North Sea-focused Independent Oil and Gas (IOG) has signed a letter of intent with Heerema Fabrication Group for front-end engineering and design (FEED), and engineering procurement, construction and installation (EPCI) of up to four normally unmanned installation platforms (NUIs)…
Baker Hughes, a GE company announced that its board of directors has elected BHGE President and Chief Executive Officer (CEO) Lorenzo Simonelli as chairman of the BHGE board, effective today (2 October). Simonelli…
CGG’s creditors have overwhelmingly accepted the company’s proposed chapter 11 plan, the French seismic firm announced today (2 October). Image from CGG. “Specifically, all holders…
Jan De Nul Group has begun preparations for the subsea cable laying work for ADMA-OPCO’s NASR Full Field Development Package 2 Project off the coast of Abu Dhabi in the Arabian Gulf. Isaac Newton…
DONG Energy (Danish Oil and Natural Gas) has proposed to change its company name to Ørsted, following its strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production. Turbine…
The Society of Petroleum Engineers (SPE) Aberdeen Section has now opened entries for the 32nd Offshore Achievement Awards (OAA). The OAAs were launched during last month’s SPE Offshore Europe and are supported by OE. Categories remain similar to last year’s line up…
Petrobras has signed a heads of agreement (HoA) with Norway's Statoil to commit to assessing cooperation opportunities aligned with their business strategies relating to deepwater mature fields. The agreement is in continuity with a memorandum of understanding signed in August 2016…
i3 Energy has submitted its field development plan and environmental statement (ES) for the development of the Liberator field in the UK North Sea. i3 plans to tie the field into the Blake field host infrastructure, then through the…
With oil prices expected to remain low, decarbonization targets looming and infrastructure nearing the end of its life, is it time for the North Sea industry to start taking carbon capture and storage seriously? Emma Gordon reports from SPE Offshore Europe…
Is deepwater still relevant? Shell thinks so, from optimizing its existing production to new projects. But when will the tap be turned? Elaine Maslin reports. Shell’s Olympus platform. Photo from Shell's Flickr…
Deep sea minerals have been seen as a potential new source for in demand metals and rare earth elements. Offshore sector firms are eyeing the potential for a new revenue stream. Elaine Maslin reports. Many are looking to a new resource…
Balancing digitalization, decommissioning, and a need to remain relevant and the lower “for the foreseeable future” scenario made for a complex range of topics at SPE Offshore Europe 2017. Bob Dudley…
2017 is set to be a record year for exploration in the Barents Sea, with one prospect in particular getting most of the attention. Edison Investment Research’s Elaine Reynolds explores the scene. Tapping Korpfjell: the Songa Enabler…
Despite disappointment at Korpfjell, there’s optimism in the far North. The Christophe de Margerie LNG carrier in icy conditions. Photo from Total. High hopes were pinned on the multi-billion-barrel potential Korpfjell prospect…
Norway has an ambitious plan to take carbon capture and storage offshore to a level which could potentially see the country becoming a store for other’s emissions. Elaine Maslin reports. Technology Centre Mongstad…
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