Eidesvik has been awarded contract extension for the supply vessels Viking Lady and Viking Athene from Total on the Solaris well. The contract is in direct continuation with the current contract, which began in December 2015 with an estimated duration of 75 days…
Geoquip Marine, a geotechnical engineering and offshore drilling company, will unveil its new GMTR150 rig at Oceanology International in London. The GMTR150 is a twin ram drilling rig that can be used for drilling, coring, sampling and testing in water depths up to 3500m…
Bumi Armada intends to take legal action against Woodside Energy after Woodside terminated a floating production storage and offloading (FPSO) charter contract for operations offshore northwestern Australia. The Armada Claire…
With a weak start of the year for CGG, the French seismic company will reduce its fleet by another three vessels by the end of Q1, as its revenue dropped 32% from 2014. The Oceanic Vega. Image from CGG…
BP's Caspian Sea unit has inked 14 offshore support vessel contracts with Topaz Energy and Marine. The contracts cover a five-year period plus two one-year options at current market terms and will be primarily in support of BP’s ACG and Shah Deniz II fields offshore Azerbaijan…
Dana Petroleum commenced drilling operations at the Manatee-1 exploration well on the Bakassi West block, offshore Cameroon, according to partner SDX Energy. Map of Bakassi West block, from SDX…
Petrobras announced the start-up of the early production system in Sépia, the former Nordeste de Tupi area, in the pre-salt layer of the Santos basin, offshore Brazil. Sépia operations. Image from Petrobras…
A Noble Corp. newbuild jackup destined to work for Statoil in the North Sea sustained damage earlier this week at the Sembcorp Marine Tanjong Kling shipyard in Singapore, is expected to be delivered on time. Illustration of the Noble Lloyd Noble…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
Henrique Paula, of ABS, explains how data analytics can be used to improve safety, environmental protection, operational efficiency, and profitability in emerging energy markets such as Mexico. One of the most promising and legitimate…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
Despite the ongoing bribery investigations, Petrobras is ploughing ahead with new FPSOs. Pietro Ferreira, of the Energy Industries Council, outlines current contracting activity in Brazil and in Mexico. Ferreira…
OE’s Audrey Leon speaks with Scott Munro, McDermott’s Vice President, Americas, Europe and Africa, about recent projects undertaken at the company’s Altamira facility. PB-Litoral-A topsides floatover operations…
The floating rig market is preparing for the most challenging year ahead. Leslie Cook, of Quest Offshore, explains. Noble Corp. announced in Q1 it would retire the Noble Discoverer drillship after…
35 offshore projects and 100 rig years have slipped after the oil price collapse. Oddmund Føre, Analyst, Rystad Energy, explains. The market for oilfield services is hurting and offshore drilling is no exception. The global market for…