A new report from analyst firm Wood Mackenzie, 'Deepwater GoM: 5 Things to Look for in 2018,' says costs have bottomed out and operators have set a new standard for operational efficiency, pointing toward positivity for the US deepwater Gulf of Mexico in 2018…
Statoil has awarded DeepOcean a contract to provide project management, engineering, procurement of anchors for risers and umbilicals, and offshore installation activities on the Snorre Expansion Project in the North Sea. The offshore…
An investigation into a fatal incident on the Maersk Interceptor jackup rig last month has identified “serious shortcomings” in systems and processes for materials handling. Following its investigation, Norway’s Petroleum Safety Authority…
Maria Moraeus Hanssen today (4 January) stepped into the role of CEO and board chairman of German exploration and production firm DEA. Before joining DEA, Hanssen had been working as CEO of ENGIE E&P International and Head of E&P Business…
A wildcat well drilled by Statoil near the Gina Krog field in the Norwegian North Sea was dry, says the Norwegian Petroleum Directorate (NPD). The well, 15/6-14 S in production license 029 C, was drilled just north of the Gina Krog field about 250km west of Stavanger…
ExxonMobil has down-manned facilities offshore Canada in advance of a winter storm expected to sweep through the area, says the Canada Nova Scotia Offshore Petroleum Board (CNSOPB). The National Oceanic…
Byron Energy is preparing to spud next week the F3 development well at South Marsh Island Block 71 in the US Gulf of Mexico, Otto Energy reported Tuesday (2 January). The company and its joint venture partner Otto will use the F3 well as a D5 development well…
Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has commenced the next phase of its shallow water 3D Multi-Client seismic acquisition campaign offshore Gabon with a 3D survey in the north of the country. The…
Saudi Aramco and partners Lamprell, the National Shipping Company of Saudi Arabia, and Hyundai Heavy Industries, announced on 30 December, 2017, the official launch of their International Maritime Industries (IMI) joint venture. When fully operational in 2022…
Danish drilling rig operator Maersk Drilling has won a four-year contract with Tullow Oil for use of the deepwater drillship Maersk Venturer offshore Ghana. The contract, signed in December 2017, is expected to start in February 2018…
The ROV market isn’t out of the woods yet, with plentiful supply in the market dampening any perceived uptick in activity. But, offshore wind might offer some respite. Elaine Maslin reports (first published in the January 2018 OE, access full issue here)…
UK North Sea Forties Pipeline System (FPS) operator Ineos says the system is now fully operational, following repairs works to a crack found in an onshore section of the pipeline, early December. 'All restrictions on the flow of oil and…
Former Apache North Sea boss Jim House has signed up to Neptune Energy as CEO, starting this month. House makes the move from Apache Corp. where he has spent the last 26 years in senior leadership roles, most recently as the Senior Vice President responsible for Egypt…
Australia's Santos is planning to drill the Paus Biru-1 exploration well on the Sampang production sharing contract offshore Indonesia, says partner Cue Energy Resources. Paus Biru is 27km east from the producing Oyong gas field. The…
Seeking to reduce “unnecessary regulatory burdens” while maintaining or advancing safety and environmental protection, the US Bureau of Safety and Environmental Enforcement (BSEE) plans to revise the Production Safety Systems Rule governing…