Offshore Regions News - page 1318


Viper Subsea acquires stake in LiveWire Innovation

Aug 30, 2016

Viper Subsea Technology, the Portishead and Aberdeen-based subsea engineering company that provides consultancy and develops products for the oil and gas sector worldwide, has acquired a 33% equity stake in US-based LiveWire Innovation, a…

Petronas inks Asian airborne FTG data acquisition

Aug 30, 2016

Petronas has awarded Bell Geospace and Onyx Engineering a contract for 3D multi-client full tensor gradiometry (FTG) data acquisition, processing and interpretative services that will cover approximately 198,900sq km offshore Peninsular Malaysia…

Wood Group inks DONG frame agreement

Aug 30, 2016

Wood Group has been awarded a new engineering services framework agreement by DONG Energy, to support the firm's oil and gas assets across the Danish, Norwegian and UK continental shelves.  Front end development, maintenance and modifications…

Shell completes Ormen Lange subsea compression pilot testing

Aug 30, 2016

Oil major Shell has completed system testing of the Ormen Lange subsea compression pilot in Norway, technology provider GE Oil & Gas has said.  GE says it is the world’s first subsea gas compression system with a full subsea power supply…

COSL inks double vessel Mexico gig

Aug 30, 2016

China Oilfield Services Ltd. (COSL) signed a rig and logistics integrated service contract with Mexico’s Hokchi Energy S.A de C.V. as part of the country’s energy reform. The COSLHunter, from COSL…

Statoil, Petrobras strengthen Brazil pact

Aug 30, 2016

Norwegian giant Statoil and Brazilian giant Petrobras entered into a two-year memorandum of understanding (MoU) to strengthen cooperation between the two offshore Brazil. Statoil CEO, Eldar Sætre (left)…

Verisk Analytics acquires Quest Offshore business

Aug 30, 2016

Verisk Analytics, Inc. entered a deal to acquire the data and subscriptions business of Quest Offshore Resources, which supplies market intelligence to the offshore oil and gas sector. The data and subscriptions business will become part of Wood Mackenzie…

Statoil plans for major Barents exploration

Aug 30, 2016

Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017, in addition to strengthening its position in the area through several transactions with other companies. Barents map…

CGG forms Ghana JV

Aug 30, 2016

CGG signed an agreement with GNPC Operating Services Co. (GOSCO), an independent Ghanaian E&P services company, to form a joint-venture company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana…

DNV GL launches risk assessment approach

Aug 30, 2016

DNV GL’s new paper, ‘Enabling confidence – addressing uncertainty in risk assessments’, describes an improved risk management approach to achieve adequate safety levels while keeping costs under control. According to DNV GL, there is…

Statoil gets early start at Gullfaks Rimfaksdalen

Aug 30, 2016

Statoil has gotten a four-month early start at its Gullfaks Rimfaksdalen (GRD) field, which was scheduled for start-up on 24 December. The project has worked faster and now the field is onstream – at lower costs than planned, the company said…

Shell divests GoM Brutus, Glider assets

Aug 30, 2016

Shell is divesting 100% of its Brutus and Glider assets in the Gulf of Mexico in a US$425 million cash deal with Houston-based and privately held EnVen Energy Corp. Brutus, during dockside integration…

ONS: Blaze launches FLEX-FLO

Aug 29, 2016

Fire control and safety solutions firm Blaze Manufacturing Solutions has launched its new flexible pipe solution and announced a strategic partnership with a Norwegian firm at this year’s ONS Exhibition and Conference in Stavanger, Norway…

Zenith completes P&A off Italy

Aug 29, 2016

Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment (P&A) of the Ombrina Mare development well, offshore Italy, for London’s Rockhopper Exploration. The Atwood Beacon…

Gulf storm leads to evacuations, shut-ins

Aug 29, 2016

A threatening storm in the Gulf of Mexico has forced oil and gas operators to evacuate six production platforms and one rig, and shut-in oil and natural gas production, the Bureau of Safety and Environmental Enforcement (BSEE) said today (29 August)…

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