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…
Providence Resources will proceed with drilling plans for its Barryroe appraisal project offshore Ireland, despite failing to consummate a farm-in agreement with Total. Providence's Ireland acreage in SEL 1/11…
Independent oil firm i3 Energy says detailed engineering studies into a tieback for its Liberator field have started. The firm is looking to tie the field into the Blake field host infrastructure, then through the Bleo Holm floating production storage and offloading (FPSO) vessel…
ROV services firm M² Subsea has unveiled its recently commissioned purpose-built test tank at the company’s base in Westhill, Aberdeenshire, UK. The indoor fresh water tank, which can hold 73,600 liters of water, has been created for testing ROVs and ancillary equipment…
Alpha Petroleum Resources has inked a contract with Awilco Drilling for drilling 18 development wells on its Cheviot field development in UK North Sea. The drilling, using the WilPhoenix semisubmersible drilling rig, will take about 1080 days and is due to start in Q2 2018…
Aker Solutions has won a contract from Statoil for front-end engineering and design of a new module to increase output at Troll, one of Norway's largest natural gas fields. The order includes an option for engineering, procurement, construction and installation of the module…
EagleBurgmann Germany GmbH has developed a mechanical seal for high pressure high temperature (HPHT) applications. The seal has been specifically optimized for subsea pumps designed for an absolute pressure of up to 1000 bar and ambient temperatures of up to 180 °C…
Norway’s Petroleum Safety Authority (PSA) has approved Wintershall to drill a wildcat in a prospect named Balderbrå in the Norwegian Sea. West Phoenix. Image from PSA. The well is in PL 894 at 1220m water depth…
UK-based safety and control systems firm Proeon Systems has appointed a new managing director. Richard Miller has nearly 30 year’s of leadership, expertise and knowledge in the oil and gas and energy industries, having worked at Aquatera Energy and Tyco Fire & Integrated Solutions…
Trelleborg’s engineered products operation is growing its portfolio of offshore floatover solutions, with a custom designed skirt pile gripper. Add to this its grout seal, diaphragm closure and grout packer products, and Trelleborg customers…
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…
Northeast Scotland's Balmoral Group has agreed to take a 'substantial stake' in mooring and lifting firm ACE Winches for a US$13.56 million (£10 million) investment. The two firms are to work together to 'maximize global opportunities in the offshore…
Statoil and Eni have awarded Bristow the contract for one SAR (search and rescue) helicopter, and one transport helicopter, which can be converted to a SAR helicopter when needed. Both are Sikorsky S-92 helicopters. Each contract has…
Japan's Inpex has made its first move into Norway by agreeing to acquire a 40% stake in PL767 in the western Barents Sea from Bayerngas Norge. Map of PL767, from Inpex. The license…
Sparrows Group has strengthened its leadership team with the appointment of Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables and industrial sectors…