Offshore engineering firm Aquaterra Energy has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches. The deal is the first to be agreed following EV’s…
Total E&P Congo awarded Sparrows Group and SPIE Oil & Gas Services a crane maintenance contract on the Moho Nord development, offshore West Africa, in the duo’s first joint delivery project. Crane inspection…
Nearly two years after a failed attempt, oilfield services giant Schlumberger is set to acquire a majority stake in Eurasia Drilling Co. (EDC). The Astra jackup. Image from EDC. Schlumberger…
Petrobras has awarded Subsea 7 extensions for three pipelay support vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil, with a total combined value of about US$250 million. The firm contract periods for the Seven Waves…
Danish oil firm Maersk Oil has set out its concept for a full redevelopment of the Tyra field on the Danish Continental Shelf.
As part of a three year contract with Lloyd’s Register (LR), the Oil & Gas Authority (OGA) has released their first set of Regional Geological maps and data sets, which cover the UK Central North Sea and Moray Firth. Henk Kombrink, Senior…
All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
Keppel Corp. has revealed that its wholly-owned subsidiary Keppel Offshore and Marine’s (Keppel O&M) plans to deliver five rigs to Borr Drilling, and the world's first floating liquefied natural gas (FLNG) vessel conversion Image from Keppel…
Brazil’s National Petroleum Agency (ANP) has published the final bidding terms for the 14th Round of bids for oil and gas blocks set for 27 September. Some of the blocks available in the 14th Round in the Sergipe-Alagoas area…
Brazilian oil major Petrobras set a new pre-salt production record in June. The oil production Petrobras operates (own and partner shares) in the pre-salt layer set two new monthly and daily records. The new monthly production record is 1…
The Water Power Technologies Office (WPTO) and Oregon State University have concluded detailed negotiations around the development and operation of the Pacific Marine Energy Center South Energy Test Site (PMEC-SETS), a world-class wave energy…
Mexico’s National Commission of Hydrocarbons (CNH) announced that 30 blocks will be offered in the country’s second deepwater round on 31 January 2018. Image of Mexico's first deepwater round held in December 2016…
A Eurostars-funded joint industry project (JIP) led by Akselos and LICengineering has announced the signing of Royal Dutch Shell as the first operator to participate in the two-year digital twin initiative. The JIP is focused on advancing…
Industry guidelines designed to boost production efficiency in the UK Continental Shelf have been published by Oil & Gas UK. Between 2004-2012, the UK Continental Shelf (UKCS) faced the significant challenge of a sustained decline in levels of production efficiency (PE)…
The Oil and Gas Authority (OGA) has released a tranche of UK Continental Shelf data in an effort to help revitalize exploration in the basin. The latest data release follows the publication of a suite of subsurface data packages in June…
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