Following its launch during last month’s Intelligent Energy event, entries have now opened for the 2017 Offshore Achievement Awards. Hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, with the support of principal sponsor TAQA and media partner OE…
Mexico’s Petróleos Mexicanos (Pemex) is looking to turn its financial structure around in 2017 by placing, repurchasing, and exchanging bonds. Image from Pemex. Yesterday (3 October)…
Oil & Gas UK (Oil & Gas UK) appointed four new members to its board. Cory L. Loegering, region vice president and managing director for Apache North Sea; Robin Allan, Premier Oil’s director, North Sea and Exploration; and Bill Dunnett…
TGS has completed the acquisition of its 186,000km Gigante seismic survey offshore Mexico. The acquisition of this survey began in June 2015 with five seismic vessels contracted to acquire a dense, modern, long offset regional 2D seismic grid…
Aibel was awarded the modification assignment to ready the Heidrun platform to receive the production from the Dvalin field (formerly Zidane). The Heidrun platform (image: Øyvind Hagen/Statoil)…
Aker Solutions has secured two contracts worth at least US$112 million (NOK 900 million) from DEA Norge to deliver the subsea production system, maintenance and services at the Dvalin natural gas development offshore Norway. Dvalin illustration…
Seadrill Partners received a notice of force majeure from Tullow Ghana for the West Leo drilling contract effective 3 October 2016 that the company is disputing. Seadrill said it will move to enforce all its rights as per the contract and governing law…
DEA has submitted the plan for development and operation (PDO) for the Dvalin field (previously named Zidane) to the Ministry of Petroleum and Energy in Norway. Dvalin will be the company’s first operated field development project in Norway…
The Wuchang Shipbuilding Industry Group yard in China has delivered two new Wärtsilä designed anchor handling tug supply (AHTS) vessels to China Oilfield Services Ltd. (COSL). The delivery of these two ships follows the success of the…
India’s Reliance Industries has elected to terminate its contract with Transocean for the Discoverer India ultra deepwater drillship at the end of the year. The rig provider announced Reliance’s exercise to its contractual option to terminate the effective December 2016…
Transocean has won a contract for the Transocean Barents harsh environment, ultra deepwater floater with Suncor Energy, offshore Canada. The 15-month contract has been set at a dayrate of US$260,000. The estimated contract backlog, excluding mobilization is $119 million…
ROVOP, an independent subsea remotely operated vehicle (ROV) service provider, has expanded its fleet of ROVs for the US region by taking delivery of a Seaeye Leopard electric work class ROV. The ROV will be added to ROVOP’s existing capability at its Houston base…
Jakob Stausholm resigned from his position as member of the board of directors in Statoil with immediate effect, to avoid potential conflicts of interests following his new appointment as CFO of the Maersk group. Stausholm takes up his new position on 1 December 2016…
Wreckage from the Chevron helicopter crash has been found, along with one of the missing persons from the deadly accident that occurred last week. Image from iStock. According to Chevron subsidiary Cabinda Gulf Oil Co…
In this video, Statoil shows a timelapse of installation work at Aasta Hansteen conducted by Subsea 7. Pipelines, risers and spools were installed and hooked up to subsea templates and umbilicals that were installed last year. The…