Total and Socar, the national oil company of Azerbaijan, signed an agreement establishing the contractual and commercial terms for a first phase of production of the Absheron gas and condensate field, located in the Caspian Sea. The development…
US offshore drilling contractor Rowan Companies and Saudi Aramco have signed a deal to create a new offshore rig outfit. The new organization will be a 50/50 joint venture (JV) which will own, operate, and manage offshore drilling rigs in Saudi Arabia…
Neptune Marine Services (Neptune) has opened a new office in Houston, Texas, operating under the name Neptune Subsea. The move will enable Neptune to provide the full suite of Neptune’s services to clients within the Gulf of Mexico and the Americas…
UK independent EnQuest has brought its Scolty and Crathes development in the UK North Sea onstream. The firm also confirmed sailaway of the US$2.6 billion Kraken development floating production, storage and offloading vessel is due in coming days…
After forming its own offshore-focused offshoot this January, Colombian state oil company Ecopetrol noted in its Q3 conference call that it intends to stabilize its production with a more 'aggressive' exploration drilling program slated for 2017…
The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) released the final plan for the Outer Continental Shelf (OCS) lease sales for 2017-2022, excluding areas in the Beaufort and Chukchi Seas in the US Arctic…
The Amberjack debottlenecking project in the deepwater Gulf of Mexico (GoM) has been completed, expanding its infrastructure and increasing Green Canyon Block platform (GC-19) off-take capacity by 60%. Amberjack illustration…
Utility ROV Services (URS) has developed a new Mattress Recovery Tool (MRT) for the oil and gas decommissioning market. The tool has been designed to recover concrete mattresses that have been installed extensively in oil and gas fields to protect subsea piping…
GC Rieber Shipping has entered into a time charter agreement in West Africa with Marine Platforms Ltd.(MPL) for the SURF (subsea umbilicals, risers, and flowlines) vessel Polar Onyx. The vessel will perform subsea construction/SURF installation and field development for end client Chevron…
Production from the Aje field offshore Nigeria continues to be limited by the performance of the Aje-5 well which, as previously reported, requires subsurface intervention to remedy a mechanical problem, MX Oil said. In addition, the…
Hurricane Energy was awarded the P2308 licence (Halifax) offshore the UK by the Oil and Gas Authority in an out of round application. The licence is contiguous to, and extends north east from, Hurricane’s existing Lancaster licence. The…
Accommodation provider Prosafe has been hit with an order from the Norwegian Petroleum Safety Authority (PSA) after failing to remedy non-compliances found during an inspection. The PSA carried out an inspection on the Safe Scandinavia in September this year…
Perpetuus Tidal Energy Centre (PTEC) has announced major partnerships with global tidal turbine manufacturers, Schottel Hydro and Tocardo Tidal Turbines. PTEC is a 30 MW tidal tidal energy generation project being created off the Isle of Wight…
ExxonMobil is fast-tracking its Stabroek Block project where its giant Liza discovery lies, as the supermajor officially gave notice of the area’s commercial oil find to Guyana’s government yesterday (16 November), according the country’s Government Ministry of National Resources…
Electromagnetic Geoservices (EMGS) has entered into a firm contract with an oil company in Malaysia, confirming the provisional agreement announced oN 1 November 2016. The contract extension is worth approximately US$8 million and relates to a 3D EM data acquisition offshore Sabah…