Statoil has completed a deal to acquire Wintershall's 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS), increasing its stake to 70%. Byrding, in PL 090B, is an oil and gas discovery in the northern part of the North Sea…
Rig operator Songa Offshore has mobilized its emergency response team after water got into a pumproom on its Songa Encourage semisubmersible drilling rig. The unit is a Cat-D rig, one of four newbuilds which have entered service for Songa in the past couple of years…
The past year has undoubtedly been one of the toughest for the oil and gas industry in recent memory. As we enter 2017, we consider three key themes that could shape the industry over the year ahead. A North America-led oilfield services…
A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to GlobalData…
Maersk Oil is to shut in its Tyra field offshore Denmark in a move that could impact a string of other fields on the Danish Continental Shelf. Maersk Oil says it was unable to find an economic strategy for full recovery of the remaining resources in the field…
Norwegian geoscience firm Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has started the first of a series of 3D Multi-Client seismic acquisition programs offshore Gabon. The programs are in under-explored areas over shallow water open blocks…
Melissa Sustaita charts the progress of two of the Caspian region’s famed oil and gas projects, NCOC’s Kashagan and BP’s Shah Deniz. Last year (2016) had its share of peaks and valleys; however, it was a year of excellent progress for two huge projects in different sectors of the Caspian Sea…
Despite reductions in exploration spend, work goes on. Elaine Maslin speaks with Wood Mackenzie’s Andrew Latham to find out where explorers will aim their drillbits this year. Stena DrillMAX. Photo from Stena Drilling…
Audrey Leon speaks with MJ Hellail, president and CEO of Samoco Oil Tools, to discuss a few of the fit-for-purpose technologies the new firm has launched. Samoco Oil Tool’s Houston facility. Photos from Samoco Oil Tools…
Hess is dedicated to bringing its Stampede project online on-time and on-budget, with safety being the key to success. Jerry Lee dives into the finer details of the project, slated for 2018. In September 2016…
Richard Mills, of Kongsberg Maritime, discusses survey class AUVs and USVs. Workers ready Hugin AUV. Photo from Kongsberg Maritime. The autonomous underwater vehicle (AUV) market…
For McDermott International, the Middle East is a key region. Currently, it is one of five EPCI contractors with a long-term agreement with Saudi Aramco. OE spoke with Linh Austin, vice president and general manager, Middle East and Caspian…
Audrey Leon speaks with Lloyd’s Register about a new cloud-based software aimed at optimizing maintenance programs and reducing operational expenditures by up to 40%. Image from iStock. Managing…
2017 may be the year things start to look up in the oil and gas sector. Audrey Leon speaks with Robin Mann of Deloitte, to get a clearer picture on the activity front. Image from iStock. OE…
Decommissioning offshore structures isn’t going away any time soon and research points to a US$210 billion bill for this activity from 2020-2040 worldwide. John Bradbury looks at the market. Allseas’…