Statoil awarded an eight-year contract for the design and supply of production chemicals and services for the Mariner Field to Baker Hughes in the UK. Contract start date is anticipated to start in July 2015 and also includes an extension option of four years…
Another round of job cuts are on the way as Aker Solutions and FMC Technologies move to reduce their workforces in Norway. Norwegian-based Aker Solutions said on Thursday (11 June) that it notified employees at its subsea services center in Agotnes…
China National Offshore Oil Corp. (CNOOC) commenced production at the Dongfang1-1 gas field Phase I adjustment project ahead of schedule, in the South China Sea. Image from CNOOC. The…
The Aberdeen & Grampian Chamber of Commerce released findings today (11 June) from its 22nd Oil and Gas Survey conducted in partnership with law firm Bond Dickinson, which revealed startling new numbers showing that confidence levels in the…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Swiber Holdings announced that its subsidiary Swiber Offshore Construction (SOCPL) has established a wholly-owned subsidiary in Singapore known as Whitmer Offshore (WOPL). The initial issued share capital of WOPL is US$100. WOPL…
Petróleos Mexicanos (PEMEX) discovered four new shallow water fields offshore Mexico with the potential to produce at least 200,000 b/d of crude oil and 170 Bcf/d of gas. Map of shallow water discoveries off Campeche and Tabasco…
Lundin Norway received approval from the Norwegian Petroleum Directorate to drill an appraisal well located southeast of the giant Edvard Grieg field, in the central North Sea. Map of well 16/1-23S…
Chevron awarded Technip a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2000m…
ALE is half way through the Malikai project in Malaysia, which is expected to include the world’s highest jackup and skidding operation. The global heavylift specialist was awarded the contracts for the Malikai project on behalf of TMJV…
Italian regulators will allow London-based explorer Northern Petroleum to conduct 3D seismic data studies at two of its wholly-owned permit areas in the southern Adriatic Sea. The approval to conduct new seismic in permits F.R39.NP and F…
EMAS Offshore secured a US$30 million contract for support services off West Africa. Under the job scope, four of EMAS Offshore’s marine vessels, including an accommodation barge, PSV and AHTSs, will be chartered to EMAS AMC, to provide accommodation…
Øystein Løseth has been elected as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Løseth has been a member of Statoil’s board of directors since 1 October 2014 and is a member of the board’s audit committee…
Det norske installed the 8900-tonne steel jacket for its Ivar Aasen platform in the North Sea. The Ivar Aasen steel jacket. Images from Det norske. The Saipem-built jacket was lifted in place down to the seabed at 112m water depth…
Providence Resources Plc reports that 3D seismic of its Druid exploration prospect in Frontier Exploration License 2/14 in the southern Porcupine Basin, found about 220km offshore southwest Ireland in 2500m water depth, looks encouraging…