Abu Dhabi-based Gulf Marine Services has won a new contract award for one of its mid-size class vessels. The contract, scheduled to start immediately, is for 12 months including options, with the vessel supporting a Middle East/North Africa (MENA)-based national oil company…
Cost reduction measures continue at Fugro, as the company plans to further reduce its workforce and fleet in the remainder of 2016. Image from Fugro. During 1H 2016, Fugro cut its headcount by 585…
Eni is to plug and abandon its Aurelia wildcat exploration well in the Barents Sea after poor drilling results. The well, 7222/1-1, was the first exploration well in production license 226, awarded in 1997. It was drilled about 80km…
InterMoor's Brazilian subsidiary successfully completed its involvement in the decommissioning operations of the OSX-1 FPSO (floating production, storage and offloading). InterMoor was responsible for the disconnection of the submerged turret production system (STP)…
Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…
Cobalt International Energy is setting Angola as its number one priority, as the Houston-based company disclosed a multimillion-dollar loss in Q2 2016 due to a dry well in the Gulf of Mexico. The Rowan Reliance drillship…
Fugro completed a 33-month period of metocean data acquisition for Hess Ghana Exploration, offshore western Ghana. Measurements were made at three locations in an area offshore western Ghana known as the Deepwater Tano/Cape Three Points block…
Quadrant Energy started drilling the Driftwood-1 well in the WA-320-P permit area in the Carnarvon Basin, offshore Western Australia. The well, being drilled with the Noble Tom Prosser jackup, is in the Barrow sub-basin of the Northern Carnarvon Basin…
Subsea oil storage solutions could help unlock marginal fields; how easy would it be? Elaine Maslin reports from a workshop that assessed the issue. The Solan subsea tank prior to installation…
Statoil is applying new concepts and new thinking to the Johan Castberg development on the Norwegian Continental Shelf. It’s a DC fiber optic future, Elaine Maslin reports. Transocean’s Polar Pioneer semisub drilled the Skrugard prospect in 2011…
Osbit has successfully completed and loaded out US$3.96 million (£3 million) worth of well intervention equipment to Helix Energy Solutions, for installation in Schiedam on Helix’s chartered Siem Helix 1 vessel. The multi-million dollar…
Transocean has agreed to acquire all of the outstanding common units of Transocean Partners not already owned by Transocean in a share-for-unit merger transaction that will also see the Houston-based company takeover three vessels. In the merger…
Dutch heavy weight Allseas has successfully completed commissioning of the topsides lift system on its heavy lift mega-vessel the Pioneering Spirit. The massive, twin-hull US$2.7 billion vessel has also completed the major part of the…
Assessing the condition of pipelines, especially as they get older, is an increasing task. John Sheehan surveys potential solutions. Tracerco’s Discovery tool. Image from Tracerco. The…
Malaysia’s MISC has built a minimal facilities FPSO for use on marginal fields. John Sheehan takes a look. Malaysia Marine and Heavy Engineering handle the conversion (fabrication, installation and integration) of the FSO MaMPU 1…