North Oil Co. (NOC) has picked Ramboll to carry out a pre-FEED study for three new wellhead platforms at the giant Al-Shaheen field, off the northeastern coast of Qatar in the Arabian Gulf. Al-Shaheen…
NXT Energy Solutions has started work on the first-ever Stress Field Detection (SFD) Multi-Client Survey in the Gulf of Mexico. NXT’s patented SFD Technology has been approved by the Comisión Nacional de Hidrocarburos, (CNH), for work credits by exploration companies in Mexico…
The Go Electra, from M2 Subsea. M² Subsea secured its first contract award that will see the firm supply the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system…
Westwood Global Energy Group (WGEG) predicts to see stagnation in terms of dollar demand through to early next decade before signs of a recovery emerge. This is due primarily to the marked oversupply of equipment. Most critically, the newbuild offshore rig market (comprising jackups…
Statoil Petroleum has awarded to Oceaneering International business unit Asset Integrity a three-year operational inspection frame agreement extension. Under the agreement, the Oceaneering unit will develop and implement inspection and…
Cairn Energy’s latest SNE well offshore Senegal, SNE-6, has proved to be successful, with the confirmation of good connectivity with the SNE-5 well. Map of Senegal, from Cairn. Cairn…
China has successfully mined flammable ice, or natural gas hydrates, at the Shenhu area of the South China Sea. Image from iStock The mining of gas hydrates marks a major breakthrough that could lead to a global energy revolution…
Petróleo Brasileiro (Petrobras) started production from the Lula Sul field offshore Brazil with the P-66 floating production and storage offloading (FPSO) unit. Image from Petrobras Twitter. Lula…
Houston-based oilfield services provider Halliburton has selected its current president, Jeff Miller, to succeed CEO Dave Lesar, effective 1 June 2017. Miller will serve as both president and CEO. Image of Miller…
Ophir Energy has reached a final investment decision (FID) for the fourth phase of its Bualuang oil field in the Gulf of Thailand, with first oil set for next year. Operations in the Gulf of Thailand…
Wood Group has signed a 10-year master services agreement (MSA) with Chevron that allows them to deliver conceptual engineering, pre-front-end engineering design (pre-FEED), FEED, detailed design and procurement services in multiple locations…
UK-based, Calgary-listed Sterling Resources has completed a deal to sell its UK business to Amsterdam-based Oranje‐Nassau Energie for US$113.8, including settling a debt, and now plans to wind up the business. Sterling Resources'…
Italian offshore contractor Saipem has offered a glimpse of its remote operated vehicle (ROV)/ autonomous underwater vehicle (AUV) hybrid HyDrone. The technology, developed by Saipem's Sonsub business, has been developed to be part of…
Semco Maritime to participate in the preparation (hook-up) of Maersk Oil UK’s Culzean high-pressure, high-temperature gas field in the UK sector of the North Sea. The production units for Culzean, which is 240km east of Aberdeen, are due to arrive from Singapore in the summer of 2018…
The Oil and Gas Climate Initiative (OGCI) has appointed Dr. Pratima Rangarajan as the chief executive officer of its newly-formed investment company, OGCI Climate Investments (OGCI CI). Before joining OGCI CI, Rangarajan was the general…