DNV GL has developed a solution for remote surveillance service for subsea equipment manufacturing, while keeping innovation and cost savings in mind. Remote surveillance test setup at DNV GL offices…
DONG Energy has agreed to sell 50% of Borkum Riffgrund 2, a 450 MW German offshore wind farm project, to Global Infrastructure Partners (GIP) in a deal worth nearly US$1.4 billion. Borkum Riffgrund 2 jacket sailaway…
Petrofac has been awarded a research study from the Energy Institute’s Process Safety Committee in a bid to help improve maintenance management performance across the oil and gas industry. Under the terms of the agreement, Petrofac will…
Cairn Energy has discovered hydrocarbons at its SNE North-1 wildcat well offshore Senegal, as well as oil in a deeper secondary objective, marking the end to the company’s five-well drilling campaign for the year. Map of the SNE field…
Statoil and partners OMV and Petoro have made a non-commercial gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well found a small amount of oil. The well was drilled in license PL 855…
Woodside has made its third gas discovery offshore Myanmar. The Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin intersected a 65m gross gas column. A 36m net gas pay interval was interpreted within the primary target sandstone reservoir…
The American Petroleum Institute (API) says it is disappointed in the Bureau of Ocean Energy Management’s (BOEM) final Programmatic Environmental Impact Statement (EIS) on seismic surveying in the Gulf of Mexico. The programmatic EIS…
The UK's Oil and Gas Authority (OGA) has included seven additional blocks to the 30th Offshore Licensing Round that was announced in late-July. Image from iStock. OGA said that…
Statoil has received the green light from the Norwegian Petroleum Directorate (NPD) for a drilling permit for the Koigen Central wildcat (well 7317/9-1) in the Barents Sea. Map of 7317/9-1, Koigen Central…
A new entrant to the North Sea decommissioning market has been launched, with backing from a group of well known industry leaders and goals to attract US$263 million (£200 million) in investment and create 400 new jobs. Well-Safe Solutions wants to offer a cost-effective…
Apache has brought its Callater North Sea subsea tieback on stream ahead of schedule. Discovered in 2015, Callater, a six-well slot bundle tieback to the Beryl Alpha facility. It was among three fields, including Seagull and Corona…
The new Pacific Drilling CEO says that the company is gaining an increased interest in the deepwater sector for 2018, as the company recorded a loss in Q2, amid the possibility of filing for bankruptcy. The Pacific Bora…
OMV and Perenco have closed a deal that makes Perenco part owner of independent oil and gas company Serept, as well as the Ashtart oil field offshore Tunisia. Ashtart. Image from OMV. The…
The author of the report into the Piper Alpha disaster, 29 years ago, has today welcomed the launch of a new oil and gas resource to help prevent future offshore incidents. Encompassing the Future: Offshore Oil and Gas Operations is a multi-volume volume print and digital resource…
Jacobs Engineering Group Inc. and CH2M Hill Companies Ltd. have entered into a definitive agreement that will see Jacobs acquire all of the outstanding shares of CH2M in a cash and stock transaction with an enterprise value (EV) of approximately US$3…
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