Russian President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil today. Gazprom Neft, the oil arm of Russia's top gas producer Gazprom, shipped the first 70,000 tonnes of oil by tanker from the Prirazlomnoye platform…
A slowdown in 2014 drilling will be short-lived, according to Noble Corporation, which posted growing margins thanks to its expanding fleet, with another four units due for delivery by the end of 2014. Noble’s chairman, president and CEO…
A multidisciplinary consortium of six private and public organisations from five European countries, led by the French wind power firm ASAH LM, will develop a floating wind turbine concept (SPINFLOAT) based on GustoMSC’s Tri-Floater. Other members include: SSP Technology…
The Bureau of Safety and Environmental Enforcement's Alaska region director Mark Fesmire participated in a panel discussion yesterday (April 17) in Washington, D.C. on applying lessons learned for drilling in the Arctic. During the discussion…
Baker Hughes has announced its weekly rig count for the US and Canada. US: The US Rig Count is unchanged from last week at 1831, with oil rigs down 7 to 1510, gas rigs up 6 to 316, and miscellaneous rigs up 1 to 5. US Rig Count increased by 73 rigs from last year to 1758…
Pennsylvania-based TE Connectivity has signed an agreement to acquire SEACON group, provider of underwater connector technology and systems, for US$490million in cash. The SEACON group serves the military marine and sub-sea sectors for remotely operated vehicles (ROV)…
McDermott International has signed an agreement with PD Ports which paves the way for McDermott to operate a spoolbase to serve projects in the North Sea. McDermott says it expects to have the facility, at the Port of Hartlepool, northeast England…
Total has made a 'very promising' light oil discovery in 2300m water depth as part of an intensive exploration campaign off Ivory Coast. The Saphir-1XB exploration well, the first exploration well on Block CI-514, is the first discovery in the San Pedro basin…
Netherlands-based Airborne Oil & Gas has secured an order for multiple flexible risers and jumpers from OneSubsea. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation…
Irish oil and gas exploration firm Providence Resources has been offered a follow-on Frontier License (FEL) on the Newgrange area. Newgrange lies in about 1000m water depth in the Goban Spur basin, 260 km off the south west coast of Ireland…
Total E&P announced today that its Saphir-1XB exploration well on Block CI-514 tested light oil in deep water off Africa's Ivory Coast. “Drilled in an abrupt margin play, this first well is the first discovery in the San Pedro Basin…
Shell announced a deepwater natural gas discovery off Malaysia. The successful Rosmari-1 well is 135km off the coast of Sarawak, in the South China Sea (Block SK-318). It was drilled to a total depth of 2123m and encountered a gas column of more than 450m…
Drilling has begun on the FAN-1 exploration well, offshore Senegal, using Transocean's fifth-generation semisubmersible, Cajun Express. The rig arrived on-site Saturday, 12 April, and drilling operations on the FAN-1 well are expected to last approximately two months…
Maersk Drilling’s second drillship, Maersk Valiant, has started its voyage to the US Gulf of Mexico (GOM) today after being delivered from Samsung Heavy Industries' (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant (pictured) will…
A Petrofac-Siemens consortium is to provide the BorWin3 offshore wind farm grid connection in the German North Sea under a contract with TenneT. Petrofac will be responsible for the construction and offshore installation of the BorWin3 platform…