Offshore Regions News - page 1443


Sandvik opens South American facility

Oct 26, 2015

Image: Sandvik Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has announced the opening of its South American…

OPITO app makes waves in North Sea

Oct 26, 2015

Image: OPITO OPITO has introduced a mobile app designed to give North Sea offshore workforce access to their training and certification records anywhere at any time. In its first year…

Bestobell Marine secures order for second Yamal vessel

Oct 26, 2015

Bestobell Marine, a manufacturer of cryogenic valves, has secured an order for its cryogenic globe and check valves for the second LNG carrier in the Yamal series of vessels being built at DSME shipyard in South Korea.  After successfully…

QGEP, Shell sign COSA

Oct 26, 2015

QGEP Participações has announced that Queiroz Galvão Exploração e Produção has signed a Crude Oil Sales Agreement (COSA) with Shell Western Supply and Trading for the early production system (EPS) of the Atlanta Field. This contract refers to QGEP's 30% share in the production from the field…

Europa: Low rig rates is an opportunity

Oct 26, 2015

Europa Oil & Gas CEO Hugh Mackay says now is a perfect chance to drill on the firm’s offshore Irish prospects thanks to rig rates being at their lowest in a decade. The CEO, whose firm is targeting 1.5 billion boe, unrisked, in three…

Ivory Coast project ramps up

Oct 26, 2015

Foxtrot International has started production from a second platform on Block CI-27 offshore Côte d'Ivoire, according to Foxtrot part owner, Oslo listed RAK Petroleum. The Marlin-B1ST well, the first well in an initial five-well drilling…

Dong picks DeepOcean for cable installation

Oct 26, 2015

Dong Energy has awarded a contract for the provision of cable installation and trenching work for its Race Bank offshore wind farm to DeepOcean. Offshore work will be carried out in 2016/2017 from DeepOcean’s in-house fleet of dedicated cable installation and trenching vessels…

Proserv wins Johan Sverdrup contract

Oct 26, 2015

UK-based energy services company Proserv has secured a £1.6 million plus contract to provide topside control equipment at one of the largest field discoveries on the Norwegian Continental Shelf. The agreement will see Proserv supplying Aibel…

Transocean to pay US$20 million to Alabama for Macondo

Oct 23, 2015

Transocean and the state of Alabama have agreed to a US$2 million settlement stemming from 2010’s Deepwater Horizon disaster. The Deepwater Horizon. Image from EPA. Governor Robert Bentley announced the settlement this week…

EIA: UAE seeks 30% production boost

Oct 23, 2015

The US Energy Information Administration (EIA) reported today (23 October) that the United Arab Emirates (UAE) intends to increase its production 30% by 2020 using EOR techniques.  For the UAE, EOR technologies will be the best way to…

Norway looks at unmanned wellhead platforms

Oct 23, 2015

The Norwegian Petroleum Directorate wants unmanned wellhead platforms to be considered more often as an alternative to subsea tie-back in connection with development decisions.   Image:  The unmanned…

Vietsovpetro JV in Vietnam find

Oct 23, 2015

The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam. Map of Block 09-3/12 (the greyed area)…

Cosco confirms floater delay

Oct 23, 2015

Dana Petroleum's Western Isles floating production unit will not be on stream until late 2017, some two years later than originally planned, it was confirmed today. In a statement, China's Cosco Corp (Singapore) said it and a European…

Suffering continues in seismic markets

Oct 23, 2015

The geoscience segment of the offshore oil and gas industry was first to be hit, when oil prices took a nose dive from 2H last year. Results from two of the main geoscience players this morning confirm a broad industry outlook that the pain is set to continue well into 2016…

E.ON’s Amrumbank West operational

Oct 22, 2015

The construction of Amrumbank West offshore wind farm in the German North Sea is complete. Image from E.ON. All 80 turbines are connected to the network. With its full installed capacity of 288 MW now operational…

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