Interest in new licenses in existing exploration plays offshore Norway has dropped by about a quarter. Some 33 companies have applied for licenses in Norway's 2016 awards in pre-defined areas licensing round, the Norwegian Petroleum Directorate (NPD) said this morning…
Supermajor Shell is moving most of its employees in Houston from its downtown location to the west side of the city. The changes, which are expected to take effect in Q1 2017, will move about 3400 employees from the Central Business District…
Halliburton (HAL) has released the Acoustic Conformance Xaminer service (ACX), a technology designed to help operators identify and pinpoint wellbore leaks by analyzing sound waves that describe flow patterns in the formation and casing. The…
Petroleo Brasileiro (Petrobras) is once again decreasing its capex by 25%, the company revealed as part of its 2017-2021 business and management plan today (20 September). Libra operations. Image from Petrobras…
FMC Technologies has installed and tested its annulus monitoring system (AMS) in an offshore well in Malaysia owned by Petronas. A winner of the 2015 Offshore Technology Conference Spotlight on New Technology award, FMC Technologies’…
Siemens is set to build a wind project offshore Denmark with innovative foundations and cable systems, the company said today (20 September). Four wind turbines and related equipment take a large step into the future of offshore wind…
PT Medco Energi Internasional has agreed to acquire two subsidiaries of ConocoPhillips, seeing it take over the South Natuna Sea Block B production sharing contract, offshore Indonesia, with a 40% working interest. Image from ConocoPhillips…
CGG's Fast Trax Reverse Time Migration (RTM) data from its Encontrado multiclient mega-merge project covering the Perdido fold belt has been delivered ahead of Mexico's December Licensing Round. The Encontrado reprocessing project is a merge of over 38…
MacGregor won comprehensive equipment package contracts for a variety of seven specialist support vessels that will operate in the Middle East region. MacGregor will deliver deck cranes and a range of deck machinery to each vessel. The order is booked into Q3 2016 order intake…
Strainstall has been awarded a contract to provide mooring monitoring for the Hywind pilot park – the world’s first floating offshore wind farm. The contract with MacGregor will provide an integrated offshore mooring solution for the floating turbines…
Statoil, Centrica and ExxonMobil, and Tord Lien, the minister of petroleum and energy, celebrated the 5 billion boe mark that has been delivered by Statfjord since first oil in 1979 today (19 September). Arne Sigve Nylund (left)…
Statoil announced the opening of its new operations center for the UK Continental Shelf (UKCS) that will see its workforce grow by 40; in addition its plans to drill three wells in the area. Scotland’s…
InterMoor has appointed Joe Price as country manager for InterMoor Canada based in St. John’s, Newfoundland, the regional hub for the Canadian offshore oil and gas sector. Price, a native Newfoundlander, is a graduate of the Ocean and…
In less than a week, the topside for Statoil's Gina Krog project was installed on the field in the North Sea. Five thoroughly heavy lift operations were performed by the Saipem 7000, and all went according to plan. The development…
Mubadala Petroleum has completed drilling operations at the MNA-17 appraisal well in the Manora oilfield in the Gulf of Thailand, according to partner Tap Oil. The Manora Oil Development joint venture was able to appraise the 500 series sands and assess a separate untested fault block…