Italy's Eni is close to starting producing from Norway's first Arctic oil development, reports Reuters. Production from the Goliat field, estimated to hold about 178 MMboe, was originally expected to start in 4Q 2013, but the project has been beset with delays and cost overruns…
Phases 15 & 16 of the massive offshore South Pars gas field are close to starting production, according to the project's manager. Reza Forouzesh said the phases are expected to come online by mid-October. Production from Phases 15 & 16 of the offshore South Pars…
UK supermajor Shell awarded OneSubsea a contract to supply subsea services for the Stones ultra deepwater development project in the Gulf of Mexico. An artist's impression of the Stones FPSO. From SBM Offshore…
The US Bureau of Ocean Energy Management (BOEM) announced that its Western Gulf of Mexico (GoM) lease sale 246 held today (19 August) attracted US$22.7 million in bids. The BOEM and industry advocates say the sale reflects current market conditions…
Primeline Energy has entered into a turnkey drilling contract with China Oilfield Service Ltd. (COSL) for its 2015 exploration program of two wells in Block 33/07 in the East China Sea. Under the terms of the drilling contract, COSL has…
The Energy Industries Council (EIC), the leading trade association for UK companies that supply goods and services to the energy industries worldwide, will be the focal point of attention at Offshore Europe this September as the largest single exhibitor at the show…
North Sea independent EnQuest expects to reach first oil on its Alma/Galia development within a few weeks, the firm announced this morning. The development, a subsea project tied back to the EnQuest Producer floating production, storage and offloading (FPSO) vessel…
The Danish North Sea high-pressure, high-temperature Hejre oil field project continues to be challenged by delays from its supplier consortium, according to operator DONG Energy. Henrik Poulsen, the firm's CEO and President, said DONG continues to press for first oil in 2017…
Image: LQT Industries, LLC LQT Industries, LLC has been awarded two projects to upgrade and refurbish single lift accommodations that house a total of 320 personnel on a drillship and a semisubmersible located in the Gulf of Mexico…
Aquatic Engineering and Construction Ltd. has been awarded a multimillion dollar contract on the US$10 billion Moho Nord subsea project, 75 km off the coast of the Republic of Congo, West Africa. The contract was awarded by a UK-based subcontractor working for Total E&P Congo…
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…