDP) offshore Western Greece. Map of Katakolo, from Energean. Katakolo…
Global Maritime signed a memorandum of understanding (MoU) with a number of leading Taiwanese organizations to develop closer cooperation on offshore wind technologies including marine warranty surveys, inspections and testing services. From…
Hyperdynamics failed to encounter hydrocarbons at its Fatala-1 well offshore the Republic of Guinea in Northwest Africa, in what the company thought was to be a “potential world-class hydrocarbon discovery.” Map from Hyperdynamics…
Norway’s Petroleum Safety Authority (PSA) has granted Repsol Norge consent to use the Rowan Stavanger jackup for permanent plugging of wells on the Varg field. Rowan Stavanger. Image from Rowan…
Empyrean Energy has encountered a new prospect, Pearl, offshore China, following recently acquired 3D seismic in the area. Map from Empyrean. The company finalized the preliminary…
Aibel lifted the final three modules into place for the Johan Sverdrup drilling platform earlier this week. The platform arrived in Haugesund on 5 September, where the facility will remain for hook-up and preparation work, until it is handed over to Statoil in mid-2018…
Statoil has signed agreements with two companies that will see the Norwegian giant farm into licenses offshore South Africa, and gaining operatorship in one. Map from Statoil. Statoil…
LLOG Exploration Co. is moving forward to develop its Buckskin project in the deepwater Gulf of Mexico, signing a deal with Seadrill for the West Neptune to begin work later this year. West Neptune…
Heerema Marine Contractor’s iconic semisubmersible crane vessel Hermod is set to retire after a 40-year operational service history. Hermod's first job in 1979, installing the Piper A platform topsides in the UK North Sea…
The one biggest challenge facing the industry – apart from trying to make it profitable – is attracting new young talent, says the former CEO of North Sea independent Premier Oil. Nigel Wilson, who left Premier Oil in 2015, and is now…
Job losses in the industry have slowed to about 13,000 in 2017, compared to almost 60,000 in 2016, according to a new report by Oil & Gas UK. The Economic Report 2017, which was released at an SPE Offshore Europe business breakfast on Wednesday…
The fact that the design of offshore oil and gas platforms has remained largely unchanged for the past 40 years indicates the oil and gas industry’s slow progress in adopting not only new technology, but new design and business models. Industry…
While oil and gas markets remain uncertain and quite volatile, the UK Continental Shelf (UKCS) has managed to reverse a 14-year production decline. However, if new projects are not approved past 2018, all the hard work could be undone, warned Adam Davey…