Recent rig count data suggests that there are no big moves over or under for offshore rig counts from February through end of March 2017. Baker Hughes released its latest US rig count numbers on Friday, 31 March, showing an increase of four units over week ago…
Mechanical services group EnerMech has strengthened its market position in the Caspian region by securing contracts with major operators valued at more than US$49.8 million (£40 million). The contracts involve a number of EnerMech service lines including cranes and lifting…
GE Oil & Gas and Lekoil have signed a memorandum of understanding (MoU) for the development of a work program for the Ogo field in OPL310, offshore Nigeria. As part of the activities towards the development of the field, Lekoil says it…
Eni and its partner have agreed to underwrite and license 1800sq km of new multi-client 3D seismic data over FEL 3/04, in the southern Porcupine Basin, offshore Ireland, according to partner Providence Resources. FEL 3/04 is situated…
BP has agreed to sell its Forties Pipeline System (FPS) business to INEOS in a US$250 million deal, to focus on its major offshore interests west of Shetland and in the Central North Sea. Image from BP…
Statoil has officially taken over operatorship of the Sheringham Shoal Offshore Wind Farm, off the coast of Norfolk, from Statkraft. Sheringham Shoal. Image from Statkraft. Statkraft…
Petronas’ first floating liquefied natural gas (LNG) facility, PFLNG Satu, has successfully loaded its first cargo at the Kanowit gas field, offshore Sarawak. The first cargo was fully loaded onto the LNG carrier Seri Camellia which is expected to set sail for a South Asian market…
Aberdeen’s Interventek Subsea Engineering is launching a new Open Water Well Control Valve designed for light well intervention (LWI) and workover operations, including large bore, deepwater and HPHT applications. Image…
Inflow control valves and in-well fiber-optics have given Nexen far greater visibility of what’s going in and out of their reservoirs on the Golden Eagle field. Elaine Maslin reports. Golden Eagle with the Safe Caledonia alongside…
Tackling costs head on with fresh no-nonsense thinking could prove a boon for struggling subsea developments. Elaine Maslin reports on a project that hopes to achieve just that. The Paragon B391…
Melissa Sustaita provides an overview of activities slated for this year’s Offshore Technology Conference. An overview of OTC 2016’s exhibition hall. Photo from Offshore Technology Conference (OTC)…
Elaine Maslin chats with Helix Energy Solutions to find out how the intervention services provider is keeping afloat with new collaborative offerings, and, yes, new vessels entering the market. Helix’s newbuild the Siem Helix 1…
Intecsea’s Kirsten Oliver discusses a new flexible riser inspection tool created in partnership with UK-based Innospection. Figure 1: A typical flexible riser composition. Images from Intecsea…
Satnam Shoker, of Step Change Engineering, details a new automated, streamlined process, which helps save time during brownfield modification work. Scan data of cooler inlet pipework imported directly into Autodesk Recap…
While Southeast Asia has suffered during the downturn, a return to natural gas developments could drive sector activity over the next several years. Steve Hamlen sets out the details. Shell’s Gumusut-Kakap platform operating off the coast of Sabah…