BP’s Group Chief Executive Bob Dudley said the words that many in the crowd at CERAWeek by IHS Markit have longed to hear, “Lower for longer, but not forever,” he told moderator Daniel Yergin. Dudley…
Norway's Ministry of Petroleum and Energy has set out proposed exploration blocks to be offered in the 24th licensing round, including a large tranche in the Barents Sea. The move follows an invitation to oil companies to nominate blocks for inclusion in the 24th Licensing Round…
Private equity backed UK explorer Azinor Catalyst has completed a site survey ahead of drilling on the Partridge prospect in the Outer Moray Firth in the UK North Sea. The survey was conducted by Gardline Geosurvey using its MV Sea Explorer…
TGS expects to begin a new multi-client acquisition project, Carlsen 3D in Barents Sea, Norway, in April 2017. Carlsen 3D is a 5490sq km multi-client survey in open acreage located in the southwest Barents Sea between the Tromsø and Sørvestnaget Basins…
Aqualis Offshore has been contracted by Aibel to conduct human factors analysis for a number of the EPC (engineering, procurement and construction) contractor’s ongoing projects on the Norwegian continental shelf. Under the contract,…
READ Cased Hole (READ) has been awarded a multi-country award in the UK, Ireland and Norway, to provide all cased hole logging services and analysis within scope of supply for Shell’s operations in these regions. Shell, who is keen to…
Subsea 7 has taken over Seaway Heavy Lifting following the purchase of 50% stake from K&S Baltic Offshore (Cyprus) Ltd., in a move that will increase its position in the renewables, heavy lifting and decommissioning markets. Image…
Seadrill has secured a one-well contract with Total E&P Cyprus B.V. for the West Capella, offshore Cyprus. The contract is expected to start in 2H 2017 and backlog, estimated at 50 days, is expected to be approximately US$10 million. The…
Engineering house Wood Group has made a US$2.72 billion (£2.22 billion) offer for rival Amec Foster Wheeler in a move that could spark further consolidation in the market. The takeover bid comes just three years after Amec's 2014, $3…
DOF Subsea has been awarded a contract in the Atlantic region for the mooring installation of a floating production and storage offloading (FPSO) unit on the UKCS (North Sea). DOF Subsea will deploy the Skandi Skansen along with a…
Industry doyen Sir Ian Wood has kicked-off a new campaign ahead of SPE Offshore Europe 2017 to encourage previous and future visitors, exhibitors and speakers to share their experiences of the event and what they are looking forward to seeing at September’s conference and exhibition…
Statoil made a 1-5 Bcm gas discovery at the Mim prospect in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map from the NPD. The finds were made at wildcat well 6507/3-12 and appraisal well 6507/3-12 A…
Premier Oil has revealed plans to drill offshore Mexico; the next phase of growth at Tolmount off the UK; and for the sanctioning of its BIGP project offshore Indonesia. Map of Block 2, Block 7 offshore Mexico…
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a lifting incident involving pipehandling on the Gullfaks B facility in the North Sea on 7 March 2017. Part of the Eagle Arm crane on this platform came loose and fell to the pipedeck…
Noble Energy cut first steel on its giant Leviathan natural gas project, offshore Israel. First steel cut for Leviathan. Image from Noble Energy LinkedIn. “We are excited to join…
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