Claxton, an Acteon company, has been awarded a contract with Statoil to provide 'rigless recovery' of seven abandoned wells on the Huldra platform, located in the Norwegian Continental Shelf. Work is due to start in December 2016 and complete within 21 days…
Large, highly enriched accumulations of natural gas hydrates have been discovered in the Bay of Bengal, India, according to the US Geological Survey (USGS). It is the first discovery of its kind in the Indian Ocean that has the potential to be producible…
The UK's offhsore regulator, the Oil and Gas Authority (OGA), has launched the 29th Offshore Licensing Round, with more than 1200 blocks on offer. The latest round has been set out to support the OGA’s objective of maximizing economic recovery…
Nearly 400 members of Unite and RMT unions working for Wood Group across eight Shell oil and gas platforms in the North Sea have gone on strike today. The strike is the first in 28 years and is over a dispute over 30% pay cuts and changes to allowances…
Norwegian independent Det norske has marked the installation of the Ivar Aasen development topside. The 15,000-tonne topside has now been installed on the jacket, in two lifts using the Saipem 7000, on the Norwegian Continental Shelf…
UAE-based rig builder and engineering firm Lamprell says delivery of a jackup drilling rig, which had been scheduled for delivery in Q2 2016, has been delayed due to an issue with equipment supplied by an original equipment manufacturer. According to a November 2015 presentation by Lamprell…
Technip has been awarded an inspection, repair and maintenance contract by Repsol Sinopec Resources UK on its North Sea subsea infrastructure. Under a frame agreement, Technip will provide diving support and IRM services for 2016, with possible extension to include 2017 and 2018…
Forum Energy Technologies (FET) has opened a new plant near Houston expanding its syntactic foam manufacturing capabilities. The six-acre facility in Bryan, Texas, brings Forum’s Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth…
SapuraKencana’s wholly-owned subsidiary, SapuraKencana Mexicana has been awarded a contract worth approximately US$113 million from Pemex. The contract is for the procurement and construction of a 36in, 18km-long sour gas pipeline (KMZ…
International oilfield services company, Expro, has been awarded new contracts from India’s Oil and Natural Gas Corporation ONGC). Worth more than US$17 million over three years, the contracts will see Expro work on ONGC’s assets throughout western and eastern areas of India…
The US Bureau of Ocean Energy Management (BOEM) is gearing up to hold is first ever lease sale via a live broadcast later this summer that will mark the last lease sale for the Western Planning Area of the current five-year program. Image of Hopper…
Schlumberger has reduced its workforce by 16,000 so far this year, which the oil services giant attributed to weak activity that it expects to persist throughout the year. Image from Schlumberger…
Keppel Corp. reported a 45% decline in its profits in 1H 2016, as the Singaporean shipbuilder announced a reduction in its workforce by more than 5000. Image from Keppel. In the first six months of the year…
Norway-based geoscience firm Spectrum started a 15,000km multi-client 2D survey offshore Brazil in the Santos and Campos Basins. The new acquisition program is an outboard extension of Spectrum's 2012 Santos Campos Phase 1 survey, and will tie other programs in the Santos…
Malaysian state oil firm Petronas has awarded its first production sharing contract (PSC) for 2016, and given Thailand's PTTEP its first operatorship in Malaysia. The PSC was awarded to PTTEP HK Offshore, Kufpec Malaysia, and Petronas Carigali for the exploration Block SK410B…