Norway’s Petroleum Safety Authority (PSA) has granted Eni consent to use Scarabeo 8 at Goliat, which will drill two production wells, in the Barents Sea. One of the two wells to be drilled is for oil production, while the other is for water injection…
Ophir Energy has lined up projects for the year, and is ready to spud a well offshore Cote d’Ivoire, in addition to reaching a final investment decision (FID) for the Fortuna FLNG Project, offshore Equatorial Guinea. Image from Ophir…
The downturn is forcing operators to go back to the drawing board in order to advance projects. EIC Analyst Angeline Elias provides an overview of activity in Asia Pacific. Dockwise loading out the SHWE platform…
UK-based independent explorer Premier Oil's share value surged 100% this morning after trading recommenced following a two-week suspension. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North…
Eni is a step closer to starting production on the Barents Sea Goliat field in coming weeks following consent to use the Goliat floating production, storage and offloading (FPSO) facility from Norway's Petroleum Safety Authority (PSA). The…
Houston-based BOP Technologies announced a new approach to allow a BOP to work even if the drilling rig loses power or hydraulic pressure. The company calls it 'a huge step' toward making BOPs the last line of defense in case of a blowout…
The Petroleum Safety Authority of Norway granted an extension to Eni for use of the Flotel Superior accommodation facility at the Goliat field, in the Barents Sea. Image from Eni. The…
Subsea engineering and training firm Jee completed a contract with Decom North Sea (DNS) to identify pioneering methods of salvage and re-use options for concrete subsea mattresses. The aim of the project, which started February 2015 and saw Jee partner with DNS and Zero Waste Scotland (ZWS)…
ABB Consulting launched a major study on behalf of Decom North Sea (DNS) and Zero Waste Scotland (ZWS) to look into ways of reducing the cost of decommissioning. Image from DNS. The…
Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…
Sevan Marine’s Sevan 300-designed circular FPSO, which serves Petrobras’ Piranema field off Brazil. Photo from Sevan Marine. A new study by RPSEA, Doris-Inc., and Sevan Marine investigates…
Halvorsen Kanfa-Tec recently finished and shipped four 20MW Circular Waste Heat Recovery Units (WHRU) to Mexico. The highly efficient WHRUs, in terms of weight and volume, will be utilized by Pemex in the Cantarel Complex in the Gulf of Mexico…
Singapore-based investment-holding company SEA9 Pte. Ltd. moved to acquire all the issued and paid-up ordinary shares in the capital of Kreuz for S$0.80 per ordinary shares in the capital of Kreuz. Swiber will receive a consideration of S$256…
Hummingbird Spirit FPSOHummingbird FPSO heads to Antrim’s Fyne FieldAntrim Energy is to charter the circular FPSO Hummingbird Spirit for operations on its Fyne field in the UK's Central North Sea when it comes off its current program working for Centrica at Chestnut…
Design by analysis rather than the traditional formula approach is the way forward for pipeline operators and contractors looking to cut project costs and timescales, argues TRaC Global consultant Dr Peter Moir.Analysis to validate the design…