Russia's Gazprom began construction of the TurkStream pipeline’s offshore section. The Allseas Group, contractor for both strings of the gas pipeline's offshore section, started laying the pipes using the Audacia vessel. Construction…
Gazprom-led Nord Stream 2 has signed financial agreements with five major energy companies, including supermajor Shell, for the Nord Stream 2 pipeline project. Nord Stream 2 pipeline signing. Image from Uniper Twitter…
Norway's Polarcus has delivered its Polarcus Amani seismic vessel, without streamers, to Russia's Sovcomflot in Bergen. The vessel has been chartered by Sovcomflot under a bareboat agreement for five and a half years. Following delivery of the vessel to Sovcomflot…
Siem Offshore has lined up a string of charter contracts for its vessels with several global companies. BHP Billiton has hired the Siem Aquamarine and Siem Amethyst AHTS vessels to support upcoming drilling work west of Australia for a firm period of 240 days…
Ampelmann, a provider of safe offshore access to the energy industry, has released it latest Walk to Work system which has been specially designed for operation in extreme cold conditions. The N-type, nicknamed Icemann, was officially launched in Rotterdam…
Russian's Lukoil says its Phase 2 Vladimir Filanovsky LSP-2 ice-resistant topsides have set sail for the Caspian Sea. Production from the project is due at the end of this year. Phase 2 of Vladimir Filanovsky field development provides for the construction of a fixed ice-resistant platform…
Nord Stream 2 finalized a deal with Allseas for the offshore pipelay of the Nord Stream 2 natural gas pipeline though the Baltic Sea last week, as the Gazprom-led company moves to begin the environmental impact assessment (EIA) procedure in Russia for the project…
Rosneft started drilling the Tsentralno-Olginskaya-1 well, the northernmost well at the Russian Arctic shelf, in the Khatangsky license area. Image of Rosneft workers drilling the northernmost well at the Russian shelf…
Scott Weeden looks at new developments in extended reach drilling, which include managing vibrations, thereby allowing the BHA and bit to stay on bottom longer and get the well to total depth. The…
Russia's Gazprom Neft is set to drill the first exploration well on the Ayashsky Block in the Sea of Okhotsk after signing a contract for use of a Japanese drilling rig. Gazprom acquired a license for the exploration, development and…
Sakhalin Energy Investment Co. awarded KCA Deutag a four-year contract extension for platform drilling services on three platforms offshore Sakhalin Island in Russia. The contract extension is effective from 1 June 2017 to 31 May 2021…
Polarcus has signed a heads of agreement with Russia's SCF GEO AS (Sovcomflot) to charter a vessel on bareboat terms with delivery scheduled for March 2017, a deal that comes with an option for Sovcomflot to buy the vessel. Image of the Polarcus Nadia…
US giant ExxonMobil announced it will start five major offshore projects in 2017-2018, in addition to a Q4 2016 earnings of US$3.7 billion, which took a $2 billion impairment charge from its upstream sector. Image from Exxon…
BP is forecasting that renewables will become the fastest growing fuel source by 2035, nearly quadrupling over the next 20 years, according to the UK oil giant’s latest Energy Outlook. Image from BP…
Gazprom Neft subsidiary, Gazpromneft Sakhalin, has acquired a license for the exploration, development and production of hydrocarbons at the Ayashsky block, on the continental shelf of the Sea of Okhotsk. Map of the Ayashsky block…