Seanic Ocean Systems discusses the creation of a new subsea dispersant delivery system. Overboard chute. Photos from Seanic. The offshore oil and gas industry is constantly looking…
ION Geophysical announced an approximate 50% extension to its previously announced program offshore Panama due to strong client interest and prefunding to evaluate offshore Panama in advance of the anticipated license round. The client…
Mermaid Maritime’s joint venture company formed between Mermaid and a local offshore services operator has secured a contract extension for offshore inspection, repair and maintenance services with a national upstream oil and gas company following its initial five-year contract period…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig. The Sedco Express ultra deepwater floater will be scrapped…
Statoil is awaiting the arrival of two of its Cat J jackup rigs in the Norwegian North Sea, one destined for the Gullfaks field and the other for the Oseberg field. Category J drawing. Image from Statoil…
Borr Drilling accepted a letter of intent from BW Energy Dussafu (BWE), a subsidiary of BW Offshore, for a drilling campaign offshore Gabon. Borr’s premium, high-specification jackup Norve will be utilized to drill and complete two subsea development wells…
Total E&P has extended the charter of the Safe Caledonia semisubmersible accommodation vessel at the Elgin-Franklin Facility in the UK sector of the North Sea. The 30-day option extends on site operations through until late October 2017…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to change the emergency response vessel solution for the Norne field in the Norwegian Sea. Norne is an oil and gas field in the Norwegian Sea, around 80km north of Heidrun…
LLOG Exploration Co. is moving forward to develop its Buckskin project in the deepwater Gulf of Mexico, signing a deal with Seadrill for the West Neptune to begin work later this year. West Neptune…
Heerema Marine Contractor’s iconic semisubmersible crane vessel Hermod is set to retire after a 40-year operational service history. Hermod's first job in 1979, installing the Piper A platform topsides in the UK North Sea…
The Shah Deniz consortium launched Khankendi, a new state-of-the-art subsea construction vessel, for the giant Shah Deniz 2 project in the Caspian Sea. Khankendi. Image from BP Twitter. The…
Subsea 7 has signed a letter of intent with Royal IHC in the Netherlands for the construction of a new US$300 million reel-lay vessel and associated pipe lay equipment for delivery in early 2020. A firm contract is expected to be awarded before the end of 2017…
Royal Boskalis Westminster has won contracts, including transporting the West White Rose platform topsides in North America, transport of offshore wind jackets in Europe, and taking the Hermod semisubmersible crane to China to be scrapped…
In a sustained low oil price environment, operators are facing increased pressure to reduce costs and minimise risk when making a final investment decision (FID) on a project, resulting in many capital intensive offshore developments being shelved…
Semco Maritime has won a deal to upgrade Seadrill’s West Elara jackup, to prepare the rig for an upcoming ConocoPhillips job in 2018. The West Elara, from Seadrill. Following upgrade…