Maersk Drilling has been awarded two contract extensions in the North Sea. The jackup Maersk Resolve has been awarded a contract extension by Wintershall Noordzee for the drilling of a third well in the ongoing drilling campaign in the North Sea…
Weatherford International has been awarded a contract for plug and abandonment (P&A) services by Repsol Norge. The work will start this month and is estimated to be completed over three years. The contract scope encompasses multiple services…
A new report into the UK North Sea oil and gas industry work force shows jobs have dropped to 302,000 from 460,000 in 2014, with the average age of staff increasing slightly to 42.7. The report in short: Industry supports more than 302…
UK firm Independent Oil and Gas (IOG) says it expects to award key project contactors and submit a field development plan for its Vulcan Satellites hub later this month following a report which has significantly increased reserves numbers for the fields…
Global Marine Group has agreed to acquire Fugro’s trenching and cable lay services business for about US$73 million in shares. The acquisition of Fugro’s trenching and cable lay services business involves the transfer of 23 Aberdeen-based Fugro staff and one vessel (Symphony)…
4Subsea has been awarded a Shell-funded contract to support COPPE, the center for engineering research and education at the Federal University of Rio de Janeiro (UFRJ). The project is funded by Shell Brazil and is a partnership with UFRJ-COPPE EMBRAPII…
Russia’s Rosneft has closed the US$1.13 billion deal to acquire stake in the Shorouk concession, containing the giant Zohr field offshore Egypt from Italy’s Eni. Map of Zohr, from Eni. Rosneft…
Total E&P Malaysia has signed a 60-day contract for the Maersk Deliverer semisubmersible to drill offshore Southeast Asia, bringing the vessel out of warm stacking. The contract covers the drilling of one exploration well in the Block DW-N Sabah offshore Malaysia…
Tower Resources is taking steps to drill on the shallow water Thali license offshore Cameroon. Map of Thali. From Tower. Thali is in the Rio del Rey basin in the eastern part of the Niger Delta…
Wärtsilä has acquired privately-owned Guidance Marine, a company with offices in the UK, Singapore and the US that provides sensor solutions relating to dynamic positioning and other vessel control systems, such as collision avoidance and remote control operations…
BiSN announced the expansion of its corporate headquarters with a US$2.6 million (£2million) investment. Based in Warrington, the £2million premises will see BiSN expand into a 2000sq m site, which brings its research and development…
Paulo Ruiz Sternadt, 42 has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks (54) who will leave the company at her own request. Ruiz Sternadt…
Eni has been ordered to shut down all production from the Goliat floating production, storage and offloading (FPSO) unit, after the Petroleum Safety Authority of Norway (PSA) gives the Italian giant a notice to improve its electrical safety…
Study area, in red. Map from Total. Total and the National Office of Petroleum of Guinea (ONAP) signed a technical evaluation agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry…
Russian gas giant Gazprom Neft says it has made a new discovery containing 255 million tonne of oil equivalent (ca.1.8 bn boe) in place on the Ayashsky license block, in the Okhotsk Sea. The Ayashsky block in the Okhotsk Sea forms part of the Sakhalin-3 project…
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