The “Lava Jato” scandal, which US-based global energy law firm Mayer Brown is calling the “largest corruption investigation in the world,” has taken an economic toll on Petroleo Brasileiro SA (Petrobras), and is creating several business opportunities…
Image: Paul Betteridge, TCO director/TCO TCO has confirmed a continuation of strong sales results, leading to the expansion of its Aberdeen workforce by a third. Within the past six months…
In this video, Teekay captured a time-lapse video of the Teesta Spirit vessel transiting through the Panama Canal. The Teesta Spirit began at the Balboa Anchorage, transiting through three sets of locks until reaching its final destination in the Atlantic Ocean…
It’s now less three weeks to SPE Offshore Europe 2015. As preparations for the event heat up, we take a look at some of the key talks scheduled for the show. Image from Brian Cox. From Trio Group…
Senegal’s government has approved UK explorer Cairn Energy’s latest plans to carry out a 3D seismic survey and a multi-well exploration program off its shores, starting this year. The minimum three-well campaign is targeting more than…
Lundin Norway has exercised a one month option for the provision of the Safe Boreas semisubmersible accommodation vessel at the Edvard Grieg Project in the Norwegian sector of the North Sea. The one month option extends on site operations…
Dutch motion-compsenated gangway firm Ampelmann has been awarded a contract by Boa Marine Services (BMS) for a gangway solution for the ExxonMobil-operated Gulf of Mexico Julia project. The work scope of Ampelmann comprises transferring…
Amec Foster Wheeler has been awarded an extension to its existing project management consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) field, 84km northwest of Abu Dhabi. The contract was award by the Zakum Development Co…
Engineering firm Wood Group has since its revenues slide 20% to US$3 billion as it suffers from the reduction in activity in the oil and gas sector caused by operators tightening their belts amid low oil prices. The firm, which has reduced its headcount 13% since December…
COSCO Shipping Co. Ltd. (COSCOL) has signed a contract with Shell Offshore Inc. for the transportation of the Appomattox semisubmersible offshore platform hull from South Korea to Ingleside, Texas. This contract was awarded as part of an enterprise frame agreement between Shell and COSCOL…
The US Bureau of Safety and Environmental Enforcement (BSEE) has given Shell final approval to drill into deeper into hydrocarbon-bearing zones at its Burger J prospect in the Chukchi Sea, off Alaska, in the US Arctic. “After extensive review and under a robust array of safety requirements…
Otto Energy’s Hawkeye-1 exploration well, offshore Palawan basin in the Philippines, has been drilled to the planned total depth of 2920m. The top reservoir was intersected at 2710m. Hydrocarbons were logged between 2710m and 2737m in reservoir…
The Society for Underwater Technology (SUT) will host two deepwater technical sessions at Offshore Europe, providing a platform for organizations to demonstrate innovations that are pushing boundaries at new depths. The first session…
Sonardyne, a specialists in subsea navigation and positioning technology, has opened its first permanent office in France to expand its presence in the region. The announcement follows the opening of a second Sonardyne office in Brazil earlier this year…
First oil has commenced from the Wassana oil field in the G10/48 concession in the Gulf of Thailand, operator KrisEnergy announced. Wassana is expected to achieve peak production of approximately 10,000 bo/d by year’s end. KrisEnergy…